Guggenheim Active Allocation Fund

GUG

Market cap $509M

NEW YORK, Dec. 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”).

Guggenheim Active Allocation Fund offers a flexible approach but remains mostly a fixed-income portfolio, currently trading at a 9.16% discount with a 9.4% yield. GUG's persistent discount aligns with historical averages, and its term structure could offer NAV realization by 2033, though this is not likely material at this time. The fund is highly diversified within the fixed-income space, with major allocations to high-yield bonds, bank loans, and asset-backed securities, reducing interest rate sensitivity.

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”).

NEW YORK, Oct. 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”).

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”).

GUG offers a high 9% yield and monthly distributions, appealing to income-focused investors despite limited capital appreciation potential. The fund's share price is suppressed by high interest rates, creating an attractive entry point at a 6.3% NAV discount. Interest rate cuts could be a major catalyst, improving operating margins and boosting optimism for debt markets and GUG's performance.

Guggenheim Active Allocation Fund offers a high 9.07% yield and has outperformed junk bond indices, but its capital preservation record is poor since inception. The fund is almost entirely allocated to junk bonds, despite claiming a multi-asset approach, limiting its diversification benefits. Distribution coverage is questionable, as recent payouts exceeded net investment income and realized gains, relying on unrealized gains for sustainability.

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”).

NEW YORK, July 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”).

GUG offers high diversification with over 1,000 holdings, mainly in high-yield bonds, bank loans, and asset-backed securities, but flexibility to incorporate equity positions. While GUG trades at a decent discount and yields 9.45%, its distribution coverage isn't ideal, with NII covering only about 73% of payouts. Recent performance has lagged its sister fund GOF, making the previous swap idea not pan out as it was previously.