Clough Global Dividend and Income Fund

Holdings as of 12/31/2016, subject to change

Description % of Total Portfolio
BlackRock Liquidity Funds, T-Fund Portfolio - Institutional Class 7.60%
U.S. Treasury Notes 3.01%
Microsoft Corp. 2.90%
Ares Capital Corp. 2.03%
Apple, Inc. 1.84%
Citigroup, Inc. 1.81%
Starwood Property Trust, Inc. 1.81%
Bank of America Corp. 1.73%
EOG Resources, Inc. 1.45%
Total Return Swaps Contracts 1.44%
Liberty Broadband Corp. - Class C 1.35%
Merck & Co., Inc. 1.35%
DR Horton, Inc. 1.34%
Community Healthcare Trust, Inc. 1.31%
Golub Capital BDC, Inc. 1.24%
Under Armour, Inc. 1.24%
Broadcom, Ltd. 1.15%
U.S. Treasury Bonds 1.14%
Blackstone Mortgage Trust, Inc. - Class A 1.12%
China Mobile, Ltd. 1.11%
U.S. Treasury Notes 1.08%
U.S. Treasury Notes 1.05%
Bristol-Meyers Squibb Co. 1.03%
Foreign Currency 0.98%
Pfizer, Inc. 0.95%
Lennar Corp. - Class A 0.95%
Government National Mortgage Association 0.94%
Pioneer Natural Resources Co. 0.93%
U.S. Treasury Bonds 0.91%
ViaSat, Inc. 0.90%
Charter Communications, Inc. - Class A 0.89%
Adams Diversified Equity Fund, Inc. 0.89%
Alphabet, Inc. - Class A 0.86%
BB&T Corp. 0.85%
PulteGroup, Inc. 0.79%
Macquarie Infrastructure Corp. 0.79%
PennyMac Mortgage Investment Trust 0.77%
Liberty All-Star Equity Fund 0.77%
Care Capital Properties LP 0.77%
Western Digital Corp. 0.77%
Cable One, Inc. 0.76%
Liberty Ventures - Series A 0.76%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. 0.75%
Gilead Sciences, Inc. 0.74%
Hercules Capital, Inc. 0.72%
Ares Capital Corp. 0.72%
MedEquities Realty Trust, Inc. 0.71%
Fairway Energy LP - 144A 0.70%
Citigroup, Inc. 0.69%
Government National Mortgage Association 0.68%
IMAX Corp. 0.66%
Shire PLC - ADR 0.65%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund 0.62%
CalAtlantic Group, Inc. 0.62%
Monolithic Power Systems, Inc. 0.61%
Service Corp. International 0.60%
Samsung Electronics Co., Ltd. 0.59%
ONE Gas, Inc. 0.59%
Solar Senior Capital, Ltd. 0.58%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. 0.57%
Lear Corp. 0.56%
Annaly Capital Mgmt 0.56%
Alibaba Group Holding, Ltd. - Sponsored ADR 0.56%
Chr Hansen Holding A/S 0.56%
Devon Energy Corp. 0.56%
Ares Capital Corp. 0.55%
Omega Healthcare Investors, Inc. 0.54%
Exelon Generation Co., LLC 0.54%
Verizon Communications, Inc. 0.54%
Jersey Central Power & Light Co. 0.54%
B&G Foods, Inc. 0.54%
People's United Financial, Inc. 0.53%
General Motors Financial Co. Inc 0.53%
Citizens Bank NA/Providence RI 0.53%
Bank of America Corp. 0.53%
SunTrust Banks, Inc. 0.53%
Pfizer, Inc. 0.53%
Morgan Stanley 0.53%
Dominion Gas Holdings LLC 0.53%
Voya Financial, Inc. 0.53%
Citizens Bank National Association 0.53%
Pricoa Global Funding I 0.53%
Stifel Financial Corp. 0.53%
Scripps Networks Interactive, Inc. 0.53%
Northrop Grumman Corp. 0.53%
General Motors Financial Co., Inc. 0.53%
Caterpillar Financial Services Corp. 0.53%
Wells Fargo & Co. 0.53%
Ford Motor Credit Co., LLC 0.53%
Chevron Corp. 0.53%
First Republic Bank 0.53%
The Goldman Sachs Group, Inc. 0.52%
