Clough Global Allocation Fund Announces Monthly Cash Distribution of $0.105/Share

The Board of Trustees for the Clough Global Allocation Fund (NYSE MKT: GLV) has approved a change from quarterly to monthly cash distributions and has declared a monthly distribution of $0.105 per common share, payable on the dates noted below. This represents an increase in the annualized distribution rate of $0.06 per share, 5.00%. Based on the Fund's current share price of $14.90 and net asset value per share of $17.66 (as of close on December 11, 2013), the new distributions represent an annualized distribution rate of 8.46% and 7.13%, respectively. The Fund has approximately $335 million in total assets. The following dates apply to the distributions declared: See full press release