Clough Global Dividend and Income Fund

Holdings as of 09/30/2017, subject to change

Common Stock
Description % of Total Portfolio
Lam Research Corp. 2.95%
Citigroup, Inc. 2.52%
Bank of America Corp. 2.40%
Starwood Property Trust, Inc. 2.30%
Microsoft Corp. 2.21%
Pfizer, Inc. 2.12%
Liberty Ventures 2.10%
Ares Capital Corp. 2.06%
Samsung Electronics Co., Ltd. 1.98%
Apple, Inc. 1.78%
Broadcom, Ltd. 1.75%
Merck & Co., Inc. 1.53%
Blackstone Mortgage Trust, Inc. 1.50%
Community Healthcare Trust, Inc. 1.41%
JPMorgan Chase & Co. 1.37%
DR Horton, Inc. 1.33%
Cypress Semiconductor Corp. 1.22%
Ping An Insurance Group Co. of China, Ltd. - Class H 1.15%
Liberty Broadband Corp. 1.09%
PulteGroup, Inc. 0.86%
Solar Capital, Ltd. 0.86%
Golub Capital BDC, Inc. 0.81%
Japan Tobacco, Inc. 0.80%
ViaSat, Inc. 0.80%
Cognizant Technology Solutions Corp. 0.74%
AMERCO 0.71%
PennyMac Mortgage Investment Trust 0.66%
Bristol-Myers Squibb Co. 0.65%
Panasonic Corp. 0.59%
Sony Corp. 0.50%
Ulvac, Inc. 0.49%
Service Corp. International 0.48%
Lennar Corp. 0.46%
Byd Co., Ltd. - Class H 0.42%
Chr Hansen Holding A/S 0.40%
Fairway Energy LP - 144A 0.38%
TPG Specialty Lending, Inc. 0.37%
Ladder Capital Corp. 0.37%
Global Medical REIT, Inc. 0.33%
Franklin Resources, Inc. 0.32%
Nintendo Co., Ltd. 0.32%
Man Wah Holdings, Ltd. 0.16%
Cardiome Pharma Corp. 0.15%
Total Common Stock 47.40%
Closed-End Funds
Description % of Total Portfolio
Adams Diversified Equity Fund, Inc. 0.97%
Pioneer High Income Trust 0.17%
Total Closed-End Funds 1.14%
Corporate Bonds
Description % of Total Portfolio
Xcel Energy, Inc.
03/15/2021, 2.400%
0.97%
Citizens Bank National Association
05/13/2021, 2.550%
0.97%
Morgan Stanley
05/19/2022, 2.750%
0.97%
Wells Fargo & Co.
07/22/2022, 2.625%
0.97%
Bank of America Corp.
10/21/2022, 2.503%
0.96%
PNC Bank National Association
11/05/2020, 2.450%
0.80%
Ares Capital Corp.
01/19/2022, 3.625%
0.69%
ONE Gas, Inc.
02/01/2019, 2.070%
0.54%
Boston Properties LP
05/15/2021, 4.125%
0.51%
VF Corp.
09/01/2021, 3.500%
0.50%
JPMorgan Chase & Co.
09/23/2022, 3.250%
0.50%
Ares Capital Corp.
11/30/2018, 4.875%
0.50%
Welltower, Inc.
04/01/2019, 4.125%
0.50%
Ford Motor Credit Co. LLC
03/18/2021, 3.336%
0.49%
Tencent Holdings, Ltd.
05/02/2019, 3.375%
0.49%
Jersey Central Power & Light Co.
06/15/2018, 4.800%
0.49%
Goldman Sachs Group, Inc.
09/15/2020, 2.750%
0.49%
New York Life Global Funding - 144A
01/17/2024, 2.900%
0.49%
Citizens Bank National Association
03/14/2019, 2.500%
0.49%
BP Capital Markets PLC
05/10/2019, 2.237%
0.49%
Ford Motor Credit Co. LLC
03/12/2019, 2.375%
0.48%
First Republic Bank
06/17/2019, 2.375%
0.48%
Manufacturers & Traders Trust Co.
05/18/2022, 2.500%
0.48%
JPMorgan Chase & Co.
06/07/2021, 2.400%
0.48%
Citigroup, Inc.
04/25/2022, 2.750%
0.48%
General Motors Financial Co., Inc.
04/10/2018, 2.400%
0.48%
Berkshire Hathaway Energy Co.
11/15/2018, 2.000%
0.48%
Manufacturers & Traders Trust Co.
02/06/2020, 2.100%
0.48%
Goldman Sachs Group, Inc.
04/25/2019, 2.000%
0.48%
Royal Bank of Canada
02/05/2020, 1.875%
0.48%
Jackson National Life Global Funding - 144A
04/29/2021, 2.250%
0.48%
Sempra Energy
10/07/2019, 1.625%
0.48%
Goldman Sachs Group, Inc.
11/15/2021, 2.350%
0.48%
EMC Corp.
06/01/2020, 2.650%
0.48%
BMW US Capital LLC - 144A
09/15/2021, 1.850%
0.47%
Dr Pepper Snapple Group, Inc.
11/15/2021, 2.530%
0.47%
BMW US Capital LLC
09/15/2021, 1.850%
0.24%
Voya Financial, Inc.
02/15/2018, 2.900%
0.22%
Total Corporate Bonds 20.93%
Other Financial Instruments
Description % of Total Portfolio
Total Return Swaps Contracts 5.92%
Foreign Currency 3.84%
Securities Sold Short -8.98%
Total Other Financial Instruments 0.78%
Asset/Mortgage Backed Securities
Description % of Total Portfolio
