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

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.1188 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date of this dividend is Friday, February 13th.

Guggenheim Active Allocation Fund Stock Down 0.3%

GUG stock traded down $0.04 during mid-day trading on Tuesday, hitting $15.71. The company had a trading volume of 39,346 shares, compared to its average volume of 80,910. The company has a 50-day moving average price of $15.52 and a 200 day moving average price of $15.59. Guggenheim Active Allocation Fund has a 12-month low of $13.90 and a 12-month high of $16.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of Guggenheim Active Allocation Fund by 49.7% in the 2nd quarter. Bank of America Corp DE now owns 920,711 shares of the company’s stock valued at $14,400,000 after acquiring an additional 305,677 shares during the last quarter. Pathstone Holdings LLC lifted its stake in shares of Guggenheim Active Allocation Fund by 16.4% in the 3rd quarter. Pathstone Holdings LLC now owns 897,526 shares of the company’s stock valued at $14,001,000 after purchasing an additional 126,657 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Guggenheim Active Allocation Fund by 12.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 894,988 shares of the company’s stock worth $13,962,000 after purchasing an additional 95,952 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Guggenheim Active Allocation Fund by 9.7% in the 2nd quarter. Raymond James Financial Inc. now owns 650,002 shares of the company’s stock worth $10,166,000 after purchasing an additional 57,434 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Guggenheim Active Allocation Fund by 12.0% during the 1st quarter. Royal Bank of Canada now owns 517,900 shares of the company’s stock valued at $7,805,000 after purchasing an additional 55,628 shares during the last quarter.

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.