Clough Global Opportunities Fund
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GLO
Change
Financial Profile
Prev Close
$5.30
Market Cap
$225.63M
Day Range
$5.26 - $5.30
Open
$5.26
P/E Ratio
3.6
52W Range
$4.32 - $5.60
24H Volume
$461.69K
Dividend Yield
11.12%
EPS
1.47
Latest News
Clough Capital Funds Extend Share Repurchase Programs Through 2026
The Boards of several Clough Capital Partners closed-end funds have renewed their share repurchase programs, authorizing buybacks of up to 5% of outstanding common shares through June 2026. This move aims to support share prices and boost shareholder value amid ongoing market volatility. The funds include both equity and global opportunities portfolios.
Virtu Financial Evaluates Entry into China’s Market-Making Sector
Virtu Financial, a major U.S. trading firm, is reportedly considering launching market-making operations in China. The potential expansion follows regulatory changes in China and reflects growing international interest in the country’s evolving financial markets. Virtu’s move would mark a significant step in globalizing its trading footprint.
Clough Global Equity Fund Maintains High Distribution Rate Despite Negative Returns
Clough Global Equity Fund (GLQ) continues its monthly cash distributions at $0.065 per share, translating to an annualized rate near 11%. Despite this, the fund reported a fiscal year-to-date total return of -4.39% on NAV, highlighting the challenge of sustaining payouts amid recent underperformance.
Key Issues
Financial information provided by Financial Modeling Prep. Options data provided by Unusual Whales. Live transcripts provided by Quartr. Reported revenue and EPS data from Earnings powered by FinChat.io. All data is provided for informational purposes only, and is not intended for trading purposes or financial, investment, tax, legal, accounting or other advice.
- Market Cap
- $226M
- IPO Date
- 5/2/06
- CEO
- Mr. Edmund Joseph Burke
- Fulltime Employees
- 0
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Country
- US
- Exchange
- New York Stock Exchange