GIUIX Fees and Costs — Guggenheim StylePlus-Mid Growth Fund, Institutional Class
Data updated: 2024-12-13
The net expense ratio is 1.59%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $13K in broker commissions, 0.0173% of average net assets, and portfolio turnover was 82%.
GIUIX Fees and Expenses
Annual operating expenses and sales charges of GIUIX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.74% |
| Gross expense ratio | 1.59% |
| Fee waiver | — |
| Net expense ratio | 1.59% |
| 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 | No |
GIUIX Costs Over Time
On $10,000 invested in GIUIX, assuming 5% a year before costs, total costs come to $993 over 5 years, cutting the return by 1.69% 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 1.59%) | $167 | $518 | $892 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $169 | $549 | $993 |
| Value after costs | $10,331 | $11,027 | $11,770 |
| Impact on return, per year | 1.69% | 1.69% | 1.69% |
GIUIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0173%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $13.6M
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
GIUIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $10K | 82.09% |
| WILLIAM BLAIR | $2K | 15.08% |
| Morgan Stanley & Co. LLC | $359 | 2.83% |
GIUIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $13.2M | 96.91% |
| Morgan Stanley & Co. LLC | $422K | 3.09% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.