About GIOAX
Guggenheim Macro Opportunities Fund Class A is an actively managed mutual fund designed to deliver total return through a flexible, multi-sector fixed income approach. The strategy is unconstrained, allowing the portfolio team to allocate across corporate bonds, syndicated bank loans, asset-backed and mortgage-backed securities, U.S. Treasuries and agencies, sovereign debt, preferred and mezzanine securities, and select equity-related instruments when appropriate. According to the sponsor, the fund emphasizes relative value across asset classes and credit qualities, seeking income with the potential for capital appreciation under a broad risk-managed framework. It is categorized as a nontraditional bond fund with medium credit quality and limited interest-rate sensitivity, reflected in a short effective duration profile. The share class features a front-load structure and an expense ratio in the mid-1% range, supported by a contractual fee waiver currently in place. Launched in 2011, the fund has grown to several billion in assets and distributes income monthly, aligning with its income-oriented mandate while maintaining the flexibility to adjust exposures as market conditions evolve.
Fund Family Guggenheim Investments
Category Nontraditional Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol GIOAX
Share Class A-class
Index ICE BofA US 3-Month T Bill TR IX
GIOAX had a total return of 5.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.78%.
