Continue to site >
Trending ETFs

Name

As of 03/27/2024

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

Midas Fund

MIDSX | Fund

$1.03

$8.82 M

0.00%

4.25%

Vitals

YTD Return

-6.4%

1 yr return

-14.2%

3 Yr Avg Return

-7.7%

5 Yr Avg Return

-2.5%

Net Assets

$8.82 M

Holdings in Top 10

81.1%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 4.25%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee 1.00%


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

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

Midas Fund

MIDSX | Fund

$1.03

$8.82 M

0.00%

4.25%

MIDSX - Profile

Distributions

  • YTD Total Return -6.4%
  • 3 Yr Annualized Total Return -7.7%
  • 5 Yr Annualized Total Return -2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.91%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Midas Fund
  • Fund Family Name
    Midas
  • Inception Date
    Jun 30, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Winmill

Fund Description

Under normal circumstances, in pursuit of its investment objectives, the Fund’s investment strategy is to invest principally in (i) securities (e.g., common and preferred stocks, bonds, convertible securities, etc.) of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum, other precious metals, or other natural resources (“Natural Resources Companies”); and (ii) gold, silver, and platinum bullion and coins; provided, however, that the Fund’s investment adviser, Midas Management Corporation (the “Investment Manager”), may invest in any type of equity security (e.g., common and preferred stocks) and in companies of any size, industry or sector, including both domestic and foreign companies, that the Investment Manager believes may achieve the Fund’s investment objectives.  Up to 35% of the Fund’s total assets may be invested in fixed income securities of any issuer, including U.S. government securities, of any credit quality or maturity, although the Fund has no current intention of investing more than 5% of its total assets in fixed income securities rated less than investment grade (also known as “junk bonds”).   The Fund concentrates its investments by investing at least 25% of its total assets in Natural Resource Companies. 
The Investment Manager seeks to invest in companies that it believes have attractive fundamentals and often looks at company characteristics such as people, projects, and pricing.  A security is typically sold when its potential to meet the Fund’s investment objectives is limited or exceeded by another potential investment opportunity, when an investment in an issuer no longer appears to meet the Fund’s investment objectives, or when the Fund must raise cash to meet shareholder redemptions.  In seeking to enhance returns, the Fund may use futures, options, and short sales, and may use leverage to the extent permitted under the Investment Company Act of 1940, as amended (the “1940 Act”).  The Fund may trade securities actively in pursuit of its investment objectives.  The Fund also may lend its portfolio securities to brokers, dealers, and other financial institutions. 
The Fund may, from time to time, under adverse market, economic, political, or other conditions, take temporary defensive positions and invest some or all of its assets in cash, bank deposits, money market funds, money market securities of U.S. and foreign issuers, short term bonds, repurchase agreements, and similar investments.  When the Fund takes such a temporary defensive position, it may not achieve its investment objectives. 
Read More

MIDSX - Performance

Return Ranking - Trailing

Period MIDSX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.4% -17.6% 2.6% 98.46%
1 Yr -14.2% -36.6% 5.3% 96.92%
3 Yr -7.7%* -21.6% 4.9% 92.31%
5 Yr -2.5%* -3.4% 11.3% 100.00%
10 Yr -3.6%* -4.1% 5.4% 96.15%

* Annualized

Return Ranking - Calendar

Period MIDSX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.8% -19.2% 10.1% 92.31%
2022 -11.1% -32.9% -1.3% 26.15%
2021 -19.2% -51.0% 70.4% 86.15%
2020 10.6% 10.6% 63.4% 100.00%
2019 30.6% -1.0% 54.7% 94.83%

Total Return Ranking - Trailing

Period MIDSX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.4% -17.6% 2.6% 98.46%
1 Yr -14.2% -36.6% 5.3% 96.92%
3 Yr -7.7%* -21.6% 4.9% 92.31%
5 Yr -2.5%* -3.4% 11.3% 100.00%
10 Yr -3.6%* -4.1% 5.4% 96.15%

