GURAX: Guggenheim Risk Managed Real Estt A

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GURAX Guggenheim Risk Managed Real Estt A


Profile

GURAX - Profile

Vitals

  • YTD Return -12.1%
  • 3 Yr Annualized Return -0.9%
  • 5 Yr Annualized Return -1.6%
  • Net Assets $250 M
  • Holdings in Top 10 34.9%

52 WEEK LOW AND HIGH

$28.38
$23.41
$35.12

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.89%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 122.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return -12.1%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Guggenheim Risk Managed Real Estate Fund
  • Fund Family Name
    Guggenheim Investments
  • Inception Date
    Mar 28, 2014
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Youn

Fund Description

The fund normally invests at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in: (i) long and short equity securities of issuers primarily engaged in the real estate industry, such as real estate investment trusts ("REITs"); and (ii) equity-like securities, including individual securities, exchange-traded funds ("ETFs") and derivatives, giving exposure to issuers primarily engaged in the real estate industry.


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Categories

Performance

GURAX - Performance

Return Ranking - Trailing

Period GURAX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.1% -41.8% 1.0% 11.32%
1 Yr -11.2% -54.6% 21.5% 13.90%
3 Yr -0.9%* -25.3% 5.6% 5.17%
5 Yr -1.6%* -23.4% 6.4% 16.92%
10 Yr N/A* -8.3% 6.1% N/A

* Annualized

Return Ranking - Calendar

Period GURAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.0% -22.7% 43.1% 54.09%
2018 -6.8% -44.0% 2.2% 10.29%
2017 4.6% -16.4% 25.4% 16.82%
2016 4.7% -28.0% 12.5% 10.58%
2015 -11.7% -19.4% 2.4% 86.84%

Total Return Ranking - Trailing

Period GURAX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.1% -41.8% 1.0% 11.32%
1 Yr -11.2% -54.6% 21.5% 13.90%
3 Yr 1.2%* -23.7% 5.9% 4.74%
5 Yr 3.7%* -17.3% 6.4% 2.56%
10 Yr N/A* -4.3% 10.5% N/A

* Annualized

Total Return Ranking - Calendar

Period GURAX Return Category Return Low Category Return High Rank in Category (%)
2019 18.0% -22.7% 43.1% 54.09%
2018 -5.6% -43.3% 2.2% 20.99%
2017 9.9% -13.6% 31.4% 8.64%
2016 9.3% -12.3% 12.5% 6.25%
2015 3.5% -15.2% 7.7% 21.58%

NAV & Total Return History


Holdings

GURAX - Holdings

Concentration Analysis

GURAX Category Low Category High GURAX % Rank
Net Assets 250 M 1.26 M 54.6 B 56.52%
Number of Holdings 99 21 660 14.13%
Net Assets in Top 10 65.6 M 718 K 26.5 B 67.66%
Weighting of Top 10 34.87% 10.6% 78.9% 94.66%

Top 10 Holdings

  1. Equinix Inc 5.74%
  2. Prologis Inc 4.85%
  3. Welltower Inc 4.05%
  4. Ventas Inc 3.57%
  5. Healthpeak Properties Inc 3.29%
  6. Safehold Inc 2.95%
  7. Omega Healthcare Investors Inc 2.82%
  8. Vanguard Real Estate ETF 2.55%
  9. Simon Property Group Inc 2.52%
  10. Equity Residential 2.51%

Asset Allocation

Weighting Return Low Return High GURAX % Rank
Stocks
84.73% 6.22% 113.50% 86.99%
Cash
19.82% -103.72% 19.82% 1.49%
Preferred Stocks
0.00% 0.00% 53.49% 81.04%
Convertible Bonds
0.00% 0.00% 6.95% 79.55%
Bonds
0.00% -2.64% 106.34% 80.30%
Other
-4.55% -4.55% 88.14% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High GURAX % Rank
Real Estate
97.14% 43.26% 100.00% 84.56%
Consumer Cyclical
1.49% 0.00% 27.49% 15.06%
Technology
1.37% 0.00% 15.01% 11.20%
Utilities
0.00% 0.00% 6.44% 79.92%
Industrials
0.00% 0.00% 9.56% 81.08%
Healthcare
0.00% 0.00% 3.74% 81.08%
Financial Services
0.00% 0.00% 7.44% 80.31%
Energy
0.00% 0.00% 1.63% 79.15%
Communication Services
0.00% 0.00% 2.48% 79.15%
Consumer Defense
0.00% 0.00% 0.23% 79.15%
Basic Materials
0.00% 0.00% 5.36% 79.54%

Stock Geographic Breakdown

Weighting Return Low Return High GURAX % Rank
US
84.73% 6.22% 113.50% 85.87%
Non US
0.00% 0.00% 28.26% 83.64%

Expenses

GURAX - Expenses

Operational Fees

GURAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.89% 0.07% 19.12% 28.97%
Management Fee 0.75% 0.00% 1.67% 52.79%
12b-1 Fee 0.25% 0.00% 1.00% 53.15%
Administrative Fee N/A 0.01% 0.47% 45.27%

Sales Fees

GURAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 1.50% 6.50% 80.85%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GURAX 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.

GURAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 122.00% 3.00% 257.00% 88.03%

Distributions

GURAX - Distributions

Dividend Yield Analysis

GURAX Category Low Category High GURAX % Rank
Dividend Yield 0.00% 0.00% 8.04% 82.16%

Dividend Distribution Analysis

GURAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Quarterly Quarterly

Net Income Ratio Analysis

GURAX Category Low Category High GURAX % Rank
Net Income Ratio 1.09% -0.10% 5.67% 81.30%

Capital Gain Distribution Analysis

GURAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

GURAX - Fund Manager Analysis

Managers

Thomas Youn


Start Date

Tenure

Tenure Rank

Mar 28, 2014

6.1

6.1%

Thomas Youn, CFA, Managing Director and Portfolio Manager of Guggenheim Partners. Mr. Youn joined the firm in 2009, and is responsible for managing the firm's listed real estate strategies. Prior to joining the firm, Mr. Youn managed real estate strategies at Cliffwood Partners, where he served as a real estate generalist covering REITs and real estate C-Corps in the U.S. and Canada. He also assisted with portfolio construction and development of key investment themes and exposure targets for hedged and long-only funds. Prior to that, Mr. Youn was a Senior Equity Research Associate for Green Street Advisors covering the retail REIT sector. Prior to that, Mr. Youn gained public and private real estate experience working for Green Street Advisors and AEW Capital Management. Mr. Youn holds a B.S. in Finance from the University of Southern California and has earned the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 26.34 8.69 14.34