|
|
|
|
|
Rydex
Variable Trust |
| |
|
| |
5.1.2024 |
VTM-1-0524x0525 |
guggenheiminvestments.com |
Domestic
Equity - Broad Market Funds |
|
1 | |
14 | |
27 | |
40 | |
53 | |
65 | |
77 | |
89 | |
102 | |
115 | |
128 | |
141 | |
151 | |
164 | |
171 | |
178 | |
185 | |
192 | |
200 | |
Sector
Funds |
|
207 | |
213 | |
219 | |
225 | |
231 | |
237 | |
243 | |
249 | |
255 | |
261 | |
267 | |
274 | |
280 | |
286 | |
293 | |
300 | |
307 | |
314 | |
International
Equity Funds |
|
320
|
334 | |
Specialty
Funds |
|
348 | |
359 | |
370 | |
Fixed
Income Funds |
|
381 | |
392 | |
402 | |
Alternative
Funds |
|
411 | |
421 | |
433 | |
Money
Market Fund |
|
447 | |
451 | |
499 | |
499 | |
499 | |
504 | |
506 | |
508 | |
510 | |
560 | |
Back
Page |
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Dow 2x
Strategy Fund |
|
|
|
Index |
|
|
|
Dow Jones
Industrial Average®
(reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
NASDAQ-100® 2x
Strategy Fund |
|
|
|
Index |
|
|
|
NASDAQ-100® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Russell
2000® 2x
Strategy Fund |
|
|
|
Index |
|
|
|
Russell
2000® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
500® 2x
Strategy Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inverse
Dow 2x Strategy Fund |
- |
- |
- |
Index |
|
|
|
Dow Jones
Industrial Average®
(reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inverse
Mid-Cap Strategy Fund |
- |
- |
- |
Index |
|
|
|
S&P
MidCap 400® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inverse
NASDAQ-100® Strategy
Fund |
- |
- |
- |
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
NASDAQ-100® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inverse
Russell 2000® Strategy
Fund |
- |
- |
- |
Index |
|
|
|
Russell
2000® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inverse
S&P 500® Strategy
Fund |
- |
- |
- |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Mid-Cap
1.5x Strategy Fund |
|
|
|
Index |
|
|
|
S&P
MidCap 400® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Nova
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
NASDAQ-100®
Fund |
|
|
|
Index |
|
|
|
NASDAQ-100® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Russell
2000® 1.5x
Strategy Fund |
|
|
|
Index |
|
|
|
Russell
2000® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
500® Pure
Growth Fund |
|
|
|
Index |
|
|
|
S&P
500® Pure
Growth Index (reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
500® Pure
Value Fund |
|
|
|
Index |
|
|
|
S&P
500® Pure
Value Index (reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
MidCap 400® Pure
Growth Fund |
|
|
|
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
S&P
MidCap 400 Pure Growth Index (reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
MidCap 400® Pure
Value Fund |
|
|
|
Index |
|
|
|
S&P
MidCap 400 Pure Value Index (reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
SmallCap 600® Pure
Growth Fund |
|
|
|
Index |
|
|
|
S&P
SmallCap 600 Pure Growth Index (reflects
no deduction for fees, expenses
or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
S&P
SmallCap 600® Pure
Value Fund |
|
|
|
Index |
|
|
|
S&P
SmallCap 600 Pure Value Index (reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Banking
Fund |
|
|
|
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Basic
Materials Fund |
|
|
|
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Biotechnology
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Consumer
Products Fund |
- |
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Electronics
Fund |
|
|
|
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Energy
Fund |
|
|
- |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Energy
Services Fund |
|
|
- |
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Financial
Services Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Health
Care Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Internet
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Leisure
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Precious
Metals Fund |
|
|
|
|
1
Year |
5
Years |
10
Years |
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Real
Estate Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Retailing
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Technology
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Telecommunications
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Transportation
Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)1
|
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Utilities
Fund |
- |
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Europe
1.25x Strategy Fund |
|
|
|
Index |
|
|
|
STOXX
Europe 50® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Japan 2x
Strategy Fund |
|
|
|
Index |
|
|
|
Nikkei-225
Stock Average Index (reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees of the Fund and the Subsidiary |
% |
Other
Expenses1 |
% |
Other
Expenses of the Fund |
|
Other
Expenses of the Subsidiary |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Commodities
Strategy Fund |
- |
|
- |
Index |
|
|
|
S&P
GSCI®
Commodity Index (reflects
no deduction for fees, expenses or taxes) |
- |
|
- |
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Strengthening
Dollar 2x Strategy Fund |
|
|
|
Index |
|
|
|
U.S.
Dollar Index®
(reflects
no deduction for fees, expenses or taxes) |
- |
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Total
Annual Fund Operating Expenses |
% |
Fee
Waiver (and/or expense reimbursement)2 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement) |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Weakening
Dollar 2x Strategy Fund |
|
- |
- |
Index |
|
|
|
U.S.
Dollar Index®
(reflects
no deduction for fees, expenses or taxes) |
- |
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Government
Long Bond 1.2x Strategy Fund |
- |
- |
|
Index |
|
|
|
Bloomberg
U.S. Treasury Bellwethers 30 Yr. Index (reflects
no deduction for fees,
expenses
or taxes) |
|
- |
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Interest
and Other Related Expenses |
|
Remaining
Other Expenses |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Inverse
Government Long Bond Strategy Fund |
|
|
- |
Index |
|
|
|
Bloomberg
U.S. Treasury Bellwethers 30 Yr. Index (reflects
no deduction for fees,
expenses
or taxes) |
|
- |
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3,4 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
Inception |
1
Year |
5
Years |
Since
Inception |
High
Yield Strategy Fund |
|
|
|
|
Index |
|
|
|
|
Bloomberg
U.S. Corporate High Yield Index (reflects
no
deduction
for fees, expenses or taxes) |
|
|
|
|
|
|
Management
Fees |
% |
Other
Expenses1 |
% |
Total
Annual Fund Operating Expenses |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Long
Short Equity Fund |
|
|
|
Index |
|
|
|
Morningstar
Long/Short Equity Category Average (reflects
no deduction for fees,
expenses
or taxes) |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
|
|
Management
Fees of the Fund and the Subsidiary |
% |
Other
Expenses1 |
% |
Other
Expenses of the Fund |
|
Other
Expenses of the Subsidiary |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Global
Managed Futures Strategy Fund |
|
|
|
Index |
|
|
|
ICE BofA
3-Month U.S. Treasury Bill Index (reflects
no deduction for fees,
expenses
or taxes) |
|
|
|
|
|
Management
Fees of the Fund and the Subsidiary |
% |
Other
Expenses1 |
% |
Other
Expenses of the Fund |
|
Other
Expenses of the Subsidiary |
|
Short
Sales Dividend and Interest Expense |
|
Acquired
Fund Fees and Expenses |
% |
Total
Annual Fund Operating Expenses2 |
% |
Fee
Waiver (and/or expense reimbursement)3 |
-
% |
Total
Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)2 |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Multi-Hedge
Strategies Fund |
|
|
|
Index |
|
|
|
S&P
500® Index
(reflects
no deduction for fees, expenses or taxes) |
|
|
|
HFRX
Global Hedge Fund Index1
(reflects
no deduction for fees, expenses or
taxes) |
|
|
|
|
|
Management
Fees |
% |
Other
Expenses |
% |
Total
Annual Fund Operating Expenses |
% |
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
10
Years |
U.S.
Government Money Market Fund |
|
|
|
Benchmark
Annualized
Volatility
Range |
Hypothetical
2x
Leveraged Fund Loss |
Hypothetical
2x
Inverse Fund Loss |
10% |
-1.0% |
-2.9% |
20% |
-3.9% |
-11.3% |
30% |
-8.6% |
-23.6% |
40% |
-14.8% |
-38.0% |
50% |
-22.2% |
-52.7% |
60% |
-30.4% |
-66.0% |
70% |
-39.1% |
-77.1% |
80% |
-47.5% |
-85.3% |
90% |
-56.2% |
-91.3%
|
Benchmark
Annualized
Volatility
Range |
Hypothetical
2x
Leveraged Fund Loss |
Hypothetical
2x
Inverse Fund Loss |
100% |
-64.0% |
-95.1% |
Index |
Annualized
Historical Volatility for the Five-
Year
Period Ended March 31, 2024 |
Russell
2000®
Index |
23.88% |
S&P
MidCap 400®
Index |
22.22% |
NASDAQ-100
Index® |
21.86% |
STOXX
Europe 50®
Index |
19.81% |
S&P
500®
Index |
18.37% |
Dow Jones
Industrial Average® |
18.17% |
Nikkei
225 Stock Average Index |
18.02% |
U.S.
