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5 Years of Award-Winning
Fixed-Income Expertise

Guggenheim’s Flagship Fixed Income Mutual Funds Achieve 5-Year Track Records,
Maintain 5-Star Overall Morningstar Ratings.

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Liper Award

Total Return Bond Fund
(GIBIX)

Based on risk-adjusted returns out of 858
Intermediate-Term Bond funds.

Top 1st Percentile

Ranked 1 out of 755 intermediate-Term Bond funds.
Institutional class, as of 11.30.2016
 

View Standardized Performance

Anne Walsh

Senior Managing Director and Assistant Chief Investment Officer

Total Return Bond Fund

Fact Card  Commentary

Macro Opportunities Fund
(GIOIX)

Based on risk-adjusted returns out of 218
Nontraditional Bond funds.

Top 1st Percentile

Ranked 1 out of 152 Nontraditional Bond funds.
Institutional class, as of 11.30.2016
Created with Highcharts 4.2.55 YEARS6.49%0.11%2.78%Guggenheim Macro Opportunities FundBofA ML 3-Month U.S. Treasury Bill IndexMorningstar Category Average00%4%8%

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James Michal

Senior Managing Director and Portfolio Manager

Macro Opportunities Fund

Fact Card  Commentary

Floating Rate Strategies Fund
(GIFIX)

Based on risk-adjusted returns out of 207
Bank Loan funds

Top 4th Percentile

Ranked 7 out of 155 Bank Loan funds.
Institutional class, as of 11.30.2016
Created with Highcharts 4.2.55 YEARS5.82%5.20%4.39%Guggenheim Floating Rate Strategies FundCredit Suisse Leveraged Loan IndexMorningstar Category Average00%4%8%

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Tom Hauser

Managing Director and Portfolio Manager

Floating Rate Strategies Fund

Fact Card  Commentary

Morningstar Overall Star Ratings and 5-Year Rankings (11.30.2016)1

Institutional Class

Total Return Bond Fund
(GIBIX)

Based on risk-adjusted returns out of 858 Intermediate-Term Bond funds.

Top 1st Percentile

Ranked 1 out of 755 Intermediate-Term Bond funds.

Macro Opportunities Fund
(GIOIX)

Based on risk-adjusted returns out of 218 Nontraditional Bond funds.

Top 1st Percentile

Ranked 1 out of 152 Nontraditional Bond funds.

Floating Rate Strategies Fund
(GIFIX)

Based on risk-adjusted returns out of 207
Bank Loan funds.

Top 4th Percentile

Ranked 7 out of 155 Bank Loan funds.

Investment Grade Bond Fund
(GIUSX)

Based on risk-adjusted returns out of 858 Intermediate-Term Bond funds.

Top 1st Percentile

Ranked 7 out of 858 Intermediate-Term Bond funds for 3 years.

High Yield Fund
(SHYIX)

Based on risk-adjusted returns out of 605 
High Yield Bond funds.

Top 2nd Percentile

Ranked 10 out of 469 High Yield Bond funds.

Performance displayed represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. To view standardized performance including performance current to the most recent month end, CLICK HERE.


Morningstar Rankings and Ratings

(as of 11.30.2016)

Fund returns have been affected by market volatility and may be negative for some periods. View the most up-to-date standardized total returns.

Morningstar Ratings are based on risk-adjusted returns and Morningstar Rankings are based on average annual total return.


Floating Rate Strategies

Class Morningstar Category Overall Star Rating
Inst'l Bank Loan 5 Stars
Bank Loan 5 Stars
C Bank Loan 4 Stars
P Bank Loan -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 65 (144 out of 221) 5 Stars
Percentile Rank: 1 (3 out of 207)
5 Stars
Percentile Rank: 4 (7 out of 155)
-
A Percentile Rank: 70 (156 out of 221) 5 Stars
Percentile Rank: 6 (12 out of 207)
5 Stars
Percentile Rank: 6 (9 out of 155)
-
C Percentile Rank: 87 (193 out of 221) 3 Stars
Percentile Rank: 41 (85 out of 207)
4 Stars
Percentile Rank: 29 (46 out of 155)
-
P Percentile Rank: 71 (158 out of 221) - - -

High Yield

Class Morningstar Category Overall Star Rating
Inst'l High Yield Bond 5 Stars
A High Yield Bond 5 Stars
C High Yield Bond 4 Stars
P High Yield Bond -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 5 (33 out of 703) 5 Stars
Percentile Rank: 2 (11 out of 605)
5 Stars
Percentile Rank: 2 (10 out of 469)
-
A Percentile Rank: 7 (49 out of 703) 5 Stars
Percentile Rank: 4 (20 out of 605)
5 Stars
Percentile Rank: 4 (18 out of 469)
4 Stars
Percentile Rank: 10 (31 out of 311)
C Percentile Rank: 15 (102 out of 703) 4 Stars
Percentile Rank: 16 (97 out of 605)
4 Stars
Percentile Rank: 12 (57 out of 469)
3 Stars
Percentile Rank: 37 (115 out of 311)
P Percentile Rank: 7 (50 out of 703) - - -

