Clough Global Allocation Fund Declares Its Quarterly Cash Distribution of $0.36 Per Share
September 28 2006 - 6:18PM
Business Wire
Today, the Clough Global Allocation Fund (AMEX: GLV) declared its
quarterly cash distribution of $0.36 per share for October 2006.
The distribution will be payable on October 31, 2006 to
shareholders of record on October 13, 2006. Clough Global
Allocation Fund Cash Distribution Ex-Date: October 11, 2006 Record
Date: October 13, 2006 Payable Date: October 31, 2006 The Fund has
approximately $376 million in total assets, the net asset value was
$22.01 per share and the market price was $22.25 as of September
22, 2006. Subject to market conditions, the Fund intends to
distribute subsequent regular quarterly cash distributions. A
portion of the distribution may be treated as paid from sources
other than net income, including but not limited to short-term
capital gain, long-term capital gain and return of capital. The
final determination of the source of all distributions in 2006,
including the percentage of qualified dividend income, will be made
after year-end. The Clough Global Allocation Fund The Fund is a
closed-end fund with an investment objective of providing a high
level of total return. It intends to achieve this objective by
applying a fundamental research-driven investment process,
investing in equity and equity-related securities, as well as fixed
income securities, including both corporate and sovereign debt in
both U.S. and non-U.S. markets. More information on the Clough
Global Allocation Fund, including the Fund�s dividend reinvestment
plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P. Clough is a Boston-based investment
advisory firm which manages approximately $2.7 billion in assets:
Approximately $520 million in hedge fund and institutional accounts
and $2.2 billion in 3 closed-end funds � Clough Global Allocation
Fund (GLV), Clough Global Equity Fund (GLQ) and the Clough Global
Opportunities Fund (GLO). The firm uses a theme-based approach and
invests in securities on a global basis. Clough was founded in 2000
by Chuck Clough and partners James Canty and Eric Brock. These
three are the portfolio managers for the Clough Global Allocation
Fund. An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain a
prospectus which contains this and other information visit
www.cloughglobal.com or call 877-256-8445. Read the prospectus
carefully before investing. Today, the Clough Global Allocation
Fund (AMEX: GLV) declared its quarterly cash distribution of $0.36
per share for October 2006. The distribution will be payable on
October 31, 2006 to shareholders of record on October 13, 2006.
Clough Global Allocation Fund Cash Distribution Ex-Date: October
11, 2006 Record Date: October 13, 2006 Payable Date: October 31,
2006 The Fund has approximately $376 million in total assets, the
net asset value was $22.01 per share and the market price was
$22.25 as of September 22, 2006. Subject to market conditions, the
Fund intends to distribute subsequent regular quarterly cash
distributions. A portion of the distribution may be treated as paid
from sources other than net income, including but not limited to
short-term capital gain, long-term capital gain and return of
capital. The final determination of the source of all distributions
in 2006, including the percentage of qualified dividend income,
will be made after year-end. The Clough Global Allocation Fund The
Fund is a closed-end fund with an investment objective of providing
a high level of total return. It intends to achieve this objective
by applying a fundamental research-driven investment process,
investing in equity and equity-related securities, as well as fixed
income securities, including both corporate and sovereign debt in
both U.S. and non-U.S. markets. More information on the Clough
Global Allocation Fund, including the Fund's dividend reinvestment
plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P. Clough is a Boston-based investment
advisory firm which manages approximately $2.7 billion in assets:
Approximately $520 million in hedge fund and institutional accounts
and $2.2 billion in 3 closed-end funds -- Clough Global Allocation
Fund (GLV), Clough Global Equity Fund (GLQ) and the Clough Global
Opportunities Fund (GLO). The firm uses a theme-based approach and
invests in securities on a global basis. Clough was founded in 2000
by Chuck Clough and partners James Canty and Eric Brock. These
three are the portfolio managers for the Clough Global Allocation
Fund. An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain a
prospectus which contains this and other information visit
www.cloughglobal.com or call 877-256-8445. Read the prospectus
carefully before investing.
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