GOF

Guggenheim Strategic Opportunities Fund [GOF] Stock Forecast

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RSI : 000

GOF Stock Summary

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GOF


In the News

12:54 16 Apr 2024 GOF

Closed End Funds That Offer A Discount To Reinvest

Closed End Funds That Offer A Discount To Reinvest

12:28 16 Apr 2024 GOF

GOF: Rethinking Opportunistic Credit, Despite Heavy Payouts (Downgrade)

The Guggenheim Strategic Opportunities Fund has been praised for its double-digit dividends, but I am now limiting my stake in GOF and phasing it out of my CEF portfolio. GOF is a mixed bag of assets with a growing allocation to stocks, and it has performed well against its benchmark. Recent performance has been spurred on by a rise in premium, and the trade I recommended in November has come to a close.

10:20 16 Apr 2024 GOF

Downgrading Guggenheim Strategic Opportunities Fund From A Buy To A Sell At $14.70

The Guggenheim Strategic Opportunities Fund has been performing well at market price so far this year, up 17%, but its NAV performance has been extremely underwhelming comparatively. As a result, GOF is now at the top of my list of CEFs that have seen their market price far outperform their NAV, which is a red flag near term. With GOF back to a 20%-plus premium and an NAV only up 1.5% year-to-date, GOF is extremely overpriced and will have a hard time covering its 18.0% NAV yield.

08:23 16 Apr 2024 GOF

GOF: Why I'm Still Passing On The 16.17% Yield

The Guggenheim Strategic Opportunities Fund trades at a 10% premium over its net asset value and has a current distribution rate of 16.17%. The fund typically trades at a premium, but its premium has decreased recently, coinciding with a sizeable drawdown in fixed income. The fund's portfolio consists mostly of corporate exposures and has a healthy allocation to bank loans, but it is fading government exposure.

09:00 16 Apr 2024 GOF

The 8% Income Portfolio: 2023 Year-End Review

2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. We will provide updates on trades during the year, dividends collected, and overall performance. As usual, we will compare the performance with a traditional 60:40 stock/bond portfolio.

10:59 16 Apr 2024 GOF

GOF: Valuation Comes Down (Rating Upgrade)

Guggenheim Strategic Opportunities Fund and Gabelli Utility Trust have struggled since our prior coverage. The GOF closed-end fund's valuation has improved but still lacks distribution coverage, making it susceptible to future losses but not enough to warrant a "Sell." A distribution cut for GOF is still an overhanging risk, but after the valuation deflation, the risk should be more muted.

09:31 16 Apr 2024 GOF

My 9% Income Portfolio-Living Off Dividends

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, assuming they are reinvested, plus the change in the NAV of the fund, be it positive or negative. However, managing our portfolio is not only about applying financial rules, because it is not certain that dividends can and will always be reinvested.

12:26 16 Apr 2024 GOF

GOF: Opportunity To Generate High Monthly Income

Guggenheim Strategic Opportunities Fund focuses on generating high yields through fixed-income securities, with limited exposure to equities. GOF has a current dividend yield of over 16% and pays on a monthly basis. There are some concerns over the sustainability of the dividend.

06:45 16 Apr 2024 GOF

GOF: An Unsustainable 16% Yielder

Guggenheim Strategic Opportunities Fund focuses on providing high yield through exposure to private fixed-income securities. The Fund heavily favors fixed-income products over equities to match its objective of delivering high-yielding income. Currently, it provides a very attractive yield of 16%, which in the context of relatively acceptable performance since early 2022 when the Fed started to hike makes a sound investment case.

11:21 16 Apr 2024 GOF

Don't Fall for These 2 Dividend Stocks: Cuts May Be Coming

Declining net asset value and a volatile interest rate environment pressure this fund's distribution. This industrial conglomerate's legal issues are putting extra pressure on its dividend.

