GGM News and Press, Guggenheim Credit Allocation Fund of Beneficial Interest From 11/19/20

I started my journey into the world of finance by exploring ETFs, then one day, by chance, I discovered the existence of CEFs. CEFs offered me the tools I was looking for, a consistent monthly flow of dividends that allowed me to achieve my financial goals. Over the years, I learn...

Other than moving a few pieces around the board, the recent actions by the Fed only continues to move back the day of reckoning. The "extend and pretend illusion" our economy remains on a sound footing is alive and well. One place this is evident is in the area corporate bond mark...

The COVID-19 related sell-off in corporate bonds in Q1 2020 caused some commentators to express concern about the liquidity and functionality of fixed income ETFs, led by corporate bond ETFs. Widening discounts between corporate bond ETFs and NAV pricing after COVID-19 was cited as fu...

For the second consecutive month, equity CEFs on average posted negative returns, declining 0.41% on a NAV basis for October. While for the seventh month in a row, fixed income CEFs witnessed returns in the black (+0.03%). Only 11% of all CEFs traded at a premium to their NAV, wit...

NEW YORK, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund...

Almost one year ago, I built an income portfolio based on 15 closed-end funds (CEFs) that I judged to have the best net asset value (NAV) performance since inception. The distributions from almost all of my CEFs have remained intact despite the rivers of ink predicting massive cuts in...

This down-cycle cannot be fully cured merely through the application of economic stimulus. Rather, the root cause has to be repaired, and that means the disease has to be brought under control. The economic recovery everyone's counting on is not an independent event, unaffected by dev...

Some market observers have suggested that low and negative yields will hinder government bonds' ability to provide a buffer against down markets because bond returns will also be low. Amid the dramatic sell-off in risk assets earlier this year as the global pandemic took hold, and aga...

Spread levels have been on a noticeable downward trajectory from their peak level on March 23. HY spreads and default rates have an interesting relationship. The WisdomTree U.S. High Yield Corporate Bond Fund is focusing solely on public issuers and eliminating those with negative...

For 94 years, the "average, annual" return for large-cap stocks, which per the Ibbotson data is the S&P 500, is above 10%, and probably closer to 12%. The only return period that matched or roughly approximates the 103-year average, annual return for the S&P 500 is the decade ...