Guggenheim Strategic Opportunities Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.7%
1 yr return
-0.3%
3 Yr Avg Return
-11.1%
5 Yr Avg Return
-7.2%
Net Assets
$1.4 B
Holdings in Top 10
26.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.83%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XGOFX - Profile
Distributions
- YTD Total Return -3.7%
- 3 Yr Annualized Total Return -11.1%
- 5 Yr Annualized Total Return -7.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.72%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameGuggenheim Strategic Opportunities Fund
-
Fund Family NameGuggenheim Investments Asset Management
-
Inception DateAug 07, 2007
-
Shares Outstanding97645346
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerB. Scott Minerd
Fund Description
XGOFX - Performance
Return Ranking - Trailing
Period | XGOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.7% | -10.3% | 16.6% | 99.54% |
1 Yr | -0.3% | -4.5% | 27.2% | 99.85% |
3 Yr | -11.1%* | -17.2% | 16.2% | 99.53% |
5 Yr | -7.2%* | -14.5% | 14.0% | 99.28% |
10 Yr | 0.2%* | -7.2% | 6.7% | 93.84% |
* Annualized
Return Ranking - Calendar
Period | XGOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.5% | -12.0% | 8.9% | 93.68% |
2022 | -24.5% | -31.8% | 18.4% | 97.00% |
2021 | -1.5% | -16.2% | 25.7% | 50.98% |
2020 | -0.5% | -31.1% | 18.7% | 67.50% |
2019 | -4.7% | -6.1% | 15.3% | 99.62% |
Total Return Ranking - Trailing
Period | XGOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.7% | -10.3% | 16.6% | 99.54% |
1 Yr | -0.3% | -4.5% | 27.2% | 99.85% |
3 Yr | -11.1%* | -17.2% | 16.2% | 99.53% |
5 Yr | -7.2%* | -14.5% | 14.0% | 99.28% |
10 Yr | 0.2%* | -7.2% | 6.7% | 93.84% |
* Annualized
Total Return Ranking - Calendar
Period | XGOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.5% | -6.9% | 22.2% | 97.07% |
2022 | -24.5% | -31.8% | 21.1% | 99.05% |
2021 | -1.5% | -13.5% | 49.9% | 89.87% |
2020 | -0.5% | -28.6% | 24.1% | 87.92% |
2019 | 1.3% | -4.8% | 19.1% | 97.31% |
NAV & Total Return History
XGOFX - Holdings
Concentration Analysis
XGOFX | Category Low | Category High | XGOFX % Rank | |
---|---|---|---|---|
Net Assets | 1.4 B | 2.53 M | 143 B | 36.67% |
Number of Holdings | 766 | 4 | 9195 | 34.21% |
Net Assets in Top 10 | 542 M | -204 M | 80.4 B | 32.66% |
Weighting of Top 10 | 26.04% | 5.8% | 265.8% | 52.35% |
Top 10 Holdings
- Guggenheim Enhanced Equity Income Fund 20.28%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
- Option on iShares iBoxx $ High Yield Corp Bd ETF 4.84%
Asset Allocation
Weighting | Return Low | Return High | XGOFX % Rank | |
---|---|---|---|---|
Bonds | 73.90% | 0.00% | 199.60% | 74.34% |
Stocks | 22.84% | -6.18% | 99.66% | 11.04% |
Preferred Stocks | 2.81% | 0.00% | 26.42% | 5.60% |
Convertible Bonds | 0.45% | 0.00% | 33.50% | 65.34% |
Other | 0.17% | -73.61% | 147.15% | 71.85% |
Cash | -0.16% | -94.66% | 91.07% | 98.29% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XGOFX % Rank | |
---|---|---|---|---|
Financial Services | 99.30% | 0.00% | 100.00% | 6.07% |
Technology | 0.37% | 0.00% | 28.30% | 31.50% |
Industrials | 0.09% | 0.00% | 100.00% | 47.98% |
Consumer Cyclical | 0.06% | 0.00% | 89.95% | 46.24% |
Consumer Defense | 0.05% | 0.00% | 99.97% | 36.99% |
Utilities | 0.04% | 0.00% | 100.00% | 44.51% |
Healthcare | 0.03% | 0.00% | 18.60% | 37.28% |
