EX-99.3 4 clm_ex99-3.htm STATEMENT SHOWING AMOUNT OF THE SINGLE INSURED BOND cfp_ex99-3.htm
EXHIBIT 99.3
 
CORNERSTONE FAMILY OF CLOSED-END FUNDS
Cornerstone Total Return Fund, Inc.
Cornerstone Strategic Value Fund, Inc.
Cornerstone Progressive Return Fund
 
     
Joint Fidelity Bond
                    
     
Rule 17g-1
                
Stand-alone
  
     
Gross Assets (1)
    
Individual
    
Allocated
    
Annual
  
Fund
    
12/31/2010
    
Bond
    
Premium
    
Premium
  
Cornerstone Total Return Fund, Inc.
   $ 26,502,056     $ 250,000       410     $ 2,244  
Cornerstone Strategic Value Fund, Inc.
     65,628,590       400,000       1,014       2,525  
Cornerstone Progressive Return Fund
     57,409,581       400,000       887       2,806  
                                   
Total Coverage Required
           $ 1,050,000                  
                                   
Actual Coverage Obtained
           $ 1,525,000                  
                                   
 
Premium
                   $ 2,311     $ 7,575  
 
 
(1) 
In accordance with Rule 17g-1, amount of registered management investment company gross assets should be at the end of the most recent fiscal quarter prior to date of termination (March 23, 2011).