GILHX: Guggenheim Limited Duration Instl

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GILHX Guggenheim Limited Duration Instl


Profile

GILHX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $3.07 B
  • Holdings in Top 10 19.0%

52 WEEK LOW AND HIGH

$25.34
$23.93
$25.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.57%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 72.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.43%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Guggenheim Limited Duration Fund
  • Fund Family Name
    Guggenheim Investments
  • Inception Date
    Dec 16, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Anne Walsh

Fund Description

The advisor intends to pursue its investment objective by investing at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in a diversified portfolio of debt securities, financial instruments that should perform similarly to debt securities and investment vehicles that provide exposure to debt securities, and debt-like securities, including individual securities, investment vehicles and derivatives giving exposure (i.e. similar economic characteristics) to fixed-income markets.


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Categories

Performance

GILHX - Performance

Return Ranking - Trailing

Period GILHX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -10.9% 3.5% 3.87%
1 Yr 2.8% -13.5% 3.7% 4.02%
3 Yr 0.7%* -5.0% 1.3% 15.79%
5 Yr 0.4%* -20.5% 1.8% 17.52%
10 Yr N/A* -9.8% 2.4% N/A

* Annualized

Return Ranking - Calendar

Period GILHX Return Category Return Low Category Return High Rank in Category (%)
2019 -0.1% -6.6% 4.9% 95.35%
2018 -0.7% -4.8% 1.0% 18.18%
2017 0.5% -1.4% 2.8% 25.85%
2016 0.9% -65.8% 7.1% 28.78%
2015 -1.5% -6.6% 3.0% 49.23%

Total Return Ranking - Trailing

Period GILHX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -10.9% 3.5% 3.87%
1 Yr 2.8% -13.5% 3.7% 4.02%
3 Yr 0.8%* -4.6% 2.3% 24.34%
5 Yr 0.5%* -19.1% 2.8% 28.47%
10 Yr N/A* -8.1% 3.5% N/A

* Annualized

Total Return Ranking - Calendar

Period GILHX Return Category Return Low Category Return High Rank in Category (%)
2019 -0.1% -6.6% 4.9% 95.35%
2018 -0.6% -4.1% 6.5% 29.22%
2017 0.8% -1.4% 4.7% 33.33%
2016 1.0% -65.2% 8.4% 34.53%
2015 -1.5% -5.3% 3.1% 57.69%

NAV & Total Return History


Holdings

GILHX - Holdings

Concentration Analysis

GILHX Category Low Category High GILHX % Rank
Net Assets 3.07 B 272 K 62.6 B 25.97%
Number of Holdings 455 6 2196 43.58%
Net Assets in Top 10 524 M 74.7 K 5.46 B 26.82%
Weighting of Top 10 18.98% 6.3% 99.7% 65.92%

Top 10 Holdings

  1. United States Treasury Notes 1.5% 4.94%
  2. SOCIETE GENERALE (Suisse) 1.3% 3.42%
  3. BNP PARIBAS ISSUANCE B.V. 1.93% 2.05%
  4. United States Treasury Notes 1.12% 1.99%
  5. United States Treasury Notes 1.5% 1.38%
  6. Marathon Clo I Ltd 2.57% 1.11%
  7. Mp Clo Viii Ltd 2015 2.7% 1.05%
  8. Wells Fargo & Company 2.66% 1.05%
  9. Santander UK PLC 2.2% 1.04%
  10. CIM TRUST 4.07% 0.96%

Asset Allocation

Weighting Return Low Return High GILHX % Rank
Bonds
78.71% 22.39% 135.68% 85.47%
Cash
22.92% -38.90% 77.61% 10.06%
Convertible Bonds
1.59% 0.00% 7.03% 51.40%
Stocks
0.02% 0.00% 6.70% 7.82%
Preferred Stocks
0.00% 0.00% 50.22% 36.87%
Other
-3.24% -3.24% 7.53% 97.77%

Stock Sector Breakdown

Weighting Return Low Return High GILHX % Rank
Utilities
0.00% 0.00% 10.71% 60.53%
Technology
0.00% 0.00% 15.62% 50.00%
Real Estate
0.00% 0.00% 89.12% 11.84%
Industrials
0.00% 0.00% 100.00% 10.53%
Healthcare
0.00% 0.00% 15.99% 51.32%
Financial Services
0.00% 0.00% 100.00% 22.37%
Energy
0.00% 0.00% 100.00% 77.63%
Communication Services
0.00% 0.00% 7.87% 2.63%
Consumer Defense
0.00% 0.00% 25.81% 51.32%
Consumer Cyclical
0.00% 0.00% 100.00% 40.79%
Basic Materials
0.00% 0.00% 16.96% 51.32%

