Guggenheim Alpha Opportunity Fund Institutional Class (SAOIX)

29.41
Net Asset Value
-0.34%
1 Day
-1.34%
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-4.53% 3 years+4.88%
3 months+3.75% 5 years+9.65%
1 year+3.80% Since inception+13.52%
Data through --

Peer Comparisonvs. Long-short equity

 SAOIXCategory
Performance 5-yr return+9.65%+6.23%
Expense ratio1.20%1.89%
Risk 5 year sharpe ratio1.250.79
Net assets$234.0M$344.8M
Average market cap$12.4B$45.5B
Average P/E20.020.0
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. stock103.13%
Cash2.90%
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
-- 7.29%
VZ Verizon1.71%
LUV Southwest Airlines1.69%
FLR Fluor Corp1.61%
OC Owens Corning1.57%
SJM J M Smucker Co1.55%
-- 1.53%
CAG Conagra Brands Inc1.51%
VLO Valero Energy1.50%
USFD US Foods Holding Corp1.48%