UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-08239
ProFunds
(Exact name of registrant as specified in charter)
7272 Wisconsin Avenue, 21st Floor Bethesda, MD | 20814 | |
(Address of principal executive offices) | (Zip code) |
Citi Fund Services Ohio, Inc., 4400 Easton Commons, Suite 200, Columbus, OH 43219
(Name and address of agent for service)
Registrant’s telephone number, including area code: (240) 497-6400
Date of fiscal year end: July 31
Date of reporting period: January 31, 2022
Item 1. Reports to Stockholders.
SemiAnnual Report
JANUARY 31, 2022
Investor | Service | ||
Access Flex Bear High Yield ProFund | AFBIX | AFBSX | |
Access Flex High Yield ProFund | FYAIX | FYASX | |
Banks UltraSector ProFund | BKPIX | BKPSX | |
Basic Materials UltraSector ProFund | BMPIX | BMPSX | |
Bear ProFund | BRPIX | BRPSX | |
Biotechnology UltraSector ProFund | BIPIX | BIPSX | |
Bitcoin Strategy ProFund | BTCFX | ||
Bull ProFund | BLPIX | BLPSX | |
Communication Services UltraSector ProFund | WCPIX | WCPSX | |
Consumer Goods UltraSector ProFund | CNPIX | CNPSX | |
Consumer Services UltraSector ProFund | CYPIX | CYPSX | |
Europe 30 ProFund | UEPIX | UEPSX | |
Falling U.S. Dollar ProFund | FDPIX | FDPSX | |
Financials UltraSector ProFund | FNPIX | FNPSX | |
Health Care UltraSector ProFund | HCPIX | HCPSX | |
Industrials UltraSector ProFund | IDPIX | IDPSX | |
Internet UltraSector ProFund | INPIX | INPSX | |
Large-Cap Growth ProFund | LGPIX | LGPSX | |
Large-Cap Value ProFund | LVPIX | LVPSX | |
Mid-Cap Growth ProFund | MGPIX | MGPSX | |
Mid-Cap ProFund | MDPIX | MDPSX | |
Mid-Cap Value ProFund | MLPIX | MLPSX | |
Nasdaq-100 ProFund | OTPIX | OTPSX | |
Oil & Gas UltraSector ProFund | ENPIX | ENPSX | |
Oil Equipment & Services UltraSector ProFund | OEPIX | OEPSX | |
Pharmaceuticals UltraSector ProFund | PHPIX | PHPSX | |
Precious Metals UltraSector ProFund | PMPIX | PMPSX | |
Real Estate UltraSector ProFund | REPIX | REPSX | |
Rising Rates Opportunity ProFund | RRPIX | RRPSX | |
Rising Rates Opportunity 10 ProFund | RTPIX | RTPSX | |
Rising U.S. Dollar ProFund | RDPIX | RDPSX | |
Semiconductor UltraSector ProFund | SMPIX | SMPSX | |
Short Nasdaq-100 ProFund | SOPIX | SOPSX | |
Short Oil & Gas ProFund | SNPIX | SNPSX | |
Short Precious Metals ProFund | SPPIX | SPPSX | |
Short Real Estate ProFund | SRPIX | SRPSX | |
Short Small-Cap ProFund | SHPIX | SHPSX | |
Small-Cap Growth ProFund | SGPIX | SGPSX | |
Small-Cap ProFund | SLPIX | SLPSX | |
Small-Cap Value ProFund | SVPIX | SVPSX | |
Technology UltraSector ProFund | TEPIX | TEPSX | |
Telecommunications UltraSector ProFund | TCPIX | TCPSX | |
UltraBear ProFund | URPIX | URPSX | |
UltraBull ProFund | ULPIX | ULPSX | |
UltraChina ProFund | UGPIX | UGPSX | |
UltraDow 30 ProFund | UDPIX | UDPSX | |
UltraEmerging Markets ProFund | UUPIX | UUPSX | |
UltraInternational ProFund | UNPIX | UNPSX | |
UltraJapan ProFund | UJPIX | UJPSX | |
UltraLatin America ProFund | UBPIX | UBPSX | |
UltraMid-Cap ProFund | UMPIX | UMPSX | |
UltraNasdaq-100 ProFund | UOPIX | UOPSX | |
UltraShort China ProFund | UHPIX | UHPSX | |
UltraShort Dow 30 ProFund | UWPIX | UWPSX | |
UltraShort Emerging Markets ProFund | UVPIX | UVPSX | |
UltraShort International ProFund | UXPIX | UXPSX | |
UltraShort Japan ProFund | UKPIX | UKPSX | |
UltraShort Latin America ProFund | UFPIX | UFPSX | |
UltraShort Mid-Cap ProFund | UIPIX | UIPSX | |
UltraShort Nasdaq-100 ProFund | USPIX | USPSX | |
UltraShort Small-Cap ProFund | UCPIX | UCPSX | |
UltraSmall-Cap ProFund | UAPIX | UAPSX | |
U.S. Government Plus ProFund | GVPIX | GVPSX | |
Utilities UltraSector ProFund | UTPIX | UTPSX |
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Fund’s annual and semiannual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Fund’s website (profunds.com), and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Fund electronically anytime by contacting your financial intermediary (such as a broker-dealer or bank) or, if you are a direct investor, by calling 888-PRO-FNDS (888-776-3637) or by sending and e-mail request to info@profunds.com.
Beginning on January 1, 2019, you may elect to receive all future reports in paper free of charge. If you invest through a financial intermediary, you can contact your financial intermediary to request that you continue to receive paper copies of your shareholder reports. If you invest directly with the Fund, you can call 888-PRO-FNDS (888-776-3637) or send an email request to info@profunds.com to let the Fund know you wish to continue receiving paper copies of your shareholder reports. Your election to receive reports in paper will apply to all funds held in your account in you invest through your financial intermediary or all funds held with the fund complex if you invest directly with the Fund.
Table of Contents
1 | Message from the Chairman | |
3 | Allocation of Portfolio Holdings and Index Composition | |
27 | Expense Examples | |
Schedules of Portfolio Investments | ||
34 | Access Flex Bear High Yield ProFund | |
35 | Access Flex High Yield ProFund | |
36 | Banks UltraSector ProFund | |
38 | Basic Materials UltraSector ProFund | |
40 | Bear ProFund | |
41 | Biotechnology UltraSector ProFund | |
43 | Bitcoin Strategy ProFund | |
44 | Bull ProFund | |
47 | Communication Services UltraSector ProFund | |
49 | Consumer Goods UltraSector ProFund | |
52 | Consumer Services UltraSector ProFund | |
55 | Europe 30 ProFund | |
56 | Falling U.S. Dollar ProFund | |
57 | Financials UltraSector ProFund | |
61 | Health Care UltraSector ProFund | |
64 | Industrials UltraSector ProFund | |
68 | Internet UltraSector ProFund | |
70 | Large-Cap Growth ProFund | |
74 | Large-Cap Value ProFund | |
80 | Mid-Cap Growth ProFund | |
84 | Mid-Cap ProFund | |
90 | Mid-Cap Value ProFund | |
95 | Nasdaq-100 ProFund | |
98 | Oil & Gas UltraSector ProFund | |
100 | Oil Equipment & Services UltraSector ProFund | |
102 | Pharmaceuticals UltraSector ProFund | |
104 | Precious Metals UltraSector ProFund | |
106 | Real Estate UltraSector ProFund | |
109 | Rising Rates Opportunity ProFund | |
110 | Rising Rates Opportunity 10 ProFund | |
111 | Rising U.S. Dollar ProFund | |
112 | Semiconductor UltraSector ProFund | |
114 | Short Nasdaq-100 ProFund | |
115 | Short Oil & Gas ProFund | |
116 | Short Precious Metals ProFund | |
117 | Short Real Estate ProFund | |
118 | Short Small-Cap ProFund | |
119 | Small-Cap Growth ProFund | |
124 | Small-Cap ProFund | |
127 | Small-Cap Value ProFund | |
134 | Technology UltraSector ProFund | |
137 | Telecommunications UltraSector ProFund | |
139 | UltraBear ProFund | |
140 | UltraBull ProFund | |
143 | UltraChina ProFund | |
145 | UltraDow 30 ProFund | |
147 | UltraEmerging Markets ProFund | |
149 | UltraInternational ProFund | |
150 | UltraJapan ProFund | |
151 | UltraLatin America ProFund | |
153 | UltraMid-Cap ProFund | |
160 | UltraNasdaq-100 ProFund | |
163 | UltraShort China ProFund | |
164 | UltraShort Dow 30 ProFund | |
165 | UltraShort Emerging Markets ProFund | |
166 | UltraShort International ProFund | |
167 | UltraShort Japan ProFund | |
168 | UltraShort Latin America ProFund | |
169 | UltraShort Mid-Cap ProFund | |
170 | UltraShort Nasdaq-100 ProFund | |
171 | UltraShort Small-Cap ProFund | |
172 | UltraSmall-Cap ProFund | |
175 | U.S. Government Plus ProFund | |
176 | Utilities UltraSector ProFund | |
179 | Statements of Assets and Liabilities | |
195 | Statements of Operations | |
211 | Statements of Changes in Net Assets | |
239 | Consolidated Statement of Cash Flows | |
241 | Financial Highlights | |
275 | Notes to Financial Statements | |
317 | Board Approval of Investment Advisory Agreement | |
320 | Liquidity Risk Management Program |
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Message from the Chairman
Dear Shareholder:
As communities, economies and companies around the world continue to navigate fluctuating pandemic conditions, I would like to reaffirm ProFunds’ commitment to providing you, our investors, with products and services to meet your objectives. ProFunds remains focused on ensuring the effective management of our funds during this time, and I am pleased to provide you with this ProFunds Semiannual report to shareholders for the six-month period ended January 31, 2022.
Large Caps Manage Gains, Mid and Small Caps Retreat
Despite periods of uncertainty and market declines, major large-cap U.S. indexes generated positive returns for the six-month period. However, mid- and small-cap stocks, as measured by the S&P MidCap 400 and the Russell 2000 indexes, fell during the reporting period. These companies generally have less-robust balance sheets, lower profit margins and reduced market power compared to large caps, making them more sensitive to rising inflation and the Federal Reserve’s announcement about tapering stimulus. Buoyed by robust corporate profits and an improving economy, markets generally rose early in the period, despite the Delta variant of COVID-19. September saw markets dip amid supply chain bottlenecks, inflation (which reached 4.4%, a 30-year high), higher interest rates, and weak employment data. Markets rose again in late 2021, despite the emergence of the new Omicron variant, as a 6.9% hike in real GDP for the fourth quarter and other data demonstrated that the economy’s overall performance had remained steady. Corporate earnings were also robust.
Investor sentiment changed dramatically in early 2022. S&P 500 equities dropped more than 5% in January, the worst monthly performance since 2009. Contributing factors included a surge in inflation, a monetary policy pivot on interest rates, the Omicron variant, and ongoing supply chain issues. There was a reprieve in late January, however, as a few large tech firms announced strong fourth-quarter results and the market posted gains to end the month.
Investors watched the Fed closely throughout the period. In November, Fed Chairman Powell stopped using the word “transitory” to describe inflation. Then, the Fed stated in late December that it would complete its monthly stimulus tapering earlier than previously indicated, largely a result of the robust labor market of late 2021. Major indexes fell in January as a result of Federal Open Market Committee (FOMC) notes relating to a more aggressive schedule of interest rate hikes than previously predicted. Fed officials were reportedly contemplating raising interest rates three times in 2022—beginning in March—in response to the improving economy and inflation that continued to climb above the Fed’s 2% target.
The S&P 500 rose 3.4% during the period, and the Dow Jones Industrial Average® advanced 1.5%. Seven of the 11 Dow Jones U.S. Industry Indices advanced. The three leading industry sectors were oil and gas, which rose 35.6%, consumer goods, which gained 6.8%, and utilities, which climbed 6.7%. The most significant laggards were
1
telecom, which fell 7.4%, and consumer services, which declined 6.7%. The small-cap Russell 2000® Index retreated 8.4%, and the S&P MidCap 400® fell 1.9%.
International Equity Markets Retreat for the Period
Both developed and emerging international markets trailed U.S. markets during most of the period. A strengthening U.S. dollar relative to international currencies also detracted from returns for U.S. investors in international markets. Shares of Eurozone and Asian companies fell in January amid caution over the outlook for U.S. interest rates and geopolitical risk due to the Russian buildup of troops on Ukraine’s borders.
The MSCI EAFE Index, which represents the performance of developed markets equities outside of the United States and Canada, retreated 3.4%, the MSCI Europe Index contracted 2.5%, and the Nikkei 225 Index fell 4.8%. The BNY Mellon Emerging Markets Index dropped 9.3% for the period. Chinese stocks, as measured by the BNY China Select ADR Index, tumbled 22.4%, and Latin American markets decreased 3.9%, as measured by the BNY Mellon Latin America Index.
10-Year Rates Traded below 2% as the Fed Provided Stimulus
U.S. Treasury yields, which move opposite to bond prices, rose throughout the period due to aforementioned inflation concerns and Fed monetary policy changes. High-yield corporate bonds finished 2021 as the best-performing segments of the fixed income market, though they fell in January due to concern about higher rates. Long U.S. Treasurys, as represented by the Ryan Labs 10-Year and 30-Year Indexes, declined 5.8% and 8.2%, respectively, for the period. Investment-grade corporate bonds dropped 5.1%, as measured by the Markit iBoxx® $ Liquid Investment Grade Index, while their high-yield counterparts declined 1.7%, according to the Markit iBoxx® $ Liquid High Yield Index.
ProFunds Mutual Funds Investor Performance
ProFunds’ index-based mutual funds offer investors advantages such as diverse market exposures, a transparent investment process, efficient fund management, and high daily correlation to their indexes. Investors in our long-duration bond and Treasury funds generally benefited during the period. Long investors in ProFunds dollar funds were also generally rewarded in terms of performance during the period, as the U.S. dollar climbed 3.8% in the six-month period, according to the Bloomberg Dollar Spot Index.
No matter what direction the market takes in these rapidly changing times, our extensive lineup of ProFunds mutual funds offers a range of strategies designed to meet your objectives, help you manage risk, and potentially enhance your returns.
We appreciate the trust and confidence you have placed in us by choosing ProFunds, and we look forward to continuing to serve your investing needs.
Sincerely,
Michael L. Sapir
Chairman of the Board of Trustees
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Allocation of Portfolio Holdings and Index Composition
4 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Access Flex Bear High Yield ProFund
Investment Objective: The Access Flex Bear High Yield ProFund seeks to provide investment results that correspond generally to the inverse (-1x) of the total return of the high yield market, consistent with maintaining reasonable liquidity.
Market Exposure
Investment Type | % of Net Assets | |||
Credit Default Swap Agreements | (91 | )% | ||
Futures Contracts | (84 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Access Flex Bear High Yield ProFund primarily invests in non-equity securities, which may include: credit default swap agreements, futures contracts, repurchase agreements, U.S. Government and money market securities.
Industry Exposure
% of Market Exposure (CDS) | ||||
Consumer Cyclical | (28 | )% | ||
Consumer Non-Cyclical | (16 | )% | ||
Communications | (12 | )% | ||
Financial | (11 | )% | ||
Energy | (9 | )% | ||
Industrials | (7 | )% | ||
Basic Materials | (6 | )% | ||
Utilties | (6 | )% | ||
Technology | (5 | )% |
Access Flex High Yield ProFund
Investment Objective: The Access Flex High Yield ProFund seeks to provide investment results that correspond generally to the total return of the high yield market, consistent with maintaining reasonable liquidity.
Market Exposure
Investment Type | % of Net Assets | |||
Credit Default Swap Agreements | 84 | % | ||
Futures Contracts | 6 | % | ||
U.S. Treasury Obligation | 62 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Access Flex High Yield ProFund primarily invests in non-equity securities, which may include: credit default swap agreements, futures contracts, repurchase agreements, U.S. Government and money market securities.
Industry Exposure
% of Market Exposure (CDS) | ||||
Consumer Cyclical | 28 | % | ||
Consumer Non-Cyclical | 16 | % | ||
Communications | 12 | % | ||
Financial | 11 | % | ||
Energy | 9 | % | ||
Industrials | 7 | % | ||
Basic Materials | 6 | % | ||
Utilties | 6 | % | ||
Technology | 5 | % |
Banks UltraSector ProFund
Investment Objective: The Banks UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. BanksSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 78 | % | ||
Swap Agreements | 72 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
JPMorgan Chase & Co. | 19.4 | % | ||
Bank of America Corp. | 14.7 | % | ||
Wells Fargo & Co. | 9.5 | % | ||
Citigroup, Inc. | 5.7 | % | ||
PNC Bank Corp. | 3.8 | % |
Dow Jones U.S. BanksSM Index – Composition
% of Index | ||||
Diversified Banks | 68 | % | ||
Regional Banks | 32 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 5
Basic Materials UltraSector ProFund
Investment Objective: The Basic Materials UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Basic MaterialsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 83 | % | ||
Swap Agreements | 67 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Linde PLC | 16.0 | % | ||
Air Products & Chemicals, Inc. | 6.1 | % | ||
Freeport-McMoRan, Inc. | 5.4 | % | ||
Newmont Corp. | 4.8 | % | ||
Ecolab, Inc. | 4.6 | % |
Dow Jones U.S. Basic MaterialsSM Index – Composition
% of Index | ||||
Chemicals | 62 | % | ||
Metals & Mining | 16 | % | ||
Containers & Packaging | 15 | % | ||
Construction Materials | 5 | % | ||
Life Sciences Tools & Services | 1 | % | ||
Paper & Forest Products | 1 | % |
Bear ProFund
Investment Objective: The Bear ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the S&P 500® for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (100 | )% | ||
Total Exposure | (100 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Bear ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
S&P 500® – Composition
% of Index | ||||
Information Technology | 28 | % | ||
Health Care | 13 | % | ||
Consumer Discretionary | 12 | % | ||
Financials | 11 | % | ||
Communication Services | 10 | % | ||
Industrials | 8 | % | ||
Consumer Staples | 6 | % | ||
Energy | 3 | % | ||
Real Estate | 3 | % | ||
Utilities | 3 | % | ||
Materials | 3 | % |
Biotechnology UltraSector ProFund
Investment Objective: The Biotechnology UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. BiotechnologySM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 79 | % | ||
Swap Agreements | 71 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
AbbVie, Inc. | 12.3 | % | ||
Danaher Corp. | 10.5 | % | ||
Amgen, Inc. | 9.6 | % | ||
Gilead Sciences, Inc. | 5.6 | % | ||
Regeneron Pharmaceuticalss | 3.7 | % | ||
Vertex Pharmaceuticals, Inc. | 3.6 | % |
Dow Jones U.S. Biotechnology IndexSM – Composition
% of Index | ||||
Biotechnology | 65 | % | ||
Life Sciences Tools & Services | 35 | % |
6 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Bitcoin Strategy ProFund
Investment Objective: The Bitcoin Strategy ProFund seeks to provide capital appreciation by investing all or substantially all of its assets through actively managed exposure to bitcoin futures contracts. The Fund does not invest directly in bitcoin.
Market Exposure
Investment Type | % of Net Assets | |||
Futures Contracts | 100 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Bitcoin Strategy ProFund primarily invests in non-equity securities, which may include: futures contracts, Canadian Exchange Traded Funds, repurchase agreements and reverse repurchase agreements, and U.S. Government securities.
Bull ProFund
Investment Objective: The Bull ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P 500®.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 78 | % | ||
Swap Agreements | 22 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Apple, Inc. | 5.5 | % | ||
Microsoft Corp. | 4.7 | % | ||
Alphabet, Inc. | 3.2 | % | ||
Amazon.com, Inc. | 2.6 | % | ||
Tesla, Inc. | 1.5 | % |
S&P 500® – Composition
% of Index | ||||
Information Technology | 28 | % | ||
Health Care | 13 | % | ||
Consumer Discretionary | 12 | % | ||
Financials | 11 | % | ||
Communication Services | 10 | % | ||
Industrials | 8 | % | ||
Consumer Staples | 6 | % | ||
Energy | 3 | % | ||
Real Estate | 3 | % | ||
Utilities | 3 | % | ||
Materials | 3 | % |
Communication Services UltraSector ProFund
Investment Objective: The Communication Services UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P Communication Services Select SectorSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 82 | % | ||
Swap Agreements | 68 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Meta Platforms, Inc. | 18.4 | % | ||
Alphabet, Inc. | 17.7 | % | ||
AT&T, Inc. | 4.2 | % | ||
Verizon Communications, Inc. | 4.0 | % | ||
Activision Blizzard, Inc. | 4.0 | % |
S&P Communication Services Select SectorSM Index – Composition
% of Index | ||||
Media & Entertainment | 90 | % | ||
Telecommunication Services | 10 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 7
Consumer Goods UltraSector ProFund
Investment Objective: The Consumer Goods UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Consumer GoodsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 80 | % | ||
Swap Agreements | 70 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Tesla, Inc. | 16.5 | % | ||
The Procter & Gamble Co. | 8.4 | % | ||
PepsiCo, Inc. | 5.2 | % | ||
The Coca-Cola Co. | 5.1 | % | ||
NIKE, Inc. | 4.1 | % |
Dow Jones U.S. Consumer GoodsSM Index – Composition
% of Index | ||||
Food, Beverage & Tobacco | 35 | % | ||
Automobiles & Components | 28 | % | ||
Household & Personal Products | 17 | % | ||
Consumer Durables & Apparel | 14 | % | ||
Media & Entertainment | 4 | % | ||
Retailing | 1 | % | ||
Capital Goods | 1 | % |
Consumer Services UltraSector ProFund
Investment Objective: The Consumer Services UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Consumer ServicesSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 79 | % | ||
Swap Agreements | 71 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Amazon.com, Inc. | 19.5 | % | ||
The Home Depot, Inc. | 5.8 | % | ||
The Walt Disney Co. | 3.9 | % | ||
Comcast Corp | 3.4 | % | ||
Costco Wholesale Corp. | 3.3 | % |
Dow Jones U.S. Consumer ServicesSM Index – Composition
% of Index | ||||
Retailing | 48 | % | ||
Media & Entertainment | 19 | % | ||
Consumer Services | 17 | % | ||
Food & Staples Retailing | 10 | % | ||
Transportation | 3 | % | ||
Commercial & Professional Services | 2 | % | ||
Health Care Equipment & Services | 1 | % |
Europe 30 ProFund
Investment Objective: The Europe 30 ProFund seeks investment results, before fees and expenses, that correspond to the performance of the ProFunds Europe 30 Index®.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 101 | % | ||
Total Exposure | 101 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Shell PLC | 6.1 | % | ||
ASML Holding N.V. | 5.4 | % | ||
TOTAL S.A. | 5.0 | % | ||
HSBC Holdings PLC | 5.0 | % | ||
SAP SE | 4.7 | % |
ProFunds Europe 30 Index®
Industry Breakdown | % of Index | |||
Energy | 22 | % | ||
Health Care | 20 | % | ||
Information Technology | 17 | % | ||
Consumer Staples | 14 | % | ||
Financials | 11 | % | ||
Materials | 8 | % | ||
Consumer Discretionary | 3 | % | ||
Communication Services | 3 | % | ||
Industrials | 2 | % |
Country Composition | ||||
United Kingdom | 43 | % | ||
Netherlands | 12 | % | ||
France | 9 | % | ||
Luxembourg | 7 | % | ||
Other | 29 | % |
8 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Falling U.S. Dollar ProFund
Investment Objective: The Falling U.S. Dollar ProFund seeks investment results, before fees and expenses, that correspond to the daily performance of the basket of currencies included in the U.S. Dollar Index. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Forward Currency Contracts | (100 | )% | ||
Total Exposure | (100 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Falling U.S. Dollar ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
U.S. Dollar Index – Composition
% of Index | ||||
Euro | 57 | % | ||
Japanese yen | 14 | % | ||
British pound | 12 | % | ||
Canadian dollar | 9 | % | ||
Swedish krona | 4 | % | ||
Swiss franc | 4 | % |
Financials UltraSector ProFund
Investment Objective: The Financials UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. FinancialsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 80 | % | ||
Swap Agreements | 70 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Berkshire Hathaway, Inc. | 6.3 | % | ||
JPMorgan Chase & Co. | 4.9 | % | ||
Visa, Inc. | 4.2 | % | ||
Mastercard, Inc. | 3.7 | % | ||
Bank of America Corp. | 3.7 | % |
Dow Jones U.S. FinancialsSM Index – Composition
% of Index | ||||
Diversified Financials | 33 | % | ||
Banks | 25 | % | ||
Real Estate | 20 | % | ||
Insurance | 12 | % | ||
Software & Services | 10 | % |
Health Care UltraSector ProFund
Investment Objective: The Health Care UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Health CareSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 79 | % | ||
Swap Agreements | 71 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Johnson & Johnson | 6.6 | % | ||
UnitedHealth Group, Inc. | 6.5 | % | ||
Pfizer, Inc. | 4.3 | % | ||
AbbVie, Inc. | 3.5 | % | ||
Thermo Fisher Scientific, Inc. | 3.3 | % |
Dow Jones U.S. Health CareSM Index – Composition
% of Index | ||||
Pharmaceuticals | 28 | % | ||
Health Care Equipment & Supplies | 22 | % | ||
Health Care Providers & Services | 20 | % | ||
Biotechnology | 16 | % | ||
Life Sciences Tools & Services | 14 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 9
Industrials UltraSector ProFund
Investment Objective: the Industrials UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. IndustrialsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 82 | % | ||
Swap Agreements | 69 | % | ||
Total Exposure | 151 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Accenture PLC | 3.8 | % | ||
PayPal Holdings, Inc. | 3.4 | % | ||
Union Pacific Corp. | 2.7 | % | ||
United Parcel Service, Inc. | 2.5 | % | ||
Honeywell International, Inc. | 2.4 | % |
Dow Jones U.S. IndustrialsSM Index – Composition
% of Index | ||||
Capital Goods | 48 | % | ||
Software & Services | 19 | % | ||
Transportation | 13 | % | ||
Commercial & Professional Services | 7 | % | ||
Materials | 6 | % | ||
Technology Hardware & Equipment | 6 | % | ||
Pharmaceuticals, Biotechnology & Life Sciences | 1 | % |
Internet UltraSector ProFund
Investment Objective: The Internet UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half (1.5x) the daily performance of the Dow Jones Internet CompositeSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 81 | % | ||
Swap Agreements | 69 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Alphabet, Inc. | 8.6 | % | ||
Amazon.com, Inc. | 7.6 | % | ||
Meta Platforms, Inc. | 6.4 | % | ||
Cisco Systems, Inc. | 4.2 | % | ||
Salesforce.com, Inc. | 3.9 | % |
Dow Jones Internet CompositeSM Index – Composition
% of Index | ||||
Interactive Media & Services | 27 | % | ||
Software | 20 | % | ||
IT Services | 15 | % | ||
Internet & Direct Marketing Retail | 14 | % | ||
Communications Equipment | 11 | % | ||
Hotels, Restaurants & Leisure | 5 | % | ||
Entertainment | 4 | % | ||
Health Care Technology | 3 | % | ||
Real Estate Management & Development | 1 | % |
Large-Cap Growth ProFund
Investment Objective: The Large-Cap Growth ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P 500® Growth Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 100 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Apple, Inc. | 14.0 | % | ||
Microsoft Corp. | 12.0 | % | ||
Alphabet, Inc. | 8.1 | % | ||
Amazon.com, Inc. | 6.7 | % | ||
Tesla, Inc. | 3.9 | % |
S&P 500® Growth Index – Composition
% of Index | ||||
Information Technology | 46 | % | ||
Consumer Discretionary | 16 | % | ||
Communication Services | 13 | % | ||
Health Care | 10 | % | ||
Financials | 7 | % | ||
Industrials | 3 | % | ||
Real Estate | 2 | % | ||
Consumer Staples | 1 | % | ||
Materials | 1 | % | ||
Energy | 1 | % |
10 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Large-Cap Value ProFund
Investment Objective: The Large-Cap Value ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P 500® Value Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 100 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Berkshire Hathaway, Inc. | 3.1 | % | ||
Johnson & Johnson | 2.4 | % | ||
The Procter & Gamble Co. | 2.1 | % | ||
Exxon Mobil Corp. | 1.7 | % | ||
The Walt Disney Co. | 1.4 | % |
S&P 500® Value Index – Composition
% of Index | ||||
Financials | 16 | % | ||
Health Care | 16 | % | ||
Industrials | 13 | % | ||
Information Technology | 12 | % | ||
Consumer Staples | 11 | % | ||
Consumer Discretionary | 7 | % | ||
Communication Services | 7 | % | ||
Energy | 6 | % | ||
Utilities | 5 | % | ||
Materials | 4 | % | ||
Real Estate | 3 | % |
Mid-Cap Growth ProFund
Investment Objective: The Mid-Cap Growth ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P MidCap 400® Growth Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 100 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Camden Property Trust | 1.5 | % | ||
Targa Resources Corp. | 1.2 | % | ||
Builders FirstSource, Inc. | 1.2 | % | ||
East West Bancorp, Inc. | 1.1 | % | ||
Williams-Sonoma, Inc. | 1.1 | % |
S&P MidCap 400® Growth Index – Composition
% of Index | ||||
Industrials | 20 | % | ||
Information Technology | 18 | % | ||
Consumer Discretionary | 16 | % | ||
Financials | 12 | % | ||
Health Care | 12 | % | ||
Real Estate | 9 | % | ||
Materials | 7 | % | ||
Energy | 2 | % | ||
Communication Services | 2 | % | ||
Consumer Staples | 1 | % | ||
Utilities | 1 | % |
Mid-Cap ProFund
Investment Objective: The Mid-Cap ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P MidCap 400®.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 71 | % | ||
Swap Agreements | 30 | % | ||
Total Exposure | 101 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Molina Healthcare, Inc. | 0.5 | % | ||
Camden Property Trust | 0.5 | % | ||
Medical Properties Trust, Inc. | 0.4 | % | ||
Targa Resources Corp. | 0.4 | % | ||
Fair Isaac Corp. | 0.4 | % |
S&P MidCap 400® – Composition
% of Index | ||||
Industrials | 19 | % | ||
Consumer Discretionary | 15 | % | ||
Financials | 14 | % | ||
Information Technology | 14 | % | ||
Real Estate | 11 | % | ||
Health Care | 9 | % | ||
Materials | 7 | % | ||
Utilities | 4 | % | ||
Consumer Staples | 3 | % | ||
Energy | 2 | % | ||
Communication Services | 2 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 11
Mid-Cap Value ProFund
Investment Objective: The Mid-Cap Value ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P Mid-Cap 400® Value Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 100 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Medical Properties Trust, Inc. | 1.2 | % | ||
Lear Corp. | 0.9 | % | ||
AECOM | 0.9 | % | ||
Reliance Steel & Aluminum Co. | 0.8 | % | ||
UGI Corp. | 0.8 | % |
S&P MidCap 400® Value Index – Composition
% of Index | ||||
Industrials | 20 | % | ||
Financials | 17 | % | ||
Consumer Discretionary | 14 | % | ||
Real Estate | 12 | % | ||
Information Technology | 11 | % | ||
Health Care | 7 | % | ||
Materials | 6 | % | ||
Consumer Staples | 5 | % | ||
Utilities | 5 | % | ||
Energy | 2 | % | ||
Communication Services | 1 | % |
Nasdaq-100 ProFund
Investment Objective: The Nasdaq-100 ProFund seeks investment results, before fees and expenses, that correspond to the performance of the Nasdaq-100® Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 82 | % | ||
Futures Contracts | 1 | % | ||
Swap Agreements | 17 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Apple, Inc. | 10.3 | % | ||
Microsoft Corp. | 8.4 | % | ||
Alphabet, Inc. | 6.0 | % | ||
Amazon.com, Inc. | 5.5 | % | ||
Meta Platforms, Inc. | 4.0 | % |
Nasdaq-100® Index – Composition
% of Index | ||||
Information Technology | 51 | % | ||
Communication Services | 19 | % | ||
Consumer Discretionary | 16 | % | ||
Health Care | 5 | % | ||
Consumer Staples | 5 | % | ||
Industrials | 3 | % | ||
Utilities | 1 | % |
Oil & Gas UltraSector ProFund
Investment Objective: The Oil & Gas UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Oil & GasSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 72 | % | ||
Swap Agreements | 78 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Exxon Mobil Corp. | 16.5 | % | ||
Chevron Corp. | 13.0 | % | ||
ConocoPhillips | 6.0 | % | ||
EOG Resources, Inc. | 3.3 | % | ||
Schlumberger, Ltd. | 2.8 | % |
Dow Jones U.S. Oil & GasSM Index – Composition
% of Index | ||||
Oil, Gas & Consumable Fuels | 90 | % | ||
Energy Equipment & Services | 8 | % | ||
Semiconductors & Semiconductor Equipment | 1 | % | ||
Electric Utilities | 1 | % |
12 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Oil Equipment & Services UltraSector ProFund
Investment Objective: The Oil Equipment & Services UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S Select Oil Equipment & ServicesSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 73 | % | ||
Swap Agreements | 77 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Schlumberger, Ltd. | 17.8 | % | ||
Baker Hughes Co. | 15.2 | % | ||
Halliburton Co. | 3.7 | % | ||
NOV, Inc. | 3.5 | % | ||
Helmerich & Payne, Inc. | 3.3 | % |
Dow Jones U.S. Select Oil Equipment & ServicesSM Index – Composition
% of Index | ||||
Oil & Gas Equipment & Services | 84 | % | ||
Oil & Gas Drilling | 16 | % |
Pharmaceuticals UltraSector ProFund
Investment Objective: The Pharmaceuticals UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. PharmaceuticalsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 77 | % | ||
Swap Agreements | 74 | % | ||
Total Exposure | 151 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Johnson & Johnson | 17.8 | % | ||
Pfizer, Inc. | 16.8 | % | ||
Viatris, Inc. | 4.1 | % | ||
Bristol-Myers Squibb Co. | 3.8 | % | ||
Merck & Co., Inc. | 3.8 | % |
Dow Jones U.S. Select PharmaceuticalsSM Index – Composition
% of Index | ||||
Pharmaceuticals | 98 | % | ||
Biotechnology | 2 | % |
Precious Metals UltraSector ProFund
Investment Objective: The Precious Metals UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones Precious MetalsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 72 | % | ||
Swap Agreements | 79 | % | ||
Total Exposure | 151 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Newmont Corp. | 15.1 | % | ||
Barrick Gold Corp. | 10.5 | % | ||
Franco-Nevada Corp. | 7.8 | % | ||
Wheaton Precious Metals Corp. | 5.6 | % | ||
Agnico Eagle Mines, Ltd. | 3.6 | % |
Dow Jones Precious MetalsSM Index – Composition
% of Index | ||||
Gold | 90 | % | ||
Silver | 5 | % | ||
Precious Metals & Minerals | 5 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 13
Real Estate UltraSector ProFund
Investment Objective: The Real Estate UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Real EstateSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 70 | % | ||
Swap Agreements | 80 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Prologis, Inc. | 5.5 | % | ||
American Tower Corp. | 5.4 | % | ||
Crown Castle International Corp. | 3.7 | % | ||
Equinix, Inc. | �� | 3.1 | % | |
Public Storage | 2.6 | % |
Dow Jones U.S. Real EstateSM Index – Composition
% of Index | ||||
Equity Real Estate Investment Trusts (REITs) | 91 | % | ||
Real Estate Management & Development | 5 | % | ||
Mortgage Real Estate Investment Trusts (REITs) | 2 | % | ||
Professional Services | 2 | % |
Rising Rates Opportunity ProFund
Investment Objective: The Rising Rates Opportunity ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-quarter times the inverse (-1.25x) of the daily movement of the most recently issued 30-year U.S. Treasury Bond for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (125 | )% | ||
Total Exposure | (125 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Rising Rates Opportunity ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Rising Rates Opportunity 10 ProFund
Investment Objective: The Rising Rates Opportunity 10 ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily movement of the most recently issued 10-year U.S. Treasury Note for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (100 | )% | ||
Total Exposure | (100 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Rising Rates Opportunity 10 ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
14 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Rising U.S. Dollar ProFund
Investment Objective: The Rising U.S. Dollar ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the return of the basket of currencies included in the U.S. Dollar Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Forward Currency Contracts | 101 | % | ||
Total Exposure | 101 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
The Rising U.S. Dollar ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
U.S. Dollar Index – Composition
% of Index | ||||
Euro | 57 | % | ||
Japanese yen | 14 | % | ||
British pound | 12 | % | ||
Canadian dollar | 9 | % | ||
Swedish krona | 4 | % | ||
Swiss franc | 4 | % |
Semiconductor UltraSector ProFund
Investment Objective: The Semiconductor UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the return of the Dow Jones U.S. SemiconductorsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 77 | % | ||
Swap Agreements | 73 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
NVIDIA Corp. | 19.6 | % | ||
Broadcom, Inc. | 7.7 | % | ||
Intel Corp. | 6.3 | % | ||
Qualcomm, Inc. | 6.3 | % | ||
Texas Instruments, Inc. | 5.3 | % |
Dow Jones U.S. SemiconductorsSM Index – Composition
% of Index | ||||
Semiconductors & Semiconductor Equipment | 100 | % | ||
Short Nasdaq-100 ProFund
Investment Objective: The Short Nasdaq-100 ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the return of the Nasdaq-100® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (100 | )% | ||
Total Exposure | (100 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Short Nasdaq-100 ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Nasdaq-100® Index – Composition
% of Index | ||||
Information Technology | 51 | % | ||
Communication Services | 19 | % | ||
Consumer Discretionary | 16 | % | ||
Health Care | 5 | % | ||
Consumer Staples | 5 | % | ||
Industrials | 3 | % | ||
Utilities | 1 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 15
Short Oil & Gas ProFund
Investment Objective: The Short Oil & Gas ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the return of the Dow Jones U.S. Oil & GasSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (100 | )% | ||
Total Exposure | (100 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Short Oil & Gas ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Dow Jones U.S. Oil & GasSM Index – Composition
% of Index | ||||
Oil, Gas & Consumable Fuels | 90 | % | ||
Energy Equipment & Services | 8 | % | ||
Semiconductors & Semiconductor Equipment | 1 | % | ||
Electric Utilities | 1 | % |
Short Precious Metals ProFund
Investment Objective: The Short Precious Metals ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the return of the Dow Jones Precious MetalsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (98 | )% | ||
Total Exposure | (98 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Short Precious Metals ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Dow Jones Precious MetalsSM Index – Composition
% of Index | ||||
Gold | 90 | % | ||
Silver | 5 | % | ||
Precious Metals & Minerals | 5 | % |
Short Real Estate ProFund
Investment Objective: The Short Real Estate ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the return of the Dow Jones U.S. Real EstateSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (100 | )% | ||
Total Exposure | (100 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Short Real Estate ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Dow Jones U.S. Real EstateSM Index – Composition
% of Index | ||||
Equity Real Estate Investment Trusts (REITs) | 91 | % | ||
Real Estate Management & Development | 5 | % | ||
Mortgage Real Estate Investment Trusts (REITs) | 2 | % | ||
Professional Services | 2 | % |
16 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
Short Small-Cap ProFund
Investment Objective: The Short Small-Cap ProFund seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the return of the Russell 2000® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Futures Contracts | (9 | )% | ||
Swap Agreements | (92 | )% | ||
Total Exposure | (101 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The Short Small-Cap ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Russell 2000® Index – Composition
% of Index | ||||
Financials | 17 | % | ||
Health Care | 17 | % | ||
Industrials | 15 | % | ||
Information Technology | 14 | % | ||
Consumer Discretionary | 11 | % | ||
Real Estate | 8 | % | ||
Energy | 5 | % | ||
Materials | 4 | % | ||
Consumer Staples | 3 | % | ||
Communication Services | 3 | % | ||
Utilities | 3 | % |
Small-Cap Growth ProFund
Investment Objective: The Small-Cap Growth ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P SmallCap 600® Growth Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 99 | % | ||
Total Exposure | 99 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Omnicell, Inc. | 1.3 | % | ||
PDC Energy, Inc. | 1.2 | % | ||
Vonage Holdings Corp. | 1.1 | % | ||
Rogers Corp. | 1.0 | % | ||
Exponent, Inc. | 1.0 | % |
S&P SmallCap 600® Growth Index – Composition
% of Index | ||||
Information Technology | 20 | % | ||
Financials | 17 | % | ||
Health Care | 14 | % | ||
Industrials | 14 | % | ||
Consumer Discretionary | 12 | % | ||
Real Estate | 7 | % | ||
Energy | 6 | % | ||
Consumer Staples | 5 | % | ||
Materials | 3 | % | ||
Utilities | 1 | % | ||
Communication Services | 1 | % |
Small-Cap ProFund
Investment Objective: The Small-Cap ProFund seeks investment results, before fees and expenses, that correspond to the performance of the Russell 2000® Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 61 | % | ||
Swap Agreements | 39 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Ovintiv, Inc. | 0.2 | % | ||
BJ’s Wholesale Club Holdings, Inc. | 0.2 | % | ||
AMC Entertainment Holdings, Inc. | 0.2 | % | ||
Synaptics, Inc. | 0.2 | % | ||
EastGroup Properties, Inc. | 0.2 | % |
Russell 2000® Index – Composition
% of Index | ||||
Financials | 17 | % | ||
Health Care | 17 | % | ||
Industrials | 15 | % | ||
Information Technology | 14 | % | ||
Consumer Discretionary | 11 | % | ||
Real Estate | 8 | % | ||
Energy | 5 | % | ||
Materials | 4 | % | ||
Consumer Staples | 3 | % | ||
Communication Services | 3 | % | ||
Utilities | 3 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 17
Small-Cap Value ProFund
Investment Objective: The Small-Cap Value ProFund seeks investment results, before fees and expenses, that correspond to the performance of the S&P SmallCap 600® Value Index.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 100 | % | ||
Total Exposure | 100 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
BankUnited, Inc. | 0.7 | % | ||
First Hawaiian, Inc. | 0.7 | % | ||
Resideo Technologies, Inc. | 0.7 | % | ||
American Equity Investment Life Holding Co. | 0.7 | % | ||
Arconic Corp. | 0.6 | % |
S&P SmallCap 600® Value Index – Composition
% of Index | ||||
Financials | 23 | % | ||
Industrials | 18 | % | ||
Consumer Discretionary | 12 | % | ||
Health Care | 9 | % | ||
Real Estate | 9 | % | ||
Information Technology | 8 | % | ||
Materials | 7 | % | ||
Energy | 5 | % | ||
Consumer Staples | 5 | % | ||
Utilities | 2 | % | ||
Communication Services | 2 | % |
Technology UltraSector ProFund
Investment Objective: The Technology UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the return of the Dow Jones U.S. TechnologySM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 71 | % | ||
Swap Agreements | 79 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Apple, Inc. | 14.8 | % | ||
Microsoft Corp. | 12.7 | % | ||
Alphabet, Inc. | 8.5 | % | ||
Meta Platforms, Inc. | 4.0 | % | ||
NVIDIA Corp. | 3.3 | % |
Dow Jones U.S. TechnologySM Index – Composition
% of Index | ||||
Software & Services | 35 | % | ||
Technology Hardware & Equipment | 25 | % | ||
Media & Entertainment | 19 | % | ||
Semiconductors & Semiconductor Equipment | 19 | % | ||
Retailing | 1 | % | ||
Health Care Equipment & Services | 1 | % |
Telecommunications UltraSector ProFund
Investment Objective: The Telecommunications UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the return of the Dow Jones U.S. Select TelecommunicationsSM Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 69 | % | ||
Swap Agreements | 81 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Verizon Communications, Inc. | 16.7 | % | ||
Cisco Systems, Inc. | 15.4 | % | ||
AT&T, Inc. | 3.5 | % | ||
Arista Networks, Inc. | 3.1 | % | ||
T-Mobile U.S., Inc. | 3.0 | % |
Dow Jones U.S. Select TelecommunicationsSM Index – Composition
% of Index | ||||
Communications Equipment | 49 | % | ||
Diversified Telecommunication Services | 42 | % | ||
Wireless Telecommunication Services | 5 | % | ||
Household Durables | 4 | % |
18 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
UltraBear ProFund
Investment Objective: the UltraBear ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the S&P 500® for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (200 | )% | ||
Total Exposure | (200 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraBear ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
S&P 500® – Composition
% of Index | ||||
Information Technology | 28 | % | ||
Health Care | 13 | % | ||
Consumer Discretionary | 12 | % | ||
Financials | 11 | % | ||
Communication Services | 10 | % | ||
Industrials | 8 | % | ||
Consumer Staples | 6 | % | ||
Energy | 3 | % | ||
Real Estate | 3 | % | ||
Utilities | 3 | % | ||
Materials | 3 | % |
UltraBull ProFund
Investment Objective: The UltraBull ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the S&P 500® for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 77 | % | ||
Swap Agreements | 122 | % | ||
Total Exposure | 199 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Apple, Inc. | 5.5 | % | ||
Microsoft Corp. | 4.7 | % | ||
Alphabet, Inc. | 3.2 | % | ||
Amazon.com, Inc. | 2.6 | % | ||
Tesla, Inc. | 1.5 | % |
S&P 500® – Composition
% of Index | ||||
Information Technology | 28 | % | ||
Health Care | 13 | % | ||
Consumer Discretionary | 12 | % | ||
Financials | 11 | % | ||
Communication Services | 10 | % | ||
Industrials | 8 | % | ||
Consumer Staples | 6 | % | ||
Energy | 3 | % | ||
Real Estate | 3 | % | ||
Utilities | 3 | % | ||
Materials | 3 | % |
UltraChina ProFund
Investment Objective: The UltraChina ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the S&P/BNY Mellon China Select ADR Index (USD) for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 83 | % | ||
Swap Agreements | 119 | % | ||
Total Exposure | 202 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Alibaba Group Holding, Ltd. | 17.9 | % | ||
JD.com, Inc. | 9.8 | % | ||
Baidu, Inc. | 6.6 | % | ||
NetEase, Inc. | 5.6 | % | ||
Pinduoduo, Inc. | 3.8 | % |
S&P/BNY Mellon China Select ADR Index (USD) – Composition
Industry Breakdown | % of Index | |||
Consumer Discretionary | 49 | % | ||
Communication Services | 21 | % | ||
Energy | 7 | % | ||
Health Care | 5 | % | ||
Financials | 5 | % | ||
Industrials | 4 | % | ||
Information Technology | 4 | % | ||
Real Estate | 3 | % | ||
Materials | 1 | % | ||
Utilities | 1 | % |
Country Composition | ||||
China | 99 | % | ||
Singapore | 1 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 19
UltraDow 30 ProFund
Investment Objective: The UltraDow 30 ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the Dow Jones Industrial Average® for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 74 | % | ||
Futures Contracts | 7 | % | ||
Swap Agreements | 119 | % | ||
Total Exposure | 200 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
UnitedHealth Group, Inc. | 6.6 | % | ||
The Home Depot, Inc. | 5.1 | % | ||
The Goldman Sachs Group, Inc. | 4.9 | % | ||
Microsoft Corp. | 4.3 | % | ||
McDonald’s Corp. | 3.6 | % |
Dow Jones Industrial Average® – Composition
% of Index | ||||
Information Technology | 22 | % | ||
Health Care | 18 | % | ||
Financials | 16 | % | ||
Consumer Discretionary | 15 | % | ||
Industrials | 14 | % | ||
Consumer Staples | 8 | % | ||
Communication Services | 4 | % | ||
Energy | 2 | % | ||
Materials | 1 | % |
UltraEmerging Markets ProFund
Investment Objective: The UltraEmerging Markets ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the S&P/BNY Mellon Emerging Markets 50 ADR Index (USD) for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 84 | % | ||
Swap Agreements | 117 | % | ||
Total Exposure | 201 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Taiwan Semiconductor Manufacturing Co., Ltd. | 16.9 | % | ||
Alibaba Group Holding, Ltd. | 11.9 | % | ||
HDFC Bank, Ltd. | 4.8 | % | ||
Infosys Technologies, Ltd. | 4.4 | % | ||
JD.com, Inc. | 3.6 | % |
S&P/BNY Mellon Emerging 50 ADR Index (USD) – Composition
Industry Breakdown | % of Index | |||
Information Technology | 28 | % | ||
Consumer Discretionary | 25 | % | ||
Financials | 16 | % | ||
Communication Services | 10 | % | ||
Materials | 10 | % | ||
Energy | 5 | % | ||
Consumer Staples | 2 | % | ||
Health Care | 2 | % | ||
Industrials | 1 | % | ||
Real Estate | 1 | % |
Country Composition | ||||
China | 35 | % | ||
Taiwan | 24 | % | ||
India | 17 | % | ||
Brazil | 13 | % | ||
Other | 11 | % |
UltraInternational ProFund
Investment Objective: The UltraInternational ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the Morgan Stanley Capital International Europe, Australasia and Far East (“MSCI EAFE®”) Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | 200 | % | ||
Total Exposure | 200 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraInternational ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
MSCI EAFE® Index – Composition
Industry Breakdown | % of Index | |||
Financials | 18 | % | ||
Industrials | 15 | % | ||
Consumer Discretionary | 13 | % | ||
Health Care | 12 | % | ||
Consumer Staples | 10 | % | ||
Information Technology | 9 | % | ||
Materials | 8 | % | ||
Communication Services | 5 | % | ||
Energy | 4 | % | ||
Utilities | 3 | % | ||
Real Estate | 3 | % |
Country Composition | ||||
Japan | 22 | % | ||
United Kingdom | 15 | % | ||
France | 11 | % | ||
Switzerland | 11 | % | ||
Germany | 9 | % | ||
Other | 32 | % |
20 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
UltraJapan ProFund
Investment Objective: The UltraJapan ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the Nikkei 225 Stock Average for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Futures Contracts | 198 | % | ||
Swap Agreements | 2 | % | ||
Total Exposure | 200 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraJapan ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Nikkei 225 Stock Average – Composition
% of Index | ||||
Information Technology | 22 | % | ||
Consumer Discretionary | 20 | % | ||
Industrials | 19 | % | ||
Health Care | 12 | % | ||
Communication Services | 10 | % | ||
Materials | 6 | % | ||
Consumer Staples | 6 | % | ||
Financials | 3 | % | ||
Real Estate | 2 | % |
UltraLatin America ProFund
Investment Objective: The UltraLatin America ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the S&P/BNY Mellon Latin America 35 ADR Index (USD) for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 82 | % | ||
Swap Agreements | 118 | % | ||
Total Exposure | 200 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Vale S.A. | 13.5 | % | ||
Petroleo Brasileiro S.A. | 11.3 | % | ||
Itau Unibanco Holding S.A. | 4.9 | % | ||
America Movil S.A.B. de C.V. | 4.7 | % | ||
Banco Bradesco S.A. | 4.5 | % |
S&P/BNY Mellon Latin America 35 ADR Index (USD) – Composition
Industry Breakdown | % of Index | |||
Materials | 34 | % | ||
Financials | 17 | % | ||
Energy | 16 | % | ||
Consumer Staples | 13 | % | ||
Communication Services | 11 | % | ||
Industrials | 5 | % | ||
Utilities | 4 | % |
Country Composition | ||||
Brazil | 66 | % | ||
Mexico | 21 | % | ||
Chile | 8 | % | ||
Other | 5 | % |
UltraMid-Cap ProFund
Investment Objective: The UltraMid-Cap ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the S&P MidCap 400® for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 79 | % | ||
Swap Agreements | 121 | % | ||
Total Exposure | 200 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
Largest Equity Holdings
Company | % of Net Assets | |||
Molina Healthcare, Inc. | 0.6 | % | ||
Camden Property Trust | 0.6 | % | ||
Fair Isaac Corp. | 0.5 | % | ||
Medical Properties Trust, Inc. | 0.5 | % | ||
Targa Resources Corp. | 0.5 | % |
S&P MidCap 400® – Composition
% of Index | ||||
Industrials | 19 | % | ||
Consumer Discretionary | 15 | % | ||
Financials | 14 | % | ||
Information Technology | 14 | % | ||
Real Estate | 11 | % | ||
Health Care | 9 | % | ||
Materials | 7 | % | ||
Utilities | 4 | % | ||
Consumer Staples | 3 | % | ||
Energy | 2 | % | ||
Communication Services | 2 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 21
UltraNasdaq-100 ProFund
Investment Objective: The UltraNasdaq-100 ProFund seeks daily investment results, before fees and expenses, that correspond to twice (2x) of the return of the Nasdaq-100® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 77 | % | ||
Futures Contracts | – | %(a) | ||
Swap Agreements | 123 | % | ||
Total Exposure | 200 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management or collateral for securities loaned.
(a) Amount is less than 0.5%.
Largest Equity Holdings
Company | % of Net Assets | |||
Apple, Inc. | 9.6 | % | ||
Microsoft Corp. | 7.8 | % | ||
Alphabet, Inc. | 5.6 | % | ||
Amazon.com, Inc. | 5.1 | % | ||
Meta Platforms, Inc. | 3.7 | % |
Nasdaq-100® Index – Composition
% of Index | ||||
Information Technology | 51 | % | ||
Communication Services | 19 | % | ||
Consumer Discretionary | 16 | % | ||
Health Care | 5 | % | ||
Consumer Staples | 5 | % | ||
Industrials | 3 | % | ||
Utilities | 1 | % |
UltraShort China ProFund
Investment Objective: The UltraShort China ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the S&P/BNY Mellon China Select ADR Index (USD) for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (195 | )% | ||
Total Exposure | (195 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort China ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
S&P/BNY Mellon China Select ADR Index (USD) – Composition
Industry Breakdown | % of Index | |||
Consumer Discretionary | 49 | % | ||
Communication Services | 21 | % | ||
Energy | 7 | % | ||
Health Care | 5 | % | ||
Financials | 5 | % | ||
Industrials | 4 | % | ||
Information Technology | 4 | % | ||
Real Estate | 3 | % | ||
Materials | 1 | % | ||
Utilities | 1 | % |
Country Composition | ||||
China | 99 | % | ||
Singapore | 1 | % |
UltraShort Dow 30 ProFund
Investment Objective: The UltraShort Dow 30 ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the Dow Jones Industrial Average® for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (198 | )% | ||
Total Exposure | (198 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Dow 30 ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Dow Jones Industrial Average® – Composition
% of Index | ||||
Information Technology | 22 | % | ||
Health Care | 18 | % | ||
Financials | 16 | % | ||
Consumer Discretionary | 15 | % | ||
Industrials | 14 | % | ||
Consumer Staples | 8 | % | ||
Communication Services | 4 | % | ||
Energy | 2 | % | ||
Materials | 1 | % |
22 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
UltraShort Emerging Markets ProFund
Investment Objective: The UltraShort Emerging Markets ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the S&P/BNY Mellon Emerging Markets 50 ADR Index (USD) for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (200 | )% | ||
Total Exposure | (200 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Emerging Markets ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
S&P/BNY Mellon Emerging 50 ADR Index (USD) – Composition
Industry Breakdown | % of Index | |||
Information Technology | 28 | % | ||
Consumer Discretionary | 25 | % | ||
Financials | 16 | % | ||
Communication Services | 10 | % | ||
Materials | 10 | % | ||
Energy | 5 | % | ||
Consumer Staples | 2 | % | ||
Health Care | 2 | % | ||
Industrials | 1 | % | ||
Real Estate | 1 | % |
Country Composition | ||||
China | 35 | % | ||
Taiwan | 24 | % | ||
India | 17 | % | ||
Brazil | 13 | % | ||
Other | 11 | % |
UltraShort International ProFund
Investment Objective: The UltraShort International ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the Morgan Stanley Capital International Europe, Australasia and Far East (“MSCI EAFE®”) Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (200 | )% | ||
Total Exposure | (200 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort International ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
MSCI EAFE® Index – Composition
Industry Breakdown | % of Index | |||
Financials | 18 | % | ||
Industrials | 15 | % | ||
Consumer Discretionary | 13 | % | ||
Health Care | 12 | % | ||
Consumer Staples | 10 | % | ||
Information Technology | 9 | % | ||
Materials | 8 | % | ||
Communication Services | 5 | % | ||
Energy | 4 | % | ||
Utilities | 3 | % | ||
Real Estate | 3 | % |
Country Composition | ||||
Japan | 22 | % | ||
United Kingdom | 15 | % | ||
France | 11 | % | ||
Switzerland | 11 | % | ||
Germany | 9 | % | ||
Other | 32 | % |
UltraShort Japan ProFund
Investment Objective: The UltraShort Japan ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the Nikkei 225 Stock Average for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Futures Contracts | (90 | )% | ||
Swap Agreements | (111 | )% | ||
Total Exposure | (201 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Japan ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Nikkei 225 Stock Average – Composition
% of Index | ||||
Information Technology | 22 | % | ||
Consumer Discretionary | 20 | % | ||
Industrials | 19 | % | ||
Health Care | 12 | % | ||
Communication Services | 10 | % | ||
Materials | 6 | % | ||
Consumer Staples | 6 | % | ||
Financials | 3 | % | ||
Real Estate | 2 | % |
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 23
UltraShort Latin America ProFund
Investment Objective: The UltraShort Latin America ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the S&P/BNY Mellon Latin America 35 ADR Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (200 | )% | ||
Total Exposure | (200 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Latin America ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
S&P/BNY Mellon Latin America 35 ADR Index (USD) – Composition
Industry Breakdown | % of Index | |||
Materials | 34 | % | ||
Financials | 17 | % | ||
Energy | 16 | % | ||
Consumer Staples | 13 | % | ||
Communication Services | 11 | % | ||
Industrials | 5 | % | ||
Utilities | 4 | % |
Country Composition | ||||
Brazil | 66 | % | ||
Mexico | 21 | % | ||
Chile | 8 | % | ||
Other | 5 | % |
UltraShort Mid-Cap ProFund
Investment Objective: the UltraShort Mid-Cap ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the S&P MidCap 400® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (201 | )% | ||
Total Exposure | (201 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Mid-Cap ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
S&P MidCap 400® – Composition
% of Index | ||||
Industrials | 19 | % | ||
Consumer Discretionary | 15 | % | ||
Financials | 14 | % | ||
Information Technology | 14 | % | ||
Real Estate | 11 | % | ||
Health Care | 9 | % | ||
Materials | 7 | % | ||
Utilities | 4 | % | ||
Consumer Staples | 3 | % | ||
Energy | 2 | % | ||
Communication Services | 2 | % |
UltraShort Nasdaq-100 ProFund
Investment Objective: The UltraShort Nasdaq-100 ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the Nasdaq-100® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | (200 | )% | ||
Total Exposure | (200 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Nasdaq-100 ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Nasdaq-100® Index – Composition
% of Index | ||||
Information Technology | 51 | % | ||
Communication Services | 19 | % | ||
Consumer Discretionary | 16 | % | ||
Health Care | 5 | % | ||
Consumer Staples | 5 | % | ||
Industrials | 3 | % | ||
Utilities | 1 | % |
24 :: Allocation of Portfolio Holdings and Index Composition (unaudited)
UltraShort Small-Cap ProFund
Investment Objective: The UltraShort Small-Cap ProFund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the return of the Russell 2000® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Futures Contracts | (13 | )% | ||
Swap Agreements | (187 | )% | ||
Total Exposure | (200 | )% |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The UltraShort Small-Cap ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Russell 2000® Index – Composition
% of Index | ||||
Financials | 17 | % | ||
Health Care | 17 | % | ||
Industrials | 15 | % | ||
Information Technology | 14 | % | ||
Consumer Discretionary | 11 | % | ||
Real Estate | 8 | % | ||
Energy | 5 | % | ||
Materials | 4 | % | ||
Consumer Staples | 3 | % | ||
Communication Services | 3 | % | ||
Utilities | 3 | % |
UltraSmall-Cap ProFund
Investment Objective: The UltraSmall-Cap ProFund seeks daily investment results, before fees and expenses, that correspond to two times (2x) of the return of the Russell 2000® Index for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 81 | % | ||
Futures Contracts | 3 | % | ||
Swap Agreements | 115 | % | ||
Total Exposure | 199 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
Ovintiv, Inc. | 0.3 | % | ||
BJ’s Wholesale Club Holdings, Inc. | 0.3 | % | ||
AMC Entertainment Holdings, Inc. | 0.3 | % | ||
Synaptics, Inc. | 0.2 | % | ||
EastGroup Properties, Inc. | 0.2 | % |
Russell 2000® Index – Composition
% of Index | ||||
Financials | 17 | % | ||
Health Care | 17 | % | ||
Industrials | 15 | % | ||
Information Technology | 14 | % | ||
Consumer Discretionary | 11 | % | ||
Real Estate | 8 | % | ||
Energy | 5 | % | ||
Materials | 4 | % | ||
Consumer Staples | 3 | % | ||
Communication Services | 3 | % | ||
Utilities | 3 | % |
U.S. Government Plus ProFund
Investment Objective: The U.S. Government Plus ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-quarter times (1.25x) of the daily movement of the most recently issued 30-year U.S. Treasury Bond for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Swap Agreements | 124 | % | ||
Total Exposure | 124 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Holdings
The U.S. Government Plus ProFund primarily invests in non-equity securities, which may include: swap agreements, futures contracts, options, forward contracts, repurchase agreements and U.S. Government securities.
Allocation of Portfolio Holdings and Index Composition (unaudited) :: 25
Utilities UltraSector ProFund
Investment Objective: The Utilities UltraSector ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) of the return of the Dow Jones U.S. UtilitiesSM Index (the “Index”) for a single day, not for any other period. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.
Market Exposure
Investment Type | % of Net Assets | |||
Equity Securities | 76 | % | ||
Swap Agreements | 74 | % | ||
Total Exposure | 150 | % |
“Market Exposure” includes the value of total investments (including the contract value of any derivatives) and excludes any instruments used for cash management.
Largest Equity Holdings
Company | % of Net Assets | |||
NextEra Energy, Inc. | 10.7 | % | ||
Duke Energy Corp. | 5.7 | % | ||
The Southern Co. | 5.1 | % | ||
Dominion Energy, Inc. | 4.6 | % | ||
Exelon Corp. | 4.0 | % |
Dow Jones U.S. UtilitiesSM Index – Composition
% of Index | ||||
Electric Utilities | 60 | % | ||
Multi-Utilities | 29 | % | ||
Gas Utilities | 4 | % | ||
Water Utilities | 4 | % | ||
Independent Power and Renewable Electricity Producers | 3 | % |
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Expense Examples
28 :: Expense Examples (unaudited)
As a ProFund shareholder, you may incur two types of costs: (1) transaction costs, including wire redemption fees; and (2) ongoing costs, including management fees; distribution and services (12b-1) fees; and other ProFund expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in a ProFund and to compare these costs with the ongoing cost of investing in other mutual funds. Please note that the expenses shown in the table below are meant to highlight your ongoing costs only and do not reflect any transactional costs. If these transactional costs were included, your costs would have been higher. Therefore, the examples are useful in comparing ongoing costs only and will not help you determine the relative total cost of owning different funds.
Actual Expenses
The actual examples are based on an investment of $1,000 invested at the beginning of a six-month period and held throughout the period ended January 31, 2022.
The columns below under the heading entitled “Actual” provide information about actual account values and actual expenses. You may use this information, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Actual Expenses Paid During Period” to estimate the expenses you paid on your account during this period.
Hypothetical Expenses for Comparison Purpose
The hypothetical expense examples are based on an investment of $1,000 invested at the beginning of a six-month period and held throughout the period ended January 31, 2022.
The columns below under the heading entitled “Hypothetical” provide information about hypothetical account values and hypothetical expenses based on each ProFund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not each ProFund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in your ProFund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.
