GIJAX Performance — Guggenheim Municipal Income Fund, Class A
Data updated: 2026-08-31
GIJAX returned +2.42% year to date and +8.14% over one year to Jun 2026. Annualised returns are +4.14% over 3 years and −0.04% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $113, against $111 for the category, and to $108 over one year, against $106. Volatility over the past three years was 6.17% a year. In the 12 months to Jun 2026 the fund took in a net $279K, and assets reached $35.69M.
GIJAX Growth of $100
What $100 invested in Guggenheim Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | GIJAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $108 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $113 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $100 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $109 | $112 |
GIJAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.42% |
| 1 year | +8.14% |
| 3 years (annualised) | +4.14% |
| 5 years (annualised) | −0.04% |
GIJAX Annual Returns
Calendar-year total returns of Guggenheim Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.42% |
| 2025 | +5.08% |
| 2024 | +2.75% |
| 2023 | +4.03% |
| 2022 | −13.36% |
| 2021 | +1.81% |
| 2020 | +5.18% |
| 2019 (Jul–Dec) | +1.83% |
GIJAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +1.0% | −1.8% | +1.3% | +0.4% | +0.9% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.8% | −0.3% | −0.3% | +0.5% | −0.4% | +1.0% | +2.8% | +1.5% | +0.4% | +0.1% |
| 2024 | +0.2% | +0.3% | −0.1% | −1.3% | −0.1% | +1.8% | +1.1% | +0.5% | +1.4% | −1.7% | +2.2% | −1.3% |
| 2023 | +3.3% | −3.2% | +2.4% | −0.4% | −1.1% | +0.9% | +0.5% | −1.7% | −3.5% | −1.5% | +7.4% | +1.3% |
| 2022 | −3.9% | −1.0% | −4.5% | −3.3% | +2.4% | −3.2% | +3.7% | −3.4% | −5.2% | −0.8% | +6.1% | −0.5% |
| 2021 | +0.6% | −1.8% | +1.4% | +1.1% | +0.5% | +0.1% | +0.9% | −0.4% | −1.1% | −0.6% | +1.1% | +0.3% |
| 2020 | +1.8% | +1.1% | −3.5% | −2.2% | +3.8% | +0.4% | +2.1% | −0.7% | −0.1% | −0.4% | +2.1% | +0.8% |
| 2019 | — | — | — | — | — | — | +0.6% | +1.7% | −0.8% | −0.1% | +0.2% | +0.3% |
GIJAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.17%
- 3-year Sharpe ratio: -0.06 (vs 4.5% risk-free rate)
- Best month: +7.40% (Nov 2023)
- Worst month: −3.45% (Sep 2023)
GIJAX Fund Flows
Monthly money in and out of Guggenheim Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $279K
- 12-month gross sales (incl. reinvestments): $11.3M
- Sales ÷ redemptions: 1.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $531K | $6.6M | −$6.1M |
| May 2026 | $657K | $435K | $222K |
| Apr 2026 | $1.3M | $517K | $778K |
| Mar 2026 | $698K | $516K | $182K |
| Feb 2026 | $620K | $340K | $280K |
| Jan 2026 | $2.1M | $509K | $1.6M |
| Dec 2025 | $1.3M | $623K | $633K |
| Nov 2025 | $1.1M | $238K | $872K |
| Oct 2025 | $938K | $284K | $653K |
| Sep 2025 | $539K | $195K | $344K |
| Aug 2025 | $606K | $193K | $413K |
| Jul 2025 | $1.0M | $618K | $412K |
GIJAX Assets Under Management
Net assets of Guggenheim Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $35.69M |
| 2026-03-31 | $40.07M |
| 2025-12-31 | $38.49M |
| 2025-09-30 | $35.89M |
| 2025-06-30 | $33.80M |
| 2025-03-31 | $33.02M |
| 2024-12-31 | $22.84M |
| 2024-09-30 | $20.87M |
| 2024-06-30 | $21.27M |
| 2024-03-31 | $24.69M |
| 2023-12-31 | $26.68M |
| 2023-09-30 | $40.66M |
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.