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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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      <invstOrSec>
        <name>Chevron Corp</name>
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      <invstOrSec>
        <name>American Express Co</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Boeing Co/The</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>McDonald's Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Walt Disney Co/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Walgreens Boots Alliance Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IBM</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Coca-Cola Co/The</name>
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        <title>Coca-Cola Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Guggenheim Partners Investment Management LLC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Visa Inc</name>
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        <title>Visa, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Salesforce Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Intel Corp</name>
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        <name>Cisco Systems Inc</name>
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        <name>TREASURY BILL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amgen Inc</name>
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        <title>Amgen, Inc.</title>
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        <name>Merck &amp; Co Inc</name>
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        <name>Walmart Inc</name>
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        <title>Walmart, Inc.</title>
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        <name>Goldman Sachs Group Inc/The</name>
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        <title>Goldman Sachs Group, Inc.</title>
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        <name>Apple Inc</name>
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        <title>Apple, Inc.</title>
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        <name>Honeywell International Inc</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>Honeywell International, Inc.</title>
        <cusip>438516106</cusip>
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        <name>BARCLAYS CAPITAL INC.</name>
        <lei>AC28XWWI3WIBK2824319</lei>
        <title>Barclays Capital, Inc.</title>
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        <valUSD>132828.10000000</valUSD>
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        <assetCat>RA</assetCat>
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        <invCountry>US</invCountry>
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          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="AC28XWWI3WIBK2824319" name="BARCLAYS CAPITAL INC."/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>5.29000000</repurchaseRt>
          <maturityDt>2023-10-02</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>146780.29000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>135484.82000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-10-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Rydex Series Funds</ncom:nameOfApplicant>
      <ncom:signature>James Howley</ncom:signature>
      <ncom:signerName>James Howley</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
