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Direxion Zacks MLP High Income Index Shares

etf
ZMLP
Dividend policy
Active
Price as of:
$53.54 -0.75 0%
primary theme
N/A
ZMLP (ETF)

Direxion Zacks MLP High Income Index Shares

Dividend policy
Active
Price as of:
$53.54 -0.75 0%
primary theme
N/A
ZMLP (ETF)
Direxion Zacks MLP High Income Index Shares
Dividend policy
Active
Price as of:
$53.54 -0.75 0%
primary theme
N/A

ZMLP - Snapshot

Vitals

  • YTD Return 346.9%
  • 3 Yr Annualized Return -16.8%
  • 5 Yr Annualized Return -11.8%
  • Net Assets $42.3 M
  • Holdings in Top 10 44.5%

52 WEEK LOW AND HIGH

$54.29
$31.04
$100.08

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 120.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme N/A
  • Fund Type Exchange Traded Fund
  • Investment Style Energy Limited Partnership

Compare ZMLP to Popular

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$167.20

-3.31%

$937.57 B

1.68%

$2.90

blocked
blocked
blocked

3.15%

0.03%

$300.07

-3.44%

$573.85 B

1.79%

$5.57

blocked
blocked
blocked

2.51%

0.03%

$51.08

-2.85%

$400.05 B

3.24%

$1.70

blocked
blocked
blocked

-7.72%

0.08%

$326.66

-3.42%

$295.39 B

1.62%

$5.48

blocked
blocked
blocked

2.52%

0.10%

$87.92

-0.14%

$291.23 B

2.59%

$2.28

blocked
blocked
blocked

4.61%

0.04%

ZMLP - Profile

Distributions

  • YTD Total Return -44.1%
  • 3 Yr Annualized Total Return -16.8%
  • 5 Yr Annualized Total Return -11.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.88%
DIVIDENDS
  • Dividend Yield 19.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Direxion Zacks MLP High Income Index Shares
  • Fund Family Name
    Direxion Funds
  • Inception Date
    Jan 23, 2014
  • Shares Outstanding
    837202
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Brigandi

Fund Description

The fund, under normal circumstances, invests at least 80% of its net assets in the securities that comprise the index. The index is comprised of 25 securities selected from a universe of master limited partnerships ("MLPs") listed on U.S. exchanges. The fund is non-diversified.


ZMLP - Performance

Return Ranking - Trailing

Period ZMLP Return Category Return Low Category Return High Rank in Category (%)
YTD 346.9% -88.0% 346.9% 0.70%
1 Yr -39.3% -88.9% 6.6% 38.46%
3 Yr -16.8%* -53.0% -0.2% 40.29%
5 Yr -11.8%* -35.9% 2.2% 69.35%
10 Yr N/A* -25.7% 4.6% N/A

* Annualized

Return Ranking - Calendar

Period ZMLP Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -87.2% 18.9% 58.33%
2018 -25.9% -83.3% -10.9% 79.67%
2017 -15.3% -59.9% -1.4% 73.15%
2016 8.5% -10.3% 459.2% 81.19%
2015 -47.5% -65.1% -1.2% 86.32%

Total Return Ranking - Trailing

Period ZMLP Return Category Return Low Category Return High Rank in Category (%)
YTD -44.1% -88.0% 186.9% 65.49%
1 Yr -39.3% -88.9% 6.6% 35.66%
3 Yr -16.8%* -53.0% -0.2% 38.13%
5 Yr -11.8%* -35.9% 2.2% 66.13%
10 Yr N/A* -25.7% 4.6% N/A

* Annualized

Total Return Ranking - Calendar

Period ZMLP Return Category Return Low Category Return High Rank in Category (%)
2019 1.1% -10.0% 18.9% 62.12%
2018 -25.9% -41.7% -9.4% 86.99%
2017 -15.3% -59.9% 0.4% 86.11%
2016 8.5% -10.3% 65.5% 89.11%
2015 -47.5% -65.1% -1.2% 89.47%

ZMLP - Holdings

Concentration Analysis

ZMLP Category Low Category High ZMLP % Rank
Net Assets 42.3 M 1.04 M 3.01 B 82.98%
Number of Holdings 27 15 154 59.84%
Net Assets in Top 10 18.7 M 167 K 2.35 B 90.55%
Weighting of Top 10 44.50% 35.8% 87.1% 92.37%

