4 / 5 Stars
4 4 3 1 2
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 109 Multialternative 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 11.58 percent over the past year, and 5.48 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.2%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to achieve capital growth. The fund primarily seeks to obtain these exposures through swap agreements, but it also may invest in a combination of: domestic and foreign common stock; American Depositary Receipts ("ADRs"); credit or equity-linked instruments, primarily consisting of structured notes and exchange-traded notes ("ETNs"); exchange-traded funds ("ETFs"); other pooled investment vehicles; and other derivatives, primarily consisting of futures, options, and options on futures. It also may enter into short sales and invest in short positions of certain of its portfolio investments. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Guggenheim Event Driven & Distressed Strategies Fund has an expense ratio of 1.91 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.