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 | 22.66% |
| Dividend Growth | 707.43% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 525.39 |
| YTD Return | 1.77% |
| 1-Year Return | 12.05% |
| 5-Year Return | 214.28% |
| 52-Week Low | 325.58 |
| 52-Week High | 684.88 |
| Beta (5Y) | n/a |
| Holdings | 116 |
| 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 12.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 29.78%.
Top 10 Holdings
54.59% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 4.16% | B.0 06.05.25 | 12.83% |
| Apple Inc. | AAPL | 6.49% |
| J.P. Morgan Securities Llc | n/a | 5.70% |
| Microsoft Corporation | MSFT | 5.43% |
| NVIDIA Corporation | NVDA | 5.14% |
| Bofa Securities, Inc. | n/a | 4.37% |
| Cash | n/a | 4.31% |
| Amazon.com, Inc. | AMZN | 3.92% |
| United States Treasury Bills | B.0 04.01.25 | 3.88% |
| Broadcom Inc. | AVGO | 2.52% |
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 |