Guggenheim Alpha Opportunity Fund Class C (SAOCX)
| 16.42 Net Asset Value | -0.18% 1 Day | +4.06% Year-to-Date | Overall Morningstar Rating |
| Long/short equity Style or Category | No Load Sales Expenses | 4.84% 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 | -0.96% | 3 years | +12.84% | |
| 3 months | +3.59% | 5 years | +17.23% | |
| 1 year | +13.76% | Since inception | +10.06% |
Data through --
Peer Comparisonvs. Long/short equity
| SAOCX | Category | |
|---|---|---|
| Performance 5-yr return | +17.23% | +9.35% |
| Expense ratio | 4.84% | 1.90% |
| Risk 5 year sharpe ratio | 1.03 | 0.90 |
| Net assets | $11.5M | $509.4M |
| Average market cap | $22.2B | $38.0B |
| Average P/E | 16.9 | 17.8 |
| Portfolio turnover | -- | -- |
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Fund Management and Purchase Info
| Fund family | Guggenheim Investments |
| Fund manager & tenure | Michael Byrum / 4 Years |
| Minimal initial investment | $100.00 |
| Minimum IRA investment | -- |
Holdings
| Cash | 75.20% |
| U.S. stock | 72.07% |
| International stock | 0.00% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Industrial materials | 26.41% |
| Consumer goods | 13.63% |
| Consumer service | 12.01% |
| Healthcare | 11.14% |
| Business service | 7.09% |
Top 10 HoldingsPortfolio weighting
| TRN Trinity Industries Inc | 7.79% |
| PM Philip Morris International Inc | 7.65% |
| MO Altria Group Inc | 6.12% |
| LMT Lockheed Martin Corp | 5.42% |
| -- Volkswagen AG | 4.76% |
| WFC Wells Fargo & Co | 4.76% |
| JNJ Johnson & Johnson | 4.48% |
| -- Brisa-Auto Estradas de Portugal | 4.07% |
| AOS A O Smith Corp | 3.66% |
| CA CA Inc | 3.54% |
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