PAGE  1
000 A000000 11/30/2014
000 C000000 0001380936
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 Guggenheim Strategic Opportunities Fund
001 B000000 811-21982
001 C000000 3128270100
002 A000000 227 WEST MONROE STREET
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
008 A000001 GUGGENHEIM FUNDS INVESTMENT ADVISORS, LLC
008 B000001 A
008 C000001 801-000000
008 D010001 CHICAGO
008 D020001 IL
008 D030001 60606
008 A000002 GUGGENHEIM PARTNERS INVESTMENT MANAGEMENT,INC
008 B000002 S
008 C000002 801-000000
008 D010002 SANTA MONICA
008 D020002 CA
008 D030002 90401
010 A000001 RYDEX FUND SERVICES, LLC
010 B000001 84-0000000
010 C010001 ROCKVILLE
010 C020001 MD
010 C030001 20850
011 A000001 WACHOVIA CAPITAL MARKETS LLC
011 B000001 8-00000000
011 C010001 CHARLOTTE
011 C020001 NC
011 C030001 28288
011 A000002 RAYMOND JAMES & ASSOCIATES, INC.
011 B000002 8-00000000
011 C010002 ST. PETERSBURG
011 C020002 FL
011 C030002 33716
012 A000001 COMPUTERSHARE SHAREOWNER SERVICES LLC
012 B000001 84-0000000
      PAGE  2
012 C010001 COLLEGE STATION
012 C020001 TX
012 C030001 77842
012 C040001 3170
013 A000001 ERNST & YOUNG LLP
013 B010001 MCLEAN
013 B020001 VA
013 B030001 22102
014 A000001 CHANNEL CAPITAL GROUP LLC
014 B000001 8-53692
014 A000002 SECURITY DISTRIBUTORS, INC.
014 B000002 8-10781
014 A000003 GUGGENHEIM INVESTOR SERVICES, LLC
014 B000003 8-44742
014 A000004 GUGGENHEIM SECURITIES, LLC
014 B000004 8-49107
014 A000005 SAMMONS SECURITIES COMPANY, LLC
014 B000005 8-53482
014 A000006 GUGGENHEIM FUNDS DISTRIBUTORS, LLC
014 B000006 8-48842
014 A000007 SAMMONS FINANCIAL NETWORK, LLC
014 B000007 8-68905
014 A000008 GUGGENEHIM ENERGY ADVISORS, LLC
014 B000008 8-68983
015 A000001 THE BANK OF NEW YORK MELLON
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
015 E010001 X
018  000000 Y
019 A000000 N
019 B000000    0
020 A000001 BANK OF AMERICA
020 B000001 UNKNOWN
020 C000001      28
020 A000002 GOLDMAN SACHS
020 B000002 13-5108880
020 C000002      19
020 A000003 FGC SECURITIES
020 B000003 UNKNOWN
020 C000003       7
020 A000004 MORGAN STANLEY
020 B000004 13-2655998
020 C000004       7
020 A000005 BAYCREST SECURITIES COMPANY INC
020 B000005 UNKNOWN
020 C000005       4
020 A000006 NOMURA SECURITIES CO.
020 B000006 UNKNOWN
020 C000006       2
      PAGE  3
020 A000007 SUSQUEHANNA FINANCIAL GROUP INC
020 B000007 UNKNOWN
020 C000007       1
021  000000        68
022 A000001 BNP PARIBAS
022 B000001 UNKNOWN
022 C000001      60789
022 D000001      63050
022 A000002 BARCLAYS
022 B000002 UNKNOWN
022 C000002       5040
022 D000002      75438
022 A000003 CREDIT SUISSE SECURITIES
022 B000003 UNKNOWN
022 C000003      13986
022 D000003      29285
022 A000004 BANK OF AMERICA
022 B000004 UNKNOWN
022 C000004      15694
022 D000004      21761
022 A000005 GOLDMAN SACHS & COMPANY
022 B000005 13-5108880
022 C000005      19757
022 D000005       5855
022 A000006 NOMURA SECURITIES CO
022 B000006 UNKNOWN
022 C000006       1953
022 D000006      15710
022 A000007 WELLS FARGO & COMPANY
022 B000007 UNKNOWN
022 C000007       8929
022 D000007       7967
022 A000008 CITIGROUP GLOBAL MARKETS
022 B000008 UNKNOWN
022 C000008      12278
022 D000008       2204
022 A000009 JP MORGAN CHASE & CO
022 B000009 UNKNOWN
022 C000009      10503
022 D000009       2553
022 A000010 DEUTSCHE BANK SECURITIES INC
022 B000010 UNKNOWN
022 C000010       8926
022 D000010       1767
023 C000000      195517
023 D000000      249356
024  000000 Y
025 A000001 MORGAN STANLEY
025 C000001 E
025 D000001     2317
025 A000002 BANK OF AMERICA CORP.
      PAGE  4
025 C000002 D
025 D000002     5458
025 A000003 GOLDMAN SACHS GROUP INC
025 C000003 E
025 D000003     6505
025 A000004 CITIGROUP INC
025 C000004 D
025 D000004     6115
