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Clough Global Equity Fund - GLQ STOCK NEWS

Welcome to our dedicated news page for Clough Global Equity Fund (Ticker: GLQ), a resource for investors and traders seeking the latest updates and insights on Clough Global Equity Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clough Global Equity Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clough Global Equity Fund's position in the market.

News
Clough Global Equity Fund Declares Monthly Cash Distributions For April, May And June 2024 Of $0.0603 Per Share
Rhea-AI Summary
The Clough Global Equity Fund (GLQ) declares a monthly cash distribution of $0.0603 per common share, following a managed distribution policy based on the Fund's adjusted year-end net asset value. The distribution dates are set for April 30, May 31, and June 28, 2024, with potential sources of distribution including capital gains and return of capital. The Fund, managed by Clough Capital Partners L.P., aims to provide a high level of total return through investments in equity, equity-related securities, and fixed income securities globally, with total assets of approximately $200.9 million as of March 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
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News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
Clough Global Equity Fund (GLQ) announces a monthly distribution of $0.0603 per share, with 100% sourced from return of capital. Fiscal year-to-date distributions show 98.74% sourced from return of capital. The Fund warns that distributions may exceed income and realized gains. Performance data reveals a 9.56% annualized distribution rate, 3.97% cumulative distribution rate on NAV, and a 22.07% cumulative total return on NAV for the fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
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News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
Clough Global Equity Fund (GLQ) announces a monthly distribution of $0.0603 per share, with 100% attributed to return of capital. The Fund's fiscal year-to-date cumulative distribution shows 98.43% return of capital. The Fund cautions that distributions may exceed income and capital gains. The NAV performance indicates a 15.50% cumulative total return for the fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
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none
News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
On January 31, 2024, the Clough Global Equity Fund (NYSE American:GLQ) paid a monthly distribution of $0.0603 per share to shareholders. The distribution was estimated to be 100% return of capital or other capital source. The fund has distributed more than its income and net realized capital gains. The fiscal year-to-date cumulative distribution amount per share was 0.18010. The fund's NAV performance indicated a 14.54% cumulative total return on NAV for the period November 1, 2023 through December 31, 2023. However, the NAV performance does not measure the value of a shareholder's investment in the Fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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News
Clough Global Equity Fund Declares Monthly Cash Distributions For January, February, and March 2024 of $0.0603 Per Share
Rhea-AI Summary
Clough Global Equity Fund (GLQ) has declared a monthly cash distribution of $0.0603 per common share, with an investment objective of providing a high level of total return. The Fund's portfolio managers are Chuck Clough and Bill Whelan, and it had approximately $190.8 million in total assets as of December 29, 2023. Clough Capital Partners L.P. manages approximately $1.2 billion in assets, including three closed-end funds - Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
Clough Global Equity Fund (NYSE: GLQ) paid a monthly distribution of $0.0599 per share to shareholders on December 29, 2023. The distribution included 6.14% net investment income, 0% net realized short-term capital gain, 0% net realized long-term capital gain, and 93.86% return of capital. The Fund estimates that it has distributed more than its income and net realized capital gains, indicating a potential return of capital to shareholders. The fiscal year-to-date cumulative distribution amounts to $0.1198 per share, with 3.16% net investment income, 0% net realized short-term capital gain, 0% net realized long-term capital gain, and 96.84% return of capital. The Fund's NAV performance shows a 10.27% annualized distribution rate as a percentage of NAV, a 1.71% cumulative distribution rate on NAV, and a 9.63% cumulative total return on NAV for the fiscal year to date. The 5-year average annual total return on NAV is 0.35%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
Clough Global Equity Fund (NYSE American: GLQ) paid a monthly distribution of $0.0599 per share to shareholders of record on November 17, 2023. The distribution sources were 0.17% net investment income, 0.93% cumulative distribution rate on NAV, and a -4.78% cumulative total return on NAV. The Fund estimates that it has distributed more than its income and net realized capital gains, indicating a return of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
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News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
The Clough Global Equity Fund (NYSE American:GLQ) has paid a monthly distribution of $0.0599 per share to shareholders of record. The distribution is comprised of a return of capital or other capital source. The fiscal year-to-date cumulative distribution amount per share is $0.8314. The Fund estimates that it has distributed more than its income and net realized capital gains, indicating a return of capital. The Fund's NAV performance shows an annualized distribution rate of 10.68% and a cumulative distribution rate on NAV of 12.35%. The cumulative total return on NAV for the fiscal year-to-date period is -1.74%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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News
Clough Global Equity Fund Declares Monthly Cash Distributions for October, November, and December 2023 of $0.0599 Per Share
Rhea-AI Summary
The Clough Global Equity Fund has declared a monthly cash distribution of $0.0599 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
News
Clough Global Equity Fund Section 19(a) Notice
Rhea-AI Summary
Clough Global Equity Fund (GLQ) paid a monthly distribution of $0.0599 per share to shareholders. The distribution consisted of 100% return of capital or other capital source. Fiscal year-to-date cumulative distribution was $0.7715 per share, also 100% return of capital or other capital source. Annualized distribution rate as a percentage of NAV was 9.94%. Cumulative distribution rate on NAV was 10.67%. Cumulative total return on NAV was 4.42%. Average annual total return on NAV for the 5-year period ending 8/31/2023 was -2.25%. Past performance is not indicative of future results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
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none
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Clough Global Equity Fund

NYSE:GLQ

GLQ Rankings

#4140 Ranked by Market Cap
#3746 Ranked by Stock Gains
#116 Ranked by Dividends

GLQ Stock Data

121.14M
0.07%
34.73%
0.07%
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