Rydex Dow 2x Strategy Fund
RYCYX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 702 King Farm Boulevard Rockville MD United States of America 20850
- IPO Date
- Feb 20, 2004
- CIK
- 0001092720
- Website
- guggenheiminvestments.com
- Similar Companies
- Business
- Rydex Dow 2x Strategy Fund (RYCYX) is an open-end mutual fund that seeks to deliver investment results corresponding to 200% of the daily performance of the Dow Jones Industrial Average Index, before fees and expenses, through a leveraged strategy involving equity securities, derivatives such as swap agreements and futures contracts, and short-term instruments. The fund offers Class C shares (RYCYX, CUSIP 78355Y102, inception February 20, 2004), alongside Class A (RYLDX) and Class H (RYCVX) shares, with a net expense ratio of 1.77%, gross expense ratio of 1.87%, and high portfolio turnover exceeding 1,000%; it is team-managed, domiciled in the United States, and distributed by Guggenheim Funds Distributors, LLC, with Security Investors, LLC serving as investment adviser. Available primarily to U.S. investors with a minimum initial investment of $2,500, the fund targets sophisticated market participants comfortable with leveraged equity risks in the Trading--Leveraged Equity category, focusing on large-cap value stocks mirrored in the benchmark index, including top holdings such as The Goldman Sachs Group Inc., Microsoft Corp., and UnitedHealth Group Inc. In February 2024, the fund participated in reverse share splits announced for 14 Rydex funds, executed after market close on February 21, 2024, to adjust share prices without altering aggregate asset values or triggering taxable events, reflecting ongoing operational adjustments amid leveraged fund dynamics. As of December 2025, total assets under management for RYCYX stand at approximately $1.1 million, with daily NAV trading around $162.78, supporting annual distributions including a recent dividend of $1.072264 per share. The fund operates within the Guggenheim Investments family, part of Guggenheim Partners, LLC, with no reported acquisitions, funding rounds, or major strategic shifts in the past 1-2 years beyond routine portfolio rebalancing aligned with its daily 2x leverage objective.