# Clough Global Dividend and Income Fund (GLV): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/glv for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2004-07-28 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... ## Key Facts | Metric | Value | |---|---| | Price | $5.75 | | Expense Ratio | 3.06% | | Market Value | $71.4M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 11.67% | | Annual Distribution (TTM) | $0.67 /share | | Distribution Frequency | Monthly | | 52-Week Range | $5.65 – $6.65 | | Beta | 0.77 | ## Latest Distribution - Amount: $0.0566 /share - Ex-date: 2026-10-19 - Pay date: 2026-10-30 ## Next Distribution (Declared) - Amount: $0.0566 /share - Ex-date: 2026-11-17 - Pay date: 2026-11-30 ## Frequently Asked Questions ### 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. ### Does GLV pay a dividend? Yes, Clough Global Dividend and Income Fund (GLV) distributes dividends to shareholders. The trailing-twelve-month yield is 11.67%. Full dividend history is on this page. ### How often does GLV pay dividends? Clough Global Dividend and Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GLV's next ex-dividend date? The most recently announced ex-dividend date for GLV was 2026-12-17. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GLV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.06% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GLV charge its expense ratio? The expense ratio is deducted in tiny daily slices from GLV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GLV cost more than a fund like VOO? GLV is actively managed (current expense ratio 3.06%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GLV's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GLV? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as GLV (3.06%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/glv - Distribution history: https://www.dividenddata.com/funds/glv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/glv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/glv/expenses - Peer comparison: https://www.dividenddata.com/funds/glv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.