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Critical Facts You Need to Know About Preferred Stocks
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ProShares UltraPro Short 20+ Year Treasury
ETF
TTT
Payout Change
Pending
Price as of:
$80.16
+3.25
+4.22%
primary theme
Inverse Bond
TTT (ETF)
ProShares UltraPro Short 20+ Year Treasury
Payout Change
Pending
Price as of:
$80.16
+3.25
+4.22%
primary theme
Inverse Bond
TTT (ETF)
ProShares UltraPro Short 20+ Year Treasury
Payout Change
Pending
Price as of:
$80.16
+3.25
+4.22%
primary theme
Inverse Bond
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
32.3%
1 yr return
34.8%
3 Yr Avg Return
39.9%
5 Yr Avg Return
5.0%
Net Assets
$28.5 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
$76.9
$54.68
$86.69
Expenses
OPERATING FEES
Expense Ratio 0.98%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
TTT - Profile
Distributions
- YTD Total Return 32.3%
- 3 Yr Annualized Total Return 39.9%
- 5 Yr Annualized Total Return 5.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.94%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares UltraPro Short 20+ Year Treasury
-
Fund Family NameProShares Trust
-
Inception DateMar 27, 2012
-
Shares Outstanding7093605
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlexander Ilyasov
Fund Description
The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target.The Index is designed to measure the performance of U.S. dollar denominated sovereign debt publicly issued by the U.S. government. The Index includes fixed rate securities with a minimum term to maturity greater than 20 years. The Index excludes inflation-linked securities, Treasury bills, cash management bills, any government agency debt issued with or without a government guarantee and zero-coupon issues that have been stripped from coupon-paying bonds. The bonds included in the Index are weighted based on market capitalization. The Index’s positions are reset each month. The Index is constructed and maintained by ICE Data Indices, LLC. More information about the Index can be found using the Bloomberg ticker symbol “IDCOT20.”Under normal circumstances, the Fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the Index or in instruments with similar economic characteristics.The Fund will invest principally in the financial instruments listed below.●Derivatives — Financial instruments whose value is derived from the value of an underlying asset or rate, such as stocks, bonds, ETFs, interest rates or indexes. These derivatives principally include:○Swap Agreements — Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or “swap” payments based on the change in value of an underlying asset or benchmark. For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument.○Futures Contracts — Standardized contracts that obligate the parties to buy or sell an asset at a predetermined price and date in the future.●Money Market Instruments — The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example:○U.S. Treasury Bills — U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government.○Repurchase Agreements — Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price.ProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce daily returns consistent with the Daily Target. For these purposes a day is measured from the time of one net asset value (“NAV”) calculation to the next.The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide inverse leveraged exposure consistent with the investment objective, without regard to market conditions, trends or direction. However, the Fund may invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining inverse leveraged exposure consistent with the investment objective.The Fund seeks to rebalance its portfolio each day so that its exposure to the Index is consistent with the Daily Target. The Index’s movements during the day will affect whether the Fund’s portfolio needs to be rebalanced. For example, if the Index has risen on a given day, net assets of the Fund should fall (assuming there were no Creation Units issued). As a result, the Fund’s exposure will need to be decreased. Conversely, if the Index has fallen on a given day, net assets of the Fund should rise (assuming there were no Creation Unit redemptions). As a result, the Fund’s exposure will need to be increased.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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TTT - Performance
Return Ranking - Trailing
| Period | TTT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 32.3% | -3.4% | 36.7% | 9.09% |
