ProFunds Banks UltraSector Fund Investor Class (BKPIX)
| Fund Assets | 8.57M |
| Expense Ratio | 1.78% |
| Min. Investment | $15,000 |
| Turnover | 163.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 0.70% |
| Dividend Growth | -41.74% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 63.52 |
| YTD Return | 7.36% |
| 1-Year Return | 42.15% |
| 5-Year Return | 136.36% |
| 52-Week Low | 44.71 |
| 52-Week High | 72.58 |
| Beta (5Y) | n/a |
| Holdings | 107 |
| Inception Date | Sep 4, 2001 |
About BKPIX
The ProFunds Banks UltraSector Fund Investor Class is a leveraged mutual fund designed to deliver 1.5 times the daily performance of the S&P Banks Select Industry Index, before fees and expenses. Its primary objective is to provide amplified exposure to the U.S. banking sector, including a broad array of companies such as national and regional banks, savings institutions, and other firms primarily engaged in banking operations. The fund employs financial instruments and leverage strategies to achieve its targeted daily results, making it particularly sensitive to the movements of its underlying index. This design positions the fund as a tool for investors seeking to capitalize on short-term trends within the banking industry, as its leverage amplifies both gains and losses on a daily basis. The ProFunds Banks UltraSector Fund Investor Class holds over 100 securities, underscoring its diversified approach within its sector focus. Since its inception in 2001, it has played a niche role in the market by serving those looking for tactical exposure to the dynamics of the U.S. banking sector, with particular appeal for sophisticated investors aiming to express specific sector views or manage risk over shorter time horizons.
Performance
BKPIX had a total return of 42.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| BKPSX | Service Class | 2.78% |
Top 10 Holdings
26.49% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 7.10% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 6.72% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 2.54% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 2.44% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 2.10% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 1.82% |
| Mr. Cooper Group Inc. | COOP | 0.99% |
| First BanCorp. | FBP | 0.94% |
| MGIC Investment Corporation | MTG | 0.92% |
| Popular, Inc. | BPOP | 0.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.44966 | Dec 31, 2024 |
| Dec 28, 2023 | $0.77179 | Dec 29, 2023 |
| Dec 29, 2022 | $0.12477 | Dec 30, 2022 |
| Dec 30, 2019 | $0.22566 | Dec 30, 2019 |
| Dec 29, 2009 | $0.0003 | Dec 29, 2009 |
| Dec 30, 2008 | $1.1253 | Dec 30, 2008 |