Clough Global Dividend And Income Fund Section 19(a) Notice
The Clough Global Dividend and Income Fund (NYSE American:GLV) paid a monthly distribution of $0.0526 per share on July 31, 2024. The distribution sources were: 12.02% from net investment income and 87.98% from return of capital. For the fiscal year-to-date, the cumulative distribution rate is 7.21% of NAV. The Fund's performance shows a cumulative total return on NAV of 24.29% for the fiscal year-to-date and an average annual total return of 1.08% for the 5-year period ending June 30, 2024. The Fund's annualized distribution rate is 9.34% of NAV. Shareholders are cautioned not to draw conclusions about the Fund's investment performance from the distribution amount.
Il Clough Global Dividend and Income Fund (NYSE American:GLV) ha effettuato una distribuzione mensile di $0.0526 per azione il 31 luglio 2024. Le fonti della distribuzione sono state: 12,02% da reddito netto da investimenti e 87,98% da restituzione di capitale. Per l'anno fiscale in corso, il tasso cumulativo di distribuzione è 7,21% del NAV. Le performance del Fondo mostrano un ritorno cumulativo totale sul NAV del 24,29% per l'anno fiscale in corso e un ritorno totale medio annuale dell'1,08% per il periodo di 5 anni che termina il 30 giugno 2024. Il tasso di distribuzione annualizzato del Fondo è 9,34% del NAV. Agli azionisti si consiglia di non trarre conclusioni sulle performance degli investimenti del Fondo basandosi sull'importo della distribuzione.
El Clough Global Dividend and Income Fund (NYSE American:GLV) realizó una distribución mensual de $0.0526 por acción el 31 de julio de 2024. Las fuentes de la distribución fueron: 12.02% de ingresos netos por inversiones y 87.98% de devolución de capital. Para el año fiscal hasta la fecha, la tasa de distribución acumulativa es 7.21% del NAV. El rendimiento del Fondo muestra un retorno total acumulativo sobre el NAV del 24.29% para el año fiscal hasta la fecha y un retorno total anual promedio del 1.08% para el periodo de 5 años que finaliza el 30 de junio de 2024. La tasa de distribución anualizada del Fondo es 9.34% del NAV. Se advierte a los accionistas que no saquen conclusiones sobre el rendimiento de inversión del Fondo basándose en el monto de la distribución.
클로우 글로벌 배당 및 소득 펀드 (NYSE American:GLV)는 2024년 7월 31일에 주당 $0.0526의 월간 분배금을 지급했습니다. 분배 출처는 순 투자 소득의 12.02%와 자본 환급의 87.98%로 구성되었습니다. 회계 연도 현재까지 누적 분배율은 NAV의 7.21%입니다. 펀드의 성과는 회계 연도 현재까지 NAV에 대한 누적 총 수익률 24.29%와 2024년 6월 30일 종료되는 5년 기간 동안의 연평균 총 수익률 1.08%를 보여줍니다. 펀드의 연환산 분배율은 NAV의 9.34%입니다. 주주들은 분배 금액을 바탕으로 펀드의 투자 성과에 대한 결론을 내리지 않도록 주의해야 합니다.
Le Clough Global Dividend and Income Fund (NYSE American:GLV) a effectué une distribution mensuelle de $0.0526 par action le 31 juillet 2024. Les sources de distribution étaient : 12,02 % de revenus nets d'investissement et 87,98 % de retour de capital. Pour l'année fiscale à ce jour, le taux de distribution cumulatif est de 7,21% de la NAV. La performance du Fonds montre un retour total cumulé sur la NAV de 24,29% pour l'année fiscale à ce jour et un retour total annuel moyen de 1,08% pour la période de 5 ans se terminant le 30 juin 2024. Le taux de distribution annualisé du Fonds est de 9,34% de la NAV. Les actionnaires sont avertis de ne pas tirer de conclusions sur la performance d'investissement du Fonds en se basant sur le montant de la distribution.
Der Clough Global Dividend and Income Fund (NYSE American:GLV) hat am 31. Juli 2024 eine monatliche Ausschüttung von $0.0526 pro Aktie vorgenommen. Die Quellen der Ausschüttung waren: 12,02% aus Nettokapitaleinkünften und 87,98% aus Kapitalrückgabe. Für das laufende Geschäftsjahr beträgt der kumulierte Ausschüttungssatz 7,21% des NAV. Die Performance des Fonds zeigt eine kumulierte Gesamtrendite auf den NAV von 24,29% für das laufende Geschäftsjahr und eine durchschnittliche jährliche Gesamtrendite von 1,08% für den Zeitraum von 5 Jahren bis zum 30. Juni 2024. Der annualisierte Ausschüttungssatz des Fonds beträgt 9,34% des NAV. Den Aktionären wird geraten, aus der Höhe der Ausschüttung keine Schlüsse auf die Investmentperformance des Fonds zu ziehen.
- Monthly distribution of $0.0526 per share paid to shareholders
- Cumulative total return on NAV of 24.29% for the fiscal year-to-date
- Annualized distribution rate of 9.34% based on NAV
- 87.98% of the current distribution comes from return of capital, potentially eroding investor's principal
- Low average annual total return of 1.08% for the 5-year period ending June 30, 2024
- Fund has distributed more than its income and net realized capital gains
DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, the Clough Global Dividend and Income Fund (NYSE American:GLV) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00632 |
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| 12.02 | % |
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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| 0.04628 |
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| 87.98 | % |
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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| 0.06077 |
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| 12.46 | % |
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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| 0.42683 |
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| 87.54 | % |
Total (per common share) |
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| 0.48760 |
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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 6/30/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.34 | % |
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Cumulative Distribution Rate on NAV^+ |
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| 7.21 | % |
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Cumulative Total Return on NAV* |
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| 24.29 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 6/30/2024** |
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| 1.08 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of June 30, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
July 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 June 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 Dividend and Income Fund | GLV
View the original press release on accesswire.com
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