The Texas Fund (BIGTX)
The fund will be invested across a broad market capitalization spectrum, including small, mid and large capitalization companies. The Sub-Adviser typically selects companies in which to invest by performing an initial market capitalization screening of $500 million or more. The Sub-Adviser analyzes factors such as financial conditions, industry position, and market and economic conditions and trends to select investments and make buy and sell decisions.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in The Texas Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,400 for a total return of roughly 34.00%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: BIGTX vs. AVEMX
Return
The Texas Fund had a return of -5.04% year-to-date (YTD) and -14.81% in the last 12 months. Over the past 10 years, The Texas Fund had an annualized return of 3.13%, while the S&P 500 had an annualized return of 9.26%, indicating that The Texas Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -9.81% | -3.13% |
| Year-To-Date | -5.04% | 2.92% |
| 6 months | -3.32% | 2.02% |
| 1 year | -14.81% | -11.46% |
| 5 years (annualized) | 3.95% | 7.79% |
| 10 years (annualized) | 3.13% | 9.26% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 6.02% | -2.99% | ||||||||||
| 2022 | -7.83% | 13.15% | 0.60% | -5.68% |
Dividend History
The Texas Fund granted a 3.22% dividend yield in the last twelve months. The annual payout for that period amounted to $0.38 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.38 | $0.72 | $0.01 | $0.01 | $0.21 | $0.00 | $0.00 | $0.00 | $0.31 |
Dividend yield | 3.22% | 3.06% | 5.43% | 0.08% | 0.09% | 2.47% | 0.00% | 0.00% | 0.00% | 3.50% |
Monthly Dividends
The table displays the monthly dividend distributions for The Texas Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 |
| 2020 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.19 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.31 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the The Texas Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the The Texas Fund is 43.36%, recorded on Mar 18, 2020. It took 202 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.36% | Aug 28, 2018 | 391 | Mar 18, 2020 | 202 | Jan 5, 2021 | 593 |
| -31.9% | Jul 7, 2014 | 392 | Jan 25, 2016 | 487 | Dec 28, 2017 | 879 |
| -18.98% | Mar 30, 2022 | 124 | Sep 26, 2022 | — | — | — |
| -13.33% | Jun 9, 2021 | 51 | Aug 19, 2021 | 56 | Nov 8, 2021 | 107 |
| -11.2% | Nov 9, 2021 | 55 | Jan 27, 2022 | 42 | Mar 29, 2022 | 97 |
| -10.56% | Jan 24, 2018 | 12 | Feb 8, 2018 | 67 | May 16, 2018 | 79 |
| -8.34% | Mar 15, 2021 | 8 | Mar 24, 2021 | 50 | Jun 4, 2021 | 58 |
| -6.84% | Jan 2, 2014 | 22 | Feb 3, 2014 | 20 | Mar 4, 2014 | 42 |
| -4.02% | Jan 15, 2021 | 10 | Jan 29, 2021 | 3 | Feb 3, 2021 | 13 |
| -4% | Mar 10, 2014 | 25 | Apr 11, 2014 | 38 | Jun 6, 2014 | 63 |
Volatility Chart
Current The Texas Fund volatility is 26.90%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.