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SFGCX Guggenheim World Equity Income C

  • Fund
  • SFGCX
  • Price as of: Oct 22, 2018
  • $12.75
  • - $0.03
  • - 0.24%
  • Category
  • Global Equities

SFGCX - Profile

Vitals

  • YTD Return -3.4%
  • 3 Yr Annualized Return 10.2%
  • 5 Yr Annualized Return 6.4%
  • Net Assets $91.5 M
  • Holdings in Top 10 13.9%

52 WEEK LOW AND HIGH

$12.75
$12.69
$14.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.19%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 94.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Global Equities
  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return -3.4%
  • 3 Yr Annualized Total Return 10.2%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.53%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Guggenheim World Equity Income Fund
  • Fund Family Name Guggenheim Investments
  • Inception Date Jan 29, 1999
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Scott Hammond

Fund Description

The fund will invest at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in equity securities. The advisor intends to invest in higher dividend-yielding equity securities. It is not limited in the percentage of assets it may invest in securities listed, traded or dealt in any one country, region or geographic area and it may invest in a number of countries throughout the world, including emerging markets. The fund may invest in a variety of investment vehicles.

SFGCX - Performance

Return Ranking - Trailing

Period SFGCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -3.4% -53.1% 25.1% 46.79% 3
1 Yr 7.3% -56.3% 37.9% 50.53% 3
3 Yr 10.2% * -6.3% 29.8% 59.46% 3
5 Yr 6.4% * -4.8% 22.6% 68.68% 4
10 Yr 5.2% * -1.1% 20.5% 83.33% 5

* Annualized


Return Ranking - Calendar

Period SFGCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 12.1% -39.6% 49.8% 66.60% 4
2016 6.9% -73.5% 33.8% 15.38% 1
2015 -3.1% -27.7% 27.0% 35.34% 3
2014 1.6% -40.2% 39.8% 28.28% 2
2013 17.9% -33.0% 52.0% 62.23% 4

Total Return Ranking - Trailing

Period SFGCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -3.4% -100.0% 25.1% 46.45% 3
1 Yr 6.3% -38.6% 185.9% 49.71% 3
3 Yr 10.2% * -6.3% 35.8% 56.77% 3
5 Yr 6.4% * -5.2% 22.6% 66.47% 4
10 Yr 5.2% * -1.2% 20.5% 82.82% 5

* Annualized


Total Return Ranking - Calendar

Period SFGCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 12.1% -26.4% 49.8% 66.70% 4
2016 8.6% -73.5% 33.8% 13.30% 1
2015 -1.7% -25.3% 47.6% 52.91% 3
2014 4.1% -13.6% 50.0% 40.52% 3
2013 19.8% -23.9% 170.1% 82.64% 5

NAV & Total Return History

SFGCX - Holdings

Filings data as of: Aug 31, 2018

Concentration Analysis

SFGCX Category Low Category High SFGCX % Rank Quintile
Net Assets 91.5 M 9.87 K 99 B 22.68% 4
Number of Holdings 179 1 8114 6.05% 1
Net Assets in Top 10 12.8 M -876 K 17.5 B 26.28% 4
Weighting of Top 10 13.9% 0.0% 333.6% 30.43% 5

Top 10 Holdings

  1. Pfizer Inc 1.31%
  2. Johnson & Johnson 1.51%
  3. Apple Inc 2.02%
  4. Texas Instruments Inc 1.13%
  5. Mastercard Inc A 1.30%
  6. The Home Depot Inc 1.45%
  7. Microsoft Corp 1.21%
  8. UnitedHealth Group Inc 1.28%
  9. Exxon Mobil Corp 1.55%
  10. Amazon.com Inc 1.09%

Asset Allocation

Weighting Category Low Category High SFGCX % Rank Quintile
Stocks
98.46% 0.00% 132.91% 6.62% 2
Cash
1.26% -35.60% 102.01% 20.32% 4
Other
0.28% -4.28% 40.46% 12.57% 2
Preferred Stocks
0.00% 0.00% 4.33% 5.95% 2
Convertible Bonds
0.00% 0.00% 29.43% 2.17% 2
Bonds
0.00% -0.50% 97.63% 7.37% 2

Stock Sector Breakdown

Weighting Category Low Category High SFGCX % Rank Quintile
Financial Services
17.00% 0.00% 47.04% 12.68% 2
Industrials
14.18% 0.00% 88.00% 8.42% 2
Technology
12.43% 0.00% 81.45% 21.85% 4
Consumer Cyclical
12.12% 0.00% 55.30% 15.23% 3
Healthcare
10.47% 0.00% 48.64% 15.89% 3
Energy
9.07% 0.00% 49.58% 5.11% 1
Real Estate
7.32% -0.56% 84.93% 2.55% 1
Utilities
6.59% -0.45% 90.32% 3.78% 1
Consumer Defense
4.86% -1.09% 44.27% 22.52% 4
Communication Services
3.39% -1.23% 76.65% 11.92% 2
Basic Materials
1.03% 0.00% 30.12% 24.50% 4

