Clough Global Opportunities Fund Declares Monthly Cash Distributions for January, February, and March 2021, Payable on January 29, 2021, February 26, 2021 and March 31, 2021 Respectively
January 08, 2021 at 04:30 pm IST
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The Board of Trustees (the 'Board') for the Clough Global Opportunities Fund (the 'Fund') has declared a monthly cash distribution of $0.1087 per common share, payable on the dates noted below. This represents a 21% increase to the previous distribution amount. This increase is consistent with the Fund's managed distribution policy of setting the monthly distribution rate at an amount equal to one twelfth of 10% of the Fund's adjusted year-ending 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: January 19, 2021, Record Date: January 20, 2021 and Payable Date: January 29, 2021. Ex-Date: February 17, 2021, Record Date: February 18, 2021 and Payable Date: February 26, 2021. Ex-Date: March 18, 2021, Record Date: March 19, 2021 and Payable Date: March 31, 2021.
Clough Global Opportunities Fund (the Fund) is a closed-end management investment company. The Fundâs investment objective is to provide a high level of total return and current income. It seeks to achieve its objective by applying a fundamental research-driven investment process. It will invest in equity and equity-related securities, as well as fixed-income securities, including both corporate and sovereign debt. Its investment portfolio includes common stocks, preferred stocks, corporate bonds, convertible corporate bonds, asset-backed securities, convertible corporate bonds, and government and agency obligations. It invests in various sectors, such as consumer discretionary, energy, financials, healthcare, industrials, information technology, real estate, and communications services. The Fund holds investments in various countries, including the United States, China, France, Germany, Switzerland, Canada, and Hong Kong. Investment advisor of the Fund is Clough Capital Partners L.P.
Clough Global Opportunities Fund Declares Monthly Cash Distributions for January, February, and March 2021, Payable on January 29, 2021, February 26, 2021 and March 31, 2021 Respectively