Market Overview

Clough Global Allocation Fund Announces Monthly Cash Distribution of $0.105/Share

Share:

The Board of Trustees for the Clough Global Allocation Fund (NYSE MKT: GLV) has approved a change from quarterly to monthly cash distributions
and has declared a monthly distribution of $0.105 per common share,
payable on the dates noted below. This represents an increase in the
annualized distribution rate of $0.06 per share, 5.00%. Based on the
Fund's current share price of $14.90 and net asset value per share of
$17.66 (as of close on December 11, 2013), the new distributions
represent an annualized distribution rate of 8.46% and 7.13%,
respectively. The Fund has approximately $335 million in total assets.

The following dates apply to the distributions declared:

See full press release

 

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