Business Context and Reporting Period
This Form 8-K filing by the Guggenheim Active Allocation Fund (NYSE: GUG) reports material events occurring on December 15, 2025. The Fund, incorporated in Delaware, is a registered investment company. The report details the entry into new service agreements and the termination of prior agreements regarding fund administration, accounting, and custody services.
Key Financial Metrics
The filing does not provide specific financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on contractual changes. Fee structures for the new agreements are described as follows:
- Administration and Accounting Fees: Accrued daily and paid monthly based on average daily net assets, subject to a minimum annual fee.
- Custody Fees: Monthly fees based on average daily net assets plus charges for securities transactions.
- Expenses: The Fund reimburses the service provider for certain out-of-pocket expenses.
Material Changes Versus Prior Period
The Fund executed significant changes to its operational service providers effective December 15, 2025:
- New Agreements with BNY Mellon: Entered into a Fund Administration and Accounting Agreement and a Custody Agreement (including Foreign Custody Manager Agreement) with The Bank of New York Mellon ("BNY").
- Termination of MUFG Agreement: Terminated the existing Fund Administration and Accounting Agreement with MUFG Investor Services (US) LLC. No termination fees are payable beyond ordinary course payments through the effective date.
- Amendment of BNY Custody Agreement: Terminated and replaced prior Custody and Foreign Custody Agreements with BNY dated July 26, 2007. No termination fees are payable beyond ordinary course payments.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on market outlook, or discussion of general business risks. The primary contingency noted is the transition of services from MUFG to BNY Mellon, with MUFG providing certain ongoing transition services. The text explicitly states that the descriptions of the agreements are not complete and are qualified by reference to the full text of the exhibits filed with the report.
Investor Verification Checklist
- Verify the specific fee rates and minimum annual fee thresholds in the full text of the Fund Administration and Accounting Agreement (Exhibit 1.1).
- Review the Custody Agreement (Exhibit 1.2) for details on transaction charges and foreign custody fee structures.
- Confirm the timeline and scope of transition services provided by MUFG Investor Services (US) LLC.
- Check subsequent filings for any impact on the Fund's expense ratio resulting from these contractual changes.