GIFSX Fees and Costs — Guggenheim Floating Rate Strategies Fund, Class R6
Data updated: 2026-08-31
The net expense ratio is 0.80% (0.83% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 44%.
GIFSX Fees and Expenses
Annual operating expenses and sales charges of GIFSX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.83% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
GIFSX Costs Over Time
On $10,000 invested in GIFSX, assuming 5% a year before costs, total costs come to $502 over 5 years, cutting the return by 0.84% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.80%) | $84 | $263 | $456 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $502 |
| Value after costs | $10,416 | $11,301 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
GIFSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $601.1M
- Portfolio turnover (prospectus): 44%
- Securities lending: none during the year
GIFSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1K | 100.00% |
GIFSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $103.5M | 19.69% |
| BOFA SECURITIES, INC. | $85.7M | 16.31% |
| JEFFERIES LLC | $54.4M | 10.35% |
| GOLDMAN SACHS & CO. LLC | $53.7M | 10.22% |
| Morgan Stanley & Co. LLC | $51.9M | 9.87% |
| BARCLAYS CAPITAL INC. | $41.9M | 7.98% |
| WELLS FARGO SECURITIES, LLC | $41.6M | 7.92% |
| UBS SECURITIES LLC | $38.6M | 7.34% |
| RBC Capital Markets, LLC | $28.8M | 5.48% |
| DEUTSCHE BANK SECURITIES INC. | $25.5M | 4.85% |
Guggenheim Floating Rate Strategies Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GIFSX | Class R6 | 0.80% | none |
| GIFIX | Institutional Class | 0.81% | none |
| GIFAX | Class A | 1.05% | 3.00% |
| GIFPX | Class P | 1.05% | none |
| GIFCX | Class C | 1.80% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.