FMP
NYSE
Guggenheim Credit Allocation Fund is a diversified, closed-end management investment company. The Fund's investment objective is to seek total return through a combination of current income and capital appreciation. It invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities, debt securities, loans and investments with economic characteristics similar to fixed-income securities, debt securities and loans. It invests in various credit securities, such as corporate bonds, loans and loan participations, asset-backed securities, mortgage-backed securities, the United States Government and agency securities, mezzanine and preferred securities, convertible securities, municipal securities and sovereign government and supranational debt securities. Its investment portfolio includes high yield corporate bonds, bank loans and asset-backed securities. Its investment advisor is Guggenheim Funds Investment Advisors, LLC.
28.28 USD
-0.1844 (-0.652%)
EBIT (Operating profit)(Operating income)(Operating earning) = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) EBIT = (1*) (2*) -> operating process (leverage -> interest -> EBT -> tax -> net Income) EBITDA = GROSS MARGIN (REVENUE - COGS) - OPERATING EXPENSES (R&D, RENT) + Depreciation + amortization EBITA = (1*) (2*) (3*) (4*) company's CURRENT operating profitability (i.e., how much profit it makes with its present assets and its operations on the products it produces and sells, as well as providing a proxy for cash flow) -> performance of a company (1*) discounting the effects of interest payments from different forms of financing (by ignoring interest payments), (2*) political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill) (3*) collections of assets (by ignoring depreciation of assets) (4*) different takeover histories (by ignoring amortization often stemming from goodwill)