Symbols

MIDU

Direxion Daily Mid Cap Bull 3X ETF·ARCA

--(--)

Key Stats

Assets Under Management

65.74MUSD

Fund Flow (1Y)

-22.88MUSD

Dividend Yield

1.18%

Discount / Premium to NAV

-0.07%

Shares Outstanding

1.25M

Expense Ratio

0.98%

About Direxion Daily Mid Cap Bull 3X ETF

Issuer

Rafferty Asset Management, LLC

Brand

Direxion

Home Page

https://www.direxion.com/product/daily-mid-cap-bull-3x-etf

Inception Date

Jan 8, 2009

Structure

Open-Ended Fund

Index Tracked

S&P MidCap 400 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

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.