Saba Capital (GLO) discloses 3.5M Clough Global shares, 8.18% ownership

Rhea-AI Filing Summary

Saba Capital Management and related reporting persons disclose a significant stake in Clough Global Opportunities Fund. They report beneficial ownership of 3,500,205 common shares, representing 8.18% of the fund’s outstanding common shares, based on 42,766,222 shares outstanding as of 10/31/25.

The position cost approximately $18,336,822 to acquire and was built through investor subscription proceeds, capital appreciation, and margin account borrowings in the ordinary course of business. All recent trades over the 60 days before 05/07/2026 were executed in the open market, and the stake is held with shared voting and dispositive power.

Key Figures

Beneficial ownership: 3,500,205 common shares Ownership percentage: 8.18% Shares outstanding: 42,766,222 shares +4 more

7 metrics

Beneficial ownership 3,500,205 common shares Shares of Clough Global Opportunities Fund reported by Saba Capital and affiliates

Ownership percentage 8.18% Percent of Clough Global Opportunities Fund common shares outstanding

Shares outstanding 42,766,222 shares Common shares outstanding as of 10/31/25 per N-CSR filed 1/6/26

Cost of position $18,336,822 Total paid to acquire the reported common shares

Event date 05/07/2026 Date of event requiring this Schedule 13D/A amendment

Shared voting power 3,500,205 shares Shares with shared voting power for each reporting person

Shared dispositive power 3,500,205 shares Shares with shared dispositive power for each reporting person

Key Terms

beneficial owner, Schedule 13D/A, margin account borrowings, dispositive power, +1 more

5 terms

beneficial owner financial

"the beneficial owner of the Common Shares reported herein"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

Schedule 13D/A regulatory

"This /A is being jointly filed by: (i) Saba Capital Management, L.P."

A Schedule 13D/A is an amended disclosure filed with regulators by an investor who already reported owning more than 5% of a company’s shares and needs to update their original filing. Think of it as a public status update that tells markets whether the investor’s ownership, plans, or source of funds have changed; such updates matter because they can signal a push for control, major strategic moves, or increased pressure on management, which can affect stock prices.

margin account borrowings financial

"and margin account borrowings made in the ordinary course of business"

dispositive power financial

"sole or shared power to dispose or to direct the disposition"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

N-CSR regulatory

"as disclosed in the company's N-CSR filed 1/6/26"

A Form N-CSR is a regulatory filing that mutual funds and other registered investment companies send to the U.S. Securities and Exchange Commission and make available to shareholders; it includes the fund’s certified shareholder report with audited financial statements, performance data and management discussion. For investors, it’s like a fund’s official report card and financial statement combined — it helps you verify how the fund is performing, what risks and fees exist, and whether the manager’s explanations match the numbers.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

Clough Global Opportunities Fund

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

18914E106

(CUSIP Number)

Saba Capital Management, L.P.
405 Lexington Avenue, 58th Floor, Attention: Michael D'Angelo
New York, NY, 10174
(212) 542-4635

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/07/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 18914E106

1

Name of reporting person

Saba Capital Management, L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,500,205.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,500,205.00

11

Aggregate amount beneficially owned by each reporting person

3,500,205.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.18 %

14

Type of Reporting Person (See Instructions)

PN, IA

Comment for Type of Reporting Person:

The percentages used herein are calculated based upon 42,766,222 shares of common stock outstanding as of 10/31/25, as disclosed in the company's N-CSR filed 1/6/26.

SCHEDULE 13D

CUSIP Number(s): 18914E106

1

Name of reporting person

Boaz R. Weinstein

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,500,205.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,500,205.00

11

Aggregate amount beneficially owned by each reporting person

3,500,205.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.18 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percentages used herein are calculated based upon 42,766,222 shares of common stock outstanding as of 10/31/25, as disclosed in the company's N-CSR filed 1/6/26.

SCHEDULE 13D

CUSIP Number(s): 18914E106

1

Name of reporting person

Saba Capital Management GP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,500,205.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,500,205.00

