Clough Global Long/Short Fund - Investor Class
CLOAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1290 Broadway Denver CO 80203
- IPO Date
- Jan 2, 2019
- CIK
- 0001638872
- Similar Companies
- Business
- Clough Global Long/Short Fund - Investor Class (CLOAX) is a mutual fund that seeks long-term capital appreciation primarily by taking long and short positions in equity securities across U.S. and non-U.S. markets. The fund, managed by Clough Capital Partners L.P., a global multi-strategy alternative asset management firm founded in 1999 and headquartered in Boston, Massachusetts, employs a fundamental research-driven investment process focused on equity and equity-related securities. It offers Investor Class shares under the ticker CLOAX, alongside other share classes such as CLOVX (Class A) and CLOIX (Institutional Class), targeting investors seeking alternative strategies with exposure to both long and short equity positions in diversified sectors including consumer discretionary, information technology, industrials, financials, and communication services. The fund invests in a flexible portfolio of global equities, utilizing both long positions for growth opportunities and short positions for hedging and downside protection, with allocations spanning U.S. and international markets. It provides exposure to public equity markets worldwide, employing bottom-up stock picking based on factors like competitive positioning, management quality, earnings visibility, cash flow strength, balance sheet health, and relative valuation. Clough Capital Partners, the adviser, oversees the fund as part of its suite of alternative investment products, which also includes closed-end funds like Clough Global Equity Fund (GLQ), Clough Global Opportunities Fund (GLO), and Clough Global Dividend & Income Fund (GLV). In recent developments, Clough Capital renewed share repurchase programs in June 2025 for its closed-end funds, including GLQ and GLO, allowing up to 5% of outstanding shares to be bought back through June 30, 2026, to enhance shareholder value by addressing discounts to net asset value; CLOAX, as an open-end mutual fund, operates under different repurchase mechanisms but benefits from the firm's ongoing capital management strategies. The firm has continued its thematic investment approach amid market volatility, with recent portfolio updates reflecting sector allocations as of late 2025, including long exposure to consumer discretionary (38.13%), information technology (30.85%), and industrials (27.47%) in related funds like GLO, alongside ongoing monthly cash distributions and Section 19(a) notices for transparency on distribution sources. No major acquisitions, funding rounds, or product launches specific to CLOAX were reported in the last 1-2 years, though Clough Capital maintained its focus on global equity strategies and announced market positioning insights through CEO Vince Lorusso in mid-2025.