Item B.1. Background information.

a. Full name of Registrant	Rydex Series Funds
b. Investment Company Act file number ( e.g., 811-)	811-07584
c. CIK	0000899148
d. LEI	5493004D62WV1EDNTU07

Item B.2. Address and telephone number of Registrant.

a. Street 1	702 King Farm Blvd., Suite 200
Street 2
b. City	Rockville
c. State, if applicable	MARYLAND
d. Foreign country, if applicable	UNITED STATES OF AMERICA
e. Zip code and zip code extension, or foreign postal code	20850
f. Telephone number (including country code if foreign)	301-296-5100
g. Public Website, if any	https://www.guggenheiminvestments.com/mf/products

Item B.3. Location of books and records.

Instruction. Provide the requested information for each person maintaining physical possession of each account, book, or other document required to be maintained by section 31(a) of the Act (15 U.S.C. 80a-30(a)) and the rules under that section.

Location books Record: 1
a. Name of person (e.g., a custodian of records)	MUFG Investor Services (US), LLC
b. Street 1	805 King Farm Blvd
Street 2
c. City	Rockville
d. State, if applicable	MARYLAND
e. Foreign country, if applicable	UNITED STATES OF AMERICA
f. Zip code and zip code extension, or foreign postal code	20850
g. Telephone number (including country code if foreign)	240-614-4800
h. Briefly describe the books and records kept at this location:	Records of the Trust's securities and cash

Item B.4. Initial of final filings.

Instruction. Respond "yes" to Item B.4.b only if the Registrant has filed an application to deregister or will file an application to deregister before its next required filing on this form.

a. Is this the first filing on this form by the Registrant?	Yes No
b. Is this the last filing on this form by the Registrant?	Yes No

Item B.5. Family of investment companies.

Instruction. "Family of investment companies" means, except for insurance company separate accounts, any two or more registered investment companies that (i) share the same investment adviser or principal underwriter; and (ii) hold themselves out to investors as related companies for purposes of investment and investor services.In responding to this item, all Registrants in the family of investment companies should report the name of the family of investment companies identically.

Insurance company separate accounts that may not hold themselves out to investors as related companies (products) for purposes of investment and investor services should consider themselves part of the same family if the operational or accounting or control systems under which these entities function are substantially similar.

a. Is the Registrant part of a family of investment companies?

Yes No

i. Full name of family of investment companies

Guggenheim

Item B.6. Organization.

Instruction. For Item B.6.a.i., the Registrant should include all Series that have been established by the Registrant and have shares outstanding (other than shares issued in connection with an initial investment to satisfy section 14(a) of the Act).

Indicate the classification of the Registrant by checking the applicable item below.

 a. Open-end management investment company registered under the Act on Form N-1A 
 b. Closed-end management investment company registered under the Act on Form N-2  
 c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3 
 d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4 
 e. Small business investment company registered under the Act on Form N-5 
 f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6 
 g. Unit investment trust registered under the Act on Form N-8B-2 

i. Total number of Series of the Registrant	52
ii. If a Series of the Registrant with a fiscal year end covered by the report was terminated during the reporting period, provide the following information:
Terminated Organization Record: 1
i. Name of the Series	Event Driven and Distressed Strategies Fund
ii. Series identification number	S000029171
iii. Date of termination (month/year)	10/2018

Item B.7. Securities Act registration.

Is the Registrant the issuer of a class of securities registered under the Securities Act of 1933 ("Securities Act")?

Yes No

Item B.8. Directors.

Provide the information requested below about each person serving as director of the Registrant (management investment companies only):

Director Record: 1
a. Full Name	Sandra G. Sponem
b. CRD number, if any	N/A
c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))?	Yes No
d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-)
File Number Record: 1
File Number Record:	811-09525
File Number Record: 2
File Number Record:	811-08821
Director Record: 2
a. Full Name	Corey A. Colehour
b. CRD number, if any	N/A
c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))?	Yes No
d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-)
File Number Record: 1
File Number Record:	811-09525
File Number Record: 2
File Number Record:	811-08821
Director Record: 3
a. Full Name	Thomas F. Lydon Jr.
b. CRD number, if any	001099080
c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))?	Yes No
d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-)
File Number Record: 1
File Number Record:	811-08821
File Number Record: 2
File Number Record:	811-09525
Director Record: 4
a. Full Name	J. Kenneth Dalton
b. CRD number, if any	N/A
c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))?	Yes No
d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-)
File Number Record: 1
File Number Record:	811-09525
File Number Record: 2
File Number Record:	811-08821
File Number Record: 3
File Number Record:	811-21962
Director Record: 5
a. Full Name	Angela Brock-Kyle
b. CRD number, if any	N/A
c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))?	Yes No
d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-)
File Number Record: 1
File Number Record:	811-08821
File Number Record: 2
File Number Record:	811-09525

Item B.9. Chief compliance officer.

Provide the information requested below about each person serving as chief compliance officer of the Registrant for purposes of rule 38a-1 (17 CFR 270.38a- 1):

Chief compliance officer Record: 1
a. Full Name	Elisabeth Miller
b. CRD Number, if any	004381813
c. Street Address 1	702 King Farm Blvd., Suite 200
Street Address 2
d. City	Rockville
e. State, if applicable	MARYLAND
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Zip code and zip code extension, or foreign postal code	20850
h. Telephone number (including country code if foreign)	XXXXXX
i. Has the chief compliance officer changed since the last filing?	Yes No

If the chief compliance officer is compensated or employed by any person other than the Registrant, or an affiliated person of the Registrant, for providing chief compliance officer services, provide:

CCO employer Record: 1
i. Name of the person	N/A
ii. Person's IRS Employer Identification Number	N/A

Item B.10. Matters for security holder vote.

Instruction. Registrants registered on Forms N-3, N-4 or N-6, should respond "yes" to this Item only if security holder votes were solicited on contract-level matters.

Were any matters submitted by the Registrant for its security holders' vote during the reporting period?

Yes No

Item B.11. Legal proceeding.

Instruction. For purposes of this Item, the following proceedings should be described: (1) any bankruptcy, receivership or similar proceeding with respect to the Registrant or any of its significant subsidiaries; (2) any proceeding to which any director, officer or other affiliated person of the Registrant is a party adverse to the Registrant or any of its subsidiaries; and (3) any proceeding involving the revocation or suspension of the right of the Registrant to sell securities.

a. Have there been any material legal proceedings, other than routine litigation incidental to the business, to which the Registrant or any of its subsidiaries was a party or of which any of their property was the subject during the reporting period?

Yes No

If yes, include the attachment required by Item G.1.a.i.

i. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:

Legal proceeding series info Record: 1
1. Series name	S&P 500 Fund
2. Series identification number	S000012221
Legal proceeding series info Record: 2
1. Series name	Nova Fund
2. Series identification number	S000003691
Legal proceeding series info Record: 3
1. Series name	S&P 500 Pure Value Fund
2. Series identification number	S000003688

b. Has any proceeding previously reported been terminated?

Yes No

Item B.12. Fidelity bond and insurance (management investment companies only).

a. Were any claims with respect to the Registrant filed under a fidelity bond (including, but not limited to, the fidelity insuring agreement of the bond) during the reporting period?	Yes No

Item B.13. Directors and officers/errors and omissions insurance (management investment companies only).

a. Are the Registrant's officers or directors covered in their capacities as officers or directors under any directors and officers/errors and omissions insurance policy owned by the Registrant or anyone else?	Yes No
i. If yes, were any claims filed under the policy during the reporting period with respect to the Registrant?	Yes No

Item B.14. Provision of financial support.

Instruction. For purposes of this Item, a provision of financial support includes any (1) capital contribution, (2) purchase of a security from a Money Market Fund in reliance on rule 17a-9 under the Act (17 CFR 270.17a-9), (3) purchase of any defaulted or devalued security at fair value reasonably intended to increase or stabilize the value or liquidity of the Registrant's portfolio, (4) execution of letter of credit or letter of indemnity, (5) capital support agreement (whether or not the Registrant ultimately received support), (6) performance guarantee, or (7) other similar action reasonably intended to increase or stabilize the value or liquidity of the Registrant's portfolio. Provision of financial support does not include any (1) routine waiver of fees or reimbursement of Registrant's expenses, (2) routine inter-fund lending, (3) routine inter-fund purchases of Registrant's shares, or (4) action that would qualify as financial support as defined above, that the board of directors has otherwise determined not to be reasonably intended to increase or stabilize the value or liquidity of the Registrant's portfolio.

Did an affiliated person, promoter, or principal underwriter of the Registrant, or an affiliated person of such a person, provide any form of financial support to the Registrant during the reporting period?

Yes No

Item B.15. Exemptive orders.

a. During the reporting period, did the Registrant rely on any orders from the Commission granting an exemption from one or more provisions of the Act, Securities Act or Exchange Act?

Yes No

Item B.16. Principal underwriters.

a. Provide the information requested below about each principal underwriter:

Principal underwriter Record: 1
i. Full name	Guggenheim Funds Distributors, LLC
ii. SEC file number (e.g., 8-)	008-48842
iii. CRD number	000039805
iv. LEI, if any	549300YLHACOJHH3DN20
v. State, if applicable	MARYLAND
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Is the principal underwriter an affiliated person of the Registrant, or its investment adviser(s) or depositor?	Yes No
b. Have any principal underwriters been hired or terminated during the reporting period?	Yes No

Item B.17. Independent public accountant.

Provide the following information about eachthe independent public accountant:

Public accountant Record: 1
a. Full Name	Ernst & Young LLP
b. PCAOB Number	42
c. LEI, if any	N/A
d. State, if applicable	VIRGINIA
e. Foreign country, if applicable	UNITED STATES OF AMERICA

f. Has the independent public accountant changed since the last filing?

Yes No

Item B.18. Report on internal control (management investment companies only).

Instruction. Small business investment companies are not required to respond to this item.

For the reporting period, did an independent public accountant's report on internal control note any material weaknesses?

Yes No

Item B.19. Audit opinion.

For the reporting period, did an independent public accountant issue an opinion other than an unqualified opinion with respect to its audit of the Registrant's financial statements?

Yes No

Item B.20. Change in valuation methods.

Instruction. Responses to this item need not include changes to valuation techniques used for individual securities (e.g., changing from market approach to income approach for a private equity security). In responding to Item B.20.c., provide the applicable "asset type" category specified in Item C.4.a. of Form N-PORT. In responding to Item B.20.d., provide a brief description of the type of investments involved. If the change in valuation methods applies only to certain sub-asset types included in the response to Item B.20.c., please provide the sub-asset types in the response to Item B.20.d. The responses to Item B.20.c. and Item B.20.d. should be identical only if the change in valuation methods applies to all assets within that category.

Have there been material changes in the method of valuation (e.g., change from use of bid price to mid price for fixed income securities or change in trigger threshold for use of fair value factors on international equity securities) of the Registrant's assets during the reporting period?

Yes No

Item B.21. Change in accounting principles and practices.

Have there been any changes in accounting principles or practices, or any change in the method of applying any such accounting principles or practices, which will materially affect the financial statements filed or to be filed for the current year with the Commission and which has not been previously reported?

Yes No

Item B.22. Net asset value error corrections (open-end management investment companies only).

a. During the reporting period, were any payments made to shareholders or shareholder accounts reprocessed as a result of an error in calculating the Registrant's net asset value (or net asset value per share)?

Yes No

Item B.23. Rule 19a-1 notice (management investment companies only).

During the reporting period, did the Registrant pay any dividend or make any distribution in the nature of a dividend payment, required to be accompanied by a written statement pursuant to section 19(a) of the Act (15 U.S.C. 80a-19(a)) and rule 19a-1 thereunder (17 CFR 270.19a-1)?