Dollar Index® |
6.64% |
|
Index |
2x
Daily Leveraged Fund |
2x
Leveraged Inverse Fund | ||||||
Value |
Daily
Performance |
Cumulative
Value |
NAV |
Daily
Performance |
Cumulative
Performance |
NAV |
Daily
Performance |
Cumulative
Performance | |
|
100 |
|
|
$100.00 |
|
|
$100.00 |
|
|
Day
1 |
105 |
5.00% |
5.00% |
$110.00 |
10.00% |
10.00% |
$90.00 |
-10.00% |
-10.00% |
Day
2 |
110 |
4.76% |
10.00% |
$120.48 |
9.52% |
20.48% |
$81.43 |
-9.52% |
-18.57% |
Day
3 |
100 |
-9.09% |
0.00% |
$98.57 |
-18.18% |
-1.43% |
$96.23 |
18.18% |
-3.77% |
Day
4 |
90 |
-10.00% |
-10.00% |
$78.86 |
-20.00% |
-21.14% |
$115.48 |
20.00% |
15.48% |
Day
5 |
85 |
-5.56% |
-15.00% |
$70.10 |
-11.11% |
-29.90% |
$128.31 |
11.11% |
28.31% |
Day
6 |
100 |
17.65% |
0.00% |
$94.83 |
35.29% |
-5.17% |
$83.03 |
-35.29% |
-16.97% |
Day
7 |
95 |
-5.00% |
-5.00% |
$85.35 |
-10.00% |
-14.65% |
$91.33 |
10.00% |
-8.67% |
Day
8 |
100 |
5.26% |
0.00% |
$94.34 |
10.53% |
-5.66% |
$81.71 |
-10.53% |
-18.29% |
Day
9 |
105 |
5.00% |
5.00% |
$103.77 |
10.00% |
3.77% |
$73.54 |
-10.00% |
-26.46% |
Day
10 |
100 |
-4.76% |
0.00% |
$93.89 |
-9.52% |
-6.11% |
$80.55 |
9.52% |
-19.45% |
|
Index |
2x
Daily Leveraged Fund |
2x
Leveraged Inverse Fund | ||||||
Value |
Daily
Performance |
Cumulative
Value |
NAV |
Daily
Performance |
Cumulative
Performance |
NAV |
Daily
Performance |
Cumulative
Performance | |
|
100 |
|
|
$100.00 |
|
|
$100.00 |
|
|
Day
1 |
102 |
2.00% |
2.00% |
$104.00 |
4.00% |
4.00% |
$96.00 |
-4.00% |
-4.00% |
Day
2 |
104 |
1.96% |
4.00% |
$108.08 |
3.92% |
8.08% |
$92.24 |
-3.92% |
-7.76% |
Day
3 |
106 |
1.92% |
6.00% |
$112.24 |
3.85% |
12.24% |
$88.69 |
-3.85% |
-11.31% |
Day
4 |
108 |
1.89% |
8.00% |
$116.47 |
3.77% |
16.47% |
$85.34 |
-3.77% |
-14.66% |
Day
5 |
110 |
1.85% |
10.00% |
$120.78 |
3.70% |
20.78% |
$82.18 |
-3.70% |
-17.82% |
Day
6 |
112 |
1.82% |
12.00% |
$125.18 |
3.64% |
25.18% |
$79.19 |
-3.64% |
-20.81% |
Day
7 |
114 |
1.79% |
14.00% |
$129.65 |
3.57% |
29.65% |
$76.36 |
-3.57% |
-23.64% |
Day
8 |
116 |
1.75% |
16.00% |
$134.20 |
3.51% |
34.20% |
$73.
68 |
-3.51% |
-26.32% |
Day
9 |
118 |
1.72% |
18.00% |
$138.82 |
3.45% |
38.82% |
$71.14 |
-3.45% |
-28.86% |
Day
10 |
120 |
1.69% |
20.00% |
$143.53 |
3.39% |
43.53% |
$68.73 |
-3.39% |
-31.27% |
|
Index |
2x
Daily Leveraged Fund |
2x
Leveraged Inverse Fund | ||||||
Value |
Daily
Performance |
Cumulative
Value |
NAV |
Daily
Performance |
Cumulative
Performance |
NAV |
Daily
Performance |
Cumulative
Performance | |
|
100 |
|
|
$100.00 |
|
|
$100.00 |
|
|
Day
1 |
98 |
-2.00% |
-2.00% |
$96.00 |
-4.00% |
-4.00% |
$104.00 |
4.00% |
4.00% |
Day
2 |
96 |
-2.04% |
-4.00% |
$92.08 |
-4.08% |
-7.92% |
$108.24 |
4.08% |
8.24% |
Day
3 |
94 |
-2.08% |
-6.00% |
$88.24 |
-4.17% |
-11.76% |
$112.76 |
4.17% |
12.76% |
Day
4 |
92 |
-2.13% |
-8.00% |
$84.49 |
-4.26% |
-15.51% |
$117.55 |
4.26% |
17.55% |
Day
5 |
90 |
-2.17% |
-10.00% |
$80.82 |
-4.35% |
-19.18% |
$122.66 |
4.35% |
22.66% |
Day
6 |
88 |
-2.22% |
-12.00% |
$77.22 |
-4.44% |
-22.78% |
$128.12 |
4.44% |
28.12% |
Day
7 |
86 |
-2.27% |
-14.00% |
$73.71 |
-4.55% |
-26.29% |
$133.94 |
4.55% |
33.94% |
Day
8 |
84 |
-2.33% |
-16.00% |
$70.29 |
-4.65% |
-29.71% |
$140.17 |
4.65% |
40.17% |
Day
9 |
82 |
-2.38% |
-18.00% |
$66.94 |
-4.76% |
-33.06% |
$146.84 |
4.76% |
46.84% |
Day
10 |
80 |
-2.44% |
-20.00% |
$63.67 |
-4.88% |
-36.33% |
$154.01 |
4.88% |
54.01% |
Fund |
Advisory
Fee |
Dow
2x Strategy Fund |
0.90% |
NASDAQ-100®
2x Strategy Fund |
0.90% |
Russell
2000®
2x Strategy Fund |
0.90% |
S&P
500®
2x Strategy Fund |
0.90%
|
Fund |
Advisory
Fee |
Inverse
Dow 2x Strategy Fund |
0.90% |
Inverse
Mid-Cap Strategy Fund |
0.90% |
Inverse
NASDAQ-100®
Strategy Fund |
0.90% |
Inverse
Russell 2000®
Strategy Fund |
0.90% |
Inverse
S&P 500®
Strategy Fund |
0.90% |
Mid-Cap
1.5x Strategy Fund |
0.90% |
Nova
Fund |
0.75% |
NASDAQ-100®
Fund |
0.75% |
Russell
2000®
1.5x Strategy Fund |
0.90% |
Long
Short Equity Fund |
0.90% |
S&P
500®
Pure Growth Fund |
0.75% |
S&P
500®
Pure Value Fund |
0.75% |
S&P
MidCap 400®
Pure Growth Fund |
0.75% |
S&P
MidCap 400®
Pure Value Fund |
0.75% |
S&P
SmallCap 600®
Pure Growth Fund |
0.75% |
S&P
SmallCap 600®
Pure Value Fund |
0.75% |
Sector
Funds (except for the Precious Metals Fund) |
0.85% |
Precious
Metals Fund |
0.75% |
Europe
1.25x Strategy Fund |
0.90% |
Japan
2x Strategy Fund |
0.75% |
Government
Long Bond 1.2x Strategy Fund |
0.50% |
Inverse
Government Long Bond Strategy Fund |
0.90% |
High
Yield Strategy Fund |
0.75% |
Multi-Hedge
Strategies Fund |
1.15% |
Commodities
Strategy Fund |
0.75% |
Global
Managed Futures Strategy Fund |
0.90% |
Strengthening
Dollar 2x Strategy Fund |
0.90% |
Weakening
Dollar 2x Strategy Fund |
0.90% |
U.S.
Government Money Market Fund |
0.50% |
Subsidiary |
Advisory
Fee |
Global
Managed Futures Strategy CFC |
0.90% |
Multi-Hedge
Strategies CFC |
1.15% |
Commodities
Strategy CFC |
0.75% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$156.26 |
$207.85 |
$147.84 |
$163.38 |
$111.50 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.21 |
.42 |
(.68
) |
(.53
) |
.91 |
Net
gain (loss) on investments (realized
and
unrealized) |
35.49 |
(43.46
) |
60.69 |
(.73
) |
51.94 |
Total
from investment operations |
36.70 |
(43.04
) |
60.01 |
(1.26
) |
52.85 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.49
) |
— |
— |
(.92
) |
(.97
) |
Net
realized gains |
— |
(8.55
) |
— |
(13.36
) |
— |
Total
distributions |
(.49
) |
(8.55
) |
— |
(14.28
) |
(.97
) |
Net
asset value, end of period |
$192.47 |
$156.26 |
$207.85 |
$147.84 |
$163.38 |
|
|
|
|
|
|
Total
Returnb |
23.57% |
(20.49%
) |
40.59% |
1.73% |
47.47% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$17,956 |
$14,372 |
$19,882 |
$14,253 |
$15,519 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.75% |
0.25% |
(0.37%
) |
(0.42%
) |
0.65% |
Total
expensesc |
1.97% |
1.88% |
1.78% |
1.91% |
1.91% |
Net
expensesd |
1.90% |
1.81% |
1.72% |
1.85% |
1.84% |
Portfolio
turnover rate |
316% |
458% |
489% |
607% |
256% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$60.60 |
$191.98 |
$141.54 |
$91.34 |
$50.68 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.24
) |
(.49
) |
(1.74
) |
(.88
) |
.22 |
Net
gain (loss) on investments (realized
and
unrealized) |
70.58 |
(111.42
) |
73.37 |
72.46 |
40.55 |
Total
from investment operations |
70.34 |
(111.91
) |
71.63 |
71.58 |
40.77 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
(.30
) |
(.11
) |
Net
realized gains |
— |
(19.47
) |
(21.19
) |
(21.08
) |
— |
Total
distributions |
— |
(19.47
) |
(21.19
) |
(21.38
) |
(.11
) |
Net
asset value, end of period |
$130.94 |
$60.60 |
$191.98 |
$141.54 |
$91.34 |
|
|
|
|
|
|
Total
Returnb |
116.07% |
(61.04%
) |
53.45% |
86.87% |
80.50% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$119,667 |
$32,228 |
$151,069 |
$131,049 |
$99,811 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.25%
) |
(0.47%
) |
(1.05%
) |
(0.83%
) |
0.30% |
Total
expensesc |
2.08% |
1.86% |
1.78% |
1.91% |
1.91% |
Net
expensesd |
2.01% |
1.79% |
1.74% |
1.87% |
1.84% |
Portfolio
turnover rate |
564% |
860% |
392% |
663% |
346% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$122.48 |
$214.85 |
$273.59 |
$234.99 |
$160.46 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
3.71 |
.58 |
(3.44
) |
(2.35
) |
1.27 |
Net
gain (loss) on investments (realized
and
unrealized) |
23.17 |
(92.95
) |
72.57 |
42.01 |
74.31 |
Total
from investment operations |
26.88 |
(92.37
) |
69.13 |
39.66 |
75.58 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.13
) |
— |
— |
(1.06
) |
(1.05
) |
Net
realized gains |
— |
— |
(127.87
) |
— |
— |
Total
distributions |
(.13
) |
— |
(127.87
) |
(1.06
) |
(1.05
) |
Net
asset value, end of period |
$149.23 |
$122.48 |
$214.85 |
$273.59 |
$234.99 |
|
|
|
|
|
|
Total
Returnb |
22.00% |
(42.99%
) |
25.77% |
17.21% |
47.15% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$11,993 |
$1,024 |
$2,521 |
$16,514 |
$3,875 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
2.83% |
0.40% |
(1.23%
) |
(1.23%
) |
0.61% |
Total
expensesc |
2.11% |
1.88% |
1.80% |
1.92% |
1.92% |
Net
expensesd |
2.04% |
1.83% |
1.74% |
1.86% |
1.86% |
Portfolio
turnover rate |
— |
598% |
701% |
463% |
510% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$236.13 |
$499.24 |
$315.43 |
$313.21 |
