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

Guggenheim Active Allocation Fund (NYSE:GUG) announced a monthly dividend on Monday, March 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.1188 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Friday, March 13th.

Guggenheim Active Allocation Fund Stock Performance

GUG traded up $0.01 on Wednesday, reaching $15.92. The company’s stock had a trading volume of 6,063 shares, compared to its average volume of 80,952. Guggenheim Active Allocation Fund has a fifty-two week low of $13.90 and a fifty-two week high of $16.50. The stock has a 50 day moving average of $15.78 and a two-hundred day moving average of $15.68.

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.