Morningstar

Guggenheim Core Bond Fund Class P SIUPX

Morningstar Medalist Rating
Medalist Rating as of | See Guggenheim Investment Hub
  • NAV / 1-Day Return 16.23  /  −0.06 %
  • Total Assets 2.9B
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.49%
  • Effective Duration 6.45 years

USD | NAV as of Jun 11, 2026 | 1-Day Return as of Jun 11, 2026, 12:07 AM GMT+0

Morningstar’s Analysis SIUPX

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

  • People Pillar

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

Guggenheim Core 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 SIUPX

More SIUPX 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 5%

4.00 131M
Securitized

Federal National Mortgage Association 3%

2.88 94M
Securitized

Federal National Mortgage Association 5.5%

2.64 86M
Securitized

United States Treasury Bonds 1.75%

2.38 78M
Government

Government National Mortgage Association 5%

2.17 71M
Securitized

United States Treasury Notes 3.625%

2.03 66M
Government

United States Treasury Notes 4%

1.98 65M
Government

United States Treasury Notes 4.625%

1.89 62M
Government

Federal National Mortgage Association 2.5%

1.86 61M
Securitized

United States Treasury Notes 1.875%

1.63 53M
Government

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