Clough Global Opportunities Fund (GLO)
Market Closed
17 Jul, 20:00
AMEX AMEX Primary $
5. 89
-0.09
-1.505%
$
- Market Cap
- Div Yield
223,400 Volume
$ 5.98
Previous Close 
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GLO: Deep Discount Alone Doesn't Make This A Buy Yet
Clough Global Opportunities Fund trades at an 11.94% discount and offers a 10.53% yield, but buying for a deep discount alone isn't generally a good consideration. GLO's recent outperformance is driven by strong tech holdings and a narrowing discount, but its longer-term record is weaker against its benchmark. The fund's managed 10% NAV distribution policy is sensitive to market performance, as it will rely entirely on capital appreciation from the underlying portfolio.
Seekingalpha | 2 weeks ago
