Rydex Basic Materials Fund Class H (RYBAX)
| Fund Assets | 23.28M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 51.00% |
| Dividend (ttm) | 8.58 |
| Dividend Yield | 11.71% |
| Dividend Growth | 390.82% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 72.23 |
| YTD Return | 14.49% |
| 1-Year Return | 6.95% |
| 5-Year Return | 63.79% |
| 52-Week Low | 56.95 |
| 52-Week High | 81.47 |
| Beta (5Y) | 1.21 |
| Holdings | 102 |
| Inception Date | Apr 14, 1998 |
About RYBAX
The investment seeks capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Basic Materials Companies that are traded in the United States and in derivatives. It may invest to a significant extent in the securities of Basic Materials Companies that have small to mid-sized capitalizations. Basic Materials Companies are engaged in the manufacture, mining, processing, or distribution of raw materials and intermediate goods used in the industrials sector, and may be involved in the production and transportation of metals, textiles, and wood products.
Performance
RYBAX had a total return of 6.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.87%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSDPX | Fidelity | Fidelity Select Materials Portfolio | 0.70% |
| FMFTX | Fidelity | Fidelity Advisor Materials Fund - Class M | 1.24% |
| FMFEX | Fidelity | Fidelity Advisor Materials Fund - Class I | 0.72% |
| FMFCX | Fidelity | Fidelity Advisor Materials Fund - Class C | 1.74% |
| FIJFX | Fidelity | Fidelity Advisor Materials Fund - Class Z | 0.59% |
Top 10 Holdings
25.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Linde plc | LIN | 4.45% |
| First American Government Obligations Fund | FGXXX | 3.05% |
| The Sherwin-Williams Company | SHW | 2.74% |
| Ecolab Inc. | ECL | 2.51% |
| Newmont Corporation | NEM | 2.36% |
| CRH plc | CRH | 2.29% |
| Corteva, Inc. | CTVA | 2.26% |
| Air Products and Chemicals, Inc. | APD | 2.25% |
| Freeport-McMoRan Inc. | FCX | 2.13% |
| Vulcan Materials Company | VMC | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $8.57997 | Dec 12, 2024 |
| Dec 12, 2023 | $1.74809 | Dec 12, 2023 |
| Dec 20, 2022 | $1.29444 | Dec 20, 2022 |
| Dec 8, 2021 | $1.62805 | Dec 8, 2021 |
| Dec 9, 2020 | $1.56607 | Dec 9, 2020 |
| Dec 10, 2019 | $2.66348 | Dec 10, 2019 |