RYHGX

About RYHGX

Rydex High Yield Strategy Fund Class H is an open‑end mutual fund designed to deliver exposure to the U.S. high‑yield bond market. Its primary objective is to produce investment results that correlate, before fees and expenses, with the performance of the high‑yield debt universe, using a toolkit that includes credit default swaps, high‑yield securities, and related derivatives to mirror broad market credit risk and income characteristics. The fund is benchmarked to the Bloomberg U.S. Corporate High Yield Index and is team‑managed by Security Investors, LLC. As a nondiversified strategy, it may concentrate positions more than diversified peers, which can increase issuer‑specific risk while targeting representative high‑yield market exposure. The fund maintains an annual, if applicable, distribution policy and reports a stated net expense ratio in line with its derivatives‑based approach. Within the fixed‑income landscape, it serves allocators seeking systematic access to below‑investment‑grade credit as a segment sleeve for income and credit‑spread beta, complementing core bond holdings and offering a vehicle for tactical credit positioning across cycles.