Does cornerstone strategic value fund pay 14.1%?

Today we'll discuss a portfolio that pays 14.1% (that's no typo). Cornerstone Strategic Value Fund is a closed-end fund with a 19% yield, but its NAV has declined significantly since its inception. The fund's strategy cannibalizes capital and relies on the return of...

What are Cornerstone Investments?

Cornerstone investments, which involve taking a stake in an about-to-list company, have been popular in Asia and in Nordic countries for several years [Cornerstone Investments refer to investments made by institutions or individuals in a company before its initial public offering (IPO)]. They are becoming a more regular feature in European deals.

What is CornerStone®?

CornerStone® is a range of paints, stains, glues, and adhesives specifically formulated to safeguard indoor air quality and is LEED Compliant and environmentally compliant. It also complies with various industry standards such as SEFA 8 Metal, NFPA 30, and UL 1275.