Rydex Series Trust Inverse Government Long Bond Strategy Fund Class Investor

 (MUTF:RYJUX)   Watch this mutual fund  
Find more results for ryjux

Performance

Trailing returns

1 day   +0.39%
   
1 week
   
-1.12%  
4 week
   
-2.07%  
3 month
   
-5.75%  
YTD
   
-16.70%  
1 year
   
-15.77%  
3 years*
   
-7.60%  
5 years*
   
-10.37%  
*annualized
Best 3 month return+14.97%  
Worst 3 month return-26.00%  

Morningstar statistics

Morningstar category: Trading-Inverse Debt

Key statistics

Total assets399.20M 
Front load-  
Deferred load-  
Expense ratio1.41%  
Management fee-  
Fund familyRydex Funds 

Asset allocation

Cash135.59%  
Stocks0.00%  
Bonds-0.58%  
Other24.99%  

Purchase information

Initial$2,500  
IRA Initial$1,000  
41.24-0.41(-0.98%)
Aug 27, 4:00PM EDT

Description

The investment seeks to provide total returns that inversely correlate, before fees and expenses, to the price movements of a benchmark for U.S. Treasury debt instruments or futures contracts on a specified debt instrument on a daily basis. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to fixed income securities issued by the U.S. government. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Michael Dellapa (Started: Sep 30, 2005)
Ryan Harder (Started: Mar 14, 2008)
Michael Byrum (Started: Aug 1, 2000)
Advisor Company:
Security Investors, LLC
Fund family reports on Morningstar »
Rydex Funds, 9601 Blackwell Rd, Suite 500, Rockville, MD 20850, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.29 3.41 7.91 3.49
Beta* -2.98 -4.42 -4.07 -3.70
Mean annual return -0.85 -0.80 -0.80 -0.56
R-squared* 74.34 60.53 61.33 61.43
Standard deviation 8.51 15.23 14.60 15.67
Sharpe ratio -1.21 -0.64 -0.67 -0.53
* Against standard index

Top 10 holdings