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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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Wealth Management logo
Lipper 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

Alt Credit

Guggenheim Macro Opportunities Fund

Credit '40 act

Lipper logo

Guggenheim Macro Opportunities Fund

2018, 2017, 2016, 2015

Best Alternative Credit Focus Fund

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Guggenheim Investments

2017 & 2018

Outstanding Achievement in Fixed Income, Asset Manager category


Total Return Bond Fund
(GIBIX)

Based on risk-adjusted returns out of 534 Intermediate Core-Plus Bond funds.

Top 2nd Percentile

Ranked 9 out of 464 Intermediate Core-Plus Bond funds. Institutional class, as of 12.31.2020

Investment Grade Bond Fund
(GIUSX)

Based on risk-adjusted returns out of 543 Intermediate Core-Plus Bond funds.

Top 4th Percentile

Ranked 15 out of 464 Intermediate Core-Plus Bond funds. Institutional class, as of 12.31.2020

Limited Duration Fund
(GILHX)

Based on risk-adjusted returns out of 514 Short-Term Bond funds.

Top 9th Percentile

Ranked 40 out of 458 Short-Term Bond funds. Institutional class, as of 12.31.2020

Macro Opportunities Fund
(GIOIX)

Based on risk-adjusted returns out of 269 Nontraditional Bond funds.

Top 13th Percentile

Ranked 32 out of 240 Nontraditional Bond funds. Institutional class, as of 12.31.2020

High Yield Fund
(SHYIX)

Based on risk-adjusted returns out of 627 High Yield Bond funds.

Top 33rd Percentile

Ranked 176 out of 554 High Yield Bond funds. Institutional class, as of 12.31.2020

Ultra Short Duration
(GIYIX)

Based on risk-adjusted returns out of 172 Ultrashort Bond funds.

Top 29th Percentile

Ranked 39 out of 131 Ultrashort Bond funds. Institutional class, as of 6.30.2020

Floating Rate Strategies Fund
(GIFIX)

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

Top 59th Percentile

Ranked 116 out of 207 Bank Loan funds. Institutional class, as of 12.31.2020

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.

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.

Thomson Reuters Lipper Awards: Lipper 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 3 and 5 year awards are 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 111 funds for the 5-year period in 2018, among 155 funds for the 3-year period and 114 funds for the 5-year period in 2017, among 129 funds for the 3-year period in 2016, and among 114 funds for the 3-year period in 2015. ©2018 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.

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; 29 out of 44 over the 10-year period; and 4 out of 55 in the World Equity category over the 1-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. The Institutional class for each fund was rated, based on its risk-adjusted returns, 3 stars for overall, 3 stars for 3 years, and 3 stars for 5 years among 232, 232, and 207 Bank Loan funds (Floating Rate Strategies Fund); 4 stars for overall, 3 stars for 3 years, 4 stars for 5 years, and 4 stars for 10 years among 627, 627, 554, and 351 High Yield funds (High Yield Fund); 5 stars for overall, 5 stars for 3 years, and 5 stars for 5 years among 543, 543, and 464 Intermediate Core-Plus Bond funds (Investment Grade Bond Fund); 5 stars for overall, 4 stars for 3 years, and 5 stars for 5 years among 514, 514, and 458 Short-Term Bond funds (Limited Duration Fund); 4 stars for overall, 4 stars for 3 years, and 4 stars for 5 years among 269, 269, and 240 Nontraditional Bond funds (Macro Opportunities Fund); 5 stars for overall, 5 stars for 3 years, and 5 stars for 5 years among 543, 543, and 464 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 172, 172, and 131 Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 1-year period was ranked 104 out of 245 (51st percentile) Bank Loan funds (Floating Rate Strategies Fund), 342 out of 676 (52nd percentile) High Yield funds (High Yield Fund), 33 out of 602 (3rd percentile) Intermediate Core-Plus Bond funds (Investment Grade Bond Fund), 29 out of 574 (3rd percentile) Short-Term Bond funds (Limited Duration Fund), 14 out of 316 (4th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 29 out of 602 (3rd percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 66 out of 212 (33rd percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 3-year period was ranked 116 out of 232 (55th percentile) Bank Loan funds (Floating Rate Strategies Fund), 408 out of 627 (65th percentile) High Yield funds (High Yield Fund), 44 out of 543 (6th percentile) Intermediate Core-Plus Bond funds (Investment Grade Bond Fund), 123 out of 514 (25th percentile) Short-Term Bond funds (Limited Duration Fund), 54 out of 269 (19th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 41 out of 543 (6th percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 82 out of 172 (53rd percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 5-year period was ranked 116 out of 207 (59th percentile) Bank Loan funds (Floating Rate Strategies Fund), 176 out of 554 (33rd percentile) High Yield funds (High Yield Fund), 15 out of 464 (4th percentile) Intermediate Core-Plus Bond funds (Investment Grade Bond Fund), 40 out of 458 (9th percentile) Short-Term Bond funds (Limited Duration Fund), 32 out of 269 (13th percentile) Nontraditional Bond funds (Macro Opportunities Fund), 9 out of 464 (2nd percentile) Intermediate Core-Plus Bond funds (Total Return Bond Fund), and 39 out of 131 (29th percentile) Ultrashort Bond funds (Ultra Short Duration Fund). The Institutional Class for the 10-year period was ranked 91 out of 351 (29th 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.

©2020 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, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Securities offered through Guggenheim Funds Distributors, LLC.

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