About GIBIX
Guggenheim Total Return Bond Fund Institutional Class is an open-end mutual fund specializing in the intermediate core-plus bond category. The fund's primary objective is to deliver total return, which combines current income with capital appreciation. It achieves this by investing at least 80% of its assets in a diversified portfolio of debt securities, including U.S. government bonds, corporate bonds, mortgage-backed securities, and select instruments from developed and emerging markets.
Managed by a seasoned team of fixed income experts, Guggenheim Total Return Bond Fund leverages a wide array of research and quantitative models to navigate credit, interest rate, and sector allocation decisions. Its portfolio typically exhibits moderate credit risk and interest rate sensitivity, aiming for a balance of yield and stability. The fund's notable features include a large and diversified asset base, a relatively low expense ratio for its class, and monthly income distribution. As a core-plus bond fund, it plays a pivotal role in providing institutional investors exposure to a broad range of fixed income sectors, often serving as a foundational fixed income strategy within multi-asset portfolios, pension plans, or endowments.
Fund Family Guggenheim Investments
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GIBIX
Share Class Institutional Class
Index Bloomberg U.S. Aggregate Bond TR
GIBIX had a total return of -1.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.43%.
