GLO: The Yield Is Nice, But I Still Have Concerns [Seeking Alpha]
Clough Global Opportunities Fund (GLO)
NASDAQ:AMEX Investor Relations:
cloughglobal.com/closed-end-funds/overview/glo
Company Research
Source: Seeking Alpha
While GLO outperformed major indices over the past seven months, its five-year total return remains negative, lagging nearly all peers. GLO's high yield relies on capital gains, not portfolio income, making distributions vulnerable in adverse markets and raising sustainability concerns. Exposure to homebuilders and a history of overdistribution warrant caution, despite an attractive discount to NAV and recent performance improvement. design master/iStock via Getty Images The Clough Global Opportunities Fund ( GLO ) is a closed-end hybrid equity and bond fund that boasts a very attractive yield today. While that could make this a good investment for income seekers, I urge caution More on my IG service At Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they are released to the general public (and man
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