Yes No

Payment dividend series info Record: 1
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Consumer Products Fund
ii. Series identification number	S000003811

Payment dividend series info Record: 2
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Retailing Fund
ii. Series identification number	S000003813

Payment dividend series info Record: 3
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Telecommunications Fund
ii. Series identification number	S000003799

Payment dividend series info Record: 4
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Long Short Equity Fund
ii. Series identification number	S000003686

Payment dividend series info Record: 5
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	S&P 500 Pure Value Fund
ii. Series identification number	S000003688

Payment dividend series info Record: 6
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Leisure Fund
ii. Series identification number	S000003812

Payment dividend series info Record: 7
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	S&P SmallCap 600 Pure Growth Fund
ii. Series identification number	S000003768

Payment dividend series info Record: 8
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Transportation Fund
ii. Series identification number	S000003800

Payment dividend series info Record: 9
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Internet Fund
ii. Series identification number	S000003804

Payment dividend series info Record: 10
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Technology Fund
ii. Series identification number	S000003809

Payment dividend series info Record: 11
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	S&P MidCap 400 Pure Value Fund
ii. Series identification number	S000003769

Payment dividend series info Record: 12
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Health Care Fund
ii. Series identification number	S000003808

Payment dividend series info Record: 13
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Basic Materials Fund
ii. Series identification number	S000003810

Payment dividend series info Record: 14
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Financial Services Fund
ii. Series identification number	S000003807

Payment dividend series info Record: 15
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Mid-Cap 1.5x Strategy Fund
ii. Series identification number	S000003685

Payment dividend series info Record: 16
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Dow Jones Industrial Average Fund
ii. Series identification number	S000051596

Payment dividend series info Record: 17
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	S&P 500 Fund
ii. Series identification number	S000012221

Payment dividend series info Record: 18
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Biotechnology Fund
ii. Series identification number	S000003802

Payment dividend series info Record: 19
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	Electronics Fund
ii. Series identification number	S000003803

Payment dividend series info Record: 20
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	S&P 500 Pure Growth Fund
ii. Series identification number	S000003689

Payment dividend series info Record: 21
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	NASDAQ-100 Fund
ii. Series identification number	S000003693

Payment dividend series info Record: 22
a. If yes, and to the extent the response relates only to certain series of the Registrant, indicate the series involved:
i. Series name	S&P MidCap 400 Pure Growth Fund
ii. Series identification number	S000003770

General Instruction. Management investment companies that offer multiple series must complete Part C as to each series separately, even if some information is the same for two or more series. To begin this section or add an additional series(s), click on the bar labeled "Add a New Series" below.

Management Investment Record: 1

Item C.1. Background information.

a. Full Name of the Fund	Retailing Fund
b. Series identication number, if any	S000003813
c. LEI	549300BHV8T6NRYI4517
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010638
iii. Ticker symbol, if any	RYRIX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010640
iii. Ticker symbol, if any	RYRTX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010639
iii. Ticker symbol, if any	RYRAX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010641
iii. Ticker symbol, if any	RYRCX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,942,610.82000000
g. Provide the net income from securities lending activities	23,661.73000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	61.78000000
Brokers Record: 2
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,647.61000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,544.02000000
Brokers Record: 4
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,911.88000000
Brokers Record: 5
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,392.74000000
Brokers Record: 6
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	32,220.06000000
Brokers Record: 7
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,003.85000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	60,781.94000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	20,937,585.99000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	46,453,717.97000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,837,825.99000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

82,229,129.95000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	56,134,662.25750000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 4

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 36

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 41

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 44

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 57

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 59

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 94

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 99

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 101

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 2

Item C.1. Background information.

a. Full Name of the Fund	S&P MidCap 400 Pure Value Fund
b. Series identication number, if any	S000003769
c. LEI	5493006HQXAXWTT0LT49
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010450
iii. Ticker symbol, if any	RYMMX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010448
iii. Ticker symbol, if any	RYAVX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010449
iii. Ticker symbol, if any	RYMVX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00337200  2. After Fund fees and expenses (i.e., net asset value): -0.02078600  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00158300  2. After Fund fees and expenses (i.e., net asset value): 0.00164300   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	521,934.54000000
g. Provide the net income from securities lending activities	6,127.50000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	446.89000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,709.74000000
Brokers Record: 3
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,838.44000000
Brokers Record: 4
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	556.98000000
Brokers Record: 5
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,397.99000000
Brokers Record: 6
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,017.82000000
Brokers Record: 7
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	30,769.04000000
Brokers Record: 8
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11.46000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	50,748.36000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,437,663.42000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	3,801,333.82000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,197,560.65000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

18,436,557.89000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	12,259,196.70916600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 45

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 61

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 62

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 91

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 95

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 97

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 101

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 105

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 3

Item C.1. Background information.

a. Full Name of the Fund	Inverse Emerging Markets 2x Strategy Fund
b. Series identication number, if any	S000018292
c. LEI	549300XEOQTYPZN81706
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000050427
iii. Ticker symbol, if any	RYWYX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000050426
iii. Ticker symbol, if any	RYWZX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000050425
iii. Ticker symbol, if any	RYWWX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: 0.11165899  2. After Fund fees and expenses (i.e., net asset value): 0.09231000  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.01362100  2. After Fund fees and expenses (i.e., net asset value): 0.01357500   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	491.80000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	491.80000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	97,828,248.76000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	93,218,807.23000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	301,075,120.56000000
Principal Transactions Record: 4
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	129,626,081.40000000
Principal Transactions Record: 5
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	416,832,606.12000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

1,038,580,864.07000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	2,926,911.30833300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 4

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 26

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 51

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 60

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 81

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 87

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 89

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 96

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 4

Item C.1. Background information.

a. Full Name of the Fund	Transportation Fund
b. Series identication number, if any	S000003800
c. LEI	549300WCHZXLJF6EZG14
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010586
iii. Ticker symbol, if any	RYPIX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010588
iii. Ticker symbol, if any	RYTSX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010589
iii. Ticker symbol, if any	RYCNX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010587
iii. Ticker symbol, if any	RYPAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	619,254.03000000
g. Provide the net income from securities lending activities	6,643.11000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	18,739.61000000
Brokers Record: 2
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	26.52000000
Brokers Record: 3
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,221.90000000
Brokers Record: 4
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,055.76000000
Brokers Record: 5
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	252.08000000
Brokers Record: 6
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	883.70000000
Brokers Record: 7
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,450.52000000
Brokers Record: 8
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	242.03000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	33,872.12000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	8,469,606.49000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	6,034,407.94000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	19,255,094.15000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

33,759,108.58000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	26,191,031.20250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 21

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 64

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 75

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 80

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 81

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 5

Item C.1. Background information.

a. Full Name of the Fund	Inverse High Yield Strategy Fund
b. Series identication number, if any	S000015882
c. LEI	SCQPAL0SXRZDT2DWGE91
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000043619
iii. Ticker symbol, if any	RYIYX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000043620
iii. Ticker symbol, if any	RYIHX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000043618
iii. Ticker symbol, if any	RYILX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	8,838.78000000
Brokers Record: 2
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,045.92000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	11,884.70000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	17,998,115.27000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	625,652,720.39000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	274,095,957.83000000
Principal Transactions Record: 4
i. Full name of dealer	INTL FCSTONE FINANCIAL INC.
ii. SEC file number	8-51269
iii. CRD number	000045993
iv. LEI, if any	549300LNKU6K5TJCRG93
v. State, if applicable	FLORIDA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	250,743.62000000
Principal Transactions Record: 5
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	10,998,933.89000000
Principal Transactions Record: 6
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,604,765.56000000
Principal Transactions Record: 7
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	192,277,393.06000000
Principal Transactions Record: 8
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,197,731.66000000
Principal Transactions Record: 9
i. Full name of dealer	DAIWA CAPITAL MARKETS AMERICA INC.
ii. SEC file number	8-12242
iii. CRD number	000001576
iv. LEI, if any	M67H5PRC0NQKM73ZAS82
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	250,000.00000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

1,125,326,361.28000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	6,817,508.30916600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 5

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 23

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 59

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 74

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 79

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 92

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 95

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 6

Item C.1. Background information.

a. Full Name of the Fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
b. Series identication number, if any	S000047391
c. LEI	549300J4VS1JKGRG9J54
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000148763
iii. Ticker symbol, if any	RMQAX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000148762
iii. Ticker symbol, if any	RMQHX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000148764
iii. Ticker symbol, if any	RMQCX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: 0.06982800  2. After Fund fees and expenses (i.e., net asset value): 0.05356400  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.03672400  2. After Fund fees and expenses (i.e., net asset value): 0.03676800   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	301,271.29000000
g. Provide the net income from securities lending activities	4,406.42000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12,267.71000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	71.25000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,812.00000000
Brokers Record: 4
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,946.21000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	8,003.19000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	35,100.36000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	571,819,043.06000000
Principal Transactions Record: 2
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	8,927,060.11000000
Principal Transactions Record: 3
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	686,083,717.62000000
Principal Transactions Record: 4
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	32,981,181.94000000
Principal Transactions Record: 5
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,205,954,269.33000000
Principal Transactions Record: 6
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,973,492.50000000
Principal Transactions Record: 7
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	11,993,684.00000000
Principal Transactions Record: 8
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	13,067,354.41000000
Principal Transactions Record: 9
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,191,429,715.20000000
Principal Transactions Record: 10
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,810,510,875.58000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

6,542,101,146.32000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	91,084,857.43250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 67

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 77

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 79

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 90

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 94

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 7

Item C.1. Background information.

a. Full Name of the Fund	Biotechnology Fund
b. Series identication number, if any	S000003802
c. LEI	549300YENG103R306541
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010596
iii. Ticker symbol, if any	RYBOX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010595
iii. Ticker symbol, if any	RYOAX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010594
iii. Ticker symbol, if any	RYOIX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010597
iii. Ticker symbol, if any	RYCFX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	7,019,844.52000000
g. Provide the net income from securities lending activities	47,110.57000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	46,580.23000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	68.87000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	8,172.78000000
Brokers Record: 4
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12,002.17000000
Brokers Record: 5
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,745.47000000
Brokers Record: 6
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	33,441.19000000
Brokers Record: 7
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,213.98000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	113,224.69000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	158,822,314.09000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	49,034,962.85000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	65,648,667.42000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

273,505,944.36000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	260,400,463.94666600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 21

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 57

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 85

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 95

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 97

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 102

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 104

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 8

Item C.1. Background information.

a. Full Name of the Fund	Inverse Mid-Cap Strategy Fund
b. Series identication number, if any	S000003771
c. LEI	54930037B8QM4B0GQX38
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010456
iii. Ticker symbol, if any	RYCLX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010455
iii. Ticker symbol, if any	RYAGX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010454
iii. Ticker symbol, if any	RYMHX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.02908300  2. After Fund fees and expenses (i.e., net asset value): -0.04635500  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00383400  2. After Fund fees and expenses (i.e., net asset value): 0.00366500   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	45.66000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	45.66000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	249,514.76000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	41,166,827.47000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	93,657,807.92000000
Principal Transactions Record: 4
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	99,522.00000000
Principal Transactions Record: 5
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	28,799,500.98000000
Principal Transactions Record: 6
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	23,368,898.58000000
Principal Transactions Record: 7
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	36,679,608.62000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

224,021,680.33000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	1,105,412.58833300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 4

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 6

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 32

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 56

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 57

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 63

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 92

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 108

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 9

Item C.1. Background information.

