Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

GUG: Cautious About Dividend Coverage But Still An Attractive Buy [Seeking Alpha]

Guggenheim Active Allocation Fund (GUG) 
Company Research Source: Seeking Alpha
GUG's portfolio is heavily weighted toward high-yield corporate bonds and bank loans, with 62.37% below investment grade, introducing default risk. The fund trades at a 7.6% discount to NAV, near its historical average, but not at its most attractive entry point. Future performance hinges on interest rate cuts; lower rates would enhance leverage efficiency and distribution coverage. Bogdan Nicolaescu/iStock via Getty Images Overview When I previously covered Guggenheim Active Allocation Fund ( GUG ), I issued a buy rating due to the attractive valuation and the potential catalyst of future interest rate cuts. Since then, the fund's share This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seekin Show less Read more
Impact Snapshot
Event Time:
GUG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GUG alerts
Opt-in for
GUG alerts

from News Quantified
Opt-in for
GUG alerts

from News Quantified