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-0.86% 3 years+3.72%
3 months-2.37% 5 years+4.49%
1 year+2.18% Since inception+5.90%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+4.49%+4.63%
Expense ratio1.54%1.05%
Risk 5 year sharpe ratio0.880.85
Net assets$35.5M$1.3B
Average market cap$98.0B$5.8B
Average P/E23.3--
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 income72.59%
U.S. stock0.02%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 28.75%
GFSVX Guggenheim Strategy Fund II22.66%
-- 16.66%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I8.17%
-- 2.82%
-- 0.13%
-- 0.01%
-- 0.01%
-- 0.00%