GUG: Not Perfect, But Still A Decent Way To Invest In The Debt Markets

The Guggenheim Active Allocation Fund (NYSE:GUG) is a closed-end fund that income-seeking investors may wish to employ to achieve their goals. The fund's current 9.97% yield is a testament to its success at providing income for its shareholders. Fortunately, investors do not have to sacrifice the upside potential of a common equity investment by purchasing this fund. This is because the Guggenheim Active Allocation invests in both stocks and bonds, although it is very heavily weighted in favor of bonds right now. This is not necessarily a problem since bonds do look somewhat more attractive than common equities in terms of risk-adjusted total return potential right now.

seekingalpha.com     Dec 26, 2023