Clough Global Dividend and Income Fund
GLV
New York Stock Exchange American- -
USD
- -
- -
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
FRC
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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 - Income
- Address
- 53 State Street Boston MA United States of America 02109
- IPO Date
- Jul 28, 2004
- CIK
- 0001288795
- Website
- cloughglobal.com
- Similar Companies
- Business
- Clough Global Dividend and Income Fund (NYSE: GLV) is a closed-end balanced mutual fund that seeks a high level of total return through a fundamental research-driven investment process, investing in a flexibly managed mix of global equity and equity-related securities, as well as fixed income instruments including investment grade and non-investment grade debt; it allocates approximately 20% of its total assets to securities of governments and companies in emerging markets. The Fund, managed by Clough Capital Partners L.P., targets diversified sectors with a bottom-up stock-picking approach and follows a managed distribution policy targeting monthly payments of at least one-twelfth of 10% of its adjusted year-end net asset value, sourced from net investment income, realized gains, and return of capital. Founded in 2004 and headquartered in Denver, Colorado, the Fund operates globally, serving retail and institutional investors seeking income and growth. In recent developments, the Fund declared monthly cash distributions of $0.0526 per common share for October, November, and December 2025, payable on October 31, November 28, and December 31, 2025, respectively, with fiscal year-to-date distributions totaling $0.63120 per share as of late 2025, of which approximately 87.30% represents return of capital. As of September 30, 2025, total assets stood at approximately $126.5 million, reflecting ongoing portfolio management amid market conditions; Bill Whelan was named Co-Portfolio Manager of Clough's closed-end funds, including GLV, in 2023 alongside Charles I. Clough, Jr. The Fund continues to emphasize thematic positions in sectors such as aerospace and defense, energy, and hyperscalers, with no reported acquisitions, partnerships, or major reorganizations in the last 1-2 years.