GIFPX - Guggenheim Floating Rate Strategies Fund Class P

Nasdaq - Nasdaq Delayed Price. Currency in USD

Guggenheim Floating Rate Strategies Fund Class P

Guggenheim Investments

805 King Farm Boulevard, Suite 600

Rockville, MD 20850

800-820-0888
Management Information
B. Scott Bookwalter Minerd,Lead Manager since November 29, 2011
Mr. Minerd is Chairman of Investments, Global Chief Investment Officer and Managing Partner of Guggenheim. Mr. Minerd joined Guggenheim in 1998. In his role as Global Chief Investment Officer, Mr. Minerd guides the firm’s investment strategies and oversees client accounts across a broad range of fixed-income and equity securities. Previously, Mr. Minerd was a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group. In this position, he was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units. Prior to that, Mr. Minerd was Morgan Stanley’s London based European Capital Markets Products Trading and Risk Manager responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities and money market products in 12 European currencies and Asian markets. Mr. Minerd has also held capital markets positions with Merrill Lynch and Continental Bank. Prior to that, he was a Certified Public Accountant and worked for the public accounting firm of Price Waterhouse. Mr. Minerd is a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, helping advise the NY Fed President and senior management at the bank about the current financial markets and ways the public and private sectors can better understand and mitigate systematic risks. Mr. Minerd also works with the Organization for Economic Cooperation and Development (OECD), advising on research and analysis of private sector infrastructure investment, and is a contributing member of the World Economic Forum (WEF). He is a regularly featured guest and contributor to leading financial media outlets, including The Wall Street Journal, The Financial Times, Bloomberg, and CNBC, where he shares insights on today’s financial climate. Mr. Minerd holds a B.S. degree in Economics from the Wharton School, University of Pennsylvania, Philadelphia, and has completed graduate work at the University of Chicago Graduate School of Business and the Wharton School, University of Pennsylvania.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryBank Loan
Fund FamilyGuggenheim Investments
Net Assets1.93B
YTD Return4.34%
Yield4.64%
Morningstar Rating★★
Inception DateApr 30, 2015

Fund Operations

Last Dividend0.09
Last Cap Gain0.00
Holdings Turnover33.00%
Average for CategoryN/A

Fees & Expenses

ExpenseGIFPXCategory Average
Annual Report Expense Ratio (net)1.03%1.08%
Prospectus Net Expense Ratio1.03%N/A
Prospectus Gross Expense Ratio1.15%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales LoadN/A2.94%
Max Deferred Sales LoadN/A1.35%
3 Yr Expense Projection353N/A
5 Yr Expense Projection621N/A
10 Yr Expense Projection1,387N/A