Clough Global Equity Fund Declares Monthly Cash Distributions for October, November, and December 2020, Payable on October 30, 2020, November 30, 2020, December 31, 2020 Respectively
October 09, 2020 at 11:00 am
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The Board of Trustees for the Clough Global Equity Fund has declared a monthly cash distribution of $0.1104 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. For the October month the Ex-Date is October 19, 2020, Record Date is October 20, 2020, Payable Date is October 30, 2020. For the November month the Ex-Date is November 19, 2020, Record Date is November 20, 2020, Payable Date is November 30, 2020. For the December month Ex-Date is December 18, 2020, Record Date is December 21, 2020, Payable Date is December 31, 2020.
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 October, November, and December 2020, Payable on October 30, 2020, November 30, 2020, December 31, 2020 Respectively