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

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.1188 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Tuesday, September 15th.

Guggenheim Active Allocation Fund Stock Down 0.1%

Shares of Guggenheim Active Allocation Fund stock opened at $15.33 on Wednesday. The firm’s 50 day moving average is $15.59 and its 200 day moving average is $15.68. Guggenheim Active Allocation Fund has a 1 year low of $14.66 and a 1 year high of $16.46.

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.