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GUG (Guggenheim Active Allocation Fund) Scaled Net Operating Assets : 1.06 (As of Nov. 2024)


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What is Guggenheim Active Allocation Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Guggenheim Active Allocation Fund's operating assets for the quarter that ended in Nov. 2024 was $795.52 Mil. Guggenheim Active Allocation Fund's operating liabilities for the quarter that ended in Nov. 2024 was $22.99 Mil. Guggenheim Active Allocation Fund's Total Assets for the quarter that ended in May. 2024 was $730.57 Mil. Therefore, Guggenheim Active Allocation Fund's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 1.06.

Guggenheim Active Allocation Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Guggenheim Active Allocation Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2024 )
=(Operating Assets (A: May. 2024 )-Operating Liabilities (A: May. 2024 ))/Total Assets (A: May. 2023 )
=(730.391-20.704)/723.332
=0.98

where

Operating Assets(A: May. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=730.569 - 0.178
=730.391

Operating Liabilities(A: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=187.125 - 166.421 - 0
=20.704

Guggenheim Active Allocation Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: May. 2024 )
=(795.517-22.994)/730.569
=1.06

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=797.787 - 2.27
=795.517

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=236.742 - 213.748 - 0
=22.994

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Guggenheim Active Allocation Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Active Allocation Fund (NYSE:GUG) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Website
https://www.guggenheiminvestments.com
Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The company invests in both fixed-income and other debt instruments selected from a variety of sectors and credit qualities, and may also invest in equities. It uses tactical asset allocation models to determine the optimal allocation of its assets between fixed-income and equity securities. A majority of its investments are made in corporate bonds and the rest in senior floating rate interests, asset-backed securities, preferred stocks, and other securities.
Executives
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
B. Scott Minerd other: Chief Inv. Officer of Adviser 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Guggenheim Funds Investment Advisors, Llc other: Investment Adviser 227 WEST MONROE STREET, CHICAGO IL 60606
Guggenheim Partners Investment Management, Llc other: Investment Adviser Affiliate 100 WILSHIRE BOULEVARD, 5TH FLOOR, SANTA MONICA CA 90401
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
Anne Bookwalter Walsh other: Managing Dir. to Subadvisor 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Bryan Stone officer: Vice President 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Steven H. Brown other: Portfolio Manager 227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532