Guggenheim Alpha Opportunity Fund Institutional Class (SAOIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Long/short equity
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+2.34% 3 years+18.59%
3 months+6.48% 5 years+16.49%
1 year+11.29% Since inception+17.41%
Data through --

Peer Comparisonvs. Long/short equity

Performance 5-yr return+16.49%+7.27%
Expense ratio3.67%1.90%
Risk 5 year sharpe ratio0.960.76
Net assets$11.0M$445.6M
Average market cap$71.3B$36.9B
Average P/E18.617.5
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyGuggenheim Investments
Fund manager & tenureMichael Byrum / 4 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment$2,000,000.00


Fixed income3.36%
U.S. stock0.27%
International stock0.00%
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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