Guggenheim Strategic Opportunities Fund (NYSE:GOF) Declares Dividend Increase – $0.18 Per Share

Guggenheim Strategic Opportunities Fund (NYSE:GOF) announced a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.1821 per share by the investment management company on Wednesday, July 31st. This represents a $2.19 annualized dividend and a yield of 14.59%. The ex-dividend date is Monday, July 15th. This is an increase from Guggenheim Strategic Opportunities Fund’s previous monthly dividend of $0.18.

Guggenheim Strategic Opportunities Fund Price Performance

GOF traded up $0.04 during trading on Tuesday, hitting $14.98. 796,534 shares of the company’s stock were exchanged, compared to its average volume of 689,718. Guggenheim Strategic Opportunities Fund has a 1 year low of $10.96 and a 1 year high of $16.37. The stock has a 50 day moving average price of $14.67 and a 200 day moving average price of $14.13.

About Guggenheim Strategic Opportunities Fund

Guggenheim Strategic Opportunities Fund is a closed-ended balanced mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. The fund is co-managed by Guggenheim Partners Investment Management LLC. It invests in public equity and fixed income markets across the globe. For its equity portion, the fund invests directly and through derivatives such as writing covered call and put options to invest in the stocks of companies operating across diversified sectors.