Guggenheim Investments, the investment management division of Guggenheim Partners, announced a new open-end mutual fund offering: Guggenheim Municipal Income Fund. The fund is the latest addition to the company’s recently expanded suite of fixed-income mutual funds, which provide access to the firm’s institutional strategies and investment capabilities.

The Guggenheim Municipal Income Fund looks to provide current income, with an emphasis on income exempt from federal income tax, while also considering capital appreciation. The fund invests in a diversified portfolio of primarily investment-grade municipal securities whose interest is exempt from federal income tax.

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