Rydex S&P MidCap 400 Pure Value H (RYAVX)
59.37
+0.39
(+0.66%)
USD |
Mar 30 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 1.51% | 10.68M | 0.14% | 252.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| 20.91M | -4.53% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks investment results that match, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index for mid-cap value securities on a daily basis. 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. It invests 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. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | RYAVX |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Small Value |
| Category Index | Russell 2000 Value TR USD |
| Global Category Name | US Equity Small Cap |
| YCharts Categorization | US Small Cap |
| YCharts Benchmark | Russell 2000 Total Return (^RUTTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Rydex Funds |
| Prospectus Benchmark Index | |
| S&P MidCap 400 Pure Value TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Michael Byrum | 19.04 yrs |
| Brendan Cain | 0.65 yrs |
| Scott Miller | 0.65 yrs |
| Spencer Crane | 0.65 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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Category Low
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Category High
1 Year
% Rank:
20
20.91M
-1.719B
Category Low
2.866B
Category High
3 Months
% Rank:
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Category Low
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Category High
3 Years
% Rank:
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Category Low
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Category High
6 Months
% Rank:
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Category Low
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Category High
5 Years
% Rank:
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Category Low
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Category High
YTD
% Rank:
--
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Category Low
--
Category High
10 Years
% Rank:
--
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Category Low
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Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 30, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 30, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| United States Steel Corp | 2.98% | 26.12 | 0.04% |
| Goodyear Tire & Rubber Co | 2.94% | 10.68 | 0.38% |
| Cleveland-Cliffs Inc | 2.76% | 18.09 | 0.78% |
| Taylor Morrison Home Corp | 2.72% | 37.16 | 0.98% |
| KB Home | 2.70% | 39.61 | -1.57% |
| Kohl's Corp | 2.65% | 22.88 | 3.76% |
| Brighthouse Financial Inc | 2.53% | 43.28 | 0.42% |
| PVH Corp | 2.41% | 86.21 | 1.21% |
| Thor Industries Inc | 2.24% | 78.58 | 0.91% |
| Avnet Inc | 2.24% | 44.45 | 0.79% |
Basic Info
| Investment Strategy | |
| The investment seeks investment results that match, before fees and expenses, the performance of the S&P MidCap 400 Pure Value Index for mid-cap value securities on a daily basis. 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. It invests 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. The fund is non-diversified. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | RYAVX |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Small Value |
| Category Index | Russell 2000 Value TR USD |
| Global Category Name | US Equity Small Cap |
| YCharts Categorization | US Small Cap |
| YCharts Benchmark | Russell 2000 Total Return (^RUTTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Rydex Funds |
| Prospectus Benchmark Index | |
| S&P MidCap 400 Pure Value TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Michael Byrum | 19.04 yrs |
| Brendan Cain | 0.65 yrs |
| Scott Miller | 0.65 yrs |
| Spencer Crane | 0.65 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-30-23) | 0.14% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield (3-29-23) | Upgrade |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 7.980 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of February 28, 2023
Fund Details
| Key Dates | |
| Inception Date | 2/20/2004 |
| Last Annual Report Date | 3/31/2022 |
| Last Prospectus Date | 8/19/2022 |
| Share Classes | |
| RYMMX | C |
| RYMVX | A |
| Attributes | |
| Index Fund |
|
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |