Rydex Energy Fund Class A (RYENX)

77.63
Net Asset Value
+1.49%
1 Day
+5.33%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
4.75
Sales Expenses
1.62%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Energy 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 Energy Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Companies and U.S. government securities. It is non-diversified.

Performance

1 month-5.43% 3 years-3.41%
3 months+11.59% 5 years-4.36%
1 year+20.13% Since inception+4.61%
Data through --

Peer Comparisonvs. Equity energy

 RYENXCategory
Performance 5-yr return-4.36%-6.95%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio-0.08-0.07
Net assets$45.1M$710.5M
Average market cap$22.5B$6.6B
Average P/E17.114.3
Portfolio turnover996%996%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock90.09%
International stock9.26%
Cash2.77%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 97.14%
Industrial materials 2.86%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
XOM Exxon Mobil5.70%
CVX Chevron4.91%
SLB Schlumberger2.99%
COP ConocoPhillips2.94%
EOG EOG Resources Inc2.73%
OXY Occidental Petroleum2.60%
PSX Phillips 662.47%
VLO Valero Energy2.31%
HAL Halliburton2.22%
BHGE Baker Hughes A GE Co2.15%