We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time. – Legendary Bond Investor, Bill Gross, in 2012
Guggenheim Strategic Opportunities Fund (GOF) has an investment strategy that focuses largely on fixed-income investments and as of July 14, 2020, 91.93% of its funds were parked in such instruments. The fund has been a steady performer over the years, but now it faces significant headwinds because of the COVID-19 disruption.
On June 24, 2020, I had published the bond market outlook in The Lead-Lag Report and