DDDirexion Daily 20-Yr Treasury Bull 3x Shrs
37.03USDR
+0.27+0.73%
As of today at 16:10 GMT
USD
No trades
Key stats
About Direxion Daily 20-Yr Treasury Bull 3x Shrs
Home page
Inception date
Apr 16, 2009
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
TMF provides daily leveraged (3x) exposure to the ICE U.S. Treasury 20+ Year Bond Index. Using a combination of swaps and futures, TMF gives investors 3x exposure to daily moves in T-bonds with more than 20 years left to maturity. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than one day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the 3x leverage results in greater impact from the effects of compounding. As a levered product, TMF is not a buy-and-hold ETF, it's a short-term tactical instrument. Prior to May 2, 2016, TMF tracked the NYSE 20+ Year Treasury Bond Index. The change had minimal impact on investors exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF65.92%
Cash34.08%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Symbol
Assets
Dividends
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
0.00
0.15
0.30
0.45
0.60
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Mar 25, 2025
Mar 25, 2025
Apr 1, 2025
0.288
Quarterly
Dec 23, 2024
Dec 23, 2024
Dec 31, 2024
0.524
Quarterly
Sep 24, 2024
Sep 24, 2024
Oct 1, 2024
0.435
Quarterly
Jun 25, 2024
Jun 25, 2024
Jul 2, 2024
0.435
Quarterly
Mar 19, 2024
Mar 20, 2024
Mar 26, 2024
0.320
Quarterly
Dec 21, 2023
Dec 22, 2023
Dec 29, 2023
0.497
Quarterly
Sep 19, 2023
Sep 20, 2023
Sep 26, 2023
0.501
Quarterly
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TMF last dividends amounted to 0.29 USD. The quarter before, the issuer paid 0.52 USD in dividends, which shows a 82.12% decrease.
TMF assets under management is 4.72 B USD. It's risen 7.06% over the last month.
TMF fund flows account for 879.60 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TMF pays dividends to its holders with the dividend yield of 4.58%. The last dividend (Apr 1, 2025) amounted to 0.29 USD. The dividends are paid quarterly.
TMF shares are issued by Rafferty Asset Management LLC under the brand Direxion. The ETF was launched on Apr 16, 2009, and its management style is Passive.
TMF expense ratio is 0.91% meaning you'd have to pay 0.91% of your investment to help manage the fund.
TMF follows the US Treasury 20+ Year Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TMF invests in funds.
TMF price has fallen by −4.22% over the last month, and its yearly performance shows a −23.71% decrease. See more dynamics on TMF price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.23% over the last month, showed a −13.84% decrease in three-month performance and has decreased by −22.09% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.23% over the last month, showed a −13.84% decrease in three-month performance and has decreased by −22.09% in a year.
TMF trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.