Guggenheim Floating Rate Strategies Fund Class C
GIFCX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 702 King Farm Boulevard Rockville MD United States of America 20850
- IPO Date
- Nov 30, 2011
- CIK
- 0000088525
- Website
- guggenheiminvestments.com
- Similar Companies
- Business
- Guggenheim Floating Rate Strategies Fund Class C (GIFCX) is a closed-end interval fund managed by Guggenheim Funds Investment Trust, a series of the trust sponsored by Guggenheim Funds Distributors, LLC, that seeks a high level of current income with a secondary objective of capital preservation by investing primarily in floating or adjustable rate instruments and other senior loans. The fund's portfolio includes senior loans to corporations; floating rate notes and bonds; second lien loans; high-yield corporate bonds; derivatives such as swaps, options, and futures for hedging and income enhancement; and other fixed-income securities, with allocations typically emphasizing below-investment-grade debt across diversified sectors like healthcare, technology, consumer services, and energy. It targets institutional and retail investors seeking yield in floating rate environments, operates globally with primary exposure to U.S. and international borrowers, and is headquartered in Chicago, Illinois, under the broader Guggenheim Partners umbrella since its inception in 2011. The fund offers Class C shares with a ticker symbol GIFCX, featuring a load structure and expense ratio that supports periodic repurchase offers as an interval fund, providing quarterly liquidity windows for shareholders. Geographically, it focuses on North American markets but includes opportunistic investments in developed Europe and emerging markets through loan participations and syndicated credits. No major recent partnerships, acquisitions, funding rounds, or product launches specific to GIFCX have been announced in the past 1-2 years; however, Guggenheim Investments as a whole has continued strategic expansions in credit strategies amid rising interest rates, including enhancements to its floating rate offerings to capitalize on bank loan market dynamics post-2023 Federal Reserve hikes. The fund maintains its core strategy without significant reorganizations, adapting allocations to favor senior secured loans amid 2024-2025 economic volatility.