Saba Capital Intends to Nominate Candidates to the Board of Clough Global Opportunities
February 13, 2017 at 02:15 pm EST
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On February 10, 2017, Saba Capital Management, L.P. submitted to Clough Global Opportunities Fund a notice of its intention to nominate 3 persons for election to the Fund’s Board of Trustees at the 2017 annual meeting of shareholders of the Fund.
Clough Global Opportunities Fund (the Fund) is a closed-end management investment company. The Fundâs investment objective is to provide a high level of total return and current income. It seeks to achieve its objective by applying a fundamental research-driven investment process. It will invest in equity and equity-related securities, as well as fixed-income securities, including both corporate and sovereign debt. Its investment portfolio includes common stocks, preferred stocks, corporate bonds, convertible corporate bonds, asset-backed securities, convertible corporate bonds, and government and agency obligations. It invests in various sectors, such as consumer discretionary, energy, financials, healthcare, industrials, information technology, real estate, and communications services. The Fund holds investments in various countries, including the United States, China, France, Germany, Switzerland, Canada, and Hong Kong. Investment advisor of the Fund is Clough Capital Partners L.P.