Rydex High Yield Strategy Fund

Scorecard
3 / 5 Stars
Lipper
3 3 1 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 174 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 10.45 percent over the past year, 9.11 percent over the past three years, and 13.74 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.4%
1 Year 10.5%
3 Years (Annualized) 9.1%
5 Years (Annualized) 13.7%
10 Years (Annualized) N/A

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Summary

The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of the high yield bond market. The fund seeks to gain exposure similar to the total return of the high yield bond market as represented by the global universe (excluding emerging market countries) of fixed rate, non-investment grade debt by investing in credit default swaps, high yield securities, futures and other financial instruments with economic characteristics comparable to that of the high yield bond market as represented by U.S. and Canadian high yield bonds. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
Rydex High Yield Strategy Fund has an expense ratio of 1.51 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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