Actual | Hypothetical (5% return before expenses) | |||||||||||||||||||||||
Annualized Expense Ratio During Period | Beginning Account Value 8/1/21 | Ending Account Value 1/31/22 | Expenses Paid During Period* | Ending Account Value 1/31/22 | Expenses Paid During Period* | |||||||||||||||||||
Access Flex Bear High Yield ProFund – Investor | 1.78 | % | $ | 1,000.00 | $ | 1,015.40 | $ | 9.04 | $ | 1,016.23 | $ | 9.05 | ||||||||||||
Access Flex Bear High Yield ProFund – Service | 2.78 | % | 1,000.00 | 1,008.90 | 14.08 | 1,011.19 | 14.09 | |||||||||||||||||
Access Flex High Yield ProFund – Investor | 1.78 | % | 1,000.00 | 967.60 | 8.83 | 1,016.23 | 9.05 | |||||||||||||||||
Access Flex High Yield ProFund – Service | 2.78 | % | 1,000.00 | 962.30 | 13.75 | 1,011.19 | 14.09 | |||||||||||||||||
Banks UltraSector ProFund – Investor | 1.62 | % | 1,000.00 | 1,133.80 | 8.71 | 1,017.04 | 8.24 | |||||||||||||||||
Banks UltraSector ProFund – Service | 2.62 | % | 1,000.00 | 1,127.90 | 14.05 | 1,012.00 | 13.29 | |||||||||||||||||
Basic Materials UltraSector ProFund – Investor | 1.83 | % | 1,000.00 | 990.90 | 9.18 | 1,015.98 | 9.30 | |||||||||||||||||
Basic Materials UltraSector ProFund – Service | 2.83 | % | 1,000.00 | 986.10 | 14.17 | 1,010.94 | 14.34 | |||||||||||||||||
Bear ProFund – Investor | 1.66 | % | 1,000.00 | 951.90 | 8.17 | 1,016.84 | 8.44 | |||||||||||||||||
Bear ProFund – Service | 2.66 | % | 1,000.00 | 947.10 | 13.05 | 1,011.80 | 13.49 | |||||||||||||||||
Biotechnology UltraSector ProFund – Investor | 1.45 | % | 1,000.00 | 834.40 | 6.70 | 1,017.90 | 7.38 | |||||||||||||||||
Biotechnology UltraSector ProFund – Service | 2.45 | % | 1,000.00 | 830.00 | 11.30 | 1,012.85 | 12.43 | |||||||||||||||||
Bitcoin Strategy ProFund – Investor | 1.16 | % | 1,000.00 | 927.50 | 5.64 | 1,019.36 | 5.90 | |||||||||||||||||
Bull ProFund – Investor | 1.42 | % | 1,000.00 | 1,025.90 | 7.25 | 1,018.05 | 7.22 | |||||||||||||||||
Bull ProFund – Service | 2.42 | % | 1,000.00 | 1,020.20 | 12.32 | 1,013.01 | 12.28 | |||||||||||||||||
Communication Services UltraSector ProFund – Investor | 1.78 | % | 1,000.00 | 841.40 | 8.26 | 1,016.23 | 9.05 | |||||||||||||||||
Communication Services UltraSector ProFund – Service | 2.78 | % | 1,000.00 | 837.20 | 12.87 | 1,011.19 | 14.09 |
Expense Examples (unaudited) :: 29
Actual | Hypothetical (5% return before expenses) | |||||||||||||||||||||||
Annualized Expense Ratio During Period | Beginning Account Value 8/1/21 | Ending Account Value 1/31/22 | Expenses Paid During Period* | Ending Account Value 1/31/22 | Expenses Paid During Period* | |||||||||||||||||||
Consumer Goods UltraSector ProFund – Investor | 1.76 | % | $ | 1,000.00 | $ | 1,085.30 | $ | 9.25 | $ | 1,016.33 | $ | 8.94 | ||||||||||||
Consumer Goods UltraSector ProFund – Service | 2.76 | % | 1,000.00 | 1,080.00 | 14.47 | 1,011.29 | 13.99 | |||||||||||||||||
Consumer Services UltraSector ProFund – Investor | 1.50 | % | 1,000.00 | 887.80 | 7.14 | 1,017.64 | 7.63 | |||||||||||||||||
Consumer Services UltraSector ProFund – Service | 2.50 | % | 1,000.00 | 883.30 | 11.87 | 1,012.60 | 12.68 | |||||||||||||||||
Europe 30 ProFund – Investor | 1.78 | % | 1,000.00 | 1,035.00 | 9.13 | 1,016.23 | 9.05 | |||||||||||||||||
Europe 30 ProFund – Service | 2.78 | % | 1,000.00 | 1,030.70 | 14.23 | 1,011.19 | 14.09 | |||||||||||||||||
Falling U.S. Dollar ProFund – Investor | 1.78 | % | 1,000.00 | 942.70 | 8.72 | 1,016.23 | 9.05 | |||||||||||||||||
Falling U.S. Dollar ProFund – Service | 2.78 | % | 1,000.00 | 936.90 | 13.57 | 1,011.19 | 14.09 | |||||||||||||||||
Financials UltraSector ProFund – Investor | 1.69 | % | 1,000.00 | 1,063.20 | 8.79 | 1,016.69 | 8.59 | |||||||||||||||||
Financials UltraSector ProFund – Service | 2.69 | % | 1,000.00 | 1,058.40 | 13.96 | 1,011.64 | 13.64 | |||||||||||||||||
Health Care UltraSector ProFund – Investor | 1.54 | % | 1,000.00 | 951.20 | 7.57 | 1,017.44 | 7.83 | |||||||||||||||||
Health Care UltraSector ProFund – Service | 2.54 | % | 1,000.00 | 946.40 | 12.46 | 1,012.40 | 12.88 | |||||||||||||||||
Industrials UltraSector ProFund – Investor | 1.74 | % | 1,000.00 | 907.60 | 8.37 | 1,016.43 | 8.84 | |||||||||||||||||
Industrials UltraSector ProFund – Service | 2.74 | % | 1,000.00 | 902.90 | 13.14 | 1,011.39 | 13.89 | |||||||||||||||||
Internet UltraSector ProFund – Investor | 1.43 | % | 1,000.00 | 731.70 | 6.24 | 1,018.00 | 7.27 | |||||||||||||||||
Internet UltraSector ProFund – Service | 2.43 | % | 1,000.00 | 728.00 | 10.58 | 1,012.96 | 12.33 | |||||||||||||||||
Large-Cap Growth ProFund – Investor | 1.44 | % | 1,000.00 | 1,011.40 | 7.30 | 1,017.95 | 7.32 | |||||||||||||||||
Large-Cap Growth ProFund – Service | 2.43 | % | 1,000.00 | 1,006.40 | 12.29 | 1,012.96 | 12.33 | |||||||||||||||||
Large-Cap Value ProFund – Investor | 1.83 | % | 1,000.00 | 1,038.70 | 9.40 | 1,015.98 | 9.30 | |||||||||||||||||
Large-Cap Value ProFund – Service | 2.83 | % | 1,000.00 | 1,033.60 | 14.51 | 1,010.94 | 14.34 | |||||||||||||||||
Mid-Cap Growth ProFund – Investor | 2.10 | % | 1,000.00 | 929.70 | 10.21 | 1,014.62 | 10.66 | |||||||||||||||||
Mid-Cap Growth ProFund – Service | 3.10 | % | 1,000.00 | 925.00 | 15.04 | 1,009.58 | 15.70 | |||||||||||||||||
Mid-Cap ProFund – Investor | 1.85 | % | 1,000.00 | 970.70 | 9.19 | 1,015.88 | 9.40 | |||||||||||||||||
Mid-Cap ProFund – Service | 2.85 | % | 1,000.00 | 965.80 | 14.12 | 1,010.84 | 14.44 | |||||||||||||||||
Mid-Cap Value ProFund – Investor | 1.78 | % | 1,000.00 | 1,013.30 | 9.03 | 1,016.23 | 9.05 | |||||||||||||||||
Mid-Cap Value ProFund – Service | 2.78 | % | 1,000.00 | 1,008.20 | 14.07 | 1,011.19 | 14.09 | |||||||||||||||||
Nasdaq-100 ProFund – Investor | 1.41 | % | 1,000.00 | 989.60 | 7.07 | 1,018.10 | 7.17 | |||||||||||||||||
Nasdaq-100 ProFund – Service | 2.41 | % | 1,000.00 | 984.60 | 12.06 | 1,013.06 | 12.23 | |||||||||||||||||
Oil & Gas UltraSector ProFund – Investor | 1.53 | % | 1,000.00 | 1,542.50 | 9.80 | 1,017.49 | 7.78 | |||||||||||||||||
Oil & Gas UltraSector ProFund – Service | 2.53 | % | 1,000.00 | 1,534.50 | 16.16 | 1,012.45 | 12.83 | |||||||||||||||||
Oil Equipment & Services UltraSector ProFund – Investor | 1.65 | % | 1,000.00 | 1,211.50 | 9.20 | 1,016.89 | 8.39 | |||||||||||||||||
Oil Equipment & Services UltraSector ProFund – Service | 2.65 | % | 1,000.00 | 1,205.40 | 14.73 | 1,011.85 | 13.44 | |||||||||||||||||
Pharmaceuticals UltraSector ProFund – Investor | 1.78 | % | 1,000.00 | 989.70 | 8.93 | 1,016.23 | 9.05 | |||||||||||||||||
Pharmaceuticals UltraSector ProFund – Service | 2.78 | % | 1,000.00 | 984.70 | 13.91 | 1,011.19 | 14.09 | |||||||||||||||||
Precious Metals UltraSector ProFund – Investor | 1.50 | % | 1,000.00 | 819.70 | 6.88 | 1,017.64 | 7.63 |
30 :: Expense Examples (unaudited)
Actual | Hypothetical (5% return before expenses) | |||||||||||||||||||||||
Annualized Expense Ratio During Period | Beginning Account Value 8/1/21 | Ending Account Value 1/31/22 | Expenses Paid During Period* | Ending Account Value 1/31/22 | Expenses Paid During Period* | |||||||||||||||||||
Precious Metals UltraSector ProFund – Service | 2.50 | % | $ | 1,000.00 | $ | 815.40 | $ | 11.44 | $ | 1,012.60 | $ | 12.68 | ||||||||||||
Real Estate UltraSector ProFund – Investor | 1.59 | % | 1,000.00 | 1,006.10 | 8.04 | 1,017.19 | 8.08 | |||||||||||||||||
Real Estate UltraSector ProFund – Service | 2.59 | % | 1,000.00 | 1,001.10 | 13.06 | 1,012.15 | 13.14 | |||||||||||||||||
Rising Rates Opportunity ProFund – Investor | 1.60 | % | 1,000.00 | 1,018.60 | 8.14 | 1,017.14 | 8.13 | |||||||||||||||||
Rising Rates Opportunity ProFund – Service | 2.60 | % | 1,000.00 | 1,013.50 | 13.20 | 1,012.10 | 13.19 | |||||||||||||||||
Rising Rates Opportunity 10 ProFund – Investor | 1.78 | % | 1,000.00 | 1,029.20 | 9.10 | 1,016.23 | 9.05 | |||||||||||||||||
Rising Rates Opportunity 10 ProFund – Service | 2.78 | % | 1,000.00 | 1,023.80 | 14.18 | 1,011.19 | 14.09 | |||||||||||||||||
Rising U.S. Dollar ProFund – Investor | 1.78 | % | 1,000.00 | 1,040.50 | 9.15 | 1,016.23 | 9.05 | |||||||||||||||||
Rising U.S. Dollar ProFund – Service | 2.78 | % | 1,000.00 | 1,035.30 | 14.26 | 1,011.19 | 14.09 | |||||||||||||||||
Semiconductor UltraSector ProFund – Investor | 1.44 | % | 1,000.00 | 1,098.80 | 7.62 | 1,017.95 | 7.32 | |||||||||||||||||
Semiconductor UltraSector ProFund – Service | 2.44 | % | 1,000.00 | 1,093.30 | 12.87 | 1,012.91 | 12.38 | |||||||||||||||||
Short Nasdaq-100 ProFund – Investor | 1.78 | % | 1,000.00 | 958.70 | 8.79 | 1,016.23 | 9.05 | |||||||||||||||||
Short Nasdaq-100 ProFund – Service | 2.78 | % | 1,000.00 | 953.50 | 13.69 | 1,011.19 | 14.09 | |||||||||||||||||
Short Oil & Gas ProFund – Investor | 1.78 | % | 1,000.00 | 703.80 | 7.64 | 1,016.23 | 9.05 | |||||||||||||||||
Short Oil & Gas ProFund – Service | 2.78 | % | 1,000.00 | 700.00 | 11.91 | 1,011.19 | 14.09 | |||||||||||||||||
Short Precious Metals ProFund – Investor | 1.78 | % | 1,000.00 | 1,066.10 | 9.27 | 1,016.23 | 9.05 | |||||||||||||||||
Short Precious Metals ProFund – Service | 2.78 | % | 1,000.00 | 1,059.60 | 14.43 | 1,011.19 | 14.09 | |||||||||||||||||
Short Real Estate ProFund – Investor | 1.78 | % | 1,000.00 | 967.00 | 8.83 | 1,016.23 | 9.05 | |||||||||||||||||
Short Real Estate ProFund – Service | 2.78 | % | 1,000.00 | 962.40 | 13.75 | 1,011.19 | 14.09 | |||||||||||||||||
Short Small-Cap ProFund – Investor | 1.78 | % | 1,000.00 | 1,050.40 | 9.20 | 1,016.23 | 9.05 | |||||||||||||||||
Short Small-Cap ProFund – Service | 2.78 | % | 1,000.00 | 1,042.50 | 14.31 | 1,011.19 | 14.09 | |||||||||||||||||
Small-Cap Growth ProFund – Investor | 1.88 | % | 1,000.00 | 937.70 | 9.18 | 1,015.73 | 9.55 | |||||||||||||||||
Small-Cap Growth ProFund – Service | 2.88 | % | 1,000.00 | 933.00 | 14.03 | 1,010.69 | 14.60 | |||||||||||||||||
Small-Cap ProFund – Investor | 1.78 | % | 1,000.00 | 906.10 | 8.55 | 1,016.23 | 9.05 | |||||||||||||||||
Small-Cap ProFund – Service | 2.78 | % | 1,000.00 | 901.40 | 13.32 | 1,011.19 | 14.09 | |||||||||||||||||
Small-Cap Value ProFund – Investor | 1.64 | % | 1,000.00 | 994.90 | 8.25 | 1,016.94 | 8.34 | |||||||||||||||||
Small-Cap Value ProFund – Service | 2.64 | % | 1,000.00 | 989.80 | 13.24 | 1,011.90 | 13.39 | |||||||||||||||||
Technology UltraSector ProFund – Investor | 1.43 | % | 1,000.00 | 1,022.50 | 7.29 | 1,018.00 | 7.27 | |||||||||||||||||
Technology UltraSector ProFund – Service | 2.43 | % | 1,000.00 | 1,017.20 | 12.36 | 1,012.96 | 12.33 | |||||||||||||||||
Telecommunications UltraSector ProFund – Investor | 1.78 | % | 1,000.00 | 973.60 | 8.85 | 1,016.23 | 9.05 | |||||||||||||||||
Telecommunications UltraSector ProFund – Service | 2.78 | % | 1,000.00 | 968.90 | 13.80 | 1,011.19 | 14.09 | |||||||||||||||||
UltraBear ProFund – Investor | 1.78 | % | 1,000.00 | 900.60 | 8.53 | 1,016.23 | 9.05 | |||||||||||||||||
UltraBear ProFund – Service | 2.78 | % | 1,000.00 | 895.30 | 13.28 | 1,011.19 | 14.09 | |||||||||||||||||
UltraBull ProFund – Investor | 1.41 | % | 1,000.00 | 1,047.00 | 7.27 | 1,018.10 | 7.17 | |||||||||||||||||
UltraBull ProFund – Service | 2.41 | % | 1,000.00 | 1,041.60 | 12.40 | 1,013.06 | 12.23 | |||||||||||||||||
UltraChina ProFund – Investor | 1.67 | % | 1,000.00 | 543.20 | 6.50 | 1,016.79 | 8.49 | |||||||||||||||||
UltraChina ProFund – Service | 2.67 | % | 1,000.00 | 541.00 | 10.37 | 1,011.75 | 13.54 | |||||||||||||||||
UltraDow 30 ProFund – Investor | 1.47 | % | 1,000.00 | 1,009.40 | 7.45 | 1,017.80 | 7.48 | |||||||||||||||||
UltraDow 30 ProFund – Service | 2.47 | % | 1,000.00 | 1,004.30 | 12.48 | 1,012.75 | 12.53 | |||||||||||||||||
UltraEmerging Markets ProFund – Investor | 1.88 | % | 1,000.00 | 787.50 | 8.47 | 1,015.73 | 9.55 |
Expense Examples (unaudited) :: 31
Actual | Hypothetical (5% return before expenses) | |||||||||||||||||||||||
Annualized Expense Ratio During Period | Beginning Account Value 8/1/21 | Ending Account Value 1/31/22 | Expenses Paid During Period* | Ending Account Value 1/31/22 | Expenses Paid During Period* | |||||||||||||||||||
UltraEmerging Markets ProFund – Service | 2.88 | % | $ | 1,000.00 | $ | 783.50 | $ | 12.95 | $ | 1,010.69 | $ | 14.60 | ||||||||||||
UltraInternational ProFund – Investor | 1.78 | % | 1,000.00 | 921.90 | 8.62 | 1,016.23 | 9.05 | |||||||||||||||||
UltraInternational ProFund – Service | 2.78 | % | 1,000.00 | 916.90 | 13.43 | 1,011.19 | 14.09 | |||||||||||||||||
UltraJapan ProFund – Investor | 1.77 | % | 1,000.00 | 971.70 | 8.80 | 1,016.28 | 9.00 | |||||||||||||||||
UltraJapan ProFund – Service | 2.77 | % | 1,000.00 | 966.90 | 13.73 | 1,011.24 | 14.04 | |||||||||||||||||
UltraLatin America ProFund – Investor | 1.66 | % | 1,000.00 | 886.70 | 7.89 | 1,016.84 | 8.44 | |||||||||||||||||
UltraLatin America ProFund – Service | 2.66 | % | 1,000.00 | 881.80 | 12.62 | 1,011.80 | 13.49 | |||||||||||||||||
UltraMid-Cap ProFund – Investor | 1.44 | % | 1,000.00 | 937.40 | 7.03 | 1,017.95 | 7.32 | |||||||||||||||||
UltraMid-Cap ProFund – Service | 2.44 | % | 1,000.00 | 932.70 | 11.89 | 1,012.91 | 12.38 | |||||||||||||||||
UltraNasdaq-100 ProFund – Investor | 1.42 | % | 1,000.00 | 969.70 | 7.05 | 1,018.05 | 7.22 | |||||||||||||||||
UltraNasdaq-100 ProFund – Service | 2.42 | % | 1,000.00 | 964.80 | 11.98 | 1,013.01 | 12.28 | |||||||||||||||||
UltraShort China ProFund – Investor | 1.78 | % | 1,000.00 | 1,236.50 | 10.03 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort China ProFund – Service | 2.78 | % | 1,000.00 | 1,230.70 | 15.63 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort Dow 30 ProFund – Investor | 1.78 | % | 1,000.00 | 941.80 | 8.71 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort Dow 30 ProFund – Service | 2.78 | % | 1,000.00 | 937.80 | 13.58 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort Emerging Markets ProFund – Investor | 1.78 | % | 1,000.00 | 1,091.80 | 9.39 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort Emerging Markets ProFund – Service | 2.78 | % | 1,000.00 | 1,086.00 | 14.62 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort International ProFund – Investor | 1.78 | % | 1,000.00 | 1,020.10 | 9.06 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort International ProFund – Service | 2.78 | % | 1,000.00 | 1,015.00 | 14.12 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort Japan ProFund – Investor | 1.78 | % | 1,000.00 | 947.30 | 8.74 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort Japan ProFund – Service | 2.78 | % | 1,000.00 | 941.80 | 13.61 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort Latin America ProFund – Investor | 1.78 | % | 1,000.00 | 981.50 | 8.89 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort Latin America ProFund – Service | 2.78 | % | 1,000.00 | 975.60 | 13.84 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort Mid-Cap ProFund – Investor | 1.78 | % | 1,000.00 | 985.10 | 8.91 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort Mid-Cap ProFund – Service | 2.78 | % | 1,000.00 | 981.00 | 13.88 | 1,011.19 | 14.09 | |||||||||||||||||
UltraShort Nasdaq-100 ProFund – Investor | 2.02 | % | 1,000.00 | 926.10 | 9.81 | 1,015.02 | 10.26 | |||||||||||||||||
UltraShort Nasdaq-100 ProFund – Service | 3.02 | % | 1,000.00 | 920.50 | 14.62 | 1,009.98 | 15.30 | |||||||||||||||||
UltraShort Small-Cap ProFund – Investor | 1.78 | % | 1,000.00 | 1,099.00 | 9.42 | 1,016.23 | 9.05 | |||||||||||||||||
UltraShort Small-Cap ProFund – Service | 2.78 | % | 1,000.00 | 1,092.40 | 14.66 | 1,011.19 | 14.09 | |||||||||||||||||
UltraSmall-Cap ProFund – Investor | 1.50 | % | 1,000.00 | 811.30 | 6.85 | 1,017.64 | 7.63 | |||||||||||||||||
UltraSmall-Cap ProFund – Service | 2.50 | % | 1,000.00 | 807.30 | 11.39 | 1,012.60 | 12.68 | |||||||||||||||||
U.S. Government Plus ProFund – Investor | 1.33 | % | 1,000.00 | 943.50 | 6.52 | 1,018.50 | 6.77 | |||||||||||||||||
U.S. Government Plus ProFund – Service | 2.33 | % | 1,000.00 | 938.80 | 11.39 | 1,013.46 | 11.82 | |||||||||||||||||
Utilities UltraSector ProFund – Investor | 1.81 | % | 1,000.00 | 1,086.80 | 9.52 | 1,016.08 | 9.20 | |||||||||||||||||
Utilities UltraSector ProFund – Service | 2.81 | % | 1,000.00 | 1,081.40 | 14.74 | 1,011.04 | 14.24 |
* | Expenses are equal to the average account value over the period multiplied by the Fund’s annualized expense ratio, multiplied by 184/365 (the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year). |
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Schedules of Portfolio Investments
34 :: Access Flex Bear High Yield ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a) (53.9%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $457,000 | $ | 457,000 | $ | 457,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $457,000) | 457,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $457,000)—53.9% | 457,000 | |||||||
Net other assets (liabilities)—46.1% | 390,287 | |||||||
NET ASSETS—100.0% | $ | 847,287 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Futures Contracts Sold
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
5-Year U.S. Treasury Note Futures Contracts | 6 | 4/01/22 | $ | (715,406 | ) | $ | 7,005 |
Centrally Cleared Swap Agreements
Credit Default Swap Agreements—Buy Protection(1)
Underlying Instrument | Payment Frequency | Fixed Deal Pay Rate | Maturity Date | Implied Credit Spread at January 31, 2022(2) | Notional Amount(3) | Value | Premiums Paid (Received) | Unrealized Appreciation/ (Depreciation) | Variation Margin | |||||||||||||||||||||||
CDX North America High Yield Index Swap Agreement; Series 37 | Daily | 5.00 | % | 12/20/26 | 3.40 | % | $ | 770,000 | $ | (53,134 | ) | $ | (67,245 | ) | $ | 14,111 | $ | (2,068 | ) |
(1) | When a credit event occurs as defined under the terms of the swap agreement, the Fund as a buyer of credit protection will either (i) receive from the seller of protection an amount equal to the par value of the defaulted reference entity and deliver the reference entity or (ii) receive a net amount equal to the par value of the defaulted reference entity less its recovery value. |
(2) | Implied credit spread, represented in absolute terms, utilized in determining the value of the credit default swap agreements as of period end will serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default or other credit event for the credit derivative. The implied credit spread of a referenced entity reflects the cost of buying/selling protection and may include payments required to be made to enter into the agreement. Generally, wider credit spreads represent a perceived deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the swap agreement. |
(3) | The notional amount represents the maximum potential amount the Fund may receive as a buyer of credit protection if a credit event occurs, as defined under the terms of the swap agreement, for each security included in the CDX North America High Yield Index. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Access Flex High Yield ProFund :: 35
U.S. Treasury Obligation (62.0%)
Principal Amount | Value | |||||||
U.S. Treasury Note, 1.25%, 12/31/26 | $ | 4,900,000 | $ | 4,817,695 | ||||
TOTAL U.S. TREASURY OBLIGATION (Cost $4,868,910) | 4,817,695 | |||||||
Repurchase Agreements(a) (26.8%) | ||||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,083,000 | 2,083,000 | 2,083,000 | ||||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,083,000) | 2,083,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $6,951,910)—88.8% | 6,900,695 | |||||||
Net other assets (liabilities)—11.2% | 869,963 | |||||||
NET ASSETS—100.0% | $ | 7,770,658 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
5-Year U.S. Treasury Note Futures Contracts | 4 | 4/01/22 | $ | 476,938 | $ | (1,600 | ) |
Centrally Cleared Swap Agreements
Credit Default Swap Agreements—Sell Protection(1)
Underlying Instrument | Payment Frequency | Fixed Deal Pay Rate | Maturity Date | Implied Credit Spread at January 31, 2022(2) | Notional Amount(3) | Value | Premiums Paid (Received) | Unrealized Appreciation/ (Depreciation) | Variation Margin | |||||||||||||||||||||||
CDX North America High Yield Index Swap Agreement; Series 37 | Daily | 5.00 | % | 12/20/26 | 3.38 | % | $ | 6,520,000 | $ | 449,753 | $ | 618,060 | $ | (168,307 | ) | $ | 15,686 |
(1) | When a credit event occurs as defined under the terms of the swap agreement, the Fund as a seller of credit protection will either (i) pay to the buyer of protection an amount equal to the par value of the defaulted reference entity and take delivery of the reference entity or (ii) pay a net amount equal to the par value of the defaulted reference entity less its recovery value. |
(2) | Implied credit spread, represented in absolute terms, utilized in determining the value of the credit default swap agreements as of period end will serve as an indicator of the current status of the payment/performance risk and represent the likelihood or risk of default or other credit event for the credit derivative. The implied credit spread of a referenced entity reflects the cost of buying/selling protection and may include payments required to be made to enter into the agreement. Generally, wider credit spreads represent a perceived deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the swap agreement. |
(3) | The notional amount represents the maximum potential amount the Fund may pay as a seller of credit protection if a credit event occurs, as defined under the terms of the swap agreement, for each security included in the CDX North America High Yield Index. |
See accompanying notes to the financial statements.
36 :: Banks UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (78.3%)
Shares | Value | |||||||
Bank of America Corp. (Banks) | 70,087 | $ | 3,233,814 | |||||
Bank OZK (Banks) | 1,176 | 55,096 | ||||||
BOK Financial Corp. (Banks) | 292 | 29,945 | ||||||
Citigroup, Inc. (Banks) | 19,302 | 1,256,946 | ||||||
Citizens Financial Group, Inc. (Banks) | 4,145 | 213,343 | ||||||
Comerica, Inc. (Banks) | 1,277 | 118,480 | ||||||
Commerce Bancshares, Inc. (Banks) | 1,080 | 74,423 | ||||||
Cullen/Frost Bankers, Inc. (Banks) | 553 | 77,979 | ||||||
East West Bancorp, Inc. (Banks) | 1,379 | 119,063 | ||||||
F.N.B. Corp. (Banks) | 3,295 | 42,571 | ||||||
Fifth Third Bancorp (Banks) | 6,649 | 296,745 | ||||||
First Citizens BancShares, Inc.—Class A (Banks) | 130 | 101,280 | ||||||
First Financial Bankshares, Inc. (Banks) | 1,248 | 58,644 | ||||||
First Horizon Corp. (Banks) | 5,257 | 89,955 | ||||||
First Republic Bank (Banks) | 1,743 | 302,567 | ||||||
Glacier Bancorp, Inc. (Banks) | 1,055 | 54,786 | ||||||
Home BancShares, Inc. (Banks) | 1,464 | 34,492 | ||||||
Huntington Bancshares, Inc. (Banks) | 14,068 | 211,864 | ||||||
JPMorgan Chase & Co. (Banks) | 28,767 | 4,274,775 | ||||||
KeyCorp (Banks) | 9,056 | 226,943 | ||||||
M&T Bank Corp. (Banks) | 1,253 | 212,233 | ||||||
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 4,520 | 52,703 | ||||||
People’s United Financial, Inc. (Banks) | 4,160 | 80,621 | ||||||
Pinnacle Financial Partners, Inc. (Banks) | 741 | 71,662 | ||||||
Popular, Inc. (Banks) | 777 | 69,285 | ||||||
Prosperity Bancshares, Inc. (Banks) | 897 | 65,705 | ||||||
Regions Financial Corp. (Banks) | 9,274 | 212,746 | ||||||
Signature Bank (Banks) | 590 | 179,732 | ||||||
SVB Financial Group* (Banks) | 571 | 333,407 | ||||||
Synovus Financial Corp. (Banks) | 1,415 | 70,410 | ||||||
TFS Financial Corp. (Thrifts & Mortgage Finance) | 461 | 8,012 | ||||||
The PNC Financial Services Group, Inc. (Banks) | 4,112 | 847,031 | ||||||
Truist Financial Corp. (Banks) | 12,984 | 815,655 | ||||||
U.S. Bancorp (Banks) | 13,127 | 763,860 | ||||||
UMB Financial Corp. (Banks) | 418 | 41,152 | ||||||
Umpqua Holdings Corp. (Banks) | 2,104 | 42,669 | ||||||
United Bankshares, Inc. (Banks) | 1,325 | 46,812 | ||||||
Valley National Bancorp (Banks) | 3,956 | 55,068 | ||||||
Webster Financial Corp. (Banks) | 1,744 | 99,077 | ||||||
Wells Fargo & Co. (Banks) | 38,790 | 2,086,902 | ||||||
Western Alliance Bancorp (Banks) | 1,015 | 100,678 | ||||||
Wintrust Financial Corp. (Banks) | 555 | 54,429 | ||||||
Zions Bancorp (Banks) | 1,521 | 103,154 | ||||||
TOTAL COMMON STOCKS (Cost $8,288,071) | 17,286,714 |
Repurchase Agreements(a)(b) (18.6%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $4,099,000 | $ | 4,099,000 | $ | 4,099,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $4,099,000) | 4,099,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $12,387,071)—96.9% | 21,385,714 | |||||||
Net other assets (liabilities)—3.1% | 685,477 | |||||||
NET ASSETS—100.0% | $ | 22,071,191 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,871,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Banks Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 8,493,425 | $ | 118,822 | ||||||||
Dow Jones U.S. Banks Index | UBS AG | 2/23/22 | 0.43 | % | 7,299,596 | 111,306 | ||||||||||
$ | 15,793,021 | $ | 230,128 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Banks UltraSector ProFund :: 37
Banks UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Banks | $ | 17,225,999 | 78.0 | % | ||||
Thrifts & Mortgage Finance | 60,715 | 0.3 | % | |||||
Other** | 4,784,477 | 21.7 | % | |||||
Total | $ | 22,071,191 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
38 :: Basic Materials UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (83.4%)
Shares | Value | |||||||
Air Products & Chemicals, Inc. (Chemicals) | 1,434 | $ | 404,560 | |||||
Albemarle Corp. (Chemicals) | 758 | 167,321 | ||||||
Alcoa Corp. (Metals & Mining) | 1,213 | 68,789 | ||||||
Ashland Global Holdings, Inc. (Chemicals) | 366 | 35,151 | ||||||
Axalta Coating Systems, Ltd.* (Chemicals) | 1,392 | 41,217 | ||||||
Celanese Corp. (Chemicals) | 706 | 109,931 | ||||||
CF Industries Holdings, Inc. (Chemicals) | 1,390 | 95,729 | ||||||
Cleveland-Cliffs, Inc.* (Metals & Mining) | 2,950 | 50,563 | ||||||
Commercial Metals Co. (Metals & Mining) | 782 | 26,150 | ||||||
Corteva, Inc. (Chemicals) | 4,723 | 227,082 | ||||||
Dow, Inc. (Chemicals) | 4,793 | 286,286 | ||||||
DuPont de Nemours, Inc. (Chemicals) | 3,358 | 257,223 | ||||||
Eastman Chemical Co. (Chemicals) | 871 | 103,588 | ||||||
Ecolab, Inc. (Chemicals) | 1,615 | 305,962 | ||||||
Element Solutions, Inc. (Chemicals) | 1,412 | 31,685 | ||||||
FMC Corp. (Chemicals) | 822 | 90,724 | ||||||
Freeport-McMoRan, Inc. (Metals & Mining) | 9,516 | 354,186 | ||||||
Huntsman Corp. (Chemicals) | 1,342 | 48,084 | ||||||
Ingevity Corp.* (Chemicals) | 255 | 16,807 | ||||||
International Flavors & Fragrances, Inc. (Chemicals) | 1,649 | 217,536 | ||||||
Linde PLC (Chemicals) | 3,321 | 1,058,337 | ||||||
LyondellBasell Industries N.V.— Class A (Chemicals) | 1,703 | 164,731 | ||||||
MP Materials Corp.* (Metals & Mining) | 484 | 19,331 | ||||||
NewMarket Corp. (Chemicals) | 44 | 14,875 | ||||||
Newmont Corp. (Metals & Mining) | 5,167 | 316,065 | ||||||
Nucor Corp. (Metals & Mining) | 1,852 | 187,793 | ||||||
Olin Corp. (Chemicals) | 929 | 47,072 | ||||||
PPG Industries, Inc. (Chemicals) | 1,539 | 240,392 | ||||||
Reliance Steel & Aluminum Co. (Metals & Mining) | 406 | 62,069 | ||||||
Royal Gold, Inc. (Metals & Mining) | 425 | 43,159 | ||||||
RPM International, Inc. (Chemicals) | 840 | 74,432 | ||||||
Steel Dynamics, Inc. (Metals & Mining) | 1,222 | 67,845 | ||||||
Sylvamo Corp.* (Paper & Forest Products) | 229 | 6,822 | ||||||
The Chemours Co. (Chemicals) | 1,057 | 34,574 | ||||||
The Mosaic Co. (Chemicals) | 2,401 | 95,920 | ||||||
The Scotts Miracle-Gro Co.— Class A (Chemicals) | 264 | 39,917 | ||||||
United States Steel Corp. (Metals & Mining) | 1,751 | 36,281 | ||||||
Valvoline, Inc. (Chemicals) | 1,172 | 38,606 | ||||||
Westlake Chemical Corp. (Chemicals) | 215 | 21,210 | ||||||
TOTAL COMMON STOCKS (Cost $2,852,861) | 5,508,005 |
Repurchase Agreements(a)(b) (19.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,268,000 | $ | 1,268,000 | $ | 1,268,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,268,000) | 1,268,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $4,120,861)—102.6% | 6,776,005 | |||||||
Net other assets (liabilities)—(2.6)% | (171,507 | ) | ||||||
NET ASSETS—100.0% | $ | 6,604,498 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $722,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Basic Materials Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 2,326,063 | $ | 2,598 | ||||||||
Dow Jones U.S. Basic Materials Index | UBS AG | 2/23/22 | 0.43 | % | 2,087,520 | 2,450 | ||||||||||
$ | 4,413,583 | $ | 5,048 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Basic Materials UltraSector ProFund :: 39
Basic Materials UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Chemicals | $ | 4,268,952 | 64.6 | % | ||||
Metals & Mining | 1,232,231 | 18.7 | % | |||||
Paper & Forest Products | 6,822 | 0.1 | % | |||||
Other** | 1,096,493 | 16.6 | % | |||||
Total | $ | 6,604,498 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
40 :: Bear ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (109.5%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $10,764,000 | $ | 10,764,000 | $ | 10,764,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $10,764,000) | 10,764,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $10,764,000)—109.5% | 10,764,000 | |||||||
Net other assets (liabilities)—(9.5)% | (933,338 | ) | ||||||
NET ASSETS—100.0% | $ | 9,830,662 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,924,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||||
S&P 500 | Goldman Sachs International | 2/28/22 | (0.43 | )% | $ | (3,016,387 | ) | $ | (166,508 | ) | |||||||
S&P 500 | UBS AG | 2/28/22 | (0.23 | )% | (6,809,449 | ) | (285,817 | ) | |||||||||
$ | (9,825,836 | ) | $ | (452,325 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Biotechnology UltraSector ProFund :: 41
Common Stocks (79.4%)
Shares | Value | |||||||
10X Genomics, Inc.*—Class A (Life Sciences Tools & Services) | 7,085 | $ | 682,073 | |||||
AbbVie, Inc. (Biotechnology) | 136,776 | 18,723,266 | ||||||
ACADIA Pharmaceuticals, Inc.* (Biotechnology) | 9,077 | 204,142 | ||||||
Agilent Technologies, Inc. (Life Sciences Tools & Services) | 23,422 | 3,263,153 | ||||||
Agios Pharmaceuticals, Inc.* (Biotechnology) | 4,200 | 129,738 | ||||||
Alkermes PLC* (Biotechnology) | 12,508 | 318,954 | ||||||
Allogene Therapeutics, Inc.* (Biotechnology) | 5,729 | 65,597 | ||||||
Alnylam Pharmaceuticals, Inc.* (Biotechnology) | 9,255 | 1,273,488 | ||||||
Amgen, Inc. (Biotechnology) | 43,578 | 9,898,307 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 8,068 | 425,668 | ||||||
Avantor, Inc.* (Life Sciences Tools & Services) | 47,151 | 1,760,147 | ||||||
Beam Therapeutics, Inc.* (Biotechnology) | 3,478 | 240,712 | ||||||
Berkeley Lights, Inc.* (Life Sciences Tools & Services) | 3,231 | 31,373 | ||||||
Biogen, Inc.* (Biotechnology) | 11,364 | 2,568,264 | ||||||
Biohaven Pharmaceutical Holding Co., Ltd.* (Biotechnology) | 4,508 | 598,978 | ||||||
BioMarin Pharmaceutical, Inc.* (Biotechnology) | 14,205 | 1,258,989 | ||||||
Bio-Techne Corp. (Life Sciences Tools & Services) | 3,041 | 1,144,663 | ||||||
Blueprint Medicines Corp.* (Biotechnology) | 4,552 | 350,959 | ||||||
Bridgebio Pharma, Inc.* (Biotechnology) | 8,308 | 82,000 | ||||||
Charles River Laboratories International, Inc.* (Life Sciences Tools & Services) | 3,903 | 1,287,053 | ||||||
Danaher Corp. (Health Care Equipment & Supplies) | 49,203 | 14,061,725 | ||||||
Denali Therapeutics, Inc.* (Biotechnology) | 7,179 | 245,665 | ||||||
Emergent BioSolutions, Inc.* (Biotechnology) | 3,705 | 173,394 | ||||||
Exact Sciences Corp.* (Biotechnology) | 13,331 | 1,017,955 | ||||||
Exelixis, Inc.* (Biotechnology) | 24,476 | 443,016 | ||||||
Fate Therapeutics, Inc.* (Biotechnology) | 6,281 | 260,724 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 97,047 | 6,665,188 | ||||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 10,890 | 376,903 | ||||||
Horizon Therapeutics PLC* (Pharmaceuticals) | 17,549 | 1,637,848 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 12,092 | 4,217,931 | ||||||
Incyte Corp.* (Biotechnology) | 14,528 | 1,079,866 | ||||||
Intellia Therapeutics, Inc.* (Biotechnology) | 5,355 | 506,422 | ||||||
Invitae Corp.* (Biotechnology) | 16,090 | 180,852 | ||||||
Ionis Pharmaceuticals, Inc.* (Biotechnology) | 10,923 | 347,351 | ||||||
IQVIA Holdings, Inc.* (Life Sciences Tools & Services) | 14,779 | 3,619,377 | ||||||
Maravai LifeSciences Holdings, Inc.*—Class A (Life Sciences Tools & Services) | 8,437 | 243,998 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 2,226 | 395,026 | ||||||
Mettler-Toledo International, Inc.* (Life Sciences Tools & Services) | 1,779 | 2,619,898 | ||||||
Mirati Therapeutics, Inc.* (Biotechnology) | 3,835 | 457,516 | ||||||
Moderna, Inc.* (Biotechnology) | 27,291 | 4,621,185 | ||||||
Natera, Inc.* (Biotechnology) | 6,806 | 480,844 | ||||||
Nektar Therapeutics* (Pharmaceuticals) | 14,272 | 158,705 | ||||||
Neurocrine Biosciences, Inc.* (Biotechnology) | 7,342 | 580,165 | ||||||
Novavax, Inc.* (Biotechnology) | 5,851 | 548,239 | ||||||
Pacific Biosciences of California, Inc.* (Life Sciences Tools & Services) | 17,057 | 190,697 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 8,180 | 4,978,266 | ||||||
Repligen Corp.* (Biotechnology) | 3,978 | 788,997 | ||||||
Sarepta Therapeutics, Inc.* (Biotechnology) | 6,738 | 482,239 | ||||||
Seagen, Inc.* (Biotechnology) | 10,327 | 1,389,085 | ||||||
Sotera Health Co.* (Life Sciences Tools & Services) | 7,656 | 164,681 | ||||||
Syneos Health, Inc.* (Life Sciences Tools & Services) | 8,024 | 726,653 | ||||||
Twist Bioscience Corp.* (Biotechnology) | 3,813 | 226,568 | ||||||
Ultragenyx Pharmaceutical, Inc.* (Biotechnology) | 5,272 | 368,671 | ||||||
United Therapeutics Corp.* (Biotechnology) | 3,484 | 703,315 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 19,670 | 4,780,794 | ||||||
Vir Biotechnology, Inc.* (Biotechnology) | 5,666 | 194,514 | ||||||
West Pharmaceutical Services, Inc. (Health Care Equipment & Supplies) | 5,732 | 2,253,937 | ||||||
TOTAL COMMON STOCKS (Cost $51,978,559) | 106,495,734 |
Repurchase Agreements(a)(b) (19.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $25,647,000 | $ | 25,647,000 | $ | 25,647,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $25,647,000) | 25,647,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $77,625,559)—98.5% | 132,142,734 | |||||||
Net other assets (liabilities)—1.5% | 1,962,637 | |||||||
NET ASSETS—100.0% | $ | 134,105,371 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $16,622,000. |
See accompanying notes to the financial statements.
42 :: Biotechnology UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Biotechnology Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 45,310,059 | $ | 914,022 | ||||||||
Dow Jones U.S. Biotechnology Index | UBS AG | 2/23/22 | 0.58 | % | 49,312,482 | 972,666 | ||||||||||
$ | 94,622,541 | $ | 1,886,688 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Biotechnology UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Biotechnology | $ | 68,036,796 | 50.7 | % | ||||
Health Care Equipment & Supplies | 16,315,662 | 12.2 | % | |||||
Life Sciences Tools & Services | 20,346,723 | 15.2 | % | |||||
Pharmaceuticals | 1,796,553 | 1.3 | % | |||||
Other** | 27,609,637 | 20.6 | % | |||||
Total | $ | 134,105,371 | 100.0 | % |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Consolidated Schedule of Portfolio Investments :: Bitcoin Strategy ProFund :: 43
U.S. Treasury Obligation (96.9%)
Principal Amount | Value | |||||||
U.S. Treasury Bill, 0.26%+, 5/19/22^ | $ | 26,000,000 | $ | 25,979,761 | ||||
TOTAL U.S. TREASURY OBLIGATION (Cost $25,995,931) | 25,979,761 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $25,995,931)—96.9% | 25,979,761 | |||||||
Reverse Repurchase Agreements including accrued interest—(74.5)% | (19,985,044 | ) | ||||||
Net other assets (liabilities)—77.6% | 20,807,568 | |||||||
NET ASSETS—100.0% | $ | 26,802,285 |
+ | Reflects the effective yield or interest rate in effect at January 31, 2022. |
^ | $19,985,044 of this security has been pledged as collateral for reverse repurchase agreements. |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||
CME Bitcoin Futures Contracts | 104 | 2/28/22 | $ | 20,012,200 | $ | (945,086 | ) | ||||||
CME Bitcoin Futures Contracts | 35 | 3/28/22 | 6,750,625 | 499,099 | |||||||||
CME Micro Bitcoin Futures Contracts | 8 | 2/28/22 | 30,860 | 2,397 | |||||||||
$ | 26,793,685 | $ | (443,590 | ) |
See accompanying notes to the financial statements.
44 :: Bull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (77.6%)
Percentage of Net Assets | Shares | Value | ||||||||||
Abbott Laboratories (Health Care Equipment & Supplies) | 0.5 | % | 1,785 | $ | 227,517 | |||||||
AbbVie, Inc. (Biotechnology) | 0.5 | % | 1,784 | 244,212 | ||||||||
Accenture PLC—Class A (IT Services) | 0.5 | % | 637 | 225,230 | ||||||||
Adobe, Inc.* (Software)* | 0.5 | % | 480 | 256,464 | ||||||||
Alphabet, Inc.—Class C* (Interactive Media & Services)* | 1.5 | % | 282 | 765,340 | ||||||||
Alphabet, Inc.—Class A* (Interactive Media & Services)* | 1.7 | % | 304 | 822,645 | ||||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail)* | 2.6 | % | 440 | 1,316,247 | ||||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 5.5 | % | 15,729 | 2,749,115 | ||||||||
AT&T, Inc. (Diversified Telecommunication Services) | 0.4 | % | 7,207 | 183,779 | ||||||||
Bank of America Corp. (Banks) | 0.7 | % | 7,269 | 335,392 | ||||||||
Berkshire Hathaway, Inc.—Class B* (Diversified Financial Services)* | 1.2 | % | 1,848 | 578,461 | ||||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 0.5 | % | 415 | 243,139 | ||||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 0.5 | % | 1,946 | 255,568 | ||||||||
Cisco Systems, Inc. (Communications Equipment) | 0.5 | % | 4,257 | 236,987 | ||||||||
Comcast Corp.—Class A (Media) | 0.5 | % | 4,602 | 230,054 | ||||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 0.5 | % | 446 | 225,288 | ||||||||
Danaher Corp. (Health Care Equipment & Supplies) | 0.4 | % | 642 | 183,477 | ||||||||
Eli Lilly & Co. (Pharmaceuticals) | 0.4 | % | 801 | 196,557 | ||||||||
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 0.7 | % | 4,272 | 324,501 | ||||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 0.4 | % | 4,105 | 200,405 | ||||||||
Johnson & Johnson (Pharmaceuticals) | 0.9 | % | 2,657 | 457,774 | ||||||||
JPMorgan Chase & Co. (Banks) | 0.9 | % | 2,982 | 443,125 | ||||||||
Linde PLC (Chemicals) | 0.3 | % | 517 | 164,759 | ||||||||
Lowe’s Cos., Inc. (Specialty Retail) | 0.3 | % | 699 | 165,908 | ||||||||
Mastercard, Inc.—Class A (IT Services) | 0.7 | % | 876 | 338,469 | ||||||||
McDonald’s Corp. (Hotels, Restaurants & Leisure) | 0.4 | % | 754 | 195,625 | ||||||||
Merck & Co., Inc. (Pharmaceuticals) | 0.4 | % | 2,549 | 207,693 | ||||||||
Meta Platforms, Inc.—Class A* (Interactive Media & Services)* | 1.5 | % | 2,389 | 748,378 | ||||||||
Microsoft Corp. (Software) | 4.7 | % | 7,577 | 2,356,295 | ||||||||
Netflix, Inc.* (Entertainment)* | 0.4 | % | 447 | 190,932 | ||||||||
NIKE, Inc.—Class B (Textiles, Apparel & Luxury Goods) | 0.4 | % | 1,290 | 191,010 | ||||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 1.2 | % | 2,523 | 617,781 | ||||||||
PayPal Holdings, Inc.* (IT Services)* | 0.4 | % | 1,186 | 203,921 | ||||||||
PepsiCo, Inc. (Beverages) | 0.5 | % | 1,395 | 242,060 | ||||||||
Pfizer, Inc. (Pharmaceuticals) | 0.6 | % | 5,665 | 298,489 | ||||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 0.4 | % | 1,130 | 198,609 | ||||||||
Salesforce.com, Inc.* (Software)* | 0.5 | % | 988 | 229,838 | ||||||||
Tesla, Inc.* (Automobiles)* | 1.5 | % | 821 | 769,047 | ||||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 0.3 | % | 932 | 167,285 | ||||||||
The Coca-Cola Co. (Beverages) | 0.5 | % | 3,923 | 239,342 | ||||||||
The Home Depot, Inc. (Specialty Retail) | 0.8 | % | 1,065 | 390,833 | ||||||||
The Procter & Gamble Co. (Household Products) | 0.8 | % | 2,442 | 391,818 | ||||||||
The Walt Disney Co.* (Entertainment)* | 0.5 | % | 1,834 | 262,207 | ||||||||
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Services) | 0.5 | % | 398 | 231,356 | ||||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 0.9 | % | 951 | 449,415 | ||||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 0.4 | % | 4,178 | 222,394 | ||||||||
Visa, Inc.—Class A (IT Services) | 0.8 | % | 1,693 | 382,906 | ||||||||
Walmart, Inc. (Food & Staples Retailing) | 0.4 | % | 1,435 | 200,627 | ||||||||
Wells Fargo & Co. (Banks) | 0.4 | % | 4,023 | 216,437 | ||||||||
Other Common Stocks(a) | 35.3 | % | 178,660 | 17,610,969 | ||||||||
TOTAL COMMON STOCKS (Cost $6,930,176) | 38,585,680 |
Repurchase Agreements(b)(c) (18.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $9,060,000 | $ | 9,060,000 | $ | 9,060,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $9,060,000) | 9,060,000 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Summary Schedule of Portfolio Investments :: Bull ProFund :: 45
Collateral for Securities Loaned(d)(NM)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 11,492 | $ | 11,492 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $11,492) | 11,492 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $16,001,668)—95.8% | 47,657,172 | |||||||
Net other assets (liabilities)—4.2% | 2,082,614 | |||||||
NET ASSETS—100.0% | $ | 49,739,786 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $11,543. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $2,341,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P 500 | Goldman Sachs International | 2/28/22 | 0.68 | % | $ | 3,504,067 | $ | 106,098 | ||||||||
S&P 500 | UBS AG | 2/28/22 | 0.58 | % | 7,283,582 | 305,448 | ||||||||||
$ | 10,787,649 | $ | 411,546 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
46 :: Bull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Bull ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | ||||||
Aerospace & Defense | $ | 558,389 | 1.1 | % | |||
Air Freight & Logistics | 242,839 | 0.5 | % | ||||
Airlines | 84,052 | 0.2 | % | ||||
Auto Components | 47,898 | 0.1 | % | ||||
Automobiles | 926,778 | 1.9 | % | ||||
Banks | 1,635,572 | 3.3 | % | ||||
Beverages | 575,199 | 1.2 | % | ||||
Biotechnology | 695,764 | 1.4 | % | ||||
Building Products | 185,112 | 0.4 | % | ||||
Capital Markets | 1,152,568 | 2.3 | % | ||||
Chemicals | 665,360 | 1.3 | % | ||||
Commercial Services & Supplies | 154,976 | 0.3 | % | ||||
Communications Equipment | 328,597 | 0.7 | % | ||||
Construction & Engineering | 14,792 | NM | |||||
Construction Materials | 50,016 | 0.1 | % | ||||
Consumer Finance | 234,692 | 0.5 | % | ||||
Containers & Packaging | 123,518 | 0.2 | % | ||||
Distributors | 53,110 | 0.1 | % | ||||
Diversified Financial Services | 578,461 | 1.2 | % | ||||
Diversified Telecommunication Services | 417,668 | 0.8 | % | ||||
Electric Utilities | 622,846 | 1.2 | % | ||||
Electrical Equipment | 202,913 | 0.4 | % | ||||
Electronic Equipment, Instruments & Components | 256,121 | 0.5 | % | ||||
Energy Equipment & Services | 107,283 | 0.2 | % | ||||
Entertainment | 586,889 | 1.2 | % | ||||
Equity Real Estate Investment Trusts | 997,596 | 2.0 | % | ||||
Food & Staples Retailing | 532,167 | 1.1 | % | ||||
Food Products | 366,052 | 0.7 | % | ||||
Gas Utilities | 14,367 | NM | |||||
Health Care Equipment & Supplies | 1,297,311 | 2.6 | % | ||||
Health Care Providers & Services | 1,076,350 | 2.2 | % | ||||
Health Care Technology | 27,086 | NM | |||||
Hotels, Restaurants & Leisure | 746,098 | 1.5 | % | ||||
Household Durables | 134,565 | 0.3 | % | ||||
Household Products | 554,851 | 1.1 | % | ||||
Independent Power and Renewable Electricity Producers | 14,927 | NM | |||||
Industrial Conglomerates | 389,760 | 0.8 | % | ||||
Insurance | 748,265 | 1.5 | % | ||||
Interactive Media & Services | 2,398,866 | 4.8 | % | ||||
Internet & Direct Marketing Retail | 1,374,317 | 2.8 | % | ||||
IT Services | 1,773,606 | 3.6 | % | ||||
Leisure Products | 12,115 | NM | |||||
Life Sciences Tools & Services | 497,021 | 1.0 | % | ||||
Machinery | 602,479 | 1.2 | % | ||||
Media | 406,271 | 0.8 | % | ||||
Metals & Mining | 133,605 | 0.3 | % | ||||
Multiline Retail | 187,452 | 0.4 | % | ||||
Multi-Utilities | 301,078 | 0.6 | % | ||||
Oil, Gas & Consumable Fuels | 1,187,165 | 2.4 | % | ||||
Personal Products | 72,959 | 0.1 | % | ||||
Pharmaceuticals | 1,445,809 | 2.9 | % | ||||
Professional Services | 157,924 | 0.3 | % | ||||
Real Estate Management & Development | 34,253 | 0.1 | % | ||||
Road & Rail | 346,988 | 0.7 | % | ||||
Semiconductors & Semiconductor Equipment | 2,272,831 | 4.6 | % | ||||
Software | 3,554,571 | 7.1 | % | ||||
Specialty Retail | 884,411 | 1.8 | % | ||||
Technology Hardware, Storage & Peripherals | 2,871,417 | 5.8 | % | ||||
Textiles, Apparel & Luxury Goods | 242,334 | 0.5 | % | ||||
Tobacco | 255,909 | 0.5 | % | ||||
Trading Companies & Distributors | 78,028 | 0.2 | % | ||||
Water Utilities | 29,426 | 0.1 | % | ||||
Wireless Telecommunication Services | 64,037 | 0.1 | % | ||||
Other** | 11,154,106 | 22.4 | % | ||||
Total | $ | 49,739,786 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Communication Services UltraSector ProFund :: 47
Common Stocks (81.6%)
Shares | Value | |||||||
Activision Blizzard, Inc. (Entertainment) | 3,932 | $ | 310,668 | |||||
Alphabet, Inc.*—Class A (Interactive Media & Services) | 267 | 722,521 | ||||||
Alphabet, Inc.*—Class C (Interactive Media & Services) | 247 | 670,351 | ||||||
AT&T, Inc. (Diversified Telecommunication Services) | 13,056 | 332,927 | ||||||
Charter Communications, Inc.*—Class A (Media) | 488 | 289,550 | ||||||
Comcast Corp.—Class A (Media) | 6,158 | 307,838 | ||||||
Discovery, Inc.*(a) (Media) | 854 | 23,835 | ||||||
Discovery, Inc.*(a)—Class C (Media) | 1,533 | 41,928 | ||||||
DISH Network Corp.*—Class A (Media) | 1,260 | 39,564 | ||||||
Electronic Arts, Inc. (Entertainment) | 1,427 | 189,306 | ||||||
Fox Corp.—Class A (Media) | 1,617 | 65,666 | ||||||
Fox Corp.—Class B (Media) | 742 | 27,588 | ||||||
Live Nation Entertainment, Inc.* (Entertainment) | 682 | 74,686 | ||||||
Lumen Technologies, Inc. (Diversified Telecommunication Services) | 4,652 | 57,499 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 1,429 | 161,048 | ||||||
Meta Platforms, Inc.*—Class A (Interactive Media & Services) | 4,622 | 1,447,888 | ||||||
Netflix, Inc.* (Entertainment) | 488 | 208,444 | ||||||
News Corp.—Class A (Media) | 1,984 | 44,124 | ||||||
News Corp.—Class B (Media) | 613 | 13,633 | ||||||
Omnicom Group, Inc. (Media) | 1,073 | 80,861 | ||||||
Take-Two Interactive Software, Inc.* (Entertainment) | 581 | 94,901 | ||||||
The Interpublic Group of Cos., Inc. (Media) | 1,989 | 70,689 | ||||||
The Walt Disney Co.* (Entertainment) | 1,952 | 279,077 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 2,597 | 280,917 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 4,037 | 151,428 | ||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 5,942 | 316,293 | ||||||
ViacomCBS, Inc.—Class B (Media) | 3,062 | 102,424 | ||||||
TOTAL COMMON STOCKS (Cost $4,642,466) | 6,405,654 |
Repurchase Agreements(b)(c) (17.0%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,334,000 | $ | 1,334,000 | $ | 1,334,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,334,000) | 1,334,000 | |||||||
Collateral for Securities Loaned(d) (0.7%) |
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 58,615 | $ | 58,615 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $58,615) | 58,615 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $6,035,081)—99.3% | 7,798,269 | |||||||
Net other assets (liabilities)—0.7% | 55,478 | |||||||
NET ASSETS—100.0% | $ | 7,853,747 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $58,874. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,008,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P Communication Services Select Sector Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 2,599,616 | $ | 40,638 | ||||||||
S&P Communication Services Select Sector Index | UBS AG | 2/23/22 | 0.43 | % | 2,775,887 | 38,932 | ||||||||||
$ | 5,375,503 | $ | 79,570 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
48 :: Communication Services UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Communication Services UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | ||||||
Diversified Telecommunication Services | $ | 706,719 | 9.0 | % | |||
Entertainment | 1,157,081 | 14.7 | % | ||||
Interactive Media & Services | 3,153,235 | 40.2 | % | ||||
Media | 1,107,701 | 14.1 | % | ||||
Wireless Telecommunication Services | 280,918 | 3.6 | % | ||||
Other** | 1,448,093 | 18.4 | % | ||||
Total | $ | 7,853,747 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Consumer Goods UltraSector ProFund :: 49
Common Stocks (80.0%)
Shares | Value | |||||||
Activision Blizzard, Inc. (Entertainment) | 1,757 | $ | 138,821 | |||||
Altria Group, Inc. (Tobacco) | 4,143 | 210,796 | ||||||
Aptiv PLC* (Auto Components) | 610 | 83,313 | ||||||
Archer-Daniels-Midland Co. (Food Products) | 1,262 | 94,649 | ||||||
Autoliv, Inc. (Auto Components) | 177 | 17,530 | ||||||
Beyond Meat, Inc.*(a) (Food Products) | 136 | 8,858 | ||||||
BorgWarner, Inc. (Auto Components) | 542 | 23,767 | ||||||
Brown-Forman Corp.—Class B (Beverages) | 414 | 27,916 | ||||||
Brunswick Corp. (Leisure Products) | 174 | 15,797 | ||||||
Bunge, Ltd. (Food Products) | 317 | 31,339 | ||||||
Callaway Golf Co.* (Leisure Products) | 266 | 6,347 | ||||||
Campbell Soup Co. (Food Products) | 458 | 20,207 | ||||||
Capri Holdings, Ltd.* (Textiles, Apparel & Luxury Goods) | 340 | 20,424 | ||||||
Carter’s, Inc. (Textiles, Apparel & Luxury Goods) | 96 | 8,940 | ||||||
Church & Dwight Co., Inc. (Household Products) | 550 | 56,458 | ||||||
Colgate-Palmolive Co. (Household Products) | 1,902 | 156,820 | ||||||
Columbia Sportswear Co. (Textiles, Apparel & Luxury Goods) | 78 | 7,244 | ||||||
Conagra Brands, Inc. (Food Products) | 1,084 | 37,680 | ||||||
Constellation Brands, Inc.—Class A (Beverages) | 370 | 87,968 | ||||||
Coty, Inc.*—Class A (Personal Products) | 759 | 6,436 | ||||||
Cricut, Inc.*—Class A (Household Durables) | 83 | 1,642 | ||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods) | 132 | 13,546 | ||||||
D.R. Horton, Inc. (Household Durables) | 735 | 65,576 | ||||||
Darling Ingredients, Inc.* (Food Products) | 366 | 23,340 | ||||||
Deckers Outdoor Corp.* (Textiles, Apparel & Luxury Goods) | 63 | 20,174 | ||||||
Electronic Arts, Inc. (Entertainment) | 637 | 84,504 | ||||||
Energizer Holdings, Inc. (Household Products) | 143 | 5,378 | ||||||
Flowers Foods, Inc. (Food Products) | 450 | 12,659 | ||||||
Ford Motor Co. (Automobiles) | 8,852 | 179,696 | ||||||
Fox Factory Holding Corp.* (Auto Components) | 96 | 12,775 | ||||||
Freshpet, Inc.* (Food Products) | 98 | 9,117 | ||||||
General Mills, Inc. (Food Products) | 1,367 | 93,886 | ||||||
General Motors Co.* (Automobiles) | 3,274 | 172,638 | ||||||
Gentex Corp. (Auto Components) | 534 | 16,768 | ||||||
Genuine Parts Co. (Distributors) | 320 | 42,634 | ||||||
Hanesbrands, Inc. (Textiles, Apparel & Luxury Goods) | 789 | 12,703 | ||||||
Harley-Davidson, Inc. (Automobiles) | 349 | 12,065 | ||||||
Hasbro, Inc. (Leisure Products) | 292 | 27,004 | ||||||
Helen of Troy, Ltd.* (Household Durables) | 54 | 11,304 | ||||||
Herbalife Nutrition, Ltd.* (Personal Products) | 225 | 9,565 | ||||||
Hormel Foods Corp. (Food Products) | 638 | 30,286 | ||||||
Ingredion, Inc. (Food Products) | 151 | 14,300 | ||||||
Kellogg Co. (Food Products) | 578 | 36,414 | ||||||
Keurig Dr Pepper, Inc. (Beverages) | 1,664 | 63,149 | ||||||
Kimberly-Clark Corp. (Household Products) | 760 | 104,614 | ||||||
Lamb Weston Holding, Inc. (Food Products) | 330 | 21,189 | ||||||
Lancaster Colony Corp. (Food Products) | 45 | 7,145 | ||||||
Lear Corp. (Auto Components) | 134 | 22,421 | ||||||
Leggett & Platt, Inc. (Household Durables) | 303 | 12,075 | ||||||
Lennar Corp.—Class A (Household Durables) | 612 | 58,818 | ||||||
Lennar Corp.—Class B (Household Durables) | 36 | 2,906 | ||||||
Levi Strauss & Co. (Textiles, Apparel & Luxury Goods) | 220 | 4,825 | ||||||
Lucid Group, Inc.*(a) (Automobiles) | 1,242 | 36,502 | ||||||
Lululemon Athletica, Inc.* (Textiles, Apparel & Luxury Goods) | 266 | 88,780 | ||||||
Luminar Technologies, Inc.* (Auto Components) | 487 | 7,130 | ||||||
Mattel, Inc.* (Leisure Products) | 792 | 16,569 | ||||||
McCormick & Co., Inc. (Food Products) | 562 | 56,374 | ||||||
Mohawk Industries, Inc.* (Household Durables) | 123 | 19,418 | ||||||
Molson Coors Beverage Co.—Class B (Beverages) | 426 | 20,303 | ||||||
Mondelez International, Inc.—Class A (Food Products) | 3,146 | 210,875 | ||||||
Monster Beverage Corp.* (Beverages) | 847 | 73,452 | ||||||
National Beverage Corp. (Beverages) | 54 | 2,412 | ||||||
Newell Brands, Inc. (Household Durables) | 856 | 19,868 | ||||||
NIKE, Inc.—Class B (Textiles, Apparel & Luxury Goods) | 2,880 | 426,441 | ||||||
NVR, Inc.* (Household Durables) | 7 | 37,291 | ||||||
Peloton Interactive, Inc.*—Class A (Leisure Products) | 674 | 18,420 | ||||||
PepsiCo, Inc. (Beverages) | 3,117 | 540,862 | ||||||
Performance Food Group Co.* (Food & Staples Retailing) | 349 | 14,724 | ||||||
Philip Morris International, Inc. (Tobacco) | 3,511 | 361,106 | ||||||
Pilgrim’s Pride Corp.* (Food Products) | 112 | 3,133 | ||||||
Playtika Holding Corp.* (Entertainment) | 233 | 3,968 | ||||||
Polaris, Inc. (Leisure Products) | 128 | 14,412 | ||||||
Pool Corp. (Distributors) | 90 | 42,862 | ||||||
Post Holdings, Inc.* (Food Products) | 131 | 13,862 | ||||||
PulteGroup, Inc. (Household Durables) | 572 | 30,139 | ||||||
PVH Corp. (Textiles, Apparel & Luxury Goods) | 161 | 15,297 | ||||||
QuantumScape Corp.* (Auto Components) | 561 | 9,363 | ||||||
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 110 | 12,192 | ||||||
Reynolds Consumer Products, Inc. (Household Products) | 125 | 3,784 | ||||||
Rivian Automotive, Inc.*—Class A (Automobiles) | 350 | 23,009 | ||||||
ROBLOX Corp.*—Class A (Entertainment) | 96 | 6,323 | ||||||
Seaboard Corp. (Food Products) | 1 | 3,820 | ||||||
Skechers U.S.A., Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 305 | 12,810 | ||||||
Stanley Black & Decker, Inc. (Machinery) | 368 | 64,271 | ||||||
Take-Two Interactive Software, Inc.* (Entertainment) | 260 | 42,468 | ||||||
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | 621 | 23,567 | ||||||
Tempur Sealy International, Inc. (Household Durables) | 436 | 17,357 | ||||||
Tesla, Inc.* (Automobiles) | 1,832 | 1,716,071 | ||||||
The Boston Beer Co., Inc.*—Class A (Beverages) | 21 | 8,837 | ||||||
The Clorox Co. (Household Products) | 276 | 46,329 | ||||||
The Coca-Cola Co. (Beverages) | 8,768 | 534,936 | ||||||
The Estee Lauder Co., Inc. (Personal Products) | 523 | 163,066 | ||||||
The Hain Celestial Group, Inc.* (Food Products) | 211 | 7,708 | ||||||
The Hershey Co. (Food Products) | 328 | 64,639 |
See accompanying notes to the financial statements.
50 :: Consumer Goods UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
The JM Smucker Co.—Class A (Food Products) | 244 | $ | 34,302 | |||||
The Kraft Heinz Co. (Food Products) | 1,603 | 57,387 | ||||||
The Procter & Gamble Co. (Household Products) | 5,456 | 875,415 | ||||||
Thor Industries, Inc. (Automobiles) | 125 | 11,824 | ||||||
Toll Brothers, Inc. (Household Durables) | 259 | 15,273 | ||||||
TopBuild Corp.* (Household Durables) | 75 | 17,449 | ||||||
Tyson Foods, Inc.—Class A (Food Products) | 664 | 60,351 | ||||||
Under Armour, Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 427 | 8,040 | ||||||
Under Armour, Inc.*—Class C (Textiles, Apparel & Luxury Goods) | 486 | 7,771 | ||||||
US Foods Holding Corp.* (Food & Staples Retailing) | 505 | 17,807 | ||||||
VF Corp. (Textiles, Apparel & Luxury Goods) | 736 | 47,995 | ||||||
Whirlpool Corp. (Household Durables) | 136 | 28,586 | ||||||
YETI Holdings, Inc.* (Leisure Products) | 199 | 13,050 | ||||||
Zynga, Inc.* (Entertainment) | 2,377 | 21,559 | ||||||
TOTAL COMMON STOCKS (Cost $5,405,109) | 8,317,985 |
Repurchase Agreements(b)(c) (19.8%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,055,000 | $ | 2,055,000 | $ | 2,055,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,055,000) | 2,055,000 | |||||||
Collateral for Securities Loaned(d) (0.4%) |
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 39,696 | $ | 39,696 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $39,696) | 39,696 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $7,499,805)—100.2% | 10,412,681 | |||||||
Net other assets (liabilities)—(0.2)% | (18,078 | ) | ||||||
NET ASSETS—100.0% | $ | 10,394,603 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $42,506. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,520,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Consumer Goods Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 3,829,191 | $ | (7,426 | ) | |||||||
Dow Jones U.S. Consumer Goods Index | UBS AG | 2/23/22 | 0.43 | % | 3,456,895 | (9,934 | ) | |||||||||
$ | 7,286,086 | $ | (17,360 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Consumer Goods UltraSector ProFund :: 51
Consumer Goods UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | ||||||
Auto Components | $ | 193,067 | 1.9 | % | |||
Automobiles | 2,151,805 | 20.7 | % | ||||
Beverages | 1,359,835 | 13.1 | % | ||||
Distributors | 85,496 | 0.8 | % | ||||
Entertainment | 297,643 | 2.9 | % | ||||
Food & Staples Retailing | 32,531 | 0.3 | % | ||||
Food Products | 953,520 | 9.2 | % | ||||
Household Durables | 337,702 | 3.2 | % | ||||
Household Products | 1,248,798 | 12.0 | % | ||||
Leisure Products | 111,599 | 1.1 | % | ||||
Machinery | 64,271 | 0.6 | % | ||||
Personal Products | 179,067 | 1.7 | % | ||||
Textiles, Apparel & Luxury Goods | 730,749 | 7.0 | % | ||||
Tobacco | 571,902 | 5.5 | % | ||||
Other** | 2,076,618 | 20.0 | % | ||||
Total | $ | 10,394,603 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
52 :: Consumer Services UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (79.4%)
Shares | Value | |||||||
Advance Auto Parts, Inc. (Specialty Retail) | 455 | $ | 105,337 | |||||
Airbnb, Inc.*—Class A (Hotels, Restaurants & Leisure) | 2,500 | 384,925 | ||||||
Alaska Air Group, Inc.* (Airlines) | 904 | 49,485 | ||||||
Albertsons Cos., Inc.—Class A (Food & Staples Retailing) | 706 | 19,874 | ||||||
Altice USA, Inc.* (Media) | 1,627 | 23,461 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 3,142 | 9,399,198 | ||||||
AMC Entertainment Holdings, Inc.*(a) (Entertainment) | 3,704 | 59,486 | ||||||
AMERCO (Road & Rail) | 71 | 43,235 | ||||||
American Airlines Group, Inc.* (Airlines) | 4,666 | 76,849 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 1,106 | 25,250 | ||||||
AmerisourceBergen Corp. (Health Care Providers & Services) | 1,078 | 146,824 | ||||||
Aramark (Hotels, Restaurants & Leisure) | 1,838 | 63,025 | ||||||
AutoNation, Inc.* (Specialty Retail) | 288 | 31,392 | ||||||
AutoZone, Inc.* (Specialty Retail) | 151 | 299,939 | ||||||
Bath & Body Works, Inc. (Specialty Retail) | 1,906 | 106,869 | ||||||
Best Buy Co., Inc. (Specialty Retail) | 1,595 | 158,352 | ||||||
BJ’s Wholesale Club Holdings, Inc.* (Food & Staples Retailing) | 984 | 60,486 | ||||||
Booking Holdings, Inc.* (Hotels, Restaurants & Leisure) | 296 | 727,014 | ||||||
Boyd Gaming Corp.* (Hotels, Restaurants & Leisure) | 591 | 35,141 | ||||||
Bright Horizons Family Solutions, Inc.* (Diversified Consumer Services) | 435 | 55,858 | ||||||
Burlington Stores, Inc.* (Specialty Retail) | 481 | 113,963 | ||||||
Cable One, Inc. (Media) | 36 | 55,610 | ||||||
Caesars Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 1,541 | 117,332 | ||||||
Cardinal Health, Inc. (Health Care Providers & Services) | 2,030 | 104,687 | ||||||
CarMax, Inc.* (Specialty Retail) | 1,169 | 129,958 | ||||||
Carnival Corp.*—Class A (Hotels, Restaurants & Leisure) | 5,796 | 114,819 | ||||||
Carvana Co.* (Specialty Retail) | 616 | 99,829 | ||||||
Casey’s General Stores, Inc. (Food & Staples Retailing) | 267 | 50,145 | ||||||
Charter Communications, Inc.*—Class A (Media) | 892 | 529,260 | ||||||
Chegg, Inc.* (Diversified Consumer Services) | 1,044 | 27,635 | ||||||
Chipotle Mexican Grill, Inc.* (Hotels, Restaurants & Leisure) | 203 | 301,573 | ||||||
Choice Hotels International, Inc. (Hotels, Restaurants & Leisure) | 236 | 33,842 | ||||||
Churchill Downs, Inc. (Hotels, Restaurants & Leisure) | 247 | 51,944 | ||||||
Comcast Corp.—Class A (Media) | 32,866 | 1,642,972 | ||||||
ContextLogic, Inc.*—Class A (Internet & Direct Marketing Retail) | 2,411 | 6,389 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 1,538 | 198,786 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 3,183 | 1,607,829 | ||||||
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 170 | 20,254 | ||||||
Darden Restaurants, Inc. (Hotels, Restaurants & Leisure) | 934 | 130,639 | ||||||
Delta Air Lines, Inc.* (Airlines) | 4,611 | 183,011 | ||||||
Dick’s Sporting Goods, Inc. (Specialty Retail) | 467 | 53,892 | ||||||
Discovery, Inc.*(a) (Media) | 1,218 | 33,994 | ||||||
Discovery, Inc.*(a)—Class C (Media) | 2,188 | 59,842 | ||||||
DISH Network Corp.*—Class A (Media) | 1,798 | 56,457 | ||||||
Dollar General Corp. (Multiline Retail) | 1,681 | 350,455 | ||||||
Dollar Tree, Inc.* (Multiline Retail) | 1,622 | 212,839 | ||||||
Domino’s Pizza, Inc. (Hotels, Restaurants & Leisure) | 263 | 119,573 | ||||||
DraftKings, Inc.*—Class A (Hotels, Restaurants & Leisure) | 2,401 | 53,038 | ||||||
Endeavor Group Holdings, Inc.*—Class A (Entertainment) | 151 | 4,737 | ||||||
Expedia Group, Inc.* (Hotels, Restaurants & Leisure) | 1,052 | 192,821 | ||||||
Five Below, Inc.* (Specialty Retail) | 403 | 66,092 | ||||||
Floor & Decor Holdings, Inc.* (Specialty Retail) | 761 | 82,736 | ||||||
Foot Locker, Inc. (Specialty Retail) | 650 | 29,042 | ||||||
Fox Corp.—Class A (Media) | 2,308 | 93,728 | ||||||
Fox Corp.—Class B (Media) | 1,058 | 39,336 | ||||||
frontdoor, Inc.*—Class A (Diversified Consumer Services) | 610 | 22,143 | ||||||
GameStop Corp.*(a)—Class A (Specialty Retail) | 446 | 48,583 | ||||||
Grand Canyon Education, Inc.* (Diversified Consumer Services) | 289 | 24,184 | ||||||
H&R Block, Inc. (Diversified Consumer Services) | 1,264 | 28,895 | ||||||
Hilton Worldwide Holdings, Inc.* (Hotels, Restaurants & Leisure) | 2,008 | 291,381 | ||||||
Hyatt Hotels Corp.*—Class A (Hotels, Restaurants & Leisure) | 363 | 33,254 | ||||||
IAA, Inc.* (Commercial Services & Supplies) | 971 | 44,598 | ||||||
IHS Markit, Ltd. (Professional Services) | 2,874 | 335,654 | ||||||
JetBlue Airways Corp.* (Airlines) | 2,291 | 33,517 | ||||||
Joby Aviation, Inc.* (Airlines) | 1,916 | 7,951 | ||||||
Kohl’s Corp. (Multiline Retail) | 1,084 | 64,726 | ||||||
Las Vegas Sands Corp.* (Hotels, Restaurants & Leisure) | 2,478 | 108,536 | ||||||
Liberty Broadband Corp.*—Class A (Media) | 169 | 24,733 | ||||||
Liberty Broadband Corp.*—Class C (Media) | 1,019 | 151,231 | ||||||
Liberty Media Corp-Liberty Formula One*— Class A (Entertainment) | 163 | 8,932 | ||||||
Liberty Media Corp-Liberty Formula One*— Class C (Entertainment) | 1,467 | 88,357 | ||||||
Liberty Media Corp-Liberty SiriusXM*—Class A (Media) | 569 | 26,316 | ||||||
Liberty Media Corp-Liberty SiriusXM*—Class C (Media) | 1,152 | 53,603 | ||||||
Lithia Motors, Inc.—Class A (Specialty Retail) | 218 | 63,684 | ||||||
Live Nation Entertainment, Inc.* (Entertainment) | 973 | 106,553 | ||||||
LiveRamp Holdings, Inc.* (IT Services) | 491 | 21,923 | ||||||
LKQ Corp. (Distributors) | 1,933 | 106,102 | ||||||
Lowe’s Cos., Inc. (Specialty Retail) | 4,989 | 1,184,139 | ||||||
Lyft, Inc.* (Road & Rail) | 2,130 | 82,048 | ||||||
Marriott International, Inc.*—Class A (Hotels, Restaurants & Leisure) | 1,972 | 317,752 | ||||||
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | 306 | 49,688 | ||||||
McDonald’s Corp. (Hotels, Restaurants & Leisure) | 5,384 | 1,396,880 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Consumer Services UltraSector ProFund :: 53
Common Stocks, continued
Shares | Value | |||||||
MGM Resorts International (Hotels, Restaurants & Leisure) | 2,804 | $ | 119,787 | |||||
Murphy USA, Inc. (Specialty Retail) | 171 | 33,629 | ||||||
National Vision Holdings, Inc.* (Specialty Retail) | 596 | 24,364 | ||||||
Netflix, Inc.* (Entertainment) | 3,192 | 1,363,431 | ||||||
News Corp.—Class A (Media) | 2,831 | 62,961 | ||||||
News Corp.—Class B (Media) | 876 | 19,482 | ||||||
Nexstar Media Group, Inc.—Class A (Media) | 294 | 48,622 | ||||||
Norwegian Cruise Line Holdings, Ltd.* (Hotels, Restaurants & Leisure) | 2,666 | 55,533 | ||||||
Ollie’s Bargain Outlet Holdings, Inc.* (Multiline Retail) | 436 | 20,902 | ||||||
Omnicom Group, Inc. (Media) | 1,532 | 115,452 | ||||||
O’Reilly Automotive, Inc.* (Specialty Retail) | 486 | 316,751 | ||||||
Penn National Gaming, Inc.* (Hotels, Restaurants & Leisure) | 1,197 | 54,595 | ||||||
Penske Automotive Group, Inc. (Specialty Retail) | 220 | 22,359 | ||||||
Petco Health & Wellness Co., Inc.* (Specialty Retail) | 587 | 11,006 | ||||||
Pinterest, Inc.*—Class A (Interactive Media & Services) | 4,055 | 119,866 | ||||||
Planet Fitness, Inc.* (Hotels, Restaurants & Leisure) | 600 | 53,184 | ||||||
Qurate Retail, Inc.—Class A (Internet & Direct Marketing Retail) | 2,575 | 18,102 | ||||||
RH* (Specialty Retail) | 126 | 50,755 | ||||||
Roku, Inc.* (Entertainment) | 849 | 139,278 | ||||||
Rollins, Inc. (Commercial Services & Supplies) | 1,630 | 50,286 | ||||||
Ross Stores, Inc. (Specialty Retail) | 2,562 | 250,436 | ||||||
Royal Caribbean Cruises, Ltd.* (Hotels, Restaurants & Leisure) | 1,616 | 125,741 | ||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure) | 695 | 40,102 | ||||||
Service Corp. International (Diversified Consumer Services) | 1,189 | 73,385 | ||||||
Sirius XM Holdings, Inc.(a) (Media) | 6,629 | 42,160 | ||||||
Southwest Airlines Co.* (Airlines) | 4,265 | 190,902 | ||||||
Sprouts Farmers Market, Inc.* (Food & Staples Retailing) | 808 | 21,929 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 8,503 | 836,015 | ||||||
Stitch Fix, Inc.*—Class A (Internet & Direct Marketing Retail) | 597 | 9,809 | ||||||
Sysco Corp. (Food & Staples Retailing) | 3,695 | 288,764 | ||||||
Target Corp. (Multiline Retail) | 3,517 | 775,252 | ||||||
TEGNA, Inc. (Media) | 1,593 | 30,840 | ||||||
Terminix Global Holdings, Inc.* (Diversified Consumer Services) | 873 | 37,661 | ||||||
Texas Roadhouse, Inc.—Class A (Hotels, Restaurants & Leisure) | 502 | 42,866 | ||||||
The Gap, Inc. (Specialty Retail) | 1,544 | 27,900 | ||||||
The Home Depot, Inc. (Specialty Retail) | 7,604 | 2,790,516 | ||||||
The Interpublic Group of Cos., Inc. (Media) | 2,837 | 100,827 | ||||||
The Kroger Co. (Food & Staples Retailing) | 4,876 | 212,545 | ||||||
The Madison Square Garden Co.*—Class A (Entertainment) | 124 | 20,593 | ||||||
The New York Times Co.—Class A (Media) | 1,204 | 48,196 | ||||||
The TJX Cos., Inc. (Specialty Retail) | 8,666 | 623,692 | ||||||
The Walt Disney Co.* (Entertainment) | 13,094 | 1,872,049 | ||||||
The Wendy’s Co. (Hotels, Restaurants & Leisure) | 1,271 | 29,271 | ||||||
Tractor Supply Co. (Specialty Retail) | 820 | 179,014 | ||||||
TripAdvisor, Inc.* (Interactive Media & Services) | 713 | 19,358 | ||||||
Uber Technologies, Inc.* (Road & Rail) | 12,022 | 449,623 | ||||||
Ulta Beauty, Inc.* (Specialty Retail) | 391 | 142,222 | ||||||
United Airlines Holdings , Inc.* (Airlines) | 2,334 | 100,082 | ||||||
Vail Resorts, Inc. (Hotels, Restaurants & Leisure) | 291 | 80,636 | ||||||
ViacomCBS, Inc.—Class A (Media) | 64 | 2,341 | ||||||
ViacomCBS, Inc.—Class B (Media) | 4,371 | 146,210 | ||||||
Victoria’s Secret & Co.* (Specialty Retail) | 522 | 29,143 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 5,177 | 257,608 | ||||||
Walmart, Inc. (Food & Staples Retailing) | 10,248 | 1,432,773 | ||||||
Warner Music Group Corp.—Class A (Entertainment) | 793 | 33,703 | ||||||
Wayfair, Inc.*—Class A (Internet & Direct Marketing Retail) | 561 | 87,471 | ||||||
Williams-Sonoma, Inc. (Specialty Retail) | 537 | 86,210 | ||||||
World Wrestling Entertainment, Inc.—Class A (Entertainment) | 322 | 16,081 | ||||||
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 672 | 56,414 | ||||||
Wynn Resorts, Ltd.* (Hotels, Restaurants & Leisure) | 758 | 64,771 | ||||||
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 2,113 | 264,484 | ||||||
ZoomInfo Technologies, Inc.*—Class A (Interactive Media & Services) | 2,179 | 115,182 | ||||||
TOTAL COMMON STOCKS (Cost $11,647,531) | 38,321,544 |
Repurchase Agreements(b)(c) (19.3%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $9,346,000 | $ | 9,346,000 | $ | 9,346,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $9,346,000) | 9,346,000 |
Collateral for Securities Loaned(d) (0.4%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 215,826 | $ | 215,826 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $215,826) | 215,826 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $21,209,357)—99.1% | 47,883,370 | |||||||
Net other assets (liabilities)—0.9% | 432,284 | |||||||
NET ASSETS—100.0% | $ | 48,315,654 |
See accompanying notes to the financial statements.
