# EDGAR Filing Document

**Accession Number:** 0000088525
**File Stem:** 0001193125-26-063590
**Filing Date:** 2026-2
**Character Count:** 35626
**Document Hash:** eda63e414937733188e4bea6fdad41b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-063590.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0001193125-26-063590

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**EFFECTIVENESS DATE**: 20260223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUGGENHEIM FUNDS TRUST
- **CENTRAL INDEX KEY:** 0000088525

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-19458
- **FILM NUMBER:** 26663825

**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

### Guggenheim Limited Duration Fund (Series ID: S000043985)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A-Class             | GILDX         | C000136507 |
| C-Class             | GILFX         | C000136508 |
| Institutional Class | GILHX         | C000136509 |
| R6                  | GIKRX         | C000152100 |
| P                   | GILPX         | C000155965 |

---

### Guggenheim Floating Rate Strategies Fund (Series ID: S000043986)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A-Class             | GIFAX         | C000136510 |
| C-Class             | GIFCX         | C000136511 |
| Institutional Class | GIFIX         | C000136512 |
| R6                  | GIFSX         | C000152101 |
| P                   | GIFPX         | C000155966 |

---

### Guggenheim High Yield Fund (Series ID: S000043987)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Institutional Class | SHYIX         | C000136513 |
| A-Class             | SIHAX         | C000136514 |
| C-Class             | SIHSX         | C000136516 |
| R6                  | SHYSX         | C000152102 |
| P                   | SIHPX         | C000155967 |

---

### Guggenheim Core Bond Fund (Series ID: S000043988)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A-Class             | SIUSX         | C000136517 |
| C-Class             | SDICX         | C000136519 |
| Institutional Class | GIUSX         | C000136520 |
| R6                  | nan           | C000152103 |
| P                   | SIUPX         | C000155968 |

---

### Guggenheim Macro Opportunities Fund (Series ID: S000043989)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A-Class             | GIOAX         | C000136521 |
| C-Class             | GIOCX         | C000136522 |
| Institutional Class | GIOIX         | C000136523 |
| R6                  | GIOSX         | C000152104 |
| P                   | GIOPX         | C000155969 |

---

### Guggenheim Municipal Income Fund (Series ID: S000043990)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A-Class             | GIJAX         | C000136524 |
| C-Class             | GIJCX         | C000136525 |
| Institutional Class | GIJIX         | C000136526 |
| R6                  | nan           | C000152105 |
| P                   | GIJPX         | C000155970 |

---

### Guggenheim Total Return Bond Fund (Series ID: S000043991)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A-Class             | GIBAX         | C000136527 |
| C-Class             | GIBCX         | C000136528 |
| Institutional Class | GIBIX         | C000136529 |
| R6                  | GIBRX         | C000152106 |
| P                   | GIBLX         | C000155971 |

---

### Guggenheim Ultra Short Duration Fund (Series ID: S000063493)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| Class R6      | GIYRX         | C000205702 |
| Class A       | GIYAX         | C000205703 |
| Institutional | GIYIX         | C000205704 |
| Class P       | GIYPX         | C000205705 |

---

### Guggenheim Active INvestment Series (GAINS)-Core Plus Fund (Series ID: S000085233)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| SMA Class  | GUCPX         | C000250200 |

---

### Guggenheim Active INvestment Series (GAINS)-Limited Duration Fund (Series ID: S000085234)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| SMA Class  | GULDX         | C000250201 |

---

## Series and Classes Contracts Data

### Guggenheim Limited Duration Fund (Series ID: S000043985)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136507 | A-Class             | GILDX           |
| C000136508 | C-Class             | GILFX           |
| C000136509 | Institutional Class | GILHX           |
| C000152100 | R6                  | GIKRX           |
| C000155965 | P                   | GILPX           |

### Guggenheim Floating Rate Strategies Fund (Series ID: S000043986)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136510 | A-Class             | GIFAX           |
| C000136511 | C-Class             | GIFCX           |
| C000136512 | Institutional Class | GIFIX           |
| C000152101 | R6                  | GIFSX           |
| C000155966 | P                   | GIFPX           |

