0001628280-15-007592.txt : 20151007 0001628280-15-007592.hdr.sgml : 20151007 20151007111359 ACCESSION NUMBER: 0001628280-15-007592 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20151007 DATE AS OF CHANGE: 20151007 EFFECTIVENESS DATE: 20151007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GUGGENHEIM FUNDS TRUST CENTRAL INDEX KEY: 0000088525 IRS NUMBER: 000000000 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-19458 FILM NUMBER: 151148104 BUSINESS ADDRESS: STREET 1: GUGGENHEIM INVESTMENTS STREET 2: 805 KING FARM BOULEVARD, SUITE 600 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 301.296.5100 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: SECURITY EQUITY FUND DATE OF NAME CHANGE: 19920703 0000088525 S000043986 Guggenheim Floating Rate Strategies Fund C000136510 A-Class GIFAX C000136511 C-Class GIFCX C000136512 Institutional Class GIFIX 0000088525 S000043987 Guggenheim High Yield Fund C000136513 Institutional Class SHYIX C000136514 A-Class SIHAX C000136515 B-Class SIHBX C000136516 C-Class SIHSX 0000088525 S000043988 Guggenheim Investment Grade Bond Fund C000136517 A-Class SIUSX C000136518 B-Class SUGBX C000136519 C-Class SDICX C000136520 Institutional Class GIUSX 0000088525 S000043989 Guggenheim Macro Opportunities Fund C000136521 A-Class GIOAX C000136522 C-Class GIOCX C000136523 Institutional Class GIOIX 0000088525 S000043990 Guggenheim Municipal Income Fund C000136524 A-Class GIJAX C000136525 C-Class GIJCX C000136526 Institutional Class GIJIX 0000088525 S000043991 Guggenheim Total Return Bond Fund C000136527 A-Class GIBAX C000136528 C-Class GIBCX C000136529 Institutional Class GIBIX 497 1 gft497fixed102015xbrldoc.htm 497 497


EXHIBIT LIST


Exhibit Number
Exhibit:

EX-101.INS        
XBRL Instance Document
EX-101.SCH        
XBRL Taxonomy Extension Schema Document
EX-101.CAL        
XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF        
XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB       
XBRL Taxonomy Extension Label Linkbase
EX-101.PRE        
XBRL Taxonomy Extension Presentation Linkbase



