Guggenheim Investments, the global asset management and investment
advisory business of Guggenheim Partners, was named Best Fixed
Income Small Fund Group at the 2015 Lipper U.S. Fund Awards event
held tonight.
Guggenheim ranked No. 1 by Lipper out of 73 eligible companies
with at least three bond funds for the 3-year period ended December
31, 2014. The asset group class award is presented annually for
consistently strong risk-adjusted 3-year performance relative to
peers based on Lipper's proprietary performance-based methodology.
The threshold for determining large and small companies was $52.6
billion in mutual fund assets. Including institutional accounts,
Guggenheim manages more than $140 billion in fixed-income
assets1.
"We're honored to be recognized by Lipper for delivering
consistently strong risk-adjusted performance," said Guggenheim
Chairman of Investments and Global Chief Investment Officer Scott
Minerd. "This award is compelling validation of our disciplined
investment process, which is built upon rigorous security selection
in a framework that considers the broader macroeconomic environment
to produce consistent results. Most importantly, it underscores our
dedication to safeguarding the capital and trust of fund
shareholders."
Minerd leads an experienced team of 150 professionals who use a
fundamental, credit-intensive investment process that incorporates
knowledge of companies, structures, and industries. Of those, 90
professionals are specifically dedicated to performing rigorous
sector and security research, including sectors not included in
benchmark indices. Overall, there are 850 professionals in
Guggenheim dedicated to delivering innovative products and
solutions to advisors and investors.
In addition to winning Lipper's 2015 Best Fixed Income Small
Fund Group, Guggenheim's Macro Opportunities Fund (GIOIX) earned
the Lipper Award in the Alternative Credit Focus classification
among 34 portfolios and 114 funds for the 3-year period ended
December 31, 2014. Unconstrained to a benchmark, Guggenheim Macro
Opportunities Fund (GIOIX) has the flexibility to invest across a
broad array of fixed-income securities as well as equities,
commodities and alternative investments. The fund is managed by
Minerd, Anne Walsh, Kevin Gundersen, and James Michal.
About Guggenheim Investments
Guggenheim Investments is the global asset management and
investment advisory division of Guggenheim Partners with more than
$195.8 billion2 in assets across fixed income, equity, and
alternatives. We focus on the return and risk needs of insurance
companies, corporate and public pension funds, sovereign wealth
funds, endowments and foundations, consultants, wealth managers,
and high-net-worth investors. Our approach to investment management
has enabled us to deliver innovative strategies that provide
opportunities for diversification and attractive long-term results.
For financial advisors and their clients, Guggenheim offers a broad
range of ETPs—domestic and international equity, fixed-income, and
currency—to provide the core building blocks for portfolios, access
to hard-to-reach market segments, as well as targeted investment
choices.
About Lipper
Lipper, a Thomson Reuters company, is a global leader with a
40-year history of delivering mutual fund information, tools and
insights. Their benchmarking and classifications are recognized as
the industry standard and are supported by Thomson Reuters – the
world's leading source of intelligent information for businesses
and professionals.
About the Lipper Fund Awards
Every year, the U.S. Lipper Fund Awards program honors funds and
fund management firms that have excelled in delivering consistently
strong risk-adjusted performance, relative to peers, based on
Lipper's proprietary Consistent Return methodology. Lipper scores
for Consistent Return reflect funds' historical risk-adjusted
returns relative to funds in the same Lipper classification and
include each fund's expenses and reinvested distributions, and
exclude sales charges. Consistent Return values are calculated with
all eligible share classes for each eligible classification. The
highest Lipper Leader for Consistent Return value within each
eligible classification determines the fund classification winner
over 3, 5, or 10 years.
Past performance is no guarantee of future
results.
