Shareholder Report | 12 Months Ended |
Aug. 31, 2024 USD ($) Holdings |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | MONTEAGLE FUNDS |
Entity Central Index Key | 0001045701 |
Entity Investment Company Type | N-1A |
Document Period End Date | Aug. 31, 2024 |
Institutional Class | |
Shareholder Report [Line Items] | |
Fund Name | MONTEAGLE SELECT VALUE FUND |
Class Name | INSTITUTIONAL CLASS |
Trading Symbol | MVEIX |
Annual or Semi-Annual Statement [Text Block] | ADDITIONAL INFORMATION This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://monteaglefunds.com 1-888-263-5593 |
Additional Information Phone Number | 1-888-263-5593 |
Additional Information Website | https://monteaglefunds.com |
Expenses [Text Block] | expense Information What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Monteagle Select Value Fund - Institutional Class $162 1.46% |
Expenses Paid, Amount | $ 162 |
Expense Ratio, Percent | 1.46% |
Performance Past Does Not Indicate Future [Text] | Past performance is not a good predictor of future performance |
Line Graph [Table Text Block] | Monteagle Select Institutional Line Graph Select Institutional S&P 500 Index 8/31/2014 50,000 50,000 2/28/2015 53,196 53,054 8/31/2015 47,949 50,238 2/29/2016 44,481 49,768 8/31/2016 50,226 56,529 2/28/2017 56,385 62,180 8/31/2017 55,333 65,692 2/28/2018 60,098 72,810 8/31/2018 63,061 78,608 2/28/2019 61,730 76,217 8/31/2019 56,907 80,904 2/29/2020 52,895 82,461 8/31/2020 54,848 98,652 2/28/2021 80,831 108,263 8/31/2021 91,312 129,398 2/28/2022 89,699 126,007 8/31/2022 84,176 114,870 2/28/2023 86,874 116,288 8/31/2023 84,409 133,152 2/29/2024 92,028 151,698 8/31/2024 102,777 169,283 |
Average Annual Return [Table Text Block] | Performance graph AVERAGE ANNUAL RETURNS (for the periods ended August 31, 2024) One Year Five Year Ten Year Dollar Value Monteagle Select Value Fund - Institutional Class 21.76% 12.55% 7.47% $102,777 S&P 500 Index 27.14% 15.90% 12.96% $169,283 |
Net Assets | $ 17,248,680 |
Holdings Count | Holdings | 37 |
Advisory Fees Paid, Amount | $ 77,475 |
Investment Company, Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund statistics NET PORTFOLIO PORTFOLIO FEES PAID TO ASSETS: HOLDINGS TURNOVER THE ADVISER $17,248,680 37 31% $77,475 |
Largest Holdings [Text Block] | top ten holdings 1. Federated Hermes Government Obligations Fund - Institutional Class 16.02% 2. Leidos Holdings, Inc. 4.78% 3. Nasdaq, Inc. 4.26% 4. DuPont de Nemours, Inc. 3.96% 5. Willis Towers Watson PLC 3.73% 6. PulteGroup, Inc. 3.43% 7. Progressive Corp. 3.36% 8. Steris PLC 3.01% 9. FedEx Corp. 2.86% 10. NextEra Energy, Inc. 2.80% Total % of Net Assets 48.21% |
Updated Prospectus Phone Number | 1-888-263-5593 |
Updated Prospectus Web Address | https://monteaglefunds.com |
Investor Class | |
Shareholder Report [Line Items] | |
Fund Name | MONTEAGLE OPPORTUNITY EQUITY FUND |
Class Name | INVESTOR CLASS |
Trading Symbol | HEQFX |
Annual or Semi-Annual Statement [Text Block] | ADDITIONAL INFORMATION This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://monteaglefunds.com 1-888-263-5593 |
Additional Information Phone Number | 1-888-263-5593 |
Additional Information Website | https://monteaglefunds.com |
