Rydex Mid-Cap 1.5x Strategy Fund Class H (RYMDX)
| Fund Assets | 11.32M |
| Expense Ratio | 1.71% |
| Min. Investment | $2,500 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 0.74% |
| Dividend Growth | 133.10% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 127.78 |
| YTD Return | -2.91% |
| 1-Year Return | 5.92% |
| 5-Year Return | 108.39% |
| 52-Week Low | 97.18 |
| 52-Week High | 150.96 |
| Beta (5Y) | n/a |
| Holdings | 414 |
| Inception Date | Aug 16, 2001 |
About RYMDX
Rydex Mid-Cap 1.5x Strategy Fund Class H is a leveraged mutual fund designed to provide investors with enhanced exposure to U.S. mid-cap equities. Its primary objective is to deliver investment results that correspond, before fees and expenses, to 150% of the daily performance of the S&P MidCap 400 Index, a widely followed benchmark for mid-capitalization companies in the United States. By employing leverage, the fund amplifies daily movements of the index, making it suited for those seeking tactical allocation or short-term trading strategies, rather than traditional long-term investing. Managed by a team at Security Investors, LLC and distributed by Guggenheim Funds Distributors, LLC, the fund pursues its strategy by utilizing derivatives and other instruments to achieve its 1.5x daily exposure target. It holds a diverse mix of growth and value stocks across various sectors represented in the mid-cap segment, along with cash equivalents and short-term securities to support its strategy. The fund is structured for active traders aiming to capitalize on short-term market trends in the mid-cap space, playing a dynamic role in leveraged equity trading within the broader U.S. financial markets.
Performance
RYMDX had a total return of 5.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.09%.
Top 10 Holdings
26.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 7.74% |
| J.P. Morgan Securities Llc | n/a | 7.64% |
| Bofa Securities, Inc. | n/a | 5.86% |
| Guggenheim Strategy II | n/a | 2.13% |
| United States Treasury Bills | B.0 06.12.25 | 0.86% |
| United States Treasury Bills 4.08% | B.0 04.08.25 | 0.66% |
| RB Global, Inc. | RBA | 0.52% |
| Interactive Brokers Group, Inc. | IBKR | 0.51% |
| Watsco, Inc. | WSO | 0.50% |
| EMCOR Group, Inc. | EME | 0.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.95292 | Dec 12, 2024 |
| Dec 12, 2023 | $0.4088 | Dec 12, 2023 |
| Dec 9, 2021 | $22.11643 | Dec 9, 2021 |
| Dec 10, 2020 | $0.41552 | Dec 10, 2020 |
| Dec 11, 2019 | $0.18579 | Dec 11, 2019 |
| Dec 12, 2018 | $0.41297 | Dec 12, 2018 |