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Trending ETFs

Rydex Telecommunications Fund

mutual fund
RYMIX
Dividend policy
Active
Price as of:
$53.55 -0.37 0%
primary theme
Communications Sector Equity
RYMIX (Mutual Fund)

Rydex Telecommunications Fund

Dividend policy
Active
Price as of:
$53.55 -0.37 0%
primary theme
Communications Sector Equity
RYMIX (Mutual Fund)
Rydex Telecommunications Fund
Dividend policy
Active
Price as of:
$53.55 -0.37 0%
primary theme
Communications Sector Equity
share class

RYMIX - Snapshot

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 8.1%
  • Net Assets $2.29 M
  • Holdings in Top 10 22.4%

52 WEEK LOW AND HIGH

$53.92
$38.52
$54.40

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.48%

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 Communications Sector Equity
  • Fund Type Open End Mutual Fund
  • Investment Style Communications

Compare RYMIX to Popular Communications Sector Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$60.30

-0.05%

$3.35 B

0.75%

$0.45

blocked
blocked
blocked

-1.53%

-

Compare RYMIX to Popular Communications Sector Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$65.08

-0.57%

$12.21 B

0.70%

$0.46

blocked
blocked
blocked

-3.56%

-

$117.72

-0.47%

$3.35 B

0.75%

$0.88

blocked
blocked
blocked

-2.06%

-

$34.97

+1.27%

$890.29 M

0.97%

$0.33

blocked
blocked
blocked

4.08%

-

$44.55

-0.51%

$677.94 M

0.69%

$0.31

blocked
blocked
blocked

-2.09%

-

$91.35

+3.44%

$55.19 M

0.85%

$0.75

blocked
blocked
blocked

7.79%

-

RYMIX - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 8.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Rydex Telecommunications Fund
  • Fund Family Name
    Rydex Funds
  • Inception Date
    Apr 01, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Byrum

Fund Description

The fund invests substantially all (at least 80%) of its net assets in equity securities of Telecommunications Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Telecommunications Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Telecommunications Companies and U.S. government securities. It is non-diversified.


RYMIX - Performance

Return Ranking - Trailing

Period RYMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -3.6% 7.8% 26.19%
1 Yr 10.1% 0.3% 53.8% 86.84%
3 Yr 5.7%* 2.7% 26.6% 81.82%
5 Yr 8.1%* 3.6% 23.8% 75.00%
10 Yr 4.0%* 3.1% 19.3% 90.00%

* Annualized

Return Ranking - Calendar

Period RYMIX Return Category Return Low Category Return High Rank in Category (%)
2020 7.7% -0.5% 46.0% 86.84%
2019 9.4% -4.8% 36.4% 66.67%
2018 -5.5% -25.2% -3.0% 11.11%
2017 1.8% -15.7% 29.9% 51.85%
2016 15.2% -4.2% 23.3% 40.00%

Total Return Ranking - Trailing

Period RYMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -3.6% 7.8% 26.19%
1 Yr 10.1% 0.3% 53.8% 84.21%
3 Yr 5.7%* 2.7% 26.6% 78.79%
5 Yr 8.1%* 3.6% 23.8% 75.00%
10 Yr 4.0%* 3.1% 19.3% 90.00%

* Annualized

Total Return Ranking - Calendar

Period RYMIX Return Category Return Low Category Return High Rank in Category (%)
2020 7.7% -0.5% 46.0% 86.84%
2019 9.4% -4.8% 36.4% 66.67%
2018 -5.5% -24.1% -3.0% 11.11%
2017 1.8% -14.8% 29.9% 51.85%
2016 15.2% 1.5% 23.3% 44.00%

NAV & Total Return History


RYMIX - Holdings

Concentration Analysis

RYMIX Category Low Category High RYMIX % Rank
Net Assets 2.29 M 2.29 M 12.2 B 92.86%
Number of Holdings 42 27 114 64.29%
Net Assets in Top 10 1.45 M 1.33 M 9.29 B 90.48%
Weighting of Top 10 22.41% 22.3% 78.2% 90.48%

Top 10 Holdings

  1. Verizon Communications Inc 4.02%
  2. AT&T Inc 3.64%
  3. T-Mobile US Inc 3.59%
  4. Cisco Systems Inc 3.55%
  5. Ciena Corp 2.59%
  6. Motorola Solutions Inc 1.56%
  7. Arista Networks Inc 1.55%
  8. Ubiquiti Inc 1.48%
  9. F5 Networks Inc 1.06%
  10. GCI Liberty Inc A 0.98%

Asset Allocation

Weighting Return Low Return High RYMIX % Rank
Other
63.14% 0.00% 63.14% 2.38%
Stocks
36.23% 36.23% 99.99% 92.86%
Cash
0.62% 0.01% 2.93% 54.76%
Preferred Stocks
0.00% 0.00% 3.10% 4.76%
Convertible Bonds
0.00% 0.00% 2.29% 9.52%
Bonds
0.00% 0.00% 3.97% 11.90%

Stock Sector Breakdown

Weighting Return Low Return High RYMIX % Rank
Communication Services
56.70% 15.39% 100.00% 71.43%
Technology
43.30% 0.00% 73.90% 9.52%
Utilities
0.00% 0.00% 0.00% 2.38%
Real Estate
0.00% 0.00% 11.08% 52.38%
Industrials
0.00% 0.00% 1.09% 26.19%
Healthcare
0.00% 0.00% 5.94% 21.43%
Financial Services
0.00% 0.00% 11.45% 33.33%
Energy
0.00% 0.00% 1.87% 26.19%
Consumer Defense
0.00% 0.00% 3.17% 11.90%
Consumer Cyclical
0.00% 0.00% 21.73% 52.38%
Basic Materials
0.00% 0.00% 0.00% 2.38%

Stock Geographic Breakdown

Weighting Return Low Return High RYMIX % Rank
US
32.36% 32.36% 99.99% 92.86%
Non US
3.87% 0.00% 40.21% 73.81%

RYMIX - Expenses

Operational Fees

RYMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.48% 0.08% 4.86% 32.50%
Management Fee 0.85% 0.00% 1.00% 71.43%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.10% 0.25% 83.33%

Sales Fees

RYMIX 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

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

RYMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 6.40% 78.00% 89.29%

RYMIX - Distributions

Dividend Yield Analysis

RYMIX Category Low Category High RYMIX % Rank
Dividend Yield 0.00% 0.00% 1.25% 33.33%

Dividend Distribution Analysis

RYMIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

RYMIX Category Low Category High RYMIX % Rank
Net Income Ratio 1.38% -1.26% 2.40% 26.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

RYMIX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

Apr 01, 1998

22.77

22.8%

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

12.81

12.8%

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
0.25 22.77 4.86 0.71