UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number
811-21681
 
Guggenheim Enhanced Equity Income Fund
(Exact name of registrant as specified in charter)
 
227 West Monroe Street, Chicago, IL 60606
(Address of principal executive offices) (Zip code)
 
Amy J. Lee
227 West Monroe Street, Chicago, IL 60606
(Name and address of agent for service)

Registrant's telephone number, including area code: (312) 827-0100

Date of fiscal year end: December 31
Date of reporting period: July 1, 2017 – September 30, 2017
Item 1.  Schedule of Investments.
Attached hereto.
 
Guggenheim Enhanced Equity Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)   
September 30, 2017
   
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8%
            
Consumer, Non-cyclical - 20.1%
            
Robert Half International, Inc.1
    
17,686
    
$
890,314
  
United Rentals, Inc.*,1
    
6,350
      
880,999
  
Centene Corp.*,1
    
8,985
      
869,479
  
Cintas Corp.1
    
6,016
      
867,988
  
Tyson Foods, Inc. — Class A1
    
12,304
      
866,816
  
Nielsen Holdings plc1
    
20,908
      
866,637
  
Avery Dennison Corp.1
    
8,633
      
848,969
  
McCormick & Company, Inc.1
    
8,243
      
846,061
  
PayPal Holdings, Inc.*,1
    
13,162
      
842,763
  
Pfizer, Inc.1
    
23,594
      
842,305
  
AbbVie, Inc.1
    
9,427
      
837,682
  
Celgene Corp.*,1
    
5,726
      
834,966
  
Quanta Services, Inc.*,1
    
22,268
      
832,155
  
HCA Healthcare, Inc.*,1
    
10,442
      
831,079
  
Amgen, Inc.1
    
4,454
      
830,448
  
Eli Lilly & Co.1
    
9,703
      
829,995
  
S&P Global, Inc.1
    
5,295
      
827,661
  
Moody's Corp.1
    
5,944
      
827,464
  
Western Union Co.1
    
43,047
      
826,502
  
Align Technology, Inc.*
    
4,434
      
825,920
  
Abbott Laboratories1
    
15,466
      
825,265
  
Dentsply Sirona, Inc.1
    
13,768
      
823,463
  
Perrigo Company plc1
    
9,718
      
822,629
  
Sysco Corp.1
    
15,203
      
820,202
  
Altria Group, Inc.1
    
12,929
      
819,957
  
DaVita, Inc.*,1
    
13,798
      
819,463
  
Bristol-Myers Squibb Co.1
    
12,848
      
818,932
  
Hormel Foods Corp.1
    
25,461
      
818,317
  
H&R Block, Inc.1
    
30,849
      
816,882
  
Colgate-Palmolive Co.1
    
11,202
      
816,065
  
Boston Scientific Corp.*,1
    
27,945
      
815,156
  
Cigna Corp.1
    
4,359
      
814,871
  
Zimmer Biomet Holdings, Inc.1
    
6,954
      
814,244
  
Hershey Co.1
    
7,439
      
812,116
  
Verisk Analytics, Inc. — Class A*,1
    
9,755
      
811,518
  
Automatic Data Processing, Inc.1
    
7,422
      
811,373
  
Express Scripts Holding Co.*,1
    
12,791
      
809,926
  
Universal Health Services, Inc. — Class B1
    
7,281
      
807,754
  
Coty, Inc. — Class A1
    
48,849
      
807,474
  
Intuitive Surgical, Inc.*,1
    
772
      
807,419
  
Archer-Daniels-Midland Co.1
    
18,989
      
807,222
  
AmerisourceBergen Corp. — Class A1
    
9,752
      
806,978
  
Mondelez International, Inc. — Class A1
    
19,802
      
805,149
  
Gartner, Inc.*
    
6,469
      
804,808
  
Brown-Forman Corp. — Class B1
    
14,808
      
804,075
  
Global Payments, Inc.1
    
8,460
      
803,954
  
Stryker Corp.1
    
5,646
      
801,845
  
Merck & Company, Inc.1
    
12,518
      
801,528
  
Kimberly-Clark Corp.1
    
6,811
      
801,518
  
Alexion Pharmaceuticals, Inc.*,1
    
5,698
      
799,372
  
Johnson & Johnson1
    
6,142
      
798,521
  
Baxter International, Inc.1
    
12,714
      
797,804
  
Estee Lauder Companies, Inc. — Class A1
    
7,394
      
797,369
  
UnitedHealth Group, Inc.1
    
4,069
      
796,914
  
CR Bard, Inc.1
    
2,483
      
795,802
  
Danaher Corp.1
    
9,273
      
795,438
  
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Consumer, Non-cyclical - 20.1% (continued)
        
Thermo Fisher Scientific, Inc.1
    
4,199
    
$
794,451
  
IDEXX Laboratories, Inc.*,1
    
5,108
      
794,243
  
Church & Dwight Company, Inc.1
    
16,379
      
793,563
  
Zoetis, Inc.1
    
12,435
      
792,856
  
Constellation Brands, Inc. — Class A1
    
3,975
      
792,814
  
Clorox Co.1
    
6,002
      
791,724
  
Patterson Companies, Inc.1
    
20,435
      
789,813
  
Monster Beverage Corp.*,1
    
14,285
      
789,246
  
Ecolab, Inc.1
    
6,136
      
789,151
  
Quintiles IMS Holdings, Inc.*
    
8,294
      
788,511
  
Procter & Gamble Co.1
    
8,666
      
788,433
  
Anthem, Inc.1
    
4,151
      
788,192
  
JM Smucker Co.1
    
7,510
      
788,024
  
Cardinal Health, Inc.1
    
11,769
      
787,581
  
McKesson Corp.1
    
5,126
      
787,405
  
Conagra Brands, Inc.1
    
23,321
      
786,851
  
Mylan N.V.*,1
    
25,064
      
786,258
  
Campbell Soup Co.1
    
16,790
      
786,108
  
Aetna, Inc.1
    
4,940
      
785,509
  
Coca-Cola Co.1
    
17,376
      
782,094
  
PepsiCo, Inc.1
    
6,994
      
779,341
  
Dr Pepper Snapple Group, Inc.1
    
8,791
      
777,740
  
Edwards Lifesciences Corp.*,1
    
7,108
      
776,975
  
ResMed, Inc.
    
10,077
      
775,526
  
Becton Dickinson and Co.1
    
3,950
      
774,003
  
Biogen, Inc.*,1
    
2,465
      
771,841
  
Laboratory Corporation of America Holdings*,1
    
5,106
      
770,853
  
Vertex Pharmaceuticals, Inc.*,1
    
5,065
      
770,083
  
Kroger Co.1
    
38,203
      
766,352
  
Gilead Sciences, Inc.1
    
9,454
      
765,963
  
Illumina, Inc.*,1
    
3,837
      
764,330
  
Humana, Inc.1
    
3,136
      
764,024
  
Kraft Heinz Co.1
    
9,845
      
763,480
  
Philip Morris International, Inc.1
    
6,873
      
762,972
  
Regeneron Pharmaceuticals, Inc.*,1
    
1,706
      
762,787
  
Medtronic plc1
    
9,808
      
762,768
  
Hologic, Inc.*,1
    
20,735
      
760,767
  
Cooper Companies, Inc.1
    
3,199
      
758,515
  
Total System Services, Inc.1
    
11,579
      
758,425
  
Varian Medical Systems, Inc.*,1
    
7,560
      
756,454
  
Henry Schein, Inc.*,1
    
9,177
      
752,422
  
General Mills, Inc.1
    
14,535
      
752,332
  
IHS Markit Ltd.*
    
16,927
      
746,142
  
Molson Coors Brewing Co. — Class B1
    
9,116
      
744,230
  
Envision Healthcare Corp.*,1
    
16,336
      
734,303
  
Kellogg Co.1
    
11,754
      
733,097
  
Incyte Corp.*,1
    
6,214
      
725,422
  
Allergan plc1
    
3,445
      
706,053
  
Quest Diagnostics, Inc.1
    
7,482
      
700,614
  
Equifax, Inc.1
    
6,529
      
692,009
  
Total Consumer, Non-cyclical
      
84,470,176
  
Financial - 20.1%
          
Comerica, Inc.1
    
12,431
      
947,989
  
Citizens Financial Group, Inc.
    
24,522
      
928,648
  
Regions Financial Corp.1
    
60,676
      
924,095
  
SunTrust Banks, Inc.1
    
15,363
      
918,247
  
Huntington Bancshares, Inc.1
    
65,305
      
911,658
  
Guggenheim Enhanced Equity Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)   
September 30, 2017
   
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Financial - 20.1% (continued)
        
Zions Bancorporation1
    
19,322
    
$
911,612
  
KeyCorp1
    
48,409
      
911,057
  
Charles Schwab Corp.1
    
20,800
      
909,791
  
Hartford Financial Services Group, Inc.1
    
16,407
      
909,439
  
Raymond James Financial, Inc.
    
10,682
      
900,813
  
Ameriprise Financial, Inc.1
    
6,059
      
899,822
  
Discover Financial Services1
    
13,954
      
899,754
  
M&T Bank Corp.1
    
5,584
      
899,247
  
Lincoln National Corp.1
    
12,227
      
898,440
  
People's United Financial, Inc.1
    
49,511
      
898,130
  
Fifth Third Bancorp1
    
32,054
      
896,871
  
Brighthouse Financial, Inc.*,1
    
14,751
      
896,861
  
Wells Fargo & Co.1
    
16,227
      
894,919
  
Navient Corp.1
    
59,553
      
894,486
  
PNC Financial Services Group, Inc.1
    
6,621
      
892,312
  
Bank of America Corp.1
    
35,149
      
890,676
  
Invesco Ltd.1
    
25,388
      
889,596
  
T. Rowe Price Group, Inc.1
    
9,796
      
888,007
  
MetLife, Inc.1
    
17,068
      
886,683
  
E*TRADE Financial Corp.*,1
    
20,286
      
884,672
  
Citigroup, Inc.1
    
12,159
      
884,446
  
Affiliated Managers Group, Inc.1
    
4,643
      
881,381
  
Morgan Stanley1
    
18,281
      
880,596
  
Goldman Sachs Group, Inc.1
    
3,704
      
878,552
  
Synchrony Financial1
    
28,180
      
874,989
  
Unum Group1
    
17,078
      
873,198
  
Franklin Resources, Inc.1
    
19,604
      
872,574
  
Capital One Financial Corp.1
    
10,287
      
870,897
  
JPMorgan Chase & Co.1
    
9,099
      
869,045
  
Prudential Financial, Inc.1
    
8,134
      
864,807
  
BlackRock, Inc. — Class A1
    
1,934
      
864,672
  
American Express Co.1
    
9,549
      
863,803
  
U.S. Bancorp1
    
16,098
      
862,692
  
BB&T Corp.1
    
18,297
      
858,861
  
Progressive Corp.1
    
17,717
      
857,857
  
SL Green Realty Corp. REIT1
    
8,429
      
854,025
  
Principal Financial Group, Inc.1
    
13,261
      
853,213
  
CME Group, Inc. — Class A1
    
6,284
      
852,613
  
Torchmark Corp.1
    
10,577
      
847,112
  
Assurant, Inc.1
    
8,863
      
846,594
  
Intercontinental Exchange, Inc.1
    
12,313
      
845,903
  
Bank of New York Mellon Corp.1
    
15,954
      
845,881
  
CBRE Group, Inc. — Class A*,1
    
22,201
      
840,974
  
Berkshire Hathaway, Inc. — Class B*,1
    
4,585
      
840,522
  
Nasdaq, Inc.1
    
10,821
      
839,385
  
Loews Corp.1
    
17,501
      
837,598
  
Vornado Realty Trust REIT1
    
10,887
      
836,993
  
Northern Trust Corp.1
    
9,095
      
836,103
  
Alliance Data Systems Corp.1
    
3,754
      
831,699
  
State Street Corp.1
    
8,697
      
830,911
  
Arthur J Gallagher & Co.1
    
13,479
      
829,632
  
Mastercard, Inc. — Class A1
    
5,863
      
827,856
  
CBOE Holdings, Inc.1
    
7,681
      
826,706
  
American International Group, Inc.1
    
13,459
      
826,248
  
Everest Re Group Ltd.
    
