Clough Global Opportunities Fund Announces Rights Offering
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DENVER, May 10, 2021 /PRNewswire/ The Board of Trustees of the Clough Global Opportunities Fund ( GLO or the Fund ) has authorized and set the terms for a transferable rights offering ( the Offering ).
Shareholders of record as of May 25, 2021 ( Record Date ) will receive one transferable right for every share held. For every three rights, rights holders can subscribe for one new share of common stock at the subscription price.
Subscription price will be calculated as the higher of 95% of market price or 85% of net asset value ( NAV ) on expiration date. Market price per common share will be determined based on the average of the last reported sales prices of a common share on the NYSE American for the five trading days preceding the Expiration Date (not including sales price on the Expiration Date). Expiration Date is expected to be June 22
Clough Global Opportunities Fund Section 19(a) Notice Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
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DENVER, April 30, 2021 /PRNewswire/ Today, the Clough Global Opportunities Fund (NYSE MKT: GLO) (the Fund ), a closed-end fund, paid a monthly distribution on its common stock of $0.1087 per share to shareholders of record at the close of business on April 20, 2021.
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 distrib
Clough Global Dividend and Income Fund Section 19(a) Notice Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Reaves Utility Income Fund Section 19(a) Notice
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
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DENVER, April 30, 2021 /PRNewswire/ On April 30, 2021, the Reaves Utility Income Fund (NYSE MKT: UTG) (the Fund ), a closed-end sector fund, paid a monthly distribution on its common stock of $0.18 per share to shareholders of record at the close of business on April 23, 2021.
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. In accordance with generally accepted accounting principles ( GAAP ), 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) re
Clough Global Equity Fund Section 19(a) Notice Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
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DENVER, April 30, 2021 /PRNewswire/ Today, the Clough Global Equity Fund (NYSE MKT: GLQ) (the Fund ), a closed-end fund, paid a monthly distribution on its common stock of $0.1341 per share to shareholders of record at the close of business on April 20, 2021.
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.