Fund Evaluator:
The MP 63 (DRIPX)
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Best Performing in Large Value Over the Last Year
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Fund Details
The MP 63 Overview
The MP 63 (DRIPX) is an actively managed U.S. Equity Large Value fund. MP 63 launched the fund in 1999.
The investment seeks long-term capital appreciation. The fund seeks to achieve its investment objective by investing at least 80% of its total assets in dividend paying common stock of companies that offer direct investment plans ("DRIPs") with an emphasis on quality and diversity. These are typically large-capitalization stocks. The companies in which the fund principally invests are typically large capitalization stocks and are diversified across industries. However, the fund may invest in companies of any size.
About The MP 63 (DRIPX)
There are 4 members of the management team with an average tenure of 11.09 years: Mario Medina (2017), Lee Nelson (2022), Byron Perez (2022), Vita Nelson (1999). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. The MP 63 has 67 securities in its portfolio. The top 10 holdings constitute 30.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
The MP 63 is part of the Equity global asset class and is within the U.S. Equity fund group. The MP 63 has 1.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.6%. There is 1.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). The MP 63 has 1.7% of the portfolio in cash.
Assets Under Management
The fund has $102 million in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
DRIPX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The The MP 63 expense ratio is above average compared to funds in the Large Value category. The MP 63 has an expense ratio of 0.74%, which is 20% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. The MP 63 has a portfolio turnover rate of 11%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of June 2026, The MP 63 returned 3.5%, which earned it a grade of A, as the Large Value category had an average return of 1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
The MP 63 has a trailing yield of 1.21%, which is below the 1.25% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
The MP 63 Grades
Year to date, the fund has returned 14.4%, 3.3 percentage points better than the category, which translates into a grade of B. The fund has returned 24.3% over the past year (grade of B), 14.5% over the past three years (grade of D) and 8.7% per year over the past five years (grade of F) and 10.7% per year over the past 10 years (grade of D).
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DRIPX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| DRIPX Return (NAV) | 3.5% | 10.9% | 24.3% | 14.5% | 8.7% | 10.7% |
| DRIPX Grade | A | C | B | D | F | D |
| +/- Category | 1.9% | 1.1% | 3.3% | -1.4% | -1.7% | -0.7% |
| Large Value Avg | 1.6% | 9.8% | 21.0% | 15.9% | 10.4% | 11.3% |
| DRIPX Tax Cost Ratio | na | na | 1.8% | 1.5% | 1.4% | 1.3% |
DRIPX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| DRIPX Return (NAV) | 14.4% | 13.9% | 10.9% | 5.9% | -8.4% | 20.5% | 8.1% | 28.7% | -5.5% | 18.5% | 14.9% |
| DRIPX Grade | B | D | F | F | D | F | A | A | B | B | C |
| +/- Category | 3.3% | -1.3% | -3.2% | -5.9% | -2.4% | -5.3% | 4.3% | 3.1% | 2.9% | 2.1% | 0.4% |
| Large Value Avg | 11.1% | 15.2% | 14.1% | 11.8% | -6.1% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.5% |
| Risk Measures | |
| Standard Deviation: | 11.9% |
| Total Risk Index: | 0.98 - Average |
| Category Risk Index: | 0.99 - Average |
| Category Risk Grade: | C (47% Rank) |
| Beta: | 0.72 |
| R-Squared: | 62% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $102 Mil |
| Fund Total Assets: | $ 103 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 11% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 27.4 years | |||
| Average Tenure: 11.1 years | |||
| Managers (Year): Nelson Vita (1999), Medina Mario (2017), Nelson Lee (2022), Perez Byron (2022) | |||
Portfolio Composition (as of 2/28/26)
| # of Holdings: | 67 |
| % in Top 10 Holdings: | 30.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.7% |
Portfolio Allocation |
|
| Domestic Stock: | 96.6% |
| Foreign Stock: | 1.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.7% |
Purchase Information
| Fund Family: | MP 63 |
| Phone Number: | 877-676-3386 |
| Website: | www.mp63fund.com |
| Status: | Open |
| Inception Date: | March 1, 1999 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 1.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.74% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | The MP 63 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
