UBT
Ultra 20+ Year Treasury
Investment Objective
ProShares Ultra 20+ Year Treasury seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
30 Day Daily Return
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 | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| UBT Market Price | -11.28% | -4.81% | 10.05% | -13.34% | 21.74% | -28.12% | -16.91% | -4.88% | 1.64% | 01/19/2010 |
| UBT NAV | -11.06% | -4.69% | 10.17% | -12.85% | 22.04% | -28.02% | -16.90% | -4.86% | 1.66% | 01/19/2010 |
| Fund | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| UBT Market Price | 3.13% | 14.47% | 7.83% | -2.32% | 21.30% | -24.09% | -15.34% | -3.20% | 2.48% | 01/19/2010 |
| UBT NAV | 3.23% | 14.30% | 7.59% | -2.01% | 21.41% | -24.04% | -15.30% | -3.19% | 2.48% | 01/19/2010 |
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 UBT
- Intraday Ticker UBT.IV
- CUSIP 74347R172
- Inception Date 1/19/10
- Gross Expense Ratio 1.00%
- Net Expense Ratio 0.95%
- NAV Calculation Time 4:00 p.m. ET
Price
as of 11/22/2024- NAV $18.18
- NAV Change $+0.04
- Market Price $18.22
- Market Price Change $+0.08
- Trading Volume (M) 49,609
- 30-Day Median Bid Ask Spread 0.22%
- View Premium / Discount
Snapshot
- Ticker UBT
- Intraday Ticker UBT.IV
- CUSIP 74347R172
- Inception Date 1/19/10
- Expense Ratio 0.95%
- Gross Expense Ratio 1.00%
- NAV Calculation Time 4:00 p.m. ET
Price
as of 11/22/2024- NAV $18.18
- NAV Change $+0.04
- Market Price $18.22
- Market Price Change $+0.08
- Trading Volume (M) 49,609
- 30-Day Median Bid Ask Spread 0.22%
- View Premium / Discount
Expenses with Contractual Waiver through September 30, 2025. Without the fee waiver performance would likely be lower.
Exposures
Index as of 3/31/2023
Holdings
as of 11/22/2024
| Exposure Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 56.07% | -- | ICE 20+ YEAR U.S. TREASURY INDEX SWAP GOLDMAN SACHS INTERNATIONAL | -- | -- | 72,114,594 | -- | 767,830 | -- |
| 44.73% | -- | ICE 20+ YEAR U.S. TREASURY INDEX SWAP BANK OF AMERICA NA | -- | -- | 57,532,950 | -- | 612,574 | -- |
| 41.03% | -- | ICE 20+ YEAR U.S. TREASURY INDEX SWAP CITIBANK NA | -- | -- | 52,777,123 | -- | 561,937 | -- |
| 30.49% | -- | ICE 20+ YEAR U.S. TREASURY INDEX SWAP SOCIETE GENERALE | -- | -- | 39,213,666 | -- | 417,522 | -- |
| 26.51% | -- | ICE 20+ YEAR U.S. TREASURY INDEX SWAP BARCLAYS CAPITAL | -- | -- | 34,099,628 | -- | 363,071 | -- |
| 1.81% | -- | US LONG BOND(CBT) BOND 19/DEC/2024 USZ4 COMDTY | -- | -- | 2,323,750 | -- | 20 | -- |
| -- | -- | TREASURY BILL | 0.00% | 03/11/2025 | -- | $49,352,762.00 | 50,000,000 | BNDXZ56 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $79,266,297.90 | 79,266,298 | -- |
Index
as of 3/31/2023
- Total Number of Issues40
- Effective Duration--
- Modified Duration17.58 Years
- Weighted Average Maturity25.90 Years
- Weighted Average Coupon2.57%
- Monthly Index Volatility--
- Weighted Average Yield to Maturity3.84%
About the Index
The ICE U.S. Treasury 20+ Year Bond Index includes publicly- issued U.S. Treasury securities that have a remaining maturity greater than twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve. In addition, the securities in the Underlying Index must be fixed-rate and denominated in U.S. dollars. Excluded from the Underlying Index are inflation-linked securities, Treasury bills, cash management bills, any government agency debt issued with or without a government guarantee and zero-coupon issues that have been stripped from coupon-paying bonds. The Underlying Index is weighted by market capitalization, and the securities in the Underlying Index are updated on the last business day of each month.
Distributions
For
- 2024
- 2023
- 2022
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|