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Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Monetta Fund

MONTX | Fund

$30.91

$76.6 M

0.00%

1.46%

Vitals

YTD Return

32.7%

1 yr return

33.0%

3 Yr Avg Return

7.8%

5 Yr Avg Return

14.0%

Net Assets

$76.6 M

Holdings in Top 10

49.9%

52 WEEK LOW AND HIGH

$30.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.46%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 55.20%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Monetta Fund

MONTX | Fund

$30.91

$76.6 M

0.00%

1.46%

MONTX - Profile

Distributions

  • YTD Total Return 32.7%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 14.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.93%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Monetta Fund
  • Fund Family Name
    Monetta
  • Inception Date
    May 06, 2013
  • Shares Outstanding
    2961424
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Bacarella

Fund Description

The Monetta Fund invests (at the time of investment) at least 65% of its net assets, under normal market conditions, in common stocks of companies of all market capitalization ranges, although Monetta Financial Services, Inc. (the “Adviser”) expects that the Fund will primarily invest in common stocks of large-cap companies (those with market capitalizations of at least $10 billion measured at the time of investment). The Fund may invest in more volatile sectors, which could result in a disproportionate return or loss compared to the S&P 500® Index, the Fund’s benchmark. As measured at the time of investment, the Fund may invest up to 5% of its net assets in exchange-traded funds (“ETFs”) and up to 10% of its net assets in foreign stocks, which is accomplished primarily through American Depositary Receipts (“ADRs”).
The Adviser employs a bottom-up, multi-faceted investment approach, which combines fundamental, technical, and macro-economic factors in its stock selection process. A stock’s relative volatility, versus that of its industry sector and the overall market, aids the Adviser in determining individual stocks’ buy and sell points.
The Adviser’s investment decisions for the Monetta Fund’s growth style of investing are based on the Adviser’s review of a company’s financial statements and other factors, including competitive landscape and recent product announcements. The Adviser also reviews quarterly earnings reports with an emphasis on management guidance. The Adviser generally
seeks to invest in companies with positive long-term earnings growth expectations and that the Adviser believes have favorable short-term technical and/or market factors, including price and volume trends, relative strength, and institutional interest. The Adviser seeks to invest in quality companies that have demonstrated a proven track record of earnings growth. The Adviser also emphasizes price direction, volume, and relative strength, which it believes to be harbingers of pending fundamental changes that could lead to more/less institutional ownership.
Depending on market conditions and the foregoing considerations, the Adviser may at times be very active in turning over the Fund’s portfolio. The Adviser’s investment decisions for the Fund’s growth style of investing are based on the Adviser’s determination that a company’s revenue and earnings growth have the potential to exceed market expectations and that the security is at an attractive entry point.
The Fund may make short-term investments, without limitation, for defensive purposes, which may provide lower returns than other types of investments. From time to time, the Fund may focus its investments in a particular sector, including the technology sector.
Read More

MONTX - Performance

Return Ranking - Trailing

Period MONTX Return Category Return Low Category Return High Rank in Category (%)
YTD 32.7% -5.9% 58.1% 52.09%
1 Yr 33.0% -3.8% 58.7% 52.82%
3 Yr 7.8%* -24.7% 27.3% 57.85%
5 Yr 14.0%* -14.9% 31.1% 73.52%
10 Yr 12.0%* -5.6% 22.1% 77.61%

* Annualized

Return Ranking - Calendar

Period MONTX Return Category Return Low Category Return High Rank in Category (%)
2023 31.3% -74.1% 72.4% 53.65%
2022 -33.1% -85.9% 4.7% 43.56%
2021 4.9% -52.4% 60.5% 62.11%
2020 24.1% -34.3% 145.0% 58.97%
2019 28.3% -6.9% 49.4% 28.75%

Total Return Ranking - Trailing

Period MONTX Return Category Return Low Category Return High Rank in Category (%)
YTD 32.7% -5.9% 58.1% 52.09%
1 Yr 33.0% -3.8% 58.7% 52.82%
3 Yr 7.8%* -24.7% 27.3% 57.85%
5 Yr 14.0%* -14.9% 31.1% 73.52%
10 Yr 12.0%* -5.6% 22.1% 77.61%

