SA
Sign upLog In
GUMPX

Guggenheim Market Neutral Real Estate Fund P Class (GUMPX) focuses on generating returns through a market-neutral strategy in the real estate sector, targeting both equity and debt investments across various property types. The fund aims to exploit inefficiencies in real estate markets, primarily in the U.S., leveraging Guggenheim's extensive research capabilities and market insights.

Real EstateReal Estate - Generallow - The fund's operating costs are primarily variable, associated with management fees and transaction costs, limiting fixed costs and providing flexibility in response to market conditions.

Business Overview

01Equity investments in real estate properties - 60%
02Debt investments in real estate projects - 40%

The fund generates returns by investing in both equity and debt securities related to real estate, aiming for a balanced risk profile. Its market-neutral approach allows it to capitalize on price discrepancies without being overly exposed to market fluctuations, providing a hedge against broader market movements.

What Moves the Stock

Changes in interest rates affecting real estate financing costs

Fluctuations in property values across key U.S. markets

Market sentiment towards real estate investments

Changes in regulatory environments impacting real estate transactions

Watch on Earnings
Net asset value (NAV) growthTotal return on investmentOccupancy rates in underlying real estate holdings

Risk Factors

Potential regulatory changes affecting real estate investment strategies

Long-term shifts in consumer preferences towards urban vs suburban living

Increased competition from other market-neutral funds and real estate investment trusts (REITs)

Emergence of new investment vehicles that could attract capital away from traditional real estate funds

Limited transparency regarding underlying asset valuations may lead to mispricing

Liquidity risks associated with real estate investments in a downturn

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

moderate - The fund's performance is linked to real estate market dynamics, which are influenced by economic growth and consumer spending.

Interest Rates

High interest rates can increase borrowing costs for real estate investments, potentially compressing margins and reducing property values, which negatively impacts the fund's performance.

Credit

minimal - The fund is not heavily reliant on credit markets for its operations, but changes in credit conditions can indirectly affect real estate valuations.

Live Conditions
Russell 2000 Futures10-Year Treasury5-Year Treasury30-Year Treasury2-Year TreasuryS&P 500 Futures30-Day Fed Funds

Profile

value - Investors seeking stable returns with lower volatility in the real estate sector may find this fund appealing.

low - The fund's market-neutral strategy aims to reduce volatility compared to traditional equity real estate investments.

Key Metrics to Watch
NAV growth rate
Occupancy rates in properties held
Interest rate trends (e.g., 10-Year Treasury Yield)
Real estate price indices (e.g., S&P/Case-Shiller Home Price Index)

Explore More

52-Week Highs Breakout

Stocks breaking to new annual highs

52-Week Lows Oversold

S&P 500 oversold value screener

Trending Momentum

Relative strength momentum leaders

Earnings Calendar

Upcoming earnings dates & reports

S&P 500 Screener

Filter and sort all 500 stocks

Strategy Focus List

Continuous multi-factor scoring & catalyst forensics

Market Movers

Today's biggest gainers and losers

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.