Guggenheim Risk Managed Real Estate Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-8.3%
1 yr return
-0.1%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
4.2%
Net Assets
$348 M
Holdings in Top 10
48.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.72%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 80.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GURAX - Profile
Distributions
- YTD Total Return -8.3%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 4.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.95%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGuggenheim Risk Managed Real Estate Fund
-
Fund Family NameGuggenheim
-
Inception DateMar 28, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSamir Sanghani
Fund Description
GURAX - Performance
Return Ranking - Trailing
Period | GURAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.3% | -14.8% | 2.0% | 22.44% |
1 Yr | -0.1% | -14.1% | 13.6% | 33.07% |
3 Yr | -1.2%* | -13.3% | 10.4% | 22.18% |
5 Yr | 4.2%* | -11.8% | 12.9% | 6.14% |
10 Yr | 7.2%* | -2.0% | 13.7% | 5.26% |
* Annualized
Return Ranking - Calendar
Period | GURAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.4% | -17.6% | 24.6% | 33.86% |
2022 | -28.7% | -51.3% | 2.7% | 22.92% |
2021 | 34.2% | -7.7% | 52.3% | 37.90% |
2020 | -5.9% | -42.2% | 35.0% | 23.93% |
2019 | 18.0% | -0.6% | 43.1% | 54.22% |
Total Return Ranking - Trailing
Period | GURAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -8.3% | -14.8% | 2.0% | 22.44% |
1 Yr | -0.1% | -14.1% | 13.6% | 33.07% |
3 Yr | -1.2%* | -13.3% | 10.4% | 22.18% |
5 Yr | 4.2%* | -11.8% | 12.9% | 6.14% |
10 Yr | 7.2%* | -2.0% | 13.7% | 5.26% |
* Annualized
Total Return Ranking - Calendar
Period | GURAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.3% | -14.0% | 25.0% | 2.36% |
2022 | -20.6% | -40.7% | 7.8% | 12.25% |
2021 | 50.7% | 7.8% | 54.6% | 7.26% |
2020 | 6.2% | -36.6% | 44.3% | 6.41% |
2019 | 27.0% | 3.4% | 46.4% | 55.11% |
NAV & Total Return History
GURAX - Holdings
Concentration Analysis
GURAX | Category Low | Category High | GURAX % Rank | |
---|---|---|---|---|
Net Assets | 348 M | 2.26 M | 63.6 B | 46.90% |
Number of Holdings | 90 | 18 | 513 | 19.19% |
Net Assets in Top 10 | 174 M | 711 K | 30.4 B | 44.65% |
Weighting of Top 10 | 48.67% | 16.9% | 82.2% | 83.39% |
Top 10 Holdings
- Prologis, Inc. 11.75%
- Equinix, Inc. 6.75%
- Public Storage 4.66%
- Simon Property Group, Inc. 4.21%
- Digital Realty Trust, Inc. 4.06%
- VICI Properties, Inc. 3.87%
- Invitation Homes, Inc. 3.81%
- Extra Space Storage, Inc. 3.46%
- Dreyfus Treasury Securities Cash Management Fund - Institutional Shares 3.14%
- Welltower, Inc. 2.96%
Asset Allocation
Weighting | Return Low | Return High | GURAX % Rank | |
---|---|---|---|---|
Stocks | 92.80% | 0.00% | 106.01% | 77.12% |
Other | 3.71% | -89.96% | 112.19% | 11.44% |
Cash | 3.49% | -42.50% | 20.74% | 21.03% |
Preferred Stocks | 0.00% | 0.00% | 31.13% | 87.45% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 84.81% |
Bonds | 0.00% | -3.17% | 148.00% | 85.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GURAX % Rank | |
---|---|---|---|---|
Real Estate | 100.00% | 34.46% | 100.00% | 28.79% |
Utilities | 0.00% | 0.00% | 3.55% | 83.27% |
Technology | 0.00% | 0.00% | 12.02% | 87.16% |
Industrials | 0.00% | 0.00% | 7.39% | 85.99% |
Healthcare | 0.00% | 0.00% | 0.53% | 83.66% |
Financial Services | 0.00% | 0.00% | 37.05% | 84.82% |
Energy | 0.00% | 0.00% | 33.11% | 83.27% |
Communication Services | 0.00% | 0.00% | 11.61% | 84.44% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 82.88% |
