Cornerstone Funds Announce Continuing Monthly Distributions for 2025 and Distribution Percentage for 2026

Core Viewpoint - Cornerstone Strategic Investment Fund, Inc. and Cornerstone Total Return Fund, Inc. have announced their monthly distributions for the remainder of 2025, maintaining a consistent distribution policy that is not tied to investment income or capital gains [1][4]. Distribution Announcements - The monthly distribution amounts for CLM and CRF are set at $0.1224 and $0.1168 per share respectively for October, November, and December 2025 [1]. - The distribution percentage for 2026 will remain at 21%, which will be applied to the net asset value as of the end of October 2025 to determine the Distribution Amount for 2026 [2]. Distribution Policy - Each Fund's distribution policy allows for the resetting of the monthly distribution amount annually based on net asset value and approved distribution percentage [1][4]. - The actual monthly Distribution Amount for 2026 will be determined at the end of October 2025, with potential adjustments based on net asset value changes [3]. Composition of Distributions - Distributions may consist of earnings, capital gains, or return-of-capital, with a portion expected to be a return of capital in the current economic environment [6][7]. - Distributions designated as return-of-capital are not taxed as ordinary income dividends and reduce the cost basis of a stockholder's shares [8]. Stockholder Options - Stockholders have the option to reinvest distributions in additional shares or receive them in cash, with a dividend reinvestment plan available [5]. - The Boards of each Fund believe that regular distributions enhance liquidity and provide flexibility for stockholders [5]. Economic Context - The current economic environment is viewed as creating significant opportunities for investments in closed-end funds, which may include equity and fixed income securities [9].