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Direxion Monthly NASDAQ-100® Bull 1.25X Fund
mutual fund
DXNLX
Dividend policy
Active
Price as of:
$52.5804
+0.41
+0%
primary theme
Leveraged Equity
share class
DXNLX (Mutual Fund)
Direxion Monthly NASDAQ-100® Bull 1.25X Fund
Dividend policy
Active
Price as of:
$52.5804
+0.41
+0%
primary theme
Leveraged Equity
share class
DXNLX (Mutual Fund)
Direxion Monthly NASDAQ-100® Bull 1.25X Fund
Dividend policy
Active
Price as of:
$52.5804
+0.41
+0%
primary theme
Leveraged Equity
share class
DXNLX - Snapshot
Vitals
- YTD Return 0.8%
- 3 Yr Annualized Return 30.9%
- 5 Yr Annualized Return N/A
- Net Assets $12.3 M
- Holdings in Top 10 N/A
52 WEEK LOW AND HIGH
$52.17
$26.68
$55.16
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.62%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 0.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $25,000
- IRA $25,000
Fund Classification
- Primary Theme Leveraged Equity
- Fund Type Open End Mutual Fund
- Investment Style Trading--Leveraged Equity
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$92.03
-0.52%
$1.54 M
4.92%
$4.55
blocked
blocked
blocked
1.58%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$72.96
+1.36%
$2.19 B
0.40%
$0.29
blocked
blocked
blocked
20.00%
-
$605.80
+6.51%
$2.01 B
0.04%
$0.22
blocked
blocked
blocked
29.87%
-
DXNLX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 30.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.03%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDirexion Monthly NASDAQ-100® Bull 1.25X Fund
-
Fund Family NameDirexion Funds
-
Inception DateMar 31, 2016
-
Shares Outstanding235055
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Brigandi
Fund Description
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide monthly exposure to the index or to ETFs that track the index. The index includes 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market® based on market capitalization. The fund is non-diversified.
DXNLX - Performance
Return Ranking - Trailing
| Period | DXNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -77.4% | 59.9% | 82.86% |
| 1 Yr | 58.7% | -97.4% | 379.2% | 17.30% |
| 3 Yr | 30.9%* | -85.3% | 58.0% | 12.79% |
| 5 Yr | N/A* | -68.7% | 79.4% | N/A |
| 10 Yr | N/A* | -50.2% | 50.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | DXNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 38.0% | -77.6% | 1505.0% | 26.70% |
| 2019 | 46.3% | -58.1% | 806.3% | 44.64% |
| 2018 | -9.9% | -78.0% | 36.9% | 19.41% |
| 2017 | 29.3% | -70.1% | 314.9% | 52.44% |
| 2016 | N/A | -82.0% | 1431.2% | N/A |
Total Return Ranking - Trailing
| Period | DXNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -77.4% | 59.9% | 82.86% |
| 1 Yr | 58.7% | -97.4% | 379.2% | 17.30% |
| 3 Yr | 30.9%* | -85.3% | 58.0% | 12.79% |
| 5 Yr | N/A* | -68.7% | 79.4% | N/A |
| 10 Yr | N/A* | -50.2% | 50.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | DXNLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 38.0% | -97.4% | 379.3% | 23.86% |
| 2019 | 46.3% | -58.1% | 229.8% | 44.05% |
| 2018 | -3.4% | -74.3% | 36.9% | 10.00% |
| 2017 | 39.0% | -40.2% | 263.7% | 46.95% |
| 2016 | N/A | -62.9% | 167.0% | N/A |
NAV & Total Return History
DXNLX - Holdings
Concentration Analysis
| DXNLX | Category Low | Category High | DXNLX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.3 M | 445 K | 9.72 B | 72.34% |
| Number of Holdings | 6 | 6 | 2065 | 98.19% |
| Net Assets in Top 10 | 19 M | 10 | 22.9 B | 59.64% |
| Weighting of Top 10 | N/A | 9.1% | 100.0% | 7.74% |
Top 10 Holdings
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
- 197104NDXCS12112020 119.67%
Asset Allocation
| Weighting | Return Low | Return High | DXNLX % Rank | |
|---|---|---|---|---|
| Stocks | 114.88% | 0.00% | 300.00% | 19.88% |
| Preferred Stocks | 0.00% | 0.00% | 0.02% | 23.49% |
| Other | 0.00% | -4.08% | 182.99% | 37.35% |
| Convertible Bonds | 0.00% | 0.00% | 0.21% | 31.93% |
| Bonds | 0.00% | 0.00% | 50.94% | 33.13% |
| Cash | -14.88% | -200.00% | 100.00% | 79.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DXNLX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | N/A |
| Technology | 0.00% | 0.00% | 100.00% | N/A |
| Real Estate | 0.00% | 0.00% | 100.00% | N/A |
| Industrials | 0.00% | 0.00% | 100.00% | N/A |
| Healthcare | 0.00% | 0.00% | 100.00% | N/A |
| Financial Services | 0.00% | 0.00% | 100.00% | N/A |
| Energy | 0.00% | 0.00% | 100.00% | N/A |
| Communication Services | 0.00% | 0.00% | 100.00% | N/A |
| Consumer Defense | 0.00% | 0.00% | 64.70% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 94.35% | N/A |
| Basic Materials | 0.00% | 0.00% | 100.00% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DXNLX % Rank | |
|---|---|---|---|---|
| US | 111.72% | -2.12% | 299.97% | 19.28% |
| Non US | 3.16% | 0.00% | 194.19% | 26.51% |
DXNLX - Expenses
Operational Fees
| DXNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.62% | 0.88% | 9.92% | 60.37% |
| Management Fee | 0.75% | 0.00% | 0.95% | 24.34% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.46% |
| Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
| DXNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.75% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| DXNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| DXNLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 0.00% | 0.00% | 376.00% | 2.88% |
DXNLX - Distributions
Dividend Yield Analysis
| DXNLX | Category Low | Category High | DXNLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 28.44% | 49.21% |
Dividend Distribution Analysis
| DXNLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| DXNLX | Category Low | Category High | DXNLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.03% | -2.08% | 3.47% | 10.37% |
Capital Gain Distribution Analysis
| DXNLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
DXNLX - Fund Manager Analysis
Managers
Paul Brigandi
Start Date
Tenure
Tenure Rank
Mar 31, 2016
4.76
4.8%
Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.
Tony Ng
Start Date
Tenure
Tenure Rank
Mar 31, 2016
4.76
4.8%
Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.38 | 27.49 | 7.03 | 7.25 |
