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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IqOVk6c6OcwH65gWakUA7RdoGyU868YFzi+ld5RnR6wd9fJ3VGibiKWbqluAUJN+
 2epEke4o294bWJS8GW4Ptw==

<SEC-DOCUMENT>9999999995-10-003091.txt : 20101101
<SEC-HEADER>9999999995-10-003091.hdr.sgml : 20101101
<ACCEPTANCE-DATETIME>20101101001510
ACCESSION NUMBER:		9999999995-10-003091
CONFORMED SUBMISSION TYPE:	EFFECT
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20101029
DATE AS OF CHANGE:		20101101
EFFECTIVENESS DATE:		20101029

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CORNERSTONE STRATEGIC VALUE FUND INC
		CENTRAL INDEX KEY:			0000814083
		IRS NUMBER:				133407699
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-168927
		FILM NUMBER:		101153339

	BUSINESS ADDRESS:	
		STREET 1:		ULTIMUS FUND SOLUTIONS, LLC
		STREET 2:		350 JERICHO TURNPIKE, SUITE 206
		CITY:			JERICHO
		STATE:			NY
		ZIP:			11753
		BUSINESS PHONE:		(646) 881-4985

	MAIL ADDRESS:	
		STREET 1:		ULTIMUS FUND SOLUTIONS, LLC
		STREET 2:		350 JERICHO TURNPIKE, SUITE 206
		CITY:			JERICHO
		STATE:			NY
		ZIP:			11753

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CORNERSTONE STRATEGIC VALUE FUND INC/ NEW
		DATE OF NAME CHANGE:	20010503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLEMENTE STRATEGIC VALUE FUND INC
		DATE OF NAME CHANGE:	19990622

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLEMENTE GLOBAL GROWTH FUND INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>EFFECT
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2010-10-29</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>10:15:00</finalEffectivenessDispTime>
        <form>N-2</form>
        <filer>
            <cik>0000814083</cik>
            <entityName>CORNERSTONE STRATEGIC VALUE FUND INC</entityName>
            <fileNumber>333-168927</fileNumber>
        </filer>
    </effectiveData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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