PEX
Global Listed Private Equity ETF
Why PEX?
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Invests exclusively in a globally diversified portfolio of listed private equity companies whose primary business is direct investments in private enterprises.
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Provides ETF access to listed private equity for investors who either have had difficulty accessing it in other forms or who want more liquidity than is typical of private equity limited partnerships.
Why PEX?
-
Invests exclusively in a globally diversified portfolio of listed private equity companies whose primary business is direct investments in private enterprises.
-
Provides ETF access to listed private equity for investors who either have had difficulty accessing it in other forms or who want more liquidity than is typical of private equity limited partnerships.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| PEX Market Price | -2.25% | -1.08% | 3.06% | 9.50% | 29.19% | -0.30% | 5.68% | 6.18% | 6.61% | 02/26/2013 |
| PEX NAV | -2.35% | -1.00% | 2.64% | 8.53% | 27.65% | -0.37% | 5.54% | 6.13% | 6.53% | 02/26/2013 |
| LPX Direct Listed Private Equity Index | -2.55% | -0.99% | 2.44% | 8.74% | 28.28% | 0.08% | 6.02% | 6.53% | 6.99% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| PEX Market Price | 1.92% | 4.03% | 5.33% | 12.02% | 24.59% | 1.83% | 6.19% | 6.43% | 6.87% | 02/26/2013 |
| PEX NAV | 1.88% | 3.44% | 5.08% | 11.14% | 23.12% | 1.64% | 6.05% | 6.48% | 6.80% | 02/26/2013 |
| LPX Direct Listed Private Equity Index | 2.00% | 3.67% | 5.22% | 11.59% | 23.78% | 2.21% | 6.58% | 6.89% | 7.28% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker PEX
- Intraday Ticker PEX.IV
- CUSIP 74348A533
- Inception Date 2/26/13
- Expense Ratio 2.99%*
- Gross Expense Ratio 4.71%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 10/31/2024- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Weighted Avg. Market Cap $3.85 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield (unsubsidized) 5.13%
- Weighted Average Yield to
Maturity-- - Net Effective Duration --
Price
as of 11/22/2024- NAV $28.22
- NAV Change $+0.21
- Market Price $28.50
- Market Price Change $+0.25
- Trading Volume (M) 5,650
- 30-Day Median Bid Ask Spread 0.42%
- View Premium / Discount
Snapshot
- Ticker PEX
- Intraday Ticker PEX.IV
- CUSIP 74348A533
- Inception Date 2/26/13
- Expense Ratio 2.99%
- Gross Expense Ratio 4.71%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 10/31/2024- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield --
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $3.85 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield (unsubsidized) 5.13%
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 11/22/2024- NAV $28.22
- NAV Change $+0.21
- Market Price $28.50
- Market Price Change $+0.25
- Trading Volume (M) 5,650
- 30-Day Median Bid Ask Spread 0.42%
- View Premium / Discount
Expenses with Contractual Waiver through September 30, 2025. Without the fee waiver performance would likely be lower.
*This ETF has acquired fund fees and expenses of 2.39%. These fees are incurred indirectly through the fund's ownership of shares in other investment companies, such as business development companies. They are not direct costs paid by shareholders or used to calculate net asset value. The fund's net expense ratio including fee waivers and excluding acquired fund fees is 0.60%.
