Elfun Trusts ELFNX

Important Risk Information

Considering the risks: A principal risk of investing in the Fund is the risk that the value of equity securities may decline. While stocks have historically outperformed other asset classes over the long term, they tend to fluctuate over the short term as a result of factors affecting the individual companies, industries or the securities market as a whole. Securities with different characteristics tend to shift in and out of favor depending upon market and economic conditions. These and other risk considerations are discussed in the Fund's prospectus and summary prospectus.

NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$86.97

as of Oct 22 2021

Base Currency

USD

Assets Under Management

$3,801.17 M

as of Sep 30 2021

Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.18%

1 Day Nav Change

-$0.34 (-0.39%)

as of Oct 22 2021


Fund Objective

Fund Objective

Long-term growth of capital and future income rather than current income.


Investment Strategy

Investment Strategy

The Fund seeks to achieve its investment objectives by investing in equity securities of U.S. companies, such as common and preferred stocks. A U.S. company is a company that generates at least 50% of its revenues or profits from business activities in the U.S., has at least 50% of its assets situated in the U.S., or has the principal trading market for its securities in the U.S. The portfolio manager selects equity securities from a number of industries based on the merits of individual companies. In seeking to satisfy the Fund's investment objective with respect to future income, the portfolio manager will also consider companies that have the potential to pay dividends in the future. Stock selection is key to the performance of the Fund.


Fund Information as of Oct 23 2021

Fund Information as of Oct 23 2021
Investment Style Benchmark Inception Date Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

Base Currency Investment Manager Management Team
Large Cap Core S&P 500 May 27 1935 0.18% USD SSGA Funds Management, Inc. Fundamental Equities
Investment Style Large Cap Core
Benchmark S&P 500
Inception Date May 27 1935
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.18%
Base Currency USD
Investment Manager SSGA Funds Management, Inc.
Management Team Fundamental Equities
Distributor Distribution Frequency
State Street Global Advisors Funds Distributors, LLC Annually
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Annually

Investment Team

Investment Team

Christopher J Sierakowski


William Douglas Sandow


Listing Information as of Oct 23 2021

Listing Information as of Oct 23 2021

Exchange Trading Currency Listing Date Ticker CUSIP
NASDAQ REGULAR MARKET USD May 27 1935 ELFNX 286281100
Exchange NASDAQ REGULAR MARKET
Trading Currency USD
Listing Date May 27 1935
Ticker ELFNX
CUSIP 286281100

Fund Characteristics as of Sep 30 2021

Fund Characteristics as of Sep 30 2021
Number of Holdings Med Market Cap ($M) Weighted Average Market Cap ($M) Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

Dividend Yield (%)

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

Annual Portfolio Turnover (%)
43 122,035.37 634,987.58 4.61 20.41 1.13 23.29
Number of Holdings 43
Med Market Cap ($M) 122,035.37
Weighted Average Market Cap ($M) 634,987.58
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

4.61
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

20.41
Dividend Yield (%)

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

1.13
Annual Portfolio Turnover (%) 23.29

Index Characteristics as of Sep 30 2021

Index Characteristics as of Sep 30 2021
Number of Holdings Med Market Cap ($M) Weighted Average Market Cap ($M) Price/Book Ratio Price/Earnings Ratio FY1 Dividend Yield (%)
500 30,977.00 568,274.96 4.41 19.89 1.41
Number of Holdings 500
Med Market Cap ($M) 30,977.00
Weighted Average Market Cap ($M) 568,274.96
Price/Book Ratio 4.41
Price/Earnings Ratio FY1 19.89
Dividend Yield (%) 1.41

Fund Net Asset Value as of Oct 22 2021

Fund Net Asset Value as of Oct 22 2021
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Percent Change Price Change Offer Price NAV 52 Week High NAV 52 Week Low
$86.97 -0.39% -$0.34 $86.97 $87.31(Oct 21 2021) $66.96(Oct 28 2020)
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$86.97
Percent Change -0.39%
Price Change -$0.34
Offer Price $86.97
NAV 52 Week High $87.31(Oct 21 2021)
NAV 52 Week Low $66.96(Oct 28 2020)

Fund Performance

Fund Performance

  • Fund Inception Date: May 27 1935

as of Sep 30 2021

as of Sep 30 2021

As Of 1 Month 3 Month 6 Month QTD YTD
Fund at NAV Sep 30 2021 -4.40% -0.53% 7.52% -0.53% 15.08%
S&P 500 Sep 30 2021 -4.65% 0.58% 9.18% 0.58% 15.92%
As Of 1 Month 3 Month 6 Month QTD YTD
Fund at NAV Sep 30 2021 -4.40% -0.53% 7.52% -0.53% 15.08%
S&P 500 Sep 30 2021 -4.65% 0.58% 9.18% 0.58% 15.92%

as of Sep 30 2021

as of Sep 30 2021

As Of 1 Year 3 Year 5 Year 10 Year Since Inception
May 27 1935
Fund at NAV Sep 30 2021 30.09% 18.95% 18.80% 18.05% 12.34%
S&P 500 Sep 30 2021 30.00% 15.99% 16.90% 16.64% 11.29%
As Of 1 Year 3 Year 5 Year 10 Year Since Inception
May 27 1935
Fund at NAV Sep 30 2021 30.09% 18.95% 18.80% 18.05% 12.34%
S&P 500 Sep 30 2021 30.00% 15.99% 16.90% 16.64% 11.29%

as of Sep 30 2021

2015 2016 2017 2018 2019 2020
Fund at NAV 1.70% 6.08% 25.61% -3.39% 35.57% 25.07%
S&P 500 1.38% 11.96% 21.83% -4.38% 31.49% 18.40%

Performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate. Upon redemption, shares may be worth more or less than the original cost. The current performance may be higher or lower than the quoted performance. To view SEC standardized performance select the most recent quarterly period ending March, June, September or December. All other periods shown are non-standardized performance and are not valid without SEC standardized performance.

