GIYRX Fees and Costs — Guggenheim Ultra Short Duration Fund
Data updated: 2026-08-31
The net expense ratio is 0.33%: a 0.25% management fee plus 0.14% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $854 in broker commissions, 0.0002% of average net assets, and portfolio turnover was 54%.
GIYRX Fees and Expenses
Annual operating expenses and sales charges of GIYRX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.39% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.33% |
| 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 |
GIYRX Costs Over Time
On $10,000 invested in GIYRX, assuming 5% a year before costs, total costs come to $209 over 5 years, cutting the return by 0.35% 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 0.33%) | $35 | $109 | $190 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $114 | $209 |
| Value after costs | $10,465 | $11,462 | $12,553 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
GIYRX 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): 0.0002%
- Total broker commissions: $854
- Bought from dealers (principal trades, not a cost): $36.1B
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
GIYRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $854 | 100.00% |
GIYRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $6.7B | 19.99% |
| BARCLAYS CAPITAL INC. | $6.6B | 19.72% |
| J.P. MORGAN SECURITIES LLC | $5.2B | 15.59% |
| BNP PARIBAS SECURITIES CORP. | $5.2B | 15.39% |
| Bank of Montreal Chicago Branch | $2.3B | 6.86% |
| WELLS FARGO SECURITIES, LLC | $2.1B | 6.09% |
| Nomura Securities International, Inc. | $1.5B | 4.51% |
| UBS SECURITIES LLC | $1.4B | 4.25% |
| DEUTSCHE BANK SECURITIES INC. | $1.3B | 3.89% |
| TD SECURITIES (USA) LLC | $1.3B | 3.71% |
Guggenheim Ultra Short Duration Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GIYIX | Institutional Class | 0.33% | none |
| GIYRX | C000205702 | 0.33% | none |
| GIYAX | Class A | 0.59% | none |
| GIYPX | C000205705 | 0.59% | 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.