DXHYX Fees and Costs — Direxion Monthly High Yield Bull 1.2X Fund, Investor Class
Data updated: 2026-07-30
The net expense ratio is 1.70% (2.04% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $101K in broker commissions, 0.3296% of average net assets, and portfolio turnover was 913%.
DXHYX Fees and Expenses
Annual operating expenses and sales charges of DXHYX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.69% |
| Gross expense ratio | 2.04% |
| Fee waiver | −0.34% |
| Net expense ratio | 1.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
DXHYX Costs Over Time
On $10,000 invested in DXHYX, assuming 5% a year before costs, total costs come to $1,244 over 5 years, cutting the return by 2.13% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.70%) | $178 | $551 | $945 |
| Trading costs (broker commissions) | $35 | $107 | $183 |
| Lost growth on money paid in costs | $0 | $33 | $115 |
| Total costs | $213 | $691 | $1,244 |
| Value after costs | $10,287 | $10,886 | $11,519 |
| Impact on return, per year | 2.13% | 2.13% | 2.13% |
DXHYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.3296%
- Total broker commissions: $101K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 913%
- Securities lending: none during the year
DXHYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| THE VERTICAL TRADING GROUP LLC | $51K | 50.63% |
| UBS ASSET MANAGEMENT (US) INC. | $50K | 49.37% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.