Guggenheim Equal Weight Enhanced Equity Income Fund (GEQ): Ronald E Jr Toupin , director other of Guggenheim Equal Weight Enhanced Equity Income Fund purchased 200 shares on Jul 5, 2016. The Insider buying transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.53 per share for a total value of $3,305.16 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Nikolaos Bonos (other) sold 100 shares at $16.50 per share price.On Jan 11, 2016, Ronald E Jr Toupin (director other) purchased 120 shares at $15.36 per share price.Also, On Jun 29, 2015, Donald A. Jr. Chubb (director other) purchased 1,000 shares at $18.78 per share price.On Mar 3, 2015, Maynard F. Oliverius (director other) purchased 5,000 shares at $19.90 per share price.
Guggenheim Equal Weight Enhanced Equity Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide a high level of risk-adjusted total return with an emphasis on current income. Normally the Fund invests substantially all of its managed assets in a portfolio of common stocks included in the S&P 500 Equal Weight Index in equal weight and/or other securities or financial instruments that are intended to correlate with or replicate exposure to the Index. In addition the Fund utilizes a call option writing strategy to seek to generate current income and potentially mitigate overall portfolio volatility. Guggenheim Funds Investment Advisors LLC is the Fund’s investment adviser.