Clough Global Equity Fund Reports Earnings Results for the Full Year Ended October 31, 2019
January 06, 2020 at 02:25 pm
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Clough Global Equity Fund announced earnings results for the full year ended October 31, 2019. For the full year, the company announced total revenue was USD 5.267 million compared to USD 0 a year ago. Net income was USD 12.600 million compared to USD 0 a year ago.
Clough Global Equity Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return. The Fund is focused on achieving its objective by applying a fundamental research-driven investment process and will invest in equity securities of companies of any market capitalization and equity-related securities, including equity swaps and call options, as well as fixed income securities, including both corporate and sovereign debt, in both United States and non-United States markets. It intends to invest primarily in a managed mix of global equity securities. The Fund focuses on investing in a range of sectors, including consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, and utilities. Clough Capital Partners L.P. serves as the investment advisor of the Fund.