### Guggenheim High Yield Fund (Series ID: S000043987)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136513 | Institutional Class | SHYIX           |
| C000136514 | A-Class             | SIHAX           |
| C000136516 | C-Class             | SIHSX           |
| C000152102 | R6                  | SHYSX           |
| C000155967 | P                   | SIHPX           |

### Guggenheim Core Bond Fund (Series ID: S000043988)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136517 | A-Class             | SIUSX           |
| C000136519 | C-Class             | SDICX           |
| C000136520 | Institutional Class | GIUSX           |
| C000152103 | R6                  |  |
| C000155968 | P                   | SIUPX           |

### Guggenheim Macro Opportunities Fund (Series ID: S000043989)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136521 | A-Class             | GIOAX           |
| C000136522 | C-Class             | GIOCX           |
| C000136523 | Institutional Class | GIOIX           |
| C000152104 | R6                  | GIOSX           |
| C000155969 | P                   | GIOPX           |

### Guggenheim Municipal Income Fund (Series ID: S000043990)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136524 | A-Class             | GIJAX           |
| C000136525 | C-Class             | GIJCX           |
| C000136526 | Institutional Class | GIJIX           |
| C000152105 | R6                  |  |
| C000155970 | P                   | GIJPX           |

### Guggenheim Total Return Bond Fund (Series ID: S000043991)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000136527 | A-Class             | GIBAX           |
| C000136528 | C-Class             | GIBCX           |
| C000136529 | Institutional Class | GIBIX           |
| C000152106 | R6                  | GIBRX           |
| C000155971 | P                   | GIBLX           |

### Guggenheim Ultra Short Duration Fund (Series ID: S000063493)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000205702 | Class R6      | GIYRX           |
| C000205703 | Class A       | GIYAX           |
| C000205704 | Institutional | GIYIX           |
| C000205705 | Class P       | GIYPX           |

### Guggenheim Active INvestment Series (GAINS)-Core Plus Fund (Series ID: S000085233)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250200 | SMA Class    | GUCPX           |

### Guggenheim Active INvestment Series (GAINS)-Limited Duration Fund (Series ID: S000085234)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250201 | SMA Class    | GULDX           |

**Guggenheim Funds Trust** 

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

**Rockville, Maryland 20850** 

**Supplement Dated February 23, 2026** 

**to the currently effective Class A, Class C, Institutional Class and Class P Statutory Prospectus dated January 31, 2026, as supplemented from time to time (the "Prospectus")** 

**This supplement provides updated information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.**

On February 23, 2026, The Bank of New York Mellon ("BNY") replaced MUFG Investor Services (US) LLC ("MUFG") as transfer agent to Guggenheim Funds Trust (the "Trust" and each series of the Trust, a "Fund" and, collectively, the "Funds").

In view of the foregoing, references to MUFG as transfer agent to the Funds are hereby replaced with BNY as context requires. Additionally, all references to the telephone number 301-296-5100 are hereby deleted. For requests or inquiries by telephone, please call 1-800-820-0888.

In addition, the Prospectus is revised as described below.

**The table in the section of the Prospectus titled "Buying Fund Shares—PURCHASE PROCEDURES" is hereby replaced with the following:** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts<br>require additional paperwork.*<br>*Call Guggenheim Investments Client<br>Services to request a Retirement<br>Account Investor application kit.* | ***Initial Purchase*** | ***Subsequent Purchases*** |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts<br>require additional paperwork.*<br>*Call Guggenheim Investments Client<br>Services to request a Retirement<br>Account Investor application kit.* | &nbsp;&nbsp;&nbsp; Complete the account application that corresponds to the type of account you are opening.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure to designate the Fund(s) you want to purchase.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure your investment meets the account minimum.<br>| &nbsp;&nbsp; Complete the Guggenheim Investments investment slip included with your quarterly statement or send written purchase instructions that include:<br> ● Your name.<br>● Your shareholder account number.<br>● The Fund(s) you want to purchase.<br>|
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts<br>require additional paperwork.*<br>*Call Guggenheim Investments Client<br>Services to request a Retirement<br>Account Investor application kit.* | Make your check payable to **Guggenheim Investments**. | Make your check payable to **Guggenheim Investments**. |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts<br>require additional paperwork.*<br>*Call Guggenheim Investments Client<br>Services to request a Retirement<br>Account Investor application kit.* | Your check must be drawn on a U.S. bank and payable in U.S. dollars. | Your check must be drawn on a U.S. bank and payable in U.S. dollars. |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts<br>require additional paperwork.*<br>*Call Guggenheim Investments Client<br>Services to request a Retirement<br>Account Investor application kit.* | Include the name of the Fund(s) you want to purchase on your check.<br>**If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.** | Include the name of the Fund(s) you want to purchase on your check.<br>**If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.** |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts<br>require additional paperwork.*<br>*Call Guggenheim Investments Client<br>Services to request a Retirement<br>Account Investor application kit.* | Mail your application and check to: | Mail your written purchase instructions and check to: |

