Clough Global Opportunities Fund (GLO)

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.