Clough Global Opportunities Fund

Holdings as of 09/30/2017, subject to change

Common Stock
Description % of Total Portfolio
Liberty Ventures 2.80%
Citigroup, Inc. 2.54%
Bank of America Corp. 2.42%
Starwood Property Trust, Inc. 2.31%
Lam Research Corp. 2.29%
Facebook, Inc. 1.92%
Liberty Broadband Corp. 1.91%
Ares Capital Corp. 1.83%
Apple, Inc. 1.79%
Alibaba Group Holding, Ltd. 1.77%
Samsung Electronics Co., Ltd. 1.70%
Broadcom, Ltd. 1.64%
Blackstone Mortgage Trust, Inc. 1.50%
DR Horton, Inc. 1.38%
JPMorgan Chase & Co. 1.35%
Express Scripts Holding Co. 1.22%
Yelp, Inc. 1.21%
ViaSat, Inc. 1.21%
Cypress Semiconductor Corp. 1.21%
Merck & Co., Inc. 1.20%
Credit Acceptance Corp. 1.17%
Amazon.com, Inc. 1.17%
Align Technology, Inc. 1.09%
Cognizant Technology Solutions Corp. 1.08%
Microsoft Corp. 1.06%
salesforce.com, Inc. 0.88%
PulteGroup, Inc. 0.87%
Ping An Insurance Group Co. of China, Ltd. - Class H 0.86%
JD.com, Inc. - ADR 0.80%
ams AG 0.79%
Japan Tobacco, Inc. 0.79%
Biogen, Inc. 0.71%
Golub Capital BDC, Inc. 0.70%
AMERCO 0.70%
Pfizer, Inc. 0.67%
PennyMac Mortgage Investment Trust 0.67%
Micron Technology, Inc. 0.66%
Nintendo Co., Ltd. 0.65%
Bristol-Myers Squibb Co. 0.61%
Panasonic Corp. 0.59%
Ctrip.com International, Ltd. 0.58%
Solar Capital, Ltd. 0.58%
Alexion Pharmaceuticals, Inc. 0.54%
Sony Corp. 0.50%
Celgene Corp. 0.49%
Lennar Corp. 0.49%
Sienna Biopharmaceuticals - Series B - 144A 0.49%
Bioverativ, Inc. 0.48%
Ulvac, Inc. 0.47%
Ellie Mae, Inc. 0.47%
Vertex Pharmaceuticals, Inc. 0.47%
Intra-Cellular Therapies, Inc. 0.45%
Boston Scientific Corp. 0.45%
GW Pharmaceuticals PLC 0.42%
Byd Co., Ltd. - Class H 0.42%
Chr Hansen Holding A/S 0.40%
Fairway Energy LP - 144A 0.39%
CRISPR Therapeutics AG - Series B 0.38%
Ladder Capital Corp. 0.38%
Hologic, Inc. 0.35%
CRISPR Therapeutics AG 0.34%
Sienna Biopharmaceuticals, Inc. 0.34%
Global Medical REIT, Inc. 0.33%
Franklin Resources, Inc. 0.32%
Cardiome Pharma Corp. 0.27%
Clovis Oncology, Inc. 0.26%
Baidu, Inc. 0.25%
Pacira Pharmaceuticals, Inc. 0.25%
Man Wah Holdings, Ltd. 0.16%
BioMarin Pharmaceutical, Inc. 0.15%
Apellis Pharmaceutical - Pp - 144A 0.09%
Total Common Stock 63.68%
Corporate Bonds
Description % of Total Portfolio
Wells Fargo & Co.
07/22/2022, 2.625%
1.19%
Citigroup, Inc.
04/25/2022, 2.750%
0.96%
Ares Capital Corp.
01/15/2020, 3.875%
0.90%
Ford Motor Credit Co. LLC
03/18/2021, 3.336%
0.73%
Ares Capital Corp.
01/19/2022, 3.625%
0.73%
Welltower, Inc.
04/01/2019, 4.125%
0.62%
General Motors Financial Co., Inc.
07/06/2021, 3.200%
0.61%
Morgan Stanley
05/19/2022, 2.750%
0.60%
Royal Bank of Canada
02/05/2020, 1.875%
0.59%
Bank of America Corp.
10/21/2022, 2.503%
0.59%
Citizens Bank National Association
05/13/2021, 2.550%
0.59%
Goldman Sachs Group, Inc.
11/15/2021, 2.350%
0.53%
Boston Properties LP
05/15/2021, 4.125%
0.50%
VF Corp.
09/01/2021, 3.500%
0.50%
Jackson National Life Global Funding - 144A
04/29/2021, 2.250%
0.49%
JPMorgan Chase & Co.
09/23/2022, 3.250%
0.49%
Tencent Holdings, Ltd.
05/02/2019, 3.375%
0.49%
Goldman Sachs Group, Inc.
09/15/2020, 2.750%
0.48%
New York Life Global Funding - 144A
01/17/2024, 2.900%
0.48%
PNC Bank National Association
11/05/2020, 2.450%
0.48%
JPMorgan Chase & Co.
06/07/2021, 2.400%
0.48%
Manufacturers & Traders Trust Co.
02/06/2020, 2.100%
0.48%
BMW US Capital LLC
