# EDGAR Filing Document

**Accession Number:** 0000217087
**File Stem:** 0001193125-23-005763
**Filing Date:** 2023-1
**Character Count:** 3289
**Document Hash:** 84d3eb4ae62162a319dc077f1fe126e1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-005763.hdr.sgml**: 20230111

**ACCESSION NUMBER**: 0001193125-23-005763

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230111

**DATE AS OF CHANGE**: 20230110

**EFFECTIVENESS DATE**: 20230111

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Guggenheim Variable Funds Trust
- **CENTRAL INDEX KEY:** 0000217087
- **IRS NUMBER:** 480873454
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-59353
- **FILM NUMBER:** 23522199

**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:** SBL FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### SERIES P (HIGH YIELD SERIES) (Series ID: S000010055)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| A          | C000027854 |

---

### SERIES E (TOTAL RETURN BOND SERIES) (Series ID: S000010066)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| A          | C000027865 |

---

### SERIES F (FLOATING RATE STRATEGIES SERIES) (Series ID: S000040553)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| A          | C000125779 |

---

## Series and Classes Contracts Data

### SERIES P (HIGH YIELD SERIES) (Series ID: S000010055)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027854 | A            |  |

### SERIES E (TOTAL RETURN BOND SERIES) (Series ID: S000010066)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027865 | A            |  |

### SERIES F (FLOATING RATE STRATEGIES SERIES) (Series ID: S000040553)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000125779 | A            |  |

**Guggenheim Variable Funds Trust** 

**702 King Farm Blvd., Suite 200** 

**Rockville, Maryland 20850** 

**Supplement Dated January 11, 2023** 

**to the currently effective Summary Prospectuses, Prospectus and Statement of Additional Information dated May 1, 2022, as supplemented from time to time, for Series E (Total Return Bond Series), Series F (Floating Rate Strategies Series) and Series P (High Yield Series) (each, a "Fund" and, collectively, the "Funds")** 

**This supplement provides updated information beyond that contained in the Summary Prospectuses, Prospectus and Statement of Additional Information and should be read in conjunction with the Summary Prospectuses, Prospectus and Statement of Additional Information.** 

All references to Mr. B. Scott Minerd are removed from each Fund's Summary Prospectus, Prospectus and Statement of Additional Information.

Each Fund's other portfolio manager(s) will continue to serve as portfolio manager(s) to the Fund. There is no change to each Fund's investment objective or principal investment strategies and the daily management of each Fund is expected to remain unchanged.

**Please Retain This Supplement for Future Reference** 

GVFT-SUP-0123x0123