RISK CONSIDERATIONS This fund may not be
suitable for all investors. • The Fund's market value will change
in response to interest rate changes and market conditions among
other factors. In general, bond prices rise when interest rates
fall and vice versa. • The Fund's exposure to high yield securities
may subject the Fund to greater volatility. • The intrinsic value
of the underlying stocks in which the Fund invests may never be
realized or the stock may decline in value. • When market
conditions are deemed appropriate, the Fund will leverage to the
full extent permitted by its investment policies and restrictions
and applicable law. Leveraging will exaggerate the effect on net
asset value of any increase or decrease in the market value of the
Fund's portfolio. • The use of short selling involves increased
risks and costs. You risk paying more for a security than you
received from its sale. Theoretically, stocks sold short have the
risk of unlimited losses. • The Fund may invest in derivative
instruments, which may be more volatile and less liquid, increasing
the risk of loss when compared to traditional securities. Certain
of the derivative instruments are also subject to the risks of
counterparty default and adverse tax treatment. • Instruments and
strategies (such as borrowing transactions and reverse repurchase
agreements) may provide leveraged exposure to a particular
investment, which will magnify any gains or losses on those
investments. • Investments in reverse repurchase agreements expose
the Fund to many of the same risks as investments in derivatives. •
The Fund's investments in other investment vehicles subject the
Fund to those risks and expenses affecting the investment vehicle.
• The Fund's investments in foreign securities carry additional
risks when compared to U.S. securities, due to the impact of
diplomatic, political or economic developments in the country in
question (investments in emerging markets securities are generally
subject to an even greater level of risks). • Investments in
syndicated bank loans generally offer a floating interest rate and
involve special types of risks. A highly liquid secondary market
may not exist for the commodity-linked structured notes the Fund
invests in, and there can be no assurance that a highly liquid
secondary market will develop. • The Fund's exposure to the
commodity markets may subject the Fund to greater volatility as
commodity-linked investments may be affected by changes in overall
market movements, commodity index volatility, changes in interest
rates or factors affecting a particular industry or commodity such
as droughts, floods, weather, embargos, tariffs and international
economic, political and regulatory developments. • The Fund's
investments in municipal securities can be affected by events that
affect the municipal bond market. • The Fund's investments in real
estate securities subject the Fund to the same risks as direct
investments in real estate, which is particularly sensitive to
economic downturns. • The Fund's investments in restricted
securities may involve financial and liquidity risk. • You may have
a gain or loss when you sell your shares. • It is important to note
that the Fund is not guaranteed by the U.S. government. • This Fund
is considered nondiversified and can invest a greater portion of
its assets in securities of individual issuers than a diversified
fund. As a result, changes in the market value of a single security
could cause greater fluctuations in the value of fund shares than
would occur in a more diversified fund. • Please read the
prospectus for more detailed information regarding these and other
risks.
Read a fund's prospectus and summary prospectus (if
available) carefully before investing. It contains the fund's
investment objectives, risks, charges, expenses and other
information, which should be considered carefully before investing.
Obtain a prospectus and summary prospectus (if available) at
www.guggenheiminvestments.com or call 800.820.0888.
1As of 12.31.2014
2Guggenheim Investments total asset figure is as of 12.31.2014
and includes $12.1bn of leverage for Assets Under Management and
$0.4bn for assets for which Guggenheim provides administrative
services. Values from some funds are based upon prior periods.
Guggenheim Investments represents the following affiliated
investment management businesses: Guggenheim Partners Investment
Management, LLC, Security Investors, LLC, Guggenheim Funds
Investment Advisors, LLC, Guggenheim Funds Distributors, LLC,
Guggenheim Aviation Partners, LLC, Guggenheim Real Estate, LLC,
Transparent Value Advisors, LLC, GS GAMMA Advisors, LLC, Guggenheim
Partners Europe Limited and Guggenheim Partners India
Management.
CONTACT: Media Contact
Ivy McLemore
Guggenheim Partners
212.518.9859 - office
917.809.0725 - mobile
Ivy.McLemore@guggenheimpartners.com