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Clough Global Equity Fund Declares Monthly Cash Distributions for January, February and March 2025 of $0.0650 Per Share

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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.

Il Clough Global Equity Fund (GLQ) ha dichiarato distribuzioni mensili in contante di $0,0650 per azione per gennaio, febbraio e marzo 2025. La politica di distribuzione del Fondo stabilisce tassi mensili pari a un dodicesimo del 10% del NAV rettificato di fine anno del Fondo, calcolato come la media degli ultimi cinque giorni lavorativi di NAV dell'anno solare precedente.

Il Fondo, gestito da Clough Capital Partners L.P., si concentra sul fornire elevati rendimenti totali attraverso un mandato globale e flessibile. Investi almeno l'80% in titoli azionari e correlati all'equità nei mercati statunitensi e non, mentre il resto è investito in titoli a reddito fisso. Al 31 dicembre 2024, il Fondo deteneva circa $202,4 milioni in attivi totali. L'azienda gestisce circa $1,3 miliardi in attivi totali attraverso vari veicoli d'investimento.

El Clough Global Equity Fund (GLQ) ha declarado distribuciones de efectivo mensuales de $0.0650 por acción para enero, febrero y marzo de 2025. La política de distribución del Fondo establece tasas mensuales que son un doceavo del 10% del NAV ajustado a fin de año del Fondo, calculado como el promedio de los últimos cinco días hábiles de NAV del año calendario anterior.

El Fondo, gestionado por Clough Capital Partners L.P., se enfoca en proporcionar altos retornos totales a través de un mandato global y flexible. Invierte al menos el 80% en valores de capital y relacionados con capital en los mercados de EE. UU. y no EE. UU., con el resto en valores de renta fija. Al 31 de diciembre de 2024, el Fondo tenía aproximadamente $202.4 millones en activos totales. La firma gestiona alrededor de $1.3 mil millones en activos totales a través de varios vehículos de inversión.

클로프 글로벌 주식 펀드 (GLQ)는 2025년 1월, 2월, 3월에 대해 주당 $0.0650의 월별 현금 배당금을 선언했습니다. 펀드의 배당 정책은 펀드 조정 연말 NAV의 10%를 12로 나눈 금액을 월별 비율로 설정하며, 이는 전년도 5개 영업일 평균 NAV로 계산됩니다.

클로프 캐피탈 파트너스 L.P.가 관리하는 이 펀드는 글로벌하고 유연한 임무를 통해 높은 총 수익을 제공하는 데 집중합니다. 미국 및 비 미국 시장의 주식 및 주식 관련 증권에 최소 80%를 투자하며, 나머지는 고정 수익 증권에 투자합니다. 2024년 12월 31일 기준으로 이 펀드는 약 $202.4 백만의 총 자산을 보유하고 있었습니다. 이 회사는 다양한 투자 수단을 통해 약 $13억 달러의 총 자산을 관리합니다.

Le Clough Global Equity Fund (GLQ) a déclaré des distributions de trésorerie mensuelles de 0,0650 $ par action pour janvier, février et mars 2025. La politique de distribution du Fonds fixe les taux mensuels à un douzième de 10 % du NAV ajusté de fin d'année du Fonds, calculé comme la moyenne des NAV des cinq derniers jours ouvrables de l'année civile précédente.

Le Fonds, géré par Clough Capital Partners L.P., se concentre sur l'offre de rendements totaux élevés à travers un mandat mondial et flexible. Il investit au moins 80 % dans des titres de participation et des titres liés aux actions sur les marchés américains et non américains, le reste étant investi dans des titres à revenu fixe. Au 31 décembre 2024, le Fonds détenait environ 202,4 millions $ d'actifs totaux. La société gère environ 1,3 milliard de dollars d'actifs totaux à travers divers véhicules d'investissement.

