Elfun Trusts Fund (ELFNX - Free Report) a Zacks Rank #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.
This Large Blend product, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Small Growth. Further, as of the last filing, Visa Inc, Allergan Plc and Pepsico Inc were the top holdings for ELFNX.
The Elfun Trusts fund, managed by GE Investment, carries an expense ratio of 0.16%. Moreover, ELFNX requires a minimal initial investment of $500.
ELFNX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.51% and 5 year 10.48%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
ELFNX’s performance, as of the last filing, when compared to funds in its category was in the top 81% in 1 year, top 54% over the past 3 years, and in the 28% over the past 5 years.
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