GLV - Clough Global Dividend & Income Fund

What this means for you

Saba has told the regulator it may push for changes at this fund. That usually means asking the fund to buy back shares at close to the full value of its holdings, to change who runs it, or to close down and pay holders out.

Nothing is required of you now. If the fund itself announces a buy-back or a vote, it appears in the box above with the date by which you would need to act.

Large investors can also sell down and walk away. We show every notice they file, the day it is filed.

Email me if this changes

What happened, and when

1. Jan 7, 2026

   Saba raised its stake to 7.1% (from 6.1%). It has said it may push for changes.

   Original document →

2. Oct 22, 2025

   Saba raised its stake to 6.1% (from 5%). It has said it may push for changes.

   Original document →

3. Aug 21, 2025

   Saba raised its stake to 5% (from 4.8%). It has said it may push for changes.

   Original document →

4. Nov 7, 2024

   Saba sold down below 5% and stopped reporting.

   Original document →

5. Sept 3, 2024

   Saba now owns 5.1%. It has said it may push for changes.

   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 $86.8 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 33% 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% a year in management fees; 3.1% 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): $6.90. The shares traded at $6.13, about 11.2% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
  Over the last two years the gap ranged from 19.5% below to 0.3% above. As of Oct 31, 2024, from the fund's annual report. Original document →
• How the holdings did: down 0.3% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +24.9%. 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 2004.

What the fund holds

Mostly shares (84%), the rest bonds, derivatives and cash and short-term holdings. About 76% issued in the U.S.

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

1. Alphabet - 5.8%
2. SK hynix - 5.5%
3. Nvidia - 4.8%
4. Airbus SE - 4.3%
5. US Treasury N/B T 4 3/4 08/15/55 - 4.2%
6. JPMorgan Chase & - 4.1%
7. Apple - 3.8%
8. PulteGroup - 3.6%
9. DR Horton - 3.6%
10. Infineon Technologies AG - 3.4%

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