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Direxion Mid Cap Bull 3X SharesDirexion Mid Cap Bull 3X SharesDirexion Mid Cap Bull 3X Shares

Direxion Mid Cap Bull 3X Shares

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Overview
Analysis Holdings Ideas Discussions Technicals Seasonals Options

MIDU chart


Full chart

Key stats


Assets under management (AUM)
‪58.41 M‬ USD
Fund flows (1Y)
‪17.76 M‬ USD
Dividend yield (indicated)
2.15%
Discount/Premium to NAV
0.1%
Shares outstanding
‪1.85 M‬
Expense ratio
0.99%

About Direxion Mid Cap Bull 3X Shares


Issuer
Rafferty Asset Management LLC
Brand
Direxion
Home page
direxioninvestments.com
Inception date
Jan 8, 2009
Structure
Open-Ended Fund
Index tracked
S&P Mid Cap 400
Management style
Passive
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


Asset Class
Equity
Category
Size and style
Focus
Mid cap
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Committee

MIDU analysis


What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Mutual fund
Cash
Stock breakdown by region
98%1%

Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

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