Form 24F-2 Annual Filing Filers submitting a 24F-2 where the total fee due is based upon the aggregate net sales of all series and classes with the same fiscal year should only complete one copy of the form. To begin the form select "Add 24F-2 Form".

Filers calculating fees on a class-by-class or series-by-series basis must complete a separate Form 24F-2 for each class or series. The application will allow you to create a separate form for each series or class within a single submission. Simply select "Add 24F-2 Form" to begin each additional form.

Read instructions at end of Form before preparing Form. See "INSTRUCTIONS" link above.

Annual Filing Information Record:1

1. Name and address of issuer:

Name of Issuer	Rydex Series Funds
Street 1	702 King Farm Boulevard
Street 2	Suite 200
City	Rockville
State	MARYLAND
Country	UNITED STATES
Zip code and zip code extension or foreign postal code	20850

2. The name and EDGAR identifier of each series or class of securities for which this Form is filed (if the Form is being filed for all series and classes of securities of the issuer, check the box but do not list series or classes):

Series ID Record:1

Series Name	U.S. Government Money Market Fund
Series ID	S000003657

Class ID Record:1

Class Name	Money Market Class Shares
Class ID	C000113321

Series ID Record:2

Series Name	Banking Fund
Series ID	S000003683

Class ID Record:1

Class Name	Investor Class
Class ID	C000010303

Class ID Record:2

Class Name	Class H
Class ID	C000010304

Class ID Record:3

Class Name	Class A
Class ID	C000010305

Class ID Record:4

Class Name	Class C
Class ID	C000010306

Series ID Record:3

Series Name	Government Long Bond 1.2x Strategy Fund
Series ID	S000003684

Class ID Record:1

Class Name	Investor Class
Class ID	C000010307

Class ID Record:2

Class Name	Class A
Class ID	C000010309

Class ID Record:3

Class Name	Class C
Class ID	C000010310

Class ID Record:4

Class Name	Class H
Class ID	C000149021

Series ID Record:4

Series Name	Mid-Cap 1.5x Strategy Fund
Series ID	S000003685

Class ID Record:1

Class Name	Class H
Class ID	C000010311

Class ID Record:2

Class Name	Class A
Class ID	C000010312

Class ID Record:3

Class Name	Class C
Class ID	C000010313

Series ID Record:5

Series Name	Guggenheim Long Short Equity Fund
Series ID	S000003686

Class ID Record:1

Class Name	Class P
Class ID	C000010314

Class ID Record:2

Class Name	Class A
Class ID	C000010315

Class ID Record:3

Class Name	Class C
Class ID	C000010316

Class ID Record:4

Class Name	Institutional Class
Class ID	C000106197

Series ID Record:6

Series Name	S&P 500 Pure Value Fund
Series ID	S000003688

Class ID Record:1

Class Name	Class H
Class ID	C000010320

Class ID Record:2

Class Name	Class A
Class ID	C000010321

Class ID Record:3

Class Name	Class C
Class ID	C000010322

Series ID Record:7

Series Name	S&P 500 Pure Growth Fund
Series ID	S000003689

Class ID Record:1

Class Name	Class H
Class ID	C000010323

Class ID Record:2

Class Name	Class A
Class ID	C000010324

Class ID Record:3

Class Name	Class C
Class ID	C000010325

Series ID Record:8

Series Name	Inverse Government Long Bond Strategy Fund
Series ID	S000003690

Class ID Record:1

Class Name	Investor Class
Class ID	C000010326

Class ID Record:2

Class Name	Class A
Class ID	C000010328

Class ID Record:3

Class Name	Class C
Class ID	C000010329

Class ID Record:4

Class Name	Class H
Class ID	C000149022

Series ID Record:9

Series Name	Nova Fund
Series ID	S000003691

Class ID Record:1

Class Name	Investor Class
Class ID	C000010330

Class ID Record:2

Class Name	Class A
Class ID	C000010332

