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Morningstar

Guggenheim Floating Rate Strats Instl GIFIX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 24.19  /  0.06 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.840%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 2,000,000
  • Status Open
  • TTM Yield 4.90%
  • Effective Duration 0.10 years

USD | NAV as of Jan 25, 2023 | 1-Day Return as of Jan 25, 2023, 11:10 PM GMT+00:00

Morningstar’s Analysis GIFIX

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

People Pillar

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

We Are Placing Several Guggenheim Funds Under Review Following the Death of CIO Scott Minerd

Strategist

Analyst Note

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