ProFunds UltraLatin America Fund (UBPSX)
| Fund Assets | 10.47M |
| Expense Ratio | 2.78% |
| Min. Investment | $5,000 |
| Turnover | 150.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.36% |
| Dividend Growth | -17.55% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 19.83 |
| YTD Return | 81.06% |
| 1-Year Return | 77.10% |
| 5-Year Return | 61.86% |
| 52-Week Low | 10.32 |
| 52-Week High | 21.17 |
| Beta (5Y) | n/a |
| Holdings | 45 |
| Inception Date | Oct 16, 2007 |
About UBPSX
The ProFunds UltraLatin America Fund Service Class is a leveraged mutual fund designed to offer investors amplified exposure to Latin American equities. Its primary objective is to achieve daily investment results, before fees and expenses, that are twice (2x) the return of the S&P Latin America 35 ADR Index. The fund accomplishes this by investing in financial instruments that, in combination, aim to reflect double the daily performance of its benchmark index. This approach differentiates it from traditional mutual funds by targeting short-term leveraged results rather than long-term index tracking. The fund encompasses both growth and value stocks across various market capitalizations, providing a broad representation of the Latin American market landscape. It is particularly relevant for investors seeking to capitalize on short-term movements in the Latin American markets using a leveraged strategy. By focusing on companies from diverse industries within the region, the fund plays a distinctive role for those pursuing amplified market exposure within the context of Latin America’s dynamic and evolving economies.
Performance
UBPSX had a total return of 77.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.12%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| UBPIX | Investor Class | 1.78% |
Top 10 Holdings
54.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Vale S.A. | VALE | 8.80% |
| Itau Unibanco Holding SA | BVXB.DE | 8.60% |
| Petroleo Brasileiro SA | PJX.DE | 6.44% |
| Petróleo Brasileiro S.A. - Petrobras | PBR | 6.10% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 4.84% |
| América Móvil, S.A.B. de C.V. | AMX | 4.37% |
| Fomento Económico Mexicano, S.A.B. de C.V. | FMX | 4.01% |
| CEMEX, S.A.B. de C.V. | CX | 3.84% |
| SOCIETE' GENERALE 4.22 , 8/01/2025 | n/a | 3.72% |
| HSBC SECURITIES (USA), INC. 4.25 , 8/01/2025 | n/a | 3.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.66714 | Jan 2, 2025 |
| Dec 28, 2023 | $0.80911 | Dec 29, 2023 |
| Dec 29, 2022 | $1.31003 | Dec 30, 2022 |
| Dec 30, 2021 | $0.56842 | Dec 31, 2021 |
| Dec 30, 2020 | $0.01868 | Dec 31, 2020 |
| Dec 28, 2011 | $0.2872 | Dec 28, 2011 |