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Awards and Accolades

Guggenheim employs a rigorous team-based approach to investing, founded on the principles of behavioral finance, which allows us to make better decisions and express our best ideas in actively managed fixed income portfolios. We believe that our disciplined investment process has resulted in a suite of award winning, actively managed fixed income portfolios.


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Guggenheim Macro Opportunities Fund

2022 Best Alternative Credit Focus Fund

10-year period among 32 funds

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Barron’s Most Influential Women in U.S. Finance

Barron’s magazine has once again recognized Anne Walsh, Guggenheim Investments CIO for Fixed Income, as one of the “100 Most Influential Women in U.S. Finance” for the third year in a row.


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Morningstar Overall Star Ratings and Since Inception Rankings and Performance (6.30.2022)

Total Return Bond Fund
(GIBIX)

Based on risk-adjusted returns out of 566 Intermediate Core-Plus Bond funds.

Top 2nd Percentile

Ranked 6 out of 343 Intermediate Core-Plus Bond funds. Institutional class based on total return.

Macro Opportunities Fund
(GIOIX)

Based on risk-adjusted returns out of 302 Nontraditional Bond funds.

Top 2nd Percentile

Ranked 3 out of 111 Nontraditional Bond funds. Institutional class based on total return.

Core Bond Fund1
(GIUSX)

Based on risk-adjusted returns out of 396 Intermediate Core Bond funds.

Top 1st Percentile

Ranked 3 out of 273 Intermediate Core Bond funds. Institutional class based on total return.

Floating Rate Strategies Fund
(GIFIX)

Based on risk-adjusted returns out of 232 Bank Loan funds.

Top 4th Percentile

Ranked 6 out of 137 Bank Loan funds. Institutional class based on total return.

High Yield Fund
(SHYIX)

Based on risk-adjusted returns out of 630 High Yield Bond funds.

Top 5th Percentile

Ranked 16 out of 206 High Yield Bond funds. Institutional class based on total return.

Limited Duration Fund
(GILHX)

Based on risk-adjusted returns out of 547 Short-Term Bond funds.

Top 4th Percentile

Ranked 13 out of 372 Short-Term Bond funds. Institutional class based on total return.

Ultra Short Duration
(GIYIX)

Based on risk-adjusted returns out of 216 Ultrashort Bond funds.

Top 41st Percentile

Ranked 49 out of 118 Ultrashort Bond funds. Institutional class based on total return.

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, click here.

1 Prior to 04.23.2021 the referenced fund was named the Guggenheim Investment Grade Bond Fund.

Refinitiv Lipper Fund Awards are granted annually to the fund in each Lipper classification that achieves the highest score for Consistent Return, a measure of its historical risk-adjusted returns, relative to peers. The Best Alternative Credit Focus Fund 10-year award is granted to the fund in the Alternative Credit Focus category with the highest Lipper Leader score for Consistent Return as of 11.30 of the prior year, among 32 funds for the 10-year period in 2021. Refinitiv Lipper Fund Awards, ©2022 Refinitiv. All rights reserved. Used under license.

Source: Morningstar

Morningstar Ratings and Rankings Information: 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 absolute and percentile ranks are based on average annual total return relative to all funds in the same Morningstar category, which includes both mutual funds and ETFs, and do not include the effect of sales charges. Absolute ranks are assigned in descending order for each fund in the category, with 1 being the top performing fund. Funds with the same performance figure are assigned the same absolute rank. Percentile ranks range from 1 (top 1%) to 100 (least favorable), with no minimum number of funds per category. For example, for a category containing three funds, the ranks would be 1, 50, and 100.

Overall Morningstar Ratings are based on risk-adjusted returns and Morningstar Rankings are based on average annual total return. Inception date of 11.30.2011 for GIOIX, GIBIX, and GIFIX; 7.11.2008  for SHYIX; 1.29.2013 for GIUSX; 12.16.2013 for GILHX; and 3.11.2014 for GIYIX. The Institutional class for each fund was rated 5 stars for overall, 5 stars for 3 years, and 5 stars for 5 years among 396, 396, and 359 Intermediate Core Bond funds (Core Bond Fund), 4 stars for overall, 3 stars for 3 years, 3 stars for 5 years, and 5 stars for 10 years among 232, 232, 213, and 141 Bank Loan funds (Floating Rate Strategies Fund), 4 stars for overall, 3 stars for 3 years, 5 stars for 5 years, and 5 stars for 10 years among 630, 630, 576, and 390 High Yield funds (High Yield Fund), 4 stars for overall, 5 stars for 3 years, and 4 stars for 5 years among 547, 547, and 488 Short-Term Bond funds (Limited Duration Fund), 5 stars for overall, 4 stars for 3 years, 4 stars for 5 years, and 5 stars for 10 years among 302, 302, 265, and 122 Nontraditional Bond funds (Macro Opportunities Fund), 5 stars for overall, 4 stars for 3 years, 4 stars for 5 years, and 5 stars for 10 years among 566, 566, 504, and 361 Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 2 stars for overall, 2 stars for 3 years, and 2 stars for 5 years among 216, 216, and 177 Ultrashort Bond funds (Ultra Short Duration Fund).

The Institutional Class for the 1-year period was ranked 427 out of 440 (98th percentile) Intermediate Core Bond funds (Core Bond Fund), 47 out of 238 (24th percentile) Bank Loan funds (Floating Rate Strategies Fund), 137 out of 673 (26th percentile) High Yield funds (High Yield Fund), 248 out of 592 (43rd percentile) Short-Term Bond funds (Limited Duration Fund), 227 out of 332 (73rd percentile) Nontraditional Bond funds (Macro Opportunities Fund), 527 out of 607 (89th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 187 out of 237 (82nd percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 3-year period was ranked 23 out of 396 (4th percentile) Intermediate Core Bond funds (Core Bond Fund), 53 out of 232 (28th percentile) Bank Loan funds (Floating Rate Strategies Fund), 190 out of 630 (36th percentile) High Yield funds (High Yield Fund), 34 out of 547 (9th percentile) Short-Term Bond funds (Limited Duration Fund), 70 out of 302 (29th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 65 out of 566 (11th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 156 out of 216 (78th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 5-year period was ranked 17 out of 359 (4th percentile) Intermediate Core Bond funds (Core Bond Fund), 72 out of 213 (38th percentile) Bank Loan funds (Floating Rate Strategies Fund), 214 out of 576 (42nd percentile) High Yield funds (High Yield Fund), 68 out of 488 (17th percentile) Short-Term Bond funds (Limited Duration Fund), 78 out of 265 (33rd percentile) Nontraditional Bond funds (Macro Opportunities Fund), 70 out of 504 (16th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 117 out of 177 (69th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 10-year period was ranked 4 out of 141 (3rd percentile) Bank Loan funds (Floating Rate Strategies Fund), 4 out of 122 (3rd percentile) Nontraditional Bond funds (Macro Opportunities Fund), 6 out of 361 (4th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 23 out of 385 (6th percentile) High Yield Bond funds (High Yield Fund).

©2022 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.



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 following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Partners Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Securities offered through Guggenheim Funds Distributors, LLC.

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