Guggenheim Strategic Opportunities Fund (NYSE: GOF)

This investigation is for anyone who acquired securities in Guggenheim Strategic Opportunities Fund (NYSE: GOF) prior to August 20, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company was paying dividends through fund assets when the Company was actually paying dividends by the CEO using funds from his other investments.

On August 20, 2026 The Bear Cave published a report alleging, among other things, that Guggenheim Strategic Opportunities Fund monthly distribution of $0.18/share, over 20% annualized on Net Asset Value, is funded in large part by selling new shares at a premium to NAV rather than by portfolio earnings alone. However, the Company’s premium to NAV has now compressed to a discount, in part because of a federal investigation into Guggenheim’s CEO, Mark Walters. The report notes “[t]he FBI has seized his devices” and has “been investigating Walter’s asset management arm and two insurers he owns,” including a recent “grand jury subpoena [of] those insurers over whether billions of dollars of their holdings had gone to Walter’s other companies.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Guggenheim Strategic Opportunities Fund (NYSE: GOF) prior to August 20, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.