FMP
Clough Global Equity Fund
GLQ
NYSE
Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation. The fund follows a theme-based investment process which involves focusing on such events as industry consolidation, technological change, an emerging shortage of a product or raw material, and changes in government regulations. It benchmarks the performance of its portfolio against the S&P 500 Index. Clough Global Equity Fund was formed on January 25, 2005 and is domiciled in the United States.
6.92 USD
0.0208 (0.301%)
Seeking Alpha
Jun 27, 2024
The Clough Global Equity Fund offers a high yield of 10.50%, which is higher than most of its peers and will likely appeal to income-seeking investors. The GLQ closed-end fund primarily invests in equity securities, which may be more beneficial in combating inflation compared to fixed-income securities. The fund has a higher level of American exposure than its peers, so it is not as good of a choice for those who are looking for global diversification.
Seeking Alpha
Oct 11, 2023
The Clough Global Equity Fund is heavily invested in the United States, which may not be ideal for American investors seeking geographic diversification. The GLQ closed-end fund has experienced significant losses, down 64.83% since November 2021, due to its high level of leverage and exposure to the American equity markets. Despite its poor performance, the fund offers a high distribution yield of 12.93%, which may offset some of the share price declines for investors.
Seeking Alpha
Apr 14, 2023
The GLQ fund aims to deliver high total returns from a portfolio of global equities. The GLQ fund is managed by star manager Charles Clough.
Seeking Alpha
Jan 13, 2023
Clough Global Equity Fund's assets have high exposure (both long & short) in stocks of ICT, financial, industrial, and healthcare - sectors that have high growth potential. GLQ's investments in stocks of aerospace and defense companies generated strong price growth during 2022. This might be the likely impact of Russia's invasion of Ukraine and increased military expenditures.
Seeking Alpha
Jan 13, 2023
GLQ is an actively managed closed-end fund that invests primarily in equities while utilizing leverage. Our data shows that GLQ has been among the worst-performing equity CEFs in the market over the past year.
Seeking Alpha
Oct 17, 2022
Clough Global Equity Fund (GLQ) is a 60/40 CEF with leverage on top. 60/40 portfolios are having the worst annual performance since 1974, and GLQ has not been spared.
Seeking Alpha
Feb 18, 2022
GLQ is a closed end fund focused on global equities. The fund is currently 84% allocated to equities with a 14% bucket dedicated to US government debt.
Seeking Alpha
Jan 4, 2022
20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.
Seeking Alpha
Nov 8, 2021
American markets are incredibly overvalued right now, which could pose a risk to investors. GLQ purports to be a global fund that could therefore help reduce their risks but it is currently heavily exposed to America.
PRNewsWire
Oct 8, 2021
DENVER, Oct. 8, 2021 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.1341 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-ending net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the ...