09/15/2021, 1.850%
0.46%
Toronto-Dominion Bank
12/14/2020, 2.500%
0.40%
Exelon Corp.
12/01/2020, 5.150%
0.37%
First Republic Bank
06/17/2019, 2.375%
0.36%
EMC Corp.
06/01/2020, 2.650%
0.35%
Citizens Bank National Association
12/04/2019, 2.450%
0.34%
Biogen, Inc.
09/15/2020, 2.900%
0.00%2
Total Corporate Bonds 15.79%
Other Financial Instruments
Description % of Total Portfolio
Total Return Swaps Contracts 6.08%
Foreign Currency 2.08%
Securities Sold Short -9.56%
Total Other Financial Instruments -1.40%
Asset/Mortgage Backed Securities
Description % of Total Portfolio
Government National Mortgage Association
09/16/1958, 2.600%
1.17%
Government National Mortgage Association - REMICS
05/16/2039, 2.150%
0.93%
Government National Mortgage Association - REMICS
01/16/1958, 2.400%
0.52%
Government National Mortgage Association - REMICS
09/16/2041, 1.900%
0.50%
Government National Mortgage Association - REMICS
07/16/1951, 2.500%
0.47%
Federal National Mortgage Association - REMICS
08/25/2047, 3.500%
0.46%
Government National Mortgage Association - REMICS
07/16/2041, 1.368%
0.44%
Government National Mortgage Association - REMICS
02/16/2046, 1.300%
0.38%
Government National Mortgage Association - REMICS
08/16/2047, 2.550%
0.37%
Government National Mortgage Association - REMICS
12/16/1953, 2.623%
0.35%
Fannie Mae REMICS
03/25/2047, 3.000%
0.33%
Government National Mortgage Association
01/20/2047, 2.500%
0.27%
Government National Mortgage Association - REMICS
09/16/1952, 2.387%
0.24%
Total Asset/Mortgage Backed Securities 6.43%
Short-Term Investments
Description % of Total Portfolio
BlackRock Liquidity Funds, T-Fund Portfolio - Institutional Class
12/31/2049, 0.887%
1.90%
Total Short-Term Investments 1.90%
Government & Agency Obligations
Description % of Total Portfolio
U.S. Treasury Bonds
11/15/2040, 4.250%
1.79%
U.S. Treasury Bonds
02/15/2041, 4.750%
1.41%
U.S. Treasury Bonds
08/15/2029, 6.125%
1.12%
U.S. Treasury Bonds
11/15/2026, 6.500%
1.01%
U.S. Treasury Bonds
05/15/2040, 4.375%
0.68%
U.S. Treasury Bonds
02/15/2047, 3.000%
0.61%
U.S. Treasury Bonds
05/15/2041, 4.375%
0.61%
U.S. Treasury Bonds
02/15/2038, 4.375%
0.61%
U.S. Treasury Note
02/15/2019, 2.750%
0.49%
Total Government & Agency Obligations 8.33%
Municipal Bond
Description % of Total Portfolio
New York City Transitional Finance Authority Revenue Bonds, Series E-2
02/01/2026, 3.080%
0.48%
Wisconsin State General Fund Annual Appropriation Revenue Bonds, Series A
05/01/2023, 2.049%
0.47%
New York State Transportation Development Corp. Revenue Bonds, Series B
07/01/2024, 3.023%
0.36%
New York State Urban Development Corp. Revenue Bonds, Series B
03/15/2023, 2.670%
0.36%
Total Municipal Bond 1.67%
Participation Notes
Description % of Total Portfolio
Midea Group Co., Ltd. - 144A
05/13/2019
0.92%
Kweichow Moutai Co., Ltd. - 144A
11/09/2017
0.33%
Total Participation Notes 1.25%
Mutual Fund
Description % of Total Portfolio
Altaba, Inc. 1.18%
Total Mutual Fund 1.18%
Preferred Stock
Description % of Total Portfolio
Annaly Capital Management, Inc., 7.625% 0.49%
Ares Management LP, 7.000% 0.47%
PennyMac Mortgage Investment Trust, 0.000% 0.21%
Total Preferred Stock 1.17%

1Only individual long positions shown.

2Less than 0.005% of total portfolio as of 09/30/2017.

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.