3 / 5 Stars
4 3 1 1 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#56 in High Yield Bond
U.S. News evaluated 174 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 10.42 percent over the past year, 7.47 percent over the past three years, 18.95 percent over the past five years, and 8.12 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.8%|
|3 Years (Annualized)||7.5%|
|5 Years (Annualized)||18.9%|
|10 Years (Annualized)||8.1%|
The investment seeks high current income; capital appreciation is a secondary objective. The fund invests at least 80% of its assets, under normal market conditions, in a broad range of high yield, high risk debt securities rated below the top four long-term rating categories by a nationally recognized statistical rating organization or, if unrated, determined by Security Investors, LLC, also known as Guggenheim Investments (the "Investment Manager"), to be of comparable quality. It also may invest in a variety of investment vehicles, principally, closed-end funds, exchange traded funds ("ETFs") and other mutual funds.
Fees are Above Average compared to funds in the same category.
Guggenheim High Yield Fund has an expense ratio of 1.18 percent.
Risk is High compared to funds in the same category according to Morningstar.