Mutual Fund Insights: Rydex Energy Services Adv Fund (RYVAX)

In-depth Analysis of Rydex Energy Services Adv Fund (RYVAX)

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See Rydex Energy Services Adv Fund (RYVAX) performance details as of January 31, 2010

  

Last Trade: $42.26 on 3/12/2010, Change: +0.28 (0.67%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 12.0 years   [Similar Funds: RYVCX  RYVIX ]
Fundmojo Fund Grade: C (Score: 0.54)     (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 Energy Services Adv Fund (RYVAX)

Data for Rydex Energy Services Adv Fund (RYVAX) as of January 31, 2010

• Rydex Energy Services Adv Fund (RYVAX) management has been with Rydex Energy Services Adv Fund for 12.0 years
• Rydex Energy Services Adv Fund (RYVAX) has good short-term performance (1-year return 56.90% vs 39.60% Equity Energy category average)
• Rydex Energy Services Adv Fund (RYVAX) ratio of up-years vs down years is greater than 2

  

 What we are cautious about Rydex Energy Services Adv Fund (RYVAX)

Data for Rydex Energy Services Adv Fund (RYVAX) as of January 31, 2010

• Rydex Energy Services Adv Fund is a focused fund with 52.24% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Rydex Energy Services Adv Fund (RYVAX) has a less-than-ideal mid-term performance (3-year return -2.54% vs -0.93% Equity Energy category average)
• Rydex Energy Services Adv Fund (RYVAX) has a less-than-ideal Long-term performance (5-year return 7.54% vs 8.83% Equity Energy category average)
• Rydex Energy Services Adv Fund (RYVAX) has a Morningstar rating of 3 and below
• Rydex Energy Services Adv Fund (RYVAX) is less safe compared to its Equity Energy peers
• Rydex Energy Services Adv Fund (RYVAX) is more volatile than its peers as it has a 3-year Standard Deviation of 37.67 that is higher than category average of 34
• Rydex Energy Services Adv Fund (RYVAX) has a higher management fee of 1.88% than its Equity Energy average of 1.73%
• Even though Rydex Energy Services Adv Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Rydex Energy Services Adv Fund (RYVAX) performance details as of January 31, 2010

  

  

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Rydex Energy Services Adv Fund (RYVAX) Net Asset

Track net asset change of Rydex Energy Services Adv fund (RYVAX)

Date	Net Asset
01/2010	$13.43M
11/2009	$8.59M
10/2009	$9.26M

More historic net asset information on Rydex Energy Services Adv Fund (RYVAX)

  

Rydex Energy Services Adv Fund (RYVAX) Portfolio Allocation

Track portfolio allocation change of Rydex Energy Services Adv fund (RYVAX)

Date	Cash	Stock	Bond	Other
11/2009	0.6%	99.4%	0%	0%
09/2009	0.5%	99.5%	0%	0%
08/2009	0%	100%	0%	0%

Click here to see more historic asset allocation information on Rydex Energy Services Adv Fund (RYVAX)

  

Most Recent Top 10 Holdings in Rydex Energy Services Adv Fund (RYVAX)

Discover what Rydex Energy Services Adv Fund (RYVAX) manager is buying

30-Nov-09 SCHLUMBERGER LTD [10.84%] HALLIBURTON CO [6.53%] TRANSOCEAN LTD [5.88%] NATL OILWELL VARCO [5.14%] DIAMOND OFFSHORE DRL [4.69%] BAKER HUGHES INTL [4.3%] NOBLE CORP (NEW) [3.84%] WEATHERFORD INTL LTD [3.7%] CAMERON INTL CP [3.57%] FMC TECHNOLOGIES INC [3.27%]

30-Sep-09 SCHLUMBERGER LTD [9.97%] TRANSOCEAN LTD [6.44%] HALLIBURTON CO [6.27%] TENARIS S.A ADS [5.94%] NATL OILWELL VARCO [5.41%] WEATHERFORD INTL LTD [4.59%] DIAMOND OFFSHORE DRL [4.4%] BAKER HUGHES INTL [4.36%] NOBLE CORP (NEW) [3.96%] CAMERON INTL CP [3.86%]

31-Aug-09 SCHLUMBERGER LTD [10.67%] TRANSOCEAN LTD [6.47%] HALLIBURTON CO [6.22%] TENARIS S.A ADS [5.48%] NATL OILWELL VARCO [5.17%] WEATHERFORD INTL LTD [5.01%] DIAMOND OFFSHORE DRL [4.68%] NOBLE CORP (NEW) [4.15%] CAMERON INTL CP [4.13%] BAKER HUGHES INTL [4%]

Click here for Stock Holding Change Map in Rydex Energy Services Adv Fund (RYVAX)

  

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See more information on Rydex Energy Services Adv Fund (RYVAX)

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