<SEC-DOCUMENT>0001628280-20-000842-index.html : 20200131
<SEC-HEADER>0001628280-20-000842.hdr.sgml : 20200131
<ACCEPTANCE-DATETIME>20200131062107
ACCESSION NUMBER:		0001628280-20-000842
CONFORMED SUBMISSION TYPE:	497K
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20200131
DATE AS OF CHANGE:		20200131
EFFECTIVENESS DATE:		20200131

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:		20563235

	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:	SECURITY EQUITY FUND
		DATE OF NAME CHANGE:	19920703
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0000088525
<SERIES-ID>S000052809
<SERIES-NAME>Guggenheim Market Neutral Real Estate Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000165920
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>GUMAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000165921
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>GUMCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000165922
<CLASS-CONTRACT-NAME>Institutional
<CLASS-CONTRACT-TICKER-SYMBOL>GUMNX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000165923
<CLASS-CONTRACT-NAME>Class P
<CLASS-CONTRACT-TICKER-SYMBOL>GUMPX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>497K
<SEQUENCE>1
<FILENAME>gft12020marketneutralreale.htm
<DESCRIPTION>497K
<TEXT>
Document 1 - file: gft12020marketneutralreale.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>chart-94e62df7e6d18180449.jpg
<TEXT>
Document 2 - file: chart-94e62df7e6d18180449.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>guggenheimlogoe46.jpg
<TEXT>
Document 3 - file: guggenheimlogoe46.jpg

</DOCUMENT>
</SEC-DOCUMENT>