Fund Evaluator:
Monetta Young Investor Growth (MYIFX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Monetta Young Investor Growth Overview
Monetta Young Investor Growth (MYIFX) is an actively managed U.S. Equity Large Growth fund. Monetta launched the fund in 2006.
The investment seeks long-term capital growth. The fund invests approximately 50% of its assets in exchange-traded funds ("ETFs") that seek to track the S&P 500® Index or other broad-based market indices that primarily include stocks of large capitalization U.S. companies. The balance of the fund is directly invested in common stocks of companies of all market capitalization ranges and is diversified among industries and market sectors.
About Monetta Young Investor Growth (MYIFX)
There are 2 members of the management team with an average tenure of 18.14 years: Robert Bacarella (2009), Robert Bacarella (2006). 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%. Monetta Young Investor Growth has 27 securities in its portfolio. The top 10 holdings constitute 82.4% 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.
Monetta Young Investor Growth is part of the Equity global asset class and is within the U.S. Equity fund group. Monetta Young Investor Growth has 1.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.9%. There is 1.1% 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). Monetta Young Investor Growth has 2.0% of the portfolio in cash.
Assets Under Management
The fund has $43 million in total assets, which is below the $2 billion average for the Large Growth 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.
MYIFX 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 Monetta Young Investor Growth expense ratio is high compared to funds in the Large Growth category. Monetta Young Investor Growth has an expense ratio of 1.48%, which is 54% higher than its category average, making the fund expense ratio grade a F. 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. Monetta Young Investor Growth has a portfolio turnover rate of 17%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, Monetta Young Investor Growth returned -0.4%, which earned it a grade of A, as the Large Growth category had an average return of -3.1%. 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.
Monetta Young Investor Growth has a trailing yield of 0.00%, which is below the 0.06% 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.
Monetta Young Investor Growth Grades
Year to date, the fund has returned 7.3%, 3.5 percentage points better than the category, which translates into a grade of B. The fund has returned 15.3% over the past year (grade of A), 18.3% over the past three years (grade of C) and 10.8% per year over the past five years (grade of B) and 14.2% per year over the past 10 years (grade of D).
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MYIFX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MYIFX Return (NAV) | -0.4% | 2.6% | 15.3% | 18.3% | 10.8% | 14.2% |
| MYIFX Grade | A | B | A | C | B | D |
| +/- Category | 2.6% | 0.8% | 6.2% | 0.2% | 2.1% | -1.2% |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| MYIFX Tax Cost Ratio | na | na | 3.9% | 2.7% | 2.8% | 2.9% |
MYIFX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MYIFX Return (NAV) | 7.3% | 15.5% | 27.6% | 32.7% | -25.8% | 22.9% | 20.5% | 32.6% | -5.3% | 23.1% | 10.2% |
| MYIFX Grade | B | C | D | D | A | C | F | C | F | F | A |
| +/- Category | 3.5% | -0.2% | -2.0% | -6.1% | 6.3% | 2.5% | -21.8% | -0.6% | -4.6% | -6.7% | 7.4% |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 14.8% |
| Total Risk Index: | 1.21 - Above Average |
| Category Risk Index: | 0.84 - Low |
| Category Risk Grade: | A (14% Rank) |
| Beta: | 1.10 |
| R-Squared: | 94% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $43 Mil |
| Fund Total Assets: | $ 44 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 17% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 19.7 years | |||
| Average Tenure: 18.1 years | |||
| Managers (Year): Bacarella Robert (2006), Bacarella Robert (2009) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 27 |
| % in Top 10 Holdings: | 82.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.1% |
Portfolio Allocation |
|
| Domestic Stock: | 96.9% |
| Foreign Stock: | 1.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.0% |
Purchase Information
| Fund Family: | Monetta |
| Phone Number: | 800-241-9772 |
| Website: | www.monetta.com |
| Status: | Open |
| Inception Date: | December 12, 2006 |
| Min. Initial Purchase: | $ 500 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.48% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Monetta Young Investor Growth |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