---

------

---

| | | |
|:---|:---|:---|
|  | **Mailing Addresses:** | **Mailing Addresses:** |
|  | **Standard Delivery** | **Overnight Delivery** |
|  | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp; **BY WIRE** | ***Initial Purchase*** | ***Subsequent Purchases*** |
| &nbsp;&nbsp; **BY WIRE** | &nbsp;&nbsp;&nbsp; Complete and submit the account application that corresponds to the type of account you are opening.<br>Contact Guggenheim Investments Client Services at 1-800-820-0888 to obtain your new account number.<br>Use the wire instructions below to send your wire.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure to designate the Fund(s) you want to purchase.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure your investment meets the account minimum.<br>| Be sure to designate your wire instructions to the Fund(s) you want to purchase. |
| &nbsp;&nbsp; **BY WIRE** | &nbsp;&nbsp; To obtain "same-day credit" (to get that Business Day's NAV) for your purchase order, ***you should call Guggenheim Investments Client Services and provide the following information prior to the transaction cut-off time for the Fund(s) you are purchasing:***<br> ● Account Number<br>● Fund Name<br>● Amount of Wire<br>● Fed Wire Reference Number (upon request)<br>You will receive a confirmation number to verify that your purchase order has been accepted. ***If you do not notify Guggenheim Investments Client Services of the incoming wire, your purchase order may not be processed until the Business Day following the receipt of the wire.***<br>**Wire Instructions:**<br> The Bank of New York Mellon<br> 500 Ross St.<br> Pittsburgh, PA 15262<br> ABA: 011001234<br> Account: 054100<br> Ref: Guggenheim Fund / Account | &nbsp;&nbsp; To obtain "same-day credit" (to get that Business Day's NAV) for your purchase order, ***you should call Guggenheim Investments Client Services and provide the following information prior to the transaction cut-off time for the Fund(s) you are purchasing:***<br> ● Account Number<br>● Fund Name<br>● Amount of Wire<br>● Fed Wire Reference Number (upon request)<br>You will receive a confirmation number to verify that your purchase order has been accepted. ***If you do not notify Guggenheim Investments Client Services of the incoming wire, your purchase order may not be processed until the Business Day following the receipt of the wire.***<br>**Wire Instructions:**<br> The Bank of New York Mellon<br> 500 Ross St.<br> Pittsburgh, PA 15262<br> ABA: 011001234<br> Account: 054100<br> Ref: Guggenheim Fund / Account |

---

------

 **If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.**

**The table in the section of the Prospectus titled "Selling Fund Shares—REDEMPTION PROCEDURES" is hereby replaced with the following:** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; **BY MAIL** | **Standard Delivery** | **Overnight Delivery** |
| &nbsp;&nbsp; **BY MAIL** | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp; **BY FAX** | 1-855-671-8280 | 1-855-671-8280 |

