Cornerstone Funds File Their Annual Reports
February 15 2018 - 5:09PM
Cornerstone Strategic Value Fund, Inc. (“CLM”) and Cornerstone
Total Return Fund, Inc. (“CRF”) (individually the “Fund” or,
collectively, the “Funds”) have each filed copies of their annual
report on Form N-CSR with the U.S. Securities and Exchange
Commission (“SEC”). Each report includes audited financial
statements for the fiscal year ended December 31, 2017. The annual
reports are available online at
www.cornerstonestrategicvaluefund.com and
www.cornerstonetotalreturnfund.com. Copies of these reports are
also available free of charge upon request by calling
1-866-668-6558.
Cornerstone Strategic Value Fund, Inc. is a
closed-end, diversified management company organized as a Maryland
corporation and is registered with the SEC under the Investment
Company Act of 1940, as amended.
Cornerstone Total Return Fund, Inc. is a
closed-end, diversified management company organized as a New York
corporation and is registered with the SEC under the Investment
Company Act of 1940, as amended.
Cornerstone Advisors, Inc. serves as the investment manager to
the Funds.
Past performance is no guarantee of future
performance. An investment in a Fund is subject to certain risks,
including market risk. In general, shares of closed-end funds often
trade at a discount from their net asset value and at the time of
sale may be trading on the exchange at a price that is more or less
than the original purchase price or the net asset value. An
investor should carefully consider a Fund’s investment objective,
risks, charges and expenses. Please read a Fund’s disclosure
documents before investing.
In addition to historical information, this
release contains forward-looking statements, which may concern,
among other things, domestic and foreign markets, industry and
economic trends and developments and government regulation and
their potential impact on a Fund’s investment portfolio. These
statements are subject to risks and uncertainties, including the
factors set forth in each Fund’s disclosure documents, filed with
the SEC, and actual trends, developments and regulations in the
future, and their impact on each Fund could be materially different
from those projected, anticipated or implied. Each Fund has no
obligation to update or revise forward-looking statements.
Contact:
Cornerstone Advisors Inc.
(866) 668-6558