Computershare, Inc.

Guggenheim Credit Allocation Fund

(NYSE: GGM)

Cusip: 40168G108

Notice to Shareholders

We are pleased to report the payment of the Guggenheim Credit Allocation Fund's (the "Fund") monthly distribution in the amount of $0.1813 per share payable on August 31, 2020 to shareholders of record on August 14, 2020. The Fund currently anticipates that $0.1136 per share, or 62.66% of this distribution would currently be classified as income and $0.0677 per share, or 37.34% of this distribution would currently be classified as a return of capital. A final determination of the tax character of distributions paid by the Fund in 2020 will be reported to shareholders in January 2021 on Form 1099-DIV.

Computershare, Inc.

Transfer Agent

August 2020

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Guggenheim Credit Allocation Fund published this content on 26 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2020 13:51:04 UTC