GOF: Distribution May Be Under Threat If There Are No Improvements [Seeking Alpha]
Guggenheim Strategic Opportunities Fund Common Shares of Beneficial Interest (GOF)
US:NYSE Investor Relations:
guggenheiminvestments.com/cef/fund/gof
Company Research
Source: Seeking Alpha
Follow Summary Guggenheim Strategic Opportunities Fund operates as a closed end fund that generates its earnings through a mixed portfolio of fixed income assets and equities. The large 13.8% dividend yield makes GOF appealing for income investors, but I question the sustainability of the distribution due to weak coverage. GOF has outperformed the S&P 500 with a 37% YTD return through a combination of price appreciation and high income. Interest rate cuts may serve as a catalyst for GOF's price recovery and NAV growth, despite concerns about distribution coverage. designer491 Overview When I previously covered Guggenheim Strategic Opportunities Fund ( NYSE: GOF ) back in December 2023, I issued a hold rating due to my mixed perspective on the portfolio makeup and sustainability of the distribution. Here we are several quarters Recommended For You About GOF Ticker Related Stocks Trending Analysis Trending News
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GOF
News
- Guggenheim Strategic Opportunities Fund declares $0.1821 dividend [Seeking Alpha]Seeking Alpha
- Guggenheim Investments Announces November 2024 Closed-End Fund DistributionsGlobeNewswire
- Guggenheim Investments Announces October 2024 Closed-End Fund DistributionsGlobeNewswire
- Guggenheim Investments Announces September 2024 Closed-End Fund DistributionsGlobeNewswire
GOF
Sec Filings
- 10/30/24 - Form NPORT-P
- 9/3/24 - Form 4
- 8/27/24 - Form N-PX
- GOF's page on the SEC website