Guggenheim Funds Announce Joint Annual Meeting for Three Trusts
Ticker: GUG · Form: DEF 14A · Filed: Mar 1, 2024 · CIK: 1864208
| Field | Detail |
|---|---|
| Company | Guggenheim Active Allocation Fund (GUG) |
| Form Type | DEF 14A |
| Filed Date | Mar 1, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Guggenheim Funds, Shareholder Meeting, DEF 14A
Related Tickers: GBAB, GOF, GUG
TL;DR
<b>Three Guggenheim Funds will hold a joint annual meeting of shareholders on April 4, 2024, as detailed in this DEF 14A filing.</b>
AI Summary
Guggenheim Active Allocation Fund (GUG) filed a Proxy Statement (DEF 14A) with the SEC on March 1, 2024. The filing is a Definitive Proxy Statement (DEF 14A) for three Guggenheim Funds. The funds involved are Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), Guggenheim Strategic Opportunities Fund (GOF), and Guggenheim Active Allocation Fund (GUG). The joint annual meeting of shareholders is scheduled for April 4, 2024. The filing is made by the Registrant, indicating the funds themselves are filing the proxy statement. No filing fee was required for this submission.
Why It Matters
For investors and stakeholders tracking Guggenheim Active Allocation Fund, this filing contains several important signals. This filing provides shareholders with crucial information regarding the annual meeting, including voting matters and fund performance, enabling informed participation. The joint nature of the meeting suggests potential consolidation or shared governance strategies among these Guggenheim trusts, which could impact operational efficiencies and shareholder value.
Risk Assessment
Risk Level: low — Guggenheim Active Allocation Fund shows low risk based on this filing. The filing is a standard proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Shareholders should review the proxy materials to understand the proposals being voted on and to exercise their voting rights at the April 4, 2024 meeting.
Key Numbers
- 2024-04-04 — Annual Meeting Date (Joint annual meeting of shareholders)
- DEF 14A — Filing Type (Schedule 14A Proxy Statement)
- 0001821268-24-000039 — Accession Number (SEC filing accession number)
Key Players & Entities
- Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (company) — Registrant
- Guggenheim Strategic Opportunities Fund (company) — Registrant
- Guggenheim Active Allocation Fund (company) — Registrant
- GBAB (company) — Ticker symbol for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
- GOF (company) — Ticker symbol for Guggenheim Strategic Opportunities Fund
- GUG (company) — Ticker symbol for Guggenheim Active Allocation Fund
- 2024-04-04 (date) — Date of the joint annual meeting of shareholders
- 2024-03-01 (date) — Filing date
FAQ
When did Guggenheim Active Allocation Fund file this DEF 14A?
Guggenheim Active Allocation Fund filed this Proxy Statement (DEF 14A) with the SEC on March 1, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Guggenheim Active Allocation Fund (GUG).
Where can I read the original DEF 14A filing from Guggenheim Active Allocation Fund?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Guggenheim Active Allocation Fund.
What are the key takeaways from Guggenheim Active Allocation Fund's DEF 14A?
Guggenheim Active Allocation Fund filed this DEF 14A on March 1, 2024. Key takeaways: The filing is a Definitive Proxy Statement (DEF 14A) for three Guggenheim Funds.. The funds involved are Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), Guggenheim Strategic Opportunities Fund (GOF), and Guggenheim Active Allocation Fund (GUG).. The joint annual meeting of shareholders is scheduled for April 4, 2024..
Is Guggenheim Active Allocation Fund a risky investment based on this filing?
Based on this DEF 14A, Guggenheim Active Allocation Fund presents a relatively low-risk profile. The filing is a standard proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading Guggenheim Active Allocation Fund's DEF 14A?
Shareholders should review the proxy materials to understand the proposals being voted on and to exercise their voting rights at the April 4, 2024 meeting. The overall sentiment from this filing is neutral.
How does Guggenheim Active Allocation Fund compare to its industry peers?
The filing pertains to closed-end investment funds, which are publicly traded investment companies that issue a fixed number of shares.
Are there regulatory concerns for Guggenheim Active Allocation Fund?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
The filing pertains to closed-end investment funds, which are publicly traded investment companies that issue a fixed number of shares.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for details on proposals and voting procedures.
- Exercise voting rights for the annual meeting on April 4, 2024.
- Monitor future filings for any changes in fund strategy or governance.
Key Dates
- 2024-04-04: Joint Annual Meeting of Shareholders — Shareholders will vote on matters presented in the proxy statement.
- 2024-03-01: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.
Year-Over-Year Comparison
This is the initial filing for the 2024 annual meeting; no prior filing for this specific meeting is referenced.
Filing Stats: 4,450 words · 18 min read · ~15 pages · Grade level 11.4 · Accepted 2024-03-01 16:19:57
Filing Documents
- gug87110.htm (DEF 14A) — 572KB
- image_001.gif (GRAPHIC) — 2KB
- image_002.gif (GRAPHIC) — 2KB
- image_003.gif (GRAPHIC) — 2KB
- proxycardsx1x1.gif (GRAPHIC) — 1KB
- proxycardsx1x2.gif (GRAPHIC) — 1KB
- proxycardsx1x3.gif (GRAPHIC) — 1KB
- proxycardsx1x4.gif (GRAPHIC) — 1KB
- proxycardsx1x5.gif (GRAPHIC) — 1KB
- 0001821268-24-000039.txt ( ) — 590KB
From the Filing
DEF 14A 1 gug87110.htm GBAB GOF GUG UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to §240.14a-12 GUGGENHEIM TAXABLE MUNICIPAL BOND & INVESTMENT GRADE DEBT TRUST (NYSE: GBAB) GUGGENHEIM STRATEGIC OPPORTUNITIES FUND (NYSE: GOF) GUGGENHEIM ACTIVE ALLOCATION FUND (NYSE: GUG) (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 GUGGENHEIM TAXABLE MUNICIPAL BOND & INVESTMENT GRADE DEBT TRUST (NYSE: GBAB) GUGGENHEIM STRATEGIC OPPORTUNITIES FUND (NYSE: GOF) GUGGENHEIM ACTIVE ALLOCATION FUND (NYSE: GUG) 227 West Monroe Street, 7th Floor Chicago, Illinois 60606 NOTICE OF JOINT ANNUAL MEETING OF SHAREHOLDERS To be held on April 4, 2024 Notice is hereby given to the holders of common shares of beneficial interest (“Shares”) of each of Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (“GBAB”), Guggenheim Strategic Opportunities Fund (“GOF”) and Guggenheim Active Allocation Fund (“GUG”) (GBAB, GOF and GUG are each referred to herein as a “Fund” and collectively as the “Funds”) that the joint annual meeting of shareholders of the Funds (the “Annual Meeting”) will be held in a virtual meeting format only, on Thursday, April 4, 2024, at 10:00 a.m. (Central time). The Annual Meeting is being held for the following purposes: 1. To elect Trustees in the following manner: (a) With respect to GBAB and GUG only: (i) To elect, as Class II Trustees, the Trustee nominees (Mr. Thomas F. Lydon, Jr. and Mr. Ronald A. Nyberg) to serve until each Fund’s 2027 annual meeting of shareholders or until their respective successors shall have been elected and qualified. (b) With respect to GOF only: (i) To elect, as Class I Trustees, the Trustee nominees (Mr. Randall C. Barnes, Ms. Angela Brock-Kyle, and Ms. Amy J. Lee) to serve until the Fund’s 2026 annual meeting of shareholders or until their respective successors shall have been elected and qualified. 2. To transact such other business as may properly come before the Annual Meeting or any adjournments, postponements, or delays thereof. THE BOARD OF TRUSTEES (THE “BOARD”) OF EACH FUND UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” EACH OF THE NOMINEES FOR THE BOARD OF YOUR FUND LISTED IN THE ACCOMPANYING PROXY Further information regarding the purpose of the Annual Meeting is included in the accompanying Proxy Statement dated March 1, 2024. The Annual Meeting will be held in a virtual meeting format only. Shareholders of record on the Record Date (as defined below) for the Annual Meeting may participate in and vote at the Annual Meeting on the Internet by virtual means. To participate in the Annual Meeting, shareholders must register in advance by visiting https://www.viewproxy.com/Guggenheim/broadridgevsm/ and submitting the requested required information to Broadridge Financial Solutions, Inc. (“Broadridge”), the Funds’ proxy tabulator. Only shareholders of record at the close of business on February 16, 2024 (the “Record Date”) are entitled to notice of, and to vote at, the Annual Meeting or any adjournments, postponements, or delays thereof. Proxies are being solicited on behalf of the Board of each Fund. Shareholders whose shares are registered directly with a Fund in the shareholder’s name will be asked to submit their name and control number found on the shareholder’s proxy card in order to register to participate in and vote at the Annual Meeting. Shareholders whose shares are held by a broker, bank or other nominee must first obtain a “legal proxy” from the applicable nominee/record holder, who will then provide the shareholder with a newly-issued control number. We note that obtaining a legal proxy may take several days. Requests for registration should be received no later than 2:00 p.m., Central Time, on Wednesday, March 27, 2024, but in any event must be received by the scheduled time for commencement of the Annual Meeting, as indicated above. Once shareholders have obtained a new control number, they must visit https://www.viewproxy.com/Guggenheim/broadridgevsm/ and submit their name and newly issued control number in order to register t