GLQ - Clough Global Equity Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Aug 14, 2026

   RiverNorth sold down below 5% and stopped reporting.

   Original document →

2. June 4, 2026

   Saba sold down below 5% and stopped reporting.

   Original document →

3. May 15, 2026

   RiverNorth cut its stake to 6.6% (from 7.8%), as a passive investor.

   Original document →

4. May 8, 2026

   Saba raised its stake to 5.7% (from 5%). It has said it may push for changes.

   Original document →

5. March 4, 2026

   Sit Investment raised its stake to 11.2% (from 5.4%), as a passive investor.

   Original document →

About this fund

• Run by Clough Capital Partners L.P. Part of the Clough fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Size: about $173 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 32% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 1.3% a year in management fees; 3.4% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $0.63 a share. $0.06 of that was income; $0.57 was your own money back, not income. As of Oct 31, 2025, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Oct 31, 2025): $8.95. The shares traded at $7.86, about 12.2% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 19.3% below to 2.9% below. As of Oct 31, 2024, from the fund's annual report. Original document →
• How the holdings did: up 1.7% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +43.1%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +18.4%. How the share price did: the shares returned +19.7% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
• First reported to the regulator in 2005.

What the fund holds

Mostly shares (97%), the rest cash and short-term holdings and derivatives. About 73% issued in the U.S.

The fund also sells options on its holdings to raise income.

1. Alphabet - 9.9%
2. Amazon.com - 6.4%
3. SK hynix - 5.4%
4. Nvidia - 4.6%
5. DR Horton - 4.4%
6. Boeing Co/The - 4%
7. PulteGroup - 3.8%
8. Airbus SE - 3.7%
9. Royal Caribbean Cruises - 3.6%
10. Carnival - 3.5%

As of April 30, 2026, from the fund's quarterly holdings report. Original document →