DENVER, April 9, 2021 /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 $0.0967 per common share, payable
on the dates noted below. The Fund's managed distribution policy is
to set the monthly distribution rate at an amount equal to one
twelfth of 10% of the Fund's adjusted year-ending net asset value
per share ("NAV"), which will be the average of the NAVs as of the
last five business days of the prior calendar year.
The following dates apply to the distributions declared:
Ex-Date: April 19, 2021
Record Date: April 20, 2021
Payable Date: April 30, 2021
Ex-Date: May 19, 2021
Record Date: May 20, 2021
Payable Date: May 28, 2021
Ex-Date: June 18, 2021
Record Date: June 21, 2021
Payable Date: June 30, 2021
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 March 31st, 2021 the fund had approximately
$165.3 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 $2.2 billion in assets: $805 million in hedge fund and institutional
accounts; $130 million in open-end
mutual funds; and $1.3 billion in
three closed-end funds (as of March 31,
2021) – 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.
Clough Global Dividend and Income Fund (NYSE MKT: GLV)
1290 Broadway, Suite 1000
Denver, CO 80203
Contact: Fund Services Group at 877-256-8445
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