* Annualized

Total Return Ranking - Calendar

Period MIDSX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.8% -19.2% 12.3% 93.85%
2022 -11.1% -32.9% 2.7% 30.77%
2021 -19.2% -23.6% 80.2% 95.38%
2020 10.6% 10.6% 70.6% 100.00%
2019 30.6% 0.7% 58.5% 94.83%

NAV & Total Return History


MIDSX - Holdings

Concentration Analysis

MIDSX Category Low Category High MIDSX % Rank
Net Assets 8.82 M 6.95 M 11 B 100.00%
Number of Holdings 24 24 271 100.00%
Net Assets in Top 10 9.07 M 9.07 M 8.36 B 100.00%
Weighting of Top 10 81.15% 36.1% 81.1% 1.54%

Top 10 Holdings

  1. Agnico Eagle Mines Ltd. 14.72%
  2. Northern Star Resources Ltd. 10.41%
  3. B2Gold Corp. 7.78%
  4. Evolution Mining Ltd. 7.72%
  5. SSR Mining, Inc. 7.70%
  6. Lundin Gold Inc 7.68%
  7. Endeavour Mining PLC 7.64%
  8. SPDR Gold Shares ETF 6.16%
  9. Royal Gold, Inc. 5.74%
  10. Dundee Precious Metals, Inc. 5.61%

Asset Allocation

Weighting Return Low Return High MIDSX % Rank
Stocks
118.45% 70.17% 118.45% 1.54%
Cash
0.00% 0.00% 8.75% 84.62%
Preferred Stocks
0.00% 0.00% 0.84% 27.69%
Other
0.00% -1.12% 20.94% 63.08%
Convertible Bonds
0.00% 0.00% 0.00% 27.69%
Bonds
0.00% 0.00% 3.79% 33.85%

Stock Sector Breakdown

Weighting Return Low Return High MIDSX % Rank
Basic Materials
100.00% 93.10% 100.00% 16.92%
Utilities
0.00% 0.00% 0.02% 30.77%
Technology
0.00% 0.00% 0.19% 30.77%
Real Estate
0.00% 0.00% 0.00% 27.69%
Industrials
0.00% 0.00% 4.56% 35.38%
Healthcare
0.00% 0.00% 0.00% 27.69%
Financial Services
0.00% 0.00% 0.14% 29.23%
Energy
0.00% 0.00% 2.88% 33.85%
Communication Services
0.00% 0.00% 0.00% 27.69%
Consumer Defense
0.00% 0.00% 0.00% 27.69%
Consumer Cyclical
0.00% 0.00% 2.75% 29.23%

Stock Geographic Breakdown

Weighting Return Low Return High MIDSX % Rank
US
61.14% 1.10% 101.19% 20.00%
Non US
57.31% 0.00% 95.25% 55.38%

MIDSX - Expenses

Operational Fees

MIDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.25% 0.39% 4.25% 1.54%
Management Fee 1.00% 0.35% 1.00% 95.38%
12b-1 Fee 0.25% 0.00% 1.00% 28.57%
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

MIDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

MIDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 100.00%

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.

MIDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 1.00% 114.00% 1.59%

MIDSX - Distributions

Dividend Yield Analysis

MIDSX Category Low Category High MIDSX % Rank
Dividend Yield 0.00% 0.00% 5.05% 76.92%

Dividend Distribution Analysis

MIDSX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual SemiAnnual SemiAnnual

Net Income Ratio Analysis

MIDSX Category Low Category High MIDSX % Rank
Net Income Ratio -1.91% -18.00% 5.11% 98.46%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MIDSX - Fund Manager Analysis

Managers

Thomas Winmill


Start Date

Tenure

Tenure Rank

Jan 02, 2002

20.42

20.4%

Thomas B. Winmill has acted as portfolio manager since 2002. He has been president of the investment manager since 1995 and the distributor since 1991. He also serves as President, Chief Executive Officer, Chairman, Chief Legal Officer, and a Trustee. He has served as a member of the investment manager's IPC since 1990. As the current Chairman of the IPC, he helps establish general investment guidelines. Winmill is a member of the New York Section member society of the American Institute of Mining, Metallurgical, and Petroleum Engineers, Inc.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 34.34 11.89 1.3