ELFUN TRUSTS

ELFUN TRUSTS · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:ELFNX
$4.60B NAV
44 positions · as of 2026-06-30 · filed 2026-08-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

ELFUN TRUSTS is an actively managed U.S. equity fund. 30% of ELFNX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q2

Elfun Trusts (the Fund) seeks long-term growth of capital and future income rather than current income.

Strategy · summarised

The fund invests in equity securities of U.S. companies selected by the adviser for characteristics including above-average growth rates, strong capital structures, industry leadership, and quality management; it expects to focus primarily on large-capitalization stocks but may invest across market capitalizations and may hold up to 5% in high-yield debt securities. The fund's returns depend on the adviser's security selection decisions and the performance of the individual companies chosen.

Expenses
0.17%one share class
Share classExpense ratio
ELFNX0.17%

Portfolio turnover 30.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.02%
of net assets
Stocks98.31%
Cash & short-term1.71%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology38.1%
Communication Services13.4%
Financials12.2%
Health Care9.2%
9 smaller27.1%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
30%of stock holdings in top-quartile growers
covering 96% of the fund’s equity
Earnings growth
35%of stock holdings in top-quartile growers
covering 94% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 4 new4 exited

New: NFLX, SRE, HOOD, MU

Exited: CMS, EQT, AWK, BR

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+28.97%
3-year
+86.87%
5-year
+81.62%
Volatility
14.71%
Worst 3-yr fall
-8.94%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CorpNVDA9.83%$452.15M
Microsoft CorpMSFT6.14%$282.31M
Amazon.com IncAMZN5.60%$257.78M
Apple IncAAPL5.54%$255.09M
Alphabet IncGOOG4.71%$216.41M
Broadcom IncAVGO3.96%$182.17M
Meta Platforms IncMETA3.70%$170.13M
Advanced Micro Devices IncAMD3.64%$167.41M
Alphabet IncGOOGL3.45%$158.66M
Applied Materials IncAMAT3.39%$155.98M
Showing 10 of 44Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 49.96% of net assets, top 25 79.31%, across 42 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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