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Mutual Fund Insights: Rydex Telecommunications A Fund (RYTLX)

In-depth Analysis of Rydex Telecommunications A Fund (RYTLX)

Mutual fund chart: Rydex Telecommunications A Fund (RYTLX)

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See Rydex Telecommunications A Fund (RYTLX) performance details as of January 31, 2010

  

    Last Trade: $12.96 on 3/12/2010, Change: -0.05 (-0.38%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 12.0 years
Fundmojo Fund Grade: D (Score: 0.47)     (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 Telecommunications A Fund (RYTLX) What we like about Rydex Telecommunications A Fund (RYTLX)

Data for Rydex Telecommunications A Fund (RYTLX) as of January 31, 2010

  • Rydex Telecommunications A Fund (RYTLX) management has been with Rydex Telecommunications A Fund for 12.0 years
  • Rydex Telecommunications A Fund (RYTLX) has good mid-term performance (3-year return -11.45% vs -11.49% Communications category average)
  • Rydex Telecommunications A Fund (RYTLX) has good Long-term performance (5-year return -2.06% vs -2.19% Communications category average)
  • Rydex Telecommunications A Fund (RYTLX) is less volatile than its peers as it has a 3-year Standard Deviation of 24.42, lower than category average of 29.26

  

What we are cautious about Rydex Telecommunications A Fund (RYTLX) What we are cautious about Rydex Telecommunications A Fund (RYTLX)

Data for Rydex Telecommunications A Fund (RYTLX) as of January 31, 2010

  • Rydex Telecommunications A Fund is a focused fund with 57.59% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
  • Rydex Telecommunications A Fund (RYTLX) has a less-than-ideal short-term performance (1-year return 26.24% vs 37.88% Communications category average)
  • Rydex Telecommunications A Fund (RYTLX) ratio of up-years vs down years can be improved
  • Rydex Telecommunications A Fund (RYTLX) has a Morningstar rating of 3 and below
  • Rydex Telecommunications A Fund (RYTLX) is less safe compared to its Communications peers
  • Rydex Telecommunications A Fund (RYTLX) does not have a good risk adjusted return as its 3-year Alpha of -2.71 is worse than category average of -1.18, and its 3-year Sharpe ratio is -0.45
  • Rydex Telecommunications A Fund (RYTLX) has a higher management fee of 1.63% than its Communications average of 1.60%
  • Rydex Telecommunications A Fund (RYTLX) carries a 4.75% load
See Rydex Telecommunications A Fund (RYTLX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Communications category?

Below are some additional Communications mutual funds generated out of our database

  

Rydex Telecommunications A Fund (RYTLX) Net Asset

Track net asset change of Rydex Telecommunications A fund (RYTLX)

DateNet Asset
01/2010$1.05M
11/2009$640.00K
10/2009$540.00K
More historic net asset information on Rydex Telecommunications A Fund (RYTLX)

  

Rydex Telecommunications A Fund (RYTLX) Portfolio Allocation

Track portfolio allocation change of Rydex Telecommunications A fund (RYTLX)

DateCashStockBondOther
11/20090.45%99.55%0%0%
09/20090%100%0%0%
08/20090.37%99.64%0%0%
Click here to see more historic asset allocation information on Rydex Telecommunications A Fund (RYTLX)

  

Most Recent Top 10 Holdings in Rydex Telecommunications A Fund (RYTLX)

Discover what Rydex Telecommunications A Fund (RYTLX) manager is buying

30-Nov-09
AT&T INC. [10.9%]
Cisco Systems, Inc. [9.72%]
VERIZON COMMUN [8.37%]
QUALCOMM Incorporated [7.6%]
Research In Motion Limited [4.51%]
MOTOROLA INC [3.54%]
AMER TOWER CP [3.45%]
JUNIPER NETWORKS [3.08%]
CROWN CASTLE INTL [2.87%]
CENTURYTEL INC [2.81%]

30-Sep-09
AT&T INC. [9.32%]
Cisco Systems, Inc. [8.63%]
Vodafone Group Plc [8.4%]
VERIZON COMMUN [6.56%]
QUALCOMM Incorporated [5.92%]
NOKIA CP ADS [5.53%]
DEUTSCHE TELE AG ADS [4.67%]
AMERICA MOVIL, S.A.B [4.15%]
LM Ericsson Telephone Company [3.85%]
Research In Motion Limited [3.71%]

31-Aug-09
AT&T INC. [9.54%]
VODAFONE GRP PLC ADS [8.6%]
Cisco Systems, Inc. [8.4%]
VERIZON COMMUN [7.14%]
QUALCOMM Incorporated [6.49%]
NOKIA CP ADS [5.62%]
DEUTSCHE TELE AG ADS [4.83%]
AMERICA MOVIL, S.A.B [4.53%]
Research In Motion Limited [4.26%]
LM Ericsson Telephone Company [3.9%]
Click here for Stock Holding Change Map in Rydex Telecommunications A Fund (RYTLX)

  

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