About DXSLX
The Direxion Monthly S&P 500 Bull 1.75X Fund Investor Class is a leveraged mutual fund designed to amplify monthly returns based on the performance of the S&P 500 Index. The fund aims to achieve 175% of the S&P 500’s monthly performance, before fees and expenses, by employing financial instruments such as derivatives and equity securities that provide leveraged exposure. Its strategy is tailored for investors seeking a magnified approach to U.S. large-cap equities over a monthly period, rather than a long-term or daily multiple objective.
The fund’s portfolio is primarily exposed to major sectors including information technology, financials, health care, consumer discretionary, and communication services, closely mirroring the sector makeup of the S&P 500 Index. Notable holdings often include leading U.S. companies like Microsoft, Apple, and Nvidia. With a semi-annual dividend payout and a relatively high yield, the fund distributes income while pursuing its leveraged strategy. Established in 2006, the fund plays a distinctive role in the market by offering tactical investors an opportunity to potentially enhance returns during strong market periods, understanding that the use of leverage also introduces higher volatility and risk.
Fund Family Direxion Funds
Category Trading--Leveraged Equity
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol DXSLX
Share Class Investor Class
Index S&P 500 TR
DXSLX had a total return of 18.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.38%.
