Guggenheim Active Allocation Fund's quarterly market cap
increased
from May. 2023 ($448.86 Mil) to Nov. 2023 ($453.15 Mil) and
increased
from Nov. 2023 ($453.15 Mil) to May. 2024 ($495.36 Mil).
Guggenheim Active Allocation Fund's annual market cap
declined
from May. 2022 ($525.70 Mil) to May. 2023 ($448.86 Mil) but then
increased
from May. 2023 ($448.86 Mil) to May. 2024 ($495.36 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Guggenheim Active Allocation Fund's Enterprise Value for Today is $682.05 Mil.
Guggenheim Active Allocation Fund Market Cap Historical Data
* 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 Market Cap Chart
Guggenheim Active Allocation Fund Annual Data
Trend
May22
May23
May24
Market Cap
525.70
448.86
495.36
Guggenheim Active Allocation Fund Semi-Annual Data
May22
Nov22
May23
Nov23
May24
Market Cap
525.70
462.38
448.86
453.15
495.36
Competitive Comparison of Guggenheim Active Allocation Fund's Market Cap
For the Asset Management subindustry, Guggenheim Active Allocation Fund's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Guggenheim Active Allocation Fund's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Guggenheim Active Allocation Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Guggenheim Active Allocation Fund's Market Cap falls into.
Guggenheim Active Allocation Fund Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 Active Allocation Fund (NYSE:GUG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Guggenheim Active Allocation Fund Market Cap Related Terms
Thank you for viewing the detailed overview of Guggenheim Active Allocation Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Guggenheim Active Allocation Fund Business Description
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.
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