- What does GIOIX invest in?
- The Guggenheim Macro Opportunities Fund strategically allocates its capital across a diverse range of fixed-income instruments, other debt obligations, and select equity securities. Its investment choices span various economic sectors and different levels of credit quality. Key components of its portfolio prominently feature corporate bonds, a broad spectrum of bank lending products including syndicated loans, direct financing opportunities, and acquired interests in such loans through participations and assignments. Additionally, the fund invests in asset-backed securities, debt issued by the U.S. government and its agencies, international sovereign bonds, Eurodollar-denominated instruments, hybrid securities like mezzanine debt and preferred shares, commercial paper, zero-coupon bonds, and municipal debt, among other types of holdings.
- What is the expense ratio of GIOIX?
- Guggenheim Macro Opportunities Fund (GIOIX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.
- What is GIOIX's dividend yield?
- GIOIX's trailing-twelve-month yield is 6.15%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of GIOIX?
- Effective duration measures GIOIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GIOIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of GIOIX?
- GIOIX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of GIOIX?
- Yield to maturity (YTM) is the total return you'd earn from GIOIX if every bond in the portfolio is held to maturity at the current price. GIOIX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
