Guggenheim Long Short Fund Quote
| RYAMX Fund | USD 21.93 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Guggenheim Long is trading at 21.93 as of the 26th of November 2024; that is No Change since the beginning of the trading day. The fund's open price was 21.93. Guggenheim Long has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Guggenheim Long Short 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 objective by investing, under normal market conditions, at least 80 percent of its assets in long and short positions of domestic equity securities or equity-related instruments, including swaps and other derivatives that provide long or short exposure to domestic equity securities. More on Guggenheim Long Short
Moving against GUGGENHEIM Mutual Fund
GUGGENHEIM Mutual Fund Highlights
| Thematic Idea | Long Short Funds (View all Themes) |
| Fund Concentration | Guggenheim Investments Funds, Large Funds, Long-Short Equity Funds, Long Short Funds, Long-Short Equity, Guggenheim Investments, Large, Long-Short Equity (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 19th of August 2022 |
| Fiscal Year End | March |
Guggenheim Long Short [RYAMX] is traded in USA and was established 26th of November 2024. Guggenheim Long is listed under Guggenheim Investments category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Guggenheim Investments family. The entity is thematically classified as Long Short Funds. This fund at this time has accumulated 15.8 M in assets with minimum initial investment of 2.5 K. Guggenheim Long Short is currently producing year-to-date (YTD) return of 8.35% with the current yeild of 0.0%, while the total return for the last 3 years was 3.39%.
Check Guggenheim Long 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 Long Short 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 Long Short Mutual Fund Constituents
| EQC | Equity Commonwealth | Stock | Real Estate | |
| ED | Consolidated Edison | Stock | Utilities | |
| TSPXX | Short Term Investment Trust | Money Market Fund | US Money Market Fund | |
| WBA | Walgreens Boots Alliance | Stock | Consumer Staples | |
| GIS | General Mills | Stock | Consumer Staples | |
| BIIB | Biogen Inc | Stock | Health Care | |
| INGR | Ingredion Incorporated | Stock | Consumer Staples | |
| MRVL | Marvell Technology Group | Stock | Information Technology |
Guggenheim Long Against Markets
Other Information on Investing in GUGGENHEIM Mutual Fund
Guggenheim Long 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 Long security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |