Rydex High Yield Strategy Fund Class A (RYHDX) Research

The fund's primary objective is to deliver investment returns that closely track the performance of the high yield bond market, before accounting for any fees and operational expenses. It commits a minimum of 80% of its net assets, along with any capital borrowed for investment purposes, to financial instruments engineered to mimic the economic characteristics of the U.S. and Canadian high-yield bond markets, or directly to high-yield debt securities. To gain this market exposure, the fund predominantly invests in derivative instruments like credit default swaps, swaps on exchange-traded funds (ETFs), and bond futures. It is important to note that this fund is not diversified.

Market snapshot

Symbol
RYHDX
Price
$119.68
Day change
+0.56%
Market cap
$19.1M
52-week range
115.47-130.95
Sector
Financial Services
Industry
Asset Management

Peer companies

  • MassMutual Emerg Mkts Dbt Blnded TR A (BXEAX)
  • MassMutual Emerg Mkts Dbt Blnded TR Y (BXEYX)
  • MFS High Yield Municipal Trust (CMU)
  • CRM All Cap Value Inv (CRMEX)
  • YieldMax Short TSLA Option Income Strategy ETF (CRSH)
  • ProFunds Mid Cap Growth Fund Investor Class (MGPIX)
  • OnTrack Core Fund Advisor Class Shares (OTRGX)
  • FT Vest U.S. Equity Equal Weight Buffer ETF - September (RSSE)

Open Rydex High Yield Strategy Fund Class A (RYHDX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.