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Trending ETFs

NASDAQ-100 Fund

mutual fund
RYOCX
Payout Change
Suspended
Price as of:
$84.12 +1.01 +1.22%
primary theme
U.S. Large-Cap Growth Equity
RYOCX (Mutual Fund)

NASDAQ-100 Fund

Payout Change
Suspended
Price as of:
$84.12 +1.01 +1.22%
primary theme
U.S. Large-Cap Growth Equity
RYOCX (Mutual Fund)

NASDAQ-100 Fund

Payout Change
Suspended
Price as of:
$84.12 +1.01 +1.22%
primary theme
U.S. Large-Cap Growth Equity

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

NASDAQ-100 Fund

RYOCX | Fund

$84.12

$1.75 B

0.00%

1.34%

Vitals

YTD Return

18.8%

1 yr return

35.6%

3 Yr Avg Return

10.5%

5 Yr Avg Return

20.3%

Net Assets

$1.75 B

Holdings in Top 10

47.9%

52 WEEK LOW AND HIGH

$83.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.34%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

NASDAQ-100 Fund

RYOCX | Fund

$84.12

$1.75 B

0.00%

1.34%

RYOCX - Profile

Distributions

  • YTD Total Return 18.8%
  • 3 Yr Annualized Total Return 10.5%
  • 5 Yr Annualized Total Return 20.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.53%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    NASDAQ-100 Fund
  • Fund Family Name
    Guggenheim
  • Inception Date
    Feb 14, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Byrum

Fund Description

The Fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments, which primarily consist of equity index swaps and swaps on exchange-traded funds (“ETFs”), futures contracts, and options on securities, futures contracts, and stock indices. While the Fund may write (sell) and purchase swaps, it expects primarily to purchase swaps. Swap agreements and futures and options contracts enable the Fund to pursue its objective without investing directly in the securities included in the underlying index or in the same proportion that those securities are represented in the underlying index. Certain of the Fund’s derivatives investments may be traded in the OTC market. The Fund also may invest in American Depositary Receipts (“ADRs”) to gain exposure to international companies included in the underlying index. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index.Investments in derivative instruments, such as futures, options and swap agreements, have the economic effect of creating financial leverage in the Fund’s portfolio because such investments may give rise to losses that exceed the amount the Fund has invested in those instruments. Financial leverage will magnify, sometimes significantly, the Fund’s exposure to any increase or decrease in prices associated with a particular reference asset resulting in increased volatility in the value of the Fund’s portfolio. The value of the Fund’s portfolio is likely to experience greater volatility over short-term periods. While such financial leverage has the potential to produce greater gains, it also may result in greater losses, which in some cases may cause the Fund to liquidate other portfolio investments at a loss to comply with limits on leverage imposed by the Investment Company Act of 1940, satisfy margin or collateral requirements, or meet redemption requests.The NASDAQ-100 Index® is a modified capitalization-weighted index composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market with capitalizations ranging from $10.4 billion to $3.3 trillion as of June 30, 2024. To the extent the Fund’s underlying index is concentrated in a particular industry the Fund will necessarily be concentrated in that industry. As of June 30, 2024, the underlying index components, and thus the Fund's investments, are concentrated (i.e., more than 25% of its assets) in securities issued by companies in the Semiconductors & Semiconductor Equipment Industry, a separate industry within the Information Technology Sector.The industries in which the underlying index components, and thus the Fund's investments, may be concentrated will vary as the composition of the underlying index changes over time.Also,while the Fund’s sector exposure may vary over time, as of June 30, 2024, the Fund has significant exposure to the Communication Services Sector, Consumer Discretionary Sector, and Information Technology Sector, as each sector is defined by the Global Industry Classification Standard, a widely recognized industry classification methodology developed by MSCI, Inc. and Standard & Poor's Financial Services LLC.On a day-to-day basis, the Fund may hold U.S. government securities or cash equivalents. The Fund also may enter into repurchase agreements with counterparties that are deemed to present acceptable credit risks. In an effort to ensure that the Fund is fully invested on a day-to-day basis, the Fund may conduct any necessary trading activity at or just prior to the close of the U.S. financial markets. The Fund is non-diversified and, therefore, may invest a greater percentage of its assets in a particular issuer in comparison to a diversified fund.The Fund may invest a portion of its assets, and at times, a substantial portion of its assets, in other short-term fixed-income investment companies advised by the Advisor, or an affiliate of the Advisor, for various purposes, including for liquidity management purposes (e.g., to increase yield on liquid investments used to collateralize derivatives positions) or when such investment companies present a more cost-effective investment option than direct investments in the underlying securities. Investments in these investment companies will significantly increase the portfolio’s exposure to certain other asset categories, including: (i) a broad range of high yield, high risk debt securities rated below the top four long-term rating categories by a nationally recognized statistical rating organization or, if unrated, determined by the Advisor to be of comparable quality (also known as “junk bonds”); (ii) securities issued by the U.S. government or its agencies and instrumentalities; (iii) collateralized loan obligations (“CLOs”), other asset-backed securities (including mortgage-backed securities) and similarly structured debt investments; and (iv) other short-term fixed income securities. Such investments will expose the Fund to the risks of these asset categories and increases or decreases in the value of these investments may cause the Fund to deviate from its investment objective.
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RYOCX - Performance

