Guggenheim Managed Commodities Strat C
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-10.5%
3 Yr Avg Return
-17.4%
5 Yr Avg Return
N/A
Net Assets
$17.8 M
Holdings in Top 10
21.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.69%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 176.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RYLEX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -17.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.95%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameGuggenheim Managed Commodities Strategy
-
Fund Family NameGuggenheim Investments
-
Inception DateJun 25, 2009
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerB. Scott Minerd
Fund Description
RYLEX - Performance
Return Ranking - Trailing
Period | RYLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 270.1% | N/A |
1 Yr | -10.5% | -64.0% | 270.1% | N/A |
3 Yr | -17.4%* | -41.4% | 115.6% | N/A |
5 Yr | N/A* | -30.7% | 58.6% | N/A |
10 Yr | N/A* | -8.4% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | RYLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.1% | 73.0% | N/A |
2022 | N/A | -76.0% | 74.8% | N/A |
2021 | N/A | -58.1% | 900.0% | N/A |
2020 | N/A | -51.1% | 336.8% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | RYLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 270.1% | N/A |
1 Yr | -11.4% | -64.0% | 270.1% | N/A |
3 Yr | -17.4%* | -30.7% | 115.6% | N/A |
5 Yr | N/A* | -30.7% | 58.6% | N/A |
10 Yr | N/A* | -8.4% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | RYLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.1% | 76.6% | N/A |
2022 | N/A | -30.7% | 76.8% | N/A |
2021 | N/A | -58.1% | 900.0% | N/A |
2020 | N/A | -51.1% | 341.1% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
RYLEX - Holdings
Concentration Analysis
RYLEX | Category Low | Category High | RYLEX % Rank | |
---|---|---|---|---|
Net Assets | 17.8 M | 0 | 814 B | N/A |
Number of Holdings | 13 | 1 | 17358 | N/A |
Net Assets in Top 10 | 3.82 M | -28.8 B | 134 B | N/A |
Weighting of Top 10 | 21.42% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Cfc Long Short Commod 10.64%
- Comm 2007-Fl14 CMO 4.12%
- N-Star Rel Cdo Viii 2006-8 FRN 2.31%
- Banc Amer Large Ln 2007-Bmb1 CMO 1.50%
- Acis Clo 2013-1 Ltd / Acis Clo 144A FRN 1.12%
- Newcastle Cdo Ix 1 2007-10-1 FRN 1.08%
- Gleneagles Clo Ltd 2005-1 FRN 0.56%
- Legg Mason Real Est Cdo 2006-1 FRN 0.09%
Asset Allocation
Weighting | Return Low | Return High | RYLEX % Rank | |
---|---|---|---|---|
Cash | 75.67% | -483.27% | 7388.76% | N/A |
Other | 13.55% | -7288.76% | 493.15% | N/A |
Bonds | 10.78% | -955.59% | 533.06% | N/A |
Stocks | 0.00% | -142.98% | 259.25% | N/A |
Preferred Stocks | 0.00% | -0.12% | 80.89% | N/A |
Convertible Bonds | 0.00% | -0.37% | 166.23% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | RYLEX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 75.67% | -452.21% | 7388.76% | N/A |
Securitized | 9.66% | -35.05% | 159.61% | N/A |
Corporate | 1.12% | -15.73% | 3345.86% | N/A |
Derivative | 0.00% | -511.61% | 48.69% | N/A |
Municipal | 0.00% | 0.00% | 110.18% | N/A |
Government | 0.00% | -3298.93% | 457.08% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RYLEX % Rank | |
---|---|---|---|---|
US | 5.62% | -955.59% | 499.56% | N/A |
Non US | 5.16% | -150.85% | 464.75% | N/A |
RYLEX - Expenses
Operational Fees
RYLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.69% | 0.00% | 928.63% | N/A |
Management Fee | 1.06% | 0.00% | 2.87% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 52000.00% | N/A |
Sales Fees
RYLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 25.00% | N/A |
Deferred Load | 1.00% | 0.25% | 5.50% | N/A |
Trading Fees
RYLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
RYLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 176.00% | 0.00% | 5067.00% | N/A |
RYLEX - Distributions
Dividend Yield Analysis
RYLEX | Category Low | Category High | RYLEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 87.51% | N/A |
Dividend Distribution Analysis
RYLEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
RYLEX | Category Low | Category High | RYLEX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.95% | -46.00% | 10.10% | N/A |
Capital Gain Distribution Analysis
RYLEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
RYLEX - Fund Manager Analysis
Managers
B. Scott Minerd
Start Date
Tenure
Tenure Rank
Jan 29, 2013
1.08
1.1%
