Guggenheim Active Allocation Fund (NYSE:GUG) Shareholders to Collect $0.12 Monthly Dividend

Guggenheim Active Allocation Fund (NYSE:GUG) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.1187 per share on Friday, October 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date is Thursday, October 15th.

Guggenheim Active Allocation Fund Stock Performance

GUG opened at $13.95 on Friday. The business has a fifty day simple moving average of $15.00 and a 200-day simple moving average of $15.48. Guggenheim Active Allocation Fund has a 52 week low of $13.72 and a 52 week high of $16.46.

Guggenheim Active Allocation Fund (NYSE:GUG) is a closed-end investment fund managed by Guggenheim Investments. Rather than operating a conventional business, the fund pools investor capital and seeks to provide total return through a combination of current income and long-term capital appreciation.

The fund uses an actively managed, flexible allocation strategy that may invest across multiple asset classes, including equity securities, fixed-income investments, exchange-traded funds and other investment vehicles.