Guggenheim Active Allocation Fund Enters Oversold Territory, Divergence from Dividend Channel Coverage Universe

Guggenheim Active Allocation Fund (GUG) has entered oversold territory with an RSI reading of 28.8, which suggests that the recent heavy selling may be exhausting itself. The stock's annualized dividend of 1.425/share provides a 9.41% yield based on the recent share price of $15.15. Dividend investors should investigate the stock's dividend history to determine if the most recent dividend is likely to continue.