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Rydex Telecommunications Fund Class Investor (RYMIX)

45.36
Net Asset Value
+0.62%
1 Day
+0.07%
Year-to-Date
Overall Morningstar Rating
Communications
Style or Category
No Load
Sales Expenses
1.38%
Expense Ratio
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 will 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+0.42% 3 years+8.34%
3 months-3.12% 5 years+4.60%
1 year-0.34% Since inception-2.77%
Data through --

Peer Comparisonvs. Communications

 RYMIXCategory
Performance 5-yr return+4.60%+12.79%
Expense ratio1.38%1.49%
Risk 5 year sharpe ratio0.520.99
Net assets$17.8M$442.6M
Average market cap$23.4B$77.4B
Average P/E21.127.8
Portfolio turnover804%804%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock78.87%
International stock18.96%
Fixed income1.59%
Cash0.58%
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
VZ Verizon8.47%
T AT&T8.46%
CSCO Cisco7.04%
QCOM Qualcomm6.06%
TMUS T-Mobile US Inc3.34%
LVLT Level 3 Communications Inc2.62%
S Sprint Corp2.57%
CCI Crown Castle International Corp2.54%
CTL CenturyLink2.40%
SBAC SBA Communications Corp2.35%