DXLTX: Direxion Monthly 25+ Year Treasury Bull 1.35X Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Direxion Monthly 25+Yr Trs Bull1.35X Inv

DXLTX - Snapshot

Vitals

  • YTD Return -20.1%
  • 3 Yr Annualized Return 4.5%
  • 5 Yr Annualized Return 1.3%
  • Net Assets $7.21 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$22.13
$21.22
$31.28

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.81%

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 Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Trading--Leveraged Debt

Compare DXLTX to Popular Leveraged Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$22.97

-1.29%

$178.69 M

0.07%

$0.02

-34.63%

0.98%

$38.66

-0.62%

$172.46 M

0.65%

$0.25

-17.85%

1.07%

$21.35

-0.10%

$56.43 M

3.09%

$0.66

0.44%

1.40%

$35.46

-0.54%

$28.21 M

0.00%

$0.00

-10.74%

1.56%

$47.06

-0.63%

$23.95 M

-

$0.00

-24.05%

1.17%

DXLTX - Profile

Distributions

  • YTD Total Return -20.1%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Direxion Monthly 25+ Year Treasury Bull 1.35X Fund
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Nov 02, 2015
  • Shares Outstanding
    334734
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Tony Ng

Fund Description

The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, ETFs that track the index and other financial instruments that provide monthly exposure to the index or ETFs that track the index. 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.


DXLTX - Performance

Return Ranking - Trailing

Period DXLTX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -34.6% 1.8% 86.67%
1 Yr -26.1% -46.8% 38.7% 76.47%
3 Yr 4.5%* 3.7% 10.3% 82.35%
5 Yr 1.3%* -0.5% 11.3% 76.47%
10 Yr N/A* 5.0% 11.2% N/A

* Annualized

Return Ranking - Calendar

Period DXLTX Return Category Return Low Category Return High Rank in Category (%)
2020 17.4% -34.2% 36.0% 40.00%
2019 17.0% 1.6% 33.4% 46.67%
2018 -6.5% -100.0% -0.4% 35.29%
2017 9.9% -1.3% 22.2% 23.53%
2016 -1.3% -75.6% 26.1% 50.00%

Total Return Ranking - Trailing

Period DXLTX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -34.6% 1.8% 86.67%
1 Yr -26.1% -46.8% 38.7% 70.59%
3 Yr 4.5%* 3.2% 10.3% 76.47%
5 Yr 1.3%* -0.5% 11.3% 70.59%
10 Yr N/A* 5.0% 11.2% N/A

* Annualized

Total Return Ranking - Calendar

Period DXLTX Return Category Return Low Category Return High Rank in Category (%)
2020 17.4% -17.5% 36.0% 46.67%
2019 17.0% 4.0% 33.4% 46.67%
2018 -6.3% -100.0% -0.4% 41.18%
2017 10.0% -1.3% 22.2% 17.65%
2016 -1.3% -6.0% 26.1% 50.00%

NAV & Total Return History


DXLTX - Holdings

Concentration Analysis

DXLTX Category Low Category High DXLTX % Rank
Net Assets 7.21 M 763 K 179 M 82.35%
Number of Holdings 5 5 49 100.00%
Net Assets in Top 10 4.83 M 4.83 M 174 M 100.00%
Weighting of Top 10 N/A 53.2% 100.0% 8.88%

Top 10 Holdings

  1. 197101ICET25RTCS12102020 137.85%
  2. 197101ICET25RTCS12102020 137.85%
  3. 197101ICET25RTCS12102020 137.85%
  4. 197101ICET25RTCS12102020 137.85%
  5. 197101ICET25RTCS12102020 137.85%
  6. 197101ICET25RTCS12102020 137.85%
  7. 197101ICET25RTCS12102020 137.85%
  8. 197101ICET25RTCS12102020 137.85%
  9. 197101ICET25RTCS12102020 137.85%
  10. 197101ICET25RTCS12102020 137.85%

Asset Allocation

Weighting Return Low Return High DXLTX % Rank
Other
134.34% 0.00% 159.13% 14.29%
Stocks
0.00% -26.38% 199.21% 50.00%
Preferred Stocks
0.00% 0.00% 0.02% 57.14%
Convertible Bonds
0.00% 0.00% 1.60% 71.43%
Bonds
0.00% 0.00% 80.50% 92.86%
Cash
-34.34% -101.54% 100.00% 71.43%

DXLTX - Expenses

Operational Fees

DXLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.81% 0.98% 2.86% 28.57%
Management Fee 0.75% 0.50% 0.75% 52.94%
12b-1 Fee 0.25% 0.00% 1.00% 50.00%
Administrative Fee N/A 0.05% 0.20% N/A

Sales Fees

DXLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

DXLTX 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.

DXLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 392.00% 11.11%

DXLTX - Distributions

Dividend Yield Analysis

DXLTX Category Low Category High DXLTX % Rank
Dividend Yield 0.00% 0.00% 0.30% 52.94%

Dividend Distribution Analysis

DXLTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

DXLTX Category Low Category High DXLTX % Rank
Net Income Ratio 1.10% -0.91% 4.39% 35.71%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

DXLTX - Fund Manager Analysis

Managers

Tony Ng


Start Date

Tenure

Tenure Rank

Nov 02, 2015

5.41

5.4%

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

5.41

5.4%

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
1.99 27.26 10.89 1.99