Midas Fund Inc.: (MF: MIDSX)
(NASDAQ Mutual Funds) As of Apr 25, 2024 08:00 PM ET
$1.13 USD
+0.02 (1.80%)
Fund Description
The fund was incepted in January 1986 and is managed by Midas Management Corporation. The fund primarily seeks capital appreciation and protection against inflation and, secondarily, current income. The fund invests at least 65% of its total assets in securities of companies primarily involved, directly or indirectly, in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum or other natural resources and gold, silver and platinum bullion. Up to 35% of the fund's assets may be invested in securities of selected growth companies. A stock is typically sold when its potential to meet the fund's investment objective is limited or exceeded by another potential investment. Dividends and capital gains are distributed annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Midas Fund | MIDSX | NA | NA | 1.00 | 0.25 | 1.00 | 4.25 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Midas Fund | MIDSX | 1.11 | 1/8/1986 | 0.00 | -12.40 | -6.34 | -1.79 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Midas Fund | MIDSX | 1000 | 100 | 1000 | A |
Contact Information
| Family | Midas Funds |
| Address | 11 Hanover Sqr New York, NY 10005 |
| Phone | 800 400-6432 |