Guggenheim Alpha Opportunity Fund Quote
| SAOAX Fund | USD 22.06 0.25 1.12% |
Performance2 of 100
| Odds Of DistressLess than 23
|
Guggenheim Alpha is trading at 22.06 as of the 3rd of December 2024; that is 1.12% down since the beginning of the trading day. The fund's open price was 22.31. Guggenheim Alpha has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Guggenheim Alpha Opportunity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of September 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Under normal market conditions, the fund pursues its objective by investing in long and short positions of domestic equity and equity-related securities. The fund will ordinarily hold simultaneous long and short positions in equity securities or securities markets that provide exposure up to a level equal to 150 percent of the funds net assets for both the long and short positions.. More on Guggenheim Alpha Opportunity
Moving together with Guggenheim Mutual Fund
Guggenheim Mutual Fund Highlights
| Fund Concentration | Guggenheim Investments Funds, Large Funds, Long-Short Equity Funds, Long-Short Equity, Guggenheim Investments, Large, Long-Short Equity (View all Sectors) |
| Update Date | 30th of September 2024 |
Guggenheim Alpha Opportunity [SAOAX] is traded in USA and was established 3rd of December 2024. Guggenheim Alpha is listed under Guggenheim Investments category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of Guggenheim Investments family. This fund at this time has accumulated 197.94 M in assets with no minimum investment requirementsGuggenheim Alpha Opp is currently producing year-to-date (YTD) return of 17.12% with the current yeild of 0.01%, while the total return for the last 3 years was 6.48%.
Check Guggenheim Alpha Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Guggenheim Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guggenheim Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Guggenheim Alpha Opportunity Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Guggenheim Alpha Opportunity Mutual Fund Constituents
| OMC | Omnicom Group | Stock | Communication Services | |
| SXT | Sensient Technologies | Stock | Materials | |
| GD | General Dynamics | Stock | Industrials | |
| WBA | Walgreens Boots Alliance | Stock | Consumer Staples | |
| PNW | Pinnacle West Capital | Stock | Utilities | |
| FLR | Fluor | Stock | Industrials | |
| MPW | Medical Properties Trust | Stock | Real Estate | |
| XOM | Exxon Mobil Corp | Stock | Energy |
Guggenheim Alpha Opp Risk Profiles
| Mean Deviation | 0.4811 | |||
| Semi Deviation | 0.5675 | |||
| Standard Deviation | 0.6187 | |||
| Variance | 0.3828 |
Guggenheim Alpha Against Markets
Other Information on Investing in Guggenheim Mutual Fund
Guggenheim Alpha financial ratios help investors to determine whether Guggenheim Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Guggenheim with respect to the benefits of owning Guggenheim Alpha security.
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