1. Home
  2. Mutual Funds
  3. Dow Jones Industrial Average®

RYDHX

Dow Jones Industrial Average®

Price $106.66
Change $1.01 / 0.96%
As of 11/22/24
 
Resources
Fact Card
Prospectus
Summary Prospectus
 
Semi-Annual Financial Report
Annual Financial Report

Investment Strategy

Seeks to provide investment results that match, before fees and expenses, the performance of The Dow Jones Industrial Average® on a daily basis.

Fund Highlights and Applications

  • Potential to profit in a rising stock market environment.
  • Unlimited exchange privileges—no holding periods and transaction fees—among equivalent share classes of 57 Rydex funds. (A and C share classes may impose sales charges on new purchases or for early redemptions.)
  • Quantitative management style, which provides consistent systematic long exposure to the Dow Jones Industrial Average® Index.

Industry Breakdown

Distributions
Most Recent Income $0.678894
Dividend $0.587566
Most Recent Capital Gain $0.091328

Fees and Expenses
Gross Expense Ratio 1.68%
Net Expense Ratio 1.64%  

Symbols & CUSIPs

Class Symbol CUSIP Inception
A RYDAX 78356C539 12/1/15
C RYDKX 78356C521 12/1/15
H RYDHX 78356C513 12/1/15

Investment Team

Team Managed 

Operations

Fund Type Rydex
Distribution Frequency Annual (if applicable)
Benchmark Dow Jones Industrial Average Index
Telephone 800.820.0888
Trading Hours Phone: 9:30 AM - 3:45 PM ET
Web: 9:30 AM - 3:55 PM ET
Note: Each financial intermediary may have its own rules about shares transactions, and may have earlier cut - off times for processing your transaction.
Investment Adviser Security Investors, LLC
Distributor Guggenheim Funds Distributors, LLC
Performance displayed represents past performance which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized. With Load performance reflects maximum sales charges or contingent deferred sales charges (CDSC) as applicable. Class A-shares have a maximum sales charge of 4.75%. Class C-shares have a maximum CDSC of 1% for shares redeemed within 12 months of purchase.

Data is subject to change on a daily basis. Partial year returns are cumulative, not annualized. Returns reflect the reinvestment of dividends.

The Dow Jones Industrial Average Fund may not be suitable for all investors. • The fund is subject to the risk that large-capitalization stocks may underperform other segments of the equity market or the equity market as a whole. • The fund is subject to the risk that unanticipated early closings of securities exchanges and other financial markets may result in the Fund’s inability to buy or sell securities or other financial instruments on that day. • The fund’s use of derivatives such as futures, options and swap agreements will expose the funds to additional risks that they would not be subject to if they invested directly in the securities underlying those derivatives. • In certain circumstances, it may be difficult for the Fund to purchase and sell a particular security or derivative instrument within a reasonable time at a fair price. • This fund is subject to active trading and tracking error risks, which may increase volatility, impact the fund’s ability to achieve its investment objective, and may decrease the fund’s performance. • This fund is considered non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single security could cause greater fluctuations in the value of fund shares than would occur in a more diversified fund • Please read the prospectus for more detailed information regarding these and other risks.

The “Dow Jones Industrial Average” is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Guggenheim Investments. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); DJIA®, The Dow®, Dow Jones® and Dow Jones Industrial Average are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Guggenheim Investments. This product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Dow Jones Industrial Average.

The Advisor has contractually agreed to waive the management fee it receives from the Fund in an amount equal to the management fee paid to the Advisor by the Subsidiary through August 1, 2024. Read the prospectus for more information regarding fees and expenses.

Subscribe to Our Perspectives
 
PRIVACY POLICY
BUSINESS CONTINUITY
LEGAL INFORMATION
Your Privacy Rights

Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.

Investing involves risk, including the possible loss of principal.

Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Wealth Solutions, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, and GS GAMMA Advisors, LLC.

© 2024 Guggenheim Investments. All Rights Reserved.

Research our firm with FINRA Broker Check.

• Not FDIC Insured • No Bank Guarantee • May Lose Value

This website is directed to and intended for use by citizens or residents of the United States of America only. The material provided on this website is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. Investing involves risk, including the possible loss of principal.