a. Full Name of the Fund	Government Long Bond 1.2x Strategy Fund
b. Series identication number, if any	S000003684
c. LEI	549300LDVIAAU00XRD49
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010309
iii. Ticker symbol, if any	RYABX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010307
iii. Ticker symbol, if any	RYGBX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010310
iii. Ticker symbol, if any	RYCGX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000149021
iii. Ticker symbol, if any	RYHBX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	16,181.75000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	16,181.75000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	27,997,577.78000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,978,823.65000000
Principal Transactions Record: 3
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,999,080.00000000
Principal Transactions Record: 4
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	552,871,274.87000000
Principal Transactions Record: 5
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	94,690,399.50000000
Principal Transactions Record: 6
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	19,998,983.33000000
Principal Transactions Record: 7
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,481,195,821.52000000
Principal Transactions Record: 8
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,124,949,863.99000000
Principal Transactions Record: 9
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,726,055,654.00000000
Principal Transactions Record: 10
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	18,998,875.83000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

6,071,736,354.47000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	129,903,395.62166600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 52

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 89

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 10

Item C.1. Background information.

a. Full Name of the Fund	S&P 500 Pure Growth Fund
b. Series identication number, if any	S000003689
c. LEI	549300TFPQCTQW8FX819
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010324
iii. Ticker symbol, if any	RYLGX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010323
iii. Ticker symbol, if any	RYAWX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010325
iii. Ticker symbol, if any	RYGRX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: 0.00098500  2. After Fund fees and expenses (i.e., net asset value): -0.01685800  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00126100  2. After Fund fees and expenses (i.e., net asset value): 0.00138400   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	304,939.32000000
g. Provide the net income from securities lending activities	4,465.78000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,145.64000000
Brokers Record: 2
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	14,294.76000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	104.41000000
Brokers Record: 4
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	470.85000000
Brokers Record: 5
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12,597.50000000
Brokers Record: 6
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,355.06000000
Brokers Record: 7
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,681.64000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	38,649.86000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	97,000,023.39000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	40,983,393.97000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	45,822,541.85000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

183,805,959.21000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	123,794,477.68250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 4

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 11

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 16

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 71

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 76

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 85

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 93

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 11

Item C.1. Background information.

a. Full Name of the Fund	Russell 2000 1.5x Strategy Fund
b. Series identication number, if any	S000003697
c. LEI	5493007KOHKZHLKCRY93
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010353
iii. Ticker symbol, if any	RYAKX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010354
iii. Ticker symbol, if any	RYCMX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010352
iii. Ticker symbol, if any	RYMKX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.01599600  2. After Fund fees and expenses (i.e., net asset value): -0.03406700  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00324300  2. After Fund fees and expenses (i.e., net asset value): 0.00329800   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	42,723.53000000
g. Provide the net income from securities lending activities	1,178.18000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	0.24000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,420.34000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	0.33000000
Brokers Record: 4
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1.92000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,156.18000000
Brokers Record: 6
i. Full name of broker	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	547.55000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	11,126.56000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	515,616,474.68000000
Principal Transactions Record: 2
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	12,999,230.83000000
Principal Transactions Record: 3
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	22,867,509.23000000
Principal Transactions Record: 4
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	896,686,330.26000000
Principal Transactions Record: 5
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	34,997,938.89000000
Principal Transactions Record: 6
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	857,008,888.24000000
Principal Transactions Record: 7
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	268,738,350.71000000
Principal Transactions Record: 8
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	124,170,526.40000000
Principal Transactions Record: 9
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	176,979,413.04000000
Principal Transactions Record: 10
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	37,996,286.11000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

2,950,290,037.24000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	24,424,626.46500000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 74

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 80

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 85

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 12

Item C.1. Background information.

a. Full Name of the Fund	S&P MidCap 400 Pure Growth Fund
b. Series identication number, if any	S000003770
c. LEI	549300JDRRKVOEKI6K18
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010453
iii. Ticker symbol, if any	RYCKX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010452
iii. Ticker symbol, if any	RYMGX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010451
iii. Ticker symbol, if any	RYBHX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00027400  2. After Fund fees and expenses (i.e., net asset value): -0.01681200  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00126200  2. After Fund fees and expenses (i.e., net asset value): 0.00141500   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,823,846.76000000
g. Provide the net income from securities lending activities	3,440.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	217.45000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	29,272.88000000
Brokers Record: 3
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	16,054.84000000
Brokers Record: 4
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,687.31000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,365.36000000
Brokers Record: 6
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,284.76000000
Brokers Record: 7
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,046.06000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	60,928.66000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	26,334,127.50000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	53,011,655.68000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	62,379,180.83000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

141,724,964.01000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	84,094,172.21250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 75

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 83

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 90

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 97

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 99

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 13

Item C.1. Background information.

a. Full Name of the Fund	Strengthening Dollar 2x Strategy Fund
b. Series identication number, if any	S000003775
c. LEI	549300IEMKZIOF5OOY94
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010468
iii. Ticker symbol, if any	RYSJX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010467
iii. Ticker symbol, if any	RYSDX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010466
iii. Ticker symbol, if any	RYSBX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: 0.15069300  2. After Fund fees and expenses (i.e., net asset value): 0.12775800  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.02316700  2. After Fund fees and expenses (i.e., net asset value): 0.02319400   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	15,427.54000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	15,427.54000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	Morgan Stanley & Co. LLC
ii. SEC file number	8-15869
iii. CRD number	000008209
iv. LEI, if any	9R7GPTSO7KV3UQJZQ078
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,998,683.33000000
Principal Transactions Record: 2
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	4,999,430.56000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,273,881,320.26000000
Principal Transactions Record: 4
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	16,974,502.22000000
Principal Transactions Record: 5
i. Full name of dealer	BNY MELLON CAPITAL MARKETS, LLC
ii. SEC file number	8-35255
iii. CRD number	000017454
iv. LEI, if any	VJW2DOOHGDT6PR0ZRO63
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,298,712.50000000
Principal Transactions Record: 6
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	397,594,213.52000000
Principal Transactions Record: 7
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	37,291,556.92000000
Principal Transactions Record: 8
i. Full name of dealer	INTL FCSTONE FINANCIAL INC.
ii. SEC file number	8-51269
iii. CRD number	000045993
iv. LEI, if any	549300LNKU6K5TJCRG93
v. State, if applicable	FLORIDA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,002,974.49000000
Principal Transactions Record: 9
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	999,908.00000000
Principal Transactions Record: 10
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	582,384,253.59000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

2,330,925,555.39000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	15,104,558.58500000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 9

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 10

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 23

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 28

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 35

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 57

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 64

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 67

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 79

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 103

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 14

Item C.1. Background information.

a. Full Name of the Fund	Health Care Fund
b. Series identication number, if any	S000003808
c. LEI	549300Z2HV3IEO9VWZ52
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010618
iii. Ticker symbol, if any	RYHIX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010620
iii. Ticker symbol, if any	RYHEX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010621
iii. Ticker symbol, if any	RYHCX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010619
iii. Ticker symbol, if any	RYHAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	995,706.04000000
g. Provide the net income from securities lending activities	33,330.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,767.03000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	19,366.92000000
Brokers Record: 3
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,180.62000000
Brokers Record: 4
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	35,389.65000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,741.22000000
Brokers Record: 6
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	210.14000000
Brokers Record: 7
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,094.00000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	74,749.58000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	71,446,586.79000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	29,538,137.78000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	21,926,200.04000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

122,910,924.61000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	88,537,440.96000000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 5

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 61

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 72

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 76

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 82

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 83

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 105

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 15

Item C.1. Background information.

a. Full Name of the Fund	Inverse NASDAQ-100 Strategy Fund
b. Series identication number, if any	S000003694
c. LEI	5493001NDQKSZDPMJP48
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010345
iii. Ticker symbol, if any	RYACX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010344
iii. Ticker symbol, if any	RYAPX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010342
iii. Ticker symbol, if any	RYAIX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000149026
iii. Ticker symbol, if any	RYALX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.25233400  2. After Fund fees and expenses (i.e., net asset value): -0.26675600  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00225500  2. After Fund fees and expenses (i.e., net asset value): 0.00196100   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	351.66000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	351.66000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	507,232,981.86000000
Principal Transactions Record: 2
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	212,445,515.28000000
Principal Transactions Record: 3
i. Full name of dealer	INTL FCSTONE FINANCIAL INC.
ii. SEC file number	8-51269
iii. CRD number	000045993
iv. LEI, if any	549300LNKU6K5TJCRG93
v. State, if applicable	FLORIDA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,002,974.49000000
Principal Transactions Record: 4
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	41,375,113.87000000
Principal Transactions Record: 5
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,990,824.17000000
Principal Transactions Record: 6
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	187,443,454.44000000
Principal Transactions Record: 7
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	586,894,581.45000000
Principal Transactions Record: 8
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	39,976,812.51000000
Principal Transactions Record: 9
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,058,735,109.14000000
Principal Transactions Record: 10
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	325,852,908.03000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

2,972,700,125.54000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	16,060,257.10083300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 60

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 63

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 67

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 73

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 76

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 101

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 16

Item C.1. Background information.

a. Full Name of the Fund	Nova Fund
b. Series identication number, if any	S000003691
c. LEI	549300RGN4H1V6HLG643
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010332
iii. Ticker symbol, if any	RYANX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000149023
iii. Ticker symbol, if any	RYNHX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010333
iii. Ticker symbol, if any	RYNCX
Shares Outstanding Record: 4
i. Full name of Class	Investor
ii. Class identification number, if any	C000010330
iii. Ticker symbol, if any	RYNVX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: 0.02360600  2. After Fund fees and expenses (i.e., net asset value): 0.00786700  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00197200  2. After Fund fees and expenses (i.e., net asset value): 0.00209000   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	659,760.17000000
g. Provide the net income from securities lending activities	8,745.56000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	61,073.91000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	285,678.98000000
Brokers Record: 3
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	68,754.98000000
Brokers Record: 4
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	0.99000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	37,622.08000000
Brokers Record: 6
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12,874.09000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	466,005.03000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	457,751,227.68000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,088,252,127.67000000
Principal Transactions Record: 3
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	262,903,074.15000000
Principal Transactions Record: 4
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	309,964,527.80000000
Principal Transactions Record: 5
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,958,656,863.21000000
Principal Transactions Record: 6
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	106,776,898.64000000
Principal Transactions Record: 7
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,683,967,987.71000000
Principal Transactions Record: 8
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	140,973,882.63000000
Principal Transactions Record: 9
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,189,604,090.28000000
Principal Transactions Record: 10
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,289,358,500.34000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

20,636,991,244.65000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	334,052,769.99166600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 10

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 50

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 83

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 89

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 102

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 17

Item C.1. Background information.

a. Full Name of the Fund	Consumer Products Fund
b. Series identication number, if any	S000003811
c. LEI	549300LM3MYPTR24ET11
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010632
iii. Ticker symbol, if any	RYPDX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010630
iii. Ticker symbol, if any	RYCIX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010633
iii. Ticker symbol, if any	RYCPX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010631
iii. Ticker symbol, if any	RYCAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	5,312,773.49000000
g. Provide the net income from securities lending activities	31,347.75000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,047.81000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	693.21000000
Brokers Record: 3
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	14,057.22000000
Brokers Record: 4
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	18,965.61000000
Brokers Record: 5
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,115.85000000
Brokers Record: 6
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	28,122.89000000
Brokers Record: 7
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,309.43000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	65,312.02000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	37,614,673.72000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	27,860,825.56000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	91,037,698.96000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

156,513,198.24000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	166,901,270.20333300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 67

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 72

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 95

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 105

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 18

Item C.1. Background information.

a. Full Name of the Fund	Internet Fund
b. Series identication number, if any	S000003804
c. LEI	549300F6YDL8OMTD9895
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000010603
iii. Ticker symbol, if any	RYIAX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010604
iii. Ticker symbol, if any	RYINX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010602
iii. Ticker symbol, if any	RYIIX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010605
iii. Ticker symbol, if any	RYICX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	2,379,252.04000000
g. Provide the net income from securities lending activities	53,484.40000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	24,371.78000000
Brokers Record: 2
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	7,287.50000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	321.58000000
Brokers Record: 4
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	24,477.16000000
Brokers Record: 5
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,569.99000000
Brokers Record: 6
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,611.10000000
Brokers Record: 7
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	581.16000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	69,220.27000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	16,616,762.87000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	52,092,751.92000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	22,958,102.62000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

