Clough Global Dividend and Income Fund

Frequently Asked Questions About GLV

What does GLV invest in?

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. For its fixed income portion, it invests in corporate and sovereign debt. It invest in fixed income securities having a maturity ranging from 30 days to over 30 years. The fund invests in non-U.S. markets primarily through liquid securities, including depositary receipts. Its equity portion primarily invests in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to make its investments. It primarily employs a theme-oriented investment approach which emphasizes on industry consolidation, technological change, an emerging shortage of a product or raw material which derives from a period of under-investment, and changes in government regulation or major economic or investment cycles. The fund's research process includes identifying shortages, global geographic growth opportunities, and unique global credit market opportunities. The fund was formerly known as Clough Global Allocation Fund. Clough Global Dividend and Income Fund was formed on April 27, 2004 and is domiciled in the United States.

What is the expense ratio of GLV?

Clough Global Dividend and Income Fund (GLV) charges an expense ratio of 3.06%. This is the annual fee deducted from fund assets to cover management and operations.

What is GLV's dividend yield?

GLV's trailing-twelve-month yield is 11.67%, calculated from the sum of dividends over the past year divided by the current price.

How big is GLV?

Clough Global Dividend and Income Fund (GLV) has a market value of $71.4M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is GLV actively managed or an index fund?

GLV is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GLV's is 3.06%) in exchange for the discretion to over- or under-weight positions.

When was GLV launched?

Clough Global Dividend and Income Fund (GLV) launched in July 2004 and is managed by the fund issuer.