Expenses [Text Block] | expense Information What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Monteagle Opportunity Equity Fund - Investor Class $192 1.78% |
Expenses Paid, Amount | $ 192 |
Expense Ratio, Percent | 1.78% |
Performance Past Does Not Indicate Future [Text] | Past performance is not a good predictor of future performance |
Line Graph [Table Text Block] | Opportunity Equity - Investor Class Line Chart Investor Class S&P 500 Index 8/31/2014 50,000 50,000 2/28/2015 51,581 53,054 8/31/2015 48,412 50,238 2/29/2016 48,172 49,768 8/31/2016 52,752 56,529 2/28/2017 57,628 62,180 8/31/2017 57,533 65,692 2/28/2018 59,712 72,810 8/31/2018 64,143 78,608 2/28/2019 62,577 76,217 8/31/2019 62,937 80,904 2/29/2020 60,243 82,461 8/31/2020 66,482 98,652 2/28/2021 82,301 108,263 8/31/2021 89,291 129,398 2/28/2022 89,533 126,007 8/31/2022 85,330 114,870 2/28/2023 91,079 116,288 8/31/2023 93,008 133,152 2/29/2024 100,289 151,698 8/31/2024 107,299 169,283 |
Average Annual Return [Table Text Block] | Performance graph AVERAGE ANNUAL RETURNS (for the periods ended August 31, 2024) One Year Five Year Ten Year Dollar Value Monteagle Opportunity Equity Fund – Investor Class 15.37% 11.26% 7.94% $107,299 S&P 500 Index 27.14% 15.90% 12.96% $169,283 |
Net Assets | $ 16,574,752 |
Holdings Count | Holdings | 146 |
Advisory Fees Paid, Amount | $ 44,567 |
Investment Company, Portfolio Turnover | 54% |
Additional Fund Statistics [Text Block] | Fund statistics NET PORTFOLIO PORTFOLIO FEES PAID TO ASSETS: HOLDINGS TURNOVER THE ADVISER $16,574,752 146 54% $44,567 |
Largest Holdings [Text Block] | top ten holdings 1. Federated Hermes Government Obligations Fund - Institutional Class 1.16% 2. W. P. Carey Inc. 1.06% 3. National Fuel Gas Co. 1.01% 4. OGE Energy Corp. 1.00% 5. Cal-Maine Foods, Inc. 1.00% 6. American States Water Co. 1.00% 7. Mid-America Apartment Communities, Inc. 0.98% 8. Brady Corp. Class A 0.94% 9. Boise Cascade Co. 0.90% 10. Zoom Video Communications, Inc. 0.90% Total % of Net Assets 9.95% |
Updated Prospectus Phone Number | 1-888-263-5593 |
Updated Prospectus Web Address | https://monteaglefunds.com |
Institutional Class [Default Label] | |
Shareholder Report [Line Items] | |
Fund Name | MONTEAGLE OPPORTUNITY EQUITY FUND |
Class Name | INSTITUTIONAL CLASS |
Trading Symbol | HEQCX |
Annual or Semi-Annual Statement [Text Block] | ADDITIONAL INFORMATION This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://monteaglefunds.com 1-888-263-5593 |
Additional Information Phone Number | 1-888-263-5593 |
Additional Information Website | https://monteaglefunds.com |
Expenses [Text Block] | expense Information What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Monteagle Opportunity Equity Fund - Institutional Class $141 1.31% |
Expenses Paid, Amount | $ 141 |
Expense Ratio, Percent | 1.31% |
Performance Past Does Not Indicate Future [Text] | Past performance is not a good predictor of future performance. |
