Clough Global Dividend & Income Fund Section 19(a) Notice
Clough Global Dividend and Income Fund (GLV) has distributed a monthly payment of $0.0526 per share on November 29, 2024, to shareholders of record as of November 15, 2024. The distribution breakdown shows 6.01% from net investment income and 93.99% from return of capital. The Fund's fiscal year-to-date performance includes a 24.06% cumulative total return on NAV and an annualized distribution rate of 9.70% based on NAV. The Fund's 5-year average annual total return stands at 16%.
Il Clough Global Dividend and Income Fund (GLV) ha distribuito un pagamento mensile di $0.0526 per azione il 29 novembre 2024, agli azionisti registrati al 15 novembre 2024. La ripartizione della distribuzione mostra il 6,01% proveniente da reddito da investimento netto e il 93,99% da restituzione di capitale. La performance dell'anno fiscale del Fondo fino ad oggi include un ritorno totale cumulativo del 24,06% sul NAV e un tasso di distribuzione annualizzato del 9,70% basato sul NAV. Il ritorno totale medio annuo del Fondo negli ultimi 5 anni è pari al 16%.
El Clough Global Dividend and Income Fund (GLV) ha distribuido un pago mensual de $0.0526 por acción el 29 de noviembre de 2024, a los accionistas registrados hasta el 15 de noviembre de 2024. La desagregación de la distribución muestra un 6.01% de ingresos netos de inversiones y un 93.99% de retorno de capital. El rendimiento acumulado del fondo hasta la fecha del año fiscal incluye un retorno total acumulado del 24.06% sobre el NAV y un tasa de distribución anualizada del 9.70% basado en el NAV. El retorno total promedio anual del fondo en los últimos 5 años se sitúa en el 16%.
클로우 글로벌 배당 및 소득 펀드 (GLV)는 2024년 11월 29일에 주당 $0.0526의 월 배당금을 2024년 11월 15일 기준 주주들에게 배포했습니다. 배당금 분배 내용은 6.01%가 순투자 수익에서 발생하고 93.99%가 자본 회수에서 발생하는 것으로 나타났습니다. 이 펀드의 2024년 회계 연도 누적 성과는 NAV 기준으로 24.06%의 누적 총 수익률을 포함하며, NAV를 기준으로 한 연간 분배율은 9.70%입니다. 이 펀드의 5년 평균 연간 총 수익률은 16%입니다.
Le Clough Global Dividend and Income Fund (GLV) a distribué un paiement mensuel de 0,0526 $ par action le 29 novembre 2024, aux actionnaires enregistrés au 15 novembre 2024. La répartition de cette distribution montre que 6,01 % proviennent de revenus nets d'investissement et 93,99 % d'un retour de capital. La performance cumulative du fonds depuis le début de l'exercice fiscal inclut un retour total cumulé de 24,06 % sur la valeur d'inventaire (NAV) et un taux de distribution annualisé de 9,70 % basé sur la NAV. Le retour total annuel moyen du fonds sur 5 ans se situe à 16 %.
Clough Global Dividend and Income Fund (GLV) hat am 29. November 2024 eine monatliche Zahlung von 0,0526 $ pro Aktie an die Aktionäre, die am 15. November 2024 registriert waren, verteilt. Die Verteilungsschlüssel zeigen, dass 6,01% aus Nettoeinkünften und 93,99% aus Kapitalrückflüssen stammen. Die bisherige Leistung des Fonds im Geschäftsjahr umfasst eine kumulierte Gesamtrendite von 24,06% auf den NAV und einen annualisierten Ausschüttungszins von 9,70% basierend auf dem NAV. Die durchschnittliche jährliche Gesamtrendite des Fonds über 5 Jahre beträgt 16%.
- Cumulative total return on NAV of 24.06% for fiscal year
- Strong 5-year average annual total return of 16%
- High annualized distribution rate of 9.70% based on NAV
- 93.99% of distribution represents return of capital rather than earnings
- Only 6.01% of distribution comes from net investment income
- No capital gains contribution to distribution
DENVER, CO / ACCESSWIRE / November 29, 2024 / On November 29, 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 ($) |
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Net Investment Income |
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| 0.00316 |
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| 6.01 | % |
Net Realized Short-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Net Realized Long-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Return of Capital or other Capital Source |
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| 0.04944 |
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| 93.99 | % |
Total (per common share) |
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| 0.05260 |
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| 100.00 | % |
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Fiscal Year-to-Date Cumulative Distributions from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00316 |
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| 6.01 | % |
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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| 0.04944 |
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| 93.99 | % |
Total (per common share) |
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| 0.05260 |
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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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| 9.70 | % |
Cumulative Distribution Rate on NAV^+ |
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| 0.81 | % |
Cumulative Total Return on NAV* |
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| 24.06 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 10/31/2024** |
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| 16 | % |
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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 Dividend and Income Fund | GLV
View the original press release on accesswire.com
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