SECEX: Guggenheim StylePlus - Large Core A

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SECEX Guggenheim StylePlus - Large Core A

  • Fund
  • SECEX
  • Price as of: Jan 17, 2020
  • $22.63
    + $0.08 + 0.36%

Profile

SECEX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return 13.8%
  • 5 Yr Annualized Return 10.9%
  • Net Assets $215 M
  • Holdings in Top 10 79.0%

52 WEEK LOW AND HIGH

$22.63
$18.08
$22.63

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 51.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return 11.9%
  • 5 Yr Annualized Total Return 9.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Guggenheim StylePlus - Large Core Fund Class A
  • Fund Family Name
    Guggenheim Investments
  • Inception Date
    Sep 10, 1962
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jayson Flowers

Fund Description

The fund seeks to exceed the total return of the S&P 500 Index. It pursues its objective by investing, under normal circumstances, at least 80% of its assets in: (i) equity securities issued by companies that have market capitalizations within the range of companies in the index; (ii) investment vehicles that provide exposure to companies that have market capitalizations within the range of companies in the index; and (iii) equity derivatives.


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Categories

Performance

SECEX - Performance

Return Ranking - Trailing

Period SECEX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -6.5% 5.0% 35.90%
1 Yr 29.6% -26.1% 30.1% 6.45%
3 Yr 13.8%* -18.4% 13.8% 4.00%
5 Yr 10.9%* -12.1% 11.0% 8.33%
10 Yr 11.9%* -1.7% 12.8% 10.53%

* Annualized

Return Ranking - Calendar

Period SECEX Return Category Return Low Category Return High Rank in Category (%)
2019 27.6% -22.7% 39.5% 12.90%
2018 -24.2% -48.9% 1.4% 53.57%
2017 2.7% -6.7% 24.8% 60.00%
2016 10.0% -9.5% 17.8% 16.00%
2015 -10.1% -18.8% 1.4% 41.67%

Total Return Ranking - Trailing

Period SECEX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -6.5% 5.0% 35.90%
1 Yr 23.5% -26.1% 30.1% 16.13%
3 Yr 11.9%* -18.4% 13.9% 16.00%
5 Yr 9.9%* -12.1% 12.0% 20.83%
10 Yr 11.4%* 0.4% 16.0% 26.32%

* Annualized

Total Return Ranking - Calendar

Period SECEX Return Category Return Low Category Return High Rank in Category (%)
2019 27.6% -21.6% 39.5% 12.90%
2018 -24.2% -48.9% 1.4% 67.86%
2017 2.7% -3.9% 24.8% 84.00%
2016 10.0% -9.5% 26.8% 32.00%
2015 -10.1% -15.9% 1.4% 70.83%

NAV & Total Return History


Holdings

SECEX - Holdings

Concentration Analysis

SECEX Category Low Category High SECEX % Rank
Net Assets 215 M 100 11.2 B 45.24%
Number of Holdings 124 17 350 25.00%
Net Assets in Top 10 159 M 5.95 M 388 M 50.00%
Weighting of Top 10 79.02% 14.6% 200.3% 14.29%

Top 10 Holdings

  1. Guggenheim Strategy III 33.82%
  2. Guggenheim Strategy II 30.17%
  3. Guggenheim Ultra Short Duration Instl 11.12%
  4. Apple Inc 0.91%
  5. Microsoft Corp 0.73%
  6. Alphabet Inc Class C 0.59%
  7. Exxon Mobil Corp 0.46%
  8. Amazon.com Inc 0.42%
  9. Chevron Corp 0.40%
  10. Verizon Communications Inc 0.40%

Asset Allocation

Weighting Return Low Return High SECEX % Rank
Bonds
30.86% 0.00% 65.68% 14.29%
Other
30.25% 0.00% 30.25% 7.14%
Stocks
20.82% 7.31% 99.91% 89.29%
Cash
17.89% 0.00% 26.68% 10.71%
Convertible Bonds
0.19% 0.00% 22.88% 32.14%
Preferred Stocks
0.00% 0.00% 22.85% 67.86%