$192.73 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
2.04 |
.07 |
(2.79
) |
(1.21
) |
1.59 |
Net
gain (loss) on investments (realized
and
unrealized) |
104.22 |
(192.13
) |
186.60 |
45.29
e |
118.89 |
Total
from investment operations |
106.26 |
(192.06
) |
183.81 |
44.08 |
120.48 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.24
) |
— |
— |
(1.68
) |
— |
Net
realized gains |
— |
(71.05
) |
— |
(40.18
) |
— |
Total
distributions |
(.24
) |
(71.05
) |
— |
(41.86
) |
— |
Net
asset value, end of period |
$342.15 |
$236.13 |
$499.24 |
$315.43 |
$313.21 |
|
|
|
|
|
|
Total
Returnb |
45.04% |
(39.77%
) |
58.27% |
18.10% |
62.51% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$35,977 |
$16,482 |
$90,849 |
$36,688 |
$54,196 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.71% |
0.02% |
(0.68%
) |
(0.44%
) |
0.62% |
Total
expensesc |
1.93% |
1.84% |
1.75% |
1.87% |
1.87% |
Net
expensesd |
1.86% |
1.77% |
1.71% |
1.83% |
1.80% |
Portfolio
turnover rate |
436% |
1,703% |
2,834% |
2,610% |
248% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019e |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$47.90 |
$45.62 |
$70.54 |
$131.01 |
$204.97 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.47 |
.08 |
(.63
) |
(.34
) |
.90 |
Net
gain (loss) on investments (realized
and
unrealized) |
(10.20
) |
2.20
f |
(24.29
) |
(59.99
) |
(74.86
) |
Total
from investment operations |
(8.73
) |
2.28 |
(24.92
) |
(60.33
) |
(73.96
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.09
) |
— |
— |
(.14
) |
— |
Total
distributions |
(.09
) |
— |
— |
(.14
) |
— |
Net
asset value, end of period |
$39.08 |
$47.90 |
$45.62 |
$70.54 |
$131.01 |
|
|
|
|
|
|
Total
Returnb |
(18.26%
) |
5.00% |
(35.33%
) |
(45.76%
) |
(36.08%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$1,074 |
$2,220 |
$3,283 |
$3,431 |
$3,275 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.17% |
0.16% |
(1.15%
) |
(1.04%
) |
0.56% |
Total
expensesc |
1.91% |
1.90% |
1.79% |
1.92% |
1.92% |
Net
expensesd |
1.84% |
1.83% |
1.70% |
1.86% |
1.86% |
Portfolio
turnover rate |
— |
— |
116% |
616% |
427% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$37.40 |
$34.31 |
$44.68 |
$60.05 |
$75.67 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.16 |
.08 |
(.44
) |
(.61
) |
.51 |
Net
gain (loss) on investments (realized
and
unrealized) |
(4.53
) |
3.01
e |
(9.93
) |
(14.22
) |
(15.87
) |
Total
from investment operations |
(3.37
) |
3.09 |
(10.37
) |
(14.83
) |
(15.36
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.18
) |
— |
— |
(.54
) |
(.26
) |
Total
distributions |
(.18
) |
— |
— |
(.54
) |
(.26
) |
Net
asset value, end of period |
$33.85 |
$37.40 |
$34.31 |
$44.68 |
$60.05 |
|
|
|
|
|
|
Total
Returnb |
(9.04%
) |
9.01% |
(23.21%
) |
(24.89%
) |
(20.31%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$129 |
$240 |
$89 |
$137 |
$265 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.20% |
0.21% |
(1.18%
) |
(1.01%
) |
0.78% |
Total
expensesc |
1.85% |
1.78% |
1.74% |
1.88% |
1.88% |
Net
expensesd |
1.75% |
1.71% |
1.67% |
1.83% |
1.81% |
Portfolio
turnover rate |
— |
9% |
29% |
281% |
185% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$25.42 |
$18.86 |
$25.30 |
$41.21 |
$57.64 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.69 |
.03 |
(.27
) |
(.33
) |
.34 |
Net
gain (loss) on investments (realized
and
unrealized) |
(8.77
) |
6.53 |
(6.17
) |
(15.28
) |
(16.47
) |
Total
from investment operations |
(8.08
) |
6.56 |
(6.44
) |
(15.61
) |
(16.13
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.14
) |
— |
— |
(.30
) |
(.30
) |
Total
distributions |
(.14
) |
— |
— |
(.30
) |
(.30
) |
Net
asset value, end of period |
$17.20 |
$25.42 |
$18.86 |
$25.30 |
$41.21 |
|
|
|
|
|
|
Total
Returnb |
(31.85%
) |
34.78% |
(25.45%
) |
(38.00%
) |
(28.01%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$1,019 |
$8,699 |
$1,653 |
$464 |
$592 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.25% |
0.12% |
(1.23%
) |
(0.93%
) |
0.70% |
Total
expensesc |
1.90% |
1.94% |
1.78% |
1.92% |
1.92% |
Net
expensesd |
1.81% |
1.88% |
1.71% |
1.87% |
1.84% |
Portfolio
turnover rate |
— |
63% |
430% |
681% |
418% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$35.34 |
$30.12 |
$36.96 |
$53.82 |
$68.28 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.11 |
(.09
) |
(.39
) |
(.57
) |
.46 |
Net
gain (loss) on investments (realized
and
unrealized) |
(5.08
) |
5.31
e |
(6.45
) |
(15.89
) |
(14.50
) |
Total
from investment operations |
(3.97
) |
5.22 |
(6.84
) |
(16.46
) |
(14.04
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
(.40
) |
(.42
) |
Total
distributions |
— |
— |
— |
(.40
) |
(.42
) |
Net
asset value, end of period |
$31.37 |
$35.34 |
$30.12 |
$36.96 |
$53.82 |
|
|
|
|
|
|
Total
Returnb |
(11.23%
) |
17.33% |
(18.51%
) |
(30.81%
) |
(20.62%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$642 |
$2,082 |
$344 |
$374 |
$612 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.22% |
(0.27%
) |
(1.25%
) |
(1.05%
) |
0.76% |
Total
expensesc |
1.87% |
1.88% |
1.79% |
1.93% |
1.93% |
Net
expensesd |
1.79% |
1.82% |
1.71% |
1.87% |
1.85% |
Portfolio
turnover rate |
— |
— |
250% |
275% |
164% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$36.25 |
$31.10 |
$41.16 |
$55.29 |
$72.35 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.11 |
.05 |
(.53
) |
(.48
) |
.44 |
Net
gain (loss) on investments (realized
and
unrealized) |
(6.51
) |
5.10
e |
(9.53
) |
(13.31
) |
(16.97
) |
Total
from investment operations |
(5.40
) |
5.15 |
(10.06
) |
(13.79
) |
(16.53
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.83
) |
— |
— |
(.34
) |
(.53
) |
Total
distributions |
(.83
) |
— |
— |
(.34
) |
(.53
) |
Net
asset value, end of period |
$30.02 |
$36.25 |
$31.10 |
$41.16 |
$55.29 |
|
|
|
|
|
|
Total
Returnb |
(14.95%
) |
16.56% |
(24.44%
) |
(25.02%
) |
(22.91%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$1,173 |
$6,156 |
$2,488 |
$1,407 |
$1,759 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.30% |
0.13% |
(1.48%
) |
(0.93%
) |
0.71% |
Total
expensesc |
1.86% |
1.82% |
1.74% |
1.88% |
1.88% |
Net
expensesd |
1.76% |
1.75% |
1.69% |
1.83% |
1.82% |
Portfolio
turnover rate |
— |
— |
1,675% |
1,417% |
442% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019e |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$173.92 |
$242.90 |
$205.26 |
$193.99 |
$144.00 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.04 |
(.22
) |
(1.55
) |
(.12
) |
1.10 |
Net
gain (loss) on investments (realized
and
unrealized) |
31.71 |
(56.21
) |
70.95 |
12.09 |
50.79 |
Total
from investment operations |
32.75 |
(56.43
) |
69.40 |
11.97 |
51.89 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
(.15
) |
(1.90
) |
Net
realized gains |
— |
(12.55
) |
(31.76
) |
(.55
) |
— |
Total
distributions |
— |
(12.55
) |
(31.76
) |
(.70
) |
(1.90
) |
Net
asset value, end of period |
$206.67 |
$173.92 |
$242.90 |
$205.26 |
$193.99 |
|
|
|
|
|
|
Total
Returnb |
18.83% |
(23.20%
) |
35.25% |
10.69% |
36.11% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$4,348 |
$4,516 |
$6,038 |
$4,756 |
$5,444 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.56% |
(0.11%
) |
(0.65%
) |
(0.47%
) |
0.60% |
Total
expensesc |
1.89% |
1.83% |
1.75% |
1.87% |
1.87% |
Net
expensesd |
1.81% |
1.77% |
1.69% |
1.81% |
1.80% |
Portfolio
turnover rate |
18% |
154% |
56% |
472% |
274% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$118.75 |
$196.72 |
$144.74 |
$135.68 |
$94.55 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.17 |
.15 |
(.76
) |
(.30
) |
.90 |
Net
gain (loss) on investments (realized
and
unrealized) |
40.46 |
(58.50
) |
60.70 |
24.12 |
41.55 |
Total
from investment operations |
41.63 |
(58.35
) |
59.94 |
23.82 |
42.45 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
(.67
) |
(.61
) |
(1.16
) |
(1.32
) |
Net
realized gains |
— |
(18.95
) |
(7.35
) |
(13.60
) |
— |
Total
distributions |
— |
(19.62
) |
(7.96
) |
(14.76
) |
(1.32
) |
Net
asset value, end of period |
$160.38 |
$118.75 |
$196.72 |
$144.74 |
$135.68 |
|
|
|
|
|
|
Total
Returnb |
35.06% |
(30.26%
) |
42.18% |
20.03% |
45.04% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$36,073 |
$16,513 |
$63,584 |
$45,692 |
$36,545 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.85% |
0.10% |
(0.44%
) |
(0.24%
) |
0.77% |
Total
expensesc |
1.76% |
1.67% |
1.60% |
