GOF News and Press, Guggenheim Strategic Opportunities Fund of Beneficial Interest From 12/01/21

Relative opportunities abound but you need to be cognizant of the risks. Even opportunities that from a relative standpoint look great, can be dangerous. The play here is to be opportunistic and find those gems that are right in front of you being offered by the market. These opportun...

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 ...

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...

As a tool to evaluate candidates for a long-term CEF portfolio, I formulated a simple “rule of thumb” based on the interactions among NAV performance, discount/premium on NAV, and leverage. For a safe CEF investment, this rule of thumb suggests first choosing CEFs with a...

NEW YORK, Nov. 01, 2021 (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 “...

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...

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...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bitcoin (CCC: BTC-USD ) just lost one of its biggest allies.  Guggenheim’s (NYSE: GOF ) chief investment officer (CIO) just jumped off the Bitcoin train, even in its full-speed-ahead bull run past $60...

Investors have been struggling to generate income off of their portfolios for quite a long time now. GOF invests in a leveraged portfolio of high-yield fixed-income assets in order to produce a very high distribution yield. The fund's portfolio appears to be reasonably safe despit...

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week. GOF/GGM/GPM merger has been approved. RIV announces a new rights offering. For further details see: Weekly Closed-End Fund Roundup: Sept. 26, 2021