11

Aggregate amount beneficially owned by each reporting person

3,500,205.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

8.18 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percentages used herein are calculated based upon 42,766,222 shares of common stock outstanding as of 10/31/25, as disclosed in the company's N-CSR filed 1/6/26.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Shares, no par value
(b)	Name of Issuer: Clough Global Opportunities Fund
(c)	Address of Issuer's Principal Executive Offices: 1700 Broadway, Suite 1850, Denver, COLORADO , 80290.
Item 1 Comment: This Amendment No. 3 amends Items 3, 5, and 7.
Item 2.	Identity and Background
(a)	This Schedule 13D/A is being jointly filed by: (i) Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"); (ii) Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"); and (iii) Mr. Boaz R. Weinstein ("Mr. Weinstein"), (together, the "Reporting Persons"). Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any Reporting Person is, for the purposes of Sections 13 of the Securities Exchange Act of 1934, the beneficial owner of the Common Shares reported herein.
(b)	The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)	The principal business of: (i) Saba Capital is to serve as investment manager to private and public investment funds and/or accounts, (ii) Saba GP is to serve as general partner of the Saba Capital and other affiliated entities, and (iii) Mr. Weinstein, an individual, is managing member of the general partner of Saba Capital and other affiliated entities.
(d)	The Reporting Persons have not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	The Reporting Persons have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was, or is subject to, a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws.
(f)	Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
Item 3.	Source and Amount of Funds or Other Consideration
	Funds for the purchase of the Common Shares were derived from the subscription proceeds from investors and the capital appreciation thereon and margin account borrowings made in the ordinary course of business. In such instances, the positions held in the margin accounts are pledged as collateral security for the repayment of debit balances in the account, which may exist from time to time. Since other securities are held in the margin accounts, it is not possible to determine the amounts, if any, of margin used to purchase the Common Shares reported herein. A total of approximately $18,336,822 was paid to acquire the Common Shares reported herein.
Item 4.	Purpose of Transaction
	Not Applicable.
Item 5.	Interest in Securities of the Issuer
(a)	See the Reporting Persons section of this Schedule 13D/A for the aggregate number of Common Shares and percentages of the Common Shares beneficially owned by each of the Reporting Persons. The percentages used herein are calculated based upon 42,766,222 shares of common stock outstanding as of 10/31/25, as disclosed in the company's N-CSR filed 1/6/26.
(b)	See the Reporting Persons section of this Schedule 13D/A for the number of Common Shares as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.
(c)	The transactions in the Common Shares effected by the Reporting Persons within the past sixty days prior to 5/7/26, the date of the event which required filing of this Schedule 13D/A, which were all in the open market, are set forth in Schedule A, and are incorporated herein by reference.
(d)	The funds and accounts advised by Saba Capital have the right to receive the dividends and proceeds of sales from the Common Shares.
(e)	Not Applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	Not Applicable.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 4 - Schedule A

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Saba Capital Management, L.P.

Signature:	/s/ Michael D'Angelo
Name/Title:	General Counsel
Date:	05/11/2026

Boaz R. Weinstein

Signature:	/s/ Michael D'Angelo
Name/Title:	Authorized Signatory
Date:	05/11/2026

Saba Capital Management GP, LLC

Signature:	/s/ Michael D'Angelo
Name/Title:	Attorney-in-fact*
Date:	05/11/2026

Comments accompanying signature:

Pursuant to a power of attorney dated as of November 16, 2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G filed by the Reporting Persons on December 28, 2015, accession number: 0001062993-15-006823

FAQ

What stake in Clough Global Opportunities Fund (GLO) does Saba Capital report?

Saba Capital and related reporting persons report beneficial ownership of 3,500,205 common shares of Clough Global Opportunities Fund, representing 8.18% of the outstanding common shares, based on 42,766,222 shares reported outstanding as of 10/31/25.

How much did Saba Capital pay for its GLO share position?

The filing states that approximately $18,336,822 was paid to acquire the 3,500,205 common shares reported. These funds came from investor subscription proceeds, capital appreciation, and margin borrowings used in the ordinary course of Saba Capital’s investment activities.

How is voting and dispositive power over GLO shares held by Saba Capital?

The reporting persons indicate 0 shares with sole voting or dispositive power and 3,500,205 shares with shared voting and shared dispositive power. This means control over voting and sale decisions is shared among the reporting entities identified in the filing.

What percentage of GLO’s outstanding shares does Saba Capital’s position represent?

The filing calculates that Saba Capital’s 3,500,205 common shares represent 8.18% of the class. This percentage uses 42,766,222 shares outstanding as of 10/31/25, as disclosed in the company’s N-CSR filed on 1/6/26.

How were the funds sourced for Saba Capital’s GLO investment?

Funds to buy the Clough Global Opportunities Fund shares came from subscription proceeds from investors, capital appreciation, and margin account borrowings. Positions in these margin accounts are pledged as collateral for any debit balances related to those borrowings.

Did Saba Capital use open-market transactions to build its GLO position?

Yes. The filing explains that transactions in the common shares within the sixty days before 05/07/2026, the event date triggering this amendment, were all executed in the open market, as detailed in Schedule A incorporated by reference.