GUG CEF — Guggenheim Active Allocation Fund

Guggenheim Active Allocation Fund (GUG)

GUG is a low-cost CEF. its distribution rate is 9.83%, its trailing-12-month yield is 9.83%. Dividend Vision Distribution Safety Score™ is 92/100 (Safe). Total return is 13.3% over the past 4.8 years, 60.2 points behind SPY at 73.5%.

At the current 9.83% distribution rate, a $10,000 investment would generate approximately $983 per year, or $81.92 per month.

GUG performance versus SPY

Price and return data through 2026-09-18.

Total return is 13.3% over the past 4.8 years, 60.2 points behind SPY at 73.5%. Over the past year its total return — price change plus distributions reinvested — is 2.3%. Its deepest 1-year drawdown was 11.5%.

GUG key facts

Distribution Safety Score™

92 · Safe

Safety-Adjusted Yield

9.04%

Issuer

Guggenheim

Asset type

CEF

Asset class

Fixed Income

Inception date

11/24/2021

Distribution rate

9.83%

Distribution frequency

Monthly

Trailing yield

9.83%

Last close

$14.53 (as of 2026-09-18)

NAV

N/A

Premium / discount

N/A

Market cap

$479,200,608

Average volume

85500.0

Next dividend

$0.119

Last ex-dividend date

09/15/2026 (as of 2026-09-15)

Next payment date

09/30/2026 (as of 2026-09-30)

How Dividend Vision calculates yield and returns

Distribution rate (9.83%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (9.83%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Guggenheim; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GUG risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.5%.

Who may consider GUG — and who may not

GUG may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Guggenheim.