Guggenheim Enhanced Equity Income Fund. (GPM) : Blue Bell Private Wealth Management reduced its stake in Guggenheim Enhanced Equity Income Fund. by 38.96% during the most recent quarter end. The investment management company now holds a total of 185,309 shares of Guggenheim Enhanced Equity Income Fund. which is valued at $1,436,145 after selling 118,265 shares in Guggenheim Enhanced Equity Income Fund. , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Guggenheim Enhanced Equity Income Fund. makes up approximately 0.85% of Blue Bell Private Wealth Management’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc reduced its stake in GPM by selling 1,750 shares or 28.23% in the most recent quarter. The Hedge Fund company now holds 4,450 shares of GPM which is valued at $34,310.Creative Planning boosted its stake in GPM in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 7,500 shares of Guggenheim Enhanced Equity Income Fund. which is valued at $58,350.
Guggenheim Enhanced Equity Income Fund (the 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. Normally the Fund invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in equity securities. The Fund has the ability to write call options on the exchange traded funds (ETFs) or on indices that the ETFs track. The Fund seeks to earn income and gains through underlying equity security performance dividends paid on securities owned by the Fund and cash premiums received from selling (writing) covered call options. Guggenheim Funds Investment Advisors LLC serves as the Fund’s investment adviser and Guggenheim Partners Investment Management LLC serves as the Fund’s investment sub-adviser.