Rydex Inverse Mid-Cap Strategy A (RYAGX)
| Fund Assets | 37.30M |
| Expense Ratio | 1.64% |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 8.50 |
| Dividend Yield | 21.20% |
| Dividend Growth | 109.27% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 38.17 |
| YTD Return | -80.65% |
| 1-Year Return | -80.95% |
| 5-Year Return | -88.97% |
| 52-Week Low | 37.74 |
| 52-Week High | 244.55 |
| Beta (5Y) | -0.99 |
| Holdings | 9 |
| Inception Date | Mar 31, 2004 |
About RYAGX
Rydex Inverse Mid-Cap Strategy Fund Class A is an open-end mutual fund designed to deliver investment results that correspond, before fees and expenses, to the inverse (opposite) of the daily performance of the S&P MidCap 400 Index. This means the fund aims to move in the opposite direction of the benchmark index on a day-to-day basis, making it a tool primarily used for tactical allocation, hedging, or expressing a negative view on U.S. mid-cap equities. The fund achieves its inverse exposure through the use of derivatives, which serve as a substitute for directly shorting each constituent of the underlying index. Rydex Inverse Mid-Cap Strategy Fund Class A holds a diversified portfolio of growth and value stocks in the mid-cap sector, and is managed by a team at Security Investors, LLC. The fund’s unique structure makes it suitable for investors looking to mitigate market risk or seek inverse market exposure in the mid-cap segment, typically for short-term strategies given the daily reset feature of its inverse tracking.
Performance
RYAGX had a total return of -80.95% in the past year, including dividends. Since the fund's inception, the average annual return has been -18.13%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 43.43% |
| Bofa Securities, Inc. | n/a | 33.28% |
| Guggenheim Strategy II | n/a | 27.73% |
| Guggenheim Ultra Short Duration Instl | GIYIX | 25.64% |
| S&P Midcap 400 Index | n/a | 0.79% |
| S&P Midcap 400 Index | n/a | 0.76% |
| Cash | n/a | 0.72% |
| S&P Midcap 400 Index | n/a | 0.70% |
| Other Assets & Liabilities | n/a | -33.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $8.49501 | Dec 12, 2024 |
| Dec 12, 2023 | $4.05927 | Dec 12, 2023 |
| Dec 9, 2020 | $0.48824 | Dec 9, 2020 |
| Dec 10, 2019 | $0.77766 | Dec 10, 2019 |
| Dec 4, 2008 | $0.179 | Dec 4, 2008 |
| Dec 6, 2007 | $3.126 | Dec 6, 2007 |