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Tax-Exempt Municipal Bond Managed Account

Tax-exempt income from a portfolio of high quality municipal securities.

Guggenheim Tax-Exempt Municipal Bond SMA at a Glance


 
1
Actively managed portfolio of
individual municipal securities.
2
Total return strategy focused on
attractive risk-adjusted returns
relative to the benchmark.
3
Relative value approach emphasizes
bottom-up credit selection rather
than index weightings.
BENCHMARK
Bloomberg Municipal Bond Total Return Index
DURATION TARGET
6 years
TARGET # OF HOLDINGS
30 - 50 Individual Securities
ACCOUNT MINIMUMS
$250,000

 

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Financial professionals can contact us for more information about this strategy or to learn more about our SMA capabilities.

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Important Disclosures

SMA target characteristics and allocations are for illustrative purposes only. Individual account holdings and characteristics will vary depending on the size of an account, cash flows and account restrictions. Individual accounts within the same strategy may have portfolio characteristics and performance that differ from one another. 

Investment Risks. The strategies described herein may not be suitable for all investors. All investments have inherent risks. The market value of fixed income securities will change in response to interest rate changes and market conditions among other things. In general, bond prices rise when interest rates fall and vice versa. • The strategy will be significantly affected by events that affect the municipal bond market, which could include unfavorable legislative or political developments and adverse changes in the financial conditions of state and municipal issuers or the federal government in case it provides financial support to the municipality. Income from municipal bonds held by investors could be declared taxable because of changes in tax laws. • Certain sectors of the municipal bond market have special risks that can affect them more significantly than the market as a whole. Because many municipal instruments are issued to finance similar projects, conditions in these industries can significantly affect investors and the overall municipal market. • Municipalities currently experience budget shortfalls, which could cause them to default on their debt and thus subject the strategy to unforeseen losses.

The Bloomberg Municipal Bond Index is a rules-based, market-value-weighted index engineered for the long-term tax-exempt bond market.

The SMA strategies described herein are offered by Guggenheim Wealth Solutions, LLC (GWS). Guggenheim Partners Investment Management, LLC (GPIM) serves as Sub-Adviser to the SMA strategies and is the Investment Adviser to the Guggenheim Active Investment Series (GAINS) Funds. Guggenheim Wealth Solutions, LLC Form CRS | Guggenheim Partners Investment Management, LLC Form CRS.

SMA Strategies are not offered directly and are available exclusively through financial professionals. This material is distributed with the understanding that it is not rendering accounting, legal or tax advice. Please consult your legal or tax advisor concerning such matters.

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Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.

Investing involves risk, including the possible loss of principal.

Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Wealth Solutions, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Private Investments, LLC.

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• Not FDIC Insured • No Bank Guarantee • May Lose Value

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