ProFunds UltraLatin America Fund Investor Class (UBPIX)
| Fund Assets | 6.85M |
| Expense Ratio | 1.78% |
| Min. Investment | $15,000 |
| Turnover | 111.00% |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 4.91% |
| Dividend Growth | -9.84% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 16.40 |
| YTD Return | 45.44% |
| 1-Year Return | 17.27% |
| 5-Year Return | 116.48% |
| 52-Week Low | 10.74 |
| 52-Week High | 16.58 |
| Beta (5Y) | 1.84 |
| Holdings | 44 |
| Inception Date | Oct 16, 2007 |
About UBPIX
ProFunds UltraLatin America Fund Investor Class is a mutual fund designed to provide leveraged exposure to the performance of Latin American equities. The fund aims to achieve daily investment results, before fees and expenses, that correspond to a set multiple of the daily performance of an index comprised of companies domiciled in Latin America, with particular emphasis on those meeting specific listing criteria, such as Level II or III American Depositary Receipts. By utilizing a combination of derivatives and direct equity positions, the fund offers investors amplified access to a diverse range of Latin American industries, including energy, materials, financials, and consumer sectors. With a focus on capital appreciation and the potential for enhanced returns during periods of regional market movement, the ProFunds UltraLatin America Fund plays a distinct role within the leveraged mutual fund category. Its structure is intended for tactical strategies or short-term positions rather than long-term buy-and-hold approaches, reflecting its high portfolio turnover and sensitivity to daily index changes. The fund’s strategy makes it a tool for investors or institutions seeking to capitalize on the volatility and growth potential of Latin American markets.
Performance
UBPIX had a total return of 17.27% in the past year, including dividends. Since the fund's inception, the average annual return has been -13.28%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| UBPSX | Service Class | 2.78% |
Top 10 Holdings
57.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Itau Unibanco Holding SA | BVXB.DE | 9.50% |
| Vale S.A. | VALE | 9.43% |
| Petroleo Brasileiro SA | PJX.DE | 6.41% |
| Petróleo Brasileiro S.A. - Petrobras | PBR | 5.93% |
| Fomento Económico Mexicano, S.A.B. de C.V. | FMX | 5.14% |
| SOCIETE' GENERALE 4.23 , 5/01/2025 | n/a | 5.06% |
| HSBC SECURITIES (USA), INC. 4.28 , 5/01/2025 | n/a | 4.81% |
| América Móvil, S.A.B. de C.V. | AMX | 4.34% |
| Banco Bradesco S.A. | BBD | 3.66% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 3.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.79141 | Jan 2, 2025 |
| Dec 28, 2023 | $0.87776 | Dec 29, 2023 |
| Dec 29, 2022 | $1.50996 | Dec 30, 2022 |
| Dec 30, 2021 | $0.83335 | Dec 31, 2021 |
| Dec 30, 2020 | $0.08832 | Dec 31, 2020 |
| Dec 30, 2019 | $0.42664 | Dec 30, 2019 |