Clough Global Dividend and Income Fund Declares a Monthly Cash Distribution of $0.1032 Per Share
November 07 2016 - 9:30AM
Business Wire
Today, the Board of Trustees (the “Board”) for the Clough Global
Dividend and Income Fund (the “Fund”) has declared a monthly cash
distribution of $0.1032 per common share, payable on the dates
noted below. The Fund has approximately $263.7 million in total
assets, the net asset value was $13.64 per share and the market
price was $11.30 as of November 3, 2016.
The following dates apply to the distributions declared:
Ex-Date: November 16, 2016Record Date: November 18, 2016Payable
Date: November 30, 2016
Ex-Date: December 14, 2016Record Date: December 16, 2016Payable
Date: December 30, 2016
Ex-Date: January 18, 2017Record Date: January 20, 2017Payable
Date: January 31, 2017
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, including the percentage of qualified dividend
income, will be made after year-end.
The Clough Global Dividend and Income Fund
The Fund is a closed-end fund with an investment objective of
providing a high level of total return. With analysts in Boston and
Hong Kong, the Clough Global Dividend and Income Fund seeks to
pursue this objective by applying a fundamental research-driven
investment process and will invest 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 Dividend and Income 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 $3.4 billion in assets: $1.4 billion in hedge fund
and institutional accounts; $108 million in open-end mutual funds;
and $1.9 billion in three closed-end funds (as of September 30,
2016) – Clough Global Dividend and Income (GLV), Clough Global
Equity (GLQ), and the Clough Global Opportunities Fund (GLO). The
firm uses a global and 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 Dividend and Income Fund,
as well as Robert Zdunczyk.
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain a
prospectus, annual report or semi-annual report which contains this
and other information visit www.cloughglobal.com or
call 877-256-8445. Read them carefully before investing.
The Clough Global Dividend and Income Fund is a closed-end fund
and closed-end funds do not continuously issue shares for sale as
open-end mutual funds do. Since the initial public offering, the
Fund now trades in the secondary market. Investors wishing to buy
or sell shares need to place orders through an intermediary or
broker. The share price of a closed-end fund is based on the
market's value.
Forward-looking statements are based on information that is
available on the date hereof, and neither the fund manager nor any
other person affiliated with the fund manager has any duty to
update any forward-looking statements. Important factors that could
affect actual results to differ from these statements include,
among other factors, material, negative changes to the asset class
and the actual composition of the portfolio.
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version on businesswire.com: http://www.businesswire.com/news/home/20161107005156/en/
ALPSTom Carter, +1
303-623-2577tom.carter@alpsinc.comorFund Services Group,
877-256-8445
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