Guggenheim Strategic Opportunities Fund (GOF) to Issue Monthly Dividend of $0.18 on September 30th

Guggenheim Strategic Opportunities Fund (NYSE:GOF) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.1821 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 23.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

Guggenheim Strategic Opportunities Fund Stock Up 1.1%

Guggenheim Strategic Opportunities Fund stock opened at $9.44 on Thursday. The business has a 50 day moving average of $10.43 and a 200-day moving average of $10.99. Guggenheim Strategic Opportunities Fund has a 1 year low of $8.96 and a 1 year high of $15.16.

Insider Activity

In other Guggenheim Strategic Opportunities Fund news, CEO Brian E. Binder purchased 4,704 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was purchased at an average price of $10.63 per share, with a total value of $50,003.52. Following the completion of the purchase, the chief executive officer owned 4,704 shares of the company’s stock, valued at approximately $50,003.52. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Institutional Trading of Guggenheim Strategic Opportunities Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in Guggenheim Strategic Opportunities Fund by 3.0% during the 1st quarter. Royal Bank of Canada now owns 618,447 shares of the investment management company’s stock worth $9,629,000 after buying an additional 17,893 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Guggenheim Strategic Opportunities Fund by 11.1% in the second quarter. Baird Financial Group Inc. now owns 199,877 shares of the investment management company’s stock worth $2,976,000 after acquiring an additional 19,952 shares during the period. NewEdge Advisors LLC boosted its holdings in Guggenheim Strategic Opportunities Fund by 2.4% in the second quarter. NewEdge Advisors LLC now owns 107,752 shares of the investment management company’s stock valued at $1,604,000 after acquiring an additional 2,552 shares during the last quarter. Bank of America Corp DE boosted its holdings in Guggenheim Strategic Opportunities Fund by 4.0% in the second quarter. Bank of America Corp DE now owns 551,009 shares of the investment management company’s stock valued at $8,205,000 after acquiring an additional 21,357 shares during the last quarter. Finally, Great Valley Advisor Group Inc. increased its position in Guggenheim Strategic Opportunities Fund by 14.2% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 149,327 shares of the investment management company’s stock valued at $2,223,000 after purchasing an additional 18,556 shares during the period.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company organized as a diversified, non-diversified or interval fund (as defined under the Investment Company Act of 1940). The fund commenced operations in February 2012 with a primary objective of seeking a high level of total return, consisting of both income and capital appreciation, through a flexible, opportunistic investment approach.

The fund’s core strategy focuses on investing across the capital structure of both debt and equity securities.