54 :: Consumer Services UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $218,661. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $6,201,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Consumer Services Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 17,570,948 | $ | 366,600 | ||||||||
Dow Jones U.S. Consumer Services Index | UBS AG | 2/23/22 | 0.43 | % | 16,533,769 | 312,327 | ||||||||||
$ | 34,104,717 | $ | 678,927 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Consumer Services UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Airlines | $ | 641,797 | 1.3 | % | ||||
Commercial Services & Supplies | 293,670 | 0.6 | % | |||||
Distributors | 106,102 | 0.2 | % | |||||
Diversified Consumer Services | 269,761 | 0.6 | % | |||||
Entertainment | 3,713,200 | 7.7 | % | |||||
Food & Staples Retailing | 3,951,953 | 8.2 | % | |||||
Health Care Providers & Services | 251,511 | 0.5 | % | |||||
Hotels, Restaurants & Leisure | 6,366,830 | 13.2 | % | |||||
Interactive Media & Services | 254,406 | 0.5 | % | |||||
Internet & Direct Marketing Retail | 9,520,970 | 19.8 | % | |||||
IT Services | 21,923 | NM | ||||||
Media | 3,407,634 | 7.1 | % | |||||
Multiline Retail | 1,424,173 | 2.9 | % | |||||
Professional Services | 335,654 | 0.7 | % | |||||
Road & Rail | 574,906 | 1.2 | % | |||||
Specialty Retail | 7,187,054 | 14.9 | % | |||||
Other** | 9,994,110 | 20.6 | % | |||||
Total | $ | 48,315,654 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Europe 30 ProFund :: 55
Common Stocks (100.8%)
Shares | Value | |||||||
Anheuser-Busch InBev N.V.ADR (Beverages) | 2,052 | $ | 129,420 | |||||
ArcelorMittal SANYS—Class A (Metals & Mining) | 2,215 | 65,698 | ||||||
Argenx SE*ADR (Biotechnology) | 184 | 49,544 | ||||||
ASML Holding N.V.NYS (Semiconductors & Semiconductor Equipment) | 231 | 156,433 | ||||||
AstraZeneca PLCADR (Pharmaceuticals) | 2,238 | 130,274 | ||||||
Barclays PLCADR (Banks) | 7,854 | 85,530 | ||||||
BP PLCADR (Oil, Gas & Consumable Fuels) | 3,925 | 121,361 | ||||||
British American Tobacco PLCADR (Tobacco) | 2,718 | 116,792 | ||||||
Diageo PLCADR (Beverages) | 582 | 118,699 | ||||||
Endava PLC*ADR (IT Services) | 380 | 46,216 | ||||||
Equinor ASAADR (Oil, Gas & Consumable Fuels) | 3,855 | 106,205 | ||||||
GlaxoSmithKline PLCADR (Pharmaceuticals) | 2,660 | 119,221 | ||||||
HSBC Holdings PLCADR (Banks) | 4,118 | 146,477 | ||||||
ING Groep N.V.ADR (Banks) | 6,158 | 91,138 | ||||||
Jumia Technologies AG*ADR (Internet & Direct Marketing Retail) | 4,516 | 39,515 | ||||||
Just Eat Takeaway.com NV*ADR(a) (Internet & Direct Marketing Retail) | 5,720 | 56,628 | ||||||
Nokia Corp.*ADR (Communications Equipment) | 12,112 | 71,461 | ||||||
NOVO Nordisk A/SADR (Pharmaceuticals) | 1,140 | 113,852 | ||||||
Oatly Group AB*ADR (Food Products) | 7,143 | 50,787 | ||||||
Orphazyme A/S*ADR (Biotechnology) | 18,247 | 36,129 | ||||||
Rio Tinto PLCADR (Metals & Mining) | 1,763 | 125,878 | ||||||
Ryanair Holdings PLC*ADR (Airlines) | 649 | 72,441 | ||||||
SanofiADR (Pharmaceuticals) | 2,412 | 125,424 | ||||||
SAP SEADR (Software) | 1,090 | 136,479 | ||||||
Shell PLC*ADR (Oil, Gas & Consumable Fuels) | 3,446 | 177,125 | ||||||
Telefonaktiebolaget LM EricssonADR (Communications Equipment) | 6,912 | 85,570 | ||||||
Tenaris S.A.ADR (Energy Equipment & Services) | 2,946 | 71,823 | ||||||
Ternium S.A.ADR (Metals & Mining) | 1,397 | 56,271 | ||||||
TOTAL S.A.ADR (Oil, Gas & Consumable Fuels) | 2,584 | 146,771 | ||||||
Vodafone Group PLCADR (Wireless Telecommunication Services) | 5,080 | 88,951 | ||||||
TOTAL COMMON STOCKS (Cost $1,903,476) | 2,938,113 | |||||||
Collateral for Securities Loaned(b) (1.0%) | ||||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(c) | 28,340 | 28,340 | ||||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $28,340) | 28,340 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $1,931,816)—101.8% | 2,966,453 | |||||||
Net other assets (liabilities)—(1.8)% | (53,089 | ) | ||||||
NET ASSETS—100.0% | $ | 2,913,364 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $28,057. |
(b) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(c) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
NYS | New York Shares |
ADR | American Depositary Receipt |
Europe 30 ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Airlines | $ | 72,441 | 2.5 | % | ||||
Banks | 323,146 | 11.1 | % | |||||
Beverages | 248,119 | 8.5 | % | |||||
Biotechnology | 85,673 | 2.9 | % | |||||
Communications Equipment | 157,031 | 5.4 | % | |||||
Energy Equipment & Services | 71,823 | 2.5 | % | |||||
Food Products | 50,787 | 1.7 | % | |||||
Internet & Direct Marketing Retail | 96,143 | 3.3 | % | |||||
IT Services | 46,216 | 1.6 | % | |||||
Metals & Mining | 247,846 | 8.5 | % | |||||
Oil, Gas & Consumable Fuels | 551,462 | 18.9 | % | |||||
Pharmaceuticals | 488,771 | 16.8 | % | |||||
Semiconductors & Semiconductor Equipment | 156,433 | 5.4 | % | |||||
Software | 136,479 | 4.7 | % | |||||
Tobacco | 116,792 | 4.0 | % | |||||
Wireless Telecommunication Services | 88,951 | 3.0 | % | |||||
Other** | (24,749 | ) | (0.8 | )% | ||||
Total | $ | 2,913,364 | 100.0 | % |
Europe 30 ProFund invested in securities with exposure to the following countries as of January 31, 2022:
Value | % of Net Assets | |||||||
Belgium | $ | 129,420 | 4.4 | % | ||||
Denmark | 149,981 | 5.2 | % | |||||
Finland | 71,461 | 2.5 | % | |||||
France | 272,195 | 9.3 | % | |||||
Germany | 175,994 | 6.0 | % | |||||
Ireland | 72,441 | 2.5 | % | |||||
Luxembourg | 193,792 | 6.7 | % | |||||
Netherlands | 530,868 | 18.2 | % | |||||
Norway | 106,205 | 3.7 | % | |||||
Sweden | 136,357 | 4.7 | % | |||||
United Kingdom | 1,099,399 | 37.6 | % | |||||
Other** | (24,749 | ) | (0.8 | )% | ||||
Total | $ | 2,913,364 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
56 :: Falling U.S. Dollar ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a) (100.6%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,135,000 | $ | 1,135,000 | $ | 1,135,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,135,000) | 1,135,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $1,135,000)—100.6% | 1,135,000 | |||||||
Net other assets (liabilities)—(0.6)% | (6,721 | ) | ||||||
NET ASSETS—100.0% | $ | 1,128,279 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of forward currency contract counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $319,000. |
As of January 31, 2022, the Falling U.S. Dollar ProFund’s forward currency contracts with Goldman Sachs International, were as follows:
Description and amount of currency purchased | Description and amount of currency sold | Delivery Date | Fair Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||
Long: | ||||||||||||||||||||
British pound | 47,169 | U.S. dollar | $ | 64,562 | 2/4/22 | $ | 63,426 | $ | (1,136 | ) | ||||||||||
Canadian dollar | 72,431 | U.S. dollar | 57,882 | 2/4/22 | 56,987 | (895 | ) | |||||||||||||
Euro | 234,852 | U.S. dollar | 268,356 | 2/4/22 | 263,829 | (4,527 | ) | |||||||||||||
Japanese yen | 5,341,282 | U.S. dollar | 46,481 | 2/4/22 | 46,423 | (58 | ) | |||||||||||||
Swedish krona | 107,923 | U.S. dollar | 12,045 | 2/4/22 | 11,579 | (466 | ) | |||||||||||||
Swiss franc | 12,494 | U.S. dollar | 13,660 | 2/4/22 | 13,487 | (173 | ) | |||||||||||||
Total Long Contracts | $ | 462,986 | $ | 455,731 | $ | (7,255 | ) |
As of January 31, 2022, the Falling U.S. Dollar ProFund’s forward currency contracts with UBS AG, were as follows:
Description and amount of currency purchased | Description and amount of currency sold | Delivery Date | Fair Value | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||
Short: | ||||||||||||||||||||
U.S. dollar | $ | 27,635 | British pound | 20,381 | 2/4/22 | $ | 27,405 | $ | 230 | |||||||||||
U.S. dollar | 22,818 | Canadian dollar | 28,633 | 2/4/22 | 22,528 | 290 | ||||||||||||||
U.S. dollar | 128,568 | Euro | 113,872 | 2/4/22 | 127,922 | 646 | ||||||||||||||
U.S. dollar | 33,682 | Japanese yen | 3,858,545 | 2/4/22 | 33,536 | 146 | ||||||||||||||
U.S. dollar | 8,524 | Swedish krona | 78,506 | 2/4/22 | 8,423 | 101 | ||||||||||||||
U.S. dollar | 8,013 | Swiss franc | 7,367 | 2/4/22 | 7,952 | 61 | ||||||||||||||
Total Short Contracts | $ | 229,240 | $ | 227,766 | $ | 1,474 | ||||||||||||||
Long: | ||||||||||||||||||||
British pound | 72,453 | U.S. dollar | $ | 99,007 | 2/4/22 | $ | 97,425 | $ | (1,582 | ) | ||||||||||
Canadian dollar | 85,999 | U.S. dollar | 68,639 | 2/4/22 | 67,662 | (977 | ) | |||||||||||||
Euro | 455,902 | U.S. dollar | 520,125 | 2/4/22 | 512,154 | (7,971 | ) | |||||||||||||
Japanese yen | 15,999,935 | U.S. dollar | 139,331 | 2/4/22 | 139,062 | (269 | ) | |||||||||||||
Swedish krona | 413,432 | U.S. dollar | 45,969 | 2/4/22 | 44,356 | (1,613 | ) | |||||||||||||
Swiss franc | 32,267 | U.S. dollar | 35,210 | 2/4/22 | 34,830 | (380 | ) | |||||||||||||
Total Long Contracts | $ | 908,281 | $ | 895,489 | $ | (12,792 | ) | |||||||||||||
Total unrealized appreciation | $ | 1,474 | ||||||||||||||||||
Total unrealized (depreciation) | (20,046 | ) | ||||||||||||||||||
Total net unrealized appreciation/(depreciation) | $ | (18,572 | ) |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Financials UltraSector ProFund :: 57
Common Stocks (79.6%)
Shares | Value | |||||||
Affiliated Managers Group, Inc. (Capital Markets) | 38 | $ | 5,556 | |||||
Aflac, Inc. (Insurance) | 578 | 36,310 | ||||||
AGNC Investment Corp. (Mortgage Real Estate Investment Trusts) | 500 | 7,445 | ||||||
Alexandria Real Estate Equities, Inc. (Equity Real Estate Investment Trusts) | 134 | 26,109 | ||||||
Alleghany Corp.* (Insurance) | 13 | 8,632 | ||||||
Ally Financial, Inc. (Consumer Finance) | 330 | 15,748 | ||||||
American Campus Communities, Inc. (Equity Real Estate Investment Trusts) | 132 | 6,898 | ||||||
American Express Co. (Consumer Finance) | 596 | 107,172 | ||||||
American Financial Group, Inc. (Insurance) | 63 | 8,208 | ||||||
American Homes 4 Rent—Class A (Equity Real Estate Investment Trusts) | 269 | 10,526 | ||||||
American International Group, Inc. (Insurance) | 788 | 45,507 | ||||||
American Tower Corp. (Equity Real Estate Investment Trusts) | 433 | 108,899 | ||||||
Americold Realty Trust (Equity Real Estate Investment Trusts) | 253 | 7,198 | ||||||
Ameriprise Financial, Inc. (Capital Markets) | 106 | 32,257 | ||||||
Annaly Capital Management, Inc. (Mortgage Real Estate Investment Trusts) | 1,381 | 10,909 | ||||||
Aon PLC (Insurance) | 210 | 58,051 | ||||||
Apartment Income REIT Corp. (Equity Real Estate Investment Trusts) | 149 | 7,870 | ||||||
Apollo Global Management, Inc. (Diversified Financial Services) | 351 | 24,570 | ||||||
Arch Capital Group, Ltd.* (Insurance) | 368 | 17,046 | ||||||
Ares Management Corp.—Class A (Capital Markets) | 160 | 12,755 | ||||||
Arthur J. Gallagher & Co. (Insurance) | 197 | 31,114 | ||||||
Assurant, Inc. (Insurance) | 54 | 8,236 | ||||||
AvalonBay Communities, Inc. (Equity Real Estate Investment Trusts) | 132 | 32,238 | ||||||
Axis Capital Holdings, Ltd. (Insurance) | 74 | 4,217 | ||||||
Bank of America Corp. (Banks) | 6,847 | 315,920 | ||||||
Bank OZK (Banks) | 115 | 5,388 | ||||||
Berkshire Hathaway, Inc.*—Class B (Diversified Financial Services) | 1,740 | 544,654 | ||||||
BlackRock, Inc.—Class A (Capital Markets) | 136 | 111,920 | ||||||
Blackstone Group, Inc.—Class A (Capital Markets) | 653 | 86,176 | ||||||
Blackstone Mortgage Trust, Inc.—Class A (Mortgage Real Estate Investment Trusts) | 159 | 4,996 | ||||||
Blue Owl Capital, Inc. (Capital Markets) | 317 | 3,940 | ||||||
BOK Financial Corp. (Banks) | 30 | 3,077 | ||||||
Boston Properties, Inc. (Equity Real Estate Investment Trusts) | 135 | 15,131 | ||||||
Brighthouse Financial, Inc.* (Insurance) | 76 | 4,138 | ||||||
Brixmor Property Group, Inc. (Equity Real Estate Investment Trusts) | 283 | 7,177 | ||||||
Brown & Brown, Inc. (Insurance) | 223 | 14,780 | ||||||
Camden Property Trust (Equity Real Estate Investment Trusts) | 97 | 15,529 | ||||||
Capital One Financial Corp. (Consumer Finance) | 404 | 59,279 | ||||||
Cboe Global Markets, Inc. (Capital Markets) | 101 | 11,972 | ||||||
CBRE Group, Inc.*—Class A (Real Estate Management & Development) | 318 | 32,226 | ||||||
Chubb, Ltd. (Insurance) | 409 | 80,687 | ||||||
Cincinnati Financial Corp. (Insurance) | 143 | 16,850 | ||||||
Citigroup, Inc. (Banks) | 1,885 | 122,750 | ||||||
Citizens Financial Group, Inc. (Banks) | 405 | 20,845 | ||||||
CME Group, Inc. (Capital Markets) | 341 | 78,260 | ||||||
CNA Financial Corp. (Insurance) | 25 | 1,148 | ||||||
Coinbase Global, Inc.*—Class A (Capital Markets) | 29 | 5,514 | ||||||
Comerica, Inc. (Banks) | 125 | 11,598 | ||||||
Commerce Bancshares, Inc. (Banks) | 105 | 7,236 | ||||||
Compass, Inc.*—Class A (Real Estate Management & Development) | 31 | 266 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 106 | 2,678 | ||||||
CoStar Group, Inc.* (Professional Services) | 374 | 26,240 | ||||||
Cousins Properties, Inc. (Equity Real Estate Investment Trusts) | 140 | 5,398 | ||||||
Credit Acceptance Corp.* (Consumer Finance) | 8 | 4,316 | ||||||
Crown Castle International Corp. (Equity Real Estate Investment Trusts) | 410 | 74,828 | ||||||
CubeSmart (Equity Real Estate Investment Trusts) | 206 | 10,452 | ||||||
Cullen/Frost Bankers, Inc. (Banks) | 54 | 7,615 | ||||||
CyrusOne, Inc. (Equity Real Estate Investment Trusts) | 120 | 10,782 | ||||||
Digital Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 269 | 40,143 | ||||||
Discover Financial Services (Consumer Finance) | 279 | 32,294 | ||||||
Douglas Emmett, Inc. (Equity Real Estate Investment Trusts) | 167 | 5,214 | ||||||
Duke Realty Corp. (Equity Real Estate Investment Trusts) | 361 | 20,859 | ||||||
East West Bancorp, Inc. (Banks) | 134 | 11,570 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 38 | 7,597 | ||||||
Enstar Group, Ltd.* (Insurance) | 12 | 3,181 | ||||||
Equinix, Inc. (Equity Real Estate Investment Trusts) | 86 | 62,340 | ||||||
Equitable Holdings, Inc. (Diversified Financial Services) | 358 | 12,043 | ||||||
Equity Commonwealth* (Equity Real Estate Investment Trusts) | 116 | 3,021 | ||||||
Equity LifeStyle Properties, Inc. (Equity Real Estate Investment Trusts) | 163 | 12,761 | ||||||
Equity Residential (Equity Real Estate Investment Trusts) | 324 | 28,749 | ||||||
Erie Indemnity Co.—Class A (Insurance) | 24 | 4,418 | ||||||
Essent Group, Ltd. (Thrifts & Mortgage Finance) | 105 | 4,792 | ||||||
Essex Property Trust, Inc. (Equity Real Estate Investment Trusts) | 61 | 20,283 | ||||||
Everest Re Group, Ltd. (Insurance) | 37 | 10,486 | ||||||
Extra Space Storage, Inc. (Equity Real Estate Investment Trusts) | 127 | 25,170 | ||||||
F.N.B. Corp. (Banks) | 322 | 4,160 | ||||||
FactSet Research Systems, Inc. (Capital Markets) | 36 | 15,188 | ||||||
Federal Realty Investment Trust (Equity Real Estate Investment) | 67 | 8,542 | ||||||
Federated Hermes, Inc.—Class B (Capital Markets) | 92 | 3,046 |
See accompanying notes to the financial statements.
58 :: Financials UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Fifth Third Bancorp (Banks) | 650 | $ | 29,010 | |||||
First American Financial Corp. (Insurance) | 104 | 7,749 | ||||||
First Citizens BancShares, Inc.—Class A (Banks) | 12 | 9,349 | ||||||
First Financial Bankshares, Inc. (Banks) | 122 | 5,733 | ||||||
First Horizon Corp. (Banks) | 516 | 8,824 | ||||||
First Industrial Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 125 | 7,598 | ||||||
First Republic Bank (Banks) | 170 | 29,510 | ||||||
FirstCash Holdings, Inc. (Consumer Finance) | 38 | 2,649 | ||||||
FNF Group (Insurance) | 270 | 13,595 | ||||||
Franklin Resources, Inc. (Capital Markets) | 267 | 8,536 | ||||||
Gaming & Leisure Properties, Inc. (Equity Real Estate Investment Trusts) | 217 | 9,804 | ||||||
Glacier Bancorp, Inc. (Banks) | 104 | 5,401 | ||||||
Globe Life, Inc. (Insurance) | 89 | 9,105 | ||||||
Hartford Financial Services Group, Inc. (Insurance) | 323 | 23,214 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 140 | 4,343 | ||||||
Healthcare Trust of America, Inc.—Class A (Equity Real Estate Investment Trusts) | 210 | 6,836 | ||||||
Healthpeak Properties, Inc. (Equity Real Estate Investment Trusts) | 512 | 18,109 | ||||||
Highwoods Properties, Inc. (Equity Real Estate Investment Trusts) | 99 | 4,269 | ||||||
Home BancShares, Inc. (Banks) | 143 | 3,369 | ||||||
Host Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 680 | 11,791 | ||||||
Houlihan Lokey, Inc. (Capital Markets) | 48 | 5,101 | ||||||
Hudson Pacific Properties, Inc. (Equity Real Estate Investment Trusts) | 145 | 3,426 | ||||||
Huntington Bancshares, Inc. (Banks) | 1,377 | 20,738 | ||||||
Interactive Brokers Group, Inc. (Capital Markets) | 83 | 5,660 | ||||||
Intercontinental Exchange, Inc. (Capital Markets) | 536 | 67,890 | ||||||
Invesco, Ltd. (Capital Markets) | 325 | 7,365 | ||||||
Invitation Homes, Inc. (Equity Real Estate Investment Trusts) | 566 | 23,761 | ||||||
Iron Mountain, Inc. (Equity Real Estate Investment Trusts) | 275 | 12,628 | ||||||
Jackson Financial, Inc.—Class A (Diversified Financial Services) | 89 | 3,415 | ||||||
Janus Henderson Group PLC (Capital Markets) | 162 | 5,978 | ||||||
JBG Smith Properties (Equity Real Estate Investment Trusts) | 110 | 3,014 | ||||||
Jefferies Financial Group, Inc. (Diversified Financial Services) | 187 | 6,852 | ||||||
Jones Lang LaSalle, Inc.* (Real Estate Management & Development) | 48 | 12,038 | ||||||
JPMorgan Chase & Co. (Banks) | 2,808 | 417,268 | ||||||
Kemper Corp. (Insurance) | 57 | 3,419 | ||||||
KeyCorp (Banks) | 884 | 22,153 | ||||||
Kilroy Realty Corp. (Equity Real Estate Investment Trusts) | 99 | 6,336 | ||||||
Kimco Realty Corp. (Equity Real Estate Investment Trusts) | 587 | 14,241 | ||||||
KKR & Co., Inc. (Capital Markets) | 556 | 39,565 | ||||||
Lamar Advertising Co.—Class A (Equity Real Estate Investment Trusts) | 82 | 9,082 | ||||||
Lazard, Ltd.—Class A (Capital Markets) | 107 | 4,669 | ||||||
Life Storage, Inc. (Equity Real Estate Investment Trusts) | 78 | 10,526 | ||||||
Lincoln National Corp. (Insurance) | 162 | 11,337 | ||||||
Loews Corp. (Insurance) | 190 | 11,335 | ||||||
LPL Financial Holdings, Inc. (Capital Markets) | 76 | 13,096 | ||||||
LXP Industrial Trust (Equity Real Estate Investment Trusts) | 271 | 4,035 | ||||||
M&T Bank Corp. (Banks) | 123 | 20,834 | ||||||
Markel Corp.* (Insurance) | 13 | 16,026 | ||||||
MarketAxess Holdings, Inc. (Capital Markets) | 37 | 12,746 | ||||||
Marsh & McLennan Cos., Inc. (Insurance) | 480 | 73,746 | ||||||
Mastercard, Inc.—Class A (IT Services) | 824 | 318,377 | ||||||
Medical Properties Trust, Inc. (Equity Real Estate Investment Trusts) | 568 | 12,928 | ||||||
Mercury General Corp. (Insurance) | 25 | 1,367 | ||||||
MetLife, Inc. (Insurance) | 679 | 45,533 | ||||||
MGIC Investment Corp. (Thrifts & Mortgage Finance) | 311 | 4,721 | ||||||
Mid-America Apartment Communities, Inc. (Equity Real Estate Investment Trusts) | 110 | 22,735 | ||||||
Moody’s Corp. (Capital Markets) | 153 | 52,479 | ||||||
Morgan Stanley (Capital Markets) | 1,364 | 139,865 | ||||||
Morningstar, Inc. (Capital Markets) | 23 | 6,610 | ||||||
MSCI, Inc.—Class A (Capital Markets) | 78 | 41,817 | ||||||
Nasdaq, Inc. (Capital Markets) | 111 | 19,892 | ||||||
National Health Investors, Inc. (Equity Real Estate Investment Trusts) | 43 | 2,487 | ||||||
National Retail Properties, Inc. (Equity Real Estate Investment Trusts) | 167 | 7,411 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 78 | 4,802 | ||||||
New Residential Investment Corp. (Mortgage Real Estate Investment Trusts) | 445 | 4,739 | ||||||
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 444 | 5,177 | ||||||
Northern Trust Corp. (Capital Markets) | 197 | 22,978 | ||||||
Old Republic International Corp. (Insurance) | 271 | 6,946 | ||||||
Omega Healthcare Investors, Inc. (Equity Real Estate Investment Trusts) | 227 | 7,146 | ||||||
Onemain Holdings, Inc. (Consumer Finance) | 106 | 5,476 | ||||||
Opendoor Technologies, Inc.* (Real Estate Management & Development) | 368 | 3,654 | ||||||
Orion Office REIT, Inc.* (Equity Real Estate Investment Trusts) | 52 | 865 | ||||||
People’s United Financial, Inc. (Banks) | 407 | 7,888 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 211 | 3,853 | ||||||
Pinnacle Financial Partners, Inc. (Banks) | 72 | 6,963 | ||||||
Popular, Inc. (Banks) | 76 | 6,777 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 64 | 3,443 | ||||||
Primerica, Inc. (Insurance) | 37 | 5,711 | ||||||
Principal Financial Group, Inc. (Insurance) | 235 | 17,169 | ||||||
PROG Holdings, Inc.* (Consumer Finance) | 54 | 2,150 | ||||||
Prologis, Inc. (Equity Real Estate Investment Trusts) | 703 | 110,243 | ||||||
Prosperity Bancshares, Inc. (Banks) | 89 | 6,519 | ||||||
Prudential Financial, Inc. (Insurance) | 359 | 40,054 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 19 | 3,172 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Financials UltraSector ProFund :: 59
Common Stocks, continued
Shares | Value | |||||||
Public Storage (Equity Real Estate Investment Trusts) | 146 | $ | 52,344 | |||||
Radian Group, Inc. (Thrifts & Mortgage Finance) | 172 | 3,851 | ||||||
Raymond James Financial, Inc. (Capital Markets) | 175 | 18,527 | ||||||
Rayonier, Inc. (Equity Real Estate Investment Trusts) | 136 | 4,969 | ||||||
Realty Income Corp. (Equity Real Estate Investment Trusts) | 538 | 37,343 | ||||||
Redfin Corp.* (Real Estate Management & Development) | 100 | 2,957 | ||||||
Regency Centers Corp. (Equity Real Estate Investment Trusts) | 146 | 10,476 | ||||||
Regions Financial Corp. (Banks) | 907 | 20,807 | ||||||
Reinsurance Group of America, Inc. (Insurance) | 64 | 7,349 | ||||||
RenaissanceRe Holdings, Ltd. (Insurance) | 43 | 6,758 | ||||||
Rexford Industrial Realty, Inc. (Equity Real Estate Investment Trusts) | 145 | 10,610 | ||||||
RLI Corp. (Insurance) | 37 | 3,877 | ||||||
Robinhood Markets, Inc.*—Class A (Capital Markets) | 56 | 792 | ||||||
Rocket Cos., Inc.—Class A (Thrifts & Mortgage Finance) | 130 | 1,643 | ||||||
Ryan Specialty Group Holdings, Inc.*— Class A (Insurance) | 55 | 2,058 | ||||||
S&P Global, Inc. (Capital Markets) | 229 | 95,085 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 220 | 2,994 | ||||||
SBA Communications Corp. (Equity Real Estate Investment Trusts) | 104 | 33,846 | ||||||
SEI Investments Co. (Capital Markets) | 101 | 5,920 | ||||||
Selective Insurance Group, Inc. (Insurance) | 58 | 4,576 | ||||||
Signature Bank (Banks) | 58 | 17,669 | ||||||
Simon Property Group, Inc. (Equity Real Estate Investment Trusts) | 312 | 45,926 | ||||||
SL Green Realty Corp. (Equity Real Estate Investment) | 64 | 4,641 | ||||||
SLM Corp. (Consumer Finance) | 279 | 5,117 | ||||||
SoFi Technologies, Inc.* (Consumer Finance) | 616 | 7,688 | ||||||
Spirit Realty Capital, Inc. (Equity Real Estate Investment Trusts) | 117 | 5,553 | ||||||
STAG Industrial, Inc. (Equity Real Estate Investment Trusts) | 167 | 7,136 | ||||||
Starwood Property Trust, Inc. (Mortgage Real Estate Investment Trusts) | 290 | 7,178 | ||||||
State Street Corp. (Capital Markets) | 348 | 32,886 | ||||||
Stifel Financial Corp. (Capital Markets) | 99 | 7,415 | ||||||
STORE Capital Corp. (Equity Real Estate Investment Trusts) | 233 | 7,388 | ||||||
Sun Communities, Inc. (Equity Real Estate Investment Trusts) | 110 | 20,786 | ||||||
SVB Financial Group* (Banks) | 56 | 32,698 | ||||||
Synchrony Financial (Consumer Finance) | 520 | 22,147 | ||||||
Synovus Financial Corp. (Banks) | 138 | 6,867 | ||||||
T. Rowe Price Group, Inc. (Capital Markets) | 213 | 32,894 | ||||||
TFS Financial Corp. (Thrifts & Mortgage Finance) | 47 | 817 | ||||||
The Allstate Corp. (Insurance) | 274 | 33,064 | ||||||
The Bank of New York Mellon Corp. (Capital Markets) | 722 | 42,786 | ||||||
The Carlyle Group, Inc. (Capital Markets) | 132 | 6,739 | ||||||
The Charles Schwab Corp. (Capital Markets) | 1,428 | 125,236 | ||||||
The Goldman Sachs Group, Inc. (Capital Markets) | 323 | 114,562 | ||||||
The Hanover Insurance Group, Inc. (Insurance) | 33 | 4,553 | ||||||
The Howard Hughes Corp.* (Real Estate Management & Development) | 39 | 3,756 | ||||||
The PNC Financial Services Group, Inc. (Banks) | 403 | 83,013 | ||||||
The Progressive Corp. (Insurance) | 556 | 60,414 | ||||||
The Travelers Cos., Inc. (Insurance) | 234 | 38,886 | ||||||
Tradeweb Markets, Inc.—Class A (Capital Markets) | 100 | 8,477 | ||||||
Truist Financial Corp. (Banks) | 1,268 | 79,656 | ||||||
U.S. Bancorp (Banks) | 1,282 | 74,600 | ||||||
UDR, Inc. (Equity Real Estate Investment Trusts) | 276 | 15,688 | ||||||
UMB Financial Corp. (Banks) | 40 | 3,938 | ||||||
Umpqua Holdings Corp. (Banks) | 207 | 4,198 | ||||||
United Bankshares, Inc. (Banks) | 130 | 4,593 | ||||||
Unum Group (Insurance) | 194 | 4,924 | ||||||
Upstart Holdings, Inc.* (Consumer Finance) | 46 | 5,014 | ||||||
UWM Holdings Corp. (Thrifts & Mortgage Finance) | 86 | 445 | ||||||
Valley National Bancorp (Banks) | 388 | 5,401 | ||||||
Ventas, Inc. (Equity Real Estate Investment Trusts) | 379 | 20,095 | ||||||
VICI Properties, Inc. (Equity Real Estate Investment Trusts) | 598 | 17,115 | ||||||
Virtu Financial, Inc.—Class A (Capital Markets) | 82 | 2,536 | ||||||
Visa, Inc.—Class A (IT Services) | 1,593 | 360,289 | ||||||
Vornado Realty Trust (Equity Real Estate Investment Trusts) | 152 | 6,234 | ||||||
Voya Financial, Inc. (Diversified Financial Services) | 105 | 7,136 | ||||||
W.R. Berkley Corp. (Insurance) | 132 | 11,154 | ||||||
Webster Financial Corp. (Banks) | 171 | 9,715 | ||||||
Wells Fargo & Co. (Banks) | 3,790 | 203,901 | ||||||
Welltower, Inc. (Equity Real Estate Investment Trusts) | 414 | 35,865 | ||||||
Western Alliance Bancorp (Banks) | 99 | 9,820 | ||||||
Weyerhaeuser Co. (Equity Real Estate Investment Trusts) | 713 | 28,827 | ||||||
White Mountains Insurance Group, Ltd. (Insurance) | 3 | 3,123 | ||||||
Willis Towers Watson PLC (Insurance) | 117 | 27,373 | ||||||
Wintrust Financial Corp. (Banks) | 54 | 5,296 | ||||||
WP Carey, Inc. (Equity Real Estate Investment Trusts) | 176 | 13,658 | ||||||
Zillow Group, Inc.*—Class A (Interactive Media & Services) | 35 | 1,745 | ||||||
Zillow Group, Inc.*—Class C (Interactive Media & Services) | 162 | 8,178 | ||||||
Zions Bancorp (Banks) | 148 | 10,037 | ||||||
TOTAL COMMON STOCKS (Cost $3,033,608) | 6,825,743 |
See accompanying notes to the financial statements.
60 :: Financials UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (26.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,269,000 | $ | 2,269,000 | $ | 2,269,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,269,000) | 2,269,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,302,608)—106.0% | 9,094,743 | |||||||
Net other assets (liabilities)—(6.0)% | (512,632 | ) | ||||||
NET ASSETS—100.0% | $ | 8,582,111 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,243,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Financials Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 3,370,542 | $ | 88,644 | ||||||||
Dow Jones U.S. Financials Index | UBS AG | 2/23/22 | 0.73 | % | 2,664,373 | 99,448 | ||||||||||
$ | 6,034,915 | $ | 188,092 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Financials UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Banks | $ | 1,682,704 | 19.6 | % | ||||
Capital Markets | 1,314,686 | 15.3 | % | |||||
Consumer Finance | 269,050 | 3.1 | % | |||||
Diversified Financial Services | 598,670 | 7.0 | % | |||||
Equity Real Estate Investment | 13,183 | 0.2 | % | |||||
Equity Real Estate Investment Trusts | 1,273,587 | 14.9 | % | |||||
Insurance | 847,424 | 9.9 | % | |||||
Interactive Media & Services | 9,923 | 0.1 | % | |||||
IT Services | 678,666 | 7.9 | % | |||||
Mortgage Real Estate Investment Trusts | 35,267 | 0.4 | % | |||||
Professional Services | 26,240 | 0.3 | % | |||||
Real Estate Management & Development | 54,897 | 0.6 | % | |||||
Thrifts & Mortgage Finance | 21,446 | 0.3 | % | |||||
Other** | 1,756,368 | 20.4 | % | |||||
Total | $ | 8,582,111 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Health Care UltraSector ProFund :: 61
Common Stocks (78.6%)
Shares | Value | |||||||
10X Genomics, Inc.*—Class A (Life Sciences Tools & Services) | 264 | $ | 25,415 | |||||
1Life Healthcare, Inc.* (Health Care Providers & Services) | 489 | 5,457 | ||||||
Abbott Laboratories (Health Care Equipment & Supplies) | 5,100 | 650,047 | ||||||
AbbVie, Inc. (Biotechnology) | 5,099 | 698,001 | ||||||
ABIOMED, Inc.* (Health Care Equipment & Supplies) | 131 | 38,759 | ||||||
Acadia Healthcare Co., Inc.* (Health Care Providers & Services) | 258 | 13,584 | ||||||
ACADIA Pharmaceuticals, Inc.* (Biotechnology) | 337 | 7,579 | ||||||
Agilent Technologies, Inc. (Life Sciences Tools & Services) | 873 | 121,626 | ||||||
agilon health, Inc.* (Health Care Providers & Services) | 136 | 2,255 | ||||||
Agios Pharmaceuticals, Inc.* (Biotechnology) | 155 | 4,788 | ||||||
Align Technology, Inc.* (Health Care Equipment & Supplies) | 212 | 104,932 | ||||||
Alkermes PLC* (Biotechnology) | 465 | 11,858 | ||||||
Allogene Therapeutics, Inc.* (Biotechnology) | 213 | 2,439 | ||||||
Alnylam Pharmaceuticals, Inc.* (Biotechnology) | 345 | 47,472 | ||||||
Amedisys, Inc.* (Health Care Providers & Services) | 94 | 12,699 | ||||||
American Well Corp.*—Class A (Health Care Technology) | 562 | 2,658 | ||||||
Amgen, Inc. (Biotechnology) | 1,626 | 369,330 | ||||||
Anthem, Inc. (Health Care Providers & Services) | 700 | 308,693 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 301 | 15,881 | ||||||
Avantor, Inc.* (Life Sciences Tools & Services) | 1,757 | 65,589 | ||||||
Baxter International, Inc. (Health Care Equipment & Supplies) | 1,444 | 123,375 | ||||||
Beam Therapeutics, Inc.* (Biotechnology) | 129 | 8,928 | ||||||
Becton, Dickinson & Co. (Health Care Equipment & Supplies) | 828 | 210,428 | ||||||
Berkeley Lights, Inc.* (Life Sciences Tools & Services) | 120 | 1,165 | ||||||
Biogen, Inc.* (Biotechnology) | 424 | 95,824 | ||||||
Biohaven Pharmaceutical Holding Co., Ltd.* (Biotechnology) | 167 | 22,189 | ||||||
BioMarin Pharmaceutical, Inc.* (Biotechnology) | 529 | 46,885 | ||||||
Bio-Rad Laboratories, Inc.*—Class A (Life Sciences Tools & Services) | 63 | 37,783 | ||||||
Bio-Techne Corp. (Life Sciences Tools & Services) | 114 | 42,911 | ||||||
Blueprint Medicines Corp.* (Biotechnology) | 170 | 13,107 | ||||||
Boston Scientific Corp.* (Health Care Equipment & Supplies) | 4,110 | 176,319 | ||||||
Bridgebio Pharma, Inc.* (Biotechnology) | 310 | 3,060 | ||||||
Bristol-Myers Squibb Co. (Pharmaceuticals) | 6,402 | 415,426 | ||||||
Bruker Corp. (Life Sciences Tools & Services) | 292 | 19,447 | ||||||
Catalent, Inc.* (Pharmaceuticals) | 494 | 51,341 | ||||||
Centene Corp.* (Health Care Providers & Services) | 1,682 | 130,792 | ||||||
Charles River Laboratories International, Inc.* (Life Sciences Tools & Services) | 146 | 48,145 | ||||||
Chemed Corp. (Health Care Providers & Services) | 44 | 20,632 | ||||||
Cigna Corp. (Health Care Providers & Services) | 956 | 220,320 | ||||||
Covetrus, Inc.* (Health Care Providers & Services) | 298 | 5,385 | ||||||
CVS Health Corp. (Health Care Providers & Services) | 3,808 | 405,590 | ||||||
Danaher Corp. (Health Care Equipment & Supplies) | 1,835 | 524,426 | ||||||
DaVita, Inc.* (Health Care Providers & Services) | 188 | 20,374 | ||||||
Denali Therapeutics, Inc.* (Biotechnology) | 266 | 9,103 | ||||||
DENTSPLY SIRONA, Inc. (Health Care Equipment & Supplies) | 629 | 33,601 | ||||||
DexCom, Inc.* (Health Care Equipment & Supplies) | 279 | 120,104 | ||||||
Doximity, Inc.*—Class A (Health Care Technology) | 140 | 6,380 | ||||||
Edwards Lifesciences Corp.* (Health Care Equipment & Supplies) | 1,800 | 196,560 | ||||||
Elanco Animal Health, Inc.* (Pharmaceuticals) | 1,364 | 35,519 | ||||||
Eli Lilly & Co. (Pharmaceuticals) | 2,290 | 561,943 | ||||||
Emergent BioSolutions, Inc.* (Biotechnology) | 138 | 6,458 | ||||||
Encompass Health Corp. (Health Care Providers & Services) | 287 | 17,805 | ||||||
Envista Holdings Corp.* (Health Care Equipment & Supplies) | 464 | 20,063 | ||||||
Exact Sciences Corp.* (Biotechnology) | 497 | 37,951 | ||||||
Exelixis, Inc.* (Biotechnology) | 913 | 16,525 | ||||||
Fate Therapeutics, Inc.* (Biotechnology) | 233 | 9,672 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 3,618 | 248,484 | ||||||
Globus Medical, Inc.*—Class A (Health Care Equipment & Supplies) | 228 | 15,214 | ||||||
GoodRx Holdings, Inc.*—Class A (Health Care Technology) | 184 | 4,418 | ||||||
Guardant Health, Inc.* (Health Care Providers & Services) | 294 | 20,448 | ||||||
Haemonetics Corp.* (Health Care Equipment & Supplies) | 147 | 7,107 | ||||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 405 | 14,017 | ||||||
HCA Healthcare, Inc. (Health Care Providers & Services) | 691 | 165,875 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 240 | 12,826 | ||||||
Henry Schein, Inc.* (Health Care Providers & Services) | 399 | 30,045 | ||||||
Hologic, Inc.* (Health Care Equipment & Supplies) | 731 | 51,345 | ||||||
Horizon Therapeutics PLC* (Pharmaceuticals) | 655 | 61,131 | ||||||
Humana, Inc. (Health Care Providers & Services) | 372 | 146,010 | ||||||
ICU Medical, Inc.* (Health Care Equipment & Supplies) | 58 | 12,375 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 244 | 123,781 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 451 | 157,318 | ||||||
Incyte Corp.* (Biotechnology) | 542 | 40,287 | ||||||
Insulet Corp.* (Health Care Equipment & Supplies) | 199 | 49,352 | ||||||
Integra LifeSciences Holdings Corp.* (Health Care Equipment & Supplies) | 211 | 13,660 | ||||||
Intellia Therapeutics, Inc.* (Biotechnology) | 199 | 18,819 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 1,030 | 292,705 | ||||||
Invitae Corp.* (Biotechnology) | 598 | 6,722 | ||||||
Ionis Pharmaceuticals, Inc.* (Biotechnology) | 406 | 12,911 | ||||||
IQVIA Holdings, Inc.* (Life Sciences Tools & Services) | 550 | 134,695 | ||||||
Jazz Pharmaceuticals PLC* (Pharmaceuticals) | 177 | 24,587 |
See accompanying notes to the financial statements.
62 :: Health Care UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Johnson & Johnson (Pharmaceuticals) | 7,593 | $ | 1,308,199 | |||||
Laboratory Corp. of America Holdings* (Health Care Providers & Services) | 276 | 74,895 | ||||||
LHC Group, Inc.* (Health Care Providers & Services) | 91 | 11,293 | ||||||
Maravai LifeSciences Holdings, Inc.*—Class A (Life Sciences Tools & Services) | 314 | 9,081 | ||||||
Masimo Corp.* (Health Care Equipment & Supplies) | 148 | 32,541 | ||||||
McKesson Corp. (Health Care Providers & Services) | 440 | 112,957 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 83 | 14,729 | ||||||
Medtronic PLC (Health Care Equipment & Supplies) | 3,882 | 401,748 | ||||||
Merck & Co., Inc. (Pharmaceuticals) | 7,284 | 593,500 | ||||||
Mettler-Toledo International, Inc.* (Life Sciences Tools & Services) | 67 | 98,670 | ||||||
Mirati Therapeutics, Inc.* (Biotechnology) | 144 | 17,179 | ||||||
Moderna, Inc.* (Biotechnology) | 1,017 | 172,209 | ||||||
Molina Healthcare, Inc.* (Health Care Providers & Services) | 167 | 48,510 | ||||||
Natera, Inc.* (Biotechnology) | 253 | 17,874 | ||||||
Nektar Therapeutics* (Pharmaceuticals) | 532 | 5,916 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 309 | 11,269 | ||||||
NeoGenomics, Inc.* (Life Sciences Tools & Services) | 354 | 7,979 | ||||||
Neurocrine Biosciences, Inc.* (Biotechnology) | 274 | 21,651 | ||||||
Novavax, Inc.* (Biotechnology) | 218 | 20,427 | ||||||
Novocure, Ltd.* (Health Care Equipment & Supplies) | 257 | 17,643 | ||||||
NuVasive, Inc.* (Health Care Equipment & Supplies) | 149 | 7,749 | ||||||
Oak Street Health, Inc.* (Health Care Providers & Services) | 403 | 7,004 | ||||||
Organon & Co. (Pharmaceuticals) | 730 | 23,294 | ||||||
Pacific Biosciences of California, Inc.* (Life Sciences Tools & Services) | 635 | 7,099 | ||||||
Penumbra, Inc.* (Health Care Equipment & Supplies) | 101 | 22,827 | ||||||
Perrigo Co. PLC (Pharmaceuticals) | 386 | 14,695 | ||||||
Pfizer, Inc. (Pharmaceuticals) | 16,189 | 852,999 | ||||||
Premier, Inc. (Health Care Providers & Services) | 351 | 13,415 | ||||||
Quest Diagnostics, Inc. (Health Care Providers & Services) | 353 | 47,662 | ||||||
Quidel Corp.* (Health Care Equipment & Supplies) | 110 | 11,370 | ||||||
R1 RCM, Inc.* (Health Care Providers & Services) | 383 | 9,108 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 305 | 185,620 | ||||||
Repligen Corp.* (Biotechnology) | 150 | 29,751 | ||||||
ResMed, Inc. (Health Care Equipment & Supplies) | 420 | 96,012 | ||||||
Royalty Pharma PLC—Class A (Pharmaceuticals) | 1,026 | 41,050 | ||||||
Sarepta Therapeutics, Inc.* (Biotechnology) | 250 | 17,893 | ||||||
Seagen, Inc.* (Biotechnology) | 385 | 51,786 | ||||||
Shockwave Medical, Inc.* (Health Care Equipment & Supplies) | 101 | 14,642 | ||||||
Signify Health, Inc.*—Class A (Health Care Providers & Services) | 69 | 920 | ||||||
Sotera Health Co.* (Life Sciences Tools & Services) | 284 | 6,109 | ||||||
STAAR Surgical Co.* (Health Care Equipment & Supplies) | 136 | 9,890 | ||||||
STERIS PLC (Health Care Equipment & Supplies) | 289 | 64,852 | ||||||
Stryker Corp. (Health Care Equipment & Supplies) | 968 | 240,112 | ||||||
Syneos Health, Inc.* (Life Sciences Tools & Services) | 299 | 27,077 | ||||||
Tandem Diabetes Care, Inc.* (Health Care Equipment & Supplies) | 183 | 21,614 | ||||||
Teladoc Health, Inc.* (Health Care Technology) | 461 | 35,363 | ||||||
Teleflex, Inc. (Health Care Equipment & Supplies) | 135 | 41,876 | ||||||
Tenet Healthcare Corp.* (Health Care Providers & Services) | 309 | 22,903 | ||||||
The Cooper Cos., Inc. (Health Care Equipment & Supplies) | 143 | 56,957 | ||||||
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Services) | 1,137 | 660,939 | ||||||
Twist Bioscience Corp.* (Biotechnology) | 142 | 8,438 | ||||||
Ultragenyx Pharmaceutical, Inc.* (Biotechnology) | 196 | 13,706 | ||||||
United Therapeutics Corp.* (Biotechnology) | 130 | 26,243 | ||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 2,716 | 1,283,499 | ||||||
Universal Health Services, Inc.—Class B (Health Care Providers & Services) | 211 | 27,443 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 734 | 178,399 | ||||||
Viatris, Inc. (Pharmaceuticals) | 3,489 | 52,230 | ||||||
Vir Biotechnology, Inc.* (Biotechnology) | 210 | 7,209 | ||||||
Waters Corp.* (Life Sciences Tools & Services) | 176 | 56,341 | ||||||
West Pharmaceutical Services, Inc. (Health Care Equipment & Supplies) | 213 | 83,756 | ||||||
Zimmer Biomet Holdings, Inc. (Health Care Equipment & Supplies) | 603 | 74,181 | ||||||
Zoetis, Inc. (Pharmaceuticals) | 1,365 | 272,713 | ||||||
TOTAL COMMON STOCKS (Cost $5,484,337) | 15,613,746 |
Repurchase Agreements(a)(b) (16.7%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $3,312,000 | $ | 3,312,000 | $ | 3,312,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $3,312,000) | 3,312,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $8,796,337)—95.3% | 18,925,746 | |||||||
Net other assets (liabilities)—4.7% | 939,765 | |||||||
NET ASSETS—100.0% | $ | 19,865,511 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $2,576,000. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Health Care UltraSector ProFund :: 63
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||||
Dow Jones U.S. Health Care Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 6,425,871 | $ | 119,238 | |||||||||
Dow Jones U.S. Health Care Index | UBS AG | 2/23/22 | 0.43 | % | 7,726,614 | 77,400 | |||||||||||
$ | 14,152,485 | $ | 196,638 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Health Care UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Biotechnology | $ | 2,536,675 | 12.8 | % | ||||
Health Care Equipment & Supplies | 3,973,192 | 20.0 | % | |||||
Health Care Providers & Services | 3,198,399 | 16.1 | % | |||||
Health Care Technology | 48,819 | 0.2 | % | |||||
Life Sciences Tools & Services | 1,542,118 | 7.8 | % | |||||
Pharmaceuticals | 4,314,543 | 21.7 | % | |||||
Other** | 4,251,765 | 21.4 | % | |||||
Total | $ | 19,865,511 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
64 :: Industrials UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (81.5%)
Shares | Value | |||||||
3M Co. (Industrial Conglomerates) | 550 | $ | 91,311 | |||||
A.O. Smith Corp. (Building Products) | 127 | 9,705 | ||||||
Accenture PLC—Class A (IT Services) | 602 | 212,854 | ||||||
Acuity Brands, Inc. (Electrical Equipment) | 34 | 6,512 | ||||||
ADT, Inc. (Commercial Services & Supplies) | 137 | 1,040 | ||||||
Advanced Drainage Systems, Inc. (Building Products) | 53 | 5,994 | ||||||
AECOM (Construction & Engineering) | 137 | 9,471 | ||||||
Affirm Holdings, Inc.* (IT Services) | 140 | 8,970 | ||||||
AGCO Corp. (Machinery) | 59 | 6,915 | ||||||
Air Lease Corp. (Trading Companies & Distributors) | 102 | 4,061 | ||||||
Alight, Inc.*—Class A (Professional Services) | 232 | 2,241 | ||||||
Allegion PLC (Building Products) | 86 | 10,555 | ||||||
Allison Transmission Holdings, Inc. (Machinery) | 98 | 3,723 | ||||||
Amcor PLC (Containers & Packaging) | 1,459 | 17,523 | ||||||
AMETEK, Inc. (Electrical Equipment) | 220 | 30,089 | ||||||
Amphenol Corp.—Class A (Electronic Equipment, Instruments & Components) | 569 | 45,286 | ||||||
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 37 | 3,625 | ||||||
AptarGroup, Inc. (Containers & Packaging) | 63 | 7,390 | ||||||
Armstrong World Industries, Inc. (Building Products) | 45 | 4,456 | ||||||
Arrow Electronics, Inc.* (Electronic Equipment, Instruments & Components) | 66 | 8,184 | ||||||
ASGN, Inc.* (Professional Services) | 50 | 5,744 | ||||||
Automatic Data Processing, Inc. (IT Services) | 402 | 82,880 | ||||||
Avery Dennison Corp. (Containers & Packaging) | 79 | 16,228 | ||||||
Avnet, Inc. (Electronic Equipment, Instruments & Components) | 94 | 3,794 | ||||||
Axon Enterprise, Inc.* (Aerospace & Defense) | 63 | 8,816 | ||||||
Ball Corp. (Containers & Packaging) | 308 | 29,906 | ||||||
Berry Global Group, Inc.* (Containers & Packaging) | 129 | 8,697 | ||||||
Booz Allen Hamilton Holding Corp. (Professional Services) | 128 | 9,821 | ||||||
Broadridge Financial Solutions, Inc. (IT Services) | 112 | 17,833 | ||||||
Builders FirstSource, Inc.* (Building Products) | 183 | 12,442 | ||||||
BWX Technologies, Inc. (Aerospace & Defense) | 88 | 3,917 | ||||||
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 124 | 12,977 | ||||||
CACI International, Inc.*—Class A (Professional Services) | 23 | 5,692 | ||||||
Carlisle Cos., Inc. (Industrial Conglomerates) | 50 | 11,172 | ||||||
Carrier Global Corp. (Building Products) | 826 | 39,384 | ||||||
Caterpillar, Inc. (Machinery) | 516 | 104,004 | ||||||
ChargePoint Holdings, Inc.* (Electrical Equipment) | 162 | 2,244 | ||||||
Chart Industries, Inc.* (Machinery) | 34 | 4,144 | ||||||
Cimpress PLC* (Commercial Services & Supplies) | 19 | 1,277 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 83 | 32,497 | ||||||
Clarivate PLC* (Professional Services) | 353 | 5,810 | ||||||
Clean Harbors, Inc.* (Commercial Services & Supplies) | 48 | 4,442 | ||||||
Cognex Corp. (Electronic Equipment, Instruments & Components) | 169 | 11,232 | ||||||
Coherent, Inc.* (Electronic Equipment, Instruments & Components) | 24 | 6,204 | ||||||
Colfax Corp.* (Machinery) | 127 | 5,222 | ||||||
Concentrix Corp. (IT Services) | 41 | 8,241 | ||||||
Core & Main, Inc.*—Class A (Trading Companies & Distributors) | 53 | 1,275 | ||||||
Corning, Inc. (Electronic Equipment, Instruments & Components) | 731 | 30,731 | ||||||
Crane Co. (Machinery) | 48 | 4,968 | ||||||
Crown Holdings, Inc. (Containers & Packaging) | 122 | 13,957 | ||||||
CSX Corp. (Road & Rail) | 2,113 | 72,306 | ||||||
Cummins, Inc. (Machinery) | 137 | 30,261 | ||||||
Curtiss-Wright Corp. (Aerospace & Defense) | 37 | 4,913 | ||||||
Deere & Co. (Machinery) | 269 | 101,252 | ||||||
Donaldson Co., Inc. (Machinery) | 118 | 6,568 | ||||||
Dover Corp. (Machinery) | 137 | 23,278 | ||||||
Dun & Bradstreet Holdings, Inc.* (Professional Services) | 142 | 2,849 | ||||||
Eagle Materials, Inc. (Construction Materials) | 39 | 5,688 | ||||||
Eaton Corp. PLC (Electrical Equipment) | 380 | 60,204 | ||||||
EMCOR Group, Inc. (Construction & Engineering) | 51 | 6,080 | ||||||
Emerson Electric Co. (Electrical Equipment) | 569 | 52,320 | ||||||
EnerSys (Electrical Equipment) | 40 | 2,997 | ||||||
Equifax, Inc. (Professional Services) | 116 | 27,812 | ||||||
Euronet Worldwide, Inc.* (IT Services) | 51 | 6,828 | ||||||
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 161 | 18,431 | ||||||
Fastenal Co. (Trading Companies & Distributors) | 548 | 31,060 | ||||||
FedEx Corp. (Air Freight & Logistics) | 233 | 57,285 | ||||||
Fidelity National Information Services, Inc. (IT Services) | 580 | 69,554 | ||||||
Fiserv, Inc.* (IT Services) | 566 | 59,826 | ||||||
FleetCor Technologies, Inc.* (IT Services) | 77 | 18,346 | ||||||
Flowserve Corp. (Machinery) | 123 | 4,012 | ||||||
Fortive Corp. (Machinery) | 342 | 24,125 | ||||||
Fortune Brands Home & Security, Inc. (Building Products) | 130 | 12,242 | ||||||
FTI Consulting, Inc.* (Professional Services) | 33 | 4,812 | ||||||
Gates Industrial Corp. PLC* (Machinery) | 91 | 1,408 | ||||||
Generac Holdings, Inc.* (Electrical Equipment) | 60 | 16,943 | ||||||
General Dynamics Corp. (Aerospace & Defense) | 220 | 46,662 | ||||||
General Electric Co. (Industrial Conglomerates) | 1,046 | 98,826 | ||||||
Genpact, Ltd. (IT Services) | 165 | 8,209 | ||||||
Global Payments, Inc. (IT Services) | 277 | 41,517 | ||||||
Graco, Inc. (Machinery) | 162 | 11,755 | ||||||
Graphic Packaging Holding Co. (Containers & Packaging) | 267 | 5,049 | ||||||
GXO Logistics, Inc.* (Air Freight & Logistics) | 94 | 7,634 | ||||||
HEICO Corp. (Aerospace & Defense) | 41 | 5,592 | ||||||
HEICO Corp.—Class A (Aerospace & Defense) | 71 | 7,789 | ||||||
Hertz Global Holdings, Inc.* (Road & Rail) | 52 | 1,002 | ||||||
Hexcel Corp.* (Aerospace & Defense) | 80 | 4,174 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 656 | 134,139 | ||||||
Howmet Aerospace, Inc. (Aerospace & Defense) | 366 | 11,379 | ||||||
Hubbell, Inc. (Electrical Equipment) | 52 | 9,739 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Industrials UltraSector ProFund :: 65
Common Stocks, continued
Shares | Value | |||||||
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 38 | $ | 7,114 | |||||
IDEX Corp. (Machinery) | 73 | 15,727 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 102 | 6,467 | ||||||
Illinois Tool Works, Inc. (Machinery) | 272 | 63,626 | ||||||
Ingersoll Rand, Inc. (Machinery) | 388 | 21,809 | ||||||
Insperity, Inc. (Professional Services) | 34 | 3,656 | ||||||
International Paper Co. (Containers & Packaging) | 369 | 17,803 | ||||||
IPG Photonics Corp.* (Electronic Equipment, Instruments & Components) | 34 | 5,252 | ||||||
Itron, Inc.* (Electronic Equipment, Instruments & Components) | 43 | 2,666 | ||||||
ITT, Inc. (Machinery) | 82 | 7,537 | ||||||
J.B. Hunt Transport Services, Inc. (Road & Rail) | 80 | 15,403 | ||||||
Jabil, Inc. (Electronic Equipment, Instruments & Components) | 137 | 8,424 | ||||||
Jack Henry & Associates, Inc. (IT Services) | 71 | 11,915 | ||||||
Jacobs Engineering Group, Inc. (Professional Services) | 124 | 16,142 | ||||||
Johnson Controls International PLC (Building Products) | 676 | 49,124 | ||||||
KBR, Inc. (Professional Services) | 133 | 5,772 | ||||||
Keysight Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 176 | 29,712 | ||||||
Kirby Corp.* (Marine) | 57 | 3,715 | ||||||
Knight-Swift Transportation Holdings, Inc. (Road & Rail) | 158 | 8,940 | ||||||
L3Harris Technologies, Inc. (Aerospace & Defense) | 187 | 39,137 | ||||||
Landstar System, Inc. (Road & Rail) | 36 | 5,760 | ||||||
Leidos Holdings, Inc. (Professional Services) | 134 | 11,986 | ||||||
Lennox International, Inc. (Building Products) | 33 | 9,359 | ||||||
Lincoln Electric Holdings, Inc. (Machinery) | 56 | 7,159 | ||||||
Littelfuse, Inc. (Electronic Equipment, Instruments & Components) | 24 | 6,479 | ||||||
Lockheed Martin Corp. (Aerospace & Defense) | 234 | 91,056 | ||||||
Louisiana-Pacific Corp. (Paper & Forest Products) | 83 | 5,515 | ||||||
ManpowerGroup, Inc. (Professional Services) | 52 | 5,453 | ||||||
Marqeta, Inc.*—Class A (IT Services) | 220 | 2,596 | ||||||
Martin Marietta Materials, Inc. (Construction Materials) | 59 | 22,958 | ||||||
Masco Corp. (Building Products) | 233 | 14,756 | ||||||
MasTec, Inc.* (Construction & Engineering) | 54 | 4,651 | ||||||
MAXIMUS, Inc. (IT Services) | 59 | 4,562 | ||||||
Mercury Systems, Inc.* (Aerospace & Defense) | 54 | 3,074 | ||||||
MSA Safety, Inc. (Commercial Services & Supplies) | 34 | 4,672 | ||||||
MSC Industrial Direct Co., Inc. (Trading Companies & Distributors) | 44 | 3,592 | ||||||
National Instruments Corp. (Electronic Equipment, Instruments & Components) | 126 | 5,194 | ||||||
Nielsen Holdings PLC (Professional Services) | 341 | 6,431 | ||||||
Nikola Corp.* (Machinery) | 195 | 1,566 | ||||||
Nordson Corp. (Machinery) | 52 | 12,092 | ||||||
Norfolk Southern Corp. (Road & Rail) | 232 | 63,102 | ||||||
Northrop Grumman Corp. (Aerospace & Defense) | 141 | 52,156 | ||||||
nVent Electric PLC (Electrical Equipment) | 160 | 5,534 | ||||||
Old Dominion Freight Line, Inc. (Road & Rail) | 89 | 26,872 | ||||||
Oshkosh Corp. (Machinery) | 65 | 7,398 | ||||||
Otis Worldwide Corp. (Machinery) | 404 | 34,514 | ||||||
Owens Corning (Building Products) | 95 | 8,427 | ||||||
PACCAR, Inc. (Machinery) | 331 | 30,780 | ||||||
Packaging Corp. of America (Containers & Packaging) | 91 | 13,707 | ||||||
Parker-Hannifin Corp. (Machinery) | 123 | 38,131 | ||||||
Paychex, Inc. (IT Services) | 306 | 36,035 | ||||||
PayPal Holdings, Inc.* (IT Services) | 1,120 | 192,573 | ||||||
Pentair PLC (Machinery) | 158 | 10,065 | ||||||
PerkinElmer, Inc. (Life Sciences Tools & Services) | 121 | 20,833 | ||||||
Quanta Services, Inc. (Construction & Engineering) | 136 | 13,970 | ||||||
Raytheon Technologies Corp. (Aerospace & Defense) | 1,426 | 128,610 | ||||||
RBC Bearings, Inc.* (Machinery) | 27 | 4,873 | ||||||
Regal Rexnord Corp. (Electrical Equipment) | 64 | 10,143 | ||||||
Republic Services, Inc.—Class A (Commercial Services & Supplies) | 199 | 25,404 | ||||||
Robert Half International, Inc. (Professional Services) | 106 | 12,006 | ||||||
Rockwell Automation, Inc. (Electrical Equipment) | 111 | 32,103 | ||||||
Roper Technologies, Inc. (Industrial Conglomerates) | 101 | 44,153 | ||||||
Saia, Inc.* (Road & Rail) | 24 | 6,823 | ||||||
Science Applications International Corp. (Professional Services) | 55 | 4,512 | ||||||
Sealed Air Corp. (Containers & Packaging) | 141 | 9,577 | ||||||
Sensata Technologies Holding PLC* (Electrical Equipment) | 151 | 8,661 | ||||||
Shift4 Payments, Inc.*—Class A (IT Services) | 45 | 2,372 | ||||||
Shoals Technologies Group, Inc.*—Class A (Electrical Equipment) | 98 | 1,652 | ||||||
Silgan Holdings, Inc. (Containers & Packaging) | 79 | 3,538 | ||||||
Siteone Landscape Supply, Inc.* (Trading Companies & Distributors) | 43 | 7,745 | ||||||
Snap-on, Inc. (Machinery) | 52 | 10,829 | ||||||
Sonoco Products Co. (Containers & Packaging) | 93 | 5,268 | ||||||
Square, Inc.*—Class A (IT Services) | 469 | 57,354 | ||||||
Stericycle, Inc.* (Commercial Services & Supplies) | 88 | 5,169 | ||||||
Sunrun, Inc.* (Electrical Equipment) | 197 | 5,108 | ||||||
TaskUS, Inc.*—Class A (IT Services) | 26 | 832 | ||||||
TE Connectivity, Ltd. (Electronic Equipment, Instruments & Components) | 311 | 44,476 | ||||||
Teledyne Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 44 | 18,543 | ||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 52 | 7,238 | ||||||
Textron, Inc. (Aerospace & Defense) | 209 | 14,225 | ||||||
The Boeing Co.* (Aerospace & Defense) | 527 | 105,525 | ||||||
The Middleby Corp.* (Machinery) | 53 | 9,816 | ||||||
The Sherwin-Williams Co. (Chemicals) | 230 | 65,897 | ||||||
The Timken Co. (Machinery) | 66 | 4,409 | ||||||
The Toro Co. (Machinery) | 102 | 9,851 | ||||||
The Western Union Co. (IT Services) | 382 | 7,224 | ||||||
Trane Technologies PLC (Building Products) | 227 | 39,294 | ||||||
TransDigm Group, Inc.* (Aerospace & Defense) | 50 | 30,810 | ||||||
TransUnion (Professional Services) | 183 | 18,871 | ||||||
Trex Co., Inc.* (Building Products) | 110 | 10,062 |
See accompanying notes to the financial statements.
