Clough Global Dividend and Income Fund Declares Monthly Cash Distributions for April, May, and June 2021, Payable on April 30, 2021, May 28, 2021 and Payable Date: June 30, 2021 Respectively
April 09, 2021 at 03:30 pm IST
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The Board of Trustees for the Clough Global Dividend and Income Fund has declared a monthly cash distribution of $0.0967 per common share, payable on the dates noted below. The following dates apply to the distributions declared: Ex-Date: April 19, 2021, Record Date: April 20, 2021, Payable Date: April 30, 2021; Ex-Date: May 19, 2021, Record Date: May 20, 2021, Payable Date: May 28, 2021; Ex-Date: June 18, 2021, Record Date: June 21, 2021, Payable Date: June 30, 2021.
Clough Global Dividend and Income Fund (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide a high level of total return. It seeks to invest at least 80% of its net assets, including any borrowings for investment purposes, in equity securities in both United States and non-United States markets. It invests in a managed mix of equity and debt securities. The Fund may not invest more than 33% of its total assets in securities (including equity and fixed income securities) of governments and companies in emerging markets. The Fund also invest a portion of its assets in real estate investment trusts (REITs). It may not invest more than 10% of its total assets in debt securities rated below investment grade. In addition to shorting to hedge equity risk, the Fund may utilize instruments including, exchange traded funds (ETFs), derivative positions and U.S. Treasury securities. Clough Capital Partners L.P. is the Fund's investment adviser.
Clough Global Dividend and Income Fund Declares Monthly Cash Distributions for April, May, and June 2021, Payable on April 30, 2021, May 28, 2021 and Payable Date: June 30, 2021 Respectively