Guggenheim Strategic Opportunities Fund (NYSE:GOF) to Issue $0.18 Monthly Dividend

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

Guggenheim Strategic Opportunities Fund Stock Performance

Shares of NYSE:GOF opened at $9.47 on Wednesday. The business has a 50 day moving average of $10.45 and a 200-day moving average of $11.01. Guggenheim Strategic Opportunities Fund has a 12-month low of $8.96 and a 12-month high of $15.16.

Insiders Place Their Bets

In related news, CEO Brian E. Binder bought 4,704 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was purchased at an average cost of $10.63 per share, with a total value of $50,003.52. Following the transaction, the chief executive officer owned 4,704 shares in the company, valued at approximately $50,003.52. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Hedge Funds Weigh In On Guggenheim Strategic Opportunities Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Hazlett Burt & Watson Inc. grew its stake in shares of Guggenheim Strategic Opportunities Fund by 81.2% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,455 shares of the investment management company’s stock worth $31,000 after acquiring an additional 1,100 shares in the last quarter. CENTRAL TRUST Co bought a new position in Guggenheim Strategic Opportunities Fund in the 1st quarter valued at about $28,000. Allied Private Wealth LLC purchased a new position in shares of Guggenheim Strategic Opportunities Fund during the 2nd quarter valued at about $43,000. Advisory Services Network LLC purchased a new position in shares of Guggenheim Strategic Opportunities Fund during the third quarter valued at approximately $84,000. Finally, Triumph Capital Management purchased a new position in shares of Guggenheim Strategic Opportunities Fund in the third quarter worth $85,000.

Guggenheim Strategic Opportunities Fund Company Profile

(Get Free Report)

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.

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Dividend History for Guggenheim Strategic Opportunities Fund (NYSE:GOF)

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