Guggenheim Limited Duration Fund
Guggenheim Funds Trust · 5 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Guggenheim Limited Duration Fund is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2026 Q1
The Guggenheim Limited Duration Fund (the Fund) seeks to provide a high level of income consistent with preservation of capital.
The fund pursues high income through active management of a diversified fixed-income portfolio, selecting securities across corporate bonds, government debt, mortgage- and asset-backed securities, bank loans, and derivatives based on credit research and macroeconomic outlook. The fund maintains a dollar-weighted average duration generally under 3.5 years and may hold up to 35% in below-investment-grade securities and up to 35% in emerging-market or non-dollar-denominated debt. Because security selection depends on the Investment Manager's credit analysis and outlook, fund performance will diverge from any benchmark. The fund may use leverage through reverse repurchase agreements and may temporarily hold securities inconsistent with its principal strategy during adverse market conditions.
| Share class | Gross | Net |
|---|---|---|
| GILDX | 0.77% | 0.72% |
| GILFX | 1.54% | 1.47% |
| GILHX | 0.55% | 0.47% |
| GIKRX | 0.46% | 0.42% |
| GILPX | 0.89% | 0.72% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 49.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Securitized | 70.42% |
| Bonds | 28.51% |
| Cash & short-term | 5.17% |
| Loans | 4.63% |
| Stocks | 0.90% |
| Derivatives | -0.21% |
Look-through blends 1 underlying fund; 0.843% of NAV was not looked through and stays direct-classified.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Latest quarter
What changed since the fund's previous filing
Largest new: FEDERAL NATIONAL MORTGAGE ASSOCIATION ×3, BOFA SECURITIES, INC., FEDERAL HOME LOAN MORTGAGE CORP, Guggenheim Funds Trust, PRP Advisors, LLC, CERBERUS
Largest exited: Federal National Mortgage Association ×5, Federal Home Loan Mortgage Corp., BANK OF AMERICA CORPORATION, NextEra Energy Capital Holdings Inc
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +4.41% | +17.30% | +15.35% | 1.28% | -0.47% | |
| +3.63% | +14.67% | +11.09% | 1.28% | -0.53% | |
| +4.66% | +18.13% | +16.74% | 1.25% | -0.45% | |
| +4.71% | +18.30% | +16.97% | 1.25% | -0.44% | |
| +4.38% | +17.23% | +15.28% | 1.26% | -0.48% |
These classes hold the same portfolio, so the 5.88pp spread over 5 years is the cost difference between them — roughly 1.18pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 55.2% |
| Floating rate | 44.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 5.1% |
| 1-3y | 8.6% |
| 3-5y | 13.9% |
| 5-10y | 8.9% |
| 10y+ | 63.3% |
| Unknown | 0.4% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 61% |
| Interest rates | 39% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +2.92 yr |
| High yield | +0.24 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.07 yr | 4% |
| 1 yr | 1.53 yr | 76% |
| 5 yr | 0.39 yr | 20% |
| 10 yr | 0.01 yr | 0% |
| 30 yr | 0.01 yr | 1% |
| 3 mo | 0.16 yr | 5% |
| 1 yr | 1.08 yr | 34% |
| 5 yr | 1.69 yr | 54% |
| 10 yr | 0.23 yr | 7% |
| 30 yr | 0.01 yr | 0% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.07 | +0.13 | +0.03 | $73.0k | $18.3k |
| 1 yr | +1.53 | +1.01 | +0.06 | $586.4k | $36.5k |
| 5 yr | +0.39 | +1.57 | +0.12 | $906.1k | $71.4k |
| 10 yr | +0.01 | +0.21 | +0.01 | $123.2k | $7.5k |
| 30 yr | +0.01 | +0.00 | +0.00 | $2.0k | $2.7k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | FEDERAL NATIONAL MORTGAGE ASSOCIATION4.50% · due 2041-08-15 | 7.74% | — | $448.15M | — |
| DTRXX | DREYFUS TREASURY OBLIGATIONS CASH MANAGEMENTDTRXX | 2.93% | — | $169.38M | — |
| — | FEDERAL NATIONAL MORTGAGE ASSOCIATION5.50% · due 2056-08-15 | 0.80% | — | $46.25M | — |
| — | FEDERAL HOME LOAN MORTGAGE CORP5.50% · due 2056-02-01 | 0.75% | — | $43.58M | — |
| — | GOLUB CAPITAL PARTNERS CLO 54(M)-R5.13% floating · due 2037-08-05 | 0.73% | — | $42.48M | — |
| — | BOFA SECURITIES, INC. | 0.71% | — | $40.85M | — |
| — | FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD5.00% · due 2055-07-25 | 0.70% | — | $40.34M | — |
| — | NLT 2025-NQM1 TRUST7.46% floating · due 2070-10-25 | 0.64% | — | $36.81M | — |
| — | FEDERAL HOME LOAN MORTGAGE CORP5.00% · due 2056-05-01 | 0.64% | — | $36.82M | — |
| GIYIX | Guggenheim Funds TrustGIYIX | 0.62% | $10.06 | $35.73M | 3.6M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 16.25% of net assets, top 25 23.91%, across 683 issuers.
See more of this fund's book
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