Clough Global Equity Fund Section 19(A) Notice
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.
Il Clough Global Equity Fund (NYSE American:GLQ) ha distribuito un pagamento mensile di $0.0603 per azione il 30 agosto 2024. La distribuzione è interamente classificata come un rimborso di capitale. Fino ad oggi, il 99,37% delle distribuzioni è stato un rimborso di capitale. Il tasso di distribuzione annualizzato del fondo è del 9,06% rispetto al NAV, con un ritorno totale cumulativo sul NAV del 34,78% per l'anno fiscale in corso. Il ritorno totale annuale medio a 5 anni del fondo è del 2,93%. Il Consiglio di Amministrazione continua a monitorare il livello di distribuzione del fondo, considerando fattori come NAV e condizioni di mercato. Gli azionisti sono avvisati di non trarre conclusioni sulle performance d'investimento del fondo dalla quantità o dalla politica di distribuzione.
El Clough Global Equity Fund (NYSE American:GLQ) realizó una distribución mensual de $0.0603 por acción el 30 de agosto de 2024. La distribución se clasifica completamente como un reembolso de capital. Hasta la fecha, el 99.37% de las distribuciones han sido reembolsos de capital. El tasa de distribución anualizada del fondo es del 9.06% del NAV, con un retorno total acumulado sobre el NAV del 34.78% para el año fiscal hasta la fecha. El retorno total anual promedio a 5 años del fondo es del 2.93%. La Junta de Fideicomisarios continúa monitoreando el nivel de distribución del fondo, considerando factores como el NAV y las condiciones del mercado. Se aconseja a los accionistas no sacar conclusiones sobre el rendimiento de la inversión del fondo a partir de la cantidad o política de distribución.
클로우 글로벌 주식 펀드 (NYSE American:GLQ)는 2024년 8월 30일에 $0.0603 주당 월 배당금을 지급했습니다. 이 배당금은 전적으로 자본 환급으로 분류됩니다. 현재까지 99.37%의 배당금이 자본 환급으로 이루어졌습니다. 펀드의 연환산 배당률은 NAV의 9.06%이며, NAV에 대한 누적 총 수익률은 34.78%입니다. 펀드의 5년 평균 연간 총 수익률은 2.93%입니다. 신탁위원회는 NAV 및 시장 조건과 같은 요소를 고려하여 펀드의 배당 수준을 지속적으로 모니터링하고 있습니다. 주주들은 배당금의 양이나 정책으로 펀드의 투자 성과에 대한 결론을 내리지 않도록 주의해야 합니다.
Le Clough Global Equity Fund (NYSE American:GLQ) a versé une distribution mensuelle de $0.0603 par action le 30 août 2024. La distribution est entièrement classée comme un remboursement de capital. Pour l'année fiscale en cours, 99,37% des distributions ont été des remboursements de capital. Le taux de distribution annualisé du fonds est de 9,06% de la NAV, avec un rendement total cumulé sur la NAV de 34,78% pour l'année fiscale actuelle. Le rendement total annuel moyen sur 5 ans du fonds est de 2,93%. Le Conseil d'Administration continue de surveiller le niveau de distribution du fonds, tenant compte de facteurs tels que la NAV et les conditions du marché. Les actionnaires sont avisés de ne pas tirer de conclusions sur la performance d'investissement du fonds à partir du montant ou de la politique de distribution.
Der Clough Global Equity Fund (NYSE American:GLQ) zahlte am 30. August 2024 eine monatliche Ausschüttung von $0.0603 pro Aktie. Die Ausschüttung wird vollständig als Kapitalrückzahlung klassifiziert. Bis heute entfallen 99,37% der Ausschüttungen auf Kapitalrückzahlungen. Die annualisierte Ausschüttungsrate des Fonds beträgt 9,06% des NAV, mit einer kumulierten Gesamtrendite auf den NAV von 34,78% für das bis heute laufende Geschäftsjahr. Die 5-Jahres-Durchschnitts-Jahresrendite des Fonds beträgt 2,93%. Der Vorstand überwacht weiterhin den Ausschüttungsniveau des Fonds und berücksichtigt dabei Faktoren wie NAV und Marktbedingungen. Die Aktionäre werden gewarnt, keine Rückschlüsse auf die Investmentperformance des Fonds aus der Höhe der Ausschüttung oder der Ausschüttungspolitik zu ziehen.
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DENVER, CO / ACCESSWIRE / August 30, 2024 / On August 30, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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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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| 0.63 | % |
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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| 0.59842 |
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| 99.37 | % |
Total (per common share) |
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| 0.60220 |
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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 7/31/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.06 | % |
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Cumulative Distribution Rate on NAV^+ |
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| 7.54 | % |
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Cumulative Total Return on NAV* |
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| 34.78 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 7/31/2024** |
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| 2.93 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of July 31, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
August 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 July 31, 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
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FAQ
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