Rydex High Yield Strategy Fund (RYHHX) NASDAQ

105.47

-0.34(-0.32%)

Updated at December 09 08:07AM

Currency In USD

Rydex High Yield Strategy Fund

Address

702 King Farm Boulevard

Rockville, MD 20850

United States of America

Phone

301-296-5100

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 13, 2007

Key Executives

N/A

Description

The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments that in combination have economic characteristics similar to the U.S. and Canadian high yield bond markets and/or in high yield debt securities. It will primarily invest in credit default swaps, swaps on ETFs, and bond futures to gain exposure similar to the high yield bond market. The fund is non-diversified.