Welcome to our dedicated page for Clough Global Dividend and Income Fund news (Ticker: GLV), a resource for investors and traders seeking the latest updates and insights on Clough Global Dividend and Income Fund stock.
Clough Global Dividend and Income Fund (GLV) is a closed-end investment management company. The primary objective of the fund is to provide a high level of total return by investing in a diversified portfolio of equity and debt securities. These investments span both U.S. and non-U.S. markets and include companies of any market capitalization.
The fund utilizes a fundamental research-driven investment process to identify high-quality opportunities across various asset classes. Managed by a team of experienced portfolio managers, including Chuck Clough and Bill Whelan, the fund aims to deliver consistent returns through its well-structured investment strategy. As of March 31, 2024, the fund's total assets were approximately $115.3 million.
One of the key features of Clough Global Dividend and Income Fund is its managed distribution policy. The fund sets a monthly distribution rate at an amount equal to one twelfth of 10% of the fund's adjusted year-end net asset value per share. This policy aims to provide shareholders with regular income while also considering the fund's overall performance and market conditions.
The most recent updates highlight the fund's commitment to providing monthly distributions. On multiple occasions, the fund has announced distributions of $0.0526 per share to shareholders of record, ensuring a steady stream of income for investors. Additionally, the fund's Board of Trustees regularly reviews distribution levels and adjusts them as necessary to align with market conditions and the fund's net asset value.
The fund's performance metrics are continually monitored and reported. Cumulative distribution rates, fiscal year-to-date returns, and changes in net asset value are some of the key performance indicators disclosed to investors. These metrics help shareholders understand the fund's performance and make informed investment decisions.
Clough Capital Partners L.P., the investment advisory firm managing the fund, is based in Boston and oversees approximately $1.2 billion in assets. The firm's expertise spans hedge funds, institutional accounts, exchange-traded funds, and other closed-end funds, including Clough Global Equity Fund (GLQ) and Clough Global Opportunities Fund (GLO).
Overall, Clough Global Dividend and Income Fund (GLV) aims to deliver a high level of total return through a well-diversified and strategically managed portfolio. By consistently providing monthly distributions and maintaining a transparent performance tracking system, the fund seeks to enhance shareholder value and provide a reliable investment option for those looking to diversify their portfolios.
The Clough Global Dividend and Income Fund (GLV) has declared a monthly cash distribution of $0.0906 per common share for the months of July, August, and September 2022. The distribution aligns with the Fund's managed distribution policy, which sets the monthly rate at 10% of the adjusted year-end net asset value (NAV). Key payment dates include July 29, August 31, and September 30, 2022. As of June 30, 2022, the Fund had total assets of approximately $186.7 million, focused on providing a high total return through diverse investments.
On June 30, 2022, Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0906 per share, payable to shareholders who were on record as of June 17, 2022. The distribution is entirely sourced from return of capital, making up 100% of the total. For the fiscal year-to-date, the cumulative distribution per share is $0.7370, with 91.09% attributed to return of capital. The fund's annualized distribution rate is 12.41% of NAV, while cumulative total return on NAV stands at -14.93%.
On May 31, 2022, Clough Global Dividend and Income Fund (NYSE: GLV) declared a monthly distribution of $0.0906 per share, payable to shareholders of record as of May 20, 2022. The total distribution amount reflects a return of capital, comprising 100% of the payout. For the fiscal year-to-date, the cumulative distribution per share is $0.6464, with 89.75% attributed to capital return. The fund's annualized distribution rate stands at 12.41% of its net asset value (NAV).
On April 29, 2022, the Clough Global Dividend and Income Fund (GLV) declared a monthly distribution of $0.0906 per share for shareholders on record as of April 19, 2022. This distribution is entirely attributed to a return of capital, comprising 100% of the total distribution. The Fund's fiscal year-to-date cumulative distribution from November 1, 2021, to April 29, 2022 totals $0.5558 per share, with a return of capital making up 87.95%. The Board of Trustees will continue to evaluate the distribution policy based on financial market conditions.
The Clough Global Dividend and Income Fund (GLV) has declared a monthly cash distribution of $0.0906 per common share for April, May, and June 2022, adhering to a managed distribution policy targeting 10% of the adjusted year-end net asset value (NAV). Key distribution dates include Ex-Dates on April 18, May 19, and June 16, with payable dates on April 29, May 31, and June 30. As of March 31, 2022, the fund managed approximately $197.4 million in total assets, focusing on a diversified investment strategy in both equity and fixed-income securities.
On February 28, 2022, Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0906 per share for shareholders recorded as of February 18, 2022. This distribution is entirely from return of capital, accounting for 100% of the total amount. The Fund's fiscal year-to-date cumulative distribution amounts to $0.3746 per share, with significant contributions also from return of capital (82.05%). The annualized distribution rate stands at 10.94% based on the Fund's Net Asset Value (NAV) as of January 31, 2022.
On January 31, 2022, the Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0906 per share for shareholders of record as of January 21, 2022. The distribution is entirely attributed to a return of capital, constituting 100% of the total distribution. For the fiscal year-to-date, the cumulative distribution amounts to $0.2840 per share, with 76.23% sourced from capital returns.
Notably, the fund's annualized distribution rate is 10.00% based on its net asset value (NAV).
The Clough Global Dividend and Income Fund (GLV) has declared a monthly cash distribution of $0.0906 per share, effective for January to March 2022. This marks a 6.31% decrease from the previous distribution, adhering to the Fund's policy of distributing 10% of the adjusted year-end net asset value (NAV) per share. Key dates include the ex-dates on January 20, February 17, and March 17, with payment dates on January 31, February 28, and March 31, 2022.
On December 31, 2021, the Clough Global Dividend and Income Fund (GLV) distributed $0.0967 per share to shareholders of record as of December 21, 2021. The distribution is primarily derived from return of capital (85.93%), with net investment income accounting for 14.07%. The fund's annualized distribution rate is 10.79% based on the net asset value as of November 30, 2021. Recent performance indicates a cumulative total return of -1.48% for the fiscal year-to-date. Shareholders will receive tax reporting forms detailing the distribution components.
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