Class ID Record:3

Class Name	Class C
Class ID	C000010333

Class ID Record:4

Class Name	Class H
Class ID	C000149023

Series ID Record:10

Series Name	Inverse S&P 500 Strategy Fund
Series ID	S000003692

Class ID Record:1

Class Name	Investor Class
Class ID	C000010334

Class ID Record:2

Class Name	Class A
Class ID	C000010336

Class ID Record:3

Class Name	Class C
Class ID	C000010337

Class ID Record:4

Class Name	Class H
Class ID	C000149024

Series ID Record:11

Series Name	NASDAQ-100 Fund
Series ID	S000003693

Class ID Record:1

Class Name	Investor Class
Class ID	C000010338

Class ID Record:2

Class Name	Class A
Class ID	C000010340

Class ID Record:3

Class Name	Class C
Class ID	C000010341

Class ID Record:4

Class Name	Class H
Class ID	C000149025

Series ID Record:12

Series Name	Inverse NASDAQ-100 Strategy Fund
Series ID	S000003694

Class ID Record:1

Class Name	Investor Class
Class ID	C000010342

Class ID Record:2

Class Name	Class A
Class ID	C000010344

Class ID Record:3

Class Name	Class C
Class ID	C000010345

Class ID Record:4

Class Name	Class H
Class ID	C000149026

Series ID Record:13

Series Name	Europe 1.25x Strategy Fund
Series ID	S000003695

Class ID Record:1

Class Name	Class H
Class ID	C000010346

Class ID Record:2

Class Name	Class A
Class ID	C000010347

Class ID Record:3

Class Name	Class C
Class ID	C000010348

Series ID Record:14

Series Name	Russell 2000 1.5x Strategy Fund
Series ID	S000003697

Class ID Record:1

Class Name	Class H
Class ID	C000010352

Class ID Record:2

Class Name	Class A
Class ID	C000010353

Class ID Record:3

Class Name	Class C
Class ID	C000010354

Series ID Record:15

Series Name	S&P SmallCap 600 Pure Value Fund
Series ID	S000003760

Class ID Record:1

Class Name	Class H
Class ID	C000010429

Class ID Record:2

Class Name	Class A
Class ID	C000010430

Class ID Record:3

Class Name	Class C
Class ID	C000010431

Series ID Record:16

Series Name	Weakening Dollar 2x Strategy Fund
Series ID	S000003761

Class ID Record:1

Class Name	Class H
Class ID	C000010432

Class ID Record:2

Class Name	Class A
Class ID	C000010433

Class ID Record:3

Class Name	Class C
Class ID	C000010434

Series ID Record:17

Series Name	S&P SmallCap 600 Pure Growth Fund
Series ID	S000003768

Class ID Record:1

Class Name	Class H
Class ID	C000010445

Class ID Record:2

Class Name	Class A
Class ID	C000010446

Class ID Record:3

Class Name	Class C
Class ID	C000010447

Series ID Record:18

Series Name	S&P MidCap 400 Pure Value Fund
Series ID	S000003769

Class ID Record:1

Class Name	Class H
Class ID	C000010448

Class ID Record:2

Class Name	Class A
Class ID	C000010449

Class ID Record:3

Class Name	Class C
Class ID	C000010450

Series ID Record:19

Series Name	S&P MidCap 400 Pure Growth Fund
Series ID	S000003770

Class ID Record:1

Class Name	Class H
Class ID	C000010451

Class ID Record:2

Class Name	Class A
Class ID	C000010452

Class ID Record:3

Class Name	Class C
Class ID	C000010453

Series ID Record:20

Series Name	Inverse Mid-Cap Strategy Fund
Series ID	S000003771

Class ID Record:1

Class Name	Class H
Class ID	C000010454

Class ID Record:2

Class Name	Class A
Class ID	C000010455

Class ID Record:3

Class Name	Class C
Class ID	C000010456

Series ID Record:21

Series Name	Inverse Russell 2000 Strategy Fund
Series ID	S000003772

Class ID Record:1

Class Name	Class H
Class ID	C000010457

Class ID Record:2

Class Name	Class A
Class ID	C000010458

Class ID Record:3

Class Name	Class C
Class ID	C000010459

Series ID Record:22

Series Name	Real Estate Fund
Series ID	S000003773

Class ID Record:1

Class Name	Class H
Class ID	C000010460

