About ELFNX
Elfun Trusts is a long-established mutual fund that primarily targets long-term growth of capital and future income by investing in equity securities of U.S. companies. Managed by State Street Global Advisors since its inception in 1935, the fund typically focuses on large-cap growth stocks, emphasizing sectors such as technology, communication services, consumer cyclical, and financial services. Notably, its top holdings often include industry leaders like Microsoft, NVIDIA, Apple, Amazon, and Meta Platforms, with nearly half of its assets concentrated in the top ten positions.
Elfun Trusts is categorized as a large growth fund and maintains a diversified portfolio, generally allocating over 95% of its assets to domestic stocks with a small allocation to foreign equities. The fund operates with a low expense ratio and is considered cost-competitive within its peer group. Its investment strategy does not specifically integrate ESG criteria. With an accessible minimum investment, annual distributions, and a track record of above-average long-term performance, Elfun Trusts serves investors seeking exposure to prominent U.S. growth companies while balancing growth objectives with a disciplined active management approach.
Fund Family State Street Investment Management
Category Large Blend
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol ELFNX
Index S&P 500 TR
ELFNX had a total return of 14.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.89%.
