An announcement has been done by Guggenheim Energy & Income Fund on Oct. 05, 2022, about the final results of the fund’s tender. It will offer up to 1,194 common fund shares which are around 2.5%.

The “Tender Offer” will be expired at a price that is equal to the Fund’s net asset value of each day’s share, on October 3, 2022, which commenced on September 2, 2022.

5,740 Shares aren’t withdrawn due to exceeding 1,194 Shares which made the Tender Offer oversubscribed. According to the terms and conditions of the Tender Offer, “XGEIX” will purchase tendering stockholder’s shares on a pro-rata basis neglecting the fractions.

Each proper tendering stockholder around 21% of shares, has been accepted for payment on a pro-rata basis. The Fund would transmit payment for the purchase of accepted Shares and duly tender on October 6, 2022.

The purchase price will be  $649.32 per share of properly tendered Shares which is equal to the net asset value for each share since October 3, 2022.

Do you know about the investment of The Fund Investments? XGEIX is the major investor in global asset managers with over $228 billion. Assets under management have approximate leverage of $18.3bn. With fixed income, equity, and alternative strategies they hold 250+ investment professionals. The Fund Investments represents many business firms of Guggenheim Partners, LLC such as,

  • Guggenheim Partners Investment Management, LLC
  • Security Investors, LLC
  • Guggenheim Funds Distributors, LLC
  • Guggenheim Funds Investment Advisors, LLC
  • Guggenheim Partners Advisors, LLC
  • Guggenheim Corporate Funding, LLC
  • Guggenheim Partners Europe Limited
  • GS GAMMA Advisors, LLC

For more information and queries regarding the Tender Offer, you can contact the tender offer’s agent, at (888) 565-5190 or visit their official website.

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