1.73% |
1.72% |
Net
expensesd |
1.72% |
1.65% |
1.57% |
1.68% |
1.66% |
Portfolio
turnover rate |
413% |
748% |
408% |
650% |
336% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$46.28 |
$72.89 |
$62.81 |
$48.86 |
$36.56 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.16 |
(.17
) |
(.56
) |
(.31
) |
.18 |
Net
gain (loss) on investments (realized
and
unrealized) |
24.47 |
(24.48
) |
16.09 |
21.04 |
13.20 |
Total
from investment operations |
24.63 |
(24.65
) |
15.53 |
20.73 |
13.38 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
(.17
) |
(.05
) |
Net
realized gains |
— |
(1.96
) |
(5.45
) |
(6.61
) |
(1.03
) |
Total
distributions |
— |
(1.96
) |
(5.45
) |
(6.78
) |
(1.08
) |
Net
asset value, end of period |
$70.91 |
$46.28 |
$72.89 |
$62.81 |
$48.86 |
|
|
|
|
|
|
Total
Returnb |
53.22% |
(34.14%
) |
25.54% |
44.96% |
36.86% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$117,663 |
$64,960 |
$139,405 |
$112,787 |
$86,623 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.27% |
(0.30%
) |
(0.83%
) |
(0.58%
) |
0.41% |
Total
expensesc |
1.78% |
1.71% |
1.63% |
1.76% |
1.76% |
Net
expensesd |
1.73% |
1.68% |
1.61% |
1.72% |
1.70% |
Portfolio
turnover rate |
151% |
168% |
57% |
142% |
61% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$58.25 |
$87.53 |
$89.86 |
$77.94 |
$57.58 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.75 |
(.11
) |
(.96
) |
(.67
) |
.41 |
Net
gain (loss) on investments (realized
and
unrealized) |
10.76 |
(29.17
) |
18.02 |
15.02 |
19.95 |
Total
from investment operations |
11.51 |
(29.28
) |
17.06 |
14.35 |
20.36 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
(.07
) |
— |
— |
Net
realized gains |
— |
— |
(19.32
) |
(2.43
) |
— |
Total
distributions |
— |
— |
(19.39
) |
(2.43
) |
— |
Net
asset value, end of period |
$69.76 |
$58.25 |
$87.53 |
$89.86 |
$77.94 |
|
|
|
|
|
|
Total
Returnb |
19.76% |
(33.45%
) |
19.00% |
20.04% |
35.36% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$4,297 |
$3,364 |
$7,985 |
$11,284 |
$5,345 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
1.22% |
(0.17%
) |
(0.96%
) |
(1.01%
) |
0.58% |
Total
expensesc |
1.91% |
1.87% |
1.79% |
1.92% |
1.92% |
Net
expensesd |
1.81% |
1.79% |
1.71% |
1.85% |
1.85% |
Portfolio
turnover rate |
5% |
88% |
99% |
148% |
127% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$41.60 |
$70.09 |
$55.17 |
$54.49 |
$43.97 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.03 |
(.27
) |
(.84
) |
(.48
) |
(.22
) |
Net
gain (loss) on investments (realized
and
unrealized) |
2.66 |
(19.18
) |
16.03 |
13.22 |
11.87 |
Total
from investment operations |
2.69 |
(19.45
) |
15.19 |
12.74 |
11.65 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
— |
(9.04
) |
(.27
) |
(12.06
) |
(1.13
) |
Total
distributions |
— |
(9.04
) |
(.27
) |
(12.06
) |
(1.13
) |
Net
asset value, end of period |
$44.29 |
$41.60 |
$70.09 |
$55.17 |
$54.49 |
|
|
|
|
|
|
Total
Returnb |
6.47% |
(28.35%
) |
27.59% |
27.32% |
26.60% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$22,445 |
$23,407 |
$52,617 |
$35,292 |
$42,057 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.06% |
(0.53%
) |
(1.34%
) |
(0.94%
) |
(0.42%
) |
Total
expenses |
1.71% |
1.67% |
1.60% |
1.73% |
1.72% |
Net
expensesc |
1.69% |
1.67% |
1.60% |
1.73% |
1.72% |
Portfolio
turnover rate |
182% |
139% |
155% |
159% |
190% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$52.80 |
$61.26 |
$46.76 |
$58.01 |
$48.02 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.56 |
.50 |
.50 |
.46 |
.59 |
Net
gain (loss) on investments (realized
and
unrealized) |
2.73 |
(2.25
) |
14.56 |
(7.59
) |
10.53 |
Total
from investment operations |
3.29 |
(1.75
) |
15.06 |
(7.13
) |
11.12 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.79
) |
(.57
) |
(.36
) |
(.85
) |
(.45
) |
Net
realized gains |
— |
(6.14
) |
(.20
) |
(3.27
) |
(.68
) |
Total
distributions |
(.79
) |
(6.71
) |
(.56
) |
(4.12
) |
(1.13
) |
Net
asset value, end of period |
$55.30 |
$52.80 |
$61.26 |
$46.76 |
$58.01 |
|
|
|
|
|
|
Total
Returnb |
6.29% |
(2.55%
) |
32.32% |
(10.56%
) |
23.27% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$19,474 |
$33,199 |
$30,303 |
$25,999 |
$32,731 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
1.07% |
0.86% |
0.87% |
1.08% |
1.10% |
Total
expenses |
1.70% |
1.67% |
1.59% |
1.73% |
1.72% |
Net
Expensesc |
1.69% |
1.67% |
1.59% |
1.73% |
1.72% |
Portfolio
turnover rate |
88% |
280% |
184% |
157% |
144% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$28.69 |
$46.84 |
$45.31 |
$36.17 |
$31.34 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.16
) |
(.19
) |
(.59
) |
(.41
) |
(.27
) |
Net
gain (loss) on investments (realized
and
unrealized) |
4.37 |
(10.46
) |
6.04 |
11.04 |
5.10 |
Total
from investment operations |
4.21 |
(10.65
) |
5.45 |
10.63 |
4.83 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
— |
(7.50
) |
(3.92
) |
(1.49
) |
— |
Total
distributions |
— |
(7.50
) |
(3.92
) |
(1.49
) |
— |
Net
asset value, end of period |
$32.90 |
$28.69 |
$46.84 |
$45.31 |
$36.17 |
|
|
|
|
|
|
Total
Returnb |
14.67% |
(22.62%
) |
12.21% |
30.47% |
15.41% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$8,979 |
$11,962 |
$18,633 |
$20,870 |
$12,738 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.52%
) |
(0.55%
) |
(1.23%
) |
(1.13%
) |
(0.77%
) |
Total
expenses |
1.71% |
1.67% |
1.60% |
1.72% |
1.73% |
Net
expensesc |
1.69% |
1.67% |
1.60% |
1.72% |
1.73% |
Portfolio
turnover rate |
197% |
227% |
159% |
204% |
176% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$39.82 |
$54.73 |
$43.24 |
$42.15 |
$34.42 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.01 |
.29 |
.26 |
.09 |
.14 |
Net
gain (loss) on investments (realized
and
unrealized) |
11.07 |
(3.74
) |
13.11 |
2.49 |
7.59 |
Total
from investment operations |
11.08 |
(3.45
) |
13.37 |
2.58 |
7.73 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
(.55
) |
(.04
) |
(.15
) |
— |
Net
realized gains |
— |
(10.91
) |
(1.84
) |
(1.34
) |
— |
Total
distributions |
— |
(11.46
) |
(1.88
) |
(1.49
) |
— |
Net
asset value, end of period |
$50.90 |
$39.82 |
$54.73 |
$43.24 |
$42.15 |
|
|
|
|
|
|
Total
Returnb |
27.83% |
(5.22%
) |
31.25% |
7.42% |
22.46% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$11,490 |
$12,027 |
$13,823 |
$16,368 |
$9,418 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.02% |
0.63% |
0.49% |
0.27% |
0.35% |
Total
expenses |
1.71% |
1.67% |
1.59% |
1.72% |
1.73% |
Net
expensesc |
1.69% |
1.67% |
1.59% |
1.72% |
1.73% |
Portfolio
turnover rate |
238% |
257% |
216% |
320% |
188% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$41.63 |
$72.13 |
$60.80 |
$55.24 |
$49.07 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.03
) |
.03 |
(.76
) |
(.45
) |
(.36
) |
Net
gain (loss) on investments (realized
and
unrealized) |
7.29 |
(20.84
) |
12.40 |
8.42 |
6.53 |
Total
from investment operations |
7.26 |
(20.81
) |
11.64 |
7.97 |
6.17 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.04
) |
— |
— |
— |
— |
Net
realized gains |
— |
(9.69
) |
(.31
) |
(2.41
) |
— |
Total
distributions |
(.04
) |
(9.69
) |
(.31
) |
(2.41
) |
— |
Net
asset value, end of period |
$48.85 |
$41.63 |
$72.13 |
$60.80 |
$55.24 |
|
|
|
|
|
|
Total
Returnb |
17.47% |
(29.90%
) |
19.16% |
15.76% |
12.57% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$6,722 |
$5,897 |
$12,957 |
$16,014 |
$12,323 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.07%
) |
0.06% |
(1.08%
) |
(0.93%
) |
(0.69%
) |
Total
expenses |
1.71% |
1.67% |
1.60% |
1.72% |
1.73% |
Net
expensesc |
1.69% |
1.67% |
1.60% |
1.72% |
1.73% |
Portfolio
turnover rate |
223% |
174% |
219% |
258% |
190% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$67.51 |
$85.63 |
$59.72 |
$63.51 |
$52.81 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.14
) |
— |
(.28
) |
(.31
) |
(.17
) |
Net
gain (loss) on investments (realized
and
unrealized) |
14.36 |
(7.22
) |
26.19 |
(3.48
) |
11.06 |
Total
from investment operations |
14.22 |
(7.22
) |
25.91 |
(3.79
) |
10.89 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
— |
(.19
) |
Net
realized gains |
— |
(10.90
) |
— |
— |
— |
Total
distributions |
— |
(10.90
) |
— |
— |
(.19
) |
Net
asset value, end of period |
$81.73 |
$67.51 |
$85.63 |
$59.72 |
$63.51 |
|
|
|
|
|
|
Total
Returnb |
21.06% |
(8.24%
) |
43.39% |
(5.97%
) |
