NAA Large Core Fund Class A
SECEX
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
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in mil. unless spec.Quarterly Dividends Per Share
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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
- Jan 2, 1980
- CIK
- 0000088525
- Similar Companies
- Business
- Guggenheim StylePlus - Large Core Fund (SECEX) is an open-end mutual fund that seeks to exceed the total return of the S&P 500 Index by investing, under normal market conditions, at least 80% of its net assets in equity securities issued by large-capitalization companies within the market capitalization range of the index, investment vehicles providing exposure to such companies, and equity derivatives; it also invests in fixed income securities, cash equivalents, and derivatives including options, futures, swaps, and forward contracts to collateralize positions, hedge risks, and enhance returns. Core holdings encompass common stocks, rights, warrants, American Depositary Receipts, corporate bonds, syndicated bank loans, asset-backed securities, U.S. government securities, mezzanine and preferred securities, commercial paper, zero-coupon bonds, Rule 144A and Regulation S securities, step-up bonds, and convertible securities selected through quantitative analysis, credit research, and proprietary strategies focused on growth and value indices within the large blend category. The fund targets institutional and retail investors seeking large blend equity exposure with above-average risk and serves the U.S. market primarily through Class A shares (front-load) with a minimum investment of $2,500, an expense ratio of approximately 1.25%-1.59%, and a portfolio turnover of 56%; it is part of Guggenheim Funds Trust, managed previously by Guggenheim Investments (Security Investors, LLC). Founded in 1962 and historically headquartered with Guggenheim Partners in New York, the fund underwent a major strategic reorganization in late 2024, when Guggenheim Investments sold its actively managed equity funds business, including SECEX with approximately $230-$260 million in assets, to New Age Alpha Advisors LLC following shareholder approval on October 24, 2024, and closing around October 25, 2024; this transaction preserved the ticker symbol SECEX and CUSIP for continuity while transitioning management to New Age Alpha, which now oversees the fund under its proprietary methodology blending actuarial science, data analytics, and technology as the New Age Alpha Large Core Fund.