---

------

---

| | |
|:---|:---|
|  | If you send your redemption order by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. |
| &nbsp;&nbsp; **BY TELEPHONE** | 1-800-820-0888 (not available for retirement accounts) |
| &nbsp;&nbsp; **BY ACH** | Redemption proceeds may be sent via ACH only if you have existing ACH instructions on file. If you have existing ACH instructions on file, you may submit your redemption request via mail or telephone using the mailing addresses and telephone number provided above.<br>If you currently do not have ACH instructions on file, download the Bank Information and Alternate Payee Form from the www.guggenheiminvestments.com site and follow the instructions for adding bank instructions.<br>A maximum of $50,000 is allowed to be redeemed via ACH per day. |

---

**The information contained in the section of the Prospectus titled "Selling Fund Shares—UNCASHED CHECK POLICY" is hereby replaced with the following:** 

Uncashed dividend, capital gain, or redemption checks will be handled in accordance with applicable law. The Funds may be required to transfer assets related to uncashed checks to a state under the state's escheatment or abandoned property laws.

**The table in the section of the Prospectus titled "Exchanging Fund Shares—EXCHANGE PROCEDURES" is hereby replaced with the following:** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; **BY MAIL** | **Standard Delivery** | **Overnight Delivery** |
|  | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp; **BY FAX** | 1-855-671-8280<br>If you send your exchange request by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. | 1-855-671-8280<br>If you send your exchange request by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. |
| &nbsp;&nbsp; **BY TELEPHONE** | 1-800-820-0888 | 1-800-820-0888 |
| &nbsp;&nbsp; **BY INTERNET** | Follow the directions on the Guggenheim Investments website – visit <u>https://my.accessportals.com/app/gug/login</u> (Active Investor) or<br> <u>https://my.accessportals.com/app/avc/login</u> (Advisors/Brokers). | Follow the directions on the Guggenheim Investments website – visit <u>https://my.accessportals.com/app/gug/login</u> (Active Investor) or<br> <u>https://my.accessportals.com/app/avc/login</u> (Advisors/Brokers). |

---

**The fee for bounced ACH transactions in the section titled "Account Policies—SERVICE AND OTHER FEES" is hereby replaced with the following:** 

&nbsp;&nbsp;&nbsp;&nbsp;● $50 for bounced ACH transactions; and

**The mailing address for Guggenheim Investments is replaced with the following in each instance in which it appears in the section titled "For More Information":** 

------

Guggenheim Investments

PO Box 534493

Pittsburgh, PA 15253-4493

- - - - - - -

**Please retain this supplement for future reference.** 

SUP-BNY-GFT-0226x0127

------

**Guggenheim Funds Trust** 

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

**Rockville, Maryland 20850** 

**Supplement Dated February 23, 2026** 

**to the currently effective Class R6 Statutory Prospectus dated January 31, 2026, as supplemented from time to time (the "Prospectus")** 

**This supplement provides updated information beyond that contained in the Prospectus and should be read in conjunction with the Prospectus.**

On February 23, 2026, The Bank of New York Mellon ("BNY") replaced MUFG Investor Services (US) LLC ("MUFG") as transfer agent to Guggenheim Funds Trust (the "Trust" and each series of the Trust, a "Fund" and, collectively, the "Funds").

In view of the foregoing, references to MUFG as transfer agent to the Funds are hereby replaced with BNY as context requires. Additionally, all references to the telephone number 301-296-5100 are hereby deleted. For requests or inquiries by telephone, please call 1-800-820-0888.

In addition, the Prospectus is revised as described below.

