NASDAQ:MSFD

Direxion Daily MSFT Bear 1X Shares (MSFD) Price, Holdings, & News

$14.37
-0.07 (-0.48%)
(As of 04/24/2024 ET)
Today's Range
$14.30
$14.46
50-Day Range
$13.62
$14.75
52-Week Range
$13.60
$21.73
Volume
85,936 shs
Average Volume
86,569 shs
Market Capitalization
$5.75 million
Assets Under Management
$8.99 million
Dividend Yield
4.94%
Net Expense Ratio
0.97%

About Direxion Daily MSFT Bear 1X Shares

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.

MSFD Stock Price History

MSFD ETF News Headlines

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily MSFT Bear 1X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:MSFD
Inception Date
9/7/2022
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Single Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
13

Fund Statistics

Assets Under Management
$9.02 million
Average Daily Volume
$0.00
Discount/Premium
0.01%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Miscellaneous

Beta
1.55
Creation Unit
25,000
Creation Fee
$250.00
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Direxion Daily MSFT Bear 1X Shares Expenses

TypeMSFDSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%1.00%0.54%0.48%0.51%
Other Expenses0.24%0.30%0.54%0.34%0.58%
Total Expense0.99%1.11%0.70%0.58%0.70%
Fee Waiver-0.02%-0.12%-0.54%-0.22%-0.57%
Net Expense0.97%1.05%0.60%0.54%0.58%

Direxion Daily MSFT Bear 1X Shares (MSFD) Holdings

Top 6 MSFD Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 68.26%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 20.85%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 11.57%
  • Microsoft Inc Swap
    Holding Weight: -28.98%
  • Microsoft Inc Swap
    Holding Weight: -32.17%
  • Microsoft Inc Swap
    Holding Weight: -38.85%

MSFD ETF - Frequently Asked Questions

How have MSFD shares performed in 2024?

Direxion Daily MSFT Bear 1X Shares' stock was trading at $15.58 at the start of the year. Since then, MSFD stock has decreased by 7.8% and is now trading at $14.37.
View the best growth stocks for 2024 here
.

Are investors shorting Direxion Daily MSFT Bear 1X Shares?

Direxion Daily MSFT Bear 1X Shares saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,400 shares, an increase of 266.7% from the March 15th total of 1,200 shares. Based on an average trading volume of 4,700 shares, the days-to-cover ratio is currently 0.9 days.
View Direxion Daily MSFT Bear 1X Shares' Short Interest
.

How often does Direxion Daily MSFT Bear 1X Shares pay dividends? What is the dividend yield for Direxion Daily MSFT Bear 1X Shares?

Direxion Daily MSFT Bear 1X Shares declared a quarterly dividend on Monday, March 18th. Shareholders of record on Wednesday, March 20th will be given a dividend of $0.1291 per share on Tuesday, March 26th. This represents a $0.52 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date is Tuesday, March 19th.
Read our dividend analysis for MSFD
.

What does MSFD invest in?

Direxion Daily MSFT Bear 1X Shares is a equity fund issued by Direxion. MSFD focuses on single stock investments. The fund's investments total to approximately $8.99 million assets under management.

What is the management fee for Direxion Daily MSFT Bear 1X Shares?

Direxion Daily MSFT Bear 1X Shares' management fee is 0.75% and has other expenses of 0.24%. However, MSFD has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for MSFD is 0.97%.

How do I buy shares of Direxion Daily MSFT Bear 1X Shares?

Shares of MSFD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MSFD) was last updated on 4/25/2024 by MarketBeat.com Staff

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