Clough Global Equity Fund Declares Monthly Cash Distributions for July, August, and September 2021, Payable on July 30, 2021, August 31, 2021 and September 30, 2021
July 09, 2021 at 06:00 am EDT
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The Board of Trustees for the Clough Global Equity 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. Ex-Date: July 19, 2021, August 19, 2021 and September 20, 2021. Record dates are July 20, 2021, August 20, 2021 and September 21, 2021. The dividend will be payable on July 30, 2021, August 31, 2021 and September 30, 2021.
Clough Global Equity Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return. The Fund is focused on achieving its objective by applying a fundamental research-driven investment process and will invest in equity securities of companies of any market capitalization and equity-related securities, including equity swaps and call options, as well as fixed income securities, including both corporate and sovereign debt, in both United States and non-United States markets. It intends to invest primarily in a managed mix of global equity securities. The Fund focuses on investing in a range of sectors, including consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, and utilities. Clough Capital Partners L.P. serves as the investment advisor of the Fund.
Clough Global Equity Fund Declares Monthly Cash Distributions for July, August, and September 2021, Payable on July 30, 2021, August 31, 2021 and September 30, 2021