About Guggenheim Credit (NYSE:GGM)
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.
Industry, Sector and Symbol
Industry Closed End Funds
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on EquityN/A
Return on AssetsN/A
Guggenheim Credit (NYSE:GGM) Frequently Asked Questions
What is Guggenheim Credit's stock symbol?
Guggenheim Credit trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGM."
How often does Guggenheim Credit pay dividends? What is the dividend yield for Guggenheim Credit?
Guggenheim Credit announced a monthly dividend on Friday, March 2nd. Stockholders of record on Thursday, March 15th will be given a dividend of $0.1813 per share on Thursday, March 29th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 10.31%. The ex-dividend date is Wednesday, March 14th. View Guggenheim Credit's Dividend History.
Who are some of Guggenheim Credit's key competitors?
Some companies that are related to Guggenheim Credit include Oxford Lane Capital (OXLC), Center Coast Brookfield MLP&Enrg Inf Fnd (CEN), Kayne Anderson Energy Development (KED), BlackRock LT Municipal Advantage Trust (BTA), Voya Asia Pacific High (IAE), Malaysia Fund (MAY), Full Circle Capital (FULL), GLI Finance (GLIF), Andalas Energy and Power (ADL), Helios Advantage Income Fund (HAV), MCG Capital (MCGC) and Warehouse REIT (WHR).
Who are Guggenheim Credit's key executives?
Guggenheim Credit's management team includes the folowing people:
- Donald C. Cacciapaglia, Chief Executive Officer, Trustee (Age 66)
- John L. Sullivan, Chief Financial Officer, Chief Accounting Officer, Treasurer (Age 62)
- Joanna Catalucci, Chief Compliance Officer (Age 51)
- William H. Belden III, Vice President (Age 52)
- Bryan Stone, Vice President (Age 38)
- Mark J. Furjanic, Assistant Treasurer (Age 58)
- James Howley, Assistant Treasurer (Age 45)
- Kimberly J. Scott, Assistant Treasurer (Age 43)
- Amy J. Lee, Chief Legal Officer (Age 56)
- Mark E. Mathiasen, Secretary (Age 39)
Has Guggenheim Credit been receiving favorable news coverage?
Media stories about GGM stock have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Guggenheim Credit earned a media sentiment score of 0.17 on Accern's scale. They also gave media stories about the company an impact score of 46.13 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Guggenheim Credit's major shareholders?
Guggenheim Credit's stock is owned by a number of of retail and institutional investors. Top institutional investors include BB&T Securities LLC (0.65%), Wagner Wealth Management LLC (0.61%), Ladenburg Thalmann Financial Services Inc. (0.58%), Sit Investment Associates Inc. (0.44%), Wolverine Asset Management LLC (0.39%) and Sigma Planning Corp (0.19%). Company insiders that own Guggenheim Credit stock include Randall C Barnes, Roman Friedrich III and Ronald E Toupin Jr. View Institutional Ownership Trends for Guggenheim Credit.
Which institutional investors are selling Guggenheim Credit stock?
Which institutional investors are buying Guggenheim Credit stock?
GGM stock was bought by a variety of institutional investors in the last quarter, including Wagner Wealth Management LLC, Ladenburg Thalmann Financial Services Inc., Wolverine Asset Management LLC and SeaCrest Wealth Management LLC. Company insiders that have bought Guggenheim Credit stock in the last two years include Randall C Barnes, Roman Friedrich III and Ronald E Toupin Jr. View Insider Buying and Selling for Guggenheim Credit.
How do I buy shares of Guggenheim Credit?
Shares of GGM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Guggenheim Credit's stock price today?
One share of GGM stock can currently be purchased for approximately $21.11.
How big of a company is Guggenheim Credit?
Guggenheim Credit has a market capitalization of $152.75 million.
How can I contact Guggenheim Credit?
Guggenheim Credit's mailing address is 227 W Monroe St, CHICAGO, IL 60606-5055, United States. The company can be reached via phone at +1-312-8270100.
MarketBeat Community Rating for Guggenheim Credit (GGM)MarketBeat's community ratings are surveys of what our community members think about Guggenheim Credit and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Guggenheim Credit (NYSE:GGM) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Guggenheim Credit (NYSE:GGM)
No earnings announcements for this company have been tracked by MarketBeat.com
Guggenheim Credit (NYSE:GGM) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Guggenheim Credit (NYSE:GGM) Dividend Information
|Dividend Growth:||1.70% (3 Year Average)|
Guggenheim Credit (NYSE:GGM) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Guggenheim Credit (NYSE GGM) Insider Trading and Institutional Ownership History
Guggenheim Credit (NYSE GGM) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|6/29/2017||Ronald E Toupin Jr||Insider||Buy||150||$23.02||$3,453.00||1,503|| |
|4/20/2017||Ronald E Toupin Jr||Insider||Buy||305||$22.95||$6,999.75||1,334|| |
|12/6/2016||Randall C Barnes||Insider||Buy||620||$21.26||$13,181.20|| |
|8/25/2016||Roman Friedrich III||Insider||Buy||452||$22.10||$9,989.20||902|| |
|7/5/2016||Ronald E Toupin Jr||Insider||Buy||100||$20.44||$2,044.00||956|| |
|6/29/2016||Randall C Barnes||Insider||Buy||1,350||$20.23||$27,310.50||12,503|| |
|5/3/2016||Randall C Barnes||Insider||Buy||260||$19.30||$5,018.00||11,153|| |
|3/14/2016||Randall C Barnes||Insider||Buy||600||$18.35||$11,010.00||10,893|| |
Guggenheim Credit (NYSE GGM) News Headlines
Guggenheim Credit (NYSE:GGM) SEC Filings
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Financials are not available for this stock.
Guggenheim Credit (NYSE GGM) Stock Chart for Thursday, March, 22, 2018