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Guggenheim Floating Rate Strats A (GIFAX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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24.46+0.01 (+0.04%)
As of 08:06AM EDT. Market open.

Guggenheim Floating Rate Strats A

Rockville, MD 20850

805 King Farm Boulevard, Suite 600

Guggenheim Investments

Management information
,Lead manager since 6 August 2023
Christopher Keywork, Managing Director and Portfolio Manager of Guggenheim Partners, has co-managed Guggenheim Floating Rate Strategies Fund since July 2023. Mr. Keywork joined Guggenheim Partners in 2006 and is Head of Bank Loan Trading in Guggenheim's Corporate Credit Group. Mr. Keywork began his career at Guggenheim as a trade assistant, later becoming responsible for the day-to day-trading of bank loans and now manages a team of bank loan traders. In addition to trading, Mr. Keywork is the capital markets contact for bank loans within the Corporate Credit Group, and also works closely with the portfolio management team to manage the day-to-day activities for all the firm's bank loan mandates. Prior to joining Guggenheim, Mr. Keywork worked for The Carlyle Group as a senior trade assistant. He received his B.S. from Manhattan College with a major in Finance.
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. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryBank Loan
Fund familyGuggenheim Investments
Net assets994.61M
YTD return2.03%
Yield8.31%
Morningstar rating★★★★
Inception date29 Nov 2011

Fund operations

Last dividend0.51
Last cap gain-19.00
Holdings turnover23.00%
Average for categoryN/A

Fees and expenses

ExpenseGIFAXCategory average
Annual report expense ratio (net)1.04%1.03%
Prospectus net expense ratio1.04%N/A
Prospectus gross expense ratio1.17%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.08%
Max deferred sales loadN/A1.05%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A