Clough Global Equity Fund Section 19(a) Notice
In This Article:
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / September 30, 2024 / On September 30, 2024, the Clough Global Equity Fund (NYSE American:GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.0603 per share to shareholders of record at the close of business on September 17, 2024.
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
| Current Distribution from: | ||||||||
| Per Share ($) | % | |||||||
| Net Investment Income | 0.00000 | 0.00 | % | |||||
| Net Realized Short-Term Capital Gain | 0.00000 | 0.00 | % | |||||
| Net Realized Long-Term Capital Gain | 0.00000 | 0.00 | % | |||||
| Return of Capital or other Capital Source | 0.06030 | 100.00 | % | |||||
| Total (per common share) | 0.06030 | 100.00 | % | |||||
| Fiscal Year-to-Date Cumulative Distributions from: | ||||||||
| Per Share ($) | % | |||||||
| Net Investment Income | 0.00378 | 0.57 | % | |||||
| Net Realized Short-Term Capital Gain | 0.00000 | 0.00 | % | |||||
| Net Realized Long-Term Capital Gain | 0.00000 | 0.00 | % | |||||
| Return of Capital or other Capital Source | 0.65872 | 99.43 | % | |||||
| Total (per common share) | 0.66250 | 100.00 | % | |||||
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield' or ‘income.'