Despite a strong record under its current management team, an at-times aggressive portfolio, a history of research staff turnover, and steep prices limit all of Guggenheim High Yield’s Morningstar Analyst Ratings to Neutral, save a Negative rating for its C shares.
Will SIHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SIHAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SIHAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SIHAX’s parent organization’s priorities and whether they’re in line with investors’ interests.