Rydex Energy Services Fund Class C (RYVCX)

22.30
Net Asset Value
-2.15%
1 Day
-6.50%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
No Load
Sales Expenses
2.37%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Energy Services 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 Energy Services Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Services Companies and U.S. government securities. It is non-diversified.

Performance

1 month-14.33% 3 years-13.50%
3 months-1.37% 5 years-13.49%
1 year+6.45% Since inception-0.57%
Data through --

Peer Comparisonvs. Equity energy

 RYVCXCategory
Performance 5-yr return-13.49%-6.95%
Expense ratio2.37%1.38%
Risk 5 year sharpe ratio-0.34-0.07
Net assets$28.5M$710.5M
Average market cap$8.7B$42.0B
Average P/E--20.9
Portfolio turnover1,830%1,830%

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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. stock96.38%
Cash7.00%
International stock3.54%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 95.40%
Industrial materials 3.87%
Hardware 0.74%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
HAL Halliburton10.91%
BHGE Baker Hughes A GE Co10.75%
SLB Schlumberger10.41%
NOV National Oilwell Varco Inc6.69%
-- 4.46%
HP Helmerich and Payne Inc4.31%
FTI TechnipFMC PLC3.54%
PTEN Patterson-UTI Energy Inc3.51%
CLB Core Laboratories NV2.98%
DO Diamond Offshore Drilling Inc2.77%