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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.

Barron's Award
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Barron’s Best Fund Families of 2020

#1 Taxable Bond Fund Family
#2 Overall Fund Family

Based on total return out of 53 fund families

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Guggenheim Investments

2017 & 2018

Outstanding Achievement in Fixed Income, Asset Manager category


Morningstar Overall Star Ratings and Since Inception Rankings (9.30.2021)

Download Morningstar rankings and ratings.
 

Total Return Bond Fund
(GIBIX)

Based on risk-adjusted returns out of 571 Intermediate Core-Plus Bond funds.

Top 1st Percentile

Ranked 2 out of 361 Intermediate Core-Plus Bond funds. Institutional class, as of 9.30.2021

Macro Opportunities Fund
(GIOIX)

Based on risk-adjusted returns out of 310 Nontraditional Bond funds.

Top 1st Percentile

Ranked 2 out of 127 Nontraditional Bond funds. Institutional class, as of 9.30.2021

Core Bond Fund1
(GIUSX)

Based on risk-adjusted returns out of 571 Intermediate Core-Plus Bond funds.

Top 1st Percentile

Ranked 2 out of 390 Intermediate Core-Plus Bond funds. Institutional class, as of 9.30.2021

High Yield Fund
(SHYIX)

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

Top 8th Percentile

Ranked 30 out of 389 High Yield Bond funds. Institutional class, as of 9.30.2021

Limited Duration Fund
(GILHX)

Based on risk-adjusted returns out of 550 Short-Term Bond funds.

Top 6th Percentile

Ranked 24 out of 391 Short-Term Bond funds. Institutional class, as of 9.30.2021

Ultra Short Duration
(GIYIX)

Based on risk-adjusted returns out of 213 Ultrashort Bond funds.

Top 27th Percentile

Ranked 35 out of 126 Ultrashort Bond funds. Institutional class, as of 9.30.2021

Floating Rate Strategies Fund
(GIFIX)

Based on risk-adjusted returns out of 226 Bank Loan funds.

Top 9th Percentile

Ranked 13 out of 137 Bank Loan funds. Institutional class, as of 9.30.2021

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.

The WealthManagement.com Executive Forum and Industry Awards recognize the companies and organizations that support financial advisor success. The Asset Managers: Fixed Income subcategory winner is selected based on a new initiative or program, or an enhancement to an existing platform, that improves advisors’ understanding, usage and portfolio management of fixed income. Initiatives can include areas such as research tools, practice management programs, wholesaler support, service improvements, technology enhancements, etc. Criteria include quantitative measures—such as specific feature set, usage, adoption, scope, scale, advisor survey scores, etc.—along with qualitative measures such as innovation, creativity, new methods of deployment, etc. For the 2017 awards, WealthManagement.com received 470 submissions from firms across 72 awards categories. For the 2018 awards, WealthManagement.com received 600 submissions from firms across 67 categories. A panel of judges from the financial services industry selected the finalists and award winners. For more details, visit events.wealthmanagement.com.

In the overall Barron’s Top Fund Families rankings for the period ending 12.31.2020, Guggenheim ranked 2 out of 53 companies over the 1-year period; 18 out of 50 over the 5-year period; and 29 out of 44 over the 10-year period. Copyright ©2020 Dow Jones & Company, All Rights Reserved. Barron's Fund Family Rankings are calculated without the impact of expenses such as 12b-1 fees, front-end loads or sales charges, which would reduce returns. Each fund’s performance is measured against all of the other funds in its Lipper category, with a percentile ranking of 100 being the highest and one the lowest. This result is then weighted by asset size, relative to the fund family’s other assets in its general classification. To be included in the ranking, a firm must have at least three funds in the general equity category, one world equity, one mixed equity (such as a balanced or target-date fund), two taxable bond funds, and one national tax-exempt bond fund. Single-sector and country equity funds are factored into the rankings as general equity. All passive index funds are excluded, such as pure index, enhanced index, and index-based, but actively managed ETFs and smart-beta ETFs are included. Finally, the score is multiplied by the weighting of its general classification, as determined by the entire Lipper universe of funds. Please see www.barrons.com for more information about the rankings.

Source: Morningstar

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; 8.21.2012 (current manager inception) 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, based on its risk-adjusted returns, 3 stars for overall, 3 years, and 5 years among 229, 229, and 205 Bank Loan funds (Floating Rate Strategies Fund); 4 stars for overall, 3 stars for 3 years, 3 stars for 5 years, and 5 stars for 10 years among 630, 630, 552, and 358 High Yield funds (High Yield Fund); 5 stars for overall, 4 stars for 3 years, and 5 stars for 5 years among 571, 571, and 498 Intermediate Core-Plus Bond funds (Core Bond Fund); 4 stars for overall, 3 stars for 3 years, and 4 stars for 5 years among 550, 550, and 485 Short-Term Bond funds (Limited Duration Fund); 5 stars for overall, 4 stars for 3 years, and 5 years among 310, 310, and 282 Nontraditional Bond funds (Macro Opportunities Fund); 5 stars for overall, 4 stars for 3 years, and 5 stars for 5 years among 571, 571, and 498 Intermediate Core-Plus Bond funds (Total Return Bond Fund); and 4 stars for overall, 3 stars for 3 years, and 4 stars for 5 years among 213, 213, and 168 Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 1-year period was ranked 90 out of 236 (30th percentile) Bank Loan funds (Floating Rate Strategies Fund), 262 out of 677 (36th percentile) High Yield funds (High Yield Fund), 134 out of 614 (22nd percentile) Intermediate Core-Plus Bond funds (Core Bond Fund), 200 out of 603 (30th percentile) Short-Term Bond funds (Limited Duration Fund), 62 out of 351 (22nd percentile) Nontraditional Bond funds (Macro Opportunities Fund), 105 out of 614 (18th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 65 out of 241 (26th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 3-year period was ranked 85 out of 226 (44th percentile) Bank Loan funds (Floating Rate Strategies Fund), 358 out of 630 (57th percentile) High Yield funds (High Yield Fund), 121 out of 571 (19th percentile) Intermediate Core-Plus Bond funds (Core Bond Fund),244 out of 550 (47th percentile) Short-Term Bond funds (Limited Duration Fund), 74 out of 310 (25th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 92 out of 571 (14th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 91 out of 213 (50th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 5-year period was ranked 95 out of 205 (45th percentile) Bank Loan funds (Floating Rate Strategies Fund), 208 out of 552 (38th percentile) High Yield funds (High Yield Fund), 25 out of 498 (5th percentile) Intermediate Core-Plus Bond funds (Core Bond Fund), 52 out of 485 (13th percentile) Short-Term Bond funds (Limited Duration Fund), 36 out of 282 (12th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 23 out of 498 (4th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 49 out of 168 (34th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 10-year period was ranked 25 out of 358 (7th percentile) High Yield funds (High Yield Fund).

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.

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.

©2021 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 Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (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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