Rydex High Yield Strategy Fund Class H (RYHGX)

23.28
Net Asset Value
+0.13%
1 Day
-1.52%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
1.54%
Expense Ratio
Below Average
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.

Performance

1 month-0.60% 3 years+3.79%
3 months+0.04% 5 years+3.90%
1 year+0.99% Since inception+5.88%
Data through --

Peer Comparisonvs. High yield bond

 RYHGXCategory
Performance 5-yr return+3.90%+3.82%
Expense ratio1.54%1.04%
Risk 5 year sharpe ratio0.740.74
Net assets$280.2M$1.3B
Average market cap--$7.7B
Average P/E----
Portfolio turnover97%97%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash84.29%
Fixed income15.72%
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
-- 3.66%
-- 3.55%
GFSVX Guggenheim Strategy Fund II2.63%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I2.47%
-- 2.12%
-- 0.40%
-- 0.36%
-- 0.09%
-- 0.09%
-- 0.01%