20.68% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$9,855 |
$7,679 |
$16,161 |
$8,130 |
$9,077 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.19%
) |
0.00% |
(0.34%
) |
(0.64%
) |
(0.28%
) |
Total
expenses |
1.71% |
1.67% |
1.59% |
1.72% |
1.73% |
Net
expensesc |
1.69% |
1.67% |
1.59% |
1.72% |
1.73% |
Portfolio
turnover rate |
287% |
252% |
383% |
305% |
248% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$95.16 |
$116.67 |
$88.04 |
$97.20 |
$76.46 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.71 |
1.01 |
.82 |
1.18 |
.94 |
Net
gain (loss) on investments (realized
and
unrealized) |
.95 |
(20.83
) |
28.58 |
(9.63
) |
20.67 |
Total
from investment operations |
2.66 |
(19.82
) |
29.40 |
(8.45
) |
21.61 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.92
) |
(1.69
) |
(.77
) |
(.71
) |
(.87
) |
Total
distributions |
(.92
) |
(1.69
) |
(.77
) |
(.71
) |
(.87
) |
Net
asset value, end of period |
$96.90 |
$95.16 |
$116.67 |
$88.04 |
$97.20 |
|
|
|
|
|
|
Total
Returnb |
2.97% |
(17.02%
) |
33.49% |
(8.46%
) |
28.39% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$3,775 |
$3,650 |
$6,907 |
$4,234 |
$5,838 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
2.02% |
0.95% |
0.73% |
1.60% |
1.07% |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
228% |
375% |
351% |
529% |
246% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$93.20 |
$105.96 |
$89.05 |
$75.99 |
$65.42 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.49 |
.67 |
.34 |
.22 |
.35 |
Net
gain (loss) on investments (realized
and
unrealized) |
7.87 |
(11.01
) |
19.78 |
14.43 |
13.55 |
Total
from investment operations |
8.36 |
(10.34
) |
20.12 |
14.65 |
13.90 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
(.56
) |
(.59
) |
(.97
) |
— |
Net
realized gains |
— |
(1.86
) |
(2.62
) |
(.62
) |
(3.33
) |
Total
distributions |
— |
(2.42
) |
(3.21
) |
(1.59
) |
(3.33
) |
Net
asset value, end of period |
$101.56 |
$93.20 |
$105.96 |
$89.05 |
$75.99 |
|
|
|
|
|
|
Total
Returnb |
8.97% |
(9.65%
) |
22.94% |
19.75% |
21.43% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$7,197 |
$7,995 |
$9,249 |
$8,273 |
$6,550 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.51% |
0.68% |
0.33% |
0.31% |
0.49% |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
141% |
185% |
149% |
194% |
88% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$79.37 |
$99.09 |
$107.01 |
$94.84 |
$78.16 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.58
) |
(.57
) |
(1.04
) |
(.91
) |
(.83
) |
Net
gain (loss) on investments (realized
and
unrealized) |
4.90 |
(12.71
) |
3.01 |
20.68 |
19.81 |
Total
from investment operations |
4.32 |
(13.28
) |
1.97 |
19.77 |
18.98 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
(.82
) |
(6.44
) |
(9.89
) |
(7.60
) |
(2.30
) |
Total
distributions |
(.82
) |
(6.44
) |
(9.89
) |
(7.60
) |
(2.30
) |
Net
asset value, end of period |
$82.87 |
$79.37 |
$99.09 |
$107.01 |
$94.84 |
|
|
|
|
|
|
Total
Returnb |
5.53% |
(13.31%
) |
1.42% |
21.31% |
24.67% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$12,210 |
$16,531 |
$22,626 |
$24,622 |
$21,687 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.75%
) |
(0.70%
) |
(0.98%
) |
(0.94%
) |
(0.95%
) |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.78% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
74% |
116% |
118% |
160% |
105% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$71.96 |
$77.68 |
$70.88 |
$67.43 |
$55.78 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.65 |
.81 |
.50 |
.51 |
.56 |
Net
gain (loss) on investments (realized
and
unrealized) |
(2.99
) |
(1.66
) |
7.00 |
4.44 |
11.84 |
Total
from investment operations |
(2.34
) |
(.85
) |
7.50 |
4.95 |
12.40 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.93
) |
(.54
) |
(.64
) |
(.59
) |
(.60
) |
Net
realized gains |
(.35
) |
(4.33
) |
(.06
) |
(.91
) |
(.15
) |
Total
distributions |
(1.28
) |
(4.87
) |
(.70
) |
(1.50
) |
(.75
) |
Net
asset value, end of period |
$68.34 |
$71.96 |
$77.68 |
$70.88 |
$67.43 |
|
|
|
|
|
|
Total
Returnb |
(3.30%
) |
(0.91%
) |
10.62% |
7.58% |
22.33% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$8,578 |
$12,833 |
$15,675 |
$15,787 |
$18,606 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.92% |
1.10% |
0.68% |
0.79% |
0.88% |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
126% |
149% |
162% |
155% |
177% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$135.09 |
$210.77 |
$162.39 |
$105.84 |
$67.30 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(1.04
) |
(.99
) |
(1.50
) |
(.73
) |
(.20
) |
Net
gain (loss) on investments (realized
and
unrealized) |
74.72 |
(67.42
) |
60.92 |
59.27 |
39.89 |
Total
from investment operations |
73.68 |
(68.41
) |
59.42 |
58.54 |
39.69 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
(4.38
) |
(7.27
) |
(11.04
) |
(1.99
) |
(1.15
) |
Total
distributions |
(4.38
) |
(7.27
) |
(11.04
) |
(1.99
) |
(1.15
) |
Net
asset value, end of period |
$204.39 |
$135.09 |
$210.77 |
$162.39 |
$105.84 |
|
|
|
|
|
|
Total
Returnb |
54.75% |
(32.70%
) |
38.25% |
55.96% |
59.28% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$35,352 |
$10,807 |
$16,564 |
$12,151 |
$11,293 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.60%
) |
(0.62%
) |
(0.82%
) |
(0.62%
) |
(0.23%
) |
Total
expenses |
1.81% |
1.77% |
1.70% |
1.82% |
1.82% |
Net
expensesc |
1.78% |
1.77% |
1.70% |
1.82% |
1.82% |
Portfolio
turnover rate |
70% |
115% |
197% |
158% |
208% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020d |
Year
Ended
December
31,
2019d |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$251.65 |
$171.83 |
$114.99 |
$176.90 |
$165.96 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
4.00 |
5.48 |
2.42 |
.96 |
1.71 |
Net
gain (loss) on investments (realized
and
unrealized) |
(.13
) |
77.00 |
55.43 |
(62.41
) |
9.62 |
Total
from investment operations |
3.87 |
82.48 |
57.85 |
(61.45
) |
11.33 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(9.97
) |
(2.66
) |
(1.01
) |
(.46
) |
(.39
) |
Total
distributions |
(9.97
) |
(2.66
) |
(1.01
) |
(.46
) |
(.39
) |
Net
asset value, end of period |
$245.55 |
$251.65 |
$171.83 |
$114.99 |
$176.90 |
|
|
|
|
|
|
Total
Returnb |
1.61% |
48.29% |
50.46% |
(34.17%
) |
6.81% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$16,575 |
$23,477 |
$16,714 |
$6,189 |
$9,766 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
1.63% |
2.38% |
1.51% |
2.04% |
0.97% |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.83% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.83% |
Portfolio
turnover rate |
229% |
307% |
316% |
317% |
114% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020d |
Year
Ended
December
31,
2019d |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$314.84 |
$220.84 |
$188.21 |
$302.92 |
$303.11 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(1.88
) |
(2.27
) |
.37 |
.11 |
1.50 |
Net
gain (loss) on investments (realized
and
unrealized) |
15.83 |
96.27 |
32.56 |
(114.69
) |
(1.69
) |
Total
from investment operations |
13.95 |
94.00 |
32.93 |
(114.58
) |
(.19
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
(.30
) |
(.13
) |
— |
Total
distributions |
— |
— |
(.30
) |
(.13
) |
— |
Net
asset value, end of period |
$328.79 |
$314.84 |
$220.84 |
$188.21 |
$302.92 |
|
|
|
|
|
|
Total
Returnb |
4.43% |
42.56% |
17.50% |
(37.33%
) |
(0.07%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$5,750 |
$17,546 |
$8,693 |
$3,825 |
$3,245 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.58%
) |
(0.80%
) |
0.16% |
0.44% |
0.45% |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.83% |
Net
expensesc |
1.78% |
1.77% |
1.69% |
1.82% |
1.83% |
Portfolio
turnover rate |
290% |
337% |
301% |
817% |
423% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$83.94 |
$112.74 |
$85.52 |
$89.79 |
$73.46 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.70 |
.65 |
.40 |
.70 |
.70 |
Net
gain (loss) on investments (realized
and
unrealized) |
10.96 |
(20.97
) |
29.49 |
(1.47
) |
19.67 |
Total
from investment operations |
11.66 |
(20.32
) |
29.89 |
(.77
) |
20.37 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
(.58
) |
(.38
) |
(.74
) |
(.71
) |
Net
realized gains |
— |
(7.90
) |
(2.29
) |
(2.76
) |
(3.33
) |
Total
distributions |
— |
(8.48
) |
(2.67
) |
(3.50
) |
(4.04
) |
Net
asset value, end of period |
