Rydex Telecommunications Fund Class C (RYCSX)
| Fund Assets | 10.63M |
| Expense Ratio | 2.42% |
| Min. Investment | $2,500 |
| Turnover | 159.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.21% |
| Dividend Growth | -87.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 42.59 |
| YTD Return | 12.51% |
| 1-Year Return | 30.36% |
| 5-Year Return | 15.15% |
| 52-Week Low | 33.95 |
| 52-Week High | 43.87 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Apr 18, 2001 |
About RYCSX
Rydex Telecommunications Fund Class C is a sector-focused mutual fund that primarily targets capital appreciation by investing at least 80% of its net assets in equity securities of telecommunications companies based in the United States. The fund concentrates on firms engaged in the development, manufacture, or sale of communication services or related equipment, covering a broad spectrum within the telecommunications industry, including wireless operators, broadband providers, and networking hardware firms. Through its specialized mandate, the fund offers exposure to a sector vital for global connectivity and digital infrastructure, reflecting the ongoing evolution of communications technologies. Managed by Security Investors, LLC, it is designed for investors seeking concentrated sector exposure and the potential growth associated with advancements in telecommunications, rather than broad market diversification.
Performance
RYCSX had a total return of 30.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTUTX | Fidelity | Fidelity Advisor Telecommunications Fund - Class M | 1.30% |
| FIJGX | Fidelity | Fidelity Advisor Telecommunications Fund - Class Z | 0.64% |
| FTUCX | Fidelity | Fidelity Advisor Telecommunications Fund - Class C | 1.80% |
| FTUAX | Fidelity | Fidelity Advisor Telecommunications Fund - Class A | 1.05% |
| FWRLX | Fidelity | Fidelity Select Wireless Portfolio | 0.71% |
Top 10 Holdings
79.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Cisco Systems, Inc. | CSCO | 12.44% |
| AT&T Inc. | T | 11.28% |
| Verizon Communications Inc. | VZ | 10.05% |
| Comcast Corporation | CMCSA | 8.92% |
| T-Mobile US, Inc. | TMUS | 8.21% |
| Arista Networks Inc | ANET | 7.80% |
| Charter Communications, Inc. | CHTR | 6.47% |
| Motorola Solutions, Inc. | MSI | 5.99% |
| Roku, Inc. | ROKU | 4.27% |
| Juniper Networks, Inc. | JNPR | 4.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.0889 | Dec 12, 2024 |
| Dec 12, 2023 | $0.69181 | Dec 12, 2023 |
| Dec 20, 2022 | $0.6027 | Dec 20, 2022 |
| Dec 9, 2021 | $0.24349 | Dec 9, 2021 |
| Dec 10, 2020 | $1.14794 | Dec 10, 2020 |
| Dec 11, 2019 | $1.76145 | Dec 11, 2019 |