Rydex Transportation C (RYCNX)
| Fund Assets | 6.05M |
| Expense Ratio | 2.40% |
| Min. Investment | $2,500 |
| Turnover | 100.00% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 1.64% |
| Dividend Growth | 750.88% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 47.16 |
| YTD Return | 4.88% |
| 1-Year Return | 14.66% |
| 5-Year Return | 24.91% |
| 52-Week Low | 33.35 |
| 52-Week High | 47.16 |
| Beta (5Y) | 1.37 |
| Holdings | 78 |
| Inception Date | May 14, 2001 |
About RYCNX
The Rydex Transportation Fund is a sector-specific mutual fund focused on capital appreciation by investing primarily in companies engaged in the transportation industry. This includes firms providing transportation services as well as those involved in the design, manufacture, distribution, or sale of transportation equipment. The fund typically holds a concentrated portfolio, allocating at least 80% of its net assets to equities within this sector, spanning industries such as railroads, airlines, shipping, logistics, automotive manufacturing, and related infrastructure. This non-diversified structure means the fund may invest a significant portion of assets in a small number of issuers, increasing both potential reward and risk exposure within the sector. Managed by Security Investors, LLC, and distributed by Guggenheim Investments, the fund is notable for offering targeted exposure to an economic segment that is closely linked to broader industrial activity and economic cycles. Its annual dividend distribution and higher expense ratio reflect its specialized investment approach and active management style, serving investors seeking to participate directly in the performance of the transportation sector.
Performance
RYCNX had a total return of 14.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
43.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 10.87% |
| First American Government Obligations Fund | FGXXX | 6.12% |
| Uber Technologies, Inc. | UBER | 5.39% |
| Union Pacific Corporation | UNP | 4.33% |
| United Parcel Service, Inc. | UPS | 3.39% |
| CSX Corporation | CSX | 2.88% |
| Norfolk Southern Corporation | NSC | 2.81% |
| FedEx Corporation | FDX | 2.60% |
| General Motors Company | GM | 2.53% |
| Ford Motor Company | F | 2.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.77566 | Dec 12, 2024 |
| Dec 12, 2023 | $0.09116 | Dec 12, 2023 |
| Dec 20, 2022 | $4.7093 | Dec 20, 2022 |
| Dec 9, 2021 | $9.68832 | Dec 9, 2021 |
| Dec 11, 2019 | $1.91827 | Dec 11, 2019 |
| Dec 12, 2018 | $5.08535 | Dec 12, 2018 |