Guggenheim Enhanced Equity Income Fund (N:GPM)

Sector:  Financials Industry:  Closed End Funds
 
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Company Contact
Address: 227 W Monroe St
CHICAGO IL 60606-5055
Tel: N/A
Website: https://www.guggenheiminvestments.com/cef/fund/gpm
IR: See website
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Key People
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Business Overview
Guggenheim Enhanced Equity Income Fund is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund seeks to achieve its investment objective by obtaining exposure to the equity markets and utilizing a covered call strategy, which will follow a rules-based methodology. The Fund may seek to obtain exposure to equity markets through investments in exchange-traded funds (ETFs) or other investment funds that track equity market indices, through investments in individual equity securities, and/or through derivative instruments that replicate the economic characteristics of exposure to equity securities or markets. Guggenheim Funds Investment Advisors, LLC serves as the investment advisor to the Fund. Guggenheim Partners Investment Management, LLC serves as the Fund's investment sub-advisor.
Financial Overview
For the fiscal year ended 31 December 2019, Guggenheim Enhanced Equity Income Fund revenues decreased 1% to $10.2M. Net income totaled $93.8M vs. loss of $51.2M. Revenues reflect Dividends decrease of 1% to $9.9M, Interest decrease of 11% to $232K. Net Income reflects Net change in unrealized appreciation (d increase from $94.7M (expense) to $96.9M (income).
Reporting Currency: U.S. Dollars
Enterprise value: $425.14M as of Dec 31, 2019
Annual revenue (TTM): $10.18M as of Dec 31, 2019
EBITDA (TTM): -$0.09M as of Dec 31, 2019
Net annual income (TTM): $93.82M as of Dec 31, 2019
Free cash flow (TTM): -$26.28M as of Dec 31, 2019
Net Debt Last Fiscal Year: $174.24M as of Dec 31, 2019
Shares outstanding: 48,342,588 as of Feb 25, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization