Guggenheim Fundamentals

GIJIX -  USA Fund  

USD 13.43  0.01  0.07%

Guggenheim Municipal Income fundamentals help investors to digest information that contributes to Guggenheim Municipal's financial success or failures. It also enables traders to predict the movement of Guggenheim Mutual Fund. This fundamental analysis module provides a way for investors to measures Guggenheim Municipal's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Guggenheim Municipal mutual fund. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Guggenheim Fundamentals 

 
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Guggenheim Bond Positions Weight Analysis

Guggenheim Municipal's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Bond Percentage 
 = 
% of Bonds 
 
in the fund 
More About Bond Positions Weight | All Equity Analysis

Current Guggenheim Municipal Bond Positions Weight

    
  98.11 %  
Most of Guggenheim Municipal's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Guggenheim Municipal Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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Guggenheim Municipal Bond Positions Weight Component Assessment

In accordance with the recently published financial statements, Guggenheim Municipal Income has a Bond Positions Weight of 98%. This is much higher than that of the Guggenheim Investments family and significantly higher than that of the Muni National Long category. The bond positions weight for all United States funds is notably lower than that of the firm.

Guggenheim Municipal Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Guggenheim Municipal's current stock value. Our valuation model uses many indicators to compare Guggenheim Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Guggenheim Municipal competition to find correlations between indicators driving Guggenheim Municipal's intrinsic value. More Info.
Guggenheim Municipal Income is one of the top funds in one year return among similar funds. It is one of the top funds in price to earning among similar funds reporting about  6.74  of Price to Earning per One Year Return.

Guggenheim Price to Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Guggenheim Municipal's direct or indirect competition against its Price to Earning to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Guggenheim Municipal could also be used in its relative valuation, which is a method of valuing Guggenheim Municipal by comparing valuation metrics of similar companies.
Guggenheim Municipal is currently under evaluation in price to earning among similar funds.

Fund Asset Allocation for Guggenheim Municipal

The fund consists of 98.11% investments in fixed income securities, with the rest of funds allocated in cash and various exotic instruments.
 Value 
      Instrument Type 

Guggenheim Fundamentals

About Guggenheim Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Guggenheim Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Guggenheim Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Guggenheim Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The investment seeks to provide current income with an emphasis on income exempt from federal income tax, while also considering capital appreciation. The fund normally invests at least 80 percent of its assets in a diversified portfolio of municipal securities whose interest is free from federal income tax.

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Our tools can tell you how much better you can do entering a position in Guggenheim Municipal without increasing your portfolio risk or giving up 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.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Guggenheim Municipal using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Guggenheim Municipal Piotroski F Score and Guggenheim Municipal Altman Z Score analysis. Note that the Guggenheim Municipal information on this page should be used as a complementary analysis to other Guggenheim Municipal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Guggenheim Mutual Fund analysis

When running Guggenheim Municipal price analysis, check to measure Guggenheim Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guggenheim Municipal is operating at the current time. Most of Guggenheim Municipal's value examination focuses on studying past and present price action to predict the probability of Guggenheim Municipal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Guggenheim Municipal's price. Additionally, you may evaluate how the addition of Guggenheim Municipal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Guggenheim Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine Guggenheim Municipal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Municipal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.