# Guggenheim Floating Rate Strategies Fund Class C (GIFCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gifcx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Guggenheim · Asset class: Equity - Strategy: Thematic · Inception: 2011-11-30 This fund aims to deliver a robust level of ongoing income while simultaneously striving to maximize overall returns. It typically dedicates a minimum of 80% of its total investment capital (comprising net assets and any funds borrowed for investment purposes) to a diverse range of adjustable-rate instruments. These include senior secured syndicated bank loans, revolving credit facilities, unsecured loans, asset-backed securities, and other floating-rate bonds, notes, and various debt obligations. The fund may also utilize fixed-income instruments and derivative contracts that provide expos... ## Key Facts | Metric | Value | |---|---| | Price | $22.63 | | Expense Ratio | 1.80% | | Assets Under Management | $470.6M | | NAV | $22.63 | | Holdings Count | — | | Distribution Yield (TTM) | 5.72% | | Annual Distribution (TTM) | $1.30 /share | | Distribution Frequency | Monthly | | 52-Week Range | $22.63 – $23.51 | | Beta | 0.04 | ## Latest Distribution - Amount: $0.0962 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does GIFCX invest in? This fund aims to deliver a robust level of ongoing income while simultaneously striving to maximize overall returns. It typically dedicates a minimum of 80% of its total investment capital (comprising net assets and any funds borrowed for investment purposes) to a diverse range of adjustable-rate instruments. These include senior secured syndicated bank loans, revolving credit facilities, unsecured loans, asset-backed securities, and other floating-rate bonds, notes, and various debt obligations. The fund may also utilize fixed-income instruments and derivative contracts that provide exposure to variable-rate loans or other similar securities. ### What is the expense ratio of GIFCX? Guggenheim Floating Rate Strategies Fund Class C (GIFCX) charges an expense ratio of 1.80%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is GIFCX? Guggenheim Floating Rate Strategies Fund Class C (GIFCX) manages $470.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is GIFCX actively managed or an index fund? GIFCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was GIFCX launched? Guggenheim Floating Rate Strategies Fund Class C (GIFCX) launched in November 2011 and is managed by Guggenheim. ### How has GIFCX performed? GIFCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does GIFCX pay a dividend? Guggenheim Floating Rate Strategies Fund Class C (GIFCX) currently distributes little or no income. Trailing-twelve-month yield is 5.72%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GIFCX pay dividends? Guggenheim Floating Rate Strategies Fund Class C pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GIFCX's dividend yield? GIFCX's trailing-twelve-month yield is 5.72%, calculated from the sum of dividends over the past year divided by the current price. ### When is GIFCX's next ex-dividend date? The most recently announced ex-dividend date for GIFCX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GIFCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GIFCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GIFCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GIFCX cost more than a fund like VOO? GIFCX's strategy (current expense ratio 1.80%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where GIFCX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to GIFCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GIFCX (1.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gifcx - Distribution history: https://www.dividenddata.com/funds/gifcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gifcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gifcx/expenses - Peer comparison: https://www.dividenddata.com/funds/gifcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.