Rydex Banking Fund Class A (RYBKX)

59.51
Net Asset Value
-0.02%
1 Day
+3.44%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
4.75
Sales Expenses
1.62%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide capital appreciation by investing in companies that are involved in the banking sector, including commercial banks (and their holding companies) and savings and loan institutions ("Banking Companies"). The fund invests substantially all (at least 80%) of its net assets in equity securities of Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It will invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations. The fund is non-diversified.

Performance

1 month+3.98% 3 years+19.65%
3 months+2.30% 5 years+7.25%
1 year+11.70% Since inception-3.63%
Data through --

Peer Comparisonvs. Financial

 RYBKXCategory
Performance 5-yr return+7.25%+14.17%
Expense ratio1.62%1.77%
Risk 5 year sharpe ratio0.510.71
Net assets$13.9M$281.5M
Average market cap$20.9B$41.7B
Average P/E15.915.4
Portfolio turnover481%481%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock75.45%
International stock24.24%
Cash0.34%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
C Citigroup Inc4.14%
BAC Bank of America Corporation4.04%
JPM JPMorgan Chase & Co4.03%
WFC Wells Fargo & Co3.85%
USB U.S. Bancorp3.22%
BK Bank of New York Mellon Corp2.61%
COF Capital One Financial Corp2.56%
PNC PNC Financial Services Group Inc2.46%
STT State Street Corp2.15%
BBT BB&T Corp1.89%

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