Guggenheim Market Neutral Fund Quote
| GUMNX Fund | USD 27.01 0.02 0.07% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Guggenheim Market is trading at 27.01 as of the 26th of November 2024; that is 0.07 percent up since the beginning of the trading day. The fund's open price was 26.99. Guggenheim Market has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Guggenheim Market Neutral are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
The fund pursues its investment objective by investing at least 80 percent of its assets in long and short equity securities of issuers primarily engaged in the real estate industry, such as real estate investment trusts and equity-like securities, including individual securities, exchange-traded funds and derivatives, giving long and short exposure to issuers primarily engaged in the real estate industry.. More on Guggenheim Market Neutral
Moving together with Guggenheim Mutual Fund
Guggenheim Mutual Fund Highlights
| Fund Concentration | Guggenheim Investments Funds, Large Funds, Equity Market Neutral Funds, Equity Market Neutral, Guggenheim Investments (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 26th of May 2023 |
| Fiscal Year End | September |
Guggenheim Market Neutral [GUMNX] is traded in USA and was established 26th of November 2024. Guggenheim Market is listed under Guggenheim Investments category by Fama And French industry classification. The fund is listed under Equity Market Neutral category and is part of Guggenheim Investments family. This fund currently has accumulated 48.79 M in assets under management (AUM) with minimum initial investment of 2 M. Guggenheim Market Neutral is currently producing year-to-date (YTD) return of 0.75% with the current yeild of 0.03%, while the total return for the last 3 years was 0.29%.
Check Guggenheim Market Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Guggenheim Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guggenheim Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Guggenheim Market Neutral Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Guggenheim Market Neutral Mutual Fund Constituents
| SUI | Sun Communities | Stock | Real Estate | |
| TRNO | Terreno Realty | Stock | Real Estate | |
| VTR | Ventas Inc | Stock | Real Estate | |
| EXR | Extra Space Storage | Stock | Real Estate | |
| EGP | EastGroup Properties | Stock | Real Estate | |
| WY | Weyerhaeuser | Stock | Real Estate | |
| NLY | Annaly Capital Management | Stock | Financials | |
| CUZ | Cousins Properties Incorporated | Stock | Real Estate |
Guggenheim Market Neutral Risk Profiles
| Mean Deviation | 0.0757 | |||
| Standard Deviation | 0.1007 | |||
| Variance | 0.0101 | |||
| Downside Variance | 0.0131 |
Guggenheim Market Against Markets
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Market 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 Market security.
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