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TMV - Direxion Daily 20 Plus Year Treasury Bear 3X Shares

Stock Price: $74.51 USD 1.61 (2.21%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $231.15M
NAV $72.82
Expense Ratio 1.04%
PE Ratio n/a
Beta (5Y) 0.80
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date Mar 24, 2020
1-Year Return -
Trading Day April 16
Last Price $74.51
Previous Close $72.90
Change ($) 1.61
Change (%) 2.21%
Day's Open 74.79
Day's Range 73.78 - 75.00
Day's Volume 358,031
52-Week Range 43.85 - 86.23

Fund Description

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
Fixed Income
Sector
Bonds
Region
North America
Inception Date
Apr 16, 2009
Exchange
NYSEARCA
Ticker Symbol
TMV
Index Tracked
ICE U.S. Treasury 20 Plus Year Bond Index

Dividends

Ex-DividendAmountPay Date
Mar 24, 2020$0.202Mar 31, 2020
Dec 23, 2019$0.021Dec 31, 2019
Sep 24, 2019$0.055Oct 1, 2019
Jun 25, 2019$0.07Jul 2, 2019
Mar 19, 2019$0.043Mar 26, 2019
Dec 27, 2018$0.055Jan 4, 2019
Full Dividend History

News

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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.

Other tickers mentioned: LABU, SOXS
4 days ago - ETF Trends

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...

3 weeks ago - ETF Trends

Inflation fears took a step back this week, but the threat of rising Treasury yields has certainly not evaporated. If that's the case, it could help to be a bear on benchmark Treasury notes using the Di...

1 month ago - ETF Trends

Investors are putting their money in ETFs that bet against U.S. Treasury bonds. For them, we have highlighted four inverse or leveraged inverse ETFs that could be worth buying for huge gains in a short ...

Other tickers mentioned: GS, TBF, TBT, TTT
1 month ago - Zacks Investment Research

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...

Other tickers mentioned: TYO
1 month ago - ETF Trends

The 10-year U.S. Treasury yield rose above 1.3% for the first time in nearly a year on Feb 16.

Other tickers mentioned: TBF, TBT, TTT
2 months ago - Zacks Investment Research

As the capital markets continue to digest news regarding positivism around a vaccine amid rising coronavirus cases, the risk-on sentiment is bringing in the bears for the bond market as of late, accordi...

Other tickers mentioned: TYO
4 months ago - ETF Trends

With brewing unrest that the coronavirus pandemic could become even more inflamed and additional stimulus remains uncertain, bonds have been a popular safe haven along with precious metals in 2020. But ...

Other tickers mentioned: TMF, TYD, TYO
8 months ago - ETF Trends

The Covid-19 pandemic continues to be the proverbial thorn in everybody’s side unless you’re bullish on bond prices and bearish on yields. The uncertainty of the pandemic continues to rain a heavy dose ...

Other tickers mentioned: TMF, TYD, TYO
8 months ago - ETF Trends

With news of a possible second round of government stimulus flooding the capital markets, if the central bank maintains its stance on keeping rates low, the whole yield curve could fall under the 1% mar...

Other tickers mentioned: TMF, TYD, TYO
8 months ago - ETF Trends

The downward spiral of yields in 2020 keeps on continuing as the gross domestic product (GDP) fell by a whopping 32.9% during the second quarter as the Covid-19 pandemic put a stranglehold on the econom...

Other tickers mentioned: TMF, TYD, TYO
8 months ago - ETF Trends

Federal government stimulus has been the Treasury investor’s best friend as of late, which helped to drive the benchmark 10-year yield up to a 3-week high recently. The Treasury Department will be incre...

Other tickers mentioned: TMF, TYD, TYO
11 months ago - ETF Trends

Bond trading can be tricky, especially in today’s raucous market where investors have been piling into bonds like coronavirus preppers have been piling into toilet paper.

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

Wednesday’s trading session saw yields climb after the Bureau of Labor Statistics said producer price inflation during the month of January was better than expected.

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

The capital markets remain fixed on the coronavirus outbreak as more news out of China is reporting more new cases and deaths related to the illness.

Other tickers mentioned: TLT, TMF, TYD, TYO
1 year ago - ETF Trends

As the coronavirus continues to be the biggest question mark in the capital markets, it’s feeding into a sustained movement into safe haven government debt, which is driving Treasury yields down

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

It’s never too early for the Federal Reserve to start thinking about what measures to take in order to stymie the effects of a recession, especially at a time now when many market experts feel the exten...

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

Investors turned up the dial on safe haven assets to start the week’s trading session after a U.S. airstrike killed a top Iranian general last week, but Iran’s latest retaliatory measures weren’t enough...

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

The bond market landscape of low yields and higher bond prices could be replaced with the opposite in 2020 thanks to renewed investor confidence as a result of a U.S.-China “phase one” trade deal last w...

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

The U.S.-China trade war continues to move the capital markets as news flip flops on a trade deal being close to done and then later on, both sides being world apart from an ironclad deal.

Other tickers mentioned: TMF, TYD, TYO
1 year ago - ETF Trends

With the Federal Reserve lowering interest rates in July and investors flocking to safe-haven assets in August as US/China trade tensions spiked, it was a wild summer for leveraged fixed income exchange...

Other tickers mentioned: TMF, TYD
1 year ago - Benzinga