Guggenheim Floating Rate Strategies Fund Class A (GIFAX)
| Fund Assets | 782.53M |
| Expense Ratio | 1.04% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 1.84 |
| Dividend Yield | 7.47% |
| Dividend Growth | -11.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 23.93 |
| YTD Return | -0.01% |
| 1-Year Return | 3.81% |
| 5-Year Return | 29.62% |
| 52-Week Low | 23.38 |
| 52-Week High | 24.31 |
| Beta (5Y) | 0.21 |
| 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.
Performance
GIFAX had a total return of 3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.20%.
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 |
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% |
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 |