Monteagle Opportunity Equity Fund (HEQFX)

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Monteagle Opportunity Equity Fund (HEQFX) is up 9.0% since the beginning of the year. HEQFX is currently trading at $5 per share. Investors who bought $1,000 worth of HEQFX shares 5 years ago would now be looking at an investment worth $1,443.

Monteagle Opportunity Equity Fund (HEQFX) has returned 9.01% so far this year and 20.75% over the past 12 months. Over the last ten years, HEQFX has returned 9.52% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jun 10, 1998, HEQFX's average daily return is +1.33%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +13.0%, while the worst month was Oct 2008 at -16.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HEQFX closed higher 50% of trading days. The best single day was Jan 27, 2025 with a return of +9,206.1%, while the worst single day was Jan 30, 2025 at -98.8%.

Monteagle Opportunity Equity Fund has an annualized alpha of 2772.15%, beta of -0.40, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 11, 1998.

• This fund participated in 89.47% of S&P 500 Index downside but only 89.32% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.40 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

HEQFX has a high expense ratio of 1.71%, indicating above-average management fees.

HEQFX ranks 37 for risk / return — below 37% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Monteagle Opportunity Equity Fund (HEQFX) and compare them to S&P 500 Index.

Monteagle Opportunity Equity Fund provided a 10.02% dividend yield over the last twelve months, with an annual payout of $0.51 per share.

The table displays the monthly dividend distributions for Monteagle Opportunity Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Monteagle Opportunity Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Monteagle Opportunity Equity Fund was 99.11%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Monteagle Opportunity Equity Fund drawdown is 98.77%.

The chart below shows the rolling one-month volatility.