OMB
APPROVAL
|
OMB
Number: 3235-0578
Expires:
April 30, 2010
Estimated
average burden hours per response:
10.5
|
260 Madison Avenue, 8th
Floor New
York, New York
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10016
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(Address
of principal executive offices)
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(Zip
code)
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CORNERSTONE
STRATEGIC VALUE FUND, INC.
|
||||||||
SCHEDULE OF INVESTMENTS -
SEPTEMBER 30, 2009 (UNAUDITED)
|
||||||||
Description
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No.
of Shares
|
Value
|
||||||
EQUITY
SECURITIES - 99.37%
|
||||||||
CLOSED-END
FUNDS - 7.28%
|
||||||||
Adams
Express Company (The) (a)
|
26,400 | $ | 257,928 | |||||
Advent/Claymore
Enhanced Growth & Income Fund
|
33,561 | 363,801 | ||||||
BlackRock
Dividend Achievers Trust
|
8,000 | 67,200 | ||||||
Liberty
All-Star Equity Fund
|
302,030 | 1,277,587 | ||||||
Liberty
All-Star Growth Fund
|
283,601 | 896,179 | ||||||
Tri-Continental
Corporation
|
22,800 | 251,256 | ||||||
Zweig
Fund, Inc. (The)
|
323,850 | 1,039,559 | ||||||
4,153,510 | ||||||||
CONSUMER
DISCRETIONARY - 8.86%
|
||||||||
Amazon.com,
Inc. ^ *
|
3,000 | 280,080 | ||||||
Best
Buy Company, Inc.
|
4,500 | 168,840 | ||||||
Comcast
Corporation - Class A
|
11,555 | 195,164 | ||||||
DIRECTV
Group, Inc. (The) ^ *
|
4,000 | 110,320 | ||||||
Family
Dollar Stores, Inc. ^
|
2,000 | 52,800 | ||||||
Gap,
Inc. (The) ^
|
9,200 | 196,880 | ||||||
Home
Depot, Inc. (The) ^
|
2,000 | 53,280 | ||||||
Lowe's
Companies, Inc. ^
|
5,900 | 123,546 | ||||||
McDonald's
Corporation ^
|
14,900 | 850,343 | ||||||
News
Corporation - Class A ^
|
10,000 | 119,900 | ||||||
NIKE,
Inc. - Class B
|
6,100 | 394,670 | ||||||
Omnicom
Group, Inc.
|
6,200 | 229,028 | ||||||
Staples,
Inc. ^
|
12,800 | 297,216 | ||||||
Starbucks
Corporation *
|
2,800 | 57,820 | ||||||
Target
Corporation
|
10,300 | 480,804 | ||||||
Time
Warner Cable, Inc.*
|
1,966 | 84,715 | ||||||
TJX
Companies, Inc. (The)
|
7,000 | 260,050 | ||||||
Toyota
Motor Corporation - ADR
|
2,500 | 196,425 | ||||||
Viacom,
Inc. - Class B *
|
5,450 | 152,818 | ||||||
Walt
Disney Company (The) ^
|
24,200 | 664,532 | ||||||
Yum!
Brands, Inc. ^
|
2,500 | 84,400 | ||||||
5,053,631 | ||||||||
CONSUMER
STAPLES - 11.01%
|
||||||||
Altria
Group, Inc.
|
13,300 | 236,873 | ||||||
Archer-Daniels-Midland
Company ^
|
3,960 | 115,711 | ||||||
Coca-Cola
Company (The)
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15,000 | 805,500 | ||||||
Colgate-Palmolive
Company ^
|
4,400 | 335,632 | ||||||
ConAgra
Foods, Inc.
|
3,400 | 73,712 | ||||||
CVS
Caremark Corporation ^
|
10,430 | 372,768 |
CORNERSTONE
STRATEGIC VALUE FUND, INC.
|
||||||||
SCHEDULE OF INVESTMENTS -
SEPTEMBER 30, 2009 (UNAUDITED)
(Continued)
|
||||||||
CONSUMER
STAPLES (Continued)
|
||||||||
General
Mills, Inc.
|
2,500 | $ | 160,950 | |||||
H.J.
