Clough Global Equity Fund Section 19(a) Notice

Rhea-AI Summary

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.

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

DENVER, CO / ACCESS Newswire / February 28, 2025 / On February 28, 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 February 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			0.25060				100.00	%
Total (per common share)			0.25060				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 1/31/25)
Annualized Distribution Rate as a Percentage of NAV^	9.92	%
Cumulative Distribution Rate on NAV^+	3.19	%
Cumulative Total Return on NAV*	2.75	%
Average Annual Total Return on NAV for the 5 Year Period Ending 1/31/2025**	2.51	%

Past performance is not indicative of future results.

^ Based on the Fund's NAV as of January 31, 2025.

⁺Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through
February 28, 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 January 31, 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 February 2025?

GLQ paid a monthly distribution of $0.0650 per share on February 28, 2025, to shareholders of record as of February 18, 2025.

How does GLQ's return of capital impact shareholders?

A return of capital means shareholders receive back a portion of their original investment, which doesn't reflect fund performance and shouldn't be confused with yield or income.

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.

What factors determine GLQ's distribution policy?

The Board of Trustees monitors the Fund's distribution level considering net asset value, financial market environment, and available income, capital gains, or capital, with the policy subject to modification.

How are GLQ's distribution sources estimated?

The Fund estimates distributions from net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital, though final amounts may vary based on fiscal year performance.