Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Guggenheim Municipal Income P GIJPX
- NAV / 1-Day Return 11.31 / −0.06 %
- Total Assets 23.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.940%
- Distribution Fee Level High
- Share Class Type No Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 3.00%
- Effective Duration 6.51 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis GIJPX
Will GIJPX 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
|
---|---|---|---|
Dreyfus Tx-Ex Cash Mgmt Instl | 6.49 | 1.7 Mil | Corporate |
FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 3.15% | 4.16 | 1.1 Mil | municipal |
MICHIGAN TECHNOLOGICAL UNIV REVS 5.25% | 4.14 | 1.1 Mil | municipal |
MAINE HEALTH & HIGHER EDL FACS AUTH REV 5.25% | 4.12 | 1.1 Mil | municipal |
NEBRASKA INVT FIN AUTH SINGLE FAMILY HSG REV 4.95% | 4.11 | 1.1 Mil | municipal |
PENNSYLVANIA HSG FIN AGY SINGLE FAMILY MTG REV 4.95% | 4.11 | 1.1 Mil | municipal |
METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN HEALTH & EDL FACS BRD MULT | 3.64 | 971,612 | municipal |
U.S. Secured Overnight Financing Rate | 3.31 | 884,344 | Cash and Equivalents |
NEW MEXICO FIN AUTH REV 5.25% | 3.18 | 849,611 | municipal |
WESTCHESTER CNTY N Y LOC DEV CORP REV 5.75% | 3.17 | 846,355 | municipal |