Guggenheim Series Multi-Hedge Strategies Fund (RYMQX)

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Guggenheim Series Multi-Hedge Strategies Fund (RYMQX) is up 5.1% since the beginning of the year. RYMQX is currently trading at $24 per share. Investors who bought $1,000 worth of RYMQX shares 5 years ago would now be looking at an investment worth $1,024.

Guggenheim Series Multi-Hedge Strategies Fund (RYMQX) has returned 5.08% so far this year and 9.12% over the past 12 months. Over the last ten years, RYMQX has returned 2.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.71% annually.

Based on dividend-adjusted daily data since Jan 3, 2006, RYMQX's average daily return is +0.01%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.

Historically, 63% of months were positive and 37% were negative. The best month was Mar 2009 with a return of +3.2%, while the worst month was Oct 2008 at -11.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, RYMQX closed higher 49% of trading days. The best single day was Oct 13, 2008 with a return of +6.2%, while the worst single day was Oct 15, 2008 at -4.5%.

Guggenheim Series Multi-Hedge Strategies Fund has an annualized alpha of -0.75%, beta of 0.21, and R2 of 0.39 versus S&P 500 Index. Calculated based on daily prices since January 03, 2006.

• This fund participated in 21.52% of S&P 500 Index downside but only 14.01% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.21 may look defensive, but with R2 of 0.39 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.39 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.

RYMQX has a high expense ratio of 1.76%, indicating above-average management fees.

RYMQX ranks 78 for risk / return — better than 78% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Guggenheim Series Multi-Hedge Strategies Fund provided a 9.64% dividend yield over the last twelve months, with an annual payout of $2.32 per share.

The table displays the monthly dividend distributions for Guggenheim Series Multi-Hedge Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Guggenheim Series Multi-Hedge Strategies Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Guggenheim Series Multi-Hedge Strategies Fund was 29.13%, occurring on Mar 9, 2009. Recovery took 2790 trading sessions.

The current Guggenheim Series Multi-Hedge Strategies Fund drawdown is 2.48%.

The chart below shows the rolling one-month volatility.