* Annualized

Total Return Ranking - Calendar

Period MONTX Return Category Return Low Category Return High Rank in Category (%)
2023 31.3% -4.6% 72.4% 71.81%
2022 -27.9% -61.7% 5.6% 32.16%
2021 17.8% -39.8% 118.1% 71.28%
2020 29.4% 2.8% 149.2% 73.04%
2019 28.3% -5.2% 49.4% 86.44%

NAV & Total Return History

MONTX - Holdings

Concentration Analysis

MONTX Category Low Category High MONTX % Rank
Net Assets 76.6 M 296 K 317 B 91.21%
Number of Holdings 51 2 3061 62.34%
Net Assets in Top 10 40.1 M 126 K 150 B 90.38%
Weighting of Top 10 49.94% 0.7% 205.0% 64.70%

Top 10 Holdings

  1. Amazon.com Inc. 7.31%
  2. Alphabet, Inc. - CL C 6.88%
  3. NVIDIA Corp. 6.81%
  4. Microsoft Corp. 6.44%
  5. Apple Inc. 6.39%
  6. JPMorgan Chase Co. 3.94%
  7. First American Government Obligations Fund 3.35%
  8. Costco Wholesale Corp. 3.31%
  9. Meta Platforms Inc. - CL A 2.85%
  10. Netflix, Inc. 2.65%

Asset Allocation

Weighting Return Low Return High MONTX % Rank
Stocks 		96.77% 0.00% 123.52% 84.66%
Cash 		3.35% 0.00% 173.52% 11.43%
Preferred Stocks 		0.00% 0.00% 8.45% 34.48%
Other 		0.00% -36.56% 42.58% 39.93%
Convertible Bonds 		0.00% 0.00% 1.94% 24.73%
Bonds 		0.00% 0.00% 102.71% 26.95%

Stock Sector Breakdown

Weighting Return Low Return High MONTX % Rank
Technology 		26.93% 0.00% 65.70% 76.91%
Consumer Cyclical 		17.84% 0.00% 62.57% 34.73%
Financial Services 		14.56% 0.00% 43.06% 14.55%
Communication Services 		12.20% 0.00% 66.40% 32.27%
Healthcare 		10.93% 0.00% 39.76% 66.09%
Industrials 		7.80% 0.00% 30.65% 25.18%
Energy 		4.80% 0.00% 41.09% 9.18%
Consumer Defense 		3.85% 0.00% 25.50% 47.55%
Basic Materials 		1.08% 0.00% 18.91% 53.45%
Utilities 		0.00% 0.00% 16.07% 46.55%
Real Estate 		0.00% 0.00% 16.05% 75.36%

Stock Geographic Breakdown

Weighting Return Low Return High MONTX % Rank
US 		96.77% 0.00% 123.52% 71.05%
Non US 		0.00% 0.00% 75.46% 47.01%

MONTX - Expenses

Operational Fees

MONTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.46% 0.01% 28.71% 20.22%
Management Fee 0.95% 0.00% 1.50% 93.14%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

MONTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MONTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

MONTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 55.20% 0.00% 316.74% 70.50%

MONTX - Distributions

Dividend Yield Analysis

MONTX Category Low Category High MONTX % Rank
Dividend Yield 0.00% 0.00% 27.58% 56.31%

Dividend Distribution Analysis

MONTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

MONTX Category Low Category High MONTX % Rank
Net Income Ratio -0.93% -6.13% 3.48% 85.71%

Capital Gain Distribution Analysis

MONTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MONTX - Fund Manager Analysis

Managers

Robert Bacarella

Start Date

Tenure

Tenure Rank

May 06, 1986

36.09

36.1%

Mr. Robert S. Bacarella is Chairman, President, and Director of Monetta Financial Services, Inc, which he founded in 1984. Mr. Robert S. Bacarella has been Chairman and CEO of Monetta since October 1996; Director of monetta since 1984; and President of Monetta from 1984 to 1996 and April 1997 to present. Mr. Bacarella was Director - Pension Fund Investments for Borg-Warner Corporation until 1989. He received his Bachelors Degree in Finance and Accounting from St. Joseph's College and his MBA from Roosevelt University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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