025 A000005 WELLS FARGO & CO
025 C000005 E
025 D000005     1549
025 A000006 JP MORGAN CHASE & CO
025 C000006 D
025 D000006     4057
025 A000007 BARCLAYS PLC
025 C000007 D
025 D000007     2311
025 A000008 WELLS FARGO & CO
025 C000008 D
025 D000008     1029
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 N
045  000000 Y
046  000000 N
047  000000 Y
048  000000  1.000
048 A010000         0
048 A020000 0.000
048 B010000         0
048 B020000 0.000
048 C010000         0
048 C020000 0.000
048 D010000         0
048 D020000 0.000
048 E010000         0
048 E020000 0.000
048 F010000         0
048 F020000 0.000
048 G010000         0
048 G020000 0.000
048 H010000         0
048 H020000 0.000
048 I010000         0
      PAGE  5
048 I020000 0.000
048 J010000         0
048 J020000 0.000
048 K010000         0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 Y
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000         0
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.2
062 M000000   0.0
062 N000000   0.0
062 O000000   2.1
062 P000000  42.7
062 Q000000  78.2
      PAGE  6
062 R000000  26.3
063 A000000   0
063 B000000 13.4
064 A000000 N
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 Y
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 N
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000     330528
071 B000000     245712
071 C000000     461478
071 D000000   53
072 A000000  6
      PAGE  7
072 B000000     12763
072 C000000       788
072 D000000         0
072 E000000         0
072 F000000      2328
072 G000000        54
072 H000000         0
072 I000000        11
072 J000000        21
072 K000000         0
072 L000000        31
072 M000000        57
072 N000000        16
072 O000000       276
072 P000000       722
072 Q000000        57
072 R000000        29
072 S000000        54
072 T000000         0
072 U000000         0
072 V000000         0
072 W000000        11
072 X000000      3667
072 Y000000         0
072 Z000000      9884
072AA000000         0
072BB000000       531
072CC010000         0
072CC020000      3197
072DD010000     17425
072DD020000         0
072EE000000         0
073 A010000    1.0926
073 A020000    0.0000
073 B000000    0.0000
073 C000000    0.0000
074 A000000      2736
074 B000000         0
074 C000000       698
074 D000000    403412
074 E000000     24050
074 F000000       450
074 G000000         0
074 H000000         0
074 I000000     61829
074 J000000       799
074 K000000         0
074 L000000      4119
074 M000000        52
074 N000000    498145
074 O000000     14986
      PAGE  8
074 P000000       404
074 Q000000         0
074 R010000     90697
074 R020000         0
074 R030000       687
074 R040000     63344
074 S000000         0
074 T000000    328027
074 U010000     16478
074 U020000         0
074 V010000     19.91
074 V020000      0.00
074 W000000    0.0000
074 X000000     16188
074 Y000000    205054
075 A000000         0
075 B000000    323206
076  000000     21.89
077 A000000 N
077 B000000
077 C000000
077 D000000
077 E000000
077 F000000
077 G000000
077 H000000
077 I000000
077 J000000
077 K000000
077 L000000
077 M000000
077 N000000
077 O000000
077 P000000
077 Q010000
077 Q020000
077 Q030000
078  000000 N
080 C000000         0
081 B000000    0
082 B000000         0
083 B000000         0
084 B000000         0
086 A010000    1011
086 A020000   21294
086 B010000       0
086 B020000       0
086 C010000       0
086 C020000       0
086 D010000       0
086 D020000       0
      PAGE  9
086 E010000       0
086 E020000       0
086 F010000       0
086 F020000       0
087 A010000 COMMON STOCK
087 A020000 18385X104
087 A030000 GOF
088 A000000 Y
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   Yanna Valak
TITLE       supervisor