Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
5.0%
1 yr return
5.3%
3 Yr Avg Return
-1.9%
5 Yr Avg Return
0.0%
Net Assets
$25.1 M
Holdings in Top 10
46.4%
Expense Ratio 1.36%
Front Load 4.00%
Deferred Load N/A
Turnover 22.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | GIJAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -4.3% | 40.7% | 10.28% |
1 Yr | 5.3% | -2.6% | 46.0% | 43.79% |
3 Yr | -1.9%* | -10.3% | 6.3% | 93.65% |
5 Yr | 0.0%* | -6.5% | 1105.2% | 90.67% |
10 Yr | 1.4%* | -0.9% | 249.0% | 64.81% |
* Annualized
Period | GIJAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.4% | -1.4% | 41.0% | 89.43% |
2022 | -16.1% | -39.7% | 0.3% | 91.95% |
2021 | -0.3% | -5.6% | 6.9% | 42.47% |
2020 | 3.1% | -2.6% | 310.0% | 7.00% |
2019 | 4.5% | 0.0% | 26.0% | 27.21% |
Period | GIJAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -4.3% | 40.7% | 10.28% |
1 Yr | 5.3% | -2.6% | 46.0% | 43.79% |
3 Yr | -1.9%* | -10.3% | 6.3% | 93.65% |
5 Yr | 0.0%* | -6.5% | 1105.2% | 90.67% |
10 Yr | 1.4%* | -0.9% | 249.0% | 64.81% |
* Annualized
Period | GIJAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -1.3% | 41.0% | 80.00% |
2022 | -13.2% | -39.7% | 1.1% | 91.06% |
2021 | 2.0% | -4.8% | 23761504.0% | 40.41% |
2020 | 4.4% | -1.5% | 17057.9% | 30.53% |
2019 | 5.9% | 0.2% | 3514.6% | 66.95% |
GIJAX | Category Low | Category High | GIJAX % Rank | |
---|---|---|---|---|
Net Assets | 25.1 M | 3.22 M | 71.9 B | 97.51% |
Number of Holdings | 65 | 4 | 13418 | 95.70% |
Net Assets in Top 10 | 9.69 M | -317 M | 3.09 B | 95.30% |
Weighting of Top 10 | 46.41% | 1.8% | 100.3% | 3.09% |
Weighting | Return Low | Return High | GIJAX % Rank | |
---|---|---|---|---|
Bonds | 96.92% | 0.00% | 150.86% | 79.87% |
Other | 4.53% | -3.69% | 53.54% | 0.74% |
Stocks | 0.00% | 0.00% | 99.78% | 24.77% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 13.63% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 12.95% |
Cash | 0.00% | -50.86% | 44.62% | 85.22% |
Weighting | Return Low | Return High | GIJAX % Rank | |
---|---|---|---|---|
Municipal | 95.02% | 44.39% | 100.00% | 81.52% |
Derivative | 4.53% | -3.69% | 53.54% | 0.34% |
Government | 2.36% | 0.00% | 52.02% | 1.01% |
Corporate | 0.02% | 0.00% | 9.41% | 16.86% |
Cash & Equivalents | 0.00% | 0.00% | 44.41% | 62.79% |
Securitized | 0.00% | 0.00% | 5.93% | 14.36% |
Weighting | Return Low | Return High | GIJAX % Rank | |
---|---|---|---|---|
US | 96.92% | 0.00% | 142.23% | 77.43% |
Non US | 0.00% | 0.00% | 23.89% | 17.46% |
GIJAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.36% | 0.01% | 8.02% | 20.23% |
Management Fee | 0.50% | 0.00% | 1.20% | 79.80% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.45% |
Administrative Fee | N/A | 0.01% | 0.44% | 45.55% |
GIJAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.00% | 0.50% | 4.75% | 31.32% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
GIJAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
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.
GIJAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.00% | 0.00% | 283.00% | 63.62% |
GIJAX | Category Low | Category High | GIJAX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.82% | 0.00% | 14.51% | 41.95% |
GIJAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
GIJAX | Category Low | Category High | GIJAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.82% | -0.53% | 5.33% | 57.44% |
GIJAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.047 | OrdinaryDividend |
Oct 31, 2024 | $0.028 | OrdinaryDividend |
Sep 30, 2024 | $0.026 | OrdinaryDividend |
Aug 30, 2024 | $0.030 | OrdinaryDividend |
Jul 31, 2024 | $0.033 | OrdinaryDividend |
Apr 30, 2024 | $0.029 | OrdinaryDividend |
Mar 28, 2024 | $0.033 | OrdinaryDividend |
Feb 29, 2024 | $0.034 | OrdinaryDividend |
Jan 31, 2024 | $0.032 | OrdinaryDividend |
Dec 29, 2023 | $0.038 | OrdinaryDividend |
Nov 30, 2023 | $0.033 | OrdinaryDividend |
Oct 31, 2023 | $0.029 | OrdinaryDividend |
Sep 29, 2023 | $0.024 | OrdinaryDividend |
Aug 31, 2023 | $0.022 | OrdinaryDividend |
Jul 31, 2023 | $0.022 | OrdinaryDividend |
Jun 30, 2023 | $0.020 | OrdinaryDividend |
May 31, 2023 | $0.021 | OrdinaryDividend |
Apr 28, 2023 | $0.019 | OrdinaryDividend |
Mar 31, 2023 | $0.023 | OrdinaryDividend |
Feb 28, 2023 | $0.020 | OrdinaryDividend |
Jan 31, 2023 | $0.017 | OrdinaryDividend |
Dec 30, 2022 | $0.026 | OrdinaryDividend |
Dec 15, 2022 | $0.140 | CapitalGainShortTerm |
Nov 30, 2022 | $0.023 | OrdinaryDividend |
Oct 31, 2022 | $0.022 | OrdinaryDividend |
Sep 30, 2022 | $0.028 | OrdinaryDividend |
Aug 31, 2022 | $0.016 | OrdinaryDividend |
Jul 29, 2022 | $0.021 | OrdinaryDividend |
Jun 30, 2022 | $0.016 | OrdinaryDividend |
May 31, 2022 | $0.018 | OrdinaryDividend |
Apr 29, 2022 | $0.019 | OrdinaryDividend |
Mar 31, 2022 | $0.018 | OrdinaryDividend |
Feb 28, 2022 | $0.016 | OrdinaryDividend |
Jan 31, 2022 | $0.016 | OrdinaryDividend |
Dec 31, 2021 | $0.018 | OrdinaryDividend |
Dec 16, 2021 | $0.057 | CapitalGainLongTerm |
Nov 30, 2021 | $0.017 | OrdinaryDividend |
Oct 29, 2021 | $0.017 | OrdinaryDividend |
Sep 30, 2021 | $0.019 | OrdinaryDividend |
Aug 31, 2021 | $0.018 | OrdinaryDividend |
Jul 30, 2021 | $0.019 | OrdinaryDividend |
Jun 30, 2021 | $0.018 | OrdinaryDividend |
May 28, 2021 | $0.018 | OrdinaryDividend |
Apr 30, 2021 | $0.021 | OrdinaryDividend |
Mar 31, 2021 | $0.021 | OrdinaryDividend |
Feb 26, 2021 | $0.020 | OrdinaryDividend |
Jan 29, 2021 | $0.019 | OrdinaryDividend |
Dec 31, 2020 | $0.023 | OrdinaryDividend |
Dec 17, 2020 | $0.019 | CapitalGainLongTerm |
Nov 30, 2020 | $0.019 | OrdinaryDividend |
Oct 30, 2020 | $0.020 | OrdinaryDividend |
Sep 30, 2020 | $0.020 | OrdinaryDividend |
Aug 31, 2020 | $0.020 | OrdinaryDividend |
Jul 31, 2020 | $0.021 | OrdinaryDividend |
Mar 31, 2020 | $0.023 | OrdinaryDividend |
Dec 31, 2019 | $0.003 | OrdinaryDividend |
Nov 29, 2019 | $0.003 | OrdinaryDividend |
Oct 31, 2019 | $0.003 | OrdinaryDividend |
Sep 30, 2019 | $0.002 | OrdinaryDividend |
