Rydex Energy Fund Class A (RYENX)

67.62
Net Asset Value
-1.86%
1 Day
-8.25%
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-11.13% 3 years-8.22%
3 months+1.42% 5 years-5.80%
1 year-9.11% Since inception+4.31%
Data through --

Peer Comparisonvs. Equity energy

 RYENXCategory
Performance 5-yr return-5.80%-3.66%
Expense ratio1.62%1.39%
Risk 5 year sharpe ratio-0.10-0.09
Net assets$78.0M$704.8M
Average market cap$23.2B$6.1B
Average P/E28.19.0
Portfolio turnover996%996%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock89.27%
International stock10.12%
Fixed income0.60%
Cash0.00%
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 Mobil6.20%
CVX Chevron4.95%
SLB Schlumberger3.36%
COP ConocoPhillips2.81%
EOG EOG Resources Inc2.73%
OXY Occidental Petroleum2.47%
HAL Halliburton2.32%
PSX Phillips 662.30%
VLO Valero Energy2.15%
APC Anadarko Petroleum Corp2.00%