| 1 Yr | 34.8% | -4.2% | 40.1% | 9.09% |
| 3 Yr | 39.9%* | -1.6% | 47.1% | 9.09% |
| 5 Yr | 5.0%* | -3.6% | 9.0% | 59.09% |
| 10 Yr | -6.9%* | -6.9% | 1.3% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | TTT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -20.8% | -20.8% | 3.3% | 100.00% |
| 2022 | 149.2% | 6.9% | 150.2% | 9.09% |
| 2021 | 2.6% | -7.1% | 7.5% | 22.73% |
| 2020 | -54.3% | -54.3% | -6.6% | 95.45% |
| 2019 | -36.0% | -36.0% | -6.6% | 100.00% |
Total Return Ranking - Trailing
| Period | TTT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 32.3% | -3.4% | 36.7% | 9.09% |
| 1 Yr | 34.8% | -4.2% | 40.1% | 9.09% |
| 3 Yr | 39.9%* | -1.6% | 47.1% | 9.09% |
| 5 Yr | 5.0%* | -3.6% | 9.0% | 59.09% |
| 10 Yr | -6.9%* | -6.9% | 1.3% | 100.00% |
* Annualized
Total Return Ranking - Calendar
| Period | TTT Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -20.0% | -20.0% | 4.6% | 100.00% |
| 2022 | 150.2% | 6.9% | 150.2% | 9.09% |
| 2021 | 2.6% | -6.7% | 7.5% | 22.73% |
| 2020 | -54.1% | -54.1% | -5.9% | 95.45% |
| 2019 | -34.9% | -34.9% | -5.2% | 100.00% |
TTT - Holdings
Concentration Analysis
| TTT | Category Low | Category High | TTT % Rank | |
|---|---|---|---|---|
| Net Assets | 28.5 M | 672 K | 291 M | 22.73% |
| Number of Holdings | 16 | 4 | 18 | 9.09% |
| Net Assets in Top 10 | 31.2 M | 308 K | 332 M | 22.73% |
| Weighting of Top 10 | 99.96% | 43.2% | 187.0% | 54.55% |
Top 10 Holdings
- U.S. Treasury Bills 37.91%
- Total Return Swap 26.80%
- Total Return Swap 26.57%
- Total Return Swap 4.63%
- Total Return Swap 1.65%
- Total Return Swap 1.34%
- Total Return Swap 0.90%
- Repurchase Agreement 0.08%
- Repurchase Agreement 0.06%
- U.S. Treasury Long Bond 0.03%
Asset Allocation
| Weighting | Return Low | Return High | TTT % Rank | |
|---|---|---|---|---|
| Other | 61.93% | -3.67% | 110.25% | 50.00% |
| Cash | 38.07% | 0.00% | 105.11% | 40.91% |
| Stocks | 0.00% | 0.00% | 46.69% | 68.18% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 50.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.08% | 68.18% |
| Bonds | 0.00% | -61.92% | 10.17% | 50.00% |
TTT - Expenses
Operational Fees
| TTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.98% | 0.91% | 5.83% | 90.91% |
| Management Fee | 0.75% | 0.75% | 0.90% | 40.91% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.25% | 0.25% | N/A |
Sales Fees
| TTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.75% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| TTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TTT Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 344.00% | N/A |
TTT - Distributions
Dividend Yield Analysis
| TTT | Category Low | Category High | TTT % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.12% | 0.00% | 14.17% | 72.73% |
Dividend Distribution Analysis
| TTT | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| TTT | Category Low | Category High | TTT % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.94% | -3.85% | -0.83% | 36.36% |
Capital Gain Distribution Analysis
| TTT | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 25, 2024 | $0.224 | OrdinaryDividend |
| Jun 26, 2024 | $0.179 | OrdinaryDividend |
| Sep 20, 2023 | $0.145 | OrdinaryDividend |
| Jun 21, 2023 | $0.339 | OrdinaryDividend |
| Mar 22, 2023 | $0.235 | OrdinaryDividend |
| Dec 22, 2022 | $0.263 | OrdinaryDividend |
| Mar 25, 2020 | $0.087 | OrdinaryDividend |
| Dec 24, 2019 | $0.338 | OrdinaryDividend |
| Sep 25, 2019 | $0.292 | OrdinaryDividend |
| Jun 25, 2019 | $0.348 | OrdinaryDividend |
| Mar 20, 2019 | $0.258 | OrdinaryDividend |
| Dec 26, 2018 | $0.278 | OrdinaryDividend |
| Sep 26, 2018 | $0.180 | OrdinaryDividend |
TTT - Fund Manager Analysis
Managers
Alexander Ilyasov
Start Date
Tenure
Tenure Rank
Apr 05, 2019
3.16
3.2%
Alexander Ilyasov, ProShare Advisors: Senior Portfolio Manager since October 2013 and Portfolio Manager from November 2009 through September 2013. ProFund Advisors LLC: Senior Portfolio Manager since October 2013 and Portfolio Manager from November 2009 through September 2013. World Asset Management, Inc.: Portfolio Manager from January 2006 through November 2009. Ilyasov joined WAM’s predecessor entity in September 2005 as a member of its International Investment Team. Since joining in 2005, he has been involved in supporting WAM’s international equity product line.
James Linneman
Start Date
Tenure
Tenure Rank
Mar 15, 2022
0.21
0.2%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.21 | 27.26 | 11.01 | 14.22 |
