GOF News and Press, Guggenheim Strategic Opportunities Fund of Beneficial Interest From 04/03/23

2023-04-03 11:59:27 ET Summary The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks. Those of us who invest in these income vehicles a...

2023-03-20 11:52:37 ET Summary GOF is a levered credit fund offered by Guggenheim Investments. The fund is paying an eye-watering 17.5% of NAV distribution. Trading at a 30% premium to NAV, investors risk 15% downside if the premium simply returns to the long-term average. ...

2023-03-17 02:28:33 ET Summary GUG launched at the end of 2021, just in time to catch the historic bond drop and the weakness in the equity market. The fund has an "active allocation" approach where the managers can dynamically shift their portfolio. The fund's distribution is...

2023-03-06 14:59:03 ET Summary Investors today are in need of income due to the rising prices that have dominated the economy over the past year. Guggenheim Strategic Opportunities Fund invests in a portfolio that consists mostly of high-yield bonds and similar assets to deliver a...

2023-03-06 10:31:11 ET Summary The Cornerstone funds (CLM) and (CRF) tend to trade at some of the highest market price premiums of all CEFs, generally from +10% to as high as +60% historically. The reasons for the premium valuations have to do with their incredibly high market yie...

Summary As in Led Zeppelin’s famous song, for me, investments in high-dividend securities represent a kind of stairway to heaven. Indeed, their steady flow of money relieves psychological pressure during times of market uncertainty and helps me experience them with greater peace ...

NEW YORK, March 01, 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 “Fund&#x...

NEW YORK, Feb. 01, 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 Constantly swaying between narrative and reality, financial markets are supported and fueled by emotions, feelings, dreams, aspirations, and fears. When the narrative is shared, financial markets take a definite direction, drawing scenarios of growth or recession, as in the curr...

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...