Guggenheim Investments, the investment management division of Guggenheim Partners, has expanded its fixed-income oriented mutual fund suite with three new strategies previously only available to institutional investors: Guggenheim Total Return Bond Fund (GIBAX), Guggenheim Macro Opportunities Fund (GIOAX) and Guggenheim Floating Rate Strategies Fund (GIFAX).
For years, Guggenheim has sought to deliver strong results in various market environments for its clients. With over USD78 billion in fixed-income assets, the firm draws on a wealth of dedicated resources to exercise its research rigour across a full spectrum of investments, including diversified credit, private placements, and debt origination.
"As the fixed-income market evolves, individual investors need intelligent ways to adapt," says Scott Minerd (pictured), chief investment officer for Guggenheim. "These mutual funds are a unique opportunity–they provide individual-investor access to some of our best institutional strategies."
The funds are team managed, with Minerd serving on the team for each of the funds. Minerd has been with Guggenheim Partners for over 12 years, and guides the investment strategies of the portfolio management and research team. As the firm’s CIO, Minerd sets the overall investment strategy and oversees client accounts across a broad range of fixed-income and equity securities.