Consumer Cyclical | 0.00% | 0.00% | 45.29% | 89.49% |
Basic Materials | 0.00% | 0.00% | 13.69% | 84.05% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GURAX % Rank | |
---|---|---|---|---|
US | 92.80% | 0.00% | 106.01% | 74.91% |
Non US | 0.00% | 0.00% | 41.39% | 85.24% |
GURAX - Expenses
Operational Fees
GURAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.72% | 0.07% | 24.62% | 29.48% |
Management Fee | 0.75% | 0.00% | 1.50% | 60.15% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.69% |
Administrative Fee | N/A | 0.01% | 0.45% | 45.27% |
Sales Fees
GURAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 3.00% | 5.75% | 74.47% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
GURAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GURAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 80.00% | 0.11% | 380.00% | 77.38% |
GURAX - Distributions
Dividend Yield Analysis
GURAX | Category Low | Category High | GURAX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.24% | 0.00% | 13.37% | 43.91% |
Dividend Distribution Analysis
GURAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
GURAX | Category Low | Category High | GURAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.95% | -1.14% | 6.05% | 55.97% |
Capital Gain Distribution Analysis
GURAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.161 | OrdinaryDividend |
Dec 29, 2023 | $0.233 | OrdinaryDividend |
Sep 29, 2023 | $0.221 | OrdinaryDividend |
Jun 30, 2023 | $0.207 | OrdinaryDividend |
Mar 31, 2023 | $0.206 | OrdinaryDividend |
Dec 30, 2022 | $1.487 | OrdinaryDividend |
Sep 30, 2022 | $0.215 | OrdinaryDividend |
Jun 30, 2022 | $0.113 | OrdinaryDividend |
Mar 31, 2022 | $0.101 | OrdinaryDividend |
Sep 30, 2021 | $0.102 | OrdinaryDividend |
Jun 30, 2021 | $0.123 | OrdinaryDividend |
Mar 31, 2021 | $0.121 | OrdinaryDividend |
Jun 30, 2020 | $0.102 | OrdinaryDividend |
Mar 31, 2020 | $0.147 | OrdinaryDividend |
Dec 31, 2019 | $1.291 | OrdinaryDividend |
Sep 30, 2019 | $0.103 | OrdinaryDividend |
Jun 28, 2019 | $0.135 | OrdinaryDividend |
Mar 29, 2019 | $0.184 | OrdinaryDividend |
Sep 28, 2018 | $0.155 | OrdinaryDividend |
Jun 29, 2018 | $0.130 | OrdinaryDividend |
Mar 29, 2018 | $0.096 | OrdinaryDividend |
Sep 29, 2017 | $0.116 | OrdinaryDividend |
Jun 30, 2017 | $0.128 | OrdinaryDividend |
Mar 31, 2017 | $0.065 | OrdinaryDividend |
Sep 30, 2016 | $0.078 | OrdinaryDividend |
Jun 30, 2016 | $0.060 | OrdinaryDividend |
Mar 31, 2016 | $0.127 | OrdinaryDividend |
Sep 30, 2014 | $0.027 | OrdinaryDividend |
Jun 30, 2014 | $0.060 | OrdinaryDividend |
GURAX - Fund Manager Analysis
Managers
Samir Sanghani
Start Date
Tenure
Tenure Rank
Feb 25, 2021
1.26
1.3%
Samir Sanghani’s responsibilities include equity portfolio management, research, and development of strategies as head of the Quantitative Strategies Group in Santa Monica. He also leads a team of fundamental sector analysts covering US equities. Prior to joining Guggenheim in 2008, he was portfolio manager of a value/opportunistic equity hedge fund. Mr. Sanghani also served as VP of Operations and Chief Compliance Officer at a multi-manager hedge fund firm offering fundamental and quantitative equity long/short strategies. Prior to this, he was a Management Consultant for six years at PricewaterhouseCoopers. Mr. Sanghani holds a B.S. degree in Electrical and Computer Engineering from Rice University and an MBA from M.I.T. Sloan School of Management. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.
Michael Chong
Start Date
Tenure
Tenure Rank
Feb 25, 2021
1.26
1.3%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 7.89 | 2.23 |