TOLZ

DJ Brookfield Global Infrastructure ETF

Why Invest in TOLZ?

  • Offers access to an asset class with growing global demand, increasing opportunities for private investment, and high barriers to entry that limit competition.

  • Provides "pure-play" exposure by investing exclusively in companies whose primary business is owning and operating infrastructure.

  • Excludes companies that supply services such as construction and engineering to the infrastructure industry.

Why Invest in TOLZ?

  • Offers access to an asset class with growing global demand, increasing opportunities for private investment, and high barriers to entry that limit competition.

  • Provides "pure-play" exposure by investing exclusively in companies whose primary business is owning and operating infrastructure.

  • Excludes companies that supply services such as construction and engineering to the infrastructure industry.

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
TOLZ Market Price -0.60% -8.46% -10.09% -5.00% -1.09% 6.56% 3.91% -- 3.63% 03/25/2014
TOLZ NAV -0.91% -8.91% -10.41% -5.21% -1.20% 6.21% 3.85% -- 3.60% 03/25/2014
Dow Jones Brookfield Global Infrastructure Composite Index -1.12% -9.21% -10.74% -5.53% -1.69% 5.87% 3.48% -- 3.25% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker TOLZ
  • Intraday Ticker TOLZ.IV
  • CUSIP 74347B508
  • Inception Date 3/25/14
  • Expense Ratio 0.46%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 10/31/2023
  • Distribution Yield 4.07%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • SEC 30-Day Yield 3.57%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 11/30/2023
  • NAV $44.93
  • NAV Change $+0.27 up caret
  • Market Price $44.93
  • Market Price Change $+0.25 up caret
  • Trading Volume (M) 9,150
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker TOLZ
  • Intraday Ticker TOLZ.IV
  • CUSIP 74347B508
  • Inception Date 3/25/14
  • Unitary Expense Ratio 0.46%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 10/31/2023
  • Distribution Yield 4.07%

    Distribution Yield represents the annualized yield based on the last income distribution.

  • SEC 30-Day Yield 3.57%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 11/30/2023
  • NAV $44.93
  • NAV Change $+0.27 up caret
  • Market Price $44.93
  • Market Price Change $+0.25 up caret
  • Trading Volume (M) 9,150
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

