Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Rydex High Yield Strategy Fund Class C (RYHHX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
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 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+2.59% 3 years+4.27%
3 months+3.05% 5 years+5.80%
1 year+5.74% Since inception+5.43%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+5.80%+4.58%
Expense ratio2.30%1.10%
Risk 5 year sharpe ratio0.740.75
Net assets$288.7M$1.3B
Average market cap--$12.1B
Average P/E--12.6
Portfolio turnover521%521%

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 / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income1.00%
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
-- 4.34%
-- 3.27%
GFSVX Guggenheim Strategy Fund II1.80%
-- 1.70%
-- 1.08%
-- 0.78%
-- 0.75%

Partner Offers