Welcome to our dedicated page for Clough Global Equity Fund news (Ticker: GLQ), a resource for investors and traders seeking the latest updates and insights on Clough Global Equity Fund stock.
Clough Global Equity Fund reports closed-end fund developments centered on monthly cash distributions, NAV-based managed distribution policy updates, and capital actions affecting its common shares. The fund uses Clough Capital Partners L.P.'s research-driven, thematic process and has a global flexible mandate focused primarily on equity and equity-related securities in U.S. and non-U.S. markets, with remaining assets in fixed income securities including corporate and sovereign debt.
Recurring GLQ news also covers Board actions such as share repurchase program renewals, completed rights offerings, dividend reinvestment plan references, and market update communications for the Clough closed-end fund complex.
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The Clough Global Equity Fund (GLQ) announced a monthly cash distribution of $0.1104 per share for October, November, and December 2020. This distribution aligns with the Fund's managed policy, set at one-twelfth of 10% of the adjusted year-ending net asset value (NAV). The distribution dates are as follows: Ex-Dates on October 19, November 19, and December 18, with corresponding Record and Payable Dates. As of September 30, 2020, the Fund's total assets were approximately $291.9 million. Note that a portion of the distribution may derive from varied sources beyond net income.
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