DENVER, Dec. 31, 2021 /PRNewswire/ -- Today, the Clough
Global Opportunities Fund (NYSE MKT: GLO) (the "Fund"), a
closed-end fund, paid a monthly distribution on its common stock of
$0.1087 per share to shareholders of
record at the close of business on December
21, 2021.
The following table sets forth the estimated amount of the
sources of distribution for purposes of Section 19 of the
Investment Company Act of 1940, as amended, and the related rules
adopted thereunder. The Fund estimates the following
percentages, of the total distribution amount per share,
attributable to (i) current and prior fiscal year net investment
income, (ii) net realized short-term capital gain, (iii) net
realized long-term capital gain and (iv) return of capital or other
capital source as a percentage of the total distribution
amount. These percentages are disclosed for the current
distribution as well as the fiscal year-to-date cumulative
distribution amount per share for the Fund.
|
Current
Distribution from:
|
|
|
|
Per Share
($)
|
%
|
|
Net Investment
Income
|
0.0000
|
0.00%
|
|
Net Realized
Short-Term Capital Gain
|
0.0000
|
0.00%
|
|
Net Realized
Long-Term Capital Gain
|
0.1087
|
100.00%
|
|
Return of Capital or
other Capital Source
|
0.0000
|
0.00%
|
|
Total (per common
share)
|
0.1087
|
100.00%
|
|
Fiscal
Year-to-Date Cumulative Distributions from:
|
|
|
|
|
|
Per Share
($)
|
%
|
|
Net Investment
Income
|
0.0000
|
0.00%
|
|
Net Realized
Short-Term Capital Gain
|
0.1087
|
49.82%
|
|
Net Realized
Long-Term Capital Gain
|
0.1087
|
50.18%
|
|
Return of Capital or
other Capital Source
|
0.0000
|
0.00%
|
|
Total (per common
share)
|
0.2174
|
100.00%
|
The amounts and sources of distributions reported in this 19(a)
Notice are only estimates and not for tax reporting
purposes. The actual amounts and sources of the amounts for
tax reporting purposes will depend upon the Fund's investment
experience during the remainder of its fiscal year and may be
subject to changes based on tax regulations. The Fund will send you
a Form 1099-DIV for the calendar year that will tell you how to
report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the
Fund's Net Asset Value per share ("NAV"), compared to the
annualized distribution rate for this current distribution as a
percentage of the NAV on the last business day of the month prior
to distribution record date.
Fund Performance & Distribution Information
|
Fiscal Year to
Date (11/01/2021 through 11/30/2021)
|
|
Annualized
Distribution Rate as a Percentage of NAV^
|
11.25%
|
|
|
Cumulative
Distribution Rate on NAV^+
|
1.88%
|
|
|
Cumulative Total
Return on NAV*
|
-5.43%
|
|
|
|
|
Average Annual
Total Return on NAV for the 5 Year Period Ending
11/30/2021**
|
13.47%
|
|
|
|
|
|
|
|
|
Past performance is not indicative of future results.
^ Based on the Fund's NAV as of November
30, 2021.
+Cumulative distribution rate is based on
distributions paid to date for the period November 1, 2021 through December 30, 2021.
*Cumulative fiscal year-to-date return is based on the change in
NAV including distributions paid and assuming reinvestment of these
distributions and that all rights in the Fund's rights offering
were exercised, for the period November 1,
2021 through November 30,
2021.
**The 5 year average annual total return is based on change in
NAV including distributions paid and assuming reinvestment of these
distributions and that all rights in the Fund's rights offering
were exercised, as of the last business day of the month prior to
the month of the current distribution record date.
While the NAV performance may be indicative of the Fund's
investment performance, it does not measure the value of a
shareholder's investment in the Fund. The value of a
shareholder's investment in the Fund is determined by the Fund's
market price, which is based on the supply and demand for the
Fund's shares in the open market. Shareholders should not draw
any conclusions about the Fund's investment performance from the
amount of this distribution or from the terms of the Fund's Managed
Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any
potential distribution and the income, capital gain or capital
available. The Board of Trustees will continue to monitor the
Fund's distribution level, taking into consideration the Fund's net
asset value and the financial market environment. The Fund's
distribution policy is subject to modification by the Board of
Trustees at any time. The distribution rate should not be
considered the dividend yield or total return on an investment in
the Fund.
ALPS Portfolio Solutions Distributor, Inc. FINRA Member
Firm.
Clough Global Opportunities Fund (NYSE MKT: GLO)
1290
Broadway, Suite 1000
Denver, CO 80203
Contact: Fund Services Group at 855-425-6844
CLO001829 12/30/2022
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SOURCE Clough Global Opportunities Fund