Clough Global Opportunities Fund

Holdings as of 12/31/2016, subject to change

Description % of Total Portfolio
BlackRock Liquidity Funds, T-Fund Portfolio - Institutional Class 5.32%
U.S. Treasury Notes 2.75%
U.S. Treasury Notes 2.69%
Total Return Swaps Contracts 2.47%
Charter Communications, Inc. - Class A 2.08%
U.S. Treasury Notes 1.93%
Citigroup, Inc. 1.91%
Starwood Property Trust, Inc. 1.89%
Apple, Inc. 1.89%
Ares Capital Corp. 1.85%
Bank of America Corp. 1.82%
Liberty Broadband Corp. - Class C 1.80%
Microsoft Corp. 1.69%
U.S. Treasury Notes 1.60%
EOG Resources, Inc. 1.50%
DR Horton, Inc. 1.41%
ViaSat, Inc. 1.40%
Merck & Co., Inc. 1.38%
U.S. Treasury Notes 1.34%
U.S. Treasury Bonds 1.25%
Government National Mortgage Association 1.24%
Broadcom, Ltd. 1.17%
Blackstone Mortgage Trust, Inc. - Class A 1.16%
China Mobile, Ltd. 1.15%
U.S. Treasury Bonds 1.14%
TransDigm Group, Inc. 1.13%
Golub Capital BDC, Inc. 1.12%
Pioneer Natural Resources Co. 1.11%
IMAX Corp. 1.05%
Lennar Corp. - Class A 1.01%
Under Armour, Inc. 1.01%
Ares Capital Cor Arc 1.00%
Foreign Currency 1.00%
Yelp, Inc. 1.00%
Bristol-Meyers Squibb Co. 0.93%
Dominion Gas Holdings LLC 0.93%
Alphabet, Inc. - Class A 0.92%
Government National Mortgage Association 0.90%
Concho Resources, Inc. 0.87%
PulteGroup, Inc. 0.82%
PennyMac Mortgage Investment Trust 0.82%
Macquarie Infrastructure Corp. 0.82%
Western Digital Corp. 0.82%
General Motors Financial Co. Inc 0.81%
Wells Fargo & Co. 0.81%
Ford Motor Credit Co., LLC 0.80%
Cable One, Inc. 0.79%
Ares Capital Corp. 0.78%
Biogen, Inc. 0.77%
Liberty Ventures - Series A 0.77%
Gilead Sciences, Inc. 0.75%
Facebook, Inc. - Class A 0.75%
Credit Acceptance Corp. 0.75%
MedEquities Realty Trust, Inc. 0.73%
Fairway Energy LP - 144A 0.73%
Hologic, Inc. 0.71%
CalAtlantic Group, Inc. 0.69%
SunTrust Banks, Inc. 0.68%
Pfizer, Inc. 0.68%
Align Technology, Inc. 0.68%
Pricoa Global Funding I 0.67%
Royal Bank of Canada 0.67%
The Toronto-Dominion Bank 0.66%
Branch Banking & Trust Co. 0.66%
Shire PLC - ADR 0.66%
Alphabet, Inc. - Class C 0.66%
Service Corp. International 0.65%
Citigroup, Inc. 0.65%
Biogen, Inc. 0.64%
Monolithic Power Systems, Inc. 0.64%
Samsung Electronics Co., Ltd. 0.61%
Celgene Corp. 0.61%
Southern Power Co. 0.60%
Government National Mortgage Association - REMICS 0.60%
Care Capital Properties LP 0.59%
Chr Hansen Holding A/S 0.58%
Alibaba Group Holding, Ltd. - Sponsored ADR 0.57%
Lear Corp. 0.57%
Omega Healthcare Investors, Inc. 0.55%
Jackson National Life Global Funding 0.55%
ON Semiconductor Corp. 0.55%
People's United Financial, Inc. 0.54%
Scripps Networks Interactive, Inc. 0.54%
Kraft Heinz Foods Co. 0.54%
Annaly Capital Mgmt 0.53%
Government National Mortgage Association - REMICS 0.52%
U.S. Treasury Bonds 0.51%
Omega Healthcare Investors, Inc. 0.51%
EMC Corp. 0.50%
Ares Management LP 0.50%
Government National Mortgage Association - REMICS 0.48%
Government National Mortgage Association 0.48%
Exelon Generation Co. LLC 0.48%
CRISPR Therapeutics AG - Series B - 144A 0.47%
Actelion, Ltd. 0.46%
Kweichow Moutai Co., Ltd. - Class A (Loan Participation Notes issued by Morgan Stanley Asia Products), expiring 11/09/2017 - 144A 0.46%
The Toronto-Dominion Bank 0.45%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. 0.45%
Devon Energy Corp. 0.45%
Government National Mortgage Association - REMICS 0.44%
Textron Financial Corp. 0.42%
Verizon Communications, Inc. 0.42%
Sony Corp. 0.42%
Alder Biopharmaceuticals, Inc. 0.42%
Ladder Capital Corp. 0.42%
Nintendo Co., Ltd. 0.42%
CONSOL Energy, Inc. 0.41%
Government National Mortgage Association - REMICS 0.41%
First Republic Bank 0.40%
Citizens Bank NA/Providence RI 0.40%
PNC Bank NA 0.40%
CRISPR Therapeutics AG - 144A 0.40%
Kose Corp. 0.39%
Cardiome Pharma Corp. 0.39%
JPMorgan Chase & Co. 0.38%
Boston Scientific Corp. 0.38%
Baidu, Inc. - Sponsored ADR 0.37%
Global Medical REIT, Inc. 0.37%
Two Harbors Investment Corp. 0.36%
LINE Corp. - Sponsored ADR 0.35%
Healthcare Realty Trust, Inc. 0.35%
Welltower REIT, Inc. 0.33%
BioMarin Pharmaceutical, Inc. 0.30%
Vertex Pharmaceuticals, Inc. 0.29%
Hewlett Packard Enterprise Co. 0.27%
Ryohin Keikaku Co. Ltd. 0.27%
Scripps Networks Interactive, Inc. 0.27%
NextEra Energy Capital Holdings, Inc. 0.27%
Citizens Bank National Association 0.27%
Ulvac, Inc. 0.26%
Intra-Cellular Therapies, Inc. 0.26%
Chevron Corp. 0.25%
Parsley Energy, Inc. - Class A 0.24%
Akorn, Inc. 0.22%
salesforce.com, Inc. 0.21%
Jazz Pharmaceuticals PLC 0.21%
EMC Corp. 0.20%
Envision Healthcare Corp. 0.18%
GW Pharmaceuticals PLC - ADR 0.17%
Arch Coal, Inc. 0.16%
Pool Corp. 0.16%
Albany Molecular Research, Inc. 0.15%
Energen Corp. 0.15%
MaxLinear, Inc. - Class A 0.14%
MTGE Investment Corp. 0.13%
Bank of America Corp. 0.13%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp. 0.12%
Solar Capital, Ltd. 0.10%
Kura Oncology, Inc. 0.06%
Warrants 0.00%2
Future Contract -3.86%
Securities Sold Short -8.21%
Total 100.00%

1Only individual long positions shown.

2Less than 0.005% of total portfolio as of 12/31/2016.

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.