# EDGAR Filing Document

**Accession Number:** 0001092720
**File Stem:** 0001398344-25-011994
**Filing Date:** 2025-6
**Character Count:** 7285
**Document Hash:** 9c5673a1cc9632eac61b17aff553ea26
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-25-011994.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0001398344-25-011994

**CONFORMED SUBMISSION TYPE**: 24F-2NT

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**EFFECTIVENESS DATE**: 20250620

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYDEX DYNAMIC FUNDS
- **CENTRAL INDEX KEY:** 0001092720

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 24F-2NT
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-84797
- **FILM NUMBER:** 251060392

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEWCO TRUST
- **DATE OF NAME CHANGE:** 19990806

## Series and Classes Contracts Data

### S&P 500 2x Strategy Fund (Series ID: S000003698)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A          | RYTTX         | C000010355 |
| C          | RYCTX         | C000010356 |
| H          | RYTNX         | C000010357 |

---

### Inverse S&P 500 2x Strategy Fund (Series ID: S000003702)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A          | RYTMX         | C000010361 |
| C          | RYCBX         | C000010362 |
| H          | RYTPX         | C000010363 |

---

### NASDAQ-100(R) 2x Strategy Fund (Series ID: S000003703)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A          | RYVLX         | C000010364 |
| C          | RYCCX         | C000010365 |
| H          | RYVYX         | C000010366 |

---

### Inverse NASDAQ-100(R) 2x Strategy Fund (Series ID: S000003704)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A          | RYVTX         | C000010367 |
| C          | RYCDX         | C000010368 |
| H          | RYVNX         | C000010369 |

---

### Dow 2x Strategy Fund (Series ID: S000003705)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A          | RYLDX         | C000010370 |
| C          | RYCYX         | C000010371 |
| H          | RYCVX         | C000010372 |

---

### Inverse Dow 2x Strategy Fund (Series ID: S000003706)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| A          | RYIDX         | C000010373 |
| C          | RYCZX         | C000010374 |
| H          | RYCWX         | C000010375 |

---

### Russell 2000 2x Strategy Fund (Series ID: S000012142)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A-Class Shares | RYRUX         | C000033105 |
| C-Class Shares | RYRLX         | C000033106 |
| H-Class Shares | RYRSX         | C000033107 |

---

### Inverse Russell 2000 2x Strategy Fund (Series ID: S000012143)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A-Class Shares | RYIUX         | C000033108 |
| C-Class Shares | RYIZX         | C000033109 |
| H-Class Shares | RYIRX         | C000033110 |

---

## Series and Classes Contracts Data

### S&P 500 2x Strategy Fund (Series ID: S000003698)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010355 | A            | RYTTX           |
| C000010356 | C            | RYCTX           |
| C000010357 | H            | RYTNX           |

### Inverse S&P 500 2x Strategy Fund (Series ID: S000003702)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010361 | A            | RYTMX           |
| C000010362 | C            | RYCBX           |
| C000010363 | H            | RYTPX           |

### NASDAQ-100(R) 2x Strategy Fund (Series ID: S000003703)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010364 | A            | RYVLX           |
| C000010365 | C            | RYCCX           |
| C000010366 | H            | RYVYX           |

### Inverse NASDAQ-100(R) 2x Strategy Fund (Series ID: S000003704)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010367 | A            | RYVTX           |
| C000010368 | C            | RYCDX           |
| C000010369 | H            | RYVNX           |

### Dow 2x Strategy Fund (Series ID: S000003705)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010370 | A            | RYLDX           |
| C000010371 | C            | RYCYX           |
| C000010372 | H            | RYCVX           |

### Inverse Dow 2x Strategy Fund (Series ID: S000003706)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010373 | A            | RYIDX           |
| C000010374 | C            | RYCZX           |
| C000010375 | H            | RYCWX           |

### Russell 2000 2x Strategy Fund (Series ID: S000012142)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000033105 | A-Class Shares | RYRUX           |
| C000033106 | C-Class Shares | RYRLX           |
| C000033107 | H-Class Shares | RYRSX           |

### Inverse Russell 2000 2x Strategy Fund (Series ID: S000012143)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000033108 | A-Class Shares | RYIUX           |
| C000033109 | C-Class Shares | RYIZX           |
| C000033110 | H-Class Shares | RYIRX           |

## FORM 24F-2NT: Annual Notice of Securities Sold Pursuant to Rule 24f-2

### 24F-2NT: Filer Information

**Filer CIK:** 0001092720

**Is this a LIVE or TEST Filing?:** LIVE

**Filer Investment Company Type:** N-1A

### 24F-2NT: Annual Filing Information

**1. Name and address of issuer:**

- **Name of Issuer:** Rydex Dynamic Funds

- **Address:** 702 King Farm Boulevard, Rockville, MD 20850

**2. The Name and EDGAR Identifier of each series or class of securities for which this Form is filed:**

- [ ] Check box if the Form is being filed for all series and classes of the issuer.

**3. Investment Company Act File Number:** 811-09525

   **Securities Act File Number:** 333-84797

**4(a). Last day of fiscal year for which this Form is filed:** 03/31/2025

**4(b). Check box if this Form is being filed late:** [ ]

**4(c). Check box if this is the last time the issuer will be filing this Form:** [ ]

**5. Calculation of registration fee:**

- **(i) Aggregate sale price of securities sold during the fiscal year:** $17769740667.00

- **(ii) Aggregate price of securities redeemed or repurchased during the fiscal year:** $17944903497.00

- **(iii) Aggregate price of securities redeemed or repurchased during any prior fiscal year:** $275459626.00

- **(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]:** $18220363123.00

- **(v) Net sales:** $0.00

- **(vi) Redemption credits available for use in future years:** $-450622456.00

- **(vii) Multiplier for determining registration fee:** 0.000153100

- **(viii) Registration fee due:** $0.00

**Signatures**

**Name and Title:** Jon Szafran, Assistant Treasurer

**Date:** 06/20/2025

**Signature:** /s/ Jonathan Szafran