Exposures

Fund as of 11/30/2023

Holdings

as of 11/30/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
6.68% ENB ENBRIDGE INC -- $10,058,268.23 288,066 2466149
6.09% AMT AMERICAN TOWER CORP -- $9,162,310.30 43,885 B7FBFL2
5.63% DG VINCI SA -- $8,466,608.71 69,263 B1XH026
4.35% NG/ NATIONAL GRID PLC -- $6,544,974.81 504,559 BDR05C0
3.50% TRP TC ENERGY CORP -- $5,265,640.19 140,405 BJMY6G0
3.18% CCI CROWN CASTLE INC -- $4,788,190.56 40,827 BTGQCX1
2.87% SRE SEMPRA -- $4,317,110.28 59,244 2138158
2.80% WMB WILLIAMS COS INC -- $4,213,043.64 114,516 2967181
2.74% LNG CHENIERE ENERGY INC -- $4,126,243.95 22,653 2654364
2.54% ET ENERGY TRANSFER LP -- $3,823,653.09 275,281 B0WHXD2
2.50% OKE ONEOK INC -- $3,768,917.85 54,741 2130109
2.43% EPD ENTERPRISE PRODUCTS PARTNERS -- $3,662,057.88 136,746 2285388
2.39% EXC EXELON CORP -- $3,601,609.24 93,524 2670519
2.39% TCL TRANSURBAN GROUP -- $3,597,801.84 420,141 6200882
2.24% PCG P G & E CORP -- $3,374,231.23 196,519 2689560
2.13% KMI KINDER MORGAN INC -- $3,200,814.75 182,175 B3NQ4P8
2.02% CLNX CELLNEX TELECOM SA -- $3,044,646.67 79,826 BX90C05
1.94% ED CONSOLIDATED EDISON INC -- $2,920,374.99 32,409 2216850
1.77% FTS FORTIS INC -- $2,657,248.36 66,331 2347200
1.67% SBAC SBA COMMUNICATIONS CORP -- $2,519,732.88 10,203 BZ6TS23
1.66% PPL PEMBINA PIPELINE CORP -- $2,500,923.94 74,766 B4PT2P8
1.61% EIX EDISON INTERNATIONAL -- $2,417,200.17 36,083 2829515
1.61% AWK AMERICAN WATER WORKS CO INC -- $2,416,099.84 18,326 B2R3PV1
1.56% FER FERROVIAL SE -- $2,348,495.45 67,933 BRS7CF0
1.30% ES EVERSOURCE ENERGY -- $1,952,390.83 32,863 BVVN4Q8
1.26% TRGP TARGA RESOURCES CORP -- $1,898,635.95 20,991 B55PZY3
1.14% AENA AENA SME SA -- $1,717,566.47 9,990 BVRZ8L1
1.11% CNP CENTERPOINT ENERGY INC -- $1,673,527.46 59,198 2440637
1.05% ATO ATMOS ENERGY CORP -- $1,584,235.20 13,920 2315359
1.02% TRN TERNA-RETE ELETTRICA NAZIONA -- $1,539,224.15 191,195 B01BN57
0.93% SRG SNAM SPA -- $1,401,862.38 278,582 7251470
0.85% UU/ UNITED UTILITIES GROUP PLC -- $1,278,633.28 92,834 B39J2M4
0.84% 9531 TOKYO GAS CO LTD -- $1,270,366.20 54,959 6895448
0.82% SVT SEVERN TRENT PLC -- $1,229,392.00 37,440 B1FH8J7
0.80% H HYDRO ONE LTD -- $1,202,998.22 43,277 BYYXJY9
0.80% MPLX MPLX LP -- $1,198,403.74 32,869 B847R56
0.67% 3 HONG KONG & CHINA GAS -- $1,014,739.09 1,476,058 6436557
0.66% NI NISOURCE INC -- $995,575.56 38,829 2645409
0.64% APA APA GROUP -- $968,022.56 171,751 6247306
0.61% RED REDEIA CORP SA -- $924,863.73 55,245 BD6FXN3
0.58% AIA AUCKLAND INTL AIRPORT LTD -- $868,734.98 178,124 BKX3XG2
0.54% WTRG ESSENTIAL UTILITIES INC -- $812,798.25 22,825 BLCF3J9
0.54% PAC GRUPO AEROPORTUARIO PAC-ADR -- $807,434.78 5,303 B0YFC60
0.54% GET GETLINK SE -- $806,358.60 44,174 B292JQ9
0.53% BIP BROOKFIELD INFRASTRUCTURE PA -- $801,798.60 30,603 B2NHY98
0.52% KEY KEYERA CORP -- $786,266.32 31,224 B3SGMV5
0.50% NTGY NATURGY ENERGY GROUP SA -- $748,763.41 25,087 5650422
0.48% 2688 ENN ENERGY HOLDINGS LTD -- $717,242.94 103,369 6333937
0.45% PAA PLAINS ALL AMER PIPELINE LP -- $673,073.80 42,385 2311960
0.44% ADP ADP -- $663,436.29 5,389 B164FY1
0.44% 788 CHINA TOWER CORP LTD-H -- $659,947.12 6,364,253 BFZ2PK0
0.42% SBS CIA SANEAMENTO BASICO DE-ADR -- $638,295.56 46,523 2945927
0.40% INW INFRASTRUTTURE WIRELESS ITAL -- $596,018.76 48,371 BZ0P4R4
0.39% ALX ATLAS ARTERIA -- $585,203.68 152,701 BZ03TZ1
