Rydex Telecommunications Fund Class H (RYMAX)

43.41
Net Asset Value
-0.18%
1 Day
+1.45%
Year-to-Date
Overall Morningstar Rating
Communications
Style or Category
No Load
Sales Expenses
1.62%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Telecommunications Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Telecommunications Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Telecommunications Companies and U.S. government securities. It is non-diversified.

Performance

1 month-0.73% 3 years+4.32%
3 months-0.48% 5 years+5.97%
1 year+6.41% Since inception-2.10%
Data through --

Peer Comparisonvs. Communications

 RYMAXCategory
Performance 5-yr return+5.97%+7.84%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio0.540.66
Net assets$2.4M$678.2M
Average market cap$24.9B$47.9B
Average P/E11.717.8
Portfolio turnover605%605%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock86.03%
International stock6.66%
Cash4.17%
Fixed income3.14%
Other0.00%
Top 5 Sectors
Portfolio weighting
Telecommunication 94.32%
Hardware 3.73%
Business service 0.53%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
T AT&T8.77%
CSCO Cisco8.44%
VZ Verizon8.38%
QCOM Qualcomm5.13%
TMUS T-Mobile US Inc4.22%
CCI Crown Castle International Corp4.05%
SBAC SBA Communications Corp2.73%
HRS Harris Corp2.67%
S Sprint Corp2.56%
MSI Motorola2.45%