Rydex Inverse Russell 2000® Strategy Fund Class A (RYAFX)
| Fund Assets | 2.17M |
| Expense Ratio | 1.70% |
| Min. Investment | $2,500 |
| Turnover | 14.00% |
| Dividend (ttm) | 8.11 |
| Dividend Yield | 5.70% |
| Dividend Growth | -36.97% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 133.75 |
| YTD Return | -0.50% |
| 1-Year Return | -7.42% |
| 5-Year Return | -43.82% |
| 52-Week Low | 128.52 |
| 52-Week High | 171.70 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| 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.
Performance
RYAFX had a total return of -7.42% in the past year, including dividends. Since the fund's inception, the average annual return has been -11.52%.
Top 10 Holdings
99.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 29.22% |
| Guggenheim Strategy II | n/a | 29.09% |
| J.P. Morgan Securities Llc | n/a | 17.78% |
| Bofa Securities, Inc. | n/a | 13.63% |
| United States Treasury Bills 4.2% | B.0 06.12.25 | 6.49% |
| Russell 2000 Index | n/a | 2.09% |
| Russell 2000 Index | n/a | 0.77% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 0.46% |
| Russell 2000 Index | n/a | 0.33% |
| Cash | n/a | 0.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 6, 2007 | $21.0765 | Dec 6, 2007 |