Jaffetilchin Investment Partners buys $2,346,449 stake in Clough Global Allocation Fund (GLV)

Clough Global Allocation Fund (GLV) : Jaffetilchin Investment Partners scooped up 15,482 additional shares in Clough Global Allocation Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 14, 2016. The investment management firm now holds a total of 202,980 shares of Clough Global Allocation Fund which is valued at $2,346,449.Clough Global Allocation Fund makes up approximately 0.74% of Jaffetilchin Investment Partners’s portfolio.

Other Hedge Funds, Including , Blue Bell Private Wealth Management reduced its stake in GLV by selling 1,693 shares or 47.12% in the most recent quarter. The Hedge Fund company now holds 1,900 shares of GLV which is valued at $21,964. Clough Global Allocation Fund makes up approx 0.01% of Blue Bell Private Wealth Management’s portfolio.

Clough Global Allocation Fund (the fund) is a closed-end management investment company. The Fund is a non-diversified series with an investment objective to provide a high level of total return. The Fund intends to invest in a managed mix of equity and debt securities. Investments in non-United States markets will be made primarily through liquid securities including depositary receipts (which evidence ownership in underlying foreign securities). Investments in corporate debt may include both investment grade and non-investment grade issues. The Fund will not invest more than 20% of its total assets in securities rated at the time of acquisition below investment grade. The Fund will not invest more than 20% of its total assets at the time of acquisition in securities of governments and companies in emerging markets. Clough Capital Partners L.P. (Clough) serves as the Fund’s investment adviser.

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