Clough Global Dividend And Income Fund Section 19(a) Notice
Clough Global Dividend and Income Fund (GLV) has announced its monthly distribution of $0.0526 per share, paid on March 31, 2025, to shareholders of record as of March 18, 2025. The distribution includes a combination of net investment income, capital gains, and potentially return of capital, though exact percentages are only estimates.
The Fund acknowledges it has likely distributed more than its income and net realized capital gains, indicating that a portion of the distribution may represent a return of capital. This means shareholders might be receiving part of their original investment back rather than pure investment returns.
The distribution is part of the Fund's Managed Distribution Plan, which is regularly monitored by the Board of Trustees considering the Fund's net asset value and market conditions. Shareholders are reminded that market price is determined by supply and demand in the open market and may differ from NAV performance.
Il Clough Global Dividend and Income Fund (GLV) ha annunciato la sua distribuzione mensile di $0.0526 per azione, che sarà pagata il 31 marzo 2025, agli azionisti registrati al 18 marzo 2025. La distribuzione include una combinazione di reddito da investimenti netti, guadagni di capitale e potenzialmente un ritorno di capitale, anche se le percentuali esatte sono solo stime.
Il Fondo riconosce di aver probabilmente distribuito più del proprio reddito e dei guadagni di capitale netti realizzati, il che indica che una parte della distribuzione potrebbe rappresentare un ritorno di capitale. Ciò significa che gli azionisti potrebbero ricevere indietro parte del loro investimento originale piuttosto che rendimenti puri da investimento.
La distribuzione fa parte del Piano di Distribuzione Gestita del Fondo, che è regolarmente monitorato dal Consiglio di Amministrazione considerando il valore degli attivi netti del Fondo e le condizioni di mercato. Si ricorda agli azionisti che il prezzo di mercato è determinato da domanda e offerta nel mercato aperto e potrebbe differire dalle performance del NAV.
El Clough Global Dividend and Income Fund (GLV) ha anunciado su distribución mensual de $0.0526 por acción, que se pagará el 31 de marzo de 2025, a los accionistas registrados al 18 de marzo de 2025. La distribución incluye una combinación de ingresos netos de inversiones, ganancias de capital y potencialmente un retorno de capital, aunque los porcentajes exactos son solo estimaciones.
El Fondo reconoce que probablemente ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que indica que una parte de la distribución puede representar un retorno de capital. Esto significa que los accionistas podrían estar recibiendo parte de su inversión original en lugar de rendimientos puramente de inversión.
La distribución es parte del Plan de Distribución Administrada del Fondo, que es monitoreado regularmente por la Junta de Fideicomisarios considerando el valor neto de los activos del Fondo y las condiciones del mercado. Se recuerda a los accionistas que el precio de mercado está determinado por la oferta y la demanda en el mercado abierto y puede diferir del rendimiento del NAV.
클라우 글로벌 배당 및 소득 펀드 (GLV)가 주당 $0.0526의 월간 배당금을 발표했습니다. 이 배당금은 2025년 3월 31일에 지급되며, 2025년 3월 18일 기준으로 주주에게 지급됩니다. 배당금은 순 투자 소득, 자본 이득 및 잠재적인 자본 반환의 조합을 포함하지만, 정확한 비율은 추정치에 불과합니다.
펀드는 아마도 자신의 소득과 실현된 자본 이득보다 더 많은 배당금을 분배했음을 인정하며, 이는 배당금의 일부가 자본 반환을 나타낼 수 있음을 의미합니다. 즉, 주주들은 순수한 투자 수익이 아닌 원래 투자금의 일부를 돌려받고 있을 수 있습니다.
이 배당금은 펀드의 관리 배당 계획의 일환으로, 펀드의 순 자산 가치와 시장 상황을 고려하여 신탁 이사회에 의해 정기적으로 모니터링됩니다. 주주들에게 시장 가격은 개방 시장에서의 수요와 공급에 의해 결정되며 NAV 성과와 다를 수 있음을 상기시킵니다.
Le Clough Global Dividend and Income Fund (GLV) a annoncé sa distribution mensuelle de 0,0526 $ par action, qui sera versée le 31 mars 2025, aux actionnaires enregistrés au 18 mars 2025. La distribution comprend une combinaison de revenus nets d'investissement, de gains en capital et potentiellement d'un retour de capital, bien que les pourcentages exacts ne soient que des estimations.
