PAGE 1 000 A000000 09/30/2010 000 C000000 0001288795 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 CLOUGH GLOBAL ALLOCATION FUND 001 B000000 811-21583 001 C000000 8772568445 002 A000000 1290 BROADWAY, SUITE 1100 002 B000000 DENVER 002 C000000 CO 002 D010000 80203 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 CLOUGH CAPITAL PARTNERS 008 B000001 A 008 C000001 801-63142 008 D010001 BOSTON 008 D020001 MA 008 D030001 02109 010 A000001 ALPS FUND SERVICES, INC. 010 B000001 84-5730 010 C010001 DENVER 010 C020001 CO 010 C030001 80203 011 A000001 MERRILL LYNCH 011 B000001 8-01-14235 011 C010001 NEW YORK 011 C020001 NY 011 C030001 10080 012 A000001 BANK OF NEW YORK MELLON 012 B000001 84-00000 012 C010001 NEW YORK PAGE 2 012 C020001 NY 012 C030001 10286 013 A000001 DELOITTE & TOUCHE LLP 013 B010001 DENVER 013 B020001 CO 013 B030001 80202 015 A000001 BANK OF NEW YORK MELLON 015 B000001 C 015 C010001 NEW YORK 015 C020001 NY 015 C030001 10286 015 E010001 X 018 000000 Y 019 A000000 N 019 B000000 0 020 A000001 JEFFERIES & CO., INC. 020 B000001 95-2622900 020 C000001 54 020 A000002 SUSQUEHANNA FINANCIAL GROUP LLLP 020 B000002 23-2626048 020 C000002 49 020 A000003 KNIGHT EQUITY MARKETS, LP 020 B000003 22-3660471 020 C000003 39 020 A000004 PULSE TRADING, INC. 020 B000004 04-3573598 020 C000004 38 020 A000005 CITADEL SECURITIES LLC 020 B000005 36-4478717 020 C000005 30 020 A000006 DEUTSCHE BANK SECURITIES, INC. 020 B000006 13-2730828 020 C000006 27 020 A000007 BNP PARIBAS SECURITIES CORP. 020 B000007 13-3459854 020 C000007 25 020 A000008 MERRILL LYNCH & CO., INC. 020 B000008 13-2740599 020 C000008 23 020 A000009 MORGAN STANLEY & CO., INC. 020 B000009 13-2655998 020 C000009 21 020 A000010 BARCLAYS CAPITAL, INC. 020 B000010 06-1031656 020 C000010 16 021 000000 542 022 A000001 DREYFUS TREASURY PRIME CASH MANAGEMENT 022 C000001 73655 022 D000001 76201 022 A000002 RAYMOND JAMES & ASSOCIATES, INC. 022 B000002 59-1237041 PAGE 3 022 C000002 13537 022 D000002 26454 022 A000003 BANK OF AMERICA NA 022 B000003 94-1687665 022 C000003 18281 022 D000003 20820 022 A000004 BARCLAYS CAPITAL, INC. 022 B000004 06-1031656 022 C000004 25990 022 D000004 9005 022 A000005 CREDIT SUISSE SECURITIES (USA) LLC 022 B000005 05-0546650 022 C000005 10547 022 D000005 1998 022 A000006 NOMURA SECURITIES INTERNATIONAL, INC. 022 B000006 13-2642206 022 C000006 375 022 D000006 5855 022 A000007 JEFFERIES & CO., INC. 022 B000007 95-2622900 022 C000007 2043 022 D000007 2748 022 A000008 SOUTHWEST SECURITIES, INC. 022 B000008 75-1382137 022 C000008 622 022 D000008 3010 022 A000009 KNIGHT EQUITY MARKETS, L.P. 022 B000009 22-3660471 022 C000009 1033 022 D000009 1930 022 A000010 MERRILL LYNCH & CO., INC. 022 B000010 13-2740599 022 C000010 1701 022 D000010 0 023 C000000 151271 023 D000000 151868 024 000000 Y 025 A000001 BANK OF AMERICA NA 025 B000001 94-1687665 025 C000001 E 025 D000001 3673 025 A000002 KNIGHT CAPITAL GROUP 025 B000002 22-3689303 025 C000002 E 025 D000002 880 025 A000003 DREYFUS TREASURY PRIME CASH MANAGEMENT 025 C000003 D 025 D000003 3555 025 A000004 BANK OF AMERICA NA 025 B000004 94-1687665 025 C000004 D PAGE 4 025 