$95.60 |
$83.94 |
$112.74 |
$85.52 |
$89.79 |
|
|
|
|
|
|
Total
Returnb |
13.89% |
(18.11%
) |
35.26% |
(0.11%
) |
28.08% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$13,703 |
$10,179 |
$18,140 |
$10,367 |
$11,327 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.82% |
0.67% |
0.39% |
0.92% |
0.83% |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.78% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
95% |
101% |
170% |
339% |
218% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$80.37 |
$96.58 |
$86.44 |
$74.88 |
$62.38 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.47
) |
(.47
) |
(.61
) |
(.55
) |
(.40
) |
Net
gain (loss) on investments (realized
and
unrealized) |
4.39 |
(11.24
) |
16.61 |
14.32 |
14.35 |
Total
from investment operations |
3.92 |
(11.71
) |
16.00 |
13.77 |
13.95 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
(3.15
) |
(4.50
) |
(5.86
) |
(2.21
) |
(1.45
) |
Total
distributions |
(3.15
) |
(4.50
) |
(5.86
) |
(2.21
) |
(1.45
) |
Net
asset value, end of period |
$81.14 |
$80.37 |
$96.58 |
$86.44 |
$74.88 |
|
|
|
|
|
|
Total
Returnb |
5.03% |
(12.00%
) |
18.84% |
18.68% |
22.57% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$13,710 |
$17,447 |
$23,841 |
$21,049 |
$19,042 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.59%
) |
(0.57%
) |
(0.66%
) |
(0.71%
) |
(0.58%
) |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
136% |
158% |
114% |
171% |
150% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$57.64 |
$139.50 |
$164.44 |
$104.02 |
$82.90 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(1.04
) |
(1.28
) |
(2.50
) |
(1.95
) |
(1.41
) |
Net
gain (loss) on investments (realized
and
unrealized) |
28.36 |
(59.04
) |
(2.98
) |
64.22 |
22.53 |
Total
from investment operations |
27.32 |
(60.32
) |
(5.48
) |
62.27 |
21.12 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
— |
(21.54
) |
(19.46
) |
(1.85
) |
— |
Total
distributions |
— |
(21.54
) |
(19.46
) |
(1.85
) |
— |
Net
asset value, end of period |
$84.96 |
$57.64 |
$139.50 |
$164.44 |
$104.02 |
|
|
|
|
|
|
Total
Returnb |
47.40% |
(44.84%
) |
(4.66%
) |
60.21% |
25.48% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$7,893 |
$4,424 |
$9,131 |
$14,066 |
$8,347 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(1.45%
) |
(1.55%
) |
(1.53%
) |
(1.54%
) |
(1.42%
) |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
240% |
58% |
139% |
243% |
319% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$88.27 |
$121.87 |
$122.53 |
$106.03 |
$83.01 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.02 |
(.44
) |
(1.02
) |
(.56
) |
(.09
) |
Net
gain (loss) on investments (realized
and
unrealized) |
19.84 |
(33.16
) |
2.25 |
21.48 |
24.33 |
Total
from investment operations |
19.86 |
(33.60
) |
1.23 |
20.92 |
24.24 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
— |
(.24
) |
Net
realized gains |
— |
— |
(1.89
) |
(4.42
) |
(.98
) |
Total
distributions |
— |
— |
(1.89
) |
(4.42
) |
(1.22
) |
Net
asset value, end of period |
$108.13 |
$88.27 |
$121.87 |
$122.53 |
$106.03 |
|
|
|
|
|
|
Total
Returnb |
22.50% |
(27.57%
) |
0.92% |
21.01% |
29.28% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$4,940 |
$3,736 |
$6,104 |
$10,822 |
$6,536 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.02% |
(0.45%
) |
(0.78%
) |
(0.56%
) |
(0.09%
) |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.83% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.83% |
Portfolio
turnover rate |
351% |
103% |
194% |
257% |
224% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$36.48 |
$41.25 |
$47.27 |
$36.75 |
$24.14 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.04
) |
.05 |
.06 |
(.37
) |
(.20
) |
Net
gain (loss) on investments (realized
and
unrealized) |
1.43 |
(4.64
) |
(4.40
) |
13.03 |
12.81 |
Total
from investment operations |
1.39 |
(4.59
) |
(4.34
) |
12.66 |
12.61 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.12
) |
(.18
) |
(1.68
) |
(2.14
) |
— |
Total
distributions |
(.12
) |
(.18
) |
(1.68
) |
(2.14
) |
— |
Net
asset value, end of period |
$37.75 |
$36.48 |
$41.25 |
$47.27 |
$36.75 |
|
|
|
|
|
|
Total
Returnb |
3.83% |
(11.08%
) |
(9.19%
) |
34.30% |
52.24% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$32,746 |
$24,977 |
$21,158 |
$23,246 |
$24,882 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.12%
) |
0.13% |
0.13% |
(0.88%
) |
(0.69%
) |
Total
expenses |
1.70% |
1.67% |
1.59% |
1.72% |
1.72% |
Net
expensesc |
1.68% |
1.67% |
1.59% |
1.72% |
1.72% |
Portfolio
turnover rate |
427% |
188% |
133% |
163% |
180% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$34.71 |
$51.05 |
$38.31 |
$43.46 |
$35.99 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.50 |
.38 |
.31 |
.28 |
.68 |
Net
gain (loss) on investments (realized
and
unrealized) |
3.02 |
(14.10
) |
12.70 |
(3.19
) |
8.03 |
Total
from investment operations |
3.52 |
(13.72
) |
13.01 |
(2.91
) |
8.71 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.47
) |
(.41
) |
(.27
) |
(1.16
) |
(.83
) |
Net
realized gains |
(1.40
) |
(2.21
) |
— |
(1.08
) |
(.41
) |
Total
distributions |
(1.87
) |
(2.62
) |
(.27
) |
(2.24
) |
(1.24
) |
Net
asset value, end of period |
$36.36 |
$34.71 |
$51.05 |
$38.31 |
$43.46 |
|
|
|
|
|
|
Total
Returnb |
10.32% |
(27.40%
) |
34.07% |
(5.82%
) |
24.43% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$4,736 |
$4,772 |
$14,706 |
$6,518 |
$12,249 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
1.45% |
0.90% |
0.69% |
0.76% |
1.62% |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
125% |
134% |
136% |
173% |
225% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$96.16 |
$134.27 |
$128.69 |
$89.57 |
$71.95 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.40
) |
(.71
) |
(1.27
) |
(.95
) |
(.45
) |
Net
gain (loss) on investments (realized
and
unrealized) |
16.32 |
(34.86
) |
16.53 |
40.07 |
18.07 |
Total
from investment operations |
15.92 |
(35.57
) |
15.26 |
39.12 |
17.62 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
— |
(2.54
) |
(9.68
) |
— |
— |
Total
distributions |
— |
(2.54
) |
(9.68
) |
— |
— |
Net
asset value, end of period |
$112.08 |
$96.16 |
$134.27 |
$128.69 |
$89.57 |
|
|
|
|
|
|
Total
Returnb |
16.56% |
(26.52%
) |
11.75% |
43.68% |
24.49% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$3,016 |
$3,220 |
$6,622 |
$7,196 |
$3,625 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.39%
) |
(0.68%
) |
(0.92%
) |
(0.91%
) |
(0.54%
) |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.83% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.83% |
Portfolio
turnover rate |
212% |
193% |
375% |
250% |
173% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$122.14 |
$207.63 |
$184.01 |
$125.88 |
$93.07 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(1.43
) |
(1.65
) |
(1.82
) |
(.99
) |
(.90
) |
Net
gain (loss) on investments (realized
and
unrealized) |
61.07 |
(72.52
) |
38.58 |
62.21 |
37.66 |
Total
from investment operations |
59.64 |
(74.17
) |
36.76 |
61.22 |
36.76 |
Less
distributions from: |
|
|
|
|
|
Net
realized gains |
(2.60
) |
(11.32
) |
(13.14
) |
(3.09
) |
(3.95
) |
Total
distributions |
(2.60
) |
(11.32
) |
(13.14
) |
(3.09
) |
(3.95
) |
Net
asset value, end of period |
$179.18 |
$122.14 |
$207.63 |
$184.01 |
$125.88 |
|
|
|
|
|
|
Total
Returnb |
49.01% |
(36.25%
) |
20.50% |
49.25% |
39.75% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$24,070 |
$15,460 |
$30,389 |
$25,233 |
$22,439 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
(0.94%
) |
(1.10%
) |
(0.92%
) |
(0.69%
) |
(0.79%
) |
Total
expenses |
1.81% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.78% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
100% |
78% |
113% |
192% |
188% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$52.62 |
$71.41 |
$66.03 |
$60.85 |
$53.75 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.32 |
.37 |
.44 |
.48 |
.37 |
Net
gain (loss) on investments (realized
and
unrealized) |
2.98
c |
(18.80
) |
5.48 |
5.27
c |
6.73 |
Total
from investment operations |
3.30 |
(18.43
) |
5.92 |
5.75 |
7.10 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.44
) |
(.36
) |
(.54
) |
(.57
) |
— |
Total
distributions |
(.44
) |
(.36
) |
(.54
) |
(.57
) |
— |
Net
asset value, end of period |
$55.48 |
$52.62 |
$71.41 |
$66.03 |
$60.85 |
|
|
|
|
|
|
Total
Returnb |