**The table in the section of the Prospectus titled "Buying Fund Shares—PURCHASE PROCEDURES" is hereby replaced with the following:** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts require additional paperwork.*<br>*Call Guggenheim Investments Client Services to request a Retirement Account Investor application kit.* | ***Initial Purchase*** | ***Subsequent Purchases*** |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts require additional paperwork.*<br>*Call Guggenheim Investments Client Services to request a Retirement Account Investor application kit.* | &nbsp;&nbsp;&nbsp; Complete the account application that corresponds to the type of account you are opening.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure to designate the Fund(s) you want to purchase.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure your investment meets the account minimum.<br>| &nbsp;&nbsp; Complete the Guggenheim Investments investment slip included with your quarterly statement or send written purchase instructions that include:<br> ● Your name.<br>● Your shareholder account number.<br>● The Fund(s) you want to purchase.<br>|
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts require additional paperwork.*<br>*Call Guggenheim Investments Client Services to request a Retirement Account Investor application kit.* | Make your check payable to **Guggenheim Investments**. | Make your check payable to **Guggenheim Investments**. |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts require additional paperwork.*<br>*Call Guggenheim Investments Client Services to request a Retirement Account Investor application kit.* | Your check must be drawn on a U.S. bank and payable in U.S. dollars. | Your check must be drawn on a U.S. bank and payable in U.S. dollars. |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts require additional paperwork.*<br>*Call Guggenheim Investments Client Services to request a Retirement Account Investor application kit.* | Include the name of the Fund(s) you want to purchase on your check.<br>**If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.** | Include the name of the Fund(s) you want to purchase on your check.<br>**If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.** |
| &nbsp;&nbsp; **BY MAIL**<br>*IRA and other retirement accounts require additional paperwork.*<br>*Call Guggenheim Investments Client Services to request a Retirement Account Investor application kit.* | Mail your application and check to: | Mail your written purchase instructions and check to: |

---

------

---

| | | |
|:---|:---|:---|
|  | **Mailing Addresses:** | **Mailing Addresses:** |
|  | **Standard Delivery** | **Overnight Delivery** |
|  | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp;&nbsp;**BY WIRE** | ***Initial Purchase*** | ***Subsequent Purchases*** |
| &nbsp;&nbsp;&nbsp;**BY WIRE** | &nbsp;&nbsp;&nbsp; Complete and submit the account application that corresponds to the type of account you are opening.<br>Contact Guggenheim Investments Client Services at 1-800-820-0888 to obtain your new account number.<br>Use the wire instructions below to send your wire.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure to designate the Fund(s) you want to purchase.<br>&nbsp;&nbsp;&nbsp;&nbsp;● Make sure your investment meets the account minimum.<br>| Be sure to designate your wire instructions to the Fund(s) you want to purchase. |
| &nbsp;&nbsp;&nbsp;**BY WIRE** | &nbsp;&nbsp; To obtain "same-day credit" (to get that Business Day's NAV) for your purchase order, ***you should call Guggenheim Investments Client Services and provide the following information prior to the transaction cut-off time for the Fund(s) you are purchasing:***<br> ● Account Number<br>● Fund Name<br>● Amount of Wire<br>● Fed Wire Reference Number (upon request)<br>You will receive a confirmation number to verify that your purchase order has been accepted. ***If you do not notify Guggenheim Investments Client Services of the incoming wire, your purchase order may not be processed until the Business Day following the receipt of the wire.***<br>**Wire Instructions:**<br> The Bank of New York Mellon<br> 500 Ross St.<br> Pittsburgh, PA 15262<br> ABA: 011001234<br> Account: 054100<br> Ref: Guggenheim Fund / Account | &nbsp;&nbsp; To obtain "same-day credit" (to get that Business Day's NAV) for your purchase order, ***you should call Guggenheim Investments Client Services and provide the following information prior to the transaction cut-off time for the Fund(s) you are purchasing:***<br> ● Account Number<br>● Fund Name<br>● Amount of Wire<br>● Fed Wire Reference Number (upon request)<br>You will receive a confirmation number to verify that your purchase order has been accepted. ***If you do not notify Guggenheim Investments Client Services of the incoming wire, your purchase order may not be processed until the Business Day following the receipt of the wire.***<br>**Wire Instructions:**<br> The Bank of New York Mellon<br> 500 Ross St.<br> Pittsburgh, PA 15262<br> ABA: 011001234<br> Account: 054100<br> Ref: Guggenheim Fund / Account |

