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Clough Global Equity Fund declares $0.1162 dividend

Jul. 08, 2022 6:43 AM ETClough Global Equity Fund (GLQ)By: Deepa Sarvaiya, SA News Editor4 Comments

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Comments (4)

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mistydoc profile picture
NAV down about 29% ytd. Hopefully climbing back this summer and fall, otherwise a major haircut starting in January with this managed distribution. Hesitant to buy more at its depressed, oversold price.
How can they keep the yield this high with NAV eroding? Are they simply using the Treasury securities they own in their portfolio as the cash needed to fund the the distribution?
mistydoc profile picture
@clovett01 Could be the case; they have a lot.
Way oversold.

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