GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Active Allocation Fund (NYSE:GUG) » Definitions » Long-Term Capital Lease Obligation

GUG (Guggenheim Active Allocation Fund) Long-Term Capital Lease Obligation : $0.00 Mil (As of Nov. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Guggenheim Active Allocation Fund Long-Term Capital Lease Obligation?

Guggenheim Active Allocation Fund's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.00 Mil.

Guggenheim Active Allocation Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for Guggenheim Active Allocation Fund's Long-Term Capital Lease Obligation 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 Active Allocation Fund Long-Term Capital Lease Obligation Chart

Guggenheim Active Allocation Fund Annual Data
Trend May22 May23 May24
Long-Term Capital Lease Obligation
- - -

Guggenheim Active Allocation Fund Semi-Annual Data
May22 Nov22 May23 Nov23 May24 Nov24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Guggenheim Active Allocation Fund  (NYSE:GUG) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Guggenheim Active Allocation Fund Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Guggenheim Active Allocation Fund's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Guggenheim Active Allocation Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Guggenheim Active Allocation Fund (NYSE:GUG) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
KIO PML CION VKQ IQI DIAX AVK DXYZ NML GUT BLK KKR BX TSX:BAM OSTO:INVE A TSX:BN APO LSE:III AMP ARES
Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Website
https://www.guggenheiminvestments.com
Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The company invests in both fixed-income and other debt instruments selected from a variety of sectors and credit qualities, and may also invest in equities. It uses tactical asset allocation models to determine the optimal allocation of its assets between fixed-income and equity securities. A majority of its investments are made in corporate bonds and the rest in senior floating rate interests, asset-backed securities, preferred stocks, and other securities.
Executives
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
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
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
B. Scott Minerd other: Chief Inv. Officer of Adviser 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Guggenheim Funds Investment Advisors, Llc other: Investment Adviser 227 WEST MONROE STREET, CHICAGO IL 60606
Guggenheim Partners Investment Management, Llc other: Investment Adviser Affiliate 100 WILSHIRE BOULEVARD, 5TH FLOOR, SANTA MONICA CA 90401
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
Anne Bookwalter Walsh other: Managing Dir. to Subadvisor 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Bryan Stone officer: Vice President 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Steven H. Brown other: Portfolio Manager 227 WEST MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

Guggenheim Active Allocation Fund Headlines

From GuruFocus

Morgan Stanley's Strategic Acquisition of Guggenheim Active Allocation Fund Shares

By GuruFocus News • 02-04-2025

Insider Buying: Ronald Nyberg Acquires Additional Shares of Guggenheim Active Allocation Fund (GUG)

By GuruFocus News • 05-08-2025