Class ID Record:2

Class Name	Class A
Class ID	C000010461

Class ID Record:3

Class Name	Class C
Class ID	C000010462

Series ID Record:23

Series Name	Strengthening Dollar 2x Strategy Fund
Series ID	S000003775

Class ID Record:1

Class Name	Class H
Class ID	C000010466

Class ID Record:2

Class Name	Class A
Class ID	C000010467

Class ID Record:3

Class Name	Class C
Class ID	C000010468

Series ID Record:24

Series Name	Precious Metals Fund
Series ID	S000003798

Class ID Record:1

Class Name	Investor Class
Class ID	C000010578

Class ID Record:2

Class Name	Class H
Class ID	C000010579

Class ID Record:3

Class Name	Class A
Class ID	C000010580

Class ID Record:4

Class Name	Class C
Class ID	C000010581

Series ID Record:25

Series Name	Telecommunications Fund
Series ID	S000003799

Class ID Record:1

Class Name	Investor Class
Class ID	C000010582

Class ID Record:2

Class Name	Class H
Class ID	C000010583

Class ID Record:3

Class Name	Class A
Class ID	C000010584

Class ID Record:4

Class Name	Class C
Class ID	C000010585

Series ID Record:26

Series Name	Transportation Fund
Series ID	S000003800

Class ID Record:1

Class Name	Investor Class
Class ID	C000010586

Class ID Record:2

Class Name	Class H
Class ID	C000010587

Class ID Record:3

Class Name	Class A
Class ID	C000010588

Class ID Record:4

Class Name	Class C
Class ID	C000010589

Series ID Record:27

Series Name	Energy Services Fund
Series ID	S000003801

Class ID Record:1

Class Name	Investor Class
Class ID	C000010590

Class ID Record:2

Class Name	Class H
Class ID	C000010591

Class ID Record:3

Class Name	Class A
Class ID	C000010592

Class ID Record:4

Class Name	Class C
Class ID	C000010593

Series ID Record:28

Series Name	Biotechnology Fund
Series ID	S000003802

Class ID Record:1

Class Name	Investor Class
Class ID	C000010594

Class ID Record:2

Class Name	Class H
Class ID	C000010595

Class ID Record:3

Class Name	Class A
Class ID	C000010596

Class ID Record:4

Class Name	Class C
Class ID	C000010597

Series ID Record:29

Series Name	Electronics Fund
Series ID	S000003803

Class ID Record:1

Class Name	Investor Class
Class ID	C000010598

Class ID Record:2

Class Name	Class H
Class ID	C000010599

Class ID Record:3

Class Name	Class A
Class ID	C000010600

Class ID Record:4

Class Name	Class C
Class ID	C000010601

Series ID Record:30

Series Name	Internet Fund
Series ID	S000003804

Class ID Record:1

Class Name	Investor Class
Class ID	C000010602

Class ID Record:2

Class Name	Class H
Class ID	C000010603

Class ID Record:3

Class Name	Class A
Class ID	C000010604

Class ID Record:4

Class Name	Class C
Class ID	C000010605

Series ID Record:31

Series Name	Utilities Fund
Series ID	S000003805

Class ID Record:1

Class Name	Investor Class
Class ID	C000010606

Class ID Record:2

Class Name	Class H
Class ID	C000010607

Class ID Record:3

Class Name	Class A
Class ID	C000010608

Class ID Record:4

Class Name	Class C
Class ID	C000010609

Series ID Record:32

Series Name	Energy Fund
Series ID	S000003806

Class ID Record:1

Class Name	Investor Class
Class ID	C000010610

Class ID Record:2

Class Name	Class H
Class ID	C000010611

Class ID Record:3

Class Name	Class A
Class ID	C000010612

Class ID Record:4

Class Name	Class C
Class ID	C000010613

Series ID Record:33

Series Name	Financial Services Fund
Series ID	S000003807

Class ID Record:1

Class Name	Investor Class
Class ID	C000010614

Class ID Record:2

Class Name	Class H
Class ID	C000010615

Class ID Record:3

Class Name	Class A
Class ID	C000010616

Class ID Record:4

Class Name	Class C
Class ID	C000010617

Series ID Record:34

