DENVER, Nov. 8, 2019 /PRNewswire/ -- Today, the Board of
Trustees (the "Board") for the Clough Global Dividend and Income
Fund (the "Fund") has declared a monthly cash distribution of
$0.1000 per common share. The
following dates apply to the distribution declared:
Ex-Date: November 19, 2019
Record Date: November 20, 2019
Payable Date: November 29, 2019
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 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. The Fund's portfolio
managers are Chuck Clough and
Rob Zdunczyk. As of October 31st, 2019 the fund had
approximately $175.7 million in total
assets. More information, 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 $1.8
billion in assets: $672
million in hedge fund and institutional accounts;
$85 million in open-end mutual funds;
and $1.015 billion in three
closed-end funds (as of September 30,
2019) – Clough Global Dividend and Income Fund (GLV), Clough
Global Equity Fund (GLQ), and Clough Global Opportunities Fund
(GLO).
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain an
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.
CLO001585 11/8/2020
View original content to download
multimedia:http://www.prnewswire.com/news-releases/clough-global-dividend-and-income-fund-declares-a-monthly-cash-distribution-of-0-1000-per-share-300954506.html
SOURCE Clough Global Dividend and Income Fund