Clough Global Dividend & Income Fund Section 19(a) Notice
Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0526 per share paid on October 31, 2024. The distribution breakdown shows 6.10% from net investment income and 93.90% from return of capital. For the fiscal year-to-date, cumulative distributions include 11.22% from net investment income and 88.78% from return of capital. The Fund reports a cumulative total return on NAV of 27.30% for the fiscal year to date and an average annual total return of 1.17% for the 5-year period ending September 30, 2024. The current annualized distribution rate stands at 9.36% of NAV.
Il Clough Global Dividend and Income Fund (GLV) ha annunciato una distribuzione mensile di 0,0526 $ per azione che sarà pagata il 31 ottobre 2024. La ripartizione della distribuzione mostra il 6,10% da reddito netto da investimenti e il 93,90% da restituzione di capitale. Fino ad oggi nell'anno fiscale, le distribuzioni cumulative comprendono l'11,22% da reddito netto da investimenti e l'88,78% da restituzione di capitale. Il Fondo riporta un ritorno totale cumulativo sul NAV del 27,30% per l'anno fiscale fino ad oggi e un ritorno totale annuale medio dell'1,17% per il periodo di 5 anni che termina il 30 settembre 2024. L'attuale tasso di distribuzione annualizzato è pari al 9,36% del NAV.
El Clough Global Dividend and Income Fund (GLV) anunció una distribución mensual de $0.0526 por acción que se pagará el 31 de octubre de 2024. El desglose de la distribución muestra un 6.10% proveniente de ingresos netos por inversiones y un 93.90% de retorno de capital. Para el año fiscal hasta la fecha, las distribuciones acumulativas incluyen un 11.22% de ingresos netos por inversiones y un 88.78% de retorno de capital. El Fondo informa un retorno total acumulado sobre el NAV del 27.30% para el año fiscal hasta la fecha y un retorno total anual promedio del 1.17% para el período de 5 años que finaliza el 30 de septiembre de 2024. La tasa de distribución anualizada actual es del 9.36% del NAV.
클러프 글로벌 배당 및 소득 기금(GLV)은 2024년 10월 31일에 지급될 주당 $0.0526의 월간 분배를 발표했습니다. 분배 내역은 순투자수익에서 6.10%, 자본 환수에서 93.90%를 보여줍니다. 회계 연도 누적 분배는 순투자 수익에서 11.22%, 자본 환수에서 88.78%를 포함합니다. 펀드는 현재 회계 연도까지 NAV 기준 누적 총수익률 27.30%을 보고하며, 2024년 9월 30일 종료 5년 기간 동안 평균 연간 총수익률 1.17%을 기록했습니다. 현재 연환산 분배율은 NAV의 9.36%입니다.
Le Clough Global Dividend and Income Fund (GLV) a annoncé une distribution mensuelle de 0,0526 $ par action payable le 31 octobre 2024. La répartition de la distribution montre 6,10 % provenant des revenus nets d'investissement et 93,90 % provenant du retour de capital. Pour l'exercice financier à ce jour, les distributions cumulatives comprennent 11,22 % provenant des revenus nets d'investissement et 88,78 % provenant du retour de capital. Le Fonds annonce un retour total cumulatif sur la NAV de 27,30 % pour l'exercice en cours et un retour total annuel moyen de 1,17 % pour la période de 5 ans se terminant le 30 septembre 2024. Le taux de distribution annualisé actuel est de 9,36 % de la NAV.
Der Clough Global Dividend and Income Fund (GLV) hat eine monatliche Ausschüttung von 0,0526 $ pro Anteil bekannt gegeben, die am 31. Oktober 2024 ausgezahlt wird. Die Verteilung zeigt 6,10% aus Nettoanlageerträgen und 93,90% aus Kapitalrückgabe. Für das laufende Geschäftsjahr kumuliert beträgt die Ausschüttung 11,22% aus Nettoanlageerträgen und 88,78% aus Kapitalrückgabe. Der Fonds berichtet über eine kumulative Gesamtrendite auf NAV von 27,30% für das laufende Geschäftsjahr und eine durchschnittliche jährliche Gesamtrendite von 1,17% für den 5-Jahres-Zeitraum, der am 30. September 2024 endet. Der aktuelle annualisierte Ausschüttungssatz beträgt 9,36% des NAV.
- Cumulative total return on NAV of 27.30% for fiscal year to date
- Monthly distribution maintained at $0.0526 per share
- High annualized distribution rate of 9.36% of NAV
- 93.90% of current distribution represents return of capital rather than earnings
- Low 5-year average annual total return of 1.17%
- 88.78% of fiscal year-to-date distributions came from return of capital
DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, the Clough Global Dividend and Income Fund (NYSE American:GLV) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00321 |
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| 6.10 | % |
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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| 0.04939 |
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| 93.90 | % |
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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| % |
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Net Investment Income |
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| 0.07244 |
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| 11.22 | % |
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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| 0.57296 |
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| 88.78 | % |
Total (per common share) |
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| 0.64540 |
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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 9/30/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.36 | % |
Cumulative Distribution Rate on NAV^+ |
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| 9.58 | % |
Cumulative Total Return on NAV* |
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| 27.30 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 9/30/2024** |
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| 1.17 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of September 30, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
October 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 September 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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