Guggenheim Credit Alloc Fund:GGM

    Overview

    As of 4/18/2019

     Share
    Price
    NAVPremium/
    Discount
    Current$20.48$19.803.43%
    52 Wk Avg$21.04$20.572.29%
    52 Wk High$23.04$21.709.38%
    52 Wk Low$17.17$19.16-10.94%
    Regular Distribution TypeIncome Only
    Distribution Rate10.62%
    Distribution Amount$0.1813
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks total return through investment primarily in fixed-income securities, debt securities and loans and investments with economic characteristics similar to fixed-income securities.

    Capital Structure

    As of 4/18/2019

    Total Net Assets:$222.866M
    Total Common Assets:$150.947M
    Common Shares Outstanding:7,382,102
    Leverage

    As of 5/31/2018

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD):
    Structural Leverage (USD):
    Structural Leverage (%): 0.00%
    Effective Leverage (USD): $72.000M
    Effective Leverage (%): 31.25%
    Annual Expense Ratios

    As of 5/31/2018

      Per Common Share
    Management Fees1.42%
    Other Expenses:0.29%
    Baseline Expense: 1.71%
    Interest Expense:0.86%
    Total: 2.57%
    Fund Management

    Fund Sponsor
    Guggenheim Funds Investment Advisors LLC

    Portfolio Managers
    Richard J de Wet (15 Feb 2018) / Kevin H. Gundersen (26 Jun 2013) / Thomas J. Hauser (15 Feb 2018) / B. Scott Minerd (26 Jun 2013) / Anne Bookwalter Walsh (26 Jun 2013)

    Basics
    Category: Taxable Income-Investment Grade
    Ticker: GGM
    NAV Ticker: XGGMX
    Average Daily Volume (shares): 28,000
    Average Daily Volume (USD): $0.580M
    Inception Date: 6/26/2013
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: May 31
    Third Party Links & Reports

    Distributions

    As of 4/18/2019

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2018
    $0.1574
    Annualized Distribution Rate on NAV:
    As of 4/18/2019
    10.99%
    Total Return on NAV (12 months):
    As of 4/18/2019
    1.18%
    Avg. UNII Per Share:
    As of 5/31/2018
    -$0.0477
    Total % Portfolio Effectively Leveraged:
    As of 4/18/2019
    31.25%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/18/2019

    PeriodAvg Discount
    6 Month0.99%
    1 Year2.29%
    3 Year1.24%
    5 Year-0.17%
    Z-Score

    As of 4/19/2019

    PeriodZStat
    3 Month-0.20
    6 Month0.60
    1 Year0.30
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 4/18/2019
    Category: Investment Grade Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD15.54%6.89%15.14%8.56%
    2018-7.03%-4.88%-5.40%-2.09%
    20178.18%10.14%16.01%13.07%
    201627.75%24.49%17.42%13.28%
    20150.07%-3.59%-1.40%-1.35%
    20144.48%2.46%5.61%8.80%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 4/18/2019
    Category: Investment Grade Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 11/30/2018
    182
    Annual Portfolio Turnover:
    As of 5/31/2018
    47.00%
    Asset Allocation

    As of 2/28/2018 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2016 reported by Fund Sponsor

    Sector%Portfolio
    Debt - Corporate 56.74%
    Debt - Floating Rate Bond31.50%
    Debt - Asset-Backed Sec 8.31%
    ETF 1.37%
    Debt - Pref Shrs 1.15%
    General Equity 0.68%
    Debt - Mort-backed Sec 0.59%
    Debt - Short 0.14%
    Net Current Assets -0.49%
    Top Holdings

    As of 8/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Unit 6.625% 6.62 15 May 2021$4.00M1.75%
    Mcgraw-Hill Global Edu Hldgs 144A 7.875% 7.88 15 May 2024$3.93M1.72%
    Eldorado Gold Corp New 144A 6.125% 6.12 15 Dec 2020$3.85M1.69%
    Numericable Grp Sa 144A 7.375% 7.38 01 May 2026$3.78M1.65%
    Mdc Partners 144A 6.5% 6.50 01 May 2024$3.66M1.60%
    Vector Grp 144A 6.125%$3.59M1.57%
    Eig Invs 10.875%$3.59M1.57%
    Great Lakes Dredge & Dock 8% 8.00 15 May 2022$3.54M1.55%
    Amer Midstream Partnr Lp/ 144A 8.5%$3.52M1.54%
    Nathans Famous Inc New 144A 6.625%$3.51M1.53%
    Accuride Corporation$3.46M1.51%
    Credit Quality

    As of 2/28/2019 reported by Fund Sponsor

    Country Allocation

    As of 2/28/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 53.82%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    485923-INV-AN-5/19