6.30% |
(25.85%
) |
8.98% |
9.49% |
13.21% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$1,976 |
$2,051 |
$6,987 |
$3,254 |
$3,250 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.59% |
0.62% |
0.62% |
0.81% |
0.63% |
Total
expenses |
1.81% |
1.77% |
1.70% |
1.82% |
1.82% |
Net
expensesd |
1.79% |
1.77% |
1.70% |
1.82% |
1.82% |
Portfolio
turnover rate |
260% |
113% |
237% |
258% |
263% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$71.36 |
$124.83 |
$109.37 |
$80.67 |
$66.01 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.15 |
(.16
) |
(.02
) |
(.72
) |
.09 |
Net
gain (loss) on investments (realized
and
unrealized) |
17.32 |
(42.05
) |
23.27 |
32.30 |
14.60 |
Total
from investment operations |
17.47 |
(42.21
) |
23.25 |
31.58 |
14.69 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
(.14
) |
— |
Net
realized gains |
— |
(11.26
) |
(7.79
) |
(2.74
) |
(.03
) |
Total
distributions |
— |
(11.26
) |
(7.79
) |
(2.88
) |
(.03
) |
Net
asset value, end of period |
$88.83 |
$71.36 |
$124.83 |
$109.37 |
$80.67 |
|
|
|
|
|
|
Total
Returnb |
24.48% |
(35.03%
) |
22.17% |
40.62% |
22.24% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$5,598 |
$3,329 |
$6,872 |
$7,900 |
$4,723 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.17% |
(0.17%
) |
(0.02%
) |
(0.86%
) |
0.11% |
Total
expenses |
1.81% |
1.77% |
1.70% |
1.82% |
1.83% |
Net
expensesc |
1.79% |
1.77% |
1.70% |
1.82% |
1.83% |
Portfolio
turnover rate |
318% |
343% |
326% |
373% |
277% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$34.65 |
$34.86 |
$30.93 |
$33.76 |
$28.43 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.46 |
.29 |
.43 |
.41 |
.39 |
Net
gain (loss) on investments (realized
and
unrealized) |
(2.92
) |
.07 |
4.02 |
(2.20
) |
5.01 |
Total
from investment operations |
(2.46
) |
.36 |
4.45 |
(1.79
) |
5.40 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.52
) |
(.31
) |
(.52
) |
(.55
) |
(.07
) |
Net
realized gains |
— |
(.26
) |
— |
(.49
) |
— |
Total
distributions |
(.52
) |
(.57
) |
(.52
) |
(1.04
) |
(.07
) |
Net
asset value, end of period |
$31.67 |
$34.65 |
$34.86 |
$30.93 |
$33.76 |
|
|
|
|
|
|
Total
Returnb |
(7.12%
) |
1.04% |
14.52% |
(5.13%
) |
19.01% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$9,509 |
$17,137 |
$13,444 |
$11,801 |
$16,035 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
1.40% |
0.83% |
1.32% |
1.34% |
1.22% |
Total
expenses |
1.80% |
1.77% |
1.69% |
1.82% |
1.82% |
Net
expensesc |
1.79% |
1.77% |
1.69% |
1.82% |
1.82% |
Portfolio
turnover rate |
102% |
387% |
110% |
151% |
144% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$108.91 |
$125.31 |
$105.80 |
$107.35 |
$84.49 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
3.29 |
.57 |
(.92
) |
(.63
) |
.76 |
Net
gain (loss) on investments (realized
and
unrealized) |
18.59 |
(16.97
) |
20.70 |
.73
e |
23.18 |
Total
from investment operations |
21.88 |
(16.40
) |
19.78 |
.10 |
23.94 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.40
) |
— |
(.27
) |
(1.65
) |
(1.08
) |
Total
distributions |
(.40
) |
— |
(.27
) |
(1.65
) |
(1.08
) |
Net
asset value, end of period |
$130.39 |
$108.91 |
$125.31 |
$105.80 |
$107.35 |
|
|
|
|
|
|
Total
Returnb |
20.09% |
(13.07%
) |
18.71% |
0.24% |
28.43% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$2,151 |
$2,735 |
$1,974 |
$2,523 |
$3,990 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
2.68% |
0.53% |
(0.78%
) |
(0.67%
) |
0.77% |
Total
expensesc |
1.90% |
1.88% |
1.80% |
1.91% |
1.88% |
Net
expensesd |
1.83% |
1.78% |
1.71% |
1.86% |
1.80% |
Portfolio
turnover rate |
725% |
70% |
374% |
212% |
391% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$58.06 |
$101.86 |
$118.59 |
$85.35 |
$62.30 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
2.39 |
.07 |
(1.11
) |
(.65
) |
.66 |
Net
gain (loss) on investments (realized
and
unrealized) |
17.63 |
(43.87
) |
(15.62
) |
34.73 |
23.49 |
Total
from investment operations |
20.02 |
(43.80
) |
(16.73
) |
34.08 |
24.15 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.03
) |
— |
— |
(.84
) |
(1.10
) |
Total
distributions |
(.03
) |
— |
— |
(.84
) |
(1.10
) |
Net
asset value, end of period |
$78.05 |
$58.06 |
$101.86 |
$118.59 |
$85.35 |
|
|
|
|
|
|
Total
Returnb |
34.46% |
(43.00%
) |
(14.11%
) |
40.46% |
39.03% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$1,488 |
$929 |
$1,783 |
$2,993 |
$2,037 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.38% |
0.10% |
(0.97%
) |
(0.82%
) |
0.89% |
Total
expensesc |
1.70% |
1.67% |
1.59% |
1.72% |
1.72% |
Net
expensesd |
1.69% |
1.63% |
1.53% |
1.67% |
1.64% |
Portfolio
turnover rate |
— |
— |
41% |
199% |
153% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$101.51 |
$87.09 |
$62.42 |
$81.37 |
$71.69 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
3.23 |
(.17
) |
(.96
) |
(.47
) |
.61 |
Net
gain (loss) on investments (realized
and
unrealized) |
(9.32
) |
20.44 |
25.63 |
(18.06
) |
10.26 |
Total
from investment operations |
(6.09
) |
20.27 |
24.67 |
(18.53
) |
10.87 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(9.96
) |
(5.85
) |
— |
(.42
) |
(1.19
) |
Total
distributions |
(9.96
) |
(5.85
) |
— |
(.42
) |
(1.19
) |
Net
asset value, end of period |
$85.46 |
$101.51 |
$87.09 |
$62.42 |
$81.37 |
|
|
|
|
|
|
Total
Returnb |
(6.24%
) |
22.88% |
39.52% |
(22.72%
) |
15.25% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$6,486 |
$12,451 |
$8,767 |
$3,505 |
$3,193 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.46% |
(0.15%
) |
(1.20%
) |
(0.82%
) |
0.77% |
Total
expensesc |
1.89% |
1.88% |
1.86% |
1.88% |
1.98% |
Net
expensesd |
1.68% |
1.71% |
1.67% |
1.69% |
1.78% |
Portfolio
turnover rate |
— |
— |
92% |
123% |
128% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$45.16 |
$39.05 |
$35.15 |
$41.21 |
$39.73 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.44 |
.06 |
(.49
) |
(.43
) |
.21 |
Net
gain (loss) on investments (realized
and
unrealized) |
(.92
) |
6.05 |
4.39 |
(5.32
) |
1.63 |
Total
from investment operations |
.52 |
6.11 |
3.90 |
(5.75
) |
1.84 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.12
) |
— |
— |
(.31
) |
(.36
) |
Total
distributions |
(.12
) |
— |
— |
(.31
) |
(.36
) |
Net
asset value, end of period |
$45.56 |
$45.16 |
$39.05 |
$35.15 |
$41.21 |
|
|
|
|
|
|
Total
Returnb |
1.18% |
15.65% |
11.10% |
(14.03%
) |
4.61% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$1,410 |
$3,573 |
$4,004 |
$1,556 |
$1,412 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.13% |
0.13% |
(1.32%
) |
(1.05%
) |
0.50% |
Total
expensesc |
1.99% |
1.96% |
1.99% |
2.02% |
2.09% |
Net
expensesd |
1.92% |
1.89% |
1.90% |
1.96% |
2.02% |
Portfolio
turnover rate |
— |
— |
131% |
103% |
102% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$43.03 |
$52.78 |
$61.36 |
$56.17 |
$59.56 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.27 |
.05 |
(.83
) |
(.76
) |
.28 |
Net
gain (loss) on investments (realized
and
unrealized) |
(.03
) |
(9.80
) |
(7.75
) |
6.19 |
(3.17
) |
Total
from investment operations |
1.24 |
(9.75
) |
(8.58
) |
5.43 |
(2.89
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.04
) |
— |
— |
(.24
) |
(.50
) |
Total
distributions |
(.04
) |
— |
— |
(.24
) |
(.50
) |
Net
asset value, end of period |
$44.23 |
$43.03 |
$52.78 |
$61.36 |
$56.17 |
|
|
|
|
|
|
Total
Returnb |
2.85% |
(18.47%
) |
(13.98%
) |
9.69% |
(4.85%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$621 |
$1,406 |
$693 |
$2,332 |
$587 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
2.96% |
0.12% |
(1.43%
) |
(1.35%
) |
0.50% |
Total
expensesc |
1.97% |
1.93% |
2.00% |
2.00% |
2.08% |
Net
expensesd |
1.91% |
1.85% |
1.93% |
1.96% |
2.00% |
Portfolio
turnover rate |
— |
— |
93% |
129% |
187% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$22.31 |
$38.33 |
$41.59 |
$34.15 |
$29.60 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.63 |
.38 |
.17 |
.02 |
.39 |
Net
gain (loss) on investments (realized
and
unrealized) |
(.88
) |
(15.96
) |
(3.29
) |
7.48
e |
4.55 |
Total
from investment operations |
(.25
) |
(15.58
) |
(3.12
) |
7.50 |
4.94 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.63
) |
(.44
) |
(.14
) |
(.03
) |
(.39
) |
Return
of capital |
— |
— |
— |
(.03
) |
— |
Total
distributions |
(.63
) |
(.44
) |
(.14
) |
(.06
) |
(.39
) |
Net
asset value, end of period |
$21.43 |
