Direxion Monthly NASDAQ-100® Bull 1.25X Fund (DXNLX)
| Fund Assets | 5.79M |
| Expense Ratio | 1.26% |
| Min. Investment | $25,000 |
| Turnover | n/a |
| Dividend (ttm) | 2.23 |
| Dividend Yield | 2.64% |
| Dividend Growth | 1,550.00% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 84.44 |
| YTD Return | 7.35% |
| 1-Year Return | 14.51% |
| 5-Year Return | 149.05% |
| 52-Week Low | 60.32 |
| 52-Week High | 86.56 |
| Beta (5Y) | 1.43 |
| Holdings | 5 |
| Inception Date | Mar 31, 2016 |
About DXNLX
The Direxion Monthly NASDAQ-100 Bull 1.25X Fund is a leveraged mutual fund designed to provide investors with amplified monthly returns based on the performance of the NASDAQ-100 Index. Its primary objective is to achieve investment results, before fees and expenses, that are 125% of the NASDAQ-100’s calendar month performance. This fund utilizes financial derivatives and other investment techniques to achieve its leveraged exposure, aiming to magnify both gains and losses in line with short-term market movements. The NASDAQ-100 Index, tracked by this fund, comprises 100 of the largest domestic and international non-financial companies listed on the NASDAQ Stock Market, encompassing major sectors such as technology, consumer services, and healthcare. By targeting a multiple of the index’s monthly returns, the fund offers a unique tool for investors who seek to actively manage their exposure to the technology-heavy NASDAQ-100 and potentially capitalize on short-term market trends. Given its leveraged nature and monthly rebalancing approach, this fund plays a distinct role in the market as a tactical trading vehicle rather than a traditional long-term investment option. It is most suitable for sophisticated investors who understand and actively monitor leverage risk, compounding effects, and market volatility.
Performance
DXNLX had a total return of 14.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.39%.
Top 10 Holdings
42.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco QQQ Trust Series I | QQQ | 30.35% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 8.57% |
| Goldman Sachs Financial Square Treasury Instruments Fund | FTIXX | 4.80% |
| 197104NDXML12112025 | n/a | -0.21% |
| 197104NDXUBS12172025 | n/a | -0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 2, 2025 | $2.23163 | Jan 2, 2025 |
| Jan 2, 2024 | $0.13525 | Jan 2, 2024 |
| Dec 10, 2021 | $4.77676 | Dec 10, 2021 |
| Dec 11, 2020 | $4.09454 | Dec 11, 2020 |
| Jan 2, 2020 | $2.2682 | Jan 2, 2020 |
| Dec 13, 2018 | $0.10848 | Dec 13, 2018 |