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Rydex High Yield Strategy Fund Class A (RYHDX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to the performance of the high yield bond market. The fund will invest at least 80% of its net assets- plus any borrowings for investment purposes- in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets and/or in high yield debt securities. It will primarily invest in credit default swaps- swaps on ETFs- and bond futures to gain exposure similar to the high yield bond market. The fund is non-diversified.


1 month+1.00% 3 years+5.96%
3 months+0.56% 5 years+5.87%
1 year+7.07% Since inception+6.19%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+5.87%+5.14%
Expense ratio1.54%1.05%
Risk 5 year sharpe ratio1.090.99
Net assets$196.6M$1.4B
Average market cap$95.2B$5.3B
Average P/E20.1--
Portfolio turnover97%97%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income81.86%
U.S. stock0.02%
International stock0.01%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 24.00%
-- 12.48%
-- 12.06%
-- 7.62%
-- 7.02%
-- 4.02%
-- 4.01%
-- 2.66%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I2.59%
-- 2.51%