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

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.1188 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Monday, June 15th.

Guggenheim Active Allocation Fund Stock Performance

Shares of NYSE:GUG opened at $16.12 on Tuesday. The firm has a 50 day moving average of $15.64 and a 200-day moving average of $15.61. 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.