Summary
TMF Chart
Fed Easing Could Heat These ETFs This Summer
May's inflation data could bring Treasury bulls back into the fray. If the Fed has the signal they need to start easing monetary policy, then it could bring up the Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) and the Direxion Daily 7-10 Year Treasury Bull 3X Shares (TYD).
TMF: Not Favorable In Fat-Tailed Conflict Environment
TMF is correlated with shorter-duration ETFs, meaning that it's affected by what's happening to oil prices, inflation outlook and conflict in the Middle East. Long-term risks include concerns over the USD's reserve currency status, which is reflected in long-term yields. Given heightened geopolitical risks and uncertain rate expectations, I do not view duration bets like TMF as attractive at this time.
Heavy Market Volatility Creates Opportunities for Treasuries
Tariffs are roiling the major stock market indexes with volatility. So investors have been pouring into bonds to escape the turmoil.
Direxion Daily 20+ Year Treasury Bull 3X Shares Dividends
 TMF 7 months ago Paid | Quarterly | $0.52 Per Share |
| TMF 10 months ago Paid | Quarterly | $0.44 Per Share |
| TMF 25 Jun 2024 Paid | Quarterly | $0.43 Per Share |
| TMF 19 Mar 2024 Paid | Quarterly | $0.32 Per Share |
| TMF 21 Dec 2023 Paid | Quarterly | $0.5 Per Share |
Direxion Daily 20+ Year Treasury Bull 3X Shares Earnings
| TMF 7 months ago Paid | Quarterly | $0.52 Per Share |
| TMF 10 months ago Paid | Quarterly | $0.44 Per Share |
| TMF 25 Jun 2024 Paid | Quarterly | $0.43 Per Share |
| TMF 19 Mar 2024 Paid | Quarterly | $0.32 Per Share |
| TMF 21 Dec 2023 Paid | Quarterly | $0.5 Per Share |
Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Direxion Daily 20+ Year Treasury Bull 3X Shares ever had a stock split?
Direxion Daily 20+ Year Treasury Bull 3X Shares Profile
| ARCA Exchange | US Country |
Overview
The described fund is a specialized investment vehicle that focuses on providing its investors with leveraged exposure to U.S. Treasury securities with long maturities. It primarily invests in a combination of financial instruments, including swap agreements, index securities, and ETFs that collectively aim to offer 3X daily leveraged returns based on the performance of its target index. The index in question comprises U.S. Treasury securities that have a remaining maturity of over 20 years, making it a market value weighted index. This fund operates with a specific focus and is classified as non-diversified, concentrating its investments in a way that seeks to amplify the daily returns of its benchmark index.
Products and Services
The fund offers a unique investment opportunity through a range of financial instruments designed to magnify the returns of long maturity U.S. Treasury securities. Below are the key components of its investment approach:
- Swap Agreements: These are contracts through which two parties exchange financial instruments or cash flows based on the underlying index's performance. The fund utilizes swap agreements as a primary tool to achieve its leveraged exposure, enabling it to magnify the daily performance of the targeted U.S. Treasury securities.
- Securities of the Index: Direct investment in the securities that comprise the index is another strategy the fund employs. These may include various U.S. Treasury securities with more than 20 years until maturity. This direct investment approach supports the fund's objective to track the index as closely as possible, thereby providing leveraged returns.
- ETFs that Track the Index: The fund may also invest in Exchange-Traded Funds (ETFs) that themselves seek to replicate the performance of the underlying index. By investing in these ETFs, the fund can obtain broader exposure to the index's performance in a cost-effective and efficient manner, further contributing to its goal of providing 3X daily leveraged exposure to investors.
Contact Information
