Morningstar Magazine - June/July 2018 - 67

Award-Winning Fixed-Income
Investment Solutions
1

Achieving compelling risk-adjusted returns in today's volatile markets requires the
ability to identify high-quality opportunities outside of traditional benchmarks.
MorningstarTM Overall Ratings (3.31.2018)

Total Return Bond Fund

Macro Opportunities Fund

Floating Rate Strategies Fund

GIBIX

GIOIX

GIFIX

Out of 858 Intermediate-Term Bond funds.

Out of 264 Nontraditional Bond funds.

Out of 206 Bank Loan funds.

Investment Grade Bond Fund

High Yield Fund

Limited Duration Fund

GIUSX

SHYIX

GILHX

Out of 858 Intermediate-Term Bond funds.

Out of 588 High Yield Bond funds.

Out of 455 Short-Term Bond funds.

Overall Ratings are based on risk-adjusted returns.

For more information visit GuggenheimInvestments.com/fixed-income or call 800 345 7999.

1) 2016, 2015 "Best Fixed Income - Small Fund Group" Thomson Reuters Lipper Fund Awards; 2017 WealthManagement.com Awards "Outstanding Achievement in Fixed Income" (asset manager category); 2017 HFM U.S. Hedge
Fund Performance Awards "Best 40 Act Fund-Other" Guggenheim Macro Opportunities Fund.
Past performance does not guarantee future returns. The Institutional class for each fund was rated, based on its risk-adjusted returns, 5 stars for the overall, 3-year, and 5-year periods among 588, 588, and 488 High Yield funds
(High Yield Fund) and 858, 858, and 784 Intermediate-Term Bond funds (Total Return Bond Fund and Investment Grade Bond Fund); 5 stars for the overall and 3-year periods among 455 and 455 Short-Term Bond funds (Limited
Duration Fund); and 5 stars for overall, 4 stars for 3 years, and 5 stars for 5 years among 264, 264, and 161 Nontraditional Bond funds (Macro Opportunities Fund) and 206, 206, and 166 Bank Loan funds (Floating Rate Strategies
Fund). The Morningstar Rating for funds, or "star rating", is calculated for managed products with at least a three-year history and does not include the effect of sales charges. Exchange-traded funds and open-end mutual funds are
considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis
on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the
bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.
Risk Considerations: The funds may not be suitable for all investors. Investments in fixed-income instruments are subject to the possibility that interest rates could rise, causing their values to decline. High yield and unrated
debt securities are at a greater risk of default than investment grade bonds and may be less liquid, which may increase volatility. Investors in asset-backed securities, including collateralized loan obligations ("CLOs"), generally receive
payments that are part interest and part return of principal. These payments may vary based on the rate loans are repaid. Some asset-backed securities may have structures that make their reaction to interest rates and other factors
difficult to predict, making their prices volatile and they are subject to liquidity and valuation risk.

Read the fund's prospectus and summary prospectus (if available) carefully before investing. It contains the fund's investment objectives, risks,
charges, expenses, and other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus
(if available) visit GuggenheimInvestments.com.
The referenced funds are distributed by Guggenheim Funds Distributors, LLC. Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"), which includes Security
Investors, LLC ("SI") and Guggenheim Partners Investment Management ("GPIM") the investment advisors to the referenced funds. Guggenheim Funds Distributors, LLC, is affiliated with Guggenheim, SI, and GPIM. #33653

http://www.GuggenheimInvestments.com/fixed-income http://www.WealthManagement.com http://www.GuggenheimInvestments.com

Table of Contents for the Digital Edition of Morningstar Magazine - June/July 2018