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Naa Opportunity Fund Class A: (MF: SAOAX)
(NASDAQ Mutual Funds) As of May 2, 2025 08:00 PM ET
$30.13 USD
+0.07 (0.23%)
Zacks MF Rank
2-Buy of 5 2
Fund Description
The fund is managed by Security Management Company, LLC and was incepted in July 2003. The fund seeks long-term growth of capital. The fund pursues its objective by investing, under normal market conditions, approximately 50% of its total assets according to a long/short strategy managed by the fund's sub-adviser and 50% of its total assets in a portfolio of equity securities, equity derivatives and fixed income securities that is intended to closely track the performance of the S&P 500 Composite Stock Price Index (the 'S&P 500 Index').
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| NAA Opportunity A | SAOAX | 4.75 | NA | 0.00 | 0.25 | 0.90 | 1.73 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Guggenheim Alpha Opportunity A | SAOAX | 30.13 | 7/7/2003 | 1.02 | 2.17 | 7.20 | 7.32 |
| Guggenheim Alpha Opportunity C | SAOCX | 36.03 | 7/7/2003 | 0.00 | 1.43 | 6.38 | 6.51 |
| Guggenheim Alpha Opportunity I | SAOIX | 30.51 | 11/10/2008 | 0.87 | 2.45 | 7.48 | 7.61 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| NAA Opportunity A | SAOAX | 2500 | 100 | 0 | A |
Contact Information
| Family | New Age Alpha |
| Address | 555 Theodore Fremd Avenue, Suite A101 Rye, NY 10580 |
| Phone | 212 922-2698 |