DENVER, July 8, 2022
/PRNewswire/ -- Today, the Board of Trustees (the "Board") for the
Clough Global Equity Fund (the "Fund") has declared a monthly cash
distribution of $0.1162 per common
share, payable on the dates noted below. The Fund's managed
distribution policy is set the monthly distribution rate at an
amount equal to one twelfth of 10% of the Fund's adjusted year-end
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 18, 2022
Record Date: July 19, 2022
Payable Date: July 29, 2022
Ex-Date: August 18, 2022
Record Date: August 19, 2022
Payable Date: August 31, 2022
Ex-Date: September 19, 2022
Record Date: September 20, 2022
Payable Date: September 30, 2022
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.
The Clough Global Equity
Fund
The Fund is a closed-end fund utilizing Clough Capital's
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
and Rob Zdunczyk. As of June 30th, 2022 the Fund had
approximately $358.7 million in total
assets. More information, including the Fund's dividend
reinvestment plan, can be found at www.cloughglobal.com or call
877-256-8445.
Clough Capital Partners
L.P.
Clough Capital is a Boston-based investment advisory firm which
manages approximately $1.8 billion in
assets: $594 million in hedge fund
and institutional accounts; $47
million in open-end mutual funds; and $1.2 billion in three closed-end funds (as of
June 30, 2022) – Clough Global
Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ),
and Clough Global Opportunities Fund (GLO).
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 or call 877-256-8445. Read
the prospectus carefully before investing.
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.
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.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member
Firm.
Clough Global Equity Fund (NYSE MKT: GLQ)
1290
Broadway, Suite 1000
Denver, CO 80203
Contact: Fund Services Group at 877-256-8445
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SOURCE Clough Global Equity Fund