About GIOPX
Guggenheim Macro Opportunities Fund is an actively managed, unconstrained multi-sector fixed-income mutual fund designed to deliver total return through current income and capital appreciation. The strategy employs a broad asset-allocation framework centered on fixed income while retaining flexibility to allocate across sectors based on relative value, including corporate credit, government securities, and securitized assets. It is managed by Guggenheim’s fixed-income leadership team, including Anne Walsh and Steven Brown, and emphasizes dynamic duration management and sector rotation to navigate changing macroeconomic conditions.
The fund sits in the nontraditional bond category, reflecting its mandate to deviate from benchmarks, shorten or extend duration opportunistically, and use diverse instruments to express macro views. Portfolio characteristics have included hundreds of holdings, a relatively short effective duration, and meaningful exposure to investment-grade and below-investment-grade credit alongside agency mortgages and cash equivalents. The vehicle provides regular income distributions, with SEC yield and expense metrics disclosed for transparency, and it benefits from a contractual expense waiver in place through early 2026. Its role in the market is to provide a flexible fixed-income core-plus complement that seeks diversified sources of return beyond traditional bond indexes.
Fund Family Guggenheim Investments
Category Alt Credit Focus
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol GIOPX
Share Class P
Index ICE BofA US 3-Month T Bill TR IX
GIOPX had a total return of 0.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.59%.
