Guggenheim Active Allocation Fund (GUG)

Guggenheim Active Allocation Fund stock is traded at $13.90, with a volume of 71,803. It is down -1.35% in the last 24 hours and down -0.07% over the past month. Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The company invests in both fixed-income and other debt instruments selected from a variety of sectors and credit qualities, and may also invest in equities. It uses tactical asset allocation models to determine the optimal allocation of its assets between fixed-income and equity securities. A majority of its investments are made in corporate bonds and the rest in senior floating rate interests, asset-backed securities, preferred stocks, and other securities.