0.39% ENG ENAGAS SA -- $581,739.68 31,812 7383072
0.39% ASR GRUPO AEROPORTUARIO SUR-ADR -- $580,644.36 2,466 2639361
0.37% 9706 JAPAN AIRPORT TERMINAL CO -- $551,180.36 12,572 6472175
0.36% FHZN FLUGHAFEN ZURICH AG-REG -- $544,240.72 2,572 BYQ8481
0.35% WES WESTERN MIDSTREAM PARTNERS L -- $534,225.30 17,915 BJ552C8
0.34% DTM DT MIDSTREAM INC -- $517,042.25 9,025 BN7L880
0.33% BIPC BROOKFIELD INFRASTRUCTURE-A -- $500,640.61 16,119 BJP50C4
0.33% 135 KUNLUN ENERGY CO LTD -- $498,855.02 539,710 6340078
0.33% ELI ELIA GROUP SA/NV -- $495,682.82 4,579 B09M9F4
0.31% HICL HICL INFRASTRUCTURE PLC -- $474,106.03 274,120 BJLP1Y7
0.28% AM ANTERO MIDSTREAM CORP -- $423,509.40 31,795 BJBT0Q4
0.26% 1193 CHINA RESOURCES GAS GROUP LT -- $387,549.96 123,562 6535517
0.26% NJR NEW JERSEY RESOURCES CORP -- $384,231.00 9,105 2630513
0.24% 384 CHINA GAS HOLDINGS LTD -- $367,262.45 400,670 6460794
0.24% IG ITALGAS SPA -- $366,336.48 65,797 BD2Z8S7
0.24% 3IN 3I INFRASTRUCTURE PLC -- $364,231.64 88,365 BF5FX16
0.22% OMAB GRUPO AEROPORTUARIO CEN-ADR -- $333,033.00 4,650 B1JB4F3
0.22% SWX SOUTHWEST GAS HOLDINGS INC -- $330,720.45 5,595 2831888
0.21% PNN PENNON GROUP PLC -- $315,499.34 35,348 BNNTLN4
0.20% ENLC ENLINK MIDSTREAM LLC -- $306,276.35 22,405 BJTNDQ9
0.20% VPK VOPAK -- $303,000.85 8,837 5809428
0.20% SR SPIRE INC -- $299,864.15 4,915 BYXJQG9
0.20% OGS ONE GAS INC -- $297,313.17 5,159 BJ0KXV4
0.20% PAGP PLAINS GP HOLDINGS LP-CL A -- $295,711.84 18,299 BDGHN95
0.19% NWE NORTHWESTERN ENERGY GROUP IN -- $282,188.79 5,609 B03PGL4
0.18% FRA FRAPORT AG FRANKFURT AIRPORT -- $275,565.31 4,835 7107551
0.18% AWR AMERICAN STATES WATER CO -- $275,495.20 3,448 2267171
0.18% CWT CALIFORNIA WATER SERVICE GRP -- $271,712.61 5,373 2165383
0.18% SESG SES -- $270,613.76 45,575 B00ZQQ2
0.16% NFE NEW FORTRESS ENERGY INC -- $237,844.88 6,181 BH3Z4P3
0.15% 9533 TOHO GAS CO LTD -- $231,819.48 13,041 6895222
0.15% CQP CHENIERE ENERGY PARTNERS LP -- $223,375.32 3,618 B1VNH36
0.15% 144 CHINA MERCHANTS PORT HOLDING -- $221,214.14 172,797 6416139
0.14% 392 BEIJING ENTERPRISES HLDGS -- $214,261.13 64,620 6081690
0.13% HESM HESS MIDSTREAM LP - CLASS A -- $202,756.74 6,231 BKPK695
0.13% NS NUSTAR ENERGY LP -- $200,948.16 10,554 2738804
0.13% CPK CHESAPEAKE UTILITIES CORP -- $194,546.00 2,035 2190750
0.12% SJW SJW GROUP -- $177,424.92 2,703 2811932
0.10% 177 JIANGSU EXPRESS CO LTD-H -- $148,405.51 164,899 6005504
0.09% 1199 COSCO SHIPPING PORTS LTD -- $136,682.95 203,366 6354251
0.09% GEL GENESIS ENERGY L.P. -- $130,473.28 10,388 2372257
0.08% NWN NORTHWEST NATURAL HOLDING CO -- $123,262.92 3,366 BFNR303
0.08% 371 BEIJING ENTERPRISES WATER GR -- $121,830.22 606,148 B01YCG0
0.07% HPHT HUTCHISON PORT HOLDINGS TR-U -- $104,925.41 685,787 B56ZM74
0.06% WTE WESTSHORE TERMINALS INVESTME -- $89,779.02 4,682 B8KB138
0.06% 694 BEIJING CAPITAL INTL AIRPO-H -- $84,527.92 233,312 6208422
0.05% ETL EUTELSAT COMMUNICATIONS -- $78,498.20 19,038 B0M7KJ7
0.05% ACE ACEA SPA -- $74,959.42 5,496 5728125
0.05% UTL UNITIL CORP -- $72,380.64 1,493 2925037
0.04% 548 SHENZHEN EXPRESSWAY CORP-H -- $67,177.79 83,293 6848743
0.04% 855 CHINA WATER AFFAIRS GROUP -- $66,807.18 117,534 6671477
0.04% 1052 YUEXIU TRANSPORT INFRASTRUCT -- $66,444.02 122,409 6398787
0.04% 1083 TOWNGAS SMART ENERGY CO LTD -- $62,208.40 146,364 6345460
-- -- NET OTHER ASSETS (LIABILITIES) -- $937,214.99 937,215 --

