Mutual Funds - Profile

Rydex Telecommunications Fund

US > Telecommunications >

Rank

Universe Rank
17 11

Summary

The fund seeks capital appreciation by investing in small-and mid-size companies in the United States.

The investment process is designed to highlight companies engaged in the development, manufacture, or sale of communications services or communications equipment.

According to the investment team, telecommunications companies include traditional and wireless telephone services or equipment providers, Internet equipment and service providers, and fiber-optics.

Then the research team combines a proprietary quantitative and qualitative methodology to identify investment opportunities.

The team utilizes screens based on price, liquidity, and tradability to evaluate potential investments.

Then the manager constructs a portfolio of More

Price

  • Last Close
  • $51.26
    -0.09
  • 52 Week HL
  • $55.6 - $46.93
  • Net Assets
  • $2.6 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Top 10 Holdings
Mar 10, 2021

Company Holding
Verizon Communications 9.77
Cisco Systems 9.56
AT&T Inc 9.48
T-MOBILE US 8.12
Comcast Corporation 5.43
Company Holding
Charter Communications 3.82
Motorola Solutions 3.66
Ubiquiti Networks 3.28
LUMEN TECHNOLOGIES 3.00
Arista Networks, 2.86
Total 58.98%

Manager

  • Name
  • Michael P. Byrum
  • Leadership
  • Single Manager
  • Tenure
  • 2003
  • Advisor

Documents

  • Prospectus
  • Fact Sheet
  • Annual Reports

Performance
4.6 % YTD

  • 3 Year
  • 13.53%
  • 5 Year
  • 21.64%
  • Best
  • 29.83%
    2009
  • Worst
  • -45.15%
    2008

Returns +
A

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
RYTLX 0%16%29%-6%19%8%-1%14%29%13%0%
S&P 500 22%16%29%-6%19%10%-1%11%30%13%0%

Returns +
Q

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 5.2% -12.6% 11% -0.3% 2.1% 5.2% 0.5% 0.3% 3.8% 7.9% -
Q2 6.4% 12.1% -1.3% 2.9% -2.1% 2.3% -0.9% 3.4% 0.7% -10% -
Q3 -4.2% -2.2% -0.1% 7.6% 1.6% 7.2% -9.1% -0.6% 3.7% 6.2% -
Q4 -2.5% 12% -2.2% -12.6% 3.3% 1.8% 2.5% -0.5% 8% 0.5% -

Returns +
M

J F M A M J J A S O N D
2021 1% -0.4% 4.6% 2.9% 2.4% 1% 0.3% 1.5% -5.8% -1.4% -1.1% -
2020 -1.8% -2.9% -8.4% 8.7% 3.2% -0.1% 4.7% -0.5% -6.2% -2.3% 13.9% 0.6%

Annual Return

Index Comparison

Alpha

NAV