Clough Global Equity:GLQ

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$5.48$6.73-18.57%
    52 Wk Avg$6.30$7.27-13.43%
    52 Wk High$7.76$7.90-1.81%
    52 Wk Low$5.37$6.66-19.67%
    Regular Distribution Type†Managed Distribution
    Distribution Rate13.12%
    Distribution Amount$0.0599
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's investment objective is to provide a high level of total return. The Fund seeksto pursue this objective by applying a fundamental research- driven investment process and will under normal circumstances invest at least 80% of its net assets, including any borrowings for investment purposes, in equity securities in both U.S. and non-U.S. markets of companies of any market capitalization.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$214.690M
    Total Common Assets:$128.709M
    Common Shares Outstanding:19,124,621
    Leverage

    As of 9/29/2023

    Preferred Share Assets:
    Total Debt (USD): $85.981M
    Regulatory Leverage (USD): $62.000M
    Effective Leverage (USD): $85.981M
    Effective Leverage (%): 40.05%
    Annual Expense Ratios

    As of 10/31/2022

      Per Common Share
    Management Fees1.73%
    Other Expenses:1.13%
    Baseline Expense: N/A
    Interest Expense:1.53%
    Total: 4.39%
    Fund Management

    Fund Sponsor
    Clough Capital Partners L.P.

    Portfolio Managers
    Charles I. Clough

    Basics
    Category: Equity-Global Equity
    Ticker: GLQ
    NAV Ticker: XGLQX
    Average Daily Volume (shares): 97,377
    Average Daily Volume (USD): $0.625M
    Inception Date: 4/27/2005
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: Yes
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 9/29/2023

    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.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 4/30/2023    		 -$0.0714
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		10.68%
    Total Return on NAV (12 months):
    As of 9/29/2023    		-1.24%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		40.05%

    Pricing Information

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

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-16.50%
    1 Year-13.43%
    3 Year-7.22%
    5 Year-7.91%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month-1.65
    6 Month-1.71
    1 Year-1.25
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF Global Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-7.96%0.81%1.41%4.47%
    2022-42.06%-39.57%-19.68%-16.35%
    20216.71%-5.01%22.88%12.89%
    202028.12%36.00%4.54%8.46%
    201923.94%20.70%28.86%22.23%
    2018-9.64%-8.50%-17.84%-12.39%
    201732.82%29.00%27.44%22.37%
    20160.11%-5.37%9.60%5.33%
    2015-4.60%-4.79%-9.26%-6.50%
    20142.25%2.87%2.67%1.91%
    201330.78%25.46%16.52%17.77%
    201218.48%14.61%15.75%13.21%
    2011-13.53%-10.85%-10.45%-6.27%
    201015.59%11.20%  
    200963.62%48.28%  
    2008-49.98%-43.67%  
    20079.30%15.40%  
    2006-1.11%9.34%  
    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 9/30/2023
    Category: Morningstar US CEF Global Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 5/31/2023    		140
    Annual Portfolio Turnover:
    As of 10/31/2022    		198.00%
    Average Bond Price:
    As of 5/31/2023    		$96.81
    Asset Allocation

    As of 5/31/2023

    Top Sectors

    As of 5/31/2023

    Sector%Portfolio
    Government (Super Sector)63.95%
    Government Related52.42%
    Sensitive (Super Sector)45.92%
    Defensive (Super Sector)30.67%
    Cyclical (Super Sector)30.24%
    Healthcare23.91%
    Technology20.83%
    Financial Services13.23%
    Consumer Cyclical12.45%
    Industrials12.24%
    State Allocation

    As of 5/31/2023

    State% Portfolio
    Puerto Rico0.00%
    Top Holdings

    As of 5/31/2023

    HoldingValue% Portfolio
    3 Month Sofr Fut Dec23$44.96M33.34%
    3 Month Sofr Fut Sep23$20.15M14.94%
    Alphabet Inc Class C$8.08M5.99%
    Microsoft Corp$5.94M4.41%
    Amazon.com Inc$5.09M3.77%
    Airbus SE$4.96M3.68%
    3 Month Sofr Fut Dec24$4.84M3.59%
    Raytheon Technologies Corp$4.38M3.25%
    TransDigm Group Inc$4.32M3.21%
    Johnson & Johnson$4.10M3.04%
    Credit Quality

    As of 5/31/2023

    Maturity Breakdown

    As of 5/31/2023

    Country Allocation

    As of 5/31/2023

    Country% Portfolio
    United States - Equity94.44%
    United States - Fixed Income17.54%
    India - Equity4.70%
    Netherlands - Equity3.69%
    China - Equity3.47%
    South Korea - Equity1.21%
    United Kingdom - Equity0.66%
    Switzerland - Equity0.61%
    Others - Equity0.59%
    Canada - Equity0.06%
    Spain - Equity0.06%
    United Kingdom - Fixed Income0.06%
    Singapore - Equity0.03%
    Australia - Equity0.03%
    Hong Kong - Equity0.03%
    Others - Fixed Income0.02%
    Germany - Fixed Income0.02%
    Sweden - Equity0.01%
    Israel - Equity0.01%
    Norway - Equity0.01%
    Spain - Fixed Income0.01%
    Taiwan - Equity0.01%
    Brazil - Fixed Income0.00%
    Mexico - Fixed Income0.00%
    Colombia - Fixed Income0.00%
    Canada - Fixed Income0.00%
    Ireland - Fixed Income0.00%
    France - Fixed Income0.00%
    Netherlands - Fixed Income0.00%
    South Africa - Fixed Income0.00%
    Australia - Fixed Income0.00%
    Switzerland - Fixed Income0.00%
    Belgium - Fixed Income0.00%
    India - Fixed Income0.00%
    Japan - Fixed Income0.00%
    Peru - Fixed Income0.00%
    Indonesia - Fixed Income0.00%
    Chile - Fixed Income0.00%
    Sweden - Fixed Income0.00%
    Singapore - Fixed Income0.00%
    Hungary - Fixed Income0.00%
    South Korea - Fixed Income0.00%
    Poland - Fixed Income0.00%
    China - Fixed Income0.00%
    Philippines - Equity0.00%
    Belgium - Equity0.00%
    Italy - Fixed Income-0.01%
    Japan - Equity-0.42%
    Germany - Equity-0.44%
    Italy - Equity-0.46%
    France - Equity-0.98%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    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. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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