0001193125-23-005763.txt : 20230111 0001193125-23-005763.hdr.sgml : 20230111 20230110183852 ACCESSION NUMBER: 0001193125-23-005763 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230111 DATE AS OF CHANGE: 20230110 EFFECTIVENESS DATE: 20230111 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: 23522199 BUSINESS ADDRESS: STREET 1: 702 KING FARM BOULEVARD STREET 2: SUITE 200 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 301-296-5100 MAIL ADDRESS: STREET 1: 702 KING FARM BOULEVARD STREET 2: SUITE 200 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 0000217087 S000040553 SERIES F (FLOATING RATE STRATEGIES SERIES) C000125779 A 497 1 d432836d497.htm GUGGENHEIM VARIABLE FUNDS TRUST Guggenheim Variable Funds Trust

Guggenheim Variable Funds Trust

702 King Farm Blvd., Suite 200

Rockville, Maryland 20850

Supplement Dated January 11, 2023

to the currently effective Summary Prospectuses, Prospectus and Statement of Additional Information dated May 1, 2022, as supplemented from time to time, for Series E (Total Return Bond Series), Series F (Floating Rate Strategies Series) and Series P (High Yield Series) (each, a “Fund” and, collectively, the “Funds”)

This supplement provides updated information beyond that contained in the Summary Prospectuses, Prospectus and Statement of Additional Information and should be read in conjunction with the Summary Prospectuses, Prospectus and Statement of Additional Information.

All references to Mr. B. Scott Minerd are removed from each Fund’s Summary Prospectus, Prospectus and Statement of Additional Information.

Each Fund’s other portfolio manager(s) will continue to serve as portfolio manager(s) to the Fund. There is no change to each Fund’s investment objective or principal investment strategies and the daily management of each Fund is expected to remain unchanged.

Please Retain This Supplement for Future Reference

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