Series Name	Health Care Fund
Series ID	S000003808

Class ID Record:1

Class Name	Investor Class
Class ID	C000010618

Class ID Record:2

Class Name	Class H
Class ID	C000010619

Class ID Record:3

Class Name	Class A
Class ID	C000010620

Class ID Record:4

Class Name	Class C
Class ID	C000010621

Series ID Record:35

Series Name	Technology Fund
Series ID	S000003809

Class ID Record:1

Class Name	Investor Class
Class ID	C000010622

Class ID Record:2

Class Name	Class H
Class ID	C000010623

Class ID Record:3

Class Name	Class A
Class ID	C000010624

Class ID Record:4

Class Name	Class C
Class ID	C000010625

Series ID Record:36

Series Name	Basic Materials Fund
Series ID	S000003810

Class ID Record:1

Class Name	Investor Class
Class ID	C000010626

Class ID Record:2

Class Name	Class H
Class ID	C000010627

Class ID Record:3

Class Name	Class A
Class ID	C000010628

Class ID Record:4

Class Name	Class C
Class ID	C000010629

Series ID Record:37

Series Name	Consumer Products Fund
Series ID	S000003811

Class ID Record:1

Class Name	Investor Class
Class ID	C000010630

Class ID Record:2

Class Name	Class H
Class ID	C000010631

Class ID Record:3

Class Name	Class A
Class ID	C000010632

Class ID Record:4

Class Name	Class C
Class ID	C000010633

Series ID Record:38

Series Name	Leisure Fund
Series ID	S000003812

Class ID Record:1

Class Name	Investor Class
Class ID	C000010634

Class ID Record:2

Class Name	Class H
Class ID	C000010635

Class ID Record:3

Class Name	Class A
Class ID	C000010636

Class ID Record:4

Class Name	Class C
Class ID	C000010637

Series ID Record:39

Series Name	Retailing Fund
Series ID	S000003813

Class ID Record:1

Class Name	Investor Class
Class ID	C000010638

Class ID Record:2

Class Name	Class H
Class ID	C000010639

Class ID Record:3

Class Name	Class A
Class ID	C000010640

Class ID Record:4

Class Name	Class C
Class ID	C000010641

Series ID Record:40

Series Name	S&P 500 Fund
Series ID	S000012221

Class ID Record:1

Class Name	Class A
Class ID	C000033368

Class ID Record:2

Class Name	Class C
Class ID	C000033369

Class ID Record:3

Class Name	Class H
Class ID	C000033370

Series ID Record:41

Series Name	Russell 2000 Fund
Series ID	S000012222

Class ID Record:1

Class Name	Class A
Class ID	C000033371

Class ID Record:2

Class Name	Class C
Class ID	C000033372

Class ID Record:3

Class Name	Class H
Class ID	C000033373

Series ID Record:42

Series Name	High Yield Strategy Fund
Series ID	S000015881

Class ID Record:1

Class Name	Class A
Class ID	C000043615

Class ID Record:2

Class Name	Class C
Class ID	C000043616

Class ID Record:3

Class Name	Class H
Class ID	C000043617

Series ID Record:43

Series Name	Inverse High Yield Strategy Fund
Series ID	S000015882

Class ID Record:1

Class Name	Class A
Class ID	C000043618

Class ID Record:2

Class Name	Class C
Class ID	C000043619

Class ID Record:3

Class Name	Class H
Class ID	C000043620

Series ID Record:44

Series Name	Emerging Markets 2x Strategy Fund
Series ID	S000018291

Class ID Record:1

Class Name	Class A
Class ID	C000050422

Class ID Record:2

Class Name	Class C
Class ID	C000050423

Class ID Record:3

Class Name	Class H
Class ID	C000050424

Series ID Record:45

Series Name	Inverse Emerging Markets 2x Strategy Fund
Series ID	S000018292

Class ID Record:1

Class Name	Class A
Class ID	C000050425

Class ID Record:2

Class Name	Class C
Class ID	C000050426

Class ID Record:3

Class Name	Class H
Class ID	C000050427

Series ID Record:46

Series Name	Japan 2x Strategy Fund
Series ID	S000018293

Class ID Record:1

Class Name	Class A
Class ID	C000050428

Class ID Record:2

Class Name	Class C
