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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 Young Investor Growth Fund

MYIFX | Fund

$19.96

$39.7 M

6.25%

$1.22

1.65%

Vitals

YTD Return

31.7%

1 yr return

31.9%

3 Yr Avg Return

9.2%

5 Yr Avg Return

14.0%

Net Assets

$39.7 M

Holdings in Top 10

90.1%

52 WEEK LOW AND HIGH

$19.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 6.80%

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 Young Investor Growth Fund

MYIFX | Fund

$19.96

$39.7 M

6.25%

$1.22

1.65%

MYIFX - Profile

Distributions

  • YTD Total Return 31.7%
  • 3 Yr Annualized Total Return 9.2%
  • 5 Yr Annualized Total Return 14.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.44%
DIVIDENDS
  • Dividend Yield 6.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Monetta Young Investor Growth Fund
  • Fund Family Name
    Monetta
  • Inception Date
    Dec 12, 2006
  • Shares Outstanding
    2368686
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Bacarella

Fund Description

The Young Investor Growth Fund employs a “core-plus” investment approach, which includes an active and passive component. For the Fund’s “passive” component of its strategy, the Fund invests approximately 50% of its assets in exchange-traded funds (“ETFs”) that seek to track the S&P 500® Index (the “Index”) or other broad-based market indices that primarily include stocks of large capitalization U.S. companies. For the Fund’s “active” component, the balance of the Fund is directly invested in common stocks of companies of all market capitalization ranges and is diversified among industries and market sectors. However, the Adviser will primarily seek to invest in common stocks of large-cap companies (those with market capitalizations of at least $10 billion) that the Adviser considers to be high quality, well-known companies that produce products or provide services that are recognized by many investors.
In selecting individual stock investments, emphasis is placed on those companies that the Adviser believes to have above average long-term growth potential, a history of growth, a competitive advantage, and an established and experienced management team. The Adviser also considers price direction, volume, and relative strength of the issuers of such investments, which the Adviser believes to be harbingers of pending fundamental changes that could lead to more/less institutional ownership. Depending on market conditions and such considerations, the Adviser may at times be very active in turning over the non-ETF portion of the Young Investor Growth Fund’s portfolio. While the Adviser expects that the Fund’s assets will usually be invested approximately 50% in funds (passive component) and 50% in direct investments (active component), these percentages may vary significantly from time to time due to market conditions. The Fund intends to invest at least 30% of its assets in each component under normal market conditions. The Fund may invest up to 10% of its assets in foreign stocks, primarily through American Depositary Receipts (“ADRs”).
A bottom-up approach is used in selecting these investments by evaluating each company on the basis of its financial statements and operations. Factors such as a company’s industry leadership, competitive advantages, earnings growth, profit margins, sales trends, and dividends, as well as technical factors, are scrutinized as part of the Adviser’s analysis.
The combination of investing in a core index component and individual growth companies seeks to diversify the portfolio through the use of ETF investments while providing the Adviser with the opportunity to seek excess returns relative to the index in specific company investments.
The Fund may make short-term investments, without limitation, for defensive purposes, which may provide lower returns than other types of investments.
Read More

MYIFX - Performance

Return Ranking - Trailing

Period MYIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 31.7% -5.9% 58.1% 56.91%
1 Yr 31.9% -3.8% 58.7% 57.27%
3 Yr 9.2%* -24.7% 27.3% 39.00%
5 Yr 14.0%* -14.9% 31.1% 72.54%
10 Yr 12.4%* -5.6% 22.1% 73.54%

* Annualized

Return Ranking - Calendar

Period MYIFX Return Category Return Low Category Return High Rank in Category (%)
2023 23.4% -74.1% 72.4% 79.93%
2022 -31.2% -85.9% 4.7% 33.64%
2021 1.0% -52.4% 60.5% 72.22%
2020 -13.3% -34.3% 145.0% 99.81%
2019 23.2% -6.9% 49.4% 62.39%

