Rydex Inverse High Yield Strategy Fund Class A (RYILX)
| Fund Assets | 1.20M |
| Expense Ratio | 1.56% |
| 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 | 47.46 |
| YTD Return | -2.14% |
| 1-Year Return | -1.22% |
| 5-Year Return | -11.00% |
| 52-Week Low | 47.05 |
| 52-Week High | 50.48 |
| Beta (5Y) | -0.45 |
| Holdings | 9 |
| Inception Date | Apr 16, 2007 |
About RYILX
Rydex Inverse High Yield Strategy Fund Class A is a mutual fund designed to provide inverse exposure to the performance of the high yield bond market. The fund aims for results that inversely correlate, before fees and expenses, to the returns of its benchmark, the Bloomberg U.S. Corporate High Yield Index. To achieve this, the fund uses instruments such as credit default swaps, total return swaps, and bond futures, positioning itself to benefit when the high yield bond market declines in value. This fund is structured for investors seeking alternative risk management strategies or those wishing to hedge exposure to below-investment-grade corporate bonds. It is managed by a team at Security Investors, LLC, part of Guggenheim Investments, with a history of expertise in specialized and alternative investment vehicles. The fund distributes dividends annually and does not focus on delivering regular income. Its role in the financial market is primarily as a tool for inversely tracking movements in the high yield debt sector, helping institutional and sophisticated investors manage credit market risk without direct shorting of underlying securities.
Performance
RYILX had a total return of -1.22% in the past year, including dividends. Since the fund's inception, the average annual return has been -6.89%.
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 Fund Institutional | 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% |