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
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
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
Stocks52.21%
Finance13.72%
Producer Manufacturing5.47%
Technology Services3.57%
Electronic Technology3.31%
Retail Trade3.16%
Health Technology3.05%
Consumer Services2.38%
Industrial Services2.17%
Process Industries1.93%
Non-Energy Minerals1.92%
Transportation1.67%
Consumer Non-Durables1.65%
Energy Minerals1.64%
Distribution Services1.51%
Utilities1.32%
Consumer Durables1.28%
Commercial Services1.12%
Health Services1.09%
Communications0.27%
Bonds, Cash & Other47.79%
Cash47.79%
Stock breakdown by region
North America98.14%
Europe1.86%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history