DXSTX: Direxion Monthly 25+Yr Trs Bear1.35X Inv

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DXSTX Direxion Monthly 25+Yr Trs Bear1.35X Inv


Profile

DXSTX - Profile

Vitals

  • YTD Return -26.9%
  • 3 Yr Annualized Return -16.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $118 K
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$10.14
$9.38
$14.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.20%

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 Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Trading--Inverse Debt

Distributions

  • YTD Total Return -26.9%
  • 3 Yr Annualized Total Return -16.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.12%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Direxion Monthly 25+ Year Treasury Bear 1.35X Fund
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 02, 2015
  • Shares Outstanding
    12281
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of its net assets (plus borrowing for investment purposes). The index is a market value weighted index that is designed to measure the performance of U.S. dollar-denominated, fixed-rate securities with minimum term to maturity greater than 25 years. The fund is non-diversified.


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Categories

DXSTX - Mutual Fund Categories


Performance

DXSTX - Performance

Return Ranking - Trailing

Period DXSTX Return Category Return Low Category Return High Rank in Category (%)
YTD -26.9% -49.8% -4.4% 66.67%
1 Yr -21.9% -53.2% -12.3% 50.00%
3 Yr -16.6%* -28.4% -16.6% 25.00%
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period DXSTX Return Category Return Low Category Return High Rank in Category (%)
2019 -20.7% -39.4% 11.9% 87.50%
2018 3.3% -20.3% 3.3% 20.00%
2017 -12.5% -30.7% -12.5% 50.00%
2016 -3.7% -3.7% -3.7% 100.00%
2015 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period DXSTX Return Category Return Low Category Return High Rank in Category (%)
YTD -26.9% -49.8% -4.4% 66.67%
1 Yr -21.9% -53.2% -12.3% 50.00%
3 Yr -16.6%* -28.4% -16.6% 25.00%
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period DXSTX Return Category Return Low Category Return High Rank in Category (%)
2019 -20.7% -39.4% 11.9% 87.50%
2018 3.3% -20.3% 3.3% 20.00%
2017 -12.5% -30.7% -12.5% 50.00%
2016 -3.7% -3.7% -3.7% 100.00%
2015 N/A N/A N/A N/A

NAV & Total Return History


Holdings

DXSTX - Holdings

Concentration Analysis

DXSTX Category Low Category High DXSTX % Rank
Net Assets 118 K 118 K 242 M 100.00%
Number of Holdings 5 5 32 100.00%
Net Assets in Top 10 -163 K -587 K 164 M 87.50%
Weighting of Top 10 N/A 58.5% 70.4% 28.57%

Top 10 Holdings

  1. 197102ICET25RTCS12112020 136.28%

Asset Allocation

Weighting Return Low Return High DXSTX % Rank
Cash
236.28% 35.37% 247.28% 25.00%
Preferred Stocks
0.00% 0.00% 0.00% 37.50%
Other
0.00% 0.00% 7.48% 62.50%
Convertible Bonds
0.00% 0.00% 0.00% 37.50%
Bonds
0.00% 0.00% 49.91% 87.50%
Stocks
-136.28% -147.28% 7.25% 87.50%

Expenses

DXSTX - Expenses

Operational Fees

DXSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.20% 1.48% 4.18% 75.00%
Management Fee 0.75% 0.75% 2.08% 8.33%
12b-1 Fee 0.25% 0.00% 1.00% 44.44%
Administrative Fee N/A N/A N/A N/A

Sales Fees

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

Trading Fees

DXSTX 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.

DXSTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 135.00% 25.00%

Distributions

DXSTX - Distributions

Dividend Yield Analysis

DXSTX Category Low Category High DXSTX % Rank
Dividend Yield 3.41% 2.29% 11.51% 75.00%

Dividend Distribution Analysis

DXSTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

DXSTX Category Low Category High DXSTX % Rank
Net Income Ratio 1.12% -0.52% 6.20% 41.67%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

DXSTX - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Nov 02, 2015

4.75

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.

Paul Brigandi


Start Date

Tenure

Tenure Rank

Nov 02, 2015

4.75

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.01 4.75 2.74 3.38