| Guggenheim Credit Allocation Fund is a closed-end management investment company. The Fund's investment objective is to seek total return through a combination of current income and capital appreciation. We show 1 historical shares outstanding datapoints in our coverage of GGM's shares outstanding history.|
Understanding the changing numbers of GGM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GGM versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching GGM by allowing them to research GGM shares outstanding history
as well as any other stock in our coverage universe.