Clough Global Equity Fund Section 19(a) Notice
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.
Clough Global Equity Fund (GLQ) ha annunciato la sua distribuzione mensile di $0.0603 per azione il 31 ottobre 2024, a favore degli azionisti registrati al 18 ottobre 2024. L'analisi della distribuzione rivela che il 100% della distribuzione attuale proviene da un ritorno di capitale. Fino ad oggi per l'anno fiscale, il 99,48% proviene da ritorno di capitale, con il 0,52% da entrate nette da investimenti. Le performance del Fondo mostrano un tasso di distribuzione annualizzato del 9.00% e un ritorno totale cumulativo del 38.02% fino ad oggi per l'anno fiscale. Il ritorno totale medio annuale del Fondo negli ultimi 5 anni si attesta al 4.25% al 30 settembre 2024.
Clough Global Equity Fund (GLQ) anunció su distribución mensual de $0.0603 por acción el 31 de octubre de 2024, a los accionistas registrados hasta el 18 de octubre de 2024. El análisis de la distribución revela que el 100% de la distribución actual proviene de un retorno de capital. Hasta la fecha en el año fiscal, el 99.48% proviene de retorno de capital, con un 0.52% de ingresos netos de inversión. El desempeño del Fondo muestra un tasa de distribución anualizada del 9.00% y un retorno total acumulado del 38.02% hasta la fecha en el año fiscal. El retorno total anual promedio del Fondo en los últimos 5 años es del 4.25% al 30 de septiembre de 2024.
Clough Global Equity Fund (GLQ)는 2024년 10월 31일 기준으로 2024년 10월 18일까지 등록된 주주에게 주당 $0.0603의 월별 배당금을 발표했습니다. 배당금 분석 결과, 현재 배당금의 100%가 자본 회수에서 발생하는 것으로 나타났습니다. 회계 연도 누계로는 99.48%가 자본 회수에서 나오며, 0.52%는 순 투자 소득에서 발생합니다. 펀드의 성과는 연간 배당률이 9.00%이고, 올해 회계 연도 누계 총 수익률이 38.02%임을 보여줍니다. 펀드의 5년 평균 연간 총 수익률은 2024년 9월 30일 기준으로 4.25%입니다.
Clough Global Equity Fund (GLQ) a annoncé sa distribution mensuelle de $0.0603 par action le 31 octobre 2024, aux actionnaires enregistrés au 18 octobre 2024. L'analyse de la distribution révèle que 100% de la distribution actuelle provient d'un retour de capital. Pour l'année fiscale en cours, 99,48% provient du retour de capital, avec 0,52% provenant des revenus nets d'investissement. La performance du fonds montre un taux de distribution annualisé de 9,00% et un rendement total cumulé de 38,02% pour l'année fiscale en cours. Le rendement total annuel moyen du fonds sur 5 ans s'élève à 4,25% au 30 septembre 2024.
Clough Global Equity Fund (GLQ) hat seine monatliche Ausschüttung von $0.0603 pro Aktie am 31. Oktober 2024 bekannt gegeben, an Aktionäre, die bis zum 18. Oktober 2024 registriert sind. Die Analyse der Ausschüttung zeigt, dass 100% der aktuellen Ausschüttung aus Kapitalrückflüssen stammt. Für das bis heute laufende Geschäftsjahr stammen 99,48% aus Kapitalrückflüssen, und 0,52% aus Nettoanlageerträgen. Die Performance des Fonds zeigt einen annualisierten Ausschüttungszins von 9,00% und eine kumulative Gesamtrendite von 38,02% für das bis heute laufende Geschäftsjahr. Die durchschnittliche jährliche Gesamtrendite des Fonds über die letzten 5 Jahre beträgt zum 30. September 2024 4,25%.
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Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00000 |
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| 0.00 | % |
Net Realized Short-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Net Realized Long-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Return of Capital or other Capital Source |
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| 0.06030 |
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| 100.00 | % |
Total (per common share) |
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| 0.06030 |
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| 100.00 | % |
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Fiscal Year-to-Date Cumulative Distributions from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00378 |
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| 0.52 | % |
Net Realized Short-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Net Realized Long-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Return of Capital or other Capital Source |
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| 0.71902 |
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| 99.48 | % |
Total (per common share) |
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| 0.72280 |
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| 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 (11/01/2023 through 9/30/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.00 | % |
Cumulative Distribution Rate on NAV^+ |
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| 8.99 | % |
Cumulative Total Return on NAV* |
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| 38.02 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 9/30/2024** |
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| 4.25 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of September 30, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
October 31, 2024.
*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, 2023 through September 30, 2024.
**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 accesswire.com
FAQ
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