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          <admin>
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          <brokerDealer>
            <brokerDealerName>Guggenheim Investor Services, LLC</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>Guggenheim Funds Distributors, LLC</brokerDealerName>
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        <brokers>
          <broker>
            <brokerName>BLOOMBERG TRADEBOOK LLC</brokerName>
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          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS INC.</brokerName>
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        <aggregateCommission>58.48000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>WELLS FARGO SECURITIES, LLC</principalName>
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          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
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          <principalTransaction>
            <principalName>MORGAN STANLEY &amp; CO. LLC</principalName>
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            <principalName>JEFFERIES LLC</principalName>
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          <principalTransaction>
            <principalName>GOLDMAN SACHS &amp; CO. LLC</principalName>
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          <principalTransaction>
            <principalName>BARCLAYS CAPITAL, INC.</principalName>
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            <principalName>BOFA SECURITIES, INC.</principalName>
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          <principalTransaction>
            <principalName>DEUTSCHE BANK SECURITIES, INC.</principalName>
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            <principalName>RBC CAPITAL MARKETS, LLC</principalName>
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            <principalName>UBS SECURITIES LLC</principalName>
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                <creditUser fundName="Guggenheim High Yield Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Ultra Short Duration Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Floating Rate Strategies Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Active INvestment Series (GAINS) - Core Plus Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Core Bond Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Limited Duration Fund" secFileNo="811-01136"/>
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                <creditUser fundName="Guggenheim Strategy Fund III" secFileNo="811-22946"/>
                <creditUser fundName="Guggenheim Macro Opportunities Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Strategy Fund II" secFileNo="811-22946"/>
                <creditUser fundName="Series P (High Yield Series)" secFileNo="811-02753"/>
                <creditUser fundName="Series E (Total Return Bond Series)" secFileNo="811-02753"/>
                <creditUser fundName="Guggenheim Total Return Bond Fund" secFileNo="811-01136"/>
                <creditUser fundName="Guggenheim Active INvestment Series (GAINS) - Limited Duration Fund" secFileNo="811-01136"/>
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              <isCreditLineUsed>N</isCreditLineUsed>
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          </lineOfCreditDetails>
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        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
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          <liquidityClassificationService>
            <liquidityName>MSCI Inc.</liquidityName>
            <liquidityLei>549300HTIN2PD78UB763</liquidityLei>
            <liquidityStateCountry liquidityCountry="US" liquidityState="US-NY"/>
            <isAffiliatedPerson>N</isAffiliatedPerson>
            <assetClassType>Loan</assetClassType>
            <assetClassType>Equity-preferred</assetClassType>
            <assetClassType>Derivative-foreign exchange</assetClassType>
            <assetClassType>Equity-common</assetClassType>
            <assetClassType>Derivative-credit</assetClassType>
            <assetClassType>ABS-mortgage backed security</assetClassType>
            <assetClassType>Derivative-interest rate</assetClassType>
            <assetClassType>Derivative-equity</assetClassType>
            <assetClassType>ABS-collateralized bond/debt obligation</assetClassType>
            <assetClassType>Derivative-commodity</assetClassType>
            <assetClassType>Short-term investment vehicle</assetClassType>
            <assetClassType>ABS-other</assetClassType>
            <assetClassType>Repurchase agreement</assetClassType>
            <assetClassType>Debt</assetClassType>
            <assetClassType>Other</assetClassType>
            <otherAssetDesc>Rights</otherAssetDesc>
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      <managementInvestmentQuestion>
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        <numTerminatedClass>0</numTerminatedClass>
        <sharesOutstandings>
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        <isForeignSubsidiary>N</isForeignSubsidiary>
        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4(e) (17 CFR 270.18f-4(e))</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
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        <isExpenseLimitationInPlace>Y</isExpenseLimitationInPlace>
        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
        <isFeesWaivedRecoupable>Y</isFeesWaivedRecoupable>
        <isExpenseWaivedRecoupable>Y</isExpenseWaivedRecoupable>
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          <investmentAdviser>
            <investmentAdviserName>Guggenheim Partners Investment Management, LLC</investmentAdviserName>
