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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$17.64

$923 K

3.76%

$0.66

1.70%

Vitals

YTD Return

-17.8%

1 yr return

-8.5%

3 Yr Avg Return

-0.7%

5 Yr Avg Return

1.0%

Net Assets

$923 K

Holdings in Top 10

68.7%

52 WEEK LOW AND HIGH

$17.8
$17.64
$21.66

Expenses

OPERATING FEES

Expense Ratio 1.70%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$25,000

IRA

$25,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Trading--Leveraged Debt


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$17.64

$923 K

3.76%

$0.66

1.70%

DXHYX - Profile

Distributions

  • YTD Total Return -17.8%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.00%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Direxion Monthly High Yield Bull 1.2X Fund
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Feb 17, 2016
  • Shares Outstanding
    50512
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, 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 is a rules-based systematic strategy index calculated in U.S. Dollars that provides exposure to an equal weighted portfolio of three high yield ETFs. It is non-diversified.


DXHYX - Performance

Return Ranking - Trailing

Period DXHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -17.8% -29.9% -6.2% 38.46%
1 Yr -8.5% -38.8% 19.0% 20.00%
3 Yr -0.7%* -9.9% 9.3% 26.67%
5 Yr 1.0%* -5.0% 6.4% 26.67%
10 Yr N/A* -0.6% 6.0% N/A

* Annualized

Return Ranking - Calendar

Period DXHYX Return Category Return Low Category Return High Rank in Category (%)
2021 0.9% -19.9% 6.3% 15.38%
2020 -4.7% -34.2% 36.0% 61.54%
2019 1.6% -100.0% 33.4% 86.67%
2018 -8.2% -12.4% -0.4% 86.67%
2017 2.0% 2.0% 22.2% 100.00%

Total Return Ranking - Trailing

Period DXHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -17.8% -52.5% -17.0% 7.69%
1 Yr -8.5% -38.8% 19.0% 20.00%
3 Yr -0.7%* -9.9% 9.3% 26.67%
5 Yr 1.0%* -5.0% 6.4% 26.67%
10 Yr N/A* -0.6% 6.0% N/A

* Annualized

Total Return Ranking - Calendar

Period DXHYX Return Category Return Low Category Return High Rank in Category (%)
2021 0.9% -19.9% 6.3% 15.38%
2020 -4.7% -34.2% 36.0% 61.54%
2019 9.3% -100.0% 33.4% 80.00%
2018 -3.8% -12.4% -0.4% 40.00%
2017 5.1% 2.4% 22.2% 86.67%

NAV & Total Return History


DXHYX - Holdings

Concentration Analysis

DXHYX Category Low Category High DXHYX % Rank
Net Assets 923 K 763 K 326 M 87.50%
Number of Holdings 7 6 10 84.62%
Net Assets in Top 10 18.6 M 14.7 M 334 M 84.62%
Weighting of Top 10 68.68% 68.7% 100.0% 100.00%

Top 10 Holdings

  1. 197103Hyscs12102021 47.95%
  2. 197103Hyscs12102021 47.95%
  3. 197103Hyscs12102021 47.95%
  4. 197103Hyscs12102021 47.95%
  5. 197103Hyscs12102021 47.95%
  6. 197103Hyscs12102021 47.95%
  7. 197103Hyscs12102021 47.95%
  8. 197103Hyscs12102021 47.95%
  9. 197103Hyscs12102021 47.95%
  10. 197103Hyscs12102021 47.95%

Asset Allocation

Weighting Return Low Return High DXHYX % Rank
Bonds
44.57% 0.00% 86.57% 53.85%
Cash
31.90% -200.47% 97.54% 30.77%
Other
22.91% 0.00% 140.02% 38.46%
Convertible Bonds
0.58% 0.00% 0.58% 7.69%
Stocks
0.02% -29.99% 200.26% 30.77%
Preferred Stocks
0.01% 0.00% 0.01% 7.69%

Stock Sector Breakdown

Weighting Return Low Return High DXHYX % Rank
Energy
100.00% 100.00% 100.00% 100.00%
Utilities
0.00% 0.00% 0.00% 100.00%
Technology
0.00% 0.00% 0.00% 100.00%
Real Estate
0.00% 0.00% 0.00% 100.00%
Industrials
0.00% 0.00% 0.00% 100.00%
Healthcare
0.00% 0.00% 0.00% 100.00%
Financial Services
0.00% 0.00% 0.00% 100.00%
Communication Services
0.00% 0.00% 0.00% 100.00%
Consumer Defense
0.00% 0.00% 0.00% 100.00%
Consumer Cyclical
0.00% 0.00% 0.00% 100.00%
Basic Materials
0.00% 0.00% 0.00% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High DXHYX % Rank
US
0.02% -29.99% 200.26% 30.77%
Non US
0.00% 0.00% 0.00% 61.54%

Bond Sector Breakdown

Weighting Return Low Return High DXHYX % Rank
Cash & Equivalents
54.84% 0.00% 100.00% 33.33%
Corporate
45.15% 0.00% 45.15% 8.33%
Derivative
0.02% 0.00% 0.02% 8.33%
Securitized
0.00% 0.00% 2.50% 83.33%
Municipal
0.00% 0.00% 0.05% 83.33%
Government
0.00% 0.00% 100.00% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High DXHYX % Rank
US
38.82% 0.00% 86.57% 53.85%
Non US
5.75% 0.00% 5.75% 7.69%

DXHYX - Expenses

Operational Fees

DXHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.70% 0.75% 2.51% 18.75%
Management Fee 0.75% 0.50% 0.75% 75.00%
12b-1 Fee 0.25% 0.00% 1.00% 70.00%
Administrative Fee N/A 0.20% 0.20% N/A

Sales Fees

DXHYX 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

DXHYX 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.

DXHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 12.00% 12.00% 99.68%

DXHYX - Distributions

Dividend Yield Analysis

DXHYX Category Low Category High DXHYX % Rank
Dividend Yield 3.76% 0.00% 7.58% 6.25%

Dividend Distribution Analysis

DXHYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

DXHYX Category Low Category High DXHYX % Rank
Net Income Ratio 2.00% -2.17% 2.00% 7.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

DXHYX - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Feb 17, 2016

6.2

6.2%

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.

Paul Brigandi


Start Date

Tenure

Tenure Rank

Feb 17, 2016

6.2

6.2%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 28.34 9.66 14.14