Guggenheim Active Allocation Fund (NYSE:GUG) Shares to Pay Monthly Dividend of $0.12

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.1187 per share on Friday, October 30th. This represents a $1.42 annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend is Thursday, October 15th.

Guggenheim Active Allocation Fund Trading Down 1.4%

Shares of NYSE:GUG opened at $13.95 on Friday. Guggenheim Active Allocation Fund has a 52 week low of $13.72 and a 52 week high of $16.46. The company’s fifty day moving average is $15.00 and its 200 day moving average is $15.48.

Institutional Trading of Guggenheim Active Allocation Fund

Large investors have recently made changes to their positions in the stock. World Investment Advisors lifted its position in shares of Guggenheim Active Allocation Fund by 2.7% during the fourth quarter. World Investment Advisors now owns 30,967 shares of the company’s stock worth $475,000 after purchasing an additional 811 shares during the last quarter. Ascentis Independent Advisors raised its holdings in Guggenheim Active Allocation Fund by 1.9% during the 1st quarter. Ascentis Independent Advisors now owns 48,577 shares of the company’s stock valued at $739,000 after buying an additional 883 shares during the period. Wedbush Securities Inc. boosted its holdings in shares of Guggenheim Active Allocation Fund by 14.3% in the 2nd quarter. Wedbush Securities Inc. now owns 12,365 shares of the company’s stock valued at $198,000 after acquiring an additional 1,550 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in Guggenheim Active Allocation Fund by 6.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 40,738 shares of the company’s stock valued at $651,000 after buying an additional 2,317 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in Guggenheim Active Allocation Fund by 35.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 30,004 shares of the company’s stock worth $460,000 after purchasing an additional 7,861 shares in the last quarter.

Guggenheim Active Allocation Fund (NYSE:GUG) is a closed-end investment fund managed by Guggenheim Investments. Rather than operating a conventional business, the fund pools investor capital and seeks to provide total return through a combination of current income and long-term capital appreciation.

The fund uses an actively managed, flexible allocation strategy that may invest across multiple asset classes, including equity securities, fixed-income investments, exchange-traded funds and other investment vehicles.