Ultra 20+ Year Treasury
ProShares Ultra 20+ Year Treasury seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index.
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Index/Benchmark Summary
The Barclays Capital 20+ Year U.S. Treasury Index includes all publicly issued, U.S. Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in U.S. dollars, are rated investment grade (at least Baa3 by Moody's Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding. The Index is weighted by the relative market value of all securities meeting the Index criteria. Excluded from the Index are certain special issues, such as flower bonds, targeted investor notes (TINs), U.S. Treasury inflation protected securities (TIPs), state and local government series bonds (SLGs), and coupon issues that have been stripped from assets already included.
As of 6/30/10
Fundamentals
| Total Number of Constituents | Modified Adjusted Duration | Weighted Average Maturity | Average Yield to Maturity |
Weighted Average Coupon 1 |
Weighted Average Price |
|---|---|---|---|---|---|
| 12 | 16.86 Years | 28.15 Years | 3.89% | 4.45% | $109.29 |
1 = Derivative contracts are priced to reflect the underlying index yield but may generate interest income.
| Top 10 Index Constituents 2 | Weight |
|---|---|
| US Treasury Bonds, 02/15/2040, 4.625% | 14.22% |
| US Treasury Bonds, 11/15/2039, 4.375% | 14.22% |
| US Treasury Bonds, 08/15/2039, 4.5% | 12.83% |
| US Treasury Bonds, 05/15/2039, 4.25% | 11.31% |
| US Treasury Bonds, 02/15/2039, 3.5% | 8.16% |
| US Treasury Bonds, 02/15/2036, 4.5% | 8.06% |
| US Treasury Bonds, 05/15/2038, 4.5% | 6.69% |
| US Treasury Bonds, 05/15/2040, 4.375% | 5.42% |
| US Treasury Bonds, 02/15/2038, 4.375% | 4.99% |
| US Treasury Bonds, 02/15/2031, 5.375% | 4.75% |
2 = ProShares may invest in equity securities and/or financial instruments (including derivatives) that in combination, should have similar daily price return characteristics to the fund's benchmark.