Guggenheim Alpha Opportunity Fund Class A (SAOAX)

18.40
Net Asset Value
-0.05%
1 Day
+5.81%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
4.75
Sales Expenses
3.99%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund invests approximately (1) 37.5% of its total assets according to a long/short strategy with an emphasis on securities of domestic issuers (the "Domestic Long/Short Sub-Portfolio"), (2) 37.5% of its total assets according to a long/short strategy with an emphasis on securities of non-U.S. issuers (the "Global Long/Short Sub-Portfolio"), and (3) 25% of its total assets in a portfolio of equity securities, equity derivatives and fixed income securities (the "Indexed Sub-Portfolio") that is intended to closely track the performance of the S&P 500 Composite Stock Price Index. It is non-diversified.

Performance

1 month+1.27% 3 years+18.48%
3 months+0.93% 5 years+17.59%
1 year+17.94% Since inception+10.58%
Data through --

Peer Comparisonvs. Long/short equity

 SAOAXCategory
Performance 5-yr return+17.59%+9.35%
Expense ratio3.99%1.90%
Risk 5 year sharpe ratio0.970.83
Net assets$11.1M$505.4M
Average market cap$68.4B$34.8B
Average P/E18.617.4
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyGuggenheim Investments
Fund manager & tenureMichael Byrum / 4 Years
Minimal initial investment$100.00
Minimum IRA investment--

Holdings

Cash99.07%
Fixed income0.56%
U.S. stock0.37%
International stock0.01%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 26.41%
Consumer goods 13.63%
Consumer service 12.01%
Healthcare 11.14%
Business service 7.09%
Top 10 Holdings
Portfolio weighting
TRN Trinity Industries Inc7.79%
PM Philip Morris International Inc7.65%
MO Altria Group Inc6.12%
LMT Lockheed Martin Corp5.42%
-- Volkswagen AG4.76%
WFC Wells Fargo & Co4.76%
JNJ Johnson & Johnson4.48%
-- Brisa-Auto Estradas de Portugal4.07%
AOS A O Smith Corp3.66%
CA CA Inc3.54%

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