SCHEDULE: Morgan Stanley Files Schedule 13G for Clough Global Opportunities Fund

Morgan Stanley and its subsidiary Morgan Stanley Smith Barney LLC have filed an amended Schedule 13G, reporting beneficial ownership of less than 5% of Clough Global Opportunities Fund's common shares.

Summary

• Morgan Stanley and its subsidiary, Morgan Stanley Smith Barney LLC, have filed an amended Schedule 13G concerning their beneficial ownership of Clough Global Opportunities Fund's common shares.
• As of March 31, 2026, Morgan Stanley reported beneficial ownership of 1,355,344 shares, representing 3.2% of the class.
• Morgan Stanley Smith Barney LLC reported beneficial ownership of 1,347,678 shares, also representing 3.2% of the class.
• Both entities have ceased to be beneficial owners of more than five percent of the class of securities.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports a reduction in beneficial ownership below the 5% threshold, which is a standard regulatory disclosure and does not inherently signal positive or negative performance for the issuer.

Positives

• Morgan Stanley and its subsidiary have reduced their beneficial ownership below the 5% threshold, indicating a potential shift in their investment strategy or a routine portfolio adjustment.
• The filing confirms that the securities are held in the ordinary course of business, suggesting no intent to influence or control the issuer.

Negatives

• The reduction in beneficial ownership below 5% by significant entities like Morgan Stanley and its subsidiary could be interpreted as a lack of confidence or a strategic divestment from the Clough Global Opportunities Fund.

Risks

• The filing does not explicitly mention any risks. However, a reduction in significant beneficial ownership could signal underlying concerns about the fund's performance or future prospects, which are not detailed here.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding the Clough Global Opportunities Fund. It primarily reports a change in beneficial ownership status.

Management Comments

• "As of the date hereof, Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities."
• "As of the date hereof, Morgan Stanley Smith Barney LLC has ceased to be the beneficial owner of more than five percent of the class of securities."
• "In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors who acquire beneficial ownership of more than 5% of a class of a company's registered equity securities. A reduction below this threshold, as reported here by Morgan Stanley and its subsidiary, often signifies a portfolio management decision or a change in investment strategy, and is a common occurrence in the asset management industry.

Stakeholder Impact

• Shareholders of Clough Global Opportunities Fund may note the reduced stake of Morgan Stanley and its subsidiary, which could influence market perception of institutional support for the fund. However, the filing states the securities are held in the ordinary course of business, suggesting no immediate impact on control or strategy.

Next Steps

• Morgan Stanley and Morgan Stanley Smith Barney LLC will continue to monitor their beneficial ownership levels in Clough Global Opportunities Fund and file amendments to Schedule 13G as required by SEC regulations.

Key Dates

Keywords

Schedule 13G, Morgan Stanley, Morgan Stanley Smith Barney LLC, Clough Global Opportunities Fund, Beneficial Ownership, Securities Filing, SEC Filing, Common Shares, Investment Fund