Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. The Index constituent bonds are weighted by their relative amounts outstanding. Rafferty Asset Management, LLC is the Fund's investment adviser.
Basic Details
Issuer Direxion
Fund NameDirexion Daily 20 Year Plus Treasury Bear 3x Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:TMV
Inception Date4/16/2009
Fund ManagerPaul Brigandi, Tony Ng
Phone+1-207-5537110
Fund Focus
Asset ClassFixed Income
BenchmarkNYSE 20+ Yr Treasury Bond TR USD
CategoryU.S. Government
FocusTreasury
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$356.70 million
Average Daily Volume$550,583.00
Discount/Premium-1.05%
ETF Expenses
Management Fee0.75%
Other Expenses0.27%
Total Expenses1.02%
Fee Waiver0.00%
Net Expenses1.02%
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 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) Frequently Asked Questions
What is Direxion Daily 20 Year Plus Treasury Bear 3x Shares' stock symbol?
Direxion Daily 20 Year Plus Treasury Bear 3x Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "TMV."
How often does Direxion Daily 20 Year Plus Treasury Bear 3x Shares pay dividends? What is the dividend yield for Direxion Daily 20 Year Plus Treasury Bear 3x Shares?
Direxion Daily 20 Year Plus Treasury Bear 3x Shares declared a quarterly dividend on Thursday, December 27th. Investors of record on Friday, December 28th will be given a dividend of $0.0555 per share on Friday, January 4th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, December 27th. This is an increase from Direxion Daily 20 Year Plus Treasury Bear 3x Shares's previous quarterly dividend of $0.05. View Direxion Daily 20 Year Plus Treasury Bear 3x Shares' Dividend History.
Has Direxion Daily 20 Year Plus Treasury Bear 3x Shares been receiving favorable news coverage?
Headlines about TMV stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Direxion Daily 20 Year Plus Treasury Bear 3x Shares earned a daily sentiment score of 1.6 on InfoTrie's scale. They also assigned news stories about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.
Who are Direxion Daily 20 Year Plus Treasury Bear 3x Shares' major shareholders?
Direxion Daily 20 Year Plus Treasury Bear 3x Shares' stock is owned by a number of of institutional and retail investors. Top institutional investors include Citigroup Inc. (1.30%), Simplex Trading LLC (0.37%), Jane Street Group LLC (0.37%), Virtu Financial LLC (0.26%), HRT Financial LLC (0.23%) and XR Securities LLC (0.21%).
Which institutional investors are selling Direxion Daily 20 Year Plus Treasury Bear 3x Shares stock?
TMV stock was sold by a variety of institutional investors in the last quarter, including Jane Street Group LLC, Virtu Financial LLC, XR Securities LLC and Citigroup Inc..
Which institutional investors are buying Direxion Daily 20 Year Plus Treasury Bear 3x Shares stock?
TMV stock was bought by a variety of institutional investors in the last quarter, including Simplex Trading LLC, HRT Financial LLC and Two Sigma Securities LLC.
How do I buy shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares?
Shares of TMV 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 20 Year Plus Treasury Bear 3x Shares' stock price today?
One share of TMV stock can currently be purchased for approximately $17.97.
How big of a company is Direxion Daily 20 Year Plus Treasury Bear 3x Shares?
Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a market capitalization of $236.31 million.
What is Direxion Daily 20 Year Plus Treasury Bear 3x Shares' official website?
How can I contact Direxion Daily 20 Year Plus Treasury Bear 3x Shares?
Direxion Daily 20 Year Plus Treasury Bear 3x Shares' mailing address is Three Canal Plaza Suite 100, Portland, 04101, United States. The exchange traded fund can be reached via phone at +1-207-5537110.
MarketBeat Community Rating for Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA TMV)
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily 20 Year Plus Treasury Bear 3x Shares and other stocks. Vote "Outperform" if you believe TMV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TMV will underperform the S&P 500 over the long term. You may vote once every thirty days.