Aug 30, 2019 | $0.002 | OrdinaryDividend |
Jul 31, 2019 | $0.002 | OrdinaryDividend |
Dec 20, 2018 | $0.002 | CapitalGainShortTerm |
Dec 20, 2018 | $0.035 | CapitalGainLongTerm |
Jul 29, 2012 | $0.033 | DailyAccrualFund |
Jun 27, 2012 | $0.035 | DailyAccrualFund |
May 29, 2012 | $0.036 | DailyAccrualFund |
Apr 30, 2012 | $0.026 | OrdinaryDividend |
Mar 30, 2012 | $0.031 | OrdinaryDividend |
Feb 29, 2012 | $0.032 | OrdinaryDividend |
Jan 31, 2012 | $0.020 | OrdinaryDividend |
Dec 13, 2011 | $0.200 | OrdinaryDividend |
Sep 13, 2011 | $0.200 | OrdinaryDividend |
Jun 13, 2011 | $0.200 | OrdinaryDividend |
Mar 11, 2011 | $0.200 | OrdinaryDividend |
Dec 13, 2010 | $0.200 | OrdinaryDividend |
Sep 13, 2010 | $0.200 | OrdinaryDividend |
Jun 11, 2010 | $0.180 | OrdinaryDividend |
Mar 11, 2010 | $0.180 | OrdinaryDividend |
Dec 11, 2009 | $0.180 | OrdinaryDividend |
Sep 11, 2009 | $0.180 | OrdinaryDividend |
Jun 11, 2009 | $0.180 | OrdinaryDividend |
Mar 11, 2009 | $0.253 | OrdinaryDividend |
Dec 11, 2008 | $0.253 | OrdinaryDividend |
Sep 11, 2008 | $0.253 | OrdinaryDividend |
Jun 11, 2008 | $0.253 | OrdinaryDividend |
Mar 12, 2008 | $0.253 | OrdinaryDividend |
Dec 21, 2007 | $0.115 | CapitalGainLongTerm |
Dec 12, 2007 | $0.253 | ExtraDividend |
Nov 13, 2007 | $0.253 | OrdinaryDividend |
Aug 13, 2007 | $0.234 | OrdinaryDividend |
May 11, 2007 | $0.234 | OrdinaryDividend |
Feb 13, 2007 | $0.234 | OrdinaryDividend |
Nov 13, 2006 | $0.234 | OrdinaryDividend |
Aug 11, 2006 | $0.234 | OrdinaryDividend |
May 11, 2006 | $0.234 | OrdinaryDividend |
Feb 13, 2006 | $0.234 | OrdinaryDividend |
Nov 10, 2005 | $0.234 | OrdinaryDividend |
Aug 11, 2005 | $0.234 | OrdinaryDividend |
May 11, 2005 | $0.234 | OrdinaryDividend |
Feb 11, 2005 | $0.234 | OrdinaryDividend |
Nov 10, 2004 | $0.234 | OrdinaryDividend |
Aug 11, 2004 | $0.234 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Jan 17, 2012
10.38
10.4%
Anne B. Walsh, Chief Investment Officer, Fixed Income, Senior Managing Director and Portfolio Manager of Guggenheim Partners. Ms. Walsh joined Guggenheim Partners (or its affiliate or predecessor) in 2007 is also the head of the Portfolio Construction Group and Portfolio Management. She oversees more than $185 billion in fixed-income investments including Agencies, Credit, Municipals, and Structured Securities. She is responsible for portfolio design, strategy, sector allocation and risk management, as well as conveying Guggenheim Partners' macroeconomic outlook to Portfolio Managers and fixed income Sector Specialists. Ms. Walsh specializes in liability-driven portfolio management. Prior to joining Guggenheim Partners, she served as Chief Investment Officer at Reinsurance Group of America, and also held roles at Zurich Scudder Investments, Lincoln Investment Management and American Bankers Insurance Group. She has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute. Ms. Walsh received her BSBA and MBA from Auburn University and her J.D. from the University of Miami School of Law.
