TMF

Direxion Daily 20+ Yr Trsy Bull 3X ETF
NYSEARCA

Real-time Quotes | Provided by Morningstar

40.42
-0.31
-0.76%
Opening 13:17 09/23 EDT
OPEN
40.72
PREV CLOSE
40.73
HIGH
40.87
LOW
40.15
VOLUME
306.04K
TURNOVER
--
52 WEEK HIGH
58.30
52 WEEK LOW
25.38
TOTAL ASSET
299.94M
YTD YIELD
62.61%
1D
5D
1M
3M
1Y
5Y
News
Performance
Should The Fed Buy Treasuries Or Agency MBS During QE? Yes
While it would be difficult for the Fed to ease financial conditions by lowering Treasury rates further, there remains substantial room within the agency MBS market to narrow spreads.Lower mortgage rates should allow more people with higher mortgage rates to refinance and more people who are uneconomically renting the opportunity to buy a home.We believe the Fed's continued purchases remain a necessary and powerful tool to normalize this relationship and allow a seamless transmission mechanism of monetary policy to occur.
Seekingalpha · 2h ago
Government Debt: Accelerating Growth
The Congressional Budget Office is making some projections that are breath-taking when it comes to the growth of the federal debt, but also how slow the economy is to grow.The CBO projects economic growth will average only 1.6 percent over the next thirty years and the federal debt in 2050 will be almost double the size of annual GDP.Furthermore, debt loads all over the economy are at or near historic highs and businesses and consumers will be hard-pressed to generate sufficient cash flow to carry the debt.
Seekingalpha · 11h ago
Conceptualizing The Volatility Decay Of Leveraged Funds
In this article I will walk you through the commonly used but wrong way to think about volatility decay.We'll then walk through an example of volatility decay with realistic numbers.Afterwards, we'll build a simple mathematical model to calculate volatility decay from first principles.We'll compare the model with back-test simulations done on portfoliovisualizer.com.
Seekingalpha · 23h ago
The Inflationary Depression Of The 2020s
The 4-8 year period beginning in February of this year potentially will contain three or more official recessions and come to be referred to as the Depression of the 2020s.The money-supply situation today could not be more different from the money-supply situation during the early 1930s*.Because of the way the Fed measures "inflation", for the Fed to achieve its 2% "inflation" target, the average American's cost of living probably has to increase by at least 5% per year.
Seekingalpha · 1d ago
Corporate Credit Spreads And Some Other Geeky Data Points
Coming into COVID-19, a chunk of client bond money was in higher yielding money markets since credit spreads (in my opinion) offered little value prior to March 2020.After the 35% correction in the S&P 500, and upon the announcement of the Fed liquidity programs, all that money was moved into corporate credit risk (a tactical bet) given the spread widening that happened.Can't recall the source, but Value is on track to outperform Growth for the month, for the first time in years. The question is, "is this sustainable or is it the proverbial dead-cat bounce?"
Seekingalpha · 1d ago
In Check
The great part about the election is, it's a known unknown. Markets are preparing for volatility around the event, even if the event takes months to reconcile.Wall Street is actively hedging risk in that time frame. That itself is bringing down risk surrounding the event.If you can keep your fear and greed under control, you can profit.The CNN Fear and Greed Index is back down to a reasonable 52, which is considered Neutral.
Seekingalpha · 1d ago
All 3 Indexes Lower - Weekly Market Notes September 21, 2020
The Dow Jones Industrial Average lost 0.3%. The S&P 500 fell 0.64% while the NASDAQ Composite fell 1.16%.Central banks have taken extraordinary measures to provide liquidity to the markets over the past six months.The technology sector will continue to benefit from the growing trends in internet retail, education, entertainment, medicine and work.
Seekingalpha · 1d ago
Greater Inflation Risks Ahead
Three new forces are set to lift inflation beyond what markets are currently expecting in the years ahead, reversing a decade of subdued price rises.Market volatility has returned after months of steady advances in risk assets, and could stay elevated as the U.S. election draws near.Markets will focus on a slew of purchasing managers’ index data this week to gauge the latest business sentiment.
Seekingalpha · 1d ago
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Learn about the latest financial forecast of TMF. Analyze the recent business situations of Direxion Daily 20+ Yr Trsy Bull 3X ETF through EPS, BVPS, FPS, and other data. This information may help you make smarter investment decisions.
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  • Performance
  • Asset Allocation
  • Dividend History
Period
Return
Rank in Cat
1-Month
-7.2877%
--
3-Month
11.5242%
--
6-Month
7.1268%
--
1-Year
62.6073%
--
3-Year
25.3978%
--
5-Year
17.8623%
--
10-Year
14.4765%
--
Since Inception
11.9636%
--
No Data
  • Dividends
  • Splits
  • Insider Activity
No Data
  • All
No Data
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Profile
Fund Name
Direxion Daily 20+ Yr Trsy Bull 3X ETF
Risk
Low risk
Inception Date
2009-04-16
Benchmark
Bloomberg Barclays U.S. Government Bond Long TR
Advisor Company
Direxion Funds
Custodian
The Bank of New York Mellon
Manager
Brigandi/Ng