Top 10 Holdings

  1. Suburban Propane Partners LP 5.18%
  2. Brookfield Renewable Partners LP 5.14%
  3. Brookfield Infrastructure Partners LP 4.80%
  4. Enviva Partners LP 4.44%
  5. Delek Logistics Partners LP 4.44%
  6. DCP Midstream LP 4.33%
  7. BP Midstream Partners LP 4.24%
  8. CrossAmerica Partners LP 4.21%
  9. Icahn Enterprises LP 4.17%
  10. Sunoco LP 4.14%

Asset Allocation

Weighting Return Low Return High ZMLP % Rank
Stocks
99.50% 20.46% 145.34% 24.22%
Cash
0.50% -45.34% 79.54% 68.50%
Preferred Stocks
0.00% 0.00% 10.78% 23.62%
Other
0.00% 0.00% 39.71% 15.75%
Convertible Bonds
0.00% 0.00% 6.00% 8.66%
Bonds
0.00% 0.00% 64.85% 21.88%

Stock Sector Breakdown

Weighting Return Low Return High ZMLP % Rank
Energy
67.84% 16.11% 100.00% 89.76%
Utilities
15.19% 0.00% 57.26% 20.47%
Basic Materials
8.62% 0.00% 8.62% 0.79%
Industrials
8.35% 0.00% 8.35% 0.79%
Technology
0.00% 0.00% 18.83% 14.17%
Real Estate
0.00% 0.00% 17.61% 12.60%
Healthcare
0.00% 0.00% 0.00% 7.87%
Financial Services
0.00% 0.00% 2.45% 14.17%
Communication Services
0.00% 0.00% 4.72% 11.02%
Consumer Defense
0.00% 0.00% 0.00% 7.87%
Consumer Cyclical
0.00% 0.00% 3.95% 11.02%

Stock Geographic Breakdown

Weighting Return Low Return High ZMLP % Rank
US
90.57% 20.46% 145.34% 39.37%
Non US
8.93% 0.00% 47.08% 57.48%

ZMLP - Expenses

Operational Fees

ZMLP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.40% 45.48% 96.92%
Management Fee 0.50% 0.40% 2.64% 3.45%
12b-1 Fee 0.00% 0.00% 1.00% 1.52%
Administrative Fee N/A 0.04% 0.25% N/A

Sales Fees

ZMLP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ZMLP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ZMLP Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 120.00% 13.00% 439.00% 94.53%

ZMLP - Distributions

Dividend Yield Analysis

ZMLP Category Low Category High ZMLP % Rank
Dividend Yield 19.42% 0.00% 34.47% 1.37%

Dividend Distribution Analysis

ZMLP Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

ZMLP Category Low Category High ZMLP % Rank
Net Income Ratio 0.88% -49.00% 5.74% 33.59%

Capital Gain Distribution Analysis

ZMLP Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

ZMLP - Fund Manager Analysis

Managers

Paul Brigandi


Start Date

Tenure

Tenure Rank

Jan 23, 2014

6.69

6.7%

Paul Brigandi, the Fund’s Portfolio Manager, is primarily responsible for the day-to-day management of the Fund. An investment trading team of Rafferty employees assists Mr. Brigandi in the day-to-day management of the Fund subject to his primary responsibility and oversight. The Portfolio Manager works with the investment trading team to decide the target allocation of the Fund’s investments and on a day-to-day basis, an individual portfolio trader executes transactions for the Fund consistent with its target allocation. The members of the investment trading team rotate among the various series of the Trust, including the Fund periodically so that no single individual is assigned to a specific Fund for extended periods of time. Mr. Brigandi has been a Portfolio Manager at Rafferty since June 2004. Mr. Brigandi was previously involved in the equity trading training program for Fleet Boston Financial Corporation from August 2002 to April 2004. Mr. Brigandi is a 2002 graduate of Fordham University.

Tony Ng


Start Date

Tenure

Tenure Rank

Sep 30, 2015

5.01

5.0%

Tony Ng is a Portfolio Manager and joined Rafferty Asset Management in April 2006. He was previously a Team Leader in the Trading Assistant Group with Goldman Sachs from 2004 to 2006. Hg was employed with Deutsche Asset Management from 1998 to 2004. Mr. Ng graduated from State University at Buffalo in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.21 16.6 6.34 10.51