ProShares ETFs Declare Capital Gains Distributions
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Bethesda, MD, December 22, 2008 — ProFunds Group, the world’s largest manager of short and leveraged funds,1 has announced the capital gain distribution declarations for its ProShares ETFs. The firm expects to pay capital gain distributions for 35 of its 76 ETFs. The capital gain amounts to be distributed per share are listed below.
| Fund Name |
Ticker Symbol
|
Long Term Cap Gain | Short Term Cap Gain | Ex-Date | Record Date | Payable Date |
| Short QQQ |
PSQ
|
0.20694
|
4.0444
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short Dow30 |
DOG
|
0.26845
|
8.44471
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short S&P500 |
SH
|
0.03849
|
11.94291
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short MidCap400 |
MYY
|
1.08643
|
10.21814
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short SmallCap600 |
SBB
|
--
|
32.29667
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short Russell2000 |
RWM
|
0.26542
|
23.94983
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort QQQ |
QID
|
--
|
9.49928
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Dow30 |
DXD
|
--
|
16.0274
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort S&P500 |
SDS
|
--
|
11.46188
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort MidCap400 |
MZZ
|
--
|
23.84952
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort SmallCap600 |
SDD
|
--
|
28.61282
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell2000 |
TWM
|
--
|
25.00731
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell1000 Value |
SJF
|
--
|
9.53106
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell1000 Growth |
SFK
|
--
|
32.96469
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell MidCap Value |
SJL
|
--
|
50.35417
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell MidCap Growth |
SDK
|
--
|
47.77962
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell2000 Value |
SJH
|
--
|
30.53633
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Russell2000 Growth |
SKK
|
--
|
39.73579
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Basic Materials |
SMN
|
--
|
26.57907
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Consumer Goods |
SZK
|
--
|
18.85726
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Consumer Services |
SCC
|
--
|
33.91358
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Health Care |
RXD
|
--
|
29.65321
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Industrials |
SIJ
|
--
|
47.84611
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Real Estate |
SRS
|
--
|
4.56656
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Oil & Gas |
DUG
|
--
|
6.06101
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Semiconductors |
SSG
|
--
|
42.34605
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Technology |
REW
|
--
|
26.4631
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Utilities |
SDP
|
--
|
28.42091
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short MSCI EAFE |
EFZ
|
--
|
16.24244
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort MSCI EAFE |
EFU
|
--
|
24.10923
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short MSCI Emerging Markets |
EUM
|
--
|
7.66143
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort MSCI Japan |
EWV
|
--
|
12.1342
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| UltraShort Telecommunications |
TLL
|
--
|
30.085
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short Financials |
SEF
|
--
|
3.43735
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
| Short Oil & Gas |
DDG
|
--
|
24.28852
|
12/23/2008
|
12/26/2008
|
12/30/2008
|
Distributions reduce the net assets of each of the affected ETFs as of the close of business today and the ETFs will trade ex-dividend tomorrow. Each portfolio’s exposure to its benchmark index will be adjusted today to reflect this reduction in assets.
All ETFs are required by the Internal Revenue Code to distribute substantially all of their income and capital gains to shareholders at least annually. ProShares plans to announce any fourth quarter income distributions separately. For specific tax advice, we recommend you seek advice from a qualified tax professional.
About ProFunds Group
The $25 billion ProFunds Group includes 72 ProShares short and leveraged ETFs, and more than 115 ProFunds mutual funds. Since 1997, ProFunds has provided mutual fund investors with easier access to sophisticated investment strategies, with offerings that include funds that seek to magnify daily index performance and funds that seek to increase in value when markets decline. The group also manages the Canada-based Horizons BetaPro ETFs.
Tucker Hewes, Hewes Communications, Inc., (212) 207-9451, tucker@hewescomm.com
