GLQ

Clough Global Equity Fund
GLQ
Market cap $133M

7.06 USD

+0.07

1.00%

At close Nov 8, 4:00 PM EST

1 day

1.00%

5 days

4.59%

1 month

1.73%

3 months

7.95%

6 months

9.46%

Year to date

20.48%

1 year

25.62%

5 years

-41.17%

About: Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.

0

Funds holding %

of 6,759 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

33% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 12

2% more funds holding

Funds holding: 42 [Q1] → 43 (+1) [Q2]

12.65% less ownership

Funds ownership: 63.44% [Q1] → 50.78% (-12.65%) [Q2]

13% less capital invested

Capital invested by funds: $76.2M [Q1] → $66.6M (-$9.68M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for GLQ.

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Financial journalist opinion

Clough Global Equity Fund Section 19(a) Notice

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on October 18, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Clough Global Equity Fund Section 19(a) Notice

Clough Global Equity Fund Declares Monthly Cash Distributions for October, November and December of $0.0603 Per Share

DENVER, CO / ACCESSWIRE / October 7, 2024 / Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.0603 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-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.

Clough Global Equity Fund Declares Monthly Cash Distributions for October, November and December of $0.0603 Per Share

Clough Global Equity Fund Section 19(a) Notice

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / September 30, 2024 / On September 30, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on September 17, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Clough Global Equity Fund Section 19(a) Notice

GLQ: Improved Leverage Profile And Distribution Rate

GLQ has significantly reduced its leverage from 40% to 12%, making it a less volatile and more suitable fund for today's uncertain macro environment. The fund has outperformed the S&P 500 and Nasdaq in 2024, driven by strong security selection, particularly in tech and semiconductor stocks. GLQ's discount to NAV has narrowed from -20% to -14%, reflecting improved market perception and structural normalization.

Clough Global Equity Fund Section 19(A) Notice

DENVER, CO / ACCESSWIRE / August 30, 2024 / On August 30, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on August 16, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Clough Global Equity Fund Section 19(A) Notice

Clough Global Equity Fund Section 19(a) Notice

DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on July 19, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Clough Global Equity Fund Section 19(a) Notice

Clough Global Equity Fund Declares Monthly Cash Distributions for July, August and September 2024 of $0.0603 Per Share

DENVER, CO / ACCESSWIRE / July 9, 2024 / Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.0603 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-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.

Clough Global Equity Fund Declares Monthly Cash Distributions for July, August and September 2024 of $0.0603 Per Share

Clough Global Equity Fund Section 19(a) Notice

DENVER, CO / ACCESSWIRE / June 28, 2024 / On June 28, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on June 17, 2024. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Clough Global Equity Fund Section 19(a) Notice

GLQ: Appears To Be Improving, But Still Overexposed To The United States

The Clough Global Equity Fund offers a high yield of 10.50%, which is higher than most of its peers and will likely appeal to income-seeking investors. The GLQ closed-end fund primarily invests in equity securities, which may be more beneficial in combating inflation compared to fixed-income securities. The fund has a higher level of American exposure than its peers, so it is not as good of a choice for those who are looking for global diversification.

GLQ: Appears To Be Improving, But Still Overexposed To The United States

Clough Closed-End Funds Announce Renewal of Share Repurchase Programs

DENVER, CO / ACCESSWIRE / June 5, 2024 / The Boards of Trustees (the "Boards") of the following closed-end funds (the "Funds") advised by Clough Capital Partners L.P. (the "Advisor" or "Clough Capital") announced today that each Fund has renewed its share repurchase program under which it may purchase, through June 30, 2025, up to 5% of its outstanding common shares in open market transactions: Clough Global Equity Fund (AMEX:GLQ) Clough Global Opportunities Fund (AMEX:GLO) Clough Global Dividend & Income Fund (AMEX:GLV) The share repurchase programs were originally approved in June 2023 and are designed to enhance shareholder value by permitting the Funds to purchase their shares when trading at a discount to their net asset value per share.

Clough Closed-End Funds Announce Renewal of Share Repurchase Programs

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