Clough Global Opportunities Fund Declares Monthly Cash Distributions for October, November, and December 2021 of $0.1087 Per Share

Rhea-AI Summary

The Clough Global Opportunities Fund (GLO) announced a monthly cash distribution of $0.1087 per share for October, November, and December 2021. Distributions are aligned with the fund's managed policy of distributing 10% of its adjusted year-end net asset value (NAV). Key dates include Ex-Dates on October 19, November 18, and December 20, 2021, with payable dates following shortly after. As of September 30, 2021, the fund reported total assets of approximately $808 million. Investors should note that part of the distribution may derive from sources other than net income.

Positive

• Monthly cash distribution of $0.1087 per share for Q4 2021.
• Distribution aligns with managed policy of 10% of adjusted NAV.
• Total assets of approximately $808 million as of September 30, 2021.

Negative

• A portion of the monthly distribution may not come from net income, impacting perceived income reliability.

DENVER, Oct. 8, 2021 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Opportunities Fund (the "Fund") has declared a monthly cash distribution of $0.1087 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-ending 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: October 19, 2021
Record Date: October 20, 2021
Payable Date: October 29, 2021

Ex-Date: November 18, 2021
Record Date: November 19, 2021
Payable Date: November 30, 2021

Ex-Date: December 20, 2021
Record Date: December 21, 2021
Payable Date: December 30, 2021

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 Partners L.P.'s ("Clough Capital") 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 September 30^th, 2021 the Fund had approximately $808 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughglobal.com or call 855-425-6844.

Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which manages approximately $2.4 billion in assets: $792 million in hedge fund and institutional accounts; $116 million in open-end mutual funds; and $1.4 billion in three closed-end funds (as of September 30, 2021) – 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 855-425-6844. 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

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SOURCE Clough Global Opportunities Fund

FAQ

What is the cash distribution amount for GLO in 2021?

Clough Global Opportunities Fund (GLO) has declared a cash distribution of $0.1087 per share for October, November, and December 2021.

When will the cash distributions for GLO be payable?

The payable dates for the cash distributions of GLO are October 29, November 30, and December 30, 2021.

What is the Ex-Date for GLO's upcoming cash distributions?

The Ex-Dates for GLO are October 19, November 18, and December 20, 2021.

How does the Clough Global Opportunities Fund determine its distribution rate?

The distribution rate is set at one twelfth of 10% of the Fund's adjusted year-ending net asset value (NAV).

What is the approximate total asset value of GLO?

As of September 30, 2021, Clough Global Opportunities Fund (GLO) reported total assets of approximately $808 million.