Saba Capital Management Decreases Stake in Clough Global Equity Fund (GLQ) to 4.71%

Saba Capital Management, L.P., along with Boaz R. Weinstein and Saba Capital Management GP, LLC, filed an amendment to their Schedule 13D regarding Clough Global Equity Fund (GLQ). The filing, dated June 4, 2026, reports a reduction in their ownership position. As of the event date of June 2, 2026, the reporting persons collectively hold 881,942 shares, representing approximately 4.71% of the fund's outstanding common stock. This is a decrease from their previously reported position of 1,063,832 shares (5.68%). The reduction was driven by a series of open-market sales occurring between May 21, 2026, and June 2, 2026. Specifically, the group sold 26,589 shares on May 21, 26,367 shares on May 26, 29,438 shares on May 28, and a final significant block of 99,496 shares on June 2. Sale prices ranged from $8.31 to $8.65 per share. Total acquisition costs for the remaining shares were approximately $8.8 million, funded through investor capital and margin borrowings. The reporting persons maintain shared voting and dispositive power over the reported shares.