91,667,617.41000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	59,859,209.38000000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 55

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 62

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 64

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 76

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 95

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 103

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 105

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 19

Item C.1. Background information.

a. Full Name of the Fund	Utilities Fund
b. Series identication number, if any	S000003805
c. LEI	549300MX9ND6Q3VX8378
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010608
iii. Ticker symbol, if any	RYUTX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010606
iii. Ticker symbol, if any	RYUIX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010607
iii. Ticker symbol, if any	RYAUX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010609
iii. Ticker symbol, if any	RYCUX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	174,268.21000000
g. Provide the net income from securities lending activities	189.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,566.06000000
Brokers Record: 2
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	227.50000000
Brokers Record: 3
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	6,049.55000000
Brokers Record: 4
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,504.41000000
Brokers Record: 5
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,557.43000000
Brokers Record: 6
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	37,537.76000000
Brokers Record: 7
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	43,120.08000000
Brokers Record: 8
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	21,321.64000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	124,884.43000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	15,390,287.72000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	11,817,497.13000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	40,324,558.06000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

67,532,342.91000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	63,036,419.57416600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 13

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 30

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 47

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 64

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 84

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 101

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 103

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 108

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 20

Item C.1. Background information.

a. Full Name of the Fund	Real Estate Fund
b. Series identication number, if any	S000003773
c. LEI	549300IJUMVSC7CD5507
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000010460
iii. Ticker symbol, if any	RYHRX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010462
iii. Ticker symbol, if any	RYCRX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010461
iii. Ticker symbol, if any	RYREX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	318,332.48000000
g. Provide the net income from securities lending activities	3,193.13000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	502.43000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,744.65000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	59,820.89000000
Brokers Record: 4
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,151.93000000
Brokers Record: 5
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,285.00000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	14,206.62000000
Brokers Record: 7
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	31,462.50000000
Brokers Record: 8
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,319.03000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	122,493.05000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	10,459,585.28000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	23,168,310.94000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	7,215,872.95000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

40,843,769.17000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	29,846,156.77666600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 15

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 17

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 23

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 47

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 74

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 85

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 92

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 96

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 99

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 103

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 108

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 21

Item C.1. Background information.

a. Full Name of the Fund	Energy Fund
b. Series identication number, if any	S000003806
c. LEI	5493009JTKG0O3B0IE75
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000010611
iii. Ticker symbol, if any	RYEAX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010610
iii. Ticker symbol, if any	RYEIX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010612
iii. Ticker symbol, if any	RYENX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010613
iii. Ticker symbol, if any	RYECX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	678,637.03000000
g. Provide the net income from securities lending activities	5,283.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	14,162.94000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	39,635.80000000
Brokers Record: 3
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,647.43000000
Brokers Record: 4
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,699.43000000
Brokers Record: 5
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	88.47000000
Brokers Record: 6
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,131.65000000
Brokers Record: 7
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	25,841.30000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	96,207.02000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	30,750,361.16000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	13,812,740.92000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,733,928.50000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

54,297,030.58000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	37,956,941.82250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 67

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 77

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 22

Item C.1. Background information.

a. Full Name of the Fund	Inverse Government Long Bond Strategy Fund
b. Series identication number, if any	S000003690
c. LEI	549300MEBX6MJKGCC831
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010326
iii. Ticker symbol, if any	RYJUX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010328
iii. Ticker symbol, if any	RYAQX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010329
iii. Ticker symbol, if any	RYJCX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000149022
iii. Ticker symbol, if any	RYHJX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,773.77000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	3,773.77000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	23,408,082.21000000
Principal Transactions Record: 2
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	61,953,288.14000000
Principal Transactions Record: 3
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,943,426.55000000
Principal Transactions Record: 4
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	10,809,920,308.56999900
Principal Transactions Record: 5
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	462,243,518.38000000
Principal Transactions Record: 6
i. Full name of dealer	BNY MELLON CAPITAL MARKETS, LLC
ii. SEC file number	8-35255
iii. CRD number	000017454
iv. LEI, if any	VJW2DOOHGDT6PR0ZRO63
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	25,945,432.03000000
Principal Transactions Record: 7
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,463,613,966.95000000
Principal Transactions Record: 8
i. Full name of dealer	INTL FCSTONE FINANCIAL INC.
ii. SEC file number	8-51269
iii. CRD number	000045993
iv. LEI, if any	549300LNKU6K5TJCRG93
v. State, if applicable	FLORIDA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	10,012,556.86000000
Principal Transactions Record: 9
i. Full name of dealer	Morgan Stanley & Co. LLC
ii. SEC file number	8-15869
iii. CRD number	000008209
iv. LEI, if any	9R7GPTSO7KV3UQJZQ078
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	23,153,555.67000000
Principal Transactions Record: 10
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	10,207,499,303.24000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

23,128,980,236.20999900

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	94,482,291.17250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 49

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 86

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 102

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 23

Item C.1. Background information.

a. Full Name of the Fund	NASDAQ-100 Fund
b. Series identication number, if any	S000003693
c. LEI	549300H90B18Q2ZKMZ39
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000149025
iii. Ticker symbol, if any	RYHOX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010340
iii. Ticker symbol, if any	RYATX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010338
iii. Ticker symbol, if any	RYOCX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010341
iii. Ticker symbol, if any	RYCOX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00041200  2. After Fund fees and expenses (i.e., net asset value): -0.01684000  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00152700  2. After Fund fees and expenses (i.e., net asset value): 0.00158400   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	7,805,116.61000000
g. Provide the net income from securities lending activities	101,196.26000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,067.34000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,526.72000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11.05000000
Brokers Record: 4
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,413.69000000
Brokers Record: 5
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,730.49000000
Brokers Record: 6
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	16,953.15000000
Brokers Record: 7
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	15,728.23000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	54,430.67000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	121,987,633.33000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,523,634,515.87000000
Principal Transactions Record: 3
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	64,989,441.67000000
Principal Transactions Record: 4
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,542,751,902.49000000
Principal Transactions Record: 5
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	441,655,923.30000000
Principal Transactions Record: 6
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	238,043,128.86000000
Principal Transactions Record: 7
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	170,472,227.20000000
Principal Transactions Record: 8
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	68,166,350.44000000
Principal Transactions Record: 9
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,141,534,170.39000000
Principal Transactions Record: 10
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,605,694,966.99000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

12,035,021,947.28000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	1,143,978,043.47833000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 15

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 73

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 84

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 87

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 24

Item C.1. Background information.

a. Full Name of the Fund	Telecommunications Fund
b. Series identication number, if any	S000003799
c. LEI	549300N6G4LRE5IXJH81
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010582
iii. Ticker symbol, if any	RYMIX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010583
iii. Ticker symbol, if any	RYMAX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010585
iii. Ticker symbol, if any	RYCSX
Shares Outstanding Record: 4
i. Full name of Class	Class A
ii. Class identification number, if any	C000010584
iii. Ticker symbol, if any	RYTLX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	178,201.74000000
g. Provide the net income from securities lending activities	6,084.09000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,741.36000000
Brokers Record: 2
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12,262.90000000
Brokers Record: 3
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	29,385.24000000
Brokers Record: 4
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	215.10000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,474.15000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	39.72000000
Brokers Record: 7
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	866.38000000
Brokers Record: 8
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	25,018.27000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	71,003.12000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,571,243.80000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	6,292,341.42000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,863,446.85000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

10,727,032.07000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	7,840,367.30250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 5

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 48

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 59

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 79

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 103

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 25

Item C.1. Background information.

a. Full Name of the Fund	Technology Fund
b. Series identication number, if any	S000003809
c. LEI	549300H11WXTTBTOKY24
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010622
iii. Ticker symbol, if any	RYTIX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010625
iii. Ticker symbol, if any	RYCHX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010624
iii. Ticker symbol, if any	RYTHX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010623
iii. Ticker symbol, if any	RYTAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	2,075,253.76000000
g. Provide the net income from securities lending activities	24,827.11000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,734.70000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	19,083.71000000
Brokers Record: 3
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,355.35000000
Brokers Record: 4
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	227.79000000
Brokers Record: 5
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	47,144.12000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	445.30000000
Brokers Record: 7
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,163.00000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	86,153.97000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	41,797,532.96000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	96,241,502.24000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	30,176,124.54000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

168,215,159.74000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	110,502,801.64250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 48

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 60

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 61

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 66

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 72

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 91

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 26

Item C.1. Background information.

a. Full Name of the Fund	Basic Materials Fund
b. Series identication number, if any	S000003810
c. LEI	549300YPLNQ2043PJL53
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010629
iii. Ticker symbol, if any	RYBCX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010626
iii. Ticker symbol, if any	RYBIX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010627
iii. Ticker symbol, if any	RYBAX
Shares Outstanding Record: 4
i. Full name of Class	Class A
ii. Class identification number, if any	C000010628
iii. Ticker symbol, if any	RYBMX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,087,239.99000000
g. Provide the net income from securities lending activities	10,746.82000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	170.51000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12,974.51000000
Brokers Record: 3
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,913.05000000
Brokers Record: 4
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	14,924.30000000
Brokers Record: 5
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,084.94000000
Brokers Record: 6
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,435.86000000
Brokers Record: 7
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	18,026.59000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	52,529.76000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	13,830,940.57000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	19,007,013.83000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	45,076,480.91000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

77,914,435.31000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	41,714,612.55416600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 51

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 58

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 66

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 81

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 95

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 27

Item C.1. Background information.

a. Full Name of the Fund	Japan 2x Strategy Fund
b. Series identication number, if any	S000018293
c. LEI	549300TYQ6P1QBF6GR37
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000050428
iii. Ticker symbol, if any	RYJSX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000050429
iii. Ticker symbol, if any	RYJTX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000050430
iii. Ticker symbol, if any	RYJHX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.06643500  2. After Fund fees and expenses (i.e., net asset value): -0.08048300  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.33708300  2. After Fund fees and expenses (i.e., net asset value): 0.33711300   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	28,753.64000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	28,753.64000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,995,981.63000000
Principal Transactions Record: 2
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,099,950.50000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	120,797,177.94000000
Principal Transactions Record: 4
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	276,194,274.80000000
Principal Transactions Record: 5
i. Full name of dealer	DAIWA CAPITAL MARKETS AMERICA INC.
ii. SEC file number	8-12242
iii. CRD number	000001576
iv. LEI, if any	M67H5PRC0NQKM73ZAS82
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	100,000.00000000
Principal Transactions Record: 6
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	3,749,807.29000000
Principal Transactions Record: 7
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	88,052,672.32000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

491,989,864.48000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	4,038,536.02833300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 2

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 5

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 10

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 36

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 37

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 47

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 51

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 75

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 94

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 95

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 104

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 28

Item C.1. Background information.

a. Full Name of the Fund	Dow Jones Industrial Average Fund
b. Series identication number, if any	S000051596
c. LEI	5493007SF2Y5YOUYC080
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000162316
iii. Ticker symbol, if any	RYDHX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000162318
iii. Ticker symbol, if any	RYDKX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000162317
iii. Ticker symbol, if any	RYDAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00151100  2. After Fund fees and expenses (i.e., net asset value): -0.01951000  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00166700  2. After Fund fees and expenses (i.e., net asset value): 0.00174600   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,558.69000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	398.70000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	13,532.17000000
Brokers Record: 4
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	273.78000000
Brokers Record: 5
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	635.75000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	383.40000000
Brokers Record: 7
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,667.23000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	19,449.72000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	638,716,440.63000000
Principal Transactions Record: 2
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	7,098,878.00000000
Principal Transactions Record: 3
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	3,692,938.54000000
Principal Transactions Record: 4
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,240,733.61000000
Principal Transactions Record: 5
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	530,112,211.48000000
Principal Transactions Record: 6
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,018,299,059.09000000
Principal Transactions Record: 7
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	306,365,283.37000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

