About GIBRX
Guggenheim Total Return Bond Fund Class R6 is an actively managed mutual fund in the fixed income category, designed to deliver total return through a combination of current income and capital appreciation. The fund primarily invests at least 80% of its assets in a diverse range of debt securities, encompassing both investment grade and below investment grade bonds. While its principal focus is on debt securities from developed markets, the fund can also allocate assets to emerging market securities, offering broad geographic diversification. Additionally, it may invest in preferred stock and convertible securities to further enhance its portfolio.
A hallmark of this fund is its core-plus approach, providing flexibility to invest in various sectors within the bond market, including high-yield and international bonds, which may lead to higher potential returns while managing risk across market cycles. It features a competitive net expense ratio of 0.49% and boasts a substantial asset base, with over $27 billion in total assets. The fund pays dividends monthly, supporting regular income for investors, and exhibits an average effective maturity of about 14 years. Guggenheim Total Return Bond Fund Class R6 holds a significant position among intermediate core-plus bond funds and is often utilized for broad-based, actively managed fixed income exposure within diversified portfolios.
Fund Family Guggenheim Investments
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol GIBRX
Share Class R6
Index Bloomberg U.S. Aggregate Bond TR
GIBRX had a total return of -1.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.29%.
