CLOUGH GLOBAL DIVIDEND AND INCOME FUND ARTICLE 19 (a) NOTICE Declaration under Section 19 (a) of the Investment Companies Act 1940 | New


[ad_1]

DENVER, September 30, 2021 / PRNewswire / – Today, the Clough Global Dividend and Income Fund (NYSE MKT: GLV) (the “Fund”), a closed-end fund, paid a monthly distribution on its common shares of $ 0.0967 per share to shareholders of record at the close of business on September 21, 2021.

The following table shows the estimated amount of distribution sources for the purposes of section 19 of the Investment Companies Act 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total amount of the distribution per share, attributable (i) to the net investment income of the current year and to the previous year, (ii) to the net realized capital gain in the short term , (iii) the net long-term realized capital gain and (iv) a return of capital or other source of capital as a percentage of the total amount of the distribution. These percentages are disclosed for the current distribution as well as the cumulative distribution amount per share for the Fund since the beginning of the year.

Current distribution of:

Per share ($)

%

Net investment income

0.0000

0.00%

Short-term net capital gain

0.0000

0.00%

Long-term net realized capital gain

0.0967

100.00%

Repayment of capital or other source of capital

0.0000

0.00%

Total (per common share)

0.0967

100.00%

Cumulative distributions for the fiscal year from:

Per share ($)

%

Net investment income

0.0823

7.68%

Short-term net capital gain

0.0000

0.00%

Long-term net realized capital gain

0.3868

36.08%

Repayment of capital or other source of capital

0.6028

56.24%

Total (per common share)

1.0719

100.00%

The amounts and sources of distributions shown in this 19 (a) notice are estimates only and not for tax reporting purposes. The actual amounts and the sources of the amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to change depending on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year which will tell you how to report these distributions for federal income tax purposes. The Fund considers that it has distributed more than its income and net realized capital gains; therefore, part of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money you have invested in the Fund is returned to you. A return of capital distribution does not necessarily reflect the investment performance of the Fund and should not be confused with “return” or “income”.

The yield figures presented below are based on the change in the Fund’s Net Asset Value per Share (“NAV”), compared to the annualized distribution rate of this current distribution as a percentage of the NAV on the last business day of the preceding month. date of registration of the distribution.

Fund performance and distribution information

Fiscal year to date (from 01/01/2020 to 08/31/2021)

Annualized payout rate as a percentage of net asset value ^

10.24%

Cumulative distribution rate on NAV ^+

9.46%

Total cumulative return on net asset value *

24.58%

Average annual total return on net asset value for the 5-year period ending 8/31/2021 **

7.39%

Past performance does not represent future results.

^ Based on the net asset value of the Fund at August 31, 2021.

+The cumulative distribution rate is based on the distributions paid to date for the period November 1, 2020 through September 30, 2021.

* The cumulative return since the beginning of the year is based on the change in the net asset value, including distributions paid and assuming the reinvestment of such distributions and that all rights in the Fund’s rights offering have been exercised, for the period November 1, 2020 through August 31, 2021.

** The 5-year average annual total return is based on the change in net asset value, including distributions paid and assuming reinvestment of such distributions and that all rights in the Fund’s rights offering have been exercised, on last business day of the month preceding the month of the registration date of the current distribution.

Although the performance of the net asset value may be indicative of the performance of the Fund’s investments, it does not measure the value of a shareholder’s investment in the Fund. The value of a shareholder’s investment in the Fund is determined by the market price of the Fund, which is based on the supply of and demand for shares of the Fund in the open market. Shareholders should not draw any conclusions about the performance of the Fund’s investments from the amount of such distribution or the terms of the Fund’s Managed Distribution Plan.

In addition, the Foundation Board examines the amount of any potential distribution and the income, capital gains or available capital. The Board of Trustees will continue to monitor the distribution level of the Fund, taking into account the net asset value of the Fund and the financial market environment. The distribution policy of the Fund is subject to change by the Board of Trustees at any time. The payout rate should not be viewed as the dividend yield or the total return on an investment in the Fund.

ALPS Portfolio Solutions Distributor, Inc. A member firm of FINRA.

Clough Global Dividend & Income Fund (NYSE MKT: GLV)

1290 Broadway, suite 1000

Denver, CO 80203

View original content to download multimedia:https://www.prnewswire.com/news-releases/clough-global-dividend-and- Income-fund-section-19a-notice-statement-pursuant-to-section-19a-of-the-investment-company- deed of 1940-301388345.html

SOURCE Clough Global Dividend & Income Fund

[ad_2]

Comments are closed.