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

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be given a dividend of 0.1188 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date is Friday, May 15th.

Guggenheim Active Allocation Fund Stock Performance

Shares of Guggenheim Active Allocation Fund stock traded up $0.02 during trading on Wednesday, reaching $15.86. The company’s stock had a trading volume of 12,408 shares, compared to its average volume of 73,623. The stock has a 50-day moving average price of $15.55 and a two-hundred day moving average price of $15.59. Guggenheim Active Allocation Fund has a one year low of $14.70 and a one year high of $16.50.

Insider Activity

In other news, insider Randall C. Barnes sold 3,000 shares of Guggenheim Active Allocation Fund stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $15.85, for a total transaction of $47,550.00. Following the completion of the sale, the insider owned 62,322 shares in the company, valued at $987,803.70. The trade was a 4.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Hedge Funds Weigh In On Guggenheim Active Allocation Fund

Several large investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its holdings in Guggenheim Active Allocation Fund by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,000 shares of the company’s stock worth $47,000 after acquiring an additional 1,500 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Guggenheim Active Allocation Fund by 845.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,199 shares of the company’s stock valued at $81,000 after purchasing an additional 4,649 shares during the period. XTX Topco Ltd bought a new position in shares of Guggenheim Active Allocation Fund in the 4th quarter worth $166,000. Orion Porfolio Solutions LLC bought a new position in shares of Guggenheim Active Allocation Fund in the 2nd quarter worth $179,000. Finally, High Net Worth Advisory Group LLC acquired a new stake in shares of Guggenheim Active Allocation Fund during the fourth quarter worth $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.