EXHIBIT (b)
Certification of CEO and CFO Pursuant to
18 U.S.C. Section 1350,
as Adopted Pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002
In connection with the Report on Form N-CSR of Guggenheim Active Allocation Fund (the “Issuer”) for the semi-annual period ended November 30, 2022 (the “Report”), Brian E. Binder, as President and Chief Executive Officer of the Issuer, and James M. Howley, as Chief Financial Officer, Chief Accounting Officer and Treasurer of the Issuer, each hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of his knowledge:
| (1) | the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and |
| (2) | the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Issuer. |
Dated: February 3, 2023
/s/ Brian E. Binder
Name: Brian E. Binder
Title: President and Chief Executive Officer
/s/ James M. Howley
Name: James M. Howley
Title: Chief Financial Officer, Chief Accounting Officer and Treasurer