Rydex Banking H (RYKAX)

Fund Assets	11.15M
Expense Ratio	1.65%
Min. Investment	$2,500
Turnover	280.00%
Dividend (ttm)	3.33
Dividend Yield	3.44%
Dividend Growth	169.83%
Payout Frequency	Annual
Ex-Dividend Date	Dec 12, 2024

Previous Close	96.66
YTD Return	11.98%
1-Year Return	13.88%
5-Year Return	100.67%
52-Week Low	72.69
52-Week High	101.84
Beta (5Y)	1.02
Holdings	83
Inception Date	Apr 1, 1998

About RYKAX

The Guggenheim Rydex Banking Fund is an open-end mutual fund focused on providing capital appreciation by investing primarily in companies engaged in the banking sector. This includes commercial banks and their holding companies, positioning the fund to capture trends, performance, and structural changes within the broader financial services industry. The fund adopts a sector-specific approach, allowing investors to target exposure to banking-related equities while leveraging the expertise of a team-managed investment process. The fund is part of Guggenheim Investments' Rydex series, known for offering specialized and flexible sector strategies. By concentrating its holdings in the banking sector, the fund plays a distinctive role in the market by serving investors seeking to align portfolios with the financial sector’s dynamics, performance cycles, and regulatory developments. Given its focus, the fund is particularly sensitive to shifts in interest rates, credit markets, and economic cycles, which are central to banking industry profitability and growth.

• Fund Family: Rydex Funds
• Category: Financial
• Stock Exchange: NASDAQ
• Ticker Symbol: RYKAX
• Share Class: Class H
• Index: S&P 500 TR

Performance

RYKAX had a total return of 13.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.33%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FFSIX	Fidelity	Fidelity Advisor Financials I	0.77%
FSRBX	Fidelity	Fidelity Select Banking	0.71%
FSPCX	Fidelity	Fidelity Select Insurance Port	0.69%
FIKBX	Fidelity	Fidelity Advisor Financials Z	0.64%
FSVLX	Fidelity	Fidelity Select Fintech Port	0.75%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RYKIX	Investor Class	1.39%
RYBKX	Class A	1.65%
RYKCX	Class C	2.41%

Top 10 Holdings

34.94% of assets

Name	Symbol	Weight
Citigroup Inc.	C	4.30%
Capital One Financial Corporation	COF	3.97%
Bank of America Corporation	BAC	3.95%
JPMorgan Chase & Co.	JPM	3.90%
Wells Fargo & Company	WFC	3.87%
The PNC Financial Services Group, Inc.	PNC	3.18%
The Bank of New York Mellon Corporation	BK	3.07%
U.S. Bancorp	USB	2.98%
Nu Holdings Ltd.	NU	2.95%
Truist Financial Corporation	TFC	2.77%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 12, 2024	$3.32733	Dec 12, 2024
Dec 12, 2023	$1.23313	Dec 12, 2023
Dec 20, 2022	$2.5922	Dec 20, 2022
Dec 8, 2021	$0.49619	Dec 8, 2021
Dec 9, 2020	$2.25783	Dec 9, 2020
Dec 10, 2019	$0.51476	Dec 10, 2019