Risk Asset Pulse (@risk_asset_pulse)
Guggenheim flagship fund falls to lowest level since the financial crisis
Guggenheim Strategic Opportunities Fund has reportedly fallen to its lowest price since the Global Financial Crisis.
The fund is associated with Guggenheim Partners, co-founded by Los Angeles Dodgers owner Mark Walter.
The decline highlights renewed pressure across parts of the credit and income-fund market as elevated yields and changing rate expectations continue to affect fixed-income assets.
A move back toward financial-crisis-era price levels makes the fund worth watching as a potential stress signal in credit markets.