Guggenheim Floating is trading at 24.20 as of the 16th of February 2025; that is 0.04 percent down since the beginning of the trading day. The fund's open price was 24.21. Guggenheim Floating has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
The fund normally invests at least 80 percent of its assets in floating rate senior secured syndicated bank loans, floating rate revolving credit facilities, floating rate unsecured loans, floating rate asset backed securities, other floating rate bonds, loans, notes and other securities, fixed income instruments, and derivative instruments that provide exposure to floating rate or variable rate loans, obligations or other securities.. More on Guggenheim Floating Rate
Guggenheim Floating Rate [GIFIX] is traded in USA and was established 16th of February 2025. Guggenheim Floating is listed under Guggenheim Investments category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Guggenheim Investments family. This fund currently has accumulated 993.86 M in assets under management (AUM) with no minimum investment requirementsGuggenheim Floating Rate is currently producing year-to-date (YTD) return of 0.7% with the current yeild of 0.0%, while the total return for the last 3 years was 6.45%.
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Guggenheim Floating financial ratios help investors to determine whether Guggenheim Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guggenheim with respect to the benefits of owning Guggenheim Floating security.