GLV CEF — Clough Global Allocation Fund

Clough Global Allocation Fund (GLV)

Updated November 12, 2026.

GLV is a CEF. Its distribution rate is 11.69%, its trailing-12-month yield is 11.64%, its expense ratio is 2.7216%. Dividend Vision Distribution Safety Score™ is 48/100 (Caution). Total return is 188.2% over the past 22.3 years, 745.6 points behind SPY at 933.8%.

At the current 11.69% distribution rate, a $10,000 investment would generate approximately $1,169 per year, or $97.42 per month.

GLV performance versus SPY

As of Nov 12, 2026

Total return is 188.2% over the past 22.3 years, 745.6 points behind SPY at 933.8%. Over the past year its total return — price change plus distributions reinvested — is 3.9%. Its deepest 1-year drawdown was 11.4%.

GLV key facts

Distribution Safety Score™

48 · Caution

Safety-Adjusted Yield

5.61%

Issuer

Clough Capital Partners

Asset type

CEF

Asset class

Equity

Inception date

07/28/2004

Expense ratio

2.7216%

Distribution rate

11.69%

Distribution frequency

Monthly

Trailing yield

11.64%

5-year average yield

12.38

Last close

$5.81 (as of 2026-11-12)

NAV

$6.23; NAV date unknown

Premium / discount

Premium not shown · NAV date unknown

Market cap

$72,100,264

Average volume

39,219

Dividend

$0.0566

Ex-dividend date

11/17/2026

Payment date

11/30/2026

Beta

0.768

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (11.69%) uses latest regular dividend ($0.0566) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.64%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Clough Capital Partners; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GLV risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.4%.

Who may consider GLV — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GLV

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Tagged: CEF, Dividend, Growth & Income, International.

Frequently asked questions

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