Profile: Guggenheim Raymond James SB-1 Equity ETF (RYJ.P)
1 Dec 2017
Claymore/Raymond James SB-1 Equity Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide capital appreciation. The Fund will invest substantially all of its net assets in equity securities that are rated, at the time of purchase, Strong Buy 1 (SB-1) by the Fund’s sub-advisor, Raymond James & Associates, Inc. (Raymond James). It will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities rated SB-1. The Fund's portfolio may include common stocks, non-United States securities, real estate investment trusts (REITs), master limited partnerships (MLPs) and other investment companies. The Fund’s investment advisor is Claymore Advisors, LLC.
The Fund invests in sectors, such as consumer discretionary, energy, industrials, financials, semiconductors, healthcare, communications equipment, software and services, telecommunication services, electronic equipment and instruments, consumer staples, utilities, and computer and peripherals. The Fund will not invest more than 25% of its assets in MLPs. The Fund’s investment advisor may invest up to 10% of the Fund’s net assets in other investment companies (which are not included on the Raymond James SB-1 list), such as open or closed-end investment companies, including exchange-traded funds (ETFs).
Guggenheim Raymond James SB-1 Equity ETF
2455 CORPORATE WEST DRIVE
LISLE IL 60532