Citizens Bank NA/Providence RI 0.52%
Ford Motor Credit Co., LLC 0.52%
Royal Bank of Canada 0.52%
Microsoft Corp. 0.52%
Jackson National Life Global Funding 0.52%
Solar Capital, Ltd. 0.52%
Omega Healthcare Investors, Inc. 0.51%
U.S. Treasury Bonds 0.50%
Actelion, Ltd. 0.50%
Alphabet, Inc. - Class C 0.50%
EMC Corp. 0.49%
SunTrust Banks, Inc. 0.49%
First Republic Bank 0.48%
The Toronto-Dominion Bank 0.48%
Ares Management LP 0.46%
John Deere Capital Corp. 0.45%
Government National Mortgage Association 0.44%
Kweichow Moutai Co., Ltd. - Class A (Loan Participation Notes issued by Morgan Stanley Asia Products), expiring 11/09/2017 - 144A 0.44%
Government National Mortgage Association - REMICS 0.43%
Government National Mortgage Association - REMICS 0.43%
Government National Mortgage Association - REMICS 0.41%
Government National Mortgage Association - REMICS 0.41%
Sony Corp. 0.41%
Ladder Capital Corp. 0.40%
Government National Mortgage Association - REMICS 0.40%
Exelon Generation Co. LLC 0.40%
WEC Energy Group, Inc. 0.40%
Kose Corp. 0.39%
Celgene Corp. 0.39%
Biogen, Inc. 0.39%
Ares Commercial Real Estate Corp. 0.38%
JPMorgan Chase & Co. 0.37%
EV Risk-Man. Divers. CEF 0.37%
Kayne Anderson MLP Investment Co. 0.37%
Eaton Vance Tax-Managed Diversified Equity Income Fund 0.37%
Alpine Global Premier Properties Fund 0.37%
First Trust Dynamic Europe Equity Income Fund 0.37%
Citigroup, Inc. 0.37%
Government National Mortgage Association - REMICS 0.36%
Global Medical REIT, Inc. 0.36%
Two Harbors Investment Corp. 0.35%
Textron Financial Corp. 0.35%
Healthcare Realty Trust, Inc. 0.34%
Government National Mortgage Association - REMICS 0.34%
Welltower REIT, Inc. 0.32%
MTGE Investment Corp. 0.32%
Ryohin Keikaku Co. Ltd. 0.28%
Alder Biopharmaceuticals, Inc. 0.28%
Vertex Pharmaceuticals, Inc. 0.27%
Ulvac, Inc. 0.26%
Hewlett Packard Enterprise Co. 0.26%
Government National Mortgage Association - REMICS 0.26%
Tekla Life Sciences Investors 0.26%
EMC Corp. 0.26%
Gabelli Equity Trust, Inc. 0.23%
Concho Resources, Inc. 0.22%
Cardiome Pharma Corp. 0.22%
Akorn, Inc. 0.21%
salesforce.com, Inc. 0.21%
Jazz Pharmaceuticals PLC 0.20%
Nintendo Co., Ltd. 0.20%
DoubleLine Income Solutions Fund 0.19%
Pioneer High Income Trust 0.19%
DoubleLine Opportunistic Credit Fund 0.19%
Flaherty & Crumrine Preferred Securities Income Fund, Inc. 0.19%
Dreyfus High Yield Strategies Fund 0.19%
Credit Suisse High Yield Bond Fund 0.17%
Pool Corp. 0.16%
Envision Healthcare Corp. 0.15%
Albany Molecular Research, Inc. 0.14%
Energen Corp. 0.14%
MTGE Investment Corp. 0.14%
Parsley Energy, Inc. - Class A 0.11%
Hercules Capital, Inc. 0.10%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund 0.09%
United States Small Business Administration 0.09%
Solar Capital Ltd. 0.05%
First Trust Intermediate Duration Preferred & Income Fund 0.01%
Warrants 0.00%2
Future Contract -3.74%
Securities Sold Short -7.94%
Total 100.00%

1Only individual long positions shown.

2Less than 0.005% of total portfolio as of 12/31/2016.

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.