            <investmentAdviserFileNo>801-66786</investmentAdviserFileNo>
            <investmentAdviserCrdNo>000137432</investmentAdviserCrdNo>
            <investmentAdviserLei>549300XWQLVNUK615E79</investmentAdviserLei>
            <investmentAdviserStateCountry investmentAdviserState="US-CA" investmentAdviserCountry="US"/>
            <isInvestmentAdviserHired>N</isInvestmentAdviserHired>
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        <transferAgents>
          <transferAgent>
            <transferAgentName>MUFG Investor Services (US) LLC</transferAgentName>
            <transferAgentFileNo>084-05475</transferAgentFileNo>
            <transferAgentLei>N/A</transferAgentLei>
            <transferAgentRssdId>N/A</transferAgentRssdId>
            <transferAgentStateCountry transferAgentState="US-MD" transferAgentCountry="US"/>
            <isTransferAgentAffiliated>N</isTransferAgentAffiliated>
            <isTransferAgentSubAgent>N</isTransferAgentSubAgent>
          </transferAgent>
        </transferAgents>
        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
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            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-GA" pricingServiceCountry="US"/>
            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
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          <pricingService>
            <pricingServiceName>S&amp;P Global Market Intelligence</pricingServiceName>
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            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
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        </pricingServices>
        <isPricingServiceHiredOrTerminated>N</isPricingServiceHiredOrTerminated>
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            <custodianLei>549300IYUUH221WBZ505</custodianLei>
            <custodianCountry>CA</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <custodianCountry>CH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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            <custodianCountry>GB</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
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            <custodianCountry>BE</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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          <custodian>
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            <custodianCountry>JP</custodianCountry>
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            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>MUFG Investor Services (US) LLC</shareholderServiceAgentName>
            <shareholderServiceAgentOther>084-05475</shareholderServiceAgentOther>
            <shareholderServiceIdNumberDesc>SEC FILE NUMBER</shareholderServiceIdNumberDesc>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MD" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>MUFG Investor Services (US), LLC</adminName>
            <adminLei>N/A</adminLei>
            <adminRssdId>N/A</adminRssdId>
            <adminOther>084-05475</adminOther>
            <idNumberDesc>SEC File Number</idNumberDesc>
            <adminStateCountry adminState="US-MD" adminCountry="US"/>
            <isAdminAffiliated>N</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
          <admin>
            <adminName>The Bank of New York Mellon</adminName>
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            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>Y</isAdminHiredOrTerminated>
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          <brokerDealer>
            <brokerDealerName>Guggenheim Securities International Ltd</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300GOPVLTY8C8IN16</brokerDealerLei>
            <brokerDealerCountry>GB</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>Guggenheim Investor Services, LLC</brokerDealerName>
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          <brokerDealer>
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          <brokerDealer>
            <brokerDealerName>Guggenheim Partners Middle East Limited</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300GOPVLTY8C8IN16</brokerDealerLei>
            <brokerDealerCountry>AE</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>GUGGENHEIM SECURITIES, LLC</brokerDealerName>
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            <brokerDealerCrdNo>000040638</brokerDealerCrdNo>
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            <brokerDealerStateCountry brokerDealerState="US-NY" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>Guggenheim Funds Distributors, LLC</brokerDealerName>
            <brokerDealerFileNo>008-48842</brokerDealerFileNo>
            <brokerDealerCrdNo>000039805</brokerDealerCrdNo>
            <brokerDealerLei>549300YLHACOJHH3DN20</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IL" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>Sammons Financial Network LLC</brokerDealerName>
            <brokerDealerFileNo>008-68905</brokerDealerFileNo>
            <brokerDealerCrdNo>000158538</brokerDealerCrdNo>
            <brokerDealerLei>254900SHCOQLVJ21CT59</brokerDealerLei>
            <brokerDealerStateCountry brokerDealerState="US-IA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>Guggenheim Securities Europe Limited</brokerDealerName>
            <brokerDealerFileNo>N/A</brokerDealerFileNo>
            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>549300UBABVKWLVO5B05</brokerDealerLei>
            <brokerDealerCountry>IE</brokerDealerCountry>
            <brokerDealerCommission>0.00000000</brokerDealerCommission>
          </brokerDealer>
        </brokerDealers>
        <aggregateCommission>0.00000000</aggregateCommission>
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