Guggenheim High Yield Inst (SHYIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.17
+0.01 (0.12%)
Sep 10, 2025, 4:00 PM EDT
0.12%
Fund Assets180.64M
Expense Ratio0.69%
Min. Investment$2,000,000
Turnover45.00%
Dividend (ttm)0.54
Dividend Yield6.62%
Dividend Growth1.29%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close8.16
YTD Return1.95%
1-Year Return3.31%
5-Year Return19.67%
52-Week Low7.82
52-Week High8.23
Beta (5Y)n/a
Holdings352
Inception DateJul 11, 2008

About SHYIX

Guggenheim High Yield Fund Institutional Class is an actively managed mutual fund focused on generating high current income from below‑investment‑grade fixed income securities. The strategy invests across the high yield spectrum, including corporate bonds, floating‑rate bank loans, and selected securitized assets such as mortgage‑backed and asset‑backed securities, allowing flexible allocation across credit cycles. Its mandate targets broad, diversified exposure to non‑investment‑grade issuers, seeking to balance yield generation with risk management through research‑driven security selection and portfolio construction. The fund’s institutional share class features a contractual expense waiver through early 2026, reflecting an emphasis on cost discipline for large investors. Within the high yield market, it serves as a core credit allocation for income‑oriented portfolios, offering a distribution yield profile aligned with speculative‑grade credit while maintaining an intermediate effective duration typical of the category. By accessing multiple sectors of below‑investment‑grade debt, Guggenheim High Yield Fund Institutional Class plays a role in financing leveraged corporate issuers and enhancing portfolio income, with performance commonly evaluated against the Bloomberg U.S. Corporate High Yield Index and comparable category peers.

Fund Family Guggenheim Investments
Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol SHYIX
Share Class Institutional Class
Index Bloomberg U.S. Corporate High Yield TR

Performance

SHYIX had a total return of 3.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.62%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
SHYSXR60.69%
SIHAXA-class0.94%
SIHPXP0.94%
SIHSXC-class1.69%

Top 10 Holdings

10.74% of assets
NameSymbolWeight
Dreyfus Treasury Securities Cash ManagementDIRXX2.96%
CCO HLDGS LLC/CAP CORP - CCO Holdings LLC / CCO Holdings Capital Corp.CHTR.4.5 05.01.321.12%
TRINITY INDUSTRIES INC - Trinity Industries, Inc.TRN.7.75 07.15.28 144A0.96%
CPI CG INC - CPI CG, Inc.CPICAR.10 07.15.29 144A0.93%
GRAFTECH FINANCE INC - GrafTech Finance, Inc.EAF.4.625 12.23.29 144A0.91%
Enviri Corp.NVRI.5.75 07.31.27 144A0.83%
GREAT LAKES DREDGE&DOCK - Great Lakes Dredge & Dock Corp.GLDD.5.25 06.01.29 144A0.78%
ITT Holdings LLCINTMAT.6.5 08.01.29 144A0.76%
AMC NETWORKS INC - AMC Networks, Inc.AMCX.4.25 02.15.290.75%
JH North America Holdings, Inc.JHXAU.5.875 01.31.31 144A0.74%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.04864Aug 29, 2025
Jul 31, 2025$0.04656Jul 31, 2025
Jun 30, 2025$0.04475Jun 30, 2025
May 30, 2025$0.04793May 30, 2025
Apr 30, 2025$0.0432Apr 30, 2025
Mar 31, 2025$0.0438Mar 31, 2025
Full Dividend History