GIOIX: Guggenheim Macro Opportunities Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$27.30

-

4.48%

$0.87

1.05%

Vitals

YTD Return

-0.7%

1 yr return

8.7%

3 Yr Avg Return

4.9%

5 Yr Avg Return

4.9%

Net Assets

$7.76 B

Holdings in Top 10

28.9%

52 WEEK LOW AND HIGH

$27.31
$26.16
$27.87

Expenses

OPERATING FEES

Expense Ratio 1.05%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 130.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Nontraditional Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$27.30

-

4.48%

$0.87

1.05%

GIOIX - Profile

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.32%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Guggenheim Macro Opportunities Fund
  • Fund Family Name
    Guggenheim Investments
  • Inception Date
    Nov 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    B. Scott Minerd

Fund Description

The fund invests in a wide range of fixed-income and other debt and equity securities selected from a variety of sectors and credit qualities, principally, corporate bonds, syndicated bank loans and other direct lending opportunities, participations in and assignments of syndicated bank loans, asset-backed securities, U.S. government and agency securities, sovereign debt securities, Eurodollar bonds and obligations, mezzanine and preferred securities, commercial paper, zero-coupon bonds, municipal securities, etc.


GIOIX - Performance

Return Ranking - Trailing

Period GIOIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -25.0% 23.2% 76.36%
1 Yr 8.7% -30.0% 49.9% 19.13%
3 Yr 4.9%* -10.6% 11.7% 47.53%
5 Yr 4.9%* -14.4% 13.9% 25.21%
10 Yr N/A* -1.4% 14.0% N/A

* Annualized

Return Ranking - Calendar

Period GIOIX Return Category Return Low Category Return High Rank in Category (%)
2020 6.9% -49.2% 314.3% 8.31%
2019 -1.0% -35.1% 16.7% 94.10%
2018 -3.0% -48.0% 3.4% 22.81%
2017 1.6% -14.8% 11.2% 50.28%
2016 4.7% -11.2% 12.8% 23.78%

Total Return Ranking - Trailing

Period GIOIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -25.0% 22.7% 76.36%
1 Yr 8.7% -34.1% 49.9% 18.15%
3 Yr 4.9%* -12.3% 13.0% 42.63%
5 Yr 4.9%* -15.4% 13.9% 22.51%
10 Yr N/A* -1.4% 14.0% N/A

* Annualized

Total Return Ranking - Calendar

Period GIOIX Return Category Return Low Category Return High Rank in Category (%)
2020 6.9% -49.2% 314.3% 8.31%
2019 -1.0% -35.1% 16.7% 94.57%
2018 -2.8% -48.0% 8.0% 41.34%
2017 1.6% -14.8% 15.2% 67.72%
2016 4.7% -11.2% 17.7% 43.86%

NAV & Total Return History


GIOIX - Holdings

Concentration Analysis

GIOIX Category Low Category High GIOIX % Rank
Net Assets 7.76 B 10 143 B 7.17%
Number of Holdings 1309 3 7887 16.04%
Net Assets in Top 10 938 M -8.09 B 6.07 B 12.66%
Weighting of Top 10 28.91% 4.1% 100.0% 50.67%

Top 10 Holdings

  1. Uniform Mbs 30 Year 8.18%
  2. Uniform Mbs 30 Year 8.18%
  3. Uniform Mbs 30 Year 8.18%
  4. Uniform Mbs 30 Year 8.18%
  5. Uniform Mbs 30 Year 8.18%
  6. Uniform Mbs 30 Year 8.18%
  7. Uniform Mbs 30 Year 8.18%
  8. Uniform Mbs 30 Year 8.18%
  9. Uniform Mbs 30 Year 8.18%
  10. Uniform Mbs 30 Year 8.18%

Asset Allocation

Weighting Return Low Return High GIOIX % Rank
Bonds
83.49% -169.75% 217.61% 62.03%
Cash
10.49% -152.64% 281.06% 31.83%
Stocks
5.70% -54.77% 182.84% 12.91%
Preferred Stocks
3.54% 0.00% 32.58% 9.02%
Convertible Bonds
0.37% 0.00% 129.09% 75.31%
Other
-3.59% -39.52% 104.83% 96.74%

Stock Sector Breakdown

Weighting Return Low Return High GIOIX % Rank
Financial Services
65.10% 0.00% 100.00% 8.79%
Real Estate
15.57% 0.00% 100.00% 15.93%
Basic Materials
11.74% 0.00% 47.08% 4.58%
Consumer Cyclical
1.39% 0.00% 100.00% 47.80%
Technology
1.26% 0.00% 100.00% 32.78%
Healthcare
1.22% 0.00% 100.00% 32.60%
Consumer Defense
1.20% 0.00% 100.00% 30.22%
Industrials
1.18% 0.00% 100.00% 42.12%
Utilities
0.93% 0.00% 100.00% 37.00%
Communication Services
0.31% 0.00% 100.00% 52.20%
Energy
0.10% 0.00% 100.00% 73.99%

