Inverse S&P 500 Strategy Fund
Data updated: 2026-06-01
C000010423 — Inverse S&P 500 Strategy Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Inverse / Short · $4.68M AUM · 1.82% expense ratio · -12.1% 1-yr return. From SEC regulatory filings.
C000010423 Fund Overview
Inverse S&P 500 Strategy Fund is a US mutual fund managed by Rydex Variable Trust, categorised as Inverse / Short. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Rydex Variable Trust
- Category: Inverse / Short
- Assets under management: $4.68M
- 1-year return: -12.1%
- SEC CIK: 0001064046
- SEC series ID: S000003754
- Share class ID: C000010423
C000010423 Holdings
Top 10 holdings of Inverse S&P 500 Strategy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| J.p. Morgan Securities LLC | 16.66% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | 15.14% |
| Federal Farm Credit Banks | 10.67% |
| Federal Home Loan Banks | 10.66% |
| United States Treasury Bills | 5.34% |
| Federal Agricultural Mortgage Corporation | 3.20% |
| Guggenheim Funds Trust | 2.48% |
| Guggenheim Strategy Funds Trust | 2.44% |
| Federal Home Loan Banks | 2.14% |
| Federal National Mortgage Association | 2.13% |
C000010423 Portfolio Allocation
Asset-class allocation of Inverse S&P 500 Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 34.1% |
| Cash & Equivalents | 32.4% |
| Equity | 4.9% |
| Derivatives | 0.7% |
C000010423 Performance
Total returns for C000010423 (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.5% |
| 1 year | -12.1% |
| 3 years (annualised) | -10.0% |
| 5 years (annualised) | -8.3% |
C000010423 Risk Information
Risk metrics for C000010423, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.6%
C000010423 Costs and Fees
C000010423 costs about $182 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.82%
- Gross expense ratio: 1.94%
- Portfolio turnover: 0%
- Brokerage commissions: 0.16 bps of average net assets (SEC N-CEN)
C000010423 Cashflows
Over the 12 months to 2026-03, Inverse S&P 500 Strategy Fund had net inflows of $3.48M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$3.53M |
| 2026-02 | $7.25M |
| 2026-01 | −$2.69M |
| 2025-12 | $1.09M |
| 2025-11 | $1.92M |
| 2025-10 | $5.29K |
C000010423 Debt Constituents
Largest debt holdings of Inverse S&P 500 Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Federal Farm Credit Banks | 10.67% |
| Federal Home Loan Banks | 10.66% |
| United States Treasury Bills | 5.34% |
| Federal Agricultural Mortgage Corporation | 3.20% |
| Federal Home Loan Banks | 2.14% |
| Federal National Mortgage Association | 2.13% |
C000010423 Prospectus and SEC Filings
Official Inverse S&P 500 Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Inverse / Short funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.