Stock Geographic Breakdown

Weighting Return Low Return High GILHX % Rank
US
0.02% 0.00% 6.50% 7.82%
Non US
0.00% 0.00% 0.20% 30.73%

Bond Sector Breakdown

Weighting Return Low Return High GILHX % Rank
Securitized
50.02% 0.00% 85.56% 6.70%
Corporate
32.22% 1.79% 88.67% 70.39%
Government
9.09% 0.00% 52.11% 62.01%
Cash & Equivalents
6.30% 1.08% 77.61% 44.69%
Derivative
1.57% 0.00% 29.20% 21.79%
Municipal
0.80% 0.00% 15.58% 27.37%

Bond Geographic Breakdown

Weighting Return Low Return High GILHX % Rank
US
62.99% 0.00% 110.01% 79.33%
Non US
15.72% 0.00% 69.43% 73.18%

Expenses

GILHX - Expenses

Operational Fees

GILHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.02% 23.90% 70.45%
Management Fee 0.39% 0.00% 1.19% 65.19%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.41% 41.86%

Sales Fees

GILHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

GILHX 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.

GILHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 0.00% 496.37% 63.64%

Distributions

GILHX - Distributions

Dividend Yield Analysis

GILHX Category Low Category High GILHX % Rank
Dividend Yield 0.00% 0.00% 0.27% 33.70%

Dividend Distribution Analysis

GILHX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

GILHX Category Low Category High GILHX % Rank
Net Income Ratio 2.43% -2.82% 4.09% 61.36%

Capital Gain Distribution Analysis

GILHX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

GILHX - Fund Manager Analysis

Managers

Anne Walsh


Start Date

Tenure

Tenure Rank

Dec 16, 2013

6.54

6.5%

Anne B. Walsh, Chief Investment Officer, Fixed Income, Senior Managing Director and Portfolio Manager of Guggenheim Partners. Ms. Walsh joined Guggenheim Partners (or its affiliate or predecessor) in 2007 is also the head of the Portfolio Construction Group and Portfolio Management. She oversees more than $185 billion in fixed-income investments including Agencies, Credit, Municipals, and Structured Securities. She is responsible for portfolio design, strategy, sector allocation and risk management, as well as conveying Guggenheim Partners' macroeconomic outlook to Portfolio Managers and fixed income Sector Specialists. Ms. Walsh specializes in liability-driven portfolio management. Prior to joining Guggenheim Partners, she served as Chief Investment Officer at Reinsurance Group of America, and also held roles at Zurich Scudder Investments, Lincoln Investment Management and American Bankers Insurance Group. She has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute. Ms. Walsh received her BSBA and MBA from Auburn University and her J.D. from the University of Miami School of Law.

Steven Brown


Start Date

Tenure

Tenure Rank

Dec 16, 2013

6.54

6.5%

Mr. Brown joined Guggenheim in 2010 and is a part of the Portfolio Management team for Guggenheim’s Active Fixed Income and Total Return mandates. Mr. Brown is involved in all facets of portfolio management including working with the senior Portfolio Managers and CIOs to develop and apply the macro and sector level views at the individual portfolio level. Additionally he works closely with the sector teams and portfolio construction to implement trades and optimize portfolios. Prior to joining the portfolio management team in 2012 Mr. Brown worked in the non-mortgage asset backed securities group. His responsibilities on that team included trading, sourcing and evaluating investment opportunities and monitoring credits. Prior to joining Guggenheim Mr. Brown held roles within treasury services and structured products at ABN AMRO and Bank of America in Chicago and London. Mr. Brown earned a BS in Finance from Indiana University’s Kelley School of Business. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.

Adam Bloch


Start Date

Tenure

Tenure Rank

Jan 30, 2017

3.42

3.4%

Adam Bloch, Managing Director and Portfolio Manager of Guggenheim Partners. Mr. Bloch joined Guggenheim Partners in 2012 and is a Portfolio Manager for the firm's Active Fixed Income and Total Return mandates. Mr. Bloch works with the Chief Investment Officers and other Portfolio Managers to develop portfolio strategy that is in line with the firm’s views. He oversees strategy implementation, working with research analysts and traders to generate trade ideas, hedge portfolios, and manage day-to-day risk. Prior to joining Guggenheim Partners, he worked in Leveraged Finance at Bank of America Merrill Lynch in New York where he structured high-yield bonds and leveraged loans for leveraged buyouts, restructurings, and corporate refinancings across multiple industries. Mr. Bloch graduated from the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.15 26.85 6.14 0.34