Clough Global Dividend and Income Fund Declares Monthly Cash Distribution, Payable on January 31, 2018
January 12, 2018 at 06:00 am EST
Share
Clough Global Dividend and Income Fund has declared a monthly cash distribution of $0.1218 per common share. This distribution is a continuation of the discount management plan which includes a 10% per annum managed distribution program. Ex-Date is January 19, 2018. Record Date is January 22, 2018. Payable Date is January 31, 2018.
Clough Global Dividend and Income Fund (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide a high level of total return. It seeks to invest at least 80% of its net assets, including any borrowings for investment purposes, in equity securities in both United States and non-United States markets. It invests in a managed mix of equity and debt securities. The Fund may not invest more than 33% of its total assets in securities (including equity and fixed income securities) of governments and companies in emerging markets. The Fund also invest a portion of its assets in real estate investment trusts (REITs). It may not invest more than 10% of its total assets in debt securities rated below investment grade. In addition to shorting to hedge equity risk, the Fund may utilize instruments including, exchange traded funds (ETFs), derivative positions and U.S. Treasury securities. Clough Capital Partners L.P. is the Fund's investment adviser.
CLOUGH GLOBAL DIVIDEND AND INCOME FUND 
