EX-99.3 4 crf_ex99-3.htm STATEMENT SHOWING AMOUNT OF THE SINGLE INSURED BOND crf_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
    
12/31/2011
    
Bond
    
Premium
    
Premium
  
Cornerstone Total Return Fund, Inc.
   $ 38,931,772     $ 350,000       422     $ 2,000  
Cornerstone Strategic Value Fund, Inc.
     94,754,262       450,000       1,027       2,311  
Cornerstone Progressive Return Fund
     79,533,917       450,000       862       2,311  
                                   
Total Coverage Required
           $ 1,250,000                  
                                   
Actual Coverage Obtained
           $ 1,250,000                  
                                   
 
Premium
                   $ 2,311     $ 6,622  
 
 
(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, 2012).