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Morningstar

Guggenheim Municipal Income C GIJCX

Morningstar Medalist Rating
Medalist Rating as of | See Guggenheim Investment Hub
  • NAV / 1-Day Return 11.24  /  −0.08 %
  • Total Assets 23.2 Mil
  • Adj. Expense Ratio
    1.690%
  • Expense Ratio 1.700%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.12%
  • Effective Duration 6.49 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis GIJCX

Will GIJCX outperform in 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 GIJCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Guggenheim Municipal Income C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings GIJCX

More GIJCX Holdings
  • 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