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GLV - Evaluating CEFs: Global Exposure And Declining NAV Don't Pair Well For GLV
May, 27 2021 02:51 PM
Clough Global Dividend and Income Fund of beneficial interest
The forward yield for GLV is an attractive 10.24% provided the fund can support it. I continue my series where I look at CEFs beyond the yield. Declining NAV and multiple distribution cuts lead me to think that even with the most recent cut that the distribution isn't sustainable. For further details see:
Evaluating CEFs: Global Exposure And Declining NAV Don't Pair Well For GLV
Stock Information
Company Name:
Clough Global Dividend and Income Fund of beneficial interest
Stock Symbol:
GLV
Market:
NYSE
Website:
www.cloughglobal.com
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