Saba Capital Management Increases Stake in Clough Global Equity Fund to 5.68%

2026-05-08SEC Filing SCHEDULE 13D/A (0001062993-26-002441)

On May 7, 2026, Saba Capital Management, L.P., alongside Saba Capital Management GP, LLC and Boaz R. Weinstein, filed an amendment to their Schedule 13D regarding Clough Global Equity Fund (GLQ). The filing details that the reporting persons have increased their position to 1,063,832 common shares, representing approximately 5.68% of the class based on 18,738,121 shares outstanding. The acquisition of these shares involved an aggregate purchase price of approximately $10,636,712, funded through investor subscription proceeds and margin account borrowings. Recent transaction history highlights a significant open-market purchase of 134,830 shares on May 6, 2026, at a price of $8.32 per share, which triggered this amendment. Other activity within the past sixty days included smaller buys in late March and minor sales in mid-April. Saba Capital serves as the investment manager, with shared voting and dispositive power over the reported securities. The reporting persons maintain their business office in New York.