Line Graph [Table Text Block] | Opportunity Equity - Institutional Class Line Chart Institutional Class S&P 500 Index 8/31/2014 50,000 50,000 2/28/2015 51,753 53,054 8/31/2015 48,664 50,238 2/29/2016 48,565 49,768 8/31/2016 53,299 56,529 2/28/2017 58,439 62,180 8/31/2017 58,439 65,692 2/28/2018 60,736 72,810 8/31/2018 65,485 78,608 2/28/2019 64,110 76,217 8/31/2019 64,500 80,904 2/29/2020 61,878 82,461 8/31/2020 68,489 98,652 2/28/2021 84,932 108,263 8/31/2021 92,460 129,398 2/28/2022 92,950 126,007 8/31/2022 88,777 114,870 2/28/2023 95,063 116,288 8/31/2023 97,297 133,152 2/29/2024 105,225 151,698 8/31/2024 112,552 169,283 |
Average Annual Return [Table Text Block] | Performance graph AVERAGE ANNUAL RETURNS (for the periods ended August 31, 2024) One Year Five Year Ten Year Dollar Value Monteagle Opportunity Equity Fund - Institutional Class 15.68% 11.78% 8.45% $112,552 S&P 500 Index 27.14% 15.90% 12.96% $169,283 |
Net Assets | $ 16,574,752 |
Holdings Count | Holdings | 146 |
Advisory Fees Paid, Amount | $ 44,567 |
Investment Company, Portfolio Turnover | 54% |
Additional Fund Statistics [Text Block] | Fund statistics NET PORTFOLIO PORTFOLIO FEES PAID TO ASSETS: HOLDINGS TURNOVER THE ADVISER $16,574,752 146 54% $44,567 |
Largest Holdings [Text Block] | top ten holdings 1. Federated Hermes Government Obligations Fund - Institutional Class 1.16% 2. W. P. Carey Inc. 1.06% 3. National Fuel Gas Co. 1.01% 4. OGE Energy Corp. 1.00% 5. Cal-Maine Foods, Inc. 1.00% 6. American States Water Co. 1.00% 7. Mid-America Apartment Communities, Inc. 0.98% 8. Brady Corp. Class A 0.94% 9. Boise Cascade Co. 0.90% 10. Zoom Video Communications, Inc. 0.90% Total % of Net Assets 9.95% |
Updated Prospectus Phone Number | 1-888-263-5593 |
Updated Prospectus Web Address | https://monteaglefunds.com |
Institutional class | |
Shareholder Report [Line Items] | |
Fund Name | MONTEAGLE ENHANCED EQUITY INCOME FUND |
Class Name | INSTITUTIONAL CLASS |
Trading Symbol | EEIFX |
Annual or Semi-Annual Statement [Text Block] | ADDITIONAL INFORMATION This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://monteaglefunds.com 1-888-263-5593 |
Additional Information Phone Number | 1-888-263-5593 |
Additional Information Website | https://monteaglefunds.com |
Expenses [Text Block] | expense Information What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Monteagle Enhanced Equity Income Fund - Institutional Class $149 1.36% |
Expenses Paid, Amount | $ 149 |
Expense Ratio, Percent | 1.36% |
Line Graph [Table Text Block] | Monteagle Enhanced Institutional Line Graph CBOE S&P 500 Enhanced Institutional BuyWrite Monthly Index S&P 500 Index Inception 1/23/2023 50000 50000 50000 2/28/2023 49600 50201 49481 3/31/2023 50467 51134 51298 4/30/2023 51605 51722 52098 5/31/2023 50456 52217 52325 6/30/2023 51602 53314 55782 7/31/2023 52546 54077 57574 8/31/2023 52605 53222 56657 2/28/2024 57099 55981 64549 8/31/2024 62829 60434 72031 |
Average Annual Return [Table Text Block] | Performance graph AVERAGE ANNUAL RETURNS (for the periods ended August 31, 2024) Onen Year Since Inception Dollar Value Monteagle Enhanced Equity Income Fund – Institutional Class 19.44% 15.30% $62,829 CBOE S&P 500 BuyWrite Monthly Index 13.55% 12.55% $60,434 S&P 500 Index 27.14% 25.58% $72,031 |
Net Assets | $ 13,840,201 |
Holdings Count | Holdings | 48 |
Advisory Fees Paid, Amount | $ 38,953 |
Investment Company, Portfolio Turnover | 234% |