66 :: Industrials UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Trimble, Inc.* (Electronic Equipment, Instruments & Components) | 239 | $ | 17,246 | |||||
TriNet Group, Inc.* (Professional Services) | 38 | 3,238 | ||||||
TuSimple Holdings, Inc.*—Class A (Road & Rail) | 31 | 582 | ||||||
Union Pacific Corp. (Road & Rail) | 613 | 149,908 | ||||||
United Parcel Service, Inc.—Class B (Air Freight & Logistics) | 695 | 140,536 | ||||||
United Rentals, Inc.* (Trading Companies & Distributors) | 69 | 22,088 | ||||||
Univar Solutions, Inc.* (Trading Companies & Distributors) | 162 | 4,293 | ||||||
Upwork, Inc.* (Professional Services) | 114 | 3,101 | ||||||
Valmont Industries, Inc. (Construction & Engineering) | 20 | 4,345 | ||||||
Verisk Analytics, Inc. (Professional Services) | 154 | 30,203 | ||||||
Vertiv Holdings Co. (Electrical Equipment) | 287 | 5,987 | ||||||
Virgin Galactic Holdings, Inc.* (Aerospace & Defense) | 169 | 1,555 | ||||||
Vontier Corp. (Electronic Equipment, Instruments & Components) | 161 | 4,526 | ||||||
Vulcan Materials Co. (Construction Materials) | 127 | 24,170 | ||||||
W.W. Grainger, Inc. (Trading Companies & Distributors) | 41 | 20,300 | ||||||
Waste Management, Inc. (Commercial Services & Supplies) | 366 | 55,061 | ||||||
Watsco, Inc. (Trading Companies & Distributors) | 32 | 9,042 | ||||||
WESCO International, Inc.* (Trading Companies & Distributors) | 1 | 122 | ||||||
Westinghouse Air Brake Technologies Corp. (Machinery) | 178 | 15,824 | ||||||
WestRock Co. (Containers & Packaging) | 254 | 11,725 | ||||||
WEX, Inc.* (IT Services) | 43 | 6,922 | ||||||
WillScot Mobile Mini Holdings Corp.* (Construction & Engineering) | 212 | 7,852 | ||||||
Woodward, Inc. (Machinery) | 60 | 6,616 | ||||||
XPO Logistics, Inc.* (Air Freight & Logistics) | 94 | 6,220 | ||||||
Xylem, Inc. (Machinery) | 172 | 18,063 | ||||||
Zebra Technologies Corp.* (Electronic Equipment, Instruments & Components) | 51 | 25,965 | ||||||
Zurn Water Solutions Corp. (Building Products) | 115 | 3,512 | ||||||
TOTAL COMMON STOCKS (Cost $1,646,805) | 4,605,246 |
Repurchase Agreements(a)(b) (20.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,139,000 | $ | 1,139,000 | $ | 1,139,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,139,000) | 1,139,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $2,785,805)—101.7% | 5,744,246 | |||||||
Net other assets (liabilities)—(1.7)% | (95,395 | ) | ||||||
NET ASSETS—100.0% | $ | 5,648,851 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $917,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Industrials Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 2,324,701 | $ | 320 | ||||||||
Dow Jones U.S. Industrials Index | UBS AG | 2/23/22 | 0.43 | % | 1,590,639 | (9,912 | ) | |||||||||
$ | 3,915,340 | $ | (9,592 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Industrials UltraSector ProFund :: 67
Industrials UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 566,504 | 10.0 | % | ||||
Air Freight & Logistics | 243,083 | 4.3 | % | |||||
Building Products | 229,312 | 4.1 | % | |||||
Chemicals | 65,897 | 1.2 | % | |||||
Commercial Services & Supplies | 136,800 | 2.4 | % | |||||
Construction & Engineering | 46,369 | 0.8 | % | |||||
Construction Materials | 52,816 | 0.9 | % | |||||
Containers & Packaging | 160,369 | 2.9 | % | |||||
Electrical Equipment | 250,236 | 4.4 | % | |||||
Electronic Equipment, Instruments & Components | 280,381 | 5.0 | % | |||||
Industrial Conglomerates | 379,601 | 6.7 | % | |||||
IT Services | 857,442 | 15.1 | % | |||||
Life Sciences Tools & Services | 20,833 | 0.4 | % | |||||
Machinery | 662,320 | 11.7 | % | |||||
Marine | 3,715 | 0.1 | % | |||||
Paper & Forest Products | 5,515 | 0.1 | % | |||||
Professional Services | 186,152 | 3.3 | % | |||||
Road & Rail | 350,698 | 6.2 | % | |||||
Trading Companies & Distributors | 107,203 | 1.9 | % | |||||
Other** | 1,043,605 | 18.5 | % | |||||
Total | $ | 5,648,851 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
68 :: Internet UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (81.1%)
Shares | Value | |||||||
Airbnb, Inc.*—Class A (Hotels, Restaurants & Leisure) | 20,894 | $ | 3,217,049 | |||||
Akamai Technologies, Inc.* (IT Services) | 18,905 | 2,165,568 | ||||||
Alphabet, Inc.*—Class A (Interactive Media & Services) | 2,502 | 6,770,587 | ||||||
Alphabet, Inc.*—Class C (Interactive Media & Services) | 2,325 | 6,309,980 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 3,850 | 11,517,160 | ||||||
Arista Networks, Inc.* (Communications Equipment) | 20,801 | 2,585,772 | ||||||
Box, Inc.*—Class A (Software) | 39,482 | 1,031,665 | ||||||
Ciena Corp.* (Communications Equipment) | 25,132 | 1,666,503 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 114,739 | 6,387,521 | ||||||
Citrix Systems, Inc. (Software) | 19,534 | 1,991,296 | ||||||
Cloudflare, Inc.*—Class A (Software) | 20,173 | 1,944,677 | ||||||
CommScope Holding Co., Inc.* (Communications Equipment) | 73,680 | 691,855 | ||||||
Coupa Software, Inc.* (Software) | 10,365 | 1,391,709 | ||||||
Datadog, Inc.*—Class A (Software) | 18,276 | 2,670,306 | ||||||
DocuSign, Inc.* (Software) | 17,577 | 2,210,659 | ||||||
Dropbox, Inc.* (Software) | 54,567 | 1,350,533 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 47,160 | 2,832,901 | ||||||
Etsy, Inc.* (Internet & Direct Marketing Retail) | 11,150 | 1,751,442 | ||||||
Expedia Group, Inc.* (Hotels, Restaurants & Leisure) | 14,352 | 2,630,578 | ||||||
Fastly, Inc.*—Class A (IT Services) | 25,752 | 738,052 | ||||||
GoDaddy, Inc.*—Class A (IT Services) | 23,995 | 1,816,661 | ||||||
Juniper Networks, Inc. (Communications Equipment) | 50,360 | 1,753,535 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 22,359 | 2,519,859 | ||||||
Meta Platforms, Inc.*—Class A (Interactive Media & Services) | 31,111 | 9,745,833 | ||||||
Netflix, Inc.* (Entertainment) | 11,177 | 4,774,144 | ||||||
Nutanix, Inc.*—Class A (Software) | 40,047 | 1,094,885 | ||||||
Okta, Inc.* (IT Services) | 12,144 | 2,403,176 | ||||||
PayPal Holdings, Inc.* (IT Services) | 32,566 | 5,599,399 | ||||||
Pinterest, Inc.*—Class A (Interactive Media & Services) | 58,224 | 1,721,101 | ||||||
Salesforce.com, Inc.* (Software) | 25,543 | 5,942,068 | ||||||
Snap, Inc.* (Interactive Media & Services) | 68,761 | 2,237,483 | ||||||
Snowflake, Inc.*—Class A (IT Services) | 11,971 | 3,302,799 | ||||||
Teladoc Health, Inc.* (Health Care Technology) | 19,703 | 1,511,417 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 64,745 | 2,428,585 | ||||||
Veeva Systems, Inc.*—Class A (Health Care Technology) | 11,031 | 2,609,273 | ||||||
Vonage Holdings Corp.* (Software) | 56,852 | 1,184,796 | ||||||
Wayfair, Inc.*—Class A (Internet & Direct Marketing Retail) | 8,983 | 1,400,629 | ||||||
Workday, Inc.*—Class A (Software) | 12,643 | 3,198,805 | ||||||
Zillow Group, Inc.*—Class A (Interactive Media & Services) | 5,018 | 250,197 | ||||||
Zillow Group, Inc.*—Class C (Interactive Media & Services) | 23,208 | 1,171,540 | ||||||
Zoom Video Communications, Inc.*— Class A (Software) | 16,283 | 2,512,141 | ||||||
ZoomInfo Technologies, Inc.*—Class A (Interactive Media & Services) | 33,565 | 1,774,246 | ||||||
TOTAL COMMON STOCKS (Cost $63,713,713) | 122,808,385 |
Repurchase Agreements(a)(b) (17.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $26,438,000 | $ | 26,438,000 | $ | 26,438,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $26,438,000) | 26,438,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $90,151,713)—98.5% | 149,246,385 | |||||||
Net other assets (liabilities)—1.5% | 2,285,117 | |||||||
NET ASSETS—100.0% | $ | 151,531,502 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $19,970,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones Internet Composite Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 50,758,485 | $ | 1,140,321 | ||||||||
Dow Jones Internet Composite Index | UBS AG | 2/23/22 | 0.43 | % | 53,501,943 | 1,255,671 | ||||||||||
$ | 104,260,428 | $ | 2,395,992 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Internet UltraSector ProFund :: 69
Internet UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Communications Equipment | $ | 13,085,186 | 8.6 | % | ||||
Entertainment | 4,774,144 | 3.2 | % | |||||
Health Care Technology | 4,120,690 | 2.7 | % | |||||
Hotels, Restaurants & Leisure | 5,847,627 | 3.9 | % | |||||
Interactive Media & Services | 34,929,411 | 23.1 | % | |||||
Internet & Direct Marketing Retail | 17,502,132 | 11.5 | % | |||||
IT Services | 16,025,654 | 10.6 | % | |||||
Software | 26,523,541 | 17.5 | % | |||||
Other** | 28,723,117 | 18.9 | % | |||||
Total | $ | 151,531,502 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
70 :: Large-Cap Growth ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (99.9%)
Shares | Value | |||||||
A.O. Smith Corp. (Building Products) | 57 | $ | 4,356 | |||||
Abbott Laboratories (Health Care Equipment & Supplies) | 828 | 105,537 | ||||||
AbbVie, Inc. (Biotechnology) | 844 | 115,536 | ||||||
ABIOMED, Inc.* (Health Care Equipment & Supplies) | 23 | 6,805 | ||||||
Accenture PLC—Class A (IT Services) | 323 | 114,206 | ||||||
Adobe, Inc.* (Software) | 420 | 224,405 | ||||||
Advance Auto Parts, Inc. (Specialty Retail) | 29 | 6,714 | ||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 1,067 | 121,905 | ||||||
Agilent Technologies, Inc. (Life Sciences Tools & Services) | 161 | 22,431 | ||||||
Akamai Technologies, Inc.* (IT Services) | 59 | 6,758 | ||||||
Albemarle Corp. (Chemicals) | 70 | 15,452 | ||||||
Align Technology, Inc.* (Health Care Equipment & Supplies) | 64 | 31,677 | ||||||
Alphabet, Inc.*—Class A (Interactive Media & Services) | 266 | 719,815 | ||||||
Alphabet, Inc.*—Class C (Interactive Media & Services) | 247 | 670,351 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 385 | 1,151,716 | ||||||
American Express Co. (Consumer Finance) | �� | 244 | 43,876 | |||||
American Tower Corp. (Equity Real Estate Investment Trusts) | 206 | 51,809 | ||||||
Ameriprise Financial, Inc. (Capital Markets) | 60 | 18,259 | ||||||
Amgen, Inc. (Biotechnology) | 206 | 46,791 | ||||||
Amphenol Corp.—Class A (Electronic Equipment, Instruments & Components) | 278 | 22,125 | ||||||
ANSYS, Inc.* (Software) | 47 | 15,980 | ||||||
Aon PLC (Insurance) | 117 | 32,343 | ||||||
APA Corp. (Oil, Gas & Consumable Fuels) | 175 | 5,812 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 13,770 | 2,406,720 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 798 | 110,268 | ||||||
Aptiv PLC* (Auto Components) | 97 | 13,248 | ||||||
Arista Networks, Inc.* (Communications Equipment) | 199 | 24,738 | ||||||
Arthur J. Gallagher & Co. (Insurance) | 81 | 12,793 | ||||||
Autodesk, Inc.* (Software) | 125 | 31,224 | ||||||
Automatic Data Processing, Inc. (IT Services) | 199 | 41,028 | ||||||
AutoZone, Inc.* (Specialty Retail) | 20 | 39,727 | ||||||
AvalonBay Communities, Inc. (Equity Real Estate Investment Trusts) | 51 | 12,456 | ||||||
Avery Dennison Corp. (Containers & Packaging) | 37 | 7,601 | ||||||
Bank of America Corp. (Banks) | 2,799 | 129,146 | ||||||
Bath & Body Works, Inc. (Specialty Retail) | 149 | 8,354 | ||||||
Bio-Rad Laboratories, Inc.*—Class A (Life Sciences Tools & Services) | 11 | 6,597 | ||||||
Bio-Techne Corp. (Life Sciences Tools & Services) | 33 | 12,422 | ||||||
BlackRock, Inc.—Class A (Capital Markets) | 65 | 53,491 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 209 | 122,449 | ||||||
Broadridge Financial Solutions, Inc. (IT Services) | 44 | 7,006 | ||||||
Brown & Brown, Inc. (Insurance) | 141 | 9,345 | ||||||
Cadence Design Systems, Inc.* (Software) | 245 | 37,274 | ||||||
Caesars Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 120 | 9,137 | ||||||
Capital One Financial Corp. (Consumer Finance) | 180 | 26,411 | ||||||
CarMax, Inc.* (Specialty Retail) | 77 | 8,560 | ||||||
Catalent, Inc.* (Pharmaceuticals) | 91 | 9,458 | ||||||
Cboe Global Markets, Inc. (Capital Markets) | 55 | 6,519 | ||||||
CBRE Group, Inc.*—Class A (Real Estate Management & Development) | 147 | 14,897 | ||||||
CDW Corp. (Electronic Equipment, Instruments & Components) | 70 | 13,234 | ||||||
Celanese Corp. (Chemicals) | 41 | 6,384 | ||||||
Ceridian HCM Holding, Inc.* (Software) | 47 | 3,564 | ||||||
CF Industries Holdings, Inc. (Chemicals) | 111 | 7,645 | ||||||
Charles River Laboratories International, Inc.* (Life Sciences Tools & Services) | 44 | 14,509 | ||||||
Chipotle Mexican Grill, Inc.* (Hotels, Restaurants & Leisure) | 18 | 26,740 | ||||||
Cincinnati Financial Corp. (Insurance) | 61 | 7,188 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 34 | 13,312 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 1,674 | 93,191 | ||||||
Comerica, Inc. (Banks) | 50 | 4,639 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 128 | 16,544 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 200 | 101,026 | ||||||
Crown Castle International Corp. (Equity Real Estate Investment Trusts) | 171 | 31,209 | ||||||
D.R. Horton, Inc. (Household Durables) | 152 | 13,562 | ||||||
Danaher Corp. (Health Care Equipment & Supplies) | 382 | 109,173 | ||||||
Deere & Co. (Machinery) | 114 | 42,909 | ||||||
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 554 | 28,015 | ||||||
DexCom, Inc.* (Health Care Equipment & Supplies) | 87 | 37,452 | ||||||
Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 151 | 19,050 | ||||||
Discover Financial Services (Consumer Finance) | 259 | 29,979 | ||||||
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 22 | 10,002 | ||||||
Dover Corp. (Machinery) | 58 | 9,855 | ||||||
Duke Realty Corp. (Equity Real Estate Investment Trusts) | 218 | 12,596 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 423 | 25,410 | ||||||
Edwards Lifesciences Corp.* (Health Care Equipment & Supplies) | 347 | 37,892 | ||||||
Eli Lilly & Co. (Pharmaceuticals) | 702 | 172,264 | ||||||
Enphase Energy, Inc.* (Semiconductors & Semiconductor Equipment) | 119 | 16,716 | ||||||
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 237 | 26,420 | ||||||
EPAM Systems, Inc.* (IT Services) | 50 | 23,807 | ||||||
Equifax, Inc. (Professional Services) | 107 | 25,655 | ||||||
Equinix, Inc. (Equity Real Estate Investment Trusts) | 35 | 25,372 | ||||||
Essex Property Trust, Inc. (Equity Real Estate Investment Trusts) | 26 | 8,645 | ||||||
Etsy, Inc.* (Internet & Direct Marketing Retail) | 112 | 17,593 | ||||||
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 150 | 17,172 | ||||||
Extra Space Storage, Inc. (Equity Real Estate Investment Trusts) | 118 | 23,386 | ||||||
F5, Inc.* (Communications Equipment) | 30 | 6,229 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Large-Cap Growth ProFund :: 71
Common Stocks, continued
Shares | Value | |||||||
FactSet Research Systems, Inc. (Capital Markets) | 20 | $ | 8,438 | |||||
Fastenal Co. (Trading Companies & Distributors) | 242 | 13,717 | ||||||
Federal Realty Investment Trust (Equity Real Estate Investment Trusts) | 27 | 3,442 | ||||||
First Horizon Corp. (Banks) | 1 | 14 | ||||||
First Republic Bank (Banks) | 159 | 27,601 | ||||||
Fortinet, Inc.* (Software) | 119 | 35,372 | ||||||
Fortune Brands Home & Security, Inc. (Building Products) | 53 | 4,991 | ||||||
Franklin Resources, Inc. (Capital Markets) | 111 | 3,549 | ||||||
Freeport-McMoRan, Inc. (Metals & Mining) | 569 | 21,179 | ||||||
Garmin, Ltd. (Household Durables) | 69 | 8,585 | ||||||
Gartner, Inc.* (IT Services) | 73 | 21,454 | ||||||
Generac Holdings, Inc.* (Electrical Equipment) | 55 | 15,531 | ||||||
HCA Healthcare, Inc. (Health Care Providers & Services) | 123 | 29,526 | ||||||
Hess Corp. (Oil, Gas & Consumable Fuels) | 172 | 15,874 | ||||||
Hilton Worldwide Holdings, Inc.* (Hotels, Restaurants & Leisure) | 100 | 14,511 | ||||||
Hologic, Inc.* (Health Care Equipment & Supplies) | 164 | 11,519 | ||||||
HP, Inc. (Technology Hardware, Storage & Peripherals) | 508 | 18,659 | ||||||
IDEX Corp. (Machinery) | 29 | 6,248 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 51 | 25,872 | ||||||
IHS Markit, Ltd. (Professional Services) | 167 | 19,504 | ||||||
Illinois Tool Works, Inc. (Machinery) | 101 | 23,625 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 68 | 23,720 | ||||||
Incyte Corp.* (Biotechnology) | 70 | 5,203 | ||||||
Intercontinental Exchange, Inc. (Capital Markets) | 284 | 35,971 | ||||||
Intuit, Inc. (Software) | 250 | 138,808 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 218 | 61,951 | ||||||
IQVIA Holdings, Inc.* (Life Sciences Tools & Services) | 123 | 30,122 | ||||||
Iron Mountain, Inc. (Equity Real Estate Investment Trusts) | 154 | 7,072 | ||||||
J.B. Hunt Transport Services, Inc. (Road & Rail) | 43 | 8,279 | ||||||
Jacobs Engineering Group, Inc. (Professional Services) | 51 | 6,639 | ||||||
Johnson Controls International PLC (Building Products) | 381 | 27,687 | ||||||
JPMorgan Chase & Co. (Banks) | 1,201 | 178,469 | ||||||
Keysight Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 122 | 20,596 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 135 | 52,551 | ||||||
L3Harris Technologies, Inc. (Aerospace & Defense) | 73 | 15,278 | ||||||
Laboratory Corp. of America Holdings* (Health Care Providers & Services) | 44 | 11,940 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 125 | 73,740 | ||||||
Linde PLC (Chemicals) | 230 | 73,295 | ||||||
Live Nation Entertainment, Inc.* (Entertainment) | 51 | 5,585 | ||||||
LKQ Corp. (Distributors) | 100 | 5,489 | ||||||
Lowe's Cos., Inc. (Specialty Retail) | 612 | 145,258 | ||||||
MarketAxess Holdings, Inc. (Capital Markets) | 17 | 5,856 | ||||||
Marriott International, Inc.*—Class A (Hotels, Restaurants & Leisure) | 1 | 113 | ||||||
Marsh & McLennan Cos., Inc. (Insurance) | 272 | 41,791 | ||||||
Martin Marietta Materials, Inc. (Construction Materials) | 32 | 12,452 | ||||||
Masco Corp. (Building Products) | 102 | 6,460 | ||||||
Mastercard, Inc.—Class A (IT Services) | 358 | 138,324 | ||||||
McDonald's Corp. (Hotels, Restaurants & Leisure) | 297 | 77,057 | ||||||
Meta Platforms, Inc.*—Class A (Interactive Media & Services) | 2,091 | 655,027 | ||||||
Mettler-Toledo International, Inc.* (Life Sciences Tools & Services) | 13 | 19,145 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 233 | 18,053 | ||||||
Microsoft Corp. (Software) | 6,635 | 2,063,351 | ||||||
Mid-America Apartment Communities, Inc. (Equity Real Estate Investment Trusts) | 63 | 13,021 | ||||||
Moderna, Inc.* (Biotechnology) | 313 | 53,000 | ||||||
Monolithic Power Systems, Inc. (Semiconductors & Semiconductor Equipment) | 37 | 14,908 | ||||||
Monster Beverage Corp.* (Beverages) | 170 | 14,742 | ||||||
Moody's Corp. (Capital Markets) | 95 | 32,585 | ||||||
Morgan Stanley (Capital Markets) | 620 | 63,575 | ||||||
Motorola Solutions, Inc. (Communications Equipment) | 89 | 20,643 | ||||||
MSCI, Inc.—Class A (Capital Markets) | 73 | 39,137 | ||||||
Nasdaq, Inc. (Capital Markets) | 81 | 14,516 | ||||||
NetApp, Inc. (Technology Hardware, Storage & Peripherals) | 139 | 12,025 | ||||||
Netflix, Inc.* (Entertainment) | 392 | 167,439 | ||||||
Newell Brands, Inc. (Household Durables) | 172 | 3,992 | ||||||
NIKE, Inc.—Class B (Textiles, Apparel & Luxury Goods) | 609 | 90,175 | ||||||
NRG Energy, Inc. (Electric Utilities) | 216 | 8,625 | ||||||
Nucor Corp. (Metals & Mining) | 136 | 13,790 | ||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 2,209 | 540,896 | ||||||
NVR, Inc.* (Household Durables) | 2 | 10,654 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 149 | 30,611 | ||||||
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 319 | 12,017 | ||||||
Old Dominion Freight Line, Inc. (Road & Rail) | 83 | 25,060 | ||||||
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 167 | 10,134 | ||||||
Oracle Corp. (Software) | 1,423 | 115,491 | ||||||
O'Reilly Automotive, Inc.* (Specialty Retail) | 58 | 37,802 | ||||||
Otis Worldwide Corp. (Machinery) | 150 | 12,815 | ||||||
Paychex, Inc. (IT Services) | 150 | 17,664 | ||||||
Paycom Software, Inc.* (Software) | 32 | 10,730 | ||||||
PayPal Holdings, Inc.* (IT Services) | 560 | 96,286 | ||||||
Pentair PLC (Machinery) | 84 | 5,351 | ||||||
PepsiCo, Inc. (Beverages) | 512 | 88,842 | ||||||
PerkinElmer, Inc. (Life Sciences Tools & Services) | 111 | 19,111 | ||||||
Pfizer, Inc. (Pharmaceuticals) | 2,676 | 140,998 | ||||||
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 113 | 24,735 | ||||||
Pool Corp. (Distributors) | 34 | 16,193 | ||||||
Prologis, Inc. (Equity Real Estate Investment Trusts) | 399 | 62,570 |
See accompanying notes to the financial statements.
72 :: Large-Cap Growth ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
PTC, Inc.* (Software) | 45 | $ | 5,232 | |||||
Public Storage (Equity Real Estate Investment Trusts) | 81 | 29,041 | ||||||
Qorvo, Inc.* (Semiconductors & Semiconductor Equipment) | 46 | 6,315 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 988 | 173,651 | ||||||
Quanta Services, Inc. (Construction & Engineering) | 68 | 6,985 | ||||||
Quest Diagnostics, Inc. (Health Care Providers & Services) | 49 | 6,616 | ||||||
Raymond James Financial, Inc. (Capital Markets) | 96 | 10,164 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 94 | 57,207 | ||||||
Regions Financial Corp. (Banks) | 377 | 8,648 | ||||||
Republic Services, Inc. (Commercial Services & Supplies) | 82 | 10,468 | ||||||
ResMed, Inc. (Health Care Equipment & Supplies) | 75 | 17,145 | ||||||
Robert Half International, Inc. (Professional Services) | 67 | 7,588 | ||||||
Rockwell Automation, Inc. (Electrical Equipment) | 53 | 15,329 | ||||||
Rollins, Inc. (Commercial Services & Supplies) | 88 | 2,715 | ||||||
S&P Global, Inc. (Capital Markets) | 130 | 53,979 | ||||||
Salesforce.com, Inc.* (Software) | 529 | 123,061 | ||||||
SBA Communications Corp. (Equity Real Estate Investment Trusts) | 54 | 17,574 | ||||||
Seagate Technology Holdings PLC (Technology Hardware, Storage & Peripherals) | 130 | 13,930 | ||||||
Sealed Air Corp. (Containers & Packaging) | 70 | 4,754 | ||||||
ServiceNow, Inc.* (Software) | 176 | 103,097 | ||||||
Signature Bank (Banks) | 53 | 16,145 | ||||||
Simon Property Group, Inc. (Equity Real Estate Investment Trusts) | 173 | 25,466 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 69 | 10,110 | ||||||
SolarEdge Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 33 | 7,861 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 531 | 52,208 | ||||||
STERIS PLC (Health Care Equipment & Supplies) | 37 | 8,303 | ||||||
Stryker Corp. (Health Care Equipment & Supplies) | 122 | 30,262 | ||||||
SVB Financial Group* (Banks) | 51 | 29,779 | ||||||
Synchrony Financial (Consumer Finance) | 274 | 11,670 | ||||||
Synopsys, Inc.* (Software) | 91 | 28,256 | ||||||
T. Rowe Price Group, Inc. (Capital Markets) | 139 | 21,466 | ||||||
Take-Two Interactive Software, Inc.* (Entertainment) | 63 | 10,290 | ||||||
Target Corp. (Multiline Retail) | 236 | 52,021 | ||||||
Teradyne, Inc. (Semiconductors & Semiconductor Equipment) | 145 | 17,027 | ||||||
Tesla, Inc.* (Automobiles) | 720 | 674,438 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 400 | 71,796 | ||||||
The Charles Schwab Corp. (Capital Markets) | 902 | 79,105 | ||||||
The Estee Lauder Co., Inc. (Personal Products) | 121 | 37,727 | ||||||
The Goldman Sachs Group, Inc. (Capital Markets) | 300 | 106,403 | ||||||
The Hershey Co. (Food Products) | 57 | 11,233 | ||||||
The Home Depot, Inc. (Specialty Retail) | 709 | 260,189 | ||||||
The Sherwin-Williams Co. (Chemicals) | 113 | 32,376 | ||||||
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Services) | 347 | 201,710 | ||||||
Tractor Supply Co. (Specialty Retail) | 99 | 21,613 | ||||||
TransDigm Group, Inc.* (Aerospace & Defense) | 21 | 12,940 | ||||||
Trimble, Inc.* (Electronic Equipment, Instruments & Components) | 122 | 8,804 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 338 | 12,678 | ||||||
Tyler Technologies, Inc.* (Software) | 23 | 10,897 | ||||||
UDR, Inc. (Equity Real Estate Investment Trusts) | 141 | 8,014 | ||||||
Ulta Beauty, Inc.* (Specialty Retail) | 29 | 10,548 | ||||||
Under Armour, Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 70 | 1,318 | ||||||
Under Armour, Inc.*—Class C (Textiles, Apparel & Luxury Goods) | 77 | 1,231 | ||||||
Union Pacific Corp. (Road & Rail) | 233 | 56,981 | ||||||
United Parcel Service, Inc.—Class B (Air Freight & Logistics) | 277 | 56,012 | ||||||
United Rentals, Inc.* (Trading Companies & Distributors) | 37 | 11,844 | ||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 351 | 165,872 | ||||||
VeriSign, Inc.* (IT Services) | 40 | 8,687 | ||||||
Verisk Analytics, Inc. (Professional Services) | 73 | 14,317 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 135 | 32,812 | ||||||
Visa, Inc.—Class A (IT Services) | 638 | 144,297 | ||||||
Vulcan Materials Co. (Construction Materials) | 55 | 10,467 | ||||||
Waste Management, Inc. (Commercial Services & Supplies) | 172 | 25,876 | ||||||
Waters Corp.* (Life Sciences Tools & Services) | 39 | 12,485 | ||||||
West Pharmaceutical Services, Inc. (Health Care Equipment & Supplies) | 65 | 25,559 | ||||||
Weyerhaeuser Co. (Equity Real Estate Investment Trusts) | 276 | 11,159 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 162 | 31,355 | ||||||
Xylem, Inc. (Machinery) | 64 | 6,721 | ||||||
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 121 | 15,146 | ||||||
Zebra Technologies Corp.* (Electronic Equipment, Instruments & Components) | 33 | 16,801 | ||||||
Zions Bancorp (Banks) | 65 | 4,408 | ||||||
Zoetis, Inc. (Pharmaceuticals) | 276 | 55,142 | ||||||
TOTAL COMMON STOCKS (Cost $5,879,021) | 17,191,817 |
Repurchase Agreements(a) (0.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $18,000 | $ | 18,000 | $ | 18,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $18,000) | 18,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,897,021)—100.0% | 17,209,817 | |||||||
Net other assets (liabilities)—NM | (2,873 | ) | ||||||
NET ASSETS—100.0% | $ | 17,206,944 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Large-Cap Growth ProFund :: 73
Large-Cap Growth ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 28,218 | 0.2 | % | ||||
Air Freight & Logistics | 73,184 | 0.4 | % | |||||
Auto Components | 13,248 | 0.1 | % | |||||
Automobiles | 674,438 | 3.9 | % | |||||
Banks | 398,849 | 2.3 | % | |||||
Beverages | 103,585 | 0.6 | % | |||||
Biotechnology | 310,549 | 1.8 | % | |||||
Building Products | 43,494 | 0.3 | % | |||||
Capital Markets | 553,013 | 3.2 | % | |||||
Chemicals | 135,152 | 0.8 | % | |||||
Commercial Services & Supplies | 68,915 | 0.4 | % | |||||
Communications Equipment | 144,801 | 0.8 | % | |||||
Construction & Engineering | 6,985 | NM | ||||||
Construction Materials | 22,919 | 0.1 | % | |||||
Consumer Finance | 111,936 | 0.7 | % | |||||
Containers & Packaging | 12,355 | 0.1 | % | |||||
Distributors | 21,681 | 0.1 | % | |||||
Electric Utilities | 8,625 | 0.1 | % | |||||
Electrical Equipment | 30,860 | 0.2 | % | |||||
Electronic Equipment, Instruments & Components | 81,560 | 0.5 | % | |||||
Entertainment | 183,314 | 1.1 | % | |||||
Equity Real Estate Investment Trusts | 342,832 | 2.0 | % | |||||
Food & Staples Retailing | 101,026 | 0.6 | % | |||||
Food Products | 11,233 | 0.1 | % | |||||
Health Care Equipment & Supplies | 509,147 | 3.0 | % | |||||
Health Care Providers & Services | 213,954 | 1.2 | % | |||||
Hotels, Restaurants & Leisure | 204,914 | 1.2 | % | |||||
Household Durables | 36,793 | 0.2 | % | |||||
Insurance | 103,460 | 0.6 | % | |||||
Interactive Media & Services | 2,057,870 | 12.0 | % | |||||
Internet & Direct Marketing Retail | 1,194,718 | 6.9 | % | |||||
IT Services | 619,517 | 3.6 | % | |||||
Life Sciences Tools & Services | 362,252 | 2.1 | % | |||||
Machinery | 107,525 | 0.6 | % | |||||
Metals & Mining | 34,969 | 0.2 | % | |||||
Multiline Retail | 52,021 | 0.3 | % | |||||
Oil, Gas & Consumable Fuels | 142,057 | 0.8 | % | |||||
Personal Products | 37,727 | 0.2 | % | |||||
Pharmaceuticals | 377,862 | 2.2 | % | |||||
Professional Services | 73,703 | 0.4 | % | |||||
Real Estate Management & Development | 14,897 | 0.1 | % | |||||
Road & Rail | 90,320 | 0.5 | % | |||||
Semiconductors & Semiconductor Equipment | 1,420,212 | 8.3 | % | |||||
Software | 2,946,743 | 17.1 | % | |||||
Specialty Retail | 538,765 | 3.1 | % | |||||
Technology Hardware, Storage & Peripherals | 2,451,334 | 14.2 | % | |||||
Textiles, Apparel & Luxury Goods | 92,724 | 0.5 | % | |||||
Trading Companies & Distributors | 25,561 | 0.2 | % | |||||
Other** | 15,127 | 0.1 | % | |||||
Total | $ | 17,206,944 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
74 :: Large-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (99.9%)
Shares | Value | |||||||
3M Co. (Industrial Conglomerates) | 867 | $ | 143,939 | |||||
A.O. Smith Corp. (Building Products) | 98 | 7,489 | ||||||
Abbott Laboratories (Health Care Equipment & Supplies) | 1,235 | 157,413 | ||||||
AbbVie, Inc. (Biotechnology) | 1,215 | 166,322 | ||||||
ABIOMED, Inc.* (Health Care Equipment & Supplies) | 29 | 8,580 | ||||||
Accenture PLC—Class A (IT Services) | 399 | 141,078 | ||||||
Activision Blizzard, Inc. (Entertainment) | 1,176 | 92,916 | ||||||
Advance Auto Parts, Inc. (Specialty Retail) | 46 | 10,649 | ||||||
Aflac, Inc. (Insurance) | 919 | 57,732 | ||||||
Agilent Technologies, Inc. (Life Sciences Tools & Services) | 179 | 24,938 | ||||||
Air Products & Chemicals, Inc. (Chemicals) | 334 | 94,227 | ||||||
Akamai Technologies, Inc.* (IT Services) | 140 | 16,037 | ||||||
Alaska Air Group, Inc.* (Airlines) | 201 | 11,003 | ||||||
Albemarle Corp. (Chemicals) | 61 | 13,465 | ||||||
Alexandria Real Estate Equities, Inc. (Equity Real Estate Investment Trusts) | 211 | 41,111 | ||||||
Allegion PLC (Building Products) | 136 | 16,691 | ||||||
Alliant Energy Corp. (Electric Utilities) | 385 | 23,046 | ||||||
Altria Group, Inc. (Tobacco) | 2,772 | 141,039 | ||||||
Amcor PLC (Containers & Packaging) | 2,310 | 27,743 | ||||||
Ameren Corp. (Multi-Utilities) | 385 | 34,165 | ||||||
American Airlines Group, Inc.* (Airlines) | 982 | 16,174 | ||||||
American Electric Power Co., Inc. (Electric Utilities) | 757 | 68,433 | ||||||
American Express Co. (Consumer Finance) | 522 | 93,866 | ||||||
American International Group, Inc. (Insurance) | 1,252 | 72,303 | ||||||
American Tower Corp. (Equity Real Estate Investment Trusts) | 334 | 84,002 | ||||||
American Water Works Co., Inc. (Water Utilities) | 272 | 43,738 | ||||||
Ameriprise Financial, Inc. (Capital Markets) | 73 | 22,215 | ||||||
AmerisourceBergen Corp. (Health Care Providers & Services) | 223 | 30,373 | ||||||
AMETEK, Inc. (Electrical Equipment) | 351 | 48,006 | ||||||
Amgen, Inc. (Biotechnology) | 494 | 112,207 | ||||||
Amphenol Corp.—Class A (Electronic Equipment, Instruments & Components) | 419 | 33,348 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 800 | 131,176 | ||||||
ANSYS, Inc.* (Software) | 53 | 18,021 | ||||||
Anthem, Inc. (Health Care Providers & Services) | 365 | 160,961 | ||||||
Aon PLC (Insurance) | 136 | 37,596 | ||||||
APA Corp. (Oil, Gas & Consumable Fuels) | 244 | 8,103 | ||||||
Aptiv PLC* (Auto Components) | 237 | 32,369 | ||||||
Archer-Daniels-Midland Co. (Food Products) | 841 | 63,075 | ||||||
Arthur J. Gallagher & Co. (Insurance) | 175 | 27,640 | ||||||
Assurant, Inc. (Insurance) | 87 | 13,268 | ||||||
AT&T, Inc. (Diversified Telecommunication Services) | 10,731 | 273,641 | ||||||
Atmos Energy Corp. (Gas Utilities) | 192 | 20,586 | ||||||
Autodesk, Inc.* (Software) | 116 | 28,976 | ||||||
Automatic Data Processing, Inc. (IT Services) | 293 | 60,408 | ||||||
AvalonBay Communities, Inc. (Equity Real Estate Investment Trusts) | 124 | 30,285 | ||||||
Avery Dennison Corp. (Containers & Packaging) | 61 | 12,531 | ||||||
Baker Hughes Co.—Class A (Energy Equipment & Services) | 1,320 | 36,221 | ||||||
Ball Corp. (Containers & Packaging) | 483 | 46,899 | ||||||
Bank of America Corp. (Banks) | 6,060 | 279,608 | ||||||
Bath & Body Works, Inc. (Specialty Retail) | 140 | 7,850 | ||||||
Baxter International, Inc. (Health Care Equipment & Supplies) | 754 | 64,422 | ||||||
Becton, Dickinson & Co. (Health Care Equipment & Supplies) | 428 | 108,772 | ||||||
Berkshire Hathaway, Inc.*—Class B (Diversified Financial Services) | 2,750 | 860,805 | ||||||
Best Buy Co., Inc. (Specialty Retail) | 334 | 33,160 | ||||||
Biogen, Inc.* (Biotechnology) | 218 | 49,268 | ||||||
Bio-Rad Laboratories, Inc.*—Class A (Life Sciences Tools & Services) | 14 | 8,396 | ||||||
BlackRock, Inc.—Class A (Capital Markets) | 109 | 89,700 | ||||||
Booking Holdings, Inc.* (Hotels, Restaurants & Leisure) | 61 | 149,825 | ||||||
BorgWarner, Inc. (Auto Components) | 370 | 16,225 | ||||||
Boston Properties, Inc. (Equity Real Estate Investment Trusts) | 211 | 23,649 | ||||||
Boston Scientific Corp.* (Health Care Equipment & Supplies) | 2,147 | 92,106 | ||||||
Bristol-Myers Squibb Co. (Pharmaceuticals) | 3,345 | 217,057 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 262 | 153,501 | ||||||
Broadridge Financial Solutions, Inc. (IT Services) | 103 | 16,400 | ||||||
Brown & Brown, Inc. (Insurance) | 103 | 6,827 | ||||||
Brown-Forman Corp.—Class B (Beverages) | 274 | 18,476 | ||||||
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 190 | 19,884 | ||||||
Caesars Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 114 | 8,680 | ||||||
Campbell Soup Co. (Food Products) | 310 | 13,677 | ||||||
Capital One Financial Corp. (Consumer Finance) | 334 | 49,008 | ||||||
Cardinal Health, Inc. (Health Care Providers & Services) | 434 | 22,381 | ||||||
CarMax, Inc.* (Specialty Retail) | 114 | 12,673 | ||||||
Carnival Corp.*—Class A (Hotels, Restaurants & Leisure) | 1,217 | 24,109 | ||||||
Carrier Global Corp. (Building Products) | 1,310 | 62,461 | ||||||
Catalent, Inc.* (Pharmaceuticals) | 109 | 11,328 | ||||||
Caterpillar, Inc. (Machinery) | 808 | 162,860 | ||||||
Cboe Global Markets, Inc. (Capital Markets) | 73 | 8,653 | ||||||
CBRE Group, Inc.*—Class A (Real Estate Management & Development) | 251 | 25,436 | ||||||
CDW Corp. (Electronic Equipment, Instruments & Components) | 87 | 16,447 | ||||||
Celanese Corp. (Chemicals) | 96 | 14,948 | ||||||
Centene Corp.* (Health Care Providers & Services) | 874 | 67,962 | ||||||
CenterPoint Energy, Inc. (Multi-Utilities) | 951 | 26,970 | ||||||
Ceridian HCM Holding, Inc.* (Software) | 123 | 9,326 | ||||||
Cerner Corp. (Health Care Technology) | 445 | 40,584 | ||||||
CF Industries Holdings, Inc. (Chemicals) | 123 | 8,471 | ||||||
Charter Communications, Inc.*—Class A (Media) | 179 | 106,207 | ||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 2,891 | 379,675 | ||||||
Chipotle Mexican Grill, Inc.* (Hotels, Restaurants & Leisure) | 14 | 20,798 | ||||||
Chubb, Ltd. (Insurance) | 640 | 126,258 | ||||||
Church & Dwight Co., Inc. (Household Products) | 365 | 37,467 | ||||||
Cigna Corp. (Health Care Providers & Services) | 494 | 113,847 | ||||||
Cincinnati Financial Corp. (Insurance) | 114 | 13,433 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 76 | 29,756 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Large-Cap Value ProFund :: 75
Common Stocks, continued
Shares | Value | |||||||
Cisco Systems, Inc. (Communications Equipment) | 3,489 | $ | 194,232 | |||||
Citigroup, Inc. (Banks) | 2,985 | 194,383 | ||||||
Citizens Financial Group, Inc. (Banks) | 646 | 33,250 | ||||||
Citrix Systems, Inc. (Software) | 187 | 19,063 | ||||||
CME Group, Inc. (Capital Markets) | 534 | 122,553 | ||||||
CMS Energy Corp. (Multi-Utilities) | 437 | 28,134 | ||||||
Cognizant Technology Solutions Corp.— Class A (IT Services) | 785 | 67,055 | ||||||
Colgate-Palmolive Co. (Household Products) | 1,274 | 105,041 | ||||||
Comcast Corp.—Class A (Media) | 6,848 | 342,331 | ||||||
Comerica, Inc. (Banks) | 109 | 10,113 | ||||||
Conagra Brands, Inc. (Food Products) | 728 | 25,305 | ||||||
ConocoPhillips (Oil, Gas & Consumable Fuels) | 1,981 | 175,556 | ||||||
Consolidated Edison, Inc. (Multi-Utilities) | 531 | 45,905 | ||||||
Constellation Brands, Inc.—Class A (Beverages) | 240 | 57,060 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 109 | 14,088 | ||||||
Corning, Inc. (Electronic Equipment, Instruments & Components) | 1,155 | 48,556 | ||||||
Corteva, Inc. (Chemicals) | 1,098 | 52,792 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 324 | 163,662 | ||||||
Coterra Energy, Inc. (Oil, Gas & Consumable Fuels) | 1,220 | 26,718 | ||||||
Crown Castle International Corp. (Equity Real Estate Investment Trusts) | 357 | 65,156 | ||||||
CSX Corp. (Road & Rail) | 3,333 | 114,055 | ||||||
Cummins, Inc. (Machinery) | 214 | 47,268 | ||||||
CVS Health Corp. (Health Care Providers & Services) | 1,990 | 211,955 | ||||||
D.R. Horton, Inc. (Household Durables) | 225 | 20,075 | ||||||
Danaher Corp. (Health Care Equipment & Supplies) | 305 | 87,166 | ||||||
Darden Restaurants, Inc. (Hotels, Restaurants & Leisure) | 190 | 26,575 | ||||||
DaVita, Inc.* (Health Care Providers & Services) | 103 | 11,162 | ||||||
Deere & Co. (Machinery) | 225 | 84,690 | ||||||
Delta Air Lines, Inc.* (Airlines) | 959 | 38,063 | ||||||
DENTSPLY SIRONA, Inc. (Health Care Equipment & Supplies) | 332 | 17,735 | ||||||
Digital Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 427 | 63,721 | ||||||
Discovery, Inc.*(a) (Media) | 259 | 7,229 | ||||||
Discovery, Inc.*(a)—Class C (Media) | 468 | 12,800 | ||||||
DISH Network Corp.*—Class A (Media) | 372 | 11,681 | ||||||
Dollar General Corp. (Multiline Retail) | 351 | 73,177 | ||||||
Dollar Tree, Inc.* (Multiline Retail) | 343 | 45,008 | ||||||
Dominion Energy, Inc. (Multi-Utilities) | 1,226 | 98,889 | ||||||
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 16 | 7,274 | ||||||
Dover Corp. (Machinery) | 116 | 19,710 | ||||||
Dow, Inc. (Chemicals) | 1,119 | 66,838 | ||||||
DTE Energy Co. (Multi-Utilities) | 291 | 35,045 | ||||||
Duke Energy Corp. (Electric Utilities) | 1,150 | 120,819 | ||||||
Duke Realty Corp. (Equity Real Estate Investment Trusts) | 206 | 11,903 | ||||||
DuPont de Nemours, Inc. (Chemicals) | 781 | 59,825 | ||||||
DXC Technology Co.* (IT Services) | 385 | 11,581 | ||||||
Eastman Chemical Co. (Chemicals) | 200 | 23,786 | ||||||
Eaton Corp. PLC (Electrical Equipment) | 597 | 94,583 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 215 | 12,915 | ||||||
Ecolab, Inc. (Chemicals) | 379 | 71,802 | ||||||
Edison International (Electric Utilities) | 570 | 35,790 | ||||||
Edwards Lifesciences Corp.* (Health Care Equipment & Supplies) | 351 | 38,329 | ||||||
Electronic Arts, Inc. (Entertainment) | 418 | 55,452 | ||||||
Emerson Electric Co. (Electrical Equipment) | 898 | 82,571 | ||||||
Entergy Corp. (Electric Utilities) | 301 | 33,643 | ||||||
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 471 | 52,507 | ||||||
Equinix, Inc. (Equity Real Estate Investment Trusts) | 76 | 55,092 | ||||||
Equity Residential (Equity Real Estate Investment Trusts) | 509 | 45,164 | ||||||
Essex Property Trust, Inc. (Equity Real Estate Investment Trusts) | 61 | 20,283 | ||||||
Everest Re Group, Ltd. (Insurance) | 61 | 17,287 | ||||||
Evergy, Inc. (Electric Utilities) | 351 | 22,801 | ||||||
Eversource Energy (Electric Utilities) | 515 | 46,087 | ||||||
Exelon Corp. (Electric Utilities) | 1,473 | 85,360 | ||||||
Expedia Group, Inc.* (Hotels, Restaurants & Leisure) | 218 | 39,957 | ||||||
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 6,362 | 483,258 | ||||||
F5, Inc.* (Communications Equipment) | 46 | 9,551 | ||||||
FactSet Research Systems, Inc. (Capital Markets) | 21 | 8,860 | ||||||
Fastenal Co. (Trading Companies & Distributors) | 443 | 25,109 | ||||||
Federal Realty Investment Trust (Equity Real Estate Investment Trusts) | 61 | 7,777 | ||||||
FedEx Corp. (Air Freight & Logistics) | 368 | 90,476 | ||||||
Fidelity National Information Services, Inc. (IT Services) | 910 | 109,127 | ||||||
Fifth Third Bancorp (Banks) | 1,034 | 46,147 | ||||||
First Horizon Corp. (Banks) | 1 | 15 | ||||||
FirstEnergy Corp. (Electric Utilities) | 828 | 34,743 | ||||||
Fiserv, Inc.* (IT Services) | 891 | 94,179 | ||||||
FleetCor Technologies, Inc.* (IT Services) | 124 | 29,544 | ||||||
FMC Corp. (Chemicals) | 187 | 20,639 | ||||||
Ford Motor Co. (Automobiles) | 5,899 | 119,750 | ||||||
Fortive Corp. (Machinery) | 531 | 37,457 | ||||||
Fortune Brands Home & Security, Inc. (Building Products) | 113 | 10,641 | ||||||
Fox Corp.—Class A (Media) | 489 | 19,858 | ||||||
Fox Corp.—Class B (Media) | 227 | 8,440 | ||||||
Franklin Resources, Inc. (Capital Markets) | 240 | 7,673 | ||||||
Freeport-McMoRan, Inc. (Metals & Mining) | 1,233 | 45,892 | ||||||
Garmin, Ltd. (Household Durables) | 114 | 14,184 | ||||||
General Dynamics Corp. (Aerospace & Defense) | 351 | 74,447 | ||||||
General Electric Co. (Industrial Conglomerates) | 1,657 | 156,553 | ||||||
General Mills, Inc. (Food Products) | 919 | 63,117 | ||||||
General Motors Co.* (Automobiles) | 2,191 | 115,531 | ||||||
Genuine Parts Co. (Distributors) | 211 | 28,112 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 1,879 | 129,050 | ||||||
Global Payments, Inc. (IT Services) | 433 | 64,898 | ||||||
Globe Life, Inc. (Insurance) | 140 | 14,322 | ||||||
Halliburton Co. (Energy Equipment & Services) | 1,352 | 41,560 | ||||||
Hartford Financial Services Group, Inc. (Insurance) | 517 | 37,157 | ||||||
Hasbro, Inc. (Leisure Products) | 190 | 17,571 | ||||||
HCA Healthcare, Inc. (Health Care Providers & Services) | 148 | 35,527 |
See accompanying notes to the financial statements.
76 :: Large-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Healthpeak Properties, Inc. (Equity Real Estate Investment Trusts) | 814 | $ | 28,791 | |||||
Henry Schein, Inc.* (Health Care Providers & Services) | 207 | 15,587 | ||||||
Hess Corp. (Oil, Gas & Consumable Fuels) | 114 | 10,521 | ||||||
Hewlett Packard Enterprises Co. (Technology Hardware, Storage & Peripherals) | 1,973 | 32,219 | ||||||
Hilton Worldwide Holdings, Inc.* (Hotels, Restaurants & Leisure) | 240 | 34,826 | ||||||
Hologic, Inc.* (Health Care Equipment & Supplies) | 99 | 6,954 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 1,042 | 213,069 | ||||||
Hormel Foods Corp. (Food Products) | 433 | 20,555 | ||||||
Host Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 1,080 | 18,727 | ||||||
Howmet Aerospace, Inc. (Aerospace & Defense) | 590 | 18,343 | ||||||
HP, Inc. (Technology Hardware, Storage & Peripherals) | 871 | 31,992 | ||||||
Humana, Inc. (Health Care Providers & Services) | 190 | 74,575 | ||||||
Huntington Bancshares, Inc. (Banks) | 2,179 | 32,816 | ||||||
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 61 | 11,419 | ||||||
IDEX Corp. (Machinery) | 73 | 15,727 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 35 | 17,756 | ||||||
IHS Markit, Ltd. (Professional Services) | 309 | 36,087 | ||||||
Illinois Tool Works, Inc. (Machinery) | 251 | 58,714 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 116 | 40,463 | ||||||
Incyte Corp.* (Biotechnology) | 162 | 12,041 | ||||||
Ingersoll Rand, Inc. (Machinery) | 619 | 34,794 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 6,112 | 298,387 | ||||||
Intercontinental Exchange, Inc. (Capital Markets) | 365 | 46,231 | ||||||
International Business Machines Corp. (IT Services) | 1,346 | 179,785 | ||||||
International Flavors & Fragrances, Inc. (Chemicals) | 380 | 50,130 | ||||||
International Paper Co. (Containers & Packaging) | 594 | 28,661 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 161 | 45,753 | ||||||
Invesco, Ltd. (Capital Markets) | 520 | 11,783 | ||||||
IPG Photonics Corp.* (Electronic Equipment, Instruments & Components) | 53 | 8,187 | ||||||
IQVIA Holdings, Inc.* (Life Sciences Tools & Services) | 76 | 18,612 | ||||||
Iron Mountain, Inc. (Equity Real Estate Investment Trusts) | 174 | 7,990 | ||||||
J.B. Hunt Transport Services, Inc. (Road & Rail) | 53 | 10,205 | ||||||
Jack Henry & Associates, Inc. (IT Services) | 114 | 19,130 | ||||||
Jacobs Engineering Group, Inc. (Professional Services) | 110 | 14,320 | ||||||
Johnson & Johnson (Pharmaceuticals) | 3,950 | 680,547 | ||||||
Johnson Controls International PLC (Building Products) | 413 | 30,013 | ||||||
JPMorgan Chase & Co. (Banks) | 2,394 | 355,748 | ||||||
Juniper Networks, Inc. (Communications Equipment) | 501 | 17,445 | ||||||
Kellogg Co. (Food Products) | 388 | 24,444 | ||||||
KeyCorp (Banks) | 1,396 | 34,984 | ||||||
Keysight Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 76 | 12,830 | ||||||
Kimberly-Clark Corp. (Household Products) | 502 | 69,100 | ||||||
Kimco Realty Corp. (Equity Real Estate Investment Trusts) | 932 | 22,610 | ||||||
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 2,933 | 50,917 | ||||||
L3Harris Technologies, Inc. (Aerospace & Defense) | 164 | 34,324 | ||||||
Laboratory Corp. of America Holdings* (Health Care Providers & Services) | 73 | 19,809 | ||||||
Lamb Weston Holding, Inc. (Food Products) | 231 | 14,833 | ||||||
Las Vegas Sands Corp.* (Hotels, Restaurants & Leisure) | 520 | 22,776 | ||||||
Leidos Holdings, Inc. (Professional Services) | 211 | 18,874 | ||||||
Lennar Corp.—Class A (Household Durables) | 412 | 39,597 | ||||||
Lincoln National Corp. (Insurance) | 255 | 17,845 | ||||||
Linde PLC (Chemicals) | 379 | 120,779 | ||||||
Live Nation Entertainment, Inc.* (Entertainment) | 116 | 12,703 | ||||||
LKQ Corp. (Distributors) | 236 | 12,954 | ||||||
Lockheed Martin Corp. (Aerospace & Defense) | 368 | 143,200 | ||||||
Loews Corp. (Insurance) | 309 | 18,435 | ||||||
Lumen Technologies, Inc. (Diversified Telecommunication Services) | 1,393 | 17,217 | ||||||
LyondellBasell Industries N.V.—Class A (Chemicals) | 394 | 38,112 | ||||||
M&T Bank Corp. (Banks) | 190 | 32,182 | ||||||
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 1,168 | 22,741 | ||||||
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 933 | 66,943 | ||||||
MarketAxess Holdings, Inc. (Capital Markets) | 28 | 9,645 | ||||||
Marriott International, Inc.*—Class A (Hotels, Restaurants & Leisure) | 412 | 66,324 | ||||||
Marsh & McLennan Cos., Inc. (Insurance) | 293 | 45,017 | ||||||
Martin Marietta Materials, Inc. (Construction Materials) | 35 | 13,619 | ||||||
Masco Corp. (Building Products) | 190 | 12,033 | ||||||
Mastercard, Inc.—Class A (IT Services) | 689 | 266,216 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 418 | 47,109 | ||||||
McCormick & Co., Inc. (Food Products) | 379 | 38,017 | ||||||
McDonald's Corp. (Hotels, Restaurants & Leisure) | 615 | 159,563 | ||||||
McKesson Corp. (Health Care Providers & Services) | 225 | 57,762 | ||||||
Medtronic PLC (Health Care Equipment & Supplies) | 2,021 | 209,153 | ||||||
Merck & Co., Inc. (Pharmaceuticals) | 3,801 | 309,705 | ||||||
MetLife, Inc. (Insurance) | 1,073 | 71,955 | ||||||
Mettler-Toledo International, Inc.* (Life Sciences Tools & Services) | 14 | 20,618 | ||||||
MGM Resorts International (Hotels, Restaurants & Leisure) | 595 | 25,418 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 428 | 33,161 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 1,684 | 138,543 | ||||||
Mid-America Apartment Communities, Inc. (Equity Real Estate Investment Trusts) | 73 | 15,088 | ||||||
Mohawk Industries, Inc.* (Household Durables) | 87 | 13,735 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Large-Cap Value ProFund :: 77
Common Stocks, continued
Shares | Value | |||||||
Molson Coors Beverage Co.—Class B (Beverages) | 283 | $ | 13,488 | |||||
Mondelez International, Inc.—Class A (Food Products) | 2,104 | 141,031 | ||||||
Monster Beverage Corp.* (Beverages) | 272 | 23,588 | ||||||
Moody's Corp. (Capital Markets) | 87 | 29,841 | ||||||
Morgan Stanley (Capital Markets) | 1,095 | 112,281 | ||||||
Motorola Solutions, Inc. (Communications Equipment) | 109 | 25,281 | ||||||
Nasdaq, Inc. (Capital Markets) | 35 | 6,272 | ||||||
NetApp, Inc. (Technology Hardware, Storage & Peripherals) | 98 | 8,478 | ||||||
Newell Brands, Inc. (Household Durables) | 265 | 6,151 | ||||||
Newmont Corp. (Metals & Mining) | 1,205 | 73,710 | ||||||
News Corp.—Class A (Media) | 594 | 13,211 | ||||||
News Corp.—Class B (Media) | 189 | 4,203 | ||||||
NextEra Energy, Inc. (Electric Utilities) | 2,944 | 229,984 | ||||||
Nielsen Holdings PLC (Professional Services) | 546 | 10,298 | ||||||
NIKE, Inc.—Class B (Textiles, Apparel & Luxury Goods) | 885 | 131,042 | ||||||
NiSource, Inc. (Multi-Utilities) | 596 | 17,391 | ||||||
Norfolk Southern Corp. (Road & Rail) | 368 | 100,092 | ||||||
Northern Trust Corp. (Capital Markets) | 308 | 35,925 | ||||||
Northrop Grumman Corp. (Aerospace & Defense) | 223 | 82,488 | ||||||
NortonLifelock, Inc. (Software) | 882 | 22,941 | ||||||
Norwegian Cruise Line Holdings, Ltd.* (Hotels, Restaurants & Leisure) | 563 | 11,727 | ||||||
Nucor Corp. (Metals & Mining) | 192 | 19,469 | ||||||
NVR, Inc.* (Household Durables) | 2 | 10,654 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 148 | 30,405 | ||||||
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 789 | 29,722 | ||||||
Omnicom Group, Inc. (Media) | 317 | 23,889 | ||||||
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 383 | 23,240 | ||||||
Organon & Co. (Pharmaceuticals) | 385 | 12,285 | ||||||
Otis Worldwide Corp. (Machinery) | 380 | 32,463 | ||||||
PACCAR, Inc. (Machinery) | 517 | 48,076 | ||||||
Packaging Corp. of America (Containers & Packaging) | 140 | 21,088 | ||||||
Parker-Hannifin Corp. (Machinery) | 190 | 58,902 | ||||||
Paychex, Inc. (IT Services) | 223 | 26,260 | ||||||
Paycom Software, Inc.* (Software) | 16 | 5,365 | ||||||
PayPal Holdings, Inc.* (IT Services) | 808 | 138,928 | ||||||
Penn National Gaming, Inc.* (Hotels, Restaurants & Leisure) | 261 | 11,904 | ||||||
Pentair PLC (Machinery) | 99 | 6,306 | ||||||
People's United Financial, Inc. (Banks) | 653 | 12,655 | ||||||
PepsiCo, Inc. (Beverages) | 1,201 | 208,397 | ||||||
Pfizer, Inc. (Pharmaceuticals) | 3,884 | 204,648 | ||||||
Philip Morris International, Inc. (Tobacco) | 2,340 | 240,669 | ||||||
Phillips 66 (Oil, Gas & Consumable Fuels) | 666 | 56,470 | ||||||
Pinnacle West Capital Corp. (Electric Utilities) | 165 | 11,486 | ||||||
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 148 | 32,396 | ||||||
PPG Industries, Inc. (Chemicals) | 357 | 55,763 | ||||||
PPL Corp. (Electric Utilities) | 1,135 | 33,687 | ||||||
Principal Financial Group, Inc. (Insurance) | 370 | 27,032 | ||||||
Prologis, Inc. (Equity Real Estate Investment Trusts) | 428 | 67,119 | ||||||
Prudential Financial, Inc. (Insurance) | 563 | 62,814 | ||||||
PTC, Inc.* (Software) | 82 | 9,533 | ||||||
Public Service Enterprise Group, Inc. (Multi-Utilities) | 767 | 51,029 | ||||||
Public Storage (Equity Real Estate Investment Trusts) | 96 | 34,419 | ||||||
PulteGroup, Inc. (Household Durables) | 382 | 20,128 | ||||||
PVH Corp. (Textiles, Apparel & Luxury Goods) | 109 | 10,356 | ||||||
Qorvo, Inc.* (Semiconductors & Semiconductor Equipment) | 87 | 11,943 | ||||||
Quanta Services, Inc. (Construction & Engineering) | 103 | 10,580 | ||||||
Quest Diagnostics, Inc. (Health Care Providers & Services) | 103 | 13,907 | ||||||
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 76 | 8,424 | ||||||
Raymond James Financial, Inc. (Capital Markets) | 113 | 11,963 | ||||||
Raytheon Technologies Corp. (Aerospace & Defense) | 2,250 | 202,927 | ||||||
Realty Income Corp. (Equity Real Estate Investment Trusts) | 858 | 59,554 | ||||||
Regency Centers Corp. (Equity Real Estate Investment Trusts) | 228 | 16,359 | ||||||
Regions Financial Corp. (Banks) | 787 | 18,054 | ||||||
Republic Services, Inc. (Commercial Services & Supplies) | 175 | 22,341 | ||||||
ResMed, Inc. (Health Care Equipment & Supplies) | 96 | 21,946 | ||||||
Robert Half International, Inc. (Professional Services) | 53 | 6,003 | ||||||
Rockwell Automation, Inc. (Electrical Equipment) | 87 | 25,162 | ||||||
Rollins, Inc. (Commercial Services & Supplies) | 194 | 5,985 | ||||||
Roper Technologies, Inc. (Industrial Conglomerates) | 161 | 70,383 | ||||||
Ross Stores, Inc. (Specialty Retail) | 531 | 51,905 | ||||||
Royal Caribbean Cruises, Ltd.* (Hotels, Restaurants & Leisure) | 340 | 26,455 | ||||||
S&P Global, Inc. (Capital Markets) | 140 | 58,131 | ||||||
Salesforce.com, Inc.* (Software) | 575 | 133,761 | ||||||
SBA Communications Corp. (Equity Real Estate Investment Trusts) | 76 | 24,733 | ||||||
Schlumberger, Ltd. (Energy Equipment & Services) | 2,117 | 82,711 | ||||||
Seagate Technology Holdings PLC (Technology Hardware, Storage & Peripherals) | 87 | 9,322 | ||||||
Sealed Air Corp. (Containers & Packaging) | 96 | 6,520 | ||||||
Sempra Energy (Multi-Utilities) | 479 | 66,179 | ||||||
Simon Property Group, Inc. (Equity Real Estate Investment Trusts) | 192 | 28,262 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 136 | 19,927 | ||||||
Snap-on, Inc. (Machinery) | 82 | 17,077 | ||||||
SolarEdge Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 16 | 3,812 | ||||||
Southwest Airlines Co.* (Airlines) | 897 | 40,149 | ||||||
Stanley Black & Decker, Inc. (Machinery) | 240 | 41,916 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 872 | 85,736 | ||||||
State Street Corp. (Capital Markets) | 544 | 51,408 | ||||||
STERIS PLC (Health Care Equipment & Supplies) | 92 | 20,645 |
See accompanying notes to the financial statements.
78 :: Large-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Stryker Corp. (Health Care Equipment & Supplies) | 293 | $ | 72,679 | |||||
Synchrony Financial (Consumer Finance) | 365 | 15,545 | ||||||
Synopsys, Inc.* (Software) | 76 | 23,598 | ||||||
Sysco Corp. (Food & Staples Retailing) | 774 | 60,488 | ||||||
T. Rowe Price Group, Inc. (Capital Markets) | 109 | 16,833 | ||||||
Take-Two Interactive Software, Inc.* (Entertainment) | 73 | 11,924 | ||||||
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | 421 | 15,977 | ||||||
Target Corp. (Multiline Retail) | 326 | 71,860 | ||||||
TE Connectivity, Ltd. (Electronic Equipment, Instruments & Components) | 488 | 69,789 | ||||||
Teledyne Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 76 | 32,029 | ||||||
Teleflex, Inc. (Health Care Equipment & Supplies) | 76 | 23,574 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 702 | 126,002 | ||||||
Textron, Inc. (Aerospace & Defense) | 324 | 22,051 | ||||||
The AES Corp. (Independent Power and Renewable Electricity Producers) | 1,010 | 22,402 | ||||||
The Allstate Corp. (Insurance) | 428 | 51,647 | ||||||
The Bank of New York Mellon Corp. (Capital Markets) | 1,149 | 68,090 | ||||||
The Boeing Co.* (Aerospace & Defense) | 819 | 163,996 | ||||||
The Charles Schwab Corp. (Capital Markets) | 727 | 63,758 | ||||||
The Clorox Co. (Household Products) | 179 | 30,047 | ||||||
The Coca-Cola Co. (Beverages) | 5,851 | 356,969 | ||||||
The Cooper Cos., Inc. (Health Care Equipment & Supplies) | 76 | 30,271 | ||||||
The Estee Lauder Co., Inc. (Personal Products) | 140 | 43,651 | ||||||
The Gap, Inc. (Specialty Retail) | 325 | 5,873 | ||||||
The Hershey Co. (Food Products) | 124 | 24,437 | ||||||
The Home Depot, Inc. (Specialty Retail) | 380 | 139,452 | ||||||
The Interpublic Group of Cos., Inc. (Media) | 601 | 21,360 | ||||||
The JM Smucker Co.—Class A (Food Products) | 161 | 22,633 | ||||||
The Kraft Heinz Co. (Food Products) | 1,078 | 38,592 | ||||||
The Kroger Co. (Food & Staples Retailing) | 1,019 | 44,418 | ||||||
The Mosaic Co. (Chemicals) | 560 | 22,372 | ||||||
The PNC Financial Services Group, Inc. (Banks) | 634 | 130,598 | ||||||
The Procter & Gamble Co. (Household Products) | 3,633 | 582,916 | ||||||
The Progressive Corp. (Insurance) | 877 | 95,294 | ||||||
The Sherwin-Williams Co. (Chemicals) | 164 | 46,988 | ||||||
The Southern Co. (Electric Utilities) | 1,597 | 110,976 | ||||||
The TJX Cos., Inc. (Specialty Retail) | 1,804 | 129,834 | ||||||
The Travelers Cos., Inc. (Insurance) | 373 | 61,985 | ||||||
The Walt Disney Co.* (Entertainment) | 2,734 | 390,880 | ||||||
The Williams Cos., Inc. (Oil, Gas & Consumable Fuels) | 1,838 | 55,030 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 877 | 94,865 | ||||||
Trane Technologies PLC (Building Products) | 357 | 61,797 | ||||||
TransDigm Group, Inc.* (Aerospace & Defense) | 46 | 28,345 | ||||||
Trimble, Inc.* (Electronic Equipment, Instruments & Components) | 162 | 11,690 | ||||||
Truist Financial Corp. (Banks) | 2,004 | 125,891 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 630 | 23,631 | ||||||
Tyler Technologies, Inc.* (Software) | 21 | 9,950 | ||||||
Tyson Foods, Inc.—Class A (Food Products) | 439 | 39,901 | ||||||
U.S. Bancorp (Banks) | 2,032 | 118,242 | ||||||
UDR, Inc. (Equity Real Estate Investment Trusts) | 206 | 11,709 | ||||||
Ulta Beauty, Inc.* (Specialty Retail) | 35 | 12,731 | ||||||
Under Armour, Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 165 | 3,107 | ||||||
Under Armour, Inc.*—Class C (Textiles, Apparel & Luxury Goods) | 187 | 2,990 | ||||||
Union Pacific Corp. (Road & Rail) | 563 | 137,682 | ||||||
United Airlines Holdings , Inc.* (Airlines) | 492 | 21,097 | ||||||
United Parcel Service, Inc.—Class B (Air Freight & Logistics) | 627 | 126,786 | ||||||
United Rentals, Inc.* (Trading Companies & Distributors) | 46 | 14,726 | ||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 817 | 386,091 | ||||||
Universal Health Services, Inc.—Class B (Health Care Providers & Services) | 110 | 14,307 | ||||||
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 619 | 51,358 | ||||||
Ventas, Inc. (Equity Real Estate Investment Trusts) | 607 | 32,183 | ||||||
VeriSign, Inc.* (IT Services) | 76 | 16,506 | ||||||
Verisk Analytics, Inc. (Professional Services) | 116 | 22,751 | ||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 6,224 | 331,303 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 148 | 35,971 | ||||||
VF Corp. (Textiles, Apparel & Luxury Goods) | 492 | 32,083 | ||||||
ViacomCBS, Inc.—Class B (Media) | 917 | 30,674 | ||||||
Viatris, Inc. (Pharmaceuticals) | 1,829 | 27,380 | ||||||
Visa, Inc.—Class A (IT Services) | 1,435 | 324,554 | ||||||
Vornado Realty Trust (Equity Real Estate Investment Trusts) | 253 | 10,376 | ||||||
Vulcan Materials Co. (Construction Materials) | 109 | 20,744 | ||||||
W.R. Berkley Corp. (Insurance) | 211 | 17,830 | ||||||
W.W. Grainger, Inc. (Trading Companies & Distributors) | 73 | 36,143 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 1,085 | 53,990 | ||||||
Walmart, Inc. (Food & Staples Retailing) | 2,134 | 298,355 | ||||||
Waste Management, Inc. (Commercial Services & Supplies) | 283 | 42,574 | ||||||
Waters Corp.* (Life Sciences Tools & Services) | 21 | 6,723 | ||||||
WEC Energy Group, Inc. (Multi-Utilities) | 471 | 45,706 | ||||||
Wells Fargo & Co. (Banks) | 6,000 | 322,800 | ||||||
Welltower, Inc. (Equity Real Estate Investment Trusts) | 653 | 56,569 | ||||||
Western Digital Corp.* (Technology Hardware, Storage & Peripherals) | 477 | 24,680 | ||||||
Westinghouse Air Brake Technologies Corp. (Machinery) | 283 | 25,159 | ||||||
WestRock Co. (Containers & Packaging) | 406 | 18,741 | ||||||
Weyerhaeuser Co. (Equity Real Estate Investment Trusts) | 654 | 26,441 | ||||||
Whirlpool Corp. (Household Durables) | 92 | 19,337 | ||||||
Willis Towers Watson PLC (Insurance) | 187 | 43,751 | ||||||
Wynn Resorts, Ltd.* (Hotels, Restaurants & Leisure) | 161 | 13,757 | ||||||
Xcel Energy, Inc. (Electric Utilities) | 810 | 56,425 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 103 | 19,936 | ||||||
Xylem, Inc. (Machinery) | 161 | 16,908 | ||||||
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 237 | 29,665 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Large-Cap Value ProFund :: 79
Common Stocks, continued
Shares | Value | |||||||
Zebra Technologies Corp.* (Electronic Equipment, Instruments & Components) | 21 | $ | 10,692 | |||||
Zimmer Biomet Holdings, Inc. (Health Care Equipment & Supplies) | 314 | 38,628 | ||||||
Zions Bancorp (Banks) | 124 | 8,410 | ||||||
Zoetis, Inc. (Pharmaceuticals) | 237 | 47,350 | ||||||
TOTAL COMMON STOCKS (Cost $26,400,955) | 28,214,883 | |||||||
Collateral for Securities Loaned(b) (0.1%) | ||||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(c) | 14,853 | 14,853 | ||||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $14,853) | 14,853 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $26,415,808)—100.0% | 28,229,736 | |||||||
Net other assets (liabilities)—NM | (13,744 | ) | ||||||
NET ASSETS—100.0% | $ | 28,215,992 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $14,917. |
(b) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(c) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Large-Cap Value ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 781,541 | 2.8 | % | ||||
Air Freight & Logistics | 237,146 | 0.8 | % | |||||
Airlines | 126,486 | 0.4 | % | |||||
Auto Components | 48,594 | 0.2 | % | |||||
Automobiles | 235,281 | 0.8 | % | |||||
Banks | 1,755,896 | 6.2 | % | |||||
Beverages | 677,978 | 2.4 | % | |||||
Biotechnology | 504,859 | 1.8 | % | |||||
Building Products | 201,125 | 0.7 | % | |||||
Capital Markets | 781,815 | 2.8 | % | |||||
Chemicals | 760,937 | 2.7 | % | |||||
Commercial Services & Supplies | 114,744 | 0.4 | % | |||||
Communications Equipment | 246,509 | 0.9 | % | |||||
Construction & Engineering | 10,580 | NM | ||||||
Construction Materials | 34,363 | 0.1 | % | |||||
Consumer Finance | 158,419 | 0.6 | % | |||||
Containers & Packaging | 162,183 | 0.6 | % | |||||
Distributors | 41,066 | 0.1 | % | |||||
Diversified Financial Services | 860,805 | 3.0 | % | |||||
Diversified Telecommunication Services | 622,161 | 2.2 | % | |||||
Electric Utilities | 913,280 | 3.2 | % | |||||
Electrical Equipment | 250,322 | 0.9 | % | |||||
Electronic Equipment, Instruments & Components | 243,568 | 0.9 | % | |||||
Energy Equipment & Services | 160,492 | 0.6 | % | |||||
Entertainment | 563,875 | 2.0 | % | |||||
Equity Real Estate Investment Trusts | 909,072 | 3.2 | % | |||||
Food & Staples Retailing | 620,913 | 2.2 | % | |||||
Food Products | 529,617 | 1.9 | % | |||||
Gas Utilities | 20,586 | 0.1 | % | |||||
Health Care Equipment & Supplies | 1,061,882 | 3.8 | % | |||||
Health Care Providers & Services | 1,236,206 | 4.4 | % | |||||
Health Care Technology | 40,584 | 0.1 | % | |||||
Hotels, Restaurants & Leisure | 765,369 | 2.7 | % | |||||
Household Durables | 143,861 | 0.5 | % | |||||
Household Products | 824,571 | 2.9 | % | |||||
Independent Power and Renewable Electricity Producers | 22,402 | 0.1 | % | |||||
Industrial Conglomerates | 583,944 | 2.1 | % | |||||
Insurance | 937,428 | 3.3 | % | |||||
Interactive Media & Services | 70,740 | 0.2 | % | |||||
Internet & Direct Marketing Retail | 12,915 | NM | ||||||
IT Services | 1,581,686 | 5.6 | % | |||||
Leisure Products | 17,571 | 0.1 | % | |||||
Life Sciences Tools & Services | 119,750 | 0.4 | % | |||||
Machinery | 708,027 | 2.5 | % | |||||
Media | 601,883 | 2.1 | % | |||||
Metals & Mining | 139,071 | 0.5 | % | |||||
Multiline Retail | 190,045 | 0.7 | % | |||||
Multi-Utilities | 449,413 | 1.6 | % | |||||
Oil, Gas & Consumable Fuels | 1,525,155 | 5.4 | % | |||||
Personal Products | 43,651 | 0.2 | % | |||||
Pharmaceuticals | 1,510,300 | 5.3 | % | |||||
Professional Services | 108,333 | 0.4 | % | |||||
Real Estate Management & Development | 25,436 | 0.1 | % | |||||
Road & Rail | 362,034 | 1.3 | % | |||||
Semiconductors & Semiconductor Equipment | 966,793 | 3.4 | % | |||||
Software | 280,534 | 1.0 | % | |||||
Specialty Retail | 404,127 | 1.4 | % | |||||
Technology Hardware, Storage & Peripherals | 106,691 | 0.4 | % | |||||
Textiles, Apparel & Luxury Goods | 203,979 | 0.7 | % | |||||
Tobacco | 381,708 | 1.4 | % | |||||
Trading Companies & Distributors | 75,978 | 0.3 | % | |||||
Water Utilities | 43,738 | 0.2 | % | |||||
Wireless Telecommunication Services | 94,865 | 0.3 | % | |||||
Other** | 1,109 | 0.1 | % | |||||
Total | $ | 28,215,992 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
80 :: Mid-Cap Growth ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (100.0%)
Shares | Value | |||||||
ACI Worldwide, Inc.* (Software) | 160 | $ | 5,499 | |||||
Acuity Brands, Inc. (Electrical Equipment) | 103 | 19,727 | ||||||
Affiliated Managers Group, Inc. (Capital Markets) | 119 | 17,399 | ||||||
Alcoa Corp. (Metals & Mining) | 221 | 12,533 | ||||||
American Campus Communities, Inc. (Equity Real Estate Investment Trusts) | 224 | 11,706 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 188 | 4,292 | ||||||
American Financial Group, Inc. (Insurance) | 92 | 11,986 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 120 | 2,642 | ||||||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 952 | 9,472 | ||||||
Apartment Income REIT Corp. (Equity Real Estate Investment Trusts) | 220 | 11,620 | ||||||
AptarGroup, Inc. (Containers & Packaging) | 89 | 10,440 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 308 | 16,250 | ||||||
ASGN, Inc.* (Professional Services) | 153 | 17,575 | ||||||
Ashland Global Holdings, Inc. (Chemicals) | 72 | 6,915 | ||||||
Aspen Technology, Inc.* (Software) | 196 | 29,430 | ||||||
AutoNation, Inc.* (Specialty Retail) | 54 | 5,886 | ||||||
Avient Corp. (Chemicals) | 268 | 13,338 | ||||||
Avis Budget Group, Inc.* (Road & Rail) | 118 | 20,789 | ||||||
Axon Enterprise, Inc.* (Aerospace & Defense) | 190 | 26,587 | ||||||
Azenta, Inc. (Semiconductors & Semiconductor Equipment) | 221 | 18,639 | ||||||
Bank of Hawaii Corp. (Banks) | 51 | 4,390 | ||||||
Bank OZK (Banks) | 166 | 7,777 | ||||||
Blackbaud, Inc.* (Software) | 80 | 5,451 | ||||||
Boyd Gaming Corp.* (Hotels, Restaurants & Leisure) | 240 | 14,270 | ||||||
Brixmor Property Group, Inc. (Equity Real Estate Investment Trusts) | 478 | 12,122 | ||||||
Bruker Corp. (Life Sciences Tools & Services) | 298 | 19,847 | ||||||
Brunswick Corp. (Leisure Products) | 226 | 20,519 | ||||||
Builders FirstSource, Inc.* (Building Products) | 561 | 38,142 | ||||||
Cable One, Inc. (Media) | 9 | 13,902 | ||||||
Calix, Inc.* (Communications Equipment) | 160 | 8,045 | ||||||
Camden Property Trust (Equity Real Estate Investment Trusts) | 300 | 48,026 | ||||||
Capri Holdings, Ltd.* (Textiles, Apparel & Luxury Goods) | 269 | 16,159 | ||||||
Carlisle Cos., Inc. (Industrial Conglomerates) | 153 | 34,186 | ||||||
Cathay General Bancorp (Banks) | 88 | 3,974 | ||||||
CDK Global, Inc. (Software) | 163 | 7,004 | ||||||
Cerence, Inc.* (Software) | 57 | 3,619 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 280 | 6,272 | ||||||
Chemed Corp. (Health Care Providers & Services) | 26 | 12,192 | ||||||
Choice Hotels International, Inc. (Hotels, Restaurants & Leisure) | 64 | 9,178 | ||||||
Churchill Downs, Inc. (Hotels, Restaurants & Leisure) | 101 | 21,240 | ||||||
Ciena Corp.* (Communications Equipment) | 288 | 19,097 | ||||||
Cirrus Logic, Inc.* (Semiconductors & Semiconductor Equipment) | 83 | 7,424 | ||||||
Clean Harbors, Inc.* (Commercial Services & Supplies) | 86 | 7,959 | ||||||
Cleveland-Cliffs, Inc.* (Metals & Mining) | 1,336 | 22,899 | ||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 54 | 9,768 | ||||||
CNX Resources Corp.* (Oil, Gas & Consumable Fuels) | 291 | 4,316 | ||||||
Cognex Corp. (Electronic Equipment, Instruments & Components) | 326 | 21,666 | ||||||
Coherent, Inc.* (Electronic Equipment, Instruments & Components) | 73 | 18,869 | ||||||
Colfax Corp.* (Machinery) | 162 | 6,661 | ||||||
Columbia Sportswear Co. (Textiles, Apparel & Luxury Goods) | 52 | 4,829 | ||||||
Commerce Bancshares, Inc. (Banks) | 163 | 11,232 | ||||||
CommVault Systems, Inc.* (Software) | 86 | 5,802 | ||||||
Concentrix Corp. (IT Services) | 127 | 25,526 | ||||||
Crane Co. (Machinery) | 72 | 7,453 | ||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods) | 174 | 17,856 | ||||||
Cullen/Frost Bankers, Inc. (Banks) | 95 | 13,396 | ||||||
CyrusOne, Inc. (Equity Real Estate Investment Trusts) | 242 | 21,744 | ||||||
Darling Ingredients, Inc.* (Food Products) | 477 | 30,419 | ||||||
Deckers Outdoor Corp.* (Textiles, Apparel & Luxury Goods) | 83 | 26,579 | ||||||
Dick's Sporting Goods, Inc. (Specialty Retail) | 189 | 21,811 | ||||||
Digital Turbine, Inc.* (Software) | 257 | 11,347 | ||||||
Donaldson Co., Inc. (Machinery) | 186 | 10,353 | ||||||
Douglas Emmett, Inc. (Equity Real Estate Investment Trusts) | 236 | 7,368 | ||||||
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | 118 | 6,101 | ||||||
Dycom Industries, Inc.* (Construction & Engineering) | 35 | 2,950 | ||||||
Eagle Materials, Inc. (Construction Materials) | 119 | 17,356 | ||||||
East West Bancorp, Inc. (Banks) | 416 | 35,918 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 119 | 23,789 | ||||||
Envestnet, Inc.* (Software) | 85 | 6,285 | ||||||
Essential Utilities, Inc. (Water Utilities) | 425 | 20,715 | ||||||
Euronet Worldwide, Inc.* (IT Services) | 53 | 7,096 | ||||||
Evercore Partners, Inc.—Class A (Capital Markets) | 112 | 13,980 | ||||||
Exelixis, Inc.* (Biotechnology) | 492 | 8,905 | ||||||
Fair Isaac Corp.* (Software) | 46 | 22,770 | ||||||
Federated Hermes, Inc.—Class B (Capital Markets) | 134 | 4,437 | ||||||
First American Financial Corp. (Insurance) | 148 | 11,027 | ||||||
First Financial Bankshares, Inc. (Banks) | 377 | 17,715 | ||||||
First Industrial Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 265 | 16,107 | ||||||
First Solar, Inc.* (Semiconductors & Semiconductor Equipment) | 173 | 13,560 | ||||||
Five Below, Inc.* (Specialty Retail) | 165 | 27,060 | ||||||
Fox Factory Holding Corp.* (Auto Components) | 123 | 16,367 | ||||||
FTI Consulting, Inc.* (Professional Services) | 101 | 14,727 | ||||||
GameStop Corp.*(a)—Class A (Specialty Retail) | 184 | 20,043 | ||||||
Genpact, Ltd. (IT Services) | 335 | 16,666 | ||||||
Gentex Corp. (Auto Components) | 367 | 11,524 | ||||||
Glacier Bancorp, Inc. (Banks) | 319 | 16,566 | ||||||
Globus Medical, Inc.* (Health Care Equipment & Supplies) | 141 | 9,409 | ||||||
Graco, Inc. (Machinery) | 299 | 21,695 | ||||||
GXO Logistics, Inc.* (Air Freight & Logistics) | 289 | 23,470 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap Growth ProFund :: 81
Common Stocks, continued
Shares | Value | |||||||
H&R Block, Inc. (Diversified Consumer Services) | 236 | $ | 5,395 | |||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 413 | 14,294 | ||||||
Hancock Whitney Corp. (Banks) | 113 | 5,957 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 203 | 6,297 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 163 | 8,711 | ||||||
Helen of Troy, Ltd.* (Household Durables) | 70 | 14,653 | ||||||
Home BancShares, Inc. (Banks) | 162 | 3,817 | ||||||
Hubbell, Inc. (Electrical Equipment) | 86 | 16,107 | ||||||
IAA, Inc.* (Commercial Services & Supplies) | 215 | 9,875 | ||||||
ICU Medical, Inc.* (Health Care Equipment & Supplies) | 29 | 6,187 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 150 | 9,510 | ||||||
Ingevity Corp.* (Chemicals) | 62 | 4,086 | ||||||
Insperity, Inc. (Professional Services) | 105 | 11,291 | ||||||
Integra LifeSciences Holdings Corp.* (Health Care Equipment & Supplies) | 109 | 7,057 | ||||||
Interactive Brokers Group, Inc. (Capital Markets) | 157 | 10,706 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 205 | 7,355 | ||||||
ITT, Inc. (Machinery) | 142 | 13,053 | ||||||
Jabil, Inc. (Electronic Equipment, Instruments & Components) | 186 | 11,437 | ||||||
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 44 | 4,006 | ||||||
Janus Henderson Group PLC (Capital Markets) | 229 | 8,450 | ||||||
Jefferies Financial Group, Inc. (Diversified Financial Services) | 576 | 21,105 | ||||||
John Wiley & Sons, Inc.—Class A (Media) | 62 | 3,147 | ||||||
Jones Lang LaSalle, Inc.* (Real Estate Management & Development) | 73 | 18,308 | ||||||
KBR, Inc. (Professional Services) | 268 | 11,631 | ||||||
Kinsale Capital Group, Inc. (Insurance) | 62 | 12,421 | ||||||
Lamar Advertising Co.—Class A (Equity Real Estate Investment Trusts) | 168 | 18,608 | ||||||
Lancaster Colony Corp. (Food Products) | 29 | 4,604 | ||||||
Landstar System, Inc. (Road & Rail) | 73 | 11,680 | ||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 402 | 22,198 | ||||||
Lennox International, Inc. (Building Products) | 56 | 15,883 | ||||||
Life Storage, Inc. (Equity Real Estate Investment Trusts) | 240 | 32,388 | ||||||
Lincoln Electric Holdings, Inc. (Machinery) | 101 | 12,912 | ||||||
Littelfuse, Inc. (Electronic Equipment, Instruments & Components) | 44 | 11,879 | ||||||
LivaNova PLC* (Health Care Equipment & Supplies) | 95 | 7,135 | ||||||
LiveRamp Holdings, Inc.* (IT Services) | 199 | 8,885 | ||||||
Louisiana-Pacific Corp. (Paper & Forest Products) | 258 | 17,142 | ||||||
Lumentum Holdings, Inc.* (Communications Equipment) | 97 | 9,844 | ||||||
Manhattan Associates, Inc.* (Software) | 186 | 24,899 | ||||||
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | 55 | 8,931 | ||||||
Masimo Corp.* (Health Care Equipment & Supplies) | 149 | 32,761 | ||||||
MasTec, Inc.* (Construction & Engineering) | 86 | 7,407 | ||||||
Mattel, Inc.* (Leisure Products) | 1,029 | 21,526 | ||||||
MAXIMUS, Inc. (IT Services) | 183 | 14,150 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 86 | 15,262 | ||||||
Mimecast, Ltd.* (Software) | 184 | 14,667 | ||||||
MKS Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 89 | 13,824 | ||||||
Molina Healthcare, Inc.* (Health Care Providers & Services) | 86 | 24,980 | ||||||
MSA Safety, Inc. (Commercial Services & Supplies) | 53 | 7,282 | ||||||
Murphy Oil Corp. (Oil, Gas & Consumable Fuels) | 425 | 13,430 | ||||||
National Fuel Gas Co. (Gas Utilities) | 141 | 8,563 | ||||||
National Instruments Corp. (Electronic Equipment, Instruments & Components) | 204 | 8,409 | ||||||
National Retail Properties, Inc. (Equity Real Estate Investment Trusts) | 230 | 10,207 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 240 | 14,774 | ||||||
Navient Corp. (Consumer Finance) | 473 | 8,244 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 185 | 6,747 | ||||||
Neurocrine Biosciences, Inc.* (Biotechnology) | 280 | 22,126 | ||||||
Nordson Corp. (Machinery) | 97 | 22,556 | ||||||
nVent Electric PLC (Electrical Equipment) | 291 | 10,066 | ||||||
OGE Energy Corp. (Electric Utilities) | 220 | 8,342 | ||||||
Olin Corp. (Chemicals) | 421 | 21,332 | ||||||
Option Care Health, Inc.* (Health Care Providers & Services) | 408 | 9,535 | ||||||
PacWest Bancorp (Banks) | 345 | 16,018 | ||||||
Papa John's International, Inc. (Hotels, Restaurants & Leisure) | 97 | 11,975 | ||||||
Paylocity Holding Corp.* (Software) | 116 | 23,662 | ||||||
Penumbra, Inc.* (Health Care Equipment & Supplies) | 103 | 23,279 | ||||||
Pinnacle Financial Partners, Inc. (Banks) | 224 | 21,663 | ||||||
Polaris, Inc. (Leisure Products) | 73 | 8,219 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 86 | 4,626 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 178 | 14,366 | ||||||
Primerica, Inc. (Insurance) | 72 | 11,112 | ||||||
Progyny, Inc.* (Health Care Providers & Services) | 126 | 5,103 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 37 | 6,178 | ||||||
Qualys, Inc.* (Software) | 98 | 12,558 | ||||||
Quidel Corp.* (Health Care Equipment & Supplies) | 110 | 11,370 | ||||||
R1 RCM, Inc.* (Health Care Providers & Services) | 227 | 5,398 | ||||||
Rayonier, Inc. (Equity Real Estate Investment Trusts) | 253 | 9,245 | ||||||
Regal Rexnord Corp. (Electrical Equipment) | 85 | 13,471 | ||||||
Repligen Corp.* (Biotechnology) | 152 | 30,147 | ||||||
Rexford Industrial Realty, Inc. (Equity Real Estate Investment Trusts) | 445 | 32,561 | ||||||
RH* (Specialty Retail) | 51 | 20,544 | ||||||
RLI Corp. (Insurance) | 67 | 7,020 | ||||||
Royal Gold, Inc. (Metals & Mining) | 113 | 11,475 | ||||||
RPM International, Inc. (Chemicals) | 193 | 17,102 | ||||||
Sabre Corp.* (IT Services) | 452 | 4,136 | ||||||
Saia, Inc.* (Road & Rail) | 78 | 22,174 |
See accompanying notes to the financial statements.
