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Guggenheim Floating Rate Strats A GIFAX

Analyst rating as of
NAV / 1-Day Return
23.76  /  0.05 %
Total Assets
1.2 Bil
Adj. Expense Ratio
1.040%
Expense Ratio
1.080%
Fee Level
Above Average
Longest Manager Tenure
10.99 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,500
Status
Open
TTM Yield
3.99%
Effective Duration
0.09 years

Morningstar’s Fund Analysis GIFAX

Will GIFAX outperform in future?

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

This offering's Morningstar Analyst Ratings are more about its fees and a sector thin on excess returns than its otherwise considerable capabilities.

Strategist

Summary

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Guggenheim Floating Rate Strategies boasts a credit staff rivaling that of any peer and a meticulous ‎research process. Limits on its peer-group excess-return potential as well as its own fee headwinds ‎play a role in keeping all of the strategy's Morningstar Analyst Ratings at Neutral.‎

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