Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2026

Core Viewpoint - Cornerstone Strategic Investment Fund, Inc. and Cornerstone Total Return Fund, Inc. have announced their monthly distribution amounts for 2026, maintaining a distribution policy that aims to provide stable, high rates of distribution based on net asset value [1][2][3] Distribution Details - The distribution amounts per share for CLM and CRF are set at $0.1215 and $0.1176 respectively for January, February, and March 2026 [2] - Each Fund's distribution policy allows for an annual reset of the monthly distribution amount based on the net asset value as of the last business day of October [2][3] Distribution Policy - The Boards of both Funds believe that their distribution policy supports regular distributions that enhance liquidity and provide flexibility for stockholders [3][4] - 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 [5][6] Tax Implications - Return-of-capital distributions are not taxed as ordinary income and reduce the cost basis of stockholders' shares [7] - Stockholders will receive tax-reporting information for 2025 distributions by mid-February 2026 [8] Investment Strategy - Cornerstone Advisors views volatility in the economy as an opportunity for investments in closed-end funds, which can enhance diversification within each Fund's portfolio [9] - The Funds may invest in other investment companies, which involves similar risks as direct investments [10] Share Repurchase Program - Each Fund's Board has approved a share repurchase program to buy back shares opportunistically at discounts to net asset value [12]