Welcome to our dedicated page for Clough Global Equity news (Ticker: GLQ), a resource for investors and traders seeking the latest updates and insights on Clough Global Equity stock.
Clough Global Equity Fund (GLQ) provides investors with global exposure through its research-driven strategy combining equities and fixed-income securities. This page serves as the definitive source for all official news and analysis related to the fund's activities.
Access timely updates on portfolio adjustments, distribution announcements, and strategic initiatives. Our curated collection includes earnings reports, share repurchase details, management commentary, and thematic investment developments – all essential for understanding GLQ's market position.
Key focus areas include the fund's thematic allocation shifts, capital appreciation strategies, and income distribution policies. Investors will find updates on global market positioning and risk management approaches central to GLQ's operational framework.
Bookmark this page for streamlined access to critical updates impacting your investment analysis. Check regularly for new insights into the fund's performance and strategic direction.
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.
Clough Global Equity Fund (GLQ) has announced its monthly distribution of $0.0650 per share, paid on January 31, 2025, to shareholders of record as of January 17, 2025. The distribution analysis reveals that 100% of the current distribution ($0.06500) comes from return of capital or other capital sources. Similarly, the fiscal year-to-date cumulative distribution of $0.18560 is also entirely from return of capital.
The Fund's performance metrics show an annualized distribution rate of 10.12% and a cumulative distribution rate of 2.41% based on NAV. The Fund's cumulative total return on NAV for the fiscal year to date (11/01/2024 through 12/31/24) stands at -0.16%, while the average annual total return for the 5-year period ending December 31, 2024, is 2.29%.
The Fund notes that these distributions should not be confused with yield or income, as they represent estimates and may be subject to changes based on tax regulations. Shareholders will receive Form 1099-DIV for tax reporting purposes.
Clough Global Equity Fund (GLQ) has declared monthly cash distributions of $0.0650 per share for January, February, and March 2025. The Fund's distribution policy sets monthly rates at one-twelfth of 10% of the Fund's adjusted year-end NAV, calculated as the average of the last five business days' NAVs of the prior calendar year.
The Fund, managed by Clough Capital Partners L.P., focuses on providing high total returns through a global, flexible mandate. It invests at least 80% in equity and equity-related securities across U.S. and non-U.S. markets, with the remainder in fixed income securities. As of December 31, 2024, the Fund held approximately $202.4 million in total assets. The firm manages about $1.3 billion in total assets across various investment vehicles.
Clough Global Equity Fund (GLQ) has announced its monthly distribution of $0.0603 per share paid on December 30, 2024, to shareholders of record as of December 16, 2024. The distribution analysis shows that 100% of the current distribution ($0.06030) comes from return of capital or other capital sources. The Fund's fiscal year-to-date performance metrics include an annualized distribution rate of 9.05% and a cumulative total return on NAV of 2.67%. The Fund's average annual total return on NAV for the 5-year period ending November 30, 2024, stands at 2.92%. The Fund notes that it has likely distributed more than its income and net realized capital gains, resulting in a return of capital to investors.
The Clough Global Equity Fund (GLQ) announced a monthly distribution of $0.0603 per share paid on November 29, 2024, to shareholders of record as of November 15, 2024. The distribution is categorized as 100% return of capital. The Fund's fiscal year-to-date performance shows an annualized distribution rate of 9.21% of NAV and a cumulative total return of 36.12%. The Fund's 5-year average annual total return stands at 3.08% as of October 31, 2024. The distribution is part of the Fund's Managed Distribution Plan, with the Board of Trustees monitoring distribution levels considering NAV and market conditions.
Clough Global Equity Fund (GLQ) announced its monthly distribution of $0.0603 per share on October 31, 2024, to shareholders of record as of October 18, 2024. The distribution analysis reveals that 100% of the current distribution comes from return of capital. For the fiscal year-to-date, 99.48% comes from return of capital, with 0.52% from net investment income. The Fund's performance shows an annualized distribution rate of 9.00% and a cumulative total return of 38.02% for the fiscal year to date. The Fund's 5-year average annual total return stands at 4.25% as of September 30, 2024.
The Clough Global Equity Fund (GLQ) has announced monthly cash distributions of $0.0603 per common share for October, November, and December 2024. The distribution is based on the Fund's managed distribution policy, which sets the monthly rate at one-twelfth of 10% of the Fund's adjusted year-end net asset value per share. The ex-dates and payable dates for these distributions have been specified.
As of September 30, 2024, the Fund had approximately $210.7 million in total assets. The Fund is managed by Clough Capital Partners L.P., a Boston-based investment advisory firm that manages about $1.3 billion in assets across various investment vehicles. The Fund's investment objective is to provide a high level of total return through a global, flexible mandate, investing at least 80% in equity and equity-related securities in both U.S. and non-U.S. markets.
The Clough Global Equity Fund (NYSE American:GLQ) paid a monthly distribution of $0.0603 per share on September 30, 2024. The distribution is entirely attributed to return of capital or other capital source. For the fiscal year-to-date, 99.43% of distributions have been from return of capital, with only 0.57% from net investment income.
The Fund's performance metrics include an annualized distribution rate of 9.09% and a cumulative total return on NAV of 35.48% for the fiscal year to date. The average annual total return on NAV for the 5-year period ending August 31, 2024, is 3.21%.
Shareholders are cautioned that the NAV performance may not fully represent the Fund's investment performance, and the distribution rate should not be considered as dividend yield or total return on investment. The Fund's distribution policy is subject to modification by the Board of Trustees.
The Clough Global Equity Fund (NYSE American:GLQ) paid a monthly distribution of $0.0603 per share on August 30, 2024. The distribution is entirely classified as a return of capital. For the fiscal year-to-date, 99.37% of distributions have been return of capital. The Fund's annualized distribution rate is 9.06% of NAV, with a cumulative total return on NAV of 34.78% for the fiscal year to date. The Fund's 5-year average annual total return is 2.93%. The Board of Trustees continues to monitor the Fund's distribution level, considering factors such as NAV and market conditions. Shareholders are cautioned not to draw conclusions about the Fund's investment performance from the distribution amount or policy.
The Clough Global Equity Fund (NYSE American:GLQ) paid a monthly distribution of $0.0603 per share on July 31, 2024. The entire distribution is classified as a return of capital. For the fiscal year-to-date, 99.30% of distributions have been return of capital, with 0.70% from net investment income.
Key performance metrics include:
- Annualized Distribution Rate: 8.81% of NAV
- Cumulative Distribution Rate: 6.60% of NAV
- Cumulative Total Return: 37.30% (fiscal year-to-date)
- 5-Year Average Annual Total Return: 3.47%
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