XGPMX: Guggenheim Enhanced Equity Income - MutualFunds.com

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Guggenheim Enhanced Equity Inc

XGPMX - Snapshot

Vitals

  • YTD Return -22.7%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return 6.8%
  • Net Assets $305 M
  • Holdings in Top 10 32.6%

52 WEEK LOW AND HIGH

$6.42
$4.41
$8.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.74%

SALES FEES

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

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Closed-end mutual fund
  • Investment Style Options-based

Compare XGPMX to Popular Options-based Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$22.57

-1.61%

$11.31 B

1.03%

$0.24

6.16%

0.60%

$34.19

-1.89%

$6.94 B

1.08%

$0.38

-1.44%

1.01%

$8.10

-3.34%

$2.54 B

-

-

-10.99%

1.07%

$11.62

-3.17%

$1.82 B

-

-

-5.99%

1.07%

$8.05

-2.66%

$1.55 B

-

-

-19.74%

0.87%

XGPMX - Profile

Distributions

  • YTD Total Return -22.7%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Guggenheim Enhanced Equity Income
  • Fund Family Name
    Guggenheim Investments Asset Management
  • Inception Date
    Aug 25, 2005
  • Shares Outstanding
    48342587
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jayson Flowers

Fund Description

N/A


XGPMX - Performance

Return Ranking - Trailing

Period XGPMX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.7% -41.1% 864.0% 97.39%
1 Yr -7.7% -33.3% 28.0% 92.27%
3 Yr 0.7%* -14.7% 15.2% 68.83%
5 Yr 6.8%* -6.3% 14.6% 23.42%
10 Yr 7.6%* -5.5% 12.7% 30.61%

* Annualized

Return Ranking - Calendar

Period XGPMX Return Category Return Low Category Return High Rank in Category (%)
2019 14.2% -28.6% 28.4% 26.52%
2018 -22.5% -93.5% 8.2% 98.00%
2017 8.0% -38.9% 19.8% 41.79%
2016 -0.2% -10.9% 12.8% 73.83%
2015 -8.9% -31.0% 6.6% 79.78%

Total Return Ranking - Trailing

Period XGPMX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.7% -41.1% 864.0% 97.39%
1 Yr -7.7% -36.5% 28.0% 90.91%
3 Yr 0.7%* -14.7% 15.2% 67.53%
5 Yr 6.8%* -6.3% 14.6% 21.62%
10 Yr 7.6%* -5.5% 12.7% 28.57%

* Annualized

Total Return Ranking - Calendar

Period XGPMX Return Category Return Low Category Return High Rank in Category (%)
2019 14.2% -5.9% 28.4% 27.07%
2018 -22.5% -30.9% 8.2% 98.67%
2017 8.0% -23.4% 19.8% 55.97%
2016 -0.2% -10.9% 12.8% 83.18%
2015 -8.9% -31.0% 8.0% 79.78%

NAV & Total Return History


XGPMX - Holdings

Concentration Analysis

XGPMX Category Low Category High XGPMX % Rank
Net Assets 305 M 112 K 11.3 B 19.11%
Number of Holdings 509 3 509 0.41%
Net Assets in Top 10 135 M -4.54 M 3.8 B 25.10%
Weighting of Top 10 32.62% 14.5% 100.0% 67.35%

Top 10 Holdings

  1. iShares Russell 2000 ETF 10.64%
  2. Invesco QQQ Trust 10.45%
  3. SPDR® S&P 500 ETF Trust 10.43%
  4. Gap Inc 0.16%
  5. ResMed Inc 0.16%
  6. Eli Lilly and Co 0.16%
  7. The AES Corp 0.16%
  8. Lam Research Corp 0.16%
  9. Hologic Inc 0.16%
  10. Howmet Aerospace Inc 0.15%

Asset Allocation

Weighting Return Low Return High XGPMX % Rank
Stocks
99.92% -3.62% 102.96% 4.53%
Cash
0.09% -29.12% 100.04% 90.53%
Preferred Stocks
0.00% 0.00% 4.89% 24.69%
Other
0.00% -5.49% 79.36% 38.27%
Convertible Bonds
0.00% 0.00% 26.25% 30.45%
Bonds
0.00% 0.00% 97.19% 31.69%

