Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund(NASDAQMUTFUND) GIFIX

Guggenheim Floating Rate Strategies Fund Institutional Class focuses on providing a high level of current income while maximizing total return. The fund primarily invests in floating rate senior secured syndicated bank loans and other floating rate instruments.

Products and Services

• Invests at least 80% of assets in floating rate loans
• Offers exposure to floating rate asset-backed securities
• Seeks to maximize total return for investors

Growth Outlook

• Market capitalization stands at approximately $497 million
• Dividend yield of 6.65% reflects strong income potential
• Price range over the past year indicates stable performance

Financial Highlights

• Recent dividend per share is $1.52665
• Yearly price range between $22.93 and $23.61
• Beta of 0.04 suggests low correlation with market movements

Guggenheim Floating Rate Strategies Fund Institutional Class is designed for investors seeking income through floating rate investments. The fund's strategy of focusing on senior secured loans positions it well in a rising interest rate environment. The strong dividend yield and stable price range further enhance its appeal to income-focused investors. With a low beta, the fund may provide a defensive option in uncertain market conditions. Overall, the fund represents a compelling choice for those looking to diversify their investment portfolios with floating rate assets.