Government National Mortgage Association
09/16/1958, 2.600%
1.21%
Government National Mortgage Association - REMICS
01/16/1958, 2.400%
1.18%
Government National Mortgage Association - REMICS
05/16/2039, 2.150%
0.53%
Government National Mortgage Association - REMICS
09/16/1952, 2.387%
0.49%
Government National Mortgage Association
01/20/2047, 2.500%
0.48%
Freddie Mac REMICS
07/15/2047, 2.500%
0.48%
Government National Mortgage Association
03/16/2049, 2.250%
0.47%
Federal National Mortgage Association - REMICS
08/25/2047, 3.500%
0.47%
Fannie Mae REMICS
03/25/2047, 3.000%
0.44%
Government National Mortgage Association - REMICS
08/16/2047, 2.550%
0.38%
Government National Mortgage Association - REMICS
07/16/2041, 1.368%
0.36%
Government National Mortgage Association - REMICS
02/16/2046, 1.300%
0.35%
Government National Mortgage Association - REMICS
12/16/1953, 2.623%
0.35%
Government National Mortgage Association - REMICS
07/16/1951, 2.500%
0.32%
Government National Mortgage Association - REMICS
02/16/1953, 2.111%
0.31%
Government National Mortgage Association
02/16/2042, 3.844%
0.26%
Government National Mortgage Association - REMICS
09/16/2041, 1.900%
0.25%
Government National Mortgage Association - REMICS
04/16/1950, 2.100%
0.23%
United States Small Business Administration
12/01/2028, 6.220%
0.07%
Total Asset/Mortgage Backed Securities 8.63%
Short-Term Investments
Description % of Total Portfolio
BlackRock Liquidity Funds, T-Fund Portfolio - Institutional Class
12/31/2049, 0.887%
3.81%
Total Short-Term Investments 3.81%
Government & Agency Obligations
Description % of Total Portfolio
United States Treasury Bill
03/08/2018, 0.000%
1.92%
U.S. Treasury Bonds
11/15/2040, 4.250%
1.82%
U.S. Treasury Bonds
02/15/2041, 4.750%
1.42%
U.S. Treasury Bonds
11/15/2026, 6.500%
1.04%
U.S. Treasury Bonds
08/15/2029, 6.125%
0.84%
U.S. Treasury Bonds
05/15/2030, 6.250%
0.68%
U.S. Treasury Bonds
05/15/2041, 4.375%
0.62%
U.S. Treasury Bonds
02/15/2038, 4.375%
0.61%
U.S. Treasury Bonds
02/15/2044, 3.625%
0.55%
U.S. Treasury Bonds
02/15/2047, 3.000%
0.50%
U.S. Treasury Bonds
05/15/2040, 4.375%
0.31%
Total Government & Agency Obligations 10.31%
Municipal Bond
Description % of Total Portfolio
Colorado State Housing & Finance Authority Revenue Bonds, Series A
08/01/2047, 3.000%
0.79%
New York City Transitional Finance Authority Revenue Bonds, Series E-2
02/01/2026, 3.080%
0.49%
New York State Urban Development Corp. Revenue Bonds, Series B
03/15/2023, 2.670%
0.49%
Memphis-Shelby County, Tennessee Industrial Development Board Revenue Bonds, Series C
11/01/2022, 2.608%
0.49%
Wisconsin State General Fund Annual Appropriation Revenue Bonds, Series A
05/01/2022, 1.899%
0.48%
Wisconsin State General Fund Annual Appropriation Revenue Bonds, Series A
05/01/2023, 2.049%
0.47%
New York State Transportation Development Corp. Revenue Bonds, Series B
07/01/2024, 3.023%
0.47%
Total Municipal Bond 3.68%
Participation Notes
Description % of Total Portfolio
Midea Group Co., Ltd. - 144A
05/13/2019
0.92%
Kweichow Moutai Co., Ltd. - 144A
11/09/2017
0.33%
Total Participation Notes 1.25%
Preferred Stock
Description % of Total Portfolio
Annaly Capital Management, Inc., 7.625% 0.58%
Ares Management LP, 7.000% 0.46%
Two Harbors Investment Corp., 0.000% 0.37%
PennyMac Mortgage Investment Trust, 0.000% 0.27%
MTGE Investment Corp., 8.125% 0.14%
Global Medical REIT, Inc.
12/31/2049, 7.500%
0.13%
PennyMac Mortgage Investment Trust, 0.000% 0.12%
Total Preferred Stock 2.07%

1Only individual long positions shown.

According to the Fund's holding disclosure policy, as approved by the Board of Trustees, the release of the month-end holdings information will be delayed at least 30 days.

Holdings subject to change without notice.