Rydex Leisure Inv
RYLIX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Rydex Leisure Fund Class Investor (RYLIX) is an open-end mutual fund that seeks capital appreciation by investing primarily in equity securities of companies engaged in the leisure and entertainment industries, including consumer cyclical, communication services, and consumer defensive sectors. The fund employs a mid-cap blend investment style, with principal holdings in companies such as Netflix Inc., Philip Morris International Inc., McDonald's Corp., Walt Disney Co., and Comcast Corp.; its portfolio typically allocates approximately 90% to U.S. stocks, 9% to non-U.S. stocks, and the remainder to cash and other assets, targeting leisure-related businesses like media, gaming, travel, dining, and recreational services. Managed as part of the Rydex Funds lineup by Guggenheim Investments, with Security Investors, LLC serving as investment adviser and Guggenheim Funds Distributors, LLC as distributor, it features a net expense ratio of 1.40%, no front-end or deferred loads, a minimum initial investment of $2,500, and annual distributions if applicable. Launched on April 1, 1998, and domiciled in the United States, the fund operates with total net assets of approximately $8.23 million and share class assets of $5.60 million, available for sale to U.S. investors through various intermediaries with trading hours from 9:30 AM to 3:50 PM ET. The fund is team-managed, with lead manager Michael Byrum since inception and additional managers Adrian Bachman, Brendan Cain, Spencer Crane, and Scott Miller joining on July 8, 2022, reflecting a recent strategic expansion of the management team to enhance oversight in dynamic leisure sector markets. It maintains high portfolio turnover at around 214% and focuses on mid-blend styles within the Morningstar Consumer Cyclical category, with geographic emphasis on the United States supplemented by emerging Asia, the United Kingdom, developed Asia, and Canada. No major acquisitions, funding rounds, partnerships, or product launches have been reported for the fund in the last 1-2 years, underscoring its steady operational focus under Guggenheim Investments.