Rydex Telecommunications Fund Class Investor (RYMIX)

47.99
Net Asset Value
-1.13%
1 Day
+0.42%
Year-to-Date
Overall Morningstar Rating
Communications
Style or Category
No Load
Sales Expenses
1.38%
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-0.55% 3 years+3.94%
3 months+4.81% 5 years+6.65%
1 year+4.31% Since inception-1.49%
Data through --

Peer Comparisonvs. Communications

 RYMIXCategory
Performance 5-yr return+6.65%+9.65%
Expense ratio1.38%1.38%
Risk 5 year sharpe ratio0.660.82
Net assets$2.4M$658.8M
Average market cap$27.2B$45.0B
Average P/E21.029.0
Portfolio turnover605%605%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock94.73%
International stock5.52%
Fixed income0.64%
Cash0.00%
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&T9.36%
VZ Verizon9.25%
CSCO Cisco9.16%
QCOM Qualcomm6.29%
TMUS T-Mobile US Inc4.57%
CCI Crown Castle International Corp4.17%
ANET Arista Networks Inc3.06%
MSI Motorola2.93%
HRS Harris Corp2.84%
SBAC SBA Communications Corp2.83%