Cornerstone Strategic Investment Fund Sets $0.1215 Monthly Distributions Through Q3
Cornerstone Strategic Investment Fund declared monthly distributions of $0.1215 per share for July, August and September 2026 under its fixed-dollar policy. The board will reset the payout annually based on October-end NAV and expects part of 2026 distributions to be return-of-capital.
1. Distribution Schedule
The fund declared per-share distributions of $0.1215 payable on July 31, August 31 and September 30, 2026 to shareholders of record on July 15, August 14 and September 15 respectively.
2. Policy Mechanics
Under its distribution policy, the board annually resets the fixed monthly payout based on the fund’s net asset value on the last business day of October and the approved annualized distribution percentage.
3. Distribution Composition
Payouts may consist of earnings, capital gains or return-of-capital; given current market conditions, a portion of 2026 distributions is expected to reduce shareholders’ cost basis rather than reflect portfolio yield.
4. Shareholder Options and Tax
Investors may elect to reinvest distributions through the fund’s dividend reinvestment plan or receive cash; return-of-capital distributions are treated as nontaxable and lower the cost basis of shares.