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Guggenheim Long Short Equity P (RYSRX) Fund Ranking and Research

Ranking, Research and Recommendation of Guggenheim Long Short Equity P (RYSRX) Fund

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Graph of Guggenheim Long Short Equity P Fund (RYSRX) ManagerFund Manager - Ryan A. Harder

Fund Manager Information

Fund Manager Tenure: 12.3 years
Fund Family: Guggenheim Investments
Fund Category: Long-Short Equity
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.64)     (What does this score mean?)
Harder joined Rydex Investments in 2004 as an assistant portfolio manager, was promoted to portfolio manager in 2005 and has served in his current capacity since 2008. Prior to joining Rydex Investments, he served in various capacities with WestLB Asset Management, including as an assistant portfolio manager, and worked in risk management at CIBC World Markets.He holds a B.A. in Economics from Brock University in Ontario, Canada and a Master of Science in International Securities, Investment and Banking from the ICMA Centre at the University of Reading in the U.K. Harder holds the Chartered Financial Analyst designation.  Get more insights on Ryan A. Harder

 

Graph of Guggenheim Long Short Equity P Fund (RYSRX) ProfileGuggenheim Long Short Equity P Fund (RYSRX) Profile

Fund Profile and Description

Guggenheim Long Short Equity P Fund seeks long-term capital appreciation. Guggenheim Long Short Equity P Fund is managed to respond to the dynamically changing economy by moving its investments among different sectors or industries. The advisor uses a quantitative methodology, to rank approximately sixty different industries and may sell short the common stock of companies in the lowest ranked industries. Guggenheim Long Short Equity P Fund then invests in the common stock of the top ranked industries. It may enter into short sales. It is non-diversified.

 

Guggenheim Long Short Equity P (RYSRX) Fund Strength What we like about Guggenheim Long Short Equity P (RYSRX) Fund

Data for Guggenheim Long Short Equity P Fund (RYSRX) as of May 30, 2016

  • Guggenheim Long Short Equity P Fund (RYSRX) management has been with Guggenheim Long Short Equity P Fund for 12.3 years
  • Guggenheim Long Short Equity P Fund (RYSRX) has good mid-term performance (3-year return 3.65% vs 2.72% Long-Short Equity category median performance)
  • Guggenheim Long Short Equity P Fund (RYSRX) ratio of up-years vs down years is greater than 2
  • Guggenheim Long Short Equity P Fund (RYSRX) is less volatile than its peers as it has a 3-year Standard Deviation of 6.94, lower than category average of 8.81

Guggenheim Long Short Equity P Fund (RYSRX) Weakness What we are cautious about Guggenheim Long Short Equity P (RYSRX) Fund

Data for Guggenheim Long Short Equity P Fund (RYSRX) as of May 30, 2016

  • Guggenheim Long Short Equity P Fund (RYSRX) has a less-than-ideal short-term performance (1-year return -4.17% vs -3.77% Long-Short Equity category median performance)
  • Guggenheim Long Short Equity P Fund (RYSRX) has a less-than-ideal Long-term performance (5-year return 1.50% vs 2.87% Long-Short Equity category median performance)
  • Guggenheim Long Short Equity P Fund (RYSRX) has a Morningstar rating of 3 and below
  • Even though Guggenheim Long Short Equity P Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses
See Guggenheim Long Short Equity P Fund (RYSRX) performance details as of May 30, 2016

 

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Compare Guggenheim Long Short Equity P Fund (RYSRX)Compare with other top Long-Short Equity category mutual funds

Aadditional top Long-Short Equity mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Guggenheim Long Short Equity P-2.96-4.173.651.50
Boston Partners Long/Short Equity Instl (BPLSX)11.4912.095.377.58Compare
Burnham Financial Long/Short A (BURFX)-4.536.8212.4710.68Compare
Diamond Hill Long-Short A (DIAMX)2.27-1.425.517.22Compare

See top fund managers for Long-Short Equity Category Funds

 

Graph of Guggenheim Long Short Equity P Fund (RYSRX) Net Asset TrackingGuggenheim Long Short Equity P (RYSRX) Fund Net Asset

Track net asset change of Guggenheim Long Short Equity P fund (RYSRX)

DateNet Asset
05/2016$48.97M
03/2016$51.66M
02/2016$50.15M
More historic net asset information on Guggenheim Long Short Equity P Fund (RYSRX)

  

Graph of Guggenheim Long Short Equity P Fund (RYSRX) Portfolio TrackingGuggenheim Long Short Equity P (RYSRX) Fund Portfolio Allocation

Track portfolio allocation change of Guggenheim Long Short Equity P fund (RYSRX)

DateCashStockBondOther
04/201637.67%59.55%0%2.78%
03/201642.76%54.49%0%2.76%
01/201639.1%58.03%0%2.87%
Click here to see more historic asset allocation information on Guggenheim Long Short Equity P Fund (RYSRX)

 

graph of Guggenheim Long Short Equity P Fund (RYSRX) Top 10 Position TrackingTop 10 Holdings in Guggenheim Long Short Equity P (RYSRX) Fund

Discover what Guggenheim Long Short Equity P Fund (RYSRX) manager is buying

Apr 29, 2016
Guggenheim Strategy I [4.08%]
White Mountains Insurance Group [0.66%]
Marathon Oil Corporation Common [0.62%]
National Fuel Gas Company Commo [0.59%]
Joy Global Inc. Common Stock [0.59%]
Archer-Daniels-Midland Company [0.58%]
United States Steel Corporation [0.58%]
Bunge Limited Bunge Limited [0.57%]
Allegheny Technologies Incorpor [0.57%]
Cummins Inc. Common Stock [0.56%]

Mar 30, 2016
Guggenheim Strategy I [3.97%]
Blue Buffalo Pet Products, Inc. [0.64%]
Columbia Pipeline Group, Inc. C [0.62%]
White Mountains Insurance Group [0.62%]
WESCO International, Inc. Commo [0.55%]
Computer Sciences Corporation C [0.54%]
Armstrong World Industries Inc [0.53%]
Eagle Materials Inc Common Stoc [0.53%]
Masco Corporation Common Stock [0.52%]
Wynn Resorts, Limited [0.52%]

Jan 30, 2016
Guggenheim Strategy I [4.19%]
American Water Works Company, I [0.59%]
Altria Group, Inc. [0.58%]
Reynolds American Inc Common St [0.58%]
White Mountains Insurance Group [0.58%]
Constellation Brands, Inc. Comm [0.58%]
Aqua America, Inc. Common Stock [0.58%]
CA Inc. [0.56%]
SCANA Corporation Common Stock [0.56%]
Dr Pepper Snapple Group, Inc Dr [0.56%]
Click here for Stock Holding Change Map in Guggenheim Long Short Equity P Fund (RYSRX)

  

Latest News on Guggenheim Long Short Equity P (RYSRX) Fund

See what is happening with Guggenheim Long Short Equity P Fund (RYSRX)

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Guggenheim Long Short Equity P Fund (RYSRX) Related ResourcesSee more information on Guggenheim Long Short Equity P (RYSRX) Fund

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