Stock Geographic Breakdown

Weighting Category Low Category High SFGCX % Rank Quintile
US
60.05% 0.00% 126.77% 6.14% 1
Non US
38.41% 0.00% 100.00% 24.29% 4

SFGCX - Expenses

Operational Fees

SFGCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.19% 0.01% 323.68% 13.80% 4
Management Fee 0.70% 0.00% 1.96% 3.97% 2
12b-1 Fee 1.00% 0.00% 1.00% 0.14% 4
Administrative Fee 0.15% 0.01% 0.45% 1.82% 4

Sales Fees

SFGCX Fees (% of AUM) Category Low Category High SFGCX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 2.23% 1

Trading Fees

SFGCX Fees (% of AUM) Category Low Category High SFGCX Rank Quintile
Max Redemption Fee N/A 0.08% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SFGCX Fees (% of AUM) Category Low Category High SFGCX Rank Quintile
Turnover 94.00% 0.00% 2270.00% 5.60% 5

SFGCX - Distributions

Dividend Yield Analysis

SFGCX Category Low Category High SFGCX % Rank Quintile
Dividend Yield 0.1% 0.00% 3.94% 58.36% 4

Dividend Distribution Analysis

SFGCX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

SFGCX Category Low Category High SFGCX % Rank Quintile
Net Income Ratio 1.53% -23.00% 7.02% 14.37% 2

Capital Gain Distribution Analysis

SFGCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

SFGCX - Managers

Scott Hammond

Manager

Start Date

Aug 15, 2013

Tenure

5.13

Tenure Rank

7.2%

Mr. Hammond is a Managing Director of Guggenheim’s Equities Strategies and a Portfolio Manager for Guggenheim’s Value, Minimum Volatility and Transparent Value strategies. He joined the firm in 2009 as a dedicated resource for Transparent Value. Since that time Mr. Hammond’s role at Guggenheim has expanded to include broader support of the Guggenheim Equities business. Prior to joining Guggenheim, Mr. Hammond was Head of ETF Portfolio Management at Northern Trust where he was responsible for a diverse portfolio of international ETF funds. Additionally, he served as a Portfolio Manager at Barclays Global Investors with responsibilities for the management of $90 billion in institutional assets. Mr. Hammond received a B.A. in Economics from the University of New Hampshire and an MBA from Purdue University’s Krannert Graduate School of Management.


Farhan Sharaff

Manager

Start Date

Aug 15, 2013

Tenure

5.13

Tenure Rank

7.2%

Mr. Sharaff joined Guggenheim in May 2009 and is a Senior Managing Director and the Assistant Chief Investment Officer, Equities. Mr. Sharaff has more than 30 years of experience in investment research and investment management. Prior to joining Guggenheim, he was a Partner and Chief Investment Officer at MJX Capital Advisors, a wealth management firm focused on providing advice and investment management for its clients. Prior to that, Mr. Sharaff served as the global chief investment officer at CIGNA Corporation, Zurich Scudder Investments and Citigroup. In all of these engagements, Mr. Sharaff was responsible for research, investment management, product development and investment risk management. He was also a member of the business management teams at Citigroup and Zurich Scudder. Mr. Sharaff has a B.S. in Electrical Engineering from the University of Aston (U.K.) and an MBA from the Manchester Business School (U.K.). Mr. Sharaff sits on the board of Guggenheim Global Investment plc.


Jayson B. Flowers

Manager

Start Date

Jan 30, 2017

Tenure

1.67

Tenure Rank

11.0%

Mr. Flowers joined Guggenheim Partners in 1998 and serves as the Head of Guggenheim’s Equity and Derivative Strategies where he manages the portfolios, risk, and trading across the Equity, Derivatives, Managed Futures, and Commodity Strategies. His investment experience ranges in expertise from Managing Portfolios and Risk on Structured Product Investments, Global Equity Arbitrage, Alternatives, and Asset Backed Strategies, to Trading U.S. Government Agencies, Foreign Sovereign Debt, Commodities, Managed Futures, Currencies, and Derivatives. Prior to Guggenheim, Mr. Flowers was a founding partner of Adventure Capital, a Venture Capital and Merchant Banking company. Previously Mr. Flowers was at Credit Suisse First Boston, Dominick & Dominick Inc., and Coopers & Lybrand. Mr. Flowers holds a B.A. in Economics from Union College.


Evan Einstein

Manager

Start Date

Jan 30, 2017

Tenure

1.67

Tenure Rank

11.0%

Evan Einstein, Vice President and Portfolio Manager of Security Investors. Mr. Einstein joined Guggenheim in 2010 as a valued member of the Global Alpha Equity team. He is responsible for portfolio optimization and development as well as maintaining the systems. He has previously worked for Oppenheimer Institutional’s small-cap value portfolio management desk as well as for State Street Global Advisors global equity trading analytics. Prior to this, Mr. Einstein was CTO and founding partner at Elkweb Information Systems, an internet technology and information firm. He has received his B.S. degree in Electrical Engineering from Syracuse University and an MBA from Babson College.


Tenure Analysis

Category Low

0.0

Category High

36.1

Category Average

6.23

Category Mode

3.8