Rydex Inverse Mid-Cap Strategy C (RYCLX)
| Fund Assets | 37.30M |
| Expense Ratio | 1.59% |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 8.50 |
| Dividend Yield | 26.50% |
| Dividend Growth | 109.27% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 31.70 |
| YTD Return | -80.56% |
| 1-Year Return | -80.91% |
| 5-Year Return | -88.96% |
| 52-Week Low | 31.70 |
| 52-Week High | 212.35 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 20, 2004 |
About RYCLX
Rydex Inverse Mid-Cap Strategy Fund Class C is a mutual fund structured to deliver investment results that correspond, before fees and expenses, to the inverse of the daily performance of the S&P MidCap 400 Index. Its primary function is to offer investors a tool to potentially profit from or hedge against declines in mid-cap U.S. equities, as represented by the S&P MidCap 400. The fund utilizes derivatives and other financial instruments to achieve its inverse exposure, making it distinct from traditional long-only equity funds. This unique structure allows market participants to express a negative view on mid-cap stocks or to diversify risk during periods of anticipated market volatility. The fund distributes income on an annual basis and is managed by Security Investors, LLC, with a gross expense ratio of 1.59%. Since its inception in 2004, the fund has served as a tactical asset for institutional investors and sophisticated individuals seeking inverse equity exposure within their portfolios.
Performance
RYCLX had a total return of -80.91% in the past year, including dividends. Since the fund's inception, the average annual return has been -18.61%.
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 |