Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P.
Share Price & News
How has Clough Global Dividend and Income Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GLV's share price has been volatile over the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: GLV underperformed the US Capital Markets industry which returned -14.5% over the past year.
Return vs Market: GLV underperformed the US Market which returned -15.9% over the past year.
Price Volatility Vs. Market
How volatile is Clough Global Dividend and Income Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Clough Global Dividend and Income Fund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GLV ($7.51) is trading below our estimate of fair value ($10.62)
Significantly Below Fair Value: GLV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GLV is good value based on its PE Ratio (6.8x) compared to the Capital Markets industry average (33.7x).
PE vs Market: GLV is good value based on its PE Ratio (6.8x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GLV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GLV is good value based on its PB Ratio (0.6x) compared to the US Capital Markets industry average (7.9x).
How is Clough Global Dividend and Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Clough Global Dividend and Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Clough Global Dividend and Income Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLV has a large one-off gain of $7.1M impacting its October 31 2019 financial results.
Growing Profit Margin: GLV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GLV's earnings have grown significantly by 21.7% per year over the past 5 years.
Accelerating Growth: GLV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GLV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (9.7%).
Return on Equity
High ROE: GLV's Return on Equity (9%) is considered low.
How is Clough Global Dividend and Income Fund's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: GLV has a low level of unsold assets or inventory.
Debt Coverage by Assets: GLV's debt is not covered by short term assets (assets are 0.5x debt).
Financial Institutions Analysis
Asset Level: GLV's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if GLV has a sufficient allowance for bad loans.
Low Risk Liabilities: GLV reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if GLV has an acceptable proportion of non-loan assets held.
Low Risk Deposits: GLV has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if GLV has an appropriate level of bad loans.
What is Clough Global Dividend and Income Fund's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GLV's dividend (16.28%) is higher than the bottom 25% of dividend payers in the US market (2.07%).
High Dividend: GLV's dividend (16.28%) is in the top 25% of dividend payers in the US market (5.82%)
Stability and Growth of Payments
Stable Dividend: GLV's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (111.6%), GLV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ned Burke (58yo)
Mr. Edmund Joseph Burke, also known as Ned, served as Director and President of ALPS Advisors, Inc. Mr. Burke was a Chief Executive Officer and has been its President of ALPS Holdings, Inc. from 2000. He h ...
|Principal Executive Officer||no data||no data||no data|
|7.08yrs||no data||no data|
Experienced Board: GLV's board of directors are seasoned and experienced ( 15.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GLV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.
Clough Global Dividend and Income Fund's company bio, employee growth, exchange listings and data sources
- Name: Clough Global Dividend and Income Fund
- Ticker: GLV
- Exchange: AMEX
- Founded: 2004
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$63.142m
- Shares outstanding: 8.41m
- Website: https://www.cloughglobal.com/allocation.php?overview
- Clough Global Dividend and Income Fund
- One Post Office Square
- 40th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLV||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Jul 2004|
Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. For its fixed income portion, it invests in corporate and sovereign debt. It invest in fixed income securities having a maturity ranging from 30 days to over 30 years. The fund invests in non-U.S. markets primarily through liquid securities, including depositary receipts. Its equity portion primarily invests in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to make its investments. It primarily employs a theme-oriented investment approach which emphasizes on industry consolidation, technological change, an emerging shortage of a product or raw material which derives from a period of under-investment, and changes in government regulation or major economic or investment cycles. The fund's research process includes identifying shortages, global geographic growth opportunities, and unique global credit market opportunities. The fund was formerly known as Clough Global Allocation Fund. Clough Global Dividend and Income Fund was formed on April 27, 2004 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 03:59|
|End of Day Share Price||2020/04/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.