Rydex Energy Services Fund Class A (RYESX)

26.77
Net Asset Value
-0.22%
1 Day
+0.64%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
4.75
Sales Expenses
1.62%
Expense Ratio
Above 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 Services 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 may invest to a significant extent in the securities of Energy Services Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Services Companies and U.S. government securities. It is non-diversified.

Performance

1 month+9.11% 3 years-12.74%
3 months-6.09% 5 years-10.55%
1 year-7.08% Since inception+0.37%
Data through --

Peer Comparisonvs. Equity energy

 RYESXCategory
Performance 5-yr return-10.55%-6.95%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio-0.41-0.18
Net assets$11.3M$651.6M
Average market cap$7.7B$5.6B
Average P/E--15.7
Portfolio turnover1,830%1,830%

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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. stock226.44%
International stock8.94%
Cash6.38%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 95.40%
Industrial materials 3.87%
Hardware 0.74%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
HAL Halliburton27.49%
SLB Schlumberger26.21%
BHGE Baker Hughes A GE Co23.04%
NOV National Oilwell Varco Inc15.86%
HP Helmerich and Payne Inc11.53%
-- 9.32%
FTI TechnipFMC PLC8.94%
RES RPC Inc7.97%
PTEN Patterson-UTI Energy Inc7.94%
CLB Core Laboratories NV6.95%