Address And Details

Guggenheim Investments, P.O. Box 758567 , Topeka, KS 66675
Fund Manager Michael P. Byrum
Manager Tenure 23 Years 5 Months

Strategy And Objective

The Telecommunications Fund (the Fund) seeks to provide capital appreciation by investing in companies engaged in the development, manufacture, or sale of communications services or communications equipment (Telecommunications Companies). Under normal circumstances, the Fund invests substantially all (at least 80%) of its net assets in equity securities of Telecommunications Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. The Advisor employs a proprietary quantitative and qualitative methodology to identify Telecommunications Companies in which to invest. The methodology utilizes screens based on price, liquidity, and tradability.

Net Asset Value

as of 5:33 PM ET 09/23/2021

Performance

  • 1 Week
  • -1.00%
  • 1 Month
  • -3.12%
  • 3 Months
  • -1.66%
  • 1 Yr Return
  • +25.55%
  • 5 Yr Return
  • +21.52%

Equity Sector Breakdown

Technology 58.14%
NonDurables 12.51%
Utilities 10.96%
RetailTrade 5.69%
Finance 3.49%
ConsumerDurables n/a
Energy n/a
Health n/a
IndustrialCyclical n/a
Services n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 99.51%
ForeignStocks 2.55%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 250.00 K

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -5.97 -5.23 -6.43
Beta 0.79 0.77 0.84
R Squared 0.79 0.73 0.73
Std Deviation 16.41 13.58 13.19
Sharpe Ratio 0.47 0.57 n/a

Purchase Information

as of 5:36 PM ET 09/22/2021
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
  • +22.47%
  • +25.47%
+22.47% +25.47%
3 Year
  • +7.49%
  • +9.36%
+7.49% +9.36%
10 Year
  • +6.37%
  • +5.16%
+6.37% +5.16%
Life Of Fund
  • -0.55%
  • -0.62%
-0.55% -0.62%

Top 10 Holdings

Symbol Company Name % Of Assets
VZ VERIZON COMMUNICATIONS INC 8.10%
CSCO CISCO SYSTEMS INC 7.97%
T AT&T INC 7.66%
TMUS T MOBILE US 7.14%
CMCSA COMCAST CORP 6.76%
CHTR CHARTER COMMUNICATIONS INC 5.32%
MSI MOTOROLA SOLUTIONS INC 3.61%
LBRDA LIBERTY BROADBAND CORP 3.49%
ANET ARISTA NETWORKS 3.06%
DISH DISH NETWORK CORP A 2.78%

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