NAA Large Cap Value Fund Institutional Class
GILCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 702 King Farm Boulevard Rockville MD United States of America 20850
- IPO Date
- Apr 25, 2013
- CIK
- 0000088525
- Website
- naainvestments.com
- Similar Companies
- Business
- Guggenheim Large Cap Value Fund Class Institutional (GILCX), now known as NAA Large Cap Value Institutional and managed by New Age Alpha Advisors LLC, is an actively managed open-end mutual fund that seeks long-term capital growth, with income as a secondary objective, by investing primarily in a diversified portfolio of undervalued large-capitalization U.S. equity securities; these include common stocks, real estate investment trusts (REITs), options, warrants and convertible debt securities of U.S. and U.S. dollar-denominated companies exhibiting above-average growth potential and trading at discounts to their intrinsic value. The fund maintains at least 80% of its net assets plus borrowings for investment purposes in such large-cap value securities, employing a systematic, rules-based quantitative process to identify mispriced stocks while minimizing behavioral biases through proprietary probabilistic models and risk indicators focused on avoiding underperformers rather than chasing outperformers. With total assets under management of approximately $67.7 million, an adjusted expense ratio of 0.87%, a portfolio turnover rate of 19% and a minimum initial investment of $2 million for institutional shares, it targets sophisticated institutional investors and serves the large value segment of the U.S. equity market. Headquartered in Rye, New York, the fund traces its inception to June 7, 2013, as a series originally within Guggenheim Funds Trust before transitioning under New Age Alpha Advisors LLC following a major strategic reorganization. In a significant development completed in late October 2024, New Age Alpha acquired Guggenheim Investments' actively managed equity funds business, including GILCX and 20 other funds with aggregate assets of about $2.6 billion; this transaction involved the reorganization and merger of Guggenheim RBP Large-Cap Value Fund and related series into New Age Alpha's platform, enabling the application of the acquirer's actuarial science-driven, data analytics and technology-based investment methodology to enhance portfolio construction and risk control across global large-cap equities. This acquisition marked Guggenheim Investments' strategic shift away from certain equity strategies to focus on fixed income, alternatives and insurance-linked assets, while positioning New Age Alpha to expand its quantitative equity offerings for institutional clients without introducing new products or partnerships at the time of closing. The fund operates domestically with a focus on U.S. large-cap markets, reporting a 30-day TTM yield of 1.60% and top 10 holdings comprising 24.5% of assets as of early 2025.