Guggenheim Active INvestment Series (GAINS) Funds are unique registered investment companies designed solely for use within Guggenheim's Separately Managed Account (SMA) strategies. All fees are charged at the SMA level, so the GAINS have zero advisory fees and reimburse all ordinary operating expenses (excluding certain expenses such acquired fund fees and expenses or short dividend expenses, if applicable).
GAINS funds allow SMAs to access investments that otherwise could not be held directly, including but not limited to asset backed securities, collateralized loan obligations, non-agency residential mortgage-backed and/or commercial mortgage-backed securities, high yield corporates, bank loans, and derivatives to hedge various risk components and/or to express a directional view.
GAINS are accessible solely to SMA clients through 3rd party sponsored managed account programs and are not available for direct investment.
Distribution Yield † |
5.65% |
30-Day Subsidized SEC Yield ‡ | 5.30% |
30-Day Unsubsidized SEC Yield ‡ | 1.56% |
Gross Expense Ratio | 0.13% |
Net Expense Ratio | 0.00% |
Class | Symbol | CUSIP | Inception |
---|---|---|---|
SMA | GULDX | 40169J473 | 8/14/24 |
Guggenheim Active INvestment Series (GAINS) Funds are unique registered investment companies designed solely for use within Guggenheim's Separately Managed Account (SMA) strategies. All fees are charged at the SMA level, so the GAINS have zero advisory fees and reimburse all ordinary operating expenses (excluding certain expenses such acquired fund fees and expenses or short dividend expenses, if applicable).
GAINS funds allow SMAs to access investments that otherwise could not be held directly, including but not limited to asset backed securities, collateralized loan obligations, non-agency residential mortgage-backed and/or commercial mortgage-backed securities, high yield corporates, bank loans, and derivatives to hedge various risk components and/or to express a directional view.
GAINS are accessible solely to SMA clients through 3rd party sponsored managed account programs and are not available for direct investment.
Investment Adviser | Guggenheim Partners Investment Management, LLC |
Distributor | Guggenheim Funds Distributors, LLC |
The Net Expense Ratio reflects a contractual fee waiver by the Adviser through February 1, 2026, to limit the ordinary operating expenses of the Fund.
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 Wealth Solutions, 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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