On July 1, 2016 State Street Corporation, the parent company of SSGA Funds Management, Inc., and State Street Global Markets, LLC acquired the asset management and advisory services business of GE Asset Management, Incorporated, the former investment adviser to the Fund. As of that date, SSGA Funds Management, Inc. became the investment adviser to the Fund and State Street Global Markets, LLC became the distributor for the Fund. Effective May 1, 2017, State Street Global Markets, LLC was renamed State Street Global Advisors Funds Distributors, LLC. Any information, data or performance provided prior to that date is that of GE Asset Management, Incorporated.

The list of holdings should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

The returns of each index shown do not include the effect of management fees, sales charges, operating expenses of a fund or other account, or taxes. The returns of the index are unmanaged and do not reflect the actual cost of investing in the instruments that comprise it. You cannot invest directly in an index.

Gross Expense Ratio: 0.18%


Risk Analysis

Risk Analysis
Month End as of Sep 30 2021
Quarter End as of Sep 30 2021

Month End as of Sep 30 2021

Risk Factor 3 Years 5 Years
Alpha 2.53% 1.72%
Beta 1.00 0.99
Std Deviation 18.92% 15.42%
Information Ratio 1.04 0.60
R-squared 97.76% 95.73%
Sharpe Ratio 0.94 1.14
Tracking Error 2.83% 3.19%

Quarter End as of Sep 30 2021

Risk Factor 3 Years 5 Years
Alpha 2.53% 1.72%
Beta 1.00 0.99
Std Deviation 18.92% 15.42%
Information Ratio 1.04 0.60
R-squared 97.76% 95.73%
Sharpe Ratio 0.94 1.14
Tracking Error 2.83% 3.19%

The risk statistics are calculated against the fund's primary benchmark.

Risk Measures - Alpha, Beta and R-Squared are calculated against the noted benchmark. Annualized standard deviation and Sharpe Ratio are not calculated against a benchmark.

Alpha - Measures a manager's contribution to performance due to security selection or market timing relative to the index.

Beta - Measures the portfolio's sensitivity to market movements in the index.

R-Squared - A measure that indicates the extent to which fluctuations in portfolio returns are correlated with those of the index.

Standard Deviation - A measure of total risk. It measures the degree to which a fund's quarterly returns vary from the mean of the fund's quarterly returns over the period measured.

Sharpe Ratio -A measure that uses standard deviation and excess return to determine reward per unit of risk.


Top Holdings

The top ten holdings do not include money market instruments and/or futures contracts. Depositary receipts are normally combined with the underlying security. The securities cited may not represent the Fund's current or future holdings and should not be construed as a recommendation to purchase or sell a particular security. The figures presented do not include the Fund's entire investment portfolio and may change at any time.

Top Holdings

The top ten holdings do not include money market instruments and/or futures contracts. Depositary receipts are normally combined with the underlying security. The securities cited may not represent the Fund's current or future holdings and should not be construed as a recommendation to purchase or sell a particular security. The figures presented do not include the Fund's entire investment portfolio and may change at any time.

Fund Top Holdingsas of Sep 30 2021

Fund Top Holdings as of Sep 30 2021

Name Weight
ALPHABET INC 7.57%
MICROSOFT CORPORATION 6.64%
AMAZON.COM INC 5.00%
APPLE INC 4.68%
JPMORGAN CHASE & CO 4.51%
FACEBOOK INC 4.28%
VISA INC 3.07%
UNITEDHEALTH GROUP INC 2.80%
LOWES COMPANIES INC 2.79%
QUALCOMM INCORPORATED 2.52%

Sector Allocation

Sector Allocation
Fund Sector Allocationas of Sep 30 2021
Index Sector Allocationas of Sep 30 2021

Fund Sector Allocation as of Sep 30 2021

Sector Weight
Information Technology 30.68%
Communication Services 15.32%
Financials 12.38%
Health Care 11.52%
Consumer Discretionary 9.99%
Industrials 8.04%
Consumer Staples 3.66%
Energy 2.87%
Real Estate 1.71%
Materials 1.69%
Utilities 1.27%
Cash Equivalents & Other 0.78%
Accrued Income 0.09%

Index Sector Allocation as of Sep 30 2021

Sector Weight
Information Technology 27.63%
Communication Services 11.29%
Financials 11.39%
Health Care 13.25%
Consumer Discretionary 12.36%
Industrials 8.04%
Consumer Staples 5.77%
Energy 2.75%
Real Estate 2.58%
Materials 2.48%
Utilities 2.46%
Cash Equivalents & Other 0.00%
Accrued Income 0.00%

The securities information regarding holdings, allocations and other characteristics are presented to illustrate examples of securities that have been bought and the diversity of areas in which we may invest as of a particular date. It may not be representative of the portfolio's current or future investments and should not be construed as a recommendation to purchase or sell a particular security.

"Cash Equivalents" includes an investment in the State Street Institutional Government Money Market Fund. "Other" includes accruals. As of 07/01/2016 State Street Global Advisors is the Investment Advisor of the Fund. SSGA Funds Management, Inc. serves as the investment advisor of the State Street Institutional Government Money Market Fund.


Fund Footnotes

S&P 500® (S&P 500) Index is an unmanaged, market capitalization-weighted index of 500 widely held U.S. stocks recognized by investors to be representative of the stock market in general. Standard & Poor's and S&P 500 are trademarks of the Standard & Poor's Financial Services LLC ("S&P").