Rydex Inverse High Yield Strategy Fund Class C (RYIYX)
| Fund Assets | 593.14K |
| Expense Ratio | 2.31% |
| 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 | 40.26 |
| YTD Return | 0.15% |
| 1-Year Return | -4.32% |
| 5-Year Return | -6.88% |
| 52-Week Low | 40.17 |
| 52-Week High | 43.92 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Apr 16, 2007 |
About RYIYX
Rydex Inverse High Yield Strategy Fund Class C is a mutual fund designed to provide inverse exposure to the high yield bond market. Its primary function is to capitalize on declines in the high yield bond market by utilizing financial instruments such as credit default swaps, futures, and swaps on ETFs. This strategy allows investors to hedge against potential downturns in the high yield sector, which often involves investing in bonds with higher credit risk. The fund plays a significant role in the financial market by offering a tool for managing risk and diversifying investment portfolios. By targeting inverse performance, it provides a unique opportunity for investors seeking to mitigate exposure to market volatility in the high yield bond space.
Performance
RYIYX had a total return of -4.32% in the past year, including dividends. Since the fund's inception, the average annual return has been -6.74%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 26.46% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 24.46% |
| Guggenheim Strategy II | n/a | 24.41% |
| Bofa Securities, Inc. | n/a | 19.04% |
| Cash | n/a | 12.43% |
| United States Treasury Bills 3.92% | B.0 10.14.25 | 1.02% |
| 5 Year Treasury Note Future Dec 25 | n/a | -0.06% |
| Cdx.Na.Hy.45.V1 | n/a | -0.15% |
| Other Assets & Liabilities | n/a | -7.61% |