---

------

---

| | | |
|:---|:---|:---|
|  | **If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.** | **If you do not specify the Fund(s) you want to purchase, your investment generally will be credited to the Rydex U.S. Government Money Market Fund, which is offered in a separate prospectus.** |
| &nbsp;&nbsp;&nbsp;**BY ACH (FAX/MAIL)** | **Mailing Addresses:** | **Mailing Addresses:** |
| &nbsp;&nbsp;&nbsp;**BY ACH (FAX/MAIL)** | **Standard Delivery** | **Overnight Delivery** |
| &nbsp;&nbsp;&nbsp;**BY ACH (FAX/MAIL)** | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp;&nbsp;**BY ACH (INTERNET)** | Purchase payments may be sent via ACH only if you have existing ACH instructions on file. If you have existing ACH instructions on file, log-in to your account <u>https://my.accessportals.com/app/gug/login</u> (Active Investor) or<br> <u>https://my.accessportals.com/app/avc/login</u> (Advisors/Brokers). If you currently do not have ACH instructions on file, download the Bank Information and Alternate Payee Form from the <u>www.guggenheiminvestments.com</u> website, and follow the instructions for adding bank instructions. | Purchase payments may be sent via ACH only if you have existing ACH instructions on file. If you have existing ACH instructions on file, log-in to your account <u>https://my.accessportals.com/app/gug/login</u> (Active Investor) or<br> <u>https://my.accessportals.com/app/avc/login</u> (Advisors/Brokers). If you currently do not have ACH instructions on file, download the Bank Information and Alternate Payee Form from the <u>www.guggenheiminvestments.com</u> website, and follow the instructions for adding bank instructions. |

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**The table in the section of the Prospectus titled "Selling Fund Shares—REDEMPTION PROCEDURES" is hereby replaced with the following:** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**BY MAIL** | **Standard Delivery** | **Overnight Delivery** |
| &nbsp;&nbsp;&nbsp;**BY MAIL** | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp;&nbsp;**BY FAX** | 1-855-671-8280<br>If you send your redemption order by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. | 1-855-671-8280<br>If you send your redemption order by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. |
| &nbsp;&nbsp;&nbsp;**BY TELEPHONE** | 1-800-820-0888 (not available for retirement accounts) | 1-800-820-0888 (not available for retirement accounts) |
| &nbsp;&nbsp;&nbsp;**BY ACH** | Redemption proceeds may be sent via ACH only if you have existing ACH instructions on file. If you have existing ACH instructions on file, you may submit your redemption request via mail or telephone using the mailing addresses and telephone number provided above.<br>If you currently do not have ACH instructions on file, download the Bank Information and Alternate Payee Form from the www.guggenheiminvestments.com site and follow the instructions for adding bank instructions.<br>A maximum of $50,000 is allowed to be redeemed via ACH per day. | Redemption proceeds may be sent via ACH only if you have existing ACH instructions on file. If you have existing ACH instructions on file, you may submit your redemption request via mail or telephone using the mailing addresses and telephone number provided above.<br>If you currently do not have ACH instructions on file, download the Bank Information and Alternate Payee Form from the www.guggenheiminvestments.com site and follow the instructions for adding bank instructions.<br>A maximum of $50,000 is allowed to be redeemed via ACH per day. |

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**The information contained in the section of the Prospectus titled "Selling Fund Shares—UNCASHED CHECK POLICY" is hereby replaced with the following:** 

Uncashed dividend, capital gain, or redemption checks will be handled in accordance with applicable law. The Funds may be required to transfer assets related to uncashed checks to a state under the state's escheatment or abandoned property laws.

**The table in the section of the Prospectus titled "Exchanging Fund Shares—EXCHANGE PROCEDURES" is hereby replaced with the following:** 

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; **BY MAIL** | **Standard Delivery** | **Overnight Delivery** |
| &nbsp;&nbsp; **BY MAIL** | Guggenheim Investments<br> PO Box 534493<br> Pittsburgh, PA 15253-4493 | Guggenheim Investments<br> Attention: 534493<br> 500 Ross Street 154-0520<br> Pittsburgh, PA 15262 |
| &nbsp;&nbsp; **BY FAX** | 1-855-671-8280<br>If you send your exchange request by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. | 1-855-671-8280<br>If you send your exchange request by fax, you must call Guggenheim Investments Client Services at 1-800-820-0888 to verify that your fax was received and when it will be processed. |
| &nbsp;&nbsp; **BY TELEPHONE** | 1-800-820-0888 | 1-800-820-0888 |
| &nbsp;&nbsp; **BY INTERNET** | Follow the directions on the Guggenheim Investments website – visit <u>https://my.accessportals.com/app/gug/login</u> (Active Investor) or<br> <u>https://my.accessportals.com/app/avc/login</u> (Advisors/Brokers). | Follow the directions on the Guggenheim Investments website – visit <u>https://my.accessportals.com/app/gug/login</u> (Active Investor) or<br> <u>https://my.accessportals.com/app/avc/login</u> (Advisors/Brokers). |

