Rydex High Yield Strategy A
9601 Blackwell Road Suite 500 Rockville MD 20850
Map
Phone: 800-820-0888
| Category: | High Yield Bond | | Fund Family: | Rydex | | Net Assets: | 8.19M | | Year-to-Date Return: | -11.09% | | Yield: | 0.31% | | Morningstar Rating: | N/A | | Fund Inception Date: | 16-Apr-07 |
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Michael P. Byrum
Lead Manager since
16-Apr-07 | | | Byrum is president and CIO of Rydex Investments. He has ultimate responsibility for the management of the Funds. He has been associated with Rydex Investments since it was founded in 1993. He was was named the president of Rydex Investments in 2004 and has served as Chief Investment Officer of Rydex Investments since 2003. Ryrum holds the Charted Financial Analyst designation. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks to provide investment results that correlate to the performance of the high-yield bond market. The fund normally primarily invest in credit default swaps to gain exposure similar to the high-yield bond market. Credit default swaps are instruments which allow for the full or partial transfer of third party credit risk, with respect to a particular entity or entities, from one counterparty to the other. It may invest in bond futures for the purpose of managing duration risk. The fund is nondiversified. |
| Last Dividend
(6-Dec-07):
| 0.07 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| N/A | | Average for Category:
| 112.47% |
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| Expense | RYHDX | Category
Avg | | Total Expense Ratio: | 1.50%
| 1.22% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.75%
| 4.41% | | Max Deferred Sales Load: | 0.00%
| 2.70% | | 3 Yr Expense Projection*: |
$927 | $567 | | 5 Yr Expense Projection*: |
$1,255 | $865 | | 10 Yr Expense Projection*: |
$2,180 | $1,711 |
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2.63% Nasdaq 0.00%
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