Energy | 0.03% | 0.00% | 100.00% | 72.54% |
Communication Services | 0.02% | 0.00% | 100.00% | 45.66% |
Real Estate | 0.01% | 0.00% | 100.00% | 43.93% |
Basic Materials | 0.01% | 0.00% | 100.00% | 39.60% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XGOFX % Rank | |
---|---|---|---|---|
US | 22.76% | -6.18% | 99.66% | 11.04% |
Non US | 0.08% | -0.26% | 17.73% | 9.80% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XGOFX % Rank | |
---|---|---|---|---|
Corporate | 85.03% | 0.00% | 96.66% | 2.57% |
Securitized | 12.55% | 0.00% | 99.65% | 61.48% |
Municipal | 2.07% | 0.00% | 54.26% | 6.26% |
Government | 0.25% | 0.00% | 99.43% | 83.79% |
Cash & Equivalents | 0.08% | 0.00% | 88.00% | 88.61% |
Derivative | 0.02% | -73.61% | 147.15% | 48.99% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XGOFX % Rank | |
---|---|---|---|---|
US | 62.28% | 0.00% | 199.60% | 72.63% |
Non US | 11.62% | 0.00% | 74.14% | 30.48% |
XGOFX - Expenses
Operational Fees
XGOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.83% | 0.03% | 20.67% | 22.79% |
Management Fee | 1.00% | 0.00% | 2.29% | 85.34% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
XGOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
XGOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XGOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 632.00% | 37.41% |
XGOFX - Distributions
Dividend Yield Analysis
XGOFX | Category Low | Category High | XGOFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 23.30% | 98.31% |
Dividend Distribution Analysis
XGOFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
XGOFX | Category Low | Category High | XGOFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 5.72% | -1.55% | 11.51% | 7.74% |
Capital Gain Distribution Analysis
XGOFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 13, 2019 | $0.182 | OrdinaryDividend |
May 14, 2019 | $0.182 | OrdinaryDividend |
Apr 12, 2019 | $0.182 | OrdinaryDividend |
Mar 14, 2019 | $0.182 | OrdinaryDividend |
Feb 14, 2019 | $0.182 | OrdinaryDividend |
Jan 14, 2019 | $0.182 | OrdinaryDividend |
Dec 13, 2018 | $0.182 | OrdinaryDividend |
Nov 14, 2018 | $0.182 | OrdinaryDividend |
Oct 12, 2018 | $0.182 | OrdinaryDividend |
Sep 13, 2018 | $0.182 | OrdinaryDividend |
Aug 14, 2018 | $0.182 | OrdinaryDividend |
Jul 12, 2018 | $0.182 | OrdinaryDividend |
Jun 14, 2018 | $0.182 | OrdinaryDividend |
May 14, 2018 | $0.182 | OrdinaryDividend |
Apr 12, 2018 | $0.182 | OrdinaryDividend |
Mar 14, 2018 | $0.182 | OrdinaryDividend |
Feb 14, 2018 | $0.182 | OrdinaryDividend |
Jan 11, 2018 | $0.182 | OrdinaryDividend |
Dec 14, 2017 | $0.182 | OrdinaryDividend |
Nov 14, 2017 | $0.182 | OrdinaryDividend |
Oct 12, 2017 | $0.182 | OrdinaryDividend |
Sep 14, 2017 | $0.182 | OrdinaryDividend |
Aug 11, 2017 | $0.182 | OrdinaryDividend |
Jul 12, 2017 | $0.182 | OrdinaryDividend |
Jun 13, 2017 | $0.182 | OrdinaryDividend |
May 11, 2017 | $0.182 | OrdinaryDividend |
Apr 11, 2017 | $0.182 | OrdinaryDividend |
Mar 13, 2017 | $0.182 | OrdinaryDividend |
Feb 13, 2017 | $0.182 | OrdinaryDividend |
Jan 11, 2017 | $0.182 | OrdinaryDividend |
Dec 13, 2016 | $0.182 | OrdinaryDividend |
Nov 10, 2016 | $0.182 | OrdinaryDividend |
Oct 12, 2016 | $0.182 | OrdinaryDividend |
Sep 13, 2016 | $0.182 | OrdinaryDividend |
Aug 11, 2016 | $0.182 | OrdinaryDividend |
