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 (NYSE American: GLO) is a closed-end fund with an investment objective of providing a high level of total return. The fund invests in equity and equity-related securities, as well as fixed income securities, including corporate and sovereign debt, in both U.S. and non-U.S. markets. Its adviser, Clough Capital Partners L.P., applies a fundamental, research-driven investment process and utilizes global research capabilities to manage the portfolio.
The GLO news feed features regular updates on the fund’s distribution declarations and Section 19(a) notices. These items detail monthly cash distributions, the operation of the managed distribution policy, and estimated sources of distributions, including net investment income, realized capital gains, and return of capital. News releases often explain that a portion of distributions may be a return of capital and clarify that this does not necessarily reflect investment performance or represent yield or income.
Investors can also find coverage of fund performance metrics based on changes in net asset value (NAV), such as fiscal year-to-date total return on NAV, annualized distribution rates as a percentage of NAV, and multi-year average annual total returns on NAV. These figures are presented with the reminder that past performance is not indicative of future results and that a shareholder’s investment value is determined by the fund’s market price.
In addition, GLO news may highlight governance and policy developments, such as amendments to the fund’s by-laws or updates from the board of trustees regarding the managed distribution policy. Announcements of market update conference calls hosted by Clough Capital Partners L.P. for GLO and related funds also appear in the news flow, providing investors with opportunities to hear commentary from portfolio managers. This page brings together these recurring disclosures so readers can follow how the fund manages distributions, communicates performance information, and addresses regulatory and governance matters over time.
The Board of Trustees for the Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of
The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0483 per share, payable to shareholders as of March 17, 2023. This distribution is sourced entirely from a return of capital, which constitutes 100% of the total distribution amount. For the fiscal year-to-date, the cumulative distribution per share is $0.3335, also entirely from return of capital. The Fund has reported an annualized distribution rate of 10.37% based on its Net Asset Value (NAV), while the cumulative total return on NAV is -5.06% as of February 28, 2023. The Fund's performance should not be interpreted as indicative of future results.
The Clough Global Opportunities Fund (GLO) has announced a monthly distribution of $0.0483 per share, payable to shareholders on February 17, 2023. The distribution is entirely classified as a return of capital, with no portion attributed to net investment income or capital gains. The Fund's annualized distribution rate stands at 9.92% of its net asset value (NAV). However, the cumulative total return on NAV is reported at -1.77% for the fiscal year-to-date. As of January 31, 2023, the Fund's average annual total return over five years is -2.72%. Shareholders should note that past performance does not guarantee future results.
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