---

**The fee for bounced ACH transactions in the section titled "Account Policies—SERVICE AND OTHER FEES" is hereby replaced with the following:** 

&nbsp;&nbsp;&nbsp;&nbsp;● $50 for bounced ACH transactions; and

**The mailing address for Guggenheim Investments is replaced with the following in each instance in which it appears in the section titled "For More Information":** 

Guggenheim Investments

PO Box 534493

Pittsburgh, PA 15253-4493

- - - - - - -

**Please retain this supplement for future reference.** 

SUP-BNY-GFT1-0226x0127

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**Guggenheim Funds Trust** 

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

**Rockville, Maryland 20850** 

**Supplement Dated February 23, 2026** 

**to the currently effective Guggenheim Active INvestment Series (GAINS) – Core Plus Fund and Guggenheim Active INvestment Series (GAINS) – Limited Duration Fund (the "Funds") Statutory Prospectus (the "Prospectus") and Statement of Additional Information dated January 31, 2026, as supplemented from time to time** 

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

On February 23, 2026, The Bank of New York Mellon ("BNY") replaced MUFG Investor Services (US) LLC ("MUFG") as transfer agent to Guggenheim Funds Trust (the "Trust" and each series of the Trust, a "Fund and, collectively, the "Funds").

Pursuant to a Transfer Agency and Shareholder Services Agreement with the Trust, as may be amended and/or restated time to time, BNY performs all shareholder servicing functions, including processing purchase and redemption transactions, processing transfers and exchanges, maintenance of shareholder accounts, answering inquiries, supporting the mailing and e-delivery of shareholder communications, and acting as the dividend disbursing agent.

In view of the foregoing, references to MUFG as transfer agent to the Funds are hereby replaced with BNY as context requires. Additionally, all references to the telephone number 301-296-5100 are hereby deleted. For requests or inquiries by telephone, please call 1-800-820-0888.

In addition, the Prospectus is revised as described below.

**The mailing address for Guggenheim Investments is replaced with the following in each instance in which it appears in the section titled "For More Information":** 

Guggenheim Investments

PO Box 534493

Pittsburgh, PA 15253-4493

- - - - - - -

**Please retain this supplement for future reference.** 

SUP-BNY-GAINS-0226x0127

------

**Guggenheim Funds Trust** 

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

**Rockville, Maryland 20850** 

**Supplement Dated February 23, 2026** 

**to the currently effective Class A, Class C, Institutional Class, Class P and Class R6 Statement of Additional Information dated January 31, 2026, as supplemented from time to time (the "SAI")** 

**This supplement provides updated information beyond that contained in the SAI and should be read in conjunction with the SAI.**

On February 23, 2026, The Bank of New York Mellon ("BNY") replaced MUFG Investor Services (US) LLC ("MUFG") as transfer agent to Guggenheim Funds Trust (the "Trust").

Pursuant to a Transfer Agency and Shareholder Services Agreement with the Trust, as may be amended and/or restated time to time, BNY performs all shareholder servicing functions, including processing purchase and redemption transactions, processing transfers and exchanges, maintenance of shareholder accounts, answering inquiries, supporting the mailing and e-delivery of shareholder communications, and acting as the dividend disbursing agent.

In view of the foregoing, references to MUFG as transfer agent to the Trust are hereby replaced with BNY as context requires. Additionally, all references to the telephone number 301-296-5100 are hereby deleted. For requests or inquiries by telephone, please call 1-800-820-0888.

**Please retain this supplement for future reference.** 

SUP-BNY-GFT2-0226x0127