Jul 13, 2016 | $0.182 | OrdinaryDividend |
Jun 13, 2016 | $0.182 | OrdinaryDividend |
May 11, 2016 | $0.182 | OrdinaryDividend |
Apr 13, 2016 | $0.182 | OrdinaryDividend |
Mar 11, 2016 | $0.182 | OrdinaryDividend |
Feb 10, 2016 | $0.182 | OrdinaryDividend |
Jan 13, 2016 | $0.182 | OrdinaryDividend |
Dec 11, 2015 | $0.182 | OrdinaryDividend |
Nov 10, 2015 | $0.182 | OrdinaryDividend |
Oct 13, 2015 | $0.182 | OrdinaryDividend |
Sep 11, 2015 | $0.182 | OrdinaryDividend |
Aug 12, 2015 | $0.182 | OrdinaryDividend |
Jul 13, 2015 | $0.182 | OrdinaryDividend |
Jun 11, 2015 | $0.182 | OrdinaryDividend |
May 13, 2015 | $0.182 | OrdinaryDividend |
Apr 13, 2015 | $0.182 | OrdinaryDividend |
Mar 11, 2015 | $0.182 | OrdinaryDividend |
Feb 11, 2015 | $0.182 | OrdinaryDividend |
Jan 13, 2015 | $0.182 | OrdinaryDividend |
Dec 11, 2014 | $0.182 | OrdinaryDividend |
Nov 12, 2014 | $0.182 | OrdinaryDividend |
Oct 10, 2014 | $0.182 | OrdinaryDividend |
Sep 11, 2014 | $0.182 | OrdinaryDividend |
Aug 13, 2014 | $0.182 | OrdinaryDividend |
Jul 11, 2014 | $0.182 | OrdinaryDividend |
Jun 11, 2014 | $0.182 | OrdinaryDividend |
May 13, 2014 | $0.182 | OrdinaryDividend |
Apr 11, 2014 | $0.182 | OrdinaryDividend |
Mar 12, 2014 | $0.182 | OrdinaryDividend |
Feb 12, 2014 | $0.182 | OrdinaryDividend |
Jan 13, 2014 | $0.182 | OrdinaryDividend |
Dec 11, 2013 | $0.182 | OrdinaryDividend |
Nov 13, 2013 | $0.182 | OrdinaryDividend |
Oct 10, 2013 | $0.182 | OrdinaryDividend |
Sep 11, 2013 | $0.182 | OrdinaryDividend |
Aug 13, 2013 | $0.182 | OrdinaryDividend |
Jul 11, 2013 | $0.182 | OrdinaryDividend |
Jun 12, 2013 | $0.182 | OrdinaryDividend |
May 13, 2013 | $0.182 | OrdinaryDividend |
Apr 11, 2013 | $0.169 | OrdinaryDividend |
Mar 19, 2013 | $0.169 | OrdinaryDividend |
Feb 13, 2013 | $0.169 | OrdinaryDividend |
Jan 11, 2013 | $0.169 | OrdinaryDividend |
Dec 12, 2012 | $0.169 | OrdinaryDividend |
Nov 13, 2012 | $0.154 | OrdinaryDividend |
Oct 11, 2012 | $0.154 | OrdinaryDividend |
Sep 12, 2012 | $0.154 | OrdinaryDividend |
Aug 13, 2012 | $0.154 | OrdinaryDividend |
Jul 11, 2012 | $0.154 | OrdinaryDividend |
Jun 13, 2012 | $0.154 | OrdinaryDividend |
May 11, 2012 | $0.154 | OrdinaryDividend |
Apr 11, 2012 | $0.154 | OrdinaryDividend |
Mar 13, 2012 | $0.154 | OrdinaryDividend |
Feb 13, 2012 | $0.154 | OrdinaryDividend |
Jan 11, 2012 | $0.154 | OrdinaryDividend |
Dec 13, 2011 | $0.154 | OrdinaryDividend |
Nov 10, 2011 | $0.154 | OrdinaryDividend |
Oct 12, 2011 | $0.154 | OrdinaryDividend |
Sep 13, 2011 | $0.154 | OrdinaryDividend |
Aug 11, 2011 | $0.154 | OrdinaryDividend |
Jul 13, 2011 | $0.154 | OrdinaryDividend |
Jun 13, 2011 | $0.154 | OrdinaryDividend |
May 11, 2011 | $0.154 | OrdinaryDividend |
Apr 13, 2011 | $0.154 | OrdinaryDividend |
Mar 11, 2011 | $0.154 | OrdinaryDividend |
Feb 11, 2011 | $0.154 | OrdinaryDividend |
Jan 12, 2011 | $0.154 | OrdinaryDividend |
Dec 27, 2010 | $0.027 | StockDividend |
Dec 13, 2010 | $0.154 | OrdinaryDividend |
Nov 10, 2010 | $0.154 | OrdinaryDividend |
Oct 13, 2010 | $0.154 | OrdinaryDividend |
Sep 13, 2010 | $0.154 | OrdinaryDividend |
Aug 11, 2010 | $0.154 | OrdinaryDividend |
Jul 13, 2010 | $0.154 | OrdinaryDividend |
Jun 11, 2010 | $0.154 | OrdinaryDividend |
May 12, 2010 | $0.154 | OrdinaryDividend |
Apr 13, 2010 | $0.154 | OrdinaryDividend |
Mar 11, 2010 | $0.154 | OrdinaryDividend |
