Compare · CLM vs IAF
CLM vs IAF
Side-by-side comparison of Cornerstone Strategic Investment Fund Inc. (CLM) and abrdn Australia Equity Fund Inc. (IAF): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both CLM and IAF operate in Finance/Investors Services (Finance), so they compete in similar markets.
- CLM is the larger of the two at $1.64B, about 12.8x IAF ($128.4M).
- Over the past year, CLM is down 5.1% and IAF is down 69.6% - CLM leads by 64.5 points.
- IAF has hit the wire 1 time in the past 4 weeks while CLM has been quiet.
- Company
- Cornerstone Strategic Investment Fund Inc.
- abrdn Australia Equity Fund Inc.
- Price
- $7.58+0.60%
- $12.07-3.98%
- Market cap
- $1.64B
- $128.4M
- 1M return
- -1.04%
- -5.85%
- 1Y return
- -5.07%
- -69.56%
- Industry
- Finance/Investors Services
- Finance/Investors Services
- Exchange
- AMEX
- AMEX
- IPO
- 2003
- 1985
- News (4w)
- 0
- 1
- Recent ratings
- 0
- 0
Cornerstone Strategic Investment Fund Inc.
Cornerstone Strategic Value Fund, Inc. is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, Inc. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies. It also invests through other closed-end investment companies and ETF's. Cornerstone Strategic Value Fund, Inc. was formed on May 1, 1987 and is domiciled in the United States.
abrdn Australia Equity Fund Inc.
Aberdeen Australia Equity Fund, Inc. is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors. It employs fundamental analysis with a bottom-up and top-down stock picking approach with focus on factors like growth prospects, competitive positions in domestic and export markets, technology, research and development, productivity, labor and raw material costs, profit margins, return on investment, capital resources, quality of management, and government regulation to create its portfolio. The fund benchmarks the performance of its portfolio against the S&P ASX 200 Accumulation Index. It also uses proprietary research to create its portfolio. The Aberdeen Australia Equity Fund Inc. was previously known as The First Australia Fund, Inc. Aberdeen Australia Equity Fund, Inc. was formed in September 30, 1985 and is domiciled in the United States.
Latest CLM
- Cornerstone Funds Announce Continuing Monthly Distributions
- SEC Form N-CEN filed by Cornerstone Strategic Investment Fund Inc.
- Cornerstone Funds File Their Annual Reports
- SEC Form N-CSR filed by Cornerstone Strategic Investment Fund Inc.
- SEC Form 40-17G filed by Cornerstone Strategic Investment Fund Inc.
- SEC Form DEF 14A filed by Cornerstone Strategic Investment Fund Inc.
- Cornerstone Funds Announce Continuing Monthly Distributions
- Cornerstone Funds Announce Continuing Monthly Distributions and Reset Distribution Amounts for 2026
- Director Morris Matthew sold $6 worth of shares (1 units at $8.18), decreasing direct ownership by 0.00% to 26,193 units (SEC Form 4)
- Director Morris Matthew sold $284,900 worth of shares (35,000 units at $8.14), decreasing direct ownership by 57% to 26,194 units (SEC Form 4)
Latest IAF
- ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE RESULTS OF ANNUAL MEETING OF SHAREHOLDERS
- Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
- Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
- Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
- SEC Form N-CEN filed by abrdn Australia Equity Fund Inc.
- Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
- SEC Form N-CSR filed by abrdn Australia Equity Fund Inc.
- SEC Form 3 filed by new insider Reilly Heather Carter
- ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS
- Director Ajmera Radhika bought $4,094 worth of shares (910 units at $4.50), increasing direct ownership by 60% to 2,431 units (SEC Form 4)