GILIX: Guggenheim StylePlus - Large Core Instl

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GILIX Guggenheim StylePlus - Large Core Instl


Profile

GILIX - Profile

Vitals

  • YTD Return 2.9%
  • 3 Yr Annualized Return -0.1%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $215 M
  • Holdings in Top 10 79.0%

52 WEEK LOW AND HIGH

$22.37
$17.98
$22.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.09%

SALES FEES

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

BROKERAGE FEES

  • Turnover 51.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 2.9%
  • 3 Yr Annualized Total Return 13.6%
  • 5 Yr Annualized Total Return 11.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Guggenheim StylePlus - Large Core Fund Institutional
  • Fund Family Name
    Guggenheim Investments
  • Inception Date
    Mar 01, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Farhan Sharaff

Fund Description

The fund seeks to exceed the total return of the S&P 500 Index. It pursues its objective by investing, under normal circumstances, at least 80% of its assets in: (i) equity securities issued by companies that have market capitalizations within the range of companies in the index; (ii) investment vehicles that provide exposure to companies that have market capitalizations within the range of companies in the index; and (iii) equity derivatives.


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Categories

Performance

GILIX - Performance

Return Ranking - Trailing

Period GILIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.9% -6.8% 3.7% 24.53%
1 Yr 24.4% -25.0% 33.8% 20.45%
3 Yr -0.1%* -18.3% 15.1% 60.00%
5 Yr 0.2%* -13.0% 12.9% 54.55%
10 Yr N/A* -2.0% 16.2% N/A

* Annualized

Return Ranking - Calendar

Period GILIX Return Category Return Low Category Return High Rank in Category (%)
2019 27.6% -13.8% 39.5% 4.55%
2018 -24.4% -48.9% 1.4% 72.50%
2017 2.6% -3.9% 24.8% 77.14%
2016 10.0% -9.5% 17.8% 8.82%
2015 -10.0% -18.8% 1.4% 37.50%

Total Return Ranking - Trailing

Period GILIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.9% -6.8% 3.7% 24.53%
1 Yr 24.4% -25.0% 33.8% 18.18%
3 Yr 13.6%* -18.3% 15.1% 8.57%
5 Yr 11.4%* -12.5% 12.9% 9.09%
10 Yr N/A* 1.4% 16.3% N/A

* Annualized

Total Return Ranking - Calendar

Period GILIX Return Category Return Low Category Return High Rank in Category (%)
2019 27.6% -13.8% 39.5% 4.55%
2018 -7.0% -48.9% 1.4% 25.00%
2017 22.4% -3.9% 24.8% 8.57%
2016 13.4% -9.5% 26.8% 20.59%
2015 1.4% -15.9% 1.4% 6.25%

NAV & Total Return History


Holdings

GILIX - Holdings

Concentration Analysis

GILIX Category Low Category High GILIX % Rank
Net Assets 215 M 100 11.2 B 55.36%
Number of Holdings 124 3 425 22.73%
Net Assets in Top 10 159 M 5.95 M 2.12 B 63.64%
Weighting of Top 10 79.02% 14.6% 200.3% 9.09%

Top 10 Holdings

  1. Guggenheim Strategy III 33.82%
  2. Guggenheim Strategy II 30.17%
  3. Guggenheim Ultra Short Duration Instl 11.12%
  4. Apple Inc 0.91%
  5. Microsoft Corp 0.73%
  6. Alphabet Inc Class C 0.59%
  7. Exxon Mobil Corp 0.46%
  8. Amazon.com Inc 0.42%
  9. Chevron Corp 0.40%
  10. Verizon Communications Inc 0.40%

Asset Allocation

Weighting Return Low Return High GILIX % Rank
Bonds
30.86% 0.00% 65.68% 9.09%
Other
30.25% 0.00% 30.25% 4.55%
Stocks
20.82% 7.31% 99.97% 93.18%
Cash
17.89% 0.00% 49.81% 11.36%
Convertible Bonds
0.19% 0.00% 22.88% 11.36%
Preferred Stocks
0.00% 0.00% 22.85% 65.91%

Stock Sector Breakdown

Weighting Return Low Return High GILIX % Rank
Technology
20.55% 0.00% 31.48% 20.45%
Healthcare
18.28% 0.00% 24.62% 9.09%
Industrials
14.85% 5.44% 27.13% 45.45%
Consumer Cyclical
12.09% 2.76% 29.47% 34.09%
Energy
11.42% 0.00% 11.60% 20.45%
Consumer Defense
10.96% 0.00% 39.26% 56.82%
Financial Services
7.05% 0.00% 46.55% 81.82%
Communication Services
4.82% 0.00% 15.57% 68.18%
Utilities
0.00% 0.00% 13.04% 75.00%
Real Estate
0.00% 0.00% 9.80% 84.09%
Basic Materials
0.00% 0.00% 9.48% 86.36%

