Guggenheim Market Neutral Real Estate Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.8%
1 yr return
0.2%
3 Yr Avg Return
0.1%
5 Yr Avg Return
2.0%
Net Assets
$42.4 M
Holdings in Top 10
60.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 264.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GUMNX - Profile
Distributions
- YTD Total Return -0.8%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 2.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.27%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameGuggenheim Market Neutral Real Estate Fund
-
Fund Family NameGuggenheim
-
Inception DateFeb 26, 2016
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSamir Sanghani
Fund Description
GUMNX - Performance
Return Ranking - Trailing
Period | GUMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -11.6% | 15.8% | 89.00% |
1 Yr | 0.2% | -33.0% | 41.7% | 83.50% |
3 Yr | 0.1%* | -10.5% | 13.4% | 46.94% |
5 Yr | 2.0%* | -4.8% | 11.1% | 22.89% |
10 Yr | N/A* | -4.6% | 7.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | GUMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.4% | -31.7% | 23.2% | 15.31% |
2022 | -4.1% | -20.7% | 10.7% | 35.05% |
2021 | 2.2% | -12.4% | 14.7% | 61.11% |
2020 | 6.4% | -13.2% | 12.9% | 53.16% |
2019 | 1.7% | -11.7% | 7.9% | N/A |
Total Return Ranking - Trailing
Period | GUMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -11.7% | 15.8% | 89.00% |
1 Yr | 0.2% | -33.0% | 41.7% | 83.50% |
3 Yr | 0.1%* | -10.5% | 13.4% | 41.84% |
5 Yr | 2.0%* | -4.8% | 11.1% | 19.28% |
10 Yr | N/A* | -4.6% | 7.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GUMNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.2% | -31.7% | 23.2% | 15.31% |
2022 | -3.9% | -20.7% | 10.7% | 35.05% |
2021 | 2.6% | -12.4% | 14.7% | 50.00% |
2020 | 6.7% | -12.7% | 12.9% | 11.39% |
2019 | 6.2% | -11.5% | 13.2% | N/A |
NAV & Total Return History
GUMNX - Holdings
Concentration Analysis
GUMNX | Category Low | Category High | GUMNX % Rank | |
---|---|---|---|---|
Net Assets | 42.4 M | 105 K | 12.6 B | 65.38% |
Number of Holdings | 29 | 5 | 2526 | 91.35% |
Net Assets in Top 10 | 25.8 M | -619 M | 6.53 B | 33.65% |
Weighting of Top 10 | 60.82% | 7.6% | 96.1% | 18.29% |
Top 10 Holdings
- Goldman Sachs Financial Square Treasury Instruments Fund - Institutional Shares 24.66%
- Invitation Homes, Inc. 5.40%
- Ryman Hospitality Properties, Inc. 4.74%
- Boston Properties, Inc. 4.55%
- Rexford Industrial Realty, Inc. 4.12%
- Ventas, Inc. 3.68%
- Brixmor Property Group, Inc. 3.49%
- Agree Realty Corp. 3.44%
- VICI Properties, Inc. 3.37%
- Alexandria Real Estate Equities, Inc. 3.36%
Asset Allocation
Weighting | Return Low | Return High | GUMNX % Rank | |
---|---|---|---|---|
Stocks | 71.88% | -57.09% | 325.56% | 25.96% |
Cash | 27.93% | -225.56% | 102.75% | 47.12% |
Other | 0.19% | -11.90% | 43.69% | 96.15% |
Preferred Stocks | 0.00% | 0.00% | 5.67% | 69.23% |
Convertible Bonds | 0.00% | 0.00% | 95.47% | 75.96% |
Bonds | 0.00% | -1.04% | 63.30% | 75.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GUMNX % Rank | |
---|---|---|---|---|
Real Estate | 100.00% | 0.00% | 93.91% | 4.30% |
Utilities | 0.00% | 0.00% | 66.28% | 87.10% |
Technology | 0.00% | 0.00% | 100.00% | 95.70% |
Industrials | 0.00% | 0.00% | 27.58% | 93.55% |
Healthcare | 0.00% | 0.00% | 27.28% | 91.40% |
Financial Services | 0.00% | 0.00% | 98.37% | 97.85% |
Energy | 0.00% | 0.00% | 53.30% | 88.17% |
Communication Services | 0.00% | 0.00% | 33.72% | 91.40% |
Consumer Defense | 0.00% | 0.00% | 30.58% | 89.25% |
Consumer Cyclical | 0.00% | 0.00% | 29.06% | 65.59% |
Basic Materials | 0.00% | 0.00% | 42.74% | 95.70% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GUMNX % Rank | |
---|---|---|---|---|
US | 71.88% | -55.82% | 325.56% | 24.04% |
Non US | 0.00% | -7.09% | 86.98% | 66.35% |
GUMNX - Expenses
Operational Fees
GUMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.62% | 0.73% | 9.52% | 66.99% |
Management Fee | 1.10% | 0.13% | 1.65% | 50.96% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.06% | 0.40% | N/A |
Sales Fees
GUMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GUMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GUMNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 264.00% | 30.00% | 483.00% | 88.76% |
GUMNX - Distributions
Dividend Yield Analysis
GUMNX | Category Low | Category High | GUMNX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.75% | 54.81% |
Dividend Distribution Analysis
GUMNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
GUMNX | Category Low | Category High | GUMNX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.27% | -2.49% | 4.20% | 33.01% |
Capital Gain Distribution Analysis
GUMNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.725 | OrdinaryDividend |
Jun 30, 2023 | $0.007 | OrdinaryDividend |
Dec 15, 2022 | $0.057 | OrdinaryDividend |
Dec 16, 2021 | $0.083 | OrdinaryDividend |
Sep 30, 2021 | $0.021 | OrdinaryDividend |
Dec 19, 2019 | $1.136 | OrdinaryDividend |
GUMNX - Fund Manager Analysis
Managers
Samir Sanghani
Start Date
Tenure
Tenure Rank
Feb 25, 2021
1.26
1.3%
Samir Sanghani’s responsibilities include equity portfolio management, research, and development of strategies as head of the Quantitative Strategies Group in Santa Monica. He also leads a team of fundamental sector analysts covering US equities. Prior to joining Guggenheim in 2008, he was portfolio manager of a value/opportunistic equity hedge fund. Mr. Sanghani also served as VP of Operations and Chief Compliance Officer at a multi-manager hedge fund firm offering fundamental and quantitative equity long/short strategies. Prior to this, he was a Management Consultant for six years at PricewaterhouseCoopers. Mr. Sanghani holds a B.S. degree in Electrical and Computer Engineering from Rice University and an MBA from M.I.T. Sloan School of Management. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.
Michael Chong
Start Date
Tenure
Tenure Rank
Feb 25, 2021
1.26
1.3%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 30.59 | 6.3 | 9.42 |