Guggenheim Enhanced Equity Income Fund (f/k/a Old Mutual/cla (GPM): Ronald E Jr Toupin , director other of Guggenheim Enhanced Equity Income Fund (f/k/a Old Mutual/cla purchased 400 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 $7.45 per share for a total value of $2,981.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 11, 2016, Ronald E Jr Toupin (director other) purchased 250 shares at $7.00 per share price.On Jun 29, 2015, Donald A. Jr. Chubb (director other) purchased 500 shares at $8.53 per share price.
Guggenheim Enhanced Equity Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income and gains with a secondary objective of long-term capital appreciation. Normally the Fund invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in equity securities. The Fund has the ability to write call options on the exchange traded funds (ETFs) or on indices that the ETFs track. The Fund seeks to earn income and gains through underlying equity security performance dividends paid on securities owned by the Fund and cash premiums received from selling (writing) covered call options. Guggenheim Funds Investment Advisors LLC serves as the Fund’s investment adviser and Guggenheim Partners Investment Management LLC serves as the Fund’s investment sub-adviser.