Guggenheim Investments Announces March 2026 Closed-End Fund Distributions
MWN-AI** Summary
On March 2, 2026, Guggenheim Investments announced the distribution details for several of its closed-end funds, marking significant updates for investors. The distributions are set with key dates: the record and ex-dividend dates are both March 13, 2026, while the payable date is scheduled for March 31, 2026.
The distribution amounts per share, along with any changes from previous distributions, are as follows: the Advent Convertible and Income Fund (AVK) at $0.1172, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) at $0.12573, Guggenheim Strategic Opportunities Fund (GOF) at $0.1821, and the Guggenheim Active Allocation Fund (GUG) at $0.11875. Notably, a portion of these distributions may be classified as a return of capital rather than regular income, which will be confirmed at year-end.
Investors are advised that the sources of the fund distributions are preliminary estimates and could include capital gains or return of capital, in addition to ordinary income. To provide clarity, Guggenheim has committed to issuing Section 19(a) notices, which will detail the expected sources of the distributions and will be made available on their website and through brokers.
Guggenheim Investments, which manages over $359 billion in assets, is dedicated to meeting the return and risk needs of various clients, including pension funds and high-net-worth investors. The firm utilizes a rigorous research approach to identify investment opportunities, seeking to deliver attractive results for its clients.
Investors should carefully consider investment objectives, risks, and other factors before investing, as investments in closed-end funds come with distinct risks, including potential loss of capital. Further details can be found on the Guggenheim Investments website.
MWN-AI** Analysis
Guggenheim Investments' recent distribution announcement for their closed-end funds provides investors with essential information for financial planning, particularly for those seeking income through regular distributions. The declared distributions, expected to be paid on March 31, 2026, after an ex-dividend date of March 13, 2026, underline the commitment of Guggenheim to return value to its shareholders.
Notably, each fund—Advent Convertible and Income Fund (AVK), Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), Guggenheim Strategic Opportunities Fund (GOF), and Guggenheim Active Allocation Fund (GUG)—demonstrates a focus on monthly distributions. However, investors must heed that a portion of these distributions may be classified as a return of capital, emphasizing the prudence of consulting the associated Section 19(a) notice for clarity on distribution sources.
Market participants should take a cautious yet opportunistic approach. The closed-end fund market can exhibit volatility due to various risks, including interest rate fluctuations and market disruptions. While the distributions appear steady, it's crucial to remember that the net asset value (NAV) of these funds can differ from their market value, often trading at a discount. This presents both a risk and an opportunity for savvy investors who can time their entry points strategically.
Investors are advised to assess their investment objectives and risk tolerance, keeping in mind the nature of these funds. With Guggenheim managing over $359 billion in assets, their extensive research and market positioning could offer diversification opportunities. Nevertheless, due diligence is paramount; analyzing each fund’s performance metrics and staying updated on economic conditions influencing bond markets will be essential for making informed decisions. As always, consultation with financial professionals is recommended to tailor investment strategies to individual circumstances.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, March 02, 2026 (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”).
The following dates apply to the distributions:
| Record Date | March 13, 2026 |
| Ex-Dividend Date | March 13, 2026 |
| Payable Date | March 31, 2026 |
| Distribution Schedule | ||||
| NYSE Ticker | Closed-End Fund Name | Distribution Per Share | Change from Previous Distribution | Frequency |
| AVK | Advent Convertible and Income Fund | $0.1172† | Monthly | |
| GBAB | Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust | $0.12573† | Monthly | |
| GOF | Guggenheim Strategic Opportunities Fund | $0.1821† | Monthly | |
| GUG | Guggenheim Active Allocation Fund | $0.11875† | Monthly |
† A portion of this distribution is estimated to be a return of capital rather than income. Final determination of the character of distributions will be made at year-end. The Section 19(a) notice referenced below provides more information and can be found at www.guggenheiminvestments.com.
You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Distribution Policy.