Managing Partner, Global Chief Investment Officer Mr. Minerd joined Guggenheim in 1998. In his role as Global Chief Investment Officer, Mr. Minerd guides the firm’s investment strategies and oversees client accounts across a broad range of fixed-income and equity securities. Previously, Mr. Minerd was a Managing Director with Credit Suisse First Boston in charge of trading and risk management for the Fixed Income Credit Trading Group. In this position, he was responsible for the corporate bond, preferred stock, money markets, U.S. government agency and sovereign debt, derivatives securities, structured debt and interest rate swaps trading business units. Prior to that, Mr. Minerd was Morgan Stanley’s London based European Capital Markets Products Trading and Risk Manager responsible for Eurobonds, Euro-MTNs, domestic European Bonds, FRNs, derivative securities and money market products in 12 European currencies and Asian markets. Mr. Minerd has also held capital markets positions with Merrill Lynch and Continental Bank. Prior to that, he was a Certified Public Accountant and worked for the public accounting firm of Price Waterhouse. Mr. Minerd is a member of the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, helping advise the NY Fed President and senior management at the bank about the current financial markets and ways the public and private sectors can better understand and mitigate systematic risks. Mr. Minerd also works with the Organization for Economic Cooperation and Development (OECD), advising on research and analysis of private sector infrastructure investment, and is a contributing member of the World Economic Forum (WEF). He is a regularly featured guest and contributor to leading financial media outlets, including The Wall Street Journal, The Financial Times, Bloomberg, and CNBC, where he shares insights on today’s financial climate. Mr. Minerd holds a B.S. degree in Economics from the Wharton School, University of Pennsylvania, Philadelphia, and has completed graduate work at the University of Chicago Graduate School of Business and the Wharton School, University of Pennsylvania.
Ryan A. Harder
Start Date
Tenure
Tenure Rank
Jun 25, 2009
4.68
4.7%
Harder joined Rydex Investments in 2004 as an assistant portfolio manager, was promoted to portfolio manager in 2005 and has served in his current capacity since 2008. Prior to joining Rydex Investments, he served in various capacities with WestLB Asset Management, including as an assistant portfolio manager, and worked in risk management at CIBC World Markets.He holds a B.A. in Economics from Brock University in Ontario, Canada and a Master of Science in International Securities, Investment and Banking from the ICMA Centre at the University of Reading in the U.K. Harder holds the Chartered Financial Analyst designation.
Jayson B. Flowers
Start Date
Tenure
Tenure Rank
May 01, 2013
0.83
0.8%
Mr. Flowers joined Guggenheim Partners Asset Management LLC (GPAM) in 2001, and serves as the Managing Director of GPAM, heading Guggenheim's Equity and Derivative Strategies. Mr. Flowers has more than 15 years experience in the financial markets with concentration in risk management and trading across various sectors of the capital structure. His investment experience ranges in expertise from structured product investments and asset backed securities, to trading U.S. Government agencies, foreign sovereign debt, commodities, indexed futures, derivative and global equity arbitrage. Prior to working for the Sub-Adviser, Mr. Flowers was a co-founder and partner of Adventure Capital, a boutique venture capital and merchant banking company. Previously Mr. Flowers was at Credit Suisse First Boston, Dominick & Dominick Inc., and Coopers & Lybrand. Mr. Flowers holds a BA in Economics from Union Colleg
Michael P. Byrum
Start Date
Tenure
Tenure Rank
Jun 25, 2009
4.68
4.7%
Byrum is president and CIO of Rydex Investments, his employer since its foundation in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003. He was named Vice President of Portfolio for Rydex Investments in 1998, and Executive Vice President in 2000. Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Prior to joining Rydex Advisors, LLC, Mr. Byrum worked for Money Management Associates, Rydex Advisors, LLC for Rushmore Funds, Inc. He holds a degree in finance from Miami University of Ohio and is a member of the CFA Institute and the Washington Society of Investment Analysts.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 43.76 | 4.66 | 4.5 |