EX-101.INS 2 cik0000088525-20151001.xml XBRL INSTANCE DOCUMENT 0000088525 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043986Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043986Member cik0000088525:C000136510Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043986Member cik0000088525:C000136511Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043986Member cik0000088525:C000136512Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043987Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043987Member cik0000088525:C000136513Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043987Member cik0000088525:C000136514Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043987Member cik0000088525:C000136515Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043987Member cik0000088525:C000136516Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043988Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043988Member cik0000088525:C000136517Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043988Member cik0000088525:C000136518Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043988Member cik0000088525:C000136519Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043988Member cik0000088525:C000136520Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043989Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043989Member cik0000088525:C000136521Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043989Member cik0000088525:C000136522Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043989Member cik0000088525:C000136523Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043990Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043990Member cik0000088525:C000136524Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043990Member cik0000088525:C000136525Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043990Member cik0000088525:C000136526Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043991Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043991Member cik0000088525:C000136527Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043991Member cik0000088525:C000136528Member 2015-10-01 2015-10-01 0000088525 cik0000088525:GUGGENHEIMFUNDSTRUSTMember cik0000088525:S000043991Member cik0000088525:C000136529Member 2015-10-01 2015-10-01 xbrli:pure iso4217:USD <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Guggenheim Funds Trust</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">805 King Farm Blvd., Suite 600</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Rockville, Maryland 20850</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Supplement Dated October 1, 2015</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">to the currently effective Statutory Prospectus (the &#8220;Prospectus&#8221;) and Statement of Additional Information (the &#8220;SAI&#8221;), as supplemented from time to time, for Guggenheim Municipal Income Fund, Guggenheim Floating Rate Strategies Fund, Guggenheim Investment Grade Bond Fund, Guggenheim High Yield Fund, Guggenheim Total Return Bond Fund, and Guggenheim Macro Opportunities Fund (each, a &#8220;Fund&#8221;).</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">This supplement provides updated information beyond that contained in the Prospectus and SAI and should be read in conjunction with the Prospectus and SAI.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Effective October 1, 2015, the corresponding line items of the &#8220;Shareholder Fees&#8221; table under the section titled &#8220;Fees and Expenses of the Fund&#8221; and the section titled &#8220;Example&#8221; are hereby deleted in their entirety and replaced with the following with respect to each Fund as follows:</font></div></div> The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be: The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be: The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be: The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be: The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be: The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be: <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:9px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.