Clough Global Equity Fund Section 19(a) Notice
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.
Il Clough Global Equity Fund (GLQ) ha annunciato una distribuzione mensile di $0.0603 per azione che sarà pagata il 29 novembre 2024 agli azionisti registrati al 15 novembre 2024. La distribuzione è classificata come un rimborso di capitale al 100%. La performance dell'anno fiscale del Fondo fino ad oggi mostra un tasso di distribuzione annualizzato del 9,21% del NAV e un rendimento totale cumulativo del 36,12%. Il rendimento totale medio annuale del Fondo negli ultimi 5 anni è del 3,08% al 31 ottobre 2024. La distribuzione fa parte del Piano di Distribuzione Gestita del Fondo, con il Consiglio di Amministrazione che monitora i livelli di distribuzione considerando il NAV e le condizioni di mercato.
El Clough Global Equity Fund (GLQ) anunció una distribución mensual de $0.0603 por acción que se pagará el 29 de noviembre de 2024 a los accionistas registrados al 15 de noviembre de 2024. La distribución se clasifica como un 100% de retorno de capital. El rendimiento acumulado del Fondo hasta la fecha en el año fiscal muestra una tasa de distribución anualizada del 9.21% sobre el NAV y un rendimiento total acumulado del 36.12%. El rendimiento total promedio anual del Fondo en los últimos 5 años es del 3.08% hasta el 31 de octubre de 2024. La distribución es parte del Plan de Distribución Administrada del Fondo, con la Junta de Fideicomisarios supervisando los niveles de distribución considerando el NAV y las condiciones del mercado.
클라우 글로벌 주식 펀드 (GLQ)가 2024년 11월 29일에 2024년 11월 15일 기준으로 주주에게 지급되는 주당 $0.0603의 월 배당금을 발표했습니다. 이 배당금은 100% 자본 환급으로 분류됩니다. 올해 회계연도까지 펀드의 성과는 NAV의 연환산 배당률이 9.21%이고 누적 총 수익률이 36.12%임을 보여줍니다. 2024년 10월 31일 기준으로 펀드의 5년 평균 연간 총 수익률은 3.08%입니다. 이 배당금은 펀드의 관리 배당 계획의 일환으로, 이사회가 NAV와 시장 상황을 고려하여 배당 수준을 모니터링합니다.
Le Clough Global Equity Fund (GLQ) a annoncé une distribution mensuelle de $0.0603 par action qui sera versée le 29 novembre 2024 aux actionnaires inscrits au 15 novembre 2024. La distribution est classée comme un remboursement de capital à 100%. La performance du fonds depuis le début de l'exercice fiscal montre un taux de distribution annualisé de 9,21% de la valeur nette d'inventaire (VNI) et un retour total cumulé de 36,12%. Le retour total moyen sur 5 ans du fonds est de 3,08% au 31 octobre 2024. La distribution fait partie du Plan de Distribution Gérée du fonds, le conseil d'administration surveillant les niveaux de distribution en tenant compte de la VNI et des conditions du marché.
Der Clough Global Equity Fund (GLQ) hat eine monatliche Ausschüttung von $0.0603 pro Aktie angekündigt, die am 29. November 2024 an die am 15. November 2024 eingetragenen Aktionäre ausgezahlt wird. Die Ausschüttung wird als 100% Rückzahlung des Kapitals klassifiziert. Die bisherige Performance des Fonds im laufenden Geschäftsjahr zeigt eine annualisierte Ausschüttungsquote von 9,21% des NAV und eine kumulierte Gesamtrendite von 36,12%. Die durchschnittliche jährliche Gesamtrendite des Fonds über die letzten 5 Jahre beträgt bis zum 31. Oktober 2024 3,08%. Die Ausschüttung ist Teil des verwalteten Ausschüttungsplans des Fonds, wobei der Vorstand die Ausschüttungsniveaus unter Berücksichtigung des NAV und der Marktbedingungen überwacht.
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DENVER, CO / ACCESSWIRE / November 29, 2024 / On November 29, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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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 | % |
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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| 0.00000 |
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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 | % |
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 10/31/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.21 | % |
Cumulative Distribution Rate on NAV^+ |
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| 0.77 | % |
Cumulative Total Return on NAV* |
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| 36.12 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 10/31/2024** |
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| 3.08 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of October 31, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through
November 30, 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 October 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 | GLQ
View the original press release on accesswire.com
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