Guggenheim Floating Rate Strategies Fund Class C (GIFCX) Research

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.

Market snapshot

Symbol
GIFCX
Price
$23.06
Day change
+0.04%
Market cap
$507.1M
52-week range
22.9-23.97
Sector
Financial Services
Industry
Asset Management

Peer companies

  • BlackRock Commodity Strategies Portfolio (BICSX)
  • Buffalo High Yield Fund, Inc. (BUFHX)
  • Catalyst/CIFC Floating Rate Income Fund Class I (CFRIX)
  • Eaton Vance Floating-Rate & Hi Inc Inst (EIFHX)
  • Guggenheim Floating Rate Strategies Fund Class A (GIFAX)
  • Guggenheim Floating Rate Strategies Fund Institutional Class (GIFIX)
  • Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX)
  • Matthews Japan Fund Investor Class (MJFOX)

Open Guggenheim Floating Rate Strategies Fund Class C (GIFCX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.