Guggenheim Municipal Income Fund Three Year Return
| GIJPX Fund | USD 11.43 0.01 0.09% |
Guggenheim Municipal Income fundamentals help investors to digest information that contributes to Guggenheim Municipal's financial success or failures. It also enables traders to predict the movement of Guggenheim Mutual Fund. The fundamental analysis module provides a way to measure Guggenheim Municipal's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Guggenheim Municipal mutual fund.
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Guggenheim Municipal Income Mutual Fund Three Year Return Analysis
Guggenheim Municipal's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Guggenheim Municipal Three Year Return | (2.45) % |
Most of Guggenheim Municipal's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Guggenheim Municipal Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Based on the latest financial disclosure, Guggenheim Municipal Income has a Three Year Return of -2.4482%. This is 130.79% lower than that of the Guggenheim Investments family and significantly lower than that of the Muni National Long category. The three year return for all United States funds is notably higher than that of the company.
Guggenheim Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Guggenheim Municipal's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Guggenheim Municipal could also be used in its relative valuation, which is a method of valuing Guggenheim Municipal by comparing valuation metrics of similar companies.Guggenheim Municipal is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Guggenheim Municipal
The fund consists of 97.71% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.Asset allocation divides Guggenheim Municipal's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Guggenheim Fundamentals
| Price To Earning | 15.10 X | |||
| Total Asset | 140 K | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 2.66 % | |||
| One Year Return | 7.18 % | |||
| Three Year Return | (2.45) % | |||
| Five Year Return | (0.04) % | |||
| Ten Year Return | 5.10 % | |||
| Net Asset | 53.34 M | |||
| Last Dividend Paid | 0.02 | |||
| Cash Position Weight | 2.27 % | |||
| Bond Positions Weight | 97.71 % |
About Guggenheim Municipal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Guggenheim Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guggenheim Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guggenheim Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Guggenheim Municipal 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 Municipal security.
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