3,616
      
825,858
  
Allstate Corp.1
    
8,978
      
825,168
  
Aon plc1
    
5,640
      
824,004
  
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Financial - 20.1% (continued)
        
Travelers Companies, Inc.1
    
6,718
    
$
823,089
  
Marsh & McLennan Companies, Inc.1
    
9,818
      
822,847
  
Boston Properties, Inc. REIT1
    
6,695
      
822,682
  
XL Group Ltd.1
    
20,838
      
822,059
  
Host Hotels & Resorts, Inc. REIT1
    
44,328
      
819,625
  
Willis Towers Watson plc1
    
5,298
      
817,111
  
Macerich Co. REIT1
    
14,835
      
815,480
  
Weyerhaeuser Co. REIT1
    
23,959
      
815,325
  
Chubb Ltd.1
    
5,712
      
814,246
  
Cincinnati Financial Corp.1
    
10,619
      
813,097
  
Simon Property Group, Inc. REIT1
    
5,042
      
811,812
  
Visa, Inc. — Class A1
    
7,704
      
810,769
  
Aflac, Inc.1
    
9,911
      
806,656
  
Alexandria Real Estate Equities, Inc. REIT1
    
6,741
      
801,977
  
Prologis, Inc. REIT1
    
12,577
      
798,136
  
Mid-America Apartment Communities, Inc. REIT1
    
7,454
      
796,684
  
Duke Realty Corp. REIT
    
27,431
      
790,561
  
Digital Realty Trust, Inc. REIT1
    
6,670
      
789,261
  
Public Storage REIT1
    
3,685
      
788,553
  
GGP, Inc. REIT1
    
37,808
      
785,272
  
Extra Space Storage, Inc. REIT1
    
9,782
      
781,777
  
Iron Mountain, Inc. REIT1
    
20,094
      
781,657
  
Kimco Realty Corp. REIT1
    
39,888
      
779,810
  
Equity Residential REIT1
    
11,816
      
779,029
  
Regency Centers Corp. REIT1
    
12,536
      
777,733
  
Equinix, Inc. REIT1
    
1,741
      
777,008
  
Realty Income Corp. REIT1
    
13,561
      
775,554
  
SBA Communications Corp. REIT*
    
5,383
      
775,421
  
UDR, Inc. REIT1
    
20,342
      
773,606
  
Federal Realty Investment Trust REIT1
    
6,218
      
772,338
  
AvalonBay Communities, Inc. REIT1
    
4,308
      
768,633
  
Essex Property Trust, Inc. REIT1
    
3,018
      
766,663
  
Apartment Investment & Management Co. — Class A REIT1
    
17,321
      
759,699
  
American Tower Corp. — Class A REIT1
    
5,549
      
758,437
  
Welltower, Inc. REIT1
    
10,775
      
757,267
  
Crown Castle International Corp. REIT1
    
7,556
      
755,449
  
Ventas, Inc. REIT1
    
11,581
      
754,271
  
HCP, Inc. REIT1
    
26,632
      
741,169
  
Total Financial
      
84,067,956
  
Consumer, Cyclical - 14.1%
          
Gap, Inc.1
    
31,306
      
924,465
  
Michael Kors Holdings Ltd.*,1
    
19,088
      
913,361
  
L Brands, Inc.1
    
21,686
      
902,354
  
Genuine Parts Co.1
    
9,426
      
901,597
  
BorgWarner, Inc.1
    
17,414
      
892,119
  
CarMax, Inc.*,1
    
11,750
      
890,768
  
Ross Stores, Inc.1
    
13,749
      
887,773
  
DR Horton, Inc.1
    
22,195
      
886,246
  
AutoZone, Inc.*,1
    
1,489
      
886,119
  
Goodyear Tire & Rubber Co.1
    
26,544
      
882,588
  
General Motors Co.1
    
21,745
      
878,064
  
Guggenheim Enhanced Equity Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)   
September 30, 2017
   
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Consumer, Cyclical - 14.1% (continued)
        
WW Grainger, Inc.1
    
4,876
    
$
876,461
  
American Airlines Group, Inc.1
    
18,453
      
876,333
  
Kohl's Corp.1
    
19,156
      
874,471
  
O'Reilly Automotive, Inc.*,1
    
4,041
      
870,310
  
Dollar General Corp.1
    
10,648
      
863,020
  
Whirlpool Corp.1
    
4,670
      
861,335
  
Wyndham Worldwide Corp.1
    
8,170
      
861,201
  
PACCAR, Inc.1
    
11,901
      
860,918
  
Fastenal Co.1
    
18,846
      
859,001
  
Hilton Worldwide Holdings, Inc.
    
12,351
      
857,777
  
Marriott International, Inc. — Class A1
    
7,778
      
857,602
  
PulteGroup, Inc.1
    
31,232
      
853,571
  
Southwest Airlines Co.1
    
15,217
      
851,848
  
Advance Auto Parts, Inc.1
    
8,556
      
848,755
  
Ford Motor Co.1
    
70,823
      
847,751
  
Leggett & Platt, Inc.1
    
17,760
      
847,685
  
Tractor Supply Co.1
    
13,340
      
844,289
  
Dollar Tree, Inc.*,1
    
9,713
      
843,283
  
Lennar Corp. — Class A1
    
15,919
      
840,523
  
Costco Wholesale Corp.1
    
5,114
      
840,179
  
United Continental Holdings, Inc.*,1
    
13,782
      
839,048
  
Hasbro, Inc.1
    
8,551
      
835,176
  
LKQ Corp.*,1
    
23,113
      
831,837
  
Wynn Resorts Ltd.1
    
5,570
      
829,484
  
Target Corp.1
    
14,049
      
829,031
  
Alaska Air Group, Inc.1
    
10,829
      
825,928
  
Best Buy Company, Inc.1
    
14,496
      
825,692
  
Chipotle Mexican Grill, Inc. — Class A*,1
    
2,681
      
825,292
  
Home Depot, Inc.1
    
5,039
      
824,179
  
Macy's, Inc.1
    
37,737
      
823,421
  
Nordstrom, Inc.1
    
17,452
      
822,862
  
CVS Health Corp.1
    
10,092
      
820,681
  
TJX Companies, Inc.1
    
11,114
      
819,435
  
Delphi Automotive plc1
    
8,323
      
818,983
  
Lowe's Companies, Inc.1
    
10,241
      
818,666
  
Harley-Davidson, Inc.1
    
16,981
      
818,654
  
VF Corp.1
    
12,877
      
818,591
  
Delta Air Lines, Inc.1
    
16,956
      
817,618
  
Signet Jewelers Ltd.1
    
12,285
      
817,567
  
Mattel, Inc.1
    
52,654
      
815,084
  
Royal Caribbean Cruises Ltd.1
    
6,850
      
811,999
  
Starbucks Corp.1
    
15,041
      
807,852
  
Darden Restaurants, Inc.1
    
10,243
      
806,944
  
Coach, Inc.1
    
19,900
      
801,572
  
Ulta Beauty, Inc.*,1
    
3,545
      
801,383
  
NIKE, Inc. — Class B1
    
15,413
      
799,164
  
Wal-Mart Stores, Inc.1
    
10,200
      
797,028
  
PVH Corp.1
    
6,297
      
793,800
  
Foot Locker, Inc.1
    
22,518
      
793,084
  
Tiffany & Co.1
    
8,636
      
792,612
  
Carnival Corp.1
    
12,270
      
792,274
  
McDonald's Corp.1
    
5,037
      
789,197
  
Hanesbrands, Inc.1
    
32,016
      
788,874
  
MGM Resorts International
    
24,197
      
788,580
  
Ralph Lauren Corp. — Class A1
    
8,861
      
782,338
  
Newell Brands, Inc.1
    
18,269
      
779,538
  
Yum! Brands, Inc.1
    
10,520
      
774,377
  
Mohawk Industries, Inc.*,1
    
3,119
      
771,984
  
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Consumer, Cyclical - 14.1% (continued)
        
