Investors withdrew $2.4 billion from Guggenheim Partners' four mutual funds in September following reports that US regulators were investigating the company's CEO Mark Walter's business dealings. According to Morningstar estimates, $1.8 billion of this went out of the Guggenheim Total Return Bond Fund, which is the company's largest publicly traded mutual fund. The size of the outflow was equivalent to 6.1% of the fund's assets under management, and its asset size fell to less than $29 billion. According to Morningstar data, the Guggenheim Macro Opportunities Fund was redeemed by investors of US$222.4 million, the Guggenheim Limited Duration Fund had an outflow of US$317 million, and the Guggenheim Core Bond Fund had an outflow of US$64.9 million.

Zhitongcaijing · 2d ago
Investors withdrew $2.4 billion from Guggenheim Partners' four mutual funds in September following reports that US regulators were investigating the company's CEO Mark Walter's business dealings. According to Morningstar estimates, $1.8 billion of this went out of the Guggenheim Total Return Bond Fund, which is the company's largest publicly traded mutual fund. The size of the outflow was equivalent to 6.1% of the fund's assets under management, and its asset size fell to less than $29 billion. According to Morningstar data, the Guggenheim Macro Opportunities Fund was redeemed by investors of US$222.4 million, the Guggenheim Limited Duration Fund had an outflow of US$317 million, and the Guggenheim Core Bond Fund had an outflow of US$64.9 million.