Guggenheim Credit Allocation Fund (NYSE:GGM) Shares Down 0.5%
Guggenheim Credit Allocation Fund (NYSE:GGM)’s stock price was down 0.5% on Tuesday . The stock traded as low as $20.00 and last traded at $20.05, approximately 24,099 shares traded hands during trading. A decline of 20% from the average daily volume of 30,084 shares. The stock had previously closed at $20.15.
The company has a fifty day moving average price of $20.21 and a two-hundred day moving average price of $20.38.
The firm also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.181 dividend. The ex-dividend date was Thursday, November 14th. This represents a $2.17 annualized dividend and a dividend yield of 10.81%.
Guggenheim Credit Allocation Fund Company Profile (NYSE:GGM)
Guggenheim Credit Allocation Fund is a closed ended fixed income mutual fund launched and managed by Guggenheim Partners Investment Management, LLC. It invests in fixed income markets of the United States. The fund invests in credit securities that include debt securities and loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans.
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