Mutual Fund Insights: Rydex Utilities Inv Fund (RYUIX)

In-depth Analysis of Rydex Utilities Inv Fund (RYUIX)

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See Rydex Utilities Inv Fund (RYUIX) performance details as of January 31, 2010

  

Last Trade: $25.17 on 3/17/2010, Change: +0.08 (0.32%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 9.6 years   [Similar Funds: RYUTX ]
Fundmojo Fund Grade: C (Score: 0.52)     (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 Utilities Inv Fund (RYUIX)

Data for Rydex Utilities Inv Fund (RYUIX) as of January 31, 2010

• Rydex Utilities Inv Fund (RYUIX) management has been with Rydex Utilities Inv Fund for 9.6 years
• Rydex Utilities Inv Fund (RYUIX) has good mid-term performance (3-year return -3.86% vs -4.27% Utilities category average)
• Rydex Utilities Inv Fund (RYUIX) ratio of up-years vs down years is greater than 2
• Rydex Utilities Inv Fund (RYUIX) is less volatile than its peers as it has a 3-year Standard Deviation of 17.82, lower than category average of 18.85
• Rydex Utilities Inv Fund (RYUIX) has a lower management fee than its Utilities average: 1.39% vs 1.40%
• Rydex Utilities Inv Fund (RYUIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Rydex Utilities Inv Fund (RYUIX)

Data for Rydex Utilities Inv Fund (RYUIX) as of January 31, 2010

• Rydex Utilities Inv Fund (RYUIX) has a less-than-ideal short-term performance (1-year return 9.98% vs 15.37% Utilities category average)
• Rydex Utilities Inv Fund (RYUIX) has a less-than-ideal Long-term performance (5-year return 3.15% vs 4.68% Utilities category average)
• Rydex Utilities Inv Fund (RYUIX) has a Morningstar rating of 3 and below
• Rydex Utilities Inv Fund (RYUIX) is less safe compared to its Utilities peers
• Rydex Utilities Inv Fund (RYUIX) does not have a good risk adjusted return as its 3-year Alpha of 0.74 is worse than category average of 1.07, and its 3-year Sharpe ratio is -0.24

See Rydex Utilities Inv Fund (RYUIX) performance details as of January 31, 2010

  

  

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Rydex Utilities Inv Fund (RYUIX) Net Asset

Track net asset change of Rydex Utilities Inv fund (RYUIX)

Date	Net Asset
01/2010	$30.06M
11/2009	$6.17M
10/2009	$7.64M

More historic net asset information on Rydex Utilities Inv Fund (RYUIX)

  

Rydex Utilities Inv Fund (RYUIX) Portfolio Allocation

Track portfolio allocation change of Rydex Utilities Inv fund (RYUIX)

Date	Cash	Stock	Bond	Other
11/2009	0.36%	99.64%	0%	0%
09/2009	0%	100%	0%	0%
08/2009	1.43%	98.57%	0%	0%

Click here to see more historic asset allocation information on Rydex Utilities Inv Fund (RYUIX)

  

Most Recent Top 10 Holdings in Rydex Utilities Inv Fund (RYUIX)

Discover what Rydex Utilities Inv Fund (RYUIX) manager is buying

30-Nov-09 EXELON CORPORATION [3.61%] SOUTHERN CO [3.28%] DUKE ENERGY CP HL CO [3.15%] DOMINION RES NEW [3.12%] F P L GROUP INC [2.97%] AMER ELECTRIC POW CO [2.62%] PUB ENTRPR GP [2.61%] PG&E CP [2.59%] ENTERGY CP [2.55%] SEMPRA ENERGY [2.38%]

30-Sep-09 EXELON CORPORATION [3.69%] SOUTHERN CO [3.29%] DUKE ENERGY CP HL CO [3.08%] F P L GROUP INC [3.07%] DOMINION RES NEW [3.06%] ENTERGY CP [2.68%] PG&E CP [2.64%] FIRSTENERGY CP [2.61%] PUB ENTRPR GP [2.6%] AMER ELECTRIC POW CO [2.59%]

31-Aug-09 EXELON CORPORATION [3.74%] SOUTHERN CO [3.25%] F P L GROUP INC [3.14%] DUKE ENERGY CP HL CO [3.04%] DOMINION RES NEW [2.95%] PG&E CP [2.66%] ENTERGY CP [2.66%] AMER ELECTRIC POW CO [2.64%] PUB ENTRPR GP [2.64%] FIRSTENERGY CP [2.59%]

Click here for Stock Holding Change Map in Rydex Utilities Inv Fund (RYUIX)

  

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Latest News on Rydex Utilities Inv (RYUIX)

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See more information on Rydex Utilities Inv Fund (RYUIX)

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