</font></div></div> EXAMPLE EXAMPLE EXAMPLE EXAMPLE EXAMPLE EXAMPLE <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:2px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:2px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:2px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:2px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:2px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></div></div> <div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:2px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</font></div></div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043990Member column 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cik0000088525_S000043988Member column rr_ProspectusShareClassAxis compact * row period compact * row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043989Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043987Member column rr_ProspectusShareClassAxis compact * row period compact * row primary compact * ~ &lt;/div> 536 107 216 203 204 103 523 80 503 183 183 403 182 82 58 492 169 481 161 59 853 368 692 647 796 807 322 606 718 271 749 584 271 650 739 235 574 604 270 749 650 1192 1194 1116 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cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043990Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043988Member column rr_ProspectusShareClassAxis compact * row period compact * row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043991Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember column dei_LegalEntityAxis compact cik0000088525_S000043986Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ &lt;/div> 304 703 103 523 403 282 82 261 481 59 536 316 107 503 283 683 80 492 58 269 322 647 1107 796 271 584 650 604 749 270 692 853 368 606 749 271 1018 574 235 739 1089 1116 558 1637 916 475 1012 1073 498 1037 1192 1194 650 1015 1055 1480 478 426 1005 1004 1236 2760 2414 1922 2203 1066 1677 2371 1154 1855 2149 2576 1452 2302 2479 1774 1075 1764 2203 979 0.0100 0.0000 0.0000 0.0500 0.0000 0.0000 0.0100 0.0000 0.0100 0.0000 0.0100 0.0000 0.0000 0.0100 0.0000 0.0000 0.0100 0.0500 0.0000 0.0000 0.0000 0.0400 0.0000 0.0000 0.0400 0.0000 0.0300 0.0000 0.0000 0.0000 0.0000 0.0400 0.0000 0.0000 0.0400 0.0400 0.0000 0.0000 2015-05-01 0.0000 -0.0200 -0.0200 -0.0200 Guggenheim Investment Grade Bond Fund: Guggenheim Macro Opportunities Fund: Guggenheim Municipal Income Fund: Guggenheim Floating Rate Strategies Fund: Guggenheim Total Return Bond Fund: Guggenheim High Yield Fund: SHAREHOLDER FEES (fees paid directly from your investment) SHAREHOLDER FEES (fees paid directly from your investment) SHAREHOLDER FEES (fees paid directly from your investment) SHAREHOLDER FEES (fees paid directly from your investment) SHAREHOLDER FEES (fees paid directly from your investment) SHAREHOLDER FEES (fees paid directly from your investment) &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column rr_ProspectusShareClassAxis compact * row period compact * row dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember row dei_LegalEntityAxis compact cik0000088525_S000043988Member row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column rr_ProspectusShareClassAxis compact * row period compact * row dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember row dei_LegalEntityAxis compact cik0000088525_S000043987Member row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column rr_ProspectusShareClassAxis compact * row period compact * row dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember row dei_LegalEntityAxis compact cik0000088525_S000043989Member row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column rr_ProspectusShareClassAxis compact * row period compact * row dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember row dei_LegalEntityAxis compact cik0000088525_S000043990Member row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column rr_ProspectusShareClassAxis compact * row period compact * row dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember row dei_LegalEntityAxis compact cik0000088525_S000043991Member row primary compact * ~ &lt;/div> &lt;div style="display: none"> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column rr_ProspectusShareClassAxis compact * row period compact * row dei_DocumentInformationDocumentAxis compact cik0000088525_GUGGENHEIMFUNDSTRUSTMember row dei_LegalEntityAxis compact cik0000088525_S000043986Member row primary compact * ~ &lt;/div> false 2015-10-01 2015-10-01 2014-12-31 Other 0000088525 GUGGENHEIM FUNDS TRUST Closed to new subscriptions EX-101.SCH 3 cik0000088525-20151001.