Guggenheim Strategic Opportunities Fund (GOF) to Issue Monthly Dividend of $0.18 on September 30th

Guggenheim Strategic Opportunities Fund (NYSE:GOF) declared a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.1821 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 23.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

Guggenheim Strategic Opportunities Fund Stock Performance

NYSE GOF opened at $9.16 on Friday. The business has a fifty day moving average price of $10.21 and a two-hundred day moving average price of $10.86. Guggenheim Strategic Opportunities Fund has a fifty-two week low of $8.96 and a fifty-two week high of $15.11.

Insider Activity

In related news, CEO Brian E. Binder acquired 4,704 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was acquired at an average cost of $10.63 per share, for a total transaction of $50,003.52. Following the transaction, the chief executive officer directly owned 4,704 shares in the company, valued at $50,003.52. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Trading of Guggenheim Strategic Opportunities Fund

A number of hedge funds and other institutional investors have recently modified their holdings of GOF. CENTRAL TRUST Co acquired a new stake in shares of Guggenheim Strategic Opportunities Fund during the 1st quarter valued at $28,000. Hazlett Burt & Watson Inc. raised its position in Guggenheim Strategic Opportunities Fund by 81.2% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,455 shares of the investment management company’s stock valued at $31,000 after purchasing an additional 1,100 shares during the last quarter. Allied Private Wealth LLC bought a new stake in shares of Guggenheim Strategic Opportunities Fund during the second quarter worth about $43,000. IFP Advisors Inc increased its stake in shares of Guggenheim Strategic Opportunities Fund by 228.4% in the second quarter. IFP Advisors Inc now owns 4,414 shares of the investment management company’s stock valued at $48,000 after buying an additional 3,070 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in Guggenheim Strategic Opportunities Fund during the 3rd quarter worth approximately $84,000.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.