Rydex Telecommunications Fund Class A (RYTLX)
| Fund Assets | 5.24M |
| Expense Ratio | 1.66% |
| Min. Investment | $2,500 |
| Turnover | 159.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.17% |
| Dividend Growth | -87.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 50.11 |
| YTD Return | 11.21% |
| 1-Year Return | 29.23% |
| 5-Year Return | 17.67% |
| 52-Week Low | 40.51 |
| 52-Week High | 52.74 |
| Beta (5Y) | n/a |
| Holdings | 47 |
| Inception Date | Sep 1, 2004 |
About RYTLX
Rydex Telecommunications Fund Class A is a sector-focused mutual fund that primarily seeks capital appreciation by investing at least 80% of its net assets in equity securities of telecommunications companies within the United States. The fund targets firms engaged in developing, manufacturing, or providing communication services and related products, spanning traditional telecom operators, wireless service providers, and companies at the forefront of networking technology. Managed by Security Investors, LLC, the fund utilizes a non-diversified strategy, allowing for significant concentration in select telecommunications issuers, which may lead to higher volatility relative to more diversified funds. The Rydex Telecommunications Fund Class A plays a specialized role in the financial market by offering investors targeted exposure to the communications sector, serving as a potential tool for portfolio diversification or for those seeking to align investments with the ongoing evolution in global connectivity and digital infrastructure.
Performance
RYTLX had a total return of 29.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTUTX | Fidelity | Fidelity Advisor Telecommunications Fund - Class M | 1.30% |
| FIJGX | Fidelity | Fidelity Advisor Telecommunications Fund - Class Z | 0.64% |
| FTUCX | Fidelity | Fidelity Advisor Telecommunications Fund - Class C | 1.80% |
| FTUAX | Fidelity | Fidelity Advisor Telecommunications Fund - Class A | 1.05% |
| FWRLX | Fidelity | Fidelity Select Wireless Portfolio | 0.71% |
Top 10 Holdings
55.95% of assets| Name | Symbol | Weight |
|---|---|---|
| AT&T Inc. | T | 9.07% |
| Cisco Systems, Inc. | CSCO | 8.29% |
| Verizon Communications Inc. | VZ | 7.70% |
| Comcast Corporation | CMCSA | 6.34% |
| T-Mobile US, Inc. | TMUS | 6.03% |
| Charter Communications, Inc. | CHTR | 4.58% |
| Arista Networks Inc | ANET | 4.54% |
| Motorola Solutions, Inc. | MSI | 4.34% |
| Liberty Broadband Corporation | LBRDK | 2.60% |
| Juniper Networks, Inc. | JNPR | 2.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.0889 | Dec 12, 2024 |
| Dec 12, 2023 | $0.69181 | Dec 12, 2023 |
| Dec 20, 2022 | $0.6027 | Dec 20, 2022 |
| Dec 10, 2020 | $1.14794 | Dec 10, 2020 |
| Dec 11, 2019 | $1.76145 | Dec 11, 2019 |
| Dec 12, 2018 | $0.11572 | Dec 12, 2018 |