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

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.1188 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Friday, May 15th.

Guggenheim Active Allocation Fund Stock Performance

Shares of GUG traded up $0.05 during mid-day trading on Wednesday, hitting $15.89. 6,825 shares of the company traded hands, compared to its average volume of 73,623. Guggenheim Active Allocation Fund has a 1-year low of $14.70 and a 1-year high of $16.50. The business has a 50 day moving average of $15.55 and a 200 day moving average of $15.59.

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.