- What does RYMFX invest in?
- The fund's advisor employs a blend of proprietary and third-party investment strategies. These strategies are designed to identify and capitalize on anticipated price movements across various global markets, including fixed income, currencies, commodities, and equities. A primary investment objective is to allocate at least 80% of its net assets, plus any capital acquired through borrowing for investment purposes, into "managed futures." The fund also has the flexibility to invest up to 25% of its total assets in municipal securities. Furthermore, it may allocate up to 25% of its overall assets to a wholly-owned and controlled subsidiary established in the Cayman Islands, with this specific allocation measured at the close of every quarter of its taxable year.
- What is the expense ratio of RYMFX?
- Guggenheim Managed Futures Strategy Fund (RYMFX) charges an expense ratio of 1.99%. This is the annual fee deducted from fund assets to cover management and operations.
- What is RYMFX's dividend yield?
- RYMFX's trailing-twelve-month yield is 5.51%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of RYMFX?
- Effective duration measures RYMFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RYMFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of RYMFX?
- RYMFX'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 RYMFX?
- Yield to maturity (YTM) is the total return you'd earn from RYMFX if every bond in the portfolio is held to maturity at the current price. RYMFX'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.
