NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared
their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and
each, a “Fund”).
| The following dates apply to the distributions: |
| |
|
| Record Date |
April 15, 2019 |
| |
|
| Ex-Dividend Date |
April 12, 2019 |
| |
|
| Payable Date |
April 30, 2019 |
| Distribution Schedule |
NYSE
Ticker |
Closed-End Fund Name |
Distribution
Per Share |
Change from Previous
Distribution |
Frequency |
|
AVK
|
Advent Claymore Convertible Securities and Income Fund |
$0.11721 |
|
Monthly |
|
GBAB
|
Guggenheim Taxable Municipal Managed Duration Trust |
$0.12573 |
|
Monthly |
|
GGM
|
Guggenheim Credit
Allocation Fund |
$0.18131 |
|
Monthly |
|
GOF
|
Guggenheim Strategic Opportunities Fund |
$0.18211 |
|
Monthly |
|
1 A portion of this distribution is estimated to be a return of capital rather than income. Final determination of
the character of distributions will be made at year-end. The Section 19(a) notice referenced below provides more information
and can be found at www.guggenheiminvestments.com.
|
Past performance is not indicative of future performance. As of this announcement, the sources of each fund
distribution are estimates. Distributions may be paid from sources of income other than ordinary income, such as short-term capital
gains, long-term capital gains or return of capital. Unless otherwise noted, the distributions above are not anticipated to include
a return of capital. If a distribution consists of something other than ordinary income, a Section 19(a) notice detailing the
anticipated source(s) of the distribution will be made available. The Section 19(a) notice will be posted to a Fund’s website and
to the Depository Trust & Clearing Corporation so that brokers can distribute such notices to Shareholders of the Fund. Section
19(a) notices are provided for informational purposes only and not for tax reporting purposes. The final determination of the
source and tax characteristics of all distributions will be made after the end of the year. This information is not legal or tax
advice. Consult a professional regarding your specific legal or tax matters.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, LLC
(“Guggenheim”), with $203 billion* in assets under management across fixed income, equity, and alternative strategies.
We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds,
endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 300+ investment professionals perform
rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and
underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification
opportunities and attractive long-term results.
Guggenheim Investments includes Guggenheim Funds Investment Advisors, LLC (“GFIA”), Guggenheim Partners Investment Management
(“GPIM”), and Guggenheim Funds Distributors, LLC (”GFD”). GFD serves as servicing agent for AVK. GFIA serves as Investment Adviser
for FMO, GBAB, GGM and GOF. GPIM serves as Investment Sub-Adviser for GBAB, GGM and GOF. Advisory Research, Inc. serves as
Investment Sub-Adviser for FMO and is not affiliated with Guggenheim. The Investment Adviser for AVK is Advent Capital Management,
LLC and is not affiliated with Guggenheim.
*Assets under management as of 12.31.2018 and include leverage of $12.4bn. Guggenheim Investments represents the following
affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security
Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, GS
GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities
of the Funds. There can be no assurance that the Funds will achieve their investment objectives. Investments in the Funds involve
operating expenses and fees. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is
important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a
discount to their net asset value. Past performance is not indicative of future performance. An investment in closed-end funds is
subject to investment risk, including the possible loss of the entire amount that you invest. Some general risks and considerations
associated with investing in a closed-end fund may include: Investment and Market Risk; Lower Grade Securities Risk; Equity
Securities Risk; Foreign Securities Risk; Interest Rate Risk; Illiquidity Risk; Derivative Risk; Management Risk; Anti-Takeover
Provisions; Market Disruption Risk and Leverage Risk. See www.guggenheiminvestments.com/cef for a detailed discussion of Fund-specific risks.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of any
investment before they invest. For this and more information, visit www.guggenheiminvestments.com or contact a securities representative or Guggenheim Funds
Distributors, LLC 227 West Monroe Street, Chicago, IL 60606, 800-345-7999.
Analyst Inquiries
William T. Korver
cefs@guggenheiminvestments.com
Not FDIC-Insured | Not Bank-Guaranteed | May Lose Value
Member FINRA/SIPC (4/19)
