Zero Capital Gain Distributions Across All 113 Equity and Fixed Income ETFs
Dec 13, 2020
ProShares Trust Expects Zero Capital Gain Distributions Across All 113 Equity and Fixed Income ETFs
BETHESDA, MD – December 11, 2020 – ProShares, a premier provider of ETFs, has announced that it expects none of its 113 equity and fixed income ETFs will pay a 2020 capital gain distribution.
“A key reason investors are attracted to ETFs is tax efficiency and ProShares Trust offers one of the most tax-efficient ETF lineups in the industry,” said Michael L. Sapir, co-founder and CEO of ProShare Advisors LLC. “We are pleased that our fund management expects to deliver zero capital gain distributions for all our equity and fixed income funds.”
Capital gain distributions will vary from year to year. This is not intended to be tax advice. ProShares does not offer tax advice and you should consult your tax advisor.
About ProShares
ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $45 billion in assets. The company is the leader in strategies such as dividend growth, interest rate hedged bond and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
Investing involves risk, including the possible loss of principal. ProShares are generally non- diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. For more on correlation, leverage and other risks, please read the prospectus for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.
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