Clough Global Opportunities Fund Declares a Monthly Cash Distribution of $0.1000 Per Share
Jun. 08, 2018
DENVER--(BUSINESS WIRE)--Jun 8, 2018--Today, the Board of Trustees (the “Board”) for the Clough Global Opportunities Fund (the “Fund”) has declared a monthly cash distribution of $0.1000 per common share. This distribution is a continuation of the “discount management plan” (see press release dated July 10, 2017 for more information) which includes a 10% per annum managed distribution program. The following dates apply to the distribution declared:
Ex-Date: June 18, 2018 Record Date: June 19, 2018 Payable Date: June 29, 2018
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’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 Rob Zdunczyk. As of May 31 st, 2018 the Fund had approximately $641.3 million in total assets. More information, including the Fund’s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which manages approximately $2.1 billion in assets: $911 million in hedge fund and institutional accounts; $108.3 million in open-end mutual funds; and $1.1 billion in three closed-end funds (as of March 31, 2018) – 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 or call 877-256-8445. Read them 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.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member Firm.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005027/en/
CONTACT: Clough Global Opportunities Fund (NYSE MKT: GLO)
Ned Burke, ALPS, +1-303-623 2577
Fund Services Group, 877-256-8445
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Clough Global Opportunities Fund
Copyright Business Wire 2018.
PUB: 06/08/2018 06:00 AM/DISC: 06/08/2018 06:01 AM