Return Ranking - Trailing

Period RYOCX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% -0.5% 40.4% 76.35%
1 Yr 35.6% 8.1% 62.1% 78.78%
3 Yr 10.5%* -28.1% 24.8% 17.85%
5 Yr 20.3%* -12.8% 29.7% 6.69%
10 Yr 17.1%* -4.5% 19.5% 4.06%

* Annualized

Return Ranking - Calendar

Period RYOCX Return Category Return Low Category Return High Rank in Category (%)
2023 53.3% -74.1% 72.4% 2.35%
2022 -38.7% -85.9% 4.7% 71.32%
2021 20.5% -52.4% 60.5% 14.01%
2020 40.7% -34.3% 145.0% 16.35%
2019 34.9% -6.9% 49.4% 6.97%

Total Return Ranking - Trailing

Period RYOCX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% -0.5% 40.4% 76.35%
1 Yr 35.6% 8.1% 62.1% 78.78%
3 Yr 10.5%* -28.1% 24.8% 17.85%
5 Yr 20.3%* -12.8% 29.7% 6.69%
10 Yr 17.1%* -4.5% 19.5% 4.06%

* Annualized

Total Return Ranking - Calendar

Period RYOCX Return Category Return Low Category Return High Rank in Category (%)
2023 53.3% -4.6% 72.4% 3.62%
2022 -33.3% -61.7% 5.6% 71.14%
2021 25.9% -39.8% 118.1% 23.38%
2020 46.8% 2.8% 149.2% 19.04%
2019 37.5% -5.2% 49.4% 11.72%

NAV & Total Return History


RYOCX - Holdings

Concentration Analysis

RYOCX Category Low Category High RYOCX % Rank
Net Assets 1.75 B 292 K 287 B 45.20%
Number of Holdings 119 2 3143 19.03%
Net Assets in Top 10 910 M 109 K 151 B 49.10%
Weighting of Top 10 47.92% 0.7% 205.0% 70.12%

Top 10 Holdings

  1. Microsoft Corp. 8.24%
  2. Apple, Inc. 8.01%
  3. NVIDIA Corp. 7.54%
  4. Amazon.com, Inc. 4.99%
  5. Broadcom, Inc. 4.77%
  6. Meta Platforms, Inc. 4.36%
  7. Alphabet, Inc. 2.65%
  8. Alphabet, Inc. 2.56%
  9. Costco Wholesale Corp. 2.42%
  10. Tesla, Inc. 2.37%

Asset Allocation

Weighting Return Low Return High RYOCX % Rank
Stocks
98.04% 0.00% 115.30% 68.31%
Bonds
1.51% 0.00% 103.97% 1.44%
Other
0.60% -31.50% 50.35% 11.22%
Cash
0.23% 0.00% 173.52% 79.80%
Convertible Bonds
0.04% 0.00% 1.94% 3.69%
Preferred Stocks
0.00% 0.00% 10.69% 50.90%

Stock Sector Breakdown

Weighting Return Low Return High RYOCX % Rank
Technology
48.42% 0.00% 65.70% 5.67%
Communication Services
16.39% 0.00% 66.40% 10.07%
Consumer Cyclical
16.04% 0.00% 62.57% 48.20%
Healthcare
6.38% 0.00% 39.76% 94.69%
Consumer Defense
6.31% 0.00% 25.50% 15.20%
Industrials
4.31% 0.00% 30.65% 69.78%
Utilities
1.30% 0.00% 16.07% 12.86%
Financial Services
0.86% 0.00% 43.06% 98.38%
Real Estate
0.00% 0.00% 16.05% 81.21%
Energy
0.00% 0.00% 41.09% 74.37%
Basic Materials
0.00% 0.00% 18.91% 85.16%

Stock Geographic Breakdown

Weighting Return Low Return High RYOCX % Rank
US
98.04% 0.00% 115.30% 54.76%
Non US
0.00% 0.00% 75.51% 61.31%

Bond Sector Breakdown

Weighting Return Low Return High RYOCX % Rank
Corporate
11.96% 0.00% 100.00% 8.00%
Securitized
10.08% 0.00% 43.70% 0.47%
Government
3.34% 0.00% 12.45% 1.22%
Cash & Equivalents
0.23% 0.00% 173.52% 71.72%
Derivative
0.02% -31.73% 14.84% 7.45%
Municipal
0.01% 0.00% 0.57% 0.47%

Bond Geographic Breakdown

Weighting Return Low Return High RYOCX % Rank
US
1.51% 0.00% 103.97% 1.44%
Non US
0.00% 0.00% 0.00% 40.57%

RYOCX - Expenses

Operational Fees

RYOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.01% 28.71% 24.23%
Management Fee 0.75% 0.00% 1.50% 81.19%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.25% 0.01% 1.02% 89.66%

Sales Fees

RYOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RYOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 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.

RYOCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 0.00% 316.74% 61.34%

RYOCX - Distributions

Dividend Yield Analysis

RYOCX Category Low Category High RYOCX % Rank
Dividend Yield 0.00% 0.00% 27.58% 69.45%

Dividend Distribution Analysis

RYOCX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

RYOCX Category Low Category High RYOCX % Rank
Net Income Ratio -0.53% -6.13% 3.48% 66.51%

Capital Gain Distribution Analysis

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

Distributions History

View More +

RYOCX - Fund Manager Analysis

Managers

Michael Byrum


Start Date

Tenure

Tenure Rank

May 01, 1997

25.1

25.1%

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
0.04 54.45 8.24 3.08