Guggenheim Municipal Income Fund Class A (GIJAX)
| Fund Assets | 40.72M |
| Expense Ratio | 0.79% |
| Min. Investment | $2,500 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 2.92% |
| Dividend Growth | -5.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 11.50 |
| YTD Return | -0.15% |
| 1-Year Return | 4.84% |
| 5-Year Return | -2.61% |
| 52-Week Low | 10.91 |
| 52-Week High | 11.71 |
| Beta (5Y) | 0.36 |
| Holdings | 126 |
| Inception Date | Apr 28, 2004 |
About GIJAX
Guggenheim Municipal Income Fund Class A is a mutual fund focused on generating current income, with an emphasis on providing income that is exempt from federal income tax. The fund primarily invests at least 80% of its portfolio in a diversified selection of municipal securities from various issuers, regions, and sectors, including securities rated in any category or unrated, so long as the interest is federally tax-free. With an inception dating back to 2004, this fund targets investors seeking regular, tax-advantaged income streams, making monthly distributions. Managed by Guggenheim Partners Investment Management, the fund uses the Bloomberg Municipal Bond Index as its benchmark and follows a relatively long duration strategy, typically holding bonds with average maturities exceeding twelve years. It is structured to provide a stable source of federally tax-exempt income, potentially appealing to individuals in higher tax brackets and those with a need for tax-efficient fixed income exposure.
Performance
GIJAX had a total return of 4.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.29%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02983 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03391 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03429 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02954 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03515 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03081 | Sep 30, 2025 |