ProFunds Mid Cap Growth Fund Investor Class

Frequently Asked Questions About MGPIX

What does MGPIX invest in?

This fund endeavors to mimic the investment outcomes of the S&P MidCap 400® Growth Index, prior to accounting for its operational costs and fees. To achieve this, the portfolio manager allocates capital into a selection of financial instruments, which are expected, in aggregate, to mirror the index's performance. The underlying benchmark is crafted to provide an expansive measure of the performance of growth-oriented U.S. companies within the mid-capitalization spectrum. It is a passively managed index, adjusted for publicly available shares and weighted according to each company's market value. Its constituents are specifically chosen from the broader S&P MidCap 400, focusing on those stocks that S&P Dow Jones Indices LLC has identified as displaying robust growth attributes.

What is the expense ratio of MGPIX?

ProFunds Mid Cap Growth Fund Investor Class (MGPIX) charges an expense ratio of 1.78%. This is the annual fee deducted from fund assets to cover management and operations.

What is MGPIX's dividend yield?

MGPIX's trailing-twelve-month yield is 3.04%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MGPIX?

Effective duration measures MGPIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MGPIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MGPIX?

MGPIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MGPIX?

Yield to maturity (YTM) is the total return you'd earn from MGPIX if every bond in the portfolio is held to maturity at the current price. MGPIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.