Address And Details

Guggenheim Investments, P.O. Box 758567 , Topeka, KS 66675
Fund Manager Michael Byrum
Manager Tenure 16 Years 3 Months

Strategy And Objective

The Fund seeks to provide investment results that correlate, before fees and expenses, to the performance of a specific benchmark for small-cap securities on a daily basis. The Funds current benchmark is 150% of the performance of the Russell 2000 Index (the underlying index). The Fund does not seek to achieve its investment objective over a period of time greater than one day. The Fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments, which primarily consist of equity index swaps and swaps on exchange-traded funds("ETFs"), futures contracts, and options on securities, futures contracts, and stock indices. While the Fund may write (sell) and purchase swaps, it expects primarily to purchase swaps. Swap agreements and futures and options contracts, if used properly, may enable the Fund to meet its objective by increasing the Funds exposure to the securities included in the underlying index or to securities whose performance is highly correlated to that of the Fund's benchmark. The Advisor attempts to consistently apply leverage to increase the Funds exposure to 150% of the underlying index, and expects to rebalance the Fund's holdings daily to maintain such exposure. As a result, the Funds use of derivatives and the leveraged investment exposure created by such use are expected to be significant. Certain of the Funds derivatives investments may be traded in the over-the-counter (OTC) market. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies included in the Fund's benchmark.

Net Asset Value

as of 5:33 PM ET 09/24/2021

Performance

  • 1 Week
  • +0.72%
  • 1 Month
  • +1.06%
  • 3 Months
  • -5.83%
  • 1 Yr Return
  • +88.54%
  • 5 Yr Return
  • +91.79%

Equity Sector Breakdown

Finance 17.49%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 82.51%
Other 17.49%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 1.64 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -15.28 -10.44 -9.23
Beta 1.90 1.86 1.84
R Squared 0.82 0.76 0.77
Std Deviation 38.90 31.85 28.11
Sharpe Ratio 0.46 0.69 n/a

Purchase Information

as of 5:29 PM ET 09/23/2021
Minimum Initial $2500
Minimum Additional $0
Minimum Initial IRA $1000

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +72.39%
  • +99.60%
+72.39% +99.60%
3 Year
  • +10.29%
  • +14.47%
+10.29% +14.47%
10 Year
  • +16.58%
  • +14.43%
+16.58% +14.43%
Life Of Fund
  • +9.67%
  • +9.94%
+9.67% +9.94%

Top 10 Holdings

Symbol Company Name % Of Assets
GSY GUGGENHEIM ULTRA SHORT DURATI 9.59%
GFSBX GUGGENHEIM STRATEGY FD II 7.90%

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