Clough Global Opportunities Fund

Holdings as of 01/31/2017, subject to change

Common Stock
Description % of Total Portfolio
Apple, Inc. 3.59%
Citigroup, Inc. 2.19%
Liberty Ventures - Series A 2.15%
Bank of America Corp. 1.98%
TransDigm Group, Inc. 1.95%
Broadcom, Ltd. 1.95%
Liberty Broadband Corp. - Class C 1.90%
Starwood Property Trust, Inc. 1.80%
Yelp, Inc.
06/10/2016
1.78%
Ares Capital Corp. 1.73%
Samsung Electronics Co., Ltd. 1.54%
DR Horton, Inc. 1.47%
Merck & Co., Inc. 1.33%
ViaSat, Inc. 1.26%
EOG Resources, Inc. 1.22%
Blackstone Mortgage Trust, Inc. - Class A 1.17%
China Mobile, Ltd. 1.12%
Golub Capital BDC, Inc. 1.04%
Lennar Corp. - Class A 1.03%
Microsoft Corp. 1.03%
Pioneer Natural Resources Co. 1.01%
IMAX Corp.
07/01/2018
0.99%
PulteGroup, Inc. 0.88%
Alphabet, Inc. - Class A 0.87%
PennyMac Mortgage Investment Trust 0.78%
Concho Resources, Inc. 0.74%
Bristol-Meyers Squibb Co. 0.71%
Gilead Sciences, Inc. 0.70%
Fairway Energy LP - 144A 0.67%
MedEquities Realty Trust, Inc. 0.65%
Hologic, Inc. 0.65%
Credit Acceptance Corp. 0.65%
Pfizer, Inc. 0.61%
Service Corp. International 0.61%
Alibaba Group Holding, Ltd. - Sponsored ADR 0.61%
T-Mobile US, Inc. 0.60%
Biogen, Inc. 0.60%
Align Technology, Inc. 0.59%
Chr Hansen Holding A/S 0.58%
ON Semiconductor Corp. 0.52%
salesforce.com, Inc.
11/10/2015
0.50%
Monolithic Power Systems, Inc. 0.43%
Sony Corp. 0.42%
Boston Scientific Corp. 0.38%
Ladder Capital Corp. 0.38%
CRISPR Therapeutics AG - Series B - 144A 0.38%
Cardiome Pharma Corp. 0.38%
Nintendo Co., Ltd. 0.37%
Kose Corp. 0.37%
Devon Energy Corp. 0.37%
Baidu, Inc. - Sponsored ADR 0.36%
Cable One, Inc. 0.35%
JPMorgan Chase & Co. 0.34%
Global Medical REIT, Inc. 0.34%
CRISPR Therapeutics AG - 144A 0.32%
BioMarin Pharmaceutical, Inc. 0.29%
Ulvac, Inc. 0.27%
Parsley Energy, Inc. - Class A 0.22%
Intra-Cellular Therapies, Inc. 0.22%
Jazz Pharmaceuticals PLC 0.21%
Envision Healthcare Corp. 0.18%
Akorn, Inc. 0.18%
GW Pharmaceuticals PLC - ADR 0.16%
MaxLinear, Inc. - Class A 0.15%
Solar Capital, Ltd. 0.10%
Kura Oncology, Inc. 0.06%
Mallinckrodt PLC -0.10%
Deutsche Bank AG -0.21%
Total Common Stock 54.67%
Corporate Bonds
Description % of Total Portfolio
Wells Fargo & Co.
12/07/2020, 2.550%
1.23%
Ares Capital Corp.
01/15/2020, 3.875%
0.92%
Under Armour, Inc.
06/15/2026, 3.250%
0.91%
Dominion Gas Holdings LLC
12/15/2019, 2.500%
0.85%
Western Digital Corp.
04/01/2024, 10.500%
0.75%
General Motors Financial Co. Inc
01/15/2020, 3.150%
0.74%
Ford Motor Credit Co., LLC
05/03/2019, 2.021%
0.73%
Ares Capital Corp.
01/19/2022, 3.625%
0.72%
CalAtlantic Group, Inc.
06/01/2026, 5.250%
0.65%
Lear Corp.
01/15/2023, 4.750%
0.64%
General Motors Co
10/02/2018, 3.500%
0.63%
SunTrust Banks, Inc.
11/01/2018, 2.350%
0.62%
Pricoa Global Funding I
05/16/2019, 2.200%
0.62%
Royal Bank of Canada
02/05/2020, 1.875%
0.61%
The Toronto-Dominion Bank
08/13/2019, 1.450%
0.61%
Branch Banking & Trust Co.
05/10/2019, 1.450%
0.61%
Citigroup, Inc., 5.800% 0.61%
Citizens Bank National Association
12/04/2019, 2.450%
0.59%
Biogen, Inc.
09/15/2020, 2.900%
0.58%
Southern Power Co.
12/15/2019, 1.950%
0.55%
Care Capital Properties LP
08/15/2026, 5.125%
0.53%
Lear Corp.
01/15/2025, 5.250%
0.52%
Omega Healthcare Investors, Inc.
03/15/2024, 5.875%
0.51%
Jackson National Life Global Funding
04/29/2021, 2.250%
0.50%
Scripps Networks Interactive, Inc.
11/15/2019, 2.750%
0.50%
Scripps Networks Interactive, Inc.
06/15/2020, 2.800%
0.50%
People's United Financial, Inc.
12/06/2022, 3.650%
0.49%
Manufacturers & Traders Trust Co.
07/25/2019, 2.250%
0.49%
The Bank of Nova Scotia
06/05/2019, 2.050%
0.49%
Manufacturers & Traders Trust Co.
02/06/2020, 2.100%
0.49%
PNC Bank NA
12/07/2018, 1.700%
0.49%
Omega Healthcare Investors, Inc.
04/01/2027, 4.500%
0.48%
EMC Corp.
06/01/2023, 3.375%
0.46%
Exelon Generation Co. LLC
01/15/2020, 2.950%
0.44%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.
08/01/2021, 5.875%
0.43%
The Toronto-Dominion Bank
12/14/2020, 2.500%
0.41%
Verizon Communications, Inc.
09/14/2018, 3.650%
0.38%
First Republic Bank
06/17/2019, 2.375%
0.37%
Citizens Bank NA/Providence RI
05/13/2021, 2.550%
0.37%
Textron Financial Corp.
02/15/1967, 6.000%
0.37%
Royal Bank of Canada
04/15/2019, 1.625%
0.37%
PNC Bank NA
07/29/2019, 1.450%
0.36%
Metropolitan Life Global Funding I
09/15/2021, 1.950%
0.36%
NextEra Energy Capital Holdings, Inc.
09/15/2019, 2.700%
0.25%
Chevron Corp.
03/02/2018, 1.365%
0.23%
EMC Corp.
06/01/2018, 1.875%
0.18%
Kraft Heinz Foods Co.
07/02/2018, 2.000%
0.12%
Bank of America Corp.
10/21/2022, 2.503%
0.12%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp.
10/01/2017, 7.375%
0.11%
Total Corporate Bonds 25.49%
Other Financial Instruments
Description % of Total Portfolio
Total Return Swaps Contracts 3.59%
Foreign Currency 1.40%
Warrants 0.00%2
Futures Contracts -2.78%
Securities Sold Short -4.68%
Total Other Financial Instruments -2.47%
Asset/Mortgage Backed Securities
Description % of Total Portfolio
Government National Mortgage Association - REMICS
05/16/2039, 2.150%
1.09%
Government National Mortgage Association - REMICS
09/16/2041, 1.900%
0.76%
Government National Mortgage Association - REMICS
07/16/1951, 2.500%
0.54%
Government National Mortgage Association - REMICS
07/16/2041, 1.368%
0.47%
Government National Mortgage Association - REMICS
02/16/2046, 1.300%
0.43%
Government National Mortgage Association - REMICS
09/16/1952, 2.387%
0.42%
Government National Mortgage Association - REMICS
08/16/2047, 2.550%
0.40%
Government National Mortgage Association - REMICS
04/16/2046, 3.291%
0.17%
Total Asset/Mortgage Backed Securities 4.28%
Short-Term Investments
Description % of Total Portfolio
BlackRock Liquidity Funds, T-Fund Portfolio - Institutional Class
12/31/2049, 0.364%
7.04%
Total Short-Term Investments 7.04%
Government & Agency Obligations
Description % of Total Portfolio
U.S. Treasury Notes
08/15/2017, 4.750%
2.50%
U.S. Treasury Notes
02/15/2018, 3.500%
1.76%
U.S. Treasury Notes
05/15/2018, 3.875%
1.46%
U.S. Treasury Notes
01/15/2019, 1.125%
1.22%
U.S. Treasury Bonds
08/15/2029, 6.125%
1.14%
U.S. Treasury Bonds
11/15/2026, 6.500%
1.04%
U.S. Treasury Bonds
08/15/2026, 6.750%
0.47%
Total Government & Agency Obligations 9.59%
Participation Notes
Description % of Total Portfolio
Kweichow Moutai Co., Ltd. - Class A (Loan Participation Notes issued by Morgan Stanley Asia Products), expiring 11/09/2017 - 144A, 0.000% 0.44%
Total Participation Notes 0.44%
Preferred Stock
Description % of Total Portfolio
Annaly Capital Mgmt, 7.625% 0.49%
Ares Management LP, 7.000% 0.47%
Total Preferred Stock 0.96%

1Only individual long positions shown.

2Less than 0.005% of total portfolio as of 01/31/2017.

According to the Fund's holding disclosure policy, as approved by the Board of Trustees, the release of the month-end holdings information will be delayed at least 30 days.

Holdings subject to change without notice.