Clough Global Opportunities Fund

Clough Global Opportunities Fundverified

GLO

Price:

$5.31

Market Cap:

$227.43M

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues. It employs a combination of fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. Clough Global Opportunities Fund was formed on January 12, 2006 and is domiciled in the United States.[Read more]

Industry

Asset Management - Global

IPO Date

2006-05-02

Stock Exchange

NYSE

Ticker

GLO

The Current Ratio as of September 2024 (TTM) for Clough Global Opportunities Fund (GLO) is 0.99

According to Clough Global Opportunities Fund’s latest financial reports and current stock price. The company's current Current Ratio is 0.99. This represents a change of -63.90% compared to the average of 2.73 of the last 4 quarters.

Clough Global Opportunities Fund (GLO) Historical Current Ratio (quarterly & annually)

How has GLO Current Ratio performed in the past?

The mean historical Current Ratio of Clough Global Opportunities Fund over the last ten years is 2.98. The current 0.99 Current Ratio has changed 3.21% with respect to the historical average. Over the past ten years (40 quarters), GLO's Current Ratio was at its highest in in the October 2022 quarter at 8.92. The Current Ratio was at its lowest in in the April 2023 quarter at 0.10.

Quarterly (TTM)
Annual

Average

2.98

Median

1.14

Minimum

0.28

Maximum

8.92

Clough Global Opportunities Fund (GLO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Clough Global Opportunities Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.13%

Maximum Annual Current Ratio = 8.92

Minimum Annual Increase = -95.11%

Minimum Annual Current Ratio = 0.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.99-88.94%
20228.923.13%
20210.28-95.11%
20205.6499.94%
20192.82291.51%
20180.72-90.51%
20177.60689.87%
20160.96-25.55%
20151.29123.73%
20140.58-32.27%

Clough Global Opportunities Fund (GLO) Average Current Ratio

How has GLO Current Ratio performed in the past?

The current Current Ratio of Clough Global Opportunities Fund (GLO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.40

5-year avg

3.73

10-year avg

2.98

Clough Global Opportunities Fund (GLO) Current Ratio vs. Peers

How is GLO’s Current Ratio compared to its peers?

Clough Global Opportunities Fund’s Current Ratio is greater than Clough Global Dividend and Income Fund (0), less than Dividend Growth Split Corp. (95.45), greater than Voya Asia Pacific High Dividend Equity Income Fund (0), less than MFS Special Value Trust (5.51), less than Virtus Stone Harbor Emerging Markets Total Income Fund (6.24), less than abrdn Global Income Fund, Inc. (23.05), greater than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (0), greater than Cornerstone Total Return Fund, Inc. (0), greater than RiverNorth Opportunities Fund, Inc. (0), greater than Abrdn Income Credit Strategies Fund (0.13), less than High Income Securities Fund (1.17), less than Nuveen Preferred and Income Fund (2.30), greater than RiverNorth Flexible Municipal Income Fund, Inc. (0), less than DWS Municipal Income Trust (2.16), greater than BlackRock MuniVest Fund II, Inc. (0.27), greater than MFS Municipal Income Trust (0.05), greater than Virtus Stone Harbor Emerging Markets Income Fund (0), greater than Virtus Global Multi-Sector Income Fund (0), greater than Miller/Howard High Income Equity Fund (0), greater than The Cushing MLP & Infrastructure Total Return Fund (0),

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