Guggenheim Investments Announces October 2024 Closed-End Fund Distributions
October 01 2024 - 4:30PM
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”).
The following dates apply to the
distributions: |
|
|
Record Date |
October 15, 2024 |
|
|
Ex-Dividend Date |
October 15, 2024 |
|
|
Payable Date |
October 31, 2024 |
|
|
Distribution Schedule |
NYSE Ticker |
Closed-End Fund Name |
Distribution Per Share |
Change from Previous Distribution |
Frequency |
GBAB |
Guggenheim Taxable Municipal Bond & Investment Grade Debt
Trust |
$0.12573† |
|
Monthly |
GOF |
Guggenheim Strategic Opportunities Fund |
$0.1821† |
|
Monthly |
GUG |
Guggenheim Active Allocation Fund |
$0.11875† |
|
Monthly |
† A portion of this distribution is estimated to be a return of
capital rather than income. Final determination of the character of
distributions will be made at year-end. The Section 19(a) notice
referenced below provides more information and can be found at
www.guggenheiminvestments.com.
* Advent Convertible and Income Fund (NYSE: AVK) previously
declared its October 2024 distribution on September 10, 2024. The
ex-dividend and record dates for AVK occur on October 2, 2024. The
payable date is October 31, 2024.
You should not draw any conclusions about the Fund’s investment
performance from the amount of this distribution or from the terms
of the Fund’s Distribution Policy.
Past performance is not indicative of future
performance. As of this announcement, the sources of each
fund distribution are estimates. Distributions may be paid from
sources of income other than ordinary income, such as short-term
capital gains, long-term capital gains or return of capital. Unless
otherwise noted, the distributions above are not anticipated to
include a return of capital. If a distribution consists of
something other than ordinary income, a Section 19(a) notice
detailing the anticipated source(s) of the distribution will be
made available. The Section 19(a) notice will be posted to a Fund’s
website and to the Depository Trust & Clearing Corporation so
that brokers can distribute such notices to Shareholders of the
Fund. Section 19(a) notices are provided for informational purposes
only and not for tax reporting purposes. The final determination of
the source and tax characteristics of all distributions will be
made after the end of the year. This information is not legal or
tax advice. Consult a professional regarding your specific legal or
tax matters.
About Guggenheim Investments
Guggenheim Investments is the global asset management and
investment advisory division of Guggenheim Partners, LLC
(“Guggenheim”), with more than $235 billion** in assets under
management across fixed income, equity, and alternative strategies.
We focus on the return and risk needs of insurance companies,
corporate and public pension funds, sovereign wealth funds,
endowments and foundations, consultants, wealth managers, and
high-net-worth investors. Our 235+ investment professionals perform
rigorous research to understand market trends and identify
undervalued opportunities in areas that are often complex and
underfollowed. This approach to investment management has enabled
us to deliver innovative strategies providing diversification
opportunities and attractive long-term results.
Guggenheim Investments includes Guggenheim Funds Investment
Advisors, LLC (“GFIA”), Guggenheim Partners Investment Management,
LLC (“GPIM”) and Guggenheim Funds Distributors, LLC (“GFD”). GFIA
serves as Investment Adviser for GBAB, GOF and GUG. GPIM serves as
Investment Sub-Adviser for GBAB, GOF and GUG. GFD serves as
servicing agent for AVK. The Investment Adviser for AVK is Advent
Capital Management, LLC and is not affiliated with Guggenheim.
**Assets under management are as of 06.30.2024 and include
leverage of $15.1bn. Guggenheim Investments represents the
following affiliated investment management businesses of Guggenheim
Partners, LLC: Guggenheim Partners Investment Management, LLC,
Security Investors, LLC, Guggenheim Funds Distributors, LLC,
Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate
Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim
Partners Japan Limited, and GS GAMMA Advisors, LLC.
This information does not represent an offer to sell securities
of the Funds and it is not soliciting an offer to buy securities of
the Funds. There can be no assurance that the Funds will achieve
their investment objectives. Investments in the Funds involve
operating expenses and fees. The net asset value of the Funds will
fluctuate with the value of the underlying securities. It is
important to note that closed-end funds trade on their market
value, not net asset value, and closed-end funds often trade at a
discount to their net asset value. Past performance is not
indicative of future performance. An investment in closed-end funds
is subject to investment risk, including the possible loss of the
entire amount that you invest. Some general risks and
considerations associated with investing in a closed-end fund may
include: Investment and Market Risk; Lower Grade Securities Risk;
Equity Securities Risk; Foreign Securities Risk; Interest Rate
Risk; Illiquidity Risk; Derivative Risk; Management Risk;
Anti-Takeover Provisions; Market Disruption Risk and Leverage Risk.
See www.guggenheiminvestments.com/cef for a detailed discussion of
Fund-specific risks.
Investors should consider the investment objectives and
policies, risk considerations, charges and expenses of any
investment before they invest. For this and more information,
visit www.guggenheiminvestments.com
or contact a securities representative or Guggenheim Funds
Distributors, LLC 227 West Monroe Street, Chicago, IL 60606,
800-345-7999.
Analyst Inquiries
William T. Korvercefs@guggenheiminvestments.com
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ValueMember FINRA/SIPC (10/24) #62654
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