Guggenheim Market Neutral Real Estate Fund P Class

Frequently Asked Questions About GUMPX

What does GUMPX invest in?

The fund aims to achieve its investment objective by allocating at least 80% of its total capital—comprising its net assets plus any leverage utilized for investment purposes—to investments linked to the real estate industry. This allocation primarily targets both long and short equity securities of firms predominantly engaged in real estate activities, including entities like Real Estate Investment Trusts (REITs). Furthermore, the fund invests in various equity-linked instruments, such as individual stocks, Exchange-Traded Funds (ETFs), and derivatives, to secure both bullish (long) and bearish (short) exposure to companies whose primary business lies in real estate.

What is the expense ratio of GUMPX?

Guggenheim Market Neutral Real Estate Fund P Class (GUMPX) charges an expense ratio of 1.63%. This is the annual fee deducted from fund assets to cover management and operations.

How big is GUMPX?

Guggenheim Market Neutral Real Estate Fund P Class (GUMPX) manages $28.4M 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 GUMPX actively managed or an index fund?

GUMPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was GUMPX launched?

Guggenheim Market Neutral Real Estate Fund P Class (GUMPX) launched in February 2016 and is managed by the fund issuer.

How has GUMPX performed?

GUMPX'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.