Welcome to our dedicated page for Clough Global Opportunities news (Ticker: GLO), a resource for investors and traders seeking the latest updates and insights on Clough Global Opportunities stock.
Clough Global Opportunities Fund (GLO) is a closed-end investment vehicle leveraging global research to pursue total returns through diversified equity and fixed-income strategies. This news hub provides investors with essential updates about the fund's operations, market positioning, and financial developments.
Access authoritative coverage of GLO's quarterly earnings, portfolio adjustments, and strategic initiatives. Our curated collection includes press releases on capital distributions, risk management practices, and Clough Capital Partners' research insights. Stay informed about the fund's managed distribution policy and global market engagements through verified financial reporting.
Key updates cover three primary areas: investment strategy implementations, distribution policy updates, and global market analysis driving portfolio decisions. Bookmark this page for real-time access to regulatory filings, shareholder communications, and comprehensive performance disclosures.
The Clough Global Opportunities Fund (GLO) has announced monthly cash distributions of $0.0501 per common share for January, February, and March 2025. The Fund's distribution policy sets monthly rates at one-twelfth of 10% of the Fund's adjusted year-end NAV, calculated as the average of the last five business days' NAVs of the prior calendar year.
The Fund, managed by Chuck Clough and Bill Whelan, aims for high total returns through investments in equity, equity-related, and fixed income securities across U.S. and non-U.S. markets. As of December 31, 2024, the Fund held approximately $358.2 million in total assets. Clough Capital Partners L.P., the Boston-based investment advisory firm managing the Fund, oversees approximately $1.3 billion in total assets across various investment vehicles.
Clough Global Opportunities Fund (GLO) has announced its monthly distribution of $0.0480 per share, paid on December 30, 2024, to shareholders of record as of December 16, 2024. The distribution analysis reveals that 100% of the current distribution ($0.04800) comes from return of capital or other capital sources. The Fund's fiscal year-to-date performance shows a cumulative total return on NAV of 2.56% and an annualized distribution rate of 9.34% based on NAV. The Fund's 5-year average annual total return on NAV stands at 1.67% as of November 30, 2024.
The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0480 per share paid on November 29, 2024. The distribution is entirely classified as return of capital (100%). The Fund's fiscal year-to-date performance shows a cumulative total return on NAV of 30.69% and an annualized distribution rate of 9.49% based on NAV. The Fund's 5-year average annual total return stands at 1.78%. The Fund notes that it has distributed more than its income and net realized capital gains, indicating that part of the distribution represents a return of capital to investors.
Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0480 per share paid on October 31, 2024. The distribution sources breakdown shows 100% comes from return of capital for the current distribution. For the fiscal year-to-date, 98.66% is return of capital and 1.34% is net investment income. The Fund's performance metrics include a 33.78% cumulative total return on NAV for the fiscal year to date and a 3.24% average annual total return over the past 5 years. The current annualized distribution rate is 9.19% of NAV.
The Board of Trustees for the Clough Global Opportunities Fund (GLO) has declared a monthly cash distribution of $0.0480 per common share for October, November, and December 2024. The Fund's managed distribution policy sets the monthly rate at one-twelfth of 10% of the Fund's adjusted year-end net asset value per share. Key dates for the distributions include:
- October: Ex-Date and Record Date - Oct 18, Payable Date - Oct 31
- November: Ex-Date and Record Date - Nov 15, Payable Date - Nov 29
- December: Ex-Date and Record Date - Dec 16, Payable Date - Dec 30
The Fund, managed by Clough Capital Partners L.P., aims for high total return by investing in equity, equity-related, and fixed income securities globally. As of September 30, 2024, the Fund had approximately $375.6 million in total assets.
The Clough Global Opportunities Fund (NYSE American:GLO) paid a monthly distribution of $0.0480 per share on September 30, 2024. The distribution is entirely classified as a return of capital. For the fiscal year-to-date, 98.54% of distributions have been return of capital, with only 1.46% from net investment income.
The Fund's performance metrics include an annualized distribution rate of 9.28% and a cumulative total return on NAV of 31.34% for the fiscal year to date. The average annual total return on NAV for the 5-year period ending August 31, 2024, is 2.19%.
The Fund estimates it has distributed more than its income and net realized capital gains, indicating that a portion of the distribution may be a return of capital. Shareholders are advised not to draw conclusions about the Fund's investment performance from this distribution.
The Clough Global Opportunities Fund (NYSE American: GLO) paid a monthly distribution of $0.0480 per share on August 30, 2024. The entire distribution (100%) is classified as a return of capital. For the fiscal year-to-date, 98.40% of distributions have been return of capital, with only 1.60% from net investment income. The Fund's annualized distribution rate is 9.22% of NAV, with a cumulative total return on NAV of 31.00% for the fiscal year to date. The average annual total return on NAV for the 5-year period ending July 31, 2024, is 2.14%. Shareholders are cautioned that the distribution rate should not be considered as dividend yield or total return on investment.
The Clough Global Opportunities Fund (NYSE American: GLO) paid a monthly distribution of $0.0480 per share on July 31, 2024. The distribution is entirely classified as a return of capital. For the fiscal year-to-date, 98.22% of distributions have been return of capital, with only 1.78% from net investment income. The Fund's annualized distribution rate is 9.04% of NAV, with a cumulative distribution rate of 6.79%. The Fund's fiscal year-to-date cumulative total return on NAV is 32.35%, while its 5-year average annual total return is 2.50%. The Fund estimates it has distributed more than its income and net realized capital gains, indicating a portion of the distribution may be a return of capital.
The Clough Global Opportunities Fund has announced monthly cash distributions of $0.0480 per share for July, August, and September 2024. The distribution is based on the Fund's policy to set monthly rates equal to one-twelfth of 10% of the adjusted year-end NAV per share. Key dates include the ex-date, record date, and payable date for each month. The Fund, managed by Clough Capital Partners, aims for high total return through investment in diverse global securities. As of June 30, 2024, the Fund held $408.3 million in total assets. A portion of the distribution may come from various sources, including capital gains and return of capital. Clough Capital manages $1.3 billion in assets across different funds and accounts.
The Clough Global Opportunities Fund (NYSE American:GLO) announced a $0.0480 per share monthly distribution on June 28, 2024, for shareholders of record as of June 17, 2024. This distribution is entirely sourced from the return of capital, as the fund reported no net investment income or capital gains for this period. Fiscal year-to-date, the fund has distributed $0.38460 per share, with 98% attributed to the return of capital.
For the fiscal year ending May 31, 2024, the fund reported an annualized distribution rate of 9.32% of its NAV, a cumulative distribution rate of 6.22%, and a cumulative total return on NAV of 27.25%. The average annual total return on NAV over the past five years was 2.65%. These figures are based on changes in NAV and assume reinvestment of distributions.
The Fund emphasizes that these distributions should not be interpreted as a reflection of investment performance and advises shareholders to review the Form 1099-DIV for accurate tax reporting.
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