Guggenheim Strategic Opportunities Fund (GOF)

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Guggenheim Strategic Opportunities Fund (GOF) is down 7.8% since the beginning of the year. GOF is currently trading at $11 per share. Investors who bought $1,000 worth of GOF shares 5 years ago would now be looking at an investment worth $1,039.

Guggenheim Strategic Opportunities Fund (GOF) has returned -7.84% so far this year and -11.82% over the past 12 months. Over the last ten years, GOF has returned 7.95% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jul 27, 2007, GOF's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2009 with a return of +15.5%, while the worst month was Sep 2008 at -27.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GOF closed higher 55% of trading days. The best single day was Mar 19, 2020 with a return of +14.6%, while the worst single day was Mar 18, 2020 at -23.3%.

Guggenheim Strategic Opportunities Fund has an annualized alpha of 5.83%, beta of 0.50, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since July 27, 2007.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (60.83%) than losses (54.30%) - typical of diversified or defensive assets.
• Beta of 0.50 may look defensive, but with R2 of 0.21 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.21 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GOF has a high expense ratio of 1.89%, indicating above-average management fees.

GOF ranks 1 for risk / return — in the bottom 1% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Guggenheim Strategic Opportunities Fund provided a 20.21% dividend yield over the last twelve months, with an annual payout of $2.19 per share. The fund has been increasing its distributions for 14 consecutive years.

The table displays the monthly dividend distributions for Guggenheim Strategic Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Guggenheim Strategic Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Guggenheim Strategic Opportunities Fund was 54.66%, occurring on Mar 9, 2009. Recovery took 128 trading sessions.

The current Guggenheim Strategic Opportunities Fund drawdown is 17.91%.

The chart below shows the rolling one-month volatility.