Elfun Trusts (ELFNX - Free Report) a Zacks Ranked #1 (Strong Buy) was incepted in May 1935 and is managed by GE Asset Management. The objective of ELFNX is to seek long-term growth of capital and future income rather than current income. ELFNX invests primarily in equity securities of U.S. companies. Dividends are declared and paid annually. Short-term and long-term capital gains, if any, are declared and paid annually.
This Large Blend fund, as of the last filing, allocates their fund in two major groups; Large Value and Large Growth. Further, as of the last filing, CME Group Inc, Actavis plc and Schlumberger Limited were the top holdings for ELFNX.
The Elfun Trusts, managed by GE Investment , carries an expense ratio of 0.18. Moreover, ELFNX requires a minimal initial investment of $500.
ELFNX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 17.83%, 3 year 17.82%, and 5 year 15.39%. To see how this fund performed compared in its category, please click here.
ELFNX’s performance, as of the last filing, when compared to funds in its category was in the top 10% in 1 year, top 11% over the past 3 years, and in the 7% over the past 5 years.
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