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As of June 26, 2015 Cornerstone Progressive Return Fund has been acquired by Cornerstone Strategic Value Fund, Inc. Cornerstone Progressive Return Fund 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 dividend paying stocks of companies, as well as in other closed-end investment companies and ETFs. Cornerstone Progressive Return Fund was formed on April 26, 2007 and is domiciled in the United States.
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