Direxion Monthly Small Cap Bull 1.75X Fund (DXRLX)
| Fund Assets | 7.81M |
| Expense Ratio | 1.49% |
| Min. Investment | $25,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.20 |
| Dividend Yield | 1.45% |
| Dividend Growth | 113.77% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jan 2, 2025 |
| Previous Close | 82.71 |
| YTD Return | -0.61% |
| 1-Year Return | -3.81% |
| 5-Year Return | 68.03% |
| 52-Week Low | 54.26 |
| 52-Week High | 101.13 |
| Beta (5Y) | 2.05 |
| Holdings | 5 |
| Inception Date | Feb 22, 1999 |
About DXRLX
The Direxion Monthly Small Cap Bull 1.75X Fund is a leveraged mutual fund designed to seek monthly investment returns that are 175% of the calendar month performance of the Russell 2000 Index, before fees and expenses. This fund aims to magnify the gains (or losses) of the benchmark index by employing derivative instruments and leveraging its exposure to U.S. small-capitalization equities. Its underlying benchmark, the Russell 2000 Index, represents roughly 2,000 small-cap U.S. companies, offering broad exposure to this segment of the equity market. The fund uses a monthly rebalancing strategy to maintain its stated leverage, reacting to gains by increasing exposure and to losses by reducing it. While this approach allows for the potential capture of short-term market trends in the small-cap sector, it also introduces significant risks and higher volatility, making it geared toward investors with a strong understanding of leveraged products and who actively manage their positions. The Direxion Monthly Small Cap Bull 1.75X Fund plays a specialized role in the market by providing tactical, short-term amplified exposure to U.S. small-cap equities.
Performance
DXRLX had a total return of -3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.99%.
Top 10 Holdings
67.67% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Russell 2000 ETF | IWM | 46.56% |
| Goldman Sachs Financial Square Treasury Instruments Fund | FTIXX | 20.68% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 10.96% |
| 542400RTYUBS12172025 | n/a | -0.75% |
| 542400RTYML12112025 | n/a | -9.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 2, 2025 | $1.20028 | Jan 2, 2025 |
| Jan 2, 2024 | $0.56149 | Jan 2, 2024 |
| Dec 10, 2021 | $0.92858 | Dec 10, 2021 |
| Jan 2, 2020 | $0.627 | Jan 2, 2020 |
| Jul 26, 2019 | $2.76192 | Jul 26, 2019 |
| Dec 13, 2018 | $3.98699 | Dec 13, 2018 |