GOF offers a high, consistent yield (14.6%) but pays out more than it earns, causing long-term NAV erosion and share price decline. The fund trades at a historically high premium to NAV (~29%), making ...
GOF now trades near NAV, eliminating prior valuation risk and presenting an attractive entry point. GOF maintains a flexible, multi-asset strategy, with 40% in bank loans and 30% in high-yield credit, ...