GUG: Heavy Fixed-Income Exposure With Monthly Pay
The Guggenheim Active Allocation Fund focuses on a diversified portfolio with a significant emphasis on fixed income investments. Recently, the fund's discount has decreased, which has impacted its relative value. It currently offers a distribution yield of 9.13%.
- ▪The Guggenheim Active Allocation Fund provides exposure to a diversified basket of investments, heavily tilted toward fixed income.
- ▪GUG’s discount has narrowed substantially, reducing its relative value and making it less appealing at current levels.
- ▪The fund maintains a 9.13% distribution yield.
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