Rydex/SGI High Yield Fund's directors add 2% charge on redemptions

By Tali David

Minneapolis, Feb. 29 - Security Income Fund announced that its board approved the addition of a 2% charge on redemptions for the Rydex/SGI High Yield Fund's class A, C and institutional class shares purchased on or after May 1 that have been held for 90 days or less, according to a 497K filed with the Securities and Exchange Commission.

The fund's adviser is Topeka, Kan.-based Security Investors, LLC.

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