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+1.70% 3 years+4.43%
3 months+1.70% 5 years+6.32%
1 year+6.27% Since inception+2.99%
Data through --

Peer Comparisonvs. Communications

Performance 5-yr return+6.32%+9.65%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio0.600.75
Net assets$3.6M$707.9M
Average market cap$27.1B$49.5B
Average P/E11.818.3
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. stock94.49%
International stock5.26%
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
CSCO Cisco10.26%
T AT&T9.42%
VZ Verizon8.48%
QCOM Qualcomm6.22%
TMUS T-Mobile US Inc4.42%
CCI Crown Castle International Corp4.22%
ANET Arista Networks Inc3.11%
HRS Harris Corp2.88%
MSI Motorola2.84%
S Sprint Corp2.84%