Feb 10, 2010 | $0.154 | OrdinaryDividend |
Jan 13, 2010 | $0.154 | OrdinaryDividend |
Dec 11, 2009 | $0.154 | OrdinaryDividend |
Nov 10, 2009 | $0.154 | OrdinaryDividend |
Oct 13, 2009 | $0.154 | OrdinaryDividend |
Sep 11, 2009 | $0.154 | OrdinaryDividend |
Aug 12, 2009 | $0.154 | OrdinaryDividend |
Jul 13, 2009 | $0.154 | OrdinaryDividend |
Jun 11, 2009 | $0.154 | OrdinaryDividend |
May 13, 2009 | $0.154 | OrdinaryDividend |
Apr 13, 2009 | $0.154 | OrdinaryDividend |
Mar 11, 2009 | $0.154 | OrdinaryDividend |
Feb 11, 2009 | $0.154 | OrdinaryDividend |
Jan 13, 2009 | $0.154 | OrdinaryDividend |
Dec 11, 2008 | $0.154 | OrdinaryDividend |
Nov 12, 2008 | $0.154 | OrdinaryDividend |
Oct 10, 2008 | $0.154 | OrdinaryDividend |
Sep 11, 2008 | $0.154 | OrdinaryDividend |
Aug 13, 2008 | $0.154 | OrdinaryDividend |
Jul 11, 2008 | $0.154 | OrdinaryDividend |
Jun 11, 2008 | $0.154 | OrdinaryDividend |
May 13, 2008 | $0.154 | OrdinaryDividend |
Apr 11, 2008 | $0.154 | OrdinaryDividend |
Mar 12, 2008 | $0.154 | OrdinaryDividend |
Feb 13, 2008 | $0.154 | OrdinaryDividend |
Jan 11, 2008 | $0.154 | OrdinaryDividend |
Dec 12, 2007 | $0.142 | OrdinaryDividend |
Nov 13, 2007 | $0.142 | OrdinaryDividend |
Oct 11, 2007 | $0.142 | OrdinaryDividend |
Sep 12, 2007 | $0.142 | OrdinaryDividend |
XGOFX - Fund Manager Analysis
Managers
B. Scott Minerd
Start Date
Tenure
Tenure Rank
Jul 27, 2007
14.85
14.9%
B. Scott Minerd, Chairman, Global Chief Investment Officer, Managing Partner and Portfolio Manager of Guggenheim Partners. Mr. Minerd joined Guggenheim Partners (or its affiliate or predecessor) in May 1998. Mr. Minerd leads Guggenheim Partners' research on global macroeconomics and guides the firm’s investment strategies.Previously, Mr. Minerd was a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group. In this position, he was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units. Prior to that, Mr. Minerd was Morgan Stanley’s London based European Capital Markets Products Trading and Risk Manager responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities and money market products in 12 European currencies and Asian markets. Mr. Minerd has also held capital markets positions with Merrill Lynch and Continental Bank. Prior to that, he was a Certified Public Accountant and worked for the public accounting firm of Price Waterhouse. Mr. Minerd is a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, helping advise the NY Fed President and senior management at the bank about the current financial markets and ways the public and private sectors can better understand and mitigate systematic risks. Mr. Minerd also works with the Organization for Economic Cooperation and Development (OECD), advising on research and analysis of private sector infrastructure investment, and is a contributing member of the World Economic Forum (WEF). He is a regularly featured guest and contributor to leading financial media outlets, including The Wall Street Journal, The Financial Times, Bloomberg, and CNBC, where he shares insights on today’s financial climate. Mr. Minerd holds a B.S. degree in Economics from the Wharton School, University of Pennsylvania, Philadelphia, and has completed graduate work at the University of Chicago Graduate School of Business and the Wharton School, University of Pennsylvania.
