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GOF (Guggenheim Strategic Opportunities Fund) Net Margin % : 99.11% (As of May. 2024)


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What is Guggenheim Strategic Opportunities Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Guggenheim Strategic Opportunities Fund's Net Income for the six months ended in May. 2024 was $116.8 Mil. Guggenheim Strategic Opportunities Fund's Revenue for the six months ended in May. 2024 was $117.9 Mil. Therefore, Guggenheim Strategic Opportunities Fund's net margin for the quarter that ended in May. 2024 was 99.11%.

The historical rank and industry rank for Guggenheim Strategic Opportunities Fund's Net Margin % or its related term are showing as below:

GOF' s Net Margin % Range Over the Past 10 Years
Min: 95.55   Med: 99.06   Max: 115.04
Current: 98.83


GOF's Net Margin % is ranked better than
77.12% of 1643 companies
in the Asset Management industry
Industry Median: 87.84 vs GOF: 98.83

Guggenheim Strategic Opportunities Fund Net Margin % Historical Data

The historical data trend for Guggenheim Strategic Opportunities Fund's Net Margin % 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 Strategic Opportunities Fund Net Margin % Chart

Guggenheim Strategic Opportunities Fund Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
Net Margin %
Get a 7-Day Free Trial 103.91 99.09 101.16 115.04 98.83

Guggenheim Strategic Opportunities Fund Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.57 101.64 96.57 98.38 99.11

Competitive Comparison of Guggenheim Strategic Opportunities Fund's Net Margin %

For the Asset Management subindustry, Guggenheim Strategic Opportunities Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Strategic Opportunities Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Guggenheim Strategic Opportunities Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Guggenheim Strategic Opportunities Fund's Net Margin % falls into.



Guggenheim Strategic Opportunities Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Guggenheim Strategic Opportunities Fund's Net Margin for the fiscal year that ended in May. 2024 is calculated as

Net Margin=Net Income (A: May. 2024 )/Revenue (A: May. 2024 )
=188.182/190.414
=98.83 %

Guggenheim Strategic Opportunities Fund's Net Margin for the quarter that ended in May. 2024 is calculated as

Net Margin=Net Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=116.805/117.859
=99.11 %

* 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 Strategic Opportunities Fund  (NYSE:GOF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Guggenheim Strategic Opportunities Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Guggenheim Strategic Opportunities Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Guggenheim Strategic Opportunities Fund Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
Executives
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Hollowell Iii Orenzo Perry other: Portfolio Manager 330 MADISON AVENUE, NEW YORK NY 10017
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Lydon Thomas F Jr director, other: Trustee
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Evan Loring Serdensky other: Portfolio Manager 227 WEST MONROE STREET, CHICAGO IL 60606
B. Scott Minerd other: Chief Investment Officer 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Roman Iii Friedrich director, other: Trustee and Chairman 920-800 WEST PENDER STREET, VANCOUVER A1 V6C 2V6
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
Adam Bloch other: portfolio manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019