Rydex Inverse Government Long Bond Strategy Fund Class A (RYAQX)
| Fund Assets | 17.69M |
| Expense Ratio | 4.95% |
| Min. Investment | $2,500 |
| Turnover | 643.00% |
| Dividend (ttm) | 15.29 |
| Dividend Yield | 7.67% |
| Dividend Growth | 571.15% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 188.87 |
| YTD Return | 2.37% |
| 1-Year Return | 10.74% |
| 5-Year Return | 101.86% |
| 52-Week Low | 173.58 |
| 52-Week High | 196.11 |
| Beta (5Y) | -0.47 |
| Holdings | 13 |
| Inception Date | Mar 31, 2004 |
About RYAQX
The Rydex Inverse Government Long Bond Strategy Fund Class A is a mutual fund designed to provide investment returns that are inversely correlated, before fees and expenses, to the daily price movement of the current long-term U.S. Treasury bond, specifically using the 30-Year Treasury Bond as its benchmark. The fund seeks its investment objective by engaging in short sales and significant use of derivative instruments, such as futures and options, to deliver returns that move opposite to the direction of long-term government bond prices. This structure makes the fund a specialized tool for investors aiming to hedge interest rate risk or take tactical positions based on expectations of rising long-term interest rates, which generally result in declining long bond prices. Managed by a team, the fund is notable for its annual distribution frequency and relatively high expense ratio, reflecting its specialized strategy. The Rydex Inverse Government Long Bond Strategy Fund Class A serves a unique role in the fixed-income market, offering inverse exposure to long-term U.S. government debt, and is primarily used by investors with specific hedging or strategic objectives.
Performance
RYAQX had a total return of 10.74% in the past year, including dividends. Since the fund's inception, the average annual return has been -3.84%.
Top 10 Holdings
187.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Barclays Capital, Inc. | n/a | 43.27% |
| Mizuho Securities USA LLC | n/a | 41.36% |
| Guggenheim Strategy II | n/a | 21.46% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 20.57% |
| Federal Home Loan Banks 4.25% | FHLBDN.0 04.25.17 | 17.68% |
| J.P. Morgan Securities Llc | n/a | 13.19% |
| Federal Home Loan Banks 4.23% | FHLBDN.0 04.10.17 | 12.54% |
| Bofa Securities, Inc. | n/a | 10.11% |
| Federal Farm Credit Banks 4.36% | FFCB.F 11.06.25 0000 | 6.28% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $15.29225 | Dec 12, 2024 |
| Dec 12, 2023 | $2.2785 | Dec 12, 2023 |
| Dec 9, 2020 | $0.44016 | Dec 9, 2020 |
| Dec 6, 2007 | $3.2895 | Dec 6, 2007 |
| Dec 20, 2006 | $3.148 | Dec 20, 2006 |