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 (GLO) announced a monthly cash distribution of $0.0943 per common share for July, August, and September 2022. This distribution aligns with the Fund's policy to set monthly rates at one-twelfth of 10% of the adjusted year-end net asset value (NAV). Relevant dates include the ex-dates of July 18, August 18, and September 19, with payable dates on July 29, August 31, and September 30. As of June 30, 2022, the Fund had total assets of approximately $654.7 million.
The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0943 per share to shareholders of record as of June 17, 2022. This distribution is entirely a return of capital, comprising 100% of the total amount. For the fiscal year-to-date, the fund has provided a cumulative distribution rate of 12.25% and a cumulative total return of -31.10% on NAV. The board of trustees will continue to review distribution levels in light of the fund's performance and market conditions.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share for shareholders of record as of May 20, 2022. The distribution consists entirely of net realized long-term capital gains, with no contributions from net investment income or short-term gains. The fund's annualized distribution rate is 13.67% based on the net asset value (NAV) as of April 29, 2022. The cumulative total return on NAV for the fiscal year is reported at -28.90%. Future distributions will depend on ongoing investment performance.
On April 29, 2022, the Clough Global Opportunities Fund (NYSE MKT: GLO) declared a monthly distribution of $0.0943 per share to shareholders who were on record as of April 19, 2022. The distribution is solely attributed to net realized long-term capital gains, with no contributions from net investment income or short-term capital gains. The fund reported an annualized distribution rate of 12.23% based on its Net Asset Value (NAV) as of March 31, 2022. However, the cumulative total return on NAV shows a significant decline of -21.46%.
The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0943 per common share for the months of April, May, and June 2022. This distribution aligns with the Fund's managed distribution policy, set at one-twelfth of 10% of its adjusted year-end net asset value per share. Key dates include an ex-date of April 18, 2022, record date of April 19, 2022, and payable date of April 29, 2022. The Fund focuses on delivering high total returns through a diversified portfolio of equity and fixed income securities.
The Clough Global Opportunities Fund (GLO) has announced a monthly distribution of $0.0943 per share, payable to shareholders of record as of February 18, 2022. This distribution totals 100% from net realized long-term capital gains. Year-to-date, the cumulative distribution amount per share stands at $0.4060, with 73.45% from long-term capital gains. The Fund's annualized distribution rate is 11.58% based on the net asset value (NAV) as of January 31, 2022. Shareholders are advised that past performance may not be indicative of future results.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share for January 2022, payable to shareholders of record by January 21, 2022. The distribution is fully attributed to net realized long-term capital gain. For the fiscal year-to-date, the cumulative total distribution per share is $0.3117, with a breakdown showing a 100% allocation from net realized long-term capital gains.
As of December 31, 2021, the Fund's annualized distribution rate as a percentage of NAV was 10.05%, while the cumulative total return on NAV was -7.20%.
The Clough Global Opportunities Fund has announced a monthly cash distribution of $0.0943 per common share, reflecting a 13.25% decrease from the previous rate. This adjustment aligns with the Fund's policy to distribute 10% of its adjusted year-end net asset value per share in monthly installments. Key dates include the ex-dates of January 20, February 17, and March 17, 2022, with payable dates at the end of each month. As of December 31, 2021, the Fund managed approximately $739.8 million in total assets.
On December 31, 2021, Clough Global Opportunities Fund (NYSE MKT: GLO) distributed $0.1087 per share to shareholders of record as of December 21, 2021. The distribution is entirely derived from net realized long-term capital gains, accounting for 100% of the payout. The Fund's fiscal year-to-date cumulative distributions total $0.2174 per share, with 49.82% attributed to net realized short-term capital gains and 50.18% to long-term capital gains. The annualized distribution rate stands at 11.25% based on the Net Asset Value (NAV) as of November 30, 2021, despite a cumulative total return on NAV of -5.43%. Past performance does not guarantee future results.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.1087 per share to shareholders recorded as of November 19, 2021. The Fund's distribution is comprised entirely of net realized short-term capital gains, representing 100% of the total distribution. For the fiscal year-to-date, the annualized distribution rate is 10.54% based on the Fund's Net Asset Value (NAV), with a cumulative total return of 34.71%. The Fund's policy regarding distributions may change as reviewed by the Board of Trustees.
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