NYSE:GOF - New York Stock Exchange, Inc. - US40167F1012 - Currency: USD
The 17.9% yield of the Guggenheim Strategic Opportunities Fund (NYSE: GOF) is enticing, and as you will see shortly, this fund has an excellent record of distributions to investors. Like many other closed-end funds, it uses debt and leverage to generate higher returns. Digging into the fund's prospectus, strategy, and holdings, it says it aims to "maximize total return through a combination of current income and capital appreciation" by "investing in a wide range of fixed income and other debt and senior equity securities."
These two high-yielding stocks have considerable risk around their current dividend payouts.
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Many dream of retiring early, but making it a reality requires careful planning, especially when you want to rely on investment income.
Guggenheim Strategic Opportunities Fund (GOF) declares $0.1821/share monthly dividend, in line with previous. Forward yield 16.38% Payable Dec. 29; for sharehol