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Rydex Basic Materials A (RYBMX) Fund Ranking and Research

Ranking, Research and Recommendation of Rydex Basic Materials A (RYBMX) Fund

    Last Trade: $53.27 on 6/28/2017, Change: +0.82 (1.56%)

 

Graph of Rydex Basic Materials A Fund (RYBMX) ManagerFund Manager - Michael P. Byrum

Fund Manager Information

Fund Manager Tenure: 19.3 years
Similar Funds: RYBAX  RYBCX  RYBIX 
Fund Family: Rydex Funds
Fund Category: Natural Resources
Fund Performance: May 30, 2016
Fundmojo Fund Grade: *Master* (Score: 0.85)     (What does this score mean?)
Byrum is president and CIO of Rydex Investments, his employer since its foundation in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003. He was named Vice President of Portfolio for Rydex Investments in 1998, and Executive Vice President in 2000. Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Prior to joining Rydex Advisors, LLC, Mr. Byrum worked for Money Management Associates, Rydex Advisors, LLC for Rushmore Funds, Inc. He holds a degree in finance from Miami University of Ohio and is a member of the CFA Institute and the Washington Society of Investment Analysts.  Get more insights on Michael P. Byrum

 

Graph of Rydex Basic Materials A Fund (RYBMX) ProfileRydex Basic Materials A Fund (RYBMX) Profile

Fund Profile and Description

Rydex Basic Materials A Fund seeks capital appreciation. Rydex Basic Materials A Fund invests substantially at least 80% of net assets in equity securities of Basic Materials Companies that are traded in the United States and derivatives. Basic Materials Companies are engaged in the manufacture; mining, processing, or distribution of raw materials and intermediate goods used in the industrial sector, and may be involved in the production and transportation of metals, textiles, and wood products. It invests to a significant extent in the securities of Basic Materials Companies that have small to mid-sized capitalizations. Rydex Basic Materials A Fund is non-diversified.

 

Rydex Basic Materials A (RYBMX) Fund Strength What we like about Rydex Basic Materials A (RYBMX) Fund

Data for Rydex Basic Materials A Fund (RYBMX) as of May 30, 2016

  • Rydex Basic Materials A Fund (RYBMX) management has been with Rydex Basic Materials A Fund for 19.3 years
  • Rydex Basic Materials A Fund (RYBMX) has good short-term performance (1-year return -5.57% vs -16.02% Natural Resources category median performance)
  • Rydex Basic Materials A Fund (RYBMX) has good mid-term performance (3-year return 0.58% vs -7.51% Natural Resources category median performance)
  • Rydex Basic Materials A Fund (RYBMX) has good Long-term performance (5-year return -2.55% vs -7.88% Natural Resources category median performance)
  • Rydex Basic Materials A Fund (RYBMX) has a Morningstar rating of 4 and above
  • Rydex Basic Materials A Fund (RYBMX) is less volatile than its peers as it has a 3-year Standard Deviation of 18.98, lower than category average of 19.38

Rydex Basic Materials A Fund (RYBMX) Weakness What we are cautious about Rydex Basic Materials A (RYBMX) Fund

Data for Rydex Basic Materials A Fund (RYBMX) as of May 30, 2016

  • Rydex Basic Materials A Fund (RYBMX) ratio of up-years vs down years can be improved
  • Rydex Basic Materials A Fund (RYBMX) has an annual stock turnover rate of 358.00% that is higher than the Natural Resources average of 73.81%. This could mean Rydex Basic Materials A is more nimble, but also signal potential high tax impact and high trading fees
  • Rydex Basic Materials A Fund (RYBMX) has a higher expense ratio of 1.60% than its Natural Resources average of 1.40%
  • Rydex Basic Materials A Fund (RYBMX) carries a 4.75% load
  • As a Natural Resources focused fund, Rydex Basic Materials A Fund (RYBMX) is less diversified and has inherited sector risks associated with the fund
  • Asset base in Rydex Basic Materials A Fund (RYBMX) has increased significantly in the last 2 months. The fund manager may not be able to achieve the desired investment results with the large cash inflow
See Rydex Basic Materials A Fund (RYBMX) performance details as of May 30, 2016

 

What do you think?

