ProFunds Rising Rates Opp 10 Service (RTPSX)
| Fund Assets | 592.81K |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | 1,297.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 4.11% |
| Dividend Growth | 23.98% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 13.73 |
| YTD Return | -2.00% |
| 1-Year Return | 4.42% |
| 5-Year Return | 30.25% |
| 52-Week Low | 13.37 |
| 52-Week High | 14.58 |
| Beta (5Y) | -0.24 |
| Holdings | 9 |
| Inception Date | Jan 10, 2005 |
About RTPSX
ProFunds Rising Rates Opportunity 10 Fund Service Class is a mutual fund designed to provide inverse exposure to interest rate movements, specifically targeting the daily performance of the 10-year U.S. Treasury note price. The fund aims for daily investment results, before fees and expenses, that correspond to -1x the daily price movement of the most recently issued 10-year U.S. Treasury note. This approach positions the fund to rise in value when the price of the 10-year Treasury note falls, typically an outcome when interest rates increase. To achieve its objective, the fund invests in financial instruments such as derivatives, which include futures contracts and swap agreements, that ProFund Advisors believes will deliver the targeted inverse relationship on a daily basis. This specialized strategy appeals to investors seeking to hedge against rising interest rates or capitalize on short-term declines in Treasury note prices. ProFunds Rising Rates Opportunity 10 Fund Service Class is often used as a tactical tool by active traders and is not considered suitable for long-term, buy-and-hold investment due to the potential for compounding effects and volatility inherent in daily resetting inverse funds. The fund plays a niche role within fixed-income and alternative mutual fund sectors by offering targeted rate sensitivity exposure.
Performance
RTPSX had a total return of 4.42% in the past year, including dividends. Since the fund's inception, the average annual return has been -3.48%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RTPIX | Investor Class | 1.78% |
Top 10 Holdings
95.53% of assets| Name | Symbol | Weight |
|---|---|---|
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 30.65% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 29.04% |
| CREDIT AGRICOLE CIB NY 4.24 , 5/01/2025 | n/a | 10.81% |
| NATWEST MARKETS PLC 4.23 , 5/01/2025 | n/a | 10.49% |
| UMB FINANCIAL CORP. B 4.1 , 5/01/2025 | n/a | 9.84% |
| ROYAL BANK OF CANADA 4.15 , 5/01/2025 | n/a | 7.74% |
| RTPIX_CT10_CIT | n/a | 0.20% |
| RTPIX_CT10_CIT | n/a | -1.07% |
| RTPIX_CT10_SOC | n/a | -2.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.56216 | Jan 2, 2025 |
| Dec 28, 2023 | $0.45342 | Dec 29, 2023 |
| Dec 27, 2007 | $0.1426 | Dec 27, 2007 |
| Dec 28, 2006 | $0.1187 | Dec 28, 2006 |