Guggenheim Active Allocation FundGUG
About: Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The company invests in both fixed-income and other debt instruments selected from a variety of sectors and credit qualities, and may also invest in equities. It uses tactical asset allocation models to determine the optimal allocation of its assets between fixed-income and equity securities. A majority of its investments are made in corporate bonds and the rest in senior floating rate interests, asset-backed securities, preferred stocks, and other securities.
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
15% more funds holding
Funds holding: 48 [Q3] → 55 (+7) [Q4]
2.3% more ownership
Funds ownership: 25.47% [Q3] → 27.77% (+2.3%) [Q4]
1% less capital invested
Capital invested by funds: $138M [Q3] → $136M (-$1.9M) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for GUG.
Financial journalist opinion
