Guggenheim Floating Rate Strategies Fund Institutional Class (GIFIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
23.70
+0.01 (0.04%)
Apr 24, 2025, 6:49 PM EDT
-3.15% (1Y)
| Fund Assets | 832.36M |
| Expense Ratio | 0.80% |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.96 |
| Dividend Yield | 8.29% |
| Dividend Growth | -6.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 23.69 |
| YTD Return | -1.10% |
| 1-Year Return | 3.63% |
| 5-Year Return | 35.19% |
| 52-Week Low | 23.40 |
| 52-Week High | 24.52 |
| Beta (5Y) | 0.20 |
| Holdings | 349 |
| Inception Date | Nov 30, 2011 |
About GIFIX
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
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GIFIX
Share Class Institutional Class
Index Index is not available on Lipper Database
Performance
GIFIX had a total return of 3.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.42%.
Top 10 Holdings
12.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Hermes U.S. Treasury Cash Reserves | UTIXX | 2.90% |
| SPDR Blackstone Senior Loan ETF | SRLN | 2.79% |
| Arcline Fm Holdings, Llc | n/a | 1.04% |
| Corelogic, Inc. | n/a | 0.92% |
| Pelican Products, Inc. | n/a | 0.88% |
| Vc Gb Holdings I Corp. | n/a | 0.80% |
| Csc Holdings Llc | n/a | 0.72% |
| Hunter Douglas, Inc. | n/a | 0.72% |
| Citadel Securities, Lp | n/a | 0.71% |
| Bombardier Recreational Products, Inc. | n/a | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.14162 | Mar 31, 2025 |
| Feb 28, 2025 | $0.13189 | Feb 28, 2025 |
| Jan 31, 2025 | $0.15769 | Jan 31, 2025 |
| Dec 31, 2024 | $0.16268 | Dec 31, 2024 |
| Nov 29, 2024 | $0.15381 | Nov 29, 2024 |
| Oct 31, 2024 | $0.16841 | Oct 31, 2024 |