 

Compare Rydex Basic Materials A Fund (RYBMX)Compare with other top Natural Resources category mutual funds

Aadditional top Natural Resources mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Rydex Basic Materials A17.60-5.570.58-2.55
Dreyfus Natural Resources A (DNLAX)8.25-17.37-3.83-3.00Compare
Fidelity Select Chemicals Portfolio (FSCHX)7.92-1.888.369.76Compare
T. Rowe Price Real Assets (PRAFX)12.60-5.090.14-2.42Compare

See top fund managers for Natural Resources Category Funds

 

Compare Rydex Basic Materials A Fund (RYBMX)Compare with Natural Resources category ETFs

Some Natural Resources ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Materials AlphaDEX ETF (FXZ)000
Vanguard Materials ETF (VAW)000
SPDR S&P International Matls Sect ETF (IRV)000
Materials Select Sector SPDR ETF (XLB)000
PowerShares S&P SmallCap Materials ETF (PSCM)000

 

Graph of Rydex Basic Materials A Fund (RYBMX) Net Asset TrackingRydex Basic Materials A (RYBMX) Fund Net Asset

Track net asset change of Rydex Basic Materials A fund (RYBMX)

DateNet Asset
05/2016$93.63M
03/2016$38.28M
02/2016$19.52M
More historic net asset information on Rydex Basic Materials A Fund (RYBMX)

  

Graph of Rydex Basic Materials A Fund (RYBMX) Portfolio TrackingRydex Basic Materials A (RYBMX) Fund Portfolio Allocation

Track portfolio allocation change of Rydex Basic Materials A fund (RYBMX)

DateCashStockBondOther
04/20162.63%97.37%0%0%
03/20160.7%99.3%0%0%
01/20160.35%99.65%0%0%
Click here to see more historic asset allocation information on Rydex Basic Materials A Fund (RYBMX)

 

graph of Rydex Basic Materials A Fund (RYBMX) Top 10 Position TrackingTop 10 Holdings in Rydex Basic Materials A (RYBMX) Fund

Discover what Rydex Basic Materials A Fund (RYBMX) manager is buying

Apr 29, 2016
Dow Chemical Company (The) Comm [3%]
E.I. du Pont de Nemours and Com [2.96%]
Monsanto Company Common Stock [2.46%]
Ecolab Inc. Common Stock [2.32%]
Praxair, Inc. Common Stock [2.28%]
LyondellBasell Industries NV Or [2.2%]
Air Products and Chemicals, Inc [2.18%]
PPG Industries, Inc. Common Sto [2.1%]
Sherwin-Williams Company (The) [1.99%]
BARRICK GOLD CORPORATION [1.94%]

Mar 30, 2016
Dow Chemical Company (The) Comm [3.27%]
E.I. du Pont de Nemours and Com [3.21%]
Monsanto Company Common Stock [2.61%]
LyondellBasell Industries NV Or [2.57%]
Ecolab Inc. Common Stock [2.54%]
Praxair, Inc. Common Stock [2.5%]
Air Products and Chemicals, Inc [2.43%]
PPG Industries, Inc. Common Sto [2.39%]
Sherwin-Williams Company (The) [2.17%]
International Paper Company Com [1.77%]

Jan 30, 2016
Dow Chemical Company (The) Comm [2.93%]
E.I. du Pont de Nemours and Com [2.84%]
Monsanto Company Common Stock [2.76%]
LyondellBasell Industries NV Or [2.51%]
Ecolab Inc. Common Stock [2.46%]
Praxair, Inc. Common Stock [2.42%]
Air Products and Chemicals, Inc [2.33%]
PPG Industries, Inc. Common Sto [2.26%]
Sherwin-Williams Company (The) [2.18%]
BARRICK GOLD CORPORATION [1.7%]
Click here for Stock Holding Change Map in Rydex Basic Materials A Fund (RYBMX)

  

Latest News on Rydex Basic Materials A (RYBMX) Fund

See what is happening with Rydex Basic Materials A Fund (RYBMX)

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Rydex Basic Materials A Fund (RYBMX) Related ResourcesSee more information on Rydex Basic Materials A (RYBMX) Fund

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