Past performance is not indicative of future performance. As of this announcement, the sources of each fund distribution are estimates. Distributions may be paid from sources of income other than ordinary income, such as short-term capital gains, long-term capital gains or return of capital. Unless otherwise noted, the distributions above are not anticipated to include a return of capital. If a distribution consists of something other than ordinary income, a Section 19(a) notice detailing the anticipated source(s) of the distribution will be made available. The Section 19(a) notice will be posted to a Fund’s website and to the Depository Trust & Clearing Corporation so that brokers can distribute such notices to Shareholders of the Fund. Section 19(a) notices are provided for informational purposes only and not for tax reporting purposes. The final determination of the source and tax characteristics of all distributions will be made after the end of the year. This information is not legal or tax advice. Consult a professional regarding your specific legal or tax matters.
About Guggenheim Investments
Guggenheim Investments is a global asset management and investment advisory firm with more than $359 billion* in assets under management across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 220+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.
Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (“GFIA”), Guggenheim Partners Investment Management, LLC (“GPIM”) and Guggenheim Funds Distributors, LLC (“GFD”). GFIA serves as Investment Adviser for GBAB, GOF and GUG. GPIM serves as Investment Sub-Adviser for GBAB, GOF and GUG. GFD serves as servicing agent for AVK. The Investment Adviser for AVK is Advent Capital Management, LLC and is not affiliated with Guggenheim.
* GI Total Assets are as of 12.31.2025 and includes $248.4bn in Assets Under Management (AUM), plus $111.3 bn Assets Under Supervision (AUS) for a total of more than $359 bn. AUM includes leverage of $14.2bn. AUS includes assets for which GI provides non-advisory services and may include review, analysis, research, reporting, sourcing and evaluation of assets, and business operations consulting. Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Wealth Solutions, LLC, Guggenheim Private Investments, LLC, Guggenheim Investments Loan Advisors, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, and GS GAMMA Advisors, LLC.
This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities of the Funds. There can be no assurance that the Funds will achieve their investment objectives. Investments in the Funds involve operating expenses and fees. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance. An investment in closed-end funds is subject to investment risk, including the possible loss of the entire amount that you invest. Some general risks and considerations associated with investing in a closed-end fund may include: Investment and Market Risk; Lower Grade Securities Risk; Equity Securities Risk; Foreign Securities Risk; Interest Rate Risk; Illiquidity Risk; Derivative Risk; Management Risk; Anti-Takeover Provisions; Market Disruption Risk and Leverage Risk. See www.guggenheiminvestments.com/cef for a detailed discussion of Fund-specific risks.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of any investment before they invest. For this and more information, visit www.guggenheiminvestments.com or contact a securities representative or Guggenheim Funds Distributors, LLC 227 West Monroe Street, Chicago, IL 60606, 800-345-7999.
Analyst Inquiries
William T. Korver
cefs@guggenheiminvestments.com
Not FDIC-Insured | Not Bank-Guaranteed | May Lose Value
Member FINRA/SIPC (03/26) 67828
FAQ**
What factors contributed to the change in the distribution amount for the Guggenheim Taxable Municipal Managed Duration Trust of Beneficial Interest GBAB compared to previous distributions?
How does the distribution frequency for the Guggenheim Taxable Municipal Managed Duration Trust of Beneficial Interest GBAB compare to that of other closed-end funds managed by Guggenheim Investments?
Can investors expect the distribution for the Guggenheim Taxable Municipal Managed Duration Trust of Beneficial Interest GBAB to include a return of capital, and what implications does that have for tax reporting?
What specific market trends or conditions influenced the decision by Guggenheim Investments to adjust the distribution for the Guggenheim Taxable Municipal Managed Duration Trust of Beneficial Interest GBAB this quarter?
4. What specific strategies does Guggenheim Investments employ to ensure consistent distribution levels for the Guggenheim Active Allocation Fund of Beneficial Interest GUG amid fluctuating market conditions?
**MWN-AI FAQ is based on asking OpenAI questions about Guggenheim Strategic Opportunities Fund of Beneficial Interest (NYSE: GOF).
NASDAQ: GOF
GOF Trading
-1.07% G/L:
$11.595 Last:
1,226,763 Volume:
$11.70 Open:
