Rydex High Yield Strategy Fund Class H (RYHGX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
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-0.09% 3 years+3.86%
3 months-1.70% 5 years+4.59%
1 year+2.76% Since inception+5.90%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+4.59%+4.63%
Expense ratio1.54%1.05%
Risk 5 year sharpe ratio0.890.85
Net assets$35.5M$1.3B
Average market cap$63.2B$5.8B
Average P/E19.0--
Portfolio turnover97%97%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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 income29.86%
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
-- 4.65%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I4.22%
-- 4.09%
-- 3.27%
-- 3.27%
-- 3.27%
GFSVX Guggenheim Strategy Fund II2.63%
-- 1.63%
-- 1.10%
-- 0.81%