The Midas Fund aims to achieve its investment objectives by committing a minimum of 65% of its total assets. This allocation is primarily directed toward two areas: financial instruments like common and preferred stocks, bonds, and convertible securities issued by companies fundamentally involved, either directly or indirectly, in the gold, silver, platinum, other precious metals, or broader natural resources industries (including activities such as mining, processing, manufacturing, distribution, or trade). Additionally, a segment of its holdings consists of physical gold, silver, and platinum in the form of bullion and coins. It is important to note that this fund operates as a non-diversified investment vehicle.
What is the expense ratio of MIDSX?
Midas Fund Inc. (MIDSX) charges an expense ratio of 3.47%. This is the annual fee deducted from fund assets to cover management and operations.
How big is MIDSX?
Midas Fund Inc. (MIDSX) manages $46.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is MIDSX actively managed or an index fund?
MIDSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was MIDSX launched?
Midas Fund Inc. (MIDSX) launched in November 1995 and is managed by the fund issuer.
How has MIDSX performed?
MIDSX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
Price Chart
$4.37+$0.04 (+0.92%)today
+238.76%CAGR +27.64%
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Nov 9, 1995Aug 24, 2021 → Aug 24, 2026· 5.0 yrsAug 24, 2026
The Midas Fund aims to achieve its investment objectives by committing a minimum of 65% of its total assets. This allocation is primarily directed toward two areas: financial instruments like common and preferred stocks, bonds, and convertible securities issued by companies fundamentally involved, either directly or indirectly, in the gold, silver, platinum, other precious metals, or broader natural resources industries (including activities such as mining, processing, manufacturing, distribution, or trade). Additionally, a segment of its holdings consists of physical gold, silver, and…
Cost Verdict
Is MIDSX's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.