Computershare Shareowner Services LLC

Guggenheim Enhanced Equity Strategy Fund (NSYE: GGE) Cusip: 40167K100

Dear Shareholder(s):

The Guggenheim Enhanced Equity Strategy Fund (the "Fund") adopted a policy such that the quarterly distributions to shareholders would consist of net investment income and net realized gains, if any. The quarterly distribution in the amount of $0.4850 per share payable August 31, 2016 from the Fund to shareholders of record on August 15, 2016, is estimated to consist of $0.0197 per share, or 4.07% of income and $0.4653 per share, or 95.93% of return of capital.

The final determination of the source of the 2016 distributions will be made after the end of the Fund's fiscal year and will be reported to you in January 2017 on Form 1099-DIV.

COMPUTERSHARE

Transfer Agent

August 2016

Guggenheim Enhanced Equity Strategy Fund published this content on 29 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 29 August 2016 16:56:04 UTC.

Original documenthttp://gi.guggenheiminvestments.com/GuggenheimInvestments/media/cefdoclib/gf/8-31-16-GGE-Sec-19.pdf?ext=.pdf

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