ProShares Announces Zero Capital Gain Distributions for its 117 Equity and Fixed Income ETFs
ProShares, a premier provider of alternative exchange traded funds (ETFs), announced today that it expects that none of its 117 equity and fixed income ETFs will pay any 2012 capital gain distributions.
“Tax efficiency is an important benefit we can offer investors who are turning to ETFs for alternative strategies,” said Michael L. Sapir, Chairman and CEO of ProShare Advisors LLC, ProShares' investment advisor. “We are proud that for the third year in a row we expect that none of our shareholders will receive a capital gain distribution from ProShares.”
Capital gain distribution estimates are subject to change. The distribution dates for fourth quarter income dividends will be available at ProShares.com. Capital gain distribution and income dividend amounts will vary from year to year. For specific tax advice, ProShares recommends that investors seek advice from a qualified professional.
Offering the nation’s largest lineup of alternative ETFs,1 ProShares helps investors to go beyond the limitations of conventional investing and face today’s market challenges. Each ProShares ETF provides access to an alternative investment strategy delivered with the liquidity, transparency and cost effectiveness of an ETF. ProShares’ ETF lineup includes Global Fixed Income, Hedge Strategies, Geared (leveraged and inverse), and Inflation and Volatility ETFs.
1Source: Lipper, based on a worldwide analysis of all known providers of funds in these categories. The analysis covered ETFs and ETNs by the number of funds and assets (as of June 30, 2012).
ProShares' geared (leveraged and inverse) ETFs seek returns that are 3x, 2x, -1x, -2x or -3x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares’ returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.
Investing involves risk, including the possible loss of principal. ProShares are 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. 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. Obtain them from your financial adviser or broker/dealer representative or by visiting ProShares.com.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.
Hewes Communications, Inc.
Tucker Hewes, 212-207-9451
PRO ULTSH NQ ETF PROSHRS ULTRPRO QQQ PROSHRS ULTRPRO SHT PROSHS ULTRA NQ BIO ProShares 30 Year TIPS/TSY Spread ETF ProShares German Sovereign/Sub-Sovereign ETF ProShares Large Cap Core Plus ProShares RAFI Long/Short ProShares Short 20+ Year Treasury ProShares Short 30 Year TIPS/TSY ETF ProShares Short Basic Materials ProShares Short Dow30 ProShares Short Euro Fund ProShares Short FTSE China 25 ProShares Short Financials ProShares Short High Yield ProShares Short Investment Grade Corp. ProShares Short MSCI EAFE ProShares Short MSCI Emerging Markets ProShares Short MidCap400 ProShares Short Oil & Gas ProShares Short QQQ ProShares Short Real Estate ProShares Short Russell2000 ProShares Short S&P500 ProShares Short SmallCap600 ProShares Short VIX Short Term Futures ETF ProShares USD Covered Bond ETF ProShares Ultra 20+ Year Treasury ProShares Ultra 7-10 Year Treasury ProShares Ultra Australian Dollar Fund ProShares Ultra Basic Materials ProShares Ultra Consumer Goods ProShares Ultra Consumer Services ProShares Ultra DJ UBS Natural Gas ETF ProShares Ultra DJ-UBS Commodity ProShares Ultra DJ-UBS Crude Oil ProShares Ultra Dow30 ProShares Ultra Euro ProShares Ultra FTSE China 25 ProShares Ultra FTSE Europe ProShares Ultra Financials ProShares Ultra Gold ProShares Ultra Health Care ProShares Ultra High Yield ProShares Ultra Industrials ProShares Ultra Investment Grade Corp. ProShares Ultra MSCI Brazil ProShares Ultra MSCI EAFE ProShares Ultra MSCI Emerging Markets ProShares Ultra MSCI Japan ProShares Ultra MSCI Mexico Ca ProShares Ultra MSCI Pacific ex-Japan ProShares Ultra MidCap400 ProShares Ultra Oil & Gas ProShares Ultra QQQ ProShares Ultra Real Estate ProShares Ultra Russell 3000 ProShares Ultra Russell MidCap Growth ProShares Ultra Russell MidCap Value ProShares Ultra Russell1000 Growth ProShares Ultra Russell1000 Value ProShares Ultra Russell2000 ProShares Ultra Russell2000 Growth ProShares Ultra Russell2000 Value ProShares Ultra S&P500 ProShares Ultra Semiconductors ProShares Ultra Silver ProShares Ultra SmallCap600 ProShares Ultra Technology ProShares Ultra Telecommunications ProShares Ultra Utilities ProShares Ultra VIX Short Term Futures ETF ProShares Ultra Yen ProShares UltraPro 10 Year TIPS TSY Spread ETF ProShares UltraPro Dow30 ProShares UltraPro Financials ETF ProShares UltraPro MidCap400 ProShares UltraPro Russell2000 ProShares UltraPro S&P 500 ProShares UltraPro Short 10 Year TIPS TSY Spread ProShares UltraPro Short Dow30 ProShares UltraPro Short Financials ETF ProShares UltraPro Short MidCap400 ProShares UltraPro Short Russell2000 ProShares UltraPro Short S&P 500 ProShares UltraShort Australian Dollar Fund ProShares UltraShort Basic Materials ProShares UltraShort Consumer Goods ProShares UltraShort Consumer Services ProShares UltraShort DJ UBS Natural Gas ETF ProShares UltraShort DJ-UBS Commodity ProShares UltraShort DJ-UBS Crude Oil ProShares UltraShort Dow30 ProShares UltraShort Euro ProShares UltraShort FTSE China 25 ProShares UltraShort Financials ProShares UltraShort Gold ProShares UltraShort Health Care ProShares UltraShort Industrials ProShares UltraShort Lehman 20+ Year Treasury ProShares UltraShort Lehman 7-10 Year Treasury ProShares UltraShort MSCI Brazil Capped ProShares UltraShort MSCI EAFE ProShares UltraShort MSCI Emerging Markets ProShares UltraShort MSCI Europe ProShares UltraShort MSCI Japan ProShares UltraShort MSCI Mexico Investable Market ProShares UltraShort MSCI Pacific ex-Japan ProShares UltraShort MidCap400 ProShares UltraShort Oil & Gas ProShares UltraShort QQQ ProShares UltraShort Real Estate ProShares UltraShort Russell MidCap Growth ProShares UltraShort Russell MidCap Value ProShares UltraShort Russell1000 Growth ProShares UltraShort Russell1000 Value ProShares UltraShort Russell2000 ProShares UltraShort Russell2000 Growth ProShares UltraShort Russell2000 Value ProShares UltraShort S&P500 ProShares UltraShort Semiconductors ProShares UltraShort Silver ProShares UltraShort SmallCap600 ProShares UltraShort TIPS ETF ProShares UltraShort Technology ProShares UltraShort Telecommunications ProShares UltraShort Utilities ProShares UltraShort Yen ProShares Ultrashort Russell 3000 ProShares VIX Mid-Term Futures ETF ProShares VIX Short-Term Futures ETF Proshares Short KBW Region Banking ETF Proshares Ultra KBW Region Banking ETF Proshares Ultrapro Short 20+ Year Treasury
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here
©2013 MoneyShow.com, LLC. All Rights Reserved. For a complete trademark notice, please see the Terms of Service