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Guggenheim Diversified Income Fund completes plan of liquidation – January 23, 2024.

Diversified Income

Price N/A
Change N/A / N/A
As of 1/1/01

Investment Strategy

Seeks to achieve high current income with consideration for capital appreciation.

Fund Highlights and Applications

  • Income and Growth Opportunity - Diversified global portfolio with exposure across multiple asset classes that seeks to provide attractive and consistent income and an opportunity for growth.
  • Utilizes a Diverse Set of Alternative Income Sources - Broad investment universe that expands the traditional income landscape to access a diverse set of alternative income sources, such as bank loans, equity REITs, infrastructure-related equities, and closed-end funds.
  • Employs Dynamic Risk and Volatility Management - Dynamic portfolio management that seeks to adapt to changing market conditions in order to produce attractive current income, while managing unintended risks and equity volatility.


Most Recent Income $0.120865
Dividend $0.120865
Most Recent Capital Gain $0.000000

Fees and Expenses

Gross Expense Ratio 4.28%
Net Expense Ratio 1.60%  

Symbols & CUSIPs

Class Symbol CUSIP Inception
A GUDAX 40169J770 1/29/16
C GUDCX 40169J762 1/29/16
Institutional GUDIX 40169J754 1/29/16
P GUDPX 40169J739 1/29/16

Investment Team

Farhan Sharaff, Assistant Chief Investment Officer, Equities, Senior Managing Director and Portfolio Manager
Qi Yan, Managing Director and Portfolio Manager


Fund Type Alternative
Distribution Frequency Monthly (if applicable)
Benchmark Primary: Bloomberg U.S. Aggregate Bond Index, Secondary: 70% Bloomberg U.S. Aggregate Bond Index/30% MSCI World Index
Telephone 800.820.0888
Trading Hours Phone: 9:30 AM - 4:00 PM ET
Web: 9:30 AM - 4:00 PM ET
Note: Each financial intermediary may have its own rules about shares transactions, and may have earlier cut - off times for processing your transaction.
Investment Adviser Guggenheim Partners Investment Management, LLC
Distributor Guggenheim Funds Distributors, LLC
Diversification neither assures a profit nor eliminates the risk of experiencing investment losses.

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. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized. Load performance shown reflects maximum sales charges or contingent deferred sales charges (CDSC) as applicable. Class A-shares have a maximum sales charge of 4.00%. Class C-shares have a maximum CDSC of 1% for shares redeemed within 12 months of purchase.

Data is subject to change on a daily basis. Partial year returns are cumulative, not annualized. Returns reflect the reinvestment of dividends.

This Fund may not be suitable for all investors. • The Fund’s market value and yield will change in response to interest rate changes and market conditions among other factors. In general, bond prices rise when interest rates fall and vice versa. • High yield securities can be more volatile than investment grade securities and have a greater risk of default • Derivatives may pose risks in addition to and greater than those associated with investing directly in securities or other investments, including risks relating to leverage, imperfect correlations with underlying investments or the Fund’s other portfolio holdings, high price volatility, lack of availability, counterparty credit, liquidity, valuation and legal restrictions. • Stock prices, especially stock prices of smaller companies, can be volatile as they reflect changes in the issuing company’s financial conditions and changes in the overall market  •  Some asset-backed securities, including mortgage-backed securities, may have structures that make their reaction to interest rates and other factors difficult to predict, making their prices very volatile and they are subject to liquidity risk.• The Fund’s investments in other investment vehicles subject the Fund to those risks and expenses affecting the investment vehicle. • The Fund’s investments in foreign securities carry additional risks when compared to U.S. securities, due to the impact of diplomatic, political or economic developments in the country in question (investments in emerging markets securities are generally subject to an even greater level of risks). • Investments in syndicated bank loans generally offer a floating interest rate and involve special types of risks. • Master limited partnerships ("MLPs") are subject to certain risks inherent in the structure of MLPs, including tax risks, limited control and voting rights and potential conflicts of interest. • The Fund’s investments in real estate securities subject the Fund to the same risks as direct investments in real estate, which is particularly sensitive to economic downturns. • Please read the prospectus for more detailed information regarding these and other risks.

Leveraging will exaggerate the effect on NAV of any increase or decrease in the market value of the Fund’s portfolio.

The Advisor has contractually agreed to waive fees and expenses through February 1, 2024 to limit the ordinary operating expenses of the Fund. The Fund may have net expenses greater than the expense cap as a result of any acquired fund fees and expenses or other expenses that are excluded from the calculation. Total annual operating expenses vary by share class. See the prospectus for information on the fees and expenses that apply to each share class.

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 Japan Limited, and GS GAMMA Advisors, LLC.

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

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