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 October 20, 2021 to shareholders of record on October 15, 2021. The Fund currently anticipates that $0.1234 per share, or 68.06% of this distribution would currently be classified as income and $0.0579 per share, or 31.94% 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 2021 will be reported to shareholders in January 2022 on Form 1099-DIV.

Computershare, Inc.

Transfer Agent

October 2021

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Guggenheim Credit Allocation Fund published this content on 18 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 October 2021 19:41:02 UTC.