Except where noted, all data is provided by Guggenheim Funds Distributors, LLC, Black Rock Solutions or Fact Set. Data is subject to change on a daily basis and represents a percentage of the Fund’s holdings, excluding cash. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.
Source: BlackRock Solutions. 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” (NR) or “Other Fixed Income” have been rated by a Nationally Recognized Statistical Rating Organization (“NRSRO”). For purposes of this presentation, when ratings are available from more than one NRSRO, the highest rating is used. Guggenheim Investments converts ratings to the equivalent S&P rating.
|Ticker||Security Name||Shares / Par Value||Market Value||Weighting|
|460599AC7||INTERNATIONAL GAME TECH 6.5 2/15/2025||200,000||$215,750||2.30%|
|20914UAD8||CONSOLIDATED ENERGY FIN 6.875 6/15/2025||205,000||$215,250||2.30%|
|097751BM2||BOMBARDIER INC 7.5 3/15/2025||200,000||$206,250||2.20%|
|12429TAE4||BWAY HOLDING CO 7.25 4/15/2025||200,000||$205,000||2.19%|
|03969AAL4||ARDAGH PKG FIN/HLDGS USA 6 2/15/2025||200,000||$201,500||2.15%|
|404119BR9||HCA INC 5.375 2/1/2025||200,000||$200,500||2.14%|
|15911NAA3||CHANGE HEALTH / FIN INC 5.75 3/1/2025||200,000||$200,000||2.14%|
|983130AV7||WYNN LAS VEGAS LLC/CORP 5.5 3/1/2025||200,000||$197,750||2.11%|
|85207UAJ4||SPRINT CORP 7.625 2/15/2025||200,000||$197,500||2.11%|
|7846ELAC1||SPCM SA 4.875 9/15/2025||200,000||$196,940||2.10%|
|335934AL9||FIRST QUANTUM MINERALS L 7.5 4/1/2025||200,000||$196,750||2.10%|
|26907YAA2||ESH HOSPITALITY INC 5.25 5/1/2025||200,000||$195,500||2.09%|
|845467AL3||SOUTHWESTERN ENERGY CO 6.7 1/23/2025||200,000||$195,000||2.08%|
|165167CT2||CHESAPEAKE ENERGY CORP 8 1/15/2025||200,000||$194,000||2.07%|
|18683KAK7||CLEVELAND-CLIFFS INC 5.75 3/1/2025||200,000||$193,500||2.07%|
|40537QAP5||HALCON RESOURCES CORP 6.75 2/15/2025||200,000||$193,500||2.07%|
|87248NAC2||TENET HEALTHCARE CORP 5.125 5/1/2025||200,000||$191,750||2.05%|
|23918KAR9||DAVITA INC 5 5/1/2025||200,000||$190,750||2.04%|
|98954UAA1||ZIGGO BOND FINANCE BV 5.875 1/15/2025||200,000||$189,500||2.02%|
|914906AS1||UNIVISION COMMUNICATIONS 5.125 2/15/2025||200,000||$187,500||2.00%|
|45824TAY1||INTELSAT JACKSON HLDG 9.75 7/15/2025||200,000||$185,940||1.99%|
|131347CF1||CALPINE CORP 5.75 1/15/2025||200,000||$185,250||1.98%|
|91831AAC5||VALEANT PHARMACEUTICALS 6.125 4/15/2025||200,000||$173,750||1.86%|
|013093AD1||ALBERTSONS COS LLC/SAFEW 5.75 3/15/2025||200,000||$173,000||1.85%|
|02154VAB7||ALTICE LUXEMBOURG SA 7.625 2/15/2025||200,000||$172,750||1.84%|
|716768AC0||PETSMART INC 5.875 6/1/2025||200,000||$147,750||1.58%|
|03938LAZ7||ARCELORMITTAL 6.125 6/1/2025||100,000||$109,500||1.17%|
|518613AJ3||LAUREATE EDUCATION INC 8.25 5/1/2025||100,000||$107,000||1.14%|
|64110LAL0||NETFLIX INC 5.875 2/15/2025||100,000||$105,750||1.13%|
|16412XAC9||CHENIERE CORP CHRISTI HD 5.875 3/31/2025||100,000||$104,762||1.12%|
|23062PAE1||CUMBERLAND FARMS 6.75 5/1/2025||100,000||$104,500||1.12%|
|02005NBF6||ALLY FINANCIAL INC 5.75 11/20/2025||100,000||$103,375||1.10%|
|058498AT3||BALL CORP 5.25 7/1/2025||100,000||$102,875||1.10%|
