Guggenheim Floating Rate's considerable resources and management structure provide stability and engender confidence. The strategy carries Above Average People and Process ratings.
Guggenheim Floating Rate Strats Instl GIFIX
- NAV / 1-Day Return 24.58 / +0.02 %
- Total Assets 1.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 8.52%
- Effective Duration 0.13 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0
Morningstar’s Analysis GIFIX
Will GIFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes US Treas Cash Res IS | 3.72 | 37.7 Mil | Cash and Equivalents |
SPDR Blackstone Senior Loan ETF | 2.80 | 28.4 Mil | — |
Bombardier Recreational Products, Inc. | 0.96 | 9.8 Mil | Corporate |
Arcline Fm Holdings Llc | 0.93 | 9.4 Mil | Corporate |
Osmosis Holdings Australia Ii Pty Ltd. | 0.90 | 9.1 Mil | Corporate |
Del Monte Foods, Inc. | 0.88 | 8.9 Mil | Corporate |
Ascend Learning Llc | 0.86 | 8.8 Mil | Corporate |
American Bath Group Llc | 0.85 | 8.6 Mil | Corporate |
Athenahealth Group, Inc. | 0.84 | 8.5 Mil | Corporate |
Medical Solutions Parent Holdings, Inc. | 0.84 | 8.5 Mil | Corporate |