GOF: This Popular Bond Fund Looks Rather Risky [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
SummaryGOF is a popular fund among investors due to its high yield and focus on investing in corporate bonds.The fund has substantial exposure to the high yield bond market.Some of the largest issuers of high yield debt over the past decade have been energy companies, which may become financially stressed in the current environment.The fund could take some losses should we start seeing defaults of these bonds or other high yield debt as a result of the COVID-19 pandemic.The fund appears significantly overpriced at its current level.The current market has seen the market prices of nearly every asset class get punished as investors fear that the COVID-19 disease will cause an epidemic and lead to an economic slowdown. In response to these fears, participants have essentially withdrawn most liquidity from the market. This prompted the Federal Reserve to announce and implement an emergency rate cut and multiple levels of support into both the repo and commercial paper markets in an effort
Show less
Read more
Impact Snapshot
Event Time:
GOF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GOF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GOF alerts
High impacting Guggenheim Strategic Opportunities Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
GOF
News
- Guggenheim Investments Announces December 2024 Closed-End Fund Distributions [Yahoo! Finance]Yahoo! Finance
- Guggenheim Investments Announces December 2024 Closed-End Fund DistributionsGlobeNewswire
- 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
GOF
Sec Filings
- 12/5/24 - Form 3
- 10/30/24 - Form NPORT-P
- GOF's page on the SEC website