|63938CAH1||NAVIENT CORP 6.75 6/25/2025||100,000||$102,000||1.09%|
|92343EAH5||VERISIGN INC 5.25 4/1/2025||100,000||$102,000||1.09%|
|235822AB9||DANA FINANCING LUX SARL 5.75 4/15/2025||100,000||$101,750||1.09%|
|466253AA9||J2 CLOUD LLC/GLOBAL INC 6 7/15/2025||100,000||$101,750||1.09%|
|74840LAA0||QUICKEN LOANS INC 5.75 5/1/2025||100,000||$101,000||1.08%|
|91739VAA6||USIS MERGER SUB INC 6.875 5/1/2025||100,000||$101,000||1.08%|
|12513GBC2||CDW LLC/CDW FINANCE 5 9/1/2025||100,000||$100,875||1.08%|
|04624VAA7||ASSUREDPARTNERS INC 7 8/15/2025||100,000||$100,500||1.07%|
|02406PAR1||AMERICAN AXLE & MFG INC 6.25 4/1/2025||100,000||$100,125||1.07%|
|65342RAA8||NFP CORP 6.875 7/15/2025||100,000||$100,000||1.07%|
|880779AZ6||TEREX CORP 5.625 2/1/2025||100,000||$99,875||1.07%|
|50212YAB0||LPL HOLDINGS INC 5.75 9/15/2025||100,000||$99,750||1.07%|
|767744AA3||RITCHIE BROS AUCTIONEERS 5.375 1/15/2025||100,000||$99,750||1.07%|
|226373AP3||CRESTWOOD MID PARTNER LP 5.75 4/1/2025||100,000||$99,625||1.06%|
|81725WAJ2||SENSATA TECHNOLOGIES BV 5 10/1/2025||100,000||$99,500||1.06%|
|79546VAL0||SALLY HOLDINGS/SALLY CAP 5.625 12/1/2025||100,000||$99,500||1.06%|
|00165AAH1||AMC ENTERTAINMENT HOLDIN 5.75 6/15/2025||100,000||$99,375||1.06%|
|44267DAB3||HOWARD HUGHES CORP 5.375 3/15/2025||100,000||$99,250||1.06%|
|02154EAD1||ALTICE FINCO SA 7.625 2/15/2025||100,000||$99,125||1.06%|
|701885AD7||PARSLEY ENERGY LLC/FINAN 5.375 1/15/2025||100,000||$98,938||1.06%|
|526057BV5||LENNAR CORP 4.75 5/30/2025||100,000||$98,125||1.05%|
|15135BAJ0||CENTENE CORP 4.75 1/15/2025||100,000||$97,688||1.04%|
|552704AD0||MEG ENERGY CORP 6.5 1/15/2025||100,000||$97,594||1.04%|
|030981AK0||AMERIGAS PART/FIN CORP 5.5 5/20/2025||100,000||$97,250||1.04%|
|84611WAB0||SURGERY CENTER HOLDINGS 6.75 7/1/2025||100,000||$97,250||1.04%|
|86614WAD8||SUMMIT MID HLDS LLC / FI 5.75 4/15/2025||100,000||$97,000||1.04%|
|053773BA4||AVIS BUDGET CAR/FINANCE 5.25 3/15/2025||100,000||$96,125||1.03%|
|865033AC8||SUGAR HSP GMNG PROP/FIN 5.875 5/15/2025||100,000||$95,750||1.02%|
|78454LAL4||SM ENERGY CO 5.625 6/1/2025||100,000||$94,500||1.01%|
|779382AU4||ROWAN COMPANIES INC 7.375 6/15/2025||100,000||$94,125||1.00%|
|05508RAE6||B&G FOODS INC 5.25 4/1/2025||100,000||$93,737||1.00%|
|75281AAS8||RANGE RESOURCES CORP 4.875 5/15/2025||100,000||$92,000||0.98%|
|156700AZ9||CENTURYLINK INC 5.625 4/1/2025||100,000||$90,500||0.97%|
|90400GAB7||ULTRA RESOURCES INC 7.125 4/15/2025||100,000||$84,125||0.90%|
|29358QAE9||ENSCO PLC 5.2 3/15/2025||100,000||$81,625||0.87%|
|527298BH5||LEVEL 3 FINANCING INC 5.375 5/1/2025||59,000||$57,673||0.62%|
|92240MBF4||VECTOR GROUP LTD 6.125 2/1/2025||45,000||$45,506||0.49%|
|33936YAA3||FLEX ACQUISITION CO INC 6.875 1/15/2025||45,000||$44,747||0.48%|
|1248EPBG7||CCO HLDGS LLC/CAP CORP 5.375 5/1/2025||40,000||$39,650||0.42%|
|595112BC6||MICRON TECHNOLOGY INC 5.5 2/1/2025||24,000||$25,020||0.27%|
All data is provided by Guggenheim Funds Distributors, LLC. Data is subject to change on a daily basis and represents a percentage of the Fund’s holdings. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.