82 :: Mid-Cap Growth ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Sailpoint Technologies Holding, Inc.* (Software) | 274 | $ | 10,601 | |||||
Sanderson Farms, Inc. (Food Products) | 30 | 5,520 | ||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure) | 284 | 16,387 | ||||||
SEI Investments Co. (Capital Markets) | 185 | 10,843 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 124 | 8,816 | ||||||
Sensient Technologies Corp. (Chemicals) | 70 | 5,932 | ||||||
Service Corp. International (Diversified Consumer Services) | 484 | 29,872 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 118 | 19,492 | ||||||
Simpson Manufacturing Co., Inc. (Building Products) | 129 | 14,550 | ||||||
SiTime Corp.* (Semiconductors & Semiconductor Equipment) | 44 | 10,256 | ||||||
Six Flags Entertainment Corp.* (Hotels, Restaurants & Leisure) | 110 | 4,344 | ||||||
Skechers U.S.A., Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 185 | 7,770 | ||||||
SLM Corp. (Consumer Finance) | 862 | 15,809 | ||||||
STAAR Surgical Co.* (Health Care Equipment & Supplies) | 141 | 10,254 | ||||||
Steel Dynamics, Inc. (Metals & Mining) | 554 | 30,758 | ||||||
Stifel Financial Corp. (Capital Markets) | 307 | 22,994 | ||||||
SunPower Corp.* (Semiconductors & Semiconductor Equipment) | 245 | 4,111 | ||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment) | 113 | 23,770 | ||||||
Syneos Health, Inc.* (Life Sciences Tools & Services) | 306 | 27,711 | ||||||
Synovus Financial Corp. (Banks) | 172 | 8,559 | ||||||
Tandem Diabetes Care, Inc.* (Health Care Equipment & Supplies) | 186 | 21,968 | ||||||
Targa Resources Corp. (Oil, Gas & Consumable Fuels) | 674 | 39,819 | ||||||
TEGNA, Inc. (Media) | 286 | 5,537 | ||||||
Tempur Sealy International, Inc. (Household Durables) | 563 | 22,413 | ||||||
Tenet Healthcare Corp.* (Health Care Providers & Services) | 314 | 23,274 | ||||||
Teradata Corp.* (IT Services) | 319 | 12,868 | ||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 157 | 21,853 | ||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 122 | 10,418 | ||||||
The Boston Beer Co., Inc.*—Class A (Beverages) | 18 | 7,575 | ||||||
The Middleby Corp.* (Machinery) | 103 | 19,076 | ||||||
The New York Times Co.—Class A (Media) | 285 | 11,409 | ||||||
The Scotts Miracle-Gro Co.—Class A (Chemicals) | 119 | 17,993 | ||||||
The Toro Co. (Machinery) | 313 | 30,229 | ||||||
The Wendy's Co. (Hotels, Restaurants & Leisure) | 257 | 5,919 | ||||||
TopBuild Corp.* (Household Durables) | 97 | 22,567 | ||||||
Trex Co., Inc.* (Building Products) | 338 | 30,917 | ||||||
Trinity Industries, Inc. (Machinery) | 119 | 3,419 | ||||||
TripAdvisor, Inc.* (Interactive Media & Services) | 120 | 3,258 | ||||||
UMB Financial Corp. (Banks) | 127 | 12,503 | ||||||
Umpqua Holdings Corp. (Banks) | 236 | 4,786 | ||||||
United Therapeutics Corp.* (Biotechnology) | 62 | 12,516 | ||||||
Universal Display Corp. (Semiconductors & Semiconductor Equipment) | 128 | 19,649 | ||||||
Urban Edge Properties (Equity Real Estate Investment Trusts) | 145 | 2,645 | ||||||
Valmont Industries, Inc. (Construction & Engineering) | 62 | 13,469 | ||||||
Valvoline, Inc. (Chemicals) | 529 | 17,425 | ||||||
Vicor Corp.* (Electrical Equipment) | 62 | 5,848 | ||||||
Victoria's Secret & Co.* (Specialty Retail) | 103 | 5,750 | ||||||
Watsco, Inc. (Trading Companies & Distributors) | 63 | 17,801 | ||||||
Watts Water Technologies, Inc.—Class A (Machinery) | 81 | 12,410 | ||||||
Webster Financial Corp. (Banks) | 215 | 12,214 | ||||||
WEX, Inc.* (IT Services) | 55 | 8,854 | ||||||
Williams-Sonoma, Inc. (Specialty Retail) | 221 | 35,480 | ||||||
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 87 | 13,333 | ||||||
Wintrust Financial Corp. (Banks) | 86 | 8,434 | ||||||
Wolfspeed, Inc.* (Semiconductors & Semiconductor Equipment) | 186 | 17,529 | ||||||
World Wrestling Entertainment, Inc.—Class A (Entertainment) | 83 | 4,145 | ||||||
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 178 | 14,943 | ||||||
Yelp, Inc.* (Interactive Media & Services) | 99 | 3,419 | ||||||
YETI Holdings, Inc.* (Leisure Products) | 257 | 16,854 | ||||||
Ziff Davis, Inc.* (Software) | 142 | 14,919 | ||||||
TOTAL COMMON STOCKS (Cost $2,263,913) | 3,304,875 | |||||||
Collateral for Securities Loaned(b) (0.5%) | ||||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(c) | 16,200 | 16,200 | ||||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $16,200) | 16,200 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $2,280,113)—100.5% | 3,321,075 | |||||||
Net other assets (liabilities)—(0.5)% | (16,511 | ) | ||||||
NET ASSETS—100.0% | $ | 3,304,564 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $17,647. |
(b) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(c) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap Growth ProFund :: 83
Mid-Cap Growth ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 26,587 | 0.8 | % | ||||
Air Freight & Logistics | 23,470 | 0.7 | % | |||||
Auto Components | 27,891 | 0.9 | % | |||||
Banks | 204,919 | 6.2 | % | |||||
Beverages | 7,575 | 0.2 | % | |||||
Biotechnology | 104,238 | 3.2 | % | |||||
Building Products | 99,492 | 3.0 | % | |||||
Capital Markets | 88,809 | 2.7 | % | |||||
Chemicals | 104,123 | 3.2 | % | |||||
Commercial Services & Supplies | 46,969 | 1.4 | % | |||||
Communications Equipment | 36,986 | 1.1 | % | |||||
Construction & Engineering | 23,826 | 0.7 | % | |||||
Construction Materials | 17,356 | 0.5 | % | |||||
Consumer Finance | 24,053 | 0.7 | % | |||||
Containers & Packaging | 10,440 | 0.3 | % | |||||
Diversified Consumer Services | 35,267 | 1.1 | % | |||||
Diversified Financial Services | 21,105 | 0.6 | % | |||||
Diversified Telecommunication Services | 7,355 | 0.2 | % | |||||
Electric Utilities | 8,342 | 0.3 | % | |||||
Electrical Equipment | 65,220 | 2.0 | % | |||||
Electronic Equipment, Instruments & Components | 81,770 | 2.5 | % | |||||
Energy Equipment & Services | 6,272 | 0.2 | % | |||||
Entertainment | 4,145 | 0.1 | % | |||||
Equity Real Estate Investment Trusts | 290,011 | 8.8 | % | |||||
Food Products | 40,543 | 1.2 | % | |||||
Gas Utilities | 8,563 | 0.3 | % | |||||
Health Care Equipment & Supplies | 136,167 | 4.1 | % | |||||
Health Care Providers & Services | 89,193 | 2.7 | % | |||||
Hotels, Restaurants & Leisure | 134,943 | 4.1 | % | |||||
Household Durables | 59,633 | 1.8 | % | |||||
Industrial Conglomerates | 34,186 | 1.0 | % | |||||
Insurance | 53,566 | 1.6 | % | |||||
Interactive Media & Services | 6,677 | 0.2 | % | |||||
IT Services | 98,181 | 3.0 | % | |||||
Leisure Products | 67,118 | 2.0 | % | |||||
Life Sciences Tools & Services | 62,820 | 1.9 | % | |||||
Machinery | 159,817 | 4.8 | % | |||||
Media | 33,995 | 1.0 | % | |||||
Metals & Mining | 77,665 | 2.4 | % | |||||
Oil, Gas & Consumable Fuels | 73,138 | 2.2 | % | |||||
Paper & Forest Products | 17,142 | 0.5 | % | |||||
Professional Services | 55,224 | 1.7 | % | |||||
Real Estate Management & Development | 18,308 | 0.6 | % | |||||
Road & Rail | 54,643 | 1.7 | % | |||||
Semiconductors & Semiconductor Equipment | 206,045 | 6.2 | % | |||||
Software | 198,513 | 6.0 | % | |||||
Specialty Retail | 140,865 | 4.3 | % | |||||
Textiles, Apparel & Luxury Goods | 73,193 | 2.2 | % | |||||
Trading Companies & Distributors | 17,801 | 0.5 | % | |||||
Water Utilities | 20,715 | 0.6 | % | |||||
Other** | (311 | ) | NM | |||||
Total | $ | 3,304,564 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
84 :: Mid-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (70.8%)
Shares | Value | |||||||
Acadia Healthcare Co., Inc.* (Health Care Providers & Services) | 191 | $ | 10,056 | |||||
ACI Worldwide, Inc.* (Software) | 250 | 8,593 | ||||||
Acuity Brands, Inc. (Electrical Equipment) | 74 | 14,173 | ||||||
Adient PLC* (Auto Components) | 200 | 8,394 | ||||||
AECOM (Construction & Engineering) | 306 | 21,153 | ||||||
Affiliated Managers Group, Inc. (Capital Markets) | 86 | 12,574 | ||||||
AGCO Corp. (Machinery) | 130 | 15,236 | ||||||
Alcoa Corp. (Metals & Mining) | 397 | 22,515 | ||||||
Alleghany Corp.* (Insurance) | 29 | 19,255 | ||||||
ALLETE, Inc. (Electric Utilities) | 112 | 7,149 | ||||||
Alliance Data Systems Corp. (IT Services) | 106 | 7,318 | ||||||
Amedisys, Inc.* (Health Care Providers & Services) | 69 | 9,322 | ||||||
American Campus Communities, Inc. (Equity Real Estate Investment Trusts) | 295 | 15,417 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 326 | 7,443 | ||||||
American Financial Group, Inc. (Insurance) | 140 | 18,239 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 213 | 4,690 | ||||||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 689 | 6,856 | ||||||
Apartment Income REIT Corp. (Equity Real Estate Investment Trusts) | 333 | 17,589 | ||||||
AptarGroup, Inc. (Containers & Packaging) | 140 | 16,422 | ||||||
Arrow Electronics, Inc.* (Electronic Equipment, Instruments & Components) | 148 | 18,352 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 221 | 11,660 | ||||||
ASGN, Inc.* (Professional Services) | 111 | 12,751 | ||||||
Ashland Global Holdings, Inc. (Chemicals) | 120 | 11,525 | ||||||
Aspen Technology, Inc.* (Software) | 142 | 21,323 | ||||||
Associated Banc-Corp. (Banks) | 319 | 7,624 | ||||||
AutoNation, Inc.* (Specialty Retail) | 85 | 9,265 | ||||||
Avient Corp. (Chemicals) | 194 | 9,655 | ||||||
Avis Budget Group, Inc.* (Road & Rail) | 85 | 14,975 | ||||||
Avnet, Inc. (Electronic Equipment, Instruments & Components) | 211 | 8,516 | ||||||
Axon Enterprise, Inc.* (Aerospace & Defense) | 139 | 19,451 | ||||||
Azenta, Inc. (Semiconductors & Semiconductor Equipment) | 158 | 13,326 | ||||||
Bank of Hawaii Corp. (Banks) | 86 | 7,402 | ||||||
Bank OZK (Banks) | 257 | 12,040 | ||||||
Belden, Inc. (Electronic Equipment, Instruments & Components) | 95 | 5,315 | ||||||
BJ's Wholesale Club Holdings, Inc.* (Food & Staples Retailing) | 290 | 17,827 | ||||||
Black Hills Corp. (Multi-Utilities) | 135 | 9,145 | ||||||
Blackbaud, Inc.* (Software) | 88 | 5,996 | ||||||
Boyd Gaming Corp.* (Hotels, Restaurants & Leisure) | 174 | 10,346 | ||||||
Brighthouse Financial, Inc.* (Insurance) | 169 | 9,202 | ||||||
Brixmor Property Group, Inc. (Equity Real Estate Investment Trusts) | 631 | 16,002 | ||||||
Bruker Corp. (Life Sciences Tools & Services) | 216 | 14,386 | ||||||
Brunswick Corp. (Leisure Products) | 164 | 14,890 | ||||||
Builders FirstSource, Inc.* (Building Products) | 407 | 27,671 | ||||||
Cable One, Inc. (Media) | 11 | 16,993 | ||||||
Cabot Corp. (Chemicals) | 120 | 6,599 | ||||||
CACI International, Inc.*—Class A (Professional Services) | 50 | 12,373 | ||||||
Cadence Bank (Banks) | 416 | 12,967 | ||||||
Calix, Inc.* (Communications Equipment) | 116 | 5,832 | ||||||
Callaway Golf Co.* (Leisure Products) | 249 | 5,941 | ||||||
Camden Property Trust (Equity Real Estate Investment Trusts) | 217 | 34,741 | ||||||
Capri Holdings, Ltd.* (Textiles, Apparel & Luxury Goods) | 319 | 19,162 | ||||||
Carlisle Cos., Inc. (Industrial Conglomerates) | 111 | 24,802 | ||||||
Carter's, Inc. (Textiles, Apparel & Luxury Goods) | 90 | 8,381 | ||||||
Casey's General Stores, Inc. (Food & Staples Retailing) | 79 | 14,837 | ||||||
Cathay General Bancorp (Banks) | 164 | 7,406 | ||||||
CDK Global, Inc. (Software) | 251 | 10,785 | ||||||
Cerence, Inc.* (Software) | 81 | 5,143 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 429 | 9,610 | ||||||
Chemed Corp. (Health Care Providers & Services) | 33 | 15,474 | ||||||
Choice Hotels International, Inc. (Hotels, Restaurants & Leisure) | 70 | 10,038 | ||||||
Churchill Downs, Inc. (Hotels, Restaurants & Leisure) | 73 | 15,352 | ||||||
Ciena Corp.* (Communications Equipment) | 329 | 21,817 | ||||||
Cirrus Logic, Inc.* (Semiconductors & Semiconductor Equipment) | 121 | 10,822 | ||||||
Clean Harbors, Inc.* (Commercial Services & Supplies) | 106 | 9,810 | ||||||
Cleveland-Cliffs, Inc.* (Metals & Mining) | 966 | 16,557 | ||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 60 | 10,853 | ||||||
CNO Financial Group, Inc. (Insurance) | 262 | 6,534 | ||||||
CNX Resources Corp.* (Oil, Gas & Consumable Fuels) | 448 | 6,644 | ||||||
Cognex Corp. (Electronic Equipment, Instruments & Components) | 375 | 24,924 | ||||||
Coherent, Inc.* (Electronic Equipment, Instruments & Components) | 52 | 13,441 | ||||||
Colfax Corp.* (Machinery) | 286 | 11,760 | ||||||
Columbia Sportswear Co. (Textiles, Apparel & Luxury Goods) | 73 | 6,780 | ||||||
Commerce Bancshares, Inc. (Banks) | 236 | 16,263 | ||||||
Commercial Metals Co. (Metals & Mining) | 256 | 8,561 | ||||||
CommVault Systems, Inc.* (Software) | 97 | 6,544 | ||||||
Concentrix Corp. (IT Services) | 91 | 18,291 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 238 | 6,012 | ||||||
Coty, Inc.*—Class A (Personal Products) | 712 | 6,038 | ||||||
Cousins Properties, Inc. (Equity Real Estate Investment Trusts) | 316 | 12,185 | ||||||
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 50 | 5,957 | ||||||
Crane Co. (Machinery) | 106 | 10,972 | ||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods) | 125 | 12,828 | ||||||
Cullen/Frost Bankers, Inc. (Banks) | 120 | 16,922 | ||||||
Curtiss-Wright Corp. (Aerospace & Defense) | 83 | 11,022 | ||||||
CyrusOne, Inc. (Equity Real Estate Investment Trusts) | 269 | 24,170 | ||||||
Dana, Inc. (Auto Components) | 306 | 6,628 | ||||||
Darling Ingredients, Inc.* (Food Products) | 344 | 21,937 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap ProFund :: 85
Common Stocks, continued
Shares | Value | |||||||
Deckers Outdoor Corp.* (Textiles, Apparel & Luxury Goods) | 58 | $ | 18,573 | |||||
Dick's Sporting Goods, Inc. (Specialty Retail) | 138 | 15,925 | ||||||
Digital Turbine, Inc.* (Software) | 187 | 8,256 | ||||||
Donaldson Co., Inc. (Machinery) | 262 | 14,583 | ||||||
Douglas Emmett, Inc. (Equity Real Estate Investment Trusts) | 373 | 11,645 | ||||||
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | 205 | 10,599 | ||||||
Dycom Industries, Inc.* (Construction & Engineering) | 64 | 5,395 | ||||||
Eagle Materials, Inc. (Construction Materials) | 86 | 12,543 | ||||||
East West Bancorp, Inc. (Banks) | 301 | 25,989 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 86 | 17,192 | ||||||
EMCOR Group, Inc. (Construction & Engineering) | 113 | 13,471 | ||||||
Encompass Health Corp. (Health Care Providers & Services) | 211 | 13,090 | ||||||
Energizer Holdings, Inc. (Household Products) | 133 | 5,002 | ||||||
EnerSys (Electrical Equipment) | 89 | 6,669 | ||||||
Envestnet, Inc.* (Software) | 116 | 8,577 | ||||||
Envista Holdings Corp.* (Health Care Equipment & Supplies) | 343 | 14,831 | ||||||
EPR Properties (Equity Real Estate Investment Trusts) | 159 | 6,991 | ||||||
EQT Corp.* (Oil, Gas & Consumable Fuels) | 642 | 13,642 | ||||||
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 863 | 6,999 | ||||||
Essent Group, Ltd. (Thrifts & Mortgage Finance) | 234 | 10,680 | ||||||
Essential Utilities, Inc. (Water Utilities) | 488 | 23,785 | ||||||
Euronet Worldwide, Inc.* (IT Services) | 112 | 14,996 | ||||||
Evercore Partners, Inc.—Class A (Capital Markets) | 83 | 10,360 | ||||||
Exelixis, Inc.* (Biotechnology) | 672 | 12,163 | ||||||
F.N.B. Corp. (Banks) | 719 | 9,289 | ||||||
Fair Isaac Corp.* (Software) | 58 | 28,708 | ||||||
Federated Hermes, Inc.—Class B (Capital Markets) | 206 | 6,821 | ||||||
First American Financial Corp. (Insurance) | 233 | 17,361 | ||||||
First Financial Bankshares, Inc. (Banks) | 272 | 12,781 | ||||||
First Horizon Corp. (Banks) | 1,148 | 19,643 | ||||||
First Industrial Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 276 | 16,775 | ||||||
First Solar, Inc.* (Semiconductors & Semiconductor Equipment) | 210 | 16,460 | ||||||
FirstCash Holdings, Inc. (Consumer Finance) | 86 | 5,994 | ||||||
Five Below, Inc.* (Specialty Retail) | 119 | 19,516 | ||||||
Flowers Foods, Inc. (Food Products) | 422 | 11,871 | ||||||
Flowserve Corp. (Machinery) | 277 | 9,036 | ||||||
Fluor Corp.* (Construction & Engineering) | 300 | 6,312 | ||||||
Foot Locker, Inc. (Specialty Retail) | 192 | 8,579 | ||||||
Fox Factory Holding Corp.* (Auto Components) | 89 | 11,843 | ||||||
FTI Consulting, Inc.* (Professional Services) | 73 | 10,644 | ||||||
Fulton Financial Corp. (Banks) | 342 | 6,139 | ||||||
GameStop Corp.*(a)—Class A (Specialty Retail) | 132 | 14,379 | ||||||
GATX Corp. (Trading Companies & Distributors) | 75 | 7,834 | ||||||
Genpact, Ltd. (IT Services) | 367 | 18,258 | ||||||
Gentex Corp. (Auto Components) | 502 | 15,763 | ||||||
Glacier Bancorp, Inc. (Banks) | 230 | 11,944 | ||||||
Globus Medical, Inc.* (Health Care Equipment & Supplies) | 168 | 11,211 | ||||||
Graco, Inc. (Machinery) | 361 | 26,194 | ||||||
Graham Holdings Co.—Class B (Diversified Consumer Services) | 8 | 4,761 | ||||||
Grand Canyon Education, Inc.* (Diversified Consumer Services) | 85 | 7,113 | ||||||
Greif, Inc.—Class A (Containers & Packaging) | 56 | 3,313 | ||||||
Grocery Outlet Holding Corp.* (Food & Staples Retailing) | 185 | 4,695 | ||||||
GXO Logistics, Inc.* (Air Freight & Logistics) | 209 | 16,972 | ||||||
H&R Block, Inc. (Diversified Consumer Services) | 373 | 8,527 | ||||||
Haemonetics Corp.* (Health Care Equipment & Supplies) | 108 | 5,222 | ||||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 299 | 10,348 | ||||||
Hancock Whitney Corp. (Banks) | 184 | 9,700 | ||||||
Hanesbrands, Inc. (Textiles, Apparel & Luxury Goods) | 741 | 11,930 | ||||||
Harley-Davidson, Inc. (Automobiles) | 327 | 11,304 | ||||||
Hawaiian Electric Industries, Inc. (Electric Utilities) | 232 | 9,860 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 313 | 9,709 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 177 | 9,459 | ||||||
Helen of Troy, Ltd.* (Household Durables) | 51 | 10,676 | ||||||
Hexcel Corp.* (Aerospace & Defense) | 178 | 9,286 | ||||||
Highwoods Properties, Inc. (Equity Real Estate Investment Trusts) | 222 | 9,573 | ||||||
HollyFrontier Corp. (Oil, Gas & Consumable Fuels) | 317 | 11,146 | ||||||
Home BancShares, Inc. (Banks) | 320 | 7,539 | ||||||
Hubbell, Inc. (Electrical Equipment) | 116 | 21,726 | ||||||
Hudson Pacific Properties, Inc. (Equity Real Estate Investment Trusts) | 324 | 7,656 | ||||||
IAA, Inc.* (Commercial Services & Supplies) | 286 | 13,136 | ||||||
ICU Medical, Inc.* (Health Care Equipment & Supplies) | 42 | 8,961 | ||||||
IDACORP, Inc. (Electric Utilities) | 107 | 11,794 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 225 | 14,265 | ||||||
Ingevity Corp.* (Chemicals) | 83 | 5,471 | ||||||
Ingredion, Inc. (Food Products) | 141 | 13,353 | ||||||
Insperity, Inc. (Professional Services) | 76 | 8,172 | ||||||
Integra LifeSciences Holdings Corp.* (Health Care Equipment & Supplies) | 155 | 10,035 | ||||||
Interactive Brokers Group, Inc. (Capital Markets) | 185 | 12,615 | ||||||
International Bancshares Corp. (Banks) | 113 | 4,749 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 281 | 10,082 | ||||||
ITT, Inc. (Machinery) | 182 | 16,729 | ||||||
Jabil, Inc. (Electronic Equipment, Instruments & Components) | 304 | 18,693 | ||||||
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 46 | 4,188 | ||||||
Janus Henderson Group PLC (Capital Markets) | 362 | 13,358 | ||||||
Jazz Pharmaceuticals PLC* (Pharmaceuticals) | 131 | 18,197 | ||||||
JBG Smith Properties (Equity Real Estate Investment Trusts) | 242 | 6,631 | ||||||
Jefferies Financial Group, Inc. (Diversified Financial Services) | 417 | 15,279 |
See accompanying notes to the financial statements.
86 :: Mid-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
JetBlue Airways Corp.* (Airlines) | 675 | $ | 9,875 | |||||
John Wiley & Sons, Inc.—Class A (Media) | 92 | 4,669 | ||||||
Jones Lang LaSalle, Inc.* (Real Estate Management & Development) | 107 | 26,835 | ||||||
KB Home (Household Durables) | 182 | 7,690 | ||||||
KBR, Inc. (Professional Services) | 298 | 12,933 | ||||||
Kemper Corp. (Insurance) | 127 | 7,617 | ||||||
Kennametal, Inc. (Machinery) | 178 | 6,153 | ||||||
Kilroy Realty Corp. (Equity Real Estate Investment Trusts) | 223 | 14,272 | ||||||
Kinsale Capital Group, Inc. (Insurance) | 46 | 9,215 | ||||||
Kirby Corp.* (Marine) | 128 | 8,343 | ||||||
Kite Realty Group Trust (Equity Real Estate Investment Trusts) | 465 | 9,709 | ||||||
Knight-Swift Transportation Holdings, Inc. (Road & Rail) | 352 | 19,916 | ||||||
Kohl's Corp. (Multiline Retail) | 320 | 19,107 | ||||||
Kyndryl Holdings, Inc.* (IT Services) | 380 | 6,414 | ||||||
Lamar Advertising Co.—Class A (Equity Real Estate Investment Trusts) | 184 | 20,380 | ||||||
Lancaster Colony Corp. (Food Products) | 42 | 6,668 | ||||||
Landstar System, Inc. (Road & Rail) | 81 | 12,960 | ||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 291 | 16,069 | ||||||
Lear Corp. (Auto Components) | 127 | 21,250 | ||||||
Leggett & Platt, Inc. (Household Durables) | 283 | 11,278 | ||||||
Lennox International, Inc. (Building Products) | 71 | 20,137 | ||||||
LHC Group, Inc.* (Health Care Providers & Services) | 67 | 8,315 | ||||||
Life Storage, Inc. (Equity Real Estate Investment Trusts) | 174 | 23,481 | ||||||
Lincoln Electric Holdings, Inc. (Machinery) | 125 | 15,980 | ||||||
Lithia Motors, Inc. (Specialty Retail) | 64 | 18,696 | ||||||
Littelfuse, Inc. (Electronic Equipment, Instruments & Components) | 52 | 14,038 | ||||||
LivaNova PLC* (Health Care Equipment & Supplies) | 113 | 8,487 | ||||||
LiveRamp Holdings, Inc.* (IT Services) | 145 | 6,474 | ||||||
Louisiana-Pacific Corp. (Paper & Forest Products) | 187 | 12,424 | ||||||
Lumentum Holdings, Inc.* (Communications Equipment) | 153 | 15,526 | ||||||
Macy's, Inc. (Multiline Retail) | 658 | 16,845 | ||||||
Manhattan Associates, Inc.* (Software) | 134 | 17,939 | ||||||
ManpowerGroup, Inc. (Professional Services) | 115 | 12,060 | ||||||
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | 91 | 14,777 | ||||||
Masimo Corp.* (Health Care Equipment & Supplies) | 108 | 23,746 | ||||||
MasTec, Inc.* (Construction & Engineering) | 121 | 10,422 | ||||||
Mattel, Inc.* (Leisure Products) | 744 | 15,564 | ||||||
MAXIMUS, Inc. (IT Services) | 131 | 10,129 | ||||||
MDU Resources Group, Inc. (Multi-Utilities) | 432 | 12,688 | ||||||
Medical Properties Trust, Inc. (Equity Real Estate Investment Trusts) | 1,266 | 28,814 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 61 | 10,825 | ||||||
Mercury General Corp. (Insurance) | 56 | 3,061 | ||||||
Mercury Systems, Inc.* (Aerospace & Defense) | 120 | 6,830 | ||||||
MGIC Investment Corp. (Thrifts & Mortgage Finance) | 691 | 10,489 | ||||||
MillerKnoll, Inc. (Commercial Services & Supplies) | 161 | 6,218 | ||||||
Mimecast, Ltd.* (Software) | 131 | 10,442 | ||||||
Minerals Technologies, Inc. (Chemicals) | 71 | 4,968 | ||||||
MKS Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 118 | 18,329 | ||||||
Molina Healthcare, Inc.* (Health Care Providers & Services) | 124 | 36,019 | ||||||
MSA Safety, Inc. (Commercial Services & Supplies) | 77 | 10,580 | ||||||
MSC Industrial Direct Co., Inc. (Trading Companies & Distributors) | 99 | 8,082 | ||||||
Murphy Oil Corp. (Oil, Gas & Consumable Fuels) | 308 | 9,733 | ||||||
Murphy USA, Inc. (Specialty Retail) | 50 | 9,833 | ||||||
National Fuel Gas Co. (Gas Utilities) | 194 | 11,782 | ||||||
National Instruments Corp. (Electronic Equipment, Instruments & Components) | 280 | 11,542 | ||||||
National Retail Properties, Inc. (Equity Real Estate Investment Trusts) | 373 | 16,554 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 174 | 10,711 | ||||||
Navient Corp. (Consumer Finance) | 342 | 5,961 | ||||||
NCR Corp.* (Technology Hardware, Storage & Peripherals) | 280 | 10,657 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 228 | 8,315 | ||||||
Neurocrine Biosciences, Inc.* (Biotechnology) | 201 | 15,883 | ||||||
New Jersey Resources Corp. (Gas Utilities) | 205 | 8,243 | ||||||
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 987 | 11,508 | ||||||
NewMarket Corp. (Chemicals) | 15 | 5,071 | ||||||
Nordson Corp. (Machinery) | 115 | 26,742 | ||||||
Nordstrom, Inc.* (Multiline Retail) | 236 | 5,310 | ||||||
NorthWestern Corp. (Multi-Utilities) | 112 | 6,509 | ||||||
NOV, Inc. (Energy Equipment & Services) | 829 | 13,612 | ||||||
Nu Skin Enterprises, Inc.—Class A (Personal Products) | 106 | 5,108 | ||||||
NuVasive, Inc.* (Health Care Equipment & Supplies) | 110 | 5,721 | ||||||
nVent Electric PLC (Electrical Equipment) | 357 | 12,349 | ||||||
OGE Energy Corp. (Electric Utilities) | 425 | 16,116 | ||||||
Old Republic International Corp. (Insurance) | 606 | 15,532 | ||||||
Olin Corp. (Chemicals) | 305 | 15,454 | ||||||
Ollie's Bargain Outlet Holdings, Inc.* (Multiline Retail) | 128 | 6,136 | ||||||
Omega Healthcare Investors, Inc. (Equity Real Estate Investment Trusts) | 507 | 15,960 | ||||||
ONE Gas, Inc. (Gas Utilities) | 114 | 8,879 | ||||||
Option Care Health, Inc.* (Health Care Providers & Services) | 294 | 6,871 | ||||||
Oshkosh Corp. (Machinery) | 146 | 16,616 | ||||||
Owens Corning (Building Products) | 213 | 18,893 | ||||||
PacWest Bancorp (Banks) | 249 | 11,561 | ||||||
Papa John's International, Inc. (Hotels, Restaurants & Leisure) | 69 | 8,518 | ||||||
Park Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 502 | 9,136 | ||||||
Patterson Cos., Inc. (Health Care Providers & Services) | 184 | 5,279 | ||||||
Paylocity Holding Corp.* (Software) | 84 | 17,134 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap ProFund :: 87
Common Stocks, continued
Shares | Value | |||||||
Pebblebrook Hotel Trust (Equity Real Estate Investment Trusts) | 279 | $ | 6,040 | |||||
Penumbra, Inc.* (Health Care Equipment & Supplies) | 75 | 16,951 | ||||||
Performance Food Group Co.* (Food & Staples Retailing) | 328 | 13,838 | ||||||
Perrigo Co. PLC (Pharmaceuticals) | 284 | 10,812 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 468 | 8,546 | ||||||
Pilgrim's Pride Corp.* (Food Products) | 103 | 2,881 | ||||||
Pinnacle Financial Partners, Inc. (Banks) | 162 | 15,667 | ||||||
PNM Resources, Inc. (Electric Utilities) | 182 | 8,155 | ||||||
Polaris, Inc. (Leisure Products) | 121 | 13,623 | ||||||
Post Holdings, Inc.* (Food Products) | 124 | 13,122 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 142 | 7,638 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 128 | 10,331 | ||||||
Primerica, Inc. (Insurance) | 84 | 12,965 | ||||||
PROG Holdings, Inc.* (Consumer Finance) | 120 | 4,777 | ||||||
Progyny, Inc.* (Health Care Providers & Services) | 148 | 5,994 | ||||||
Prosperity Bancshares, Inc. (Banks) | 196 | 14,357 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 43 | 7,179 | ||||||
Qualys, Inc.* (Software) | 71 | 9,098 | ||||||
Quidel Corp.* (Health Care Equipment & Supplies) | 81 | 8,372 | ||||||
R1 RCM, Inc.* (Health Care Providers & Services) | 283 | 6,730 | ||||||
Rayonier, Inc. (Equity Real Estate Investment Trusts) | 304 | 11,108 | ||||||
Regal Rexnord Corp. (Electrical Equipment) | 144 | 22,821 | ||||||
Reinsurance Group of America, Inc. (Insurance) | 144 | 16,536 | ||||||
Reliance Steel & Aluminum Co. (Metals & Mining) | 133 | 20,333 | ||||||
RenaissanceRe Holdings, Ltd. (Insurance) | 98 | 15,403 | ||||||
Repligen Corp.* (Biotechnology) | 109 | 21,619 | ||||||
Rexford Industrial Realty, Inc. (Equity Real Estate Investment Trusts) | 322 | 23,561 | ||||||
RH* (Specialty Retail) | 37 | 14,904 | ||||||
RLI Corp. (Insurance) | 85 | 8,906 | ||||||
Royal Gold, Inc. (Metals & Mining) | 139 | 14,115 | ||||||
RPM International, Inc. (Chemicals) | 275 | 24,367 | ||||||
Ryder System, Inc. (Road & Rail) | 114 | 8,344 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 485 | 6,601 | ||||||
Sabre Corp.* (IT Services) | 687 | 6,286 | ||||||
Saia, Inc.* (Road & Rail) | 56 | 15,920 | ||||||
Sailpoint Technologies Holding, Inc.* (Software) | 198 | 7,661 | ||||||
Sanderson Farms, Inc. (Food Products) | 45 | 8,280 | ||||||
Science Applications International Corp. (Professional Services) | 122 | 10,008 | ||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure) | 205 | 11,829 | ||||||
SEI Investments Co. (Capital Markets) | 225 | 13,187 | ||||||
Selective Insurance Group, Inc. (Insurance) | 128 | 10,099 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 137 | 9,741 | ||||||
Sensient Technologies Corp. (Chemicals) | 89 | 7,542 | ||||||
Service Corp. International (Diversified Consumer Services) | 350 | 21,602 | ||||||
Silgan Holdings, Inc. (Containers & Packaging) | 178 | 7,971 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 85 | 14,041 | ||||||
Simpson Manufacturing Co., Inc. (Building Products) | 92 | 10,377 | ||||||
SiTime Corp.* (Semiconductors & Semiconductor Equipment) | 32 | 7,459 | ||||||
Six Flags Entertainment Corp.* (Hotels, Restaurants & Leisure) | 164 | 6,476 | ||||||
Skechers U.S.A., Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 286 | 12,012 | ||||||
SL Green Realty Corp. (Equity Real Estate Investment Trusts) | 141 | 10,225 | ||||||
SLM Corp. (Consumer Finance) | 622 | 11,408 | ||||||
Sonoco Products Co. (Containers & Packaging) | 209 | 11,838 | ||||||
Southwest Gas Holdings, Inc. (Gas Utilities) | 128 | 8,727 | ||||||
Spire, Inc. (Gas Utilities) | 110 | 7,251 | ||||||
Spirit Realty Capital, Inc. (Equity Real Estate Investment Trusts) | 262 | 12,435 | ||||||
Sprouts Farmers Market, Inc.* (Food & Staples Retailing) | 238 | 6,459 | ||||||
STAAR Surgical Co.* (Health Care Equipment & Supplies) | 101 | 7,345 | ||||||
Steel Dynamics, Inc. (Metals & Mining) | 400 | 22,208 | ||||||
Stericycle, Inc.* (Commercial Services & Supplies) | 195 | 11,454 | ||||||
Stifel Financial Corp. (Capital Markets) | 221 | 16,553 | ||||||
STORE Capital Corp. (Equity Real Estate Investment Trusts) | 521 | 16,521 | ||||||
SunPower Corp.* (Semiconductors & Semiconductor Equipment) | 176 | 2,953 | ||||||
Sunrun, Inc.* (Electrical Equipment) | 439 | 11,383 | ||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment) | 83 | 17,459 | ||||||
Syneos Health, Inc.* (Life Sciences Tools & Services) | 220 | 19,923 | ||||||
Synovus Financial Corp. (Banks) | 309 | 15,376 | ||||||
Tandem Diabetes Care, Inc.* (Health Care Equipment & Supplies) | 135 | 15,945 | ||||||
Targa Resources Corp. (Oil, Gas & Consumable Fuels) | 486 | 28,712 | ||||||
Taylor Morrison Home Corp.* (Household Durables) | 261 | 8,010 | ||||||
TD SYNNEX Corp. (Electronic Equipment, Instruments & Components) | 88 | 9,202 | ||||||
TEGNA, Inc. (Media) | 470 | 9,099 | ||||||
Tempur Sealy International, Inc. (Household Durables) | 409 | 16,282 | ||||||
Tenet Healthcare Corp.* (Health Care Providers & Services) | 227 | 16,825 | ||||||
Teradata Corp.* (IT Services) | 230 | 9,278 | ||||||
Terex Corp. (Machinery) | 148 | 6,175 | ||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 115 | 16,007 | ||||||
Texas Capital Bancshares, Inc.* (Banks) | 107 | 6,709 | ||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 148 | 12,638 | ||||||
The Boston Beer Co., Inc.*—Class A (Beverages) | 20 | 8,417 | ||||||
The Brink's Co. (Commercial Services & Supplies) | 104 | 7,257 | ||||||
The Chemours Co. (Chemicals) | 346 | 11,318 |
See accompanying notes to the financial statements.
88 :: Mid-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
The Goodyear Tire & Rubber Co.* (Auto Components) | 597 | $ | 12,376 | |||||
The Hain Celestial Group, Inc.* (Food Products) | 197 | 7,196 | ||||||
The Hanover Insurance Group, Inc. (Insurance) | 76 | 10,485 | ||||||
The Macerich Co. (Equity Real Estate Investment Trusts) | 452 | 7,476 | ||||||
The Middleby Corp.* (Machinery) | 118 | 21,854 | ||||||
The New York Times Co.—Class A (Media) | 355 | 14,211 | ||||||
The Scotts Miracle-Gro Co.—Class A (Chemicals) | 86 | 13,003 | ||||||
The Timken Co. (Machinery) | 147 | 9,820 | ||||||
The Toro Co. (Machinery) | 226 | 21,827 | ||||||
The Wendy's Co. (Hotels, Restaurants & Leisure) | 375 | 8,636 | ||||||
The Western Union Co. (IT Services) | 853 | 16,130 | ||||||
Thor Industries, Inc. (Automobiles) | 118 | 11,162 | ||||||
Toll Brothers, Inc. (Household Durables) | 243 | 14,330 | ||||||
TopBuild Corp.* (Household Durables) | 70 | 16,285 | ||||||
Travel + Leisure Co. (Hotels, Restaurants & Leisure) | 183 | 10,394 | ||||||
Trex Co., Inc.* (Building Products) | 244 | 22,319 | ||||||
Tri Pointe Homes, Inc.* (Household Durables) | 236 | 5,619 | ||||||
Trinity Industries, Inc. (Machinery) | 174 | 4,999 | ||||||
TripAdvisor, Inc.* (Interactive Media & Services) | 210 | 5,701 | ||||||
UGI Corp. (Gas Utilities) | 444 | 20,136 | ||||||
UMB Financial Corp. (Banks) | 91 | 8,959 | ||||||
Umpqua Holdings Corp. (Banks) | 460 | 9,329 | ||||||
United Bankshares, Inc. (Banks) | 289 | 10,210 | ||||||
United States Steel Corp. (Metals & Mining) | 574 | 11,893 | ||||||
United Therapeutics Corp.* (Biotechnology) | 96 | 19,380 | ||||||
Univar Solutions, Inc.* (Trading Companies & Distributors) | 363 | 9,620 | ||||||
Universal Display Corp. (Semiconductors & Semiconductor Equipment) | 92 | 14,123 | ||||||
Unum Group (Insurance) | 434 | 11,015 | ||||||
Urban Edge Properties (Equity Real Estate Investment Trusts) | 234 | 4,268 | ||||||
Urban Outfitters, Inc.* (Specialty Retail) | 140 | 4,021 | ||||||
Valley National Bancorp (Banks) | 864 | 12,027 | ||||||
Valmont Industries, Inc. (Construction & Engineering) | 45 | 9,775 | ||||||
Valvoline, Inc. (Chemicals) | 384 | 12,649 | ||||||
ViaSat, Inc.* (Communications Equipment) | 156 | 6,867 | ||||||
Vicor Corp.* (Electrical Equipment) | 46 | 4,339 | ||||||
Victoria's Secret & Co.* (Specialty Retail) | 154 | 8,598 | ||||||
Vishay Intertechnology, Inc. (Electronic Equipment, Instruments & Components) | 282 | 5,840 | ||||||
Visteon Corp.* (Auto Components) | 59 | 5,989 | ||||||
Vontier Corp. (Electronic Equipment, Instruments & Components) | 359 | 10,091 | ||||||
Voya Financial, Inc. (Diversified Financial Services) | 236 | 16,038 | ||||||
Washington Federal, Inc. (Thrifts & Mortgage Finance) | 138 | 4,833 | ||||||
Watsco, Inc. (Trading Companies & Distributors) | 70 | 19,779 | ||||||
Watts Water Technologies, Inc.—Class A (Machinery) | 58 | 8,886 | ||||||
Webster Financial Corp. (Banks) | 380 | 21,589 | ||||||
Werner Enterprises, Inc. (Road & Rail) | 129 | 5,752 | ||||||
WEX, Inc.* (IT Services) | 95 | 15,293 | ||||||
Williams-Sonoma, Inc. (Specialty Retail) | 158 | 25,364 | ||||||
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 63 | 9,655 | ||||||
Wintrust Financial Corp. (Banks) | 121 | 11,866 | ||||||
Wolfspeed, Inc.* (Semiconductors & Semiconductor Equipment) | 246 | 23,183 | ||||||
Woodward, Inc. (Machinery) | 134 | 14,776 | ||||||
World Wrestling Entertainment, Inc.—Class A (Entertainment) | 95 | 4,744 | ||||||
Worthington Industries, Inc. (Metals & Mining) | 69 | 3,738 | ||||||
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 198 | 16,621 | ||||||
Xerox Holdings Corp. (Technology Hardware, Storage & Peripherals) | 292 | 6,164 | ||||||
XPO Logistics, Inc.* (Air Freight & Logistics) | 209 | 13,830 | ||||||
Yelp, Inc.* (Interactive Media & Services) | 146 | 5,043 | ||||||
YETI Holdings, Inc.* (Leisure Products) | 186 | 12,198 | ||||||
Ziff Davis, Inc.* (Software) | 102 | 10,716 | ||||||
TOTAL COMMON STOCKS (Cost $3,122,430) | 4,870,845 |
Repurchase Agreements(b)(c) (28.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,955,000 | $ | 1,955,000 | $ | 1,955,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,955,000) | 1,955,000 |
Collateral for Securities Loaned(d) (0.2%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 11,300 | $ | 11,300 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $11,300) | 11,300 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,088,730)—99.4% | 6,837,145 | |||||||
Net other assets (liabilities)—0.6% | 42,366 | |||||||
NET ASSETS—100.0% | $ | 6,879,511 | ||||||
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $12,309. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $311,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap ProFund :: 89
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P MidCap 400 | Goldman Sachs International | 2/28/22 | 0.58 | % | $ | 2,035,409 | $ | 81,612 | ||||||||
S&P MidCap 400 | UBS AG | 2/28/22 | 0.43 | % | 5,271 | 211 | ||||||||||
$ | 2,040,680 | $ | 81,823 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Mid-Cap ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 46,588 | 0.7 | % | ||||
Air Freight & Logistics | 30,802 | 0.4 | % | |||||
Airlines | 9,875 | 0.1 | % | |||||
Auto Components | 82,243 | 1.2 | % | |||||
Automobiles | 22,466 | 0.3 | % | |||||
Banks | 326,046 | 4.7 | % | |||||
Beverages | 8,417 | 0.1 | % | |||||
Biotechnology | 91,053 | 1.3 | % | |||||
Building Products | 99,397 | 1.4 | % | |||||
Capital Markets | 85,468 | 1.2 | % | |||||
Chemicals | 127,622 | 1.9 | % | |||||
Commercial Services & Supplies | 74,462 | 1.1 | % | |||||
Communications Equipment | 50,042 | 0.7 | % | |||||
Construction & Engineering | 66,528 | 1.0 | % | |||||
Construction Materials | 12,543 | 0.2 | % | |||||
Consumer Finance | 28,140 | 0.4 | % | |||||
Containers & Packaging | 39,544 | 0.6 | % | |||||
Diversified Consumer Services | 42,003 | 0.6 | % | |||||
Diversified Financial Services | 31,317 | 0.5 | % | |||||
Diversified Telecommunication Services | 10,082 | 0.2 | % | |||||
Electric Utilities | 53,074 | 0.8 | % | |||||
Electrical Equipment | 93,460 | 1.4 | % | |||||
Electronic Equipment, Instruments & Components | 154,219 | 2.2 | % | |||||
Energy Equipment & Services | 23,222 | 0.3 | % | |||||
Entertainment | 4,744 | 0.1 | % | |||||
Equity Real Estate Investment Trusts | 482,903 | 7.0 | % | |||||
Food & Staples Retailing | 57,656 | 0.8 | % | |||||
Food Products | 85,308 | 1.2 | % | |||||
Gas Utilities | 65,018 | 0.9 | % | |||||
Health Care Equipment & Supplies | 145,142 | 2.1 | % | |||||
Health Care Providers & Services | 143,434 | 2.1 | % | |||||
Hotels, Restaurants & Leisure | 145,426 | 2.1 | % | |||||
Household Durables | 90,170 | 1.3 | % | |||||
Household Products | 5,002 | 0.1 | % | |||||
Industrial Conglomerates | 24,802 | 0.4 | % | |||||
Insurance | 191,425 | 2.8 | % | |||||
Interactive Media & Services | 10,744 | 0.2 | % | |||||
IT Services | 128,867 | 1.9 | % | |||||
Leisure Products | 62,216 | 0.9 | % | |||||
Life Sciences Tools & Services | 45,134 | 0.7 | % | |||||
Machinery | 258,339 | 3.8 | % | |||||
Marine | 8,343 | 0.1 | % | |||||
Media | 44,971 | 0.7 | % | |||||
Metals & Mining | 119,920 | 1.7 | % | |||||
Multiline Retail | 47,398 | 0.7 | % | |||||
Multi-Utilities | 28,342 | 0.4 | % | |||||
Oil, Gas & Consumable Fuels | 94,331 | 1.4 | % | |||||
Paper & Forest Products | 12,424 | 0.2 | % | |||||
Personal Products | 11,146 | 0.2 | % | |||||
Pharmaceuticals | 29,009 | 0.4 | % | |||||
Professional Services | 78,941 | 1.1 | % | |||||
Real Estate Management & Development | 26,835 | 0.4 | % | |||||
Road & Rail | 77,867 | 1.1 | % | |||||
Semiconductors & Semiconductor Equipment | 189,839 | 2.8 | % | |||||
Software | 176,915 | 2.6 | % | |||||
Specialty Retail | 156,524 | 2.3 | % | |||||
Technology Hardware, Storage & Peripherals | 16,821 | 0.2 | % | |||||
Textiles, Apparel & Luxury Goods | 89,666 | 1.3 | % | |||||
Thrifts & Mortgage Finance | 37,510 | 0.5 | % | |||||
Trading Companies & Distributors | 45,315 | 0.7 | % | |||||
Water Utilities | 23,785 | 0.3 | % | |||||
Other** | 2,008,666 | 29.2 | % | |||||
Total | $ | 6,879,511 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
90 :: Mid-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (100.0%)
Shares | Value | |||||||
Acadia Healthcare Co., Inc.* (Health Care Providers & Services) | 307 | $ | 16,164 | |||||
ACI Worldwide, Inc.* (Software) | 214 | 7,355 | ||||||
Adient PLC* (Auto Components) | 322 | 13,514 | ||||||
AECOM (Construction & Engineering) | 496 | 34,288 | ||||||
AGCO Corp. (Machinery) | 213 | 24,963 | ||||||
Alcoa Corp. (Metals & Mining) | 386 | 21,890 | ||||||
Alleghany Corp.* (Insurance) | 46 | 30,543 | ||||||
ALLETE, Inc. (Electric Utilities) | 180 | 11,489 | ||||||
Alliance Data Systems Corp. (IT Services) | 172 | 11,875 | ||||||
Amedisys, Inc.* (Health Care Providers & Services) | 111 | 14,996 | ||||||
American Campus Communities, Inc. (Equity Real Estate Investment Trusts) | 215 | 11,236 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 301 | 6,872 | ||||||
American Financial Group, Inc. (Insurance) | 120 | 15,634 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 202 | 4,448 | ||||||
Apartment Income REIT Corp. (Equity Real Estate Investment Trusts) | 286 | 15,107 | ||||||
AptarGroup, Inc. (Containers & Packaging) | 122 | 14,311 | ||||||
Arrow Electronics, Inc.* (Electronic Equipment, Instruments & Components) | 240 | 29,760 | ||||||
Ashland Global Holdings, Inc. (Chemicals) | 111 | 10,660 | ||||||
Associated Banc-Corp. (Banks) | 513 | 12,261 | ||||||
AutoNation, Inc.* (Specialty Retail) | 72 | 7,848 | ||||||
Avnet, Inc. (Electronic Equipment, Instruments & Components) | 341 | 13,763 | ||||||
Bank of Hawaii Corp. (Banks) | 81 | 6,972 | ||||||
Bank OZK (Banks) | 219 | 10,260 | ||||||
Belden, Inc. (Electronic Equipment, Instruments & Components) | 154 | 8,616 | ||||||
BJ's Wholesale Club Holdings, Inc.* (Food & Staples Retailing) | 468 | 28,768 | ||||||
Black Hills Corp. (Multi-Utilities) | 220 | 14,903 | ||||||
Blackbaud, Inc.* (Software) | 49 | 3,339 | ||||||
Brighthouse Financial, Inc.* (Insurance) | 274 | 14,919 | ||||||
Brixmor Property Group, Inc. (Equity Real Estate Investment Trusts) | 456 | 11,564 | ||||||
Cable One, Inc. (Media) | 7 | 10,813 | ||||||
Cabot Corp. (Chemicals) | 194 | 10,668 | ||||||
CACI International, Inc.*—Class A (Professional Services) | 79 | 19,549 | ||||||
Cadence Bank (Banks) | 671 | 20,915 | ||||||
Callaway Golf Co.* (Leisure Products) | 399 | 9,520 | ||||||
Capri Holdings, Ltd.* (Textiles, Apparel & Luxury Goods) | 203 | 12,194 | ||||||
Carter's, Inc. (Textiles, Apparel & Luxury Goods) | 142 | 13,223 | ||||||
Casey's General Stores, Inc. (Food & Staples Retailing) | 128 | 24,040 | ||||||
Cathay General Bancorp (Banks) | 163 | 7,361 | ||||||
CDK Global, Inc. (Software) | 215 | 9,239 | ||||||
Cerence, Inc.* (Software) | 62 | 3,936 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 366 | 8,198 | ||||||
Chemed Corp. (Health Care Providers & Services) | 24 | 11,254 | ||||||
Choice Hotels International, Inc. (Hotels, Restaurants & Leisure) | 37 | 5,306 | ||||||
Ciena Corp.* (Communications Equipment) | 196 | 12,997 | ||||||
Cirrus Logic, Inc.* (Semiconductors & Semiconductor Equipment) | 101 | 9,033 | ||||||
Clean Harbors, Inc.* (Commercial Services & Supplies) | 71 | 6,571 | ||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 34 | 6,150 | ||||||
CNO Financial Group, Inc. (Insurance) | 422 | 10,525 | ||||||
CNX Resources Corp.* (Oil, Gas & Consumable Fuels) | 378 | 5,606 | ||||||
Cognex Corp. (Electronic Equipment, Instruments & Components) | 227 | 15,086 | ||||||
Colfax Corp.* (Machinery) | 273 | 11,226 | ||||||
Columbia Sportswear Co. (Textiles, Apparel & Luxury Goods) | 55 | 5,108 | ||||||
Commerce Bancshares, Inc. (Banks) | 192 | 13,231 | ||||||
Commercial Metals Co. (Metals & Mining) | 412 | 13,777 | ||||||
CommVault Systems, Inc.* (Software) | 55 | 3,710 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 385 | 9,725 | ||||||
Coty, Inc.*—Class A (Personal Products) | 1,144 | 9,701 | ||||||
Cousins Properties, Inc. (Equity Real Estate Investment Trusts) | 511 | 19,704 | ||||||
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 81 | 9,650 | ||||||
Crane Co. (Machinery) | 89 | 9,212 | ||||||
Cullen/Frost Bankers, Inc. (Banks) | 85 | 11,986 | ||||||
Curtiss-Wright Corp. (Aerospace & Defense) | 136 | 18,060 | ||||||
CyrusOne, Inc. (Equity Real Estate Investment Trusts) | 153 | 13,747 | ||||||
Dana, Inc. (Auto Components) | 494 | 10,700 | ||||||
Donaldson Co., Inc. (Machinery) | 211 | 11,744 | ||||||
Douglas Emmett, Inc. (Equity Real Estate Investment Trusts) | 327 | 10,209 | ||||||
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | 192 | 9,926 | ||||||
Dycom Industries, Inc.* (Construction & Engineering) | 62 | 5,226 | ||||||
EMCOR Group, Inc. (Construction & Engineering) | 184 | 21,935 | ||||||
Encompass Health Corp. (Health Care Providers & Services) | 342 | 21,218 | ||||||
Energizer Holdings, Inc. (Household Products) | 215 | 8,086 | ||||||
EnerSys (Electrical Equipment) | 142 | 10,640 | ||||||
Envestnet, Inc.* (Software) | 89 | 6,581 | ||||||
Envista Holdings Corp.* (Health Care Equipment & Supplies) | 556 | 24,041 | ||||||
EPR Properties (Equity Real Estate Investment Trusts) | 253 | 11,124 | ||||||
EQT Corp.* (Oil, Gas & Consumable Fuels) | 1,033 | 21,951 | ||||||
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 1,386 | 11,240 | ||||||
Essent Group, Ltd. (Thrifts & Mortgage Finance) | 377 | 17,206 | ||||||
Essential Utilities, Inc. (Water Utilities) | 293 | 14,281 | ||||||
Euronet Worldwide, Inc.* (IT Services) | 119 | 15,933 | ||||||
Exelixis, Inc.* (Biotechnology) | 506 | 9,159 | ||||||
F.N.B. Corp. (Banks) | 1,161 | 15,000 | ||||||
Fair Isaac Corp.* (Software) | 40 | 19,800 | ||||||
Federated Hermes, Inc.—Class B (Capital Markets) | 174 | 5,761 | ||||||
First American Financial Corp. (Insurance) | 205 | 15,275 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap Value ProFund :: 91
Common Stocks, continued
Shares | Value | |||||||
First Horizon Corp. (Banks) | 1,850 | $ | 31,653 | |||||
First Industrial Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 138 | 8,388 | ||||||
First Solar, Inc.* (Semiconductors & Semiconductor Equipment) | 139 | 10,895 | ||||||
FirstCash Holdings, Inc. (Consumer Finance) | 138 | 9,619 | ||||||
Flowers Foods, Inc. (Food Products) | 681 | 19,157 | ||||||
Flowserve Corp. (Machinery) | 446 | 14,549 | ||||||
Fluor Corp.* (Construction & Engineering) | 483 | 10,162 | ||||||
Foot Locker, Inc. (Specialty Retail) | 307 | 13,717 | ||||||
Fulton Financial Corp. (Banks) | 550 | 9,873 | ||||||
GATX Corp. (Trading Companies & Distributors) | 122 | 12,743 | ||||||
Genpact, Ltd. (IT Services) | 203 | 10,099 | ||||||
Gentex Corp. (Auto Components) | 383 | 12,026 | ||||||
Globus Medical, Inc.* (Health Care Equipment & Supplies) | 109 | 7,274 | ||||||
Graco, Inc. (Machinery) | 234 | 16,979 | ||||||
Graham Holdings Co.—Class B (Diversified Consumer Services) | 13 | 7,737 | ||||||
Grand Canyon Education, Inc.* (Diversified Consumer Services) | 136 | 11,380 | ||||||
Greif, Inc.—Class A (Containers & Packaging) | 92 | 5,443 | ||||||
Grocery Outlet Holding Corp.* (Food & Staples Retailing) | 296 | 7,512 | ||||||
H&R Block, Inc. (Diversified Consumer Services) | 324 | 7,407 | ||||||
Haemonetics Corp.* (Health Care Equipment & Supplies) | 175 | 8,461 | ||||||
Hancock Whitney Corp. (Banks) | 165 | 8,699 | ||||||
Hanesbrands, Inc. (Textiles, Apparel & Luxury Goods) | 1,193 | 19,207 | ||||||
Harley-Davidson, Inc. (Automobiles) | 525 | 18,149 | ||||||
Hawaiian Electric Industries, Inc. (Electric Utilities) | 373 | 15,853 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 268 | 8,313 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 95 | 5,077 | ||||||
Hexcel Corp.* (Aerospace & Defense) | 288 | 15,025 | ||||||
Highwoods Properties, Inc. (Equity Real Estate Investment Trusts) | 357 | 15,394 | ||||||
HollyFrontier Corp. (Oil, Gas & Consumable Fuels) | 511 | 17,967 | ||||||
Home BancShares, Inc. (Banks) | 325 | 7,657 | ||||||
Hubbell, Inc. (Electrical Equipment) | 85 | 15,920 | ||||||
Hudson Pacific Properties, Inc. (Equity Real Estate Investment Trusts) | 517 | 12,217 | ||||||
IAA, Inc.* (Commercial Services & Supplies) | 214 | 9,829 | ||||||
ICU Medical, Inc.* (Health Care Equipment & Supplies) | 37 | 7,894 | ||||||
IDACORP, Inc. (Electric Utilities) | 174 | 19,178 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 190 | 12,046 | ||||||
Ingevity Corp.* (Chemicals) | 62 | 4,086 | ||||||
Ingredion, Inc. (Food Products) | 230 | 21,781 | ||||||
Integra LifeSciences Holdings Corp.* (Health Care Equipment & Supplies) | 123 | 7,963 | ||||||
Interactive Brokers Group, Inc. (Capital Markets) | 115 | 7,842 | ||||||
International Bancshares Corp. (Banks) | 181 | 7,607 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 213 | 7,642 | ||||||
ITT, Inc. (Machinery) | 128 | 11,766 | ||||||
Jabil, Inc. (Electronic Equipment, Instruments & Components) | 277 | 17,033 | ||||||
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 24 | 2,185 | ||||||
Janus Henderson Group PLC (Capital Markets) | 314 | 11,587 | ||||||
Jazz Pharmaceuticals PLC* (Pharmaceuticals) | 214 | 29,727 | ||||||
JBG Smith Properties (Equity Real Estate Investment Trusts) | 393 | 10,768 | ||||||
JetBlue Airways Corp.* (Airlines) | 1,086 | 15,888 | ||||||
John Wiley & Sons, Inc.—Class A (Media) | 74 | 3,756 | ||||||
Jones Lang LaSalle, Inc.* (Real Estate Management & Development) | 89 | 22,320 | ||||||
KB Home (Household Durables) | 294 | 12,422 | ||||||
KBR, Inc. (Professional Services) | 169 | 7,335 | ||||||
Kemper Corp. (Insurance) | 208 | 12,476 | ||||||
Kennametal, Inc. (Machinery) | 287 | 9,922 | ||||||
Kilroy Realty Corp. (Equity Real Estate Investment Trusts) | 361 | 23,104 | ||||||
Kirby Corp.* (Marine) | 208 | 13,557 | ||||||
Kite Realty Group Trust (Equity Real Estate Investment Trusts) | 751 | 15,681 | ||||||
Knight-Swift Transportation Holdings, Inc. (Road & Rail) | 569 | 32,194 | ||||||
Kohl's Corp. (Multiline Retail) | 518 | 30,931 | ||||||
Kyndryl Holdings, Inc.* (IT Services) | 608 | 10,263 | ||||||
Lamar Advertising Co.—Class A (Equity Real Estate Investment Trusts) | 101 | 11,187 | ||||||
Lancaster Colony Corp. (Food Products) | 37 | 5,874 | ||||||
Landstar System, Inc. (Road & Rail) | 45 | 7,200 | ||||||
Lear Corp. (Auto Components) | 208 | 34,802 | ||||||
Leggett & Platt, Inc. (Household Durables) | 458 | 18,251 | ||||||
Lennox International, Inc. (Building Products) | 49 | 13,897 | ||||||
LHC Group, Inc.* (Health Care Providers & Services) | 109 | 13,527 | ||||||
Lincoln Electric Holdings, Inc. (Machinery) | 83 | 10,611 | ||||||
Lithia Motors, Inc. (Specialty Retail) | 103 | 30,089 | ||||||
Littelfuse, Inc. (Electronic Equipment, Instruments & Components) | 34 | 9,179 | ||||||
LivaNova PLC* (Health Care Equipment & Supplies) | 73 | 5,483 | ||||||
Lumentum Holdings, Inc.* (Communications Equipment) | 136 | 13,801 | ||||||
Macy's, Inc. (Multiline Retail) | 1,064 | 27,238 | ||||||
ManpowerGroup, Inc. (Professional Services) | 188 | 19,715 | ||||||
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | 81 | 13,153 | ||||||
MasTec, Inc.* (Construction & Engineering) | 97 | 8,355 | ||||||
MDU Resources Group, Inc. (Multi-Utilities) | 697 | 20,470 | ||||||
Medical Properties Trust, Inc. (Equity Real Estate Investment Trusts) | 2,043 | 46,498 | ||||||
Mercury General Corp. (Insurance) | 92 | 5,029 | ||||||
Mercury Systems, Inc.* (Aerospace & Defense) | 194 | 11,042 | ||||||
MGIC Investment Corp. (Thrifts & Mortgage Finance) | 1,115 | 16,926 | ||||||
MillerKnoll, Inc. (Commercial Services & Supplies) | 261 | 10,080 | ||||||
Minerals Technologies, Inc. (Chemicals) | 115 | 8,047 |
See accompanying notes to the financial statements.