2,509,525,544.72000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	59,549,197.94416600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 5

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 62

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 69

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 86

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 29

Item C.1. Background information.

a. Full Name of the Fund	High Yield Strategy Fund
b. Series identication number, if any	S000015881
c. LEI	9LP714THWJRO0RW4E321
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000043616
iii. Ticker symbol, if any	RYHHX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000043615
iii. Ticker symbol, if any	RYHDX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000043617
iii. Ticker symbol, if any	RYHGX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	62,627.60000000
Brokers Record: 2
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	55,352.69000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	117,980.29000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	457,184,713.29000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	6,451,134,643.90000000
Principal Transactions Record: 3
i. Full name of dealer	BNY MELLON CAPITAL MARKETS, LLC
ii. SEC file number	8-35255
iii. CRD number	000017454
iv. LEI, if any	VJW2DOOHGDT6PR0ZRO63
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	263,013,725.55000000
Principal Transactions Record: 4
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,190,331,611.75000000
Principal Transactions Record: 5
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	408,460,452.59000000
Principal Transactions Record: 6
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	648,555,996.34000000
Principal Transactions Record: 7
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	429,687,065.59000000
Principal Transactions Record: 8
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	3,903,580,749.48000000
Principal Transactions Record: 9
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	649,165,722.30000000
Principal Transactions Record: 10
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	530,714,463.31000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

16,614,348,493.82000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	184,354,831.46000000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 14

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 34

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 78

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 83

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 86

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 92

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 30

Item C.1. Background information.

a. Full Name of the Fund	Precious Metals Fund
b. Series identication number, if any	S000003798
c. LEI	549300HYX4F1PFGDBK11
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010581
iii. Ticker symbol, if any	RYZCX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010580
iii. Ticker symbol, if any	RYMNX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010578
iii. Ticker symbol, if any	RYPMX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010579
iii. Ticker symbol, if any	RYMPX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	2,434,288.09000000
g. Provide the net income from securities lending activities	21,837.96000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	67,957.37000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,050.08000000
Brokers Record: 3
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	26,002.97000000
Brokers Record: 4
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	835.48000000
Brokers Record: 5
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	147,017.38000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	175,239.38000000
Brokers Record: 7
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	27,063.98000000
Brokers Record: 8
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,731.82000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	450,898.46000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	32,535,417.62000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	24,155,885.98000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	79,013,127.39000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

135,704,430.99000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	47,587,572.45083300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 50

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 91

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 104

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 31

Item C.1. Background information.

a. Full Name of the Fund	Weakening Dollar 2x Strategy Fund
b. Series identication number, if any	S000003761
c. LEI	549300HVQE9YLGG0R688
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010433
iii. Ticker symbol, if any	RYWDX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010434
iii. Ticker symbol, if any	RYWJX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000010432
iii. Ticker symbol, if any	RYWBX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.24338500  2. After Fund fees and expenses (i.e., net asset value): -0.25884000  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.02324200  2. After Fund fees and expenses (i.e., net asset value): 0.02318900   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,957.86000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	4,957.86000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	DAIWA CAPITAL MARKETS AMERICA INC.
ii. SEC file number	8-12242
iii. CRD number	000001576
iv. LEI, if any	M67H5PRC0NQKM73ZAS82
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	250,000.00000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,461,642.47000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	150,486,861.47000000
Principal Transactions Record: 4
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	108,506,254.14000000
Principal Transactions Record: 5
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	349,299,801.87000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

618,004,559.95000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	3,827,195.80083300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 2

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 11

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 53

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 60

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 71

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 74

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 81

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 92

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 93

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 95

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 97

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 99

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 32

Item C.1. Background information.

a. Full Name of the Fund	S&P 500 Fund
b. Series identication number, if any	S000012221
c. LEI	549300B4HPBJ0JTHV043
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000033369
iii. Ticker symbol, if any	RYSYX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000033368
iii. Ticker symbol, if any	RYSOX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000033370
iii. Ticker symbol, if any	RYSPX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00121500  2. After Fund fees and expenses (i.e., net asset value): -0.02002900  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00133100  2. After Fund fees and expenses (i.e., net asset value): 0.00151100   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	407,091.15000000
g. Provide the net income from securities lending activities	4,214.77000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	367.30000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,907.05000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2.36000000
Brokers Record: 4
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,805.18000000
Brokers Record: 5
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,319.86000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	17,401.75000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	26,997,348.61000000
Principal Transactions Record: 2
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	74,418,153.07000000
Principal Transactions Record: 3
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	15,490,203.54000000
Principal Transactions Record: 4
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	37,395,402.86000000
Principal Transactions Record: 5
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,075,554,547.93000000
Principal Transactions Record: 6
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	894,593,889.86000000
Principal Transactions Record: 7
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	84,477,183.05000000
Principal Transactions Record: 8
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,119,551,657.91000000
Principal Transactions Record: 9
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	370,777,213.64000000
Principal Transactions Record: 10
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	655,683,099.78000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

5,369,352,799.43000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	186,083,667.95583300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 2

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 5

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 23

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 59

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 90

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 91

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 92

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 96

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 97

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 99

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 33

Item C.1. Background information.

a. Full Name of the Fund	Emerging Markets Bond Strategy Fund
b. Series identication number, if any	S000041673
c. LEI	5493007HTK1ZMPR37V06
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000129380
iii. Ticker symbol, if any	RYGTX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000129379
iii. Ticker symbol, if any	RYFTX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000129378
iii. Ticker symbol, if any	RYIEX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	449.54000000
Brokers Record: 2
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,584.70000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	2,034.24000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	372,661,584.26000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	30,622,286.75000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	117,609,324.07000000
Principal Transactions Record: 4
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	101,113,510.68000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

622,006,705.76000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	3,268,254.32416600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 52

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 62

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 73

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 96

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 34

Item C.1. Background information.

a. Full Name of the Fund	Inverse Russell 2000 Strategy Fund
b. Series identication number, if any	S000003772
c. LEI	549300BHH0G8TE0M4J77
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010458
iii. Ticker symbol, if any	RYAFX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010457
iii. Ticker symbol, if any	RYSHX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010459
iii. Ticker symbol, if any	RYCQX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.02549600  2. After Fund fees and expenses (i.e., net asset value): -0.04379600  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00391300  2. After Fund fees and expenses (i.e., net asset value): 0.00379400   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,153.57000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	1,153.57000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	450,486,934.67000000
Principal Transactions Record: 2
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	7,493,118.13000000
Principal Transactions Record: 3
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	47,509,897.54000000
Principal Transactions Record: 4
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	352,602,597.59000000
Principal Transactions Record: 5
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	303,363,266.58000000
Principal Transactions Record: 6
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	993,106,673.08000000
Principal Transactions Record: 7
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	298,674.63000000
Principal Transactions Record: 8
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	91,477,184.44000000
Principal Transactions Record: 9
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	13,296,717.64000000
Principal Transactions Record: 10
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	12,711,674.48000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

2,272,346,738.78000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	10,626,015.96666600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 23

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 27

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 34

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 40

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 35

Item C.1. Background information.

a. Full Name of the Fund	Financial Services Fund
b. Series identication number, if any	S000003807
c. LEI	5493003M8ZYZUKN7QN08
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010616
iii. Ticker symbol, if any	RYFNX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010614
iii. Ticker symbol, if any	RYFIX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010617
iii. Ticker symbol, if any	RYFCX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010615
iii. Ticker symbol, if any	RYFAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	36,012.34000000
g. Provide the net income from securities lending activities	705.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	142.44000000
Brokers Record: 2
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,502.08000000
Brokers Record: 3
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	7,253.18000000
Brokers Record: 4
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,162.22000000
Brokers Record: 5
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	25,976.26000000
Brokers Record: 6
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,067.52000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	45,103.70000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	9,946,044.90000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	22,983,877.18000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	7,154,612.54000000
Principal Transactions Record: 4
i. Full name of dealer	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	337.73000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

40,084,872.35000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	30,768,204.25833300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 27

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 36

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 47

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 87

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 107

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 36

Item C.1. Background information.

a. Full Name of the Fund	Inverse S&P 500 Strategy Fund
b. Series identication number, if any	S000003692
c. LEI	54930069SHUJKSI0T360
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Investor
ii. Class identification number, if any	C000010334
iii. Ticker symbol, if any	RYURX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010337
iii. Ticker symbol, if any	RYUCX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000149024
iii. Ticker symbol, if any	RYUHX
Shares Outstanding Record: 4
i. Full name of Class	Class A
ii. Class identification number, if any	C000010336
iii. Ticker symbol, if any	RYARX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.16180100  2. After Fund fees and expenses (i.e., net asset value): -0.17656400  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00221500  2. After Fund fees and expenses (i.e., net asset value): 0.00186400   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,737.55000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	2,737.55000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,235,242,785.40000000
Principal Transactions Record: 2
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	61,849,244.92000000
Principal Transactions Record: 3
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	34,469,643.33000000
Principal Transactions Record: 4
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	822,048,408.78000000
Principal Transactions Record: 5
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,189,927,901.79000000
Principal Transactions Record: 6
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	896,998,184.97000000
Principal Transactions Record: 7
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	2,841,172,118.95000000
Principal Transactions Record: 8
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	104,352,974.46000000
Principal Transactions Record: 9
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	398,473,829.51000000
Principal Transactions Record: 10
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	86,147,784.56000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

7,710,042,614.49000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	69,987,944.91083300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 30

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 35

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 69

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 71

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 97

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 37

Item C.1. Background information.

a. Full Name of the Fund	Mid-Cap 1.5x Strategy Fund
b. Series identication number, if any	S000003685
c. LEI	549300U40J1CHXDB9K79
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010312
iii. Ticker symbol, if any	RYAHX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010311
iii. Ticker symbol, if any	RYMDX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010313
iii. Ticker symbol, if any	RYDCX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00996500  2. After Fund fees and expenses (i.e., net asset value): -0.02907600  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00322400  2. After Fund fees and expenses (i.e., net asset value): 0.00322000   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	360,659.29000000
g. Provide the net income from securities lending activities	1,307.18000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	0.04000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,964.55000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	34,052.88000000
Brokers Record: 4
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	19,911.67000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,722.81000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,117.80000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	70,769.75000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	35,423,792.25000000
Principal Transactions Record: 2
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	44,994,109.72000000
Principal Transactions Record: 3
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	67,775,808.28000000
Principal Transactions Record: 4
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	38,541,160.28000000
Principal Transactions Record: 5
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,997,437.50000000
Principal Transactions Record: 6
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,324,427,003.30000000
Principal Transactions Record: 7
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	866,824,661.44000000
Principal Transactions Record: 8
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	400,793,122.06000000
Principal Transactions Record: 9
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,344,274,257.62000000
Principal Transactions Record: 10
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	49,997,055.56000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

4,188,844,873.68000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	71,737,596.93250000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 62

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 92

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 102

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 38

Item C.1. Background information.