Heinz Company
|
4,000 | 159,000 | ||||||
Kimberly-Clark
Corporation
|
2,500 | 147,450 | ||||||
Kraft
Foods, Inc. - Class A
|
10,932 | 287,184 | ||||||
Kroger
Company (The) ^
|
8,800 | 181,632 | ||||||
PepsiCo,
Inc.
|
7,100 | 416,486 | ||||||
Philip
Morris International, Inc. ^
|
9,800 | 477,652 | ||||||
Procter
& Gamble Company (The)
|
22,297 | 1,291,442 | ||||||
Sysco
Corporation
|
9,800 | 243,530 | ||||||
Walgreen
Company ^
|
4,800 | 179,856 | ||||||
Wal-Mart
Stores, Inc.
|
16,100 | 790,349 | ||||||
6,275,727 | ||||||||
ENERGY
- 11.27%
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||||||||
Baker
Hughes, Inc. ^
|
8,100 | 345,546 | ||||||
Chevron
Corporation
|
17,032 | 1,199,564 | ||||||
Conocophillips
^
|
10,474 | 473,006 | ||||||
Exxon
Mobil Corporation
|
35,500 | 2,435,655 | ||||||
Halliburton
Company
|
9,700 | 263,064 | ||||||
Marathon
Oil Corporation
|
11,500 | 366,850 | ||||||
Occidental
Petroleum Corporation
|
5,000 | 392,000 | ||||||
Schlumberger
Ltd.
|
8,000 | 476,800 | ||||||
Transocean
Ltd. *
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2,500 | 213,825 | ||||||
XTO
Energy, Inc.
|
6,250 | 258,250 | ||||||
6,424,560 | ||||||||
FINANCIALS
- 12.67%
|
||||||||
AFLAC,
Inc.
|
5,500 | 235,070 | ||||||
Allstate
Corporation (The)
|
6,800 | 208,216 | ||||||
American
Express Company
|
6,400 | 216,960 | ||||||
Bank
of America Corporation
|
16,138 | 273,055 | ||||||
Bank
of New York Mellon Corporation (The) ^
|
7,754 | 224,788 | ||||||
BB&T
Corporation
|
3,500 | 95,340 | ||||||
Capital
One Financial Corporation
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2,500 | 89,325 | ||||||
Charles
Schwab Corporation (The) ^
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22,000 | 421,300 | ||||||
Chubb
Corporation (The)
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3,500 | 176,435 | ||||||
Goldman
Sachs Group, Inc. (The)
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3,000 | 553,050 | ||||||
Hudson
City Bancorp, Inc.
|
15,500 | 203,825 | ||||||
JPMorgan
Chase & Company
|
35,132 | 1,539,484 | ||||||
Marsh
& McLennan Companies, Inc.
|
10,000 | 247,300 | ||||||
MetLife,
Inc.
|
5,700 | 216,999 | ||||||
Morgan
Stanley
|
7,000 | 216,160 | ||||||
PNC
Financial Services Group, Inc. ^
|
7,600 | 369,284 |
CORNERSTONE
STRATEGIC VALUE FUND, INC.
|
||||||||
SCHEDULE OF INVESTMENTS -
SEPTEMBER 30, 2009 (UNAUDITED)
(Continued)
|
||||||||
FINANCIALS
(Continued)
|
||||||||
T.
Rowe Price Group, Inc. ^
|
5,000 | $ | 228,500 | |||||
Travelers
Companies, Inc. (The)
|
9,476 | 466,504 | ||||||
U.S.
Bancorp
|
9,901 | 216,436 | ||||||
Wells
Fargo & Company
|
36,400 | 1,025,752 | ||||||
7,223,783 | ||||||||
HEALTH
CARE - 12.44%
|
||||||||
Abbott
Laboratories
|
9,200 | 455,124 | ||||||
Aetna,
Inc.
|
5,000 | 139,150 | ||||||
Amgen,
Inc. *
|
6,700 | 403,541 | ||||||
Baxter
International, Inc. ^
|
5,000 | 285,050 | ||||||
Becton,
Dickinson and Company
|
5,400 | 376,650 | ||||||
Biogen
Idec, Inc. *
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4,000 | 202,080 | ||||||
Bristol-Myers
Squibb Company
|
23,500 | 529,220 | ||||||
Cardinal
Health, Inc. ^
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7,950 | 213,060 | ||||||
Covidien
PLC
|
2,599 | 112,433 | ||||||
Eli
Lilly & Company ^
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4,700 | 155,241 | ||||||
Gilead
Sciences, Inc. *
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7,000 | 326,060 | ||||||
Johnson
& Johnson
|
20,400 | 1,242,156 | ||||||
McKesson
Corporation
|
2,800 | 166,740 | ||||||
Medtronic,
Inc.
|
10,000 | 368,000 | ||||||
Merck
& Company, Inc.
|
12,500 | 395,375 | ||||||
Pfizer,
Inc.