Additional Fund Statistics [Text Block] | Fund statistics NET PORTFOLIO PORTFOLIO FEES PAID TO ASSETS: HOLDINGS TURNOVER THE ADVISER $13,840,201 48 234% $38,953 |
Largest Holdings [Text Block] | top ten holdings 1. Federated Hermes Government Obligations Fund - Institutional Class 12.61% 2. Microsoft Corp. 5.43% 3. Salesforce.com, Inc. 4.02% 4. Starbucks Corp. 3.76% 5. SPDR S&P 500 ETF Trust 3.67% 6. Fiserv, Inc. 3.53% 7. Visa Inc. Class A 3.19% 8. Walmart, Inc. 3.18% 9. Mastercard Incorporated 3.14% 10. Prologis, Inc. 3.14% Total % of Net Assets 45.67% |
Updated Prospectus Phone Number | 1-888-263-5593 |
Updated Prospectus Web Address | https://monteaglefunds.com |
Class I | |
Shareholder Report [Line Items] | |
Fund Name | THE TEXAS FUND |
Class Name | INSTITUTIONAL CLASS |
Trading Symbol | BIGTX |
Annual or Semi-Annual Statement [Text Block] | ADDITIONAL INFORMATION This annual shareholder report |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://monteaglefunds.com 1-888-263-5593 |
Additional Information Phone Number | 1-888-263-5593 |
Additional Information Website | https://monteaglefunds.com |
Expenses [Text Block] | expense Information What were the Fund costs for the past year? (based on a hypothetical $10,000 investment) Fund Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment The Texas Fund - Institutional Class $189 1.73% |
Expenses Paid, Amount | $ 189 |
Expense Ratio, Percent | 1.73% |
Performance Past Does Not Indicate Future [Text] | Past performance is not a good predictor of future performance |
Line Graph [Table Text Block] | Texas Fund Institutional Line Graph Texas Institutional S&P 500 Index 8/31/2014 50,000 50,000 2/28/2015 46,519 53,054 8/31/2015 42,169 50,238 2/29/2016 36,591 49,768 8/31/2016 41,980 56,529 2/28/2017 46,093 62,180 8/31/2017 44,344 65,692 2/28/2018 49,213 72,810 8/31/2018 56,588 78,608 2/28/2019 50,501 76,217 8/31/2019 46,333 80,904 2/29/2020 43,867 82,461 8/31/2020 47,113 98,652 2/28/2021 65,077 108,263 8/31/2021 66,869 129,398 2/28/2022 69,310 126,007 8/31/2022 65,284 114,870 2/28/2023 66,459 116,288 8/31/2023 67,707 133,152 2/29/2024 74,307 151,698 8/31/2024 80,159 169,283 |
Average Annual Return [Table Text Block] | Performance graph AVERAGE ANNUAL RETURNS (for the periods ended August 31, 2024) One Year Five Year Ten Year Dollar Value The Texas Fund – Institutional Class 18.39% 11.59% 4.83% $80,159 S&P 500 Index 27.14% 15.90% 12.96% $169,283 |
Net Assets | $ 13,601,454 |
Holdings Count | Holdings | 121 |
Advisory Fees Paid, Amount | $ 38,246 |
Investment Company, Portfolio Turnover | 52% |
Additional Fund Statistics [Text Block] | Fund statistics NET PORTFOLIO PORTFOLIO FEES PAID TO ASSETS: HOLDINGS TURNOVER THE ADVISER $13,601,454 121 52% $38,246 |
Largest Holdings [Text Block] | top ten holdings 1. Federated Hermes Government Obligations Fund - Institutional Class 8.00% 2. CorVel Corp. 1.94% 3. IES Holdings, Inc. 1.81% 4. United States Lime & Mineral, Inc. 1.77% 5. McKesson Corp, 1.73% 6. TPG Inc. 1.72% 7. Independent Bank Group, Inc. 1.52% 8. Comerica Inc. 1.51% 9. Cirrus Logic, Inc. 1.48% 10. Q2 Holdings, Inc. 1.47% Total % of Net Assets 22.95% |
Updated Prospectus Phone Number | 1-888-263-5593 |
Updated Prospectus Web Address | https://monteaglefunds.com |