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The Texas Fund (BIGTX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

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.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
-1.24%
7.43%
BIGTX (The Texas Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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The Texas Fund

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.


PeriodReturnBenchmark
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


JanFebMarAprMayJunJulAugSepOctNovDec
20236.02%-2.99%
2022-7.83%13.15%0.60%-5.68%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current The Texas Fund Sharpe ratio is -0.70. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.20NovemberDecember2023FebruaryMarch
-0.70
-0.45
BIGTX (The Texas Fund)
Benchmark (^GSPC)

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.


PeriodTTM202220212020201920182017201620152014
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-16.64%
-17.62%
BIGTX (The Texas Fund)
Benchmark (^GSPC)

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, 2018391Mar 18, 2020202Jan 5, 2021593
-31.9%Jul 7, 2014392Jan 25, 2016487Dec 28, 2017879
-18.98%Mar 30, 2022124Sep 26, 2022
-13.33%Jun 9, 202151Aug 19, 202156Nov 8, 2021107
-11.2%Nov 9, 202155Jan 27, 202242Mar 29, 202297
-10.56%Jan 24, 201812Feb 8, 201867May 16, 201879
-8.34%Mar 15, 20218Mar 24, 202150Jun 4, 202158
-6.84%Jan 2, 201422Feb 3, 201420Mar 4, 201442
-4.02%Jan 15, 202110Jan 29, 20213Feb 3, 202113
-4%Mar 10, 201425Apr 11, 201438Jun 6, 201463

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.


10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2023FebruaryMarch
26.90%
20.82%
BIGTX (The Texas Fund)
Benchmark (^GSPC)