Clough Global Equity Fund Section 19(a) Notice

Rhea-AI Summary

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.

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940

DENVER, CO / ACCESS Newswire / March 31, 2025 / On March 31, 2025, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0650 per share to shareholders of record at the close of business on March 18, 2025.

The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.

Current Distribution from:
		Per Share ($)				%
Net Investment Income			0.00000				0.00	%
Net Realized Short-Term Capital Gain			0.00000				0.00	%
Net Realized Long-Term Capital Gain			0.00000				0.00	%
Return of Capital or other Capital Source			0.06500				100.00	%
Total (per common share)			0.06500				100.00	%
Fiscal Year-to-Date Cumulative Distributions from:
		Per Share ($)				%
Net Investment Income			0.00000				0.00	%
Net Realized Short-Term Capital Gain			0.00000				0.00	%
Net Realized Long-Term Capital Gain			0.00000				0.00	%
Return of Capital or other Capital Source			0.31560				100.00	%
Total (per common share)			0.31560				100.00	%

The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield' or ‘income.'

Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last business day of the month prior to distribution record date.

Fund Performance & Distribution Information

Fiscal Year to Date (11/01/2024 through 2/28/25)
Annualized Distribution Rate as a Percentage of NAV^	10.30	%
Cumulative Distribution Rate on NAV^+	4.17	%
Cumulative Total Return on NAV*	-0.08	%
Average Annual Total Return on NAV for the 5 Year Period Ending 2/28/2025**	2.58	%

Past performance is not indicative of future results.

^ Based on the Fund's NAV as of February 28, 2025.

⁺Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through
March 31, 2025.

*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, for the period November 1, 2024 through February 28, 2025.

**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, as of the last business day of the month prior to the month of the current distribution record date.

While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.

Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.

Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.

Contact Info:

Website: https://www.cloughcefs.com/
Email: cloughclientinquiries@paralel.com

SOURCE: Clough Global Equity Fund | GLQ

View the original press release on ACCESS Newswire

FAQ

What is the latest distribution amount for Clough Global Equity Fund (GLQ) in March 2025?

GLQ paid a monthly distribution of $0.0650 per share on March 31, 2025, to shareholders of record as of March 18, 2025.

How does GLQ's return of capital impact shareholders in the March 2025 distribution?

The Fund indicates it distributed more than its income and realized gains, meaning part of the distribution is return of capital - effectively returning a portion of investors' original investment.

What factors determine GLQ's distribution policy?

The Board of Trustees reviews potential distribution amounts considering the Fund's net asset value, income, capital gains, capital availability, and overall financial market environment.

When will GLQ shareholders receive their tax documentation for these distributions?

Shareholders will receive Form 1099-DIV for the calendar year detailing how to report these distributions for federal income tax purposes.

How is GLQ's distribution rate determined under their Managed Distribution Plan?

The distribution rate is determined by the Board of Trustees through monitoring the Fund's NAV, market conditions, and available income, and can be modified by the Board at any time.