Rydex Inverse Government Long Bond Strategy Fund Class A (RYAQX)

34.75
Net Asset Value
+0.14%
1 Day
+8.56%
Year-to-Date
Overall Morningstar Rating
Trading--inverse debt
Style or Category
4.75
Sales Expenses
3.68%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide total returns that inversely correlate- before fees and expenses- to the price movements of the Long Treasury Bond for U.S. Treasury debt instruments or futures contracts on a specified debt instrument on a daily basis. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in financial instruments with economic characteristics that should perform opposite to fixed income securities issued by the U.S. government. The fund is non-diversified.

Performance

1 month+1.05% 3 years-2.78%
3 months-0.57% 5 years-4.26%
1 year+2.96% Since inception-6.78%
Data through --

Peer Comparisonvs. Trading--inverse debt

 RYAQXCategory
Performance 5-yr return-4.26%-13.37%
Expense ratio3.68%1.89%
Risk 5 year sharpe ratio-0.25--
Net assets$108.1M$23.9M
Average market cap----
Average P/E----
Portfolio turnover1,436%1,436%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 23 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash112.30%
Fixed income12.81%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 91.17%
-- 11.59%
-- 11.58%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I9.40%
-- 9.39%
-- 9.29%
-- 9.27%
-- 9.25%
-- 4.18%
-- 2.62%