Clough Global Opportunities Fund Declares a Monthly Cash Distribution of $0.1007 Per Share
August 10 2018 - 6:00AM
Business Wire
Today, the Board of Trustees (the “Board”) for the Clough Global
Opportunities Fund (the “Fund”) has declared a monthly cash
distribution of $0.1007 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: August 20, 2018Record Date: August 21, 2018Payable
Date: August 31, 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 July 31st, 2018 the Fund had approximately $646.6
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: $859 million in hedge
fund and institutional accounts; $117 million in open-end mutual
funds; and $1.1 billion in three closed-end funds (as of June 30,
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 www.cloughglobal.com 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180810005028/en/
Clough Capital Partners L.P.Ned Burke, ALPS+1
303-623-2577ned.burke@alpsinc.com
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