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    Rydex Inverse Government Lg Bd Strat Inv (RYJUX)

    36.35 Down 0.35(0.95%) Feb 27

    Profile as of Jan 30, 2015Get Profile for:
    Rydex Inverse Government Lg Bd Strat Inv
    Rydex Series Funds9601 Blackwell Road,Suite 500Rockville, MD 20850
    Map
    Phone: 800-820-0888
    Fund Overview 
    Category:Trading-Inverse Debt
    Fund Family:Rydex Funds
    Net Assets:162.17M
    Year-to-Date Return:-10.03%
    Yield:0.00%
    Morningstar Rating:N/A
    Fund Inception Date:Mar 3, 1995
    Morningstar Style Box 
    Trading-Inverse Debt
    [View Category Definition]
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    About the Morningstar Style Box

    Style box information not available for RYJUX.

    Management Information 
    Michael P. Byrum
    Lead Manager since Aug 1, 2000
    Michael P. Byrum, Portfolio Manager of Security Investors. Mr. Byrum joined the Investment Manager in 2010. He was also the President and Chief Investment Officer of Rydex Investments since it was founded in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003. He was named Vice President of Portfolio for Rydex Investments in 1998, and Executive Vice President in 2000. Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Prior to joining Rydex Advisors, LLC, Mr. Byrum worked for Money Management Associates, Rydex Advisors, LLC for Rushmore Funds, Inc. He holds a degree in finance from Miami University of Ohio and is a member of the CFA Institute and the Washington Society of Investment Analysts.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    RYJUX can be purchased from 100 brokerages.

    Fund Summary 
    The investment seeks to provide total returns that inversely correlate, before fees and expenses, to the price movements of a benchmark for U.S. Treasury debt instruments or futures contracts on a specified debt instrument on a daily basis. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to fixed income securities issued by the U.S. government. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Dec 5, 2007) : 0.66
    Last Cap Gain : N/A
    Annual Holdings Turnover (Oct 5, 2010) : 1,097.00%
    Average for Category:673.67%
    Fees & Expenses 
    ExpenseRYJUXCategory Avg
    Annual Report Expense Ratio (net):1.41%1.88%
    Prospectus Net Expense Ratio:1.41%N/A
    Prospectus Gross Expense Ratio:3.50%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.75%
    Max Deferred Sales Load: N/A1.00%
    3 Yr Expense Projection*:1,074876
    5 Yr Expense Projection*:1,8171,450
    10 Yr Expense Projection*:3,7742,989
    * Per $10,000 invested