Rydex Inverse High Yield Strategy H (RYIHX)
| Fund Assets | 699.12K |
| Expense Ratio | 1.57% |
| Min. Investment | $2,500 |
| Turnover | 344.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 47.71 |
| YTD Return | -4.50% |
| 1-Year Return | -1.73% |
| 5-Year Return | -9.07% |
| 52-Week Low | 47.71 |
| 52-Week High | 51.77 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Apr 16, 2007 |
About RYIHX
The Rydex Inverse High Yield Strategy Fund Class H is a specialized mutual fund designed to provide investors with inverse exposure to the performance of the high yield bond market. Operated by a team of investment professionals, this fund seeks to generate returns that move in the opposite direction of the high yield (or “junk”) bond segment, primarily by utilizing credit default swaps, futures, and other derivative instruments tied to underlying debt indices such as the Bloomberg U.S. Corporate High Yield Index. As a result, the fund appeals to investors aiming to hedge against or profit from declines in speculative-grade fixed income markets. Notably, Rydex Inverse High Yield Strategy Fund Class H does not typically distribute yield to shareholders, instead focusing on capital appreciation or depreciation through market movements. It is characterized by active management, high portfolio turnover, and a concentrated allocation in cash and cash equivalents, alongside its derivative positions. This fund fills a niche by allowing market participants to express bearish views on high yield debt without having to short individual securities, making it a tool for sophisticated portfolios seeking differentiated fixed income exposure and risk management strategies.
Performance
RYIHX had a total return of -1.73% in the past year, including dividends. Since the fund's inception, the average annual return has been -7.21%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 46.42% |
| Bofa Securities, Inc. | n/a | 35.58% |
| Cash | n/a | 10.39% |
| Guggenheim Strategy II | n/a | 5.87% |
| Guggenheim Ultra Short Duration Instl | GIYIX | 5.86% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 1.08% |
| Cdx.Na.Hy.44.V1 | n/a | 0.56% |
| 5 Year Treasury Note Future June 25 | n/a | -0.49% |
| Other Assets & Liabilities | n/a | -5.27% |