Clough Global Allocation:GLV

    Overview

    As of 10/30/2014

     Share
    Price
    NAVPremium/
    Discount
    Current$14.36$16.83-14.68%
    52 Wk Avg$15.10$17.40-13.24%
    52 Wk High$15.89$18.10-10.44%
    52 Wk Low$13.21$15.86-16.71%
    Regular Distribution TypeIncome Only
    Distribution Rate8.77%
    Distribution Amount$0.1050
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks a high total return through investment in equity securities, global corporate and sovereign debt

    Capital Structure

    As of 10/30/2014

    Total Net Assets:$332.874M
    Total Common Assets:$175.614M
    Common Shares Outstanding:10,434,606
    Leverage

    As of 3/31/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $93.000M
    Structural Leverage (USD): $93.000M
    Structural Leverage (%): 33.80%
    Effective Leverage (USD): $157.000M
    Effective Leverage (%): 46.26%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 3/31/2014

      Per Common Share
    Management Fees1.33%
    Other Expenses:0.61%
    Baseline Expense: 1.94%
    Interest Expense:0.72%
    Total: 2.66%

    Fund Management

    Fund Sponsor
    Clough Capital Partners L.P.

    Portfolio Managers
    Eric Brock (27 Jul 2004) / Charles I JR Clough (27 Jul 2004)

    Basics
    Category:Non-US/Other-Global Growth & Income
    Ticker:GLV
    NAV Ticker:XGLVX
    Average Daily Volume (shares):32,000
    Average Daily Volume (USD):$0.475M
    Inception Date:7/28/2004
    Inception Share Price:$20.00
    Inception NAV:$19.06
    Tender Offer:No
    Term:No
    Fiscal Year End:March 31
    Third Party Links & Reports

    Distributions

    As of 10/30/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 3/31/2014
    -$0.0244
    Annualized Distribution Rate on NAV:
    As of 10/30/2014
    7.49%
    Total Return on NAV (12 months):
    As of 10/30/2014
    4.42%
    Avg. UNII Per Share:
    As of 3/31/2014
    -$0.0025
    Total % Portfolio Effectively Leveraged:
    As of 10/30/2014
    46.26%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/30/2014

    PeriodAvg Discount
    6 Month-13.05%
    1 Year-13.24%
    3 Year-13.59%
    5 Year-12.56%
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/30/2014
    Category: Global Hybrid (Growth & Income)

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD2.09%0.89%5.55%2.80%
    201321.59%21.02%16.36%18.46%
    201217.57%15.31%20.58%16.39%
    2011-12.26%-10.31%-6.79%-5.07%
    201012.33%12.11%17.97%14.23%
    200955.58%43.41%55.37%38.40%
    2008-45.61%-40.74%-46.04%-40.39%
    20078.23%15.57%-0.60%9.42%
    2006-10.18%7.04%15.46%16.57%
    200538.38%23.52%6.00%8.38%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 10/30/2014
    Category: Global Hybrid (Growth & Income)

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 8/31/2014
    198
    Annual Portfolio Turnover:
    As of 3/31/2014
    25.00%
    Asset Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Top Sectors

    As of 6/30/2014 reported by Fund Sponsor

    Sector%Portfolio
    General Equity 64.39%
    Net Current Assets 21.81%
    Debt - Short 7.61%
    Debt - Asset-Backed Sec 2.20%
    Debt - Corporate 1.76%
    Debt - Agency 1.27%
    ETF 0.81%
    Derivatives (War Opt Fut)0.16%
    Top Holdings

    As of 8/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Morgan Stanley Inst Lqudty Prime Inst 0.06 30 Jun 2070$8.56M2.51%
    Citigroup Inc$6.80M2.00%
    Western Union Company$5.56M1.63%
    D.R. Horton Incorporated$5.32M1.56%
    Bank of America Corporation$5.22M1.53%
    Seagate Technology PLC$5.21M1.53%
    Lennar Corporation$4.73M1.39%
    Two Harbors Investment Corp$3.88M1.14%
    Signet Jewelers Ltd.$3.70M1.08%
    Western Digital Corporation$3.68M1.08%
    AutoNation Inc$3.64M1.07%
    Country Allocation

    As of 6/30/2014 reported by Fund Sponsor

    Country% Portfolio
    Global 87.47%
    USA 12.53%

    CEFConnect.com makes data for the universe of closed-end funds available as a courtesy to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value.

    Data provided by MorningstarData Provided by Morningstar