TMV - Direxion Daily 20 Plus Year Treasury Bear 3X Shares
|Ex-Dividend Date||Mar 24, 2020|
|Trading Day||April 16|
|Day's Range||73.78 - 75.00|
|52-Week Range||43.85 - 86.23|
The investment seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a market value weighted index that includes publicly issued U.S. Treasury securities that have a remaining maturity of greater than 20 years. It is non-diversified.
|Asset Class |
|Inception Date |
Apr 16, 2009
|Ticker Symbol |
|Index Tracked |
ICE U.S. Treasury 20 Plus Year Bond Index
|Mar 24, 2020||$0.202||Mar 31, 2020|
|Dec 23, 2019||$0.021||Dec 31, 2019|
|Sep 24, 2019||$0.055||Oct 1, 2019|
|Jun 25, 2019||$0.07||Jul 2, 2019|
|Mar 19, 2019||$0.043||Mar 26, 2019|
|Dec 27, 2018||$0.055||Jan 4, 2019|
Direxion's weekly ETF fund flows could shed light on what traders are thinking. The top three point to interest in long-term bond prices, biotech strength, and semiconductor weakness.
It's good to be a bear lately when it comes to the rising tide of benchmark Treasury yields. The increase is feeding into inverse trading profits with funds like the Direxion Daily 20+ Yr Trsy Bear 3X E...
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Rising yields are putting downward pressure on bonds. These yields fit right into the hands of bearish bond traders with leveraged ETFs like the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) and the Dire...
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