Guggenheim Total Return Bond Fund (GIBIX)
Guggenheim Total Return Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $23.42, up 0.09% on the session, giving a market capitalisation of $32.13B. Its beta of 1.00 implies it has historically moved less than the broad market.
This fund allocates a substantial majority of its portfolio, dedicating at least 80% of its total assets (comprising net assets along with any borrowed capital used for investment) to various debt instruments. While its primary investment focus is on debt securities issued or traded in developed economies worldwide, the fund retains complete discretion to invest in securities from other nations, including those considered emerging markets.
Guggenheim Total Return Bond Fund is most often compared with the following Financial Services names: