GGM

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5to9
Posts: 192
Joined: Mon Sep 30, 2013 2:32 pm

GGM

Post by 5to9 »

I got a recommendation today from someone who usually is well-informed that GGM is a good buy right now:

https://www.google.com/finance?q=NYSE%3AGGM

For the life of me, I can't figure out anything about what this is. Other than that fact that it has a yield of 8%, the rest of it goes right over my head. Normally I just ignore investment advice like this, but I thought it might be a good opportunity to learn something. Does anyone here know what a diversified, closed-end management investment company is?

ICouldBeTheWalrus
Posts: 130
Joined: Tue May 31, 2011 3:00 am

Re: GGM

Post by ICouldBeTheWalrus »


5to9
Posts: 192
Joined: Mon Sep 30, 2013 2:32 pm

Re: GGM

Post by 5to9 »

Good place to start, thanks! Next question, is how do I find out what assets this fund holds? I can see that they have a 9.3% discount to NAV right now, which definitely makes me curious. However, I can't find this fund's prospectus anywhere on the Guggenheim site.

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