FundX Conservative Upgrader Fund
Name
As of 10/06/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$63.5 M
Holdings in Top 10
59.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 84.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/06/2023Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
RELAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.16%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFundX Conservative Upgrader Fund
-
Fund Family NameFund X
-
Inception DateSep 02, 2014
-
Shares Outstanding1975878
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSean McKeon
Fund Description
Because markets change, the Advisor actively manages the Fund’s portfolio using a proprietary investment strategy called Upgrading, which seeks to capture global market trends. The Advisor invests in the Underlying Funds that it considers to be in sync with current market leadership. The Advisor sells an Underlying Fund when it believes that the Underlying Fund is no longer performing in sync with current market leadership or if a new Underlying Fund is judged more attractive than a current holding. | Upgrading |
When a fund begins to lag its peers, the Advisor redeems the shares and directs the proceeds to a better performing alternative. The Advisor classifies the pool of Underlying Funds into five risk/return categories: 1.Sector Equity Underlying Funds 2.Aggressive Equity Underlying Funds 3.Core Equity Underlying Funds 4.Total Return Underlying Funds 5.Bond Underlying Funds | |
Under normal market conditions, the Conservative Fund may invest in Core Equity Underlying Funds, which generally invest in diversified | |
portfolios of equity securities of well-established U.S. and foreign companies with a wide range of market capitalizations. Core Equity Underlying Funds may also invest in fixed income securities. Core Equity Underlying Funds allow the Fund to participate in broad stock market leadership trends, such as the rotation between growth and value stocks, large- and small-cap stocks, and international and domestic stocks. The Conservative Fund may purchase, without limit, shares of Underlying Funds that invest in domestic, international and global securities. |
RELAX - Performance
Return Ranking - Trailing
Period | RELAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -14.8% | 44.2% | 55.23% |
1 Yr | N/A | -17.1% | 36.8% | 63.60% |
3 Yr | N/A* | -21.8% | 12.1% | 51.28% |
5 Yr | N/A* | -12.4% | 14.9% | 25.00% |
10 Yr | N/A* | -5.3% | 7.7% | 14.09% |
* Annualized
Return Ranking - Calendar
Period | RELAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -26.7% | -48.5% | 0.1% | 91.60% |
2022 | 9.5% | -19.0% | 48.3% | 21.10% |
2021 | 8.0% | -16.5% | 52.8% | 36.32% |
2020 | 13.0% | -8.5% | 27.3% | 32.57% |
2019 | -10.7% | -29.6% | 1.6% | 57.92% |
Total Return Ranking - Trailing
Period | RELAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -14.8% | 44.2% | 55.23% |
1 Yr | N/A | -17.1% | 36.8% | 63.60% |
3 Yr | N/A* | -21.8% | 12.1% | 51.28% |
5 Yr | N/A* | -12.4% | 14.9% | 25.00% |
10 Yr | N/A* | -5.3% | 7.7% | 13.42% |
* Annualized
Total Return Ranking - Calendar
Period | RELAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.5% | -48.5% | 4.6% | 39.08% |
2022 | 9.9% | -14.2% | 48.3% | 60.34% |
2021 | 11.6% | -11.7% | 77.4% | 27.80% |
2020 | 19.0% | -3.9% | 30.2% | 16.06% |
2019 | -3.1% | -28.0% | 2.6% | 18.81% |
NAV & Total Return History
RELAX - Holdings
Concentration Analysis
RELAX | Category Low | Category High | RELAX % Rank | |
---|---|---|---|---|
Net Assets | 63.5 M | 1.67 M | 13.2 B | 69.58% |