Investment Grade Bond

Class Morningstar Category Overall Star Rating
Inst'l Intermediate-Term Bond 5 Stars
A Intermediate-Term Bond 4 Stars
C Intermediate-Term Bond 3 Stars
P Intermediate-Term Bond -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 3 (27 out of 967) 5 Stars
Percentile Rank: 1 (7 out of 858)
- -
A Percentile Rank: 4 (39 out of 967) 5 Stars
Percentile Rank: 2 (14 out of 858)
5 Stars
Percentile Rank: 2 (13 out of 755)
2 Stars
Percentile Rank: 77 (409 out of 531)
C Percentile Rank: 10 (96 out of 967) 5 Stars
Percentile Rank: 6 (48 out of 858)
5 Stars
Percentile Rank: 11 (78 out of 755)
1 Stars
Percentile Rank: 89 (474 out of 531)
P Percentile Rank: 4 (35 out of 967) - - -

Limited Duration

Class Morningstar Category Overall Star Rating
Inst'l  Short-Term Bond -
A Short-Term Bond -
C Short-Term Bond -
P Short-Term Bond -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 5 (27 out of 532) - - -
A Percentile Rank: 7 (36 out of 532) - - -
C Percentile Rank: 14 (74 out of 532) - - -
P Percentile Rank: 7 (35 out of 532) - - -

Macro Opportunities

Class Morningstar Category Overall Star Rating
Inst'l Nontraditional Bond 5 Stars
A Nontraditional Bond 5 Stars
C Nontraditional Bond 5 Stars
P Nontraditional Bond -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 9 (31 out of 355) 5 Stars
Percentile Rank: 4 (8 out of 218)
5 Stars
Percentile Rank: 1 (1 out of 152)
-
A Percentile Rank: 11 (37 out of 355) 5 Stars
Percentile Rank: 6 (13 out of 218)
5 Stars
Percentile Rank: 1 (2 out of 152)
-
C Percentile Rank: 13 (45 out of 355) 4 Stars
Percentile Rank: 15 (33 out of 218)
5 Stars
Percentile Rank: 3 (5 out of 152)
-
P Percentile Rank: 10 (35 out of 355) - - -

Municipal Income

Class Morningstar Category Overall Star Rating
Inst'l Muni National Long 3 Stars
A Muni National Long 2 Stars
C Muni National Long 1 Stars
P Muni National Long -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 66 (110 out of 165) 3 Stars
Percentile Rank: 25 (37 out of 146)
- -
A Percentile Rank: 80 (133 out of 165) 2 Stars
Percentile Rank: 41 (60 out of 146)
2 Stars
Percentile Rank: 56 (76 out of 134)
1 Stars
Percentile Rank: 95
(100 out of 105)
C Percentile Rank: 92 (153 out of 165) 1 Stars
Percentile Rank: 80 (117 out of 146)
- -
P Percentile Rank: 77 (127 out of 165) - - -

Total Return Bond

Class Morningstar Category Overall Star Rating
Inst'l Intermediate-Term Bond 5 Stars
A Intermediate-Term Bond 5 Stars
C Intermediate-Term Bond 5 Stars
P Intermediate-Term Bond -
Class 1-Year 3-Year 5-Year 10-Year
Inst'l Percentile Rank: 2 (15 out of 967) 5 Stars
Percentile Rank: 1 (4 out of 858)
5 Stars
Percentile Rank: 1 (1 out of 755)
-
A Percentile Rank: 3 (22 out of 967) 5 Stars
Percentile Rank: 1 (6 out of 858)
5 Stars
Percentile Rank: 1 (3 out of 755)
-
C Percentile Rank: 5 (47 out of 967) 5 Stars
Percentile Rank: 4 (28 out of 858)
5 Stars
Percentile Rank: 1 (7 out of 755)
-
P Percentile Rank: 2 (19 out of 967) - - -

Source: Morningstar

The Morningstar Rating for funds, or "star rating", is calculated for managed products with at least a three-year history and does not include the effect of sales charges. Exchange-traded funds and open-end mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.

Morningstar Rankings do not include the effect of a fund's sales load, if applicable. Other share classes may have different performance characteristics. Morningstar rankings are based on a fund's average annual total return relative to all funds in the same Morningstar category, which includes both mutual funds and ETFs. Fund performance used within the rankings, reflects certain fee waivers, without which, returns and Morningstar rankings would have been lower. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top-performing fund in a category will always receive a rank of 1. Multiple share classes of a fund have a common portfolio but impose different expense structures.

©2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary of Morningstar and /or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, nor its content providers, are responsible for any damages or losses arising from any use of its information.

The Funds may not be suitable for all investors. Investments in fixed-income securities are subject to the possibility that interest rates could rise, causing the value of the Funds’ securities and share price to decline. Fixed-income securities with longer durations are subject to more volatility than those with shorter durations. High yield, below investment grade, and unrated debt securities are subject to greater volatility and risk of default than investment grade bonds and may be less liquid. Some asset-backed securities, including mortgage-backed securities and CLOs, may have structures that make their reaction to interest rates and other factors difficult to predict, causing their prices to be volatile; and they are subject to interest rate, credit, liquidity, and valuation risks. Loan investments are often below investment grade or unrated and subject to special types of risks, including credit, interest rate, counterparty, and prepayment risk. The Funds’ use of leverage, through borrowings or instruments such as derivatives, may cause the Funds to be more volatile and riskier than if they had not been leveraged. Please see the Funds’ prospectus for more information on these and other risks.

©2016 Guggenheim Investments. All Rights Reserved.

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

Read the fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and 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.

The referenced funds are distributed by Guggenheim Funds Distributors, LLC. Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC ("Guggenheim"), which includes Guggenheim Partners Investment Management ("GPIM") and Security Investors, LLC ("SI"), the investment advisors to the referenced funds. Guggenheim Funds Distributors, LLC, is affiliated with Guggenheim, SI, and GPIM.