92 :: Mid-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
MKS Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 85 | $ | 13,203 | |||||
Molina Healthcare, Inc.* (Health Care Providers & Services) | 102 | 29,628 | ||||||
MSA Safety, Inc. (Commercial Services & Supplies) | 61 | 8,381 | ||||||
MSC Industrial Direct Co., Inc. (Trading Companies & Distributors) | 163 | 13,307 | ||||||
Murphy USA, Inc. (Specialty Retail) | 81 | 15,929 | ||||||
National Fuel Gas Co. (Gas Utilities) | 152 | 9,231 | ||||||
National Instruments Corp. (Electronic Equipment, Instruments & Components) | 214 | 8,821 | ||||||
National Retail Properties, Inc. (Equity Real Estate Investment Trusts) | 331 | 14,690 | ||||||
NCR Corp.* (Technology Hardware, Storage & Peripherals) | 455 | 17,317 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 155 | 5,653 | ||||||
New Jersey Resources Corp. (Gas Utilities) | 331 | 13,310 | ||||||
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 1,592 | 18,563 | ||||||
NewMarket Corp. (Chemicals) | 24 | 8,114 | ||||||
Nordson Corp. (Machinery) | 74 | 17,208 | ||||||
Nordstrom, Inc.* (Multiline Retail) | 380 | 8,550 | ||||||
NorthWestern Corp. (Multi-Utilities) | 180 | 10,462 | ||||||
NOV, Inc. (Energy Equipment & Services) | 1,334 | 21,905 | ||||||
Nu Skin Enterprises, Inc.—Class A (Personal Products) | 172 | 8,289 | ||||||
NuVasive, Inc.* (Health Care Equipment & Supplies) | 179 | 9,310 | ||||||
nVent Electric PLC (Electrical Equipment) | 236 | 8,163 | ||||||
OGE Energy Corp. (Electric Utilities) | 430 | 16,306 | ||||||
Old Republic International Corp. (Insurance) | 976 | 25,015 | ||||||
Ollie's Bargain Outlet Holdings, Inc.* (Multiline Retail) | 211 | 10,115 | ||||||
Omega Healthcare Investors, Inc. (Equity Real Estate Investment Trusts) | 818 | 25,751 | ||||||
ONE Gas, Inc. (Gas Utilities) | 184 | 14,332 | ||||||
Oshkosh Corp. (Machinery) | 237 | 26,972 | ||||||
Owens Corning (Building Products) | 345 | 30,602 | ||||||
Park Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 805 | 14,651 | ||||||
Patterson Cos., Inc. (Health Care Providers & Services) | 295 | 8,464 | ||||||
Pebblebrook Hotel Trust (Equity Real Estate Investment Trusts) | 449 | 9,721 | ||||||
Performance Food Group Co.* (Food & Staples Retailing) | 529 | 22,319 | ||||||
Perrigo Co. PLC (Pharmaceuticals) | 459 | 17,474 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 753 | 13,750 | ||||||
Pilgrim's Pride Corp.* (Food Products) | 167 | 4,671 | ||||||
PNM Resources, Inc. (Electric Utilities) | 296 | 13,264 | ||||||
Polaris, Inc. (Leisure Products) | 111 | 12,498 | ||||||
Post Holdings, Inc.* (Food Products) | 203 | 21,481 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 128 | 6,885 | ||||||
Primerica, Inc. (Insurance) | 50 | 7,717 | ||||||
PROG Holdings, Inc.* (Consumer Finance) | 193 | 7,683 | ||||||
Progyny, Inc.* (Health Care Providers & Services) | 92 | 3,726 | ||||||
Prosperity Bancshares, Inc. (Banks) | 316 | 23,146 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 26 | 4,341 | ||||||
R1 RCM, Inc.* (Health Care Providers & Services) | 190 | 4,518 | ||||||
Rayonier, Inc. (Equity Real Estate Investment Trusts) | 195 | 7,125 | ||||||
Regal Rexnord Corp. (Electrical Equipment) | 136 | 21,554 | ||||||
Reinsurance Group of America, Inc. (Insurance) | 233 | 26,755 | ||||||
Reliance Steel & Aluminum Co. (Metals & Mining) | 217 | 33,174 | ||||||
RenaissanceRe Holdings, Ltd. (Insurance) | 159 | 24,990 | ||||||
RLI Corp. (Insurance) | 55 | 5,763 | ||||||
Royal Gold, Inc. (Metals & Mining) | 92 | 9,343 | ||||||
RPM International, Inc. (Chemicals) | 219 | 19,405 | ||||||
Ryder System, Inc. (Road & Rail) | 184 | 13,467 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 779 | 10,602 | ||||||
Sabre Corp.* (IT Services) | 566 | 5,179 | ||||||
Sanderson Farms, Inc. (Food Products) | 40 | 7,360 | ||||||
Science Applications International Corp. (Professional Services) | 197 | 16,160 | ||||||
SEI Investments Co. (Capital Markets) | 151 | 8,850 | ||||||
Selective Insurance Group, Inc. (Insurance) | 209 | 16,490 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 74 | 5,261 | ||||||
Sensient Technologies Corp. (Chemicals) | 62 | 5,254 | ||||||
Silgan Holdings, Inc. (Containers & Packaging) | 288 | 12,897 | ||||||
Six Flags Entertainment Corp.* (Hotels, Restaurants & Leisure) | 135 | 5,331 | ||||||
Skechers U.S.A., Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 243 | 10,206 | ||||||
SL Green Realty Corp. (Equity Real Estate Investment Trusts) | 233 | 16,897 | ||||||
Sonoco Products Co. (Containers & Packaging) | 337 | 19,087 | ||||||
Southwest Gas Holdings, Inc. (Gas Utilities) | 211 | 14,386 | ||||||
Spire, Inc. (Gas Utilities) | 176 | 11,602 | ||||||
Spirit Realty Capital, Inc. (Equity Real Estate Investment Trusts) | 421 | 19,981 | ||||||
Sprouts Farmers Market, Inc.* (Food & Staples Retailing) | 384 | 10,422 | ||||||
Stericycle, Inc.* (Commercial Services & Supplies) | 314 | 18,444 | ||||||
STORE Capital Corp. (Equity Real Estate Investment Trusts) | 842 | 26,700 | ||||||
Sunrun, Inc.* (Electrical Equipment) | 709 | 18,384 | ||||||
Synovus Financial Corp. (Banks) | 298 | 14,828 | ||||||
Taylor Morrison Home Corp.* (Household Durables) | 418 | 12,828 | ||||||
TD SYNNEX Corp. (Electronic Equipment, Instruments & Components) | 139 | 14,535 | ||||||
TEGNA, Inc. (Media) | 422 | 8,170 | ||||||
Terex Corp. (Machinery) | 239 | 9,971 | ||||||
Texas Capital Bancshares, Inc.* (Banks) | 174 | 10,910 | ||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 96 | 8,197 | ||||||
The Boston Beer Co., Inc.*—Class A (Beverages) | 12 | 5,050 | ||||||
The Brink's Co. (Commercial Services & Supplies) | 170 | 11,863 | ||||||
The Chemours Co. (Chemicals) | 560 | 18,318 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Mid-Cap Value ProFund :: 93
Common Stocks, continued
Shares | Value | |||||||
The Goodyear Tire & Rubber Co.* (Auto Components) | 962 | $ | 19,942 | |||||
The Hain Celestial Group, Inc.* (Food Products) | 317 | 11,580 | ||||||
The Hanover Insurance Group, Inc. (Insurance) | 122 | 16,831 | ||||||
The Macerich Co. (Equity Real Estate Investment Trusts) | 726 | 12,008 | ||||||
The Middleby Corp.* (Machinery) | 69 | 12,779 | ||||||
The New York Times Co.—Class A (Media) | 240 | 9,607 | ||||||
The Timken Co. (Machinery) | 237 | 15,832 | ||||||
The Wendy's Co. (Hotels, Restaurants & Leisure) | 297 | 6,840 | ||||||
The Western Union Co. (IT Services) | 1,376 | 26,020 | ||||||
Thor Industries, Inc. (Automobiles) | 192 | 18,162 | ||||||
Toll Brothers, Inc. (Household Durables) | 392 | 23,116 | ||||||
Travel + Leisure Co. (Hotels, Restaurants & Leisure) | 297 | 16,871 | ||||||
Tri Pointe Homes, Inc.* (Household Durables) | 381 | 9,072 | ||||||
Trinity Industries, Inc. (Machinery) | 137 | 3,936 | ||||||
TripAdvisor, Inc.* (Interactive Media & Services) | 194 | 5,267 | ||||||
UGI Corp. (Gas Utilities) | 718 | 32,560 | ||||||
Umpqua Holdings Corp. (Banks) | 462 | 9,369 | ||||||
United Bankshares, Inc. (Banks) | 465 | 16,428 | ||||||
United States Steel Corp. (Metals & Mining) | 926 | 19,187 | ||||||
United Therapeutics Corp.* (Biotechnology) | 81 | 16,351 | ||||||
Univar Solutions, Inc.* (Trading Companies & Distributors) | 584 | 15,477 | ||||||
Unum Group (Insurance) | 699 | 17,741 | ||||||
Urban Edge Properties (Equity Real Estate Investment Trusts) | 207 | 3,776 | ||||||
Urban Outfitters, Inc.* (Specialty Retail) | 226 | 6,491 | ||||||
Valley National Bancorp (Banks) | 1,391 | 19,363 | ||||||
ViaSat, Inc.* (Communications Equipment) | 249 | 10,961 | ||||||
Victoria's Secret & Co.* (Specialty Retail) | 128 | 7,146 | ||||||
Vishay Intertechnology, Inc. (Electronic Equipment, Instruments & Components) | 451 | 9,340 | ||||||
Visteon Corp.* (Auto Components) | 96 | 9,745 | ||||||
Vontier Corp. (Electronic Equipment, Instruments & Components) | 578 | 16,248 | ||||||
Voya Financial, Inc. (Diversified Financial Services) | 386 | 26,233 | ||||||
Washington Federal, Inc. (Thrifts & Mortgage Finance) | 223 | 7,809 | ||||||
Watsco, Inc. (Trading Companies & Distributors) | 40 | 11,302 | ||||||
Webster Financial Corp. (Banks) | 364 | 20,679 | ||||||
Werner Enterprises, Inc. (Road & Rail) | 211 | 9,408 | ||||||
WEX, Inc.* (IT Services) | 89 | 14,327 | ||||||
Wintrust Financial Corp. (Banks) | 98 | 9,611 | ||||||
Wolfspeed, Inc.* (Semiconductors & Semiconductor Equipment) | 180 | 16,964 | ||||||
Woodward, Inc. (Machinery) | 218 | 24,039 | ||||||
World Wrestling Entertainment, Inc.—Class A (Entertainment) | 58 | 2,897 | ||||||
Worthington Industries, Inc. (Metals & Mining) | 111 | 6,014 | ||||||
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 112 | 9,402 | ||||||
Xerox Holdings Corp. (Technology Hardware, Storage & Peripherals) | 469 | 9,901 | ||||||
XPO Logistics, Inc.* (Air Freight & Logistics) | 339 | 22,432 | ||||||
Yelp, Inc.* (Interactive Media & Services) | 118 | 4,076 | ||||||
TOTAL COMMON STOCKS (Cost $2,958,250) | 4,014,479 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $2,958,250)—100.0% | 4,014,479 | |||||||
Net other assets (liabilities)—NM | (1,407 | ) | ||||||
NET ASSETS—100.0% | $ | 4,013,072 |
* | Non-income producing security. |
See accompanying notes to the financial statements.
94 :: Mid-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Mid-Cap Value ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 44,127 | 1.1 | % | ||||
Air Freight & Logistics | 22,432 | 0.6 | % | |||||
Airlines | 15,888 | 0.4 | % | |||||
Auto Components | 100,730 | 2.5 | % | |||||
Automobiles | 36,311 | 0.9 | % | |||||
Banks | 287,810 | 7.2 | % | |||||
Beverages | 5,050 | 0.1 | % | |||||
Biotechnology | 25,510 | 0.6 | % | |||||
Building Products | 44,499 | 1.1 | % | |||||
Capital Markets | 34,040 | 0.8 | % | |||||
Chemicals | 84,552 | 2.1 | % | |||||
Commercial Services & Supplies | 65,168 | 1.6 | % | |||||
Communications Equipment | 37,759 | 0.9 | % | |||||
Construction & Engineering | 79,966 | 2.0 | % | |||||
Consumer Finance | 17,302 | 0.4 | % | |||||
Containers & Packaging | 51,738 | 1.3 | % | |||||
Diversified Consumer Services | 26,524 | 0.7 | % | |||||
Diversified Financial Services | 26,233 | 0.7 | % | |||||
Diversified Telecommunication Services | 7,642 | 0.2 | % | |||||
Electric Utilities | 76,090 | 1.9 | % | |||||
Electrical Equipment | 74,661 | 1.9 | % | |||||
Electronic Equipment, Instruments & Components | 154,427 | 3.8 | % | |||||
Energy Equipment & Services | 30,103 | 0.8 | % | |||||
Entertainment | 2,896 | 0.1 | % | |||||
Equity Real Estate Investment Trusts | 440,843 | 11.0 | % | |||||
Food & Staples Retailing | 93,060 | 2.3 | % | |||||
Food Products | 91,904 | 2.3 | % | |||||
Gas Utilities | 95,421 | 2.4 | % | |||||
Health Care Equipment & Supplies | 76,079 | 1.9 | % | |||||
Health Care Providers & Services | 128,572 | 3.2 | % | |||||
Hotels, Restaurants & Leisure | 76,935 | 1.9 | % | |||||
Household Durables | 75,689 | 1.9 | % | |||||
Household Products | 8,086 | 0.2 | % | |||||
Insurance | 245,703 | 6.1 | % | |||||
Interactive Media & Services | 9,343 | 0.2 | % | |||||
IT Services | 93,696 | 2.3 | % | |||||
Leisure Products | 22,018 | 0.5 | % | |||||
Machinery | 231,709 | 5.8 | % | |||||
Marine | 13,557 | 0.3 | % | |||||
Media | 32,346 | 0.8 | % | |||||
Metals & Mining | 103,386 | 2.6 | % | |||||
Multiline Retail | 76,833 | 1.9 | % | |||||
Multi-Utilities | 45,835 | 1.1 | % | |||||
Oil, Gas & Consumable Fuels | 66,691 | 1.7 | % | |||||
Personal Products | 17,990 | 0.4 | % | |||||
Pharmaceuticals | 47,201 | 1.2 | % | |||||
Professional Services | 62,759 | 1.6 | % | |||||
Real Estate Management & Development | 22,320 | 0.6 | % | |||||
Road & Rail | 62,269 | 1.6 | % | |||||
Semiconductors & Semiconductor Equipment | 65,954 | 1.6 | % | |||||
Software | 53,960 | 1.3 | % | |||||
Specialty Retail | 88,092 | 2.2 | % | |||||
Technology Hardware, Storage & Peripherals | 27,218 | 0.7 | % | |||||
Textiles, Apparel & Luxury Goods | 59,938 | 1.5 | % | |||||
Thrifts & Mortgage Finance | 60,504 | 1.5 | % | |||||
Trading Companies & Distributors | 52,829 | 1.3 | % | |||||
Water Utilities | 14,281 | 0.4 | % | |||||
Other** | (1,407 | ) | NM | |||||
Total | $ | 4,013,072 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Nasdaq-100 ProFund :: 95
Common Stocks (82.4%)
Shares | Value | |||||||
Activision Blizzard, Inc. (Entertainment) | 3,622 | $ | 286,174 | |||||
Adobe, Inc.* (Software) | 2,213 | 1,182,406 | ||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 5,616 | 641,628 | ||||||
Airbnb, Inc.*—Class A (Hotels, Restaurants & Leisure) | 1,613 | 248,354 | ||||||
Align Technology, Inc.* (Health Care Equipment & Supplies) | 367 | 181,650 | ||||||
Alphabet, Inc.*—Class A (Interactive Media & Services) | 844 | 2,283,923 | ||||||
Alphabet, Inc.*—Class C (Interactive Media & Services) | 891 | 2,418,147 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 1,422 | 4,253,870 | ||||||
American Electric Power Co., Inc. (Electric Utilities) | 2,341 | 211,626 | ||||||
Amgen, Inc. (Biotechnology) | 2,620 | 595,107 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 2,498 | 409,597 | ||||||
ANSYS, Inc.* (Software) | 406 | 138,044 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 45,986 | 8,037,433 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 4,198 | 580,080 | ||||||
ASML Holding N.V.NYS (Semiconductors & Semiconductor Equipment) | 377 | 255,304 | ||||||
Atlassian Corp. PLC*—Class A (Software) | 654 | 212,118 | ||||||
Autodesk, Inc.* (Software) | 1,022 | 255,285 | ||||||
Automatic Data Processing, Inc. (IT Services) | 1,959 | 403,887 | ||||||
Baidu, Inc.*ADR (Interactive Media & Services) | 1,128 | 180,187 | ||||||
Biogen, Inc.* (Biotechnology) | 683 | 154,358 | ||||||
Booking Holdings, Inc.* (Hotels, Restaurants & Leisure) | 191 | 469,121 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 1,914 | 1,121,374 | ||||||
Cadence Design Systems, Inc.* (Software) | 1,288 | 195,956 | ||||||
Charter Communications, Inc.*—Class A (Media) | 834 | 494,846 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 481 | 188,326 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 19,614 | 1,091,911 | ||||||
Cognizant Technology Solutions Corp.— Class A (IT Services) | 2,442 | 208,596 | ||||||
Comcast Corp.—Class A (Media) | 21,203 | 1,059,938 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 1,103 | 142,563 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 2,055 | 1,038,042 | ||||||
Crowdstrike Holdings, Inc.*—Class A (Software) | 957 | 172,872 | ||||||
CSX Corp. (Road & Rail) | 10,315 | 352,979 | ||||||
Datadog, Inc.*—Class A (Software) | 1,195 | 174,601 | ||||||
DexCom, Inc.* (Health Care Equipment & Supplies) | 451 | 194,146 | ||||||
DocuSign, Inc.* (Software) | 915 | 115,080 | ||||||
Dollar Tree, Inc.* (Multiline Retail) | 1,046 | 137,256 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 2,910 | 174,804 | ||||||
Electronic Arts, Inc. (Entertainment) | 1,314 | 174,315 | ||||||
Exelon Corp. (Electric Utilities) | 4,549 | 263,615 | ||||||
Fastenal Co. (Trading Companies & Distributors) | 2,675 | 151,619 | ||||||
Fiserv, Inc.* (IT Services) | 3,069 | 324,393 | ||||||
Fortinet, Inc.* (Software) | 761 | 226,200 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 5,833 | 400,610 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 3,202 | 654,745 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 394 | 199,876 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 727 | 253,592 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 18,913 | 923,333 | ||||||
Intuit, Inc. (Software) | 1,316 | 730,683 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 1,662 | 472,308 | ||||||
JD.com, Inc.*ADR (Internet & Direct Marketing Retail) | 3,449 | 258,261 | ||||||
Keurig Dr Pepper, Inc. (Beverages) | 6,594 | 250,242 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 705 | 274,435 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 655 | 386,398 | ||||||
Lucid Group, Inc.*(a) (Automobiles) | 7,656 | 225,010 | ||||||
Lululemon Athletica, Inc.* (Textiles, Apparel & Luxury Goods) | 579 | 193,247 | ||||||
Marriott International, Inc.*—Class A (Hotels, Restaurants & Leisure) | 1,515 | 244,097 | ||||||
Marvell Technology, Inc. (Semiconductors & Semiconductor Equipment) | 3,830 | 273,462 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 1,316 | 148,313 | ||||||
Mercadolibre, Inc.* (Internet & Direct Marketing Retail) | 235 | 266,034 | ||||||
Meta Platforms, Inc.*—Class A (Interactive Media & Services) | 9,934 | 3,111,924 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 2,580 | 199,898 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 5,201 | 427,886 | ||||||
Microsoft Corp. (Software) | 21,046 | 6,544,886 | ||||||
Moderna, Inc.* (Biotechnology) | 1,885 | 319,187 | ||||||
Mondelez International, Inc.—Class A (Food Products) | 6,487 | 434,823 | ||||||
Monster Beverage Corp.* (Beverages) | 2,460 | 213,331 | ||||||
NetEase, Inc.ADR (Entertainment) | 1,317 | 136,125 | ||||||
Netflix, Inc.* (Entertainment) | 2,060 | 879,909 | ||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 9,863 | 2,415,055 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 1,237 | 254,129 | ||||||
Okta, Inc.* (IT Services) | 687 | 135,950 | ||||||
Old Dominion Freight Line, Inc. (Road & Rail) | 534 | 161,231 | ||||||
O'Reilly Automotive, Inc.* (Specialty Retail) | 313 | 203,998 | ||||||
PACCAR, Inc. (Machinery) | 1,614 | 150,086 | ||||||
Palo Alto Networks, Inc.* (Software) | 458 | 236,969 | ||||||
Paychex, Inc. (IT Services) | 1,677 | 197,484 | ||||||
PayPal Holdings, Inc.* (IT Services) | 5,462 | 939,136 | ||||||
PepsiCo, Inc. (Beverages) | 6,429 | 1,115,561 | ||||||
Pinduoduo, Inc.*ADR (Internet & Direct Marketing Retail) | 1,931 | 115,551 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 5,208 | 915,358 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 492 | 299,426 |
See accompanying notes to the financial statements.
96 :: Nasdaq-100 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Ross Stores, Inc. (Specialty Retail) | 1,652 | $ | 161,483 | |||||
Seagen, Inc.* (Biotechnology) | 850 | 114,334 | ||||||
Sirius XM Holdings, Inc.(a) (Media) | 18,595 | 118,264 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 769 | 112,674 | ||||||
Splunk, Inc.* (Software) | 751 | 93,064 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 5,456 | 536,433 | ||||||
Synopsys, Inc.* (Software) | 709 | 220,145 | ||||||
Tesla, Inc.* (Automobiles) | 2,815 | 2,636,867 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 4,295 | 770,910 | ||||||
The Kraft Heinz Co. (Food Products) | 5,692 | 203,774 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 5,809 | 628,360 | ||||||
VeriSign, Inc.* (IT Services) | 517 | 112,282 | ||||||
Verisk Analytics, Inc. (Professional Services) | 749 | 146,901 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 1,182 | 287,285 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 4,025 | 200,284 | ||||||
Workday, Inc.*—Class A (Software) | 897 | 226,950 | ||||||
Xcel Energy, Inc. (Electric Utilities) | 2,504 | 174,429 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 1,153 | 223,163 | ||||||
Zoom Video Communications, Inc.*—Class A (Software) | 1,126 | 173,719 | ||||||
Zscaler, Inc.* (Software) | 651 | 167,379 | ||||||
TOTAL COMMON STOCKS (Cost $18,911,864) | 64,272,980 |
Repurchase Agreements(b)(c) (16.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $12,559,000 | $ | 12,559,000 | $ | 12,559,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $12,559,000) | 12,559,000 |
Collateral for Securities Loaned(d) (0.4%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 308,169 | $ | 308,169 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $308,169) | 308,169 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $31,779,033)—98.9% | 77,140,149 | |||||||
Net other assets (liabilities)—1.1% | 868,574 | |||||||
NET ASSETS—100.0% | $ | 78,008,723 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $308,753. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,861,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
ADR | American Depositary Receipt |
NYS | New York Shares |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
E-Mini Nasdaq 100 Futures Contracts | 2 | 3/21/22 | $ | 596,200 | $ | (57,042 | ) |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Nasdaq-100 Index | Goldman Sachs International | 2/28/22 | 0.68 | % | $ | 4,275,220 | $ | 2,578,801 | ||||||||||
Nasdaq-100 Index | UBS AG | 2/28/22 | 0.88 | % | 8,689,289 | 655,158 | ||||||||||||
$ | 12,964,509 | $ | 3,233,959 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Nasdaq-100 ProFund :: 97
Nasdaq-100 ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Automobiles | $ | 2,861,877 | 3.7 | % | ||||
Beverages | 1,579,134 | 2.0 | % | |||||
Biotechnology | 2,170,307 | 2.8 | % | |||||
Commercial Services & Supplies | 330,889 | 0.4 | % | |||||
Communications Equipment | 1,091,911 | 1.4 | % | |||||
Electric Utilities | 649,670 | 0.8 | % | |||||
Entertainment | 1,476,523 | 1.9 | % | |||||
Food & Staples Retailing | 1,238,326 | 1.6 | % | |||||
Food Products | 638,597 | 0.8 | % | |||||
Health Care Equipment & Supplies | 1,047,980 | 1.3 | % | |||||
Hotels, Restaurants & Leisure | 1,498,005 | 1.9 | % | |||||
Industrial Conglomerates | 654,745 | 0.8 | % | |||||
Interactive Media & Services | 8,142,495 | 10.4 | % | |||||
Internet & Direct Marketing Retail | 5,068,520 | 6.5 | % | |||||
IT Services | 2,321,728 | 3.0 | % | |||||
Life Sciences Tools & Services | 253,592 | 0.3 | % | |||||
Machinery | 150,086 | 0.2 | % | |||||
Media | 1,673,048 | 2.1 | % | |||||
Multiline Retail | 137,256 | 0.2 | % | |||||
Professional Services | 146,901 | 0.2 | % | |||||
Road & Rail | 514,210 | 0.7 | % | |||||
Semiconductors & Semiconductor Equipment | 10,184,684 | 13.1 | % | |||||
Software | 11,066,356 | 14.2 | % | |||||
Specialty Retail | 365,481 | 0.5 | % | |||||
Technology Hardware, Storage & Peripherals | 8,037,433 | 10.3 | % | |||||
Textiles, Apparel & Luxury Goods | 193,247 | 0.3 | % | |||||
Trading Companies & Distributors | 151,619 | 0.2 | % | |||||
Wireless Telecommunication Services | 628,360 | 0.8 | % | |||||
Other** | 13,735,743 | 17.6 | % | |||||
Total | $ | 78,008,723 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
98 :: Oil & Gas UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (71.7%)
Shares | Value | |||||||
APA Corp. (Oil, Gas & Consumable Fuels) | 7,395 | $ | 245,588 | |||||
Baker Hughes Co.—Class A (Energy Equipment & Services) | 17,794 | 488,267 | ||||||
Cheniere Energy, Inc. (Oil, Gas & Consumable Fuels) | 4,802 | 537,344 | ||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 39,246 | 5,154,177 | ||||||
ConocoPhillips (Oil, Gas & Consumable Fuels) | 26,852 | 2,379,624 | ||||||
Continental Resources, Inc. (Oil, Gas & Consumable Fuels) | 1,190 | 61,809 | ||||||
Coterra Energy, Inc. (Oil, Gas & Consumable Fuels) | 16,563 | 362,730 | ||||||
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 12,818 | 648,206 | ||||||
Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 3,469 | 437,649 | ||||||
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | 1,969 | 101,797 | ||||||
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 11,912 | 1,327,950 | ||||||
EQT Corp.* (Oil, Gas & Consumable Fuels) | 6,155 | 130,794 | ||||||
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 8,276 | 67,118 | ||||||
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 86,191 | 6,547,067 | ||||||
First Solar, Inc.* (Semiconductors & Semiconductor Equipment) | 2,013 | 157,779 | ||||||
Halliburton Co. (Energy Equipment & Services) | 18,222 | 560,144 | ||||||
Hess Corp. (Oil, Gas & Consumable Fuels) | 5,612 | 517,931 | ||||||
HollyFrontier Corp. (Oil, Gas & Consumable Fuels) | 3,043 | 106,992 | ||||||
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 39,699 | 689,175 | ||||||
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 15,850 | 308,600 | ||||||
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 12,533 | 899,243 | ||||||
New Fortress Energy, Inc. (Oil, Gas & Consumable Fuels) | 841 | 18,468 | ||||||
NOV, Inc. (Energy Equipment & Services) | 7,953 | 130,588 | ||||||
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 18,064 | 680,471 | ||||||
OGE Energy Corp. (Electric Utilities) | 4,075 | 154,524 | ||||||
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 9,078 | 550,853 | ||||||
Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | 5,315 | 206,222 | ||||||
Pioneer Natural Resources Co. (Oil, Gas & Phillips 66 (Oil, Gas & Consumable Fuels) | 8,920 | 756,327 | ||||||
Consumable Fuels) | 4,622 | 1,011,710 | ||||||
Plug Power, Inc.* (Electrical Equipment) | 10,556 | 230,860 | ||||||
Schlumberger, Ltd. (Energy Equipment & Services) | 28,556 | 1,115,684 | ||||||
Targa Resources Corp. (Oil, Gas & Consumable Fuels) | 4,661 | 275,372 | ||||||
TechnipFMC PLC (Energy Equipment & Services) | 8,625 | 55,976 | ||||||
Texas Pacific Land Corp. (Oil, Gas & Consumable Fuels) | 126 | 135,450 | ||||||
The Williams Cos., Inc. (Oil, Gas & Consumable Fuels) | 24,736 | 740,596 | ||||||
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 8,323 | 690,559 | ||||||
TOTAL COMMON STOCKS (Cost $16,113,686) | 28,483,644 |
Repurchase Agreements(a)(b) (25.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $9,968,000 | $ | 9,968,000 | $ | 9,968,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $9,920,826) | 9,968,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $26,034,512)—96.8% | 38,451,644 | |||||||
Net other assets (liabilities)—3.2% | 1,273,910 | |||||||
NET ASSETS—100.0% | $ | 39,725,554 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $5,636,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Oil & Gas Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 14,960,450 | $ | 630,896 | ||||||||||
Dow Jones U.S. Oil & Gas Index | UBS AG | 2/23/22 | 0.08 | % | 15,890,384 | 676,645 | ||||||||||||
$ | 30,850,834 | $ | 1,307,541 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Oil & Gas UltraSector ProFund :: 99
Oil & Gas UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Electric Utilities | $ | 154,524 | 0.4 | % | ||||
Electrical Equipment | 230,860 | 0.6 | % | |||||
Energy Equipment & Services | 2,350,659 | 5.9 | % | |||||
Oil, Gas & Consumable Fuels | 25,589,822 | 64.4 | % | |||||
Semiconductors & Semiconductor Equipment | 157,779 | 0.4 | % | |||||
Other** | 11,241,910 | 28.3 | % | |||||
Total | $ | 39,725,554 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
100 :: Oil Equipment & Services UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (72.9%)
Shares | Value | |||||||
Archrock, Inc. (Energy Equipment & Services) | 28,359 | $ | 239,350 | |||||
Baker Hughes Co.—Class A (Energy Equipment & Services) | 104,030 | 2,854,583 | ||||||
Bristow Group, Inc.* (Energy Equipment & Services) | 4,904 | 161,096 | ||||||
Cactus, Inc.—Class A (Energy Equipment & Services) | 12,474 | 604,490 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 22,998 | 515,155 | ||||||
Core Laboratories N.V. (Energy Equipment & Services) | 9,794 | 261,206 | ||||||
DMC Global, Inc.* (Energy Equipment & Services) | 3,962 | 159,827 | ||||||
Dril-Quip, Inc.* (Energy Equipment & Services) | 7,488 | 189,372 | ||||||
Expro Group Holdings N.V.* (Energy Equipment & Services) | 6,234 | 97,624 | ||||||
Halliburton Co. (Energy Equipment & Services) | 22,321 | 686,148 | ||||||
Helix Energy Solutions Group, Inc.* (Energy Equipment & Services) | 30,012 | 105,942 | ||||||
Helmerich & Payne, Inc. (Energy Equipment & Services) | 21,665 | 621,786 | ||||||
Liberty Oilfield Services, Inc.* (Energy Equipment & Services) | 22,260 | 269,346 | ||||||
Nabors Industries, Ltd.* (Energy Equipment & Services) | 1,639 | 169,653 | ||||||
NexTier Oilfield Solutions, Inc.* (Energy Equipment & Services) | 33,791 | 203,422 | ||||||
NOV, Inc. (Energy Equipment & Services) | 39,747 | 652,646 | ||||||
Oceaneering International, Inc.* (Energy Equipment & Services) | 21,116 | 275,141 | ||||||
Patterson-UTI Energy, Inc. (Energy Equipment & Services) | 45,517 | 453,349 | ||||||
ProPetro Holding Corp.* (Energy Equipment & Services) | 17,936 | 188,507 | ||||||
Schlumberger, Ltd. (Energy Equipment & Services) | 85,484 | 3,339,860 | ||||||
TechnipFMC PLC (Energy Equipment & Services) | 80,338 | 521,394 | ||||||
Transocean, Ltd.* (Energy Equipment & Services) | 127,604 | 401,953 | ||||||
U.S. Silica Holdings, Inc.* (Energy Equipment & Services) | 15,778 | 150,680 | ||||||
Valaris, Ltd.* (Energy Equipment & Services) | 13,806 | 572,811 | ||||||
TOTAL COMMON STOCKS (Cost $8,134,399) | 13,695,341 |
Repurchase Agreements(a)(b) (27.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $5,150,000 | $ | 5,150,000 | $ | 5,150,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $5,150,000) | 5,150,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $13,284,399)—100.3% | 18,845,341 | |||||||
Net other assets (liabilities)—(0.3)% | (59,295 | ) | ||||||
NET ASSETS—100.0% | $ | 18,786,046 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $2,749,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Select Oil Equipment & Services Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 10,212,235 | $ | 158,894 | ||||||||||
Dow Jones U.S. Select Oil Equipment & Services Index | UBS AG | 2/23/22 | 0.43 | % | 4,207,765 | 146,108 | ||||||||||||
$ | 14,420,000 | $ | 305,002 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Oil Equipment & Services UltraSector ProFund :: 101
Oil Equipment & Services UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Energy Equipment & Services | $ | 13,695,341 | 72.9 | % | ||||
Other** | 5,090,705 | 27.1 | % | |||||
Total | $ | 18,786,046 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
102 :: Pharmaceuticals UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (76.6%)
Shares | Value | |||||||
Aerie Pharmaceuticals, Inc.* (Pharmaceuticals) | 565 | $ | 4,158 | |||||
Amicus Therapeutics, Inc.* (Biotechnology) | 2,987 | 28,109 | ||||||
Amneal Pharmaceuticals, Inc.* (Pharmaceuticals) | 1,175 | 5,205 | ||||||
Amphastar Pharmaceuticals, Inc.* (Pharmaceuticals) | 439 | 10,137 | ||||||
Antares Pharma, Inc.* (Health Care Equipment & Supplies) | 2,025 | 6,824 | ||||||
Arvinas, Inc.* (Pharmaceuticals) | 514 | 36,746 | ||||||
Atea Pharmaceuticals, Inc.* (Biotechnology) | 632 | 4,512 | ||||||
Axsome Therapeutics, Inc.* (Pharmaceuticals) | 355 | 9,741 | ||||||
Bristol-Myers Squibb Co. (Pharmaceuticals) | 2,800 | 181,692 | ||||||
Cara Therapeutics, Inc.* (Biotechnology) | 504 | 5,836 | ||||||
Cassava Sciences, Inc.*(a) (Pharmaceuticals) | 448 | 19,824 | ||||||
Catalent, Inc.* (Pharmaceuticals) | 1,265 | 131,471 | ||||||
Catalyst Pharmaceuticals, Inc.* (Biotechnology) | 1,143 | 6,584 | ||||||
ChemoCentryx, Inc.* (Biotechnology) | 583 | 15,677 | ||||||
Collegium Pharmaceutical, Inc.* (Pharmaceuticals) | 411 | 7,336 | ||||||
Corcept Therapeutics, Inc.* (Pharmaceuticals) | 1,131 | 21,229 | ||||||
Elanco Animal Health, Inc.* (Pharmaceuticals) | 5,458 | 142,126 | ||||||
Eli Lilly & Co. (Pharmaceuticals) | 660 | 161,957 | ||||||
Endo International PLC* (Pharmaceuticals) | 2,784 | 8,881 | ||||||
Harmony Biosciences Holdings, Inc.* (Pharmaceuticals) | 271 | 9,718 | ||||||
Innoviva, Inc.* (Pharmaceuticals) | 745 | 11,942 | ||||||
Intra-Cellular Therapies, Inc.* (Pharmaceuticals) | 995 | 47,253 | ||||||
Ironwood Pharmaceuticals, Inc.* (Biotechnology) | 1,949 | 21,731 | ||||||
Jazz Pharmaceuticals PLC* (Pharmaceuticals) | 732 | 101,682 | ||||||
Johnson & Johnson (Pharmaceuticals) | 4,905 | 845,081 | ||||||
Madrigal Pharmaceuticals, Inc.* (Biotechnology) | 147 | 8,464 | ||||||
Merck & Co., Inc. (Pharmaceuticals) | 2,202 | 179,419 | ||||||
NGM Biopharmaceuticals, Inc.* (Pharmaceuticals) | 444 | 7,020 | ||||||
Nuvation Bio, Inc.* (Pharmaceuticals) | 1,375 | 8,388 | ||||||
Omeros Corp.* (Pharmaceuticals) | 746 | 4,476 | ||||||
Organon & Co. (Pharmaceuticals) | 3,019 | 96,336 | ||||||
Pacira BioSciences, Inc.* (Pharmaceuticals) | 531 | 33,331 | ||||||
Perrigo Co. PLC (Pharmaceuticals) | 1,593 | 60,646 | ||||||
Pfizer, Inc. (Pharmaceuticals) | 15,160 | 798,780 | ||||||
Phathom Pharmaceuticals, Inc.* (Pharmaceuticals) | 187 | 3,142 | ||||||
Phibro Animal Health Corp.—Class A (Pharmaceuticals) | 242 | 4,671 | ||||||
Prestige Consumer Healthcare, Inc.* (Pharmaceuticals) | 597 | 33,701 | ||||||
Reata Pharmaceuticals, Inc.*—Class A (Pharmaceuticals) | 327 | 9,195 | ||||||
Revance Therapeutics, Inc.* (Pharmaceuticals) | 787 | 10,491 | ||||||
Royalty Pharma PLC – Class A (Pharmaceuticals) | 4,117 | 164,721 | ||||||
Theravance Biopharma, Inc.* (Pharmaceuticals) | 623 | 5,676 | ||||||
Vanda Pharmaceuticals, Inc.* (Biotechnology) | 664 | 10,066 | ||||||
Viatris, Inc. (Pharmaceuticals) | 12,972 | 194,191 | ||||||
Zoetis, Inc. (Pharmaceuticals) | 702 | 140,253 | ||||||
Zogenix, Inc.* (Pharmaceuticals) | 600 | 15,606 | ||||||
TOTAL COMMON STOCKS (Cost $2,962,150) | 3,634,025 |
Repurchase Agreements(b)(c) (20.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $971,000 | $ | 971,000 | $ | 971,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $971,000) | 971,000 |
Collateral for Securities Loaned(d) (0.3%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 16,219 | $ | 16,219 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $16,219) | 16,219 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $3,949,369)—97.3% | 4,621,244 | |||||||
Net other assets (liabilities)—2.7% | 130,560 | |||||||
NET ASSETS—100.0% | $ | 4,751,804 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $17,612. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $449,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Pharmaceuticals UltraSector ProFund :: 103
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Select Pharmaceuticals Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 1,653,121 | $ | 52,005 | ||||||||||
Dow Jones U.S. Select Pharmaceuticals Index | UBS AG | 2/23/22 | 0.43 | % | 1,841,451 | 51,521 | ||||||||||||
$ | 3,494,572 | $ | 103,526 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Pharmaceuticals UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Biotechnology | $ | 100,979 | 2.1 | % | ||||
Health Care Equipment & Supplies | 6,824 | 0.2 | % | |||||
Pharmaceuticals | 3,526,222 | 74.3 | % | |||||
Other** | 1,117,779 | 23.4 | % | |||||
Total | $ | 4,751,804 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
104 :: Precious Metals UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (72.3%)
Shares | Value | |||||||
Agnico Eagle Mines, Ltd. (Metals & Mining) | 18,231 | $ | 871,077 | |||||
Alamos Gold, Inc. (Metals & Mining) | 29,239 | 199,702 | ||||||
AngloGold Ashanti, Ltd.ADR (Metals & Mining) | 31,091 | 577,671 | ||||||
B2Gold Corp. (Metals & Mining) | 78,616 | 284,590 | ||||||
Barrick Gold Corp. (Metals & Mining) | 132,479 | 2,536,973 | ||||||
Cia de Minas Buenaventura S.A.A*ADR (Metals & Mining) | 17,815 | 144,302 | ||||||
Coeur Mining, Inc.* (Metals & Mining) | 19,141 | 89,771 | ||||||
Eldorado Gold Corp.* (Metals & Mining) | 13,606 | 119,053 | ||||||
Endeavour Silver Corp.* (Metals & Mining) | 12,698 | 46,221 | ||||||
Equinox Gold Corp.*(a) (Metals & Mining) | 20,604 | 118,473 | ||||||
First Majestic Silver Corp. (Metals & Mining) | 16,632 | 168,981 | ||||||
Fortuna Silver Mines, Inc.* (Metals & Mining) | 21,717 | 74,272 | ||||||
Franco-Nevada Corp. (Metals & Mining) | 14,243 | 1,884,206 | ||||||
Gatos Silver, Inc.* (Metals & Mining) | 3,451 | 10,733 | ||||||
Gold Fields, Ltd.ADR (Metals & Mining) | 66,129 | 700,967 | ||||||
Harmony Gold Mining Co., Ltd.ADR (Metals & Mining) | 40,416 | 145,093 | ||||||
Hecla Mining Co. (Metals & Mining) | 40,088 | 198,836 | ||||||
IAMGOLD Corp.* (Metals & Mining) | 35,524 | 85,968 | ||||||
Kinross Gold Corp. (Metals & Mining) | 93,394 | 504,328 | ||||||
Kirkland Lake Gold, Ltd. (Metals & Mining) | 19,644 | 739,989 | ||||||
MAG Silver Corp.* (Metals & Mining) | 6,300 | 85,806 | ||||||
New Gold, Inc.* (Metals & Mining) | 50,718 | 78,613 | ||||||
Newmont Corp. (Metals & Mining) | 59,404 | 3,633,744 | ||||||
Novagold Resources, Inc.* (Metals & Mining) | 18,035 | 119,031 | ||||||
Osisko Gold Royalties, Ltd. (Metals & Mining) | 11,651 | 128,744 | ||||||
Pan American Silver Corp. (Metals & Mining) | 15,672 | 339,612 | ||||||
Pretium Resources, Inc.* (Metals & Mining) | 13,997 | 189,939 | ||||||
Royal Gold, Inc. (Metals & Mining) | 4,890 | 496,580 | ||||||
Sandstorm Gold, Ltd. (Metals & Mining) | 14,364 | 86,328 | ||||||
Seabridge Gold, Inc.* (Metals & Mining) | 4,732 | 75,949 | ||||||
Sibanye Stillwater, Ltd.ADR (Metals & Mining) | 49,687 | 744,808 | ||||||
SilverCrest Metals, Inc.* (Metals & Mining) | 10,804 | 81,678 | ||||||
SSR Mining, Inc. (Metals & Mining) | 15,778 | 260,021 | ||||||
Wheaton Precious Metals Corp. (Metals & Mining) | 33,560 | 1,353,139 | ||||||
Yamana Gold, Inc. (Metals & Mining) | 71,745 | 295,589 | ||||||
TOTAL COMMON STOCKS (Cost $6,682,013) | 17,470,787 |
Repurchase Agreements(b)(c) (24.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $5,880,000 | $ | 5,880,000 | $ | 5,880,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $5,880,000) | 5,880,000 |
Collateral for Securities Loaned(d) (0.4%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 90,850 | $ | 90,850 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $90,850) | 90,850 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $12,652,863)—97.1% | 23,441,637 | |||||||
Net other assets (liabilities)—2.9% | 694,426 | |||||||
NET ASSETS—100.0% | $ | 24,136,063 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $90,850. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $3,100,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
ADR | American Depositary Receipt |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones Precious Metals Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 8,687,071 | $ | (214,028 | ) | |||||||||
Dow Jones Precious Metals Index | UBS AG | 2/23/22 | 0.83 | % | 10,273,814 | (202,494 | ) | |||||||||||
$ | 18,960,885 | $ | (416,522 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Precious Metals UltraSector ProFund :: 105
Precious Metals UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Metals & Mining | $ | 17,470,787 | 72.3 | % | ||||
Other** | 6,665,276 | 27.7 | % | |||||
Total | $ | 24,136,063 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
106 :: Real Estate UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (70.1%)
Shares | Value | |||||||
AGNC Investment Corp. (Mortgage Real Estate Investment Trusts) | 4,539 | $ | 67,586 | |||||
Alexandria Real Estate Equities, Inc. (Equity Real Estate Investment Trusts) | 1,220 | 237,705 | ||||||
American Campus Communities, Inc. (Equity Real Estate Investment Trusts) | 1,204 | 62,921 | ||||||
American Homes 4 Rent – Class A (Equity Real Estate Investment Trusts) | 2,453 | 95,986 | ||||||
American Tower Corp. (Equity Real Estate Investment Trusts) | 3,938 | 990,406 | ||||||
Americold Realty Trust (Equity Real Estate Investment Trusts) | 2,308 | 65,663 | ||||||
Annaly Capital Management, Inc. (Mortgage Real Estate Investment Trusts) | 12,542 | 99,081 | ||||||
Apartment Income REIT Corp. (Equity Real Estate Investment Trusts) | 1,357 | 71,677 | ||||||
AvalonBay Communities, Inc. (Equity Real Estate Investment Trusts) | 1,209 | 295,274 | ||||||
Blackstone Mortgage Trust, Inc.—Class A (Mortgage Real Estate Investment Trusts) | 1,445 | 45,402 | ||||||
Boston Properties, Inc. (Equity Real Estate Investment Trusts) | 1,229 | 137,746 | ||||||
Brixmor Property Group, Inc. (Equity Real Estate Investment Trusts) | 2,568 | 65,124 | ||||||
Camden Property Trust (Equity Real Estate Investment Trusts) | 884 | 141,520 | ||||||
CBRE Group, Inc.*—Class A (Real Estate Management & Development) | 2,894 | 293,279 | ||||||
Compass, Inc.*—Class A (Real Estate Management & Development) | 247 | 2,119 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 971 | 24,527 | ||||||
CoStar Group, Inc.* (Professional Services) | 3,416 | 239,667 | ||||||
Cousins Properties, Inc. (Equity Real Estate Investment Trusts) | 1,287 | 49,627 | ||||||
Crown Castle International Corp. (Equity Real Estate Investment Trusts) | 3,737 | 682,039 | ||||||
CubeSmart (Equity Real Estate Investment Trusts) | 1,874 | 95,087 | ||||||
CyrusOne, Inc. (Equity Real Estate Investment Trusts) | 1,097 | 98,565 | ||||||
Digital Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 2,456 | 366,508 | ||||||
Douglas Emmett, Inc. (Equity Real Estate Investment Trusts) | 1,517 | 47,361 | ||||||
Duke Realty Corp. (Equity Real Estate Investment Trusts) | 3,294 | 190,327 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 352 | 70,368 | ||||||
Equinix, Inc. (Equity Real Estate Investment Trusts) | 778 | 563,971 | ||||||
Equity Commonwealth* (Equity Real Estate Investment Trusts) | 1,047 | 27,251 | ||||||
Equity LifeStyle Properties, Inc. (Equity Real Estate Investment Trusts) | 1,479 | 115,791 | ||||||
Equity Residential (Equity Real Estate Investment Trusts) | 2,952 | 261,931 | ||||||
Essex Property Trust, Inc. (Equity Real Estate Investment Trusts) | 563 | 187,198 | ||||||
Extra Space Storage, Inc. (Equity Real Estate Investment Trusts) | 1,158 | 229,504 | ||||||
Federal Realty Investment Trust (Equity Real Estate Investment Trusts) | 606 | 77,259 | ||||||
First Industrial Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 1,127 | 68,499 | ||||||
Gaming & Leisure Properties, Inc. (Equity Real Estate Investment Trusts) | 1,960 | 88,553 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 1,276 | 39,582 | ||||||
Healthcare Trust of America, Inc.—Class A (Equity Real Estate Investment Trusts) | 1,909 | 62,138 | ||||||
Healthpeak Properties, Inc. (Equity Real Estate Investment Trusts) | 4,662 | 164,895 | ||||||
Highwoods Properties, Inc. (Equity Real Estate Investment Trusts) | 902 | 38,894 | ||||||
Host Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 6,174 | 107,057 | ||||||
Hudson Pacific Properties, Inc. (Equity Real Estate Investment Trusts) | 1,319 | 31,168 | ||||||
Invitation Homes, Inc. (Equity Real Estate Investment Trusts) | 5,161 | 216,659 | ||||||
Iron Mountain, Inc. (Equity Real Estate Investment Trusts) | 2,504 | 114,984 | ||||||
JBG Smith Properties (Equity Real Estate Investment Trusts) | 988 | 27,071 | ||||||
Jones Lang LaSalle, Inc.* (Real Estate Management & Development) | 436 | 109,344 | ||||||
Kilroy Realty Corp. (Equity Real Estate Investment Trusts) | 906 | 57,984 | ||||||
Kimco Realty Corp. (Equity Real Estate Investment Trusts) | 5,331 | 129,330 | ||||||
Lamar Advertising Co.—Class A (Equity Real Estate Investment Trusts) | 751 | 83,181 | ||||||
Life Storage, Inc. (Equity Real Estate Investment Trusts) | 710 | 95,815 | ||||||
LXP Industrial Trust (Equity Real Estate Investment Trusts) | 2,446 | 36,421 | ||||||
Medical Properties Trust, Inc. (Equity Real Estate Investment Trusts) | 5,156 | 117,351 | ||||||
Mid-America Apartment Communities, Inc. (Equity Real Estate Investment Trusts) | 995 | 205,647 | ||||||
National Health Investors, Inc. (Equity Real Estate Investment Trusts) | 395 | 22,843 | ||||||
National Retail Properties, Inc. (Equity Real Estate Investment Trusts) | 1,519 | 67,413 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 710 | 43,708 | ||||||
New Residential Investment Corp. (Mortgage Real Estate Investment Trusts) | 4,037 | 42,994 | ||||||
Omega Healthcare Investors, Inc. (Equity Real Estate Investment Trusts) | 2,066 | 65,038 | ||||||
Opendoor Technologies, Inc.* (Real Estate Management & Development) | 3,338 | 33,146 | ||||||
Orion Office REIT, Inc.* (Equity Real Estate Investment Trusts) | 469 | 7,804 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 1,904 | 34,767 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 581 | 31,252 | ||||||
Prologis, Inc. (Equity Real Estate Investment Trusts) | 6,393 | 1,002,549 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Real Estate UltraSector ProFund :: 107
Common Stocks, continued
Shares | Value | |||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 174 | $ | 29,051 | |||||
Public Storage (Equity Real Estate Investment Trusts) | 1,321 | 473,617 | ||||||
Rayonier, Inc. (Equity Real Estate Investment Trusts) | 1,238 | 45,237 | ||||||
Realty Income Corp. (Equity Real Estate Investment Trusts) | 4,893 | 339,623 | ||||||
Redfin Corp.* (Real Estate Management & Development) | 912 | 26,968 | ||||||
Regency Centers Corp. (Equity Real Estate Investment Trusts) | 1,333 | 95,643 | ||||||
Rexford Industrial Realty, Inc. (Equity Real Estate Investment Trusts) | 1,310 | 95,853 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 1,979 | 26,934 | ||||||
SBA Communications Corp. (Equity Real Estate Investment Trusts) | 940 | 305,914 | ||||||
Simon Property Group, Inc. (Equity Real Estate Investment Trusts) | 2,843 | 418,489 | ||||||
SL Green Realty Corp. (Equity Real Estate Investment Trusts) | 590 | 42,787 | ||||||
Spirit Realty Capital, Inc. (Equity Real Estate Investment Trusts) | 1,067 | 50,640 | ||||||
STAG Industrial, Inc. (Equity Real Estate Investment Trusts) | 1,515 | 64,736 | ||||||
Starwood Property Trust, Inc. (Mortgage Real Estate Investment Trusts) | 2,633 | 65,167 | ||||||
STORE Capital Corp. (Equity Real Estate Investment Trusts) | 2,122 | 67,289 | ||||||
Sun Communities, Inc. (Equity Real Estate Investment Trusts) | 1,003 | 189,527 | ||||||
The Howard Hughes Corp.* (Real Estate Management & Development) | 358 | 34,479 | ||||||
UDR, Inc. (Equity Real Estate Investment Trusts) | 2,514 | 142,896 | ||||||
Ventas, Inc. (Equity Real Estate Investment Trusts) | 3,453 | 183,078 | ||||||
VICI Properties, Inc. (Equity Real Estate Investment Trusts) | 5,439 | 155,664 | ||||||
Vornado Realty Trust (Equity Real Estate Investment Trusts) | 1,375 | 56,389 | ||||||
Welltower, Inc. (Equity Real Estate Investment Trusts) | 3,765 | 326,162 | ||||||
Weyerhaeuser Co. (Equity Real Estate Investment Trusts) | 6,478 | 261,906 | ||||||
WP Carey, Inc. (Equity Real Estate Investment Trusts) | 1,611 | 125,014 | ||||||
Zillow Group, Inc.*—Class A (Interactive Media & Services) | 318 | 15,855 | ||||||
Zillow Group, Inc.*—Class C (Interactive Media & Services) | 1,474 | 74,408 | ||||||
TOTAL COMMON STOCKS (Cost $8,976,906) | 12,857,883 |
Repurchase Agreements(a)(b) (26.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $4,775,000 | $ | 4,775,000 | $ | 4,775,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $4,775,000) | 4,775,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $13,751,906)—96.2% | 17,632,883 | |||||||
Net other assets (liabilities)—3.8% | 695,647 | |||||||
NET ASSETS—100.0% | $ | 18,328,530 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $2,918,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Real Estate Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 8,893,192 | $ | 69,163 | ||||||||||
Dow Jones U.S. Real Estate Index | UBS AG | 2/23/22 | 0.43 | % | 5,778,660 | 49,351 | ||||||||||||
$ | 14,671,852 | $ | 118,514 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
108 :: Real Estate UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Real Estate UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Equity Real Estate Investment Trusts | $ | 11,708,389 | 63.9 | % | ||||
Interactive Media & Services | 90,263 | 0.5 | % | |||||
Mortgage Real Estate Investment Trusts | 320,230 | 1.7 | % | |||||
Professional Services | 239,666 | 1.3 | % | |||||
Real Estate Management & Development | 499,335 | 2.7 | % | |||||
Other** | 5,470,647 | 29.9 | % | |||||
Total | $ | 18,328,530 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Rising Rates Opportunity ProFund :: 109
Repurchase Agreements(a)(b) (106.6%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $12,253,000 | $ | 12,253,000 | $ | 12,253,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $12,253,000) | 12,253,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $12,253,000)—106.6% | 12,253,000 | |||||||
Net other assets (liabilities)—(6.6)% | (760,866 | ) | ||||||
NET ASSETS—100.0% | $ | 11,492,134 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $520,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
30-Year U.S. Treasury Bond, 1.875%, due 11/15/51 | Citibank North America | 2/15/22 | 0.15 | % | $ | (11,653,416 | ) | $ | (494,519 | ) | ||||||||
30-Year U.S. Treasury Bond, 1.875%, due 11/15/51 | Societe' Generale | 2/15/22 | 0.20 | % | (2,749,789 | ) | (54,032 | ) | ||||||||||
$ | (14,403,205 | ) | $ | (548,551 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
110 :: Rising Rates Opportunity 10 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (100.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,922,000 | $ | 2,922,000 | $ | 2,922,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,922,000) | 2,922,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $2,922,000)—100.1% | 2,922,000 | |||||||
Net other assets (liabilities)—(0.1)% | (2,378 | ) | ||||||
NET ASSETS—100.0% | $ | 2,919,622 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $624,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
10-Year U.S. Treasury Note, 1.375%, due 11/15/31 | Citibank North America | 2/15/22 | 0.20 | % | $ | (1,204,395 | ) | $ | (10,453 | ) | ||||||||
10-Year U.S. Treasury Note, 1.375%, due 11/15/31 | Societe' Generale | 2/15/22 | 0.27 | % | (1,724,693 | ) | (15,576 | ) | ||||||||||
$ | (2,929,088 | ) | $ | (26,029 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Rising U.S. Dollar ProFund :: 111
Repurchase Agreements(a) (95.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $22,679,000 | $ | 22,679,000 | $ | 22,679,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $22,679,000) | 22,679,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $22,679,000)—95.4% | 22,679,000 | |||||||
Net other assets (liabilities)—4.6% | 1,089,065 | |||||||
NET ASSETS—100.0% | $ | 23,768,065 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of forward currency contract counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $802,000. |
As of January 31, 2022, the Rising U.S. Dollar ProFund's forward currency contracts with Goldman Sachs International, were as follows:
Description and amount of currency purchased | Description and amount of currency sold | Delivery Date | Fair Value | Unrealized Appreciation/ (Depreciation) | |||||||||||||||
Short: | |||||||||||||||||||
U.S. dollar | $ | 674,945 | British pound | 493,111 | 2/4/22 | $ | 663,070 | $ | 11,875 | ||||||||||
U.S. dollar | 358,198 | Canadian dollar | 448,231 | 2/4/22 | 352,660 | 5,538 | |||||||||||||
U.S. dollar | 3,047,185 | Euro | 2,666,745 | 2/4/22 | 2,995,784 | 51,401 | |||||||||||||
U.S. dollar | 335,866 | Japanese yen | 38,595,584 | 2/4/22 | 335,449 | 417 | |||||||||||||
U.S. dollar | 164,460 | Swedish krona | 1,473,605 | 2/4/22 | 158,099 | 6,361 | |||||||||||||
U.S. dollar | 276,667 | Swiss franc | 253,049 | 2/4/22 | 273,151 | 3,516 | |||||||||||||
Total Short Contracts | $ | 4,857,321 | $ | 4,778,213 | $ | 79,108 |
As of January 31, 2022, the Rising U.S. Dollar ProFund's forward currency contracts with UBS AG, were as follows:
Description and amount of currency purchased | Description and amount of currency sold | Delivery Date | Fair Value | Unrealized Appreciation/ (Depreciation) | |||||||||||||||
Short: | |||||||||||||||||||
U.S. dollar | $ | 2,214,998 | British pound | 1,619,973 | 2/4/22 | $ | 2,178,324 | $ | 36,674 | ||||||||||
U.S. dollar | 1,841,105 | Canadian dollar | 2,305,771 | 2/4/22 | 1,814,140 | 26,965 | |||||||||||||
U.S. dollar | 10,964,393 | Euro | 9,612,421 | 2/4/22 | 10,798,459 | 165,934 | |||||||||||||
U.S. dollar | 2,905,298 | Japanese yen | 334,007,705 | 2/4/22 | 2,902,986 | 2,312 | |||||||||||||
U.S. dollar | 877,801 | Swedish krona | 7,894,509 | 2/4/22 | 846,977 | 30,824 | |||||||||||||
U.S. dollar | 592,221 | Swiss franc | 543,113 | 2/4/22 | 586,257 | 5,964 | |||||||||||||
Total Short Contracts | $ | 19,395,816 | $ | 19,127,143 | $ | 268,673 | |||||||||||||
Total net unrealized appreciation | $ | 347,781 |
See accompanying notes to the financial statements.
112 :: Semiconductor UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (77.4%)
Shares | Value | |||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 39,839 | $ | 4,551,606 | |||||
Allegro MicroSystems, Inc.* (Semiconductors & Semiconductor Equipment) | 1,812 | 51,425 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 3,307 | 72,820 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 17,730 | 2,907,188 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 29,789 | 4,116,244 | ||||||
Azenta, Inc. (Semiconductors & Semiconductor Equipment) | 2,452 | 206,802 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 13,580 | 7,956,249 | ||||||
Cirrus Logic, Inc.* (Semiconductors & Semiconductor Equipment) | 1,885 | 168,594 | ||||||
Enphase Energy, Inc.* (Semiconductors & Semiconductor Equipment) | 4,451 | 625,232 | ||||||
Entegris, Inc. (Semiconductors & Semiconductor Equipment) | 4,470 | 535,685 | ||||||
GLOBALFOUNDRIES, Inc.* (Semiconductors & Semiconductor Equipment) | 1,763 | 86,986 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 134,180 | 6,550,667 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 5,003 | 1,947,518 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 4,641 | 2,737,819 | ||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 4,517 | 249,429 | ||||||
Marvell Technology, Inc. (Semiconductors & Semiconductor Equipment) | 27,174 | 1,940,224 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 18,305 | 1,418,271 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 36,907 | 3,036,339 | ||||||
MKS Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 1,829 | 284,099 | ||||||
Monolithic Power Systems, Inc. (Semiconductors & Semiconductor Equipment) | 1,430 | 576,190 | ||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 82,477 | 20,195,317 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 8,774 | 1,802,531 | ||||||
ON Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 14,213 | 838,567 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 1,990 | 160,613 | ||||||
Qorvo, Inc.* (Semiconductors & Semiconductor Equipment) | 3,636 | 499,150 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 36,952 | 6,494,684 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 2,125 | 151,088 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 1,327 | 219,207 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 5,448 | 798,241 | ||||||
SolarEdge Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 1,732 | 412,597 | ||||||
Teradyne, Inc. (Semiconductors & Semiconductor Equipment) | 5,378 | 631,539 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 30,470 | 5,469,060 | ||||||
Universal Display Corp. (Semiconductors & Semiconductor Equipment) | 1,432 | 219,826 | ||||||
Wolfspeed, Inc.* (Semiconductors & Semiconductor Equipment) | 3,824 | 360,374 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 8,178 | 1,582,852 | ||||||
TOTAL COMMON STOCKS (Cost $32,153,216) | 79,855,033 |
Repurchase Agreements(a)(b) (25.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $26,251,000 | $ | 26,251,000 | $ | 26,251,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $26,251,000) | 26,251,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $58,404,216)—102.8% | 106,106,033 | |||||||
Net other assets (liabilities)—(2.8)% | (2,855,990 | ) | ||||||
NET ASSETS—100.0% | $ | 103,250,043 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $15,771,000. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Semiconductor UltraSector ProFund :: 113
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Semiconductors Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 38,500,057 | $ | 449,481 | ||||||||||
Dow Jones U.S. Semiconductors Index | UBS AG | 2/23/22 | 0.43 | % | 36,562,025 | 425,538 | ||||||||||||
$ | 75,062,082 | $ | 875,019 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Semiconductor UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Semiconductors & Semiconductor Equipment | $ | 79,855,033 | 77.4 | % | ||||
Other** | 23,395,010 | 22.6 | % | |||||
Total | $ | 103,250,043 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
114 :: Short Nasdaq-100 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (101.9%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $89,871,000 | $ | 89,871,000 | $ | 89,871,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $89,871,000) | 89,871,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $89,871,000)—101.9% | 89,871,000 | |||||||
Net other assets (liabilities)—(1.9)% | (1,672,330 | ) | ||||||
NET ASSETS—100.0% | $ | 88,198,670 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $11,324,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Nasdaq-100 Index | Goldman Sachs International | 2/28/22 | (0.43 | )% | $ | (76,494,858 | ) | $ | (2,603,436 | ) | ||||||||
Nasdaq-100 Index | UBS AG | 2/28/22 | (0.23 | )% | (11,690,229 | ) | (960,555 | ) | ||||||||||
$ | (88,185,087 | ) | $ | (3,563,991 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Short Oil & Gas ProFund :: 115
Repurchase Agreements(a)(b) (104.6%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $401,000 | $ | 401,000 | $ | 401,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $401,000) | 401,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $401,000)—104.6% | 401,000 | |||||||
Net other assets (liabilities)—(4.6)% | (17,498 | ) | ||||||
NET ASSETS—100.0% | $ | 383,502 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $341,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Oil & Gas Index | Goldman Sachs International | 2/23/22 | (0.18 | )% | $ | (222,090 | ) | $ | (11,012 | ) | ||||||||
Dow Jones U.S. Oil & Gas Index | UBS AG | 2/23/22 | 0.07 | % | (159,730 | ) | (8,648 | ) | ||||||||||
$ | (381,820 | ) | $ | (19,660 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
116 :: Short Precious Metals ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (76.9%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $3,033,000 | $ | 3,033,000 | $ | 3,033,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $3,033,000) | 3,033,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $3,033,000)—76.9% | 3,033,000 | |||||||
Net other assets (liabilities)—23.1% | 912,767 | |||||||
NET ASSETS—100.0% | $ | 3,945,767 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $764,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones Precious Metals Index | Goldman Sachs International | 2/23/22 | (0.18 | )% | $ | (1,788,814 | ) | $ | 43,894 | |||||||||
Dow Jones Precious Metals Index | UBS AG | 2/23/22 | 0.17 | % | (2,078,127 | ) | 33,414 | |||||||||||
$ | (3,866,941 | ) | $ | 77,308 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Short Real Estate ProFund :: 117
Repurchase Agreements(a)(b) (100.7%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $752,000 | $ | 752,000 | $ | 752,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $752,000) | 752,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $752,000)—100.7% | 752,000 | |||||||
Net other assets (liabilities)—(0.7)% | (5,471 | ) | ||||||
NET ASSETS—100.0% | $ | 746,529 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $195,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Dow Jones U.S. Real Estate Index | Goldman Sachs International | 2/23/22 | (0.18 | )% | $ | (311,370 | ) | $ | (9,000 | ) | ||||||||
Dow Jones U.S. Real Estate Index | UBS AG | 2/23/22 | 0.17 | % | (433,337 | ) | 778 | |||||||||||
$ | (744,707 | ) | $ | (8,222 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
118 :: Short Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (124.6%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,482,000 | $ | 1,482,000 | $ | 1,482,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,482,000) | 1,482,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $1,482,000)—124.6% | 1,482,000 | |||||||
Net other assets (liabilities)—(24.6)% | (292,967 | ) | ||||||
NET ASSETS—100.0% | $ | 1,189,033 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $492,000. |
Futures Contracts Sold
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
E-Mini Russell 2000 Index Futures Contracts | 1 | 3/21/22 | $ | (101,220 | ) | $ | 9,225 |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Russell 2000 Index | Goldman Sachs International | 2/28/22 | (0.08 | )% | $ | (537,539 | ) | $ | (40,037 | ) | ||||||||
Russell 2000 Index | UBS AG | 2/28/22 | 0.42 | % | (551,738 | ) | (26,485 | ) | ||||||||||
$ | (1,089,277 | ) | $ | (66,522 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Growth ProFund :: 119
Common Stocks (99.3%)
Shares | Value | |||||||
3D Systems Corp.* (Technology Hardware, Storage & Peripherals) | 1,467 | $ | 26,260 | |||||
8x8, Inc.* (Software) | 1,309 | 20,093 | ||||||
AAON, Inc. (Building Products) | 319 | 20,496 | ||||||
Abercrombie & Fitch Co.* (Specialty Retail) | 319 | 12,441 | ||||||
Acadia Realty Trust (Equity Real Estate Investment Trusts) | 446 | 8,826 | ||||||
Addus HomeCare Corp.* (Health Care Providers & Services) | 79 | 6,307 | ||||||
ADTRAN, Inc. (Communications Equipment) | 559 | 10,738 | ||||||
Advanced Energy Industries, Inc. (Semiconductors & Semiconductor Equipment) | 433 | 37,316 | ||||||
AdvanSix, Inc. (Chemicals) | 173 | 7,282 | ||||||
Aerojet Rocketdyne Holdings, Inc. (Aerospace & Defense) | 446 | 17,212 | ||||||
AeroVironment, Inc.* (Aerospace & Defense) | 144 | 8,196 | ||||||
Agilysys, Inc.* (Software) | 141 | 5,366 | ||||||
Agree Realty Corp. (Equity Real Estate Investment Trusts) | 359 | 23,471 | ||||||
Alamo Group, Inc. (Machinery) | 47 | 6,620 | ||||||
Alarm.com Holdings, Inc.* (Software) | 529 | 39,448 | ||||||
Albany International Corp.—Class A (Machinery) | 186 | 15,570 | ||||||
Allegheny Technologies, Inc.* (Metals & Mining) | 659 | 12,054 | ||||||
Allscripts Healthcare Solutions, Inc.* (Health Care Technology) | 550 | 11,121 | ||||||
American Assets Trust, Inc. (Equity Real Estate Investment Trusts) | 260 | 9,352 | ||||||
American States Water Co. (Water Utilities) | 280 | 25,824 | ||||||
Ameris Bancorp (Banks) | 433 | 21,351 | ||||||
AMN Healthcare Services, Inc.* (Health Care Providers & Services) | 542 | 54,925 | ||||||
Amphastar Pharmaceuticals, Inc.* (Pharmaceuticals) | 288 | 6,650 | ||||||
AngioDynamics, Inc.* (Health Care Equipment & Supplies) | 442 | 9,560 | ||||||
ANI Pharmaceuticals, Inc.* (Pharmaceuticals) | 73 | 2,951 | ||||||
Anika Therapeutics, Inc.* (Health Care Equipment & Supplies) | 88 | 2,798 | ||||||
Apollo Medical Holdings, Inc.* (Health Care Providers & Services) | 434 | 22,342 | ||||||
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 190 | 18,616 | ||||||
ArcBest Corp. (Road & Rail) | 293 | 25,913 | ||||||
Arlo Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 544 | 4,727 | ||||||
Armada Hoffler Properties, Inc. (Equity Real Estate Investment Trusts) | 432 | 6,061 | ||||||
Asbury Automotive Group, Inc.* (Specialty Retail) | 119 | 19,155 | ||||||
Assured Guaranty, Ltd. (Insurance) | 336 | 17,905 | ||||||
Avid Bioservices, Inc.* (Biotechnology) | 704 | 13,284 | ||||||
Axcelis Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 382 | 23,917 | ||||||
Axos Financial, Inc.*—Class I (Thrifts & Mortgage Finance) | 614 | 31,621 | ||||||
B Riley Financial, Inc. (Capital Markets) | 184 | 11,329 | ||||||
Badger Meter, Inc. (Electronic Equipment, Instruments & Components) | 219 | 22,156 | ||||||
Balchem Corp. (Chemicals) | 372 | 54,661 | ||||||
Banc of California, Inc. (Banks) | 280 | 5,410 | ||||||
BancFirst Corp. (Banks) | 114 | 8,544 | ||||||
Banner Corp. (Banks) | 168 | 10,434 | ||||||
Barnes & Noble Education, Inc.* (Specialty Retail) | 419 | 2,522 | ||||||
BioLife Solutions, Inc.* (Health Care Equipment & Supplies) | 336 | 10,026 | ||||||
Blucora, Inc.* (Capital Markets) | 246 | 3,990 | ||||||
Boise Cascade Co. (Trading Companies & Distributors) | 217 | 15,238 | ||||||
Boot Barn Holdings, Inc.* (Specialty Retail) | 340 | 31,270 | ||||||
Bottomline Technologies, Inc.* (Software) | 238 | 13,421 | ||||||
Brady Corp.—Class A (Commercial Services & Supplies) | 256 | 13,292 | ||||||
Brightsphere Investment Group, Inc. (Capital Markets) | 413 | 8,913 | ||||||
Brookline Bancorp, Inc. (Banks) | 393 | 6,720 | ||||||
California Water Service Group (Water Utilities) | 356 | 22,104 | ||||||
Callon Petroleum Co.* (Oil, Gas & Consumable Fuels) | 545 | 26,945 | ||||||
Cara Therapeutics, Inc.* (Biotechnology) | 488 | 5,651 | ||||||
Cardiovascular Systems, Inc.* (Health Care Equipment & Supplies) | 196 | 3,444 | ||||||
CareTrust REIT, Inc. (Equity Real Estate Investment Trusts) | 525 | 11,135 | ||||||
Cars.com, Inc.* (Interactive Media & Services) | 366 | 5,702 | ||||||
Cavco Industries, Inc.* (Household Durables) | 97 | 26,136 | ||||||
Celsius Holdings, Inc.* (Beverages) | 437 | 20,858 | ||||||
Centerspace (Equity Real Estate Investment Trusts) | 104 | 9,920 | ||||||
Central Pacific Financial Corp. (Banks) | 199 | 5,791 | ||||||
Century Aluminum Co.* (Metals & Mining) | 262 | 4,019 | ||||||
Century Communities, Inc. (Household Durables) | 341 | 22,455 | ||||||
CEVA, Inc.* (Semiconductors & Semiconductor Equipment) | 264 | 9,945 | ||||||
Chart Industries, Inc.* (Machinery) | 410 | 49,966 | ||||||
Chesapeake Utilities Corp. (Gas Utilities) | 104 | 14,166 | ||||||
Cinemark Holdings, Inc.* (Entertainment) | 635 | 9,589 | ||||||
City Holding Co. (Banks) | 84 | 6,738 | ||||||
Civitas Resources, Inc. (Oil, Gas & Consumable Fuels) | 827 | 45,072 | ||||||
Coca-Cola Consolidated, Inc. (Beverages) | 52 | 29,796 | ||||||
Cogent Communications Holdings, Inc. (Diversified Telecommunication Services) | 325 | 20,673 | ||||||
Coherus Biosciences, Inc.* (Biotechnology) | 733 | 9,060 | ||||||
Cohu, Inc.* (Semiconductors & Semiconductor Equipment) | 324 | 10,686 | ||||||
Collegium Pharmaceutical, Inc.* (Pharmaceuticals) | 398 | 7,104 | ||||||
Comfort Systems USA, Inc. (Construction & Engineering) | 414 | 37,169 | ||||||
Community Bank System, Inc. (Banks) | 285 | 20,355 |
See accompanying notes to the financial statements.
