0001193125-14-375345.txt : 20141020 0001193125-14-375345.hdr.sgml : 20141020 20141017193835 ACCESSION NUMBER: 0001193125-14-375345 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141020 DATE AS OF CHANGE: 20141017 EFFECTIVENESS DATE: 20141020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Guggenheim Variable Funds Trust CENTRAL INDEX KEY: 0000217087 IRS NUMBER: 480873454 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-59353 FILM NUMBER: 141162818 BUSINESS ADDRESS: STREET 1: GUGGENHEIM INVESTMENTS STREET 2: 805 KING FARM BOULEVARD, SUITE 600 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 3012965100 MAIL ADDRESS: STREET 1: GUGGENHEIM INVESTMENTS STREET 2: 805 KING FARM BOULEVARD, SUITE 600 CITY: ROCKVILLE STATE: MD ZIP: 20850 FORMER COMPANY: FORMER CONFORMED NAME: SBL FUND DATE OF NAME CHANGE: 19920703 0000217087 S000010055 SERIES P (HIGH YIELD SERIES) C000027854 A 0000217087 S000010066 SERIES E (TOTAL RETURN BOND SERIES) C000027865 A 497 1 d806844d497.htm SERIES E AND SERIES P - PROSPECTUS SUPPLEMENT DATED OCTOBER 20, 2014 Series E and Series P - Prospectus Supplement dated October 20, 2014

Guggenheim Variable Funds Trust

805 King Farm Blvd., Suite 600

Rockville, Maryland 20850

Supplement Dated October 20, 2014

to the Statutory Prospectus and Statement of Additional Information Dated April 30, 2014,

as supplemented from time to time

This supplement provides additional information beyond that contained in the currently effective Statutory Prospectus and Statement of Additional Information (“SAI”).

Effective October 20, 2014, Series E (Total Return Bond Series) and Series P (High Yield Series) are no longer offered in the Statutory Prospectus and SAI referenced above.

Series E (Total Return Bond Series) and Series P (High Yield Series) are now offered in a separate Statutory Prospectus and SAI. You may find the new Statutory Prospectus and the new SAI relating to Series E (Total Return Bond Series) and Series P (High Yield Series) at http://guggenheiminvestments.com/services/variable-fund-reports.

Please Retain This Supplement for Future Reference

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