Guggenheim Strategic Opportunities Fund
GOF
New York Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Guggenheim Strategic Opportunities Fund (NYSE: GOF) is a closed-end management investment company sponsored by Guggenheim Funds Investment Advisors, LLC, that seeks to maximize total return through a combination of current income and capital appreciation. The Fund normally invests at least 80% of its assets in a portfolio of debt and equity securities of U.S. and non-U.S. issuers, with an emphasis on senior loans, high yield debt, private floating rate debt, and mezzanine loans; second lien loans; private and public equity securities; and derivatives including options, futures, and swaps. It targets opportunities across various sectors such as technology, healthcare, consumer discretionary, and industrials, serving income-oriented investors seeking diversified exposure to credit and equity markets globally. Founded in 2006 and headquartered in Chicago, Illinois, the Fund operates primarily in the United States with investments spanning North America, Europe, and emerging markets. The Fund's portfolio management employs an opportunistic, research-driven approach, actively allocating across senior loans (typically first lien, floating-rate debt), high yield bonds, CLO equity, and special situations including distressed debt and event-driven equities. It offers weekly repurchase offers for up to 5% of outstanding shares to provide liquidity, alongside a managed distribution policy targeting 10-12% annual yield paid monthly. Geographic operations focus on U.S.-domiciled assets but include international holdings in developed and emerging economies to capture yield advantages. In recent developments, the Fund underwent a ticker symbol change from GOF to GUG in early 2024 as part of Guggenheim Investments' strategic rebranding of several closed-end funds to align with its broader platform; this was accompanied by enhanced distribution coverage through portfolio repositioning toward higher-yielding senior loans amid elevated interest rates. In 2024-2025, it completed selective portfolio rotations, increasing allocations to private credit and opportunistic equities following Federal Reserve rate hikes, while navigating market volatility through active derivative hedging. No major acquisitions or funding rounds occurred, but the sponsor announced expanded strategic alliances with private credit managers to bolster deal flow in middle-market lending.