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 February 28, 2025, to shareholders of record as of February 18, 2025. The distribution includes a combination of net investment income, capital gains, and potentially return of capital.
The Fund has indicated that it has distributed more than its income and net realized capital gains, suggesting that a portion of the distribution may represent a return of capital. This means some investors may receive part of their original investment back as a distribution. The Fund emphasizes that these distribution sources are estimates and final tax reporting details will be provided via Form 1099-DIV.
Il Clough Global Dividend and Income Fund (GLV) ha annunciato la sua distribuzione mensile di $0,0526 per azione, che sarà pagata il 28 febbraio 2025, agli azionisti registrati al 18 febbraio 2025. La distribuzione include una combinazione di reddito netto da investimenti, guadagni in conto capitale e potenzialmente un rimborso di capitale.
Il Fondo ha indicato che ha distribuito più del suo reddito e dei guadagni in conto capitale netti realizzati, suggerendo che una parte della distribuzione potrebbe rappresentare un rimborso di capitale. Ciò significa che alcuni investitori potrebbero ricevere una parte del loro investimento originale come distribuzione. Il Fondo sottolinea che queste fonti di distribuzione sono stime e i dettagli finali per la dichiarazione fiscale saranno forniti tramite il Modulo 1099-DIV.
El Clough Global Dividend and Income Fund (GLV) ha anunciado su distribución mensual de $0.0526 por acción, que se pagará el 28 de febrero de 2025, a los accionistas registrados hasta el 18 de febrero de 2025. La distribución incluye una combinación de ingresos netos de inversiones, ganancias de capital y potencialmente un retorno de capital.
El Fondo ha indicado que ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que sugiere que una parte de la distribución puede representar un retorno de capital. Esto significa que algunos inversores pueden recibir parte de su inversión original como distribución. El Fondo enfatiza que estas fuentes de distribución son estimaciones y los detalles finales de la declaración fiscal se proporcionarán a través del Formulario 1099-DIV.
클로우 글로벌 배당 및 소득 펀드 (GLV)가 주당 $0.0526의 월 배당금을 발표했습니다. 이 배당금은 2025년 2월 28일에 지급되며, 2025년 2월 18일 기준 주주에게 지급됩니다. 배당금은 순 투자 소득, 자본 이득 및 잠재적인 자본 반환의 조합을 포함합니다.
펀드는 자신의 소득과 실현된 순 자본 이득보다 더 많은 금액을 배당했다고 밝혔으며, 이는 배당금의 일부가 자본 반환을 나타낼 수 있음을 시사합니다. 이는 일부 투자자가 배당금으로 원래 투자금의 일부를 받을 수 있음을 의미합니다. 펀드는 이러한 배당금 출처가 추정치이며 최종 세금 보고 세부사항이 1099-DIV 양식을 통해 제공될 것임을 강조합니다.
Le Clough Global Dividend and Income Fund (GLV) a annoncé sa distribution mensuelle de 0,0526 $ par action, qui sera versée le 28 février 2025, aux actionnaires inscrits au 18 février 2025. La distribution comprend une combinaison de revenus nets d'investissement, de plus-values et potentiellement d'un remboursement de capital.
Le Fonds a indiqué qu'il avait distribué plus que ses revenus et ses plus-values nettes réalisées, ce qui suggère qu'une partie de la distribution pourrait représenter un remboursement de capital. Cela signifie que certains investisseurs pourraient recevoir une partie de leur investissement initial sous forme de distribution. Le Fonds souligne que ces sources de distribution sont des estimations et que les détails finaux pour la déclaration fiscale seront fournis via le formulaire 1099-DIV.
Der Clough Global Dividend and Income Fund (GLV) hat seine monatliche Ausschüttung von 0,0526 $ pro Aktie bekannt gegeben, die am 28. Februar 2025 an die Aktionäre ausgezahlt wird, die am 18. Februar 2025 im Aktienregister stehen. Die Ausschüttung umfasst eine Kombination aus Nettoanlageerträgen, Kapitalgewinnen und möglicherweise einer Rückzahlung von Kapital.
Der Fonds hat angegeben, dass er mehr ausgezahlt hat, als er an Einkommen und realisierten Netto-Kapitalgewinnen erzielt hat, was darauf hindeutet, dass ein Teil der Ausschüttung eine Rückzahlung von Kapital darstellen könnte. Dies bedeutet, dass einige Anleger einen Teil ihrer ursprünglichen Investition als Ausschüttung zurückerhalten könnten. Der Fonds betont, dass diese Quellen der Ausschüttung Schätzungen sind und die endgültigen steuerlichen Berichtsdetails über das Formular 1099-DIV bereitgestellt werden.
- Monthly dividend distribution maintained at $0.0526 per share
- Fund is distributing more than its earned income and realized gains
- Return of capital indicates potential unsustainable distribution rate
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESS Newswire / February 28, 2025 / On February 28, 2025, the Clough Global Dividend and Income Fund (NYSE American:GLV) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00657 |
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| 12.49 | % |
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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| 0.04603 |
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| 87.51 | % |
Total (per common share) |
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| 0.05260 |
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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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| 0.02415 |
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| 11.48 | % |
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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| 0.18625 |
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| 88.52 | % |
Total (per common share) |
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| 0.21040 |
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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 (11/01/2024 through 1/31/25) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 10.28 | % |
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Cumulative Distribution Rate on NAV^+ |
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| 3.43 | % |
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Cumulative Total Return on NAV* |
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| -2.99 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 1/31/25** |
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| -0.95 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of January 31, 2025.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through February 28, 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 January 31, 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 February 2025 distribution?
Why does GLV's distribution include a return of capital component?
How will GLV shareholders receive tax information about these distributions?
