Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund operates as a diversified, closed-end management investment company. The fund intends to maximize total return through a combination of current income and capital appreciation. It pursues a relative value-based investment philosophy, which utilizes quantitative and qualitative analysis to seek to identify securities or spreads between securities that deviate from their perceived fair value and/or historical norms. The company was founded on November 13, 2006 and is headquartered in Chicago, IL.

Guggenheim Strategic Opportunities Fund consistently trades at a high premium while paying a 14% distribution that has never been cut. With a downward trending NAV, fund managers face a dilemma, as ROC accounts for nearly two thirds of the GOF closed-end fund distribution.

GOF: Watch For A Strategic Opportunity To Generate High-Yield Income

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Closed-End Fund: April 2023 Check On Valuation

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My Income Portfolio And Return Of Capital

The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks.

My Income Portfolio - Keep It Simple, Sweetheart

GOF is a levered credit fund offered by Guggenheim Investments. The fund is paying an eye-watering 17.5% of NAV distribution.

GOF: Credit Markets May Be Turning For The Worse

Investors today are in need of income due to the rising prices that have dominated the economy over the past year. Guggenheim Strategic Opportunities Fund invests in a portfolio that consists mostly of high-yield bonds and similar assets to deliver a very high yield to its investors.

GOF: Failing To Sustain Distribution Internally And Too Expensive

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As in Led Zeppelin's famous song, for me, investments in high-dividend securities represent a kind of stairway to heaven. Indeed, their steady flow of money relieves psychological pressure during times of market uncertainty and helps me experience them with greater peace of mind.

My Income Portfolio: A Stairway To Heaven

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Guggenheim Strategic Opportunities Fund and Fidus Investment are excellent under-the-radar income plays.

2 Ultra-High-Yield Dividend Plays That Should Crush the Broader Market in 2023

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Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis.

The 8% Income Portfolio: 2022 Year-End Review

Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal.

My Income Portfolio's Year-End Check-Up

GOF is known for its steady distribution that's never been cut. However, this popularity seems to be pushing it to never before seen premiums.

GOF: Premium Extends Higher Than Usual, Distribution Coverage Remains Weak

We share data on many of the biggest and most-popular big-yield CEFs. We have a special focus on Guggenheim's widely-popular Strategic Opportunities Fund (GOF), currently yielding over 13%, but trading at a large premium to its net asset value.

GOF: Top 10 Big-Yield CEFs

The Guggenheim Strategic Opportunities Fund (GOF) now yields 13.4%, near a peak level in a decade. However, the negative is also clear: it trades at a 25.9% premium above NAV, near a peak level in 5 years.

GOF: More Positives Than Negatives

GOF invests in a very large and diversified portfolio of fixed-income securities to provide investors with a high level of current income. The value of the assets in the fund's portfolio will likely decline over the coming months as the Federal Reserve continues to raise interest rates.

GOF: Good Bond Fund But Ridiculously Expensive

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NEW YORK, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces December 2022 Closed-End Fund Distributions

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces November 2022 Closed-End Fund Distributions

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Ten months of this troubling 2022 have passed, and my overall portfolio is beginning to take its final shape. Some positions have long since been completed, while for others, I am taking small acquisition steps each time the market turns downward.

My Income Portfolio - Memo From An 'Olive Farmer'

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Closed-end funds offer hefty yields and trade at discounts from the value of their underlying assets. But leverage poses a danger.

These Funds Are Solid Bargains When Markets Go South. 9 That Offer High Yields.

GOF is a levered credit fund offered by Guggenheim Investments. It offers a high current distribution yield of 14.3%.

GOF: Unsustainable Premium To NAV

GOF yields 12.59% and pays monthly. It has outperformed the bond market and the S&P by a big margin in 2022.

GOF: 12% Monthly Payer And Other High-Yield Outperformers

NEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

Guggenheim Investments Announces September 2022 Closed-End Fund Distributions

Guggenheim Strategic Opportunities is a large and popular fund helmed by the well-known Scott Minerd. It has a long term track record that's incredibly impressive.

Guggenheim Strategic Opportunities Fund Is A Fade At A 26% Premium To NAV

GOF pays a steady, but not growing, monthly dividend that equates to a ~13% distribution. GOF price doesn't have a ton of upside, but that is by design. The passive income from distributions is why you buy it and those are rock-solid.

GOF: An Income Investor's Friend

GOF has a yield of 13.58%. This is attractive if the distribution can be supported. I continue my series digging into CEFs beyond the yield with a look at GOF which invests in various forms of debt.

Evaluating Closed-End Funds: GOF Still Not Covering The Distribution

GOF yields 12.37%. It pays monthly, and goes ex-dividend this week.

News for Guggenheim Strategic Opportunities Fund ETF (GOF)