Investment Management

Fixed Income

With more than $25 billion under management, Guggenheim Fixed Income customizes solutions for each of its clients from a rapidly expanding array of traditional and non-traditional fixed-income securities representing a wide range of investment types.

We provide a full spectrum of government agencies, mortgage-backed and asset-backed instruments, and investment-grade and non-investment-grade corporate securities. Within this universe, we focus on identifying value through sector rotation and unexploited long-term economic strategies, rather than through short-term interest rate speculation.

Guggenheim Fixed Income is distinguished by its breadth, discipline and innovativeness in creating and managing a portfolio for each client that meets the client's individual requirements and objectives.

Corporate Credit

Guggenheim is an established leader in investing in corporate credit for its clients. Guggenheim has experience in managing portfolios of investment-grade bonds, bank debt, high-yield bonds, private mezzanine, distressed securities and DIP financings. Guggenheim currently has approximately $9 billion of assets under management across these various corporate credit asset classes.

Distinguished by our resources, our process, and our methodology, our goal is to provide clients with exposure to the corporate credit asset classes that are best suited for the clients' objectives.

Mortgage-Backed Securities

Guggenheim Partners employs a fundamental, “bottom-up” approach to investing in the mortgage market with an emphasis on relative valuation, analytic rigor and tactical asset allocation. Our offerings of Mortgage-Backed Securities span the entire mortgage universe — from traditional agency instruments to mortgage derivatives, credit products, adjustable-rate mortgages and beyond. Guggenheim Partners' state-of-the-art valuation, analytic and risk-management tools allow us to implement effectively and efficiently a diverse array of mortgage strategies. With more than $5.8 billion of MBS under management, Guggenheim Partners has both the resources and the expertise to construct customized mortgage strategies that meet the specific needs of virtually any fixed-income client.

Insurance-Linked Securities

Guggenheim has extensive expertise in the structuring and management of Insurance-Linked Securities (ILS) portfolios. Guggenheim's ILS strategy is to invest in a diversified portfolio of structured assets that simulate the risk and return characteristics of the global reinsurance market. We seek high risk-adjusted returns relative to similarly rated corporate bonds, while providing substantial diversification benefits from lack of correlation to other capital market instruments. ILS's strategy is to participate in a broad range of risks ranging from hurricanes and earthquakes to extreme mortality and business interruption insurance.

Government and Agency Securities

Guggenheim manages more than $6 billion of government, agency and municipal-debt products on behalf of our fixed-income clients. Investments range from traditional agency debenture products to more aggressive volatility-driven strategies that utilize callable debt and interest rate derivative techniques. Guggenheim also offers a range of innovative securities lending and financing techniques that can be used to enhance returns within this sector.

To learn more about our innovative investment strategies, please visit Guggenheim Partners Asset Management, Inc, at www.gpam.com.