Guggenheim Strategic Opportunities Fund (NYSE:GOF) Plans Monthly Dividend of $0.18

Guggenheim Strategic Opportunities Fund (NYSE:GOF) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1821 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 20.0%. The ex-dividend date of this dividend is Wednesday, July 15th.

Guggenheim Strategic Opportunities Fund Price Performance

Guggenheim Strategic Opportunities Fund stock opened at $10.94 on Thursday. Guggenheim Strategic Opportunities Fund has a 1-year low of $10.50 and a 1-year high of $15.20. The business has a fifty day moving average price of $11.10 and a 200-day moving average price of $11.70.

Insider Activity

In related news, insider Thomas F. Lydon, Jr. acquired 8,710 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average price of $11.45 per share, for a total transaction of $99,729.50. Following the completion of the acquisition, the insider directly owned 8,710 shares in the company, valued at $99,729.50. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian E. Binder acquired 4,704 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was bought at an average cost of $10.63 per share, with a total value of $50,003.52. Following the completion of the transaction, the chief executive officer directly owned 4,704 shares in the company, valued at $50,003.52. The trade was a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

Institutional Investors Weigh In On Guggenheim Strategic Opportunities Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. CENTRAL TRUST Co purchased a new stake in Guggenheim Strategic Opportunities Fund during the 1st quarter valued at about $28,000. Hazlett Burt & Watson Inc. raised its holdings in shares of Guggenheim Strategic Opportunities Fund by 81.2% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,455 shares of the investment management company’s stock worth $31,000 after purchasing an additional 1,100 shares during the last quarter. Advisory Services Network LLC acquired a new position in Guggenheim Strategic Opportunities Fund during the third quarter valued at $84,000. Triumph Capital Management acquired a new position in Guggenheim Strategic Opportunities Fund during the third quarter valued at $85,000. Finally, Parallel Advisors LLC purchased a new stake in Guggenheim Strategic Opportunities Fund in the third quarter valued at $88,000.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.