About Guggenheim Credit Allocation Fund (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 Allocation Fund (NYSE:GGM) Frequently Asked Questions
What is Guggenheim Credit Allocation Fund's stock symbol?
Guggenheim Credit Allocation Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGM."
How often does Guggenheim Credit Allocation Fund pay dividends? What is the dividend yield for Guggenheim Credit Allocation Fund?
Guggenheim Credit Allocation Fund declared a monthly dividend on Friday, March 2nd. Investors 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 annualized dividend and a yield of 10.24%. The ex-dividend date is Wednesday, March 14th. View Guggenheim Credit Allocation Fund's Dividend History.
Who are some of Guggenheim Credit Allocation Fund's key competitors?
Some companies that are related to Guggenheim Credit Allocation Fund 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 Divid Eqt Incm Fd (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 Allocation Fund's key executives?
Guggenheim Credit Allocation Fund'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 Allocation Fund been receiving favorable news coverage?
Press coverage about GGM stock has trended somewhat negative on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Guggenheim Credit Allocation Fund earned a media sentiment score of -0.03 on Accern's scale. They also assigned press coverage about the company an impact score of 45.88 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Guggenheim Credit Allocation Fund's major shareholders?
Guggenheim Credit Allocation Fund's stock is owned by a number of of institutional and retail 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 Allocation Fund stock include Randall C Barnes, Roman Friedrich III and Ronald E Toupin Jr. View Institutional Ownership Trends for Guggenheim Credit Allocation Fund.
Which institutional investors are selling Guggenheim Credit Allocation Fund stock?
Which institutional investors are buying Guggenheim Credit Allocation Fund stock?
GGM stock was purchased 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 Allocation Fund 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 Allocation Fund.
How do I buy shares of Guggenheim Credit Allocation Fund?
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 Allocation Fund's stock price today?
One share of GGM stock can currently be purchased for approximately $21.25.
How big of a company is Guggenheim Credit Allocation Fund?
Guggenheim Credit Allocation Fund has a market capitalization of $152.75 million.
How can I contact Guggenheim Credit Allocation Fund?
Guggenheim Credit Allocation Fund'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 Allocation Fund (GGM)MarketBeat's community ratings are surveys of what our community members think about Guggenheim Credit Allocation Fund 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 Allocation Fund (NYSE:GGM) Analyst Ratings History
No equities research coverage for this company has been tracked by MarketBeat
Earnings History for Guggenheim Credit Allocation Fund (NYSE:GGM)
No earnings announcements for this company have been tracked by MarketBeat.com
Guggenheim Credit Allocation Fund (NYSE:GGM) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Guggenheim Credit Allocation Fund (NYSE:GGM) Dividend Information
|Dividend Growth:||1.70% (3 Year Average)|
Guggenheim Credit Allocation Fund (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 Allocation Fund (NYSE GGM) Insider Trading and Institutional Ownership History
Guggenheim Credit Allocation Fund (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 Allocation Fund (NYSE GGM) News Headlines
Guggenheim Credit Allocation Fund (NYSE:GGM) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Financials are not available for this stock.
Guggenheim Credit Allocation Fund (NYSE GGM) Stock Chart for Monday, March, 19, 2018