15.30
price down icon2.30%   -0.36
after-market Dopo l'orario di chiusura: 15.35 0.05 +0.33%
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Perché le azioni Guggenheim Strategic Opportunities Fund (GOF) sono in ribasso?

2023-10-17:

Guggenheim Strategic Opportunities Fund (GOF) dropped by 9.12% from $12.28 to $11.16 in the trading on Tuesday October 17, 2023. The reason why GOF down today is due to the concerns about the sustainability of its current monthly distribution.

  • The high-yield fund's NAV has declined from $12.32 per share in September to $11.66, putting its current monthly distribution of $0.1821 (annualized to $2.19) at nearly 19% of its NAV.
  • This distribution is unsustainable unless the fund's NAV reverses its trend, which is unlikely given its holdings of high-yield corporate bonds, bank loans, and asset-backed securities.
  • Moreover, the fund has financed its distributions by returning capital and taking on leverage, while its net investment income has come under pressure.
closed_end_fund_debt CSQ
$15.58
price down icon 5.12%
closed_end_fund_debt JPC
$7.78
price down icon 1.89%
closed_end_fund_debt NZF
$12.28
price up icon 0.08%
closed_end_fund_debt PTY
$14.41
price down icon 0.76%
closed_end_fund_debt NVG
$12.45
price up icon 0.24%
Capitalizzazione:     |  Volume (24 ore):