Clough Global Equity Fund Declares Monthly Cash Distributions for April, May and June 2025 of $0.0650 Per Share

Rhea-AI Summary

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.

Positive

• Consistent monthly dividend payments of $0.0650 per share
• Substantial assets under management of $208.1 million
• Part of larger asset management firm with $1.3 billion total AUM
• Diversified global investment mandate with flexible allocation strategy

Negative

• Distribution may include return of capital, not just income
• Closed-end fund structure may lead to shares trading at discount/premium to NAV

DENVER, CO / ACCESS Newswire / April 7, 2025 / Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.0650 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to at least one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.

The following dates apply to the distributions declared:

Ex-Date: April 17, 2025
Record Date: April 17, 2025
Payable Date: April 30, 2025

Ex-Date: May 19, 2025
Record Date: May 19, 2025
Payable Date: May 30, 2025

Ex-Date: June 17, 2025
Record Date: June 17, 2025
Payable Date: June 30, 2025

A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end.

The Clough Global Equity Fund

The Fund is a closed-end fund utilizing Clough Capital Partners L.P.'s research-driven, thematic process, with an investment objective of providing a high level of total return. Having a global, flexible mandate, the Fund will invest at least 80% in equity and equity-related securities in both U.S. and non-U.S. markets, and the remainder in fixed income securities, including corporate and sovereign debt, in both U.S. and non-U.S. markets. The Fund's portfolio managers are Chuck Clough and Bill Whelan. As of March 31, 2025, the Fund had approximately $208.1 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughcefs.com or call 1-855-425-6844.

Clough Capital Partners L.P.*

Clough Capital Partners L.P. is a Boston-based investment advisory firm which manages approximately $1.3 billion in assets: $505 million in hedge fund and institutional accounts, $64 million in exchange-traded funds, and $693 million in three closed-end funds (as of March 31, 2025) - Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughcefs.com or call 1-855-425-6844. Read the prospectus carefully before investing.

The Clough Global Equity Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.

Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.

*These are preliminary estimates and are not reflective of finalized calculations.

SOURCE: Clough Global Equity Fund | GLQ

View the original press release on ACCESS Newswire

FAQ

What is the monthly distribution amount for GLQ Fund in Q2 2025?

GLQ Fund will distribute $0.0650 per share monthly for April, May, and June 2025.

When are the payment dates for GLQ's Q2 2025 distributions?

The payment dates are April 30, May 30, and June 30, 2025.

What is GLQ Fund's total asset value as of March 31, 2025?

The Fund had approximately $208.1 million in total assets as of March 31, 2025.

What is GLQ's investment allocation strategy?

GLQ invests at least 80% in global equity and equity-related securities, with the remainder in fixed income securities.

How does GLQ determine its monthly distribution rate?

GLQ sets the monthly distribution at one-twelfth of 10% of the Fund's adjusted year-end net asset value per share.