Rydex Basic Materials Fund Class H (RYBAX)
| Fund Assets | 27.53M |
| Expense Ratio | 1.65% |
| Min. Investment | $2,500 |
| Turnover | 49.00% |
| Dividend (ttm) | 1.75 |
| Dividend Yield | 2.20% |
| Dividend Growth | 35.05% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2023 |
| Previous Close | 79.98 |
| YTD Return | 10.07% |
| 1-Year Return | 27.51% |
| 5-Year Return | 69.56% |
| 52-Week Low | 64.52 |
| 52-Week High | 81.47 |
| Beta (5Y) | 1.21 |
| Holdings | 91 |
| 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 27.51% in the past year. Since the fund's inception, the average annual return has been 5.97%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMFEX | Fidelity | Fidelity Advisor Materials Fund - Class I | 0.72% |
| FSCHX | Fidelity | Fidelity Select Chemicals Portfolio | 0.70% |
| FMFAX | Fidelity | Fidelity Advisor Materials Fund - Class A | 0.99% |
| FSDPX | Fidelity | Fidelity Select Materials Portfolio | 0.71% |
| FMFCX | Fidelity | Fidelity Advisor Materials Fund - Class C | 1.74% |
Top 10 Holdings
26.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Linde plc | LIN | 4.78% |
| The Sherwin-Williams Company | SHW | 3.11% |
| Newmont Corporation | NEM | 2.70% |
| CRH plc | CRH | 2.52% |
| Ecolab Inc. | ECL | 2.48% |
| Air Products and Chemicals, Inc. | APD | 2.34% |
| Freeport-McMoRan Inc. | FCX | 2.33% |
| Corteva, Inc. | CTVA | 1.99% |
| First American Government Obligs X | FGXXX | 1.94% |
| Barrick Gold Corporation | ABX | 1.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 11, 2018 | $0.82453 | Dec 11, 2018 |