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Guggenheim Enhanced Equityome Fund (Guggenheim Enhanced Equityome Fund) Intangible Assets : $0.0 Mil (As of Jun. 2021)


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What is Guggenheim Enhanced Equityome Fund Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Guggenheim Enhanced Equityome Fund's intangible assets for the quarter that ended in Jun. 2021 was $0.0 Mil.

Guggenheim Enhanced Equityome Fund Intangible Assets Historical Data

The historical data trend for Guggenheim Enhanced Equityome Fund's Intangible Assets can be seen below:

* 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.

* Premium members only.

Guggenheim Enhanced Equityome Fund Intangible Assets Chart

Guggenheim Enhanced Equityome Fund Annual Data
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Intangible Assets
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Guggenheim Enhanced Equityome Fund Semi-Annual Data
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Guggenheim Enhanced Equityome Fund Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Guggenheim Enhanced Equityome Fund  (NYSE:GPM) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Guggenheim Enhanced Equityome Fund Intangible Assets Related Terms

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Guggenheim Enhanced Equityome Fund (Guggenheim Enhanced Equityome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Enhanced Equity Income Fund (NYSE:GPM) » Definitions » Intangible Assets
Comparable Companies
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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 Enhanced Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek a high level of current income and gains with a secondary objective of long-term capital appreciation. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities.
Executives
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Lydon Thomas F Jr director, other: Trustee
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
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
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Scott A Hammond other: Portfolio Manager 227 W. MONROE STREET CHICAGO IL 60606
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Qi Yan other: Portfolio Manager 100 WILSHIRE BOULEVARD SANTA MONICA CA 90401
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606