Guggenheim StylePlus - Mid Growth Fund
SEUPX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Guggenheim StylePlus - Mid Growth Fund (SEUPX) is an actively managed open-end mutual fund that seeks long-term capital appreciation by investing primarily in mid-cap growth stocks of U.S. companies; it employs a disciplined StylePlus strategy emphasizing growth characteristics such as high growth rates for earnings, sales, book value, and cash flow, with higher valuations, alongside selective use of derivatives including total return swaps, futures contracts, and investments in other mutual funds and money market instruments; the fund targets domestic stocks across sectors like financials, technology, industrials, health care, consumer discretionary, materials, real estate, energy, consumer staples, communication services, and utilities, with a market capitalization breakdown focusing on medium cap (approximately 48%) and small cap (approximately 48%) companies, complemented by minor large cap and micro cap exposure. Available in multiple share classes including P (SEUPX), A (SECUX), C (SUFCX), and Institutional (GIUIX), the fund caters to retail and institutional investors seeking mid-cap growth exposure with a benchmark comparison to the Russell 2000 Total Return Index. In a major strategic shift completed on or about October 25, 2024, following shareholder approval at a special meeting on October 24, 2024, the fund reorganized into the corresponding New Age Alpha Mid Growth Fund, retaining the same ticker symbols (SEUPX for P class) and CUSIPs where applicable (SEUPX: 64157H760), as part of New Age Alpha's acquisition of Guggenheim Investments' actively managed equity funds business encompassing 21 mutual and variable insurance funds with approximately $2.5 billion in assets under management; this transaction, initially announced on June 5, 2024, and closed in Q4 2024, transitioned management to New Age Alpha Advisors, LLC, an investment firm applying proprietary methodology rooted in actuarial science, data analytics, and technology, while Guggenheim refocused on fixed income, alternatives, and other core strategies. Originally managed under Guggenheim Funds Trust and part of Guggenheim Investments, the asset management arm of Guggenheim Partners headquartered in New York with over $320 billion in assets under supervision as of mid-2024, the fund now operates under New Age Alpha's platform serving U.S. investors primarily; geographic operations remain centered in the United States with minimal non-U.S. stock exposure (under 3%).