Key stats
About Direxion Mid Cap Bull 3X Shares
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Inception date
Jan 8, 2009
Structure
Open-Ended Fund
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
Stocks65.06%
Finance16.47%
Producer Manufacturing6.58%
Technology Services5.04%
Electronic Technology4.24%
Retail Trade4.06%
Health Technology3.70%
Consumer Services3.10%
Industrial Services2.88%
Non-Energy Minerals2.48%
Process Industries2.32%
Transportation2.16%
Consumer Non-Durables1.98%
Distribution Services1.89%
Energy Minerals1.78%
Utilities1.63%
Consumer Durables1.55%
Health Services1.44%
Commercial Services1.41%
Communications0.33%
Bonds, Cash & Other34.94%
Cash34.94%
Stock breakdown by region
North America98.13%
Europe1.87%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history