New York – The Clough Global Equity Fund, a closed-end fund attractive to income-focused investors, boasts an impressive yield of 10.50%. Compared to its peers in the global equity category, this fund offers a higher return, making it an appealing option for investors seeking steady income. The fund focuses on equity securities, a significant advantage in the face of rising inflation levels that may not be accurately reflected in official reports. With inflation potentially eroding the value of fixed-income securities, equity holdings provide a better hedge against inflationary pressures.

Investors have seen strong performance from the Clough Global Equity Fund, with a 23.92% increase in share value since the previous discussion. While the fund slightly underperformed the S&P 500 Index, its focus on income generation may offset this for investors prioritizing yield. The fund’s distribution of net investment profits to shareholders contributes to its appeal for income-focused investors, as it offers a higher yield relative to other market assets.

As of now, the fund’s leverage stands at 28.69% of its assets, a decrease from previous levels, reducing risks for investors. However, compared to its peers, the fund still utilizes more leverage, indicating slightly higher volatility. The fund’s ability to cover distributions and generate excess returns over the past fiscal year bodes well for its sustainability, barring any major market downturns.

Shares of the Clough Global Equity Fund trade at a 15.72% discount to net asset value, presenting a reasonable opportunity for investors. Despite concerns about its international diversification and high exposure to the US market, the fund’s trading strategy has proven successful in outperforming the market. Overall, while the fund may carry more risk due to its leverage, it remains a viable option for investors seeking income and potential capital appreciation in a volatile market environment.