Guggenheim Ultra Short Duration A
GIYAX
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
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- Rockville, MD 20850 Rockville MD United States of America 20850
- IPO Date
- Dec 14, 2018
- CIK
- 0001364089
- Website
- guggenheiminvestments.com
- Similar Companies
- Business
- Guggenheim Ultra Short Duration Fund Class A (GIYAX) is an open-end mutual fund managed by Guggenheim Partners Investment Management, LLC that seeks to provide a high level of current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of ultra-short duration fixed income securities, including investment-grade corporate bonds, U.S. Treasury bills and notes, government agency securities, asset-backed securities, commercial mortgage-backed securities, collateralized loan obligations, and floating-rate securities; cash equivalents such as money market funds and repurchase agreements; and a limited allocation to high yield bonds and non-U.S. dollar denominated securities. Distributions accrue daily and pay monthly, benchmarked against the Bloomberg 1-3 Month U.S. Treasury Bill Index, with a net expense ratio of 0.59% reflecting a contractual fee waiver through February 1, 2026. The Class A shares, identified by ticker GIYAX and CUSIP 40169J549, were incepted on November 30, 2018, as part of Guggenheim Funds Trust, with headquarters in Chicago, Illinois, and operations focused on U.S. investors through Guggenheim Funds Distributors, LLC. Portfolio management is led by Anne Walsh, CIO of Guggenheim Partners Investment Management; Steven Brown, CIO of Fixed Income; Kris Dorr and Adam Bloch, Portfolio Managers; and Evan Serdensky, Portfolio Manager since January 2023. Recent portfolio adjustments include new positions in Federal Home Loan Bank Discount Notes, BX Commercial Mortgage Trust 2021-VOLT, Golub Capital Partners CLO 49M Ltd, New York Mortgage Trust securities, and Oak Street Investment Grade Net Lease Fund Series 2; top holdings feature United States Treasury Bills (13.78%), Dreyfus Treasury Obligations Cash Management (9.25%), and various commercial mortgage trusts and repurchase agreements with broker-dealers such as BofA Securities and BNP Paribas. The Institutional Class (GIYIX), incepted March 11, 2014, complements GIYAX with a lower net expense ratio of 0.33% and received a 4-star Morningstar rating overall as of September 30, 2025, among 211 ultrashort bond funds. No major acquisitions, mergers, or strategic shifts specific to the fund have been reported in the last 1-2 years, though Guggenheim Investments completed a $1.2 billion private credit vehicle closure and the sale of its actively managed equity funds business to New Age Alpha in recent periods.