Walgreens Boots Alliance, Inc.1
    
9,885
    
$
763,320
  
Under Armour, Inc. — Class A*,1
    
24,008
      
395,652
  
Under Armour, Inc. — Class C*,1
    
23,965
      
359,954
  
Total Consumer, Cyclical
      
59,250,522
  
Industrial - 13.6%
          
Pentair plc1
    
12,972
      
881,577
  
Textron, Inc.1
    
16,340
      
880,399
  
J.B. Hunt Transport Services, Inc.1
    
7,900
      
877,533
  
Rockwell Automation, Inc.1
    
4,905
      
874,121
  
Parker-Hannifin Corp.1
    
4,986
      
872,650
  
Union Pacific Corp.1
    
7,505
      
870,355
  
Flowserve Corp.1
    
20,378
      
867,899
  
Fluor Corp.1
    
20,576
      
866,250
  
Northrop Grumman Corp.1
    
3,008
      
865,462
  
Harris Corp.1
    
6,567
      
864,743
  
FedEx Corp.1
    
3,823
      
862,392
  
Deere & Co.1
    
6,859
      
861,422
  
Allegion plc1
    
9,956
      
860,894
  
Norfolk Southern Corp.1
    
6,492
      
858,502
  
Jacobs Engineering Group, Inc.1
    
14,727
      
858,142
  
Fortive Corp.1
    
12,102
      
856,700
  
Boeing Co.1
    
3,369
      
856,433
  
Eaton Corporation plc1
    
11,152
      
856,362
  
CSX Corp.1
    
15,732
      
853,618
  
United Technologies Corp.1
    
7,344
      
852,492
  
Caterpillar, Inc.1
    
6,829
      
851,645
  
Illinois Tool Works, Inc.1
    
5,745
      
850,030
  
TE Connectivity Ltd.1
    
10,193
      
846,631
  
AO Smith Corp.
    
14,235
      
845,986
  
Amphenol Corp. — Class A1
    
9,992
      
845,723
  
Expeditors International of Washington, Inc.1
    
14,123
      
845,403
  
Corning, Inc.1
    
28,190
      
843,445
  
Dover Corp.1
    
9,216
      
842,250
  
United Parcel Service, Inc. — Class B1
    
6,993
      
839,789
  
Fortune Brands Home & Security, Inc.1
    
12,487
      
839,501
  
Kansas City Southern1
    
7,704
      
837,271
  
Emerson Electric Co.1
    
13,321
      
837,092
  
General Dynamics Corp.1
    
4,066
      
835,888
  
Roper Technologies, Inc.1
    
3,433
      
835,592
  
Masco Corp.1
    
21,414
      
835,360
  
L3 Technologies, Inc.1
    
4,416
      
832,107
  
Garmin Ltd.1
    
15,395
      
830,868
  
CH Robinson Worldwide, Inc.1
    
10,911
      
830,327
  
Cummins, Inc.1
    
4,941
      
830,236
  
AMETEK, Inc.1
    
12,561
      
829,528
  
Honeywell International, Inc.1
    
5,848
      
828,896
  
Johnson Controls International plc1
    
20,545
      
827,758
  
Raytheon Co.1
    
4,428
      
826,176
  
Stanley Black & Decker, Inc.1
    
5,471
      
825,957
  
Ball Corp.1
    
19,974
      
824,927
  
Lockheed Martin Corp.1
    
2,656
      
824,130
  
FLIR Systems, Inc.1
    
21,139
      
822,518
  
Mettler-Toledo International, Inc.*,1
    
1,313
      
822,148
  
3M Co.1
    
3,912
      
821,129
  
Ingersoll-Rand plc1
    
9,199
      
820,275
  
Guggenheim Enhanced Equity Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)   
September 30, 2017
   
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Industrial - 13.6% (continued)
        
