Guggenheim Strategic Opportunities Fund logo

Guggenheim Strategic Opportunities Fund (GOF)

Market Closed
12 Dec, 20:00
NYSE NYSE
$
12. 20
+0.05
+0.45%
$
1.99B Market Cap
- Div Yield
1,871,020 Volume
$ 12.14
Previous Close
Day Range
12.1 12.21
Year Range
11.87 15.97
Want to track GOF and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
GOF: Why I'm Downgrading This 16.2% Distribution Rate To A Sell

GOF: Why I'm Downgrading This 16.2% Distribution Rate To A Sell

Guggenheim Strategic Opportunities Fund trades at a 23.86% premium to NAV, with a distribution rate of 16.2% and total leverage ratio of 22.6%. The fund has a history of trading at a premium and strong performance, outperforming high-yield and aggregate bond ETFs. The fund's portfolio includes various fixed-income instruments, bank loans, high-yield bonds, and preferred securities, but may face downside risk in riskier credit scenarios.

Seekingalpha | 1 year ago