NEW YORK, April 1, 2024 (Globe Newswire) — Guggenheim Investments today announced that certain closed-end funds have declared distributions. The table below sets forth the distribution schedule for each closed-end fund (collectively, a “Fund” and each, a “Fund”).
The following dates apply to distribution:
| Record date | April 15, 2024 |
| ex-dividend date | April 12, 2024 |
| Date of payment | April 30, 2024 |
| Delivery schedule | ||||
| new york stock exchange ticker | Closed-end fund name | Distribution per share | Changes from previous distributions | frequency |
| AVK | Advent Convertible and Income Fund | $0.1172† | monthly | |
| GBAB | Guggenheim Taxable Municipal Bonds and Investment Grade Bond Trust | $0.12573† | monthly | |
| goff | Guggenheim Strategic Opportunities Fund | $0.1821† | monthly | |
| Guggenheim Active Allocation Fund | $0.11875† | monthly | ||
† A portion of this distribution is presumed to be a return on capital rather than income. A final decision on the content of the distribution will be made at the end of the year. For more information, please see the Section 19(a) Notice referenced below. Available at www.guggenheiminvestments.com.
No conclusions should be drawn about the Fund’s investment performance from the amount of this distribution or the terms of the Fund’s distribution policy.
Past performance is not indicative of future performance. At the time of this announcement, the source of each funding distribution is an estimate. Distributions may be paid from sources other than ordinary income, such as short-term capital gains, long-term capital gains, or returns of capital. Unless otherwise specified, the above distributions are not intended to include a return of capital. If the distribution consists of something other than ordinary income, a Section 19(a) notice will be made available detailing the anticipated source of the distribution. Section 19(a) notices will be posted on the Fund’s website and deposit clearing company to enable brokers to distribute the notice to Fund shareholders. Section 19(a) notices are provided for informational purposes only and are not intended for tax reporting purposes. The final determination of the source and taxes of all distributions will be made at the end of the year. This information is not legal or tax advice. Please consult a professional regarding your specific legal or tax issues.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners LLC (“Guggenheim”), with more than $231 billion* in assets under management across fixed income, equity and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high net worth investors. Our 250+ investment professionals conduct rigorous research to understand market trends and identify undervalued opportunities in complex and often unfollowed areas. This investment management approach has enabled us to deliver innovative strategies that offer diversification opportunities and attractive long-term outcomes.
Guggenheim Investments includes Guggenheim Funds Investment Advisors LLC (“GFIA”), Guggenheim Partners Investment Management LLC (“GPIM”) and Guggenheim Funds Distributors LLC (“GFD”). GFIA serves as his investment advisor for GBAB, GOF and GUG. GPIM serves as an investment sub-advisor to GBAB, GOF and GUG. GFD acts as a service agent for AVK. AVK’s investment advisor is Advent Capital Management, LLC, which is not affiliated with Guggenheim.
*Assets under management are as of December 31, 2023 and include leverage of $14.5 billion. Guggenheim Investments represents the affiliated investment management businesses of Guggenheim Partners LLC: Guggenheim Partners Investment Management LLC, Security Investors LLC, Guggenheim Fund Distributors LLC, Guggenheim Funds Investment Advisors LLC, Guggenheim Partners Advisors LLC, Guggenheim Corporate Funding; LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC
This information does not represent an offer to sell any Fund securities, nor is it a solicitation of an offer to buy any Fund securities. There is no guarantee that the Fund will achieve its investment objective. Investing in the Fund incurs management expenses and fees. The fund’s net asset value fluctuates depending on the value of the underlying securities. It is important to note that closed-end funds trade at market value rather than net asset value, and closed-end funds often trade at a discount to net asset value. Past performance is not indicative of future performance. Investing in closed-end funds involves investment risks, including the possible loss of your entire investment. Some common risks and considerations associated with investing in closed-end funds include: Investment and Market Risk. Low grade securities risk. Stock Securities Risk. Foreign Securities Risk. interest rate risk; illiquidity risk. Derivative risks; management risks; anti-takeover provisions. Market Disruption Risk and Leverage Risk. For more information on the Fund-specific risks, please visit www.guggenheiminvestments.com/cef.
Investors should consider the investment objectives and policies, risk considerations, and investment charges and expenses before investing. For this and more information, please visit: www.guggenheiminvestments.com Alternatively, please contact your securities representative or Guggenheim Funds Distributors, LLC, 227 West Monroe Street, Chicago, IL 60606, 800-345-7999.
Contact an analyst
William T. Kober
cefs@guggenheiminvestments.com
Not FDIC insured | Not bank guaranteed | May lose value
Member FINRA/SIPC (4/24) 60822