PerkinElmer, Inc.1
    
11,892
    
$
820,191
  
Stericycle, Inc.*,1
    
11,451
      
820,121
  
Arconic, Inc.1
    
32,947
      
819,721
  
General Electric Co.1
    
33,776
      
816,704
  
Waste Management, Inc.1
    
10,433
      
816,591
  
Snap-on, Inc.1
    
5,473
      
815,532
  
Republic Services, Inc. — Class A1
    
12,291
      
811,943
  
Packaging Corporation of America
    
7,071
      
810,902
  
TransDigm Group, Inc.1
    
3,167
      
809,644
  
WestRock Co.1
    
14,247
      
808,232
  
Rockwell Collins, Inc.1
    
6,144
      
803,082
  
Xylem, Inc.1
    
12,815
      
802,603
  
Sealed Air Corp.1
    
18,702
      
798,949
  
Agilent Technologies, Inc.1
    
12,374
      
794,411
  
Vulcan Materials Co.1
    
6,621
      
791,872
  
Martin Marietta Materials, Inc.1
    
3,795
      
782,643
  
Waters Corp.*,1
    
4,313
      
774,270
  
Acuity Brands, Inc.1
    
4,476
      
766,649
  
Total Industrial
      
56,790,592
  
Technology - 9.2%
          
Micron Technology, Inc.*,1
    
24,794
      
975,147
  
Applied Materials, Inc.1
    
18,141
      
944,965
  
NetApp, Inc.1
    
20,827
      
911,389
  
KLA-Tencor Corp.1
    
8,527
      
903,862
  
Hewlett Packard Enterprise Co.1
    
61,323
      
902,061
  
Lam Research Corp.1
    
4,854
      
898,184
  
Xilinx, Inc.1
    
12,636
      
895,008
  
Texas Instruments, Inc.1
    
9,887
      
886,271
  
NVIDIA Corp.1
    
4,915
      
878,655
  
Intel Corp.1
    
22,863
      
870,623
  
Analog Devices, Inc.1
    
10,002
      
861,872
  
Akamai Technologies, Inc.*,1
    
17,490
      
852,114
  
Xerox Corp.1
    
25,493
      
848,662
  
Paychex, Inc.1
    
14,140
      
847,834
  
Fiserv, Inc.*,1
    
6,559
      
845,849
  
QUALCOMM, Inc.1
    
16,208
      
840,223
  
HP, Inc.1
    
42,080
      
839,917
  
Advanced Micro Devices, Inc.*
    
65,607
      
836,489
  
Microchip Technology, Inc.1
    
9,293
      
834,326
  
Seagate Technology plc1
    
25,150
      
834,226
  
Red Hat, Inc.*,1
    
7,511
      
832,669
  
Cadence Design Systems, Inc.*
    
21,039
      
830,409
  
Cerner Corp.*,1
    
11,601
      
827,383
  
Citrix Systems, Inc.*,1
    
10,707
      
822,512
  
DXC Technology Co.1
    
9,559
      
820,927
  
Cognizant Technology Solutions Corp. — Class A1
    
11,315
      
820,790
  
International Business Machines Corp.1
    
5,648
      
819,412
  
Synopsys, Inc.*,1
    
10,115
      
814,561
  
Fidelity National Information Services, Inc.1
    
8,716
      
813,987
  
Accenture plc — Class A1
    
6,016
      
812,581
  
Microsoft Corp.1
    
10,876
      
810,153
  
CA, Inc.1
    
24,262
      
809,866
  
Intuit, Inc.1
    
5,683
      
807,782
  
CSRA, Inc.1
    
24,994
      
806,556
  
Electronic Arts, Inc.*,1
    
6,802
      
803,044
  
Broadcom Ltd.1
    
3,296
      
799,412
  
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Technology - 9.2% (continued)
        
Activision Blizzard, Inc.1
    
12,391
    
$
799,343
  
Western Digital Corp.1
    
9,248
      
799,027
  
Qorvo, Inc.*,1
    
11,235
      
794,090
  
Autodesk, Inc.*,1
    
7,030
      
789,188
  
Skyworks Solutions, Inc.1
    
7,689
      
783,509
  
Apple, Inc.1
    
5,071
      
781,543
  
salesforce.com, Inc.*,1
    
8,343
      
779,403
  
Adobe Systems, Inc.*,1
    
5,179
      
772,603
  
ANSYS, Inc.*
    
6,264
      
768,781
  
Oracle Corp.1
    
15,598
      
754,163
  
Total Technology
      
38,381,371
  
Energy - 6.8%
          
Marathon Oil Corp.1
    
71,136
      
964,603
  
Newfield Exploration Co.*,1
    
32,442
      
962,553
  
Anadarko Petroleum Corp.1
    
19,662
      
960,489
  
Chesapeake Energy Corp.*,1
    
221,033
      
950,442
  
Range Resources Corp.1
    
48,526
      
949,654
  
Concho Resources, Inc.*,1
    
7,179
      
945,618
  
Devon Energy Corp.1
    
25,566
      
938,528
  
Apache Corp.1
    
20,471
      
937,572
  
Hess Corp.1
    
19,979
      
936,815
  
Noble Energy, Inc.1
    
32,679
      
926,776
  
Pioneer Natural Resources Co.1
    
6,261
      
923,748
  
Helmerich & Payne, Inc.1
    
17,690
      
921,826
  
Cimarex Energy Co.1
    
8,087
      
919,249
  
Halliburton Co.1
    
19,969
      
919,173
  
ConocoPhillips1
    
18,092
      
905,505
  
National Oilwell Varco, Inc.1
    
25,340
      
905,398
  
EOG Resources, Inc.1
    
9,271
      
896,877
  
Valero Energy Corp.1
    
11,569
      
890,003
  
TechnipFMC plc*,1
    
31,551
      
880,904
  
Phillips 661
    
9,499
      
870,203
  
Schlumberger Ltd.1
    
12,404
      
865,303
  
Equities Corp.1
    
13,261
      
865,148
  
Occidental Petroleum Corp.1
    
13,356
      
857,589
  
Baker Hughes a GE Co.1
    
23,375
      
855,993
  
Chevron Corp.1
    
7,263
      
853,403
  
Marathon Petroleum Corp.1
    
15,061
      
844,621
  
Exxon Mobil Corp.1
    
10,208
      
836,852
  
Cabot Oil & Gas Corp. — Class A1
    
30,980
      
828,715
  
Andeavor1
    
7,920
      
816,948
  
Williams Companies, Inc.1
    
27,098
      
813,212
  
Kinder Morgan, Inc.1
    
42,036
      
806,250
  
ONEOK, Inc.1
    
14,310
      
792,917
  
Total Energy
            
28,542,887
  
Communications - 6.1%
          
Symantec Corp.1
    
27,252
      
894,139
  
AT&T, Inc.1
    
22,606
      
885,476
  
Verizon Communications, Inc.1
    
17,448
      
863,502
  
Cisco Systems, Inc.1
    
25,558
      
859,516
  
Juniper Networks, Inc.1
    
30,223
      
841,106
  
F5 Networks, Inc.*,1
    
6,962
      
839,339
  
VeriSign, Inc.*,1
    
7,788
      
828,565
  
Netflix, Inc.*,1
    
4,561
      
827,137
  
Time Warner, Inc.1
    
8,029
      
822,570
  
Viacom, Inc. — Class B1
    
29,504
      
821,391
  
Interpublic Group of Companies, Inc.1
    
39,477
      
820,727
  
CenturyLink, Inc.1
    
43,395
      
820,166
  
Expedia, Inc.1
    
5,689
      
818,875
  
eBay, Inc.*,1
    
21,290
      
818,813
  
Guggenheim Enhanced Equity Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)   
September 30, 2017
   
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Communications - 6.1% (continued)
        
