Guggenheim Active Allocation Fund (NYSE:GUG) to Issue $0.12 Monthly Dividend

by · The Markets Daily

Guggenheim Active Allocation Fund (NYSE:GUG – Get Free Report) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.1188 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Friday, March 13th.

Guggenheim Active Allocation Fund Trading Up 0.5%

GUG traded up $0.08 on Wednesday, reaching $15.99. The company had a trading volume of 15,597 shares, compared to its average volume of 81,274. The business has a 50 day simple moving average of $15.78 and a 200 day simple moving average of $15.68. Guggenheim Active Allocation Fund has a 52-week low of $13.90 and a 52-week high of $16.50.

Guggenheim Active Allocation Fund is a diversified, closed-end management investment company trading on the New York Stock Exchange under the ticker symbol GUG. The fund aims to provide a combination of current income and capital appreciation by employing an actively managed, multi-asset strategy. Its investment universe spans global equity securities, fixed-income instruments, convertible securities and derivative instruments, allowing the portfolio to capture opportunities across market cycles and geographic regions.

Employing a dynamic asset allocation framework, the fund’s management team adjusts exposures based on market valuations, economic outlooks and risk assessments.

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