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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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M*: Why We Don't Recommend This 5-Star Bond Fund: (GIBIX)

FYI: Guggenheim Total Return Bond boasts a compelling strategy and stellar record but has historically produced more risk than most peers with a record modest in length and untested in a major crisis. Staff turnover and tenure give reason for pause. The fund carries a Morningstar Analyst Rating of Neutral.

M* Snapshot GIBIX:

Lipper Snapshot GIBIX:

GIBIX Is Unranked In The (IB) Fund Category By U.S. News & World Report:


  • Hold this fund as one of my two core bond funds and have found it does what I intended it to do, be a stabilizing force in portfolio. My other bond fund throws off more income, but is a bit more volatile. It's a keeper for me.
  • edited November 2018
    M* doesn't differentiate between core and core-plus, a clear and imho necessary distinction among rate-sensitive intermediate funds. I doubt Eric J. could accurately say that the fund has "historically produced more risk than most peers" if M* acknowledged core-plus as a legitimate category. Of course a fund with a non-IG kicker (in this case, ABS) produces more risk (and more potential return) than one without ... that's the point.
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