Guggenheim Macro Opportunities Fund Quote
| GIOSX Fund | USD 24.16 0.02 0.08% |
Performance8 of 100
| Odds Of DistressLess than 19
|
Guggenheim Macro is trading at 24.16 as of the 24th of April 2024; that is 0.08 percent up since the beginning of the trading day. The fund's open price was 24.14. Guggenheim Macro has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Guggenheim Macro Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2023 and ending today, the 24th of April 2024. Click here to learn more.
The fund invests in a wide range of fixed-income and other debt and equity securities selected from a variety of sectors and credit qualities, principally corporate bonds, syndicated bank loans and other direct lending opportunities, participations in and assignments of syndicated bank loans, asset-backed securities, U.S. More on Guggenheim Macro Opportunities
Moving together with Guggenheim Mutual Fund
| 0.85 | TVRCX | Guggenheim Directional | PairCorr |
| 0.85 | TVRAX | Guggenheim Directional | PairCorr |
| 0.85 | TVRIX | Guggenheim Directional | PairCorr |
| 0.88 | TVVFX | Guggenheim Rbp Large | PairCorr |
| 0.87 | TVVCX | Guggenheim Rbp Large | PairCorr |
| 0.88 | TVVAX | Guggenheim Rbp Large | PairCorr |
| 0.88 | TVVIX | Guggenheim Rbp Large | PairCorr |
Guggenheim Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Guggenheim Macro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Guggenheim Macro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Guggenheim Investments Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Guggenheim Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
Guggenheim Macro Opportunities [GIOSX] is traded in USA and was established 24th of April 2024. Guggenheim Macro is listed under Guggenheim Investments category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Guggenheim Investments family. This fund currently has accumulated 4.19 B in assets under management (AUM) with no minimum investment requirementsGuggenheim Macro Opp is currently producing year-to-date (YTD) return of 1.16% with the current yeild of 0.07%, while the total return for the last 3 years was 1.1%.
Check Guggenheim Macro Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Guggenheim Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guggenheim Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Guggenheim Macro Opportunities Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Guggenheim Macro Opportunities Mutual Fund Constituents
| SAOIX | Guggenheim Alpha Opportunity | Mutual Fund | Long-Short Equity |
| GDX | VanEck Gold Miners | Etf | Equity Precious Metals |
| GIKRX | Guggenheim Limited Duration | Mutual Fund | Short-Term Bond |
| GILHX | Guggenheim Limited Duration | Mutual Fund | Short-Term Bond |
| GIYIX | Guggenheim Ultra Short | Mutual Fund | Ultrashort Bond |
| GURIX | Guggenheim Risk Managed | Mutual Fund | Real Estate |
| HYG | iShares iBoxx High | Etf | High Yield Bond |
Guggenheim Macro Target Price Odds Analysis
Based on a normal probability distribution, the odds of Guggenheim Macro jumping above the current price in 90 days from now is about 33.41%. The Guggenheim Macro Opportunities probability density function shows the probability of Guggenheim Macro mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Guggenheim Macro has a beta of 0.0167. This usually indicates as returns on the market go up, Guggenheim Macro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Guggenheim Macro Opportunities will be expected to be much smaller as well. Additionally, guggenheim Macro Opportunities has an alpha of 0.009, implying that it can generate a 0.009006 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Guggenheim Macro to move above the current price in 90 days from now is about 33.41 (This Guggenheim Macro Opportunities probability density function shows the probability of Guggenheim Mutual Fund to fall within a particular range of prices over 90 days) .
Guggenheim Macro Opp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Guggenheim Macro market risk premium is the additional return an investor will receive from holding Guggenheim Macro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Guggenheim Macro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Guggenheim Macro's alpha and beta are two of the key measurements used to evaluate Guggenheim Macro's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1031 | |||
| Standard Deviation | 0.1596 | |||
| Variance | 0.0255 | |||
| Downside Variance | 0.0294 |
Guggenheim Macro Against Markets
Picking the right benchmark for Guggenheim Macro mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Guggenheim Macro mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Guggenheim Macro is critical whether you are bullish or bearish towards Guggenheim Macro Opportunities at a given time. Please also check how Guggenheim Macro's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Guggenheim Macro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Guggenheim Mutual Fund?
Before investing in Guggenheim Macro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Guggenheim Macro. To buy Guggenheim Macro fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Guggenheim Macro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Guggenheim Macro fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Guggenheim Macro Opportunities fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Guggenheim Macro Opportunities fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Guggenheim Macro Opportunities, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Guggenheim Macro Opportunities?
The danger of trading Guggenheim Macro Opportunities is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Guggenheim Macro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Guggenheim Macro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Guggenheim Macro Opp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guggenheim Macro Opportunities. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.