GGM Market Cap History
Below is a table of the GGM market cap history going back to 8/5/2019:

Date GGM Market Cap
8/5/20191.80B

Also see: GGM Shares Outstanding History
and GGM YTD Return
Mouse over chart for data details
8/5/2019
Guggenheim Credit Allocation Fund is a closed-end management investment company. The Fund's investment objective is to seek total return through a combination of current income and capital appreciation. We show 1 historical shares outstanding datapoints in our GGM shares outstanding history coverage, used to compute GGM market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing GGM market cap history over the course of time is important for investors interested in comparing GGM's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of GGM versus a peer is one thing; comparing GGM market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like GGM can fluctuate over the course of history. With this page we aim to empower investors researching GGM by allowing them to research the GGM market cap history.
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Guggenheim Credit Allocation Fundhares OF (GGM) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

GGMC Market Cap History
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