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Rydex S&P 500 Pure Value Fund (RYLVX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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97.10-0.02 (-0.02%)
At close: 08:00PM EDT

Rydex S&P 500 Pure Value Fund

Rockville, MD 20850

9601 Blackwell Road,Suite 500

Rydex Series Funds

Management Information
Michael P. Byrum,Lead Manager since February 19, 2004
Michael P. Byrum, CFA, Senior Vice President—Mr. Byrum has been associated with the Security Investors since 1993. Mr. Byrum was the inaugural portfolio manager for many of the Rydex products, including the Rydex leveraged and inverse funds, sector fund lineup and alternative investment portfolios. Today, Mr. Byrum continues to play an instrumental role in product development and investment strategy at Guggenheim Investments and oversees the trading, research and portfolio management activities of the quantitative strategies team, which focuses on target beta, alternative and asset allocation strategies. He is the chairman of the Investment Strategy Committee and is a member of the Risk Management Committee and Credit Review Committee. Prior to joining the Security Investors， Mr. Byrum served in a brokerage capacity with Money Management Associates, the registered investment advisor to Rushmore Funds, Inc. He earned a B.S. in finance from the Miami University of Ohio. He also has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute and the CFA Society of Washington.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryLarge Value
Fund FamilyRydex Funds
Net Assets8.96M
YTD Return4.24%
Yield1.74%
Morningstar Rating★
Inception DateAug 31, 2004

Fund Operations

Last Dividend1.72
Last Cap Gain-39.00
Holdings Turnover594.00%
Average for CategoryN/A

Fees & Expenses

ExpenseRYLVXCategory Average
Annual Report Expense Ratio (net)2.30%0.90%
Prospectus Net Expense Ratio2.30%N/A
Prospectus Gross Expense Ratio2.30%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/AN/A
Max Deferred Sales LoadN/AN/A
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A