Risk Considerations Investors should consider the following risk factors and special considerations associated with investing in the fund, which may cause you to lose money, including the entire principal amount that you invest. Interest Rate Risk: As interest rates rise, the value of fixed-income securities held by the fund are likely to decrease. Securities with longer durations tend to be more sensitive to interest rate changes, making them more volatile than securities with shorter durations. Credit/Default Risk: Issuers or guarantors of debt instruments or the counterparty to a repurchase agreement or loan of portfolio securities may be unable or unwilling to make timely interest and/or principal payments or otherwise honor its obligations. Debt instruments are subject to varying degrees of credit risk, which may be reflected in credit ratings. Securities issued by the U.S. government generally have less credit risk than debt securities of non-government issuers. However, securities issued by certain U.S. government agencies are not necessarily backed by the full faith and credit of the U.S. government. Credit rating downgrades and defaults (failure to make interest or principal payment) may potentially reduce the fund’s income and share price. High-Yield Securities Risk: High yield securities generally offer a higher current yield than that available from higher grade issues, but typically involve greater risk. Securities rated below investment grade are commonly referred to as “junk bonds.” The ability of issuers of high yield securities to make timely payments of interest and principal may be adversely impacted by adverse changes in general economic conditions, changes in the financial condition of the issuers and price fluctuations in response to changes in interest rates. Asset Class Risk: The bonds in the fund’s portfolio may underperform the returns of other bonds or indexes that track other industries, markets, asset classes or sectors. Call Risk/Prepayment Risk: During periods of falling interest rates, an issuer of a callable bond may exercise its right to pay principal on an obligation earlier than expected. This may result in the fund’s having to reinvest proceeds at lower interest rates, resulting in a decline in the fund’s income. Extension Risk: An issuer may exercise its right to pay principal on an obligation later than expected. This may happen when there is a rise in interest rates. Under these circumstances, the value of the obligation will decrease and the fund’s performance may suffer from its inability to invest in higher yielding securities. Income Risk: Falling interest rates may cause the fund’s income to decline. Liquidity Risk: Liquidity risk exists when particular investments are difficult to purchase or sell. If the fund invests in illiquid securities or securities that become illiquid, fund returns may be reduced because the fund may be unable to sell the illiquid securities at an advantageous time or price. Declining Yield Risk: During the final year of the fund’s operations, as the bonds held by the fund mature and the fund’s portfolio transitions to cash and cash equivalents, the fund’s yield will generally tend to move toward the yield of cash and cash equivalents and thus may be lower than the yields of the bonds previously held by the fund and/or prevailing yields for bonds in the market. Fluctuation of Yield and Liquidation Amount Risk: The fund, unlike a direct investment in a bond that has a level coupon payment and a fixed payment at maturity, will make distributions of income that vary over time. Unlike a direct investment in bonds, the breakdown of returns between fund distributions and liquidation proceeds are not predictable at the time of your investment. For example, at times during the fund’s existence, it may make distributions at a greater (or lesser) rate than the coupon payments received on the fund’s portfolio, which will result in the fund returning a lesser (or greater) amount on liquidation than would otherwise be the case. The rate of fund distribution payments may adversely affect the tax characterization of your returns from an investment in the fund relative to a direct investment in corporate bonds. If the amount you receive as liquidation proceeds upon the fund’s termination is higher or lower than your cost basis, you may experience a gain or loss for tax purposes. Concentration Risk: If the index concentrates in an industry or group of industries, the fund’s investments will be concentrated accordingly. In such event, the value of the fund’s shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries. Consumer Staples Sector Risk: Companies in the consumer staples sector may be adversely affected by changes in the global economy, consumer spending, competition, demographics and consumer preferences, and production spending. In addition, companies in the consumer staples sector may be subject to risks pertaining to the supply of, demand for and prices of raw materials. The fund may be adversely affected by events or developments negatively impacting the consumer staples sector or issuers within the consumer staples sector. Telecommunications Sector Risk: the telecommunications sector may be affected by extensive government regulation, industry competition and obsolescence of telecommunications products and services due to technological advancement. The fund may be adversely affected by events or developments negatively impacting the telecommunications sector or issuers within the telecommunications sector. In addition, the funds are subject to: Non-correlation risk, Replication Management Risk, Issuer-Specific Changes and Non-Diversified Fund Risk. Please read the prospectus for more detailed Information regarding these and other risks.
Fund data is subject to change on a daily basis.
Composition is subject to change. Information provided is for illustration purposes only and may not reflect current investments by the fund. Referenced companies are not affiliated with Guggenheim Investments and Guggenheim Investments does not sponsor, endorse, sell or promote the referenced companies.
Performance displayed represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Total returns reflect the reinvestment of all dividends. Current performance may be lower or higher than the performance data quoted. For up-to-date fund performance, including performance current to the most recent month-end, please visit the ETF performance page. ETFs are subject to third party transaction fees/commissions. Net asset value (NAV) is calculated by subtracting total liabilities from total assets, then dividing by the number of shares outstanding. Market close is the last price at which shares are traded. Fund shares may trade at, above or below NAV. For additional information, see the fund’s prospectus.
Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.
Investing involves risk, including the possible loss of principal.
Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investments Advisors, LLC ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisors to the referenced funds.
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