a. Full Name of the Fund	Russell 2000 Fund
b. Series identication number, if any	S000012222
c. LEI	549300LUD3TXC44YIW26
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000033371
iii. Ticker symbol, if any	RYRRX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000033372
iii. Ticker symbol, if any	RYROX
Shares Outstanding Record: 3
i. Full name of Class	Class H
ii. Class identification number, if any	C000033373
iii. Ticker symbol, if any	RYRHX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00007000  2. After Fund fees and expenses (i.e., net asset value): -0.01808800  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00157000  2. After Fund fees and expenses (i.e., net asset value): 0.00164600   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,942,610.82000000
g. Provide the net income from securities lending activities	15,896.54000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	8.32000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,765.32000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3.45000000
Brokers Record: 4
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	27.11000000
Brokers Record: 5
i. Full name of broker	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,877.31000000
Brokers Record: 6
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,762.02000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	12,443.53000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	TD SECURITIES (USA) LLC
ii. SEC file number	8-36747
iii. CRD number	000018476
iv. LEI, if any	SUVUFHICNZMP2WKHG940
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	4,000,000.00000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	757,404,475.35000000
Principal Transactions Record: 3
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	18,998,944.44000000
Principal Transactions Record: 4
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	1,510,839,513.94000000
Principal Transactions Record: 5
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	77,824,261.92000000
Principal Transactions Record: 6
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	853,054,659.27000000
Principal Transactions Record: 7
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	6,682,943.25000000
Principal Transactions Record: 8
i. Full name of dealer	INTL FCSTONE FINANCIAL INC.
ii. SEC file number	8-51269
iii. CRD number	000045993
iv. LEI, if any	549300LNKU6K5TJCRG93
v. State, if applicable	FLORIDA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,014,872.45000000
Principal Transactions Record: 9
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	481,060,217.53
Principal Transactions Record: 10
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,934,956.27000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

3,729,814,844.42000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	51,736,932.63666600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 6

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 28

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 56

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 57

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 66

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 67

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 69

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 70

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 83

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 101

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 107

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 108

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 39

Item C.1. Background information.

a. Full Name of the Fund	Emerging Markets 2x Strategy Fund
b. Series identication number, if any	S000018291
c. LEI	549300H4ZUX6MBXRD994
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000050424
iii. Ticker symbol, if any	RYWVX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000050423
iii. Ticker symbol, if any	RYWUX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000050422
iii. Ticker symbol, if any	RYWTX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.11612599  2. After Fund fees and expenses (i.e., net asset value): -0.13194300  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00475100  2. After Fund fees and expenses (i.e., net asset value): 0.00483200   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	61,762.25000000
g. Provide the net income from securities lending activities	320.78000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	27,235.70000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	521.92000000
Brokers Record: 3
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,362.80000000
Brokers Record: 4
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	259.18000000
Brokers Record: 5
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,946.24000000
Brokers Record: 6
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	84.07000000
Brokers Record: 7
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	45,262.29000000
Brokers Record: 8
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	17,961.46000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	98,633.66000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BNP Paribas S.A.
ii. SEC file number	N/A
iii. CRD number	N/A
iv. LEI, if any	R0MUWSFPU8MPRO8K5P83
v. State, if applicable
vi. Foreign country, if applicable	FRANCE
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	220,322,424.02000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	999,792,474.14000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	459,291,494.64000000
Principal Transactions Record: 4
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	188,325,618.24000000
Principal Transactions Record: 5
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	140,829,177.96000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

2,008,561,189.00000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	11,697,297.36166600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 3

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 4

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 29

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 51

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 79

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 84

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 40

Item C.1. Background information.

a. Full Name of the Fund	S&P SmallCap 600 Pure Growth Fund
b. Series identication number, if any	S000003768
c. LEI	549300CQEU1JTOSDXE65
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010446
iii. Ticker symbol, if any	RYSGX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010445
iii. Ticker symbol, if any	RYWAX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010447
iii. Ticker symbol, if any	RYWCX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00301400  2. After Fund fees and expenses (i.e., net asset value): -0.01968400  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00136100  2. After Fund fees and expenses (i.e., net asset value): 0.00142100   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	949,971.84000000
g. Provide the net income from securities lending activities	30,726.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,454.74000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	34.62000000
Brokers Record: 3
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	18,667.10000000
Brokers Record: 4
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	84.65000000
Brokers Record: 5
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,805.23000000
Brokers Record: 6
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	14,273.96000000
Brokers Record: 7
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,063.29000000
Brokers Record: 8
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	13,229.36000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	72,612.95000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	13,895,954.91000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	26,406,826.92000000
Principal Transactions Record: 3
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	11,805,941.55000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

52,108,723.38000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	30,927,913.97750000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 20

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 41

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 65

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 74

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 77

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 83

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 85

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 41

Item C.1. Background information.

a. Full Name of the Fund	S&P 500 Pure Value Fund
b. Series identication number, if any	S000003688
c. LEI	549300N1SWF7NBSBSH83
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010321
iii. Ticker symbol, if any	RYLVX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010320
iii. Ticker symbol, if any	RYZAX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010322
iii. Ticker symbol, if any	RYVVX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00032000  2. After Fund fees and expenses (i.e., net asset value): -0.01694000  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00125700  2. After Fund fees and expenses (i.e., net asset value): 0.00142400   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	404,097.48000000
g. Provide the net income from securities lending activities	693.83000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,047.27000000
Brokers Record: 2
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	193.88000000
Brokers Record: 3
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,733.06000000
Brokers Record: 4
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	15,320.22000000
Brokers Record: 5
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,847.22000000
Brokers Record: 6
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	6,636.04000000
Brokers Record: 7
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	19,860.35000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	56,638.04000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	22,393,874.89000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	51,351,238.35000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	24,011,000.54000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

97,756,113.78000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	72,296,477.74583300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 5

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 70

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 72

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 74

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 82

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 88

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 89

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 100

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 42

Item C.1. Background information.

a. Full Name of the Fund	Banking Fund
b. Series identication number, if any	S000003683
c. LEI	549300JGYZB0E0PR6F56
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010305
iii. Ticker symbol, if any	RYBKX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010304
iii. Ticker symbol, if any	RYKAX
Shares Outstanding Record: 3
i. Full name of Class	Class C
ii. Class identification number, if any	C000010306
iii. Ticker symbol, if any	RYKCX
Shares Outstanding Record: 4
i. Full name of Class	Investor
ii. Class identification number, if any	C000010303
iii. Ticker symbol, if any	RYKIX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	205,085.74000000
g. Provide the net income from securities lending activities	818.18000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	8,431.96000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	52,552.83000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,739.10000000
Brokers Record: 4
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,980.79000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	699.17000000
Brokers Record: 6
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,227.90000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	76,631.75000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,883,951.05000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	4,541,217.52000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,635,583.74000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

25,060,752.31000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	22,847,389.99000000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 2

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 14

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 23

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 31

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 44

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 48

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 58

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 60

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 64

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 108

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 43

Item C.1. Background information.

a. Full Name of the Fund	U.S. Government Money Market Fund
b. Series identication number, if any	S000003657
c. LEI	549300T3SI4DAY1G2P25
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	1
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class MM
ii. Class identification number, if any	C000113321
iii. Ticker symbol, if any	RYFXX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	N/A
g. Provide the net income from securities lending activities	N/A

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

i. Full name of broker
ii. SEC file number
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Gross commissions paid by the Fund for the reporting period

b. Aggregate brokerage commissions paid by Fund during the reporting period:	0.00000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	7,374,118,486.60000000
Principal Transactions Record: 2
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,835,695,280.48999900
Principal Transactions Record: 3
i. Full name of dealer	JEFFERIES LLC
ii. SEC file number	8-15074
iii. CRD number	000002347
iv. LEI, if any	58PU97L1C0WSRCWADL48
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	609,332,989.94000000
Principal Transactions Record: 4
i. Full name of dealer	BNY MELLON CAPITAL MARKETS, LLC
ii. SEC file number	8-35255
iii. CRD number	000017454
iv. LEI, if any	VJW2DOOHGDT6PR0ZRO63
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	410,655,056.36000000
Principal Transactions Record: 5
i. Full name of dealer	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	392,148,842.43000000
Principal Transactions Record: 6
i. Full name of dealer	CastleOak Securities, LP
ii. SEC file number	8-65786
iii. CRD number	000125334
iv. LEI, if any	549300MXL7C60HZ59S65
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	231,299,746.08000000
Principal Transactions Record: 7
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	639,379,409.91000000
Principal Transactions Record: 8
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,015,891,982.34000000
Principal Transactions Record: 9
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	560,580,983.81000000
Principal Transactions Record: 10
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	805,751,079.04000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

31,177,616,179.07999900

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	0.00000000
b. Provide the money market fund's daily average net assets during the reporting period	487,712,208.21383500

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 52

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 71

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 83

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 85

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 87

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 104

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Management Investment Record: 44

Item C.1. Background information.

a. Full Name of the Fund	Electronics Fund
b. Series identication number, if any	S000003803
c. LEI	549300D3C8OUGF0S3D85
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class A
ii. Class identification number, if any	C000010600
iii. Ticker symbol, if any	RYELX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010599
iii. Ticker symbol, if any	RYSAX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010598
iii. Ticker symbol, if any	RYSIX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010601
iii. Ticker symbol, if any	RYSCX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,006,669.41000000
g. Provide the net income from securities lending activities	32,308.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	34,303.00000000
Brokers Record: 2
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	77.16000000
Brokers Record: 3
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	16,754.42000000
Brokers Record: 4
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	68.20000000
Brokers Record: 5
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,485.98000000
Brokers Record: 6
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	47.33000000
Brokers Record: 7
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,935.44000000
Brokers Record: 8
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,170.70000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	73,842.23000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	19,480,603.01000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	7,628,247.61000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	6,002,577.29000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

33,111,427.91000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	26,012,585.68583300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 10

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 13

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 17

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 29

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 49

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 50

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 52

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 54

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 58

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 59

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 69

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 80

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 81

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 86

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 96

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 102

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 103

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 45

Item C.1. Background information.

a. Full Name of the Fund	Energy Services Fund
b. Series identication number, if any	S000003801
c. LEI	549300D57O5QYF1NS042
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000010591
iii. Ticker symbol, if any	RYVAX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010593
iii. Ticker symbol, if any	RYVCX
Shares Outstanding Record: 3
i. Full name of Class	Investor
ii. Class identification number, if any	C000010590
iii. Ticker symbol, if any	RYVIX
Shares Outstanding Record: 4
i. Full name of Class	Class A
ii. Class identification number, if any	C000010592
iii. Ticker symbol, if any	RYESX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,075,879.65000000
g. Provide the net income from securities lending activities	11,131.10000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	44,974.74000000
Brokers Record: 2
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	18,959.07000000
Brokers Record: 3
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	454.12000000
Brokers Record: 4
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	71,473.02000000
Brokers Record: 5
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,760.56000000
Brokers Record: 6
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	25,010.35000000
Brokers Record: 7
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,116.10000000
Brokers Record: 8
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	7,059.09000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	172,807.05000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,335,139.78000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	3,820,961.87000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	12,172,304.61000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

21,328,406.26000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	15,821,219.91666600
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 7

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 9

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 10

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 21

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 24

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 32

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 39

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 50

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 59

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 61

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 78

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 94

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 95

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 100

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 46

Item C.1. Background information.

a. Full Name of the Fund	S&P SmallCap 600 Pure Value Fund
b. Series identication number, if any	S000003760
c. LEI	549300MMYTIE2GTC4P77
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class H
ii. Class identification number, if any	C000010429
iii. Ticker symbol, if any	RYAZX
Shares Outstanding Record: 2
i. Full name of Class	Class C
ii. Class identification number, if any	C000010431
iii. Ticker symbol, if any	RYYCX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010430
iii. Ticker symbol, if any	RYSVX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: -0.00033200  2. After Fund fees and expenses (i.e., net asset value): -0.01629700  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.00277000  2. After Fund fees and expenses (i.e., net asset value): 0.00289900   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	610,947.13000000
g. Provide the net income from securities lending activities	14,373.38000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	596.46000000
Brokers Record: 2
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	13,676.71000000
Brokers Record: 3
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	20,035.19000000
Brokers Record: 4
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	7,713.16000000
Brokers Record: 5
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	5,848.12000000
Brokers Record: 6
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,427.96000000
Brokers Record: 7
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	209.18000000
Brokers Record: 8
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	37,271.54000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	88,778.32000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,929,013.70000000
Principal Transactions Record: 2
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	6,226,861.50000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	13,634,572.50000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

