Clough Global Opportunities Fund (GLO)
Market Closed
1 Sep, 20:00
AMEX AMEX Primary $
5. 70
-0.05
-0.8696%
$
- Market Cap
- Div Yield
73,823 Volume
$ 5.75
Previous Close 
Want to track GLO and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
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 months ago
