Clough Global Opportunities Fund Declares a Monthly Cash Distribution of $0.100 Per Share
February 08 2016 - 8:30AM
Business Wire
Today, the Board of Trustees for the Clough Global Opportunities
Fund (NYSE MKT: GLO) has declared a monthly cash distribution of
$0.100 per common share, payable on the dates noted below. The Fund
has approximately $1.3 billion in total assets, the net asset value
was $11.28 per share and the market price was $9.47 as of February
4, 2016.
The following dates apply to the distributions declared:
Ex-Date: February 17, 2016Record Date: February 19, 2016Payable
Date: February 29, 2016
Ex-Date: March 16, 2016Record Date: March 18, 2016Payable Date:
March 31, 2016
Ex-Date: April 13, 2016Record Date: April 15, 2016Payable Date:
April 29, 2016
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, with offices in Boston and Hong Kong, the Clough
Global Opportunities Fund will invest in both U.S. and non-U.S.
markets. More information on the Clough Global Opportunities Fund,
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 is a Boston-based investment advisory firm which manages
approximately $3.9 billion in assets: $1.6 billion in hedge fund
and institutional accounts; $120 million in open-end mutual funds;
and $2.2 billion in three closed-end funds (as of December 31,
2015) – Clough Global Allocation (GLV), Clough Global Equity (GLQ),
and the Clough Global Opportunities Fund (GLO). The firm uses a
global and theme-based approach and invests in securities on a
global basis. Clough was founded in 2000 by Chuck Clough and
partners James Canty and Eric Brock. These three are the portfolio
managers for the Clough Global Opportunities Fund, as well as
Robert Zdunczyk.
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain a
prospectus, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160208005160/en/
Clough Capital Partners L.P.Tom Carter,
ALPS+1-303-623-2577tom.carter@alpsinc.comorFund Services Group,
877-256-8445
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