Texas Economic Data
Over long cycles we believe that The Texas Fund will follow Texas economic trends. Below we have included data from various sources including the Dallas Federal Reserve to inform readers of recent updates on the Texas economy.
The Texas Leading Index
The Texas Leading Index provides information on the future of Texas’s economy. It is comprised of eight leading indicators which tend to change direction before the overall economy. These indicators include the Texas value of the dollar, the US leading index, real oil price, well permits, initial claims for unemployment insurance, the Texas stock index, help-wanted index, and the average weekly hours worked in manufacturing.
The charts above cover the from inception (September 17, 2013) of The Texas Fund (the “fund”) to December 31, 2019. Performance information quoted above represents past performance and does not guarantee future results. The investment return and principal value of an investment in the fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted above. Performance figures assume reinvestment of dividends and capital gains. Most recent month-end performance and answers to any questions you may have can be obtained by calling Mutual Shareholder Services at (888) 263-5593. The expense ratio of the fund is 1.73%. The expense ratio includes acquired fund fees and expenses which are incurred indirectly by the fund as a result of investments in securities issued by one or more investment companies. For a more complete discussion of the risks associated with the fund please see the fund prospectus, available at: http://www.monteaglefunds.com/download/prospectus/Monteagle-TF-Prospectus-2018.pdf
Dallas Fed RSS Feed
Texas Economy’s Rebound Stalls in July after Gains in May, June
Mexico Sees Historic Drop in Economic Growth in Second Quarter; Outlook Worsens
U.S. Economic Rebound Uneven amid Resurgent Local COVID-19 Outbreaks
Behind the Numbers: PCE Inflation Update, June 2020