Rydex Monthly Rebalance NASDAQ-100® 2x Strategy Fund Class A (RMQAX)
| Fund Assets | 522.88M |
| Expense Ratio | 1.42% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 133.13 |
| Dividend Yield | 33.73% |
| Dividend Growth | 707.43% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 375.80 |
| YTD Return | -26.59% |
| 1-Year Return | 4.42% |
| 5-Year Return | 204.15% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 114 |
| Inception Date | Nov 28, 2014 |
About RMQAX
The Fund's investment strategy focuses on Equity Leverage with 1.34% total expense ratio. The minimum amount to invest in Rydex Series Funds: Monthly Rebalance NASDAQ-100 2x Strategy Fund; A-Class Shares is $2,500 on a standard taxable account. Rydex Series Funds: Monthly Rebalance NASDAQ-100 2x Strategy Fund; A-Class Shares seeks investment results that match the performance of a specific benchmark on a calendar month basis. RMQAXs current benchmark is 200% of the performance of the NASDAQ-100 Index, a modified capitalization-weighted index composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market.
Performance
RMQAX had a total return of 4.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.29%.
Top 10 Holdings
99.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 17.07% |
| NVIDIA Corporation | NVDA | 14.83% |
| Microsoft Corporation | MSFT | 14.13% |
| United States Treasury Bills 4.3% | B 0 03.06.25 | 12.73% |
| Amazon.com, Inc. | AMZN | 10.40% |
| Broadcom Inc. | AVGO | 8.07% |
| Tesla, Inc. | TSLA | 6.60% |
| Meta Platforms, Inc. | META | 5.75% |
| Alphabet Inc. | GOOGL | 4.99% |
| Alphabet Inc. | GOOG | 4.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $133.12908 | Dec 12, 2024 |
| Dec 12, 2023 | $16.48805 | Dec 12, 2023 |
| Dec 9, 2021 | $11.52587 | Dec 9, 2021 |
| Dec 10, 2020 | $18.27015 | Dec 10, 2020 |
| Dec 11, 2019 | $0.18608 | Dec 11, 2019 |