Omnicom Group, Inc.1
    
11,047
    
$
818,251
  
Walt Disney Co.1
    
8,288
      
816,948
  
Level 3 Communications, Inc.*,1
    
15,235
      
811,873
  
Comcast Corp. — Class A1
    
21,056
      
810,235
  
Scripps Networks Interactive, Inc. — Class A1
    
9,413
      
808,483
  
Facebook, Inc. — Class A*,1
    
4,706
      
804,114
  
Motorola Solutions, Inc.1
    
9,452
      
802,191
  
Amazon.com, Inc.*,1
    
833
      
800,805
  
Priceline Group, Inc.*,1
    
437
      
800,068
  
DISH Network Corp. — Class A*,1
    
14,735
      
799,079
  
CBS Corp. — Class B1
    
13,540
      
785,320
  
Charter Communications, Inc. — Class A*,1
    
2,047
      
743,921
  
TripAdvisor, Inc.*,1
    
17,855
      
723,663
  
News Corp. — Class A1
    
46,399
      
615,251
  
Twenty-First Century Fox, Inc. — Class A1
    
21,433
      
565,403
  
Discovery Communications, Inc. — Class C*,1
    
22,626
      
458,403
  
Alphabet, Inc. — Class A*,1
    
430
      
418,700
  
Alphabet, Inc. — Class C*,1
    
431
      
413,376
  
Discovery Communications, Inc. — Class A*,1
    
16,503
      
351,349
  
Twenty-First Century Fox, Inc. — Class B1
    
9,921
      
255,863
  
News Corp. — Class B1
    
14,542
      
198,498
  
Total Communications
      
25,363,116
  
Utilities - 5.2%
          
NRG Energy, Inc.1
    
33,635
      
860,721
  
Public Service Enterprise Group, Inc.1
    
17,321
      
801,096
  
NextEra Energy, Inc.1
    
5,426
      
795,180
  
American Water Works Company, Inc.1
    
9,817
      
794,293
  
Exelon Corp.1
    
21,078
      
794,008
  
AES Corp.1
    
71,771
      
790,916
  
Southern Co.1
    
16,027
      
787,567
  
CenterPoint Energy, Inc.1
    
26,809
      
783,091
  
Dominion Energy, Inc.1
    
10,153
      
781,070
  
PG&E Corp.1
    
11,389
      
775,477
  
Ameren Corp.1
    
13,389
      
774,420
  
Alliant Energy Corp.1
    
18,628
      
774,366
  
PPL Corp.1
    
20,342
      
771,979
  
Sempra Energy1
    
6,752
      
770,606
  
FirstEnergy Corp.1
    
24,978
      
770,072
  
Entergy Corp.1
    
10,081
      
769,785
  
Duke Energy Corp.1
    
9,165
      
769,127
  
Edison International1
    
9,965
      
768,999
  
Eversource Energy1
    
12,672
      
765,896
  
CMS Energy Corp.1
    
16,534
      
765,855
  
DTE Energy Co.1
    
7,130
      
765,477
  
American Electric Power Company, Inc.1
    
10,845
      
761,753
  
NiSource, Inc.1
    
29,678
      
759,460
  
Consolidated Edison, Inc.1
    
9,406
      
758,876
  
WEC Energy Group, Inc.1
    
12,073
      
757,943
  
Xcel Energy, Inc.1
    
16,017
      
757,924
  
Pinnacle West Capital Corp.1
    
8,938
      
755,797
  
SCANA Corp.1
    
13,584
      
658,688
  
Total Utilities
      
21,640,442
  
 
   
Shares
    
Value
  
COMMON STOCKS† - 98.8% (continued)
        
Basic Materials - 3.4%
        
Albemarle Corp.1
    
6,802
    
$
927,180
  
Mosaic Co.1
    
41,493
      
895,833
  
CF Industries Holdings, Inc.1
    
25,111
      
882,903
  
LyondellBasell Industries N.V. — Class A1
    
8,783
      
869,956
  
DowDuPont, Inc.1
    
12,406
      
858,867
  
Eastman Chemical Co.1
    
9,484
      
858,207
  
Praxair, Inc.1
    
6,074
      
848,781
  
PPG Industries, Inc.1
    
7,766
      
843,854
  
Air Products & Chemicals, Inc.1
    
5,549
      
839,120
  
Sherwin-Williams Co.1
    
2,335
      
836,023
  
International Paper Co.1
    
14,686
      
834,459
  
Nucor Corp.1
    
14,748
      
826,478
  
FMC Corp.1
    
9,233
      
824,599
  
Monsanto Co.1
    
6,852
      
821,007
  
International Flavors & Fragrances, Inc.1
    
5,672
      
810,586
  
Freeport-McMoRan, Inc.*,1
    
56,500
      
793,260
  
Newmont Mining Corp.1
    
20,466
      
767,680
  
Total Basic Materials
      
14,338,793
  
Diversified - 0.2%
          
Leucadia National Corp.1
    
35,982
      
908,546
  
Total Common Stocks
                
(Cost $386,831,070)
      
413,754,401
  
EXCHANGE-TRADED FUNDS† - 45.5%
          
iShares Russell 2000 Index ETF1,2
    
428,701
      
63,524,914
  
PowerShares QQQ Trust Series 11,2
    
436,642
      
63,509,579
  
SPDR S&P 500 ETF Trust1,2
    
252,559
      
63,450,398
  
Total Exchange-Traded Funds
          
(Cost $170,135,072)
      
190,484,891
  
MONEY MARKET FUND† - 1.9%
          
Dreyfus Treasury Securities Cash Management Fund - Institutional Class 0.90%3
    
8,016,736
      
8,016,736
  
Total Money Market Fund
          
(Cost $8,016,736)
      
8,016,736
  
Total Investments - 146.2%
          
(Cost $564,982,878)
    
$
612,256,028
  
 
   
Contracts
    
Value
  
LISTED OPTIONS WRITTEN† - (1.1)%
            
Call options on:
            
 S&P 500 Index Expiring October 2017 with strike price of $2,510 (Notional Value $76,185,446)*
    
504
      
(1,081,080
)
 Russell 2000 Index Expiring October 2017 with strike price of $1,485 (Notional Value $72,317,195)*
    
851
      
(1,778,590
)
 NASDAQ-100 Index Expiring October 2017 with strike price of $5,940 (Notional Value $77,943,737)*
    
213
      
(1,881,855
)
Total Call options
      
(4,741,525
)
Total Listed Options Written
          
(Premiums received $3,967,517)
      
(4,741,525
)
Other Assets & Liabilities, net - (45.1)%
      
(188,714,937
)
Total Net Assets - 100.0%
    
$
418,799,566
  
Guggenheim Enhanced Equity Income Fund
  
SCHEDULE OF INVESTMENTS (Unaudited)   
September 30, 2017
   
 
 
*
Non-income producing security.
†
Value determined based on Level 1 inputs - See Note 3.
1 All or portion of these securities have been physically segregated in connection with borrowings. As of September 30, 2017, the total value of the securities segregated was $326,536,280.62
2 Security represents cover for outstanding written options. 
3 Rate indicated is the 7 day yield as of September 30, 2017.
 
plc
Public Limited Company
REIT Real Estate Investment Trust
 
See Sector Classification in Other Information section.
 