|
23,560 | 389,918 | ||||||
Schering-Plough
Corporation ^
|
10,000 | 282,500 | ||||||
Stryker
Corporation
|
3,500 | 159,005 | ||||||
UnitedHealth
Group, Inc. ^
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11,000 | 275,440 | ||||||
WellPoint,
Inc. ^ *
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3,500 | 165,760 | ||||||
Wyeth
|
9,200 | 446,936 | ||||||
7,089,439 | ||||||||
INDUSTRIALS
- 9.57%
|
||||||||
3M
Company
|
4,400 | 324,720 | ||||||
Boeing
Company (The)
|
2,200 | 119,130 | ||||||
Burlington
Northern Santa Fe Corporation
|
5,400 | 431,082 | ||||||
Caterpillar,
Inc.
|
6,800 | 349,044 | ||||||
CSX
Corporation
|
6,500 | 272,090 | ||||||
Deere
& Company
|
6,500 | 278,980 | ||||||
Emerson
Electric Company
|
6,000 | 240,480 | ||||||
General
Dynamics Corporation ^
|
3,200 | 206,720 | ||||||
General
Electric Company
|
56,900 | 934,298 | ||||||
Honeywell
International, Inc.
|
5,000 | 185,750 | ||||||
Illinois
Tool Works, Inc.
|
2,800 | 119,588 | ||||||
Lockheed
Martin Corporation
|
3,000 | 234,240 |
CORNERSTONE
STRATEGIC VALUE FUND, INC.
|
||||||||
SCHEDULE OF INVESTMENTS -
SEPTEMBER 30, 2009 (UNAUDITED)
(Continued)
|
||||||||
INDUSTRIALS
(Continued)
|
||||||||
Norfolk
Southern Corporation
|
5,500 | $ | 237,105 | |||||
Northrop
Grumman Corporation
|
2,500 | 129,375 | ||||||
Raytheon
Company
|
6,000 | 287,820 | ||||||
Union
Pacific Corporation
|
4,000 | 233,400 | ||||||
United
Parcel Service, Inc. - Class B
|
4,100 | 231,527 | ||||||
United
Technologies Corporation
|
6,000 | 365,580 | ||||||
Waste
Management, Inc.
|
9,300 | 277,326 | ||||||
5,458,255 | ||||||||
INFORMATION
TECHNOLOGY - 17.45%
|
||||||||
Adobe
Systems, Inc. *
|
4,200 | 138,768 | ||||||
Apple,
Inc. *
|
5,900 | 1,093,683 | ||||||
Applied
Materials, Inc.
|
14,800 | 198,320 | ||||||
Automatic
Data Processing, Inc.
|
4,400 | 172,920 | ||||||
Cisco
Systems, Inc. *
|
38,900 | 915,706 | ||||||
Corning,
Inc. ^
|
11,500 | 176,065 | ||||||
Dell,
Inc. ^ *
|
2,700 | 41,202 | ||||||
eBay,
Inc. *
|
2,500 | 59,025 | ||||||
EMC
Corporation *
|
27,148 | 462,602 | ||||||
Google,
Inc. - Class A *
|
2,000 | 991,700 | ||||||
Hewlett-Packard
Company
|
16,900 | 797,849 | ||||||
Intel
Corporation
|
62,500 | 1,223,125 | ||||||
International
Business Machines Corporation
|
9,100 | 1,088,451 | ||||||
Microsoft
Corporation
|
56,200 | 1,455,018 | ||||||
Nortel
Networks Corporation *
|
660 | 57 | ||||||
Oracle
Corporation
|
22,272 | 464,149 | ||||||
QUALCOMM,
Inc.
|
10,000 | 449,800 | ||||||
Texas
Instruments, Inc. ^
|
6,400 | 151,616 | ||||||
Yahoo!,
Inc. *
|
4,000 | 71,240 | ||||||
9,951,296 | ||||||||
MATERIALS
- 2.92%
|
||||||||
Alcoa,
Inc. ^
|
11,400 | 149,568 | ||||||
Dow
Chemical Company (The)
|
5,400 | 140,778 | ||||||
E.I.