Stock Geographic Breakdown

Weighting Return Low Return High GILIX % Rank
US
20.69% -19.25% 79.60% 90.91%
Non US
0.13% 0.00% 112.38% 88.64%

Bond Sector Breakdown

Weighting Return Low Return High GILIX % Rank
Securitized
32.72% 0.00% 38.48% 6.82%
Cash & Equivalents
28.76% 1.00% 100.00% 65.91%
Corporate
26.08% 0.00% 99.00% 50.00%
Government
12.29% 0.00% 76.95% 13.64%
Derivative
0.08% 0.00% 2.86% 11.36%
Municipal
0.08% 0.00% 2.31% 6.82%

Bond Geographic Breakdown

Weighting Return Low Return High GILIX % Rank
US
23.32% 0.00% 59.88% 9.09%
Non US
7.54% 0.00% 7.54% 4.55%

Expenses

GILIX - Expenses

Operational Fees

GILIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.35% 5.40% 80.43%
Management Fee 0.75% 0.20% 1.00% 50.88%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.95% 21.43%

Sales Fees

GILIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GILIX 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.

GILIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 1.00% 3908.00% 65.12%

Distributions

GILIX - Distributions

Dividend Yield Analysis

GILIX Category Low Category High GILIX % Rank
Dividend Yield 0.00% 0.00% 19.23% 57.89%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GILIX Category Low Category High GILIX % Rank
Net Income Ratio 1.73% -0.43% 2.39% 26.09%

Capital Gain Distribution Analysis

GILIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

GILIX - Fund Manager Analysis

Managers

Farhan Sharaff


Start Date

Tenure

Tenure Rank

Apr 18, 2013

6.71

6.7%

Mr. Sharaff joined Guggenheim in May 2009 and is a Senior Managing Director and the Assistant Chief Investment Officer, Equities. Mr. Sharaff has more than 30 years of experience in investment research and investment management. Prior to joining Guggenheim, he was a Partner and Chief Investment Officer at MJX Capital Advisors, a wealth management firm focused on providing advice and investment management for its clients. Prior to that, Mr. Sharaff served as the global chief investment officer at CIGNA Corporation, Zurich Scudder Investments and Citigroup. In all of these engagements, Mr. Sharaff was responsible for research, investment management, product development and investment risk management. He was also a member of the business management teams at Citigroup and Zurich Scudder. Mr. Sharaff has a B.S. in Electrical Engineering from the University of Aston (U.K.) and an MBA from the Manchester Business School (U.K.). Mr. Sharaff sits on the board of Guggenheim Global Investment plc.

Jayson Flowers


Start Date

Tenure

Tenure Rank

Apr 18, 2013

6.71

6.7%

Mr. Flowers joined Guggenheim Partners in 1998 and serves as the Head of Guggenheim’s Equity and Derivative Strategies where he manages the portfolios, risk, and trading across the Equity, Derivatives, Managed Futures, and Commodity Strategies. His investment experience ranges in expertise from Managing Portfolios and Risk on Structured Product Investments, Global Equity Arbitrage, Alternatives, and Asset Backed Strategies, to Trading U.S. Government Agencies, Foreign Sovereign Debt, Commodities, Managed Futures, Currencies, and Derivatives. Prior to Guggenheim, Mr. Flowers was a founding partner of Adventure Capital, a Venture Capital and Merchant Banking company. Previously Mr. Flowers was at Credit Suisse First Boston, Dominick & Dominick Inc., and Coopers & Lybrand. Mr. Flowers holds a B.A. in Economics from Union College.

Qi Yan


Start Date

Tenure

Tenure Rank

Apr 30, 2016

3.67

3.7%

Qi Yan, Managing Director and Portfolio Manager in equity and equity derivative strategies of Guggenheim Partners. Mr. Yan joined Guggenheim Partners in 2005. In addition to his portfolio management responsibilities, Mr. Yan works closely with institutional clients in developing and implementing customized risk management solutions. Mr. Yan earned his M.S. in Statistics from Yale University, and his B.S. in Mathematics from Cambridge University.

Adam Bloch


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.16

1.2%

Mr. Bloch is a Director and Portfolio Manager of Guggenheim. Mr. Bloch joined Guggenheim in 2012. He works directly with sector traders, research heads, and risk managers and is responsible for buy and sell recommendations, day-to-day risk monitoring, and various special projects for Guggenheim Total Return mandates. In addition to his fixed-income responsibilities, Mr. Bloch helps with implementation of various macro overlays on certain portfolios. Prior to joining Guggenheim Investments, 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 refinancing across multiple industries. Mr. Bloch graduated from the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.85 6.96 0.08