Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
5.73% -3.81% 426.54M 114444.3
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
3.24% 116.0% -31.01M Upgrade

Basic Info

Investment Strategy
The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund pursues its investment objective by investing at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income producing securities.
General
Security Type Closed-End Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Convertibles
Category Name Convertibles
Category Index ICE BofA US Convt Bonds TR USD
Global Category Name Convertibles
YCharts Categorization Convertibles
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Convertible Bond
Fund Owner Firm Name Guggenheim Investments Asset Management
Prospectus Benchmark Index
BBgBarc US Aggregate Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Tracy Maitland 20.77 yrs
Paul Latronica 3.03 yrs
Tony Huang 3.03 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of February 23, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Loading chart...
Name
2017
2018
2019
2020
2021
2022
2023
YTD
17.30%
-13.36%
36.53%
17.74%
29.96%
-34.42%
18.07%
6.33%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
26.29%
6.91%
23.33%
-17.20%
24.13%
11.70%
10.67%
-34.08%
12.67%
-1.27%
21.66%
-18.60%
27.19%
11.13%
9.24%
-35.95%
17.68%
-2.75%
19.49%
-3.67%
47.13%
31.84%
-0.73%
-31.61%
7.98%
-0.74%
22.71%
-12.65%
35.99%
34.66%
20.31%
-23.31%
9.55%
7.68%
As of February 23, 2024.

Asset Allocation

As of October 31, 2023.
Type % Net % Long % Short
Cash 2.61% Upgrade Upgrade
Stock 7.63% Upgrade Upgrade
Bond 52.77% Upgrade Upgrade
Convertible 34.63% Upgrade Upgrade
Preferred 2.36% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund’s investment objective is to provide total return through a combination of capital appreciation and current income. The Fund pursues its investment objective by investing at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income producing securities.
General
Security Type Closed-End Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Convertibles
Category Name Convertibles
Category Index ICE BofA US Convt Bonds TR USD
Global Category Name Convertibles
YCharts Categorization Convertibles
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Convertible Bond
Fund Owner Firm Name Guggenheim Investments Asset Management
Prospectus Benchmark Index
BBgBarc US Aggregate Bond TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Tracy Maitland 20.77 yrs
Paul Latronica 3.03 yrs
Tony Huang 3.03 yrs

Top Portfolio Holders

0 of 0