Address And Details
|Guggenheim Investments, P.O. Box 758567 , Topeka, KS 66675|
|Fund Manager||Michael P. Byrum|
|Manager Tenure||16 Years 6 Months|
Strategy And Objective
The Internet Fund (the Fund) seeks to provide capital appreciation by investing in companies that provide products or services designed for or related to the Internet (Internet Companies). Under normal circumstances, the Fund invests substantially all (at least 80%) of its net assets in equity securities of Internet Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. The Advisor employs a proprietary quantitative and qualitative methodology to identify Internet Companies in which to invest. The methodology utilizes screens based on price, liquidity, and tradability. Stocks are weighted using a proprietary modified capitalization weighting methodology. The portfolio may be further adjusted to comply with regulatory investment limitations or as determined appropriate by the Advisor.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||3.08 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$1000|
|Timeframe||Average Annual Current Performance Monthly As Of 11/30/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 11/30/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|AMZN||AMAZON COM INC||6.28%|
|GOOG||ALPHABET INC CLASS C||6.22%|
|FB||META PLATFORMS INC||4.85%|
|BABA.N||ALIBABA GROUP HOLDING LTD||3.50%|
|PYPL||PAYPAL HOLDINGS INC||2.88%|
|NFLX||NETFLIX COM INC||2.39%|
|CSCO||CISCO SYSTEMS INC||2.27%|
Master The Market with the Help of Our Financial Experts
Recent Articles from TheStreet
Apple Stock Named ‘Favorite Idea,’ ‘Safety Blanket,’ for 2022
Apple crowned ‘Favorite Idea’ and ‘Safety Blanket’ by two influential analysts as it nears a $3 trillion market cap, despite reports of lagging iPhone 13 sales.
CVS Stock Jumps On Dividend Boost, New $10 Billion Buyback Plan, Solid 2022 Profit Outlook
CVS will boost its dividend to $2.20 per share, while authorizing its first share buyback plan in four years, as new CEO Karen Lynch sets out her 2022 profit goals ahead of her first investor day presentation.
GameStop Stock Slides After Wider Q3 Loss, SEC Trading Activity Subpoena
GameStop said it's looking at blockchain, NFT and Web 3.0 gaming opportunities in order to boost profits following a wider-than-expected third quarter loss.
Amazon, GameStop, Jefferies, Covid Concerns and Stock Markets - Five Things You Must Know
Stock futures slip lower as Covid worries and inflation concerns come into focus; AstraZeneca gets FDA nod for its antibody treatment; Jefferies sends bankers home after NY Covid outbreak; Amazon hit with record $1.3 billion fine in Italy and GameStop unveils a wider third quarter loss and details of a new SEC subpoena.
Stocks Beware, BofA Says: Real Earnings Yield at 74-Year Low
There only have been four historical instances of negative real earnings yield, all of which resulted in bear markets, BofA said.
Cramer's Mad Money Recap 12/8: Pfizer, Sweetgreen, Edwards Lifesciences
Jim Cramer reminds us the Dow has soared from 1,000 to 35,000 over the course of his career. That's quite a run, despite all the investor negativity.
Can Jimmy Buffett Take On Royal Caribbean and Carnival?
The former Bahamas Paradise cruise line will be rebranded to the singer's Margaritaville brand.