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT EX-101.CAL 4 cik0000088525-20151001_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 cik0000088525-20151001_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 cik0000088525-20151001_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Expense Example: Prospectus: Document Information, Document [Axis] Prospectus GUGGENHEIM FUNDS TRUST GUGGENHEIM FUNDS TRUST Series [Axis] Entity [Domain] Guggenheim Floating Rate Strategies Fund Guggenheim Floating Rate Strategies Fund, S000043986 Guggenheim High Yield Fund Guggenheim High Yield Fund S000043987 Guggenheim Investment Grade Bond Fund Guggenheim Investment Grade Bond Fund, S000043988 Guggenheim Macro Opportunities Fund Guggenheim Macro Opportunities Fund, S000043989 Guggenheim Municipal Income Fund Guggenheim Municipal Income Fund, S000043990 Guggenheim Total Return Bond Fund Guggenheim Total Return Bond Fund, S000043991 Share Class [Axis] Share Classes Class A Guggenheim Floating Rate Strategies Fund, A-Class Guggenheim Floating Rate Strategies Fund, A-Class, C000136510, GIFAX Class C Guggenheim Floating Rate Strategies Fund, C-Class Guggenheim Floating Rate Strategies Fund, C-Class, C000136511, GIFCX Institutional Class Guggenheim Floating Rate Strategies Fund, Institutional Guggenheim Floating Rate Strategies Fund, Institutional, C000136512, GIFIX Class A Guggenheim High Yield Fund, A-Class Guggenheim High Yield Fund, A-Class, C000136514, SIHAX Class B Guggenheim High Yield Fund, B-Class Guggenheim High Yield Fund, B-Class, C000136515, SIHBX Class C Guggenheim High Yield Fund, C-Class Guggenheim High Yield Fund, C-Class, C000136516, SIHSX Institutional Class Guggenheim High Yield Fund, Institutional Guggenheim High Yield Fund, Institutional, C000136513, SHYIX Class A Guggenheim Investment Grade Bond Fund, A-Class Guggenheim Investment Grade Bond Fund, A-Class, C000136517, SIUSX Class B Guggenheim Investment Grade Bond Fund, B-Class Guggenheim Investment Grade Bond Fund, B-Class, C000136518, SUGBX Class C Guggenheim Investment Grade Bond Fund, C-Class Guggenheim Investment Grade Bond Fund, C-Class, C000136519, SDICX Institutional Class Guggenheim Investment Grade Bond Fund, Institutional Guggenheim Investment Grade Bond Fund, Institutional, C000136520, GIUSX Class A Guggenheim Macro Opportunities Fund, A-Class Guggenheim Macro Opportunities Fund, A-Class, C000136521, IOAX Class C Guggenheim Macro Opportunities Fund, C-Class Guggenheim Macro Opportunities Fund, C-Class, C000136522, GIOCX Institutional Class Guggenheim Macro Opportunities Fund, Institutional Guggenheim Macro Opportunities Fund, Institutional, C000136523, GIOIX Class A Guggenheim Municipal Income Fund, A-Class Guggenheim Municipal Income Fund, A-Class, C000136524, GIJAX Class C Guggenheim Municipal Income Fund, C-Class Guggenheim Municipal Income Fund, C-Class, C000136525, GIJCX Institutional Class Guggenheim Municipal Income Fund, Institutional Guggenheim Municipal Income Fund, Institutional, C000136526, GIJIX Class A Guggenheim Total Return Bond Fund, A-Class Guggenheim Total Return Bond Fund, A-Class, C000136527, GIBAX Class C Guggenheim Total Return Bond Fund, C-Class Guggenheim Total Return Bond Fund, C-Class, C000136528, GIBCX Institutional Class Guggenheim Total Return Bond Fund, Institutional Guggenheim Total Return Bond Fund, Institutional, C000136529 Expense Example, By Year, Column [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Risk/Return: Risk/Return Detail [Table] Operating Expenses: Operating Expenses Column [Text] Management Fees (as a percentage of Assets) Distribution and Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other Expenses (as a percentage of Assets): Acquired Fund Fees and Expenses Expenses (as a percentage of Assets) Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Bar Chart Table: Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Expense Example, No Redemption: Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Supplement [Text Block] Supplement [Text Block] Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees [Table] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Performance Measure [Axis] Before Taxes After Taxes on Distributions After Taxes on Distributions and Sales Average Annual Return: Label 1 Year 5 Years 10 Years Since Inception Inception Date Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Deferred Sales Charge (as a percentage) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance 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Guggenheim Funds Trust
805 King Farm Blvd., Suite 600
Rockville, Maryland 20850

