{"id":511265,"date":"2021-07-09T06:03:12","date_gmt":"2021-07-09T10:03:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/clough-global-equity-fund-declares-monthly-cash-distributions-for-july-august-and-september-2021-of-0-1341-per-share\/"},"modified":"2021-07-09T06:03:12","modified_gmt":"2021-07-09T10:03:12","slug":"clough-global-equity-fund-declares-monthly-cash-distributions-for-july-august-and-september-2021-of-0-1341-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/clough-global-equity-fund-declares-monthly-cash-distributions-for-july-august-and-september-2021-of-0-1341-per-share\/","title":{"rendered":"Clough Global Equity Fund Declares Monthly Cash Distributions For July, August, And September 2021 Of $0.1341 Per Share"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n DENVER<\/span>, July 9, 2021<\/span> \/PRNewswire\/ — Today, the Board of Trustees (the “Board”) for the Clough Global Equity Fund (the “Fund”) has declared a monthly cash distribution of $0.1341<\/span> per common share, payable on the dates noted below. The Fund’s managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund’s adjusted year-ending net asset value per share (“NAV”), which will be the average of the NAVs as of the last five business days of the prior calendar year. <\/p>\n

\n

\n
\n \"Clough
\n <\/a>\n <\/p>\n<\/p><\/div>\n

The following dates apply to the distributions declared:<\/p>\n

Ex-Date: July 19, 2021<\/span>
Record Date: July 20, 2021<\/span>
Payable Date: July 30, 2021<\/span><\/p>\n

Ex-Date: August 19, 2021<\/span>
Record Date: August 20, 2021<\/span>
Payable Date: August 31, 2021<\/span><\/p>\n

Ex-Date: September 20, 2021<\/span>
Record Date: September 21, 2021<\/span>
Payable Date: September 30, 2021<\/span><\/p>\n

A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end<\/p>\n

\n The Clough Global Equity Fund<\/b>
\n
The Fund is a closed-end fund utilizing Clough Capital Partner L.P.’s (“Clough Capital”) research-driven, thematic process, with an investment objective of providing a high level of total return. Having a global, flexible mandate, the Fund will invest at least 80% in equity and equity-related securities in both U.S. and non-U.S. markets, and the remainder in fixed income securities, including corporate and sovereign debt, in both U.S. and non-U.S. markets. The Fund’s portfolio managers are Chuck Clough<\/span> and Rob Zdunczyk<\/span>. As of June 30<\/span>th<\/sup>, 2021 the Fund had approximately $439.9 million<\/span> in total assets. More information, including the Fund’s dividend reinvestment plan, can be found at www.cloughglobal.com<\/a> or call 877-256-8445.<\/p>\n

\n Clough Capital Partners L.P.<\/b>
\n
Clough Capital is a Boston<\/span>-based investment advisory firm which manages approximately $2.4 billion<\/span> in assets: $818 million<\/span> in hedge fund and institutional accounts; $120 million<\/span> in open-end mutual funds; and $1.5 billion<\/span> in three closed-end funds (as of March 31, 2021<\/span>) \u2013 Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).<\/p>\n

\n An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughglobal.com<\/a> or call 877-256-8445. Read them carefully before investing.<\/b>\n <\/p>\n

The Clough Global Equity Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market’s value. <\/p>\n

Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.<\/p>\n

\n ALPS Portfolio Solutions Distributor, Inc, FINRA Member Firm.<\/i>\n <\/p>\n

\n Clough Global Equity Fund<\/b> (NYSE MKT: GLQ)
1290 Broadway, Suite 1000
Denver, CO<\/span> 80203
Contact<\/b>: Fund Services Group at 877-256-8445<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/clough-global-equity-fund-declares-monthly-cash-distributions-for-july-august-and-september-2021-of-0-1341-per-share-301328438.html<\/a><\/p>\n

SOURCE Clough Global Equity Fund<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire DENVER, July 9, 2021 \/PRNewswire\/ — Today, the Board of Trustees (the “Board”) for the Clough Global Equity Fund (the “Fund”) has declared a monthly cash distribution of $0.1341 per common share, payable on the dates noted below. The Fund’s managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund’s adjusted year-ending net asset value per share (“NAV”), which will be the average of the NAVs as of the last five business days of the prior calendar year. The following dates apply to the distributions declared: Ex-Date: July 19, 2021Record Date: July 20, 2021Payable Date: July 30, 2021 Ex-Date: August 19, 2021Record Date: August 20, 2021Payable … <\/p>\n

Continue reading “Clough Global Equity Fund Declares Monthly Cash Distributions For July, August, And September 2021 Of $0.1341 Per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-511265","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nClough Global Equity Fund Declares Monthly Cash Distributions For July, August, And September 2021 Of $0.1341 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/clough-global-equity-fund-declares-monthly-cash-distributions-for-july-august-and-september-2021-of-0-1341-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clough Global Equity Fund Declares Monthly Cash Distributions For July, August, And September 2021 Of $0.1341 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DENVER, July 9, 2021 \/PRNewswire\/ — Today, the Board of Trustees (the “Board”) for the Clough Global Equity Fund (the “Fund”) has declared a monthly cash distribution of $0.1341 per common share, payable on the dates noted below. The Fund’s managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund’s adjusted year-ending net asset value per share (“NAV”), which will be the average of the NAVs as of the last five business days of the prior calendar year. 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