Security Equity Alpha Opportunity Fund (SAOIX)

24.43
Net Asset Value
-0.08%
1 Day
+0.83%
Year-to-Date
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
3.67%
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+0.33% 3 years+12.58%
3 months+1.88% 5 years+20.74%
1 year+23.20% Since inception+18.09%
Data through --

Peer Comparisonvs. Long/short equity

 SAOIXCategory
Performance 5-yr return+20.74%+11.15%
Expense ratio3.67%1.92%
Risk 5 year sharpe ratio1.170.99
Net assets$11.2M$534.5M
Average market cap$21.1B$39.2B
Average P/E16.816.7
Portfolio turnover----

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Fund Management and Purchase Info

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

Holdings

Cash83.54%
U.S. stock68.38%
International stock0.00%
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
PM Philip Morris International, Inc.7.05%
TRN Trinity Industries, Inc.6.52%
LMT Lockheed Martin Corporation5.42%
MO Altria Group Inc.5.39%
-- Volkswagen AG4.80%
WFC Wells Fargo & Co4.80%
CA CA, Inc.4.17%
-- Brisa-Auto Estradas de Portugal4.11%
JNJ Johnson & Johnson4.10%
TJX TJX Companies3.94%

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