Supplement Dated October 1, 2015
to the currently effective Statutory Prospectus (the “Prospectus”) and Statement of Additional Information (the “SAI”), as supplemented from time to time, for Guggenheim Municipal Income Fund, Guggenheim Floating Rate Strategies Fund, Guggenheim Investment Grade Bond Fund, Guggenheim High Yield Fund, Guggenheim Total Return Bond Fund, and Guggenheim Macro Opportunities Fund (each, a “Fund”).

This supplement provides updated information beyond that contained in the Prospectus and SAI and should be read in conjunction with the Prospectus and SAI.

Effective October 1, 2015, the corresponding line items of the “Shareholder Fees” table under the section titled “Fees and Expenses of the Fund” and the section titled “Example” are hereby deleted in their entirety and replaced with the following with respect to each Fund as follows:
GUGGENHEIM FUNDS TRUST | Guggenheim Floating Rate Strategies Fund
Guggenheim Floating Rate Strategies Fund:
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - GUGGENHEIM FUNDS TRUST - Guggenheim Floating Rate Strategies Fund
Class A
Class C
Institutional Class
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 3.00% none none
Maximum Deferred Sales Charge (as a percentage) none 1.00% none
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - GUGGENHEIM FUNDS TRUST - Guggenheim Floating Rate Strategies Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 403 650 916 1,677
Class C 282 584 1,012 2,203
Institutional Class 82 271 475 1,066
Expense Example, No Redemption - GUGGENHEIM FUNDS TRUST - Guggenheim Floating Rate Strategies Fund - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 403 650 916 1,677
Class C 182 584 1,012 2,203
Institutional Class 82 271 475 1,066
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.
GUGGENHEIM FUNDS TRUST | Guggenheim High Yield Fund
Guggenheim High Yield Fund:
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - GUGGENHEIM FUNDS TRUST - Guggenheim High Yield Fund
Class A
Class B
Class C
Institutional Class
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 4.00% [1] none none
Maximum Deferred Sales Charge (as a percentage) none 5.00% 1.00% none
Redemption Fee (as a percentage of Amount Redeemed) 2.00% none 2.00% 2.00%
[1] Closed to new subscriptions
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - GUGGENHEIM FUNDS TRUST - Guggenheim High Yield Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 523 796 1,089 1,922
Class B 703 1,107 1,637 2,760
Class C 304 647 1,116 2,414
Institutional Class 103 322 558 1,236
Expense Example, No Redemption - GUGGENHEIM FUNDS TRUST - Guggenheim High Yield Fund - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 523 796 1,089 1,922
Class B 203 807 1,437 2,760
Class C 204 647 1,116 2,414
Institutional Class 103 322 558 1,236
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.
GUGGENHEIM FUNDS TRUST | Guggenheim Investment Grade Bond Fund
Guggenheim Investment Grade Bond Fund:
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - GUGGENHEIM FUNDS TRUST - Guggenheim Investment Grade Bond Fund
Class A
Class B
Class C
Institutional Class
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 4.00% [1] none none
Maximum Deferred Sales Charge (as a percentage) none 5.00% 1.00% none
[1] Closed to new subscriptions
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - GUGGENHEIM FUNDS TRUST - Guggenheim Investment Grade Bond Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 503 749 1,015 1,774
Class B 683 1,018 1,480 2,479
Class C 283 606 1,055 2,302
Institutional Class 80 271 478 1,075
Expense Example, No Redemption - GUGGENHEIM FUNDS TRUST - Guggenheim Investment Grade Bond Fund - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 503 749 1,015 1,774
Class B 183 718 1,280 2,479
Class C 183 606 1,055 2,302
Institutional Class 80 271 478 1,075
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.
GUGGENHEIM FUNDS TRUST | Guggenheim Macro Opportunities Fund
Guggenheim Macro Opportunities Fund:
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - GUGGENHEIM FUNDS TRUST - Guggenheim Macro Opportunities Fund
Class A
Class C
Institutional Class
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 4.00% none none
Maximum Deferred Sales Charge (as a percentage) none 1.00% none
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - GUGGENHEIM FUNDS TRUST - Guggenheim Macro Opportunities Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 536 853 1,192 2,149
Class C 316 692 1,194 2,576
Institutional Class 107 368 650 1,452
Expense Example, No Redemption - GUGGENHEIM FUNDS TRUST - Guggenheim Macro Opportunities Fund - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 536 853 1,192 2,149
Class C 216 692 1,194 2,576
Institutional Class 107 368 650 1,452
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.

GUGGENHEIM FUNDS TRUST | Guggenheim Municipal Income Fund
Guggenheim Municipal Income Fund:
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - GUGGENHEIM FUNDS TRUST - Guggenheim Municipal Income Fund
Class A
Class C
Institutional Class
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 4.00% none none
Maximum Deferred Sales Charge (as a percentage) none 1.00% none
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - GUGGENHEIM FUNDS TRUST - Guggenheim Municipal Income Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 481 749 1,037 1,855
Class C 261 604 1,073 2,371
Institutional Class 59 270 498 1,154
Expense Example, No Redemption - GUGGENHEIM FUNDS TRUST - Guggenheim Municipal Income Fund - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 481 749 1,037 1,855
Class C 161 604 1,073 2,371
Institutional Class 59 270 498 1,154
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.

GUGGENHEIM FUNDS TRUST | Guggenheim Total Return Bond Fund
Guggenheim Total Return Bond Fund:
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees - GUGGENHEIM FUNDS TRUST - Guggenheim Total Return Bond Fund
Class A
Class C
Institutional Class
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 4.00% none none
Maximum Deferred Sales Charge (as a percentage) none 1.00% none
EXAMPLE
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - GUGGENHEIM FUNDS TRUST - Guggenheim Total Return Bond Fund - USD ($)
Expense Example, with Redemption, 1 Year
Expense Example, with Redemption, 3 Years
Expense Example, with Redemption, 5 Years
Expense Example, with Redemption, 10 Years
Class A 492 739 1,005 1,764
Class C 269 574 1,004 2,203
Institutional Class 58 235 426 979
Expense Example, No Redemption - GUGGENHEIM FUNDS TRUST - Guggenheim Total Return Bond Fund - USD ($)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A 492 739 1,005 1,764
Class C 169 574 1,004 2,203
Institutional Class 58 235 426 979
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.