Stock Sector Breakdown

Weighting Return Low Return High XGPMX % Rank
Technology
18.00% 0.00% 44.96% 71.43%
Healthcare
13.45% 0.00% 31.08% 81.25%
Industrials
12.83% 1.45% 44.64% 12.50%
Financial Services
12.62% 0.00% 27.81% 86.16%
Consumer Cyclical
12.56% 0.00% 19.31% 14.29%
Consumer Defense
6.70% 0.00% 27.36% 86.16%
Communication Services
6.53% 0.00% 21.22% 87.50%
Real Estate
5.31% 0.00% 9.43% 4.46%
Utilities
4.53% 0.00% 14.51% 14.29%
Energy
3.92% 0.00% 60.53% 19.20%
Basic Materials
3.54% 0.00% 64.58% 24.55%

Stock Geographic Breakdown

Weighting Return Low Return High XGPMX % Rank
US
98.36% -3.59% 102.13% 13.17%
Non US
1.56% -1.51% 98.65% 35.80%

XGPMX - Expenses

Operational Fees

XGPMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.74% 0.35% 9.76% 12.96%
Management Fee 0.90% 0.20% 1.75% 64.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.28% N/A

Sales Fees

XGPMX 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% 1.00% N/A

Trading Fees

XGPMX 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.

XGPMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 456.80% 47.78%

XGPMX - Distributions

Dividend Yield Analysis

XGPMX Category Low Category High XGPMX % Rank
Dividend Yield 0.00% 0.00% 11.63% 39.02%

Dividend Distribution Analysis

XGPMX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

XGPMX Category Low Category High XGPMX % Rank
Net Income Ratio -0.02% -2.13% 14.24% 71.89%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

XGPMX - Fund Manager Analysis

Managers

Jayson Flowers


Start Date

Tenure

Tenure Rank

Apr 20, 2010

10.45

10.5%

Jayson B. 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.

Jamal Pesaran


Start Date

Tenure

Tenure Rank

Apr 20, 2010

10.45

10.5%

Mr. Pesaran is a Portfolio Sector Manager covering equity and equity derivatives strategies. Prior to joining the Guggenheim, he was with Lehman Brothers (2005-2007) and then HSBC Securities (2007-2008) in equity derivatives sales covering hedge fund clients for the US and Pacific Rim markets. Mr. Pesaran was an options market-maker and portfolio manager from 1996-2004 notably with Goldman Sachs' Hull Trading Group (1998-2001) and UBS Investment Bank (2002-2004) in London and Frankfurt, respectively. Mr. Pesaran holds his MBA from UCLA Anderson Graduate School of Business and a Bachelor of Science degree in Economics from Bristol University (U.K.). Mr. Pesaran joined in 2008.

B. Scott Minerd


Start Date

Tenure

Tenure Rank

Apr 20, 2010

10.45

10.5%

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

Apr 20, 2010

10.45

10.5%

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.

Farhan Sharaff


Start Date

Tenure

Tenure Rank

Apr 20, 2010

10.45

10.5%

Farhan Sharaff has served as a Portfolio Manager for each Fund since 2017. He is Assistant Chief Investment Officer, Equities, Senior Managing Director and Portfolio Manager of Guggenheim Partners. Mr. Sharaff joined Guggenheim Partners in May 2009. Mr. Sharaff has more than 30 years of experience in investment research and investment management. Prior to joining Guggenheim Partners, 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, especially in the traditional and alternative asset classes and Guggenheim Investments plc. Prior to that, Mr. Sharaff served as the global Chief Investment Officer at CIGNA Corporation, Zurich Scudder Investments and Citigroup. In all of the above 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 in Finance from the Manchester Business School (U.K.). In addition, Mr. Sharaff sits on boards of CITIC Capital Asset Management, Clarfeld Financial Advisors, and Guggenheim Global Investment plc.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 19.27 3.72 5.17