Guggenheim Credit Allocation Closed Fund (GGM)

NYSE
21.19
-0.41(-1.90%)
After Hours
21.19
0.00(0.00%)
- Real-time Data
  • Volume:
    235,030
  • Bid/Ask:
    21.29/21.67
  • Day's Range:
    21.18 - 21.80

GGM Overview

Prev. Close
21.6
Day's Range
21.18-21.8
Revenue
-
Open
21.76
52 wk Range
18-22.5
EPS
-
Volume
235,030
Market Cap
-
Dividend (Yield)
2.18
(10.07%)
Average Vol. (3m)
73,052
P/E Ratio
-
Beta
-
1-Year Change
14.54%
Shares Outstanding
-
Next Earnings Date
-
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Guggenheim Credit Allocation Closed Fund News

  • Gundlach says "get out" of junk bonds
    • BySeeking Alpha-

    DoubleLine founder and CEO Jeffrey Gundlach sees "real potential for negative surprises" in corporate credit."Investors need to go to strong balance sheets. This will be the way to...

  • BofAML boosts its junk bond default estimate to 5.5%
    • BySeeking Alpha-

    Bank of America (NYSE:BAC) increases its U.S. high-yield bond default rate estimate for the next year to 5.5% from 4.25% due to volatility and tighter financial conditions.Estimate...

Guggenheim Credit Allocation Closed Fund Analysis

Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesStrong SellStrong SellStrong SellStrong SellBuy
Technical IndicatorsStrong SellStrong SellStrong SellBuyStrong Buy
SummaryStrong SellStrong SellStrong SellNeutralStrong Buy

Guggenheim Credit Allocation Closed Fund Company Profile

Guggenheim Credit Allocation Closed Fund Company Profile

Sector
Financial
Employees
0

Guggenheim Credit Allocation Fund is a diversified, closed-end management investment company. The Fund's investment objective is to seek total return through a combination of current income and capital appreciation. It invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities, debt securities, loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans. It invests in various credit securities, such as corporate bonds, loans and loan participations, asset-backed securities, mortgage-backed securities, the United States Government and agency securities, mezzanine and preferred securities, convertible securities, municipal securities and sovereign government and supranational debt securities. Its investment portfolio includes high yield corporate bonds, bank loans and asset-backed securities. Its investment advisor is Guggenheim Funds Investment Advisors, LLC.

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