Rydex Inverse Mid-Cap Strategy Fund Class H (RYMHX)
| Fund Assets | 171.72K |
| Expense Ratio | 1.64% |
| Min. Investment | $2,500 |
| Turnover | 24.00% |
| Dividend (ttm) | 8.50 |
| Dividend Yield | 22.10% |
| Dividend Growth | 109.27% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 38.66 |
| YTD Return | -80.54% |
| 1-Year Return | -81.48% |
| 5-Year Return | -89.67% |
| 52-Week Low | 38.44 |
| 52-Week High | 259.40 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Feb 20, 2004 |
About RYMHX
Rydex Inverse Mid-Cap Strategy Fund Class H is a mutual fund designed to deliver investment results that correspond, before fees and expenses, to the inverse of the daily performance of the S&P MidCap 400 Index. By seeking to move in the opposite direction of this benchmark, the fund serves as a tool for investors aiming to hedge exposure or take advantage of declines within the mid-cap segment of the U.S. equity market. The fund employs a team-managed approach and may use derivatives and other financial instruments to achieve its inverse correlation on a daily basis. It distributes income annually if applicable and is structured for investors seeking to manage risk or seek returns in varying market conditions, specifically when anticipating downward movements in mid-cap stocks. This distinct strategy positions the fund as a specialized option within the landscape of alternative, tactical investment solutions targeting the mid-cap sector of the equity market.
Performance
RYMHX had a total return of -81.48% in the past year, including dividends. Since the fund's inception, the average annual return has been -18.27%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| J.P. Morgan Securities Llc | n/a | 43.43% |
| Bofa Securities, Inc. | n/a | 33.28% |
| Guggenheim Strategy II | n/a | 27.73% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 25.64% |
| S&P Midcap 400 Index | n/a | 0.79% |
| S&P Midcap 400 Index | n/a | 0.76% |
| Cash | n/a | 0.72% |
| S&P Midcap 400 Index | n/a | 0.70% |
| Other Assets & Liabilities | n/a | -33.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $8.49501 | Dec 12, 2024 |
| Dec 12, 2023 | $4.05927 | Dec 12, 2023 |
| Dec 9, 2020 | $0.48824 | Dec 9, 2020 |
| Dec 10, 2019 | $0.77766 | Dec 10, 2019 |
| Dec 4, 2008 | $0.537 | Dec 4, 2008 |
| Dec 6, 2007 | $9.378 | Dec 6, 2007 |