GOF News and Press, Guggenheim Strategic Opportunities Fund of Beneficial Interest From 01/14/23

Summary Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis. The portfolio had a loss of -12.5% in 2022, compared to -18.2...

Investors often ask me when it’s time to sell a closed-end fund (CEF)—or what to look for in a CEF they should avoid buying in the first place. With 2023 now dawning, bringing a raft of challenges—and opportunities—for those of us who love high-yield CEFs, now ...

Summary GUG is a levered credit fund recently launched by Guggenheim Investments. Its portfolio composition is very similar to the larger GOF fund, with many overlapping securities. The GUG fund currently yields 10.5% on market price and 9.1% on NAV. Investors may want to consid...

NEW YORK, Jan. 03, 2023 (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 “Fundȁ...

Summary Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal. As for me, I hope I ...

Summary GOF is known for its steady distribution that's never been cut. However, this popularity seems to be pushing it to never before seen premiums. With distribution coverage lacking, a high premium generally sets a fund up for a sharp drop at some point. Fo...

Summary We share data on many of the biggest and most-popular big-yield CEFs. We have a special focus on Guggenheim's widely-popular Strategic Opportunities Fund (GOF), currently yielding over 13%, but trading at a large premium to its net asset value. We also review a popular lever...

Summary The Guggenheim Strategic Opportunities Fund (GOF) now yields 13.4%, near a peak level in a decade. However, the negative is also clear: it trades at a 25.9% premium above NAV, near a peak level in 5 years. This article, therefore, examines the fund more closely under current...

Summary GOF invests in a very large and diversified portfolio of fixed-income securities to provide investors with a high level of current income. The value of the assets in the fund's portfolio will likely decline over the coming months as the Federal Reserve continues to raise interes...

NEW YORK, Dec. 01, 2022 (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 “Fundȁ...