# Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gifpx 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: 2015-05-01 The fund's primary objective is to deliver significant current income, alongside striving to maximize its overall return. Typically, at least 80% of the fund's capital, comprising its net assets plus any borrowed amounts designated for investment, is allocated to a diverse portfolio. This portfolio predominantly consists of floating-rate instruments such as senior secured syndicated bank loans, revolving credit facilities, unsecured loans, and asset-backed securities, in addition to other floating-rate bonds, loans, notes, and similar debt instruments. Furthermore, the fund may invest in fi... ## Key Facts | Metric | Value | |---|---| | Price | $22.65 | | Expense Ratio | 1.05% | | Assets Under Management | $470.6M | | NAV | $22.65 | | Holdings Count | — | | Distribution Yield (TTM) | 6.49% | | Annual Distribution (TTM) | $1.47 /share | | Distribution Frequency | Monthly | | 52-Week Range | $22.65 – $23.53 | | Beta | 0.04 | ## Latest Distribution - Amount: $0.1105 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does GIFPX invest in? The fund's primary objective is to deliver significant current income, alongside striving to maximize its overall return. Typically, at least 80% of the fund's capital, comprising its net assets plus any borrowed amounts designated for investment, is allocated to a diverse portfolio. This portfolio predominantly consists of floating-rate instruments such as senior secured syndicated bank loans, revolving credit facilities, unsecured loans, and asset-backed securities, in addition to other floating-rate bonds, loans, notes, and similar debt instruments. Furthermore, the fund may invest in fixed income securities and employ derivative products to gain exposure to floating or variable rate loans, obligations, or other financial assets. ### What is the expense ratio of GIFPX? Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is GIFPX? Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX) 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 GIFPX actively managed or an index fund? GIFPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was GIFPX launched? Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX) launched in May 2015 and is managed by Guggenheim. ### How has GIFPX performed? GIFPX'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 GIFPX pay a dividend? Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX) currently distributes little or no income. Trailing-twelve-month yield is 6.49%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GIFPX pay dividends? Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GIFPX's dividend yield? GIFPX's trailing-twelve-month yield is 6.49%, calculated from the sum of dividends over the past year divided by the current price. ### When is GIFPX's next ex-dividend date? The most recently announced ex-dividend date for GIFPX 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 GIFPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% 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 GIFPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GIFPX'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 GIFPX cost more than a fund like VOO? GIFPX's strategy (current expense ratio 1.05%) 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 GIFPX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to GIFPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GIFPX (1.05%) 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/gifpx - Distribution history: https://www.dividenddata.com/funds/gifpx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gifpx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gifpx/expenses - Peer comparison: https://www.dividenddata.com/funds/gifpx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.