|Bid||48.78 x 800|
|Ask||48.89 x 1100|
|Day's Range||48.85 - 49.02|
|52 Week Range||42.60 - 49.02|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||4.16%|
|Beta (5Y Monthly)||0.61|
|Expense Ratio (net)||0.46%|
Pure-play infrastructure companies are the owners and operators of infrastructure assets, such as toll roads, airports, pipelines and communication towers. With their near monopolistic positions, continual demand and limited sensitivity to economic cyclicality, these companies, as a group, have had stable, predictable cash flows, attractive yields and are poised to benefit from increasing global infrastructure spending.
As investors search for more yield and with governments planning increased spending on infrastructure projects, related investments are getting a boost this year. For example, the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) is up more than 20% year-to-date. On its own, that's impressive performance and TOLZ sports a dividend yield of nearly 3.10%, also impressive in today's low-yield environment.
ProShares, a premier provider of ETFs, announced that it has joined FundVest® ETF, the no-transaction-fee exchange traded fund platform by BNY Mellon’s Pershing .
"Thematic or trend investing, as some people are terming it, is really a fascinating area in the ETF world for new product development," Kieran Kirwan, Director, Investment Strategy Proshares, said at the Morningstar Investment Conference.
Infrastructure exchange traded funds can deliver higher levels of income than traditional equity funds, but ETFs such as the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) , have some defensive traits, too. Specific to TOLZ, the ProShares fund is up more than 2% over the past month and proved steady as the S&P 500 slumped in May. TOLZ is now up 17.25% year-to-date and yields 3.20%. TOLZ focuses on companies whose assets include airports, toll roads, ports, communications, electricity distribution, oil and gas storage and transport, and water in both developed and emerging markets.
ProShares, a premier provider of ETFs, today announced the inclusion of nine more of its ETFs to the TD Ameritrade ETF Market Center’s menu of commission-free funds.
For example, ETF investors can look to targeted ETF strategies such as the ProShares Pet Care ETF (PAWZ) to capture the growth in the pet care industry. PAWZ is the first ETF of its kind to cater to the pet care industry. The ETF idea tries to capitalize on the pet care industry that is poised for even further growth as data collated from Grand View Research and other pet industry trends show that sales could reach upwards of $203 billion by the year 2025–a growth of 54% in less than 10 years.
As a number of global market trends quickly develop, investors can look to targeted exchange traded funds to tap into these growth opportunities. "Enormous changes in demographics, innovation, technology, and changing tastes are reshaping the world around us," Simeon Hyman, Global Investment Strategist at ProShares, said on the recent webcast, Pet Care, Infrastructure & Online Retail—Investing in Today’s Global Trends. For example, the U.S. is witnessing a proliferation in pet ownership.
On the upcoming webcast, Pet Care, Infrastructure & Online Retail—Investing in Today's Global Trends, Simeon Hyman, Global Investment Strategist at ProShares, and Kieran Kirwan, Director of Investment Strategy at ProShares, will discuss how you can put them to work in your portfolio. Specifically, ETF investors can look to targeted ETF strategies such as the ProShares Pet Care ETF (PAWZ).
Dating back to the 2016 presidential campaign, infrastructure investments have been receiving renewed attention. That theme is benefiting some ETFs, including the ProShares DJ Brookfield Global Infrastructure ...