Clough Global Equity:GLQ

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$6.66$7.77-14.35%
    52 Wk Avg$6.59$7.81-15.54%
    52 Wk High$7.30$8.48-12.13%
    52 Wk Low$5.79$7.10-18.40%
    Regular Distribution TypeManaged Distribution
    Distribution Rate10.87%
    Distribution Amount$0.0603
    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 seeks to 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 12/20/2024

    Total Investment Exposure:$206.481M
    Total Common Assets:$146.117M
    Common Shares Outstanding:18,805,321
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $60.364M
    Regulatory Leverage (USD): $29.000M
    Effective Leverage (USD): $60.364M
    Effective Leverage (%): 29.23%
    Annual Expense Ratios

    As of 10/31/2024

      Per Common Share
    Management Fees1.59%
    Other Expenses:0.96%
    Baseline Expense: N/A
    Interest Expense:3.05%
    Total: 5.60%
    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): 76,911
    Average Daily Volume (USD): $0.508M
    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 12/20/2024

    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

    *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 4/30/2024
    -$0.0145
    Annualized Distribution Rate on NAV:
    As of 12/20/2024
    9.31%
    Total Return on NAV (12 months):
    As of 12/20/2024
    25.49%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024
    29.23%

    Pricing Information

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

    As of 12/20/2024

    PeriodAvg Discount
    6 Month-14.19%
    1 Year-15.54%
    3 Year-11.03%
    5 Year-10.19%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-0.62
    6 Month-0.24
    1 Year0.77
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Global Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD27.96%20.32%18.41%12.78%
    20232.71%11.30%13.00%14.56%
    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%  
    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 11/30/2024
    Category: Morningstar US CEF Global Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 10/31/2024
    70
    Annual Portfolio Turnover:
    As of 10/31/2024
    122.00%
    Asset Allocation

    As of 10/31/2024

    Top Sectors

    As of 10/31/2024

    Sector%Portfolio
    Sensitive (Super Sector)37.77%
    Cyclical (Super Sector)28.06%
    Cash Equivalents (Super Sector)18.35%
    Cash Equivalents18.35%
    Consumer Cyclical16.74%
    Technology16.73%
    Defensive (Super Sector)15.79%
    Healthcare11.04%
    Industrials8.69%
    Financial Services7.84%
    Top Holdings

    As of 10/31/2024

    HoldingValue% Portfolio
    Apple Inc$9.99M5.66%
    Microsoft Corp$9.70M5.50%
    Alphabet Inc Class C$8.45M4.79%
    Amazon.com Inc$7.67M4.35%
    Carnival Corp$5.43M3.08%
    Airbus SE$5.11M2.90%
    TransDigm Group Inc$5.09M2.89%
    SK Hynix Inc$4.53M2.57%
    Royal Caribbean Group$4.17M2.36%
    PulteGroup Inc$4.02M2.28%
    Credit Quality

    As of 10/31/2024

    Country Allocation

    As of 10/31/2024

    Country% Portfolio
    United States - Equity68.62%
    Netherlands - Equity2.90%
    China - Equity2.64%
    India - Equity2.57%
    South Korea - Equity2.57%
    Switzerland - Equity1.89%
    Brazil - Equity0.75%
    Germany - Equity-0.32%

    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.

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