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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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Refiniti Lipper logo
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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 Macro Opportunities Fund

2022 Best Alternative Credit Focus Fund

10-year period among 32 funds

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Guggenheim Investments

2017 & 2018

Outstanding Achievement in Fixed Income, Asset Manager category


Morningstar Overall Star Ratings and Since Inception Rankings and Performance (3.31.2022)

Download Morningstar rankings and ratings.
 

Total Return Bond Fund
(GIBIX)

Based on risk-adjusted returns out of 569 Intermediate Core-Plus Bond funds.

Top 1st Percentile

Ranked 3 out of 348 Intermediate Core-Plus Bond funds. Institutional class based on total return.

Macro Opportunities Fund
(GIOIX)

Based on risk-adjusted returns out of 297 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 391 Intermediate Core Bond funds.

Top 1st Percentile

Ranked 3 out of 274 Intermediate Core Bond funds. Institutional class based on total return.

Floating Rate Strategies Fund
(GIFIX)

Based on risk-adjusted returns out of 228 Bank Loan funds.

Top 8th Percentile

Ranked 11 out of 137 Bank Loan funds. Institutional class based on total return.

High Yield Fund
(SHYIX)

Based on risk-adjusted returns out of 633 High Yield Bond funds.

Top 8th Percentile

Ranked 31 out of 386 High Yield Bond funds. Institutional class based on total return.

Limited Duration Fund
(GILHX)

Based on risk-adjusted returns out of 560 Short-Term Bond funds.

Top 4th Percentile

Ranked 16 out of 380 Short-Term Bond funds. Institutional class based on total return.

Ultra Short Duration
(GIYIX)

Based on risk-adjusted returns out of 214 Ultrashort Bond funds.

Top 31st Percentile

Ranked 38 out of 121 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.

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, was rated 5 stars for overall, 5 stars for 3 years, and 5 stars for 5 years among 391, 391, and 356 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 228, 228, 212, and 140 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 633, 633, 567, and 375 (High Yield Fund); 4 stars for overall, 5 stars for 3 years, and 4 stars for 5 years among 560, 560, and 480 Short-Term Bond funds (Limited Duration Fund); 5 stars for overall, 5 stars for 3 years, 4 stars for 5 years and 5 stars for 10 years among 297, 297, 261, and 119 Nontraditional Bond funds (Macro Opportunities Fund); 5 stars for overall, 5 stars for 3 years, 5 stars for 5 years and 5 stars for 10 years among 569, 569, 502, and 356 Intermediate Core-Plus Bond funds (Total Return Bond Fund); and 3 stars for overall, 3 stars for 3 years, and 3 stars for 5 years among 214, 214, and 176 Ultrashort Bond funds (Ultra Short Duration Fund).

The Institutional Class for the 1-year period was ranked 74 out of 431 (15th percentile) Intermediate Core Bond funds (Core Bond Fund), 49 out of 237 (19th percentile) Bank Loan funds (Floating Rate Strategies Fund), 148 out of 677 (22nd percentile) High Yield funds (High Yield Fund), 59 out of 607 (14th percentile) Short-Term Bond funds (Limited Duration Fund), 94 out of 325 (35th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 76 out of 602 (15th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 137 out of 236 (63rd percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 3-year period was ranked 10 out of 391 (2nd percentile) Intermediate Core Bond funds (Core Bond Fund), 63 out of 228 (28th percentile) Bank Loan funds (Floating Rate Strategies Fund), 228 out of 633 (39th percentile) High Yield funds (High Yield Fund), 59 out of 560 (13th percentile) Short-Term Bond funds (Limited Duration Fund), 33 out of 297 (13th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 46 out of 569 (7th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 117 out of 214 (57th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 5-year period was ranked 4 out of 356 (2nd percentile) Intermediate Core Bond funds (Core Bond Fund), 84 out of 212 (41st percentile) Bank Loan funds (Floating Rate Strategies Fund), 272 out of 567 (49th percentile) High Yield funds (High Yield Fund), 49 out of 480 (14th percentile) Short-Term Bond funds (Limited Duration Fund), 36 out of 261 (17th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 40 out of 502 (8th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 74 out of 176 (47th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 10-year period was ranked 8 out of 140 (6th percentile) Bank Loan funds (Floating Rate Strategies Fund), 30 out of 375 (9th percentile) High Yield funds (High Yield Fund) 3 out of 119 (2nd percentile) Nontraditional Bond funds (Macro Opportunities Fund), and 3 out of 356 (2nd percentile) Intermediate Core-Plus Bond funds (Total Return Bond 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.

©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 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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