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

48.82
Net Asset Value
+0.41%
1 Day
-10.64%
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-6.46% 3 years-2.38%
3 months-10.28% 5 years+2.34%
1 year-2.51% Since inception+6.03%
Data through --

Peer Comparisonvs. Trading--leveraged debt

 RYABXCategory
Performance 5-yr return+2.34%+12.19%
Expense ratio1.25%1.50%
Risk 5 year sharpe ratio0.29--
Net assets$62.7M$75.2M
Average market cap$63.2B$23.9B
Average P/E19.019.0
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 income96.13%
Cash5.31%
U.S. stock0.04%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 66.67%
-- 14.33%
-- 8.57%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I6.32%
-- 1.62%