Guggenheim High Yield Fund Institutional Class (SHYIX)
| Fund Assets | 182.49M |
| Expense Ratio | 0.69% |
| Min. Investment | $2,000,000 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 6.69% |
| Dividend Growth | 1.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 8.11 |
| YTD Return | 6.44% |
| 1-Year Return | 7.06% |
| 5-Year Return | 24.10% |
| 52-Week Low | 7.48 |
| 52-Week High | 8.12 |
| Beta (5Y) | n/a |
| Holdings | 352 |
| Inception Date | Jul 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.
Performance
SHYIX had a total return of 7.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.60%.
Top 10 Holdings
10.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Treasury Securities Cash Management | DIRXX | 3.33% |
| GrafTech Finance Inc. 4.625% | EAF.4.625 12.23.29 144A | 0.95% |
| CPI CG Inc. 10% | CPICAR.10 07.15.29 144A | 0.87% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | CHTR.4.5 05.01.32 | 0.86% |
| Enviri Corp. 5.75% | NVRI.5.75 07.31.27 144A | 0.85% |
| Amn Healthcare 144A 6.5% | AMN.6.5 01.15.31 144A | 0.84% |
| Petsmart LLC / Petsmart Financial Corp. 7.5% | PETM.7.5 09.15.32 | 0.82% |
| Great Lakes Dredge & Dock Corporation 5.25% | GLDD.5.25 06.01.29 144A | 0.80% |
| ITT Holdings LLC 6.5% | INTMAT.6.5 08.01.29 144A | 0.80% |
| Nassau Companies Of New York 7.875% | NASSAU.7.875 07.15.30 144A | 0.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.04018 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04998 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04293 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04864 | Aug 29, 2025 |
| Jul 31, 2025 | $0.04656 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04475 | Jun 30, 2025 |