Number of Holdings | 26 | 2 | 1817 | 68.75% |
Net Assets in Top 10 | 36.6 M | -12.6 M | 10 B | 71.25% |
Weighting of Top 10 | 59.04% | -61.8% | 131.5% | 64.58% |
Top 10 Holdings
- Gateway Fund 8.26%
- Value Line Capital Appreciation Fund Inc 7.70%
- Fidelity Advisor Balanced Fund 7.48%
- FPA Crescent Fund 7.42%
- Vanguard STAR Fund 7.40%
- Vanguard Intermediate-Term Bond ETF 4.54%
- BlackRock Sustainable Balanced Fund Inc 4.45%
- iShares Broad USD Investment Grade Corporate Bond ETF 4.27%
- Permanent Portfolio 3.89%
- Schwab U.S. Large-Cap Growth ETF 3.63%
Asset Allocation
Weighting | Return Low | Return High | RELAX % Rank | |
---|---|---|---|---|
Stocks | 99.19% | 0.00% | 144.00% | 17.50% |
Cash | 0.85% | -33.22% | 170.99% | 82.08% |
Convertible Bonds | 0.76% | 0.00% | 8.92% | 22.08% |
Preferred Stocks | 0.00% | 0.00% | 5.36% | 44.58% |
Other | 0.00% | -153.73% | 159.01% | 54.58% |
Bonds | 0.00% | 0.00% | 106.59% | 57.92% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RELAX % Rank | |
---|---|---|---|---|
Financial Services | 14.05% | 0.00% | 98.22% | 30.54% |
Technology | 11.99% | 0.00% | 85.77% | 66.50% |
Healthcare | 10.96% | 0.00% | 38.63% | 57.64% |
Industrials | 10.57% | 0.00% | 23.85% | 31.03% |
Consumer Cyclical | 9.61% | 0.00% | 25.83% | 42.86% |
Real Estate | 9.46% | 0.00% | 99.45% | 22.17% |
Consumer Defense | 8.34% | 0.00% | 37.51% | 31.53% |
Utilities | 8.10% | 0.00% | 91.12% | 14.29% |
Energy | 7.23% | 0.00% | 60.89% | 33.99% |
Basic Materials | 5.00% | 0.00% | 56.73% | 34.48% |
Communication Services | 4.69% | 0.00% | 21.61% | 59.61% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RELAX % Rank | |
---|---|---|---|---|
US | 99.19% | 0.00% | 144.00% | 17.08% |
Non US | 0.00% | -1.94% | 44.47% | 48.33% |
RELAX - Expenses
Operational Fees
RELAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.02% | 0.49% | 5.48% | 35.42% |
Management Fee | 1.00% | 0.00% | 1.50% | 73.75% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.70% | 36.90% |
Sales Fees
RELAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
RELAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
RELAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 84.00% | 1.75% | 441.00% | 44.33% |
RELAX - Distributions
Dividend Yield Analysis
RELAX | Category Low | Category High | RELAX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.57% | 0.00% | 12.71% | 45.19% |
Dividend Distribution Analysis
RELAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Monthly |
Net Income Ratio Analysis
RELAX | Category Low | Category High | RELAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.16% | -2.01% | 13.72% | 68.33% |
Capital Gain Distribution Analysis
RELAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 04, 2021 | $0.184 | OrdinaryDividend |
Jan 02, 2019 | $0.162 | OrdinaryDividend |
Jan 02, 2018 | $0.523 | OrdinaryDividend |
Jan 03, 2017 | $0.545 | OrdinaryDividend |
Jan 04, 2016 | $0.539 | OrdinaryDividend |
RELAX - Fund Manager Analysis
Managers
Sean McKeon
Start Date
Tenure
Tenure Rank
Jul 01, 2002
19.93
19.9%
McKeon is principal and portfolio manager with FundX Investment Group, LLC since 1990.
Martin DeVault
Start Date
Tenure
Tenure Rank
Jul 01, 2002
19.93
19.9%
Martin DeVault is Principal and Portfolio Manager with FundX Investment Group, LLC since 1992.
Janet Brown
Start Date
Tenure
Tenure Rank
Jul 01, 2002
19.93
19.9%
Janet Brown is a president and portfolio manager with FundX Investment Group, LLC since 1978.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.83 | 6.69 | 13.0 |