Rydex Government Long Bond 1.2x Strategy Fund Investor Class (RYGBX)

48.53
Net Asset Value
+0.06%
1 Day
-10.46%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged debt
Style or Category
No Load
Sales Expenses
0.99%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correspond- before fees and expenses- to 120% of the daily price movement of the Long Treasury Bond for U.S. government securities on a daily basis. The fund employs as its investment strategy a program of investing in U.S. government securities and derivative instruments- which primarily consist of futures contracts- interest rate swaps- and options on securities and futures contracts. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in fixed income securities issued by the U.S. government (and derivatives thereof). The fund is non-diversified.

Performance

1 month-1.16% 3 years+0.17%
3 months+1.08% 5 years+2.24%
1 year-5.42% Since inception+5.73%
Data through --

Peer Comparisonvs. Trading--leveraged debt

 RYGBXCategory
Performance 5-yr return+2.24%+12.19%
Expense ratio0.99%1.50%
Risk 5 year sharpe ratio0.15--
Net assets$110.6M$98.9M
Average market cap--$1.1B
Average P/E----
Portfolio turnover2,490%2,490%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 24 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income85.15%
Cash14.88%
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
-- 77.52%
-- 4.86%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I3.58%
-- 0.54%