| Fixed Income | 93.81% |
| Equity Strategy | 4.70% |
| Commodities | 0.68% |
| Derivatives | 0.54% |
| Other Equity | 0.17% |
| Other Fixed Income | 0.34% |
| FX Forward | -0.25% |
| High Yield Corporate Bonds | 44.29% |
| Bank Loans | 41.08% |
| Asset-Backed Securities | 23.58% |
| Agency Mortgage-Backed Securities | 15.63% |
| Investment Grade Corporate Bonds | 8.95% |
| Equity Strategy | 7.42% |
| Preferred Securities | 7.05% |
| Private Placements | 2.15% |
| Non-Agency Mortgage-Backed Securities | 1.71% |
| Treasury | 1.17% |
| Commodities | 1.07% |
| Derivatives | 0.86% |
| Military Housing Bonds | 0.76% |
| CMBS:Traditional | 0.72% |
| Other Fixed Income | 0.54% |
| Mortgage Loans | 0.52% |
| Foreign Government & Agencies | 0.39% |
| Other Equity | 0.27% |
| Credit Tenant Loans | 0.19% |
| FX Forward | -0.39% |
| Net Derivatives | -3.70% |
| Cash & Cash Equivalents | -19.12% |
| Borrowings | -35.12% |
Equity Strategy represents the equity exposure, which may be obtained through direct investments in common equity securities and/or through the use of derivatives.
| ABS:CLO | 9.23% |
| ABS:Financial | 4.55% |
| ABS:Infrastructure | 3.15% |
| ABS:Transportation | 3.01% |
| ABS:Insurance | 1.75% |
| ABS: Net Lease | 0.86% |
| ABS:Other | 0.52% |
| ABS:CRE CLO | 0.49% |
| UMBS 30YR TBA(REG A) 5.00 04/13/2026 | 11.11% |
| THUNDERBIRD 2022-1 A FUNDED 5.50 03/01/2037 | 1.63% |
| LIGHTNING 2022-1 A FUNDED 5.50 03/01/2037 | 1.63% |
| HWIRE 2021-1 C 4.46 11/20/2051 | 1.50% |
| MDPK 2022-53A E 9.67 04/21/2035 | 1.45% |
| UMBS 30YR TBA(REG A) 5.50 03/12/2026 | 1.41% |
| OBRA LONGEVITY RFF CL A NTS FUNDED 8.48 06/30/2039 | 1.17% |
| INSURED LENDING 1 LTD 6.50 02/04/2032 | 1.14% |
| LASERAWAY 1L TL CL 9.85 10/14/2027 | 1.08% |
| PELICAN PRODUCTS INC 1L TL CL 8.18 12/29/2028 | 1.02% |
* Top Ten holdings excludes Borrowings, Cash, Derivatives, Equity, CEFs and FX Forwards.
| AAA | 0.32% |
| AA | 11.45% |
| A | 10.72% |
| BBB | 15.75% |
| BB | 19.98% |
| B | 33.57% |
| CCC | 3.80% |
| CC | 0.19% |
| Not Rated | 4.21% |
*Source: BlackRock Solutions and Barclays. The fund credit quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). All securities except for those labeled “Not Rated” or “FX Forward” have been rated by a Nationally Recognized Statistical Rating Organization (“NRSRO”). For purposes of this presentation, when ratings are available from more than one agency, the highest rating is used. Guggenheim Investments converts ratings to the equivalent S&P rating.
Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"). Guggenheim Funds Distributors, LLC is an affiliate of Guggenheim.
© 2026 Guggenheim Investments. All Rights Reserved.
Research our firm with FINRA Broker Check.
• Not FDIC Insured • No Bank Guarantee • May Lose Value
This website is directed to and intended for use by citizens or residents of the United States of America only. The material provided on this website is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. Investing involves risk, including the possible loss of principal.