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Rydex Telecommunications Fund Class A (RYTLX)

Net Asset Value
1 Day
Overall Morningstar Rating
Style or Category
Sales Expenses
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.


1 month+1.91% 3 years+5.53%
3 months+5.70% 5 years+6.33%
1 year+6.86% Since inception+2.96%
Data through --

Peer Comparisonvs. Communications

Performance 5-yr return+6.33%+9.65%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio0.640.84
Net assets$3.6M$655.8M
Average market cap$27.4B$44.1B
Average P/E22.128.6
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


U.S. stock93.04%
International stock6.16%
Fixed income0.00%
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&T9.31%
VZ Verizon9.25%
CSCO Cisco8.84%
QCOM Qualcomm6.87%
TMUS T-Mobile US Inc4.41%
CCI Crown Castle International Corp4.32%
SBAC SBA Communications Corp2.96%
ANET Arista Networks Inc2.87%
S Sprint Corp2.72%
HRS Harris Corp2.71%