Rydex S&P MidCap 400 Pure Growth Fund Class A (RYMGX)
| Fund Assets | 33.44M |
| Expense Ratio | 1.55% |
| Min. Investment | $2,500 |
| Turnover | 1,337.00% |
| Dividend (ttm) | 7.50 |
| Dividend Yield | 13.39% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 61.49 |
| YTD Return | 16.13% |
| 1-Year Return | 22.88% |
| 5-Year Return | 32.76% |
| 52-Week Low | 49.74 |
| 52-Week High | 64.80 |
| Beta (5Y) | 1.23 |
| Holdings | 97 |
| Inception Date | Sep 1, 2004 |
About RYMGX
Rydex S&P MidCap 400 Pure Growth Fund Class A is a mutual fund designed to mirror the daily performance of the S&P MidCap 400 Pure Growth Index. This fund primarily targets U.S.-based mid-cap companies that exhibit strong growth characteristics, such as rapid earnings, sales, and cash flow expansions. By tracking its benchmark, the fund offers investors focused exposure to the mid-cap growth segment, which sits between large and small-cap equities in terms of market capitalization. Managed by a team of professionals and advised by Security Investors, LLC, the fund emphasizes diversification within mid-sized businesses that are considered leaders in innovation and expansion. Its annual distributions consist mainly of capital gains, reflecting its growth orientation rather than income generation. The Rydex S&P MidCap 400 Pure Growth Fund Class A plays a significant role for market participants seeking access to the distinct dynamics of mid-cap growth equities, which often combine higher growth potential with moderate volatility compared to other market segments.
Performance
RYMGX had a total return of 22.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.65%.
Top 10 Holdings
15.21% of assets| Name | Symbol | Weight |
|---|---|---|
| TechnipFMC plc | FTI | 1.78% |
| Valaris Limited | VAL | 1.77% |
| Arrowhead Pharmaceuticals, Inc. | ARWR | 1.57% |
| Woodward, Inc. | WWD | 1.54% |
| MasTec, Inc. | MTZ | 1.49% |
| Five Below, Inc. | FIVE | 1.46% |
| InterDigital, Inc. | IDCC | 1.46% |
| Carpenter Technology Corporation | CRS | 1.44% |
| Halozyme Therapeutics, Inc. | HALO | 1.38% |
| Sterling Infrastructure, Inc. | STRL | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.50297 | Dec 12, 2024 |
| Dec 20, 2022 | $4.68287 | Dec 20, 2022 |
| Dec 9, 2021 | $6.63299 | Dec 9, 2021 |
| Dec 10, 2020 | $0.63775 | Dec 10, 2020 |
| Dec 12, 2018 | $6.39271 | Dec 12, 2018 |
| Dec 14, 2017 | $3.56233 | Dec 14, 2017 |