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Rydex High Yield Strategy Fund Class H (RYHGX)

24.32
Net Asset Value
+0.37%
1 Day
+8.52%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
1.54%
Expense Ratio
Above 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+0.54% 3 years+6.02%
3 months+5.39% 5 years+8.44%
1 year+9.24% Since inception+6.35%
Data through --

Peer Comparisonvs. High yield bond

 RYHGXCategory
Performance 5-yr return+8.44%+4.58%
Expense ratio1.54%1.10%
Risk 5 year sharpe ratio0.880.79
Net assets$533.3M$1.3B
Average market cap--$10.2B
Average P/E--14.4
Portfolio turnover521%521%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash84.19%
Fixed income15.80%
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
-- 12.19%
-- 2.98%
-- 2.45%
-- 2.07%
-- 1.19%
GFSVX Guggenheim Strategy Fund II1.02%
-- 1.02%
-- 0.61%
-- 0.03%

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