Guggenheim Active Allocation Fund (GUG) to Issue Monthly Dividend of $0.12 on April 30th

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be paid a dividend of 0.1188 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date is Wednesday, April 15th.

Guggenheim Active Allocation Fund Stock Performance

GUG stock traded down $0.11 on Monday, reaching $15.82. The company’s stock had a trading volume of 7,823 shares, compared to its average volume of 77,710. Guggenheim Active Allocation Fund has a 52 week low of $14.09 and a 52 week high of $16.50. The firm has a fifty day moving average of $15.67 and a two-hundred day moving average of $15.60.

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.