Der Clough Global Equity Fund (GLQ) hat monatliche Barausschüttungen von $0,0650 pro Aktie für Januar, Februar und März 2025 angekündigt. Die Ausschüttungspolitik des Fonds legt monatliche Sätze fest, die ein Zwölftel von 10% des angepassten NAV am Jahresende des Fonds entsprechen, berechnet als Durchschnitt der letzten fünf Geschäftstage NAV des vorherigen Kalenderjahres.

Der Fonds, verwaltet von Clough Capital Partners L.P., konzentriert sich darauf, hohe Gesamterträge durch ein globales, flexibles Mandat bereitzustellen. Er investiert mindestens 80% in Aktien und aktienverwandte Wertpapiere in den US-amerikanischen und nicht-US-amerikanischen Märkten, während der Rest in festverzinsliche Wertpapiere investiert wird. Zum 31. Dezember 2024 hielt der Fonds etwa $202,4 Millionen an Gesamten Vermögenswerten. Die Firma verwaltet insgesamt etwa 1,3 Milliarden Dollar in verschiedenen Anlagevehikeln.

Positive
  • Consistent monthly distribution of $0.0650 per share maintained
  • Substantial total assets of $202.4 million as of December 31, 2024
  • Diversified global investment mandate with flexible allocation strategy
Negative
  • Distributions may include return of capital, not just net income
  • Final source of distributions and qualified dividend percentage uncertain until year-end

Insights

The monthly distribution declaration of $0.0650 per share for GLQ represents a significant income stream for investors, maintaining its commitment to distribute at least 10% of adjusted year-end NAV. With total assets of $202.4 million as of December 2024, this distribution policy provides predictable income while allowing flexibility in portfolio management. The fund's global mandate and ability to invest across equity and fixed income markets positions it well for diverse opportunities. However, investors should note that distributions may include return of capital, which could affect the fund's long-term sustainability. The current market cap of $128.6 million trading at a discount to total assets suggests potential value opportunity but also reflects market skepticism about closed-end fund valuations in the current environment. The fund's size relative to Clough Capital's total AUM of $1.3 billion indicates it's a significant portion of their business, which should ensure continued attention and resources.

The distribution policy's mechanics merit careful analysis. Setting monthly payments at one-twelfth of 10% of adjusted year-end NAV creates a structured approach to income generation, but also puts pressure on the portfolio managers to generate sufficient returns to sustain these payments. The global, flexible mandate allowing for both equity and fixed income investments across U.S. and non-U.S. markets provides valuable tools for alpha generation. However, the $0.0650 monthly distribution needs to be evaluated against the fund's ability to generate real returns, especially considering potential return of capital components. The fund's position within Clough Capital's suite of products, representing a substantial portion of their $1.3 billion AUM, suggests strong institutional support but also concentration risk for the management company.

DENVER, CO / ACCESSWIRE / January 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: January 17, 2025
Record Date: January 17, 2025
Payable Date: January 31, 2025

Ex-Date: February 18, 2025
Record Date: February 18, 2025
Payable Date: February 28, 2025

Ex-Date: March 18, 2025
Record Date: March 18, 2025
Payable Date: March 31, 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 December 31, 2024, the Fund had approximately $202.4 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: $536 million in hedge fund and institutional accounts, $59 million in exchange-traded funds, and $660 million in three closed-end funds (as of November 30, 2024) - 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 accesswire.com

FAQ

What is the monthly distribution amount for GLQ in Q1 2025?

Clough Global Equity Fund (GLQ) declared a monthly cash distribution of $0.0650 per share for January, February, and March 2025.

What are the payment dates for GLQ's Q1 2025 distributions?

The payment dates are January 31, 2025, February 28, 2025, and March 31, 2025.

How does GLQ determine its monthly distribution rate?

GLQ sets the monthly distribution rate 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.

What was GLQ's total asset value as of December 31, 2024?

As of December 31, 2024, GLQ had approximately $202.4 million in total assets.

What is GLQ's investment allocation strategy?

GLQ 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 including corporate and sovereign debt.

Clough Global Equity Fund

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