Clough Global Opportunities Fund Section 19(A) Notice
The Clough Global Opportunities Fund (NYSE American: GLO) paid a monthly distribution of $0.0480 per share on July 31, 2024. The distribution is entirely classified as a return of capital. For the fiscal year-to-date, 98.22% of distributions have been return of capital, with only 1.78% from net investment income. The Fund's annualized distribution rate is 9.04% of NAV, with a cumulative distribution rate of 6.79%. The Fund's fiscal year-to-date cumulative total return on NAV is 32.35%, while its 5-year average annual total return is 2.50%. The Fund estimates it has distributed more than its income and net realized capital gains, indicating a portion of the distribution may be a return of capital.
Il Clough Global Opportunities Fund (NYSE American: GLO) ha effettuato una distribuzione mensile di $0.0480 per azione il 31 luglio 2024. La distribuzione è totalmente classificata come rimborso di capitale. Fino ad oggi nell'anno fiscale, il 98,22% delle distribuzioni è stato un rimborso di capitale, con solo l'1,78% proveniente da reddito da investimento netto. Il tasso di distribuzione annualizzato del Fondo è del 9,04% del NAV, con un tasso di distribuzione cumulativa del 6,79%. Il ritorno totale cumulativo del Fondo sul NAV dall'inizio dell'anno fiscale è del 32,35%, mentre il suo ritorno annuale medio su 5 anni è del 2,50%. Il Fondo stima di aver distribuito più di quanto ha guadagnato e dai guadagni in conto capitale realizzati netti, indicando che una parte della distribuzione potrebbe essere un rimborso di capitale.
El Clough Global Opportunities Fund (NYSE American: GLO) realizó una distribución mensual de $0.0480 por acción el 31 de julio de 2024. La distribución se clasifica completamente como un retorno de capital. Hasta la fecha en el año fiscal, el 98.22% de las distribuciones ha sido retorno de capital, con solo el 1.78% proveniente de ingresos netos de inversión. La tasa de distribución anualizada del Fondo es del 9.04% del NAV, con una tasa de distribución acumulativa del 6.79%. El retorno total acumulativo del Fondo sobre el NAV desde el inicio del año fiscal es del 32.35%, mientras que su retorno total anual promedio a 5 años es del 2.50%. El Fondo estima que ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que indica que una parte de la distribución podría ser un retorno de capital.
클로우 글로벌 기회 펀드 (NYSE American: GLO)는 2024년 7월 31일 주당 $0.0480의 월 배당금을 지급했습니다. 이 배당금은 전적으로 자본 환급으로 분류됩니다. 회계 연도 초부터 현재까지, 배당금의 98.22%가 자본 환급으로, 1.78%만이 순 투자 소득에서 발생했습니다. 펀드의 연간 배당률은 NAV의 9.04%로, 누적 배당률은 6.79%입니다. 올해 회계 연도 기준으로 펀드의 NAV 누적 총 수익률은 32.35%이며, 5년 평균 연간 총 수익률은 2.50%입니다. 펀드는 분배금이 발생한 소득과 순 실현된 자본 이익을 초과했다고 추정하며, 이는 일부 배당금이 자본 환급일 수 있음을 나타냅니다.
Le Clough Global Opportunities Fund (NYSE American: GLO) a versé une distribution mensuelle de 0,0480 $ par action le 31 juillet 2024. La distribution est entièrement classée comme un retour de capital. Depuis le début de l'exercice fiscal, 98,22 % des distributions ont été un retour de capital, avec seulement 1,78 % provenant des revenus nets d'investissement. Le taux de distribution annualisé du Fonds est de 9,04 % de la valeur liquidative (NAV), avec un taux de distribution cumulatif de 6,79 %. Le retour total cumulatif du Fonds sur la NAV depuis le début de l'exercice est de 32,35 %, tandis que son retour total annuel moyen sur 5 ans est de 2,50 %. Le Fonds estime avoir distribué plus que ses revenus et ses plus-values nettes réalisées, ce qui indique qu'une partie de la distribution pourrait être un retour de capital.
Der Clough Global Opportunities Fund (NYSE American: GLO) hat am 31. Juli 2024 eine monatliche Ausschüttung von $0.0480 pro Aktie gezahlt. Die Ausschüttung wird vollständig als Rückzahlung des Kapitals eingestuft. Im bisherigen Geschäftsjahr waren 98,22% der Ausschüttungen Rückzahlungen des Kapitals, während nur 1,78% aus netto investierten Einkünften stammen. Die annualisierte Ausschüttungsrate des Fonds beträgt 9,04% des NAV, während die kumulierte Ausschüttungsrate bei 6,79% liegt. Die kumulierte Gesamtrendite des Fonds auf den NAV seit Jahresbeginn beträgt 32,35%, während die durchschnittliche jährliche Gesamtrendite über 5 Jahre 2,50% beträgt. Der Fonds schätzt, dass er mehr verteilt hat, als er an Einkommen und realisierten Nettogewinnen erzielt hat, was darauf hinweist, dass ein Teil der Ausschüttung eine Rückzahlung des Kapitals sein könnte.
- Monthly distribution of $0.0480 per share maintained
- Fiscal year-to-date cumulative total return on NAV of 32.35%
- Annualized distribution rate of 9.04% based on NAV
- 100% of current distribution classified as return of capital
- 98.22% of fiscal year-to-date distributions from return of capital
- Fund estimates it has distributed more than its income and net realized capital gains
- 5-year average annual total return on NAV of only 2.50%
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, the Clough Global Opportunities Fund (NYSE American:GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: |
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| Per Share ($) |
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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 | % |
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Fiscal Year-to-Date Cumulative Distributions from: |
| Per Share ($) |
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| % |
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Net Investment Income |
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| 0.00771 |
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| 1.78 | % |
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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| 0.42489 |
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| 98.22 | % |
Total (per common share) |
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| 0.43260 |
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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.
Fund Performance & Distribution Information
Fiscal Year to Date (11/01/2023 through 6/30/2024) |
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Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.04 | % |
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Cumulative Distribution Rate on NAV^+ |
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| 6.79 | % |
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Cumulative Total Return on NAV* |
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| 32.35 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 6/30/2024** |
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| 2.50 | % |
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Past performance is not indicative of future results.
^ Based on the Fund's NAV as of June 30, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
July 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 June 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
View the original press release on accesswire.com
FAQ
What is the current monthly distribution amount for Clough Global Opportunities Fund (GLO)?
What percentage of GLO's current distribution is classified as return of capital?
What is the fiscal year-to-date cumulative total return on NAV for GLO as of June 30, 2024?
What is the 5-year average annual total return on NAV for GLO as of June 30, 2024?
