Rydex Government Long Bond 1.2x Strategy Fund Class A (RYABX)

50.06
Net Asset Value
-1.03%
1 Day
-8.37%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged debt
Style or Category
4.75
Sales Expenses
1.25%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correspond- before fees and expenses- to 120% of the daily price movement of the Long Treasury Bond for U.S. government securities on a daily basis. The fund employs as its investment strategy a program of investing in U.S. government securities and derivative instruments- which primarily consist of futures contracts- interest rate swaps- and options on securities and futures contracts. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in fixed income securities issued by the U.S. government (and derivatives thereof). The fund is non-diversified.

Performance

1 month-0.06% 3 years-3.25%
3 months-3.72% 5 years+1.48%
1 year-3.88% Since inception+5.92%
Data through --

Peer Comparisonvs. Trading--leveraged debt

 RYABXCategory
Performance 5-yr return+1.48%+12.19%
Expense ratio1.25%1.50%
Risk 5 year sharpe ratio0.26--
Net assets$129.0M$65.2M
Average market cap$101.1B$7.9B
Average P/E23.0--
Portfolio turnover2,490%2,490%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 24 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income84.73%
Cash15.27%
U.S. stock0.01%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 73.13%
-- 4.16%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I3.07%
-- 1.45%