Clough Global Equity Fund Declares Monthly Cash Distribution

The Clough Global Equity Fund has announced its monthly cash distribution for October 2023. The Board of Trustees declared a distribution of $0.0599 per common share, payable on October 31, 2023. Shareholders on record as of October 20, 2023, will be eligible to receive the distribution.

The Fund follows a managed distribution policy, setting the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund’s adjusted year-end net asset value per share. This distribution rate is based on the average of the NAVs as of the last five business days of the previous calendar year.

The Fund’s investment objective is to provide a high level of total return. It utilizes Clough Capital Partners L.P.’s research-driven, thematic process and has a global, flexible mandate. The Fund invests at least 80% in equity and equity-related securities in both U.S. and non-U.S. markets, with the remainder in fixed income securities.

Chuck Clough and Bill Whelan serve as the portfolio managers for the Clough Global Equity Fund. As of September 29, 2023, the Fund had approximately $211.7 million in total assets.

Investors interested in the Fund can find more information, including the Fund’s dividend reinvestment plan, at www.cloughglobal.com or by calling 1-855-425-6844.

Clough Capital Partners L.P., the investment advisory firm managing the Fund, currently manages approximately $1.3 billion in assets across various funds and accounts.

Please note that a portion of the distribution may be treated as paid from sources other than net income, such as short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions will be made after year-end.

Investors are advised to carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. The annual report or semi-annual report, which contains detailed information, can be obtained at www.cloughglobal.com or by calling 1-855-425-6844. It is recommended to read the prospectus carefully before making any investment decisions.

The Clough Global Equity Fund is a closed-end fund, and its shares trade in the secondary market. Investors looking to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market’s value.

This announcement by the Clough Global Equity Fund provides investors with an opportunity to benefit from the Fund’s monthly cash distribution and its investment objective of providing a high level of total return.