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GIFAX
Mutual Fund ticker: NASDAQ
AS OF
Jun 25 closing price
Price
$23.92
Change
+$0.01 (+0.04%)
Net Assets
773.95M

GIFAX Guggenheim Floating Rate Strats A Forecast, Technical & Fundamental Analysis

The investment seeks to provide a high level of current income while maximizing total return... Show more

Category: #Bank Loan
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide a high level of current income while maximizing total return. The fund normally invests at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in floating rate senior secured syndicated bank loans, floating rate revolving credit facilities, floating rate unsecured loans, floating rate asset backed securities, other floating rate bonds, loans, notes and other securities, fixed income instruments, and derivative instruments that provide exposure to floating rate or variable rate loans, obligations or other securities.
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A.I. Advisor
published General Information

General Information

Category BankLoan

Profile
Fundamentals
Details
Category
Bank Loan
Address
Guggenheim Investments805 King Farm Boulevard, Suite 600Rockville
Phone
N/A
Web
www.guggenheiminvestments.com
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GIFAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, GIFAX has been closely correlated with PFFRX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if GIFAX jumps, then PFFRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GIFAX
1D Price
Change %
GIFAX100%
N/A
PFFRX - GIFAX
95%
Closely correlated
N/A
TRIZX - GIFAX
94%
Closely correlated
N/A
FIQSX - GIFAX
93%
Closely correlated
N/A
EVBLX - GIFAX
92%
Closely correlated
N/A
FFRHX - GIFAX
89%
Closely correlated
N/A
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