Guggenheim Active Allocation Fund (NYSE:GUG) Plans Monthly Dividend of $0.12
by Renee Jackson · The Cerbat GemGuggenheim Active Allocation Fund (NYSE:GUG – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be paid a dividend of 0.1188 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Wednesday, April 15th.
Guggenheim Active Allocation Fund Price Performance
Shares of NYSE GUG traded down $0.09 during midday trading on Monday, hitting $15.84. 3,989 shares of the company traded hands, compared to its average volume of 77,653. Guggenheim Active Allocation Fund has a 12-month low of $14.09 and a 12-month high of $16.50. The stock has a 50-day moving average price of $15.67 and a 200 day moving average price of $15.60.
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.