TLL, what the hell?

Discussion in 'ETFs' started by joe4422, Sep 25, 2009.

  1. joe4422


    What happened to TLL to drop like 30% in a day?
  2. I see it down zero POINT three percent, but not thirty.
  3. joe4422


    Sorry, I mean from the day before yesterday to yesterday,

    It gapped down from 22.36 to 17.18
  4. Petro


    It had a short term cap gain distribution of 4.93334
  5. S2007S


    Why does everyone get surprised by this every quarter, a few of these etfs pay out big short term dividends, this was one of them this quarter. All you have to do is go to and click on distributions, its all there, no need to question why its down.
  6. isn't this Proshares ultrashort telecom ? Why would it pay a dividend ?
  7. joe4422


    It was a distribution.

    Not everyone knows about these. They're not listed like a normal dividend so alot of trading software programs don't pick them up and list them as a dividend. Unless you trade proshares all the time, you wouldn't know these distributions exist. Who's got time to download a PDF file and check every time before you make a darn trade. They should have a newsletter with alerts or list the distributions about to be made on their front page. It's a pain.