Guggenheim Active Allocation Fund Overview
Pro stress-test →Guggenheim Active Allocation Fund is a diversified, closed-end management investment company with an investment objective to maximize total return through a combination of current income and capital appreciation. The fund pursues a multi-asset allocation strategy across fixed-income and equity securities.
Strategic Profile
Pro stress-test →The fund invests in a range of fixed-income and debt instruments including government & agency securities, corporate bonds, loans, structured finance investments, and may also invest in US dollar-denominated income securities of foreign issuers. The fund uses various valuation models to determine appropriate asset class allocation and may employ covered call option strategies on equity holdings.
Competitive Landscape
Pro stress-test →GUG competes with other diversified closed-end funds and allocation ETFs such as those offered by Nuveen, Flaherty & Crumrine, and Legg Mason. The closed-end fund space for active allocation overlaps with balanced mutual funds and target-date funds offered by major asset managers.
Industry Context
Guggenheim Active Allocation Fund operates in Closed-End Funds / Asset Management.
Key facts
Founded: 2021 · Headquarters: Chicago, IL · Employees: N/A · Revenue: N/A · Market cap: $536M