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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Guggenheim Active Allocation Fund's average diluted shares outstanding for the quarter that ended in May. 2026 was 32.98 Mil.
Guggenheim Active Allocation Fund (NYSE:GUG) Shares Outstanding (Diluted Average) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Guggenheim Active Allocation Fund Shares Outstanding (Diluted Average) Related Terms
Guggenheim Active Allocation Fund Shares Outstanding (Diluted Average) 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.
Guggenheim Active Allocation Fund Shares Outstanding (Diluted Average) Chart
Guggenheim Active Allocation Fund Annual Data
Trend
May22
May23
May24
May25
May26
Shares Outstanding (Diluted Average)
0.00
33.89
32.81
32.82
33.01
Guggenheim Active Allocation Fund Semi-Annual Data
Guggenheim Active Allocation Fund Shares Outstanding (Diluted Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Diluted Average) of 32.98 Mil mean?
Guggenheim Active Allocation Fund (GUG) has a Shares Outstanding (Diluted Average) of 32.98 Mil as of May. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Guggenheim Active Allocation Fund and its competitors.
Is Guggenheim Active Allocation Fund's Shares Outstanding (Diluted Average) too high?
Guggenheim Active Allocation Fund's current Shares Outstanding (Diluted Average) is 32.98 Mil. Overall, Guggenheim Active Allocation Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Guggenheim Active Allocation Fund's Shares Outstanding (Diluted Average) compare to WIW and BGY?
Guggenheim Active Allocation Fund's Shares Outstanding (Diluted Average) of 32.98 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for an Asset Management company?
A good Shares Outstanding (Diluted Average) depends on the Asset Management industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Guggenheim Active Allocation Fund and its competitors. Guggenheim Active Allocation Fund's current Shares Outstanding (Diluted Average) is 32.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guggenheim Active Allocation Fund stock overvalued right now?
Guggenheim Active Allocation Fund (GUG) has a current Shares Outstanding (Diluted Average) of 32.98 Mil. The current Shares Outstanding (Diluted Average) is 32.98 Mil. Guggenheim Active Allocation Fund's overall GF Score™ is 30/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Guggenheim Active Allocation Fund (GUG), the current Shares Outstanding (Diluted Average) is 32.98 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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.
30GF Score
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