Clough Global Equity Fund Declares Monthly Cash Distributions for January, February, and March 2021, Payable on January 29, 2021, February 26, 2021 and March 31, 2021 Respectively
January 08, 2021 at 04:30 pm IST
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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. This represents a 22% increase to the previous distribution amount. The dividend will be payable on January 29, 2021, February 26, 2021 and March 31, 2021 to the recorded share holders on January 20, 2021, February 18, 2021 and March 19, 2021 respectively and ex-date is January 19, 2021, February 17, 2021 and March 18, 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 January, February, and March 2021, Payable on January 29, 2021, February 26, 2021 and March 31, 2021 Respectively