Clough Global Dividend and Income Fund Declares a Monthly Cash Distribution of $0.1032 Per Share
May 08 2017 - 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 $238.4 million in total
assets, the net asset value was $14.31 per share and the market
price was $13.68 as of May 4, 2017.
The following dates apply to the distributions declared:
Ex-Date: May 17, 2017Record Date: May 19, 2017Payable Date: May
31, 2017
Ex-Date: June 15, 2017Record Date: June 19, 2017Payable Date:
June 30, 2017
Ex-Date: July 13, 2017Record Date: July 17, 2017Payable Date:
July 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. 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 Capital is a Boston-based investment advisory firm which
manages approximately $2.7 billion in assets: $1.1 billion in hedge
fund and institutional accounts; $91 million in open-end mutual
funds; and $1.5 billion in three closed-end funds (as of March 31,
2017) – 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 Capital was founded in 2000.
Chuck Clough and Rob Zdunczyk are the portfolio managers.
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.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member
Firm.
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version on businesswire.com: http://www.businesswire.com/news/home/20170508005077/en/
Clough Capital Partners L.P.Tom Carter, ALPS, +1
303-623-2577tom.carter@alpsinc.comorClough Global Dividend and
Income Fund (NYSE MKT: GLV)Fund Services Group,
877-256-8445
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