Fund Description: Guggenheim Strategic Opportunities Fund, formerly Claymore/Guggenheim Strategic Opportunities Fund, is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Guggenheim Strategic Opportunities Fund seeks to maximize total return through a combination of current income and capital appreciation. FUND STRATEGY: Under normal market conditions, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities. The Fund will seek to earn income and gains through both dividends paid by on securities owned by the Fund and cash premiums received from selling options. The Fund will seek to achieve its investment objective by investing in a wide range of fixed income and other debt and senior equity securities (Income Securities) selected from a variety of sectors and credit qualities, including, but not limited to, corporate bonds, loans and loan participations, structured finance investments, U.S. government and agency securities, mezzanine and preferred securities and convertible securities, and in common stocks, limited liability company interests, trust certificates and other equity investments. FUND MANAGEMENT: Guggenheim Partners Asset Management, (GPAM) a wholly owned subsidiary of Guggenheim Partners, LLC, serves as the Fund’s investment manager. Investment Adviser to the Fund is Guggenheim Funds Investment Advisors, LLC.