Rydex S&P 500 2x Strategy Fund Class C (RYCTX)
| Fund Assets | 189.35M |
| Expense Ratio | 2.61% |
| Min. Investment | $2,500 |
| Turnover | 1,197.00% |
| Dividend (ttm) | 17.62 |
| Dividend Yield | 6.40% |
| Dividend Growth | 5,081.64% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 286.90 |
| YTD Return | 9.41% |
| 1-Year Return | 23.95% |
| 5-Year Return | 178.81% |
| 52-Week Low | 181.68 |
| 52-Week High | 298.42 |
| Beta (5Y) | n/a |
| Holdings | 516 |
| Inception Date | Nov 27, 2000 |
About RYCTX
The Rydex S&P 500 2x Strategy Fund Class C is a leveraged mutual fund designed to deliver daily investment results that correspond to 200% of the performance of the S&P 500 Index, before fees and expenses. This means that on any given trading day, the fund aims to double the return of the S&P 500, making it a tool for investors seeking amplified exposure to U.S. large-cap equities. The underlying portfolio primarily comprises companies included in the S&P 500, representing a broad cross-section of major American industries and sectors. Managed by Security Investors, LLC and distributed by Guggenheim Funds Distributors, the fund is categorized within the leveraged equity segment, emphasizing both capital appreciation and capital preservation strategies. With an inception date of November 27, 2000, and annual distributions if applicable, this fund serves a specific role for those seeking short-term tactical opportunities in the market, rather than traditional long-term investing, due to its daily reset and higher risk profile.
Performance
RYCTX had a total return of 23.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.98%.
Top 10 Holdings
40.12% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills | B.0 06.05.25 | 10.90% |
| Apple Inc. | AAPL | 5.85% |
| Microsoft Corporation | MSFT | 4.89% |
| NVIDIA Corporation | NVDA | 4.65% |
| Amazon.com, Inc. | AMZN | 3.14% |
| United States Treasury Bills | B.0 06.12.25 | 2.75% |
| J.P. Morgan Securities Llc | n/a | 2.23% |
| Meta Platforms, Inc. | META | 2.21% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 1.79% |
| Berkshire Hathaway Inc. | BRK.B | 1.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $17.62172 | Dec 12, 2024 |
| Dec 12, 2023 | $0.34008 | Dec 12, 2023 |
| Dec 15, 2021 | $5.87989 | Dec 15, 2021 |
| Dec 16, 2020 | $1.21534 | Dec 16, 2020 |
| Dec 17, 2019 | $2.6931 | Dec 17, 2019 |
| Dec 19, 2017 | $6.33408 | Dec 19, 2017 |