CLOUGH GLOBAL OPPORTUNITIES FUND DECLARES MONTHLY CASH DISTRIBUTIONS FOR APRIL, MAY AND JUNE 2022 OF $0.0943 PER SHARE

Rhea-AI Summary

The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0943 per common share for the months of April, May, and June 2022. This distribution aligns with the Fund's managed distribution policy, set at one-twelfth of 10% of its adjusted year-end net asset value per share. Key dates include an ex-date of April 18, 2022, record date of April 19, 2022, and payable date of April 29, 2022. The Fund focuses on delivering high total returns through a diversified portfolio of equity and fixed income securities.

Positive

• Monthly distribution of $0.0943 per share demonstrates consistent income for investors.
• The Fund aims for a high level of total return through a diversified investment strategy.

Negative

• None.

DENVER, April 8, 2022 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Opportunities Fund (the "Fund") has declared a monthly cash distribution of $0.0943 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share  ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.

The following dates apply to the distributions declared:

Ex-Date: April 18, 2022
Record Date: April 19, 2022
Payable Date: April 29, 2022

Ex-Date: May 19, 2022
Record Date: May 20, 2022
Payable Date: May 31, 2022

Ex-Date: June 16, 2022
Record Date: June 17, 2022
Payable Date: June 30, 2022

A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end.

The Clough Global Opportunities Fund
The Fund is a closed-end fund with an investment objective of providing a high level of total return.  The Fund seeks to achieve this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt.  Utilizing Clough Capital's global research capabilities, the Fund will invest in both U.S. and non-U.S. markets.  The Fund's portfolio managers are Chuck Clough and Rob Zdunczyk. As of March 31^st, 2022 the Fund had approximately $754.7 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.

Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which manages approximately $2.1 billion in assets: $700 million in hedge fund and institutional accounts; $73 million in open-end mutual funds; and $1.4 billion in three closed-end funds (as of March 31, 2022) – Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughglobal.com or call 877-256-8445. Read them carefully before investing.

The Clough Global Opportunities Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.        

Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.

ALPS Portfolio Solutions Distributor, Inc, FINRA Member Firm.

Clough Global Opportunities Fund (NYSE MKT: GLO)                                                            
1290 Broadway, Suite 1000                                                                                                                            
Denver, CO 80203 
Contact: Fund Services Group at 877-256-8445 

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SOURCE SS&C / Clough CEF; Clough Global Dividend and Income Fund; Clough Global Equity Fund; Clough Global Opportunities Fund

FAQ

What is the cash distribution declared by Clough Global Opportunities Fund (GLO) for April, May, and June 2022?

The cash distribution is $0.0943 per common share for each of the months.

When is the ex-date for the Clough Global Opportunities Fund (GLO) distribution?

The ex-date is April 18, 2022.

What is the investment strategy of Clough Global Opportunities Fund (GLO)?

The Fund seeks to provide a high total return by investing in equity and fixed-income securities.

How much total assets does Clough Global Opportunities Fund (GLO) have?

As of March 31, 2022, the Fund had approximately $754.7 million in total assets.

What are the payable dates for the distributions from Clough Global Opportunities Fund (GLO)?

Payable dates are April 29, May 31, and June 30, 2022.