<SEC-DOCUMENT>0001628280-16-010455-index.html : 20160128
<SEC-HEADER>0001628280-16-010455.hdr.sgml : 20160128
<ACCEPTANCE-DATETIME>20160128064739
ACCESSION NUMBER:		0001628280-16-010455
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20160128
DATE AS OF CHANGE:		20160128
EFFECTIVENESS DATE:		20160128

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GUGGENHEIM FUNDS TRUST
		CENTRAL INDEX KEY:			0000088525
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		497K
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-19458
		FILM NUMBER:		161366536

	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
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000088525
<SERIES-ID>S000043987
<SERIES-NAME>Guggenheim High Yield Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000136513
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>SHYIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000136514
<CLASS-CONTRACT-NAME>A-Class
<CLASS-CONTRACT-TICKER-SYMBOL>SIHAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000136516
<CLASS-CONTRACT-NAME>C-Class
<CLASS-CONTRACT-TICKER-SYMBOL>SIHSX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000155967
<CLASS-CONTRACT-NAME>P
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>gfthighyieldfundannual497k.htm
<DESCRIPTION>497K
<TEXT>
Document 1 - file: gfthighyieldfundannual497k.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>gfthighyiel_chart-31204.jpg
<TEXT>
Document 2 - file: gfthighyiel_chart-31204.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>guggenheimlogo.jpg
<TEXT>
Document 3 - file: guggenheimlogo.jpg

</DOCUMENT>
</SEC-DOCUMENT>