Guggenheim Strategic Opportunities Fund
About: Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
0
Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 38
3% less funds holding
Funds holding: 151 [Q2] → 147 (-4) [Q3]
4.74% less ownership
Funds ownership: 21.99% [Q2] → 17.25% (-4.74%) [Q3]
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
18% less capital invested
Capital invested by funds: $445M [Q2] → $365M (-$79.9M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for GOF.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
GOF: Here We Go Again
The Guggenheim Strategic Opportunities Fund is a top-performing credit fund with an unsustainable distribution policy. The fund's 18% NAV distribution yield far exceeds its 8.9% long-term returns, depleting NAV and making the distribution policy unsustainable. With its premium to NAV once again over 30%, I believe investors should sell GOF to avoid a likely collapse of the premium in the coming quarters.
Neutral
GlobeNewsWire
2 weeks ago
Guggenheim Investments Announces December 2024 Closed-End Fund Distributions
NEW YORK, Dec. 02, 2024 (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”).
Positive
Seeking Alpha
1 month ago
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.
Neutral
GlobeNewsWire
1 month ago
Guggenheim Investments Announces November 2024 Closed-End Fund Distributions
NEW YORK, Nov. 01, 2024 (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”).
Positive
Seeking Alpha
1 month ago
Eleven High-Yield Closed End Funds: Five To Watch And Six To Buy
As a retired income investor, I focus on high-yield CEFs for reliable monthly distributions and potential capital gains from NAV discounts. Five CEFs to avoid currently: GOF, VVR, ARDC, WDI, IGR, due to high relative premiums or unfavorable market conditions. Recommended CEFs to buy/add: AOD, ASGI, JRI, MEGI, OPP, FSCO, offering high yields and potential for capital gains with favorable market conditions.
Neutral
Seeking Alpha
2 months ago
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation with a personal assessment of the possible room for maneuver from those values.
Neutral
Seeking Alpha
2 months ago
GOF: The Ascending Valuation Is A Problem
GOF is a diversified closed-end fund with a strong long-term performance, yielding 13.8% annually since inception. The fund's current valuation is rich, trading at a 32% premium to NAV. GOF's portfolio is credit-heavy, leveraging high-yield debt and securitized loans.
Neutral
GlobeNewsWire
2 months ago
Guggenheim Investments Announces October 2024 Closed-End Fund Distributions
NEW YORK, Oct. 01, 2024 (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”).
Neutral
GlobeNewsWire
3 months ago
Guggenheim Investments Announces September 2024 Closed-End Fund Distributions
NEW YORK, Sept. 03, 2024 (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”).
Positive
Seeking Alpha
4 months ago
GOF: Distribution May Be Under Threat If There Are No Improvements
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.
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