Guggenheim Active Allocation Fund (GUG) To Go Ex-Dividend on February 13th

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Monday, February 2nd. Stockholders 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 dividend yield of 8.8%. The ex-dividend date is Friday, February 13th.

Guggenheim Active Allocation Fund Stock Performance

GUG stock opened at $16.22 on Wednesday. The firm has a 50 day moving average of $15.59 and a 200-day moving average of $15.62. Guggenheim Active Allocation Fund has a 12 month low of $13.90 and a 12 month high of $16.50.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GUG. Corrado Advisors LLC boosted its stake in Guggenheim Active Allocation Fund by 4.6% during the fourth quarter. Corrado Advisors LLC now owns 180,342 shares of the company’s stock valued at $2,765,000 after buying an additional 8,007 shares during the period. Aviance Capital Partners LLC boosted its position in shares of Guggenheim Active Allocation Fund by 3.8% during the 4th quarter. Aviance Capital Partners LLC now owns 31,620 shares of the company’s stock valued at $485,000 after acquiring an additional 1,168 shares during the last quarter. World Investment Advisors grew its holdings in shares of Guggenheim Active Allocation Fund by 2.7% during the fourth quarter. World Investment Advisors now owns 30,967 shares of the company’s stock worth $475,000 after purchasing an additional 811 shares in the last quarter. Golden State Equity Partners increased its position in shares of Guggenheim Active Allocation Fund by 5.2% in the fourth quarter. Golden State Equity Partners now owns 47,694 shares of the company’s stock worth $731,000 after purchasing an additional 2,364 shares during the last quarter. Finally, High Net Worth Advisory Group LLC bought a new position in shares of Guggenheim Active Allocation Fund in the fourth quarter worth approximately $190,000.

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.