25,790,447.70000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	15,650,585.79333300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 8

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 27

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 35

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 36

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 42

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 43

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 44

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 48

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 54

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 65

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 68

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 69

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 70

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 71

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 83

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 84

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 89

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 90

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 96

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 99

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 106

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 47

Item C.1. Background information.

a. Full Name of the Fund	Europe 1.25x Strategy Fund
b. Series identication number, if any	S000003695
c. LEI	549300JYFUD05SONF364
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	3
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010348
iii. Ticker symbol, if any	RYCEX
Shares Outstanding Record: 2
i. Full name of Class	Class H
ii. Class identification number, if any	C000010346
iii. Ticker symbol, if any	RYEUX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010347
iii. Ticker symbol, if any	RYAEX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund  i. Is the index whose performance the Fund tracks, constructed: 1. By an affiliated person of the fund? Yes No 2. Exclusively for the fund? Yes No ii. Provide the annualized difference between the Fund's total return during the reporting period and the index's return during the reporting period (i.e., the Fund's total return less the index's return): 1. Before Fund fees and expenses: 0.00313700  2. After Fund fees and expenses (i.e., net asset value): -0.01618700  iii. Provide the annualized standard deviation of the daily difference between the Fund's total return and the index's return during the reporting period: 1. Before Fund fees and expenses: 0.12051800  2. After Fund fees and expenses (i.e., net asset value): 0.12057900   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	45,683.45000000
g. Provide the net income from securities lending activities	1,168.00000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No
Pricing Services Record: 2
i. Full name	Bloomberg
ii. LEI, if any, or provide and describe other identifying number	549300B56MD0ZC402L06
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,630.37000000
Brokers Record: 2
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	664.48000000
Brokers Record: 3
i. Full name of broker	Nomura Securities International, Inc.
ii. SEC file number	8-15255
iii. CRD number	000004297
iv. LEI, if any	OXTKY6Q8X53C9ILVV871
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	81.10000000
Brokers Record: 4
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	11,106.38000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	19,402.62000000
Brokers Record: 6
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	1,370.80000000
Brokers Record: 7
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	22,976.59000000
Brokers Record: 8
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,598.37000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	68,830.71000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	57,482,607.23000000
Principal Transactions Record: 2
i. Full name of dealer	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	4,265,472.10000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	182,994,861.95000000
Principal Transactions Record: 4
i. Full name of dealer	MIZUHO SECURITIES USA LLC
ii. SEC file number	8-37710
iii. CRD number	000019647
iv. LEI, if any	7TK5RJIZDFROZCA6XF66
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	3,749,807.29000000
Principal Transactions Record: 5
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	79,229,499.15000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

327,722,247.72000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	5,805,664.49333300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 15

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 21

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 34

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 37

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 40

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 41

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 49

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 53

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 57

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 60

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 63

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 64

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 76

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 79

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 81

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 82

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 91

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 92

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 98

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 101

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 104

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 107

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 108

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 48

Item C.1. Background information.

a. Full Name of the Fund	Long Short Equity Fund
b. Series identication number, if any	S000003686
c. LEI	549300Q9C2CSPOMS1876
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class P
ii. Class identification number, if any	C000010314
iii. Ticker symbol, if any	RYSRX
Shares Outstanding Record: 2
i. Full name of Class	Class A
ii. Class identification number, if any	C000010315
iii. Ticker symbol, if any	RYAMX
Shares Outstanding Record: 3
i. Full name of Class	Institutional
ii. Class identification number, if any	C000106197
iii. Ticker symbol, if any	RYQTX
Shares Outstanding Record: 4
i. Full name of Class	Class C
ii. Class identification number, if any	C000010316
iii. Ticker symbol, if any	RYISX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	59,093.97000000
g. Provide the net income from securities lending activities	1,624.72000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	36.94000000
Brokers Record: 2
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2.47000000
Brokers Record: 3
i. Full name of broker	BMO Capital Markets Corp.
ii. SEC file number	8-34344
iii. CRD number	000016686
iv. LEI, if any	RUC0QBLBRPRCU4W1NE59
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	17.13000000
Brokers Record: 4
i. Full name of broker	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	661.88000000
Brokers Record: 5
i. Full name of broker	GOLDMAN SACHS & CO. LLC
ii. SEC file number	8-129
iii. CRD number	000000361
iv. LEI, if any	FOR8UP27PHTHYVLBNG30
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	4,481.86000000
Brokers Record: 6
i. Full name of broker	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	9,238.33000000
Brokers Record: 7
i. Full name of broker	Morgan Stanley & Co. LLC
ii. SEC file number	8-15869
iii. CRD number	000008209
iv. LEI, if any	9R7GPTSO7KV3UQJZQ078
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	2,759.73000000
Brokers Record: 8
i. Full name of broker	SUNTRUST ROBINSON HUMPHREY, INC.
ii. SEC file number	8-17212
iii. CRD number	000006271
iv. LEI, if any	CSVTK36R0PNGXEM7NS14
v. State, if applicable	GEORGIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	271.09000000
Brokers Record: 9
i. Full name of broker	JONESTRADING
ii. SEC file number	8-26089
iii. CRD number	000006888
iv. LEI, if any	2138008JJ5PA8H5UIL69
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	268.29000000
Brokers Record: 10
i. Full name of broker	COWEN AND COMPANY
ii. SEC file number	8-22522
iii. CRD number	000007616
iv. LEI, if any	549300WR155U7DVMIW58
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	3,456.33000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	21,194.05000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	WELLS FARGO SECURITIES, LLC
ii. SEC file number	8-65876
iii. CRD number	000126292
iv. LEI, if any	VYVVCKR63DVZZN70PB21
v. State, if applicable	NORTH CAROLINA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	42,354.00000000
Principal Transactions Record: 2
i. Full name of dealer	Morgan Stanley & Co. LLC
ii. SEC file number	8-15869
iii. CRD number	000008209
iv. LEI, if any	9R7GPTSO7KV3UQJZQ078
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	141,484.75000000
Principal Transactions Record: 3
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,725.00000000
Principal Transactions Record: 4
i. Full name of dealer	Citigroup Global Markets Inc.
ii. SEC file number	8-8177
iii. CRD number	000007059
iv. LEI, if any	MBNUM2BPBDO7JBLYG310
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	199,806.20000000
Principal Transactions Record: 5
i. Full name of dealer	SUNTRUST ROBINSON HUMPHREY, INC.
ii. SEC file number	8-17212
iii. CRD number	000006271
iv. LEI, if any	CSVTK36R0PNGXEM7NS14
v. State, if applicable	GEORGIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	59,547.00000000
Principal Transactions Record: 6
i. Full name of dealer	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	39,235.00000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

488,151.95000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	26,571,978.44083300
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 10

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 12

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 14

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 15

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 16

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 18

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 19

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 22

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 23

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 24

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 25

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 26

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 28

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 33

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 37

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 38

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 45

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 46

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 47

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 49

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 51

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 52

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 55

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 56

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 61

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 62

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 63

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 64

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 66

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 67

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 68

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 70

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 71

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 72

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 73

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 75

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 77

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 79

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 81

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 85

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 87

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 88

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 89

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 91

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 92

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 93

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 96

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 98

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 103

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 104

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 105

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 106

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

v. Did the Fund draw on the line of credit this period? Yes No

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No

Management Investment Record: 49

Item C.1. Background information.

a. Full Name of the Fund	Leisure Fund
b. Series identication number, if any	S000003812
c. LEI	5493003JDGD6V23RQC15
d. Is this the first filing on this form by the Fund?	Yes No

Item C.2. Classes of open-end management investment companies.

a. How many Classes of shares of the Fund (if any) are authorized?	4
b. How many new Classes of shares of the Fund were added during the reporting period?	0
c. How many Classes of shares of the Fund were terminated during the reporting period?	0
d. For each Class with shares outstanding, provide the information requested below:
Shares Outstanding Record: 1
i. Full name of Class	Class C
ii. Class identification number, if any	C000010637
iii. Ticker symbol, if any	RYLCX
Shares Outstanding Record: 2
i. Full name of Class	Investor
ii. Class identification number, if any	C000010634
iii. Ticker symbol, if any	RYLIX
Shares Outstanding Record: 3
i. Full name of Class	Class A
ii. Class identification number, if any	C000010636
iii. Ticker symbol, if any	RYLSX
Shares Outstanding Record: 4
i. Full name of Class	Class H
ii. Class identification number, if any	C000010635
iii. Ticker symbol, if any	RYLAX

Item C.3. Type of fund.

Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy.

Indicate if the Fund is any one of the types listed below. Check all that apply.

a. Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund        i.     Exchange-Traded Fund        ii.    Exchange-Traded Managed Fund   b.   Index Fund   c.    Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark   d.    Interval Fund   e.    Fund of Funds   f.     Master-Feeder Fund   g.    Money Market Fund   h.    Target Date Fund   i.     Underlying fund to a variable annuity or variable life insurance contract          N/A

Item C.4. Diversification.

Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))?

Yes No

Item C.5. Investments in certain foreign corporations.

Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957].

a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities?

Yes No

Item C.6. Securities lending.

Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer.

a. Is the Fund authorized to engage in securities lending transactions?	Yes No
b. Did the Fund lend any of its securities during the reporting period?	Yes No

i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:

1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities?	Yes No
2. The Fund was otherwise adversely impacted?	Yes No

c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:

Securities Lending Record: 1
i. Full name of securities lending agent	U.S. Bank, N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No
iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent?	Yes No

v. If the entity providing the indemnification is not the securities lending agent, provide the following information:

Idemnity Providers Record: 1

1. Name of person providing indemnification	N/A
2. LEI, if any, of person providing indemnification	N/A

vi. Did the Fund exercise its indemnification rights during the reporting period?

Yes No

d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:

Collateral Managers Record: 1
i. Full name of cash collateral manager:	U.S. Bancorp Asset Management, Inc.
ii. LEI, if any:	8KUMV9EIJ75IBFMLFD23
iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund?	Yes No
iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund?	Yes No

e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):	i. Revenue sharing split   ii. Non-revenue sharing split (other than administrative fee)    iii. Administrative fee   iv. Cash collateral reinvestment fee   v. Indemnification fee   vi. Other     N/A
f. Provide the monthly average of the value of portfolio securities on loan during the reporting period	1,069,727.43000000
g. Provide the net income from securities lending activities	10,972.12000000

Item C.7. Reliance on certain rules.

Did the Fund rely on any of the following rules under the Act during the reporting period? (check all that apply)

a. Rule 10f-3 (17 CFR 270.10f-3)    b. Rule 12d1-1 (17 CFR 270.12d1-1)   c. Rule 15a-4 (17 CFR 270.15a-4)    d. Rule 17a-6 (17 CFR 270.17a-6)    e. Rule 17a-7 (17 CFR 270.17a-7)   f. Rule 17a-8 (17 CFR 270.17a-8)   g. Rule 17e-1 (17 CFR 270.17e-1)   h. Rule 22d-1 (17 CFR 270.22d-1)   i. Rule 23c-1 (17 CFR 270.23c-1)    j. Rule 32a-4 (17 CFR 270.32a-4)   N/A

Item C.8. Expense limitations.

Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase.

a. Did the Fund have an expense limitation arrangement in place during the reporting period?	Yes No
b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period?	Yes No
c. Are the fees waived subject to recoupment?	Yes No
d. Were any expenses previously waived recouped during the period?	Yes No

Item C.9. Investment advisers.

a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund:

Investment Advisers Record: 1
i. Full name	Security Investors, LLC
ii. SEC file number ( e.g., 801- )	801-8008
iii.CRD number	000105477
iv. LEI, if any	549300R47VF4XGNEC751
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Was the investment adviser hired during the reporting period?	Yes No

b. If an investment adviser (other than a sub- adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

c. For each sub-adviser to the Fund, provide the information requested:

i. Full name
ii. SEC file number ( e.g., 801- ), if applicable
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)?	Yes No
viii. Was the sub-adviser hired during the reporting period?	Yes No

d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser:

i. Full name
ii. SEC file number ( e.g., 801- )
iii. CRD number
iv. LEI, if any
v. State, if applicable
vi. Foreign country, if applicable
vii. Termination date

Item C.10. Transfer agents.

a. Provide the following information about each person providing transfer agency services to the Fund:

Transfer Agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii.SEC file number ( e.g., 84- or 85- )	084-05475
iii. LEI, if any	N/A
iv. State, if applicable	MARYLAND
v. Foreign country, if applicable	UNITED STATES OF AMERICA
vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vii. Is the transfer agent a sub-transfer agent?	Yes No

b. Has a transfer agent been hired or terminated during the reporting period?

Yes No

Item C.11. Pricing services.

a. Provide the following information about each person that provided pricing services to the Fund during the reporting period:

Pricing Services Record: 1
i. Full name	ICE Data Services
ii. LEI, if any, or provide and describe other identifying number	5493000NQ9LYLDBCTL34
Description of other identifying number
iii. State, if applicable	NEW YORK
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?	Yes No

b. Was a pricing service hired or terminated during the reporting period?

Yes No

Item C.12. Custodians.

a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:

Custodians Record: 1
i. Full name	U.S. Bank N.A.
ii. LEI, if any	6BYL5QZYBDK8S7L73M02
iii. State, if applicable	OHIO
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the custodian a sub-custodian?	Yes No
vii. With respect to the custodian, check below to indicate the type of custody:	1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) 2.Member national securities exchange - rule 17f-1 (17 CFR 270.17f-1) 3.Self - rule 17f-2 (17 CFR 270.17f-2) 4.Securities depository - rule 17f-4 (17 CFR 270.17f-4) 5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) 6.Futures commission merchants and commodity clearing organizations - rule 17f-6 (17 CFR 270.17f-6) 7.Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) 8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2) 9.Other

b. Has a custodian been hired or terminated during the reporting period?*

Yes No

Item C.13. Shareholder servicing agents.

a. Provide the following information about each shareholder servicing agent of the Fund:

Shareholder servicing agents Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or provide and describe other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the shareholder servicing agent a sub-shareholder servicing agent?	Yes No

b. Has a shareholder servicing agent been hired or terminated during the reporting period?

Yes No

Item C.14. Administrators.

a. Provide the following information about each administrator of the Fund:

Administrators Record: 1
i. Full name	MUFG Investor Services (US), LLC
ii. LEI, if any, or other identifying number	084-05475
Description of other identifying number	SEC File Number
iii. State, if applicable	MARYLAND
iv. Foreign country, if applicable	UNITED STATES OF AMERICA
v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?	Yes No
vi. Is the administrator a sub-administrator?	Yes No

b.Has a third-party administrator been hired or terminated during the reporting period?

Yes No

Item C.15. Affiliated broker-dealers.

Provide the following information about each affiliated broker-dealer:

Broker Dealers Record: 1
a. Full name	GUGGENHEIM SECURITIES, LLC
b. SEC file number	8-49107
c. CRD number	000040638
d. LEI, if any	5493005G25VHYWLYJU59
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 2
a. Full name	Guggenheim Investor Services, LLC
b. SEC file number	8-44742
c. CRD number	000030096
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 3
a. Full name	Guggenheim Funds Distributors, LLC
b. SEC file number	8-48842
c. CRD number	000039805
d. LEI, if any	549300YLHACOJHH3DN20
e. State, if applicable	ILLINOIS
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 4
a. Full name	Guggenheim Partners Japan, Ltd.
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	JAPAN
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 5
a. Full name	Guggenheim KBBO Partners Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED ARAB EMIRATES
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 6
a. Full name	Sammons Financial Network LLC
b. SEC file number	8-68905
c. CRD number	000158538
d. LEI, if any	N/A
e. State, if applicable	IOWA
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 7
a. Full name	GLM Securities, LLC
b. SEC file number	8-69770
c. CRD number	000283873
d. LEI, if any	N/A
e. State, if applicable	NEW YORK
f. Foreign country, if applicable	UNITED STATES OF AMERICA
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000
Broker Dealers Record: 8
a. Full name	Guggenheim Securities International Ltd
b. SEC file number	N/A
c. CRD number	N/A
d. LEI, if any	N/A
e. State, if applicable
f. Foreign country, if applicable	UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND
g. Total commissions paid to the affiliated broker-dealer for the reporting period:	0.00000000

Item C.16. Brokers.

Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers.

a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below:

Brokers Record: 1
i. Full name of broker	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	8,008.08000000
Brokers Record: 2
i. Full name of broker	UBS SECURITIES LLC
ii. SEC file number	8-22651
iii. CRD number	000007654
iv. LEI, if any	T6FIZBDPKLYJKFCRVK44
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	120.56000000
Brokers Record: 3
i. Full name of broker	Sanford C. Bernstein & Co., LLC
ii. SEC file number	8-52942
iii. CRD number	000104474
iv. LEI, if any	549300I7JYZHT7D5CO04
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	989.32000000
Brokers Record: 4
i. Full name of broker	SVB Leerink LLC
ii. SEC file number	8-48535
iii. CRD number	000039011
iv. LEI, if any	549300AAH7U76CEUBI94
v. State, if applicable	MASSACHUSETTS
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	72.75000000
Brokers Record: 5
i. Full name of broker	BTIG, LLC
ii. SEC file number	8-65473
iii. CRD number	000122225
iv. LEI, if any	549300GTG9PL6WO3EC51
v. State, if applicable	CALIFORNIA
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	12.64000000
Brokers Record: 6
i. Full name of broker	Instinet, LLC
ii. SEC file number	8-23669
iii. CRD number	000007897
iv. LEI, if any	549300MGMN3RKMU8FT57
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,818.98000000
Brokers Record: 7
i. Full name of broker	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Gross commissions paid by the Fund for the reporting period	10,367.98000000
b. Aggregate brokerage commissions paid by Fund during the reporting period:	30,390.31000000

Item C.17. Principal transactions.

a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below:

Principal Transactions Record: 1
i. Full name of dealer	J.P. MORGAN SECURITIES LLC
ii. SEC file number	8-35008
iii. CRD number	000000079
iv. LEI, if any	ZBUT11V806EZRVTWT807
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	14,055,589.11000000
Principal Transactions Record: 2
i. Full name of dealer	BARCLAYS CAPITAL INC.
ii. SEC file number	8-41342
iii. CRD number	000019714
iv. LEI, if any	AC28XWWI3WIBK2824319
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	5,921,957.38000000
Principal Transactions Record: 3
i. Full name of dealer	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
ii. SEC file number	8-7221
iii. CRD number	000007691
iv. LEI, if any	8NAV47T0Y26Q87Y0QP81
v. State, if applicable	NEW YORK
vi. Foreign country, if applicable	UNITED STATES OF AMERICA
vii. Total value of purchases and sales (excluding maturing securities) with Fund:	4,387,557.20000000

b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period:

24,365,103.69000000

Item C.18. Payments for brokerage and research.

During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)?

Yes No

Item C.19. Average net assets.

a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period	20,334,811.99000000
b. Provide the money market fund's daily average net assets during the reporting period	0.00000000

Item C.20. Lines of credit, interfund lending and interfund borrowing.

For open-end management investment companies, respond to the following:

a. Does the Fund have available a line of credit?

Yes No

If yes, for each line of credit, provide the information requested below:

Line of Credit details Record: 1
i. Is the line of credit a committed or uncommitted line of credit?	Committed Uncommitted
ii. What size is the line of credit?	75,000,000.00000000
iii. With which institution(s) is the line of credit?
Line Institutions Record: 1
Name of institution	U.S. Bank, N.A.
iv. Is the line of credit just for the Fund, or is it shared among multiple funds?	Sole Shared

1. If shared, list the names of other funds that may use the line of credit.

Shared Credit Users Record: 1

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 2

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 3

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 4

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 5

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 6

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 7

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 8

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 9

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 10

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 11

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 12

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 13

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 14

Name of fund	Telecommunications Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 15

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 16

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 17

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 18

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 19

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 20

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 21

Name of fund	Strengthening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 22

Name of fund	Emerging Markets Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 23

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 24

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 25

Name of fund	NASDAQ-100 Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 26

Name of fund	Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 27

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 28

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 29

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 30

Name of fund	Inverse Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 31

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 32

Name of fund	Commodities Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 33

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 34

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 35

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 36

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 37

Name of fund	Weakening Dollar 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 38

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 39

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 40

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 41

Name of fund	S&P 500 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 42

Name of fund	Dow Jones Industrial Average Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 43

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 44

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 45

Name of fund	Transportation Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 46

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 47

Name of fund	Russell 2000 Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 48

Name of fund	Basic Materials Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 49

Name of fund	Consumer Products Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 50

Name of fund	Monthly Rebalance NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 51

Name of fund	Inverse S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 52

Name of fund	U.S. Government Money Market Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 53

Name of fund	Energy Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 54

Name of fund	Health Care Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 55

Name of fund	S&P 500 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 56

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 57

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 58

Name of fund	Long Short Equity Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 59

Name of fund	Emerging Markets 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 60

Name of fund	S&P MidCap 400 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 61

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 62

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 63

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 64

Name of fund	Electronics Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 65

Name of fund	S&P MidCap 400 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 66

Name of fund	Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 67

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 68

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 69

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 70

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 71

Name of fund	Government Long Bond 1.2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 72

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 73

Name of fund	Mid-Cap 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 74

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 75

Name of fund	Precious Metals Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 76

Name of fund	Real Estate Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 77

Name of fund	S&P SmallCap 600 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 78

Name of fund	Inverse Mid-Cap Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 79

Name of fund	Financial Services Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 80

Name of fund	Utilities Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 81

Name of fund	Inverse High Yield Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 82

Name of fund	S&P SmallCap 600 Pure Growth Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 83

Name of fund	S&P 500 Pure Value Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 84

Name of fund	Technology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 85

Name of fund	Global Managed Futures Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 86

Name of fund	High Yield Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 87

Name of fund	Retailing Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 88

Name of fund	Internet Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 89

Name of fund	Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 90

Name of fund	Leisure Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 91

Name of fund	Energy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 92

Name of fund	Banking Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 93

Name of fund	Multi-Hedge Strategies Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 94

Name of fund	Russell 2000 1.5x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 95

Name of fund	Inverse Government Long Bond Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 96

Name of fund	Inverse Russell 2000 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 97

Name of fund	Inverse Dow 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 98

Name of fund	NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 99

Name of fund	Europe 1.25x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 100

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 101

Name of fund	Nova Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 102

Name of fund	Inverse NASDAQ-100 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 103

Name of fund	S&P 500 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 104

Name of fund	Inverse Russell 2000 2x Strategy Fund
SEC File number( e.g., 811- )	811-09525

Shared Credit Users Record: 105

Name of fund	Japan 2x Strategy Fund
SEC File number( e.g., 811- )	811-07584

Shared Credit Users Record: 106

Name of fund	Biotechnology Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 107

Name of fund	Inverse NASDAQ-100 Strategy Fund
SEC File number( e.g., 811- )	811-08821

Shared Credit Users Record: 108

Name of fund	Inverse S&P 500 Strategy Fund
SEC File number( e.g., 811- )	811-08821

v. Did the Fund draw on the line of credit this period? Yes No vi. If the fund drew on the line of credit during this period, what was the average amount outstanding when the line of credit was in use? vii. If the fund drew on the line of credit during this period, what was the number of days that the line of credit was in use?

b. Did the Fund engage in interfund lending?	Yes No

c.Did the Fund engage in interfund borrowing?	Yes No

Item C.21. Swing pricing.

For open-end management investment companies, respond to the following:

a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?	Yes No