Clough Global Opportunities Stock Price, News & Analysis

The Clough Global Opportunities Fund (NYSE MKT: GLO) has announced a monthly distribution of $0.1087 per share to shareholders of record as of August 20, 2021. This distribution is solely derived from net realized short-term capital gains, with no contributions from net investment income or long-term capital gains. As of July 31, 2021, the Fund's annualized distribution rate was recorded at 10.40%, with a cumulative total return on NAV of 33.00% for the fiscal year-to-date period. Shareholders should note that past performance is not indicative of future results.

On July 30, 2021, Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.1087 per share to shareholders of record as of July 20, 2021. The distribution is entirely sourced from net realized short-term capital gains, with no contribution from net investment income or return of capital. The fund's annualized distribution rate is 10.27% based on its net asset value (NAV) as of June 30, 2021. Cumulative total return on NAV for the fiscal year-to-date stands at 33.55%.

The Clough Global Opportunities Fund (GLO) declared a monthly cash distribution of $0.1087 per share for July, August, and September 2021. This distribution aligns with the Fund's managed policy of setting payouts at one-twelfth of 10% of the adjusted year-ending net asset value (NAV). Key distribution dates include Ex-Dates on July 19, August 19, and September 20, with corresponding record and payable dates. As of June 30, 2021, the Fund managed approximately $829.2 million in total assets, aiming to provide a high total return through equity and fixed-income investments.

The Clough Global Opportunities Fund (GLO) announced a monthly distribution of $0.1087 per share, payable to shareholders as of June 21, 2021. The fund's entire distribution is sourced from net realized short-term capital gains, totaling 100%. For the current fiscal year, the cumulative distribution rate stands at 6.33% based on net asset value (NAV), while the annualized distribution rate is 9.93%. The fund has also achieved a 33.11% cumulative total return on NAV for the same period. Shareholders are advised that the distribution policy is subject to change.

Clough Global Opportunities Fund announced the completion of its rights offering, issuing 7,573,005 new common shares at a subscription price of $11.59 each. This price reflects 95% of the average market price on NYSE American for the five days before the offering's expiration on June 22, 2021. The Fund aims to invest this capital strategically across global markets to achieve high total returns. As of May 31, 2021, the Fund managed approximately $720 million in assets, with Clough Capital managing a total of $2.2 billion.

Clough Global Opportunities Fund announced the successful completion of its rights offering on June 22, 2021, expecting to issue approximately 5,664,853 new common shares by June 30, 2021. The subscription price was set at $11.59 per share, reflecting 95% of the average market price from the preceding five trading days. CEO Mike Hearle expressed optimism about investing the raised capital in strategically identified global markets.

The Fund had around $720 million in total assets as of May 31, 2021, and is managed by Clough Capital Partners, which oversees approximately $2.2 billion in assets.

Clough Capital Partners L.P. is hosting a market update conference call for the Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO) on June 10, 2021, at 2:30 PM EDT. The call will be led by Chairman Chuck Clough and Rob Zdunczyk, Head of Fixed Income. Each fund is currently offering a one-for-three transferable rights offering under their SEC registration. As of May 31, 2021, GLV had $166 million, GLQ had $367 million, and GLO had $720 million in assets.

The Clough Global Opportunities Fund (NYSE MKT: GLO) announced a monthly distribution of $0.1087 per share to shareholders of record as of May 20, 2021. This distribution consists entirely of net realized short-term capital gains, with no contributions from net investment income or capital sources. As of April 30, 2021, the fund's annualized distribution rate is 9.70% of its net asset value (NAV), while cumulative total return on NAV stands at 35.06%. Shareholders will receive a Form 1099-DIV for tax reporting purposes.

The Clough Global Opportunities Fund (GLO) announced a transferable rights offering on May 10, 2021. Shareholders as of May 25 will receive one right for each share held, enabling them to purchase one new share for every three rights at a subscription price based on market value or net asset value. The offering is set to commence on May 27 and expire on June 22, 2021. Shareholders may sell their rights if they choose not to participate. The fund has approximately $715 million in assets as of April 30, 2021, and is managed by Clough Capital Partners.