Clough Global Opportunities Fund Section 19(a) Notice
Rhea-AI Summary
Clough Global Opportunities Fund (NYSE American: GLO) paid a monthly distribution of $0.05010 per common share to holders of record on December 17, 2025. The Fund estimates the current distribution and fiscal year-to-date distributions are 100% return of capital (current: $0.05010; fiscal YTD: $0.10020 per share).
The Fund reports net investment income and net realized gains of $0.00 for this distribution. Based on NAV as of 11/30/2025, the Fund shows an annualized distribution rate of 9.19%, a cumulative distribution rate of 1.53%, fiscal YTD total return on NAV of 0.10%, and a 5-year annualized NAV return of 0.28%.
Positive
- Monthly distribution of $0.05010 per common share
- Fiscal YTD distributions total $0.10020 per share
- Annualized distribution rate of 9.19% on NAV (11/30/2025)
Negative
- Current distribution is 100% return of capital
- Net investment income reported as $0.00 for this distribution
- Fiscal YTD cumulative total return on NAV is only 0.10%
Key Figures
Market Reality Check
Peers on Argus
GLO gained 0.18% while peers were mixed: ACV down 0.15%, SABA flat, and FUNDb/RIV/TSI up between 0.40–0.68%, pointing to stock-specific rather than sector-driven dynamics.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 28 | Section 19(a) notice | Neutral | +1.1% | Monthly Section 19(a) notice showing 100% return of capital distribution. |
| Oct 31 | Section 19(a) notice | Neutral | +0.2% | Monthly Section 19(a) notice with YTD distributions all return of capital. |
| Oct 07 | Distribution declaration | Neutral | -2.3% | Declared three monthly cash distributions of $0.0501 per share for Q4 2025. |
| Sep 30 | Section 19(a) notice | Neutral | +0.2% | Monthly notice confirming 100% return of capital and NAV performance stats. |
| Aug 29 | Section 19(a) notice | Neutral | -0.2% | Monthly notice with distribution fully classified as return of capital. |
Repeated Section 19(a) notices showing 100% return of capital distributions have generally coincided with modest, mostly positive price reactions.
Over the last few months, GLO has repeatedly reported monthly distributions of $0.0501 per share, with Section 19(a) notices indicating 100% return of capital components. Prior notices on Aug 29, Sep 30, Oct 31, and Nov 28 2025 all described similar payout structures and NAV-based performance metrics. Price reactions to these updates were small, suggesting the market treated them as expected under the Fund’s managed distribution approach rather than new directional catalysts.
Market Pulse Summary
This announcement details GLO’s December monthly distribution of $0.0501 per share, noting that both the current and fiscal year-to-date amounts are estimated as 100% return of capital for Section 19(a) purposes. It also discloses an annualized distribution rate of 9.19% of NAV and a 5-year annualized NAV total return of 0.28%. Investors may watch future notices for shifts in the income/ROC mix and trends in NAV total returns versus the managed payout level.
Key Terms
investment company act of 1940 regulatory
return of capital financial
net asset value financial
managed distribution plan financial
AI-generated analysis. Not financial advice.
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESS Newswire / December 31, 2025 / On December 31, 2025, the Clough Global Opportunities Fund (NYSE American:GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: | ||||||||
Per Share ($) | % | |||||||
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 | 0.05010 | 100.00 | % | |||||
Total (per common share) | 0.05010 | 100.00 | % | |||||
Fiscal Year-to-Date Cumulative Distributions 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 | 0.10020 | 100.00 | % | |||||
Total (per common share) | 0.10020 | 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.
Fiscal Year to Date (11/1/2025 through 11/30/2025) | ||||
Annualized Distribution Rate as a Percentage of NAV^ | 9.19 | % | ||
Cumulative Distribution Rate on NAV^+ | 1.53 | % | ||
Cumulative Total Return on NAV* | 0.10 | % | ||
Average Annual Total Return on NAV for the 5-Year Period Ending 11/30/2025** | 0.28 | % | ||
Past performance is not indicative of future results.
^ Based on the Fund's NAV as of November 30, 2025.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2025 through December 31, 2025.
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period November 1, 2025 through November 30, 2025.
**The 5-year annualized 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.cloughcapital.com/cefs/glo/
Email: cloughclientinquiries@paralel.com
SOURCE: Clough Global Opportunities Fund | GLO
View the original press release on ACCESS Newswire
FAQ
What amount did GLO pay as the December 31, 2025 monthly distribution?
Was the GLO December 2025 distribution classified as return of capital?
What is GLO's fiscal year-to-date distribution per share through December 2025?
What NAV-based distribution metrics did GLO report as of 11/30/2025?
Will shareholders receive tax reporting for GLO distributions for 2025?