Class ID	C000050429

Class ID Record:3

Class Name	Class H
Class ID	C000050430

Series ID Record:47

Series Name	Emerging Markets Bond Strategy Fund
Series ID	S000041673

Class ID Record:1

Class Name	Class A
Class ID	C000129378

Class ID Record:2

Class Name	Class C
Class ID	C000129379

Class ID Record:3

Class Name	Class H
Class ID	C000129380

Series ID Record:48

Series Name	Monthly Rebalance NASDAQ-100 2x Strategy Fund
Series ID	S000047391

Class ID Record:1

Class Name	Class H
Class ID	C000148762

Class ID Record:2

Class Name	Class A
Class ID	C000148763

Class ID Record:3

Class Name	Class C
Class ID	C000148764

Series ID Record:49

Series Name	Dow Jones Industrial Average Fund
Series ID	S000051596

Class ID Record:1

Class Name	Class H
Class ID	C000162316

Class ID Record:2

Class Name	Class A
Class ID	C000162317

Class ID Record:3

Class Name	Class C
Class ID	C000162318

3. Investment Company Act File Number:

811-07584

Securities Act File Number Record:1

Securities Act File Number:

033-59692

4(a). Last day of fiscal year for which this Form is filed:	03/31/2022
4(b). Check box if this Form is being filed late (i.e., more than 90 calendar days after the end of the issuer’s fiscal year). (See Instruction A.2) Note: If the Form is being filed late, interest must be paid on the registration fee due.
4(c). Check box if this is the last time the issuer will be filing this Form.

5. Calculation of registration fee (if calculating on a class-by-class or series-by- series basis, provide the EDGAR identifier for each such class or series):

Series or Class (Contract) ID
(i) Aggregate sale price of securities sold during the fiscal year pursuant to section 24(f):	26301566767.00
(ii) Aggregate price of securities redeemed or repurchased during the fiscal year:	26425695712.00
(iii) Aggregate price of securities redeemed or repurchased during any prior fiscal year ending no earlier than October 11, 1995 that were not previously used to reduce registration fees payable to the Commission:	3295448014.00
(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]:	29721143726.00
(v) Net sales -- if Item 5(i) is greater than Item 5(iv) [subtract Item 5(iv) from Item 5(i)]:	0.00
vi) Redemption credits available for use in future years -- if Item 5(i) is less than Item 5(iv) [subtract Item 5(iv) from Item 5(i)]:	(3419576959.00)
(vii) Multiplier for determining registration fee (See Instruction C.9):	0.000092700
viii) Registration fee due [multiply Item 5(v) by Item 5(vii)] (enter "0" if no fee is due):	0.00

6. Prepaid Shares

If the response to Item 5(i) was determined by deducting an amount of securities that were registered under the Securities Act of 1933 pursuant to rule 24e-2 as in effect before October 11, 1997, then report the amount of securities (number of shares or other units) deducted here:
If there is a number of shares or other units that were registered pursuant to rule 24e-2 remaining unsold at the end of the fiscal year for which this form is filed that are available for use by the issuer in future fiscal years, then state that number here:

7. Interest due -- if this Form is being filed more than 90 days after the end of the issuer’s fiscal year (see Instruction D):

0.00

8. Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:

0.00

9. Explanatory Notes (if any):

Signatures

This report has been signed below by the following persons on behalf of the issuer and in the capacities and on the dates indicated. By (Signature and Title)*

Name and Title	Jon Szafran, Assistant Treasurer
Date	06/24/2022
Signature	/s/ Jon Szafran