4 / 5 Stars
5 5 2 1 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#10 in Mid-Cap Value
U.S. News evaluated 109 Mid-Cap Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 28.93 percent over the past year, 16.98 percent over the past three years, and 28.46 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-4.0%|
|3 Years (Annualized)||17.0%|
|5 Years (Annualized)||28.5%|
|10 Years (Annualized)||N/A|
The investment seeks to provide investment results that match, before fees and expenses, the performance of the S&P 500 Pure Value Index for large-cap value securities on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are within the capitalization range of the underlying index and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.
Fees are High compared to funds in the same category.
Rydex Series S&P 500 Pure Value Fund has an expense ratio of 1.51 percent.
Risk is High compared to funds in the same category according to Morningstar.