Guggenheim Investments’ fixed income lineup

Guggenheim’s fixed income lineup grew 64.51% last year, the fastest growth rate for any fund firm managing more than $20bn in fixed income assets, Morningstar data shows.

Guggenheim’s bond funds took in $12.34bn last year, a haul boosted by offerings like the Guggenheim Total Return Bond Fund (GIBAX), which raked in $1.99bn, according to Lipper. The fund has a five-star Morningstar rating.

The firm has six fixed income funds in its lineup with five-star ratings. The firm credits the ratings and its thought leadership program for its inflows.


The JPMorgan Hedged Equity Fund (JHQAX)

The JPMorgan Hedged Equity Fund got a Morningstar rating boost from bronze to silver last year, and its flows kept pace.

The fund grabbed $1.15bn in net assets in 2017, after a more modest 2016, where it just took in $46.5m, Lipper data shows.

The fund had the third highest net inflows last year in Lipper’s long/short equity fund category, which has 131 funds.


Russell Investments Multi-Asset Growth Fund (RMGSX)

This multi-asset offering was the top-selling new product in Lipper’s flexible portfolio category last year.

Launched March 2017, the fund reeled in $1.65bn and ranked second in the flexible portfolio category in terms of flows.

The Russell fund beat heavyweights like the BlackRock Multi-Asset Income Fund (BIICX), which ranked third. BIICX has a five-year track record and a bronze Morningstar rating. It took in $1.48bn in new money.

The category overall was in net outflows last year, but the Russell fund managed to attract almost a quarter of the $6.65bn that came in, according to Lipper.

Victory Sycamore Established Value Fund (VETAX)

Victory Capital‘s Sycamore Established Value Fund gets a nomination for the second year in a row for out-selling its mid-cap core peers.

The fund reeled $2.5bn last year and was the top flow gatherer in a category that only attracted $477.9m in net flows, according to Lipper.

The fund’s performance has also been among the best. It ranked top quartile in its peer group last year, according to Morningstar, which gave the fund a bronze rating.