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RYMBX Rydex Commodities Strategy H

  • Fund
  • RYMBX
  • Price as of: Sep 19, 2019
  • $59.23 + $0.40 + 0.68%

RYMBX - Profile

Vitals

  • YTD Return 11.1%
  • 3 Yr Annualized Return -8.8%
  • 5 Yr Annualized Return -18.7%
  • Net Assets $6.64 M
  • Holdings in Top 10 37.3%

52 WEEK LOW AND HIGH

$59.23
$52.84
$100.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.81%

SALES FEES

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

BROKERAGE FEES

  • Turnover 65.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Commodities Broad Basket

Distributions

  • YTD Total Return 11.1%
  • 3 Yr Annualized Total Return -8.8%
  • 5 Yr Annualized Total Return -18.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.27%
DIVIDENDS
  • Dividend Yield 39.8%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Rydex Commodities Strategy Fund
  • Fund Family Name Rydex Funds
  • Inception Date May 25, 2005
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Michael P. Byrum

Fund Description

The fund seeks exposure to the performance of the commodities markets. It will invest in exchange-traded products, including investment companies and commodity pools, that provide exposure to the commodities markets and in commodity-linked derivative instruments, which primarily consist of swap agreements, commodity options, and futures and options on futures. The fund also may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.

RYMBX - Performance

Return Ranking - Trailing

Period RYMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -3.8% 11.2% 3.64%
1 Yr -37.4% -40.7% 8.1% 98.17%
3 Yr -8.8%* -10.9% 0.9% 98.94%
5 Yr -18.7%* -22.9% -3.5% 96.20%
10 Yr -10.9%* -15.4% 17.9% 82.61%

* Annualized


Return Ranking - Calendar

Period RYMBX Return Category Return Low Category Return High Rank in Category (%)
2018 -39.7% -42.9% -0.2% 98.98%
2017 3.0% -13.1% 10.5% 20.21%
2016 10.5% 3.1% 22.1% 65.59%
2015 -34.6% -64.9% -7.2% 96.39%
2014 -33.8% -34.3% 669.0% 97.22%

Total Return Ranking - Trailing

Period RYMBX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.1% -3.8% 11.2% 3.64%
1 Yr -37.4% -40.7% 8.1% 98.17%
3 Yr -8.8%* -10.9% 3.8% 98.94%
5 Yr -18.7%* -20.2% -3.5% 96.20%
10 Yr -10.9%* -12.0% 21.2% 91.30%

* Annualized


Total Return Ranking - Calendar

Period RYMBX Return Category Return Low Category Return High Rank in Category (%)
2018 -39.7% -42.9% -0.2% 98.98%
2017 3.0% -8.3% 10.9% 51.06%
2016 10.5% 3.1% 23.2% 77.42%
2015 -34.6% -62.9% -7.2% 96.39%
2014 -33.8% -34.3% 698.3% 97.22%

NAV & Total Return History

RYMBX - Holdings

Concentration Analysis

RYMBX Category Low Category High RYMBX % Rank
Net Assets 6.64 M 1.2 M 7.09 B 97.30%
Number of Holdings 8 2 958 91.89%
Net Assets in Top 10 1.87 M -699 M 2.94 B 88.29%
Weighting of Top 10 37.29% 8.5% 165.3% 80.18%

Top 10 Holdings

  1. Guggenheim Ultra Short Duration Instl 16.46%

  2. Guggenheim Strategy II 16.39%

  3. Goldman Sachs Commodity Index Futures Contracts 4.44%


Asset Allocation

Weighting Return Low Return High RYMBX % Rank
Cash
75.54% -68.44% 111.24% 11.71%
Bonds
10.08% 0.00% 93.87% 83.78%
Other
9.79% -11.24% 106.81% 63.96%
Stocks
4.44% 0.00% 48.65% 18.92%
Convertible Bonds
0.15% 0.00% 1.64% 34.23%
Preferred Stocks
0.00% 0.00% 0.00% 3.60%

Stock Sector Breakdown

Weighting Return Low Return High RYMBX % Rank
Industrials
0.17% 0.00% 1.82% 37.04%
Communication Services
0.10% 0.00% 0.10% 7.41%
Real Estate
0.02% 0.00% 0.54% 62.96%
Consumer Cyclical
0.02% 0.00% 1.56% 55.56%
Utilities
0.00% 0.00% 1.41% 40.74%
Technology
0.00% 0.00% 1.14% 85.19%
Healthcare
0.00% 0.00% 0.02% 33.33%
Financial Services
0.00% 0.00% 0.21% 55.56%
Energy
0.00% 0.00% 14.95% 55.56%
Consumer Defense
0.00% 0.00% 9.82% 77.78%
Basic Materials
0.00% 0.00% 19.57% 88.89%

Stock Geographic Breakdown

Weighting Return Low Return High RYMBX % Rank
US
4.44% 0.00% 20.08% 18.92%
Non US
0.00% 0.00% 31.12% 13.51%

Bond Sector Breakdown

Weighting Return Low Return High RYMBX % Rank
Corporate
46.92% 0.00% 57.39% 4.50%
Cash & Equivalents
29.08% -68.44% 111.24% 46.85%
Securitized
3.72% 0.00% 41.62% 37.84%
Government
1.56% -13.32% 84.60% 77.48%
Municipal
0.15% 0.00% 0.46% 15.32%
Derivative
-0.01% -22.54% 0.42% 91.89%

Bond Geographic Breakdown

Weighting Return Low Return High RYMBX % Rank
US
7.08% 0.00% 84.60% 85.59%
Non US
3.00% -11.51% 31.17% 36.94%

RYMBX - Expenses

Operational Fees

RYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.81% 0.05% 12.59% 34.86%
Management Fee 0.88% 0.00% 1.75% 70.27%
12b-1 Fee 0.25% 0.00% 1.00% 22.86%
Administrative Fee 0.25% 0.01% 0.45% 72.13%

Sales Fees

RYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

RYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Turnover 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.

RYMBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 5463.00% 49.54%

RYMBX - Distributions

Dividend Yield Analysis

RYMBX Category Low Category High RYMBX % Rank
Dividend Yield 39.78% 0.00% 46.73% 2.70%

Dividend Distribution Analysis

RYMBX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

RYMBX Category Low Category High RYMBX % Rank
Net Income Ratio 0.27% -1.16% 2.35% 77.98%

Capital Gain Distribution Analysis

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

RYMBX - Managers

Michael P. Byrum

Manager

Start Date

Tenure

Tenure Rank

May 25, 2005

14.28

14.3%

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 A. Harder

Manager

Start Date

Tenure

Tenure Rank

Mar 14, 2008

11.47

11.5%

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

0.18

Category High

14.28

Category Average

5.97

Category Mode

8.76