D000004 750 025 A000005 DELETE 025 D000005 0 025 D000006 0 025 D000007 0 025 D000008 0 026 A000000 N 026 B000000 Y 026 C000000 Y 026 D000000 Y 026 E000000 Y 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 N 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.700 048 A010000 0 048 A020000 0.000 048 B010000 0 048 B020000 0.000 048 C010000 0 048 C020000 0.000 048 D010000 0 048 D020000 0.000 048 E010000 0 048 E020000 0.000 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 0 048 K020000 0.000 049 000000 N 050 000000 N 051 000000 N 052 000000 N 053 A000000 N 054 A000000 Y 054 B000000 Y 054 C000000 Y 054 D000000 Y PAGE 5 054 E000000 Y 054 F000000 N 054 G000000 Y 054 H000000 Y 054 I000000 N 054 J000000 Y 054 K000000 Y 054 L000000 N 054 M000000 Y 054 N000000 N 054 O000000 Y 055 A000000 N 055 B000000 Y 056 000000 Y 057 000000 N 058 A000000 N 059 000000 Y 060 A000000 N 060 B000000 N 061 000000 0 062 A000000 N 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 0.0 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 063 A000000 0 063 B000000 0.0 066 A000000 Y 066 B000000 N 066 C000000 N 066 D000000 N 066 E000000 N 066 F000000 N 066 G000000 Y 067 000000 Y 068 A000000 N 068 B000000 N 069 000000 N PAGE 6 070 A010000 Y 070 A020000 N 070 B010000 Y 070 B020000 Y 070 C010000 Y 070 C020000 N 070 D010000 Y 070 D020000 Y 070 E010000 Y 070 E020000 N 070 F010000 Y 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 Y 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 Y 070 J020000 Y 070 K010000 Y 070 K020000 Y 070 L010000 Y 070 L020000 Y 070 M010000 Y 070 M020000 Y 070 N010000 Y 070 N020000 Y 070 O010000 Y 070 O020000 Y 070 P010000 N 070 P020000 N 070 Q010000 N 070 Q020000 N 070 R010000 Y 070 R020000 Y 071 A000000 194264 071 B000000 204849 071 C000000 254881 071 D000000 76 072 A000000 6 072 B000000 2044 072 C000000 2922 072 D000000 0 072 E000000 35 072 F000000 1012 072 G000000 412 072 H000000 0 072 I000000 0 072 J000000 0 072 K000000 0 PAGE 7 072 L000000 0 072 M000000 75 072 N000000 0 072 O000000 0 072 P000000 849 072 Q000000 0 072 R000000 0 072 S000000 0 072 T000000 0 072 U000000 0 072 V000000 0 072 W000000 204 072 X000000 2552 072 Y000000 0 072 Z000000 2449 072AA000000 599 072BB000000 0 072CC010000 0 072CC020000 2208 072DD010000 6261 072DD020000 0 072EE000000 0 073 A010000 0.6000 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 827 074 B000000 0 074 C000000 13548 074 D000000 58084 074 E000000 0 074 F000000 185375 074 G000000 163 074 H000000 0 074 I000000 7627 074 J000000 14880 074 K000000 0 074 L000000 1654 074 M000000 12103 074 N000000 294261 074 O000000 7777 074 P000000 232 074 Q000000 0 074 R010000 0 074 R020000 25412 074 R030000 3 074 R040000 89940 074 S000000 0 074 T000000 170897 074 U010000 10435 074 U020000 0 PAGE 8 074 V010000 16.38 074 V020000 0.00 074 W000000 0.0000 074 X000000 8 074 Y000000 219544 075 A000000 0 075 B000000 166350 076 000000 14.89 077 A000000 N 078 000000 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 COMMON STOCK 087 A020000 18913Y103 087 A030000 GLV 088 A000000 Y 088 B000000 N 088 C000000 N 088 D000000 N SIGNATURE JEREMY MAY TITLE TREASURER