Elisabeth Miller
About Elisabeth Miller
Elisabeth Miller serves as Chief Compliance Officer (CCO) of Guggenheim Strategic Opportunities Fund (GOF) and other funds in the Guggenheim fund complex. She is a Senior Managing Director at Guggenheim Investments (2012–present) and at Guggenheim Funds Distributors, LLC (2014–present). The proxy discloses her year of birth as 1968 and her tenure as GOF CCO beginning in 2024; fund officers receive no compensation from the Funds and compensation is paid by the Adviser/Sub-Adviser, with no fund-level metrics tied to pay disclosed .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| GOF | Chief Compliance Officer | Since 2024 | Not disclosed |
| Certain other funds in the Fund Complex | Chief Compliance Officer | 2012–present | Not disclosed |
| Guggenheim Investments | Senior Managing Director | 2012–present | Not disclosed |
| Guggenheim Funds Distributors, LLC | Senior Managing Director | 2014–present | Not disclosed |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Guggenheim Investments | Senior Managing Director | 2012–present | Affiliated with the Fund’s Adviser |
| Guggenheim Funds Distributors, LLC | Senior Managing Director | 2014–present | Affiliate role |
| Certain other funds in Fund Complex | Chief Compliance Officer | 2012–present | CCO across multiple Guggenheim funds |
Fixed Compensation
| Component | Disclosure |
|---|---|
| Base Salary | Fund officers receive no compensation from the Funds; they may receive compensation from the Adviser/Sub-Adviser or affiliates; amounts not disclosed in GOF proxy . |
| Target Bonus % | Not disclosed at the fund level . |
| Actual Bonus Paid | Not disclosed at the fund level . |
| Cash Retainers/Perquisites | Not disclosed for fund officers; trustee compensation presented separately (not applicable to Miller) . |
Performance Compensation
| Incentive Type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Equity (RSUs/PSUs) | Not disclosed | — | — | — | — | — |
| Options | Not disclosed | — | — | — | — | — |
| Annual Incentive | Not disclosed | — | — | — | — | — |
Fund proxies explicitly state officers are not compensated by the Funds, and do not provide adviser-level compensation structures or performance-metric linkages .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial ownership (group) | Trustees and officers of the Fund as a group owned less than 1% of outstanding shares as of December 31, 2024 . |
| Individual ownership (Miller) | Not separately disclosed in the proxy . |
| Shares pledged as collateral | Not disclosed . |
| Ownership guidelines (officers) | Not disclosed; trustee beneficial ownership ranges are provided but officer guidelines are not . |
Employment Terms
| Term | Detail |
|---|---|
| Position | Chief Compliance Officer (GOF) |
| Start of role | Since 2024 |
| Service condition | Officers serve at the pleasure of the Board until a successor is appointed and qualified or upon resignation/removal |
| Contract term length/expiration | Not specified (at pleasure of the Board) |
| Business address | c/o Guggenheim Investments, 227 West Monroe Street, 7th Floor, Chicago, IL 60606 |
| Non-compete / non-solicit | Not disclosed in the proxy |
| Severance / change-of-control | Not disclosed; no fund-level employment agreement terms presented for officers |
| Section 16(a) compliance | All applicable ownership filings were completed and timely for the most recently completed fiscal year . |
Investment Implications
- Pay-for-performance analysis is not possible at the fund level: Miller’s compensation is paid by the Adviser/Sub-Adviser and not disclosed in GOF proxy; no metric-linked incentive detail, vesting schedules, or severance/CIC economics are presented for fund officers .
- Alignment appears limited at the fund level given officers and trustees collectively owning less than 1% of shares; no officer-specific ownership, pledging, or guideline compliance is disclosed, reducing visibility into “skin-in-the-game” .
- Governance and control: as CCO with multi-fund responsibilities and service “at the pleasure of the Board,” retention terms are flexible; absence of disclosed non-compete/non-solicit/severance terms at the fund level limits assessment of retention risk from fund disclosures .
- Compliance posture: Section 16 filings were timely in the most recent fiscal year, a positive signal with respect to reporting discipline; no legal or related-party red flags are identified in the proxy for fund officers .