November 16, 2016 - By Nellie Frank · 0 Comments
Guggenheim Strategic Opportunities Fund (NYSE:GOF) institutional sentiment decreased to 0.29 in Q2 2016. Its down -0.54, from 0.83 in 2016Q1. The ratio turned negative, as 7 investment managers started new or increased positions, while 24 sold and trimmed equity positions in Guggenheim Strategic Opportunities Fund. The investment managers in our partner’s database now have: 1.64 million shares, down from 7.40 million shares in 2016Q1. Also, the number of investment managers holding Guggenheim Strategic Opportunities Fund in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 8 Reduced: 16 Increased: 5 New Position: 2.
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The company has a market cap of $332.37 million. The Fund’s investment objective is to maximize total return through a combination of current income and capital appreciation. It has a 258.06 P/E ratio. The Fund seeks to achieve its investment objective by investing in a range of fixed-income and other debt and senior equity securities selected from a range of credit qualities and sectors, including, but not limited to, corporate bonds, loans and loan participations, structured finance investments, the United States Government and agency securities, mezzanine and preferred securities and convertible securities, and in common stocks, limited liability firm interests, trust certificates and other equity investments (common equity securities, exposure to which is obtained primarily by investing in exchange-traded funds).
About 9,060 shares traded hands. Guggenheim Strategic Opportunities Fund (NYSE:GOF) has risen 6.86% since April 14, 2016 and is uptrending. It has outperformed by 2.17% the S&P500.
Usca Ria Llc holds 0.5% of its portfolio in Guggenheim Strategic Opportunities Fund for 165,570 shares. Sigma Planning Corp owns 46,562 shares or 0.11% of their US portfolio. Moreover, Wfg Advisors Lp has 0.07% invested in the company for 14,288 shares. The New Jersey-based Bessemer Group Inc has invested 0.03% in the stock. Cambridge Investment Research Advisors Inc., a Iowa-based fund reported 43,892 shares.#img1#
More notable recent Guggenheim Strategic Opportunities Fund (NYSE:GOF) news were published by: Nasdaq.com which released: “Guggenheim Strategic Opportunities Fund (GOF) Ex-Dividend Date Scheduled for …” on October 11, 2016, also Investorplace.com with their article: “2 Humdrum Funds Paying Exciting Dividends” published on September 17, 2014, Seekingalpha.com published: “A High Income, Balanced CEF Portfolio With Reasonable Risk” on April 24, 2015. More interesting news about Guggenheim Strategic Opportunities Fund (NYSE:GOF) were released by: Investorplace.com and their article: “Pondering a Return To Our CEF Roots (GOF)” published on March 04, 2016 as well as Seekingalpha.com‘s news article titled: “3 CEFs Offering Yields Between 8 And 11%: Should You Consider Them For Your …” with publication date: August 18, 2016.
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By Nellie Frank