Business & Finance
Business and Finance
Business and Finance
Tue, August 2, 2011
Mon, August 1, 2011 
LISLE, Ill.--([ BUSINESS WIRE ])--(NYSE: [ GGE ]) [ Guggenheim Enhanced Equity Strategy Fund ] (the aFunda) a closed-end management investment company, announces that it is increasing its quarterly dividend to $0.3125 per share, effective with its August 2011 dividend. The increased dividend compares to $0.1250 per share for the Funda™s most recent dividend, paid on May 31, 2011.
Since it was announced on March 14, 2011, that Guggenheim Partners Asset Management, LLC (aGPAMa) was to be appointed interim investment sub-adviser (for a period of up to 150 days from May 16, 2011, or until shareholders have approved a new investment sub-advisory agreement with GPAM, whichever comes first), the Funda™s discount has narrowed by 679 basis points. Guggenheim Funds Investment Advisors, LLC, the Funda™s investment adviser, believes that the demonstrated track record and reputation of GPAM, combined with the increased distribution rate, may help to continue narrowing the Funda™s discount to net asset value and further enhance shareholder value.
The August 2011 dividend will be paid on August 31, 2011, to shareholders of record as of August 15, 2011, with an ex-dividend date of August 11, 2011. For additional commentary, news, portfolio holdings and other regularly updated information, please visit the Funda™s website at [ www.guggenheimfunds.com/GGE ].
Past performance is not indicative of future performance. If it is determined that a notification is required, pursuant to Section 19(a) of the Investment Company Act of 1940, as amended, such notice will be posted to such Funda™s website after the close of business three business days prior to the payable date. If a distribution rate is largely comprised of sources other than income, it may not be reflective of that Funda™s performance.
Guggenheim Funds Distributors, Inc. and its affiliates, including Guggenheim Funds Investment Advisors, LLC, the Funda™s investment adviser, (together, aGuggenheim Fundsa) offer strategic investment solutions for financial advisors and their valued clients. As an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), Guggenheim Funds often leads its peers with creative investment strategy solutions. Guggenheim Funds provides supervision, management or servicing of assets with a commitment to consistently delivering exceptional service.
Guggenheim Partners Asset Management, LLC (aGPAMa), the Funda™s interim investment sub-adviser, is an investment manager specializing in innovative investment strategies that aim to add incremental returns relative to benchmarks in both up and down markets. GPAM's investment philosophy is predicated upon the belief that thorough research and independent thought are rewarded with performance that has the potential to outperform benchmark indices with both lower volatility and lower correlation of returns over time as compared to such benchmark indices.
Guggenheim Funds and GPAM are indirect subsidiaries of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $100 billion in assets under management and supervision. Guggenheim Partners, LLC, through its affiliates, provides investment management, investment advisory, insurance, investment banking, and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe, and Asia.
There can be no assurance that the Fund will achieve its investment objectives. The net asset value of the Fund will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance. An investment in the Fund is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to: Equity Securities and Related Market Risk, Other Investment Companies Risk, Options Risk, Other Derivatives Risk, Counterparty Risk, Medium and Smaller Company Risk, Financial Leverage Risk, Foreign Investment Risk, Inflation/Deflation Risk, Management Risk, Portfolio Turnover Risk, Recent Market Developments Risk, Government Intervention in Financial Markets Risk, Legislation Risk, Market Disruption and Geopolitical Risk and Anti-Takeover Provisions Risk.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the Fund carefully before they invest. For this and more information, please contact a securities representative or Guggenheim Funds Distributors, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.
Member FINRA/SIPC (8/11)
NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE
