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    Clough Global Opportunities Fund Declares Monthly Cash Distributions for October, November and December of $0.0480 Per Share

    10/7/24 6:59:00 AM ET
    $GLO
    Finance/Investors Services
    Finance
    Get the next $GLO alert in real time by email

    DENVER, CO / ACCESSWIRE / October 7, 2024 / Today, the Board of Trustees (the "Board") for the Clough Global Opportunities Fund (the "Fund") has declared a monthly cash distribution of $0.0480 per common share, payable on the dates noted below. The Fund's managed distribution policy is to set the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-end net asset value per share ("NAV"), which will be the average of the NAVs as of the last five business days of the prior calendar year.

    The following dates apply to the distributions declared:

    Ex-Date: October 18, 2024
    Record Date: October 18, 2024
    Payable Date: October 31, 2024

    Ex-Date: November 15, 2024
    Record Date: November 15, 2024
    Payable Date: November 29, 2024

    Ex-Date: December 16, 2024
    Record Date: December 16, 2024
    Payable Date: December 30, 2024

    A portion of the distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of qualified dividend income, will be made after year-end.

    The Clough Global Opportunities Fund

    The Fund is a closed-end fund with an investment objective of providing a high level of total return. The Fund seeks to achieve this objective by applying a fundamental research-driven investment process and will invest in equity and equity-related securities as well as fixed income securities, including both corporate and sovereign debt. Utilizing Clough Capital Partners L.P.'s global research capabilities, the Fund will invest in both U.S. and non-U.S. markets. The Fund's portfolio managers are Chuck Clough and Bill Whelan. As of September 30, 2024, the Fund had approximately $375.6 million in total assets. More information, including the Fund's dividend reinvestment plan, can be found at www.cloughcefs.com or call 1-855-425-6844.

    Clough Capital Partners L.P.*

    Clough Capital Partners L.P. is a Boston-based investment advisory firm which manages approximately $1.3 billion in assets: $523 million in hedge fund and institutional accounts, $54 million in exchange-traded funds, and $691 million in three closed-end funds (as of August 31, 2024) - Clough Global Dividend and Income Fund (GLV), Clough Global Equity Fund (GLQ), and Clough Global Opportunities Fund (GLO).

    An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visit www.cloughcefs.com or call 1-855-425-6844. Read the prospectus carefully before investing.

    The Clough Global Opportunities Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value.

    Forward-looking statements are based on information that is available on the date hereof, and neither the fund manager nor any other person affiliated with the fund manager has any duty to update any forward-looking statements. Important factors that could affect actual results to differ from these statements include, among other factors, material, negative changes to the asset class and the actual composition of the portfolio.

    *These are preliminary estimates and are not reflective of finalized calculations.

    SOURCE: Clough Global Opportunities Fund | GLO



    View the original press release on accesswire.com

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