Mutual Fund Insights: Rydex Transportation Adv Fund (RYPAX)

In-depth Analysis of Rydex Transportation Adv Fund (RYPAX)

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See Rydex Transportation Adv Fund (RYPAX) performance details as of February 28, 2010

  

Last Trade: $21.64 on 3/19/2010, Change: -0.30 (-1.37%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 3.6 years   [Similar Funds: RYPIX ]
Fundmojo Fund Grade: D (Score: 0.44)     (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 Transportation Adv Fund (RYPAX)

Data for Rydex Transportation Adv Fund (RYPAX) as of February 28, 2010

• Rydex Transportation Adv Fund (RYPAX) management has been with Rydex Transportation Adv Fund for 3.6 years
• Rydex Transportation Adv Fund (RYPAX) has good mid-term performance (3-year return -9.46% vs -5.48 % Industrials category average)
• Rydex Transportation Adv Fund (RYPAX) is less volatile than its peers as it has a 3-year Standard Deviation of 26.53, lower than category average of 28.92

  

 What we are cautious about Rydex Transportation Adv Fund (RYPAX)

Data for Rydex Transportation Adv Fund (RYPAX) as of February 28, 2010

• Rydex Transportation Adv Fund is a focused fund with 54.88% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Rydex Transportation Adv Fund (RYPAX) has a less-than-ideal short-term performance (1-year return 64.09% vs 76.17 % Industrials category average)
• Rydex Transportation Adv Fund (RYPAX) has a less-than-ideal Long-term performance (5-year return -0.95% vs 1.69 % Industrials category average)
• Rydex Transportation Adv Fund (RYPAX) ratio of up-years vs down years can be improved
• Rydex Transportation Adv Fund (RYPAX) has a Morningstar rating of 3 and below
• Rydex Transportation Adv Fund (RYPAX) is less safe compared to its Industrials peers
• Rydex Transportation Adv Fund (RYPAX) has an annual stock turnover rate of 875.00% that is higher than the Industrials average of 197.89%. This could mean Rydex Transportation Adv is more nimble, but also signal potential high tax impact and high trading fees
• Rydex Transportation Adv Fund (RYPAX) does not have a good risk adjusted return as its 3-year Alpha of -2.02 is worse than category average of 4.08, and its 3-year Sharpe ratio is -0.31
• Rydex Transportation Adv Fund (RYPAX) has a higher management fee of 1.90% than its Industrials average of 1.36%
• Even though Rydex Transportation Adv Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Rydex Transportation Adv Fund (RYPAX) performance details as of February 28, 2010

  

  

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Rydex Transportation Adv Fund (RYPAX) Net Asset

Track net asset change of Rydex Transportation Adv fund (RYPAX)

Date	Net Asset
02/2010	$24.69M
01/2010	$1.96M
11/2009	$970.00K

More historic net asset information on Rydex Transportation Adv Fund (RYPAX)

  

Rydex Transportation Adv Fund (RYPAX) Portfolio Allocation

Track portfolio allocation change of Rydex Transportation Adv fund (RYPAX)

Date	Cash	Stock	Bond	Other
01/2010	0.69%	99.31%	0%	0%
11/2009	0%	100%	0%	0%
09/2009	0%	100%	0%	0%

Click here to see more historic asset allocation information on Rydex Transportation Adv Fund (RYPAX)

  

Most Recent Top 10 Holdings in Rydex Transportation Adv Fund (RYPAX)

Discover what Rydex Transportation Adv Fund (RYPAX) manager is buying

31-Jan-10 United Parcel Service, Inc. Com [9.54%] Burlington Northern Santa Fe Co [7.37%] Union Pacific Corporation Commo [6.85%] FedEx Corporation Common Stock [6.18%] Norfolk Souther Corporation Com [5.01%] CSX Corporation Common Stock [4.92%] Delta Air Lines Inc. (New) Comm [3.99%] C.H. Robinson Worldwide, Inc. [3.89%] Southwest Airlines Company Comm [3.63%] Ryanair Holdings plc [3.5%]

30-Nov-09 UNITED PARCEL SVC [10.11%] BURLINGTN N SANTE FE [8.26%] UNION PACIFIC [7.51%] FEDEX CORP [7.08%] NORFOLK SO CP [5.92%] C S X CP [5.82%] C.H. Robinson Worldwide, Inc. [3.91%] SOUTHWEST AIRLINES [3.5%] Expeditors International of Was [3.34%] DELTA AIR LINES NEW [3.23%]

30-Sep-09 UNITED PARCEL SVC [6.59%] FEDEX CORP [5.79%] UNION PACIFIC [5.63%] BURLINGTN N SANTE FE [5.56%] CANADIAN NATL RAILWY [5.38%] C S X CP [4.65%] NORFOLK SO CP [4.4%] DELTA AIR LINES NEW [3.9%] C.H. Robinson Worldwide, Inc. [3.81%] SOUTHWEST AIRLINES [3.75%]

Click here for Stock Holding Change Map in Rydex Transportation Adv Fund (RYPAX)

  

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See more information on Rydex Transportation Adv Fund (RYPAX)

• Rydex Transportation Adv Fund Insights
• Rydex Transportation Adv Fund Performance Data
• Rydex Transportation Adv Fund News
• Rydex Transportation Adv Fund Score Explaination
• Rydex Transportation Adv Fund Manager Information
• Historic Rydex Transportation Adv Fund Asset Allocation Report
• Historic Rydex Transportation Adv Fund Top 10 Holding Tracking
• Historic Rydex Transportation Adv Fund Asset Under Management Tracking