• Rydex Telecommunications Fund

Rydex Funds
US, Telecommunications

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Rydex Telecommunications Fund

RYTLX

Summary

The fund seeks capital appreciation by investing in small-and mid-size companies in the United States.

The investment process is designed to highlight companies engaged in the development, manufacture, or sale of communications services or communications equipment.

According to the investment team, telecommunications companies include traditional and wireless telephone services or equipment providers, Internet equipment and service providers, and fiber-optics.

Then the research team combines a proprietary quantitative and qualitative methodology to identify investment opportunities.

The team utilizes screens based on price, liquidity, and tradability to evaluate potential investments.

Then the manager constructs a portfolio of stocks from a list of companies in the benchmark index favored by the research team and allocates capital based on its conviction level.

The fund also may purchase American Depositary Receipts to gain exposure to foreign telecommunications companies and U.S. government securities.

Strategy Process Research Risk Philosophy

Price

Last Close

$ 55.32 ( +0.2 )

52 Week HL

$55.6 - $41.02

Net Assets

$2.6 M

Expense Ratio

1.71 %

Top 10 Holdings

Mar 10, 2021

Company Name

  • Verizon Communications
  • Cisco Systems
  • AT&T Inc
  • T-MOBILE US
  • Comcast Corporation

Holding

  • 9.77
  • 9.56
  • 9.48
  • 8.12
  • 5.43

Company Name

  • Charter Communications
  • Motorola Solutions
  • Ubiquiti Networks
  • LUMEN TECHNOLOGIES
  • Arista Networks,
  • Total

Holding

  • 3.82
  • 3.66
  • 3.28
  • 3.00
  • 2.86
  • 58.98%

Manager

Name

Michael P. Byrum

Leadership

Single Manager

Tenure

2003

Advisor

Documents

Prospectus

Fact Sheet

Annual Reports

Website

Link

Performance

YTD

15 %

3 Year

34.07%

5 Year

37.1%

Best

29.83%
2009

Worst

-45.15%
2008

Returns +
Quarterly

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 5.2% -12.6% 11% -0.3% 2.1% 5.2% 0.5% 0.3% 3.8% 7.9% -
Q2 6.4% 12.1% -1.3% 2.9% -2.1% 2.3% -0.9% 3.4% 0.7% -10% -
Q3 2.7% -2.2% -0.1% 7.6% 1.6% 7.2% -9.1% -0.6% 3.7% 6.2% -
Q4 - 12% -2.2% -12.6% 3.3% 1.8% 2.5% -0.5% 8% 0.5% -

Returns +
Monthly

J F M A M J J A S O N D
2021 1% -0.4% 4.6% 2.9% 2.4% 1% 0.3% 1.5% 0.9% - - -
2020 -1.8% -2.9% -8.4% 8.7% 3.2% -0.1% 4.7% -0.5% -6.2% -2.3% 13.9% 0.6%

Returns +
Annual

    2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
    0%16%29%-6%19%8%-1%14%29%13%0%

Alpha

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
RYTLX 15%7%9%-6%6%17%-7%3%17%4%-14%
S&P 500 -16%29%-6%19%8%-1%14%29%13%-
Alpha 15%-8%-20%1%-13%9%-7%-11%-12%-9%-14%

RYTLX S&P 500

Chart +