Clough Global Equity Stock Price, News & Analysis

Clough Global Equity Fund (NYSE:GLQ) has declared monthly cash distributions of $0.0650 per share for July, August, and September 2025. The Fund maintains a managed distribution policy targeting monthly rates at one-twelfth of 10% of the Fund's adjusted year-end NAV.

The Fund, managed by Clough Capital Partners L.P., has approximately $218.8 million in total assets as of June 30, 2025. The investment firm manages a total of $1.3 billion in assets, including $520 million in hedge fund and institutional accounts, $71 million in ETFs, and $718 million across three closed-end funds.

The Fund follows a global, flexible mandate, investing at least 80% in equity and equity-related securities across U.S. and non-U.S. markets, with the remainder in fixed income securities.

Clough Global Equity Fund (NYSE American: GLQ) has announced its monthly distribution of $0.0650 per share paid on June 30, 2025, to shareholders of record as of June 17, 2025. The fund reports that 100% of the current distribution comes from return of capital, with no portion attributed to net investment income or capital gains.

The Fund's fiscal year-to-date performance metrics show an annualized distribution rate of 10.24% based on NAV, a cumulative distribution rate of 6.70%, and a cumulative total return of 3.62%. The Fund's 5-year average annual total return through May 31, 2025, stands at 4.33%.

[ "Maintains consistent monthly distribution of $0.0650 per share", "Annualized distribution rate of 10.24% based on NAV", "Positive 5-year average annual total return of 4.33%", "Positive cumulative total return of 3.62% fiscal year-to-date" ]

Clough Capital Partners announced the renewal of share repurchase programs for three closed-end funds: Clough Global Equity Fund (GLQ), Global Opportunities Fund (GLO), and Global Dividend & Income Fund (GLV). Each fund can repurchase up to 5% of outstanding common shares in open market transactions through June 30, 2026. Since the program's inception in June 2023, GLV has repurchased 299,900 shares, GLQ 386,500 shares, and GLO 779,500 shares. The repurchases aim to enhance shareholder value when shares trade at a discount to NAV. Clough Capital, managing over $1.3 billion in assets as of March 2025, will execute purchases based on market conditions and investment considerations, subject to federal securities laws and exchange requirements.

Clough Global Equity Fund (GLQ) announced its monthly distribution of $0.0650 per share, paid on May 30, 2025, to shareholders of record as of May 19, 2025. The distribution analysis reveals that 100% of the current distribution ($0.0650) and fiscal year-to-date cumulative distributions ($0.44560) are classified as return of capital. The Fund's performance metrics show an annualized distribution rate of 10.94% of NAV, a cumulative distribution rate of 6.25%, and a negative cumulative total return of -3.96% for the fiscal year to date. The Fund's 5-year average annual total return on NAV stands at 4.06% as of April 30, 2025. The Fund acknowledges distributing more than its income and realized capital gains, indicating that portions of distributions represent return of capital.

Clough Global Equity Fund (GLQ) has announced its monthly distribution of $0.0650 per share, paid on April 30, 2025, to shareholders of record as of April 17, 2025. The distribution analysis reveals that 100% of both the current distribution and fiscal year-to-date distributions are classified as return of capital.

Key performance metrics show an annualized distribution rate of 10.88% and a cumulative distribution rate of 5.31% based on NAV. The Fund's fiscal year-to-date performance indicates a cumulative total return of -4.39% on NAV, while maintaining a 5-year average annual total return of 6.12% as of March 31, 2025.

The Fund notes that these distributions should not be confused with yield or income, as they represent estimates and may include return of capital. Shareholders are advised that the actual tax reporting amounts will be provided in Form 1099-DIV.

Clough Global Equity Fund (GLQ) has announced monthly cash distributions of $0.0650 per share for April, May, and June 2025. The distributions follow the Fund's managed distribution policy, which sets monthly rates at one-twelfth of 10% of the Fund's adjusted year-end NAV.

The Fund, with approximately $208.1 million in total assets as of March 31, 2025, is managed by Clough Capital Partners L.P., which oversees about $1.3 billion in total assets. The Fund maintains a global, flexible mandate, investing at least 80% in equity and equity-related securities across U.S. and non-U.S. markets, with the remainder in fixed income securities.

Distribution dates are set for April 30, May 30, and June 30, 2025, with corresponding ex-dates and record dates on April 17, May 19, and June 17, 2025. The final determination of distribution sources, including qualified dividend income percentage, will be made after year-end.

The Clough Global Equity Fund (GLQ) has announced its monthly distribution of $0.0650 per share paid on March 31, 2025, to shareholders of record as of March 18, 2025. This distribution includes various sources: net investment income, realized short-term and long-term capital gains, and potential return of capital.

The Fund disclosed that it has likely distributed more than its income and net realized capital gains, suggesting a portion of the distribution may represent a return of capital. This occurs when investors receive back part of their original investment and should not be confused with yield or income.

The distribution is part of the Fund's Managed Distribution Plan, overseen by the Board of Trustees who monitor distribution levels considering the Fund's net asset value (NAV) and market conditions. The Fund emphasizes that past performance does not guarantee future results, and final tax reporting details will be provided via Form 1099-DIV.

Clough Global Equity Fund (GLQ) has announced its monthly distribution of $0.0650 per share paid on February 28, 2025, to shareholders of record as of February 18, 2025. The distribution includes components from various sources, including net investment income, capital gains, and potentially return of capital.

The Fund has disclosed that it may have distributed more than its income and net realized capital gains, suggesting a portion of the distribution could be classified as return of capital. Shareholders will receive Form 1099-DIV for accurate tax reporting purposes. The Fund operates under a Managed Distribution Plan, with distribution rates subject to review and modification by the Board of Trustees based on market conditions and Fund's net asset value.

The Fund emphasizes that return of capital distributions should not be confused with 'yield' or 'income' and do not necessarily reflect the Fund's investment performance. The actual distribution composition will be determined after the fiscal year end and may vary from these estimates.

Clough Global Equity Fund (GLQ) has announced its monthly distribution of $0.0650 per share, paid on January 31, 2025, to shareholders of record as of January 17, 2025. The distribution analysis reveals that 100% of the current distribution ($0.06500) comes from return of capital or other capital sources. Similarly, the fiscal year-to-date cumulative distribution of $0.18560 is also entirely from return of capital.

The Fund's performance metrics show an annualized distribution rate of 10.12% and a cumulative distribution rate of 2.41% based on NAV. The Fund's cumulative total return on NAV for the fiscal year to date (11/01/2024 through 12/31/24) stands at -0.16%, while the average annual total return for the 5-year period ending December 31, 2024, is 2.29%.

The Fund notes that these distributions should not be confused with yield or income, as they represent estimates and may be subject to changes based on tax regulations. Shareholders will receive Form 1099-DIV for tax reporting purposes.