XGEIX

Guggenheim Energy & Income Fund

Fund Resources
Fact Card

Portfolio


Duration

Duration 2.46

Effective duration is the standard measurement of sensitivity of a bond’s price to change in interest rates. Effective duration is expressed in years. When interest rates are rising, the price of bonds is declining. Conversely, when interest rates are declining, the price of bonds is increasing. The effective duration is the approximate percentage that the value of the bond will increase or decrease for a 1% change in interest rates. For example, a portfolio with an effective duration of 7 years would fall approximately 7% in value if interest rates increased by 1%. Due to the effect of inflation on TIPS, the effective duration of a portfolio with substantial TIPS holdings will measure only the approximate change in the value of the portfolio for a 1% change in interest rates. Therefore, effective duration should only be used as an estimate of the anticipated behavior of the Fund’s NAV given a change in interest rates.


Asset Class Breakdown

Fixed Income 95.45%
Equity 3.80%
Cash & Cash Equivalents 0.75%
FX Forward 0.00%

Sector Allocation

Energy Investments 77.23%
Transportation 5.34%
Consumer Cyclical 4.38%
Equity 3.79%
Communications 2.98%
Basic Materials 2.83%
Technology 1.44%
Cash & Cash Equivalents 0.75%
Capital Goods 0.61%
Consumer Non Cyclical 0.28%
Brokerage 0.25%
Industrials - Other 0.12%
Derivatives 0.00%

Under normal market conditions, the Fund will invest at least 80% of its Managed Assets (as defined in this prospectus) in (i) securities of energy companies and (ii) income producing securities of other issuers.

Energy companies include companies that have at least 50% of their assets, income, sales or profits committed to, or derived from, (i) production, exploration, development, mining, extraction, transportation (including marine transportation), refining, processing, storage, distribution, management, marketing and/or trading of oil, natural gas, natural gas liquids, refined petroleum products, coal, biofuels, or other natural resources used to produce energy, or ethanol, (ii) generation, transmission, distribution, marketing, sale and/or trading of all forms of electrical power (including through clean and renewable resources, such as solar energy, wind energy, geothermal energy or hydropower) or gas, (iii) manufacturing, marketing, management, sale and/or trading of equipment, products or other supplies predominantly used by entities engaged in such businesses and (iv) provision of services to entities engaged in such businesses.

Under normal market conditions, the Fund will invest at least 70% of its Managed Assets in securities of energy companies. The Fund intends to focus its energy company investments in debt securities, including bonds, debentures, notes, loans and loan participations, mezzanine and preferred securities, convertible securities and structured products.

Certain investments in debt securities of energy companies may be convertible into equity securities or may be accompanied by warrants, options or other forms of equity participation. As a result of such investments, the Fund may also hold equity securities of the issuers of debt securities in which the Fund invests. The Adviser will generally evaluate these investments based primarily on their debt characteristics.

This data is subject to change on a daily basis.


Energy Investments

Independent Energy 40.22%
Midstream 32.23%
Electric 19.65%
Oil Field Services 6.36%
Refining 1.55%

Top 10 Holdings

TEXGEN POWER LLC 0.00 01/00/1900 3.29%
EXTERRAN CORP 8.13 05/01/2025 3.04%
AMERICAN MIDSTREAM PARTNERS LP 9.50 12/15/2021 3.01%
WHITING PETROLEUM CORP 5.75 03/15/2021 2.60%
LBC TANK TERMINALS HOLDING NETHERLANDS BV 6.88 05/15/2023 2.59%
ENERGY CAPITAL PARTNERS LLC 5.75 04/15/2025 2.49%
TENASKA POWER FUND LP 9.60 10/18/2022 2.46%
DYNAGAS LNG PARTNERS LP 6.93 05/18/2023 2.43%
COVEY PARK ENERGY LLC 7.50 05/15/2025 2.26%
PANDA POWER FUNDS 9.10 08/21/2020 2.24%

Credit Quality

BBB 15.58%
BB 34.12%
B 38.13%
CCC 6.07%
Not Rated 5.31%
FX Forward 0.00%
Cash & Cash Equivalents 0.78%

Source: BlackRock Solutions and Bloomberg Barclays. The fund credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled “Not Rated” or “FX Forward” have been rated by a Nationally Recognized Statistical Rating Organization (“NRSRO”). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments converts ratings to the equivalent S&P rating.

All data is subject to change on a daily basis.





Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"). Guggenheim Funds Distributors, LLC is an affiliate of Guggenheim.

© 2019 Guggenheim Investments. All Rights Reserved.

Research our firm with FINRA Broker Check.

• Not FDIC Insured • No Bank Guarantee • May Lose Value

This website is directed to and intended for use by citizens or residents of the United States of America only. The material provided on this website is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. Investing involves risk, including the possible loss of principal.