Stock Geographic Breakdown

Weighting Return Low Return High GIOIX % Rank
US
5.17% -50.06% 182.84% 11.03%
Non US
0.53% -4.71% 10.02% 14.54%

Bond Sector Breakdown

Weighting Return Low Return High GIOIX % Rank
Corporate
61.56% 0.00% 100.00% 28.20%
Securitized
26.90% 0.00% 99.25% 31.70%
Cash & Equivalents
9.74% 0.00% 100.00% 38.72%
Government
1.22% 0.00% 99.48% 79.20%
Derivative
0.58% 0.00% 58.05% 42.86%
Municipal
0.00% 0.00% 54.18% 69.42%

Bond Geographic Breakdown

Weighting Return Low Return High GIOIX % Rank
US
68.02% -170.06% 209.58% 38.10%
Non US
15.47% 0.00% 126.35% 64.41%

GIOIX - Expenses

Operational Fees

GIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.02% 5.53% 48.50%
Management Fee 0.90% 0.00% 2.25% 76.05%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.85% 43.54%

Sales Fees

GIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

GIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

GIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 130.00% 0.00% 498.00% 74.69%

GIOIX - Distributions

Dividend Yield Analysis

GIOIX Category Low Category High GIOIX % Rank
Dividend Yield 4.48% 0.00% 3.36% 56.65%

Dividend Distribution Analysis

GIOIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

GIOIX Category Low Category High GIOIX % Rank
Net Income Ratio 3.32% -1.31% 11.44% 44.46%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

GIOIX - Fund Manager Analysis

Managers

B. Scott Minerd


Start Date

Tenure

Tenure Rank

Nov 30, 2011

9.76

9.8%

B. Scott Minerd, Chairman, Global Chief Investment Officer, Managing Partner and Portfolio Manager of Guggenheim Partners. Mr. Minerd joined Guggenheim Partners (or its affiliate or predecessor) in May 1998. Mr. Minerd leads Guggenheim Partners' research on global macroeconomics and guides the firm’s investment strategies.Previously, Mr. Minerd was a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group. In this position, he was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units. Prior to that, Mr. Minerd was Morgan Stanley’s London based European Capital Markets Products Trading and Risk Manager responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities and money market products in 12 European currencies and Asian markets. Mr. Minerd has also held capital markets positions with Merrill Lynch and Continental Bank. Prior to that, he was a Certified Public Accountant and worked for the public accounting firm of Price Waterhouse. Mr. Minerd is a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, helping advise the NY Fed President and senior management at the bank about the current financial markets and ways the public and private sectors can better understand and mitigate systematic risks. Mr. Minerd also works with the Organization for Economic Cooperation and Development (OECD), advising on research and analysis of private sector infrastructure investment, and is a contributing member of the World Economic Forum (WEF). He is a regularly featured guest and contributor to leading financial media outlets, including The Wall Street Journal, The Financial Times, Bloomberg, and CNBC, where he shares insights on today’s financial climate. Mr. Minerd holds a B.S. degree in Economics from the Wharton School, University of Pennsylvania, Philadelphia, and has completed graduate work at the University of Chicago Graduate School of Business and the Wharton School, University of Pennsylvania.

Anne Walsh


Start Date

Tenure

Tenure Rank

Nov 30, 2011

9.76

9.8%

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.

Adam Bloch


Start Date

Tenure

Tenure Rank

Apr 30, 2016

5.34

5.3%

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.

Steven Brown


Start Date

Tenure

Tenure Rank

Apr 30, 2016

5.34

5.3%

Steve Brown, Senior Managing Director and Portfolio Manager of Guggenheim Partners and Senior Managing Director and Portfolio Manager of Security Investors. He has co-managed Series E since 2016. Mr. Brown joined Guggenheim Investments in 2010 and is a Portfolio Manager for Guggenheim Partners' Active Fixed Income and Total Return mandates. He works with the Chief Investment Officers and other members of the Portfolio Management team to develop and execute portfolio strategy. Additionally, he works closely with the Sector Teams and Portfolio Construction Group. Prior to joining Portfolio Management in 2012, Brown worked in Guggenheim Partners' Asset Backed Securities group. His responsibilities on that team included trading and evaluating investment opportunities and monitoring credit performance. Prior to joining Guggenheim Partners in 2010, Mr. Brown held roles within structured products at ABN AMRO and Bank of America in Chicago and London. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 27.68 5.4 2.45