GOF Financial details

Company Rating
Buy
Market Cap
1.93B
Income
-76.19M
Revenue
317.25M
Book val./share
12.02
Cash/share
0.12
Dividend
2.19
Dividend %
15.99%
Employees
-
Optionable
No
Shortable
Yes
Earnings
02 Feb 2024
P/E
-86.51
Forward P/E
-
PEG
30.15
P/S
-107.18
P/B
0.97
P/C
115.21
P/FCF
11.15
Quick Ratio
2.64
Current Ratio
2.64
Debt / Equity
0.29
LT Debt / Equity
0.29
-
-
EPS (TTM)
-0.87
EPS next Y
-
EPS next Q
1.34
EPS this Y
-88.52%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
NAN%
Revenue Q/Q
-27.4%
EPS Q/Q
77.42%
-
-
-
-
SMA20
-6.67%
SMA50
-
SMA100
7.69%
Inst Own
16.8%
Inst Trans
1%
ROA
-1%
ROE
-1%
ROC
-0.01%
Gross Margin
100%
Oper. Margin
115%
Profit Margin
115%
Payout
-1308%
Shs Outstand
137.03M
Shs Float
137M
-
-
-
-
Target Price
-
52W Range
10.96-16.76
52W High
-13.59%
52W Low
+38.25%
RSI
39
Rel Volume
1.14
Avg Volume
744.48K
Volume
848.81K
Perf Week
-5.82%
Perf Month
-5.37%
Perf Quarter
14.92%
Perf Half Y
2.41%
-
-
-
-
Beta
0.603508
-
-
Volatility
0.36%, 0.29%
Prev Close
-1.81%
Price
13.825
Change
-1.95%

GOF Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-05-31

Metric History 2019-05-312020-05-312021-05-312022-05-31 2023-05-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.54-0.643.99-1.21-0.12
Net income per share
0.52-0.673.95-1.22-0.14
Operating cash flow per share
0-2.19-9.720.691.15
Free cash flow per share
0-2.19-9.720.691.15
Cash per share
0.040.020.050.040.07
Book value per share
17.9115.2921.9814.3312.35
Tangible book value per share
17.9115.2921.9814.3312.35
Share holders equity per share
17.9115.2921.9814.3312.35
Interest debt per share
0.031.479.434.633.06
Market cap
715.48M699.61M838.51M1.87B1.87B
Enterprise value
715.29M760.63M1.21B2.34B2.21B
P/E ratio
38.66-24.695.31-14.68-113.78
Price to sales ratio
36.94-25.665.27-14.85-130.89
POCF ratio
0-7.53-2.1625.9513.62
PFCF ratio
0-7.53-2.1625.9513.62
P/B Ratio
1.111.080.951.251.27
PTB ratio
1.111.080.951.251.27
EV to sales
36.93-27.897.61-18.62-154.69
Enterprise value over EBITDA
38.65-26.847.57-19.03-134.47
EV to operating cash flow
0-8.19-3.1232.5516.1
EV to free cash flow
0-8.19-3.1232.5516.1
Earnings yield
0.03-0.040.19-0.07-0.01
Free cash flow yield
0-0.13-0.460.040.07
Debt to equity
00.10.430.320.23
Debt to assets
00.080.260.240.19
Net debt to EBITDA
-0.01-2.152.33-3.86-20.69
Current ratio
0.51.151.053.862.64
Interest coverage
155.69-139.3374.27-29.36-0.79
Income quality
03.28-2.46-0.57-8.35
Dividend Yield
00.110.110.080.11
Payout ratio
0-2.710.57-1.22-13.08
Sales general and administrative to revenue
0.04-0.040.01-0.01-0.15
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
14.4215.1644.219.846.19
ROIC
0.03-0.040.13-0.06-0.01
Return on tangible assets
0.03-0.040.11-0.06-0.01
Graham Net
-0.31-1.76-11.74-4.2-2.55
Working capital
-5.7M1.74M5.37M42.89M28.23M
Tangible asset value
641.82M648.89M878.04M1.49B1.47B
Net current asset value
-14.16M-71.62M-441.06M-453.32M-323.56M
Invested capital
00.10.430.320.23
Average receivables
10.21M8.57M61.82M82.46M47.99M
Average payables
16.89M11.66M59.76M61.3M16.1M
Average inventory
14.26M4.23M029.22M54.35M
Days sales outstanding
84.37-169.55254.37-156.66-1.07K
Days payables outstanding
651.7800287.69319.3
Days of inventory on hand
483.12001.12K932.06
Receivables turnover
4.33-2.151.43-2.33-0.34
Payables turnover
0.56001.271.14
Inventory turnover
0.76000.330.39
ROE
0.03-0.040.18-0.09-0.01
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-11-30 for Q2

