GUMAX Performance — Guggenheim Market Neutral Real Estate Fund, Class A
Data updated: 2024-12-13
GUMAX returned +1.47% over one year to Sep 2024. Over one year the fund trailed its Market Neutral category average: $100 grew to $101, against $117 for the category. Volatility over the past 12 months was 2.57% a year. In the 12 months to Sep 2024 the fund lost a net $7.9M, and assets reached $40.79M.
GUMAX Growth of $100
What $100 invested in Guggenheim Market Neutral Real Estate Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Market Neutral category average over the same months.
| Period | GUMAX | Category average |
|---|---|---|
| 1 year (Oct 2023 – Sep 2024) | $101 | $117 |
| 3 years (Oct 2021 – Sep 2024) | $100 | $119 |
| 5 years (Oct 2019 – Sep 2024) | $107 | $142 |
| Since data start (Jul 2019 – Sep 2024) | $107 | $142 |
GUMAX Trailing Returns
Total returns to Sep 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.47% |
3- and 5-year figures withheld: not verified.
GUMAX Annual Returns
Calendar-year total returns of Guggenheim Market Neutral Real Estate Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Sep) | −0.26% |
| 2023 | +2.98% |
| 2022 | −4.13% |
| 2021 | +2.26% |
| 2020 | +6.44% |
| 2019 (Jul–Dec) | −0.15% |
GUMAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.3% | +0.2% | +0.1% | −1.0% | +1.0% | −0.5% | −0.6% | +0.2% | +0.1% | — | — | — |
| 2023 | −0.3% | +0.3% | +1.2% | +0.7% | −0.4% | −0.3% | −0.6% | −0.1% | +0.7% | +0.8% | +1.5% | −0.6% |
| 2022 | −1.0% | +0.3% | −0.6% | +1.2% | −2.3% | −1.4% | +0.9% | −0.5% | −0.4% | −1.1% | +0.5% | +0.4% |
| 2021 | −0.8% | +1.4% | +0.3% | −0.6% | +0.8% | −0.1% | −1.0% | +0.9% | +0.2% | −0.5% | −0.4% | +2.0% |
| 2020 | +2.7% | +1.9% | +6.6% | −1.8% | +0.6% | −3.6% | +3.5% | −1.1% | +0.1% | +1.3% | −4.2% | +0.7% |
| 2019 | — | — | — | — | — | — | −0.7% | +4.2% | −3.5% | +0.4% | −0.1% | −0.4% |
GUMAX Risk
Risk measures from monthly returns over Oct 2023 – Sep 2024.
- 1-year volatility (annualised): 2.57%
- Best month: +1.53% (Nov 2023)
- Worst month: −0.99% (Apr 2024)
GUMAX Fund Flows
Monthly money in and out of Guggenheim Market Neutral Real Estate Fund, from SEC Form N-PORT.
- 12-month net flow: −$7.9M
- 12-month gross sales (incl. reinvestments): $9.1M
- Sales ÷ redemptions: 0.53×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2024 | $566K | $271K | $295K |
| Aug 2024 | $793K | $2.6M | −$1.8M |
| Jul 2024 | $458K | $231K | $227K |
| Jun 2024 | $747K | $725K | $22K |
| May 2024 | $340K | $359K | −$19K |
| Apr 2024 | $614K | $601K | $13K |
| Mar 2024 | $748K | $856K | −$108K |
| Feb 2024 | $1.6M | $1.2M | $424K |
| Jan 2024 | $670K | $1.3M | −$627K |
| Dec 2023 | $1.6M | $1.4M | $233K |
| Nov 2023 | $329K | $6.9M | −$6.5M |
| Oct 2023 | $560K | $561K | −$633 |
GUMAX Assets Under Management
Net assets of Guggenheim Market Neutral Real Estate Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-09-30 | $40.79M |
| 2024-06-30 | $42.22M |
| 2024-03-31 | $42.40M |
| 2023-12-31 | $42.44M |
| 2023-09-30 | $48.99M |
| 2023-06-30 | $48.78M |
| 2023-03-31 | $46.45M |
| 2022-12-31 | $48.92M |
| 2022-09-30 | $46.41M |
| 2022-06-30 | $49.71M |
| 2022-03-31 | $51.98M |
| 2021-12-31 | $58.76M |
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.