Mutual Fund Insights: Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

In-depth Analysis of Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

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See Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) performance details as of January 31, 2010

  

Last Trade: $11.22 on 3/18/2010, Change: -0.05 (-0.44%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 10.6 years
Fundmojo Fund Grade: E (Score: 0.3)     (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.Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Byrum holds the Charted Financial Analyst designation.  Get more insights on Michael P. Byrum

  

 What we like about Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

Data for Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) as of January 31, 2010

• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) management has been with Rydex Govt Long Bond 1.2x Strategy C Fund for 10.6 years

  

 What we are cautious about Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

Data for Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) as of January 31, 2010

• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) has a less-than-ideal short-term performance (1-year return -13.96% vs -4.33% Long Government category average)
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) has a less-than-ideal mid-term performance (3-year return 5.14% vs 6.78% Long Government category average)
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) has a less-than-ideal Long-term performance (5-year return 2.34% vs 4.22% Long Government category average)
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) ratio of up-years vs down years can be improved
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) has a Morningstar rating of 3 and below
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) is less safe compared to its Long Government peers
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) does not have a good risk adjusted return as its 3-year Alpha of -12.78 is worse than category average of -7.64, and its 3-year Sharpe ratio is 0.24
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) is more volatile than its peers as it has a 3-year Standard Deviation of 23.65 that is higher than category average of 16.16
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) has a higher management fee of 1.97% than its Long Government average of 0.94%
• Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) carries a 1% load

See Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) performance details as of January 31, 2010

  

  

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Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) Net Asset

Track net asset change of Rydex Govt Long Bond 1.2x Strategy C fund (RYCGX)

Date	Net Asset
01/2010	$14.24M
11/2009	$15.35M
10/2009	$14.94M

More historic net asset information on Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

  

Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) Portfolio Allocation

Track portfolio allocation change of Rydex Govt Long Bond 1.2x Strategy C fund (RYCGX)

Date	Cash	Stock	Bond	Other
11/2009	5.15%	0%	94.85%	0%
10/2009	4%	0%	96%	0%
08/2009	4.09%	0%	95.91%	0%

Click here to see more historic asset allocation information on Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

  

Most Recent Top 10 Holdings in Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

Discover what Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX) manager is buying

30-Nov-09 United States Treas Bds 4.375% [94.13%] US LONG BOND(CBT) Mar10 [0.72%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Oct-09 US Treasury Bond [95.59%] US LONG BOND(CBT) DEC 09 [0.41%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Aug-09 US Treasury Bond 4.25% [96.13%] US Treasury Bond [0.42%] US Treasury Bond (Fut) [0.86%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

  

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See more information on Rydex Govt Long Bond 1.2x Strategy C Fund (RYCGX)

• Rydex Govt Long Bond 1.2x Strategy C Fund Insights
• Rydex Govt Long Bond 1.2x Strategy C Fund Performance Data
• Rydex Govt Long Bond 1.2x Strategy C Fund News
• Rydex Govt Long Bond 1.2x Strategy C Fund Score Explaination
• Rydex Govt Long Bond 1.2x Strategy C Fund Manager Information
• Historic Rydex Govt Long Bond 1.2x Strategy C Fund Asset Allocation Report
• Historic Rydex Govt Long Bond 1.2x Strategy C Fund Top 10 Holding Tracking
• Historic Rydex Govt Long Bond 1.2x Strategy C Fund Asset Under Management Tracking