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 Q3 regulatory filings by fund managers ($100M+ AUM)
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
6% less funds holding
Funds holding: 51 [Q2] → 48 (-3) [Q3]
6.39% less ownership
Funds ownership: 31.85% [Q2] → 25.46% (-6.39%) [Q3]
12% less capital invested
Capital invested by funds: $157M [Q2] → $138M (-$18.8M) [Q3]
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Research analyst outlook
We haven’t received any recent analyst ratings for GUG.
Financial journalist opinion
