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

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.1188 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, May 15th.

Guggenheim Active Allocation Fund Stock Performance

Shares of Guggenheim Active Allocation Fund stock traded up $0.05 during mid-day trading on Wednesday, hitting $15.89. The stock had a trading volume of 6,825 shares, compared to its average volume of 73,623. The firm has a 50-day moving average of $15.55 and a two-hundred day moving average of $15.59. Guggenheim Active Allocation Fund has a 12-month low of $14.70 and a 12-month high of $16.50.

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.