Clough Global Equity Fund
GLQ
New York Stock Exchange American- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Edmund Joseph Burke
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 53 State Street Boston MA United States of America 02109
- IPO Date
- Apr 27, 2005
- CIK
- 0001316463
- Website
- cloughglobal.com
- Similar Companies
- Business
- Clough Global Equity Fund (GLQ) is a closed-end equity mutual fund launched and managed by Clough Capital Partners L.P. that seeks a high level of total return through a research-intensive, thematic investment process focused on global equity securities. The Fund, under normal circumstances, invests at least 80% of its net assets, including borrowings for investment purposes, in equity securities and equity-related instruments of companies of any market capitalization in both U.S. and non-U.S. markets; it allocates the remainder to fixed-income securities such as corporate and sovereign bonds; investments in non-U.S. markets are made primarily through liquid securities including depositary receipts and exchange-traded funds; the portfolio employs fundamental and quantitative analysis with a bottom-up stock picking approach, emphasizing company competitive position, management quality, earnings visibility, balance sheet strength, relative valuation, and themes such as industry consolidation, technological change, emerging shortages, and regulatory shifts; recent portfolio holdings include major positions in Amazon.com Inc., Microsoft Corp., Carnival Corp. & plc, Broadcom Inc., and Philip Morris International Inc., with new investments in Teledyne Technologies Inc., L3Harris Technologies Inc., Kratos Defense & Security Solutions Inc., Las Vegas Sands Corp., and Dentsply Sirona Inc.. Formed on January 25, 2005, and domiciled in the United States with headquarters at 1700 Broadway, Suite 1850, Denver, Colorado, the Fund trades on the NYSE American exchange and benchmarks its performance against the S&P 500 Index; it serves retail and institutional investors seeking diversified global equity exposure with income through a managed distribution policy.. In recent developments, the Fund's Board of Trustees declared monthly cash distributions of $0.0650 per common share for July through December 2025, maintaining consistency with prior quarterly announcements; Saba Capital Management L.P. significantly increased its stake by 413,371 shares (77.23%) on December 8, 2025, at $7.70 per share, bringing its holdings to 948,624 shares or 5.06% of the Fund and signaling institutional confidence; the Fund issued a Section 19(a) notice in November 2025 regarding distribution composition, and portfolio managers Chuck Clough and Bill Whelan continue to oversee its flexible global strategy amid total assets of approximately $244.4 million as of mid-2025..