XML 11 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Label Element Value
Prospectus: rr_ProspectusTable  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2014
Registrant Name dei_EntityRegistrantName GUGGENHEIM FUNDS TRUST
Central Index Key dei_EntityCentralIndexKey 0000088525
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Oct. 01, 2015
Document Effective Date dei_DocumentEffectiveDate Oct. 01, 2015
Prospectus Date rr_ProspectusDate May 01, 2015
Supplement [Text Block] cik0000088525_SupplementTextBlock
Guggenheim Funds Trust
805 King Farm Blvd., Suite 600
Rockville, Maryland 20850

Supplement Dated October 1, 2015
to the currently effective Statutory Prospectus (the “Prospectus”) and Statement of Additional Information (the “SAI”), as supplemented from time to time, for Guggenheim Municipal Income Fund, Guggenheim Floating Rate Strategies Fund, Guggenheim Investment Grade Bond Fund, Guggenheim High Yield Fund, Guggenheim Total Return Bond Fund, and Guggenheim Macro Opportunities Fund (each, a “Fund”).

This supplement provides updated information beyond that contained in the Prospectus and SAI and should be read in conjunction with the Prospectus and SAI.

Effective October 1, 2015, the corresponding line items of the “Shareholder Fees” table under the section titled “Fees and Expenses of the Fund” and the section titled “Example” are hereby deleted in their entirety and replaced with the following with respect to each Fund as follows:
GUGGENHEIM FUNDS TRUST | Guggenheim Floating Rate Strategies Fund  
Prospectus: rr_ProspectusTable  
Risk/Return [Heading] rr_RiskReturnHeading Guggenheim Floating Rate Strategies Fund:
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Expense Example [Heading] rr_ExpenseExampleHeading EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.
GUGGENHEIM FUNDS TRUST | Guggenheim Floating Rate Strategies Fund | Class A  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.00%
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 403
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 650
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 916
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,677
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 403
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 650
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 916
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,677
GUGGENHEIM FUNDS TRUST | Guggenheim Floating Rate Strategies Fund | Class C  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 282
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 584
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,012
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,203
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 182
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 584
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,012
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,203
GUGGENHEIM FUNDS TRUST | Guggenheim Floating Rate Strategies Fund | Institutional Class  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 82
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 271
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 475
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,066
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 82
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 271
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 475
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,066
GUGGENHEIM FUNDS TRUST | Guggenheim High Yield Fund  
Prospectus: rr_ProspectusTable  
Risk/Return [Heading] rr_RiskReturnHeading Guggenheim High Yield Fund:
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Expense Example [Heading] rr_ExpenseExampleHeading EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.
GUGGENHEIM FUNDS TRUST | Guggenheim High Yield Fund | Class A  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.00%
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 523
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 796
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,089
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,922
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 523
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 796
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,089
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,922
GUGGENHEIM FUNDS TRUST | Guggenheim High Yield Fund | Class B  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice [1]
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 5.00%
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 703
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,107
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,637
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,760
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 203
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 807
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,437
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,760
GUGGENHEIM FUNDS TRUST | Guggenheim High Yield Fund | Class C  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 1.00%
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 304
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 647
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,116
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,414
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 204
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 647
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,116
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,414
GUGGENHEIM FUNDS TRUST | Guggenheim High Yield Fund | Institutional Class  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Redemption Fee (as a percentage of Amount Redeemed) rr_RedemptionFeeOverRedemption (2.00%)
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 103
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 322
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 558
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,236
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 103
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 322
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 558
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,236
GUGGENHEIM FUNDS TRUST | Guggenheim Investment Grade Bond Fund  
Prospectus: rr_ProspectusTable  
Risk/Return [Heading] rr_RiskReturnHeading Guggenheim Investment Grade Bond Fund:
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Expense Example [Heading] rr_ExpenseExampleHeading EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.
GUGGENHEIM FUNDS TRUST | Guggenheim Investment Grade Bond Fund | Class A  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.00%
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 503
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 749
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,015
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,774
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 503
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 749
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,015
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,774
GUGGENHEIM FUNDS TRUST | Guggenheim Investment Grade Bond Fund | Class B  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice [1]
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 5.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 683
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 1,018
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,480
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,479
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 183
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 718
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,280
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,479
GUGGENHEIM FUNDS TRUST | Guggenheim Investment Grade Bond Fund | Class C  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 283
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 606
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,055
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,302
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 183
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 606
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,055
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,302
GUGGENHEIM FUNDS TRUST | Guggenheim Investment Grade Bond Fund | Institutional Class  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 80
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 271
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 478
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,075
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 80
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 271
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 478
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,075
GUGGENHEIM FUNDS TRUST | Guggenheim Macro Opportunities Fund  
Prospectus: rr_ProspectusTable  
Risk/Return [Heading] rr_RiskReturnHeading Guggenheim Macro Opportunities Fund:
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Expense Example [Heading] rr_ExpenseExampleHeading EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.

