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.
On January 29, 2021, the Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.1087 per share, payable to shareholders of record as of January 20, 2021. The full distribution is sourced entirely from net realized short-term capital gains. Year-to-date cumulative distributions stand at $0.2881 per share, reflecting a 9.93% annualized distribution rate based on the Fund's net asset value (NAV). The Fund emphasizes that past performance is not indicative of future results, and the Board of Trustees will monitor distribution levels regularly.
The Board of Trustees for the Clough Global Opportunities Fund (GLO) has declared a monthly cash distribution of $0.1087 per common share, marking a 21% increase from the previous amount. This increase aligns with the Fund's policy of distributing an amount equal to one twelfth of 10% of the adjusted year-ending net asset value per share. Key dates for the distributions include:
- Ex-Date: January 19, 2021
- Record Date: January 20, 2021
- Payable Date: January 29, 2021
As of December 31, 2020, the Fund had approximately $661.1 million in total assets.
On December 31, 2020, the Clough Global Opportunities Fund (NYSE MKT: GLO) declared a monthly distribution of $0.0897 per share for shareholders on record as of December 21, 2020. This distribution is entirely sourced from net realized short-term capital gains, with no contributions from net investment income or returns of capital. The fund's annualized distribution rate is reported at 8.86% as of November 30, 2020, with a cumulative total return on NAV of 16.92%.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0897 per share on November 30, 2020, to shareholders registered by November 20, 2020. The distribution is sourced entirely from net realized short-term capital gain, reflecting a 100% attribution to this source. The Fund's annualized distribution rate as of October 31, 2020, stands at 10.27%, with a cumulative total return on net asset value (NAV) reported at 11.91% for the fiscal year-to-date.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0897 per share to shareholders as of October 30, 2020. This distribution is entirely attributed to a return of capital, comprising 100% of the total amount. For the fiscal year-to-date, the cumulative distribution rate is 9.67% of the Fund's Net Asset Value (NAV), while the annualized distribution rate stands at 9.71%. The Board of Trustees will continue to monitor distribution levels in relation to the Fund's NAV and market conditions.
The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0897 per common share for October, November, and December 2020. According to the Fund's managed distribution policy, this amount reflects one twelfth of 10% of the Fund's adjusted year-ending net asset value per share. Key dates include the Ex-Date on October 19, 2020, and the Payable Date on October 30, 2020. As of September 30, 2020, the Fund managed approximately $580.5 million in total assets, aiming for a high total return through equity and fixed-income securities.
On September 30, 2020, Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0897 per share to shareholders recorded as of September 18, 2020. The distribution is sourced entirely from a return of capital, accounting for 100% of the distribution amount. As of August 31, 2020, the fund reported an annualized distribution rate of 9.44% and a cumulative total return of 19.37% for the fiscal year-to-date. The Board of Trustees will continue to review the distribution levels in accordance with the fund's net asset value and market conditions.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0897 per share for shareholders as of August 21, 2020. Notably, this distribution is entirely attributed to a return of capital, making up 100% of the total. The fund's fiscal year-to-date cumulative distribution rate stands at 8.01% on a NAV basis, with an annualized distribution rate of 9.67%. The fund's cumulative total return on NAV for the same period is 15.48%. The Board of Trustees will continue to monitor the fund's distribution levels.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0897 per share on July 31, 2020, payable to shareholders on record as of July 21, 2020. This distribution is entirely a return of capital, comprising 100% of the total distribution amount. The fund's fiscal year-to-date cumulative distribution rate on net asset value (NAV) stands at 7.84%, with an annualized distribution rate of 10.52%. The Fund's performance indicates a cumulative total return of 5.15% on NAV.
The Clough Global Opportunities Fund (GLO) announced a monthly cash distribution of $0.0897 per share, effective for the months of July, August, and September 2020. This distribution follows the Fund's managed policy, amounting to one-twelfth of 10% of the adjusted year-end net asset value (NAV). Key dates include the ex-dates on July 20, August 20, and September 17, 2020. As of June 30, 2020, the Fund had total assets of $552.7 million. A portion of the distribution may originate from sources other than net income. More details can be found on their official website.
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