Morningstar

Guggenheim Limited Duration Fund A-Class GILDX

Morningstar Medalist Rating
Medalist Rating as of | See Guggenheim Investment Hub
  • NAV / 1-Day Return 24.16  /  −0.04 %
  • Total Assets 5.3B
  • Adj. Expense Ratio
    0.720%
  • Expense Ratio 0.720%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.43%
  • Effective Duration 2.17 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis GILDX

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

  • People Pillar

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

Guggenheim Limited Duration 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 GILDX

More GILDX 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 4.5%

7.08 448M
Securitized

BNY Dreyfus Treasury Oblgtns Csh Mgt Ins

2.68 169M
Cash and Equivalents

Federal National Mortgage Association 5.5%

0.73 46M
Securitized

Federal Home Loan Mortgage Corp. 5.5%

0.69 44M
Securitized

GOLUB CAPITAL PARTNERS CLO 54M-R LTD 5.12811%

0.67 42M
Securitized

Tri-Party Bofa Securities Inc

0.65 41M
Cash and Equivalents

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5%

0.64 40M
Securitized

Federal Home Loan Mortgage Corp. 5%

0.58 37M
Securitized

NTL 2025-NQM1 7.46476%

0.58 37M
Securitized

Guggenheim Ultra Short Duration Instl

0.56 36M
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