Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Guggenheim Ultra Short Duration A GIYAX
- NAV / 1-Day Return 10.02 / +0.01 %
- Total Assets 516.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.590%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 5.06%
- Effective Duration 0.78 years
USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:20 PM GMT+0
Morningstar’s Analysis GIYAX
Will GIYAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 11.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federal Home Loan Banks 5.26% | 10.36 | 52.7 Mil | Cash and Equivalents |
Bofa Securities, Inc. | 5.32 | 27.1 Mil | Cash and Equivalents |
Bnp Paribas | 4.84 | 24.6 Mil | Cash and Equivalents |
J.P. Morgan Securities Llc | 3.75 | 19.1 Mil | — |
Athene Global Funding 5.926% | 2.16 | 11.0 Mil | Cash and Equivalents |
Dreyfus Treasury Obligations Csh Mgt Ins | 2.01 | 10.2 Mil | Cash and Equivalents |
BX COMMERCIAL MORTGAGE TRUST 7.093% | 1.98 | 10.1 Mil | Securitized |
F&G Global Funding 0.9% | 1.89 | 9.6 Mil | Cash and Equivalents |
Bank Of Montreal | 1.63 | 8.3 Mil | Cash and Equivalents |
NYMT LOAN TRUST 1.67% | 1.30 | 6.6 Mil | Securitized |