Direxion Monthly NASDAQ-100 Bull 1.25X Fund (DXNLX)
| Fund Assets | 7.50M |
| Expense Ratio | 1.34% |
| Min. Investment | $25,000 |
| Turnover | 820.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 0.84% |
| Dividend Growth | -57.34% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Jan 2, 2026 |
| Previous Close | 112.68 |
| YTD Return | 20.38% |
| 1-Year Return | 35.76% |
| 5-Year Return | 110.11% |
| 52-Week Low | 84.16 |
| 52-Week High | 119.86 |
| Beta (5Y) | 1.50 |
| Holdings | 6 |
| 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 35.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 23.76%.
Top Holdings
110.42% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. Bank Money Market Deposit Account 5 | USBFS04 | 57.48% |
| Invesco QQQ Trust Series I | QQQ | 35.88% |
| Goldman Sachs Financial Square Treasury Instruments Fund | FTIXX | 15.19% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 1.91% |
| EXCHANGE INDEX US NDX SWAP-L | n/a | 0.07% |
| EXCHANGE INDEX US SWAP-L | n/a | -0.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 2, 2026 | $0.95212 | Jan 2, 2026 |
| 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 |