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DXCTX Direxion Indexed Cmdty & Inc Strat Inv

  • Fund
  • DXCTX
  • Price as of: Jul 15, 2019
  • $13.07 - $0.06 - 0.46%
  • Category
  • Commodity Producers Equities

DXCTX - Profile

Vitals

  • YTD Return -3.7%
  • 3 Yr Annualized Return -6.3%
  • 5 Yr Annualized Return -6.2%
  • Net Assets $13.4 M
  • Holdings in Top 10 12.7%

52 WEEK LOW AND HIGH

$13.07
$12.61
$14.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.93%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Commodity Producers Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Commodities Broad Basket

Distributions

  • YTD Total Return -3.7%
  • 3 Yr Annualized Total Return -4.7%
  • 5 Yr Annualized Total Return -5.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.58%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Direxion Indexed Commodity & Income Strategy Fund
  • Fund Family Name Direxion Funds
  • Inception Date Jun 10, 2008
  • Shares Outstanding 253181
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Paul Brigandi

Fund Description

The fund is managed to track the performance of the index. It will invest up to 25% of its total assets in a wholly owned and controlled subsidiary (the "Subsidiary"). The fund is non-diversified.

DXCTX - Performance

Return Ranking - Trailing

Period DXCTX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.7% -4.3% 22.3% 100.00%
1 Yr -4.5% -43.5% 14.6% 26.03%
3 Yr -6.3%* -15.5% 6.0% 80.82%
5 Yr -6.2%* -22.5% 4.1% 15.94%
10 Yr -7.3%* -12.8% 9.2% 76.92%

* Annualized


Return Ranking - Calendar

Period DXCTX Return Category Return Low Category Return High Rank in Category (%)
2018 -0.8% -42.9% 0.0% 6.85%
2017 -12.9% -13.1% 19.1% 98.63%
2016 7.2% -5.7% 41.9% 75.34%
2015 -14.5% -35.0% 0.0% 10.96%
2014 -10.2% -34.3% -1.4% 13.43%

Total Return Ranking - Trailing

Period DXCTX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.7% -4.3% 22.3% 100.00%
1 Yr -4.5% -43.5% 14.6% 28.77%
3 Yr -4.7%* -15.5% 8.4% 80.82%
5 Yr -5.2%* -22.5% 6.1% 14.49%
10 Yr -6.8%* -12.8% 10.6% 76.92%

* Annualized


Total Return Ranking - Calendar

Period DXCTX Return Category Return Low Category Return High Rank in Category (%)
2018 -0.8% -42.9% 0.0% 6.85%
2017 -8.3% -8.3% 22.7% 100.00%
2016 7.2% -5.7% 47.3% 82.19%
2015 -14.5% -35.0% 0.6% 10.96%
2014 -10.2% -34.3% -0.8% 13.43%

NAV & Total Return History

DXCTX - Holdings

Concentration Analysis

DXCTX Category Low Category High DXCTX % Rank
Net Assets 13.4 M 1.24 M 5.98 B 89.04%
Number of Holdings 2 2 357 100.00%
Net Assets in Top 10 1.99 M -191 M 1.32 B 91.78%
Weighting of Top 10 12.71% 3.8% 210.8% 98.63%

Top 10 Holdings

  1. Direxion Cts Cayman Fund 12.71%


Asset Allocation

Weighting Return Low Return High DXCTX % Rank
Cash
87.29% -45.80% 106.89% 4.11%
Other
12.71% -6.89% 105.91% 52.05%
Stocks
0.00% -1.94% 99.45% 79.45%
Preferred Stocks
0.00% 0.00% 0.00% 69.86%
Convertible Bonds
0.00% 0.00% 1.12% 78.08%
Bonds
0.00% 0.00% 90.85% 97.26%

DXCTX - Expenses

Operational Fees

DXCTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.93% 0.05% 12.59% 23.29%
Management Fee 0.85% 0.00% 1.50% 54.79%
12b-1 Fee 0.25% 0.00% 1.00% 55.32%
Administrative Fee 0.05% 0.01% 0.45% 20.51%

Sales Fees

DXCTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.00% 5.75% 60.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

DXCTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.75% 2.00% 93.75%

Turnover 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.

DXCTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 1040.00% 17.81%

DXCTX - Distributions

Dividend Yield Analysis

DXCTX Category Low Category High DXCTX % Rank
Dividend Yield 0.00% 0.00% 0.49% 100.00%

Dividend Distribution Analysis

DXCTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

DXCTX Category Low Category High DXCTX % Rank
Net Income Ratio 0.58% -1.80% 2.06% 50.68%

Capital Gain Distribution Analysis

DXCTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

DXCTX - Managers

Paul Brigandi

Manager

Start Date

Tenure

Tenure Rank

Jun 10, 2008

11.06

11.1%

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

Manager

Start Date

Tenure

Tenure Rank

Dec 31, 2010

8.5

8.5%

Mr. 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

N/A

Category High

N/A

Category Average

N/A

Category Mode

N/A