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 August 30, 2024. The distribution sources were: 10.70% from net investment income and 89.30% from return of capital. The Fund's fiscal year-to-date cumulative distribution breakdown shows 12.29% from net investment income and 87.71% from return of capital.
Key performance metrics include:
- Annualized Distribution Rate: 9.34% of NAV
- Cumulative Distribution Rate: 7.99% of NAV
- Cumulative Total Return: 25.41% on NAV
- 5-Year Average Annual Total Return: 1.22% on NAV
Il Clough Global Dividend and Income Fund (NYSE American: GLV) ha effettuato una distribuzione mensile di $0.0526 per azione il 30 agosto 2024. Le fonti della distribuzione erano: 10.70% da reddito da investimenti netti e 89.30% da restituzione di capitale. La suddivisione cumulativa della distribuzione dell'esercizio fiscale del Fondo mostra 12.29% da reddito da investimenti netti e 87.71% da restituzione di capitale.
I principali indicatori di performance includono:
- Aliquota di Distribuzione Annualizzata: 9.34% del NAV
- Aliquota di Distribuzione Cumulativa: 7.99% del NAV
- Rendimento Totale Cumulativo: 25.41% sul NAV
- Rendimento Totale Medio Annuale a 5 Anni: 1.22% sul NAV
El Clough Global Dividend and Income Fund (NYSE American: GLV) realizó una distribución mensual de $0.0526 por acción el 30 de agosto de 2024. Las fuentes de la distribución fueron: 10.70% de ingresos netos por inversiones y 89.30% de retorno de capital. La desagregación acumulativa de la distribución del fondo hasta la fecha del ejercicio fiscal muestra 12.29% de ingresos netos por inversiones y 87.71% de retorno de capital.
Los principales indicadores de rendimiento incluyen:
- Tasa de Distribución Anualizada: 9.34% del NAV
- Tasa de Distribución Acumulativa: 7.99% del NAV
- Retorno Total Acumulado: 25.41% sobre el NAV
- Promedio de Retorno Total Anual a 5 Años: 1.22% sobre el NAV
클라우 글로벌 배당 및 소득 펀드(NYSE American: GLV)는 2024년 8월 30일 주당 $0.0526의 월 배당금을 지급했습니다. 배당금의 출처는 10.70%는 순투자 소득에서, 89.30%는 자본 환급에서 나왔습니다. 펀드의 회계연도 누적 배당 내역은 순투자 소득에서 12.29% 및 자본 환급에서 87.71%을 보여줍니다.
주요 성과 지표는 다음과 같습니다:
- 연간화 배당률: 9.34%의 NAV
- 누적 배당률: 7.99%의 NAV
- 누적 총 수익률: 25.41%의 NAV
- 5년 평균 연간 총 수익률: 1.22%의 NAV
Le Clough Global Dividend and Income Fund (NYSE American: GLV) a effectué une distribution mensuelle de $0.0526 par action le 30 août 2024. Les sources de cette distribution étaient : 10.70% provenant du revenu net d'investissement et 89.30% provenant du retour de capital. La répartition cumulative des distributions du fonds pour l'exercice en cours montre 12.29% provenant du revenu net d'investissement et 87.71% provenant du retour de capital.
Les indicateurs de performance clés comprennent:
- Taux de distribution annuel: 9.34% du NAV
- Taux de distribution cumulé: 7.99% du NAV
- Rendement total cumulé: 25.41% sur le NAV
- Moyenne annuelle de rendement total sur 5 ans: 1.22% sur le NAV
Der Clough Global Dividend and Income Fund (NYSE American: GLV) zahlte am 30. August 2024 eine monatliche Ausschüttung von $0.0526 pro Aktie. Die Quellen der Ausschüttung waren: 10.70% aus Nettoanlageerträgen und 89.30% aus Rückzahlung des Kapitals. Die kumulierte Ausschüttung des Fonds seit Beginn des Geschäftsjahres zeigt 12.29% aus Nettoanlageerträgen und 87.71% aus Rückzahlung des Kapitals.
Wichtige Leistungskennzahlen umfassen:
- Jährlicher Ausschüttungssatz: 9.34% des NAV
- Kumulativer Ausschüttungssatz: 7.99% des NAV
- Kumulierte Gesamtrendite: 25.41% des NAV
- 5-Jahres-Durchschnitt der jährlichen Gesamtrendite: 1.22% des NAV
- Monthly distribution of $0.0526 per share paid to shareholders
- Cumulative Total Return on NAV of 25.41% for the fiscal year to date
- Annualized Distribution Rate of 9.34% as a percentage of NAV
- 89.30% of the current distribution comes from return of capital, potentially eroding the fund's asset base
- 5-Year Average Annual Total Return on NAV is only 1.22%, underperforming many market benchmarks
- The fund has distributed more than its income and net realized capital gains, indicating potential sustainability concerns
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / August 30, 2024 / On August 30, 2024, the Clough Global Dividend and Income Fund (NYSE American:GLV) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00563 |
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| 10.70 | % |
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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| 0.04697 |
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| 89.30 | % |
Total (per common share) |
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| 0.05260 |
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| 100.00 | % |
Fiscal Year-to-Date Cumulative Distributions from: |
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| Per Share ($) |
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| % |
| |
Net Investment Income |
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| 0.06640 |
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| 12.29 | % |
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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| 0.47380 |
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| 87.71 | % |
Total (per common share) |
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| 0.54020 |
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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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| 9.34 | % |
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Cumulative Distribution Rate on NAV^+ |
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| 7.99 | % |
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Cumulative Total Return on NAV* |
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| 25.41 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 7/31/2024** |
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| 1.22 | % |
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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 Dividend and Income Fund | GLV
View the original press release on accesswire.com
FAQ
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