Clough Global Opportunities Fund Section 19(a) Notice
Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0480 per share paid on October 31, 2024. The distribution sources breakdown shows 100% comes from return of capital for the current distribution. For the fiscal year-to-date, 98.66% is return of capital and 1.34% is net investment income. The Fund's performance metrics include a 33.78% cumulative total return on NAV for the fiscal year to date and a 3.24% average annual total return over the past 5 years. The current annualized distribution rate is 9.19% of NAV.
Il Clough Global Opportunities Fund (GLO) ha annunciato una distribuzione mensile di $0.0480 per azione pagata il 31 ottobre 2024. La suddivisione delle fonti di distribuzione mostra che il 100% proviene da rimborso di capitale per la distribuzione attuale. Dall'inizio dell'anno fiscale, il 98,66% è rimborso di capitale e l'1,34% è reddito netto da investimenti. I parametri di performance del Fondo includono un 33,78% di rendimento totale cumulativo sul NAV dall'inizio dell'anno fiscale e un 3,24% di rendimento totale annuale medio negli ultimi 5 anni. L'attuale tasso di distribuzione annualizzato è del 9,19% del NAV.
El Clough Global Opportunities Fund (GLO) anunció una distribución mensual de $0.0480 por acción que se pagará el 31 de octubre de 2024. El desglose de las fuentes de distribución muestra que el 100% proviene del reembolso de capital para la distribución actual. Hasta la fecha del año fiscal, el 98.66% es reembolso de capital y el 1.34% es ingreso neto de inversiones. Las métricas de rendimiento del fondo incluyen un 33.78% de rendimiento total acumulado sobre el NAV hasta la fecha del año fiscal y un 3.24% de rendimiento total anual promedio en los últimos 5 años. La tasa de distribución anualizada actual es del 9.19% del NAV.
클로프 글로벌 오퍼튜니티 펀드(GLO)는 2024년 10월 31일에 지급되는 주당 $0.0480의 월 배당금을 발표했습니다. 배당금 출처의 분 breakdown은 현재 배당금의 100%가 자본 환급에서 나왔음을 보여줍니다. 회계 연도 시작 이후, 98.66%가 자본 환급이고 1.34%가 순 투자 수익입니다. 펀드의 성과 지표로는 회계 연도 시작 이후 33.78% 누적 총 수익률과 지난 5년 동안 3.24% 평균 연간 총 수익률이 포함됩니다. 현재 연간화된 배당률은 NAV의 9.19%입니다.
Le Clough Global Opportunities Fund (GLO) a annoncé une distribution mensuelle de $0.0480 par action payable le 31 octobre 2024. La répartition des sources de distribution montre que 100% provient du remboursement de capital pour la distribution actuelle. Depuis le début de l'exercice fiscal, 98,66% provient du remboursement de capital et 1,34% est un revenu net d'investissement. Les indicateurs de performance du Fonds incluent un 33,78% de rendement total cumulé sur le NAV depuis le début de l'exercice fiscal et un 3,24% de rendement total annuel moyen sur les 5 dernières années. Le taux de distribution annualisé actuel est de 9,19% du NAV.
Der Clough Global Opportunities Fund (GLO) hat eine monatliche Ausschüttung von 0,0480 $ pro Aktie bekannt gegeben, die am 31. Oktober 2024 gezahlt wird. Die Aufschlüsselung der Ausschüttungsquellen zeigt, dass 100% aus Rückzahlungen von Kapital für die aktuelle Ausschüttung stammen. Seit Beginn des Geschäftsjahres stammen 98,66% aus Rückzahlungen von Kapital und 1,34% aus Nettokapitalerträgen. Die Leistungskennzahlen des Fonds umfassen eine 33,78% kumulierte Gesamtrendite auf das NAV seit Beginn des Geschäftsjahres und eine 3,24% durchschnittliche jährliche Gesamtrendite der letzten 5 Jahre. Der aktuelle annualisierte Ausschüttungszins beträgt 9,19% des NAV.
- Cumulative total return on NAV of 33.78% fiscal year-to-date
- Maintains steady monthly distribution of $0.0480 per share
- 9.19% annualized distribution rate as percentage of NAV
- 100% of current distribution comes from return of capital, not from earnings or capital gains
- 98.66% of fiscal year-to-date distributions are return of capital
- Relatively low 5-year average annual return of 3.24%
Insights
This distribution notice reveals concerning aspects of the Clough Global Opportunities Fund's current payouts. 100% of the current monthly distribution of
While the fund shows a strong cumulative total return of
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, the Clough Global Opportunities Fund (NYSE American:GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00000 |
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| 0.00 | % |
Net Realized Short-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Net Realized Long-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Return of Capital or other Capital Source |
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| 0.04800 |
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| 100.00 | % |
Total (per common share) |
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| 0.04800 |
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| 100.00 | % |
Fiscal Year-to-Date Cumulative Distributions from: |
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| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00771 |
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| 1.34 | % |
Net Realized Short-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Net Realized Long-Term Capital Gain |
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| 0.00000 |
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| 0.00 | % |
Return of Capital or other Capital Source |
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| 0.56889 |
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| 98.66 | % |
Total (per common share) |
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| 0.57660 |
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| 100.00 | % |
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with ‘yield' or ‘income.'
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last business day of the month prior to distribution record date.
Fiscal Year to Date (11/01/2023 through 9/30/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.19 | % |
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Cumulative Distribution Rate on NAV^+ |
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| 9.20 | % |
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Cumulative Total Return on NAV* |
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| 33.78 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 9/30/2024** |
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| 3.24 | % |
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Past performance is not indicative of future results.
^Based on the Fund's NAV as of September 30, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
October 31, 2024.
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, for the period November 1, 2023 through September 30, 2024.
**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, as of the last business day of the month prior to the month of the current distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Contact Info:
Website: https://www.cloughcefs.com/
Email: cloughclientinquiries@paralel.com
SOURCE: Clough Global Opportunities Fund | GLO
View the original press release on accesswire.com
FAQ
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