GUGGENHEIM FUNDS TRUST | Guggenheim Macro Opportunities Fund | Class A  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.00%
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 536
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 853
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,192
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,149
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 536
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 853
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,192
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,149
GUGGENHEIM FUNDS TRUST | Guggenheim Macro Opportunities Fund | Class C  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 316
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 692
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,194
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,576
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 216
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 692
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,194
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,576
GUGGENHEIM FUNDS TRUST | Guggenheim Macro Opportunities Fund | Institutional Class  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 107
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 368
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 650
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,452
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 107
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 368
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 650
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,452
GUGGENHEIM FUNDS TRUST | Guggenheim Municipal Income Fund  
Prospectus: rr_ProspectusTable  
Risk/Return [Heading] rr_RiskReturnHeading Guggenheim Municipal Income Fund:
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Expense Example [Heading] rr_ExpenseExampleHeading EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.

GUGGENHEIM FUNDS TRUST | Guggenheim Municipal Income Fund | Class A  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.00%
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 481
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 749
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,037
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,855
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 481
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 749
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,037
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,855
GUGGENHEIM FUNDS TRUST | Guggenheim Municipal Income Fund | Class C  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 261
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 604
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,073
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,371
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 161
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 604
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,073
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,371
GUGGENHEIM FUNDS TRUST | Guggenheim Municipal Income Fund | Institutional Class  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 59
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 270
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 498
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,154
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 59
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 270
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 498
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,154
GUGGENHEIM FUNDS TRUST | Guggenheim Total Return Bond Fund  
Prospectus: rr_ProspectusTable  
Risk/Return [Heading] rr_RiskReturnHeading Guggenheim Total Return Bond Fund:
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment)
Expense Example [Heading] rr_ExpenseExampleHeading EXAMPLE
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although the actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example Closing [Text Block] rr_ExpenseExampleClosingTextBlock
The above Example reflects applicable contractual fee waiver/expense reimbursement arrangements for the duration of the arrangements only.

GUGGENHEIM FUNDS TRUST | Guggenheim Total Return Bond Fund | Class A  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.00%
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 492
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 739
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,005
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,764
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 492
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 739
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,005
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,764
GUGGENHEIM FUNDS TRUST | Guggenheim Total Return Bond Fund | Class C  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther 1.00%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 269
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 574
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,004
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,203
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 169
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 574
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,004
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,203
GUGGENHEIM FUNDS TRUST | Guggenheim Total Return Bond Fund | Institutional Class  
Prospectus: rr_ProspectusTable  
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (as a percentage) rr_MaximumDeferredSalesChargeOverOther none
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 58
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 235
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 426
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 979
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 58
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 235
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 426
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 979
[1] Closed to new subscriptions
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