Address And Details

Guggenheim Investments, P.O. Box 758567 , Topeka, KS 66675
Fund Manager Michael P. Byrum
Manager Tenure 14 Years 5 Months

Strategy And Objective

The High Yield Strategy Fund (the Fund) seeks to provide investment results that correlate, before fees and expenses, to the performance of the high yield bond market. The Fund seeks to gain exposure similar to the total return of the high yield bond market, as represented by U.S. and Canadian high yield bonds, by investing in fixed rate, non-investment grade debt through the use of credit default swaps, high yield securities, futures, total return swaps on exchange-traded funds (ETFs), and other financial instruments with economic characteristics comparable to those of the high yield bond market.Generally, high yield bonds, which also are commonly referred to as junk bonds, are those bonds rated BB+ and lower by S&P Global Ratings or Ba1 and lower by Moodys Investors Service, Inc., but may include unrated bonds that the Advisor determines are of similar quality. The Advisor will consider the liquidity, transaction costs and relative value of available investments in seeking to meet the Funds investment objective.

Net Asset Value

as of 5:46 PM ET 09/21/2021

Performance

  • 1 Week
  • -0.38%
  • 1 Month
  • +0.53%
  • 3 Months
  • +0.84%
  • 1 Yr Return
  • +8.06%
  • 5 Yr Return
  • +4.04%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance 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
Bonds 56.86%
Other 26.84%
Cash 16.30%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 37.76 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.60 2.16 3.55
Beta 0.77 0.69 0.80
R Squared 0.09 0.10 0.11
Std Deviation 8.96 7.12 7.32
Sharpe Ratio 0.44 0.51 n/a

Purchase Information

as of 5:51 PM ET 09/20/2021
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 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +7.32%
  • +10.16%
+7.32% +10.16%
3 Year
  • +4.66%
  • +4.86%
+4.66% +4.86%
10 Year
  • +6.06%
  • +5.51%
+6.06% +5.51%
Life Of Fund
  • +5.65%
  • +5.65%
+5.65% +5.65%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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