What is Guggenheim Strategic Opportunities Fund Financial Strength?
Guggenheim Strategic Opportunities Fund has the Financial Strength Rank of 4.
Warning Sign:
Guggenheim Strategic Opportunities Fund displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Guggenheim Strategic Opportunities Fund's interest coverage with the available data.
Guggenheim Strategic Opportunities Fund's debt to revenue ratio for the quarter that ended in Nov. 2023 was 3.16.
Altman Z-Score does not apply to banks and insurance companies.
Guggenheim Strategic Opportunities Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Guggenheim Strategic Opportunities Fund's Interest Expense for the
months ended in Nov. 2023 was $-11.5 Mil. Its Operating Income for the
months ended in Nov. 2023 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $458.0 Mil.
Guggenheim Strategic Opportunities Fund's Interest Coverage for the quarter that ended in Nov. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Guggenheim Strategic Opportunities Fund's Debt to Revenue Ratio for the quarter that ended in Nov. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Business Description
Traded in Other Exchanges
N/A
Address
227 West Monroe Street, 7th Floor, Chicago, IL, USA, 60606
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
Executives
| 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 |
| Toupin Ronald E Jr |
director, other: Trustee |
117 ASHLAND AVENUE, RIVER FOREST IL 60305 |
| Hollowell Iii Orenzo Perry |
other: Portfolio Manager |
330 MADISON AVENUE, NEW YORK NY 10017 |
| William Rehder |
officer: Assistant Vice President |
227 W MONROE STREET, CHICAGO IL 60606 |
| Lydon Thomas F Jr |
director, other: Trustee |
|
| Sandra G Sponem |
director, other: Trustee |
800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020 |
| Evan Loring Serdensky |
other: Portfolio Manager |
227 WEST MONROE STREET, CHICAGO IL 60606 |
| B. Scott Minerd |
other: Chief Investment Officer |
2455 CORPORATE WEST DRIVE, LISLE IL 60532 |
| Roman Iii Friedrich |
director, other: Trustee and Chairman |
920-800 WEST PENDER STREET, VANCOUVER A1 V6C 2V6 |
| Maynard F. Oliverius |
director, other: Trustee |
2455 CORPORATE WEST DRIVE, LISLE IL 60532 |
| Jon Szafran |
officer: Assistant Treasurer |
227 W. MONROE STREET, CHICAGO IL 60606 |
| Adam Bloch |
other: portfolio manager |
2455 CORPORATE WEST DRIVE, LISLE IL 60532 |
| Brian E. Binder |
officer: President and CEO |
C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752 |
| Keith David Kemp |
officer: Assistant Treasurer |
MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019 |
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