LABD is Direxion Funds's Direxion Daily S&P Biotech Bear 3X Shares (Healthcare). Trading at $14.31. Current dividend yield: 6.38%.
Dividend snapshot
| Annual dividend rate | $0.34 |
| Current yield | 6.38% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Jun 24, 2026 |
| Most recent payment date | Mar 31, 2026 |
| Last payment amount | $0.0854 |
| 5-year dividend CAGR | -32.43% |
| 3-year dividend CAGR | 15.27% |
| Expense ratio | 1.07% |
| Payout ratio | 0% |
| Market cap | $69M |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-03-24 | $0.0850 |
| 2025-12-23 | $0.2290 |
| 2025-09-23 | $0.2600 |
| 2025-06-24 | $0.3700 |
| 2025-03-25 | $0.5500 |
| 2024-12-23 | $1.2600 |
| 2024-09-24 | $0.5800 |
| 2024-06-25 | $0.8900 |
About LABD
The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is designed to measure the performance of the biotechnology sub-industry based on the GICS. The fund is non-diversified.
Track LABD in DiviDrip
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Data refreshed 2026-05-24. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.