 
 
The following table summarizes the inputs used to value the Fund's investments at September 30, 2017 (See Note 3 in the Notes to Schedule of Investments):
 
Investments in Securities (Assets)
  
Level 1 Quoted Prices
    
Level 2 Significant Observable Inputs
    
Level 3 Significant Unobservable Inputs
    
Total
  
Common Stocks
  
$
413,754,401
    
$
—
    
$
—
    
$
413,754,401
  
Exchange-Traded Funds
    
190,484,891
      
—
      
—
      
190,484,891
  
Money Market Fund
    
8,016,736
      
—
      
—
      
8,016,736
  
Total Assets
  
$
612,256,028
    
$
—
    
$
—
    
$
612,256,028
  
                                 
Investments in Securities (Liabilities)
  
Level 1 Quoted Prices
    
Level 2 Significant Observable Inputs
    
Level 3 Significant Unobservable Inputs
    
Total
  
Options Written
  
$
4,741,525
    
$
—
    
$
—
    
$
4,741,525
  
Total Liabilities
  
$
4,741,525
    
$
—
    
$
—
    
$
4,741,525
  
 
 
Transfers between investment levels may occur as the markets fluctuate and/or the availability of data used in an investment’s valuation changes. Transfers between valuation levels, if any, are in comparison to the valuation levels at the end of the previous fiscal year, and are effective using the fair value as of the end of the current fiscal period.
 
For the period ended September 30, 2017, there were no transfers between levels.
 
NOTES TO FINANCIAL STATEMENTS (Unaudited)    
 
   

Note 1 – Organization and Significant Accounting Policies

Organization
Guggenheim Enhanced Equity Income Fund (the “Fund”) was organized as a Massachusetts business trust on December 3, 2004 and as of March 20, 2017, it redomiciled to a Delaware statutory trust. The Fund is registered as a diversified, closed-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”).
 
The Fund’s primary investment objective is to seek to provide a high level of current income and current gains, with a secondary objective of long-term capital appreciation. The Fund seeks to achieve its investment objective by obtaining broadly diversified exposure to the equity markets and utilizing a covered call strategy which will follow a proprietary dynamic rules-based methodology. The Fund seeks to earn income and gains both from dividends paid by the securities owned by the Fund and cash premiums received from selling options.

Guggenheim Funds Investment Advisors, LLC ("GFIA") provides advisory services. Guggenheim Funds Distributors, LLC (“GFD”) acts as principal underwriter for the Fund. GFIA and GFD are affiliated entities.
 
Significant Accounting Policies
The Fund operates as an investment company and, accordingly, follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 946 Financial Services – Investment Companies. 
 
The following significant accounting policies are in conformity with U.S. generally accepted accounting principles ("U.S. GAAP") and are consistently followed by the Fund. This requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. All time references are based on Eastern Time.
 
The NAV of the Fund is calculated by dividing the market value of the Fund’s securities and other assets, less all liabilities, by the number of outstanding shares of the Fund. 
 
(a) Valuation of Investments 
The Board of Trustees of the Fund (the “Board”) has adopted policies and procedures for the valuation of the Fund's investments (the “Valuation Procedures”). Pursuant to the Valuation Procedures, the Board has delegated to a valuation committee, consisting of representatives from Guggenheim’s investment management, fund administration, legal and compliance departments (the “Valuation Committee”), the day-to-day responsibility for implementing the Valuation Procedures, including, under most circumstances, the responsibility for determining the fair value of the Fund’s securities and/or other assets.
 
Valuations of the Fund's securities are supplied primarily by pricing services appointed pursuant to the processes set forth in the Valuation Procedures. The Valuation Committee convenes monthly, or more frequently as needed, to review the valuation of all assets which have been fair valued for reasonableness. The Fund's officers, through the Valuation Committee and consistent with the monitoring and review responsibilities set forth in the Valuation Procedures, regularly review procedures used and valuations provided by the pricing services.
 
If the pricing service cannot or does not provide a valuation for a particular investment or such valuation is deemed unreliable, such investment is fair valued by the Valuation Committee.
 
Equity securities listed on an exchange (New York Stock Exchange (“NYSE”) or American Stock Exchange) are valued at the last quoted sale price as of the close of business on the NYSE, usually 4:00 p.m. on the valuation date. Equity securities listed on the NASDAQ market system are valued at the NASDAQ Official Closing Price on the valuation date, which may not necessarily represent the last sale price. If there has been no sale on such exchange or NASDAQ on a given day, the security is valued at the closing bid price on that day.
 
Open-end investment companies ("mutual funds") are valued at their NAV as of the close of business, on the valuation date. Exchange-traded funds ("ETFs") and closed-end investment companies ("CEFs") are valued at the last quoted sale price.

Short-term debt securities with a maturity of 60 days or less at acquisition and repurchase agreements are valued at amortized cost provided such amount approximates market value. 

NOTES TO FINANCIAL STATEMENTS (Unaudited)    
 
   
 
Listed options are valued at the Official Settlement Price listed by the exchange, usually as of 4:00 p.m. Long options are valued using the bid price and short options are valued using the ask price. In the event that a settlement price is not available, fair valuation is enacted. Over-the-counter ("OTC") options are valued using the average bid price (for long options) or average ask price (for short options) obtained from one or more security dealers.

Investments for which market quotations are not readily available are fair-valued as determined in good faith by GFIA under the direction of the Board using methods established or ratified by the Board. Valuations in accordance with these methods are intended to reflect each security’s (or asset’s) “fair value". Each such determination is based on a consideration of all relevant factors, which are likely to vary from one pricing context to another. Examples of such factors may include, but are not limited to market prices; sale prices; broker quotes; and models which derive prices based on inputs such as prices of securities with comparable maturities and characteristics, or based on inputs such as anticipated cash flows or collateral, spread over Treasuries, and other information analysis.  
NOTES TO FINANCIAL STATEMENTS (Unaudited)    
 
   

 
Note 2 – Financial Instruments and Derivatives

As part of its investment strategy, the Fund utilizes derivative instruments. These investments involve, to varying degrees, elements of market risk and risks in excess of the amounts recognized in the Statement of Assets and Liabilities. Valuation and accounting treatment of these instruments can be found under Significant Accounting Policies in Note 1 of these Notes to Financial Statements.
 
Derivatives
Derivatives are instruments whose values depend on, or are derived from, in whole or in part, the value of one or more other assets, such as securities, currencies, commodities or indices. Derivative instruments may be used to increase investment flexibility (including to maintain cash reserves while maintaining exposure to certain other assets), for risk management (hedging) purposes, to facilitate trading, to reduce transaction costs and to pursue higher investment returns. Derivative instruments may also be used to mitigate certain investment risks, such as foreign currency exchange rate risk, interest rate risk and credit risk. U.S. GAAP requires disclosures to enable investors to better understand how and why a Fund uses derivative instruments, how these derivative instruments are accounted for and their effects on the Fund’s financial position and results of operations.
 
