GUCPX Fees and Costs — Guggenheim Active INvestment Series (GAINS) - Core Plus Fund, Class SMA
Data updated: 2026-08-31
The net expense ratio is 0.09% (0.81% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $189 in broker commissions, 0.0005% of average net assets, and portfolio turnover was 28%.
GUCPX Fees and Expenses
Annual operating expenses and sales charges of GUCPX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.81% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.72% |
| Net expense ratio | 0.09% |
| 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 |
GUCPX Costs Over Time
On $10,000 invested in GUCPX, assuming 5% a year before costs, total costs come to $58 over 5 years, cutting the return by 0.10% 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 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $10 | $31 | $58 |
| Value after costs | $10,490 | $11,545 | $12,705 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
GUCPX 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): 0.0005%
- Total broker commissions: $189
- Bought from dealers (principal trades, not a cost): $419.2M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
GUCPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $169 | 89.57% |
| J.P. Morgan Securities PLC | $20 | 10.43% |
GUCPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $77.5M | 21.62% |
| J.P. MORGAN SECURITIES LLC | $46.7M | 13.03% |
| BARCLAYS CAPITAL INC. | $43.7M | 12.18% |
| BNP PARIBAS SECURITIES CORP. | $40.9M | 11.42% |
| Morgan Stanley & Co. LLC | $39.0M | 10.88% |
| MIZUHO SECURITIES USA LLC | $36.4M | 10.14% |
| Nomura Securities International, Inc. | $23.4M | 6.52% |
| WELLS FARGO SECURITIES, LLC | $21.4M | 5.97% |
| DEUTSCHE BANK SECURITIES INC. | $16.1M | 4.49% |
| Bank of Montreal, Chicago Branch | $13.4M | 3.74% |
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.