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

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.1188 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Guggenheim Active Allocation Fund Trading Down 0.2%

Guggenheim Active Allocation Fund stock opened at $15.95 on Thursday. Guggenheim Active Allocation Fund has a 52-week low of $14.70 and a 52-week high of $16.45. The company’s 50 day moving average is $15.84 and its two-hundred day moving average is $15.70.

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.