Guggenheim Floating Rate Strategies Fund Class A (GIFAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
23.92
-0.01 (-0.04%)
Jun 6, 2025, 4:00 PM EDT
-2.21%
Fund Assets 771.13M
Expense Ratio 1.04%
Min. Investment $2,500
Turnover n/a
Dividend (ttm) 1.84
Dividend Yield 7.46%
Dividend Growth -11.57%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 23.93
YTD Return -0.09%
1-Year Return 3.00%
5-Year Return 28.90%
52-Week Low 23.38
52-Week High 24.45
Beta (5Y) 0.20
Holdings 330
Inception Date Nov 30, 2011

About GIFAX

The investment seeks to provide a high level of current income while maximizing total return. The fund normally invests at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in floating rate senior secured syndicated bank loans, floating rate revolving credit facilities, floating rate unsecured loans, floating rate asset backed securities, other floating rate bonds, loans, notes and other securities, fixed income instruments, and derivative instruments that provide exposure to floating rate or variable rate loans, obligations or other securities.

Fund Family Guggenheim Funds Tru
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol GIFAX
Share Class A-class
Index Index is not available on Lipper Database

Performance

GIFAX had a total return of 3.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.22%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FFHCX Fidelity Fidelity Series Floating Rate High Income Fund n/a

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
GIFIX Institutional Class 0.80%
GIFSX R6 0.81%
GIFPX P 1.04%
GIFCX C-class 1.79%

Top 10 Holdings

12.73% of assets
Name Symbol Weight
Federated Hermes U.S. Treasury Cash Reserves UTIXX 3.65%
SPDR Blackstone Senior Loan ETF SRLN 2.42%
Arcline Fm Holdings, Llc n/a 1.11%
Pelican Products, Inc. n/a 0.98%
Csc Holdings Llc n/a 0.77%
Citadel Securities, Lp n/a 0.77%
Alimentation Couche-Tard Inc. ATD 0.76%
Allwyn Entertainment Financing Us Llc n/a 0.76%
Bombardier Recreational Products, Inc. n/a 0.76%
Quirch Foods Holdings Llc n/a 0.75%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 30, 2025 $0.1501 May 30, 2025
Apr 30, 2025 $0.14173 Apr 30, 2025
Mar 31, 2025 $0.13696 Mar 31, 2025
Feb 28, 2025 $0.1275 Feb 28, 2025
Jan 31, 2025 $0.15263 Jan 31, 2025
Dec 31, 2024 $0.15773 Dec 31, 2024
Full Dividend History