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Mid Cap Value Institutional

Price $10.16
Change $0.04 / 0.40%
As of 12/12/18

Investment Strategy

Seeks to deliver long-term growth of capital by investing in equity securities of undervalued small- to medium-sized U.S. companies.

Fund Highlights and Applications

  • Invests in a diversified portfolio of small- and medium-sized U.S. companies.
  • Selects securities of small and medium-sized companies that appear undervalued by the overall market relative to assets, earnings, growth potential or cash flows
  • Applies a valuation-focused stock selection process that combines fundamental research with a proprietary quantitative screening process to identify companies we believe have the potential to outperform


Most Recent Income $1.389561
Dividend $0.053657
Most Recent Capital Gain $1.335904

Fees and Expenses

Gross Expense Ratio 1.14%
Net Expense Ratio 1.14%

Overall Morningstar RatingTM*

as of 9/30/2018
(Based on risk-adjusted returns out of 362 Small Value funds.)

Symbols & CUSIPs

Class Symbol CUSIP Inception
Institutional SVUIX 40168W830 7/11/08

Investment Team

James P. SchierFarhan Sharaff
Gregg StrohkorbDavid G. Toussaint
Burak Hurmeydan


Fund Type Equity
Distribution Frequency Annual (if applicable)
Benchmark Russell 2500 Value Index
Telephone 800.888.2461
Trading Hours Phone: 9:30 AM - 4:00 PM ET
Web: 9:30 AM - 4:00 PM ET
Note: Each financial intermediary may have its own rules about shares transactions, and may have earlier cut - off times for processing your transaction.
Investment Adviser Security Investors, LLC
Distributor Guggenheim Funds Distributors, LLC

*As of 9.30.2018, the Institutional Class was rated, based on its risk-adjusted returns, 4 stars Overall, 4 stars for 3 years, 3 stars for 5 years, and 4 stars for 10 years out of 362, 362, 317, and 226 Small Value funds, respectively.

The Morningstar Rating for funds, or “star rating”, is calculated for managed products with at least a three-year history and does not include the effect of sales charges. Exchange-traded funds and open-end mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating is derived from a weighted average of the performance figures associated with its 3-year. 5-year, and 10-year (if applicable) Morningstar Rating metrics.

©2018 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary of Morningstar and /or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of its information. Past performance is no guarantee of future results.

Performance displayed represents past performance which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized.

Data is subject to change on a daily basis. Partial year returns are cumulative, not annualized. Returns reflect the reinvestment of dividends. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.

This fund may not be suitable for all investors. • An investment in the fund will fluctuate and is subject to investment risks, which means investors could lose money. • The intrinsic value of the underlying stocks may never be realized or the stock may decline in value. • Investments in small- and/or mid-sized company securities may present additional risks such as less predictable earnings, higher volatility and less liquidity than larger, more established companies. • Please read the prospectus for more detailed information regarding these and other risks.

Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.

Investing involves risk, including the possible loss of principal.

Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investments Advisors, LLC ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisors to the referenced funds.

© 2018 Guggenheim Investments. All Rights Reserved.

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• Not FDIC Insured • No Bank Guarantee • May Lose Value

This website is directed to and intended for use by citizens or residents of the United States of America only. The material provided on this website is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. Investing involves risk, including the possible loss of principal.