Expense Ratio History

GIFAX expense ratio history

Guggenheim Floating Rate Strategies Fund, A-Class

Fund company
Guggenheim
Type
Mutual fund

1.17%

In basis points
117 basis points
Yearly cost per $10,000
$117
Prospectus dated
30 September 2025, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.13% on 31 January 2024

Fee over time

GIFAX expense ratio: 1.19% until 30 Jan 2017, then 1.20%; 1.20% until 31 Jan 2018, then 1.13%; 1.13% until 31 Jan 2020, then 1.23%; 1.23% until 31 Jan 2021, then 1.25%; 1.25% until 31 Jan 2022, then 1.12%; 1.12% until 31 Jan 2023, then 1.13%; 1.13% until 31 Jan 2024, then 1.17%; read at 1.17% on 30 Sep 2025.0.00%0.50%1.00%1.50%2.00%Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 20241.19% before1.17% from 31 Jan 2024
GIFAX expense ratio: 1.19% until 30 Jan 2017, then 1.20%; 1.20% until 31 Jan 2018, then 1.13%; 1.13% until 31 Jan 2020, then 1.23%; 1.23% until 31 Jan 2021, then 1.25%; 1.25% until 31 Jan 2022, then 1.12%; 1.12% until 31 Jan 2023, then 1.13%; 1.13% until 31 Jan 2024, then 1.17%; read at 1.17% on 30 Sep 2025.0.00%0.50%1.00%1.50%2.00%Jan 2014Jan 2018Jan 20221.19% before1.17% from 31 Jan 2024
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 5 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
GIFAX (this page) A-Class 1.17% 1.05% 30 Sep 2025
GIFCX C-Class 1.90% 1.80% 30 Sep 2025
GIFIX Institutional Class 0.93% 0.81% 30 Sep 2025
GIFSX R6 0.83% 0.80% 30 Sep 2025
GIFPX P 1.22% 1.05% 30 Sep 2025

Every figure we've recorded

DateFeeWhat happened
30 Sep 2025 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-09-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2025 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Sep 2024 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-09-30 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2024 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2024 1.17% Raised from 1.13% to 1.17%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-02-02
1 Feb 2023 1.13% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2023 1.13% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2023 1.13% Raised from 1.12% to 1.13%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2023-05-26
31 Jan 2022 1.12% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2022 1.12% Cut from 1.25% to 1.12%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2022-05-05
11 May 2021 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-05-11 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2021 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2021 1.25% Raised from 1.23% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-28
31 Jan 2020 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2020 1.23% Raised from 1.13% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-24
5 Feb 2018 1.13% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-05 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2018 1.13% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2018 1.13% Cut from 1.20% to 1.13%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-02-22
10 Apr 2017 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-10 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jan 2017 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jan 2017 1.20% Raised from 1.19% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-02-17
28 Jan 2016 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2015 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-01-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Jan 2014 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-01-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.17% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,427 in fees over 10 years

After fees, $10,000 grows to $14,521.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$120
3 years$374
5 years$647
10 years$1,427

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 17 prospectuses for this share class since 2014. Each one is listed above with a link to the filing.

How we read fees

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