Rydex Inverse NASDAQ-100® Strategy Fund Class C (RYACX)
| Fund Assets | 10.30M |
| Expense Ratio | 2.48% |
| Min. Investment | $2,500 |
| Turnover | 23.00% |
| Dividend (ttm) | 8.15 |
| Dividend Yield | 8.28% |
| Dividend Growth | -6.06% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 98.43 |
| YTD Return | -9.23% |
| 1-Year Return | -11.07% |
| 5-Year Return | -59.65% |
| 52-Week Low | 97.95 |
| 52-Week High | 135.00 |
| Beta (5Y) | -1.14 |
| Holdings | 16 |
| Inception Date | Mar 7, 2001 |
About RYACX
Rydex Inverse NASDAQ-100 Strategy Fund Class C is a mutual fund designed to provide investment results that correspond, before fees and expenses, to the inverse (or opposite) of the daily performance of the NASDAQ-100 Index. The primary objective is to deliver returns that move in the opposite direction of this prominent technology-heavy benchmark, making it a specialized tool for investors seeking potential hedging strategies or exposure to declining movements in the NASDAQ-100. Unlike traditional index funds, this fund generally does not directly own the underlying index components; instead, it employs derivatives and other financial instruments to achieve its inverse correlation. The fund’s portfolio tends to focus on sectors and industries with significant weightings in the NASDAQ-100, such as technology and large-cap growth companies. With an annual distribution frequency and a team-managed structure, this fund occupies a distinctive role in the market, serving those looking for tactical responses to market downturns or to diversify risk within broader portfolios.
Performance
RYACX had a total return of -11.07% in the past year, including dividends. Since the fund's inception, the average annual return has been -15.47%.
Top 10 Holdings
98.12% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 17.89% |
| United States Treasury Bills 4.22% | B.0 05.06.25 | 14.30% |
| Bofa Securities, Inc. | n/a | 13.71% |
| United States Treasury Bills 4.23% | B.0 04.24.25 | 10.95% |
| Guggenheim Strategy II | n/a | 10.37% |
| United States Treasury Bills 4.26% | B.0 04.03.25 | 10.14% |
| Federal Home Loan Banks 4.22% | FHLBDN.0 04.10.17 | 8.44% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 7.39% |
| United States Treasury Bills | B.0 06.12.25 | 3.77% |
| Nasdaq-100 Index | n/a | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $8.14817 | Dec 12, 2024 |
| Dec 12, 2023 | $8.67424 | Dec 12, 2023 |
| Dec 9, 2020 | $0.2508 | Dec 9, 2020 |
| Dec 10, 2019 | $3.32632 | Dec 10, 2019 |
| Dec 4, 2008 | $14.964 | Dec 4, 2008 |
| Dec 6, 2007 | $27.444 | Dec 6, 2007 |