Clough Global Opportunities Fund Section 19(a) Notice
The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0480 per share paid on November 29, 2024. The distribution is entirely classified as return of capital (100%). The Fund's fiscal year-to-date performance shows a cumulative total return on NAV of 30.69% and an annualized distribution rate of 9.49% based on NAV. The Fund's 5-year average annual total return stands at 1.78%. The Fund notes that it has distributed more than its income and net realized capital gains, indicating that part of the distribution represents a return of capital to investors.
Il Fondo Clough Global Opportunities (GLO) ha annunciato una distribuzione mensile di $0,0480 per azione che sarà pagata il 29 novembre 2024. La distribuzione è interamente classificata come rimborso di capitale (100%). La performance del fondo dall'inizio dell'anno fiscale mostra un rendimento totale cumulativo sul NAV del 30,69% e un tasso di distribuzione annualizzato del 9,49% basato sul NAV. Il rendimento medio annuale totale del fondo negli ultimi 5 anni è pari all'1,78%. Il fondo segnala di aver distribuito più del suo reddito e dei guadagni in conto capitale netti realizzati, indicando che parte della distribuzione rappresenta un rimborso di capitale per gli investitori.
El Fondo de Oportunidades Globales Clough (GLO) anunció una distribución mensual de $0.0480 por acción que se pagará el 29 de noviembre de 2024. La distribución se clasifica completamente como reembolso de capital (100%). El rendimiento acumulado del fondo desde el inicio del año fiscal muestra un retorno total acumulado sobre el NAV del 30.69% y un tasa de distribución anualizada del 9.49% basado en el NAV. El rendimiento total medio anual del fondo en los últimos 5 años es del 1.78%. El fondo señala que ha distribuido más de sus ingresos y ganancias de capital netas realizadas, lo que indica que parte de la distribución representa un reembolso de capital para los inversores.
클러프 글로벌 기회 펀드 (GLO)가 주당 $0.0480의 월 분배금을 발표했으며, 이는 2024년 11월 29일에 지급될 예정입니다. 이번 분배금은 전액 자본 환급으로 분류됩니다 (100%). 펀드의 회계 연도 기준 실적은 순資産가치(NAV)에 대한 누적 총 수익률이 30.69%이며, NAV 기준으로 연환산 분배율이 9.49%입니다. 펀드의 5년 평균 연간 총 수익률은 1.78%입니다. 펀드는 수익 및 실현된 자본 이익을 초과하여 분배했음을 언급하며, 이는 분배의 일부가 투자자에 대한 자본 환급을 나타낸다는 것을 의미합니다.
Le Fonds Clough Global Opportunities (GLO) a annoncé une distribution mensuelle de $0,0480 par action qui sera versée le 29 novembre 2024. La distribution est entièrement classée comme un remboursement de capital (100%). La performance du fonds depuis le début de l'année fiscale montre un retour total cumulatif sur la valeur nette d'inventaire (VNI) de 30,69% et un taux de distribution annualisé de 9,49% basé sur la VNI. Le rendement total moyen du fonds sur 5 ans est de 1,78%. Le fonds note qu'il a distribué plus que ses revenus et gains en capital nets réalisés, indiquant qu'une partie de la distribution représente un remboursement de capital pour les investisseurs.
Der Clough Global Opportunities Fund (GLO) hat eine monatliche Ausschüttung von $0,0480 pro Anteil angekündigt, die am 29. November 2024 ausgezahlt wird. Die Ausschüttung wird vollständig als Kapitalrückzahlung klassifiziert (100%). Die bis dato erzielte Performance des Fonds zeigt eine kumulierte Gesamtrendite auf das NAV von 30,69% und eine annualisierte Ausschüttungsquote von 9,49% basierend auf dem NAV. Die durchschnittliche jährliche Gesamtrendite des Fonds über 5 Jahre beträgt 1,78%. Der Fonds weist darauf hin, dass er mehr verteilt hat als sein Einkommen und die realisierten Nettokapitalgewinne, was darauf hindeutet, dass ein Teil der Ausschüttung eine Kapitalrückzahlung an die Anleger darstellt.
- Cumulative total return on NAV of 30.69% for fiscal year-to-date
- High annualized distribution rate of 9.49% based on NAV
- 100% of distribution classified as return of capital, indicating no income or capital gains generation
- Low 5-year average annual total return of 1.78%
Insights
The Fund's latest distribution of
The current annualized distribution rate of
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / November 29, 2024 / On November 29, 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 | % |
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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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| 0.00000 |
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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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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 10/31/2024) | |||||
Annualized Distribution Rate as a Percentage of NAV^ |
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| 9.49 | % |
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Cumulative Distribution Rate on NAV^ + |
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| 0.79 | % |
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Cumulative Total Return on NAV* |
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| 30.69 | % |
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Average Annual Total Return on NAV for the 5 Year Period Ending 10/31/2024** |
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| 1.78 | % |
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Past performance is not indicative of future results.
^Based on the Fund's NAV as of October 31, 2024.
+ Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through
November 30, 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 October 31, 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
What is the monthly distribution amount for Clough Global Opportunities Fund (GLO) in November 2024?
What is GLO's fiscal year-to-date total return as of October 31, 2024?
What percentage of GLO's November 2024 distribution is classified as return of capital?
What is GLO's 5-year average annual total return as of October 31, 2024?