120 :: Small-Cap Growth ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Community Health Systems, Inc.* (Health Care Providers & Services) | 1,428 | $ | 18,121 | |||||
Community Healthcare Trust, Inc. (Equity Real Estate Investment Trusts) | 158 | 7,164 | ||||||
CONMED Corp. (Health Care Equipment & Supplies) | 215 | 29,581 | ||||||
Corcept Therapeutics, Inc.* (Pharmaceuticals) | 667 | 12,520 | ||||||
Core Laboratories N.V. (Energy Equipment & Services) | 224 | 5,974 | ||||||
CorVel Corp.* (Health Care Providers & Services) | 107 | 18,845 | ||||||
Cross Country Healthcare, Inc.* (Health Care Providers & Services) | 406 | 8,733 | ||||||
CSG Systems International, Inc. (IT Services) | 222 | 12,603 | ||||||
CTS Corp. (Electronic Equipment, Instruments & Components) | 189 | 6,341 | ||||||
Customers Bancorp, Inc.* (Banks) | 343 | 19,997 | ||||||
Cutera, Inc.* (Health Care Equipment & Supplies) | 118 | 4,296 | ||||||
Cytokinetics, Inc.* (Biotechnology) | 963 | 31,961 | ||||||
Dave & Buster's Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 200 | 7,158 | ||||||
Diebold Nixdorf, Inc.* (Technology Hardware, Storage & Peripherals) | 839 | 7,836 | ||||||
Digi International, Inc.* (Communications Equipment) | 184 | 4,111 | ||||||
Dime Community Bancshares, Inc. (Banks) | 183 | 6,398 | ||||||
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | 106 | 7,192 | ||||||
Diodes, Inc.* (Semiconductors & Semiconductor Equipment) | 517 | 47,972 | ||||||
Donnelley Financial Solutions, Inc.* (Capital Markets) | 335 | 12,469 | ||||||
Dorian LPG, Ltd. (Oil, Gas & Consumable Fuels) | 320 | 3,805 | ||||||
Dorman Products, Inc.* (Auto Components) | 220 | 20,599 | ||||||
Douglas Elliman, Inc.* (Real Estate Management & Development) | 752 | 5,836 | ||||||
Eagle Bancorp, Inc. (Banks) | 217 | 13,013 | ||||||
Eagle Pharmaceuticals, Inc.* (Biotechnology) | 63 | 2,894 | ||||||
elf Beauty, Inc.* (Personal Products) | 550 | 16,258 | ||||||
Ellington Financial, Inc. (Mortgage Real Estate Investment Trusts) | 277 | 4,922 | ||||||
Enanta Pharmaceuticals, Inc.* (Biotechnology) | 124 | 7,368 | ||||||
Encore Capital Group, Inc.* (Consumer Finance) | 138 | 8,901 | ||||||
Encore Wire Corp. (Electrical Equipment) | 231 | 26,031 | ||||||
Endo International PLC* (Pharmaceuticals) | 2,688 | 8,575 | ||||||
Enerpac Tool Group Corp. (Machinery) | 332 | 5,926 | ||||||
Enova International, Inc.* (Consumer Finance) | 418 | 16,837 | ||||||
Essential Properties Realty Trust, Inc. (Real Estate Management & Development) | 727 | 19,301 | ||||||
EVERTEC, Inc. (IT Services) | 459 | 20,031 | ||||||
ExlService Holdings, Inc.* (IT Services) | 382 | 46,038 | ||||||
Exponent, Inc. (Professional Services) | 600 | 56,988 | ||||||
Extreme Networks, Inc.* (Communications Equipment) | 1,493 | 18,946 | ||||||
Fabrinet* (Electronic Equipment, Instruments & Components) | 424 | 47,980 | ||||||
FARO Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 100 | 5,431 | ||||||
FB Financial Corp. (Banks) | 197 | 8,770 | ||||||
Federal Signal Corp. (Machinery) | 427 | 16,662 | ||||||
Ferro Corp.* (Chemicals) | 445 | 9,701 | ||||||
First Bancorp (Banks) | 2,362 | 34,367 | ||||||
First Bancorp (Banks) | 198 | 8,694 | ||||||
First Commonwealth Financial Corp. (Banks) | 602 | 9,969 | ||||||
Flagstar Bancorp, Inc. (Thrifts & Mortgage Finance) | 607 | 27,467 | ||||||
FormFactor, Inc.* (Semiconductors & Semiconductor Equipment) | 565 | 24,148 | ||||||
Forrester Research, Inc.* (Professional Services) | 129 | 7,098 | ||||||
Forward Air Corp. (Air Freight & Logistics) | 310 | 32,953 | ||||||
Four Corners Property Trust, Inc. (Equity Real Estate Investment Trusts) | 436 | 11,803 | ||||||
Franklin Electric Co., Inc. (Machinery) | 300 | 26,040 | ||||||
Fulgent Genetics, Inc.* (Health Care Providers & Services) | 223 | 14,243 | ||||||
Gannett Co., Inc.* (Media) | 624 | 3,033 | ||||||
Genesco, Inc.* (Specialty Retail) | 79 | 5,082 | ||||||
Gentherm, Inc.* (Auto Components) | 381 | 33,296 | ||||||
Getty Realty Corp. (Equity Real Estate Investment Trusts) | 209 | 6,201 | ||||||
Gibraltar Industries, Inc.* (Building Products) | 176 | 9,645 | ||||||
Glaukos Corp.* (Health Care Equipment & Supplies) | 280 | 14,907 | ||||||
GMS, Inc.* (Trading Companies & Distributors) | 277 | 14,177 | ||||||
Greenhill & Co., Inc. (Capital Markets) | 159 | 2,652 | ||||||
H.B. Fuller Co. (Chemicals) | 277 | 19,880 | ||||||
Hanmi Financial Corp. (Banks) | 196 | 5,268 | ||||||
Harmonic, Inc.* (Communications Equipment) | 1,180 | 12,697 | ||||||
Harmony Biosciences Holdings, Inc.* (Pharmaceuticals) | 146 | 5,236 | ||||||
Hawkins, Inc. (Chemicals) | 116 | 4,329 | ||||||
Haynes International, Inc. (Metals & Mining) | 84 | 3,160 | ||||||
HCI Group, Inc. (Insurance) | 92 | 6,244 | ||||||
HealthStream, Inc.* (Health Care Technology) | 156 | 3,799 | ||||||
Heidrick & Struggles International, Inc. (Professional Services) | 226 | 9,892 | ||||||
Heska Corp.* (Health Care Equipment & Supplies) | 123 | 16,922 | ||||||
Hibbett, Inc. (Specialty Retail) | 172 | 10,604 | ||||||
Hillenbrand, Inc. (Machinery) | 453 | 21,055 | ||||||
Hilltop Holdings, Inc. (Banks) | 356 | 11,759 | ||||||
HomeStreet, Inc. (Thrifts & Mortgage Finance) | 233 | 11,359 | ||||||
Ichor Holdings, Ltd.* (Semiconductors & Semiconductor Equipment) | 186 | 7,890 | ||||||
Independence Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 1,201 | 27,611 | ||||||
Independent Bank Corp. (Banks) | 229 | 19,316 | ||||||
Industrial Logistics Properties Trust (Equity Real Estate Investment Trusts) | 308 | 7,062 | ||||||
Innovative Industrial Properties, Inc. (Equity Real Estate Investment Trusts) | 274 | 54,304 | ||||||
Innoviva, Inc.* (Pharmaceuticals) | 719 | 11,526 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Growth ProFund :: 121
Common Stocks, continued
Shares | Value | |||||||
Installed Building Products, Inc. (Household Durables) | 270 | $ | 29,913 | |||||
Insteel Industries, Inc. (Building Products) | 223 | 8,436 | ||||||
Inter Parfums, Inc. (Personal Products) | 204 | 20,190 | ||||||
InterDigital, Inc. (Communications Equipment) | 183 | 12,632 | ||||||
Interface, Inc. (Commercial Services & Supplies) | 305 | 4,044 | ||||||
Investors Bancorp, Inc. (Banks) | 2,589 | 42,252 | ||||||
iRobot Corp.* (Household Durables) | 170 | 11,138 | ||||||
iStar, Inc. (Equity Real Estate Investment Trusts) | 446 | 9,576 | ||||||
iTeos Therapeutics, Inc.* (Biotechnology) | 230 | 8,423 | ||||||
J & J Snack Foods Corp. (Food Products) | 75 | 11,377 | ||||||
John Bean Technologies Corp. (Machinery) | 232 | 31,320 | ||||||
KKR Real Estate Finance Trust, Inc. (Mortgage Real Estate Investment Trusts) | 200 | 4,268 | ||||||
Knowles Corp.* (Electronic Equipment, Instruments & Components) | 424 | 8,993 | ||||||
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 278 | 13,703 | ||||||
Korn Ferry (Professional Services) | 624 | 41,421 | ||||||
Kulicke & Soffa Industries, Inc. (Semiconductors & Semiconductor Equipment) | 711 | 38,885 | ||||||
Lakeland Financial Corp. (Banks) | 291 | 23,260 | ||||||
Lantheus Holdings, Inc.* (Health Care Equipment & Supplies) | 459 | 11,663 | ||||||
Laredo Petroleum, Inc.* (Oil, Gas & Consumable Fuels) | 110 | 7,388 | ||||||
LCI Industries (Auto Components) | 194 | 23,895 | ||||||
Lemaitre Vascular, Inc. (Health Care Equipment & Supplies) | 222 | 9,393 | ||||||
LGI Homes, Inc.* (Household Durables) | 245 | 30,505 | ||||||
Ligand Pharmaceuticals, Inc.* (Biotechnology) | 192 | 23,929 | ||||||
Lindsay Corp. (Machinery) | 74 | 9,343 | ||||||
Liquidity Services, Inc.* (Internet & Direct Marketing Retail) | 305 | 5,804 | ||||||
Livent Corp.* (Chemicals) | 1,856 | 42,707 | ||||||
LivePerson, Inc.* (Software) | 469 | 14,009 | ||||||
LXP Industrial Trust (Equity Real Estate Investment Trusts) | 1,626 | 24,211 | ||||||
Marcus & Millichap, Inc.* (Real Estate Management & Development) | 160 | 7,490 | ||||||
MarineMax, Inc.* (Specialty Retail) | 250 | 11,765 | ||||||
Matador Resources Co. (Oil, Gas & Consumable Fuels) | 1,267 | 56,723 | ||||||
Materion Corp. (Metals & Mining) | 137 | 11,350 | ||||||
Matson, Inc. (Marine) | 482 | 47,072 | ||||||
MaxLinear, Inc.*—Class A (Semiconductors & Semiconductor Equipment) | 810 | 48,616 | ||||||
Medifast, Inc. (Personal Products) | 134 | 26,627 | ||||||
Meridian Bioscience, Inc.* (Health Care Equipment & Supplies) | 320 | 6,672 | ||||||
Merit Medical Systems, Inc.* (Health Care Equipment & Supplies) | 332 | 18,410 | ||||||
Meritage Homes Corp.* (Household Durables) | 202 | 20,610 | ||||||
Mesa Laboratories, Inc. (Health Care Equipment & Supplies) | 34 | 9,667 | ||||||
Meta Financial Group, Inc. (Thrifts & Mortgage Finance) | 363 | 21,584 | ||||||
Methode Electronics, Inc. (Electronic Equipment, Instruments & Components) | 193 | 8,498 | ||||||
MGP Ingredients, Inc. (Beverages) | 145 | 10,971 | ||||||
Middlesex Water Co. (Water Utilities) | 140 | 14,174 | ||||||
ModivCare, Inc.* (Health Care Providers & Services) | 81 | 9,390 | ||||||
Monarch Casino & Resort, Inc.* (Hotels, Restaurants & Leisure) | 150 | 9,285 | ||||||
Monro, Inc. (Specialty Retail) | 164 | 8,156 | ||||||
Movado Group, Inc. (Textiles, Apparel & Luxury Goods) | 190 | 7,043 | ||||||
Mueller Industries, Inc. (Machinery) | 660 | 34,095 | ||||||
Myers Industries, Inc. (Containers & Packaging) | 180 | 3,253 | ||||||
MYR Group, Inc.* (Construction & Engineering) | 193 | 18,148 | ||||||
Myriad Genetics, Inc.* (Biotechnology) | 478 | 12,567 | ||||||
National Bank Holdings Corp. (Banks) | 202 | 9,171 | ||||||
National Beverage Corp. (Beverages) | 152 | 6,790 | ||||||
Nektar Therapeutics* (Pharmaceuticals) | 956 | 10,631 | ||||||
NeoGenomics, Inc.* (Life Sciences Tools & Services) | 778 | 17,536 | ||||||
Nexpoint Residential Trust, Inc. (Equity Real Estate Investment Trusts) | 261 | 20,697 | ||||||
Northfield Bancorp, Inc. (Thrifts & Mortgage Finance) | 291 | 4,586 | ||||||
NV5 Global, Inc.* (Construction & Engineering) | 137 | 14,329 | ||||||
OFG Bancorp (Banks) | 286 | 7,914 | ||||||
Omnicell, Inc.* (Health Care Technology) | 504 | 75,670 | ||||||
OneSpan, Inc.* (Software) | 195 | 3,132 | ||||||
Onto Innovation, Inc.* (Semiconductors & Semiconductor Equipment) | 565 | 51,720 | ||||||
OptimizeRx Corp.* (Health Care Technology) | 204 | 9,166 | ||||||
Organogenesis Holdings, Inc.* (Biotechnology) | 727 | 5,591 | ||||||
OSI Systems, Inc.* (Electronic Equipment, Instruments & Components) | 83 | 6,884 | ||||||
Oxford Industries, Inc. (Textiles, Apparel & Luxury Goods) | 116 | 9,557 | ||||||
Pacific Premier Bancorp, Inc. (Banks) | 478 | 18,284 | ||||||
Pacira BioSciences, Inc.* (Pharmaceuticals) | 313 | 19,646 | ||||||
Palomar Holdings, Inc.* (Insurance) | 277 | 14,612 | ||||||
Park Aerospace Corp. (Aerospace & Defense) | 100 | 1,353 | ||||||
Park National Corp. (Banks) | 104 | 14,088 | ||||||
Patrick Industries, Inc. (Auto Components) | 121 | 7,792 | ||||||
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 1,118 | 66,263 | ||||||
PDF Solutions, Inc.* (Semiconductors & Semiconductor Equipment) | 217 | 6,451 | ||||||
Perficient, Inc.* (IT Services) | 378 | 39,622 | ||||||
PGT Innovations, Inc.* (Building Products) | 309 | 5,868 | ||||||
Piper Sandler Cos. (Capital Markets) | 161 | 24,829 | ||||||
Plantronics, Inc.* (Communications Equipment) | 235 | 6,263 | ||||||
Preferred Bank (Banks) | 157 | 12,255 | ||||||
Prestige Consumer Healthcare, Inc.* (Pharmaceuticals) | 305 | 17,217 | ||||||
Progress Software Corp. (Software) | 503 | 22,892 | ||||||
Provident Financial Services, Inc. (Thrifts & Mortgage Finance) | 409 | 9,886 | ||||||
Quaker Chemical Corp. (Chemicals) | 90 | 18,825 |
See accompanying notes to the financial statements.
122 :: Small-Cap Growth ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
RadNet, Inc.* (Health Care Providers & Services) | 509 | $ | 13,107 | |||||
Rambus, Inc.* (Semiconductors & Semiconductor Equipment) | 1,254 | 31,664 | ||||||
Range Resources Corp.* (Oil, Gas & Consumable Fuels) | 1,980 | 38,115 | ||||||
Ranger Oil Corp.* (Oil, Gas & Consumable Fuels) | 241 | 7,473 | ||||||
Redwood Trust, Inc. (Mortgage Real Estate Investment Trusts) | 1,318 | 16,251 | ||||||
REGENXBIO, Inc.* (Biotechnology) | 194 | 5,122 | ||||||
Rent-A-Center, Inc. (Specialty Retail) | 333 | 14,036 | ||||||
Retail Opportunity Investments Corp. (Equity Real Estate Investment Trusts) | 684 | 12,675 | ||||||
Rogers Corp.* (Electronic Equipment, Instruments & Components) | 215 | 58,684 | ||||||
RPT Realty (Equity Real Estate Investment Trusts) | 496 | 6,260 | ||||||
Safehold, Inc. (Equity Real Estate Investment Trusts) | 162 | 10,028 | ||||||
Sally Beauty Holdings, Inc.* (Specialty Retail) | 571 | 9,804 | ||||||
Saul Centers, Inc. (Equity Real Estate Investment Trusts) | 103 | 5,086 | ||||||
Seacoast Banking Corp. of Florida (Banks) | 349 | 12,739 | ||||||
Selectquote, Inc.* (Insurance) | 705 | 5,210 | ||||||
ServisFirst Bancshares, Inc. (Banks) | 559 | 47,442 | ||||||
Shake Shack, Inc.*—Class A (Hotels, Restaurants & Leisure) | 247 | 16,319 | ||||||
Shoe Carnival, Inc. (Specialty Retail) | 202 | 6,900 | ||||||
Shutterstock, Inc. (Internet & Direct Marketing Retail) | 269 | 26,085 | ||||||
Signet Jewelers, Ltd. (Specialty Retail) | 609 | 52,453 | ||||||
Simulations Plus, Inc. (Health Care Technology) | 108 | 4,592 | ||||||
SITE Centers Corp. (Equity Real Estate Investment Trusts) | 1,135 | 16,809 | ||||||
Sleep Number Corp.* (Specialty Retail) | 260 | 18,590 | ||||||
SM Energy Co. (Oil, Gas & Consumable Fuels) | 1,396 | 45,803 | ||||||
SMART Global Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 162 | 9,292 | ||||||
Southside Bancshares, Inc. (Banks) | 232 | 9,721 | ||||||
Southwestern Energy Co.* (Oil, Gas & Consumable Fuels) | 7,464 | 32,842 | ||||||
Spectrum Pharmaceuticals, Inc.* (Biotechnology) | 1,077 | 755 | ||||||
SPS Commerce, Inc.* (Software) | 413 | 51,150 | ||||||
SPX Corp.* (Machinery) | 220 | 11,480 | ||||||
SPX FLOW, Inc. (Machinery) | 294 | 25,343 | ||||||
Standex International Corp. (Machinery) | 67 | 6,656 | ||||||
Steven Madden, Ltd. (Textiles, Apparel & Luxury Goods) | 589 | 24,232 | ||||||
Stewart Information Services Corp. (Insurance) | 151 | 10,786 | ||||||
Sturm Ruger & Co., Inc. (Leisure Products) | 203 | 13,648 | ||||||
Supernus Pharmaceuticals, Inc.* (Pharmaceuticals) | 610 | 18,818 | ||||||
Surmodics, Inc.* (Health Care Equipment & Supplies) | 103 | 4,705 | ||||||
Tabula Rasa HealthCare, Inc.* (Health Care Technology) | 138 | 1,489 | ||||||
Tanger Factory Outlet Centers, Inc. (Equity Real Estate Investment Trusts) | 1,194 | 20,310 | ||||||
TechTarget, Inc.* (Media) | 297 | 24,632 | ||||||
Tennant Co. (Machinery) | 92 | 7,100 | ||||||
The Bancorp, Inc.* (Banks) | 654 | 19,502 | ||||||
The Buckle, Inc. (Specialty Retail) | 337 | 12,685 | ||||||
The Children's Place, Inc.* (Specialty Retail) | 160 | 11,320 | ||||||
The E.W. Scripps Co.*—Class A (Media) | 303 | 6,212 | ||||||
The Ensign Group, Inc. (Health Care Providers & Services) | 325 | 24,515 | ||||||
The Joint Corp.* (Health Care Providers & Services) | 164 | 8,863 | ||||||
The Pennant Group, Inc.* (Health Care Providers & Services) | 158 | 2,626 | ||||||
The Simply Good Foods Co.* (Food Products) | 968 | 34,102 | ||||||
The St Joe Co. (Real Estate Management & Development) | 378 | 18,337 | ||||||
Thryv Holdings, Inc.* (Media) | 195 | 6,324 | ||||||
Tivity Health, Inc.* (Health Care Providers & Services) | 239 | 6,080 | ||||||
Tompkins Financial Corp. (Banks) | 60 | 4,774 | ||||||
Tootsie Roll Industries, Inc. (Food Products) | 98 | 3,327 | ||||||
Triumph Bancorp, Inc.* (Banks) | 272 | 23,795 | ||||||
Triumph Group, Inc.* (Aerospace & Defense) | 742 | 13,519 | ||||||
Trupanion, Inc.* (Insurance) | 395 | 37,624 | ||||||
TTEC Holdings, Inc. (IT Services) | 211 | 16,899 | ||||||
U.S. Physical Therapy, Inc. (Health Care Providers & Services) | 67 | 6,484 | ||||||
UFP Industries, Inc. (Building Products) | 710 | 56,700 | ||||||
Ultra Clean Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 516 | 26,017 | ||||||
uniQure N.V.* (Biotechnology) | 414 | 7,473 | ||||||
Unisys Corp.* (IT Services) | 370 | 6,753 | ||||||
United Community Banks, Inc. (Banks) | 769 | 27,215 | ||||||
United Natural Foods, Inc.* (Food & Staples Retailing) | 647 | 25,091 | ||||||
Uniti Group, Inc. (Equity Real Estate Investment Trusts) | 1,573 | 18,970 | ||||||
Universal Health Realty Income Trust (Equity Real Estate Investment Trusts) | 80 | 4,664 | ||||||
Urstadt Biddle Properties, Inc.—Class A (Equity Real Estate Investment Trusts) | 187 | 3,682 | ||||||
USANA Health Sciences, Inc.* (Personal Products) | 91 | 8,698 | ||||||
Vanda Pharmaceuticals, Inc.* (Biotechnology) | 410 | 6,216 | ||||||
Varex Imaging Corp.* (Health Care Equipment & Supplies) | 290 | 7,569 | ||||||
Vector Group, Ltd. (Tobacco) | 1,504 | 16,709 | ||||||
Veeco Instruments, Inc.* (Semiconductors & Semiconductor Equipment) | 580 | 15,944 | ||||||
Vericel Corp.* (Biotechnology) | 538 | 19,142 | ||||||
Veritex Holdings, Inc. (Banks) | 565 | 22,685 | ||||||
Viad Corp.* (Commercial Services & Supplies) | 125 | 4,709 | ||||||
Viavi Solutions, Inc.* (Communications Equipment) | 1,692 | 27,850 | ||||||
Virtus Investment Partners, Inc. (Capital Markets) | 83 | 21,719 | ||||||
Vista Outdoor, Inc.* (Leisure Products) | 659 | 25,424 | ||||||
Vonage Holdings Corp.* (Software) | 2,899 | 60,414 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Growth ProFund :: 123
Common Stocks, continued
Shares | Value | |||||||
Walker & Dunlop, Inc. (Thrifts & Mortgage Finance) | 336 | $ | 44,489 | |||||
Washington Real Estate Investment Trust (Equity Real Estate Investment Trusts) | 427 | 10,513 | ||||||
WD-40 Co. (Household Products) | 92 | 20,448 | ||||||
Winnebago Industries, Inc. (Automobiles) | 196 | 12,646 | ||||||
WisdomTree Investments, Inc. (Capital Markets) | 780 | 4,376 | ||||||
Wolverine World Wide, Inc. (Textiles, Apparel & Luxury Goods) | 435 | 11,523 | ||||||
World Acceptance Corp.* (Consumer Finance) | 48 | 9,071 | ||||||
WSFS Financial Corp. (Thrifts & Mortgage Finance) | 330 | 17,285 | ||||||
Xencor, Inc.* (Biotechnology) | 671 | 23,062 | ||||||
Xperi Holding Corp. (Software) | 623 | 10,510 | ||||||
Zynex, Inc.(a) (Health Care Equipment & Supplies) | 256 | 2,031 | ||||||
TOTAL COMMON STOCKS (Cost $3,501,814) | 5,569,103 |
Collateral for Securities Loaned(b)(NM)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(c) | 1,697 | $ | 1,697 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $1,697) | 1,697 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $3,503,511)—99.3% | 5,570,800 | |||||||
Net other assets (liabilities)—0.7% | 39,617 | |||||||
NET ASSETS—100.0% | $ | 5,610,417 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $1,734. |
(b) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(c) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
NM | Not meaningful, amount is less than 0.05%. |
Small-Cap Growth ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 40,280 | 0.7 | % | ||||
Air Freight & Logistics | 32,953 | 0.6 | % | |||||
Auto Components | 85,582 | 1.5 | % | |||||
Automobiles | 12,646 | 0.2 | % | |||||
Banks | 517,990 | 9.2 | % | |||||
Beverages | 68,415 | 1.2 | % | |||||
Biotechnology | 182,498 | 3.2 | % | |||||
Building Products | 101,145 | 1.8 | % | |||||
Capital Markets | 90,277 | 1.6 | % | |||||
Chemicals | 157,386 | 2.8 | % | |||||
Commercial Services & Supplies | 22,045 | 0.4 | % | |||||
Communications Equipment | 93,237 | 1.7 | % | |||||
Construction & Engineering | 69,646 | 1.2 | % | |||||
Consumer Finance | 34,809 | 0.6 | % | |||||
Containers & Packaging | 3,253 | 0.1 | % | |||||
Diversified Telecommunication Services | 20,673 | 0.4 | % | |||||
Electrical Equipment | 26,031 | 0.5 | % | |||||
Electronic Equipment, Instruments & Components | 169,694 | 3.0 | % | |||||
Energy Equipment & Services | 5,974 | 0.1 | % | |||||
Entertainment | 9,589 | 0.2 | % | |||||
Equity Real Estate Investment Trusts | 346,391 | 6.2 | % | |||||
Food & Staples Retailing | 25,091 | 0.4 | % | |||||
Food Products | 48,806 | 0.9 | % | |||||
Gas Utilities | 14,166 | 0.2 | % | |||||
Health Care Equipment & Supplies | 161,644 | 2.9 | % | |||||
Health Care Providers & Services | 214,581 | 3.8 | % | |||||
Health Care Technology | 105,837 | 1.9 | % | |||||
Hotels, Restaurants & Leisure | 39,954 | 0.7 | % | |||||
Household Durables | 140,757 | 2.5 | % | |||||
Household Products | 20,448 | 0.4 | % | |||||
Insurance | 92,381 | 1.6 | % | |||||
Interactive Media & Services | 5,702 | 0.1 | % | |||||
Internet & Direct Marketing Retail | 31,889 | 0.6 | % | |||||
IT Services | 141,946 | 2.5 | % | |||||
Leisure Products | 39,072 | 0.7 | % | |||||
Life Sciences Tools & Services | 17,536 | 0.3 | % | |||||
Machinery | 267,176 | 4.8 | % | |||||
Marine | 47,072 | 0.8 | % | |||||
Media | 40,201 | 0.7 | % | |||||
Metals & Mining | 30,583 | 0.5 | % | |||||
Mortgage Real Estate Investment Trusts | 25,441 | 0.5 | % | |||||
Oil, Gas & Consumable Fuels | 330,429 | 5.9 | % | |||||
Personal Products | 71,773 | 1.3 | % | |||||
Pharmaceuticals | 120,874 | 2.2 | % | |||||
Professional Services | 115,399 | 2.1 | % | |||||
Real Estate Management & Development | 50,964 | 0.9 | % | |||||
Road & Rail | 25,913 | 0.5 | % | |||||
Semiconductors & Semiconductor Equipment | 390,463 | 7.0 | % | |||||
Software | 240,435 | 4.3 | % | |||||
Specialty Retail | 226,783 | 4.0 | % | |||||
Technology Hardware, Storage & Peripherals | 34,096 | 0.6 | % | |||||
Textiles, Apparel & Luxury Goods | 66,058 | 1.2 | % | |||||
Thrifts & Mortgage Finance | 168,277 | 3.0 | % | |||||
Tobacco | 16,709 | 0.3 | % | |||||
Trading Companies & Distributors | 48,031 | 0.9 | % | |||||
Water Utilities | 62,102 | 1.1 | % | |||||
Other** | 41,314 | 0.7 | % | |||||
Total | $ | 5,610,417 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
124 :: Small-Cap ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (61.0%)
Percentage of Net Assets | Shares | Value | ||||||||||
AMC Entertainment Holdings, Inc.* (Entertainment)*(a) | 0.2 | % | 748 | $ | 12,012 | |||||||
Antero Resources Corp.* (Oil, Gas & Consumable Fuels)* | 0.1 | % | 415 | 8,105 | ||||||||
Arena Pharmaceuticals, Inc.* (Biotechnology)* | 0.1 | % | 90 | 8,278 | ||||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology)* | 0.1 | % | 147 | 7,756 | ||||||||
ASGN, Inc.* (Professional Services)* | 0.1 | % | 74 | 8,499 | ||||||||
Avis Budget Group, Inc.* (Road & Rail)* | 0.2 | % | 60 | 10,571 | ||||||||
Biohaven Pharmaceutical Holding Co., Ltd.* (Biotechnology)* | 0.2 | % | 81 | 10,761 | ||||||||
BJ's Wholesale Club Holdings, Inc.* (Food & Staples Retailing)* | 0.2 | % | 199 | 12,232 | ||||||||
Cadence Bank (Banks) | 0.1 | % | 273 | 8,508 | ||||||||
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | 0.2 | % | 152 | 10,362 | ||||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 0.1 | % | 41 | 7,416 | ||||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods)* | 0.1 | % | 85 | 8,723 | ||||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 0.2 | % | 59 | 11,796 | ||||||||
EMCOR Group, Inc. (Construction & Engineering) | 0.1 | % | 77 | 9,179 | ||||||||
First Financial Bankshares, Inc. (Banks) | 0.1 | % | 188 | 8,833 | ||||||||
Fox Factory Holding Corp.* (Auto Components)* | 0.1 | % | 61 | 8,117 | ||||||||
Glacier Bancorp, Inc. (Banks) | 0.1 | % | 160 | 8,308 | ||||||||
Helen of Troy, Ltd.* (Household Durables)* | 0.1 | % | 35 | 7,327 | ||||||||
Houlihan Lokey, Inc. (Capital Markets) | 0.1 | % | 74 | 7,864 | ||||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components)* | 0.2 | % | 154 | 9,763 | ||||||||
Inspire Medical Systems, Inc.* (Health Care Technology)* | 0.1 | % | 39 | 8,630 | ||||||||
Intellia Therapeutics, Inc.* (Biotechnology)* | 0.2 | % | 101 | 9,552 | ||||||||
KBR, Inc. (Professional Services) | 0.1 | % | 205 | 8,896 | ||||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment)* | 0.2 | % | 197 | 10,879 | ||||||||
Macy's, Inc. (Multiline Retail) | 0.2 | % | 455 | 11,648 | ||||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services)* | 0.1 | % | 42 | 7,452 | ||||||||
Omnicell, Inc.* (Health Care Technology)* | 0.1 | % | 63 | 9,459 | ||||||||
Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | 0.2 | % | 380 | 14,745 | ||||||||
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 0.1 | % | 141 | 8,357 | ||||||||
Performance Food Group Co.* (Food & Staples Retailing)* | 0.1 | % | 220 | 9,281 | ||||||||
Rapid7, Inc.* (Software)* | 0.1 | % | 82 | 7,899 | ||||||||
RBC Bearings, Inc.* (Machinery)* | 0.1 | % | 41 | 7,398 | ||||||||
Rogers Corp.* (Electronic Equipment, Instruments & Components)* | 0.1 | % | 27 | 7,369 | ||||||||
Saia, Inc.* (Road & Rail)* | 0.2 | % | 38 | 10,804 | ||||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure)* | 0.1 | % | 139 | 8,019 | ||||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment)* | 0.2 | % | 58 | 9,581 | ||||||||
SouthState Corp. (Banks) | 0.1 | % | 101 | 8,524 | ||||||||
STAG Industrial, Inc. (Equity Real Estate Investment Trusts) | 0.2 | % | 256 | 10,939 | ||||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment)* | 0.2 | % | 57 | 11,991 | ||||||||
Tenet Healthcare Corp.* (Health Care Providers & Services)* | 0.2 | % | 154 | 11,414 | ||||||||
Terreno Realty Corp. (Equity Real Estate Investment Trusts) | 0.1 | % | 107 | 8,000 | ||||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 0.2 | % | 78 | 10,856 | ||||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 0.1 | % | 102 | 8,709 | ||||||||
The Goodyear Tire & Rubber Co.* (Auto Components)* | 0.1 | % | 401 | 8,313 | ||||||||
Valley National Bancorp (Banks) | 0.1 | % | 581 | 8,087 | ||||||||
Vonage Holdings Corp.* (Software)* | 0.1 | % | 350 | 7,294 | ||||||||
WESCO International, Inc.* (Trading Companies & Distributors)* | 0.1 | % | 66 | 8,044 | ||||||||
WillScot Mobile Mini Holdings Corp.* (Construction & Engineering)* | 0.2 | % | 307 | 11,372 | ||||||||
Workiva, Inc.* (Software)* | 0.1 | % | 62 | 7,333 | ||||||||
Other Common Stocks(a) | 53.9 | % | 157,507 | 3,426,987 | ||||||||
TOTAL COMMON STOCKS (Cost $2,949,503) | 3,882,242 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Summary Schedule of Portfolio Investments :: Small-Cap ProFund :: 125
Trust (0.0%)
Interest Units | Value | |||||||
Ferroglobe Representation and Warranty Insurance*+ (Metals & Mining) | 290 | $ | — | |||||
TOTAL TRUST (Cost $—) | — |
Repurchase Agreements(b)(c) (41.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,615,000 | $ | 2,615,000 | $ | 2,615,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,615,000) | 2,615,000 |
Collateral for Securities Loaned(d) (0.2%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 12,484 | $ | 12,484 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $12,484) | 12,484 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,576,987)—102.3% | 6,509,726 | |||||||
Net other assets (liabilities)—(2.3)% | (146,756 | ) | ||||||
NET ASSETS—100.0% | $ | 6,362,970 |
* | Non-income producing security. |
+ | This security was fair valued based on procedures approved by the Board of Trustees. As of January 31, 2022, this security represented 0.000% of the net assets of the Fund. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $12,795. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $480,000. |
(c) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Russell 2000 Index | Goldman Sachs International | 2/28/22 | 0.48 | % | $ | 687,645 | $ | 45,242 | ||||||||||
Russell 2000 Index | UBS AG | 2/28/22 | 0.08 | % | 1,770,837 | 84,913 | ||||||||||||
$ | 2,458,482 | $ | 130,155 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
126 :: Small-Cap ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Small-Cap ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 24,379 | 0.4 | % | ||||
Air Freight & Logistics | 13,817 | 0.2 | % | |||||
Airlines | 13,149 | 0.2 | % | |||||
Auto Components | 53,817 | 0.8 | % | |||||
Automobiles | 7,705 | 0.1 | % | |||||
Banks | 353,538 | 5.6 | % | |||||
Beverages | 16,128 | 0.3 | % | |||||
Biotechnology | 294,166 | 4.6 | % | |||||
Building Products | 50,570 | 0.8 | % | |||||
Capital Markets | 63,170 | 1.0 | % | |||||
Chemicals | 78,143 | 1.2 | % | |||||
Commercial Services & Supplies | 67,861 | 1.1 | % | |||||
Communications Equipment | 33,643 | 0.5 | % | |||||
Construction & Engineering | 61,044 | 1.0 | % | |||||
Construction Materials | 7,482 | 0.1 | % | |||||
Consumer Finance | 30,492 | 0.5 | % | |||||
Containers & Packaging | 9,577 | 0.2 | % | |||||
Distributors | 692 | NM | ||||||
Diversified Consumer Services | 28,810 | 0.5 | % | |||||
Diversified Financial Services | 5,844 | 0.1 | % | |||||
Diversified Telecommunication Services | 18,635 | 0.3 | % | |||||
Electric Utilities | 25,145 | 0.4 | % | |||||
Electrical Equipment | 36,884 | 0.6 | % | |||||
Electronic Equipment, Instruments & Components | 85,654 | 1.3 | % | |||||
Energy Equipment & Services | 38,558 | 0.6 | % | |||||
Entertainment | 25,110 | 0.4 | % | |||||
Equity Real Estate Investment Trusts | 262,777 | 4.1 | % | |||||
Food & Staples Retailing | 40,630 | 0.6 | % | |||||
Food Products | 39,903 | 0.6 | % | |||||
Gas Utilities | 37,480 | 0.6 | % | |||||
Health Care Equipment & Supplies | 121,040 | 1.9 | % | |||||
Health Care Providers & Services | 103,822 | 1.6 | % | |||||
Health Care Technology | 46,045 | 0.7 | % | |||||
Hotels, Restaurants & Leisure | 92,699 | 1.5 | % | |||||
Household Durables | 73,579 | 1.2 | % | |||||
Household Products | 11,647 | 0.2 | % | |||||
Independent Power and Renewable Electricity Producers | 12,537 | 0.2 | % | |||||
Insurance | 79,015 | 1.2 | % | |||||
Interactive Media & Services | 14,075 | 0.2 | % | |||||
Internet & Direct Marketing Retail | 19,576 | 0.3 | % | |||||
IT Services | 64,381 | 1.0 | % | |||||
Leisure Products | 23,840 | 0.4 | % | |||||
Life Sciences Tools & Services | 25,679 | 0.4 | % | |||||
Machinery | 146,203 | 2.3 | % | |||||
Marine | 8,538 | 0.1 | % | |||||
Media | 43,225 | 0.7 | % | |||||
Metals & Mining | 49,613 | 0.8 | % | |||||
Mortgage Real Estate Investment Trusts | 52,866 | 0.8 | % | |||||
Multiline Retail | 15,648 | 0.2 | % | |||||
Multi-Utilities | 16,629 | 0.3 | % | |||||
Oil, Gas & Consumable Fuels | 165,720 | 2.6 | % | |||||
Paper & Forest Products | 5,369 | 0.1 | % | |||||
Personal Products | 21,656 | 0.3 | % | |||||
Pharmaceuticals | 58,513 | 0.9 | % | |||||
Professional Services | 68,010 | 1.1 | % | |||||
Real Estate Management & Development | 34,358 | 0.5 | % | |||||
Road & Rail | 33,581 | 0.5 | % | |||||
Semiconductors & Semiconductor Equipment | 136,770 | 2.1 | % | |||||
Software | 216,849 | 3.4 | % | |||||
Specialty Retail | 92,973 | 1.5 | % | |||||
Technology Hardware, Storage & Peripherals | 10,708 | 0.2 | % | |||||
Textiles, Apparel & Luxury Goods | 27,744 | 0.4 | % | |||||
Thrifts & Mortgage Finance | 73,909 | 1.2 | % | |||||
Tobacco | 5,461 | 0.1 | % | |||||
Trading Companies & Distributors | 61,876 | 1.0 | % | |||||
Water Utilities | 17,056 | 0.3 | % | |||||
Wireless Telecommunication Services | 6,229 | 0.1 | % | |||||
Other** | 2,480,728 | 39.0 | % | |||||
Total | $ | 6,362,970 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Value ProFund :: 127
Common Stocks (100.5%)
Shares | Value | |||||||
AAON, Inc. (Building Products) | 330 | $ | 21,203 | |||||
AAR Corp.* (Aerospace & Defense) | 805 | 32,417 | ||||||
Aaron’s Co., Inc. (The) (Specialty Retail) | 760 | 16,089 | ||||||
Abercrombie & Fitch Co.* (Specialty Retail) | 756 | 29,484 | ||||||
ABM Industries, Inc. (Commercial Services & Supplies) | 1,624 | 67,705 | ||||||
Acadia Realty Trust (Equity Real Estate Investment Trusts) | 1,196 | 23,669 | ||||||
Addus HomeCare Corp.* (Health Care Providers & Services) | 220 | 17,563 | ||||||
Adtalem Global Education, Inc.* (Diversified Consumer Services) | 1,202 | 35,363 | ||||||
AdvanSix, Inc. (Chemicals) | 311 | 13,090 | ||||||
Aerojet Rocketdyne Holdings, Inc. (Aerospace & Defense) | 867 | 33,458 | ||||||
AeroVironment, Inc.* (Aerospace & Defense) | 255 | 14,515 | ||||||
Agilysys, Inc.* (Software) | 173 | 6,584 | ||||||
Agree Realty Corp. (Equity Real Estate Investment Trusts) | 928 | 60,672 | ||||||
Alamo Group, Inc. (Machinery) | 138 | 19,437 | ||||||
Albany International Corp.—Class A (Machinery) | 390 | 32,647 | ||||||
Alexander & Baldwin, Inc. (Equity Real Estate Investment Trusts) | 1,753 | 40,231 | ||||||
Allegheny Technologies, Inc.* (Metals & Mining) | 1,688 | 30,874 | ||||||
Allegiance Bancshares, Inc. (Banks) | 455 | 20,034 | ||||||
Allegiant Travel Co.* (Airlines) | 366 | 65,389 | ||||||
Allscripts Healthcare Solutions, Inc.* (Health Care Technology) | 1,806 | 36,517 | ||||||
Ambac Financial Group, Inc.* (Insurance) | 1,119 | 15,856 | ||||||
AMC Networks, Inc.*—Class A (Media) | 706 | 30,097 | ||||||
American Assets Trust, Inc. (Equity Real Estate Investment Trusts) | 724 | 26,042 | ||||||
American Axle & Manufacturing Holdings, Inc.* (Auto Components) | 2,754 | 22,418 | ||||||
American Equity Investment Life Holding Co. (Insurance) | 1,989 | 81,828 | ||||||
American Public Education, Inc.* (Diversified Consumer Services) | 451 | 9,647 | ||||||
American States Water Co. (Water Utilities) | 302 | 27,853 | ||||||
American Vanguard Corp. (Chemicals) | 651 | 9,876 | ||||||
American Woodmark Corp.* (Building Products) | 399 | 23,912 | ||||||
America’s Car-Mart, Inc.* (Specialty Retail) | 147 | 13,953 | ||||||
Ameris Bancorp (Banks) | 688 | 33,925 | ||||||
AMERISAFE, Inc. (Insurance) | 468 | 24,579 | ||||||
Amphastar Pharmaceuticals, Inc.* (Pharmaceuticals) | 287 | 6,627 | ||||||
ANI Pharmaceuticals, Inc.* (Pharmaceuticals) | 108 | 4,365 | ||||||
Anika Therapeutics, Inc.* (Health Care Equipment & Supplies) | 164 | 5,215 | ||||||
Apogee Enterprises, Inc. (Building Products) | 613 | 27,370 | ||||||
Apollo Commercial Real Estate Finance, Inc. (Mortgage Real Estate Investment Trusts) | 3,177 | 43,366 | ||||||
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 529 | 51,832 | ||||||
Archrock, Inc. (Energy Equipment & Services) | 3,239 | 27,337 | ||||||
Arconic Corp.* (Metals & Mining) | 2,573 | 79,582 | ||||||
Arcosa, Inc. (Construction & Engineering) | 1,168 | 54,499 | ||||||
Arlo Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 898 | 7,804 | ||||||
Armada Hoffler Properties, Inc. (Equity Real Estate Investment Trusts) | 578 | 8,109 | ||||||
ARMOUR Residential REIT, Inc. (Mortgage Real Estate Investment Trusts) | 2,169 | 20,345 | ||||||
Artivion, Inc.* (Health Care Equipment & Supplies) | 950 | 16,910 | ||||||
Asbury Automotive Group, Inc.* (Specialty Retail) | 307 | 49,417 | ||||||
Assured Guaranty, Ltd. (Insurance) | 979 | 52,171 | ||||||
Astec Industries, Inc. (Machinery) | 550 | 34,810 | ||||||
Atlas Air Worldwide Holdings, Inc.* (Air Freight & Logistics) | 653 | 52,455 | ||||||
ATN International, Inc. (Diversified Telecommunication Services) | 264 | 10,476 | ||||||
Avanos Medical, Inc.* (Health Care Equipment & Supplies) | 1,164 | 35,222 | ||||||
Avista Corp. (Multi-Utilities) | 1,710 | 76,026 | ||||||
AZZ, Inc. (Electrical Equipment) | 600 | 28,548 | ||||||
B&G Foods, Inc. (Food Products) | 1,568 | 48,765 | ||||||
Badger Meter, Inc. (Electronic Equipment, Instruments & Components) | 247 | 24,989 | ||||||
Banc of California, Inc. (Banks) | 718 | 13,872 | ||||||
BancFirst Corp. (Banks) | 214 | 16,039 | ||||||
BankUnited, Inc. (Banks) | 2,152 | 89,846 | ||||||
Banner Corp. (Banks) | 471 | 29,254 | ||||||
Barnes Group, Inc. (Machinery) | 1,125 | 50,816 | ||||||
Bed Bath & Beyond, Inc.* (Specialty Retail) | 2,442 | 39,658 | ||||||
Benchmark Electronics, Inc. (Electronic Equipment, Instruments & Components) | 851 | 20,543 | ||||||
Berkshire Hills Bancorp, Inc. (Banks) | 1,175 | 34,768 | ||||||
Big Lots, Inc. (Multiline Retail) | 786 | 32,941 | ||||||
BJ’s Restaurants, Inc.* (Hotels, Restaurants & Leisure) | 562 | 16,911 | ||||||
Bloomin’ Brands, Inc.* (Hotels, Restaurants & Leisure) | 1,962 | 39,887 | ||||||
Blucora, Inc.* (Capital Markets) | 659 | 10,689 | ||||||
Boise Cascade Co. (Trading Companies & Distributors) | 493 | 34,618 | ||||||
Bottomline Technologies, Inc.* (Software) | 430 | 24,249 | ||||||
Brady Corp.—Class A (Commercial Services & Supplies) | 633 | 32,865 | ||||||
Brandywine Realty Trust (Equity Real Estate Investment Trusts) | 4,134 | 53,163 | ||||||
Brinker International, Inc.* (Hotels, Restaurants & Leisure) | 1,097 | 36,431 | ||||||
Bristow Group, Inc.* (Energy Equipment & Services) | 560 | 18,396 | ||||||
Brookline Bancorp, Inc. (Banks) | 1,050 | 17,955 | ||||||
CalAmp Corp.* (Communications Equipment) | 868 | 5,156 | ||||||
Calavo Growers, Inc. (Food Products) | 427 | 17,682 | ||||||
Caleres, Inc. (Specialty Retail) | 925 | 22,182 | ||||||
California Water Service Group (Water Utilities) | 521 | 32,350 | ||||||
Cal-Maine Foods, Inc. (Food Products) | 904 | 35,256 | ||||||
Capitol Federal Financial, Inc. (Thrifts & Mortgage Finance) | 3,120 | 34,726 | ||||||
Cardiovascular Systems, Inc.* (Health Care Equipment & Supplies) | 568 | 9,980 | ||||||
CareTrust REIT, Inc. (Equity Real Estate Investment Trusts) | 1,242 | 26,343 |
See accompanying notes to the financial statements.
128 :: Small-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Carpenter Technology Corp. (Metals & Mining) | 1,164 | $ | 33,430 | |||||
Cars.com, Inc.* (Interactive Media & Services) | 799 | 12,448 | ||||||
Centerspace (Equity Real Estate Investment Trusts) | 124 | 11,827 | ||||||
Central Garden & Pet Co.* (Household Products) | 235 | 10,902 | ||||||
Central Garden & Pet Co.*—Class A (Household Products) | 970 | 42,030 | ||||||
Central Pacific Financial Corp. (Banks) | 256 | 7,450 | ||||||
Century Aluminum Co.* (Metals & Mining) | 670 | 10,278 | ||||||
Chatham Lodging Trust* (Equity Real Estate Investment Trusts) | 1,179 | 15,645 | ||||||
Chefs’ Warehouse, Inc.* (Food & Staples Retailing) | 786 | 23,454 | ||||||
Chesapeake Utilities Corp. (Gas Utilities) | 205 | 27,923 | ||||||
Chico’s FAS, Inc.* (Specialty Retail) | 2,962 | 13,951 | ||||||
Chuy’s Holdings, Inc.* (Hotels, Restaurants & Leisure) | 479 | 12,076 | ||||||
Cinemark Holdings, Inc.* (Entertainment) | 1,235 | 18,648 | ||||||
CIRCOR International, Inc.* (Machinery) | 488 | 13,552 | ||||||
City Holding Co. (Banks) | 190 | 15,240 | ||||||
Clearwater Paper Corp.* (Paper & Forest Products) | 402 | 12,711 | ||||||
Cogent Communications Holdings, Inc. (Diversified Telecommunication Services) | 339 | 21,564 | ||||||
Cohu, Inc.* (Semiconductors & Semiconductor Equipment) | 493 | 16,259 | ||||||
Columbia Banking System, Inc. (Banks) | 1,878 | 65,298 | ||||||
Community Bank System, Inc. (Banks) | 703 | 50,208 | ||||||
Community Healthcare Trust, Inc. (Equity Real Estate Investment Trusts) | 232 | 10,519 | ||||||
Compass Minerals International, Inc. (Metals & Mining) | 815 | 43,521 | ||||||
Computer Programs & Systems, Inc.* (Health Care Technology) | 354 | 10,025 | ||||||
Comtech Telecommunications Corp. (Communications Equipment) | 636 | 12,930 | ||||||
CONMED Corp. (Health Care Equipment & Supplies) | 253 | 34,807 | ||||||
Conn’s, Inc.* (Specialty Retail) | 464 | 11,261 | ||||||
Consensus Cloud Solutions, Inc.* (Software) | 388 | 22,000 | ||||||
CONSOL Energy, Inc.* (Oil, Gas & Consumable Fuels) | 767 | 16,675 | ||||||
Consolidated Communications Holdings, Inc.* (Diversified Telecommunication Services) | 1,744 | 12,539 | ||||||
Cooper-Standard Holding, Inc.* (Auto Components) | 410 | 8,442 | ||||||
Corcept Therapeutics, Inc.* (Pharmaceuticals) | 894 | 16,780 | ||||||
Core Laboratories N.V. (Energy Equipment & Services) | 648 | 17,282 | ||||||
CoreCivic, Inc.* (Equity Real Estate Investment Trusts) | 2,907 | 29,390 | ||||||
Covetrus, Inc.* (Health Care Providers & Services) | 2,497 | 45,121 | ||||||
CSG Systems International, Inc. (IT Services) | 322 | 18,280 | ||||||
CTS Corp. (Electronic Equipment, Instruments & Components) | 382 | 12,816 | ||||||
Cutera, Inc.* (Health Care Equipment & Supplies) | 146 | 5,316 | ||||||
CVB Financial Corp. (Banks) | 3,076 | 67,764 | ||||||
Dave & Buster’s Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 514 | 18,396 | ||||||
Deluxe Corp. (Commercial Services & Supplies) | 1,028 | 30,943 | ||||||
Designer Brands, Inc.* (Specialty Retail) | 1,482 | 19,518 | ||||||
DiamondRock Hospitality Co.* (Equity Real Estate Investment Trusts) | 5,082 | 47,517 | ||||||
Digi International, Inc.* (Communications Equipment) | 436 | 9,740 | ||||||
Dime Community Bancshares, Inc. (Banks) | 417 | 14,578 | ||||||
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | 192 | 13,027 | ||||||
Diversified Healthcare Trust (Equity Real Estate Investment Trusts) | 5,775 | 17,614 | ||||||
DMC Global, Inc.* (Energy Equipment & Services) | 452 | 18,234 | ||||||
Dorman Products, Inc.* (Auto Components) | 227 | 21,254 | ||||||
Dril-Quip, Inc.* (Energy Equipment & Services) | 854 | 21,598 | ||||||
DXP Enterprises, Inc.* (Trading Companies & Distributors) | 413 | 11,791 | ||||||
Eagle Bancorp, Inc. (Banks) | 314 | 18,831 | ||||||
Eagle Pharmaceuticals, Inc.* (Biotechnology) | 139 | 6,386 | ||||||
Easterly Government Properties, Inc. (Equity Real Estate Investment Trusts) | 2,081 | 43,639 | ||||||
Ebix, Inc. (Software) | 574 | 17,444 | ||||||
Edgewell Personal Care Co. (Personal Products) | 1,313 | 60,135 | ||||||
eHealth, Inc.* (Insurance) | 574 | 12,542 | ||||||
El Pollo Loco Holdings, Inc.* (Hotels, Restaurants & Leisure) | 469 | 6,256 | ||||||
Ellington Financial, Inc. (Mortgage Real Estate Investment Trusts) | 738 | 13,114 | ||||||
Emergent BioSolutions, Inc.* (Biotechnology) | 1,156 | 54,100 | ||||||
Employers Holdings, Inc. (Insurance) | 675 | 26,393 | ||||||
Enanta Pharmaceuticals, Inc.* (Biotechnology) | 173 | 10,280 | ||||||
Encore Capital Group, Inc.* (Consumer Finance) | 310 | 19,995 | ||||||
Enerpac Tool Group Corp. (Machinery) | 757 | 13,512 | ||||||
EnPro Industries, Inc. (Machinery) | 497 | 52,194 | ||||||
ePlus, Inc.* (Electronic Equipment, Instruments & Components) | 653 | 30,018 | ||||||
ESCO Technologies, Inc. (Machinery) | 629 | 50,182 | ||||||
Essential Properties Realty Trust, Inc. (Real Estate Management & Development) | 1,410 | 37,436 | ||||||
Ethan Allen Interiors, Inc. (Household Durables) | 531 | 13,387 | ||||||
EVERTEC, Inc. (IT Services) | 477 | 20,816 | ||||||
EZCORP, Inc.*—Class A (Consumer Finance) | 1,285 | 7,671 | ||||||
FARO Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 228 | 12,383 | ||||||
FB Financial Corp. (Banks) | 449 | 19,989 | ||||||
Federal Signal Corp. (Machinery) | 574 | 22,397 | ||||||
Ferro Corp.* (Chemicals) | 1,060 | 23,108 | ||||||
Fiesta Restaurant Group, Inc.* (Hotels, Restaurants & Leisure) | 416 | 3,940 | ||||||
First Bancorp (Banks) | 417 | 18,310 | ||||||
First Commonwealth Financial Corp. (Banks) | 1,031 | 17,073 | ||||||
First Financial Bancorp (Banks) | 2,265 | 57,101 | ||||||
First Hawaiian, Inc. (Banks) | 3,112 | 88,225 | ||||||
First Midwest Bancorp, Inc. (Banks) | 2,757 | 57,263 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Value ProFund :: 129
Common Stocks, continued
Shares | Value | |||||||
FormFactor, Inc.* (Semiconductors & Semiconductor Equipment) | 699 | $ | 29,875 | |||||
Fossil Group, Inc.* (Textiles, Apparel & Luxury Goods) | 1,147 | 12,720 | ||||||
Four Corners Property Trust, Inc. (Equity Real Estate Investment Trusts) | 952 | 25,771 | ||||||
Franklin BSP Realty Trust, Inc. (Mortgage Real Estate Investment Trusts) | 1,063 | 14,319 | ||||||
Franklin Electric Co., Inc. (Machinery) | 309 | 26,821 | ||||||
Franklin Street Properties Corp. (Equity Real Estate Investment Trusts) | 2,299 | 12,759 | ||||||
Fresh Del Monte Produce, Inc. (Food Products) | 804 | 22,375 | ||||||
FutureFuel Corp. (Chemicals) | 625 | 4,875 | ||||||
Gannett Co., Inc.* (Media) | 2,135 | 10,376 | ||||||
GCP Applied Technologies, Inc.* (Chemicals) | 1,295 | 41,311 | ||||||
Genesco, Inc.* (Specialty Retail) | 178 | 11,451 | ||||||
Genworth Financial, Inc.* (Insurance) | 12,258 | 47,806 | ||||||
Getty Realty Corp. (Equity Real Estate Investment Trusts) | 515 | 15,280 | ||||||
Gibraltar Industries, Inc.* (Building Products) | 418 | 22,906 | ||||||
G-III Apparel Group, Ltd.* (Textiles, Apparel & Luxury Goods) | 1,056 | 28,693 | ||||||
Glatfelter Corp. (Paper & Forest Products) | 1,076 | 18,679 | ||||||
Glaukos Corp.* (Health Care Equipment & Supplies) | 544 | 28,963 | ||||||
Global Net Lease, Inc. (Equity Real Estate Investment Trusts) | 2,503 | 35,893 | ||||||
GMS, Inc.* (Trading Companies & Distributors) | 459 | 23,492 | ||||||
Granite Construction, Inc. (Construction & Engineering) | 1,106 | 39,794 | ||||||
Granite Point Mortgage Trust, Inc. (Mortgage Real Estate Investment Trusts) | 1,299 | 15,718 | ||||||
Green Dot Corp.*—Class A (Consumer Finance) | 1,321 | 41,889 | ||||||
Green Plains, Inc.* (Oil, Gas & Consumable Fuels) | 1,294 | 39,519 | ||||||
Griffon Corp. (Building Products) | 1,149 | 25,726 | ||||||
Group 1 Automotive, Inc. (Specialty Retail) | 438 | 74,376 | ||||||
Guess?, Inc. (Specialty Retail) | 942 | 21,685 | ||||||
H.B. Fuller Co. (Chemicals) | 686 | 49,234 | ||||||
Hanger, Inc.* (Health Care Providers & Services) | 889 | 16,118 | ||||||
Hanmi Financial Corp. (Banks) | 322 | 8,655 | ||||||
Harmony Biosciences Holdings, Inc.* (Pharmaceuticals) | 242 | 8,678 | ||||||
Harsco Corp.* (Machinery) | 1,913 | 30,034 | ||||||
Haverty Furniture Cos., Inc. (Specialty Retail) | 361 | 10,657 | ||||||
Hawaiian Holdings, Inc.* (Airlines) | 1,238 | 21,170 | ||||||
Hawkins, Inc. (Chemicals) | 209 | 7,800 | ||||||
Haynes International, Inc. (Metals & Mining) | 132 | 4,966 | ||||||
Healthcare Services Group, Inc. (Commercial Services & Supplies) | 1,801 | 32,760 | ||||||
HealthStream, Inc.* (Health Care Technology) | 282 | 6,867 | ||||||
Heartland Express, Inc. (Road & Rail) | 1,123 | 16,800 | ||||||
Helix Energy Solutions Group, Inc.* (Energy Equipment & Services) | 3,429 | 12,104 | ||||||
Helmerich & Payne, Inc. (Energy Equipment & Services) | 2,605 | 74,765 | ||||||
Heritage Financial Corp. (Banks) | 850 | 20,621 | ||||||
Hersha Hospitality Trust* (Equity Real Estate Investment Trusts) | 799 | 7,207 | ||||||
Hillenbrand, Inc. (Machinery) | 811 | 37,695 | ||||||
Hilltop Holdings, Inc. (Banks) | 720 | 23,782 | ||||||
HNI Corp. (Commercial Services & Supplies) | 1,053 | 44,163 | ||||||
Hope Bancorp, Inc. (Banks) | 2,904 | 48,642 | ||||||
Horace Mann Educators Corp. (Insurance) | 1,002 | 38,086 | ||||||
Hostess Brands, Inc.* (Food Products) | 3,312 | 67,963 | ||||||
Hub Group, Inc.*—Class A (Air Freight & Logistics) | 820 | 62,091 | ||||||
Ichor Holdings, Ltd.* (Semiconductors & Semiconductor Equipment) | 297 | 12,599 | ||||||
Independent Bank Corp. (Banks) | 665 | 56,093 | ||||||
Independent Bank Group, Inc. (Banks) | 892 | 67,721 | ||||||
Industrial Logistics Properties Trust (Equity Real Estate Investment Trusts) | 932 | 21,371 | ||||||
Innospec, Inc. (Chemicals) | 595 | 55,311 | ||||||
Inogen, Inc.* (Health Care Equipment & Supplies) | 493 | 14,657 | ||||||
Insight Enterprises, Inc.* (Electronic Equipment, Instruments & Components) | 842 | 79,274 | ||||||
Integer Holdings Corp.* (Health Care Equipment & Supplies) | 797 | 62,492 | ||||||
InterDigital, Inc. (Communications Equipment) | 357 | 24,644 | ||||||
Interface, Inc. (Commercial Services & Supplies) | 786 | 10,422 | ||||||
Invesco Mortgage Capital, Inc. (Mortgage Real Estate Investment Trusts) | 7,534 | 20,191 | ||||||
iRobot Corp.* (Household Durables) | 294 | 19,263 | ||||||
iStar, Inc. (Equity Real Estate Investment Trusts) | 739 | 15,866 | ||||||
Itron, Inc.* (Electronic Equipment, Instruments & Components) | 1,094 | 67,828 | ||||||
J & J Snack Foods Corp. (Food Products) | 202 | 30,641 | ||||||
James River Group Holdings, Ltd. (Insurance) | 900 | 25,488 | ||||||
John B Sanfilippo & Son, Inc. (Food Products) | 214 | 16,927 | ||||||
John Bean Technologies Corp. (Machinery) | 278 | 37,530 | ||||||
Kaiser Aluminum Corp. (Metals & Mining) | 384 | 36,768 | ||||||
Kaman Corp.—Class A (Trading Companies & Distributors) | 671 | 26,820 | ||||||
KAR Auction Services, Inc.* (Commercial Services & Supplies) | 2,926 | 41,608 | ||||||
Kelly Services, Inc.—Class A (Professional Services) | 870 | 14,860 | ||||||
KKR Real Estate Finance Trust, Inc. (Mortgage Real Estate Investment Trusts) | 655 | 13,978 | ||||||
Knowles Corp.* (Electronic Equipment, Instruments & Components) | 1,339 | 28,400 | ||||||
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 563 | 27,750 | ||||||
Koppers Holdings, Inc.* (Chemicals) | 515 | 15,388 | ||||||
Kraton Corp.* (Chemicals) | 777 | 36,037 | ||||||
Lantheus Holdings, Inc.* (Health Care Equipment & Supplies) | 670 | 17,025 | ||||||
Laredo Petroleum, Inc.* (Oil, Gas & Consumable Fuels) | 115 | 7,723 | ||||||
La-Z-Boy, Inc. (Household Durables) | 1,071 | 39,316 | ||||||
LCI Industries (Auto Components) | 202 | 24,879 | ||||||
LendingTree, Inc.* (Thrifts & Mortgage Finance) | 278 | 33,872 | ||||||
Lindsay Corp. (Machinery) | 108 | 13,635 | ||||||
LivePerson, Inc.* (Software) | 604 | 18,041 | ||||||
LL Flooring Holdings, Inc.* (Specialty Retail) | 704 | 10,166 |
See accompanying notes to the financial statements.
