Guggenheim Strategic Opportunities Fund

GOF

Market cap $2.47B

NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

For those who adopt a dividend strategy, having a “thermometer” with which to measure the real performance of our stocks is an immense advantage. This thermometer is NAV, a simple line on a graph that anyone can observe and understand without the need for calculations or interpretations. If it grows over the years, it means that the security earned its distributions: if it goes down, it means that it paid them at the expense of NAV.

Recent developments have made the yield from the Guggenheim Strategic Opportunities Fund appear more attractive than the PIMCO Corporate and Income Opportunity Fund. As such, we suggest potential investors look past the notional yield and examine the NII coverage and credit exposure of both funds. GOF's headline yield of 14.59% is largely return of capital, making its actual yield less attractive than PTY's 9.77% supported by organic income.

GOF's impressive long-term returns and unique DRIP feature help sustain its high premium to NAV, but current valuations are stretched. Buying at a 30%+ premium is risky; I recommend turning off DRIP at these levels to avoid overpaying for new shares. While the fund's management and flexible mandate are strong, the distribution appears unsustainable given the fixed-income portfolio's yield.

NEW YORK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

I'm sure you've noticed that the media has been fretting about a selloff in the last few weeks. But the S&P 500 is still up a lot on the year.

Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protecting the value of the underlying assets. As far as I am concerned, the way to protect my portfolio is to favor only securities with a positive NAV over time.

GOF offers a high, consistent yield (14.6%) but pays out more than it earns, causing long-term NAV erosion and share price decline. The fund trades at a historically high premium to NAV (~29%), making it difficult to recommend buying at current levels. GOF's income is reliant on below-investment-grade credit and leverage, making it sensitive to interest rates and economic downturns.

NEW YORK, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.