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Morningstar

Guggenheim Municipal Income Instl GIJIX

Morningstar Medalist Rating
Medalist Rating as of | See Guggenheim Investment Hub
  • NAV / 1-Day Return 11.25  /  +0.01 %
  • Total Assets 23.2 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.690%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 3.11%
  • Effective Duration 6.51 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis GIJIX

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

  • People Pillar

    The People Pillar is our evaluation of the GIJIX 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 GIJIX’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 Instl to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GIJIX

More GIJIX 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