Du Pont de Nemours & Company
|
9,500 | 305,330 | ||||||
Freeport-McMoRan
Copper & Gold, Inc. ^*
|
5,000 | 343,050 | ||||||
Monsanto
Company
|
4,660 | 360,684 | ||||||
Praxair,
Inc. ^
|
4,500 | 367,605 | ||||||
1,667,015 | ||||||||
REAL
ESTATE INVESTMENT TRUST - 0.00%
|
||||||||
Simon
Property Group, Inc.
|
14 | 972 |
CORNERSTONE
STRATEGIC VALUE FUND, INC.
|
||||||||
SCHEDULE OF INVESTMENTS -
SEPTEMBER 30, 2009 (UNAUDITED)
(Continued)
|
||||||||
TELECOMMUNICATION
SERVICES - 2.70%
|
||||||||
AT&T,
Inc.
|
37,039 | $ | 1,000,423 | |||||
Verizon
Communications, Inc.
|
17,800 | 538,806 | ||||||
1,539,229 | ||||||||
UTILITIES
- 3.20%
|
||||||||
American
Electric Power Company, Inc.
|
5,000 | 154,950 | ||||||
Dominion
Resources, Inc. ^
|
7,700 | 265,650 | ||||||
Duke
Energy Corporation
|
15,800 | 248,692 | ||||||
Edison
International
|
3,500 | 117,530 | ||||||
Exelon
Corporation
|
3,000 | 148,860 | ||||||
FirstEnergy
Corporation
|
3,000 | 137,160 | ||||||
FPL
Group, Inc. ^
|
4,000 | 220,920 | ||||||
PG&E
Corporation ^
|
3,000 | 121,470 | ||||||
Public
Service Enterprises Group, Inc. ^
|
4,500 | 141,480 | ||||||
Southern
Company (The) ^
|
8,400 | 266,028 | ||||||
1,822,740 | ||||||||
TOTAL EQUITY
SECURITIES (cost - $55,119,320)
|
$ | 56,660,157 | ||||||
SHORT-TERM
INVESTMENTS - 8.09%
|
||||||||
MONEY
MARKET SECURITY - 0.73%
|
||||||||
JPMorgan
U.S. Government Money Market Fund
|
415,430 | $ | 415,430 | |||||
Principal
Amount
(000's)
|
||||||||
REPURCHASE
AGREEMENTS - 7.36%
|
||||||||
J.P.
Morgan Securities, Inc.†‡
|
||||||||
(Agreement
dated 9/30/2009 to be repurchased at $499,160, 0.05%, 10/1/2009,
collateralized by $516,487 in United States Treasury
Bonds)
|
$ | 499 | 499,160 | |||||
J.P.
Morgan Securities, Inc.†‡
|
||||||||
(Agreement
dated 9/30/2009 to be repurchased at $3,696,348, 0.1%, 10/1/2009,
collateralized by $3,805,693 in United States Treasury
Bonds)
|
3,696 | 3,696,348 | ||||||
4,195,508 | ||||||||
TOTAL SHORT-TERM INVESTMENTS
(cost - $4,610,938)
|
4,610,938 | |||||||
TOTAL INVESTMENTS - 107.46%
(cost - $59,730,258)
|
61,271,095 |
CORNERSTONE
STRATEGIC VALUE FUND, INC.
|
||||
SCHEDULE OF INVESTMENTS -
SEPTEMBER 30, 2009 (UNAUDITED)
(Continued)
|
||||
LIABILITIES
IN EXCESS OF OTHER ASSETS - (7.46)%
|
(4,254,844 | ) | ||
NET
ASSETS - 100.00%
|
$ | 57,016,251 |
·
|
Level
1 – quoted prices in active markets for identical
investments
|
·
|
Level
2 – other significant observable inputs (including quoted prices for
similar investments, interest rates, prepayment speeds, credit risks,
etc.)
|
·
|
Level
3 – significant unobservable inputs (including the Fund’s own assumptions
in determining the fair value of
investments)
|
Valuation
Inputs
|
INVESTMENTS
IN SECURITIES
|
OTHER
FINANCIAL INSTRUMENTS*
|
||||||
Level
1 – Quoted Prices
|
$ | 61,271,094 | $ | - | ||||
Level
2 – Other Significant Observable Inputs
|
- | - | ||||||
Level
3 – Significant Unobservable Inputs
|
- | - | ||||||
Total
|
$ | 61,271,094 | $ | - |
By
(Signature and Title)*
|
/s/ Ralph W.
Bradshaw
|
Ralph
W. Bradshaw, President and Chairman
|
|
(Principal
Executive Officer)
|
By
(Signature and Title)*
|
/s/ Ralph W.
Bradshaw
|
Ralph
W. Bradshaw, President and Chairman
|
|
(Principal
Executive Officer)
|
By
(Signature and Title)*
|
/s/ Frank J.
Maresca
|
Frank
J. Maresca, Treasurer
|
|
(Principal
Financial Officer)
|