ProShares UltraShort Oil & Gas (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Oil & Gas Index. The Dow Jones U.S. Oil & Gas Index measures the performance of the oil and gas industry of the United States equity market. Component companies include oil drilling equipment and services, oil companies (major and secondary), pipelines, liquid, solid or gaseous fossil fuel producers and service companies. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the index. The Fund's investment advisor is ProShare Advisors LLC.
Basic Details
Issuer ProShares
Fund NameProShares UltraShort Oil & Gas
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:DUG
Inception Date1/30/2007
Fund ManagerMichael Neches, Tarak Dave
Phone+1-240-4976400
Fund Focus
Asset ClassEquity
BenchmarkDJ US Oil&Gas TR USD
CategorySector
FocusEnergy
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$24.42 million
Average Daily Volume$33,792.00
Discount/Premium-1.37%
ETF Expenses
Management Fee0.75%
Other Expenses0.36%
Total Expenses1.11%
Fee Waiver-0.16%
Net Expenses0.95%
Administrator, Advisor and Custodian
AdministratorJ.P. Morgan Investor Services Co.
AdvisorProShare Advisors LLC
CustodianJPMorgan Chase Bank, N.A.
DistributorSEI Investments Distribution Co.
Transfer AgentJPMorgan Chase Bank, N.A.
Trustee
Lead Market MakerPundion
ProShares UltraShort Oil & Gas (NYSEARCA:DUG) Frequently Asked Questions
What is ProShares UltraShort Oil & Gas' stock symbol?
ProShares UltraShort Oil & Gas trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "DUG."
How often does ProShares UltraShort Oil & Gas pay dividends? What is the dividend yield for ProShares UltraShort Oil & Gas?
ProShares UltraShort Oil & Gas declared a quarterly dividend on Wednesday, December 26th. Investors of record on Thursday, December 27th will be paid a dividend of $0.1298 per share on Thursday, January 3rd. This represents a $0.52 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Wednesday, December 26th. View ProShares UltraShort Oil & Gas' Dividend History.
What price target have analysts set for DUG?
1 equities research analysts have issued twelve-month price targets for ProShares UltraShort Oil & Gas' stock. Their forecasts range from $0.30 to $0.30. On average, they anticipate ProShares UltraShort Oil & Gas' share price to reach $0.30 in the next twelve months. This suggests that the stock has a possible downside of 99.2%. View Analyst Price Targets for ProShares UltraShort Oil & Gas.
What is the consensus analysts' recommendation for ProShares UltraShort Oil & Gas?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProShares UltraShort Oil & Gas in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ProShares UltraShort Oil & Gas.
Has ProShares UltraShort Oil & Gas been receiving favorable news coverage?
Media headlines about DUG stock have been trending somewhat positive on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. ProShares UltraShort Oil & Gas earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.
Who are ProShares UltraShort Oil & Gas' key executives?
ProShares UltraShort Oil & Gas' management team includes the folowing people:
- Michael L. Sapir, Chairman of ProShares Trust (Age 57)
- Louis M. Mayberg, President of ProShares Trust (Age 53)
- Victor M. Frye Esq., Chief Compliance Officer and AML Officer of ProShares Trust (Age 56)
- Simon D. Collier, Treasurer of ProShares Trust (Age 51)
- Gary A. Casagrande, Assistant Treasurer of ProShares Trust (Age 40)
- Charles S. Todd, Assistant Treasurer of ProShares Trust (Age 41)
- Stephenie Adams, Acting Secretary of ProShares Trust (Age 43)
- Gregory Pickard Esq., Assistant Secretary of ProShares Trust (Age 48)
- Russell S. Reynolds III, Trustee of ProShares Trust (Age 55)
- Michael C. Wachs, Trustee of ProShares Trust (Age 51)
Who are ProShares UltraShort Oil & Gas' major shareholders?
ProShares UltraShort Oil & Gas' stock is owned by many different of institutional and retail investors. Top institutional shareholders include SG Americas Securities LLC (0.63%) and Advisors Preferred LLC (0.17%).
Which major investors are buying ProShares UltraShort Oil & Gas stock?
DUG stock was purchased by a variety of institutional investors in the last quarter, including SG Americas Securities LLC and Advisors Preferred LLC.
How do I buy shares of ProShares UltraShort Oil & Gas?
Shares of DUG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ProShares UltraShort Oil & Gas' stock price today?
One share of DUG stock can currently be purchased for approximately $37.78.
How big of a company is ProShares UltraShort Oil & Gas?
ProShares UltraShort Oil & Gas has a market capitalization of $11.98 million.
What is ProShares UltraShort Oil & Gas' official website?
How can I contact ProShares UltraShort Oil & Gas?
ProShares UltraShort Oil & Gas' mailing address is 7501 Wisconsin Avenue Suite 1000, Bethesda, MD 20814, United States. The company can be reached via phone at +1-240-4976400.
MarketBeat Community Rating for ProShares UltraShort Oil & Gas (NYSEARCA DUG)
MarketBeat's community ratings are surveys of what our community members think about ProShares UltraShort Oil & Gas and other stocks. Vote "Outperform" if you believe DUG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DUG will underperform the S&P 500 over the long term. You may vote once every thirty days.
