Rydex Telecommunications Fund Class A (RYTLX)

43.86
Net Asset Value
-0.18%
1 Day
-0.27%
Year-to-Date
Overall Morningstar Rating
Communications
Style or Category
4.75
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-1.68% 3 years+3.43%
3 months-0.48% 5 years+4.78%
1 year+5.92% Since inception+2.87%
Data through --

Peer Comparisonvs. Communications

 RYTLXCategory
Performance 5-yr return+4.78%+7.84%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio0.510.59
Net assets$2.4M$654.7M
Average market cap$25.8B$36.5B
Average P/E11.716.9
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. stock92.48%
International stock7.21%
Cash2.47%
Fixed income0.00%
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
CSCO Cisco9.38%
VZ Verizon9.31%
T AT&T8.65%
QCOM Qualcomm5.08%
TMUS T-Mobile US Inc4.50%
CCI Crown Castle International Corp4.01%
S Sprint Corp3.17%
CTL CenturyLink2.95%
HRS Harris Corp2.79%
PANW Palo Alto Networks Inc2.76%