RYMDX: Rydex Mid-Cap 1.5x Strategy Fund - MutualFunds.com
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Rydex Mid-Cap 1.5x Strategy H

RYMDX - Snapshot

Vitals

  • YTD Return 27.4%
  • 3 Yr Annualized Return 13.8%
  • 5 Yr Annualized Return 16.9%
  • Net Assets $16.8 M
  • Holdings in Top 10 23.0%

52 WEEK LOW AND HIGH

$139.38
$59.81
$140.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.79%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Trading--Leveraged Equity

Compare RYMDX to Popular Leveraged Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$111.81

+0.42%

$11.27 B

-

$0.00

-40.18%

0.98%

$42.75

-1.66%

$4.49 B

0.06%

$0.03

-91.51%

1.06%

$134.47

+0.27%

$3.96 B

-

$0.00

14.66%

0.99%

$113.29

+0.70%

$3.35 B

0.14%

$0.15

22.81%

0.91%

$101.65

+1.95%

$2.81 B

0.29%

$0.29

65.89%

1.03%

RYMDX - Profile

Distributions

  • YTD Total Return 27.4%
  • 3 Yr Annualized Total Return 13.8%
  • 5 Yr Annualized Total Return 16.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.28%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex Mid-Cap 1.5x Strategy Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Aug 16, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • 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 invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies included 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.


RYMDX - Performance

Return Ranking - Trailing

Period RYMDX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.4% -91.5% 100.7% 24.00%
1 Yr 136.4% -12.9% 1610.3% 43.41%
3 Yr 13.8%* -80.5% 81.7% 48.26%
5 Yr 16.9%* -63.0% 84.8% 57.06%
10 Yr 13.9%* -51.1% 48.3% 56.93%

* Annualized

Return Ranking - Calendar

Period RYMDX Return Category Return Low Category Return High Rank in Category (%)
2020 9.4% -77.6% 1505.0% 53.76%
2019 35.9% -58.1% 806.3% 66.47%
2018 -19.8% -78.0% 36.9% 39.05%
2017 22.0% -70.1% 314.9% 66.87%
2016 29.0% -82.0% 1431.2% 35.63%

Total Return Ranking - Trailing

Period RYMDX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.4% -90.8% 105.5% 25.14%
1 Yr 136.4% -12.9% 1610.3% 42.86%
3 Yr 13.8%* -80.5% 81.7% 47.09%
5 Yr 16.9%* -63.0% 84.8% 57.06%
10 Yr 13.9%* -51.1% 48.3% 56.93%

* Annualized

Total Return Ranking - Calendar

Period RYMDX Return Category Return Low Category Return High Rank in Category (%)
2020 9.4% -97.4% 379.3% 51.45%
2019 35.9% -58.1% 229.8% 65.87%
2018 -19.8% -74.3% 36.9% 40.24%
2017 22.0% -40.2% 263.7% 73.01%
2016 29.0% -62.9% 167.0% 35.63%

NAV & Total Return History


RYMDX - Holdings

Concentration Analysis

RYMDX Category Low Category High RYMDX % Rank
Net Assets 16.8 M 445 K 11.3 B 71.65%
Number of Holdings 415 5 2085 13.45%
Net Assets in Top 10 6.51 M 635 K 26.2 B 80.70%
Weighting of Top 10 23.03% 19.7% 100.0% 93.39%

Top 10 Holdings

  1. Federal Farm Credit Banks 2.45% 11.70%
  2. Guggenheim Ultra Short Duration Instl 10.47%
  3. United States Treasury Bills 0.15% 9.25%
  4. Guggenheim Strategy II 8.86%
  5. Guggenheim Strategy II 8.86%
  6. Guggenheim Strategy II 8.86%
  7. Guggenheim Strategy II 8.86%
  8. Guggenheim Strategy II 8.86%
  9. Guggenheim Strategy II 8.86%
  10. Guggenheim Strategy II 8.86%

