Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation. Under normal circumstances, it focuses on creating long positions, by investing at least 80% of its net assets in the equity securities that comprise its underlying index and/or futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; swap agreements; forward contracts; repurchase agreements, and reverse repurchase agreements. The Fund's investment manager is Rafferty Asset Management LLC.
Basic Details
Issuer Direxion
Fund NameDirexion Daily FTSE China Bull 3X Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:YINN
Inception Date12/3/2009
Fund ManagerPaul Brigandi, Tony Ng
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkFTSE China 50 Index
CategoryBroad Equity
FocusBroad Equity
Development LevelEmerging Markets
RegionAsia-Pacific
Fund Statistics
Assets Under Management$374.76 million
Average Daily Volume$3.26 million
Discount/Premium-0.04%
ETF Expenses
Management Fee0.75%
Other Expenses0.64%
Total Expenses1.39%
Fee Waiver-0.05%
Net Expenses1.34%
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 FTSE China Bull 3X Shares (NYSEARCA:YINN) Frequently Asked Questions
What is Direxion Daily FTSE China Bull 3X Shares' stock symbol?
Direxion Daily FTSE China Bull 3X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "YINN."
How often does Direxion Daily FTSE China Bull 3X Shares pay dividends? What is the dividend yield for Direxion Daily FTSE China Bull 3X Shares?
Direxion Daily FTSE China Bull 3X Shares announced a quarterly dividend on Monday, December 23rd. Investors of record on Tuesday, December 24th will be paid a dividend of $0.1221 per share on Tuesday, December 31st. This represents a $0.49 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from Direxion Daily FTSE China Bull 3X Shares's previous quarterly dividend of $0.06. View Direxion Daily FTSE China Bull 3X Shares' Dividend History.
Has Direxion Daily FTSE China Bull 3X Shares been receiving favorable news coverage?
Press coverage about YINN stock has been trending extremely negative recently, according to InfoTrie. The research firm identifies negative and positive news 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. Direxion Daily FTSE China Bull 3X Shares earned a news sentiment score of -4.9 on InfoTrie's scale. They also assigned headlines about the exchange traded fund a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Direxion Daily FTSE China Bull 3X Shares.
What other stocks do shareholders of Direxion Daily FTSE China Bull 3X Shares own?
Who are Direxion Daily FTSE China Bull 3X Shares' key executives?
Direxion Daily FTSE China Bull 3X Shares' management team includes the folowing people:
- Daniel D. ONeill, Chief Executive Officer, Chief Investment Officer, Trustee (Age 46)
- Eric Falkeis, Principal Executive Officer, Trustee (Age 40)
- David L. Driscoll, Independent Trustee
- Jacob C. Gaffey, Independent Trustee (Age 60)
- Gerald E. Shanley III, Independent Trustee (Age 69)
- John A. Weisser, Independent Trustee (Age 72)
Who are Direxion Daily FTSE China Bull 3X Shares' major shareholders?
Direxion Daily FTSE China Bull 3X Shares' stock is owned by many different of institutional and retail investors. Top institutional investors include XR Securities LLC (1.54%), IMC Chicago LLC (0.48%), Virtu Financial LLC (0.36%), Citigroup Inc. (0.04%) and Cypress Capital Management LLC WY (0.01%).
Which major investors are selling Direxion Daily FTSE China Bull 3X Shares stock?
YINN stock was sold by a variety of institutional investors in the last quarter, including Cypress Capital Management LLC WY.
Which major investors are buying Direxion Daily FTSE China Bull 3X Shares stock?
YINN stock was purchased by a variety of institutional investors in the last quarter, including XR Securities LLC, IMC Chicago LLC, Virtu Financial LLC and Citigroup Inc..
How do I buy shares of Direxion Daily FTSE China Bull 3X Shares?
Shares of YINN 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, Robinhood, Fidelity and Charles Schwab.
What is Direxion Daily FTSE China Bull 3X Shares' stock price today?
One share of YINN stock can currently be purchased for approximately $19.70.
How big of a company is Direxion Daily FTSE China Bull 3X Shares?
What is Direxion Daily FTSE China Bull 3X Shares' official website?
MarketBeat Community Rating for Direxion Daily FTSE China Bull 3X Shares (NYSEARCA YINN)
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily FTSE China Bull 3X Shares and other stocks. Vote "Outperform" if you believe YINN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe YINN will underperform the S&P 500 over the long term. You may vote once every thirty days.
