ELFUN DIVERSIFIED FUND
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.8%
1 yr return
12.6%
3 Yr Avg Return
3.5%
5 Yr Avg Return
7.2%
Net Assets
$177 M
Holdings in Top 10
45.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.36%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ELDFX - Profile
Distributions
- YTD Total Return 11.8%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.53%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameELFUN DIVERSIFIED FUND
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateJan 01, 1988
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLeo Law
Fund Description
ELDFX - Performance
Return Ranking - Trailing
Period | ELDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.8% | -2.2% | 74.1% | 36.12% |
1 Yr | 12.6% | -1.8% | 70.3% | 35.10% |
3 Yr | 3.5%* | -4.7% | 21.9% | 34.38% |
5 Yr | 7.2%* | -3.9% | 21.6% | 33.82% |
10 Yr | 6.3%* | 0.8% | 13.8% | 22.66% |
* Annualized
Return Ranking - Calendar
Period | ELDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.2% | -12.2% | 23.9% | 20.35% |
2022 | -21.5% | -34.7% | 2.8% | 81.56% |
2021 | 3.4% | -11.9% | 18.1% | 62.29% |
2020 | 7.3% | -20.9% | 39.7% | 52.10% |
2019 | 14.8% | 0.8% | 25.7% | 40.33% |
Total Return Ranking - Trailing
Period | ELDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.8% | -2.2% | 74.1% | 36.12% |
1 Yr | 12.6% | -1.8% | 70.3% | 35.10% |
3 Yr | 3.5%* | -4.7% | 21.9% | 34.38% |
5 Yr | 7.2%* | -3.9% | 21.6% | 33.82% |
10 Yr | 6.3%* | 0.8% | 13.8% | 22.66% |
* Annualized
Total Return Ranking - Calendar
Period | ELDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.1% | -12.2% | 26.8% | 22.12% |
2022 | -15.3% | -29.0% | 10.9% | 57.12% |
2021 | 11.6% | -3.0% | 27.3% | 66.92% |
2020 | 15.2% | -19.5% | 40.6% | 27.51% |
2019 | 19.6% | 2.2% | 32.7% | 49.50% |
NAV & Total Return History
ELDFX - Holdings
Concentration Analysis
ELDFX | Category Low | Category High | ELDFX % Rank | |
---|---|---|---|---|
Net Assets | 177 M | 861 K | 235 B | 78.04% |
Number of Holdings | 1638 | 2 | 16143 | 6.64% |
Net Assets in Top 10 | 84.1 M | 859 K | 66.9 B | 79.50% |
Weighting of Top 10 | 45.38% | 10.8% | 122.7% | 54.28% |
Top 10 Holdings
- State Street Global All Cap Equity ex-U.S. Index Portfolio 23.21%
- Apple Inc 3.04%
- State Street Institutional US Government Money Market Fund 2.84%
- State Street Institutional Treasury Money Market Fund 2.80%
- Microsoft Corp 2.74%
- NVIDIA Corp 2.56%
- Dreyfus Treasury Agency Cash Management Institutional Shares 2.32%
- State Street Institutional Treasury Plus Money Market Fund 2.32%
- U.S. Treasury Notes 2.06%
- Amazon.com Inc 1.49%
Asset Allocation
Weighting | Return Low | Return High | ELDFX % Rank | |
---|---|---|---|---|
Stocks | 65.00% | 0.00% | 100.10% | 59.14% |
Bonds | 29.02% | 0.00% | 77.71% | 37.02% |
Cash | 10.48% | -7.92% | 100.00% | 5.75% |
Preferred Stocks | 0.00% | 0.00% | 24.59% | 74.63% |
Convertible Bonds | 0.00% | 0.00% | 23.84% | 95.99% |
Other | -0.02% | -42.55% | 113.97% | 92.63% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ELDFX % Rank | |
---|---|---|---|---|
Technology | 19.99% | 0.00% | 44.21% | 45.31% |
Financial Services | 15.27% | 0.00% | 38.77% | 43.22% |
Healthcare | 12.54% | 0.00% | 29.35% | 74.81% |
Consumer Cyclical | 10.95% | 0.00% | 19.36% | 31.30% |
Industrials | 10.03% | 0.00% | 24.37% | 51.56% |
Communication Services | 7.83% | 0.00% | 38.10% | 35.92% |
Consumer Defense | 7.67% | 0.00% | 15.14% | 27.72% |
Basic Materials | 4.85% | 0.00% | 25.57% | 25.48% |
Energy | 4.65% | 0.00% | 85.65% | 53.20% |
Real Estate | 3.18% | 0.00% | 65.01% | 56.18% |
Utilities | 3.04% | 0.00% | 99.55% | 43.37% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ELDFX % Rank | |
---|---|---|---|---|
US | 65.00% | 0.00% | 100.10% | 53.83% |
Non US | 0.00% | 0.00% | 42.80% | 74.78% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ELDFX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 10.48% | 0.00% | 99.92% | 5.75% |
Corporate | 6.43% | 0.00% | 98.21% | 94.80% |
Securitized | 0.00% | 0.00% | 92.13% | 95.39% |
Municipal | 0.00% | 0.00% | 24.80% | 86.03% |
Government | 0.00% | 0.00% | 97.26% | 96.88% |
Derivative | -0.02% | -4.58% | 41.29% | 89.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ELDFX % Rank | |
---|---|---|---|---|
US | 29.02% | 0.00% | 77.71% | 35.55% |
Non US | 0.00% | 0.00% | 15.37% | 70.65% |
ELDFX - Expenses
Operational Fees
ELDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.36% | 0.03% | 27.98% | 95.01% |
Management Fee | 0.17% | 0.00% | 1.83% | 35.43% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
ELDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
ELDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
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.
ELDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 0.83% | 343.00% | 51.89% |
ELDFX - Distributions
Dividend Yield Analysis
ELDFX | Category Low | Category High | ELDFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.92% | 0.00% | 17.90% | 38.80% |
Dividend Distribution Analysis
ELDFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Monthly |
Net Income Ratio Analysis
ELDFX | Category Low | Category High | ELDFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.53% | -2.34% | 13.92% | 29.28% |
Capital Gain Distribution Analysis
ELDFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
ELDFX - Fund Manager Analysis
Managers
Leo Law
Start Date
Tenure
Tenure Rank
Oct 21, 2019
2.61
2.6%
Leo Law, CFA, is an Assistant Vice President of SSGA and the Adviser and a Portfolio Manager in the Investment Solutions Group (ISG). He is responsible for the portfolio management of several investment strategies, including strategic and tactical global asset allocation. He is also actively involved in the business development of SSGA's model portfolio and defined contribution research. Prior to joining SSGA in 2016, Mr. Law worked as a portfolio analyst at Manulife Asset Management and a derivative analyst at Sun Life Financial, conducting industry wide fundamental research and implementing derivatives strategy to manage variable annuity products. Mr. Law holds a Bachelor of Science degree in Finance with a minor in Mathematics from Boston College. He earned the Chartered Financial Analyst (CFA) and Financial Risk Manager designations. He is a member the CFA Institute and CFA Society Boston, Inc.
Seamus Quinn
Start Date
Tenure
Tenure Rank
Oct 21, 2019
2.61
2.6%
Seamus Quinn, CFA, CAIA, is a Principal of SSGA and the Adviser and a Portfolio Manager in the Investment Solutions Group (ISG). He is responsible for the development and investment management of a variety of customized multi-asset class portfolios, including strategic, tactical, and exposure management strategies. Mr. Quinn joined SSGA in 2012 and has been part of ISG since 2017. Prior to joining ISG, Mr. Quinn was a portfolio analyst in the Fixed Income Operations team. Prior to his role at SSGA, Mr. Quinn worked at State Street Corporation as a fund accountant. Mr. Quinn holds a Bachelor of Science degree in Finance from the University of Massachusetts. He has earned the Chartered Financial Analyst (CFA) and the Chartered Alternative Investment Analyst (CAIA) designations and is a member of the CFA Institute, CFA Society Boston, Inc., and the CAIA Association.
Michael Martel
Start Date
Tenure
Tenure Rank
Oct 21, 2019
2.61
2.6%
Mike is a Managing Director of State Street Global Advisors and the Head of Portfolio Management in the Americas for SSGA's Investment Solutions Group (ISG). In this role, he is responsible for the design and management of multi-asset class strategies geared towards meeting the investment objectives of a broad and diverse client base. His work with clients includes aligning assets with long and short-term investment objectives, tactical asset allocation, and employing overlay strategies to enhance return and better manage risks. Prior to this role, Mike led ISG's Exposure Management Team. He has been working in the investment management field since 1992. Mike holds a Bachelor of Arts degree in Economics from the College of the Holy Cross and Master degrees in both Finance and Business Administration from the Carroll School of Management at Boston College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.39 | 2.41 |