Rydex Precious Metals Fund Class C (RYZCX)
| Fund Assets | 107.85M |
| Expense Ratio | 2.30% |
| Min. Investment | $2,500 |
| Turnover | 387.00% |
| Dividend (ttm) | 3.59 |
| Dividend Yield | 3.86% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 119.20 |
| YTD Return | 49.31% |
| 1-Year Return | 38.96% |
| 5-Year Return | 39.67% |
| 52-Week Low | 80.31 |
| 52-Week High | 124.85 |
| Beta (5Y) | n/a |
| Holdings | 40 |
| Inception Date | Apr 27, 2001 |
About RYZCX
Rydex Precious Metals Fund Class C is an equity mutual fund designed to provide capital appreciation by investing primarily in U.S. and international companies associated with the precious metals sector. The fund allocates at least 80% of its net assets to firms involved in the extraction, exploration, and processing of precious metals such as gold, silver, and platinum. Notably, it may hold significant positions in companies with small to mid-sized market capitalizations, offering exposure to niche and growth-oriented players within the industry. As a non-diversified fund, it concentrates its holdings, allowing for potentially stronger impacts—positive or negative—from its top investments. Managed by a team, the fund is structured to capitalize on opportunities within the precious metals space, which often serves as a hedge against economic uncertainty and inflation. Annual distributions, a relatively high expense ratio, and a focus on sector-specific equities characterize its operational approach, making it a targeted vehicle for investors seeking exposure to global precious metals markets.
Performance
RYZCX had a total return of 38.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.95%.
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 |