Rydex Precious Metals Fund Class H (RYMPX)
| Fund Assets | 107.85M |
| Expense Ratio | 1.55% |
| Min. Investment | $2,500 |
| Turnover | 387.00% |
| Dividend (ttm) | 3.59 |
| Dividend Yield | 3.12% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 155.05 |
| YTD Return | 47.74% |
| 1-Year Return | 37.87% |
| 5-Year Return | 47.41% |
| 52-Week Low | 99.33 |
| 52-Week High | 155.05 |
| Beta (5Y) | 0.68 |
| Holdings | 40 |
| Inception Date | Aug 1, 2003 |
About RYMPX
Rydex Precious Metals Fund Class H is a mutual fund designed to provide capital appreciation by investing primarily in U.S. and foreign companies operating within the precious metals sector. The fund’s portfolio consists of firms involved in the mining, exploration, or processing of precious metals such as gold, silver, platinum, and palladium. Notably, it allocates a significant portion of its assets to small- and mid-cap companies, which can offer exposure to industry growth and innovation. The fund is team-managed and aims to capture performance trends within the global precious metals industry, making it sensitive to commodity price movements and sector-specific dynamics. Rydex Precious Metals Fund Class H plays a specialized role in the financial market by offering targeted access to an economically important sector, often utilized for diversification purposes or as a hedge against inflation and currency fluctuations. The fund distributes income annually, with expense ratios reflecting the active management and specialized focus required for the sector.
Performance
RYMPX had a total return of 37.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGDAX | Fidelity | Fidelity Advisor Gold Fund - Class A | 0.97% |
| FGDCX | Fidelity | Fidelity Advisor Gold Fund - Class C | 1.72% |
| FGDIX | Fidelity | Fidelity Advisor Gold Fund - Class I | 0.72% |
| FIJDX | Fidelity | Fidelity Advisor Gold Fund - Class Z | 0.60% |
| FGDTX | Fidelity | Fidelity Advisor Gold Fund - Class M | 1.22% |
Top 10 Holdings
58.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Agnico Eagle Mines Limited | AEM | 8.77% |
| Newmont Corporation | NEM | 8.57% |
| Freeport-McMoRan Inc. | FCX | 7.25% |
| Wheaton Precious Metals Corp. | WPM | 6.90% |
| Barrick Mining Corporation | B | 6.02% |
| Kinross Gold Corporation | K | 4.37% |
| Franco-Nevada Corporation | FNV | 4.25% |
| AngloGold Ashanti plc | AU | 4.25% |
| Gold Fields Ltd ADR | EDG.DE | 3.92% |
| Alamos Gold Inc. | AGI | 3.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2023 | $3.59452 | Dec 12, 2023 |
| Dec 20, 2022 | $7.28636 | Dec 20, 2022 |
| Dec 9, 2021 | $7.82236 | Dec 9, 2021 |
| Dec 10, 2020 | $1.51167 | Dec 10, 2020 |
| Dec 11, 2019 | $2.24536 | Dec 11, 2019 |
| Dec 12, 2018 | $0.97582 | Dec 12, 2018 |