Key stats
About Direxion Mid Cap Bull 3X Shares
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Inception date
Jan 8, 2009
Structure
Open-Ended Fund
Replication method
Synthetic
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
MIDU aims to provide daily leveraged 3x exposure to the S&P 400 Midcap Index. The fund most commonly invests in swap agreements and futures contracts which are intended to produce economically-leveraged investment results. MIDU is a tactical tool and will attempt to achieve its investment objective without regard to overall market movement. As a levered product, MIDU presents different risks than other types of funds and is thus not a buy-and-hold investment. It should not be expected to provide index leverage returns greater than a one-day period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Cash
Stocks70.17%
Finance17.51%
Producer Manufacturing7.02%
Technology Services5.33%
Electronic Technology4.70%
Retail Trade4.59%
Health Technology4.37%
Consumer Services3.38%
Industrial Services3.01%
Process Industries2.99%
Energy Minerals2.50%
Non-Energy Minerals2.43%
Transportation2.33%
Consumer Non-Durables2.06%
Distribution Services1.77%
Consumer Durables1.75%
Commercial Services1.50%
Utilities1.47%
Health Services1.19%
Communications0.26%
Bonds, Cash & Other29.83%
Cash29.83%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history