RiverNorth Capital Management (GLO) discloses 1.08M-share position in Clough Global
Rhea-AI Filing Summary
RiverNorth Capital Management, LLC filed Amendment No. 5 reporting its ownership in Clough Global Opportunities Fund. RiverNorth beneficially owned 1,081,372 Shares of Beneficial Interest, representing 2.53% of the class as of June 30, 2026. RiverNorth held sole power to vote and dispose of all these shares, with no shared voting or dispositive power. Other persons have the right to receive the proceeds from sales of the reported securities, but RiverNorth’s position is below the 5% threshold that typically defines a large beneficial owner.
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Key Figures
Shares beneficially owned: 1,081,372 shares
Percent of class: 2.53%
Sole voting power: 1,081,372 shares
+3 more
6 metrics
Shares beneficially owned
1,081,372 shares
Shares of Beneficial Interest of Clough Global Opportunities Fund held by RiverNorth
Percent of class
2.53%
Percentage of Shares of Beneficial Interest represented by RiverNorth’s holdings
Sole voting power
1,081,372 shares
Shares over which RiverNorth has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which RiverNorth has shared power to vote
Sole dispositive power
1,081,372 shares
Shares over which RiverNorth has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which RiverNorth has shared power to dispose
Key Terms
Shares of Beneficial Interest, beneficially owned, sole dispositive power, sole voting power, +1 more
5 terms
beneficially owned financial
"Ownership (a) Amount beneficially owned: 1,081,372"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 1,081,372"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
sole voting power financial
"Sole power to vote or to direct the vote: 1,081,372"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
percent of class financial
"Percent of class: 2.53 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Clough Global Opportunities Fund (GLO) does RiverNorth own?
RiverNorth Capital Management, LLC beneficially owns 2.53% of Clough Global Opportunities Fund’s Shares of Beneficial Interest, totaling 1,081,372 shares. This level is disclosed as ownership of 5 percent or less of the class.
What type of security in GLO is RiverNorth reporting on?
RiverNorth is reporting ownership of Shares of Beneficial Interest of Clough Global Opportunities Fund. These are the fund’s listed equity securities identified in the report by CUSIP 18914E106.
What is the citizenship and address of RiverNorth Capital Management, LLC in this GLO filing?
RiverNorth Capital Management, LLC is organized in Delaware, with its principal business office at 360 S. Rosemary Avenue, Ste. 1420, West Palm Beach, Florida 33401, as disclosed in the ownership report.
AI-generated analysis. How Rhea-AI works. Not financial advice.