Rydex Inverse Russell 2000 Strategy Fund Class A (RYAFX)

Fund Assets	719.48K
Expense Ratio	1.70%
Min. Investment	$2,500
Turnover	14.00%
Dividend (ttm)	7.50
Dividend Yield	7.29%
Dividend Growth	-7.54%
Payout Frequency	Annual
Ex-Dividend Date	Dec 16, 2025

Previous Close	102.88
YTD Return	-11.00%
1-Year Return	-12.44%
5-Year Return	-20.55%
52-Week Low	94.23
52-Week High	132.47
Beta (5Y)	-1.21
Holdings	19
Inception Date	Mar 31, 2004

About RYAFX

Rydex Inverse Russell 2000 Strategy Fund Class A is a mutual fund designed to deliver daily investment results that correspond to the inverse of the daily performance of the Russell 2000 Index, before fees and expenses. Its primary objective is to provide a method for investors to gain short exposure to the broad small-cap U.S. equity market, as represented by the Russell 2000. The fund achieves this inverse relationship through a combination of financial instruments, including derivatives, and rebalances its portfolio daily to maintain its stated exposure. This daily rebalancing means that the fund's performance over periods longer than one day may deviate significantly from the inverse of the index's cumulative return, especially during volatile market conditions. The fund plays a specialized role in the market, serving investors seeking to hedge existing equity positions or take a tactical position that benefits from declines in small-cap stocks. It is managed by Security Investors, LLC, and is classified as non-diversified, allowing it to concentrate holdings more than typical diversified funds. The fund distributes dividends annually and is subject to risks such as tracking error, active trading, and the complexities associated with inverse investment strategies.

• Fund Family: Rydex Funds
• Category: Trading--Inverse Equity
• Stock Exchange: NASDAQ
• Ticker Symbol: RYAFX
• Share Class: Class A
• Index: Russell 2000 TR

Performance

RYAFX had a total return of -12.44% in the past year, including dividends. Since the fund's inception, the average annual return has been -11.77%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RYSHX	Class H	1.70%
RYCQX	Class C	2.46%

Top 10 Holdings

103.99% of assets

Name	Symbol	Weight
Triparty Rev Repo	n/a	30.65%
Triparty Rev Repo	n/a	30.65%
Guggenheim Ultra Short Duration Fund Institutional	GIYIX	26.56%
Us Dollar	n/a	7.86%
Guggenheim Ultra Short Income ETF	GCSH	5.57%
BNY Dreyfus Treasury Oblgtns Csh Mgt Ins	DTRXX	1.55%
Gs Cash Collateral Futures	n/a	0.82%
Gs_trs_usd_otc_rty_1t_usd-Federal Funds_1d_(0.0045)_eff_2026-06-15_mat_2026	n/a	0.22%
Bnp_trs_usd_otc_rty_1t_usd-Federal Funds_1d_(0.0015)_eff_2026-06-10_mat_202	n/a	0.12%
Bnp_trs_usd_otc_rty_1t_usd-Federal Funds_1d_(0.0015)_eff_2026-06-10_mat_202	n/a	0.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 16, 2025	$7.49777	Dec 16, 2025
Dec 12, 2024	$8.10942	Dec 12, 2024
Dec 12, 2023	$12.86657	Dec 12, 2023
Dec 9, 2020	$0.14016	Dec 9, 2020
Dec 10, 2019	$2.10515	Dec 10, 2019
Dec 4, 2008	$5.8515	Dec 4, 2008

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 30, 2026

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