Rydex Nova Fund - Investor Class (RYNVX)
| Fund Assets | 251.60M |
| Expense Ratio | 1.41% |
| Min. Investment | $2,500 |
| Turnover | 583.00% |
| Dividend (ttm) | 1.34 |
| Dividend Yield | 0.67% |
| Dividend Growth | 37.64% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 200.92 |
| YTD Return | 12.64% |
| 1-Year Return | 28.11% |
| 5-Year Return | 95.45% |
| 52-Week Low | 157.16 |
| 52-Week High | 206.01 |
| Beta (5Y) | 1.58 |
| Holdings | 515 |
| Inception Date | Jul 12, 1993 |
About RYNVX
The Rydex Nova Fund Investor Class is a leveraged mutual fund designed to provide investment returns that equal 150% of the daily performance of the S&P 500 Index, before fees and expenses. As a trading—leveraged equity fund, it employs a strategy of investing primarily in large-cap U.S. equities, often utilizing derivatives to achieve its daily leveraged exposure. The fund’s objective is to magnify the movements of the S&P 500 on a daily basis, making it distinct from traditional index funds that aim to match the benchmark’s performance without leverage. The Rydex Nova Fund Investor Class is categorized as non-diversified, meaning it may concentrate a greater portion of assets in specific holdings compared to diversified funds. It features a relatively high turnover rate and targets those seeking amplified exposure to large-cap U.S. stocks, such as technology, consumer cyclical, and communication services companies—its top holdings often include prominent firms like Microsoft, Apple, and NVIDIA. This fund serves a specialized role in the market by offering a tactical tool for investors looking to express a bullish, leveraged view on the S&P 500 over short-term horizons.
Performance
RYNVX had a total return of 28.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.48%.
Top 10 Holdings
34.99% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 5.57% |
| Apple Inc. | AAPL | 4.89% |
| United States Treasury Bills - B 0 04/02/26 | B.0 04.02.26 | 4.64% |
| Microsoft Corporation | MSFT | 3.61% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 3.42% |
| United States Treasury Bills - B 0 06/16/26 | n/a | 3.22% |
| Amazon.com, Inc. | AMZN | 2.67% |
| Guggenheim Ultra Short Income ETF | GFSBX | 2.58% |
| Alphabet Inc. | GOOGL | 2.20% |
| J.P. MORGAN SECURITIES LLC TRI PARTY | n/a | 2.19% |
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 |