Rydex Inverse Government Long Bond Strategy Fund Class C (RYJCX)
| Fund Assets | 17.69M |
| Expense Ratio | 5.71% |
| Min. Investment | $2,500 |
| Turnover | 643.00% |
| Dividend (ttm) | 15.29 |
| Dividend Yield | 9.91% |
| Dividend Growth | 571.15% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 155.89 |
| YTD Return | 2.37% |
| 1-Year Return | 10.38% |
| 5-Year Return | 95.34% |
| 52-Week Low | 143.10 |
| 52-Week High | 163.06 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Mar 28, 2001 |
About RYJCX
The Rydex Inverse Government Long Bond Strategy Fund Class C is a mutual fund designed to provide investment returns that move inversely to the daily price movements of the U.S. Treasury's long-term bonds, specifically targeting the 30-Year Treasury Bond. This fund employs a combination of short positions and derivative instruments—including futures and swaps—to achieve its inverse exposure, meaning it aims to increase in value when long-term U.S. government bond prices fall and decrease when those prices rise. The fund is team-managed and belongs to a category of trading-oriented funds that seek to profit from declines in bond prices, often appealing to investors seeking a tactical allocation during periods of rising interest rates or adverse bond market conditions. With a relatively high net expense ratio, the fund primarily serves as a tool for sophisticated investors who wish to hedge interest rate risk or express a bearish view on long-term Treasury bonds, rather than as a long-term core holding. Its strategy and structure make it most relevant for those seeking inverse fixed-income exposure for short-term market positioning.
Performance
RYJCX had a total return of 10.38% in the past year, including dividends. Since the fund's inception, the average annual return has been -5.35%.
Top 10 Holdings
187.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Barclays Capital, Inc. | n/a | 43.27% |
| Mizuho Securities USA LLC | n/a | 41.36% |
| Guggenheim Strategy II | n/a | 21.46% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 20.57% |
| Federal Home Loan Banks 4.25% | FHLBDN.0 04.25.17 | 17.68% |
| J.P. Morgan Securities Llc | n/a | 13.19% |
| Federal Home Loan Banks 4.23% | FHLBDN.0 04.10.17 | 12.54% |
| Bofa Securities, Inc. | n/a | 10.11% |
| Federal Farm Credit Banks 4.36% | FFCB.F 11.06.25 0000 | 6.28% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $15.29225 | Dec 12, 2024 |
| Dec 12, 2023 | $2.2785 | Dec 12, 2023 |
| Dec 9, 2020 | $0.44016 | Dec 9, 2020 |
| Dec 6, 2007 | $3.2895 | Dec 6, 2007 |
| Dec 20, 2006 | $3.148 | Dec 20, 2006 |