RYCUX: Rydex Utilities C

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RYCUX Rydex Utilities C


Profile

RYCUX - Profile

Vitals

  • YTD Return 6.4%
  • 3 Yr Annualized Return 9.0%
  • 5 Yr Annualized Return 5.3%
  • Net Assets $82.2 M
  • Holdings in Top 10 36.4%

52 WEEK LOW AND HIGH

$40.28
$34.56
$41.10

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.46%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 390.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Utilities

Distributions

  • YTD Total Return 6.4%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Rydex Utilities Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Apr 27, 2001
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Byrum

Fund Description

Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Utilities Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Utilities Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Utilities Companies and U.S. government securities.


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Categories

Performance

RYCUX - Performance

Return Ranking - Trailing

Period RYCUX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.4% -1.1% 7.2% 33.33%
1 Yr 16.5% -3.5% 21.0% 44.44%
3 Yr 9.0%* -6.3% 10.5% 20.00%
5 Yr 5.3%* -6.6% 9.1% 38.78%
10 Yr 6.3%* -6.7% 9.4% 55.00%

* Annualized

Return Ranking - Calendar

Period RYCUX Return Category Return Low Category Return High Rank in Category (%)
2019 16.8% 1.6% 26.2% 50.00%
2018 3.0% -18.9% 4.1% 7.84%
2017 6.8% -6.4% 13.4% 62.00%
2016 2.1% -0.4% 16.5% 96.00%
2015 -10.0% -27.8% -8.3% 24.49%

Total Return Ranking - Trailing

Period RYCUX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.4% -1.1% 7.2% 33.33%
1 Yr 16.5% -2.4% 21.0% 44.44%
3 Yr 9.0%* -4.3% 12.4% 56.00%
5 Yr 5.3%* -6.6% 10.6% 71.43%
10 Yr 6.3%* 0.4% 12.3% 92.50%

* Annualized

Total Return Ranking - Calendar

Period RYCUX Return Category Return Low Category Return High Rank in Category (%)
2019 16.8% 4.1% 26.2% 66.67%
2018 3.0% -18.9% 5.1% 21.57%
2017 6.8% -3.7% 17.9% 88.00%
2016 2.1% -0.4% 23.7% 96.00%
2015 -10.0% -27.8% -5.5% 44.90%

NAV & Total Return History


Holdings

RYCUX - Holdings

Concentration Analysis

RYCUX Category Low Category High RYCUX % Rank
Net Assets 82.2 M 55 M 7.44 B 92.59%
Number of Holdings 52 30 255 42.59%
Net Assets in Top 10 35.9 M 24 M 3.57 B 90.74%
Weighting of Top 10 36.42% 14.3% 70.3% 83.33%

Top 10 Holdings

  1. NextEra Energy Inc 5.48%
  2. Dominion Energy Inc 4.17%
  3. Southern Co 4.15%
  4. Duke Energy Corp 4.14%
  5. American Electric Power Co Inc 3.44%
  6. Exelon Corp 3.38%
  7. Sempra Energy 3.23%
  8. Xcel Energy Inc 2.89%
  9. Public Service Enterprise Group Inc 2.77%
  10. Consolidated Edison Inc 2.76%

Asset Allocation

Weighting Return Low Return High RYCUX % Rank
Stocks
99.49% 80.29% 140.65% 20.37%
Cash
0.56% -40.66% 19.12% 44.44%
Preferred Stocks
0.00% 0.00% 3.41% 90.74%
Convertible Bonds
0.00% 0.00% 0.00% 77.78%
Bonds
0.00% -0.01% 15.45% 79.63%
Other
-0.05% -19.06% 0.94% 94.44%

Stock Sector Breakdown

Weighting Return Low Return High RYCUX % Rank
Utilities
97.75% 38.00% 99.09% 16.67%
Basic Materials
1.24% 0.00% 6.11% 18.52%
Energy
1.00% 0.00% 31.24% 70.37%
Technology
0.00% 0.00% 4.35% 79.63%
Real Estate
0.00% 0.00% 5.62% 92.59%
Industrials
0.00% 0.00% 22.54% 79.63%
Healthcare
0.00% 0.00% 3.66% 79.63%
Financial Services
0.00% 0.00% 8.11% 81.48%
Communication Services
0.00% 0.00% 30.65% 92.59%
Consumer Defense
0.00% 0.00% 6.85% 79.63%
Consumer Cyclical
0.00% 0.00% 7.08% 79.63%

Stock Geographic Breakdown

Weighting Return Low Return High RYCUX % Rank
US
99.49% 41.21% 100.66% 7.41%
Non US
0.00% 0.00% 62.60% 96.30%

Expenses

RYCUX - Expenses

Operational Fees

RYCUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.46% 0.10% 3.20% 3.70%
Management Fee 0.85% 0.09% 1.00% 77.78%
12b-1 Fee 1.00% 0.00% 1.00% 90.63%
Administrative Fee N/A 0.04% 0.26% 95.24%

Sales Fees

RYCUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 88.89%

Trading Fees

RYCUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 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.

RYCUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 390.00% 1.00% 390.00% 96.30%

Distributions

RYCUX - Distributions

Dividend Yield Analysis

RYCUX Category Low Category High RYCUX % Rank
Dividend Yield 0.00% 0.00% 6.91% 94.44%

Dividend Distribution Analysis

RYCUX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

RYCUX Category Low Category High RYCUX % Rank
Net Income Ratio 0.79% 0.72% 3.22% 96.30%

Capital Gain Distribution Analysis

RYCUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

RYCUX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

Apr 03, 2000

19.84

19.8%

Mr. Byrum is a Senior Managing Director and Portfolio Manager of Guggenheim Investments and joined Guggenheim Investments in 1993. He has ultimate responsibility for the management of the Funds. In addition to generally overseeing all aspects of the management of several other funds in the Guggenheim Investments fund complex, Mr. Byrum reviews the activities of the portfolio managers of the Funds. During his time at Guggenheim Investments, he has played a key role in the development of the firm’s investment strategies and product offerings. As Portfolio Manager, Mr. Byrum was instrumental in the launch of several funds in the Guggenheim Investments fund complex, including the NASDAQ-100®, Precious Metals, Government Long Bond 1.2x Strategy, Inverse Government Long Bond Strategy, Inverse S&P 500 Strategy and Inverse NASDAQ-100® Strategy Funds, and helped to create the Sector Funds. He was named Vice President of Portfolio for Guggenheim Investments in 1998, and Executive Vice President in 2000. Prior to joining Guggenheim Investments, Mr. Byrum worked for Money Management Associates, the investment adviser 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.

Ryan Harder


Start Date

Tenure

Tenure Rank

Mar 14, 2008

11.89

11.9%

Ryan A. Harder, CFA, Portfolio Manager of Security Investors. Mr. Harder joined the Investment Manager in 2010.He also 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 21.1 8.75 5.76