We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher.

GLO was a fund I wasn't excited about throughout most of 2022, instead mentioned that PGP could be a better idea. In 2023, the outlook looks different, with GLO presenting a potential opportunity.

The GLO fund invests in global equity and bond securities. The fund is managed by star-manager, Charles Clough, who was formerly a top-ranked strategist at Merrill Lynch.

GLO often gets most investors excited due to its 10% managed distribution policy. Due to weakness across the board, GLO and PGP have both shown poor YTD performance, but PGP has declined less.

GLQ - Get 11.6% From The Global Equities Markets

GLO - Highly Leveraged Equity CEF, 12% Yield

20 out of 24 CEF sectors positive on price and 14 out of 24 sectors positive on NAV last week. It's pretty quiet in CEF-land, fund managers need holidays too. MLPs remain the most discounted sector.

Most investors have too much exposure to their own home countries, which is an incredibly big risk for American ones.

DENVER, Oct. 8, 2021 /PRNewswire/ -- Today, the Board of Trustees (the "Board") for the Clough Global Opportunities Fund (the "Fund") has declared a monthly cash distribution of $0.1087 per common sha...

DENVER, Sept. 30, 2021 /PRNewswire/ -- Today, the Clough Global Opportunities Fund (NYSE MKT: GLO) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.1087 per share...