Rydex Nova Fund Class C (RYNCX)
| Fund Assets | 267.13M |
| Expense Ratio | 2.43% |
| Min. Investment | $2,500 |
| Turnover | 180.00% |
| Dividend (ttm) | 1.34 |
| Dividend Yield | 1.10% |
| Dividend Growth | 37.64% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 122.39 |
| YTD Return | -0.69% |
| 1-Year Return | 14.91% |
| 5-Year Return | 92.71% |
| 52-Week Low | 78.90 |
| 52-Week High | 126.74 |
| Beta (5Y) | n/a |
| Holdings | 517 |
| Inception Date | Mar 14, 2001 |
About RYNCX
Rydex Series Funds Nova Fund Class C is an open-end mutual fund designed to deliver leveraged exposure to the S&P 500 Index. Its primary objective is to provide investment results that correspond, before fees and expenses, to 150% of the daily performance of the S&P 500, making it a leveraged fund tailored for investors seeking amplified returns relative to this widely followed benchmark. The fund achieves its leveraged objective through the use of financial instruments and derivatives, enabling it to magnify gains and losses on a daily basis. This daily reset means the fund's returns over longer periods may differ significantly from 1.5x the longer-term returns of the S&P 500 due to compounding effects. Managed by a team at Guggenheim Investments, the fund pays income distributions annually and maintains a net expense ratio of 2.43%. Rydex Series Funds Nova Fund Class C plays a specialized role in the financial market, providing tools for tactical asset allocation, market timing strategies, and portfolio hedging for those with a strong understanding of leverage and associated risks.
Performance
RYNCX had a total return of 14.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.66%.
Top 10 Holdings
63.17% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 12.03% |
| Microsoft Corporation | MSFT | 10.17% |
| Apple Inc. | AAPL | 9.98% |
| Amazon.com, Inc. | AMZN | 5.63% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 5.47% |
| Meta Platforms, Inc. | META | 4.21% |
| Guggenheim Strategy II | n/a | 4.15% |
| Broadcom Inc. | AVGO | 4.10% |
| Alphabet Inc. | GOOGL | 3.74% |
| United States Treasury Bills 4.05% | B.0 10.28.25 | 3.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $1.34134 | Dec 16, 2025 |
| Dec 12, 2024 | $0.97453 | Dec 12, 2024 |
| Dec 12, 2023 | $0.65964 | Dec 12, 2023 |
| Dec 20, 2022 | $18.31649 | Dec 20, 2022 |
| Dec 9, 2021 | $13.11454 | Dec 9, 2021 |
| Dec 10, 2020 | $0.58714 | Dec 10, 2020 |