M&A
confidence high
sentiment neutral
materiality 0.55
Guggenheim completes mergers of GPM and GGM into GOF; appoints new PM
GUGGENHEIM STRATEGIC OPPORTUNITIES FUND
- Mergers of Guggenheim Enhanced Equity Income Fund (GPM) and Guggenheim Credit Allocation Fund (GGM) into GOF completed on October 25, 2021.
- GGM shareholders receive 1.12334682 GOF shares per GGM share; GPM shareholders receive 0.52792920 GOF shares per GPM share.
- NAVs as of Oct 22 close: GOF $16.82, GGM $18.89, GPM $8.88.
- Perry Hollowell, previously PM of GPM, appointed as additional portfolio manager of GOF.