Key stats
About ProShares Short 7 10 Year Treasury
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Inception date
Apr 4, 2011
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
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
TBX provides daily inverse (-1x) exposure to the performance of an index of US Treasurys with 7 to 10 years remaining in maturity. The fund holds a combination of index swaps and US Treasury futures to provide its exposure. As an inverse instrument, TBX appreciates when interest rates rise, making it a daily bet on and/or hedge against rising rates. As a tactical tool, investors can worry a bit less about TBX's expense ratio, but they should pay extra attention to TBX's trading characteristics to determine if it has enough liquidity to support same-day entry and exit. Note: Due to the daily reset feature, TBX requires constant monitoring and rebalancing if used as an interest-rate hedge. TBX changed its underlying index from Bloomberg Barclays U.S. 7-10 Year Treasury Bond Index to ICE U.S. Treasury 7-10 Year Bond Index on October 14, 2016. The change has minimal impact on investor's exposure.
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
Cash
Government
Bonds, Cash & Other100.00%
Cash83.67%
Government16.33%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TBX last dividends amounted to 0.22 USD. The quarter before, the issuer paid 0.88 USD in dividends, which shows a 291.86% decrease.
TBX assets under management is 12.22 M USD. It's risen 1.03% over the last month.
TBX fund flows account for −3.97 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TBX pays dividends to its holders with the dividend yield of 3.64%. The last dividend (Apr 1, 2025) amounted to 0.22 USD. The dividends are paid quarterly.
TBX shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Apr 4, 2011, and its management style is Passive.
TBX expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
TBX follows the ICE BofA US Treasury (7-10 Y). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TBX invests in cash.
TBX price has fallen by −0.59% over the last month, and its yearly performance shows a −4.12% decrease. See more dynamics on TBX price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.41% increase in three-month performance and has increased by 2.12% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.41% increase in three-month performance and has increased by 2.12% in a year.
TBX trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.