Rydex Inverse S&P 500 2x Strategy Fund Class C (RYCBX)
| Fund Assets | 10.16M |
| Expense Ratio | 2.52% |
| Min. Investment | $2,500 |
| Turnover | 78.00% |
| Dividend (ttm) | 7.51 |
| Dividend Yield | 10.22% |
| Dividend Growth | 35.82% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 74.28 |
| YTD Return | -16.52% |
| 1-Year Return | -21.08% |
| 5-Year Return | -80.48% |
| 52-Week Low | 73.50 |
| 52-Week High | 121.10 |
| Beta (5Y) | -1.91 |
| Holdings | 12 |
| Inception Date | Mar 7, 2001 |
About RYCBX
Rydex Inverse S&P 500 2x Strategy Fund Class C is an open-end mutual fund designed to deliver twice the inverse (or opposite) of the daily performance of the S&P 500 Index, before fees and expenses. Its primary function is to provide leveraged inverse exposure to one of the most widely followed U.S. equity benchmarks, enabling investors to seek profit from short-term declines in the S&P 500’s value. The fund is managed by Security Investors, LLC and distributed by Guggenheim Funds Distributors, LLC. With a strategy that resets daily, the fund is used predominantly for tactical trading and short-term hedging by sophisticated investors and institutions aiming to respond to sharp market moves. This leveraged inverse structure means its performance can diverge significantly from a simple inverse multiple over periods longer than one day due to the effects of daily compounding. Rydex Inverse S&P 500 2x Strategy Fund Class C plays a distinct role in the market by providing a tool for managing directional market exposure and risk, particularly during periods of heightened volatility or market downturns.
Performance
RYCBX had a total return of -21.08% in the past year, including dividends. Since the fund's inception, the average annual return has been -23.58%.
Top 10 Holdings
121.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 4.355% | FHLB.F 05.07.25 0000 | 28.25% |
| United States Treasury Bills | B.0 06.12.25 | 27.55% |
| J.P. Morgan Securities Llc | n/a | 23.43% |
| United States Treasury Bills 4.23% | B.0 04.15.25 | 18.80% |
| Bofa Securities, Inc. | n/a | 17.96% |
| S&P 500 Index | n/a | 2.26% |
| Cash | n/a | 1.39% |
| S&P 500 Index | n/a | 0.74% |
| E-mini S&P 500 Future June 25 | n/a | 0.59% |
| S&P 500 Index | n/a | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.5134 | Dec 12, 2024 |
| Dec 12, 2023 | $5.5318 | Dec 12, 2023 |
| Dec 17, 2019 | $1.56397 | Dec 17, 2019 |
| Dec 8, 2008 | $29.870 | Dec 8, 2008 |
| Dec 7, 2007 | $92.190 | Dec 7, 2007 |
| Dec 20, 2006 | $120.220 | Dec 20, 2006 |