# Rydex Basic Materials Fund Class H (RYBAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rybax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Commodity - Strategy: Actively Managed · Inception: 1998-04-14 The Rydex Basic Materials Fund Class H seeks to achieve long-term capital appreciation for its investors. The fund commits a substantial portion—at least 80%—of its net assets to common stocks of companies operating in the Basic Materials sector, specifically those listed on U.S. exchanges, and may also employ derivatives. While its primary focus is on basic materials, the fund has the flexibility to invest considerably in businesses within this sector that possess small to mid-sized market capitalizations. Basic Materials Companies are characterized by their involvement in activities such... ## Key Facts | Metric | Value | |---|---| | Price | $81.79 | | Expense Ratio | 1.65% | | AUM (All Share Classes) | $27.5M | | NAV | $81.79 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 9.20% | | Annual Distribution (TTM) | $7.52 /share | | Distribution Frequency | Annual | | 52-Week Range | $74.26 – $94.54 | | Beta | 1.02 | ## Latest Distribution - Amount: $7.5250 /share - Ex-date: 2025-12-16 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does RYBAX invest in? The Rydex Basic Materials Fund Class H seeks to achieve long-term capital appreciation for its investors. The fund commits a substantial portion—at least 80%—of its net assets to common stocks of companies operating in the Basic Materials sector, specifically those listed on U.S. exchanges, and may also employ derivatives. While its primary focus is on basic materials, the fund has the flexibility to invest considerably in businesses within this sector that possess small to mid-sized market capitalizations. Basic Materials Companies are characterized by their involvement in activities such as mining, manufacturing, processing, or distributing raw ingredients and semi-finished products that are vital to the industrial sector. This encompasses a range of industries, including the production and transport of materials like metals, textiles, and wood. ### What is the expense ratio of RYBAX? Rydex Basic Materials Fund Class H (RYBAX) charges an expense ratio of 1.65%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RYBAX? Rydex Basic Materials Fund Class H (RYBAX) is one share class of a fund that manages $27.5M across all of its share classes (RYBCX, RYBIX, RYBMX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is RYBAX actively managed or an index fund? RYBAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RYBAX's is 1.65%) in exchange for the discretion to over- or under-weight positions. ### When was RYBAX launched? Rydex Basic Materials Fund Class H (RYBAX) launched in April 1998 and is managed by the fund issuer. ### How has RYBAX performed? RYBAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does RYBAX pay a dividend? Rydex Basic Materials Fund Class H (RYBAX) currently distributes little or no income. Trailing-twelve-month yield is 9.20%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RYBAX pay dividends? Rydex Basic Materials Fund Class H pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RYBAX's dividend yield? RYBAX's trailing-twelve-month yield is 9.20%, calculated from the sum of dividends over the past year divided by the current price. ### When is RYBAX's next ex-dividend date? The most recently announced ex-dividend date for RYBAX was 2025-12-16. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will RYBAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.65% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does RYBAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RYBAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does RYBAX cost more than a fund like VOO? RYBAX is actively managed (current expense ratio 1.65%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether RYBAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RYBAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RYBAX (1.65%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/rybax - Distribution history: https://www.dividenddata.com/funds/rybax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rybax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rybax/expenses - Peer comparison: https://www.dividenddata.com/funds/rybax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.