Welcome to our dedicated page for Clough Global Opportunities Fund news (Ticker: GLO), a resource for investors and traders seeking the latest updates and insights on Clough Global Opportunities Fund stock.
Clough Global Opportunities Fund (Symbol: GLO) is a closed-end management investment company based in the United States. The primary investment objective of the Fund is to provide a high level of total return. This objective is pursued by investing in a diversified portfolio that includes both U.S. and non-U.S. equity and debt securities. By leveraging Clough Capital Partners L.P.'s global research capabilities, the Fund makes informed investment decisions to achieve its goals.
The Fund has a managed distribution policy that sets the monthly distribution rate at an amount equal to one-twelfth of 10% of the Fund's adjusted year-end net asset value per share (NAV). This policy aims to deliver consistent returns to shareholders while maintaining the Fund's long-term investment strategy.
As of March 31, 2024, the Fund had approximately $360.3 million in total assets. The portfolio managers, Chuck Clough and Bill Whelan, utilize a fundamental research-driven investment process to uncover opportunities across various markets and sectors. This approach allows the Fund to adapt to changing market conditions and find the best investment opportunities globally.
Recent achievements include the Fund's monthly distributions of $0.0480 per share, which have been consistent over the past several months. These distributions are paid to shareholders of record at the close of business on the specified record dates. Additionally, the Fund's Board of Trustees actively monitors distribution levels and the financial market environment to ensure the Fund remains on track to meet its investment objectives.
The Fund is part of the broader Clough Capital Partners L.P. family, which manages approximately $1.2 billion in assets across various investment vehicles, including hedge funds, institutional accounts, exchange-traded funds, and other closed-end funds. This extensive experience and diversified approach provide a solid foundation for the Fund's investment strategy.
For shareholders and potential investors, it is important to note that past performance is not indicative of future results. The value of an investment in the Fund is determined by its market price, which can fluctuate based on supply and demand in the open market. Investors are encouraged to review the Fund's annual and semi-annual reports for detailed information about its performance, investment strategy, and financials.
For more information on the Clough Global Opportunities Fund, including its dividend reinvestment plan and other investment opportunities, please visit the Fund's website or contact Clough Capital Partners L.P. directly.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a distribution of $0.0483 per share, payable to shareholders as of January 20, 2023. This amount is fully attributed to a return of capital, indicating that the Fund has distributed more than its earnings and capital gains. The Fund reported an annualized distribution rate of 9.99% based on its Net Asset Value (NAV) as of December 31, 2022, with a cumulative distribution rate of 4.08% for the fiscal year-to-date. However, the cumulative total return on NAV stands at -3.37%, with a five-year average annual total return of -2.03%. Shareholders are advised that this distribution does not solely reflect investment performance.
The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0483 per common share for January, February, and March 2023. This amount aligns with the Fund's managed distribution policy, representing one-twelfth of 10% of the average net asset value (NAV) per share from the previous year. The ex-dates for the distributions are January 19, February 16, and March 16, with payable dates on January 31, February 28, and March 31
The Fund aims to provide high total returns through a diversified investment strategy.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share for shareholders recorded by December 20, 2022. This distribution is entirely attributed to a return of capital, with 0% from net investment income or capital gains. For the fiscal year to date, the cumulative distribution is $0.1886 per share, also solely from return of capital. The fund's performance shows an annualized distribution rate of 18.11% of Net Asset Value (NAV) as of November 30, 2022, despite a -0.70% average annual total return over the last five years.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share, payable to shareholders on November 18, 2022. The distribution is entirely attributed to a return of capital, reflecting 100% of the distribution amount. As of October 31, 2022, the fund's annualized distribution rate stood at 18.22% based on its net asset value (NAV). Additionally, the cumulative total return on NAV year-to-date is reported at -42.06%.
On October 31, 2022, the Clough Global Opportunities Fund (GLO) declared a monthly distribution of $0.0943 per share for shareholders of record as of October 21, 2022. The distribution consists entirely of a return of capital, with no amounts attributed to net investment income or realized capital gains. For the fiscal year-to-date, the fund has made cumulative distributions totaling $1.1604 per share, with a substantial portion attributed to returns of capital. The fund reported a cumulative total return on Net Asset Value (NAV) of -43.25% for the fiscal year.
The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0943 per common share for October, November, and December 2022. This distribution aligns with the Fund's managed policy to set the monthly rate at one twelfth of 10% of the adjusted year-end net asset value (NAV). Key dates include an ex-date of October 20, 2022, and payable dates at the month’s end. The Fund, with approximately $569 million in total assets as of September 30, 2022, aims for high total returns through diversified investments in equity and fixed-income securities.
The Clough Global Opportunities Fund (NYSE MKT: GLO) declared a monthly distribution of $0.0943 per share on September 30, 2022, for shareholders recorded by September 20, 2022. The fund's current distribution is entirely from return of capital, with net investment income and capital gains at 0.00%. The fiscal year-to-date cumulative distributions total $1.0661 per share, highlighting that 36.35% comes from returns of capital, while the cumulative total return on NAV shows a negative -37.66%. The fund's investment performance indicates a significant decline in net asset value.
The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0943 per share to shareholders as of August 19, 2022. All of this distribution is characterized as a return of capital, with no amounts attributed to net investment income or realized capital gains. The cumulative fiscal year-to-date distribution rate stands at 13.06% on net asset value (NAV), while the cumulative total return on NAV reflects a significant decline of -33.69%. Shareholders are advised that this distribution does not necessarily reflect the Fund's overall investment performance.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share for shareholders of record as of July 19, 2022. This distribution is derived entirely from a return of capital, accounting for 100% of the total. For the fiscal year-to-date, the fund reported a cumulative distribution rate of 12.04% on NAV and an annualized distribution rate of 15.52%. However, the cumulative total return on NAV is reported at -35.84%, highlighting negative performance amid challenges.
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