| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
3
2
1
1
5
|
|
Zacks Investment Research
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|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
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U.S. News evaluated 58 Muni National Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all Guggenheim Investments funds
Performance
The fund has returned 8.61 percent over the past year, 8.73 percent over the past three years, and 4.76 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.6% |
| 1 Year | 8.6% |
| 3 Years (Annualized) | 8.7% |
| 5 Years (Annualized) | 4.8% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to provide current income with an emphasis on income exempt from federal income tax, while also considering capital appreciation. The fund normally invests at least 80% of its assets in a diversified portfolio of municipal securities whose interest is free from federal income tax. It may invest 25% or more of the fund's assets in municipal instruments that finance similar projects, such as those relating to education, healthcare, housing, utilities, or water and sewers. The fund also may invest, up to 20% of its assets in a variety of investment vehicles, principally closed-end funds, exchange traded funds ("ETFs") and other mutual funds.
Fees
Fees are Above Average compared to funds in the same category.
Guggenheim Municipal Income Fund has an expense ratio of 0.87 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
