NAA Large Core Fund Class C
SFECX
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
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 111 Huntington Avenue Boston MA United States of America 02199
- IPO Date
- Jan 29, 1999
- CIK
- 0000088525
- Website
- mfs.com
- Similar Companies
- Business
- NAA Large Core Fund Class C (SFECX) is an open-end mutual fund managed by New Age Alpha Advisors LLC that seeks long-term capital growth by investing at least 80% of its assets in large-capitalization equity securities, including common stocks, REITs, options, warrants, and convertible debt securities of U.S. and U.S. dollar-denominated issuers with market capitalizations typically within the range of the S&P 500 Index; the fund also employs equity derivatives based on large-capitalization indices, fixed income securities for collateral and yield enhancement, and other investment vehicles such as closed-end funds and ETFs to outperform the S&P 500 Index's total return. It maintains significant sector allocations, with top holdings including NVIDIA Corp (8.14%), Microsoft Corp (6.67%), Apple Inc (6.22%), Alphabet Inc (3.79%), and Amazon.com Inc (3.52%), representing 28.34% of the portfolio and emphasizing technology (37.48%), financial services (11.68%), consumer cyclical (10.53%), communication services (9.25%), and healthcare (9.07%). The fund primarily targets U.S. large-blend investors, with 98.65% in U.S. stocks, and is available through various share classes including Class A (SECEX), Class I (GILIX), and Class P (SFEPX), featuring a net expense ratio of 2.00%, a 1.00% deferred load, and a minimum initial investment of $2,500. Originally launched on January 29, 1999, as part of Guggenheim Investments' StylePlus-Large Core Fund suite and previously managed by Security Investors LLC (also known as Guggenheim Investments), headquartered in New York with operations in Rockville, Maryland, the fund underwent a major reorganization in 2024. In June 2024, Guggenheim Investments announced a definitive agreement for New Age Alpha Advisors LLC, a Rye, New York-based investment management firm utilizing actuarial science, data analytics, and technology, to acquire Guggenheim's actively managed equity funds business, including SFECX and 20 other funds totaling approximately $2.6 billion in assets. The transaction closed on or about October 25, 2024, following shareholder approval at a special meeting on October 24, 2024, resulting in the fund's rebranding to NAA Large Core Fund Class C; this tax-free reorganization preserved the ticker SFECX and tax ID while transitioning management to New Age Alpha Advisors LLC without changes to principal strategies or portfolio holdings. Post-acquisition, the fund continues to operate under the large-blend category, domiciled in the United States and available to U.S. investors through financial intermediaries.