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home / news releases / GGM - GGM: Less Duration Risk But Charging A Premium Price

GGM - GGM: Less Duration Risk But Charging A Premium Price

Guggenheim Credit Allocation Fund of Beneficial Interest
  • With yields rising, managing interest rate risk should be at the front of investors' minds.
  • GGM has a low effective duration, driven primarily by its holdings in senior bank loans and high yield bonds.
  • While the fund has an above average amount of credit risk, the lower duration may balance this out.
  • The fund's premium is quite high, in isolation and based on its trading history. Further, the CCC-rated debt is a concern.

For further details see:

GGM: Less Duration Risk, But Charging A Premium Price
Stock Information
Company Name: Guggenheim Credit Allocation Fund of Beneficial Interest
Stock Symbol: GGM
Market: NYSE
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