A stable and experienced team manages Guggenheim SMid Cap Value, but a fluctuating portfolio and unattractive fees limit all share classes to a Morningstar Analyst Rating of Neutral.
Guggenheim SMid Cap Value A SEVAX
NAV / 1-Day Return
40.06
/
0.30
%
Total Assets
468.9 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.240%
Expense Ratio
1.240%
Fee Level
Average
Longest Manager Tenure
24.01
years
Category
Mid-Cap Value
Investment Style
Small ValueMin. Initial Investment
2,500
Status
Open
TTM Yield
0.00%
Turnover
41%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will SEVAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SEVAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SEVAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SEVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Stable leadership.
