Morningstar

Guggenheim Ultra Short Duration Fund Class A GIYAX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.99  /  0.00
  • Fund Size $622.4M
  • Adjusted Expense Ratio 0.590%
  • Net Expense Ratio 0.590%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.21%
  • Average Effective Duration 0.80 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis GIYAX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Guggenheim Ultra Short Duration A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings GIYAX

More GIYAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BNY Dreyfus Treasury Secs Csh Mgmt Inst

7.04 47M
Corporate

Federal National Mortgage Association 5%

5.92 39M
Securitized

United States Treasury Bills 3.61681%

5.37 36M
Government

State Street® SPDR® S&P 500® ETF

4.61 31M
—

iShares Core S&P 500 ETF

4.40 29M
—

Tri-Party Bofa Securities Inc

3.93 26M
Cash and Equivalents

Tri-Party J.P. Morgan Securities L

3.28 22M
Cash and Equivalents

Tri-Party Bnp Paribas

2.95 20M
Cash and Equivalents

Tri-Party Bank Of Montreal Chicago

1.71 11M
Cash and Equivalents

Bcc Middle Market Clo 2019 1 Co Issuer Llc 5.20292%

1.61 11M
Securitized

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