The Fund may utilize derivatives for the following purposes:  

Hedge: an investment made in order to reduce the risk of adverse price movements in a security, by taking an offsetting position to protect against broad market moves.

Higher Investment Returns – the use of an instrument to seek to obtain increased investment returns


Options Purchased and Written

The Fund employs an option strategy in an attempt to generate income and gains from option premiums received from selling options. The Fund intends to pursue its options strategy utilizing a proprietary dynamic rules-based methodology. The Fund may purchase or sell (write) options on securities and securities indices which are listed on a national securities exchange or in the OTC market as a means of achieving additional return or of hedging the value of the Fund’s portfolio.

An option on a security is a contract that gives the holder of the option, in return for a premium, the right to buy from (in the case of a call) or sell to (in the case of a put) the writer of the option the security underlying the option at a specified exercise or “strike” price. The writer of an option on a security has an obligation upon exercise of the option to deliver the underlying security upon payment of the exercise price (in the case of a call) or to pay the exercise price upon delivery of the underlying security (in the case of a put).

There are several risks associated with transactions in options on securities. As the writer of a covered call option, the Fund forgoes, during the option’s life, the opportunity to profit from increases in the market value of the security covering
NOTES TO FINANCIAL STATEMENTS (Unaudited)    
 
   

the call option above the sum of the premium and the strike price of the call but has retained the risk of loss should the price of the underlying security decline. A writer of a put option is exposed to the risk of loss if fair value of the underlying securities declines, but profits only to the extent of the premium received if the underlying security increases in value. The writer of an option has no control over the time when it may be required to fill its obligation as writer of the option. Once an option writer has received an exercise notice, it cannot effect a closing purchase transaction in order to terminate its obligation under the option and must deliver the underlying security at the exercise price.

In addition, there may be an imperfect correlation between the movement in prices of options and the underlying securities where a Fund may not be able to enter into a closing transaction because of an illiquid secondary market; or, for OTC options, a Fund may be at risk because of the counterparty’s inability to perform.
 
Note 3 – Fair Value Measurement
In accordance with U.S. GAAP, fair value is defined as the price that the Fund would receive to sell an investment or pay to transfer a liability in an orderly transaction with an independent buyer in the principal market, or in the absence of a principal market, the most advantageous market for the investment or liability. U.S. GAAP establishes a three-tier fair value hierarchy based on the types of inputs used to value assets and liabilities and requires corresponding disclosure. The hierarchy and the corresponding inputs are summarized below:
 
Level 1 — quoted prices in active markets for identical assets or liabilities.
 
Level 2 — significant other observable inputs (for example quoted prices for securities that are similar based on characteristics such as interest rates, prepayment speeds, credit risk, etc.).
 
Level 3 — significant unobservable inputs based on the best information available under the circumstances, to the extent observable inputs are not available, which may include assumptions.
NOTES TO FINANCIAL STATEMENTS (Unaudited)    
 
   
 
The types of inputs available depend on a variety of factors, such as the type of security and the characteristics of the markets in which it trades, if any. Fair valuation determinations that rely on fewer or no observable inputs require greater judgment. Accordingly, fair value determinations for Level 3 securities require the greatest amount of judgment.
 
Independent pricing services are used to value a majority of the Fund’s investments. When values are not available from a pricing service, they will be determined under the valuation policies that have been reviewed and approved by the Board. In any event, values are determined using a variety of sources and techniques, including: market prices; broker quotes; and models which derive prices based on inputs such as prices of securities with comparable maturities and characteristics or based on inputs such as anticipated cash flows or collateral, spread over Treasuries, and other information and analysis.

The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The suitability of the techniques and sources employed to determine fair valuation are regularly monitored and subject to change. 
 
Note 4 – Federal Income Tax Information
The Fund intends to comply with the provisions of Subchapter M of the Internal Revenue Code applicable to regulated investment companies and will distribute substantially all taxable net investment income and capital gains sufficient to relieve the Fund from all, or substantially all, federal income, excise and state income taxes. Therefore, no provision for federal or state income tax is required.
 
Tax positions taken or expected to be taken in the course of preparing the Fund’s tax returns are evaluated to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense in the current year. Management has analyzed the Fund’s tax positions taken, or to be taken, on federal income tax returns for all open tax years, and has concluded
NOTES TO FINANCIAL STATEMENTS (Unaudited)    
 
   
 
that no provision for income tax is required in the Fund’s financial statements. The Fund’s federal tax returns are subject to examination by the Internal Revenue Service for a period of three years after they are filed.
 
At September 30, 2017, the cost of securities for federal income tax purposes, the aggregate gross unrealized gain for all securities for which there was an excess of value over tax cost, and the aggregate gross unrealized loss for all securities for which there was an excess of tax cost over value were as follows:
 
Fund ID
Fund
Tax Cost
Tax Unrealized Gain
Tax Unrealized Loss
Net Unrealized Gain (Loss)
3006
Guggenheim Enhanced Equity Income Fund
562,574,606
63,586,665
(18,646,768)
44,939,897

Note 5 – Other Information

Sector Classification.

Information in the “Schedule of Investments” is categorized by sectors using sector-level Classifications defined by the Bloomberg Industry Classification System, a widely recognized industry classification system provider. Each Fund’s registration statement has investment policies relating to concentration in specific sectors/industries. For purposes of these investment policies, the Funds usually classify sectors/industries based on industry-level Classifications used by widely recognized industry classification system providers such as Bloomberg Industry Classification System, Global Industry Classification Standards and Barclays Global Classification Scheme.
 
 
Item 2.  Controls and Procedures.

(a)
The registrant's principal executive officer and principal financial officer have evaluated the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "Investment Company Act")) as of a date within 90 days of the filing date of this report and have concluded, based on such evaluation,  that the registrant's disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant on this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms.

(b)
There was no change in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the registrant's last fiscal quarter that has materially affected or is reasonably likely to materially affect the registrant's internal control over financial reporting.

Item 3.  Exhibits.

A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act (17 CFR 270.30a-2(a)), is attached hereto.
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Guggenheim Enhanced Equity Income Fund 

By:         /s/ Amy J. Lee            
Name:   Amy J. Lee
Title:     President, Chief Executive Officer and Chief Legal Officer


Date:     11/27/2017


Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:         /s/ Amy J. Lee            
Name:   Amy J. Lee
Title:     President, Chief Executive Officer and Chief Legal Officer

Date:     11/27/2017




By:        /s/ John L. Sullivan      
Name:   John L. Sullivan
Title:     Chief Financial Officer, Chief Accounting Officer and Treasurer

Date:     11/27/2017