GOF News and Press, Guggenheim Strategic Opportunities Fund of Beneficial Interest From 11/20/23

2023-11-20 11:21:15 ET Whenever you see a stock with a high dividend yield, the first question to ask is whether the dividend is sustainable or not. In the cases of closed-end fund Guggenheim Strategic Opportunities Fund (NYSE: GOF) and industrial conglomerate 3M (NYSE: MMM) ...

2023-11-07 21:04:10 ET Summary Guggenheim Strategic Opportunities Fund has seen its premium to net asset value (NAV) collapse to zero, resulting in paper losses for recent investors. GOF historically delivers solid returns but it has a high distribution rate that is unsustainable,...

NEW YORK, Nov. 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...

2023-11-01 12:04:35 ET Summary Guggenheim Strategic Opportunities Fund aims for an 18% current distribution rate by hedging against credit risk and utilizing leverage. GOF's portfolio is predominantly fixed income with a minimal equity allocation. The fund has historically tra...

2023-10-26 05:00:57 ET It was the best of times, it was the worst of times. No, I’m not talking about Dickensian London—I’m talking about the mood among investors in our favorite high-yield investments, closed-end funds (CEFs), these days. Those of us who know what ...

2023-10-19 12:17:51 ET Shares in the Guggenheim Strategic Opportunities Fund (NYSE: GOF) declined by 13.6% in the week to Thursday at 11 a.m. The move comes as a bond market sell-off caused a drop in the fund's net asset value (NAV) and raised questions over the sustainability of it...

2023-10-17 07:34:32 ET Summary Closed-end funds are currently trading at historically deep discounts, with the average discount at -9.64% at the end of Q3 2023. Municipal bond funds are experiencing particularly wide discounts, with an average discount of -12.89%. Non-leverage...

2023-10-15 08:55:26 ET Summary Guggenheim Active Allocation Fund is a relatively safer alternative to the Guggenheim Strategic Opportunities Fund. GUG has a more reasonable distribution and better valuation, with a similar portfolio from the same investment managers. GUG's dis...

2023-10-14 08:47:00 ET Putting some money into stocks at an early age could result in significant gains over a lifetime, a familiar story with high-growth stocks. The tricky bit is finding them at an early stage. It's also possible with stocks that combine growth with some dividends, al...

NEW YORK, Oct. 02, 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...