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 Clough Global Opportunities Fund (NYSE MKT: GLO) announced a distribution of $0.0483 per share, payable to shareholders as of January 20, 2023. This amount is fully attributed to a return of capital, indicating that the Fund has distributed more than its earnings and capital gains. The Fund reported an annualized distribution rate of 9.99% based on its Net Asset Value (NAV) as of December 31, 2022, with a cumulative distribution rate of 4.08% for the fiscal year-to-date. However, the cumulative total return on NAV stands at -3.37%, with a five-year average annual total return of -2.03%. Shareholders are advised that this distribution does not solely reflect investment performance.
The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0483 per common share for January, February, and March 2023. This amount aligns with the Fund's managed distribution policy, representing one-twelfth of 10% of the average net asset value (NAV) per share from the previous year. The ex-dates for the distributions are January 19, February 16, and March 16, with payable dates on January 31, February 28, and March 31
The Fund aims to provide high total returns through a diversified investment strategy.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share for shareholders recorded by December 20, 2022. This distribution is entirely attributed to a return of capital, with 0% from net investment income or capital gains. For the fiscal year to date, the cumulative distribution is $0.1886 per share, also solely from return of capital. The fund's performance shows an annualized distribution rate of 18.11% of Net Asset Value (NAV) as of November 30, 2022, despite a -0.70% average annual total return over the last five years.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share, payable to shareholders on November 18, 2022. The distribution is entirely attributed to a return of capital, reflecting 100% of the distribution amount. As of October 31, 2022, the fund's annualized distribution rate stood at 18.22% based on its net asset value (NAV). Additionally, the cumulative total return on NAV year-to-date is reported at -42.06%.
On October 31, 2022, the Clough Global Opportunities Fund (GLO) declared a monthly distribution of $0.0943 per share for shareholders of record as of October 21, 2022. The distribution consists entirely of a return of capital, with no amounts attributed to net investment income or realized capital gains. For the fiscal year-to-date, the fund has made cumulative distributions totaling $1.1604 per share, with a substantial portion attributed to returns of capital. The fund reported a cumulative total return on Net Asset Value (NAV) of -43.25% for the fiscal year.
The Clough Global Opportunities Fund (GLO) has announced a monthly cash distribution of $0.0943 per common share for October, November, and December 2022. This distribution aligns with the Fund's managed policy to set the monthly rate at one twelfth of 10% of the adjusted year-end net asset value (NAV). Key dates include an ex-date of October 20, 2022, and payable dates at the month’s end. The Fund, with approximately $569 million in total assets as of September 30, 2022, aims for high total returns through diversified investments in equity and fixed-income securities.
The Clough Global Opportunities Fund (NYSE MKT: GLO) declared a monthly distribution of $0.0943 per share on September 30, 2022, for shareholders recorded by September 20, 2022. The fund's current distribution is entirely from return of capital, with net investment income and capital gains at 0.00%. The fiscal year-to-date cumulative distributions total $1.0661 per share, highlighting that 36.35% comes from returns of capital, while the cumulative total return on NAV shows a negative -37.66%. The fund's investment performance indicates a significant decline in net asset value.
The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.0943 per share to shareholders as of August 19, 2022. All of this distribution is characterized as a return of capital, with no amounts attributed to net investment income or realized capital gains. The cumulative fiscal year-to-date distribution rate stands at 13.06% on net asset value (NAV), while the cumulative total return on NAV reflects a significant decline of -33.69%. Shareholders are advised that this distribution does not necessarily reflect the Fund's overall investment performance.
The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.0943 per share for shareholders of record as of July 19, 2022. This distribution is derived entirely from a return of capital, accounting for 100% of the total. For the fiscal year-to-date, the fund reported a cumulative distribution rate of 12.04% on NAV and an annualized distribution rate of 15.52%. However, the cumulative total return on NAV is reported at -35.84%, highlighting negative performance amid challenges.
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