Morningstar

Guggenheim Total Return Bond Fund Class P GIBLX

Morningstar Medalist Rating
Medalist Rating as of | See Guggenheim Investment Hub
  • NAV / 1-Day Return 22.62  /  +0.22 %
  • Total Assets 29.0B
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.770%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.61%
  • Effective Duration 6.44 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:19 AM GMT+0

Morningstar’s Analysis GIBLX

Will GIBLX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GIBLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GIBLX 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 GIBLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Guggenheim Total Return Bond has validated its approach.

Senior Principal Eric Jacobson

Eric Jacobson

Senior Principal

Summary

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.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings GIBLX

More GIBLX Holdings
  • 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 3%

3.20 1B
Securitized

United States Treasury Notes 1.25%

2.59 925M
Government

Federal National Mortgage Association 2.5%

2.32 828M
Securitized

United States Treasury Notes 4%

1.49 530M
Government

United States Treasury Notes 1.875%

1.47 525M
Government

Federal National Mortgage Association 5.5%

1.46 519M
Securitized

United States Treasury Bonds 4.375%

1.31 467M
Government

Federal National Mortgage Association 5%

1.28 457M
Securitized

U.S. Treasury Bond Stripped Principal Payment

1.26 449M
Government

United States Treasury Bonds 1.75%

1.25 446M
Government

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