Total Return Ranking - Trailing

Period MYIFX Return Category Return Low Category Return High Rank in Category (%)
YTD 31.7% -5.9% 58.1% 56.91%
1 Yr 31.9% -3.8% 58.7% 57.27%
3 Yr 9.2%* -24.7% 27.3% 39.00%
5 Yr 14.0%* -14.9% 31.1% 72.54%
10 Yr 12.4%* -5.6% 22.1% 73.54%

* Annualized

Total Return Ranking - Calendar

Period MYIFX Return Category Return Low Category Return High Rank in Category (%)
2023 32.7% -4.6% 72.4% 68.07%
2022 -25.8% -61.7% 5.6% 25.02%
2021 22.9% -39.8% 118.1% 43.31%
2020 20.5% 2.8% 149.2% 93.60%
2019 32.6% -5.2% 49.4% 55.25%

NAV & Total Return History

MYIFX - Holdings

Concentration Analysis

MYIFX Category Low Category High MYIFX % Rank
Net Assets 39.7 M 296 K 317 B 94.29%
Number of Holdings 22 2 3061 97.19%
Net Assets in Top 10 36.1 M 126 K 150 B 91.11%
Weighting of Top 10 90.05% 0.7% 205.0% 2.09%

Top 10 Holdings

  1. SPDR SP 500 ETF Trust 31.76%
  2. Vanguard SP 500 ETF 17.76%
  3. Amazon.com Inc. 9.29%
  4. Alphabet, Inc. - CL C 7.50%
  5. Apple Inc. 6.39%
  6. Microsoft Corp. 5.37%
  7. JPMorgan Chase Co. 4.47%
  8. Costco Wholesale Corp. 3.32%
  9. Netflix, Inc. 2.48%
  10. Meta Platforms Inc. - CL A 1.71%

Asset Allocation

Weighting Return Low Return High MYIFX % Rank
Stocks 		99.07% 0.00% 123.52% 47.64%
Cash 		1.10% 0.00% 173.52% 46.28%
Preferred Stocks 		0.00% 0.00% 8.45% 40.93%
Other 		0.00% -36.56% 42.58% 45.55%
Convertible Bonds 		0.00% 0.00% 1.94% 32.27%
Bonds 		0.00% 0.00% 102.71% 34.03%

Stock Sector Breakdown

Weighting Return Low Return High MYIFX % Rank
Technology 		27.09% 0.00% 65.70% 76.64%
Consumer Cyclical 		14.61% 0.00% 62.57% 59.00%
Financial Services 		14.54% 0.00% 43.06% 14.64%
Communication Services 		11.92% 0.00% 66.40% 35.09%
Healthcare 		10.05% 0.00% 39.76% 74.82%
Consumer Defense 		7.08% 0.00% 25.50% 11.09%
Industrials 		6.14% 0.00% 30.65% 54.27%
Energy 		4.62% 0.00% 41.09% 10.18%
Utilities 		1.39% 0.00% 16.07% 12.45%
Real Estate 		1.38% 0.00% 16.05% 43.27%
Basic Materials 		1.18% 0.00% 18.91% 49.91%

Stock Geographic Breakdown

Weighting Return Low Return High MYIFX % Rank
US 		99.07% 0.00% 123.52% 37.66%
Non US 		0.00% 0.00% 75.46% 52.72%

MYIFX - Expenses

Operational Fees

MYIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.65% 0.01% 28.71% 14.39%
Management Fee 0.55% 0.00% 1.50% 38.21%
12b-1 Fee 0.25% 0.00% 1.00% 35.10%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

MYIFX 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

MYIFX 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.

MYIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.80% 0.00% 316.74% 3.70%

MYIFX - Distributions

Dividend Yield Analysis

MYIFX Category Low Category High MYIFX % Rank
Dividend Yield 6.25% 0.00% 27.58% 61.04%

Dividend Distribution Analysis

MYIFX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

MYIFX Category Low Category High MYIFX % Rank
Net Income Ratio -0.44% -6.13% 3.48% 60.67%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MYIFX - Fund Manager Analysis

Managers

Robert Bacarella

Start Date

Tenure

Tenure Rank

Dec 12, 2006

15.48

15.5%

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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