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Guggenheim Floating Rate Strategies Fund (GIFIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Guggenheim Floating Rate Strategies Fund (GIFIX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The fund normally invests at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in floating rate senior secured syndicated bank loans, floating rate revolving credit facilities, floating rate unsecured loans, floating rate asset backed securities, other floating rate bonds, loans, notes and other securities, fixed income instruments, and derivative instruments that provide exposure to floating rate or variable rate loans, obligations or other securities.

Fund Info

ISIN

US40168W7157

CUSIP

40168W715

Issuer

Guggenheim Investments

Inception Date

Nov 29, 2011

Category

Bank Loan

Min. Investment

$2,000,000

Asset Class

Bond

Expense Ratio

GIFIX has an expense ratio of 0.78%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Guggenheim Floating Rate Strategies Fund

Popular comparisons:
GIFIX vs. GILHX GIFIX vs. PONPX
Popular comparisons:
GIFIX vs. GILHX GIFIX vs. PONPX

Performance

Performance Chart

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S&P 500

Returns By Period

Guggenheim Floating Rate Strategies Fund (GIFIX) returned 1.39% year-to-date (YTD) and 6.14% over the past 12 months. Over the past 10 years, GIFIX returned 4.35% annually, underperforming the S&P 500 benchmark at 10.84%.

GIFIX

YTD

1.39%

1M

1.73%

6M

2.65%

1Y

6.14%

3Y*

8.04%

5Y*

7.08%

10Y*

4.35%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of GIFIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.74%0.05%-0.49%-0.09%1.18%1.39%
20240.33%0.83%0.92%0.32%0.75%-0.05%0.65%0.76%0.48%0.57%0.85%0.59%7.23%
20232.87%0.44%0.15%0.92%-0.25%2.44%1.26%1.34%0.70%-0.32%1.27%1.54%13.03%
20220.17%-0.63%0.00%-0.12%-2.37%-2.32%2.40%1.39%-2.31%1.26%1.48%0.38%-0.81%
20211.11%0.47%0.08%0.55%0.77%0.28%-0.07%0.38%0.79%0.21%-0.15%0.61%5.13%
20200.55%-1.44%-12.83%4.29%2.74%1.00%2.28%1.71%1.01%0.14%1.85%1.48%1.68%
20191.94%1.41%-0.30%1.58%-0.34%0.14%0.90%-0.31%0.41%-0.50%0.67%1.38%7.14%
20180.74%0.01%0.25%0.27%0.03%-0.03%0.73%0.42%0.69%-0.04%-0.73%-2.35%-0.06%
20170.30%0.43%0.14%0.32%0.39%0.06%0.69%-0.05%0.38%0.56%0.13%0.24%3.63%
2016-0.37%-0.59%2.21%1.44%0.65%-0.07%1.36%0.58%0.69%0.49%0.27%0.82%7.70%
20150.31%1.23%0.41%0.74%0.35%-0.07%0.43%-0.47%-0.36%0.02%-0.67%-0.57%1.34%
20140.67%0.40%0.34%0.11%0.58%0.50%0.05%0.32%-0.30%0.09%0.63%-0.69%2.73%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 95, GIFIX is among the top 5% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of GIFIX is 9595
Overall Rank
The Sharpe Ratio Rank of GIFIX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of GIFIX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of GIFIX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of GIFIX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of GIFIX is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Guggenheim Floating Rate Strategies Fund (GIFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Guggenheim Floating Rate Strategies Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 2.27
  • 5-Year: 2.68
  • 10-Year: 1.31
  • All Time: 1.68

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Guggenheim Floating Rate Strategies Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Guggenheim Floating Rate Strategies Fund provided a 8.05% dividend yield over the last twelve months, with an annual payout of $1.93 per share. The fund has been increasing its distributions for 3 consecutive years.

3.00%4.00%5.00%6.00%7.00%8.00%$0.00$0.50$1.00$1.50$2.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$1.93$2.05$2.05$1.16$0.87$1.01$1.22$1.19$1.00$1.07$1.16$1.46

Dividend yield

8.05%8.47%8.34%4.90%3.46%4.09%4.81%4.79%3.83%4.10%4.58%5.61%

Monthly Dividends

The table displays the monthly dividend distributions for Guggenheim Floating Rate Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.15$0.13$0.14$0.15$0.00$0.57
2024$0.17$0.17$0.18$0.17$0.19$0.16$0.17$0.19$0.16$0.17$0.15$0.16$2.05
2023$0.15$0.16$0.18$0.14$0.18$0.18$0.16$0.19$0.18$0.18$0.18$0.19$2.05
2022$0.05$0.05$0.07$0.07$0.07$0.08$0.10$0.11$0.11$0.13$0.14$0.16$1.16
2021$0.07$0.07$0.07$0.08$0.09$0.08$0.07$0.06$0.07$0.07$0.06$0.07$0.87
2020$0.10$0.09$0.09$0.09$0.08$0.07$0.09$0.07$0.10$0.08$0.07$0.08$1.01
2019$0.10$0.09$0.10$0.11$0.11$0.10$0.11$0.11$0.09$0.10$0.10$0.10$1.22
2018$0.09$0.08$0.09$0.10$0.10$0.10$0.10$0.11$0.09$0.10$0.11$0.12$1.19
2017$0.08$0.06$0.09$0.09$0.07$0.09$0.08$0.09$0.09$0.08$0.08$0.09$1.00
2016$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$0.09$1.07
2015$0.10$0.08$0.09$0.09$0.10$0.09$0.09$0.09$0.09$0.09$0.08$0.16$1.16
2014$0.10$0.10$0.09$0.10$0.10$0.10$0.07$0.16$0.14$0.10$0.10$0.31$1.46

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Guggenheim Floating Rate Strategies Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Guggenheim Floating Rate Strategies Fund was 19.03%, occurring on Mar 24, 2020. Recovery took 177 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.03%Feb 3, 202036Mar 24, 2020177Dec 3, 2020213
-5.96%Jan 24, 2022113Jul 6, 2022131Jan 11, 2023244
-3.49%Aug 3, 2015142Feb 24, 201640Apr 21, 2016182
-3.45%Oct 11, 201853Dec 27, 201842Feb 28, 201995
-2.49%Mar 3, 202526Apr 7, 202524May 12, 202550
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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