Start Date
Tenure
Tenure Rank
Jan 17, 2012
10.38
10.4%
B. Scott Minerd, Chairman, Global Chief Investment Officer, Managing Partner and Portfolio Manager of Guggenheim Partners. Mr. Minerd joined Guggenheim Partners (or its affiliate or predecessor) in May 1998. Mr. Minerd leads Guggenheim Partners' research on global macroeconomics and guides the firm’s investment strategies.Previously, Mr. Minerd was a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group. In this position, he was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units. Prior to that, Mr. Minerd was Morgan Stanley’s London based European Capital Markets Products Trading and Risk Manager responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities and money market products in 12 European currencies and Asian markets. Mr. Minerd has also held capital markets positions with Merrill Lynch and Continental Bank. Prior to that, he was a Certified Public Accountant and worked for the public accounting firm of Price Waterhouse. Mr. Minerd is a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, helping advise the NY Fed President and senior management at the bank about the current financial markets and ways the public and private sectors can better understand and mitigate systematic risks. Mr. Minerd also works with the Organization for Economic Cooperation and Development (OECD), advising on research and analysis of private sector infrastructure investment, and is a contributing member of the World Economic Forum (WEF). He is a regularly featured guest and contributor to leading financial media outlets, including The Wall Street Journal, The Financial Times, Bloomberg, and CNBC, where he shares insights on today’s financial climate. Mr. Minerd holds a B.S. degree in Economics from the Wharton School, University of Pennsylvania, Philadelphia, and has completed graduate work at the University of Chicago Graduate School of Business and the Wharton School, University of Pennsylvania.
Start Date
Tenure
Tenure Rank
Jan 31, 2017
5.33
5.3%
Allen Li, Managing Director and Portfolio Manager of Guggenheim Partners. Mr. Li joined Guggenheim in 2007 with a dual role in equities and investment grade corporate research. He began covering municipal bonds when Guggenheim built up sector exposure to take advantage of the auction-rate securities market dislocation in early 2008. He manages Guggenheim’s dedicated municipal portfolios in addition to overseeing multi-strategy accounts’ exposure to the sector. Mr. Li received a B.A. in Economics from Cornell University. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.
Start Date
Tenure
Tenure Rank
Dec 10, 2019
2.47
2.5%
Steve Brown, Senior Managing Director and Portfolio Manager of Guggenheim Partners and Senior Managing Director and Portfolio Manager of Security Investors. He has co-managed Series E since 2016. Mr. Brown joined Guggenheim Investments in 2010 and is a Portfolio Manager for Guggenheim Partners' Active Fixed Income and Total Return mandates. He works with the Chief Investment Officers and other members of the Portfolio Management team to develop and execute portfolio strategy. Additionally, he works closely with the Sector Teams and Portfolio Construction Group. Prior to joining Portfolio Management in 2012, Brown worked in Guggenheim Partners' Asset Backed Securities group. His responsibilities on that team included trading and evaluating investment opportunities and monitoring credit performance. Prior to joining Guggenheim Partners in 2010, Mr. Brown held roles within structured products at ABN AMRO and Bank of America in Chicago and London. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.
Start Date
Tenure
Tenure Rank
Dec 10, 2019
2.47
2.5%
Adam Bloch, Managing Director and Portfolio Manager of Guggenheim Partners. Mr. Bloch joined Guggenheim Partners in 2012 and is a Portfolio Manager for the firm's Active Fixed Income and Total Return mandates. Mr. Bloch works with the Chief Investment Officers and other Portfolio Managers to develop portfolio strategy that is in line with the firm’s views. He oversees strategy implementation, working with research analysts and traders to generate trade ideas, hedge portfolios, and manage day-to-day risk. Prior to joining Guggenheim Partners, he worked in Leveraged Finance at Bank of America Merrill Lynch in New York where he structured high-yield bonds and leveraged loans for leveraged buyouts, restructurings, and corporate refinancings across multiple industries. Mr. Bloch graduated from the University of Pennsylvania.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |
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