Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges. The Index utilizes a measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators. The India Index has 50 constituents, spread among sectors, which include information technology, health services, financial services, heavy industry and consumer products.
Basic Details
Issuer Direxion
Fund NameDirexion Daily MSCI India Bull 3x Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:INDL
Inception Date3/9/2010
Fund ManagerPaul Brigandi, Tony Ng
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkMSCI India Index
CategoryBroad Equity
FocusBroad Equity
Development LevelEmerging Markets
RegionAsia-Pacific
Fund Statistics
Assets Under Management$75.41 million
Average Daily Volume$63,862.90
Discount/Premium-0.09%
ETF Expenses
Management Fee0.75%
Other Expenses0.64%
Total Expenses1.39%
Fee Waiver-0.03%
Net Expenses1.36%
Administrator, Advisor and Custodian
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerVirtu Financial
Direxion Daily MSCI India Bull 3x Shares (NYSEARCA:INDL) Frequently Asked Questions
What is Direxion Daily MSCI India Bull 3x Shares' stock symbol?
Direxion Daily MSCI India Bull 3x Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "INDL."
How often does Direxion Daily MSCI India Bull 3x Shares pay dividends? What is the dividend yield for Direxion Daily MSCI India Bull 3x Shares?
Direxion Daily MSCI India Bull 3x Shares announced a quarterly dividend on Tuesday, March 19th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.0723 per share on Tuesday, March 26th. This represents a $0.29 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Tuesday, March 19th. View Direxion Daily MSCI India Bull 3x Shares' Dividend History.
Has Direxion Daily MSCI India Bull 3x Shares been receiving favorable news coverage?
Press coverage about INDL stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Direxion Daily MSCI India Bull 3x Shares earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Direxion Daily MSCI India Bull 3x Shares.
What other stocks do shareholders of Direxion Daily MSCI India Bull 3x Shares own?
Who are Direxion Daily MSCI India Bull 3x Shares' major shareholders?
Direxion Daily MSCI India Bull 3x Shares' stock is owned by a number of of retail and institutional investors. Top institutional investors include XR Securities LLC (0.63%).
Which major investors are buying Direxion Daily MSCI India Bull 3x Shares stock?
INDL stock was acquired by a variety of institutional investors in the last quarter, including XR Securities LLC.
How do I buy shares of Direxion Daily MSCI India Bull 3x Shares?
Shares of INDL 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 Direxion Daily MSCI India Bull 3x Shares' stock price today?
One share of INDL stock can currently be purchased for approximately $71.88.
How big of a company is Direxion Daily MSCI India Bull 3x Shares?
What is Direxion Daily MSCI India Bull 3x Shares' official website?
MarketBeat Community Rating for Direxion Daily MSCI India Bull 3x Shares (NYSEARCA INDL)
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily MSCI India Bull 3x Shares and other stocks. Vote "Outperform" if you believe INDL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INDL will underperform the S&P 500 over the long term. You may vote once every thirty days.