Asset Allocation

Weighting Return Low Return High RYMDX % Rank
Cash
39.59% -200.03% 88.92% 22.22%
Stocks
32.76% -0.26% 300.03% 87.13%
Other
19.78% -147.21% 193.96% 5.85%
Bonds
7.77% 0.00% 25.73% 8.77%
Convertible Bonds
0.09% 0.00% 13.45% 39.18%
Preferred Stocks
0.00% 0.00% 0.02% 64.91%

Stock Sector Breakdown

Weighting Return Low Return High RYMDX % Rank
Industrials
17.83% 0.00% 100.00% 7.69%
Technology
17.37% 0.00% 100.00% 42.66%
Financial Services
15.05% 0.00% 100.00% 22.38%
Consumer Cyclical
13.89% 0.00% 94.42% 30.07%
Healthcare
11.18% 0.00% 100.00% 32.87%
Real Estate
9.01% 0.00% 100.00% 7.69%
Basic Materials
4.57% 0.00% 100.00% 23.08%
Consumer Defense
4.51% 0.00% 64.70% 46.85%
Utilities
2.97% 0.00% 100.00% 11.89%
Communication Services
2.02% 0.00% 100.00% 57.34%
Energy
1.61% 0.00% 100.00% 39.86%

Stock Geographic Breakdown

Weighting Return Low Return High RYMDX % Rank
US
32.70% -9.96% 300.01% 73.68%
Non US
0.06% 0.00% 87.59% 63.74%

Bond Sector Breakdown

Weighting Return Low Return High RYMDX % Rank
Cash & Equivalents
81.48% 67.02% 100.00% 95.81%
Securitized
7.44% 0.00% 16.06% 4.19%
Corporate
6.51% 0.00% 13.49% 36.53%
Government
4.13% 0.00% 20.30% 7.19%
Municipal
0.34% 0.00% 0.77% 5.99%
Derivative
0.11% 0.00% 1.43% 9.58%

Bond Geographic Breakdown

Weighting Return Low Return High RYMDX % Rank
US
6.31% 0.00% 24.02% 8.77%
Non US
1.46% 0.00% 2.08% 7.60%

RYMDX - Expenses

Operational Fees

RYMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.79% 0.88% 9.92% 48.17%
Management Fee 0.90% 0.00% 0.95% 89.69%
12b-1 Fee 0.25% 0.00% 1.00% 66.42%
Administrative Fee 0.25% 0.03% 0.25% 92.50%

Sales Fees

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

Trading Fees

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

RYMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 376.00% 98.82%

RYMDX - Distributions

Dividend Yield Analysis

RYMDX Category Low Category High RYMDX % Rank
Dividend Yield 0.00% 0.00% 5.52% 74.23%

Dividend Distribution Analysis

RYMDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

RYMDX Category Low Category High RYMDX % Rank
Net Income Ratio 0.28% -2.08% 3.47% 35.37%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

RYMDX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

Aug 16, 2001

19.64

19.6%

Michael P. Byrum, CFA, Senior Vice President—Mr. Byrum has been associated with the Security Investors since 1993. Mr. Byrum was the inaugural portfolio manager for many of the Rydex products, including the Rydex leveraged and inverse funds, sector fund lineup and alternative investment portfolios. Today, Mr. Byrum continues to play an instrumental role in product development and investment strategy at Guggenheim Investments and oversees the trading, research and portfolio management activities of the quantitative strategies team, which focuses on target beta, alternative and asset allocation strategies. He is the chairman of the Investment Strategy Committee and is a member of the Risk Management Committee and Credit Review Committee. Prior to joining the Security Investors, Mr. Byrum served in a brokerage capacity with Money Management Associates, the registered investment advisor to Rushmore Funds, Inc. He earned a B.S. in finance from the Miami University of Ohio. He also has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Washington.

Ryan Harder


Start Date

Tenure

Tenure Rank

Mar 14, 2008

13.05

13.1%

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
0.15 27.74 7.08 7.5