Anne Walsh
Start Date
Tenure
Tenure Rank
Jul 27, 2007
14.85
14.9%
Anne B. Walsh, Chief Investment Officer, Fixed Income, Senior Managing Director and Portfolio Manager of Guggenheim Partners. Ms. Walsh joined Guggenheim Partners (or its affiliate or predecessor) in 2007 is also the head of the Portfolio Construction Group and Portfolio Management. She oversees more than $185 billion in fixed-income investments including Agencies, Credit, Municipals, and Structured Securities. She is responsible for portfolio design, strategy, sector allocation and risk management, as well as conveying Guggenheim Partners' macroeconomic outlook to Portfolio Managers and fixed income Sector Specialists. Ms. Walsh specializes in liability-driven portfolio management. Prior to joining Guggenheim Partners, she served as Chief Investment Officer at Reinsurance Group of America, and also held roles at Zurich Scudder Investments, Lincoln Investment Management and American Bankers Insurance Group. She has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute. Ms. Walsh received her BSBA and MBA from Auburn University and her J.D. from the University of Miami School of Law.
Adam Bloch
Start Date
Tenure
Tenure Rank
Jan 15, 2018
4.38
4.4%
Adam Bloch, Managing Director and Portfolio Manager of Guggenheim Partners. Mr. Bloch joined Guggenheim Partners in 2012 and is a Portfolio Manager for the firm's Active Fixed Income and Total Return mandates. Mr. Bloch works with the Chief Investment Officers and other Portfolio Managers to develop portfolio strategy that is in line with the firm’s views. He oversees strategy implementation, working with research analysts and traders to generate trade ideas, hedge portfolios, and manage day-to-day risk. Prior to joining Guggenheim Partners, he worked in Leveraged Finance at Bank of America Merrill Lynch in New York where he structured high-yield bonds and leveraged loans for leveraged buyouts, restructurings, and corporate refinancings across multiple industries. Mr. Bloch graduated from the University of Pennsylvania.
Steven Brown
Start Date
Tenure
Tenure Rank
Jan 15, 2018
4.38
4.4%
Steve Brown, Senior Managing Director and Portfolio Manager of Guggenheim Partners and Senior Managing Director and Portfolio Manager of Security Investors. He has co-managed Series E since 2016. Mr. Brown joined Guggenheim Investments in 2010 and is a Portfolio Manager for Guggenheim Partners' Active Fixed Income and Total Return mandates. He works with the Chief Investment Officers and other members of the Portfolio Management team to develop and execute portfolio strategy. Additionally, he works closely with the Sector Teams and Portfolio Construction Group. Prior to joining Portfolio Management in 2012, Brown worked in Guggenheim Partners' Asset Backed Securities group. His responsibilities on that team included trading and evaluating investment opportunities and monitoring credit performance. Prior to joining Guggenheim Partners in 2010, Mr. Brown held roles within structured products at ABN AMRO and Bank of America in Chicago and London. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |