Clough Global Equity Fund Reports Earnings Results for the Half Year Ended April 30, 2019
July 03, 2019 at 12:30 am IST
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Clough Global Equity Fund announced earnings results for the half year ended April 30, 2019. For the half year, the company announced total revenue was USD 3.137 million. Net income was USD 11.156 million.
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.