Holiday Trading Schedule
All funds will be CLOSED in observance of the following holidays:
| Martin Luther King, Jr. Day |
January 16 |
| Presidents’ Day |
February 20 |
| Good Friday |
April 7 |
| Memorial Day |
May 29 |
| Juneteenth |
June 19 |
| Independence Day |
July 4* |
| Labor Day |
September 4 |
| Thanksgiving Day |
November 23* |
| Christmas Day |
December 25 |
| High Yield Strategy, Inverse High Yield Strategy, Government Long Bond 1.2x Strategy, Inverse Government Long Bond Strategy, and Emerging Markets Bond Strategy will also be CLOSED on: |
| Columbus Day |
October 9** |
| Veterans Day |
November 10** |
* The NYSE announced that it will close at 1 p.m. ET on Monday, July 3rd (the day before Independence Day), and it will close at 1 p.m. ET on Friday, November 24th (the day following Thanksgiving).
** Due to the bank holiday, Money Market will be closed to same-day purchases and redemptions (next-day settlement and exchanges are allowed) on Columbus Day and Veterans Day.
Holiday Trading Rules
Guggenheim Investments observes the same early closings as the New York Stock Exchange (NYSE). However, Government Long Bond 1.2x Strategy, Inverse Government Long Bond Strategy, High Yield Strategy, Inverse High Yield Strategy, and Emerging Markets Bond Strategy will also be closed on days when the U.S. Government Bond Market is closed, including Columbus Day and Veterans Day.
On any day that the Federal Reserve Bank of New York, the NYSE, or the principal government securities and corporate bond markets close early (such as on days in advance of holidays generally observed by participants in these markets), or as permitted by the U.S. Securities and Exchange Commission (SEC), the Funds reserve the right to advance the time that NAVs are calculated and, correspondingly, the time by which purchase and redemption orders must be received.
When the New York Stock Exchange closes early (at 1:00 p.m. ET), the trading cutoff times for all telephone and web transactions are 3 hours earlier than normal:
| Funds |
Cutoff Time (ET) |
Emerging Markets Bond Strategy
High Yield Strategy
Inverse High Yield Strategy |
12:30 p.m. (phone)
12:45 p.m. (web) |
Government Long Bond 1.2x Strategy
Inverse Government Long Bond 1.2x Strategy |
12:45 p.m. (phone)
12:55 p.m. (web) |
| Sector Funds |
12:30 p.m. (phone)
12:50 p.m. (web) |
| Commodities Strategy |
12:30 p.m. (phone)
12:55 p.m. (web) |
| Style Box Funds |
12:45 p.m. (phone)
12:50 p.m. (web) |
| Funds that normally price twice per day |
12:45 p.m. (phone)
12:55 p.m. (web) |
| Funds with a normal trading cutoff of 4:00 p.m. |
1:00 p.m. (phone & web) |
| All other funds |
12:45 p.m. (phone)
12:55 p.m. (web) |
| Funds that normally price twice per day will only have one cutoff time (specified above), with NAVs calculated as of the 1:00 p.m. ET market close. |
The Client Services department will close at 2:00 p.m. ET.
When the Bond Market closes early (at 1:00 p.m. ET), the trading cutoff times for select funds are 3 hours earlier than normal:
| Funds |
Cutoff Time (ET) |
Emerging Markets Bond Strategy (No AM Pricing)
High Yield Strategy
Inverse High Yield Strategy |
12:30 p.m. (phone)
12:45 p.m. (web) |
Government Long Bond 1.2x Strategy
Inverse Government Long Bond 1.2x Strategy |
12:45 p.m. (phone)
12:55 p.m. (web) |
| All other funds |
No Change |
The Bond Market typically closes early on the business day before each of the following holidays: New Year’s Day, Good Friday, Memorial Day, Independence Day and Christmas Day.
Guggenheim Investments’ holiday trading schedule is subject to change if the underlying exchanges alter their holiday schedules. Guggenheim Investments will make every effort to post updates promptly once we have been notified of any changes.
If you hold shares through a discount brokerage firm or any other financial intermediary, you should follow your intermediary's rules for trade-related activity. Each intermediary has distinct rules regarding share transactions and may have earlier cutoff times than those listed above. The times listed above are for shareholders who purchase shares directly from Guggenheim Investments.
Note: These are projected early closings. Call Guggenheim Investments’ 24-hour Express Line at 800.717.7776 two days before the dates listed above for a final schedule.