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GGM News and Press, Guggenheim Credit Allocation Fund of Beneficial Interest From 03/15/23

Stock Information

Company Name: Guggenheim Credit Allocation Fund of Beneficial Interest
Stock Symbol: GGM
Market: NYSE

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GGM - Granada Gold's Ongoing Bulk Sampling Program Confirms Significantly Higher Open-Pit Grades than Drill Core Grades

(TheNewswire) Rouyn Noranda, Q.C. - TheNewswire - March 15, 2023 - Granada Gold Mine Inc. (TSXV:GGM) (OTC:GBBFF) (Frankfurt:B6D) (the “Company” or “Granada”) is pleased to provide an update of its ongoing bulk sampling program. Ongoing Bulk Sampli...

GGM - Corrected Version of March 2, 2023 News Release: Granada Retracts Its Rubidium Resource

(TheNewswire) TheNewswire - March 2, 2023 - Granada Gold Mine Inc. (TSXV:GGM) (the “ Company ” or “ Granada ”) announced today that it has retracted its published inferred Rubidium resource for the Granada Gold Project, located near Rouyn-Norand...

GGM - Granada Retracts its Published Rubidium Resource

(TheNewswire) Quebec - TheNewswire - March 2, 2023 – Granada Gold Mine Inc. (TSXV:GGM) (the “ Company ” or “ Granada ”) announced today that it has retracted its published inferred Rubidium resource for the Granada Gold Project, located n...

GGM - Granada Gold Grants Stock Options

(TheNewswire) Rouyn Noranda, Q C - TheNewswire - February 14, 2023 - Granada Gold Mine Inc. (TSXV:GGM) (the “ Company ” or “ Granada ”) announces that it has granted stock options to its directors and officers to purchase a...

GGM - GOF: An 11.6% Yielder Trading At A 'Cheap' 12.5% Premium Is A Decent Deal

This is a fund that I've written about previously, more so in a bearish manner as the valuation and under-earned distribution always concerned me. The fund recently merged with two other Guggenheim funds, GPM and GGM, which sent the valuation lower by 13%. A new Guggenheim fund is...

GGM - GOF: Acquisition Of GPM And GGM Completed

GPM and GGM's merger into GOF is complete. Decline of GOF's premium prevented the merger arbitrage from being more profitable. GOF is reasonably valued and is a strong performing multisector credit fund. For further details see: GOF: Acquisition Of GPM And GGM Completed ...

GGM - Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results. Guggenheim mergers are completed. For further details see: Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Merg...

GGM - Guggenheim Investments Announces Completion of the Mergers of GPM, GGM and GOF

NEW YORK, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Guggenheim Investments announced today that the mergers (each, a “Merger” and together, the “Mergers”) of Guggenheim Enhanced Equity Income Fund (NYSE: GPM) and Guggenheim Credit Allocation Fund (NYSE: GGM) with and int...

GGM - Closed-End Funds: Revisiting The Funds That Have Never Cut Distributions And Have An Inception Pre-2008

There were a total of 7 closed-end funds that have never cut their distributions with inceptions before 2008/09's GFC. We will see the loss of one of those names with PKO set to merge with PDI. Another position on this list, GOF, is going through a bit of a transformation but hasn...

GGM - CEF Focus Investing - My Rule Of Thumb In Action

A reliable selection criterion for building a portfolio of funds that are likely to produce above-average returns over the long haul is the goal of every CEF investor. For me, the flexible combination of a positive NAV since inception, discount on NAV, and leverage represents a practi...

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