Guggenheim Municipal Income Fund Institutional Class (GIJIX)
| Fund Assets | 35.69M |
| Expense Ratio | 0.53% |
| Min. Investment | $2,000,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.59% |
| Dividend Growth | 11.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.64 |
| YTD Return | 2.28% |
| 1-Year Return | 8.33% |
| 5-Year Return | -1.42% |
| 52-Week Low | 11.03 |
| 52-Week High | 11.71 |
| Beta (5Y) | 0.05 |
| Holdings | 131 |
| Inception Date | Jan 13, 2012 |
About GIJIX
Guggenheim Municipal Income Fund Institutional Class is a mutual fund focused on generating current income with an emphasis on income that is exempt from federal income tax. This fund primarily invests at least 80% of its assets in a diverse portfolio of municipal securities issued by state and local governments across the United States. These securities are rated across a range of credit qualities, including investment-grade and select non-investment-grade bonds, with the interest typically free from federal income tax, making it attractive for tax-sensitive investors. The fund’s portfolio spans multiple sectors, geographies, and project types, supporting public infrastructure and community development. The Guggenheim Municipal Income Fund Institutional Class employs an actively managed approach, targeting both capital preservation and appreciation while maintaining a relatively long duration and weighted average life in line with its benchmark, the Bloomberg Municipal Bond Index. It pays dividends monthly and manages expenses through a competitive net expense ratio supported by contractual waivers. This fund holds significance in the fixed income space by offering tax-advantaged income and diversification for institutional portfolios seeking exposure to the municipal bond market.
Performance
GIJIX had a total return of 8.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.13%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03678 | Jun 30, 2026 |
| May 29, 2026 | $0.03632 | May 29, 2026 |
| Apr 30, 2026 | $0.03532 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03525 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03208 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03638 | Jan 30, 2026 |