How do clients use GLV in their allocation models?

GLV can be an excellent solution for investors looking for diversified global income while maintaining exposure to both equities and fixed income securities. This closed-end fund is designed to deliver a high level of total return through a well-constructed portfolio of dividend-paying stocks and fixed income investments across international markets. Click here to schedule a time to explore how GLV can help strengthen your portfolio with reliable global income.

Overview

Portfolio

Performance

Distributions

Fund Documents

As of (02/06/2026)

NAV:

$7.06

Market Price:

$6.33

Premium/(Discount):

-10.34%

Distribution Yield:

10.73%

Overview

Objective

Searching globally for the most opportunistic investments in the capital markets, the Clough Global Dividend and Income Fund’s (the “Fund’’) investment objective is to provide a high level of total return. The Fund seeks to pursue this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt, in both U.S. and non-U.S. markets.

Fund Content

The Fund intends to invest in a managed mix of equity and debt securities. The Fund is flexibly managed so that, depending on the Fund’s investment adviser’s outlook, it sometimes will be more heavily invested in equity securities or in debt or fixed income securities. Investments in non-U.S. markets will be made primarily through liquid securities, including depositary receipts (which evidence ownership in underlying foreign securities). Investments in corporate debt may include both investment grade and non-investment grade issues. Non-investment grade debt issues are commonly referred to as “high yield” or “junk bonds” and are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. The Fund will not invest more than 20% of its total assets in securities rated, at the time of acquisition, below investment grade. Investments in sovereign debt may also include bonds issued by countries considered emerging markets. The Fund will not invest more than 20% of its total assets, at the time of acquisition, in securities of governments and companies in emerging markets.

The Investment Process

Portfolio Manager

Charles I. Clough, Jr., CFA

The CFA charter is a qualification for finance and investment professionals, particularly in the fields of investment management and financial analysis of stocks, bonds and their derivative assets. The program focuses on portfolio management and financial analysis, and provides a generalist knowledge of other areas of finance. It is a graduate level self study program offered by the CFA Institute (formerly AIMR) to investment and financial professionals. A candidate who successfully completes the program and meets other professional requirements is awarded a “CFA charter” and becomes a “CFA charterholder”.

Chairman, CIO, Partner & Portfolio Manager: Clough Closed-End Funds

Chuck Clough is the Chairman and Chief Investment Officer of Clough Capital. He has been active in the securities and investment business for over 59 years. Prior to founding Clough Capital, Chuck served as the Chief Global Investment Strategist from 1987 through 1999 at Merrill Lynch & Co., Inc. During this time, he advised many of the world’s top institutions and investors on portfolio strategy.

Prior to his tenure at Merrill Lynch, Chuck was Director of Investment Policy and Chief Strategist at Cowen & Co. Previously, he served as the Director of Research and a Portfolio Manager at the Boston Company, a Portfolio Manager at Colonial Management Associates and a Vice President and Senior Research Analyst for both Donaldson, Lufkin & Jenrette and Alliance Capital Management Company.

Chuck serves on the boards of a number of medical, educational and charitable institutions, including his alma mater, Boston College. Chuck graduated magna cum laude with a major in History and a minor in Economics from Boston College and earned an MBA at the University of Chicago. He has been a CFA® charterholder since 1979. Chuck is an ordained permanent deacon in the Roman Catholic Archdiocese of Boston and serves in that capacity at his local parish in Concord, MA.

Bill Whelan

Partner & Portfolio Manager: Clough Closed-End Funds

Bill Whelan joined Clough Capital in 2014 and has over 19 years of experience in the investment management industry. In 2023, Bill was named Co-Portfolio Manager of the Firm’s three closed-end funds. Prior to joining the Clough Capital, Bill was an Investment Principal at Partners Capital, a private investment office focused on multi-asset class investing, from 2010 to 2014. Previously, Bill was an Equity Research Analyst at Millennium Management, a multi-strategy hedge fund, from 2008 to 2009 and at Fidelity Management and Research from 2005 to 2008. Bill earned a B.A. in Economics from Harvard College.

Portfolio

As of (12/31/2025)

Top 10 Long Equity Holdings

Holding Name

% of Net Assets

-

Total

0.00%

Download Holdings View Full Holdings

According to the Fund’s holding disclosure policy, as approved by the Board of Trustees, the release of the month-end holdings information will be delayed at least 30 days.

Holdings and allocations are subject to change. There is no guarantee the Fund continues to invest in the securities referenced.

Performance

As of (12/31/2025)

1-Year

3-Year

5-Year

10-Year

Since Inception

Net Asset Value

23.84%

10.16%

1.32%

4.09%

5.63%

Market Price

24.64%

9.78%

1.35%

3.87%

4.75%

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As of (01/31/2026)

1-Month

3-Month

YTD

Net Asset Value

4.19%

3.69%

6.14%

Market Price

6.14%

5.17%

4.19%

← Swipe to see additional data →

Fund inception: 7/28/2004.

Performance represents past performance and does not guarantee future results. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.

Performance reflects the deduction of management fees and other applicable expenses and assumes that all rights in the Fund’s rights offering were exercised. Dividends and distributions, if any, are assumed for the purpose of this calculation to be reinvested at a price obtained under the Fund’s dividend reinvestment plan. Returns do not reflect brokerage commissions on the purchase or sale of the Fund’s shares. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares.

The Morningstar Global Allocation Index represents a multi-asset class portfolio of 60% global equities and 40% global bonds. The asset allocation within each class is driven by Morningstar asset allocation methodology. To maintain broad global exposure and diversification, the index consists of equities & fixed income and utilizes global, float-weighted index methodology to determine allocation to U.S. and non-U.S. The fund’s investments in securities of foreign issuers are subject to risks not usually associated with owning securities of U.S. issuers. These risks can include fluctuations in foreign currencies, foreign currency exchange controls, social, political and economic instability, differences in securities regulation and trading, expropriation or nationalization of assets, and foreign taxation issues. Performance information for the listed index is for illustrative purposes only and does not represent actual fund performance. Indexes do not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the performance shown. Indexes are unmanaged and an investor cannot invest directly in an index.

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