ProShares expects that none of its 128 equity and fixed income exchange traded funds (ETFs) will pay any 2014 capital gain distributions.
“Tax efficiency is important to ETF shareholders,” says Michael L Sapir, Co-Founder and CEO of ProShare Advisors LLC. “We are pleased that our management of ProShares ETFs contributed to no capital gains being distributed to our shareholders.”
Capital gain distribution estimates are subject to change. The distribution dates for fourth quarter income dividends are available at ProShares.com. Capital gain distribution and income dividend amounts will vary from year to year.