Exposures
Index as of 9/30/2024 and Fund as of 11/22/2024
Holdings
as of 11/22/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 10.45% | III | 3I GROUP PLC | -- | $1,268,500.05 | 28,360 | B1YW440 |
| 10.32% | ARCC | ARES CAPITAL CORP | -- | $1,251,572.76 | 56,838 | B032FN0 |
| 9.14% | FSK | FS KKR CAPITAL CORP | -- | $1,108,484.86 | 50,918 | BLPJL16 |
| 7.55% | ONEX | ONEX CORPORATION | -- | $916,432.89 | 11,427 | 2659518 |
| 6.75% | MAIN | MAIN STREET CAPITAL CORP | -- | $818,562.99 | 15,167 | B28BNR6 |
| 4.47% | GBDC | GOLUB CAPITAL BDC INC | -- | $541,987.20 | 35,424 | B60K6F8 |
| 4.30% | HGT | HGCAPITAL TRUST PLC | -- | $521,672.27 | 77,515 | BJ0LT19 |
| 4.30% | MF | WENDEL | -- | $521,566.58 | 5,350 | 7390113 |
| 4.12% | HTGC | HERCULES CAPITAL INC | -- | $499,803.92 | 26,642 | B07LT08 |
| 4.00% | RF | EURAZEO SE | -- | $485,673.31 | 6,719 | 7042395 |
| 3.05% | TSLX | SIXTH STREET SPECIALTY LENDI | -- | $370,445.06 | 17,827 | BMGGJV9 |
| 2.75% | PSEC | PROSPECT CAPITAL CORP | -- | $333,989.67 | 69,149 | B020VX7 |
| 2.57% | KINVB | KINNEVIK AB - B | -- | $312,059.21 | 45,739 | BRDY8X6 |
| 2.44% | CODI | COMPASS DIVERSIFIED HOLDINGS | -- | $296,562.88 | 12,652 | B14TC70 |
| 2.25% | GSBD | GOLDMAN SACHS BDC INC | -- | $273,081.76 | 21,202 | BWC8Y36 |
| 2.07% | MFIC | MIDCAP FINANCIAL INVESTMENT | -- | $250,756.76 | 17,924 | BGLP5H7 |
| 1.92% | OCSL | OAKTREE SPECIALTY LENDING CO | -- | $233,486.35 | 14,731 | BPVGJR1 |
| 1.76% | HBMN | HBM HEALTHCARE IVST-A | -- | $213,830.26 | 1,089 | B01TCC1 |
| 1.74% | NMFC | NEW MOUNTAIN FINANCE CORP | -- | $210,833.28 | 17,928 | B61WWF5 |
| 1.65% | CSWC | CAPITAL SOUTHWEST CORP | -- | $200,643.35 | 8,615 | 2174583 |
| 1.48% | BBDC | BARINGS BDC INC | -- | $179,479.20 | 17,596 | BFZ4N57 |
| 1.41% | GIMB | GIMV NV | -- | $170,657.29 | 4,011 | 5249080 |
| 1.36% | OCI | OAKLEY CAPITAL INVESTMENTS | -- | $164,707.28 | 27,042 | B23DL39 |
| 1.29% | NBPE | NB PRIVATE EQUITY PARTNERS L | -- | $157,001.92 | 8,231 | B28ZZX8 |
| 1.24% | SLRC | SLR INVESTMENT CORP | -- | $150,899.99 | 9,151 | B61FRC6 |
| 1.20% | SYNC | SYNCONA LTD | -- | $145,580.29 | 117,099 | B8P59C0 |
| 1.17% | APAX | APAX GLOBAL ALPHA LTD | -- | $141,418.53 | 79,803 | BWWYMV8 |
| 1.02% | PEY | PARTNERS GROUP PRIVATE EQUIT | -- | $124,166.93 | 11,408 | B28C2R2 |
| 0.89% | RATOB | RATOS AB-B SHS | -- | $108,570.86 | 37,513 | B130WD0 |
| 0.83% | IPO | IP GROUP PLC | -- | $100,959.31 | 188,000 | B128J45 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $59,717.46 | 59,717 | -- |
Index
as of 9/30/2024
- Total Number of Companies30
- Price/Earnings Ratio--
- Price/Book Ratio--
- Dividend Yield ( % )5.32
- Avg. Index Market Capitalization$3.97 billion
About the Index
The LPX Direct Listed Private Equity Index is designed to measure the performance of the most actively traded listed private equity companies that mainly pursue a direct private equity investment strategy.
Distributions
For
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
