Former CIO Scott Minerd, who passed away in 2022, developed the approach. It’s a distinctive framework that draws on lessons from behavioral finance to decentralize decision-making among groups focused on macro research, sector research, portfolio construction, and portfolio management. Each group uses a deliberate, slowed-down process to avoid mistakes. This fund and its siblings have very strong records, including over the more than three years since Minerd’s passing.
Guggenheim Total Return Bond Fund Institutional Class GIBIX
- NAV / 1-Day Return 23.74 / −0.08 %
- Total Assets 32.1B
-
Adj. Expense Ratio
0.460%
- Expense Ratio 0.480%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 2M
- Status Open
- TTM Yield 5.09%
- Effective Duration 6.44 years
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis GIBIX
Will GIBIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the GIBIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of GIBIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Federal National Mortgage Association 5% | 4.72 | 2B | Securitized |
Federal National Mortgage Association 3% | 3.04 | 1B | Securitized |
Federal National Mortgage Association 2.5% | 2.20 | 833M | Securitized |
Government National Mortgage Association 5% | 2.14 | 807M | Securitized |
United States Treasury Notes 4% | 1.41 | 534M | Government |
United States Treasury Notes 1.875% | 1.38 | 521M | Government |
Federal National Mortgage Association 5.5% | 1.37 | 519M | Securitized |
Federal National Mortgage Association 5% | 1.35 | 511M | Securitized |
United States Treasury Bonds 4.375% | 1.24 | 469M | Government |
U.S. Treasury Bond Stripped Principal Payment | 1.17 | 443M | Government |
United States