Le Fonds reconnaît avoir probablement distribué plus que ses revenus et gains en capital réalisés, ce qui indique qu'une partie de la distribution pourrait représenter un retour de capital. Cela signifie que les actionnaires pourraient recevoir une partie de leur investissement initial plutôt que des rendements purs d'investissement.
La distribution fait partie du Plan de Distribution Gérée du Fonds, qui est régulièrement surveillé par le Conseil d'Administration en tenant compte de la valeur nette d'inventaire du Fonds et des conditions de marché. Les actionnaires sont rappelés que le prix du marché est déterminé par l'offre et la demande sur le marché libre et peut différer de la performance du NAV.
Der Clough Global Dividend and Income Fund (GLV) hat seine monatliche Ausschüttung von 0,0526 $ pro Aktie bekannt gegeben, die am 31. März 2025 an die Aktionäre ausgezahlt wird, die am 18. März 2025 im Register stehen. Die Ausschüttung umfasst eine Kombination aus netto Anlageerträgen, Kapitalgewinnen und möglicherweise einer Rückzahlung von Kapital, wobei die genauen Prozentsätze nur Schätzungen sind.
Der Fonds erkennt an, dass er wahrscheinlich mehr als seine Einkünfte und realisierten Kapitalgewinne ausgeschüttet hat, was darauf hindeutet, dass ein Teil der Ausschüttung eine Rückzahlung von Kapital darstellen könnte. Das bedeutet, dass Aktionäre möglicherweise einen Teil ihrer ursprünglichen Investition zurückerhalten, anstatt reine Anlageerträge zu erhalten.
Die Ausschüttung ist Teil des verwalteten Ausschüttungsplans des Fonds, der regelmäßig vom Vorstand überwacht wird und dabei den Nettoinventarwert des Fonds und die Marktbedingungen berücksichtigt. Aktionäre wird in Erinnerung gerufen, dass der Marktpreis durch Angebot und Nachfrage auf dem offenen Markt bestimmt wird und von der NAV-Performance abweichen kann.
- Regular monthly dividend distribution maintained
- Managed Distribution Plan overseen by Board of Trustees
- Distribution may include return of capital, indicating Fund isn't generating sufficient income to cover payments
- Fund is distributing more than its income and realized capital gains
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESS Newswire / March 31, 2025 / On March 31, 2025, the Clough Global Dividend and Income Fund (NYSE American:GLV) (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: |
|
|
|
|
|
| ||
| Per Share ($) |
|
| % |
| |||
Net Investment Income |
|
| 0.01075 |
|
|
| 20.44 | % |
Net Realized Short-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Net Realized Long-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Return of Capital or other Capital Source |
|
| 0.04185 |
|
|
| 79.56 | % |
Total (per common share) |
|
| 0.05260 |
|
|
| 100.00 | % |
|
|
|
|
|
|
|
|
|
Fiscal Year-to-Date Cumulative Distributions from: |
|
|
|
|
|
|
|
|
|
| Per Share ($) |
|
| % |
| ||
Net Investment Income |
|
| 0.03490 |
|
|
| 13.27 | % |
Net Realized Short-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Net Realized Long-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Return of Capital or other Capital Source |
|
| 0.22810 |
|
|
| 86.73 | % |
Total (per common share) |
|
| 0.26300 |
|
|
| 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 (11/01/2024 through 2/28/25) |
| ||||
Annualized Distribution Rate as a Percentage of NAV^ |
|
| 10.18 | % |
|
Cumulative Distribution Rate on NAV^+ |
|
| 4.24 | % |
|
Cumulative Total Return on NAV* |
|
| -1.12 | % |
|
|
|
|
|
| |
Average Annual Total Return on NAV for the 5 Year Period Ending 2/28/25** |
|
| 0.07 | % |
|
|
|
|
|
|
|
|
|
|
|
|
|
Past performance is not indicative of future results.
^ Based on the Fund's NAV as of February 28, 2025.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through
March 31, 2025.
*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, 2024 through February 28, 2025.
**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 Dividend and Income Fund | GLV
View the original press release on ACCESS Newswire
FAQ
What is the current monthly distribution amount for Clough Global Dividend and Income Fund (GLV)?
When was the record date for GLV's March 2025 distribution?
Does GLV's current distribution include return of capital?
How will GLV shareholders receive tax information about these distributions?