Stock Sector Breakdown

Weighting Return Low Return High SECEX % Rank
Technology
20.55% 0.00% 31.48% 17.86%
Healthcare
18.28% 0.00% 18.28% 7.14%
Industrials
14.85% 5.44% 27.13% 53.57%
Consumer Cyclical
12.09% 4.58% 29.47% 32.14%
Energy
11.42% 0.00% 11.42% 7.14%
Consumer Defense
10.96% 0.00% 39.26% 57.14%
Financial Services
7.05% 0.00% 46.55% 71.43%
Communication Services
4.82% 0.00% 15.57% 64.29%
Utilities
0.00% 0.00% 13.04% 64.29%
Real Estate
0.00% 0.00% 9.80% 82.14%
Basic Materials
0.00% 0.00% 6.24% 71.43%

Stock Geographic Breakdown

Weighting Return Low Return High SECEX % Rank
US
20.69% -19.25% 76.66% 85.71%
Non US
0.13% 0.00% 112.38% 82.14%

Bond Sector Breakdown

Weighting Return Low Return High SECEX % Rank
Securitized
32.72% 0.00% 38.48% 10.71%
Cash & Equivalents
28.76% 1.00% 100.00% 42.86%
Corporate
26.08% 0.00% 99.00% 67.86%
Government
12.29% 0.00% 76.95% 14.29%
Derivative
0.08% 0.00% 2.86% 17.86%
Municipal
0.08% 0.00% 2.31% 10.71%

Bond Geographic Breakdown

Weighting Return Low Return High SECEX % Rank
US
23.32% 0.00% 59.88% 14.29%
Non US
7.54% 0.00% 7.54% 7.14%

Expenses

SECEX - Expenses

Operational Fees

SECEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.35% 5.40% 62.50%
Management Fee 0.75% 0.20% 1.00% 62.79%
12b-1 Fee 0.25% 0.00% 1.00% 33.33%
Administrative Fee N/A 0.01% 0.95% 14.29%

Sales Fees

SECEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 4.75% 5.75% 100.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SECEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

SECEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 1.00% 403.00% 48.28%

Distributions

SECEX - Distributions

Dividend Yield Analysis

SECEX Category Low Category High SECEX % Rank
Dividend Yield 0.00% 0.00% 19.26% 60.47%

Dividend Distribution Analysis

SECEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

SECEX Category Low Category High SECEX % Rank
Net Income Ratio 1.48% -0.24% 2.39% 46.88%

Capital Gain Distribution Analysis

SECEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SECEX - Fund Manager Analysis

Managers

Jayson Flowers


Start Date

Tenure

Tenure Rank

Apr 18, 2013

6.71

6.7%

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.

Farhan Sharaff


Start Date

Tenure

Tenure Rank

Apr 18, 2013

6.71

6.7%

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.

Qi Yan


Start Date

Tenure

Tenure Rank

Apr 30, 2016

3.67

3.7%

Qi Yan, Managing Director and Portfolio Manager in equity and equity derivative strategies of Guggenheim Partners. Mr. Yan joined Guggenheim Partners in 2005. In addition to his portfolio management responsibilities, Mr. Yan works closely with institutional clients in developing and implementing customized risk management solutions. Mr. Yan earned his M.S. in Statistics from Yale University, and his B.S. in Mathematics from Cambridge University.

Adam Bloch


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.16

1.2%

Mr. Bloch is a Director and Portfolio Manager of Guggenheim. Mr. Bloch joined Guggenheim in 2012. He works directly with sector traders, research heads, and risk managers and is responsible for buy and sell recommendations, day-to-day risk monitoring, and various special projects for Guggenheim Total Return mandates. In addition to his fixed-income responsibilities, Mr. Bloch helps with implementation of various macro overlays on certain portfolios. Prior to joining Guggenheim Investments, he worked in Leveraged Finance at Bank of America Merrill Lynch in New York where he structured high yield bonds and leveraged loans for leveraged buyouts, restructurings, and corporate refinancing across multiple industries. Mr. Bloch graduated from the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 28.01 5.26 0.08