Proshares announces first quarter distributions for: SJL, SDK, SDP, DDM, SSO, MVV, SAA, UWM, UVG, UKF, UVU, UKW, UVT, UKK, UYM, UGE, UKF, UVW, UKW, UVT, UKK, UYM, UGE, UCC, UYG, RXL, UXI, DIG, URE, USD, ROM, UPW, LTL, TLL. Watch for movement on these today as stocks generally drop in price the amount of the expected dividend on the ex-dividend date.
Pro Shares First Quarter Distributions Declared
ProShares ETFs has announced first quarter distribution declarations. The amounts to be distributed per share are listed below.
Distributions reduce the net assets of each of the affected ETFs as of the close of business today and the ETFs will trade ex-dividend tomorrow. Each portfolio’s exposure to its benchmark index will be adjusted today to reflect this reduction in assets.
All ETFs are required by the Internal Revenue Code to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you seek advice from a qualified tax professional.
There is no guarantee that distributions will not be made in the future. There is no guarantee that dividends will be paid.
All investing involves risk, including the possible loss of principal. Short ProShares should lose value when their market indexes rise, and they entail certain risks, including, in some or all cases, aggressive investment techniques, inverse correlation and market price variance risks, all of which can increase volatility and decrease performance. ProShares are not diversified investments. Narrowly focused investments, including sector funds, typically exhibit higher volatility. ProShares are designed to meet daily objectives; results over longer periods may differ. There is no guarantee that any fund will achieve its investment objective.