Index

as of 9/29/2023

  • Total Number of Companies109
  • Price/Earnings Ratio15.2
  • Price/Book Ratio1.88
  • Dividend Yield ( % )4.74
  • Avg. Index Market Capitalization$13.82 billion
About the Index

The index, constructed and maintained by S&P Dow Jones Indices LLC, consists of companies domiciled globally that qualify as "pure-play" infrastructure companies–companies whose primary business is the ownership and operation of infrastructure assets, activities that generally generate long-term stable cash flows.

Eligible companies must have more than 70% of cash flows derived from the following infrastructure assets (exclusive of cash flow from infrastructure-related businesses, such as energy exploration and generation): airports; toll roads; ports; communications; electricity transmission and distribution; oil and gas storage and transportation; water; or diversified (multiple infrastructure assets). Additionally, companies must meet minimum market capitalization and trading volume requirements. Index weights are based on a modified free-float adjusted market capitalization methodology. The index is reconstituted and rebalanced quarterly in March, June, September and December.

Learn more about the index methodology.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Infrastructure: A Refuge in Uncertain Times?

Could pure-play infrastructure provide a refuge from today’s volatility, inflation and slowing growth? Infrastructure owners and operators have investment characteristics that we believe make them well suited to uncertain times like these.
Read More
Get the latest perspectives and updates.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.

This ETF is subject to risks faced by companies in the infrastructure, energy and utilities industries to the same extent as the Dow Jones Brookfield Global Infrastructure Composite Index is so concentrated. This ETF invests in master limited partnerships (MLPs). Investments in MLPs expose the ETF to certain tax risks associated with investing in partnerships. Changes in U.S. tax laws could revoke the pass-through attributes that provide the tax efficiencies that make MLPs attractive investment structures. MLPs may also have limited financial resources, may be relatively illiquid, and may be subject to more erratic price movements because of the underlying assets they hold. In addition, a portion of the ETF's distributions may be a return of capital, which constitutes the return of a portion of a shareholder's original investment. Under tax rules, returns of capital are generally not currently taxable, but lower a shareholder's tax basis in their shares. Such a reduction in tax basis will result in larger taxable gains and/or lower tax losses on a subsequent sale of shares.

International investments may involve risks from: geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.

Emerging markets are riskier than more developed markets because they may develop unevenly or may never fully develop. Investments in emerging markets are considered speculative.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The "Dow Jones Brookfield Global Infrastructure Composite" Index is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the Dow Jones Brookfield Global Infrastructure Composite Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co. ("SIDCO"), which is not affiliated with the funds' advisor or sponsor. SIDCO is located at 1 Freedom Valley Drive, Oaks, PA 19456.

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