GOF Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
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💰 This is a multi-asset bond closed-end fund (CEF) managed by Guggenheim. It is an income-oriented product that seeks total return by focusing on credit assets such as corporate bonds, loan receivables, and structured products, while incorporating some alternative investments and equity strategies, and pays monthly distributions.
It runs 22% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds it is 9.1% cheaper.
Its holdings are worth $9.87 per share, but it trades at $8.97. Over the past year it usually traded 2.7% above value, so it is cheaper now.
Over the past 1 year, on the lower side
33% below its 1-year high.
Traded less than usual. That is 71% of its average volume.
Holding long would have lost money
Bought 5 years ago, your return today would be -52.0%. The S&P 500 did +62% over the same period.
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Dividends are paid consistently
Pays 23.76% annually in dividends.
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Ownership is about average
Institutions hold 24.1%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
It ranks #345 of 1436 in the industry
Based on market cap of $2B.
FAQ
What kind of CEF is GOF?
GOF is a closed-end fund (CEF).
What is the distribution yield of GOF?
GOF's distribution yield is approximately 23.76%, paid out on a regular basis.
What is the 52-week high and low for GOF?
GOF has recorded a 52-week high of $13.62 and a low of $8.40.