Guggenheim Funds Trust
702 King Farm Blvd., Suite 200
Rockville, Maryland 20850
Supplement Dated January 11, 2023
to the currently effective Summary Prospectuses, Prospectuses and Statement of Additional Information dated January 31, 2022, as supplemented from time to time, for Guggenheim Floating Rate Strategies Fund, Guggenheim High Yield Fund, Guggenheim Core Bond Fund, Guggenheim Macro Opportunities Fund, Guggenheim Municipal Income Fund, Guggenheim Total Return Bond Fund and Guggenheim Ultra Short Duration Fund (each, a Fund and, collectively, the Funds)
This supplement provides updated information beyond that contained in the Summary Prospectuses, Prospectuses and Statement of Additional Information and should be read in conjunction with the Summary Prospectuses, Prospectuses and Statement of Additional Information.
All references to Mr. B. Scott Minerd are removed from each Funds Summary Prospectus(es), Prospectuses and Statement of Additional Information.
Each Funds other portfolio manager(s) will continue to serve as portfolio manager(s) to the Fund. There is no change to each Funds 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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