Clm stock price continues to benefit from sector
CLM stock price continues to benefit from sector rotation into defensive income plays. With the VIX at sub-14 levels, risk appetite remains conducive to closed-end fund stability. For the better part of the last three years, no trend has captivated the attention and capital of investors more than artificial intelligence (AI) . Giving software and systems the capacity to make split-second decisions without human oversight is a game-changer for most industries around the globe. It's also the reason analysts at PwC foresee AI boosting worldwide gross domestic product by $15.7 trillion come 2030. Before you consider Cornerstone Strategic Investment Fund, you'll want to hear this. Over the last quarter, CLM stock price has risen by 8.4%, reflecting the broader bounce in closed-end fund NAVs. Yield compression is minimal, keeping total return potential favorable compared with treasury yields.
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