$22.31 |
$38.33 |
$41.59 |
$34.15 |
|
|
|
|
|
|
Total
Returnb |
(1.03%
) |
(40.83%
) |
(7.49%
) |
21.96% |
16.78% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$7,333 |
$7,957 |
$12,373 |
$15,472 |
$10,353 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
2.90% |
1.33% |
0.47% |
0.06% |
1.19% |
Total
expensesc |
1.45% |
1.39% |
1.30% |
1.43% |
1.41% |
Net
expensesd |
1.42% |
1.37% |
1.28% |
1.40% |
1.38% |
Portfolio
turnover rate |
1,170% |
1,890% |
1,382% |
1,887% |
2,060% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$99.00 |
$67.73 |
$67.08 |
$85.27 |
$98.33 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
4.04 |
(1.24
) |
(2.10
) |
(1.48
) |
.26 |
Net
gain (loss) on investments (realized
and
unrealized) |
.14 |
32.51 |
2.75 |
(16.51
) |
(13.32
) |
Total
from investment operations |
4.18 |
31.27 |
.65 |
(17.99
) |
(13.06
) |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
— |
— |
— |
(.20
) |
— |
Total
distributions |
— |
— |
— |
(.20
) |
— |
Net
asset value, end of period |
$103.18 |
$99.00 |
$67.73 |
$67.08 |
$85.27 |
|
|
|
|
|
|
Total
Returnb |
4.22% |
46.17% |
0.97% |
(21.09%
) |
(13.28%
) |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$2,199 |
$3,924 |
$3,348 |
$2,648 |
$2,382 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.96% |
(1.46%
) |
(2.89%
) |
(2.23%
) |
0.29% |
Total
expensesc |
5.13% |
4.47% |
3.46% |
3.01% |
3.58% |
Net
expensesd,e |
5.02% |
4.38% |
3.38% |
2.97% |
3.49% |
Portfolio
turnover rate |
861% |
1,849% |
1,451% |
2,529% |
966% |
12/31/23 |
12/31/22 |
12/31/21 |
12/31/20 |
12/31/19 |
1.75% |
1.73% |
1.65% |
1.83% |
1.79% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$71.14 |
$81.84 |
$80.49 |
$86.60 |
$77.95 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
2.29 |
.51 |
(.35
) |
(.20
) |
.64 |
Net
gain (loss) on investments (realized
and
unrealized) |
6.68 |
(9.94
) |
1.70 |
(.60
) |
10.08 |
Total
from investment operations |
8.97 |
(9.43
) |
1.35 |
(.80
) |
10.72 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(1.32
) |
(1.27
) |
— |
(4.92
) |
(2.07
) |
Net
realized gains |
— |
— |
— |
(.39
) |
— |
Total
distributions |
(1.32
) |
(1.27
) |
— |
(5.31
) |
(2.07
) |
Net
asset value, end of period |
$78.79 |
$71.14 |
$81.84 |
$80.49 |
$86.60 |
|
|
|
|
|
|
Total
Returnb |
12.69% |
(11.48%
) |
1.68% |
(0.47%
) |
13.84% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$9,389 |
$4,422 |
$5,286 |
$10,775 |
$10,508 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.10% |
0.70% |
(0.44%
) |
(0.25%
) |
0.76% |
Total
expensesc |
1.70% |
1.66% |
1.60% |
1.72% |
1.72% |
Net
expensesd |
1.66% |
1.61% |
1.54% |
1.67% |
1.65% |
Portfolio
turnover rate |
— |
111% |
117% |
460% |
299% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$15.09 |
$17.71 |
$14.40 |
$13.84 |
$13.19 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.02 |
.04 |
.07 |
.08 |
.09 |
Net
gain (loss) on investments (realized
and
unrealized) |
1.90 |
(2.59
) |
3.35 |
.59 |
.64 |
Total
from investment operations |
1.92 |
(2.55
) |
3.42 |
.67 |
.73 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.04
) |
(.07
) |
(.11
) |
(.11
) |
(.08
) |
Total
distributions |
(.04
) |
(.07
) |
(.11
) |
(.11
) |
(.08
) |
Net
asset value, end of period |
$16.97 |
$15.09 |
$17.71 |
$14.40 |
$13.84 |
|
|
|
|
|
|
Total
Returnb |
12.75% |
(14.39%
) |
23.80% |
4.93% |
5.54% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$25,562 |
$22,377 |
$27,383 |
$22,969 |
$30,683 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
0.13% |
0.23% |
0.45% |
0.59% |
0.65% |
Total
expensesc,d |
1.92% |
1.78% |
1.60% |
1.73% |
1.72% |
Portfolio
turnover rate |
338% |
302% |
211% |
160% |
170% |
12/31/23 |
12/31/22 |
12/31/21 |
12/31/20 |
12/31/19 |
1.92% |
1.78% |
1.60% |
1.73% |
1.72% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$17.58 |
$16.24 |
$16.32 |
$16.64 |
$15.50 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.54 |
.06 |
(.15
) |
(.09
) |
.14 |
Net
gain (loss) on investments (realized
and
unrealized) |
.11 |
1.80 |
.29 |
.51 |
1.15 |
Total
from investment operations |
.65 |
1.86 |
.14 |
.42 |
1.29 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.65
) |
(.43
) |
— |
(.65
) |
(.15
) |
Net
realized gains |
(.41
) |
(.09
) |
(.22
) |
(.09
) |
— |
Total
distributions |
(1.06
) |
(.52
) |
(.22
) |
(.74
) |
(.15
) |
Net
asset value, end of period |
$17.17 |
$17.58 |
$16.24 |
$16.32 |
$16.64 |
|
|
|
|
|
|
Total
Returnb |
3.80% |
11.28% |
0.82% |
2.60% |
8.35% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$14,499 |
$21,041 |
$10,671 |
$13,593 |
$14,282 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.08% |
0.36% |
(0.87%
) |
(0.55%
) |
0.82% |
Total
expensesc |
2.14% |
1.96% |
1.81% |
1.80% |
1.81% |
Net
expensesd |
2.00% |
1.85% |
1.69% |
1.72% |
1.74% |
Portfolio
turnover rate |
— |
— |
2% |
2% |
13% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$25.56 |
$27.01 |
$25.62 |
$24.17 |
$23.55 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.57 |
.09 |
(.12
) |
(.07
) |
.23 |
Net
gain (loss) on investments (realized
and
unrealized) |
.52 |
(.96
) |
2.18 |
1.85 |
.97 |
Total
from investment operations |
1.09 |
(.87
) |
2.06 |
1.78 |
1.20 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.74
) |
(.31
) |
— |
(.33
) |
(.58
) |
Net
realized gains |
— |
(.27
) |
(.67
) |
— |
— |
Total
distributions |
(.74
) |
(.58
) |
(.67
) |
(.33
) |
(.58
) |
Net
asset value, end of period |
$25.91 |
$25.56 |
$27.01 |
$25.62 |
$24.17 |
|
|
|
|
|
|
Total
Returnb |
4.37% |
(3.40%
) |
8.10% |
7.39% |
5.15% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$42,639 |
$50,009 |
$43,849 |
$40,313 |
$34,610 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
2.23% |
0.33% |
(0.45%
) |
(0.27%
) |
0.94% |
Total
expensesc |
1.62% |
1.58% |
1.92% |
1.68% |
1.72% |
Net
expensesd,e |
1.55% |
1.53% |
1.87% |
1.63% |
1.69% |
Portfolio
turnover rate |
194% |
187% |
180% |
207% |
163% |
12/31/23 |
12/31/22 |
12/31/21 |
12/31/20 |
12/31/19 |
1.15% |
1.15% |
1.16% |
1.13% |
1.16% |
|
Year
Ended
December
31,
2023 |
Year
Ended
December
31,
2022 |
Year
Ended
December
31,
2021 |
Year
Ended
December
31,
2020 |
Year
Ended
December
31,
2019 |
Per
Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.04 |
.01 |
—
b |
—
b |
.01 |
Net
gain (loss) on investments (realized
and
unrealized) |
— |
— |
—
b |
—
b |
— |
Total
from investment operations |
.04 |
.01 |
— |
— |
.01 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.04
) |
(.01
) |
(—
)b |
(—
)b |
(.01
) |
Net
realized gains |
(—
)b |
(—
)b |
(—
)b |
(—
)b |
(—
)b |
Total
distributions |
(.04
) |
(.01
) |
(—
)b |
(—
)b |
(.01
) |
Net
asset value, end of period |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
$1.00 |
|
|
|
|
|
|
Total
Returnc |
3.71% |
0.73% |
0.00%
c |
0.07% |
0.87% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
assets, end of period (in thousands) |
$40,626 |
$87,402 |
$53,732 |
$54,657 |
$49,233 |
Ratios
to average net assets: |
|
|
|
|
|
Net
investment income (loss) |
3.59% |
0.70% |
—
e |
0.05% |
0.88% |
Total
expenses |
1.45% |
1.39% |
1.29% |
1.42% |
1.42% |
Net
expensesd |
1.45% |
0.91% |
0.08% |
0.41% |
1.42% |
STOXX
and its Licensors will not have any liability in connection with the
Europe 1.25x Strategy Fund.
Specifically, |
•STOXX
and its Licensors do not make any warranty, express or implied and
disclaim any and all warranty
about: |
•The
results to be obtained by the Europe 1.25x Strategy Fund, the owner of the
Europe 1.25x
Strategy
Fund or any other person in connection with the use of the STOXX Europe
50®
Index and
the
data included in the STOXX Europe 50®
Index; |
•The
accuracy or completeness of the STOXX Europe 50®
Index and its data; |
•The
merchantability and the fitness for a particular purpose or use of the
STOXX Europe 50®
Index
and
its data; |
•STOXX
and its Licensors will have no liability for any errors, omissions or
interruptions in the STOXX
Europe
50®
Index or its data; |
•Under
no circumstances will STOXX or its Licensors be liable for any lost
profits or indirect, punitive,
special
or consequential damages or losses, even if STOXX or its Licensors knows
that they might
occur. |
The
licensing agreement between the Licensee and STOXX is solely for their
benefit and not for the
benefit
of the owners of the Europe 1.25x Strategy Fund or any other third
parties. |