RYLVX: Rydex S&P 500 Pure Value A

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RYLVX Rydex S&P 500 Pure Value A


Profile

RYLVX - Profile

Vitals

  • YTD Return -31.6%
  • 3 Yr Annualized Return -9.0%
  • 5 Yr Annualized Return -5.2%
  • Net Assets $12.9 M
  • Holdings in Top 10 21.6%

52 WEEK LOW AND HIGH

$57.03
$41.33
$83.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.61%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 190.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -31.6%
  • 3 Yr Annualized Total Return -9.0%
  • 5 Yr Annualized Total Return -5.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Rydex S&P 500 Pure Value Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Sep 01, 2004
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Byrum

Fund Description

The fund employs as its investment strategy a program of investing in the common stock of companies that are within the capitalization range of the underlying index and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.


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Categories

Performance

RYLVX - Performance

Return Ranking - Trailing

Period RYLVX Return Category Return Low Category Return High Rank in Category (%)
YTD -31.6% -50.1% 5.2% 99.62%
1 Yr -24.4% -47.0% 21.3% 95.21%
3 Yr -9.0%* -25.0% 12.8% 77.73%
5 Yr -5.2%* -23.4% 9.8% 69.74%
10 Yr 4.1%* -14.5% 17.6% 43.47%

* Annualized

Return Ranking - Calendar

Period RYLVX Return Category Return Low Category Return High Rank in Category (%)
2019 22.0% -32.1% 48.5% 28.82%
2018 -20.0% -62.4% 16.7% 72.89%
2017 14.6% -16.4% 22.0% 13.76%
2016 16.3% -27.9% 31.0% 7.43%
2015 -12.9% -43.1% 1.3% 76.30%

Total Return Ranking - Trailing

Period RYLVX Return Category Return Low Category Return High Rank in Category (%)
YTD -31.6% -50.1% 5.2% 99.62%
1 Yr -24.4% -47.0% 21.3% 95.21%
3 Yr -9.0%* -24.3% 12.8% 91.13%
5 Yr -5.2%* -15.8% 9.8% 91.51%
10 Yr 4.1%* -5.8% 17.6% 84.44%

* Annualized

Total Return Ranking - Calendar

Period RYLVX Return Category Return Low Category Return High Rank in Category (%)
2019 22.0% -32.1% 48.5% 29.02%
2018 -20.0% -37.1% 17.4% 86.04%
2017 14.6% -9.5% 25.7% 51.72%
2016 16.3% -27.9% 32.2% 21.62%
2015 -12.9% -28.9% 3.9% 92.72%

NAV & Total Return History


Holdings

RYLVX - Holdings

Concentration Analysis

RYLVX Category Low Category High RYLVX % Rank
Net Assets 12.9 M 938 K 77.4 B 95.39%
Number of Holdings 113 1 1138 24.01%
Net Assets in Top 10 1.83 M 68.1 K 18.6 B 96.70%
Weighting of Top 10 21.58% 6.1% 186.4% 88.35%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High RYLVX % Rank
Stocks
99.56% 80.21% 141.55% 20.15%
Cash
2.94% -104.41% 15.39% 25.33%
Preferred Stocks
0.00% 0.00% 10.14% 24.76%
Convertible Bonds
0.00% -0.02% 7.45% 20.34%
Bonds
0.00% -0.79% 71.79% 21.94%
Other
-2.50% -2.50% 30.06% 99.81%

Stock Sector Breakdown

Weighting Return Low Return High RYLVX % Rank
Financial Services
34.15% 0.00% 60.26% 1.71%
Consumer Cyclical
16.00% 0.00% 28.45% 2.37%
Healthcare
14.00% 0.00% 37.21% 77.80%
Energy
10.61% 0.00% 18.54% 6.26%
Consumer Defense
7.80% 0.00% 32.31% 63.76%
Basic Materials
6.52% 0.00% 16.83% 10.06%
Industrials
3.60% 0.00% 43.05% 97.82%
Communication Services
2.60% 0.00% 20.78% 94.12%
Technology
2.30% 0.00% 31.17% 98.48%
Utilities
2.04% 0.00% 47.04% 79.98%
Real Estate
0.40% 0.00% 15.11% 79.98%

Stock Geographic Breakdown

Weighting Return Low Return High RYLVX % Rank
US
96.54% 80.02% 139.76% 30.13%
Non US
3.02% 0.00% 18.58% 54.90%

Expenses

RYLVX - Expenses

Operational Fees

RYLVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.61% 0.00% 19.26% 21.08%
Management Fee 0.75% 0.00% 1.50% 80.93%
12b-1 Fee 0.25% 0.00% 1.00% 27.83%
Administrative Fee N/A 0.01% 0.50% 82.68%

Sales Fees

RYLVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 1.00% 5.75% 84.08%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

RYLVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

RYLVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 190.00% 0.00% 431.00% 96.86%

Distributions

RYLVX - Distributions

Dividend Yield Analysis

RYLVX Category Low Category High RYLVX % Rank
Dividend Yield 0.00% 0.00% 9.22% 21.09%

Dividend Distribution Analysis

RYLVX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Annually

Net Income Ratio Analysis

RYLVX Category Low Category High RYLVX % Rank
Net Income Ratio 1.01% -0.36% 4.13% 86.79%

Capital Gain Distribution Analysis

RYLVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

RYLVX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

Feb 20, 2004

16.2

16.2%

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

12.14

12.1%

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
0.02 84.51 7.02 1.23