Returns Chart

Key Stats

Customize
Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
2.78% 857225.0 0.00% --
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
271482.2 -4.70% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide investment results that correspond generally to the inverse of the total return of the high yield market consistent with maintaining reasonable liquidity. The fund invests primarily in financial instruments that ProFund Advisors believes, in combination, should provide investment results that correspond generally to the inverse of the high yield market. It seeks to maintain inverse exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of periods favorable for the high yield market. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol AFBIX
Equity Style --
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Trading--Inverse Debt
Category Index BBgBarc US Agg Bond TR USD
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name ProFunds
Prospectus Benchmark Index
Markit iBoxx Liquid High Yield TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Benjamin McAbee 4.09 yrs
Alexander Ilyasov 1.49 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 25
271482.2
-45.81M Category Low
34.55M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of September 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of October 23, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
-16.93%
-7.90%
-5.87%
-14.39%
-4.90%
-1.44%
-13.54%
-2.66%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
4.44%
4.75%
-12.50%
-4.30%
-2.77%
-4.01%
0.07%
-8.06%
-12.46%
16.30%
-30.81%
-2.74%
-5.65%
-12.78%
3.08%
-18.19%
-26.39%
-14.05%
-8.43%
-4.63%
-11.37%
-5.87%
1.00%
-11.11%
-1.14%
14.49%
8.13%
4.52%
0.59%
16.20%
-9.00%
17.23%
--
As of October 23, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-23-20) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price --
As of April 30, 2020

Asset Allocation

As of April 30, 2020.
Type % Net % Long % Short
Cash 90.66% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 5.29% Upgrade Upgrade
Convertible 4.05% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 5 Holdings

Name % Weight Price % Change
Soc 0.015% , 5/1/2020
24.61% -- --
HSBC Bank plc 0.01%
16.93% -- --
Cib 0.005% , 5/1/2020
5.40% -- --
Royal Bank of Canada 0%
4.05% -- --
Umb 0.00% , 5/1/2020
3.53% -- --

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks to provide investment results that correspond generally to the inverse of the total return of the high yield market consistent with maintaining reasonable liquidity. The fund invests primarily in financial instruments that ProFund Advisors believes, in combination, should provide investment results that correspond generally to the inverse of the high yield market. It seeks to maintain inverse exposure to the high yield market regardless of market conditions and without taking defensive positions in cash or other instruments in anticipation of periods favorable for the high yield market. The fund is non-diversified.
General
Security Type Mutual Fund
Oldest Share Symbol AFBIX
Equity Style --
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Trading--Inverse Debt
Category Index BBgBarc US Agg Bond TR USD
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name ProFunds
Prospectus Benchmark Index
Markit iBoxx Liquid High Yield TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Benjamin McAbee 4.09 yrs
Alexander Ilyasov 1.49 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-23-20) 0.00%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price --
As of April 30, 2020

Fund Details

Key Dates
Inception Date 4/27/2005
Last Annual Report Date 10/31/2019
Last Prospectus Date 2/28/2020
Share Classes
AFBIX Inv
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No