Jon Szafran
About Jon Szafran
Jon Szafran (born 1989) serves as Assistant Treasurer of Guggenheim Strategic Opportunities Fund (GOF) and is a Director at Guggenheim Investments. He has held the Assistant Treasurer role across Guggenheim funds since 2017, with officers serving at the pleasure of the Board until a successor is appointed or upon resignation/removal . Fund officers receive no compensation from the Fund; they may be employees of the Adviser/Sub‑Adviser and receive compensation in those capacities, and GOF’s proxy does not disclose individual officer pay metrics or equity awards .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Henderson Global Investors (North America) Inc. (HGINA) / Henderson Global Funds | Assistant Treasurer; Manager, US Fund Administration | 2017 | US fund administration and treasury support |
| HGINA | Senior Analyst, US Fund Administration | 2014–2017 | US fund administration |
| Cortland Capital Market Services, LLC | Senior Associate, Fund Administration | 2013–2014 | Fund administration |
| PricewaterhouseCoopers LLP | Experienced Associate | 2012–2013 | — |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| — | — | — | No external directorships or committee roles disclosed in GOF officer biographies |
Fixed Compensation
- Fund-level compensation: None. GOF discloses that “Fund officers receive no compensation from the Funds” .
- Compensation may be paid by the Adviser/Sub‑Adviser or their affiliates in employee capacities; specific salary/bonus amounts are not disclosed in the Fund’s proxy .
Performance Compensation
- No fund-level performance incentives disclosed for officers (no bonus metrics/TSR/PSUs/RSUs at the Fund level). Compensation, if any, is determined by the Adviser/Sub‑Adviser and not reported in the Fund’s proxy .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Section 16 status | Officer (Assistant Treasurer) |
| Initial Form 3 (GOF) | Reported 0 common shares beneficially owned (Direct) as of 2018‑09‑14 |
| Subsequent transactions | No officer grants/awards disclosed at the Fund level; officers are not compensated by the Fund |
| Ownership guidelines/pledging | No officer ownership guidelines or pledging disclosures provided for Fund officers |
Employment Terms
| Term | Provision |
|---|---|
| Start in current Fund officer role | Since 2017 (Assistant Treasurer) |
| Term length | Officers serve at the pleasure of the Board until a successor is appointed/qualified or until resignation or removal |
| Compensation payer | Not the Fund; may be paid by Adviser/Sub‑Adviser or affiliates |
| Non‑compete / Non‑solicit / CoC / Severance | Not disclosed for Fund officers in GOF proxy |
| Business address | c/o Guggenheim Investments, 227 West Monroe Street, 7th Floor, Chicago, IL 60606 |
Investment Implications
- Pay-for-performance link to GOF equity is indirect for Fund officers: the proxy states officers receive no compensation from the Fund, and no fund-level equity awards or performance metrics are reported—reducing visibility on alignment and removing typical equity-vesting selling overhangs tied to the Fund itself .
- Initial Section 16 disclosure shows no personal GOF share ownership at appointment (Form 3 reported 0 shares), which, together with the lack of fund-level equity compensation, suggests limited direct ownership-based alignment at the Fund level for this role .
- Retention/contractual protections are minimal at the Fund level (officers serve at the pleasure of the Board; no severance/CoC provisions disclosed), implying low friction to personnel changes at the Fund entity, with retention and incentives more likely driven by Adviser/Sub‑Adviser employment policies not disclosed in the proxy .