Rydex High Yield Strategy Fund Class H

Frequently Asked Questions About RYHGX

What does RYHGX invest in?

This fund strives to achieve investment results that closely mirror the performance of the high-yield bond market, before any fees and expenses are deducted. To accomplish this, it allocates at least 80% of its net assets, supplemented by any borrowed funds for investment purposes, to financial instruments that collectively possess economic characteristics similar to those found in the U.S. and Canadian high-yield bond markets, or directly into high-yield debt securities. The primary methods for securing this exposure to the high-yield bond market involve investments in credit default swaps, swaps referencing ETFs, and bond futures. This fund operates as a non-diversified investment vehicle.

What is the expense ratio of RYHGX?

Rydex High Yield Strategy Fund Class H (RYHGX) charges an expense ratio of 1.56%. This is the annual fee deducted from fund assets to cover management and operations.

What is RYHGX's dividend yield?

RYHGX's trailing-twelve-month yield is 9.70%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of RYHGX?

Effective duration measures RYHGX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RYHGX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of RYHGX?

RYHGX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of RYHGX?

Yield to maturity (YTM) is the total return you'd earn from RYHGX if every bond in the portfolio is held to maturity at the current price. RYHGX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.