Guggenheim Strategic Opportunities Fund Stock News

NEW YORK, Nov. 01, 2024 (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”).

As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due to high relative premiums or unfavorable market conditions. Recommended CEFs to buy/add: AOD, ASGI, JRI, MEGI, OPP, FSCO, offering high yields and potential for capital gains with favorable market ...

My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation...

GOF is a diversified closed-end fund with a strong long-term performance, yielding 13.8% annually since inception. The fund's current valuation is rich, trading at a 32% premium to NAV. GOF's portfolio is credit-heavy, leveraging high-yield debt and securitized loans.

NEW YORK, Oct. 01, 2024 (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”).

Guggenheim Strategic Opportunities Fund operates as a closed end fund that generates its earnings through a mixed portfolio of fixed income assets and equities. The large 13.8% dividend yield makes GOF appealing for income investors, but I question the sustainability of the distribution due to weak coverage. GOF has outperformed the S&P 500 with a 37% YTD return through a combination of price a...

NEW YORK, Aug. 01, 2024 (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”).

Who is paying a 27% premium for Guggenheim Strategic Opportunity Fund (GOF)?