SECIX: Guggenheim Large Cap Value A

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SECIX Guggenheim Large Cap Value A


Profile

SECIX - Profile

Vitals

  • YTD Return -20.1%
  • 3 Yr Annualized Return -7.6%
  • 5 Yr Annualized Return -4.4%
  • Net Assets $33.8 M
  • Holdings in Top 10 25.6%

52 WEEK LOW AND HIGH

$35.26
$27.36
$47.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -20.1%
  • 3 Yr Annualized Total Return -7.6%
  • 5 Yr Annualized Total Return -4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Guggenheim Large Cap Value Fund
  • Fund Family Name
    Guggenheim Investments
  • Inception Date
    Aug 07, 1944
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Farhan Sharaff

Fund Description

The fund pursues its objective by investing, under normal circumstances, at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in equity securities, which include common stocks, rights, options, warrants, convertible debt securities of both U.S. and U.S. dollar-denominated foreign issuers, and American Depositary Receipts ("ADRs"), of companies that, when purchased, have market capitalizations that are usually within the range of companies in the Russell 1000® Value Index.


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Categories

Performance

SECIX - Performance

Return Ranking - Trailing

Period SECIX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -51.5% 4.9% 60.04%
1 Yr -16.8% -48.2% 21.3% 68.55%
3 Yr -7.6%* -25.5% 12.8% 60.00%
5 Yr -4.4%* -23.9% 9.5% 53.11%
10 Yr N/A* -14.5% 17.6% 28.76%

* Annualized

Return Ranking - Calendar

Period SECIX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% -32.1% 48.5% 83.33%
2018 -15.4% -62.4% 16.7% 40.06%
2017 6.5% -16.4% 22.0% 62.47%
2016 15.7% -27.9% 31.0% 9.23%
2015 -12.5% -43.1% 1.3% 74.32%

Total Return Ranking - Trailing

Period SECIX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -51.5% 4.9% 60.04%
1 Yr -16.8% -48.2% 21.3% 68.55%
3 Yr -7.6%* -25.1% 12.8% 83.71%
5 Yr -4.4%* -16.3% 9.5% 84.33%
10 Yr N/A* -5.7% 17.6% 57.67%

* Annualized

Total Return Ranking - Calendar

Period SECIX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% -32.1% 48.5% 83.63%
2018 -15.4% -37.1% 17.4% 69.38%
2017 6.5% -9.5% 25.7% 90.75%
2016 15.7% -27.9% 32.2% 26.13%
2015 -12.5% -28.9% 3.9% 91.73%

NAV & Total Return History


Holdings

SECIX - Holdings

Concentration Analysis

SECIX Category Low Category High SECIX % Rank
Net Assets 33.8 M 938 K 77.4 B 88.51%
Number of Holdings 104 1 1138 29.66%
Net Assets in Top 10 14.9 M 68.1 K 18.6 B 86.06%
Weighting of Top 10 25.55% 6.1% 186.4% 68.47%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High SECIX % Rank
Stocks
99.54% 80.21% 141.55% 21.09%
Cash
0.42% -104.41% 15.39% 77.40%
Other
0.04% -2.50% 30.06% 6.03%
Preferred Stocks
0.00% 0.00% 10.14% 67.98%
Convertible Bonds
0.00% -0.02% 7.45% 66.38%
Bonds
0.00% -0.79% 71.79% 66.76%

Stock Sector Breakdown

Weighting Return Low Return High SECIX % Rank
Financial Services
27.33% 0.00% 60.26% 9.68%
Healthcare
15.76% 0.00% 37.21% 59.87%
Technology
11.58% 0.00% 31.17% 38.80%
Energy
8.78% 0.00% 18.54% 12.90%
Utilities
7.58% 0.00% 47.04% 19.07%
Industrials
6.33% 0.00% 43.05% 90.42%
Consumer Defense
5.61% 0.00% 32.31% 82.92%
Communication Services
5.11% 0.00% 20.78% 77.23%
Basic Materials
5.10% 0.00% 16.83% 15.75%
Consumer Cyclical
3.71% 0.00% 28.45% 81.31%
Real Estate
3.11% 0.00% 15.11% 49.91%

Stock Geographic Breakdown

Weighting Return Low Return High SECIX % Rank
US
99.54% 80.02% 139.76% 3.11%
Non US
0.00% 0.00% 18.58% 96.99%

Expenses

SECIX - Expenses

Operational Fees

SECIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.00% 19.26% 30.99%
Management Fee 0.65% 0.00% 1.50% 65.63%
12b-1 Fee 0.25% 0.00% 1.00% 46.17%
Administrative Fee N/A 0.01% 0.50% 31.91%

Sales Fees

SECIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 1.00% 5.75% 86.62%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SECIX 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.

SECIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 0.00% 431.00% 42.11%

Distributions

SECIX - Distributions

Dividend Yield Analysis

SECIX Category Low Category High SECIX % Rank
Dividend Yield 0.00% 0.00% 9.50% 67.14%

Dividend Distribution Analysis

SECIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

SECIX Category Low Category High SECIX % Rank
Net Income Ratio 1.42% -0.36% 4.13% 71.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SECIX - Fund Manager Analysis

Managers

Farhan Sharaff


Start Date

Tenure

Tenure Rank

Aug 31, 2015

4.67

4.7%

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.

Gregg Strohkorb


Start Date

Tenure

Tenure Rank

Aug 31, 2015

4.67

4.7%

Mr. Strohkorb is a director and portfolio manager at Guggenheim Investments. Prior to joining the Firm, Mr. Strohkorb was the Quantitative Equity Analyst and Hedge Fund Portfolio Manager for Petra Hedge Fund Advisors. He served as Quantitative Analyst for Gaines Consulting and was Senior Financial Quantitative Analyst for Denver Investment Advisors. Mr. Strohkorb worked in Saudi Arabia for Saudi ARAMCO as Supervisor of Planning and Financial Systems and was Project Lead for International Banking Interest and Equity Lending at Morgan Stanley. He earned a B.S. in Biological Sciences and an M.S. in Applied Science from The College of William and Mary and an MBA in International Business from the American Graduate School of International Management. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.

James Schier


Start Date

Tenure

Tenure Rank

Aug 31, 2015

4.67

4.7%

James P. Schier, CFA, is a Senior Managing Director and Portfolio Manager at Guggenheim Investments. He joined the predecessor firm, Security Investors LLC, in 1995. Prior to joining the firm, he was a portfolio manager for Mitchell Capital Management from 1993 to 1995. From 1988 to 1993, he served as Vice President and Portfolio Manager for Fourth Financial. Prior to 1988, Mr. Schier served in various positions in the investment field for Stifel Financial, Josephthal & Company and Mercantile Trust Company. Mr. Schier earned a Bachelor of Business degree from the University of Notre Dame and an MBA from Washington University. He earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.

David Toussaint


Start Date

Tenure

Tenure Rank

Jan 30, 2017

3.25

3.3%

Mr. Toussaint is a director of Guggenheim Investments, where he is a portfolio manager and senior equity research analyst covering the energy and utilities sectors. He has over 21 years of investment industry experience. Previously, he was lead portfolio manager for the Firm’s High Yield mutual fund strategy for over 12 years. Mr. Toussaint joined Guggenheim Investments in 2000 as a senior investment analyst and was promoted to portfolio manager later that year. Prior to joining Guggenheim Investments, he was a fixed-income credit research analyst and an investment accounting manager for Allstate Insurance. Mr. Toussaint earned a B.A. in Economics from the University of Illinois, a M.S. in Accounting from DePaul University and an MBA in Finance from the University of Chicago. He is a Certified Public Accountant and has earned the right to use the Chartered Financial Analyst® designation.

Burak Hurmeydan


Start Date

Tenure

Tenure Rank

Nov 02, 2018

1.49

1.5%

Burak Hurmeydan, Ph.D., is a Director and Portfolio Manager of Guggenheim Partners. Dr. Hurmeydan joined Guggenheim in 2011 as an Analyst of Quantitative Strategies. Before joining Guggenheim, he was a Quantitative Risk/Research Analyst with Citadel Asset Management from 2008 to 2009. He earned his B.S. in Economics from Eastern Mediterranean University and an M.S. degree in Economics from Louisiana State University. Dr. Hurmeydan earned a Ph.D. in Economics with a specialization in Financial Econometrics from Louisiana State University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 84.51 7.02 1.23