- What does RYHHX invest in?
- The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets and/or in high yield debt securities. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain exposure similar to the high yield bond market. The fund is non-diversified.
- What is the expense ratio of RYHHX?
- Rydex High Yield Strategy C (RYHHX) charges an expense ratio of 2.32%. This is the annual fee deducted from fund assets to cover management and operations.
- What is RYHHX's dividend yield?
- RYHHX's trailing-twelve-month yield is 12.14%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of RYHHX?
- Effective duration measures RYHHX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RYHHX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of RYHHX?
- RYHHX'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 RYHHX?
- Yield to maturity (YTM) is the total return you'd earn from RYHHX if every bond in the portfolio is held to maturity at the current price. RYHHX'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.
