Symbols

LTL

ProShares Ultra Communication Services·NYSE

--(--)

Key Stats

Assets Under Management

14.98MUSD

Fund Flows (1Y)

5.42MUSD

Dividend Yield

0.67%

Discount/Premium to NAV

-0.26%

Shares Outstanding

550.00K

Expense Ratio

0.95%

About ProShares Ultra Communication Services

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/ltl

Inception Date

Mar 25, 2008

Structure

Open-Ended Fund

Index Tracked

S&P Communication Services Select Sector Index

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

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

LTL provides 2x leveraged exposure to the Dow Jones US Select Telecommunications Index, a market-cap-weighted index of US telecom companies. Specifically, it holds a concentrated portfolio of firms involved in fixed line (regional and long-distance) and mobile telephone services (cellular, satellite, and paging). As a geared product with 2x factor that rebalances daily, LTL is not a buy-and-hold ETF, it's a short-term tactical instrument. As a result, long-term returns can vary significantly from those of the underlying index due to daily compounding. Prior to March 20, 2023, the fund was called ProShares Ultra Telecommunications that tracked the Dow Jones U.S. Select Telecommunications Index.