Rydex Sers Fds, High Yield Strategy Fund C Class (RYHHX)
Rydex Sers Fds, High Yield Strategy Fund C Class operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $91.95, up 0.22% on the session, giving a market capitalisation of $18.0M. Its beta of 1.03 implies it has historically moved more than the broad market.
The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets and/or in high yield debt securities. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain exposure similar to the high yield bond market. The fund is non-diversified.
Rydex Sers Fds, High Yield Strategy Fund C Class is most often compared with the following Financial Services names: