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Note on Section 19(a) of the Clough Global Equity Fund





Clough Global Equity Fund (GLQ) announced its monthly distribution of $0.0603 per share on October 31, 2024 to shareholders of record on October 18, 2024. The distribution analysis shows that 100% of the current distribution comes from return of capital. For the current financial year, 99.48% comes from return on capital and 0.52% from net investment income. The fund's performance shows one annualized payout ratio of 9.00% and a cumulative total return of 38.02% for the current financial year. The fund's 5-year average annual total return is 4.25% as of September 30, 2024.

Clough Global Equity Fund (GLQ) I announced his own sales department $0.0603 per day On October 31, 2024, the Azionists were registered on October 18, 2024. The current sales analysis showed that the current sales were 100% based on a capital report. At the beginning of the year, the return on capital was 99.48% and the net investment was 0.52%. The performance of the Fondo mostrano un annual distribution fee of 9.00% e un Overall rating 38.02% Fino ad oggi per l'anno fiscale. The full annual report was not rated 5 years ago and is 4.25% through September 30, 2024.

Clough Global Equity Fund (GLQ) Announcement of the meal distribution $0.0603 per action As of October 31, 2024, registered shareholders were registered on October 18, 2024. The distribution analysis showed that the actual distribution resulted from 100% return of capital. By the end of the year, the return on capital was 99.48% and the net reversion was 0.52%. El desempeño del Fondo muestra un Annual distribution fee of 9.00% You are un Total refund of 38.02% hasta la fecha en el fiscal year. The full year return over the last 5 years up to September 30, 2024 was 4.25%.

Clough Global Equity Fund (GLQ)On October 31, 2024 on October 10, 2024 on October 18, 2024 More than $0.0603I took the time to lose time. 100% 100% 100% 100% 100% quality. Maximum temperature: 99.48% at maximum temperature, 0.52% at maximum temperature. 펀드의 성과는 Total price 9.00%이고, 올해 회계 연도 누계 38.02%임을 보여줍니다. September 5, 2024, September 9 30 days, 4.25%.

Clough Global Equity Fund (GLQ) an announcement for monthly distribution $0.0603 face value On October 31, 2024, all shareholders registered until October 18, 2024 were registered. In the current financial year, the return on capital is 99.48% and the net investment return is 0.52%. La performance du fonds montre un Annual payout ratio of 9.00% etc Cumulative total return of 38.02% For the entire financial year. The annual total return for 5 months ending September 30, 2024 is 4.25%.

Clough Global Equity Fund (GLQ) Has its monthly distribution of $0.0603 per share announced on October 31, 2024, to shareholders registered by October 18, 2024. Analysis of the distribution shows that the current distribution comes 100% from capital returns. For the year to date, 99.48% comes from capital returns and 0.52% comes from net investment income. The fund's performance shows one thing annualized distribution interest of 9.00% and one cumulative total return of 38.02% for the financial year to date. The fund's average annual total return over the past 5 years is 4.25% as of September 30, 2024.











Statement pursuant to Section 19(a) of the Investment Company Act of 1940

DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, Clough Global Equity Fund (NYSE American:GLQ) (the “Fund”), a closed-end fund, paid a monthly distribution on its common shares $0.0603 per share to shareholders of record as of the close of business on October 18, 2024.

The following table sets forth the estimated amount of sources of distributions for purposes of Section 19 of the Investment Company Act of 1940, as amended, and related rules. The Fund estimates the following percentages of the total distribution amount per Share attributable to (i) net investment income for the current and prior fiscal years, (ii) net realized short-term capital gain, and (iii) net realized long-term capital gain, and (iv) return on capital or other sources of capital expressed as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as for the cumulative distribution amount per share of the fund in the current financial year.

Current distribution of:

Per share ($)

%

Net investment income

0.00000

0.00

%

Net realized short-term capital gain

0.00000

0.00

%

Net realized long-term capital gain

0.00000

0.00

%

Return on investment or other source of capital

0.06030

100.00

%

Total (per common share)

0.06030

100.00

%

Cumulative distributions for the current financial year of:

Per share ($)

%

Net investment income

0.00378

0.52

%

Net realized short-term capital gain

0.00000

0.00

%

Net realized long-term capital gain

0.00000

0.00

%

Return on investment or other source of capital

0.71902

99.48

%

Total (per common share)

0.72280

100.00

%

The amounts and sources of distributions set forth in this 19(a) Notice are estimates only and are not intended for tax reporting purposes. The actual amounts and sources of amounts for tax reporting purposes will depend on the Fund's investment experience for the remainder of the fiscal year and may be subject to change due to tax regulations. The Fund will send you a Form 1099-DIV for the calendar year explaining how to report these distributions for federal income tax purposes. The Fund estimates that it has distributed more than its income and net realized capital gains; Therefore, part of your distribution may be a return of capital. For example, a return of capital can occur when all or part of the money you have invested in the fund is returned to you. A return on capital does not necessarily reflect the investment performance of the fund and should not be confused with “yield” or “income.”

Set forth below are the return figures based on the change in the Fund's net asset value per share (“NAV”) compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last business day of the month prior to the distribution record date.

Information on the performance and distribution of the fund

Fiscal year to date (November 1, 2023 to September 30, 2024)

Annualized distribution rate as a percentage of net asset value^

9.00

%

Cumulative payout rate on NAV^+

8.99

%

Cumulative Total Return of Net Asset Value*

02/38

%

Average annual total return on net asset value for the 5-year period ending 09/30/2024**

4.25

%

Past performance is no indication of future results.

^ Based on the fund's net asset value as of September 30, 2024.

+The cumulative distribution rate is based on distributions paid to date for the period from November 1, 2023 to
October 31, 2024.

*The cumulative return for the current financial year is based on the change in net asset value including distributions paid and assuming reinvestment of these distributions and assuming that all rights in the rights offering of the fund for the period from November 1, 2023 to September 30, 2024 were exercised.

**The 5-year average annual total return is based on the change in net asset value including distributions paid and assuming reinvestment of such distributions and assuming that all rights in the Fund's rights offering were exercised on the last business day of the month preceding the current one Distribution deadline.

Although NAV performance may provide an indication of the Fund's investment performance, it does not measure the value of a Shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the market price of the Fund, which is based on the supply and demand for the Fund's shares in the open market.

Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.

In addition, the board of trustees examines the amount of any distribution as well as the income, capital gains or the available capital. The Board of Trustees will continue to monitor the Fund's distribution levels, taking into account the Fund's net asset value and the financial market environment. The fund's distribution policy can be changed at any time by the board of trustees. The distribution rate should not be viewed as a dividend yield or total return on an investment in the Fund.

Contact information:

Website: https://www.cloughcefs.com/

Email: [email protected]

SOURCE: Clough Global Equity Fund | GLQ

View the original press release at accesswire.com








FAQ



What is the monthly distribution amount for the Clough Global Equity Fund (GLQ) in October 2024?

Clough Global Equity Fund (GLQ) paid a monthly distribution of $0.0603 per share on October 31, 2024.


What percentage of GLQ's current distribution comes from return on capital?

The current distribution comes 100% from capital returns or other capital sources.


What is GLQ's cumulative total return for fiscal year 2023-2024?

The Fund's cumulative total return on net asset value for the period from November 1, 2023 to September 30, 2024 is 38.02%.


What is GLQ's 5-year average annual total return as of September 2024?

The fund's 5-year average annual total return is 4.25% (as of September 30, 2024).





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