During the past 12 months, Guggenheim Strategic Opportunities Fund's average Total Assets Growth Rate was 0.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 35.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 33.00% per year.
During the past 7 years, Guggenheim Strategic Opportunities Fund's highest 3-Year average Total Assets Growth Rate was 44.70%. The lowest was 11.10%. And the median was 36.50%.
* 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.
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Guggenheim Strategic Opportunities Fund Total Assets Chart
Guggenheim Strategic Opportunities Fund Annual Data
Guggenheim Strategic Opportunities Fund Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
* 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) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Nov. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Guggenheim Strategic Opportunities Fund's Asset Turnover for the quarter that ended in Nov. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Guggenheim Strategic Opportunities Fund Total Assets Related Terms
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Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Business Description
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.
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