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 seeks to gain exposure similar to the total return of the high yield bond market, as represented by U.S. and Canadian high yield bonds, by investing in the universe of fixed rate, non-investment grade debt through the use of credit default swaps, high yield securities, futures and other financial instruments with economic characteristics comparable to that of the high yield bond market. It is non-diversified.


1 month+1.30% 3 years+10.08%
3 months+1.12% 5 years+10.61%
1 year+4.69% Since inception+6.53%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+10.61%+9.39%
Expense ratio1.56%1.13%
Risk 5 year sharpe ratio1.221.47
Net assets$26.6M$1.6B
Average market cap--$10.8B
Average P/E--19.0
Portfolio turnover205%205%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income63.01%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Guggenheim Strategy II24.86%
-- Guggenheim Strategy I22.64%
HYG iShares iBoxx $ High Yield Corporate Bd19.35%
-- Cdx Hy22 5% 6/20/20195.04%
-- 5 Year US Treasury Note Future Dec140.11%

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