TMF - Direxion Daily 20+ Year Treasury Bull 3X Shares

NYSEArca - NYSEArca Delayed Price. Currency in USD
-0.31 (-1.55%)
At close: 4:00PM EDT
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Previous Close19.94
Bid19.64 x 1800
Ask19.68 x 3200
Day's Range19.58 - 19.74
52 Week Range15.17 - 21.78
Avg. Volume418,624
Net Assets118.99M
PE Ratio (TTM)N/A
YTD Return4.32%
Beta (3Y Monthly)9.72
Expense Ratio (net)1.09%
Inception Date2009-04-16
Trade prices are not sourced from all markets
  • Benzinga15 days ago

    Yield Curve Normalization Lifts Leveraged Bond ETFs

    Last month, the yield curve inverted, meaning yields on 10-year Treasuries fell below the yields on 3-month T-bills. Historically, it has taken about six months for recessions to commence following yield curve inversion, but some market observers are betting this time will be different and with the yield curve back to normal some bond funds are benefiting. TMF attempts to deliver triple the daily returns of the ICE U.S. Treasury 20+ Year Bond Index while TYD seeks to deliver triple the daily returns of the ICE U.S. Treasury 7-10 Year Bond Index.

  • ETF Trends2 months ago

    Italian Bonds Rise After Avoiding Downgrade from Fitch Ratings

    Italian bonds surged on Monday after Fitch Ratings decided to keep the country's bond ratings unchanged, avoiding a potential downgrade to junk status. Italian bond yields reached a fresh low within the past week as Fitch Ratings decided to keep the current BBB rating intact.  “Fitch’s affirmation of Italy on Friday evening should take the edge out of downgrade fears for the upcoming Moody’s and S&P reviews,” wrote Commerzbank strategists led by Michael Leister.

  • ETF Trends4 months ago

    Stocks Up, Bonds Down for these 2 Leveraged Products

    In the meantime, Treasury yields rose, putting downward pressure on government bond prices on Friday. The Direxion Daily S&P500 Bull 3X ETF (SPXL) rose 10 percent on the strength of the Dow Jones Industrial Average gaining over 700 points, while the Direxion Daily 20+ Yr Trsy Bull 3X ETF (TMF) fell 3 percent. A flight to the safe-haven confines of Treasury debt has been a persistent trend the last few months, but the positive jobs growth data and Powell's comments provided the boost for stocks.

  • Benzinga4 months ago

    Flight To Safety Lifts This Leveraged ETF

    It is all but official that the bull market that was born in March 2009 is either running on fumes or essentially over. Traders renewed affinity for rate-sensitive longer-dated Treasuries has some aggressive traders flocking to the Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSE: TMF). “Eligible securities must be fixed rate, denominated in U.S. dollars, and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve.

  • Will 2019 See a Bull Market for Bond ETFs?
    Zacks4 months ago

    Will 2019 See a Bull Market for Bond ETFs?

    With the Fed offering a dovish rate outlook for 2019, investors could see a rally in bond ETFs next year.

  • ETF Trends4 months ago

    Leveraged Treasury Bull ETF Gains Following Rate Decision

    Following the Federal Reserve interest rate decision on Wednesday to raise rates another 25 basis points, a flight to long duration government debt was apparent with Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) gaining as much as 4 percent. As widely expected by the capital markets, the Federal Reserve raised interest rates to make it a fourth and final rate hike for 2018. The Dow Jones Industrial Average has lost over 3 percent year-to-date, while the S&P 500 has lost 3.79 percent.

  • ETF Trends4 months ago

    Traders Love This Bearish Bond ETF

    With the Federal Reserve having raised interest rates three times this year, many fixed income investors are departing long-dated bonds and the related exchange traded funds. Some traders are taking that ...

  • ETF Trends4 months ago

    Leveraged Treasury Bull ETFs Benefitting from Shift to Risk-Off

    The Dow Jones Industrial Average plunged almost 800 points on Thursday followed by another day of sell-offs in U.S. equities with a loss of over 500 points on Friday, confirming that a risk-off sentiment is being highlighted by a flight to government debt--a benefit for leveraged Treasury bull exchange-traded funds (ETFs) like the  Direxion Daily 7-10 Year Treasury Bull 3X ETF (TYD) and  Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) . It's certainly welcome news for the bond markets as inflows of capital flood the fixed-income space, but to equities investors, it could be a sign of more pain to come. TYD seeks daily investment results equal to 300% of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index.

  • ETF Trends10 months ago

    12 ETF Strategies to Cope with Changing Markets

    Given the current certainties and market risks, ETF investors should construct resilient portfolios to participate on any further upside and hedge the downside. On the recent webcast (available On Demand for CE Credit), Potential ETF Strategies for Today’s (and Tomorrow’s) Markets, Sylvia Jablonski, Managing Director and Institutional ETF Strategist for Direxion and Portfolio+ ETFs, outlined a number of global elements that may influence an investor portfolio, such as the U.S. economy entering late-cycle phase, the Federal reserve moving toward monetary policy normalization, rising interest rates, building inflationary pressures, increasing dispersion amongst sectors, and changing geopolitical climate. "If you’re an investor, you have to believe that markets generally rise over time.

  • ETF Trends10 months ago

    Potential ETF Strategies for Today’s (and Tomorrow’s) Markets

    As markets surge and then sputter, the prospects of downside risk loom large in the short term. Yet advisors have to meet the challenge of steering through periods of market volatility, while continuing ...

  • Benzinga10 months ago

    The Wages Of Fear: Why Fixed Income Bears Closer Scrutiny

    You won’t find many people willing to argue that the fixed income market has been especially exciting over the past decade, even with the 10-year bond yield’s recent rise above 3 percent for the first time since 2014. You might even ask “Who cares about the bond market with cryptocurrencies, oil on a tear, and the equities market still smoldering? Well, now might be exactly the time to pay attention to that yield, and funds that have exposure (or inverse) to bonds, like Direxion’s Daily 7-10 Year Treasury Bull (NYSE: TYD) and Bear (NYSE: TYO) 3X Shares ETFs or the Daily 20+ Year Treasury Bull (NYSE: TMF) and Bear (NYSE: TMV) 3X Shares ETFs.

  • Forget Fed, Bet on Leveraged U.S. Treasury ETFs
    Zacks11 months ago

    Forget Fed, Bet on Leveraged U.S. Treasury ETFs

    Look past Fed rate hikes, Italy's political crisis opens room for leveraged U.S. Treasury ETF investing.