RYGTX: Rydex Emerging Markets Bond Strategy H

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RYGTX Rydex Emerging Markets Bond Strategy H


Profile

RYGTX - Profile

Vitals

  • YTD Return -11.6%
  • 3 Yr Annualized Return -3.6%
  • 5 Yr Annualized Return -4.6%
  • Net Assets $4.14 M
  • Holdings in Top 10 1.9%

52 WEEK LOW AND HIGH

$63.94
$56.94
$78.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.70%

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 Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return -11.6%
  • 3 Yr Annualized Total Return -3.6%
  • 5 Yr Annualized Total Return -4.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Rydex Emerging Markets Bond Strategy Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Oct 08, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Byrum

Fund Description

The fund seeks to gain exposure similar to the performance of the emerging markets bond market by investing under normal circumstances at least 80% of its net assets, plus any borrowings for investment purposes, in bonds and financial instruments that in combination have economic characteristics similar to emerging markets bonds.


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Categories

RYGTX - Mutual Fund Categories


Performance

RYGTX - Performance

Return Ranking - Trailing

Period RYGTX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.6% -24.6% 0.0% 36.17%
1 Yr -14.1% -21.2% 3.2% 55.32%
3 Yr -3.6%* -11.9% 5.4% 27.50%
5 Yr -4.6%* -8.4% 2.1% 76.47%
10 Yr N/A* -7.4% 1.1% N/A

* Annualized

Return Ranking - Calendar

Period RYGTX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -7.4% 19.6% 82.98%
2018 -4.9% -19.3% 0.0% 4.35%
2017 7.9% 2.7% 36.5% 71.05%
2016 2.5% -5.4% 13.0% 75.00%
2015 -17.4% -21.5% -5.4% 82.35%

Total Return Ranking - Trailing

Period RYGTX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.6% -24.6% 0.0% 36.17%
1 Yr -14.1% -21.2% 3.2% 55.32%
3 Yr -3.6%* -11.9% 5.4% 40.00%
5 Yr -4.6%* -8.4% 2.1% 91.18%
10 Yr N/A* -5.6% 1.5% N/A

* Annualized

Total Return Ranking - Calendar

Period RYGTX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -7.4% 19.6% 82.98%
2018 -4.9% -19.3% 0.0% 10.87%
2017 7.9% 2.7% 37.0% 89.47%
2016 2.5% -5.4% 13.2% 86.11%
2015 -17.4% -18.5% -3.3% 91.18%

NAV & Total Return History


Holdings

RYGTX - Holdings

Concentration Analysis

RYGTX Category Low Category High RYGTX % Rank
Net Assets 4.14 M 31.4 K 1.36 B 94.34%
Number of Holdings 11 11 468 100.00%
Net Assets in Top 10 58.4 K 58.4 K 388 M 100.00%
Weighting of Top 10 1.94% 1.9% 75.3% 100.00%

Top 10 Holdings

  1. Cdx Em32 1% 12/20/2024 1.64%
  2. 10 Year Treasury Note Future Mar20 0.18%
  3. 5 Year Treasury Note Future Mar20 0.13%

Asset Allocation

Weighting Return Low Return High RYGTX % Rank
Cash
103.27% -20.03% 103.27% 6.38%
Bonds
1.34% 0.97% 75.90% 93.62%
Stocks
0.00% 0.00% 75.68% 100.00%
Preferred Stocks
0.00% 0.00% 0.81% 93.62%
Convertible Bonds
0.00% 0.00% 20.68% 87.23%
Other
-4.61% -4.61% 6.19% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High RYGTX % Rank
Corporate
50.74% 0.00% 92.42% 12.77%
Cash & Equivalents
47.70% 0.14% 58.00% 10.64%
Derivative
1.56% 0.00% 17.82% 19.15%
Securitized
0.00% 0.00% 0.00% 78.72%
Municipal
0.00% 0.00% 0.00% 78.72%
Government
0.00% 0.00% 83.03% 93.62%

Bond Geographic Breakdown

Weighting Return Low Return High RYGTX % Rank
US
1.34% -2.86% 30.46% 25.53%
Non US
0.00% 0.00% 74.82% 100.00%

Expenses

RYGTX - Expenses

Operational Fees

RYGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.70% 0.92% 13.51% 44.68%
Management Fee 0.75% 0.65% 1.15% 30.19%
12b-1 Fee 0.25% 0.25% 1.00% 44.00%
Administrative Fee 0.25% 0.02% 0.25% 100.00%

Sales Fees

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

Trading Fees

RYGTX 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.

RYGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 11.00% 312.50% 95.45%

Distributions

RYGTX - Distributions

Dividend Yield Analysis

RYGTX Category Low Category High RYGTX % Rank
Dividend Yield 0.00% 0.00% 2.96% 83.02%

Dividend Distribution Analysis

RYGTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

RYGTX Category Low Category High RYGTX % Rank
Net Income Ratio 0.32% -0.79% 8.13% 93.62%

Capital Gain Distribution Analysis

RYGTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

RYGTX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

Oct 08, 2013

6.4

6.4%

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

Oct 08, 2013

6.4

6.4%

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
0.04 17.18 6.1 8.5