Government Long Bond 1.2x Strategy Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-11.0%
1 yr return
-10.2%
3 Yr Avg Return
-19.6%
5 Yr Avg Return
-10.0%
Net Assets
$24.5 M
Holdings in Top 10
93.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.07%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RYGBX - Profile
Distributions
- YTD Total Return -11.0%
- 3 Yr Annualized Total Return -19.6%
- 5 Yr Annualized Total Return -10.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.95%
- Dividend Yield 3.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameGovernment Long Bond 1.2x Strategy Fund
-
Fund Family NameGuggenheim
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Byrum
Fund Description
RYGBX - Performance
Return Ranking - Trailing
Period | RYGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -11.0% | -33.5% | 9.4% | 38.46% |
1 Yr | -10.2% | -33.3% | 8.9% | 38.46% |
3 Yr | -19.6%* | -46.3% | 0.7% | 38.46% |
5 Yr | -10.0%* | -29.7% | 2.3% | 38.46% |
10 Yr | -3.5%* | -14.0% | 5.2% | 33.33% |
* Annualized
Return Ranking - Calendar
Period | RYGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.6% | -15.2% | 12.8% | 46.15% |
2022 | -41.7% | -72.9% | -22.9% | 61.54% |
2021 | -8.0% | -19.9% | 6.3% | 30.77% |
2020 | -16.9% | -17.5% | 36.0% | 92.31% |
2019 | 11.9% | 1.6% | 33.4% | 69.23% |
Total Return Ranking - Trailing
Period | RYGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -11.0% | -33.5% | 9.4% | 38.46% |
1 Yr | -10.2% | -33.3% | 8.9% | 38.46% |
3 Yr | -19.6%* | -46.3% | 0.7% | 38.46% |
5 Yr | -10.0%* | -29.7% | 2.3% | 38.46% |
10 Yr | -3.5%* | -14.0% | 5.2% | 33.33% |
* Annualized
Total Return Ranking - Calendar
Period | RYGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.2% | -13.0% | 17.7% | 30.77% |
2022 | -40.5% | -72.6% | -14.0% | 38.46% |
2021 | -7.1% | -19.8% | 7.0% | 23.08% |
2020 | 22.4% | 2.2% | 39.0% | 30.77% |
2019 | 17.5% | 11.7% | 34.7% | 46.15% |
NAV & Total Return History
RYGBX - Holdings
Concentration Analysis
RYGBX | Category Low | Category High | RYGBX % Rank | |
---|---|---|---|---|
Net Assets | 24.5 M | 6.94 M | 6.78 B | 46.15% |
Number of Holdings | 7 | 4 | 14 | 61.54% |
Net Assets in Top 10 | 29.7 M | 7.66 M | 6.35 B | 46.15% |
Weighting of Top 10 | 93.09% | 83.9% | 105.0% | 53.85% |
Top 10 Holdings
- U.S. Treasury Bonds 74.32%
- J.P. Morgan Securities LLC 6.90%
- BofA Securities, Inc. 5.70%
- Guggenheim Ultra Short Duration Fund - Institutional Class 2.55%
- Guggenheim Strategy Fund II 2.52%
- U.S. Treasury Bills 1.23%
- U.S. Treasury Ultra Long Bond Futures Contracts -0.12%
Asset Allocation
Weighting | Return Low | Return High | RYGBX % Rank | |
---|---|---|---|---|
Bonds | 75.55% | 0.00% | 75.55% | 7.69% |
Other | 12.47% | 1.32% | 100.06% | 46.15% |
Cash | 6.91% | 0.00% | 34.02% | 53.85% |
Stocks | 5.07% | 0.00% | 79.77% | 38.46% |
Convertible Bonds | 0.08% | 0.00% | 0.58% | 15.38% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 23.08% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RYGBX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | 40.00% |
Technology | 0.00% | 0.00% | 0.00% | 40.00% |
Real Estate | 0.00% | 0.00% | 0.00% | 40.00% |
Industrials | 0.00% | 0.00% | 0.00% | 40.00% |
Healthcare | 0.00% | 0.00% | 0.00% | 40.00% |
Financial Services | 0.00% | 0.00% | 0.00% | 40.00% |
Energy | 0.00% | 100.00% | 100.00% | 60.00% |
Communication Services | 0.00% | 0.00% | 0.00% | 40.00% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 40.00% |
Consumer Cyclical | 0.00% | 0.00% | 0.00% | 40.00% |
Basic Materials | 0.00% | 0.00% | 0.00% | 40.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RYGBX % Rank | |
---|---|---|---|---|
US | 5.07% | 0.00% | 79.77% | 38.46% |
Non US | 0.00% | 0.00% | 0.00% | 23.08% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RYGBX % Rank | |
---|---|---|---|---|
Government | 85.60% | 0.00% | 100.00% | 25.00% |
Corporate | 4.31% | 0.00% | 45.15% | 16.67% |
Securitized | 3.87% | 0.00% | 3.87% | 8.33% |
Cash & Equivalents | 0.00% | 0.00% | 30.62% | 69.23% |
Municipal | 0.00% | 0.00% | 0.00% | 25.00% |
Derivative | -0.12% | -4.01% | 21.82% | 61.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RYGBX % Rank | |
---|---|---|---|---|
US | 75.55% | 0.00% | 75.55% | 7.69% |
Non US | 0.00% | 0.00% | 0.00% | 23.08% |
RYGBX - Expenses
Operational Fees
RYGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.07% | 1.00% | 2.95% | 84.62% |
Management Fee | 0.50% | 0.50% | 0.75% | 23.08% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.20% | 0.20% | 0.20% | 25.00% |
Sales Fees
RYGBX 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
RYGBX 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.
RYGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 12.00% | 12.00% | 99.03% |
RYGBX - Distributions
Dividend Yield Analysis
RYGBX | Category Low | Category High | RYGBX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.83% | 1.11% | 4.84% | 38.46% |
Dividend Distribution Analysis
RYGBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
RYGBX | Category Low | Category High | RYGBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.95% | -2.17% | 2.00% | 15.38% |
Capital Gain Distribution Analysis
RYGBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.067 | OrdinaryDividend |
Oct 31, 2024 | $0.065 | OrdinaryDividend |
Sep 30, 2024 | $0.059 | OrdinaryDividend |
Aug 30, 2024 | $0.071 | OrdinaryDividend |
Jul 31, 2024 | $0.067 | OrdinaryDividend |
Jun 28, 2024 | $0.062 | OrdinaryDividend |
May 31, 2024 | $0.073 | OrdinaryDividend |
Apr 30, 2024 | $0.068 | OrdinaryDividend |
Mar 28, 2024 | $0.069 | OrdinaryDividend |
Feb 29, 2024 | $0.065 | OrdinaryDividend |
Jan 31, 2024 | $0.049 | OrdinaryDividend |
Dec 29, 2023 | $0.072 | OrdinaryDividend |
Nov 30, 2023 | $0.066 | OrdinaryDividend |
Oct 31, 2023 | $0.066 | OrdinaryDividend |
Sep 29, 2023 | $0.069 | OrdinaryDividend |
Aug 31, 2023 | $0.069 | OrdinaryDividend |
Jul 31, 2023 | $0.062 | OrdinaryDividend |
Jun 30, 2023 | $0.069 | OrdinaryDividend |
May 31, 2023 | $0.065 | OrdinaryDividend |
Apr 28, 2023 | $0.059 | OrdinaryDividend |
Mar 31, 2023 | $0.071 | OrdinaryDividend |
Feb 28, 2023 | $0.059 | OrdinaryDividend |
Jan 31, 2023 | $0.064 | OrdinaryDividend |
Dec 30, 2022 | $0.066 | OrdinaryDividend |
Nov 30, 2022 | $0.061 | OrdinaryDividend |
Oct 31, 2022 | $0.057 | OrdinaryDividend |
Sep 30, 2022 | $0.060 | OrdinaryDividend |
Aug 31, 2022 | $0.052 | OrdinaryDividend |
Jul 29, 2022 | $0.051 | OrdinaryDividend |
Jun 30, 2022 | $0.048 | OrdinaryDividend |
May 31, 2022 | $0.045 | OrdinaryDividend |
Apr 29, 2022 | $0.045 | OrdinaryDividend |
Mar 31, 2022 | $0.038 | OrdinaryDividend |
Feb 28, 2022 | $0.032 | OrdinaryDividend |
Jan 31, 2022 | $0.031 | OrdinaryDividend |
Dec 31, 2021 | $0.034 | OrdinaryDividend |
Nov 30, 2021 | $0.028 | OrdinaryDividend |
Oct 29, 2021 | $0.029 | OrdinaryDividend |
Sep 30, 2021 | $0.030 | OrdinaryDividend |
Aug 31, 2021 | $0.030 | OrdinaryDividend |
Jul 30, 2021 | $0.033 | OrdinaryDividend |
Jun 30, 2021 | $0.022 | OrdinaryDividend |
May 28, 2021 | $0.032 | OrdinaryDividend |
Apr 30, 2021 | $0.037 | OrdinaryDividend |
Mar 31, 2021 | $0.032 | OrdinaryDividend |
Feb 26, 2021 | $0.026 | OrdinaryDividend |
Jan 29, 2021 | $0.022 | OrdinaryDividend |
Dec 31, 2020 | $0.032 | OrdinaryDividend |
Dec 09, 2020 | $21.586 | CapitalGainShortTerm |
Nov 30, 2020 | $0.026 | OrdinaryDividend |
Oct 30, 2020 | $0.019 | OrdinaryDividend |
Sep 30, 2020 | $0.015 | OrdinaryDividend |
Aug 31, 2020 | $0.013 | OrdinaryDividend |
Jul 31, 2020 | $0.017 | OrdinaryDividend |
Jun 30, 2020 | $0.018 | OrdinaryDividend |
May 29, 2020 | $0.015 | OrdinaryDividend |
Apr 30, 2020 | $0.019 | OrdinaryDividend |
Mar 31, 2020 | $0.037 | OrdinaryDividend |
Feb 28, 2020 | $0.045 | OrdinaryDividend |
Jan 31, 2020 | $0.060 | OrdinaryDividend |
Dec 31, 2019 | $0.079 | OrdinaryDividend |
Dec 10, 2019 | $0.004 | OrdinaryDividend |
Dec 10, 2019 | $0.553 | CapitalGainShortTerm |
Dec 10, 2019 | $1.420 | CapitalGainLongTerm |
Nov 29, 2019 | $0.056 | OrdinaryDividend |
Oct 31, 2019 | $0.054 | OrdinaryDividend |
Sep 30, 2019 | $0.053 | OrdinaryDividend |
Aug 30, 2019 | $0.068 | OrdinaryDividend |
Jul 31, 2019 | $0.076 | OrdinaryDividend |
Nov 29, 2016 | $2.114 | CapitalGainLongTerm |
Dec 01, 2015 | $0.314 | ExtraDividend |
Dec 07, 2012 | $0.250 | CapitalGainShortTerm |
RYGBX - Fund Manager Analysis
Managers
Michael Byrum
Start Date
Tenure
Tenure Rank
Jan 03, 1994
28.42
28.4%
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
14.22
14.2%
Ryan A. Harder, CFA, Managing Director and 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 |
---|---|---|---|
0.21 | 28.42 | 13.95 | 14.22 |