The article highlighted the outstanding performance of Guggenheim Investments’ flagship Total Return Bond Fund (GIBIX), noting that the fund’s allocation to AAA-rated credit and overweight position to securitized credit relative to peers helped drive the firm’s top ranking over 49 other fixed-income asset managers for the one-year period ending 12.31.2023.
Guggenheim Investments’ total fixed income mutual fund assets increased over 19 percent in 2023, and generated net sales of $1.6 billion year-to-date through the end of February 2024.
“On behalf of our clients, we’re honored to be recognized by Barron’s as top Taxable Bond Fund Family once again this year,” said Dina DiLorenzo, Co-President of Guggenheim Investments. “Stewardship of client trust is paramount to all of us at Guggenheim and Barron’s recognition of Guggenheim serves as further validation of this firmwide commitment. We offer our congratulations to the entire investment team on this wonderful recognition.”
“We are proud to be recognized by Barron’s for our strategy and performance again in 2023,” said Anne Walsh, Chief Investment Officer of Guggenheim Partners Investment Management. “Our industry-leading results validate our repeatable investment process that is rooted in behavioral finance. We look forward to continuing to work hard to deliver exceptional results for our clients.”
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with more than $231 billion¹ in total assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 250 investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.
Investing involves risk, including the possible loss of principal. In general, the value of a fixed-income security falls when interest rates rise and rises when interest rates fall. Longer term bonds are more sensitive to interest rate changes and subject to greater volatility than those with shorter maturities. High yield and unrated debt securities are at a greater risk of default than investment grade bonds and may be less liquid, which may increase volatility.
This material is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation.
Read a fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at GuggenheimInvestments.com or call 800.820.0888.
