Rydex Energy Fund Class A (RYENX)

78.56
Net Asset Value
+0.72%
1 Day
+6.59%
Year-to-Date
Overall Morningstar Rating
Equity energy
Style or Category
4.75
Sales Expenses
1.63%
Expense Ratio
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 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 Energy Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Companies and U.S. government securities. It is non-diversified.

Performance

1 month+2.44% 3 years+4.97%
3 months-0.73% 5 years-5.05%
1 year+16.17% Since inception+4.41%
Data through --

Peer Comparisonvs. Equity energy

 RYENXCategory
Performance 5-yr return-5.05%-3.74%
Expense ratio1.63%1.38%
Risk 5 year sharpe ratio-0.10-0.11
Net assets$47.2M$679.2M
Average market cap$24.1B$40.8B
Average P/E16.916.7
Portfolio turnover996%996%

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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. stock89.23%
International stock10.26%
Cash1.42%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 97.14%
Industrial materials 2.86%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
XOM Exxon Mobil5.86%
CVX Chevron4.70%
COP ConocoPhillips3.13%
SLB Schlumberger2.89%
EOG EOG Resources Inc2.68%
OXY Occidental Petroleum2.45%
PSX Phillips 662.43%
CXO Concho Resources Inc2.42%
VLO Valero Energy2.31%
MPC Marathon Petroleum2.07%