Guggenheim Market Neutral Real Estate Fund P Class
GUMPX
NASDAQ- -
USD
- -
- -
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
- Real Estate
- Industry
- Real Estate - General
- Address
- 702 King Farm Boulevard Rockville MD United States of America 20850
- IPO Date
- Feb 26, 2016
- CIK
- 0000088525
- Similar Companies
- Business
- Guggenheim Market Neutral Real Estate Fund P Class (GUMPX) is a mutual fund that seeks capital appreciation through a fundamental long-short equity strategy focused on the real estate sector, aiming to neutralize market risk and volatility by investing at least 80% of its assets in long and short positions in equity securities of real estate companies and related issuers; this includes REITs, real estate operating companies, and other securities tied to real estate markets, with flexibility to employ derivatives for hedging and exposure. The fund operates within the equity market neutral category, targeting institutional and retail investors seeking real estate exposure decoupled from broader equity market movements. It is part of Guggenheim Funds Trust, managed under Guggenheim Investments, with net assets of approximately $40.8 million as of recent filings. The fund offers multiple share classes including P Class (GUMPX), A Class (GUMAX), C Class (GUMCX), and Institutional Class (GUMNX), each with distinct fee structures and minimum investments tailored to different investor types; it provides daily liquidity through mutual fund shares traded at net asset value. Geographically, the fund invests globally in public real estate equities across U.S. and international markets, with no fixed regional allocation but emphasis on fundamental analysis of property types such as residential, commercial, industrial, and hospitality. Headquartered c/o Guggenheim Partners Investment Management, LLC in Santa Monica, California, the fund traces its inception to February 2016. In a major strategic shift, Guggenheim Investments agreed in June 2024 to sell its actively managed equity funds business, including GUMPX, to New Age Alpha; the transaction, covering 21 mutual funds with $2.6 billion in assets, received shareholder approval and closed around late October 2024, transitioning management to New Age Alpha Advisors, LLC while retaining the ticker symbol GUMPX and CUSIP. Post-reorganization, the fund continues under the New Age Alpha Market Neutral Real Estate Fund structure, with unchanged investment objective and operations, ensuring seamless continuity for shareholders. This move allows Guggenheim to refocus on fixed income and other core strategies amid its broader $357 billion assets under supervision.