Clough Global Equity Fund [GLQ] Stock Forecast

The Clough Global Equity Fund is heavily invested in the United States, which may not be ideal for American investors seeking geographic diversification. The GLQ closed-end fund has experienced significant losses, down 64.83% since November 2021, due to its high level of leverage and exposure to the American equity markets. Despite its poor performance, the fund offers a high distribution yield of 12.93%, which may offset some of the share price declines for investors.

The GLQ fund aims to deliver high total returns from a portfolio of global equities. The GLQ fund is managed by star manager Charles Clough.

Clough Global Equity Fund's assets have high exposure (both long & short) in stocks of ICT, financial, industrial, and healthcare - sectors that have high growth potential. GLQ's investments in stocks of aerospace and defense companies generated strong price growth during 2022. This might be the likely impact of Russia's invasion of Ukraine and increased military expenditures.

GLQ is an actively managed closed-end fund that invests primarily in equities while utilizing leverage. Our data shows that GLQ has been among the worst-performing equity CEFs in the market over the past year.

Clough Global Equity Fund (GLQ) is a 60/40 CEF with leverage on top. 60/40 portfolios are having the worst annual performance since 1974, and GLQ has not been spared.

GLQ is a closed end fund focused on global equities. The fund is currently 84% allocated to equities with a 14% bucket dedicated to US government debt.

20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.

American markets are incredibly overvalued right now, which could pose a risk to investors. GLQ purports to be a global fund that could therefore help reduce their risks but it is currently heavily exposed to America.

DENVER, Oct. 8, 2021 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Equity Fund (the "Fund") has declared a monthly cash distribution of $0.1341 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-ending net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.

DENVER, Sept. 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 September 21, 2021.

Clough Global Equity Fund is a US stock , located in Boston of Ma and trading under the symbol GLQ

Clough Global Equity Fund stock price is $5.785 today.

Yes, Clough Global Equity Fund is a publicly traded company.