Metric History 2021-11-302022-05-312022-11-302023-05-31 2023-11-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.380.960.530.760.51
Net income per share
0.04-1.26-0.470.310.55
Operating cash flow per share
0.79-0.250.560.190.41
Free cash flow per share
0.79-0.250.560.190.41
Cash per share
0.060.040.090.070.12
Book value per share
16.4814.3312.9212.3512.02
Tangible book value per share
16.4814.3312.9212.3512.02
Share holders equity per share
16.4814.3312.9212.3512.02
Interest debt per share
6.654.624.2233.62
Market cap
1.79B1.87B1.83B1.87B1.73B
Enterprise value
2.42B2.34B2.29B2.21B2.19B
P/E ratio
112.88-3.56-8.6312.826.06
Price to sales ratio
5018.5930.520.626.23
POCF ratio
23.77-70.8328.9784.1932.53
PFCF ratio
23.77-70.8328.9784.1932.53
P/B Ratio
1.141.251.261.271.11
PTB ratio
1.141.251.261.271.11
EV to sales
67.5523.3138.1424.3433.12
Enterprise value over EBITDA
499.4-18.22-49.4243.8626.22
EV to operating cash flow
32.11-88.8336.2299.541.08
EV to free cash flow
32.11-88.8336.2299.541.08
Earnings yield
0-0.07-0.030.020.04
Free cash flow yield
0.04-0.010.030.010.03
Debt to equity
0.40.320.320.230.29
Debt to assets
0.280.240.230.190.22
Net debt to EBITDA
129.73-3.69-9.96.755.46
Current ratio
0.483.861.132.640
Interest coverage
3.84-43.88-6.853.597.22
Income quality
190.2-1.190.610.75
Dividend Yield
0.030.050.060.060.07
Payout ratio
14.6-0.74-1.973.041.67
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
3.9220.1511.729.2212.19
ROIC
0-0.07-0.020.030.04
Return on tangible assets
0-0.07-0.030.020.03
Graham Net
-7-4.2-3.77-2.55-3.6
Working capital
-30.48M42.89M16.4M28.23M-33.35M
Tangible asset value
1.57B1.49B1.45B1.47B1.56B
Net current asset value
-676.6M-453.32M-462.87M-323.56M-503.85M
Invested capital
0.40.320.320.230.29
Average receivables
66.95M38.43M93.95M87.99M34.51M
Average payables
83.31M37M70.45M71.57M25.28M
Average inventory
14.37M43.59M101.36M97.26M25.13M
Days sales outstanding
57.6248.36201.141.636.81
Days payables outstanding
701.52117.831.17K155.31303.88
Days of inventory on hand
341.61459.341.34K453.370
Receivables turnover
1.561.860.452.162.45
Payables turnover
0.130.760.080.580.3
Inventory turnover
0.260.20.070.20
ROE
0-0.09-0.040.020.05
Capex per share
00000

GOF Frequently Asked Questions

What is Guggenheim Strategic Opportunities Fund stock symbol ?

Guggenheim Strategic Opportunities Fund is a US stock , located in Chicago of Il and trading under the symbol GOF

What is Guggenheim Strategic Opportunities Fund stock quote today ?

Guggenheim Strategic Opportunities Fund stock price is $13.825 today.

Is Guggenheim Strategic Opportunities Fund stock public?

Yes, Guggenheim Strategic Opportunities Fund is a publicly traded company.

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