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 August 30, 2024. The entire distribution (100%) is classified as a return of capital. For the fiscal year-to-date, 98.40% of distributions have been return of capital, with only 1.60% from net investment income. The Fund's annualized distribution rate is 9.22% of NAV, with a cumulative total return on NAV of 31.00% for the fiscal year to date. The average annual total return on NAV for the 5-year period ending July 31, 2024, is 2.14%. Shareholders are cautioned that the distribution rate should not be considered as dividend yield or total return on investment.
Il Clough Global Opportunities Fund (NYSE American: GLO) ha effettuato una distribuzione mensile di $0.0480 per azione il 30 agosto 2024. L'intera distribuzione (100%) è classificata come un ritorno di capitale. Per l'anno fiscale fino ad oggi, il 98,40% delle distribuzioni è stato un ritorno di capitale, con solo l'1,60% proveniente da reddito netto da investimenti. Il tasso di distribuzione annualizzato del fondo è del 9,22% del NAV, con un ritorno totale cumulativo sul NAV del 31,00% per l'anno fiscale fino ad oggi. Il ritorno totale annuale medio sul NAV per il periodo di 5 anni che termina il 31 luglio 2024 è del 2,14%. Agli azionisti viene consigliato di non considerare il tasso di distribuzione come rendimento da dividendi o ritorno totale sull'investimento.
El Clough Global Opportunities Fund (NYSE American: GLO) realizó una distribución mensual de $0.0480 por acción el 30 de agosto de 2024. La distribución total (100%) se clasifica como un retorno de capital. Para el año fiscal hasta la fecha, el 98,40% de las distribuciones ha sido retorno de capital, con solo el 1,60% proveniente de ingresos netos por inversiones. El tasa de distribución anualizada del fondo es del 9,22% del NAV, con un retorno total acumulado sobre el NAV del 31,00% para el año fiscal hasta la fecha. El retorno total anual promedio sobre el NAV para el período de 5 años que finaliza el 31 de julio de 2024 es del 2,14%. Se advierte a los accionistas que la tasa de distribución no debe considerarse como rendimiento de dividendos o retorno total sobre la inversión.
클라우 글로벌 오퍼튜니티 펀드(NYSE American: GLO)는 2024년 8월 30일에 주당 $0.0480의 월 배당금을 지급했습니다. 전체 배당금(100%)은 자본 환급으로 분류됩니다. 회계연도 시작부터 현재까지 배당금의 98.40%가 자본 환급이며, 순투자 수익으로부터는 단 1.60%만 발생하였습니다. 펀드의 연화 할인율은 NAV의 9.22%이며, 회계연도 현재까지 NAV에 대한 누적 총 수익률은 31.00%입니다. 2024년 7월 31일 종료된 5년 기간 동안의 NAV에 대한 평균 연간 총 수익률은 2.14%입니다. 주주들에게는 배당금율을 배당수익률이나 투자 총수익으로 간주하지 말 것을 권고합니다.
Le Clough Global Opportunities Fund (NYSE American: GLO) a effectué une distribution mensuelle de $0.0480 par action le 30 août 2024. L'intégralité de la distribution (100%) est classée comme un retour de capital. Depuis le début de l'année fiscale, 98,40% des distributions ont été un retour de capital, avec seulement 1,60% provenant des revenus nets d'investissement. Le taux de distribution annualisé du fonds est de 9,22% du NAV, avec un retour total cumulé sur le NAV de 31,00% depuis le début de l'année fiscale. Le retour total annuel moyen sur le NAV pour la période de 5 ans se terminant le 31 juillet 2024 est de 2,14%. Les actionnaires sont avertis que le taux de distribution ne doit pas être considéré comme un rendement de dividende ou un retour total sur investissement.
Der Clough Global Opportunities Fund (NYSE American: GLO) hat am 30. August 2024 eine monatliche Ausschüttung von 0,0480 $ pro Aktie vorgenommen. Die gesamte Ausschüttung (100%) wird als Kapitaleinzahlung klassifiziert. Für das laufende Geschäftsjahr stammen 98,40% der Ausschüttungen aus Kapitaleinzahlungen, lediglich 1,60% aus Nettoanlageerträgen. Die annualisierte Ausschüttungsrate des Fonds beträgt 9,22% des NAV, mit einer kumulierten Gesamtrendite auf den NAV von 31,00% für das laufende Geschäftsjahr. Die durchschnittliche jährliche Gesamtrendite auf den NAV für den 5-Jahres-Zeitraum, der am 31. Juli 2024 endet, beträgt 2,14%. Den Aktionären wird geraten, die Ausschüttungsrate nicht als Dividendenrendite oder Gesamtrendite der Investition zu betrachten.
- Cumulative total return on NAV of 31.00% for the fiscal year to date
- Annualized distribution rate of 9.22% of NAV
- 98.40% of fiscal year-to-date distributions classified as return of capital
- Low average annual total return on NAV of 2.14% for the 5-year period
Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESSWIRE / August 30, 2024 / On August 30, 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: |
|
|
|
|
|
| ||
|
| Per Share ($) |
|
| % |
| ||
Net Investment Income |
|
| 0.00000 |
|
|
| 0.00 | % |
Net Realized Short-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Net Realized Long-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Return of Capital or other Capital Source |
|
| 0.04800 |
|
|
| 100.00 | % |
Total (per common share) |
|
| 0.04800 |
|
|
| 100.00 | % |
|
|
|
|
|
|
|
|
|
Fiscal Year-to-Date Cumulative Distributions from: |
|
|
|
|
|
|
|
|
|
| Per Share ($) |
|
| % |
| ||
Net Investment Income |
|
| 0.00771 |
|
|
| 1.60 | % |
Net Realized Short-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Net Realized Long-Term Capital Gain |
|
| 0.00000 |
|
|
| 0.00 | % |
Return of Capital or other Capital Source |
|
| 0.47289 |
|
|
| 98.40 | % |
Total (per common share) |
|
| 0.48060 |
|
|
| 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 7/31/2024) |
| |||
Annualized Distribution Rate as a Percentage of NAV^ |
|
| 9.22 | % |
Cumulative Distribution Rate on NAV^+ |
|
| 7.69 | % |
Cumulative Total Return on NAV* |
|
| 31.00 | % |
|
|
|
| |
Average Annual Total Return on NAV for the 5 Year Period Ending 7/31/2024** |
|
| 2.14 | % |
|
|
|
| |
Past performance is not indicative of future results.
^ Based on the Fund's NAV as of July 31, 2024.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2023 through
August 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 July 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 was the monthly distribution amount for Clough Global Opportunities Fund (GLO) on August 30, 2024?
What percentage of GLO's current distribution is classified as return of capital?
What is the cumulative total return on NAV for GLO from November 1, 2023, to July 31, 2024?
What is the 5-year average annual total return on NAV for GLO as of July 31, 2024?
