Guggenheim Alpha Opportunity Fund Institutional Class (SAOIX)

27.31
Net Asset Value
-0.15%
1 Day
-8.39%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
1.20%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund pursues its objective by investing- under normal market conditions- in long and short positions of domestic equity and equity-related securities. It may invest in domestic equity securities- including small-- mid-- and large-capitalization securities. The fund also may invest in derivative instruments- including swaps on selected baskets of equity securities- to enable the fund to pursue its investment objective without investing directly in the securities of companies to which the fund is seeking exposure.

Performance

1 month-1.66% 3 years+3.20%
3 months-5.31% 5 years+7.20%
1 year-0.71% Since inception+11.73%
Data through --

Peer Comparisonvs. Long-short equity

 SAOIXCategory
Performance 5-yr return+7.20%+4.49%
Expense ratio1.20%1.89%
Risk 5 year sharpe ratio0.760.52
Net assets$202.1M$340.5M
Average market cap$11.7B$43.5B
Average P/E13.717.5
Portfolio turnover92%92%

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Fund Management and Purchase Info

Fund familyGuggenheim Investments
Fund manager & tenureJayson Flowers / 3 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment--

Holdings

U.S. stock101.57%
Cash4.87%
International stock0.54%
Fixed income0.00%
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
-- 6.43%
VLO Valero Energy1.39%
OXY Occidental Petroleum1.31%
CVX Chevron1.28%
ADM Archer Daniels Midland Co1.27%
POR Portland General Electric Co1.27%
ED Consolidated Edison Inc1.25%
VZ Verizon1.25%
EE El Paso Electric Co1.24%
AEE Ameren Corp1.23%