ZMLP

Fund Description
The Direxion Zacks MLP High Income Shares seeks investment results, before fees and expenses, that track the price and yield performance of the Zacks MLP High Income Index. The Zacks MLP High Income Index selects 25 Master Limited Partnerships (MLP) utilizing a methodology proprietary to Zacks. The objective of the Index is to select a group of MLPs with the potential to yield and outperform on a risk adjusted basis the S&P 500 Index and other benchmark indices. The Index constituent selection methodology utilizes multi-factor proprietary selection rules to identify those MLPs that offer the greatest yield by assessing various factors, including yield, liquidity, and relative value. The approach is specifically designed to enhance investment applications and investability. Index reconstitution will begin quarterly after the close of the last business day of January, April, July, and October.
Fund Profile
Fund Name Direxion Zacks MLP High Income Shares
Fund Exchange Ticker ZMLP
Fund Sponsor Direxion Shares
Fund ISIN US25459Y2981
Net Expense Ratio 0.65 %
Fund Inception Date 23 January 2014
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name Zacks MLP High Income Index
Index Provider Zacks
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 46.73 Million (USD)
1 Month Total Return 8.73 %
Year To Date Return 14.09 %
1 Year Total Return -12.29 %
3 Year Annualized Total Return 10.50 %
NAV 13.5453
Share Outstanding 3,450,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
WESTERN GAS PARTNERS LP WES MLP 0.0499899473
NUSTAR ENERGY LP NS MLP 0.0461294250
PLAINS ALL AMER PIPELINE LP PAA MLP 0.0456689842
SUNOCO LP SUN MLP 0.0441361153
HOLLY ENERGY PARTNERS LP HEP MLP 0.0437294434
ENTERPRISE PRODUCTS PARTNERS EPD MLP 0.0425069358
MPLX LP MPLX EQUI 0.0420402126
MAGELLAN MIDSTREAM PARTNERS MMP MLP 0.0417529975
ICAHN ENTERPRISES LP IEP MLP 0.0416998458
EQM MIDSTREAM PARTNERS LP EQM MLP 0.0415159193