Rydex Inverse S&P 500® Strategy Fund Class C (RYUCX)
| Fund Assets | 31.63M |
| Expense Ratio | 2.43% |
| Min. Investment | $2,500 |
| Turnover | 114.00% |
| Dividend (ttm) | 7.53 |
| Dividend Yield | 9.56% |
| Dividend Growth | 97.37% |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 78.40 |
| YTD Return | -6.21% |
| 1-Year Return | -13.03% |
| 5-Year Return | -48.90% |
| 52-Week Low | 77.59 |
| 52-Week High | 101.95 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Mar 15, 2001 |
About RYUCX
Rydex Series Funds, Inverse S&P 500 Strategy Fund C Class is a mutual fund designed to deliver daily investment performance that inversely corresponds to the returns of the S&P 500 Index, before fees and expenses. Functioning as an inverse or "short" strategy, the fund aims to appreciate in value when the S&P 500 declines and decrease when the index rises. It is primarily used for hedging market exposure or for investors seeking to profit from downward movements in large-cap U.S. equities. The fund predominantly holds a mix of derivative instruments and cash equivalents to achieve its objective, rather than directly holding the index’s components. It serves a specialized role in the financial market by providing a tactical tool for risk management and short-term trading strategies, particularly during periods of anticipated market volatility or downturns. The fund’s C Class shares are structured with a particular fee schedule, making them suitable for investors with specific time horizons or preferences regarding sales charges. It is important to note that the fund’s daily objective means returns may diverge from the inverse of the S&P 500 over longer periods due to compounding and rebalancing effects.
Performance
RYUCX had a total return of -13.03% in the past year, including dividends. Since the fund's inception, the average annual return has been -11.32%.
Top 10 Holdings
87.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 4.225% | FHLBDN.0 04.10.17 | 15.44% |
| Guggenheim Strategy II | n/a | 14.42% |
| Guggenheim Ultra Short Duration Fund Institutional | GIYIX | 9.46% |
| United States Treasury Bills 4.23% | B.0 04.24.25 | 9.25% |
| United States Treasury Bills 4.22% | B.0 05.06.25 | 9.24% |
| J.P. Morgan Securities Llc | n/a | 7.73% |
| Bofa Securities, Inc. | n/a | 5.93% |
| Federal Home Loan Banks 4.38% | FHLB.F 06.20.25 0000 | 5.52% |
| United States Treasury Bills | B.0 06.12.25 | 5.36% |
| United States Treasury Bills 4.26% | B.0 04.03.25 | 5.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $7.53065 | Dec 12, 2024 |
| Dec 12, 2023 | $3.81542 | Dec 12, 2023 |
| Dec 10, 2020 | $0.7701 | Dec 10, 2020 |
| Dec 11, 2019 | $2.10825 | Dec 11, 2019 |
| Dec 16, 2009 | $1.674 | Dec 16, 2009 |
| Dec 4, 2008 | $24.96301 | Dec 4, 2008 |