Direxion Monthly High Yield Bull 1.2X Fund Investor Class (DXHYX)
| Fund Assets | 7.15M |
| Expense Ratio | 1.71% |
| Min. Investment | $25,000 |
| Turnover | 913.00% |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 5.15% |
| Dividend Growth | 26.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 17, 2026 |
| Previous Close | 17.46 |
| YTD Return | -0.69% |
| 1-Year Return | 5.73% |
| 5-Year Return | 9.50% |
| 52-Week Low | 16.62 |
| 52-Week High | 17.90 |
| Beta (5Y) | 0.50 |
| Holdings | 7 |
| Inception Date | Feb 17, 2016 |
About DXHYX
Direxion Monthly High Yield Bull 1.2X Fund Investor Class is a leveraged mutual fund designed to provide monthly returns equal to 120% of the calendar month performance of the Solactive High Yield Beta Index, before fees and expenses. This index comprises an equal-weighted portfolio of three high-yield U.S. corporate bond ETFs, with allocations adjusted monthly to reflect strategy changes. By employing derivatives and a monthly rebalancing approach, the fund targets magnified exposure to the high-yield segment of the U.S. corporate bond market, aiming to capitalize on short-term trends in lower-rated, higher-risk debt securities. Leveraged mutual funds like this one play a specialized role in financial markets by amplifying the potential impact of sector or credit cycle movements, generally appealing to active traders seeking enhanced monthly returns rather than passive long-term investors. The fund is notable for its active management of risk through rebalancing and its focus on the consumer, communications, financial, and energy sectors, mirroring the diversification of the underlying index. Given its leveraged nature, this fund is intended for sophisticated participants who closely monitor their exposure and are familiar with the risks of compounding and leverage in fixed-income strategies.
Performance
DXHYX had a total return of 5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.79%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| U.S. Bank Money Market Deposit Account | n/a | 64.86% |
| State Street SPDR Bloomberg High Yield Bond ETF | JNK | 16.83% |
| 197103HYSUBS12172025 | n/a | 16.68% |
| iShares iBoxx $ High Yield Corporate Bond ETF | HYG | 16.53% |
| US DOLLARS | n/a | 0.67% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 0.28% |
| Cash Offset | n/a | -15.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 17, 2026 | $0.03495 | Mar 17, 2026 |
| Feb 18, 2026 | $0.07691 | Feb 18, 2026 |
| Jan 16, 2026 | $0.05674 | Jan 16, 2026 |
| Nov 18, 2025 | $0.04047 | Nov 18, 2025 |
| Oct 16, 2025 | $0.09024 | Oct 16, 2025 |
| Sep 16, 2025 | $0.05767 | Sep 16, 2025 |