Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX) Research
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.
Market snapshot
- Symbol
- GIFPX
- Price
- $23.08
- Day change
- +0.04%
- Market cap
- $507.4M
- 52-week range
- 22.92-23.99
- 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 Class C (GIFCX)
- Guggenheim Floating Rate Strategies Fund Institutional Class (GIFIX)
- Matthews Japan Fund Investor Class (MJFOX)
Open Guggenheim Funds Trust - Guggenheim Floating Rate Strategies Fund (GIFPX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.