Rydex Telecommunications Fund Class H (RYMAX)
| Fund Assets | 10.63M |
| Expense Ratio | 1.67% |
| Min. Investment | $2,500 |
| Turnover | 159.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.18% |
| Dividend Growth | -87.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 49.76 |
| YTD Return | 13.03% |
| 1-Year Return | 31.35% |
| 5-Year Return | 19.54% |
| 52-Week Low | 39.37 |
| 52-Week High | 51.25 |
| Beta (5Y) | 0.90 |
| Holdings | 45 |
| Inception Date | Apr 1, 1998 |
About RYMAX
Rydex Series Funds Telecommunications Fund H Class is a sector-focused mutual fund that seeks capital appreciation by investing primarily in companies involved in the development, manufacture, or sale of communication services and related technologies. Managed by Security Investors, LLC, the fund allocates at least 80% of its assets to equity securities of telecommunications companies that are publicly traded in the United States. Its portfolio often features leading firms within the communications and technology sectors, including major wireless carriers, cable operators, and network infrastructure providers. Key holdings typically include industry leaders such as AT&T, Cisco Systems, Verizon, and Comcast, reflecting a strong emphasis on both traditional telecommunications services and innovative networking technologies. The fund employs an actively managed strategy, utilizing proprietary research to select holdings and adjusting allocations in response to market conditions. With a relatively high turnover rate, it aims to capture sector trends and shifts in technology usage. The Telecommunications Fund H Class plays a specialized role in the market, offering targeted exposure to the communications sector, which is critical to the functioning of global information networks and digital connectivity.
Performance
RYMAX had a total return of 31.35% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.77%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTUTX | Fidelity | Fidelity Advisor Telecommunications Fund - Class M | 1.30% |
| FIJGX | Fidelity | Fidelity Advisor Telecommunications Fund - Class Z | 0.64% |
| FTUCX | Fidelity | Fidelity Advisor Telecommunications Fund - Class C | 1.80% |
| FTUAX | Fidelity | Fidelity Advisor Telecommunications Fund - Class A | 1.05% |
| FWRLX | Fidelity | Fidelity Select Wireless Portfolio | 0.71% |
Top 10 Holdings
79.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Cisco Systems, Inc. | CSCO | 12.44% |
| AT&T Inc. | T | 11.28% |
| Verizon Communications Inc. | VZ | 10.05% |
| Comcast Corporation | CMCSA | 8.92% |
| T-Mobile US, Inc. | TMUS | 8.21% |
| Arista Networks Inc | ANET | 7.80% |
| Charter Communications, Inc. | CHTR | 6.47% |
| Motorola Solutions, Inc. | MSI | 5.99% |
| Roku, Inc. | ROKU | 4.27% |
| Juniper Networks, Inc. | JNPR | 4.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.0889 | Dec 12, 2024 |
| Dec 12, 2023 | $0.69181 | Dec 12, 2023 |
| Dec 20, 2022 | $0.6027 | Dec 20, 2022 |
| Dec 9, 2021 | $0.24349 | Dec 9, 2021 |
| Dec 10, 2020 | $1.14794 | Dec 10, 2020 |
| Dec 11, 2019 | $1.76145 | Dec 11, 2019 |