130 :: Small-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Loyalty Ventures, Inc.* (Media) | 482 | $ | 14,127 | |||||
LTC Properties, Inc. (Equity Real Estate Investment Trusts) | 951 | 34,303 | ||||||
LXP Industrial Trust (Equity Real Estate Investment Trusts) | 3,415 | 50,849 | ||||||
M.D.C Holdings, Inc. (Household Durables) | 1,365 | 69,192 | ||||||
M/I Homes, Inc.* (Household Durables) | 703 | 37,252 | ||||||
ManTech International Corp.—Class A (Professional Services) | 666 | 48,112 | ||||||
Marcus & Millichap, Inc.* (Real Estate Management & Development) | 265 | 12,405 | ||||||
Marten Transport, Ltd. (Road & Rail) | 1,443 | 24,084 | ||||||
Materion Corp. (Metals & Mining) | 207 | 17,150 | ||||||
Matthews International Corp.—Class A (Commercial Services & Supplies) | 763 | 26,797 | ||||||
MAX Holdings, Inc. (Real Estate Management & Development) | 456 | 13,571 | ||||||
MEDNAX, Inc.* (Health Care Providers & Services) | 2,089 | 51,076 | ||||||
Mercer International, Inc. (Paper & Forest Products) | 973 | 11,822 | ||||||
Meridian Bioscience, Inc.* (Health Care Equipment & Supplies) | 378 | 7,881 | ||||||
Merit Medical Systems, Inc.* (Health Care Equipment & Supplies) | 528 | 29,278 | ||||||
Meritage Homes Corp.* (Household Durables) | 478 | 48,770 | ||||||
Meritor, Inc.* (Machinery) | 1,694 | 39,047 | ||||||
Mesa Laboratories, Inc. (Health Care Equipment & Supplies) | 50 | 14,217 | ||||||
Methode Electronics, Inc. (Electronic Equipment, Instruments & Components) | 517 | 22,764 | ||||||
Middlesex Water Co. (Water Utilities) | 131 | 13,262 | ||||||
ModivCare, Inc.* (Health Care Providers & Services) | 128 | 14,839 | ||||||
Monro, Inc. (Specialty Retail) | 461 | 22,926 | ||||||
Moog, Inc.—Class A (Aerospace & Defense) | 707 | 53,901 | ||||||
Motorcar Parts of America, Inc.* (Auto Components) | 464 | 7,670 | ||||||
Mr Cooper Group, Inc.* (Thrifts & Mortgage Finance) | 1,814 | 72,831 | ||||||
Myers Industries, Inc. (Containers & Packaging) | 498 | 8,999 | ||||||
Myriad Genetics, Inc.* (Biotechnology) | 926 | 24,345 | ||||||
Nabors Industries, Ltd.* (Energy Equipment & Services) | 187 | 19,356 | ||||||
National Bank Holdings Corp. (Banks) | 307 | 13,938 | ||||||
National Beverage Corp. (Beverages) | 242 | 10,810 | ||||||
National Presto Industries, Inc. (Aerospace & Defense) | 123 | 10,117 | ||||||
Natus Medical, Inc.* (Health Care Equipment & Supplies) | 824 | 18,985 | ||||||
NBT Bancorp, Inc. (Banks) | 1,046 | 40,459 | ||||||
Neenah, Inc. (Paper & Forest Products) | 404 | 18,624 | ||||||
Nektar Therapeutics* (Pharmaceuticals) | 2,452 | 27,267 | ||||||
NeoGenomics, Inc.* (Life Sciences Tools & Services) | 1,339 | 30,181 | ||||||
NETGEAR, Inc.* (Communications Equipment) | 707 | 19,563 | ||||||
NetScout Systems, Inc.* (Communications Equipment) | 1,785 | 56,317 | ||||||
New York Mortgage Trust, Inc. (Mortgage Real Estate Investment Trusts) | 9,164 | 34,365 | ||||||
NextGen Healthcare, Inc.* (Health Care Technology) | 1,388 | 26,802 | ||||||
NMI Holdings, Inc.*—Class A (Thrifts & Mortgage Finance) | 2,070 | 51,212 | ||||||
Northfield Bancorp, Inc. (Thrifts & Mortgage Finance) | 442 | 6,966 | ||||||
Northwest Bancshares, Inc. (Thrifts & Mortgage Finance) | 3,056 | 43,120 | ||||||
Northwest Natural Holding Co. (Gas Utilities) | 743 | 35,174 | ||||||
NOW, Inc.* (Trading Companies & Distributors) | 2,671 | 23,745 | ||||||
Oceaneering International, Inc.* (Energy Equipment & Services) | 2,410 | 31,402 | ||||||
Office Properties Income Trust (Equity Real Estate Investment Trusts) | 1,171 | 29,837 | ||||||
OFG Bancorp (Banks) | 603 | 16,685 | ||||||
O-I Glass, Inc.* (Containers & Packaging) | 3,788 | 50,418 | ||||||
Oil States International, Inc.* (Energy Equipment & Services) | 1,487 | 9,323 | ||||||
Old National Bancorp (Banks) | 4,003 | 73,375 | ||||||
Olympic Steel, Inc. (Metals & Mining) | 224 | 4,769 | ||||||
OneSpan, Inc.* (Software) | 424 | 6,809 | ||||||
OraSure Technologies, Inc.* (Health Care Equipment & Supplies) | 1,740 | 15,399 | ||||||
Orion Office REIT, Inc.* (Equity Real Estate Investment Trusts) | 1,308 | 21,765 | ||||||
Orthofix Medical, Inc.* (Health Care Equipment & Supplies) | 477 | 14,501 | ||||||
OSI Systems, Inc.* (Electronic Equipment, Instruments & Components) | 229 | 18,993 | ||||||
Owens & Minor, Inc. (Health Care Providers & Services) | 1,823 | 76,729 | ||||||
Oxford Industries, Inc. (Textiles, Apparel & Luxury Goods) | 137 | 11,287 | ||||||
Pacific Premier Bancorp, Inc. (Banks) | 1,276 | 48,807 | ||||||
Pacira BioSciences, Inc.* (Pharmaceuticals) | 420 | 26,363 | ||||||
Par Pacific Holdings, Inc.* (Oil, Gas & Consumable Fuels) | 1,104 | 15,566 | ||||||
Park Aerospace Corp. (Aerospace & Defense) | 263 | 3,558 | ||||||
Park National Corp. (Banks) | 129 | 17,474 | ||||||
Patrick Industries, Inc. (Auto Components) | 289 | 18,612 | ||||||
Patterson-UTI Energy, Inc. (Energy Equipment & Services) | 5,197 | 51,762 | ||||||
PBF Energy, Inc.*—Class A (Oil, Gas & Consumable Fuels) | 2,295 | 36,353 | ||||||
PC Connection, Inc. (Electronic Equipment, Instruments & Components) | 265 | 11,488 | ||||||
PDF Solutions, Inc.* (Semiconductors & Semiconductor Equipment) | 267 | 7,938 | ||||||
PennyMac Mortgage Investment Trust (Mortgage Real Estate Investment Trusts) | 2,342 | 41,734 | ||||||
Perdoceo Education Corp.* (Diversified Consumer Services) | 1,695 | 18,679 | ||||||
PetMed Express, Inc. (Internet & Direct Marketing Retail) | 506 | 13,070 | ||||||
PGT Innovations, Inc.* (Building Products) | 792 | 15,040 | ||||||
Phibro Animal Health Corp.—Class A (Pharmaceuticals) | 491 | 9,476 | ||||||
Photronics, Inc.* (Semiconductors & Semiconductor Equipment) | 1,478 | 26,427 | ||||||
Pitney Bowes, Inc. (Commercial Services & Supplies) | 4,000 | 24,640 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Value ProFund :: 131
Common Stocks, continued
Shares | Value | |||||||
Plantronics, Inc.* (Communications Equipment) | 536 | $ | 14,284 | |||||
Plexus Corp.* (Electronic Equipment, Instruments & Components) | 682 | 52,869 | ||||||
Powell Industries, Inc. (Electrical Equipment) | 218 | 6,509 | ||||||
PRA Group, Inc.* (Consumer Finance) | 1,053 | 48,965 | ||||||
Prestige Consumer Healthcare, Inc.* (Pharmaceuticals) | 569 | 32,121 | ||||||
PriceSmart, Inc. (Food & Staples Retailing) | 581 | 41,489 | ||||||
ProAssurance Corp. (Insurance) | 1,304 | 31,244 | ||||||
ProPetro Holding Corp.* (Energy Equipment & Services) | 2,049 | 21,535 | ||||||
Proto Labs, Inc.* (Machinery) | 666 | 33,420 | ||||||
Provident Financial Services, Inc. (Thrifts & Mortgage Finance) | 1,007 | 24,339 | ||||||
Quaker Chemical Corp. (Chemicals) | 135 | 28,238 | ||||||
Quanex Building Products Corp. (Building Products) | 810 | 17,650 | ||||||
QuinStreet, Inc.* (Interactive Media & Services) | 1,205 | 19,389 | ||||||
Range Resources Corp.* (Oil, Gas & Consumable Fuels) | 1,871 | 36,017 | ||||||
Rayonier Advanced Materials, Inc.* (Chemicals) | 1,543 | 9,613 | ||||||
Ready Capital Corp. (Mortgage Real Estate Investment Trusts) | 1,422 | 20,249 | ||||||
Realogy Holdings Corp.* (Real Estate Management & Development) | 2,816 | 46,463 | ||||||
Red Robin Gourmet Burgers, Inc.* (Hotels, Restaurants & Leisure) | 381 | 5,620 | ||||||
REGENXBIO, Inc.* (Biotechnology) | 500 | 13,200 | ||||||
Renasant Corp. (Banks) | 1,346 | 49,506 | ||||||
Renewable Energy Group, Inc.* (Oil, Gas & Consumable Fuels) | 1,214 | 48,875 | ||||||
Rent-A-Center, Inc. (Specialty Retail) | 759 | 31,992 | ||||||
Resideo Technologies, Inc.* (Building Products) | 3,486 | 86,384 | ||||||
Resources Connection, Inc. (Professional Services) | 754 | 13,142 | ||||||
Retail Opportunity Investments Corp. (Equity Real Estate Investment Trusts) | 1,496 | 27,721 | ||||||
REX American Resources Corp.* (Oil, Gas & Consumable Fuels) | 127 | 12,247 | ||||||
RPC, Inc.* (Energy Equipment & Services) | 1,728 | 10,212 | ||||||
RPT Realty (Equity Real Estate Investment Trusts) | 998 | 12,595 | ||||||
Ruth’s Hospitality Group, Inc.* (Hotels, Restaurants & Leisure) | 768 | 15,383 | ||||||
S&T Bancorp, Inc. (Banks) | 950 | 29,270 | ||||||
Safety Insurance Group, Inc. (Insurance) | 344 | 28,322 | ||||||
Sally Beauty Holdings, Inc.* (Specialty Retail) | 1,529 | 26,253 | ||||||
Sanmina Corp.* (Electronic Equipment, Instruments & Components) | 1,555 | 58,810 | ||||||
Saul Centers, Inc. (Equity Real Estate Investment Trusts) | 98 | 4,839 | ||||||
ScanSource, Inc.* (Electronic Equipment, Instruments & Components) | 617 | 19,238 | ||||||
Scholastic Corp. (Media) | 736 | 30,191 | ||||||
Schweitzer-Mauduit International, Inc. (Paper & Forest Products) | 759 | 22,975 | ||||||
Seacoast Banking Corp. of Florida (Banks) | 677 | 24,711 | ||||||
Select Medical Holdings Corp. (Health Care Providers & Services) | 2,560 | 59,469 | ||||||
Selectquote, Inc.* (Insurance) | 1,537 | 11,358 | ||||||
Seneca Foods Corp.*—Class A (Food Products) | 151 | 7,059 | ||||||
Service Properties Trust (Equity Real Estate Investment Trusts) | 3,989 | 34,106 | ||||||
Shake Shack, Inc.*—Class A (Hotels, Restaurants & Leisure) | 426 | 28,146 | ||||||
Shenandoah Telecommunications Co. (Wireless Telecommunication Services) | 1,207 | 27,483 | ||||||
Simmons First National Corp.—Class A (Banks) | 2,774 | 79,336 | ||||||
Simulations Plus, Inc. (Health Care Technology) | 151 | 6,421 | ||||||
SiriusPoint, Ltd.* (Insurance) | 2,115 | 17,914 | ||||||
SITE Centers Corp. (Equity Real Estate Investment Trusts) | 1,950 | 28,880 | ||||||
SkyWest, Inc.* (Airlines) | 1,217 | 46,429 | ||||||
SMART Global Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 218 | 12,504 | ||||||
Sonic Automotive, Inc.—Class A (Specialty Retail) | 501 | 25,556 | ||||||
South Jersey Industries, Inc. (Gas Utilities) | 2,716 | 67,954 | ||||||
Southside Bancshares, Inc. (Banks) | 290 | 12,151 | ||||||
Southwestern Energy Co.* (Oil, Gas & Consumable Fuels) | 8,830 | 38,852 | ||||||
SpartanNash Co. (Food & Staples Retailing) | 867 | 21,302 | ||||||
Spectrum Pharmaceuticals, Inc.* (Biotechnology) | 1,711 | 1,200 | ||||||
SPX Corp.* (Machinery) | 636 | 33,186 | ||||||
SPX FLOW, Inc. (Machinery) | 395 | 34,049 | ||||||
Standard Motor Products, Inc. (Auto Components) | 463 | 22,164 | ||||||
Standex International Corp. (Machinery) | 153 | 15,201 | ||||||
Stepan Co. (Chemicals) | 515 | 56,732 | ||||||
Steven Madden, Ltd. (Textiles, Apparel & Luxury Goods) | 611 | 25,137 | ||||||
Stewart Information Services Corp. (Insurance) | 331 | 23,643 | ||||||
StoneX Group, Inc.* (Capital Markets) | 406 | 26,637 | ||||||
Strategic Education, Inc. (Diversified Consumer Services) | 547 | 32,634 | ||||||
Summit Hotel Properties, Inc.* (Equity Real Estate Investment Trusts) | 2,574 | 24,247 | ||||||
SunCoke Energy, Inc. (Metals & Mining) | 2,008 | 13,755 | ||||||
Surmodics, Inc.* (Health Care Equipment & Supplies) | 117 | 5,345 | ||||||
Sylvamo Corp.* (Paper & Forest Products) | 852 | 25,382 | ||||||
Tabula Rasa HealthCare, Inc.* (Health Care Technology) | 288 | 3,108 | ||||||
Tactile Systems Technology, Inc.* (Health Care Equipment & Supplies) | 479 | 7,554 | ||||||
Talos Energy, Inc.* (Oil, Gas & Consumable Fuels) | 989 | 10,523 | ||||||
Telephone and Data Systems, Inc. (Wireless Telecommunication Services) | 2,386 | 47,243 | ||||||
Tennant Co. (Machinery) | 254 | 19,601 | ||||||
The Andersons, Inc. (Food & Staples Retailing) | 748 | 28,499 | ||||||
The Cato Corp.—Class A (Specialty Retail) | 473 | 7,814 |
See accompanying notes to the financial statements.
132 :: Small-Cap Value ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
The Cheesecake Factory, Inc.* (Hotels, Restaurants & Leisure) | 1,171 | $ | 41,781 | |||||
The E.W. Scripps Co.*—Class A (Media) | 747 | 15,314 | ||||||
The Ensign Group, Inc. (Health Care Providers & Services) | 582 | 43,900 | ||||||
The GEO Group, Inc.* (Equity Real Estate Investment Trusts) | 2,961 | 19,928 | ||||||
The Greenbrier Cos., Inc. (Machinery) | 786 | 31,723 | ||||||
The Marcus Corp.* (Entertainment) | 528 | 8,897 | ||||||
The ODP Corp.* (Specialty Retail) | 1,108 | 49,007 | ||||||
The Pennant Group, Inc.* (Health Care Providers & Services) | 318 | 5,285 | ||||||
TimkenSteel Corp.* (Metals & Mining) | 994 | 13,946 | ||||||
Titan International, Inc.* (Machinery) | 1,237 | 12,061 | ||||||
Tivity Health, Inc.* (Health Care Providers & Services) | 568 | 14,450 | ||||||
Tompkins Financial Corp. (Banks) | 161 | 12,809 | ||||||
Tootsie Roll Industries, Inc. (Food Products) | 209 | 7,096 | ||||||
Tredegar Corp. (Chemicals) | 620 | 7,285 | ||||||
TreeHouse Foods, Inc.* (Food Products) | 1,347 | 52,170 | ||||||
Trinseo PLC (Chemicals) | 939 | 50,274 | ||||||
TrueBlue, Inc.* (Professional Services) | 857 | 22,796 | ||||||
TrustCo Bank Corp. (Thrifts & Mortgage Finance) | 464 | 15,730 | ||||||
Trustmark Corp. (Banks) | 1,511 | 49,228 | ||||||
TTM Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 2,520 | 33,919 | ||||||
Tupperware Brands Corp.* (Household Durables) | 1,181 | 18,211 | ||||||
Two Harbors Investment Corp. (Mortgage Real Estate Investment Trusts) | 8,309 | 47,777 | ||||||
U.S. Ecology, Inc.* (Commercial Services & Supplies) | 760 | 21,721 | ||||||
U.S. Physical Therapy, Inc. (Health Care Providers & Services) | 172 | 16,644 | ||||||
U.S. Silica Holdings, Inc.* (Energy Equipment & Services) | 1,803 | 17,219 | ||||||
Unifi, Inc.* (Textiles, Apparel & Luxury Goods) | 336 | 6,387 | ||||||
UniFirst Corp. (Commercial Services & Supplies) | 368 | 69,953 | ||||||
Unisys Corp.* (IT Services) | 843 | 15,385 | ||||||
United Community Banks, Inc. (Banks) | 910 | 32,205 | ||||||
United Fire Group, Inc. (Insurance) | 521 | 12,994 | ||||||
Uniti Group, Inc. (Equity Real Estate Investment Trusts) | 2,396 | 28,896 | ||||||
Unitil Corp. (Multi-Utilities) | 386 | 18,119 | ||||||
Universal Corp. (Tobacco) | 594 | 32,331 | ||||||
Universal Electronics, Inc.* (Household Durables) | 314 | 11,144 | ||||||
Universal Health Realty Income Trust (Equity Real Estate Investment Trusts) | 142 | 8,279 | ||||||
Universal Insurance Holdings, Inc. (Insurance) | 677 | 11,671 | ||||||
Urstadt Biddle Properties, Inc.—Class A (Equity Real Estate Investment Trusts) | 334 | 6,576 | ||||||
USANA Health Sciences, Inc.* (Personal Products) | 94 | 8,985 | ||||||
Vanda Pharmaceuticals, Inc.* (Biotechnology) | 484 | 7,337 | ||||||
Varex Imaging Corp.* (Health Care Equipment & Supplies) | 343 | 8,952 | ||||||
Vera Bradley, Inc.* (Textiles, Apparel & Luxury Goods) | 618 | 5,061 | ||||||
Veris Residential, Inc.* (Equity Real Estate Investment Trusts) | 1,932 | 31,878 | ||||||
Veritiv Corp.* (Trading Companies & Distributors) | 335 | 31,182 | ||||||
Viad Corp.* (Commercial Services & Supplies) | 232 | 8,739 | ||||||
Viavi Solutions, Inc.* (Communications Equipment) | 2,181 | 35,899 | ||||||
Wabash National Corp. (Machinery) | 1,195 | 23,446 | ||||||
Warrior Met Coal, Inc. (Metals & Mining) | 1,242 | 32,540 | ||||||
Washington Real Estate Investment Trust (Equity Real Estate Investment Trusts) | 1,145 | 28,190 | ||||||
WD-40 Co. (Household Products) | 138 | 30,672 | ||||||
Westamerica Bancorp (Banks) | 650 | 37,752 | ||||||
Whitestone REIT (Equity Real Estate Investment Trusts) | 1,116 | 11,394 | ||||||
Winnebago Industries, Inc. (Automobiles) | 395 | 25,485 | ||||||
WisdomTree Investments, Inc. (Capital Markets) | 1,001 | 5,616 | ||||||
Wolverine World Wide, Inc. (Textiles, Apparel & Luxury Goods) | 1,075 | 28,477 | ||||||
World Fuel Services Corp. (Oil, Gas & Consumable Fuels) | 1,527 | 43,077 | ||||||
WSFS Financial Corp. (Thrifts & Mortgage Finance) | 886 | 46,409 | ||||||
WW International, Inc.* (Diversified Consumer Services) | 1,285 | 16,191 | ||||||
Xenia Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 2,759 | 47,841 | ||||||
Xperi Holding Corp. (Software) | 1,212 | 20,446 | ||||||
Zumiez, Inc.* (Specialty Retail) | 517 | 23,239 | ||||||
TOTAL COMMON STOCKS (Cost $10,134,724) | 12,330,072 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $10,134,724)—100.5% | 12,330,072 | |||||||
Net other assets (liabilities)—(0.5)% | (56,829 | ) | ||||||
NET ASSETS—100.0% | $ | 12,273,243 |
* | Non-income producing security. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Small-Cap Value ProFund :: 133
Small-Cap Value ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 147,966 | 1.2 | % | ||||
Air Freight & Logistics | 114,546 | 0.9 | % | |||||
Airlines | 132,988 | 1.1 | % | |||||
Auto Components | 125,439 | 1.0 | % | |||||
Automobiles | 25,485 | 0.2 | % | |||||
Banks | 1,516,244 | 12.3 | % | |||||
Beverages | 10,810 | 0.1 | % | |||||
Biotechnology | 116,848 | 0.9 | % | |||||
Building Products | 240,191 | 2.0 | % | |||||
Capital Markets | 42,942 | 0.3 | % | |||||
Chemicals | 408,172 | 3.3 | % | |||||
Commercial Services & Supplies | 412,316 | 3.4 | % | |||||
Communications Equipment | 178,533 | 1.5 | % | |||||
Construction & Engineering | 94,293 | 0.8 | % | |||||
Consumer Finance | 118,520 | 1.0 | % | |||||
Containers & Packaging | 59,417 | 0.5 | % | |||||
Diversified Consumer Services | 112,514 | 0.9 | % | |||||
Diversified Telecommunication Services | 44,579 | 0.4 | % | |||||
Electrical Equipment | 35,057 | 0.3 | % | |||||
Electronic Equipment, Instruments & Components | 502,136 | 4.1 | % | |||||
Energy Equipment & Services | 350,525 | 2.9 | % | |||||
Entertainment | 27,545 | 0.2 | % | |||||
Equity Real Estate Investment Trusts | 1,000,651 | 8.1 | % | |||||
Food & Staples Retailing | 114,744 | 0.9 | % | |||||
Food Products | 305,933 | 2.5 | % | |||||
Gas Utilities | 131,051 | 1.1 | % | |||||
Health Care Equipment & Supplies | 352,699 | 2.9 | % | |||||
Health Care Providers & Services | 361,195 | 2.9 | % | |||||
Health Care Technology | 89,740 | 0.7 | % | |||||
Hotels, Restaurants & Leisure | 237,854 | 1.9 | % | |||||
Household Durables | 256,535 | 2.1 | % | |||||
Household Products | 83,604 | 0.7 | % | |||||
Insurance | 461,895 | 3.8 | % | |||||
Interactive Media & Services | 31,837 | 0.3 | % | |||||
Internet & Direct Marketing Retail | 13,070 | 0.1 | % | |||||
IT Services | 54,481 | 0.4 | % | |||||
Life Sciences Tools & Services | 30,181 | 0.2 | % | |||||
Machinery | 676,997 | 5.5 | % | |||||
Media | 100,104 | 0.8 | % | |||||
Metals & Mining | 321,579 | 2.6 | % | |||||
Mortgage Real Estate Investment Trusts | 285,156 | 2.3 | % | |||||
Multiline Retail | 32,941 | 0.3 | % | |||||
Multi-Utilities | 94,145 | 0.8 | % | |||||
Oil, Gas & Consumable Fuels | 305,427 | 2.5 | % | |||||
Paper & Forest Products | 110,193 | 0.9 | % | |||||
Personal Products | 69,120 | 0.6 | % | |||||
Pharmaceuticals | 131,677 | 1.1 | % | |||||
Professional Services | 98,910 | 0.8 | % | |||||
Real Estate Management & Development | 109,875 | 0.9 | % | |||||
Road & Rail | 40,884 | 0.3 | % | |||||
Semiconductors & Semiconductor Equipment | 105,602 | 0.9 | % | |||||
Software | 115,573 | 0.9 | % | |||||
Specialty Retail | 530,635 | 4.3 | % | |||||
Textiles, Apparel & Luxury Goods | 145,512 | 1.2 | % | |||||
Thrifts & Mortgage Finance | 329,205 | 2.7 | % | |||||
Tobacco | 32,331 | 0.3 | % | |||||
Trading Companies & Distributors | 203,479 | 1.7 | % | |||||
Water Utilities | 73,465 | 0.6 | % | |||||
Wireless Telecommunication Services | 74,726 | 0.6 | % | |||||
Other** | (56,829 | ) | (0.5 | )% | ||||
Total | $ | 12,273,243 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
134 :: Technology UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (70.6%)
Shares | Value | |||||||
ACI Worldwide, Inc.* (Software) | 541 | $ | 18,594 | |||||
Adobe, Inc.* (Software) | 2,183 | 1,166,376 | ||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 5,539 | 632,831 | ||||||
Akamai Technologies, Inc.* (IT Services) | 746 | 85,454 | ||||||
Allegro MicroSystems, Inc.* (Semiconductors & Semiconductor Equipment) | 254 | 7,209 | ||||||
Alphabet, Inc.*—Class A (Interactive Media & Services) | 1,379 | 3,731,670 | ||||||
Alphabet, Inc.*—Class C (Interactive Media & Services) | 1,283 | 3,482,024 | ||||||
Alteryx, Inc.* (Software) | 275 | 15,694 | ||||||
Amdocs, Ltd. (IT Services) | 580 | 44,016 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 462 | 10,173 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 2,466 | 404,350 | ||||||
Anaplan, Inc.* (Software) | 672 | 32,444 | ||||||
Angi, Inc.* (Interactive Media & Services) | 342 | 2,934 | ||||||
ANSYS, Inc.* (Software) | 400 | 136,004 | ||||||
Appian Corp.* (Software) | 182 | 10,259 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 71,483 | 12,493,798 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 4,143 | 572,480 | ||||||
AppLovin Corp.*—Class A (Software) | 124 | 7,988 | ||||||
Arista Networks, Inc.* (Communications Equipment) | 1,028 | 127,791 | ||||||
Asana, Inc.*—Class A (Software) | 372 | 19,523 | ||||||
Aspen Technology, Inc.* (Software) | 308 | 46,249 | ||||||
Autodesk, Inc.* (Software) | 1,009 | 252,038 | ||||||
Avalara, Inc.* (Software) | 398 | 43,629 | ||||||
Azenta, Inc. (Semiconductors & Semiconductor Equipment) | 341 | 28,760 | ||||||
Bentley Systems, Inc.—Class B (Software) | 847 | 34,024 | ||||||
Bill.com Holdings, Inc.* (Software) | 418 | 78,672 | ||||||
Black Knight, Inc.* (IT Services) | 712 | 53,115 | ||||||
Blackbaud, Inc.* (Software) | 192 | 13,083 | ||||||
Blackline, Inc.* (Software) | 245 | 22,508 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 1,888 | 1,106,141 | ||||||
Bumble, Inc.*—Class A (Interactive Media & Services) | 335 | 9,886 | ||||||
Cadence Design Systems, Inc.* (Software) | 1,272 | 193,522 | ||||||
Cargurus, Inc.* (Interactive Media & Services) | 404 | 12,888 | ||||||
CCC Intelligent Solutions Holdings, Inc.* (Software) | 278 | 2,963 | ||||||
CDK Global, Inc. (Software) | 545 | 23,419 | ||||||
CDW Corp. (Electronic Equipment, Instruments & Components) | 623 | 117,778 | ||||||
Ceridian HCM Holding, Inc.* (Software) | 625 | 47,388 | ||||||
Cerner Corp. (Health Care Technology) | 1,348 | 122,938 | ||||||
Chewy, Inc.*—Class A (Internet & Direct Marketing Retail) | 407 | 19,377 | ||||||
Ciena Corp.* (Communications Equipment) | 711 | 47,146 | ||||||
Cirrus Logic, Inc.* (Semiconductors & Semiconductor Equipment) | 261 | 23,344 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 19,350 | 1,077,215 | ||||||
Citrix Systems, Inc. (Software) | 572 | 58,310 | ||||||
Clear Secure, Inc.*—Class A (Software) | 64 | 1,580 | ||||||
Cloudflare, Inc.*—Class A (Software) | 1,256 | 121,078 | ||||||
Cognizant Technology Solutions Corp.— Class A (IT Services) | 2,411 | 205,948 | ||||||
Confluent, Inc.*—Class A (Software) | 282 | 18,440 | ||||||
Consensus Cloud Solutions, Inc.* (Software) | 75 | 4,253 | ||||||
Coupa Software, Inc.* (Software) | 339 | 45,518 | ||||||
Crowdstrike Holdings, Inc.*—Class A (Software) | 945 | 170,705 | ||||||
Datadog, Inc.*—Class A (Software) | 1,179 | 172,264 | ||||||
Dell Technologies, Inc.*—Class C (Technology Hardware, Storage & Peripherals) | 1,335 | 75,841 | ||||||
Digital Turbine, Inc.* (Software) | 404 | 17,837 | ||||||
DocuSign, Inc.* (Software) | 902 | 113,445 | ||||||
Dolby Laboratories, Inc.—Class A (Electronic Equipment, Instruments & Components) | 300 | 26,355 | ||||||
DoorDash, Inc.*—Class A (Internet & Direct Marketing Retail) | 743 | 84,323 | ||||||
Dropbox, Inc.* (Software) | 1,296 | 32,076 | ||||||
Duck Creek Technologies, Inc.* (Software) | 347 | 8,866 | ||||||
DXC Technology Co.* (IT Services) | 1,159 | 34,863 | ||||||
Dynatrace, Inc.* (Software) | 903 | 49,539 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 2,872 | 172,522 | ||||||
Elastic NV* (Software) | 330 | 30,773 | ||||||
Enphase Energy, Inc.* (Semiconductors & Semiconductor Equipment) | 619 | 86,951 | ||||||
Entegris, Inc. (Semiconductors & Semiconductor Equipment) | 622 | 74,540 | ||||||
EPAM Systems, Inc.* (IT Services) | 259 | 123,320 | ||||||
Etsy, Inc.* (Internet & Direct Marketing Retail) | 581 | 91,263 | ||||||
F5, Inc.* (Communications Equipment) | 277 | 57,511 | ||||||
Fair Isaac Corp.* (Software) | 125 | 61,874 | ||||||
Fastly, Inc.*—Class A (IT Services) | 492 | 14,101 | ||||||
Five9, Inc.* (Software) | 313 | 39,344 | ||||||
Fortinet, Inc.* (Software) | 623 | 185,181 | ||||||
Garmin, Ltd. (Household Durables) | 698 | 86,845 | ||||||
Gartner, Inc.* (IT Services) | 377 | 110,797 | ||||||
GLOBALFOUNDRIES, Inc.* (Semiconductors & Semiconductor Equipment) | 246 | 12,138 | ||||||
GoDaddy, Inc.*—Class A (IT Services) | 763 | 57,767 | ||||||
Guidewire Software, Inc.* (Software) | 384 | 38,723 | ||||||
Hewlett Packard Enterprises Co. (Technology Hardware, Storage & Peripherals) | 6,002 | 98,013 | ||||||
HP, Inc. (Technology Hardware, Storage & Peripherals) | 5,289 | 194,265 | ||||||
HubSpot, Inc.* (Software) | 206 | 100,693 | ||||||
IAC/InterActive Corp.* (Interactive Media & Services) | 385 | 52,568 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 18,660 | 910,981 | ||||||
International Business Machines Corp. (IT Services) | 4,114 | 549,507 | ||||||
Intuit, Inc. (Software) | 1,299 | 721,243 | ||||||
Juniper Networks, Inc. (Communications Equipment) | 1,494 | 52,021 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 696 | 270,932 | ||||||
Kyndryl Holdings, Inc.* (IT Services) | 823 | 13,892 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 645 | 380,498 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Technology UltraSector ProFund :: 135
Common Stocks, continued
Shares | Value | |||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 629 | $ | 34,733 | |||||
Liberty Global PLC*—Class A (Media) | 815 | 22,103 | ||||||
Liberty Global PLC*—Class C (Media) | 1,526 | 41,263 | ||||||
Lumen Technologies, Inc. (Diversified Telecommunication Services) | 4,229 | 52,270 | ||||||
Lumentum Holdings, Inc.* (Communications Equipment) | 332 | 33,691 | ||||||
Mandiant, Inc.* (Software) | 1,103 | 16,644 | ||||||
Manhattan Associates, Inc.* (Software) | 290 | 38,822 | ||||||
Marvell Technology, Inc. (Semiconductors & Semiconductor Equipment) | 3,779 | 269,821 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 1,299 | 146,397 | ||||||
Matterport, Inc.* (Software) | 846 | 8,232 | ||||||
McAfee Corp.—Class A (Software) | 346 | 8,875 | ||||||
Meta Platforms, Inc.*—Class A (Interactive Media & Services) | 10,856 | 3,400,751 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 2,546 | 197,264 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 5,132 | 422,210 | ||||||
Microsoft Corp. (Software) | 34,444 | 10,711,394 | ||||||
MicroStrategy, Inc.* (Software) | 40 | 14,720 | ||||||
MKS Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 253 | 39,298 | ||||||
MongoDB, Inc.* (IT Services) | 303 | 122,748 | ||||||
Monolithic Power Systems, Inc. (Semiconductors & Semiconductor Equipment) | 199 | 80,183 | ||||||
Motorola Solutions, Inc. (Communications Equipment) | 775 | 179,754 | ||||||
nCino, Inc.* (Software) | 269 | 12,328 | ||||||
NCR Corp.* (Technology Hardware, Storage & Peripherals) | 609 | 23,179 | ||||||
NetApp, Inc. (Technology Hardware, Storage & Peripherals) | 1,026 | 88,759 | ||||||
New Relic, Inc.* (Software) | 271 | 28,493 | ||||||
NortonLifelock, Inc. (Software) | 2,672 | 69,499 | ||||||
Nuance Communications, Inc.* (Software) | 1,309 | 72,322 | ||||||
Nutanix, Inc.*—Class A (Software) | 971 | 26,547 | ||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 11,469 | 2,808,299 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 1,220 | 250,637 | ||||||
Okta, Inc.* (IT Services) | 678 | 134,169 | ||||||
Omnicell, Inc.* (Health Care Technology) | 203 | 30,478 | ||||||
ON Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 1,976 | 116,584 | ||||||
Oracle Corp. (Software) | 7,397 | 600,341 | ||||||
Palantir Technologies, Inc.*—Class A (Software) | 7,348 | 100,741 | ||||||
Palo Alto Networks, Inc.* (Software) | 450 | 232,830 | ||||||
Paycom Software, Inc.* (Software) | 222 | 74,437 | ||||||
Paylocity Holding Corp.* (Software) | 182 | 37,124 | ||||||
Pegasystems, Inc. (Software) | 187 | 18,554 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 278 | 22,437 | ||||||
Procore Technologies, Inc.* (Software) | 43 | 2,690 | ||||||
PTC, Inc.* (Software) | 485 | 56,386 | ||||||
Pure Storage, Inc.*—Class A (Technology Hardware, Storage & Peripherals) | 1,232 | 32,636 | ||||||
Q2 Holdings, Inc.* (Software) | 260 | 16,965 | ||||||
Qorvo, Inc.* (Semiconductors & Semiconductor Equipment) | 507 | 69,601 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 5,138 | 903,055 | ||||||
Qualtrics International, Inc.*—Class A (Software) | 436 | 12,762 | ||||||
Rapid7, Inc.* (Software) | 258 | 24,853 | ||||||
RingCentral, Inc.*—Class A (Software) | 377 | 66,537 | ||||||
Salesforce.com, Inc.* (Software) | 4,491 | 1,044,740 | ||||||
Seagate Technology Holdings PLC (Technology Hardware, Storage & Peripherals) | 941 | 100,828 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 296 | 21,046 | ||||||
SentinelOne, Inc.*—Class A (Software) | 193 | 8,637 | ||||||
ServiceNow, Inc.* (Software) | 912 | 534,231 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 185 | 30,560 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 758 | 111,062 | ||||||
Smartsheet, Inc.* (Software) | 578 | 35,963 | ||||||
Snap, Inc.* (Interactive Media & Services) | 4,914 | 159,902 | ||||||
Snowflake, Inc.*—Class A (IT Services) | 1,062 | 293,006 | ||||||
SolarEdge Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 240 | 57,173 | ||||||
SolarWinds Corp. (IT Services) | 205 | 2,788 | ||||||
Splunk, Inc.* (Software) | 741 | 91,825 | ||||||
Squarespace, Inc.*—Class A (IT Services) | 131 | 4,341 | ||||||
SS&C Technologies Holdings, Inc. (Software) | 1,016 | 81,148 | ||||||
Synopsys, Inc.* (Software) | 700 | 217,350 | ||||||
TD SYNNEX Corp. (Electronic Equipment, Instruments & Components) | 191 | 19,973 | ||||||
Teradyne, Inc. (Semiconductors & Semiconductor Equipment) | 747 | 87,720 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 4,238 | 760,679 | ||||||
Trade Desk, Inc. (The)* (Software) | 2,000 | 139,080 | ||||||
Twilio, Inc.* (IT Services) | 772 | 159,125 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 3,669 | 137,624 | ||||||
Tyler Technologies, Inc.* (Software) | 189 | 89,548 | ||||||
Ubiquiti, Inc. (Communications Equipment) | 28 | 8,121 | ||||||
UiPath, Inc.*—Class A (Software) | 1,188 | 43,398 | ||||||
Unity Software, Inc.* (Software) | 734 | 77,180 | ||||||
Universal Display Corp. (Semiconductors & Semiconductor Equipment) | 199 | 30,548 | ||||||
Varonis Systems, Inc.* (Software) | 496 | 18,481 | ||||||
Veeva Systems, Inc.*—Class A (Health Care Technology) | 636 | 150,439 | ||||||
Verint Systems, Inc.* (Software) | 301 | 15,450 | ||||||
VeriSign, Inc.* (IT Services) | 442 | 95,994 | ||||||
Viavi Solutions, Inc.* (Communications Equipment) | 1,092 | 17,974 | ||||||
Vimeo, Inc.* (Interactive Media & Services) | 716 | 10,489 | ||||||
VMware, Inc.—Class A (Software) | 924 | 118,716 | ||||||
Western Digital Corp.* (Technology Hardware, Storage & Peripherals) | 1,431 | 74,040 | ||||||
Wolfspeed, Inc.* (Semiconductors & Semiconductor Equipment) | 532 | 50,136 |
See accompanying notes to the financial statements.
136 :: Technology UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Workday, Inc.*—Class A (Software) | 875 | $ | 221,384 | |||||
Workiva, Inc.* (Software) | 208 | 24,602 | ||||||
Xerox Holdings Corp. (Technology Hardware, Storage & Peripherals) | 632 | 13,342 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 1,136 | 219,873 | ||||||
Zendesk, Inc.* (Software) | 553 | 54,476 | ||||||
Ziff Davis, Inc.* (Software) | 222 | 23,323 | ||||||
Zoom Video Communications, Inc.*—Class A (Software) | 994 | 153,354 | ||||||
Zscaler, Inc.* (Software) | 363 | 93,331 | ||||||
TOTAL COMMON STOCKS (Cost $15,397,191) | 59,684,615 |
Repurchase Agreements(a)(b) (28.4%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $23,975,000 | $ | 23,975,000 | $ | 23,975,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $23,975,000) | 23,975,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $39,372,191)—99.0% | 83,659,615 | |||||||
Net other assets (liabilities)—1.0% | 890,655 | |||||||
NET ASSETS—100.0% | $ | 84,550,270 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $11,971,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Technology Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 36,011,338 | $ | 1,309,919 | ||||||||
Dow Jones U.S. Technology Index | UBS AG | 2/23/22 | 0.68 | % | 31,092,546 | 1,141,979 | ||||||||||
$ | 67,103,884 | $ | 2,451,898 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Technology UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Communications Equipment | $ | 1,601,224 | 1.9 | % | ||||
Diversified Telecommunication Services | 52,270 | NM | ||||||
Electronic Equipment, Instruments & Components | 164,106 | 0.2 | % | |||||
Health Care Technology | 303,855 | 0.3 | % | |||||
Household Durables | 86,845 | 0.1 | % | |||||
Interactive Media & Services | 11,147,133 | 13.2 | % | |||||
Internet & Direct Marketing Retail | 367,485 | 0.4 | % | |||||
IT Services | 2,104,951 | 2.5 | % | |||||
Media | 63,366 | 0.1 | % | |||||
Semiconductors & Semiconductor Equipment | 11,104,247 | 13.1 | % | |||||
Software | 19,494,432 | 23.2 | % | |||||
Technology Hardware, Storage & Peripherals | 13,194,701 | 15.6 | % | |||||
Other** | 24,865,655 | 29.4 | % | |||||
Total | $ | 84,550,270 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Telecommunications UltraSector ProFund :: 137
Common Stocks (69.5%)
Shares | Value | |||||||
ADTRAN, Inc. (Communications Equipment) | 109 | $ | 2,094 | |||||
Anterix, Inc.* (Diversified Telecommunication Services) | 42 | 2,153 | ||||||
Arista Networks, Inc.* (Communications Equipment) | 274 | 34,061 | ||||||
AT&T, Inc. (Diversified Telecommunication Services) | 1,486 | 37,892 | ||||||
ATN International, Inc. (Diversified Telecommunication Services) | 25 | 992 | ||||||
Ciena Corp.* (Communications Equipment) | 346 | 22,943 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 3,021 | 168,178 | ||||||
CommScope Holding Co., Inc.* (Communications Equipment) | 456 | 4,282 | ||||||
Comtech Telecommunications Corp. (Communications Equipment) | 59 | 1,199 | ||||||
Consolidated Communications Holdings, Inc.* (Diversified Telecommunication Services) | 161 | 1,158 | ||||||
EchoStar Corp.*—Class A (Communications Equipment) | 86 | 2,037 | ||||||
Extreme Networks, Inc.* (Communications Equipment) | 290 | 3,680 | ||||||
F5, Inc.* (Communications Equipment) | 134 | 27,821 | ||||||
Frontier Communications Parent, Inc.* (Diversified Telecommunication Services) | 465 | 12,397 | ||||||
Garmin, Ltd. (Household Durables) | 247 | 30,732 | ||||||
Globalstar, Inc.* (Diversified Telecommunication Services) | 1,478 | 1,581 | ||||||
Harmonic, Inc.* (Communications Equipment) | 229 | 2,464 | ||||||
IDT Corp.*—Class B (Diversified Telecommunication Services) | 39 | 1,464 | ||||||
Inseego Corp.* (Communications Equipment) | 175 | 798 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 295 | 10,585 | ||||||
Juniper Networks, Inc. (Communications Equipment) | 725 | 25,245 | ||||||
Liberty Global PLC*—Class A (Media) | 394 | 10,685 | ||||||
Liberty Global PLC*—Class C (Media) | 741 | 20,037 | ||||||
Liberty Latin America, Ltd.*—Class A (Media) | 91 | 996 | ||||||
Liberty Latin America, Ltd.*—Class C (Media) | 347 | 3,751 | ||||||
Lumen Technologies, Inc. (Diversified Telecommunication Services) | 2,056 | 25,412 | ||||||
Lumentum Holdings, Inc.* (Communications Equipment) | 162 | 16,440 | ||||||
Motorola Solutions, Inc. (Communications Equipment) | 136 | 31,544 | ||||||
NETGEAR, Inc.* (Communications Equipment) | 65 | 1,799 | ||||||
NetScout Systems, Inc.* (Communications Equipment) | 164 | 5,174 | ||||||
Plantronics, Inc.* (Communications Equipment) | 95 | 2,532 | ||||||
Radius Global Infrastructure, Inc.*—Class A (Diversified Telecommunication Services) | 129 | 1,775 | ||||||
Ribbon Communications, Inc.* (Communications Equipment) | 269 | 1,211 | ||||||
Shenandoah Telecommunications Co. (Wireless Telecommunication Services) | 112 | 2,550 | ||||||
Telephone and Data Systems, Inc. (Wireless Telecommunication Services) | 221 | 4,376 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 300 | 32,452 | ||||||
U.S. Cellular Corp.* (Wireless Telecommunication Services) | 33 | 1,010 | ||||||
Ubiquiti, Inc. (Communications Equipment) | 14 | 4,061 | ||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 3,413 | 181,673 | ||||||
ViaSat, Inc.* (Communications Equipment) | 163 | 7,175 | ||||||
Viavi Solutions, Inc.* (Communications Equipment) | 529 | 8,707 | ||||||
TOTAL COMMON STOCKS (Cost $534,185) | 757,116 |
Repurchase Agreements(a)(b) (25.3%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $276,000 | $ | 276,000 | $ | 276,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $276,000) | 276,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $810,185)—94.8% | 1,033,116 | |||||||
Net other assets (liabilities)—5.2% | 56,305 | |||||||
NET ASSETS—100.0% | $ | 1,089,421 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $276,000. |
See accompanying notes to the financial statements.
138 :: Telecommunications UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Select Telecommunications Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 433,299 | $ | (8,821 | ) | |||||||
Dow Jones U.S. Select Telecommunications Index | UBS AG | 2/23/22 | 0.43 | % | 449,055 | (1,448 | ) | |||||||||
$ | 882,354 | $ | (10,269 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Telecommunications UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Communications Equipment | $ | 373,445 | 34.2 | % | ||||
Diversified Telecommunication Services | 277,083 | 25.5 | % | |||||
Household Durables | 30,732 | 2.8 | % | |||||
Media | 35,469 | 3.3 | % | |||||
Wireless Telecommunication Services | 40,387 | 3.7 | % | |||||
Other** | 332,305 | 30.5 | % | |||||
Total | $ | 1,089,421 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraBear ProFund :: 139
Repurchase Agreements(a)(b) (107.7%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $9,874,000 | $ | 9,874,000 | $ | 9,874,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $9,874,000) | 9,874,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $9,874,000)—107.7% | 9,874,000 | |||||||
Net other assets (liabilities)—(7.7)% | (706,033 | ) | ||||||
NET ASSETS—100.0% | $ | 9,167,967 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $2,387,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P 500 | Goldman Sachs International | 2/28/22 | (0.43 | )% | $ | (17,010,077 | ) | $ | (744,960 | ) | ||||||
S&P 500 | UBS AG | 2/28/22 | (0.23 | )% | (1,341,118 | ) | (56,292 | ) | ||||||||
$ | (18,351,195 | ) | $ | (801,252 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
140 :: UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (77.2%)
Percentage of Net Assets | Shares | Value | ||||||||||
Abbott Laboratories (Health Care Equipment & Supplies) | 0.5 | % | 4,622 | $ | 589,120 | |||||||
AbbVie, Inc. (Biotechnology) | 0.5 | % | 4,621 | 632,569 | ||||||||
Accenture PLC—Class A (IT Services) | 0.5 | % | 1,651 | 583,761 | ||||||||
Adobe, Inc.* (Software)* | 0.5 | % | 1,244 | 664,669 | ||||||||
Alphabet, Inc.—Class A* (Interactive Media & Services)* | 1.6 | % | 786 | 2,126,972 | ||||||||
Alphabet, Inc.—Class C* (Interactive Media & Services)* | 1.5 | % | 731 | 1,983,912 | ||||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail)* | 2.6 | % | 1,140 | 3,410,276 | ||||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 5.5 | % | 40,734 | 7,119,489 | ||||||||
AT&T, Inc. (Diversified Telecommunication Services) | 0.4 | % | 18,664 | 475,932 | ||||||||
Bank of America Corp. (Banks) | 0.7 | % | 18,823 | 868,492 | ||||||||
Berkshire Hathaway, Inc.— Class B* (Diversified Financial Services)* | 1.2 | % | 4,787 | 1,498,427 | ||||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 0.5 | % | 1,076 | 630,406 | ||||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 0.5 | % | 5,038 | 661,641 | ||||||||
Cisco Systems, Inc. (Communications Equipment) | 0.5 | % | 11,023 | 613,650 | ||||||||
Comcast Corp.—Class A (Media) | 0.5 | % | 11,917 | 595,731 | ||||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 0.5 | % | 1,155 | 583,424 | ||||||||
Danaher Corp. (Health Care Equipment & Supplies) | 0.4 | % | 1,662 | 474,983 | ||||||||
Eli Lilly & Co. (Pharmaceuticals) | 0.4 | % | 2,075 | 509,184 | ||||||||
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 0.6 | % | 11,064 | 840,421 | ||||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 0.4 | % | 10,630 | 518,957 | ||||||||
Johnson & Johnson (Pharmaceuticals) | 0.9 | % | 6,881 | 1,185,528 | ||||||||
JPMorgan Chase & Co. (Banks) | 0.9 | % | 7,722 | 1,147,488 | ||||||||
Linde PLC (Chemicals) | 0.3 | % | 1,339 | 426,714 | ||||||||
Lowe’s Cos., Inc. (Specialty Retail) | 0.3 | % | 1,810 | 429,604 | ||||||||
Mastercard, Inc.—Class A (IT Services) | 0.7 | % | 2,267 | 875,923 | ||||||||
McDonald’s Corp. (Hotels, Restaurants & Leisure) | 0.4 | % | 1,953 | 506,705 | ||||||||
Merck & Co., Inc. (Pharmaceuticals) | 0.4 | % | 6,602 | 537,931 | ||||||||
Meta Platforms, Inc.— Class A* (Interactive Media & Services)* | 1.5 | % | 6,186 | 1,937,826 | ||||||||
Microsoft Corp. (Software) | 4.7 | % | 19,623 | 6,102,362 | ||||||||
Netflix, Inc.* (Entertainment)* | 0.4 | % | 1,158 | 494,628 | ||||||||
NIKE, Inc.—Class B (Textiles, Apparel & Luxury Goods) | 0.4 | % | 3,340 | 494,554 | ||||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 1.2 | % | 6,535 | 1,600,159 | ||||||||
PayPal Holdings, Inc.* (IT Services)* | 0.4 | % | 3,070 | 527,856 | ||||||||
PepsiCo, Inc. (Beverages) | 0.5 | % | 3,613 | 626,927 | ||||||||
Pfizer, Inc. (Pharmaceuticals) | 0.6 | % | 14,670 | 772,962 | ||||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 0.4 | % | 2,927 | 514,450 | ||||||||
Salesforce.com, Inc.* (Software)* | 0.5 | % | 2,559 | 595,300 | ||||||||
Tesla, Inc.* (Automobiles)* | 1.5 | % | 2,126 | 1,991,467 | ||||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 0.3 | % | 2,414 | 433,289 | ||||||||
The Coca-Cola Co. (Beverages) | 0.5 | % | 10,160 | 619,862 | ||||||||
The Home Depot, Inc. (Specialty Retail) | 0.8 | % | 2,757 | 1,011,764 | ||||||||
The Procter & Gamble Co. (Household Products) | 0.8 | % | 6,325 | 1,014,846 | ||||||||
The Walt Disney Co.* (Entertainment)* | 0.5 | % | 4,749 | 678,965 | ||||||||
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Services) | 0.5 | % | 1,030 | 598,740 | ||||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 0.9 | % | 2,462 | 1,163,468 | ||||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 0.4 | % | 10,820 | 575,948 | ||||||||
Visa, Inc.—Class A (IT Services) | 0.8 | % | 4,384 | 991,528 | ||||||||
Walmart, Inc. (Food & Staples Retailing) | 0.4 | % | 3,716 | 519,534 | ||||||||
Wells Fargo & Co. (Banks) | 0.4 | % | 10,419 | 560,542 | ||||||||
Other Common Stocks(a) | 35.2 | % | 462,660 | 45,612,925 | ||||||||
TOTAL COMMON STOCKS (Cost $43,612,548) | 99,931,811 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Summary Schedule of Portfolio Investments :: UltraBull ProFund :: 141
Repurchase Agreements(b)(c) (23.3%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $30,137,000 | $ | 30,137,000 | $ | 30,137,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $30,137,000) | 30,137,000 |
Collateral for Securities Loaned(d)(NM)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 30,198 | $ | 30,198 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $30,198) | 30,198 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $73,779,746)—100.5% | 130,099,009 | |||||||
Net other assets (liabilities)—(0.5)% | (668,277 | ) | ||||||
NET ASSETS—100.0% | $ | 129,430,732 |
† | Number of shares is less than 0.50. |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $30,332. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $30,137,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P 500 | Goldman Sachs International | 2/28/22 | 0.68 | % | $ | 60,896,707 | $ | 2,276,162 | ||||||||
SPDR S&P 500 ETF | Goldman Sachs International | 2/28/22 | 0.59 | % | 10,917,310 | 452,364 | ||||||||||
$ | 71,814,017 | $ | 2,728,526 | |||||||||||||
S&P 500 | UBS AG | 2/28/22 | 0.58 | % | $ | 66,171,321 | $ | 2,774,991 | ||||||||
SPDR S&P 500 ETF | UBS AG | 2/28/22 | 0.18 | % | 20,057,383 | 831,953 | ||||||||||
$ | 86,228,704 | $ | 3,606,944 | |||||||||||||
$ | 158,042,721 | $ | 6,335,470 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
142 :: UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
UltraBull ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 1,446,103 | 1.1 | % | ||||
Air Freight & Logistics | 628,812 | 0.5 | % | |||||
Airlines | 217,744 | 0.2 | % | |||||
Auto Components | 124,056 | 0.1 | % | |||||
Automobiles | 2,399,855 | 1.9 | % | |||||
Banks | 4,235,403 | 3.3 | % | |||||
Beverages | 1,489,623 | 1.1 | % | |||||
Biotechnology | 1,801,280 | 1.4 | % | |||||
Building Products | 479,223 | 0.4 | % | |||||
Capital Markets | 2,983,969 | 2.3 | % | |||||
Chemicals | 1,723,382 | 1.3 | % | |||||
Commercial Services & Supplies | 401,609 | 0.3 | % | |||||
Communications Equipment | 851,183 | 0.7 | % | |||||
Construction & Engineering | 38,212 | NM | ||||||
Construction Materials | 129,464 | 0.1 | % | |||||
Consumer Finance | 607,457 | 0.5 | % | |||||
Containers & Packaging | 319,429 | 0.2 | % | |||||
Distributors | 138,046 | 0.1 | % | |||||
Diversified Financial Services | 1,498,427 | 1.2 | % | |||||
Diversified Telecommunication Services | 1,081,644 | 0.8 | % | |||||
Electric Utilities | 1,613,055 | 1.2 | % | |||||
Electrical Equipment | 525,682 | 0.4 | % | |||||
Electronic Equipment, Instruments & Components | 663,470 | 0.5 | % | |||||
Energy Equipment & Services | 277,835 | 0.2 | % | |||||
Entertainment | 1,520,315 | 1.2 | % | |||||
Equity Real Estate Investment Trusts | 2,583,221 | 2.0 | % | |||||
Food & Staples Retailing | 1,378,190 | 1.1 | % | |||||
Food Products | 947,909 | 0.7 | % | |||||
Gas Utilities | 37,098 | NM | ||||||
Health Care Equipment & Supplies | 3,358,867 | 2.6 | % | |||||
Health Care Providers & Services | 2,786,174 | 2.2 | % | |||||
Health Care Technology | 70,133 | 0.1 | % | |||||
Hotels, Restaurants & Leisure | 1,936,169 | 1.5 | % | |||||
Household Durables | 355,544 | 0.3 | % | |||||
Household Products | 1,436,989 | 1.1 | % | |||||
Independent Power and Renewable Electricity Producers | 38,660 | NM | ||||||
Industrial Conglomerates | 1,009,699 | 0.8 | % | |||||
Insurance | 1,938,036 | 1.5 | % | |||||
Interactive Media & Services | 6,210,503 | 4.8 | % | |||||
Internet & Direct Marketing Retail | 3,560,544 | 2.7 | % | |||||
IT Services | 4,592,523 | 3.5 | % | |||||
Leisure Products | 31,351 | NM | ||||||
Life Sciences Tools & Services | 1,286,232 | 1.0 | % | |||||
Machinery | 1,560,136 | 1.2 | % | |||||
Media | 1,051,639 | 0.8 | % | |||||
Metals & Mining | 346,074 | 0.3 | % | |||||
Multiline Retail | 485,378 | 0.4 | % | |||||
Multi-Utilities | 779,959 | 0.6 | % | |||||
Oil, Gas & Consumable Fuels | 3,074,354 | 2.4 | % | |||||
Personal Products | 188,945 | 0.1 | % | |||||
Pharmaceuticals | 3,744,105 | 2.9 | % | |||||
Professional Services | 408,618 | 0.3 | % | |||||
Real Estate Management & Development | 88,673 | 0.1 | % | |||||
Road & Rail | 897,931 | 0.7 | % | |||||
Semiconductors & Semiconductor Equipment | 5,887,029 | 4.5 | % | |||||
Software | 9,205,397 | 7.1 | % | |||||
Specialty Retail | 2,290,507 | 1.8 | % | |||||
Technology Hardware, Storage & Peripherals | 7,435,915 | 5.7 | % | |||||
Textiles, Apparel & Luxury Goods | 627,417 | 0.5 | % | |||||
Tobacco | 662,822 | 0.5 | % | |||||
Trading Companies & Distributors | 201,640 | 0.2 | % | |||||
Water Utilities | 76,219 | 0.1 | % | |||||
Wireless Telecommunication Services | 165,933 | 0.1 | % | |||||
Other** | 29,498,921 | 22.8 | % | |||||
Total | $ | 129,430,732 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraChina ProFund :: 143
Common Stocks (83.1%)
Shares | Value | |||||||
21Vianet Group, Inc.*ADR (IT Services) | 4,579 | $ | 45,424 | |||||
360 DigiTech, Inc.ADR (Consumer Finance) | 4,841 | 95,803 | ||||||
Agora, Inc.*ADR (Software) | 3,216 | 36,759 | ||||||
Alibaba Group Holding, Ltd.*ADR (Internet & Direct Marketing Retail) | 28,270 | 3,556,084 | ||||||
Aluminum Corp. of China, Ltd.*ADR (Metals & Mining) | 7,594 | 97,735 | ||||||
Autohome, Inc.ADR (Interactive Media & Services) | 2,522 | 84,033 | ||||||
Baidu, Inc.*ADR (Interactive Media & Services) | 8,249 | 1,317,695 | ||||||
Baozun, Inc.*ADR (Internet & Direct Marketing Retail) | 2,671 | 35,417 | ||||||
Beigene, Ltd.*ADR (Biotechnology) | 2,525 | 612,514 | ||||||
BEST, Inc.*ADR (Air Freight & Logistics) | 10,001 | 8,565 | ||||||
Bilibili, Inc.*ADR (Entertainment) | 10,459 | 369,098 | ||||||
Canaan, Inc.*ADR (Technology Hardware & Storage) | 6,303 | 27,103 | ||||||
China Life Insurance Co., Ltd.ADR (Insurance) | 71,641 | 639,754 | ||||||
China Petroleum & Chemical Corp.ADR (Oil, Gas & Consumable Fuels) | 12,282 | 639,892 | ||||||
China Southern Airlines Co., Ltd.*ADR (Airlines) | 1,646 | 51,767 | ||||||
Chindata Group Holdings, Ltd.*ADR (IT Services) | 5,806 | 29,727 | ||||||
Daqo New Energy Corp.*ADR (Semiconductors & Semiconductor Equipment) | 2,866 | 114,984 | ||||||
DouYu International Holdings, Ltd.*ADR (Entertainment) | 7,496 | 15,742 | ||||||
FinVolution GroupADR (Consumer Finance) | 6,760 | 26,702 | ||||||
Gaotu Techedu, Inc.*ADR (Diversified Consumer Services) | 6,415 | 11,996 | ||||||
GDS Holdings, Ltd.*ADR (IT Services) | 5,498 | 241,252 | ||||||
Genetron Holdings, Ltd.*ADR (Biotechnology) | 2,011 | 8,366 | ||||||
Hello Group, Inc.ADR (Interactive Media & Services) | 7,988 | 77,723 | ||||||
Huaneng Power International, Inc.ADR (Independent Power and Renewable Electricity Producers) | 4,073 | 87,488 | ||||||
Huazhu Group, Ltd.*ADR (Hotels, Restaurants & Leisure) | 7,078 | 279,723 | ||||||
HUYA, Inc.*ADR (Entertainment) | 4,079 | 27,003 | ||||||
iClick Interactive Asia Group, Ltd.*ADR (Media) | 3,247 | 11,332 | ||||||
iQIYI, Inc.*ADR (Entertainment) | 15,846 | 64,652 | ||||||
JD.com, Inc.*ADR (Internet & Direct Marketing Retail) | 26,102 | 1,954,518 | ||||||
JinkoSolar Holding Co., Ltd.*ADR (Semiconductors & Semiconductor Equipment) | 1,951 | 86,098 | ||||||
JOYY, Inc.ADR (Interactive Media & Services) | 2,600 | 131,456 | ||||||
KE Holdings, Inc.*ADR (Real Estate Management & Development) | 24,148 | 526,185 | ||||||
Kingsoft Cloud Holdings, Ltd.*ADR (IT Services) | 4,892 | 41,337 | ||||||
Lexinfintech Holdings, Ltd.*ADR (Consumer Finance) | 5,312 | 19,017 | ||||||
MINISO Group Holding, Ltd.ADR (Multiline Retail) | 1,512 | 15,347 | ||||||
NetEase, Inc.ADR (Entertainment) | 10,853 | 1,121,765 | ||||||
New Oriental Education & Technology Group, Inc.*ADR (Diversified Consumer Services) | 72,617 | 103,842 | ||||||
NIO, Inc.*ADR (Automobiles) | 22,699 | 556,352 | ||||||
Niu Technologies*ADR (Automobiles) | 2,138 | 30,039 | ||||||
OneConnect Financial Technology Co., Ltd.*ADR (Software) | 5,820 | 11,640 | ||||||
PetroChina Co., Ltd.ADR (Oil, Gas & Consumable Fuels) | 10,157 | 502,670 | ||||||
Pinduoduo, Inc.*ADR (Internet & Direct Marketing Retail) | 12,744 | 762,601 | ||||||
ReneSola, Ltd.*ADR (Construction & Engineering) | 2,182 | 11,848 | ||||||
Sinopec Shanghai Petrochemical Co., Ltd.ADR (Chemicals) | 1,481 | 33,870 | ||||||
Sohu.com, Ltd.*ADR (Interactive Media & Services) | 1,380 | 25,116 | ||||||
Sos, Ltd.*ADR (Professional Services) | 8,779 | 5,696 | ||||||
TAL Education Group*ADR (Diversified Consumer Services) | 19,231 | 55,001 | ||||||
Tencent Music Entertainment Group*ADR (Entertainment) | 28,254 | 174,610 | ||||||
Trip.com Group, Ltd.*ADR (Internet & Direct Marketing Retail) | 22,226 | 591,434 | ||||||
Tuya, Inc.*ADR (Software) | 2,016 | 11,189 | ||||||
Up Fintech Holding, Ltd.*ADR(a) (Capital Markets) | 3,616 | 15,476 | ||||||
Uxin, Ltd.*ADR (Internet & Direct Marketing Retail) | 8,629 | 10,355 | ||||||
Vipshop Holdings, Ltd.*ADR (Internet & Direct Marketing Retail) | 17,572 | 163,595 | ||||||
Weibo Corp.*ADR (Interactive Media & Services) | 2,641 | 91,511 | ||||||
Youdao, Inc.*ADR (Diversified Consumer Services) | 1,206 | 16,860 | ||||||
Zai Lab, Ltd.*ADR (Biotechnology) | 3,666 | 182,090 | ||||||
ZTO Express Cayman, Inc.ADR (Air Freight & Logistics) | 21,251 | 638,380 | ||||||
TOTAL COMMON STOCKS (Cost $13,142,998) | 16,504,231 |
Repurchase Agreements(b)(c) (14.3%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,839,000 | $ | 2,839,000 | $ | 2,839,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,839,000) | 2,839,000 |
Collateral for Securities Loaned(d)(NM)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 8,000 | $ | 8,000 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $8,000) | 8,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $15,989,998)—97.4% | 19,351,231 | |||||||
Net other assets (liabilities)—2.6% | 516,968 | |||||||
NET ASSETS—100.0% | $ | 19,868,199 |
See accompanying notes to the financial statements.
144 :: UltraChina ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
* | Non-income producing security. | |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $8,560. | |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. | |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,690,000. | |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. | |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. | |
ADR | American Depositary Receipt |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P/BNY Mellon China Select ADR Index (USD) | Goldman Sachs International | 2/28/22 | 0.68 | % | $ | 11,291,805 | $ | 1,122,405 | ||||||||
S&P/BNY Mellon China Select ADR Index (USD) | UBS AG | 2/28/22 | 0.33 | % | 12,271,327 | 1,080,359 | ||||||||||
$ | 23,563,132 | $ | 2,202,764 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraChina ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Air Freight & Logistics | $ | 646,945 | 3.3 | % | ||||
Airlines | 51,767 | 0.3 | % | |||||
Automobiles | 586,391 | 3.0 | % | |||||
Biotechnology | 802,971 | 4.0 | % | |||||
Capital Markets | 15,476 | 0.1 | % | |||||
Chemicals | 33,870 | 0.2 | % | |||||
Construction & Engineering | 11,848 | 0.1 | % | |||||
Consumer Finance | 141,522 | 0.7 | % | |||||
Diversified Consumer Services | 187,699 | 0.9 | % | |||||
Entertainment | 1,772,870 | 8.9 | % | |||||
Hotels, Restaurants & Leisure | 279,723 | 1.4 | % | |||||
Independent Power and Renewable Electricity Producers | 87,488 | 0.4 | % | |||||
Insurance | 639,754 | 3.2 | % | |||||
Interactive Media & Services | 1,727,534 | 8.7 | % | |||||
Internet & Direct Marketing Retail | 7,074,003 | 35.6 | % | |||||
IT Services | 357,740 | 1.8 | % | |||||
Media | 11,332 | 0.1 | % | |||||
Metals & Mining | 97,735 | 0.5 | % | |||||
Multiline Retail | 15,347 | 0.1 | % | |||||
Oil, Gas & Consumable Fuels | 1,142,562 | 5.8 | % | |||||
Professional Services | 5,696 | NM | ||||||
Real Estate Management & Development | 526,185 | 2.6 | % | |||||
Semiconductors & Semiconductor Equipment | 201,082 | 1.0 | % | |||||
Software | 59,588 | 0.3 | % | |||||
Technology Hardware & Storage | 27,103 | 0.1 | % | |||||
Other** | 3,363,968 | 16.9 | % | |||||
Total | $ | 19,868,199 | 100.0 | % |
UltraChina ProFund invested in securities with exposure to the following countries as of January 31, 2022:
Value | % of Net Assets | |||||||
China | $ | 16,504,231 | 83.1 | % | ||||
Other** | 3,363,968 | 16.9 | % | |||||
Total | $ | 19,868,199 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraDow 30 ProFund :: 145
Common Stocks (74.1%)
Shares | Value | |||||||
3M Co. (Industrial Conglomerates) | 5,295 | $ | 879,076 | |||||
American Express Co. (Consumer Finance) | 5,297 | 952,507 | ||||||
Amgen, Inc. (Biotechnology) | 5,292 | 1,202,025 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 5,297 | 925,810 | ||||||
Caterpillar, Inc. (Machinery) | 5,293 | 1,066,857 | ||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 5,297 | 695,655 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 5,301 | 295,107 | ||||||
Dow, Inc. (Chemicals) | 5,298 | 316,450 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 5,292 | 1,082,108 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 5,299 | 258,697 | ||||||
International Business Machines Corp. (IT Services) | 5,297 | 707,520 | ||||||
Johnson & Johnson (Pharmaceuticals) | 5,297 | 912,620 | ||||||
JPMorgan Chase & Co. (Banks) | 5,297 | 787,134 | ||||||
McDonald’s Corp. (Hotels, Restaurants & Leisure) | 5,292 | 1,373,009 | ||||||
Merck & Co., Inc. (Pharmaceuticals) | 5,297 | 431,600 | ||||||
Microsoft Corp. (Software) | 5,292 | 1,645,706 | ||||||
NIKE, Inc.—Class B (Textiles, Apparel & Luxury Goods) | 5,297 | 784,327 | ||||||
Salesforce.com, Inc.* (Software) | 5,292 | 1,231,078 | ||||||
The Boeing Co.* (Aerospace & Defense) | 5,292 | 1,059,670 | ||||||
The Coca-Cola Co. (Beverages) | 5,297 | 323,170 | ||||||
The Goldman Sachs Group, Inc. (Capital Markets) | 5,292 | 1,876,967 | ||||||
The Home Depot, Inc. (Specialty Retail) | 5,292 | 1,942,058 | ||||||
The Procter & Gamble Co. (Household Products) | 5,297 | 849,904 | ||||||
The Travelers Cos., Inc. (Insurance) | 5,297 | 880,255 | ||||||
The Walt Disney Co.* (Entertainment) | 5,297 | 757,312 | ||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 5,292 | 2,500,840 | ||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 5,297 | 281,959 | ||||||
Visa, Inc.—Class A (IT Services) | 5,292 | 1,196,892 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 5,301 | 263,778 | ||||||
Walmart, Inc. (Food & Staples Retailing) | 5,297 | 740,573 | ||||||
TOTAL COMMON STOCKS (Cost $14,393,952) | 28,220,664 |
Repurchase Agreements(a)(b) (22.5%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $8,559,000 | $ | 8,559,000 | $ | 8,559,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $8,559,000) | 8,559,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $22,952,952)—96.6% | 36,779,664 | |||||||
Net other assets (liabilities)—3.4% | 1,292,177 | |||||||
NET ASSETS—100.0% | $ | 38,071,841 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $5,160,000. |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||
E-Mini Dow Jones Futures Contracts | 16 | 3/21/22 | $ | 2,799,760 | $ | (49,756 | ) |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones Industrial Average | Goldman Sachs International | 2/28/22 | 0.68 | % | $ | 15,006,138 | $ | 390,384 | ||||||||
SPDR Dow Jones Industrial Average ETF | Goldman Sachs International | 2/28/22 | 0.52 | % | 6,723,071 | 182,108 | ||||||||||
$ | 21,729,209 | $ | 572,492 | |||||||||||||
Dow Jones Industrial Average | UBS AG | 2/28/22 | 0.58 | % | $ | 15,635,786 | $ | 402,017 | ||||||||
SPDR Dow Jones Industrial Average ETF | UBS AG | 2/28/22 | 0.38 | % | 7,845,204 | 212,622 | ||||||||||
$ | 23,480,990 | $ | 614,639 | |||||||||||||
$ | 45,210,199 | $ | 1,187,131 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
146 :: UltraDow 30 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
UltraDow 30 ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 1,059,670 | 2.8 | % | ||||
Banks | 787,134 | 2.1 | % | |||||
Beverages | 323,170 | 0.9 | % | |||||
Biotechnology | 1,202,025 | 3.2 | % | |||||
Capital Markets | 1,876,967 | 4.9 | % | |||||
Chemicals | 316,450 | 0.8 | % | |||||
Communications Equipment | 295,107 | 0.8 | % | |||||
Consumer Finance | 952,507 | 2.5 | % | |||||
Diversified Telecommunication Services | 281,959 | 0.7 | % | |||||
Entertainment | 757,312 | 2.0 | % | |||||
Food & Staples Retailing | 1,004,351 | 2.6 | % | |||||
Health Care Providers & Services | 2,500,840 | 6.6 | % | |||||
Hotels, Restaurants & Leisure | 1,373,009 | 3.6 | % | |||||
Household Products | 849,904 | 2.2 | % | |||||
Industrial Conglomerates | 1,961,184 | 5.2 | % | |||||
Insurance | 880,255 | 2.3 | % | |||||
IT Services | 1,904,412 | 5.0 | % | |||||
Machinery | 1,066,857 | 2.8 | % | |||||
Oil, Gas & Consumable Fuels | 695,655 | 1.8 | % | |||||
Pharmaceuticals | 1,344,220 | 3.5 | % | |||||
Semiconductors & Semiconductor Equipment | 258,697 | 0.7 | % | |||||
Software | 2,876,784 | 7.5 | % | |||||
Specialty Retail | 1,942,058 | 5.1 | % | |||||
Technology Hardware, Storage & Peripherals | 925,810 | 2.4 | % | |||||
Textiles, Apparel & Luxury Goods | 784,327 | 2.1 | % | |||||
Other** | 9,851,177 | 25.9 | % | |||||
Total | $ | 38,071,841 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraEmerging Markets ProFund :: 147
Common Stocks (82.0%)
Shares | Value | |||||||
Alibaba Group Holding, Ltd.*ADR (Internet & Direct Marketing Retail) | 10,484 | $ | 1,318,783 | |||||
Ambev S.A.ADR (Beverages) | 27,399 | 77,539 | ||||||
America Movil S.A.B. de C.V.ADR (Wireless Telecommunication Services) | 7,220 | 136,169 | ||||||
AngloGold Ashanti, Ltd.ADR (Metals & Mining) | 2,595 | 48,215 | ||||||
ASE Technology Holding Co., Ltd.ADR (Semiconductors & Semiconductor Equipment) | 10,626 | 75,232 | ||||||
Baidu, Inc.*ADR (Interactive Media & Services) | 1,763 | 281,622 | ||||||
Banco Bradesco S.A.ADR (Banks) | 30,140 | 129,301 | ||||||
Beigene, Ltd.*ADR (Biotechnology) | 325 | 78,838 | ||||||
Bilibili, Inc.*ADR (Entertainment) | 1,352 | 47,712 | ||||||
Cemex SAB de CV*ADR (Construction Materials) | 9,410 | 57,589 | ||||||
China Life Insurance Co., Ltd.ADR (Insurance) | 9,251 | 82,611 | ||||||
China Petroleum & Chemical Corp.ADR (Oil, Gas & Consumable Fuels) | 1,586 | 82,630 | ||||||
Chunghwa Telecom Co., Ltd.ADR (Diversified Telecommunication Services) | 2,363 | 102,578 | ||||||
Dr. Reddy’s Laboratories, Ltd.ADR (Pharmaceuticals) | 755 | 43,413 | ||||||
Fomento Economico Mexicano S.A.B. de C.V.ADR (Beverages) | 1,142 | 85,901 | ||||||
GDS Holdings, Ltd.*ADR (IT Services) | 710 | 31,155 | ||||||
Gerdau S.A.ADR (Metals & Mining) | 7,124 | 37,259 | ||||||
Gold Fields, Ltd.ADR (Metals & Mining) | 5,518 | 58,491 | ||||||
Grupo Televisa S.A.B.ADR (Media) | 3,146 | 32,184 | ||||||
HDFC Bank, Ltd.ADR (Banks) | 7,772 | 533,391 | ||||||
Huazhu Group, Ltd.*ADR (Hotels, Restaurants & Leisure) | 914 | 36,121 | ||||||
ICICI Bank, Ltd.ADR (Banks) | 15,960 | 346,811 | ||||||
Infosys Technologies, Ltd.ADR (IT Services) | 20,806 | 490,398 | ||||||
Itau Unibanco Holding S.A.ADR (Banks) | 30,124 | 142,185 | ||||||
JD.com, Inc.*ADR (Internet & Direct Marketing Retail) | 5,341 | 399,934 | ||||||
KB Financial Group, Inc.ADR (Banks) | 2,430 | 121,014 | ||||||
KE Holdings, Inc.*ADR (Real Estate Management & Development) | 3,118 | 67,941 | ||||||
Natura & Co. Holding S.A.*ADR (Personal Products) | 2,615 | 22,646 | ||||||
NetEase, Inc.ADR (Entertainment) | 2,320 | 239,796 | ||||||
NIO, Inc.*ADR (Automobiles) | 8,465 | 207,477 | ||||||
PetroChina Co., Ltd.ADR (Oil, Gas & Consumable Fuels) | 1,312 | 64,931 | ||||||
Petroleo Brasileiro S.A.ADR (Oil, Gas & Consumable Fuels) | 11,566 | 154,406 | ||||||
Pinduoduo, Inc.*ADR (Internet & Direct Marketing Retail) | 2,727 | 163,184 | ||||||
POSCOADR (Metals & Mining) | 1,886 | 106,634 | ||||||
PT Telekomunikasi Indonesia TbkADR (Diversified Telecommunication Services) | 2,956 | 87,882 | ||||||
Sasol, Ltd.*ADR (Chemicals) | 3,598 | 80,307 | ||||||
Shinhan Financial Group Co., Ltd.ADR (Banks) | 3,211 | 103,041 | ||||||
Sibanye Stillwater, Ltd.ADR (Metals & Mining) | 4,146 | 62,149 | ||||||
SK Telecom Co., Ltd.ADR (Wireless Telecommunication Services) | 1,199 | 31,462 | ||||||
Sociedad Quimica y Minera de Chile S.A.ADR (Chemicals) | 888 | 48,085 | ||||||
Suzano Papel e Celulose S.A.ADR (Paper & Forest Products) | 4,908 | 54,921 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd.ADR (Semiconductors & Semiconductor Equipment) | 15,259 | 1,871,211 | ||||||
Tata Motors, Ltd.*ADR(a) (Automobiles) | 2,188 | 73,867 | ||||||
Trip.com Group, Ltd.*ADR (Internet & Direct Marketing Retail) | 2,870 | 76,371 | ||||||
United Microelectronics Corp.ADR(a) (Semiconductors & Semiconductor Equipment) | 14,364 | 141,198 | ||||||
Vale S.A.ADR (Metals & Mining) | 25,632 | 389,093 | ||||||
Wipro, Ltd.ADR (IT Services) | 9,199 | 70,740 | ||||||
Zai Lab, Ltd.*ADR (Biotechnology) | 473 | 23,494 | ||||||
ZTO Express Cayman, Inc.ADR (Air Freight & Logistics) | 2,744 | 82,430 | ||||||
TOTAL COMMON STOCKS (Cost $6,031,815) | 9,100,342 | |||||||
Preferred Stock (1.6%) | ||||||||
Petroleo Brasileiro S.A.ADR (Oil, Gas & Consumable Fuels) | 14,278 | 173,335 | ||||||
TOTAL PREFERRED STOCK (Cost $70,418) | 173,335 |
Repurchase Agreements(b)(c) (9.5%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,052,000 | $ | 1,052,000 | $ | 1,052,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,052,000) | 1,052,000 |
Collateral for Securities Loaned(d) (1.1%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 125,875 | $ | 125,875 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $125,875) | 125,875 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $7,280,108)—94.2% | 10,451,552 | |||||||
Net other assets (liabilities)—5.8% | 641,995 | |||||||
NET ASSETS—100.0% | $ | 11,093,547 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $130,163. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $929,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
ADR | American Depositary Receipt |
See accompanying notes to the financial statements.
148 :: UltraEmerging Markets ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P/BNY Mellon Emerging 50 ADR Index (USD) | Goldman Sachs International | 2/27/22 | 0.68 | % | $ | 6,182,337 | $ | 375,147 | ||||||||
S&P/BNY Mellon Emerging 50 ADR Index (USD) | UBS AG | 2/27/22 | 0.58 | % | 6,760,856 | 341,465 | ||||||||||
$ | 12,943,193 | $ | 716,612 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraEmerging Markets ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Air Freight & Logistics | $ | 82,430 | 0.8 | % | ||||
Automobiles | 281,344 | 2.5 | % | |||||
Banks | 1,375,744 | 12.4 | % | |||||
Beverages | 163,440 | 1.5 | % | |||||
Biotechnology | 102,332 | 0.9 | % | |||||
Chemicals | 128,393 | 1.2 | % | |||||
Construction Materials | 57,589 | 0.5 | % | |||||
Diversified Telecommunication Services | 190,460 | 1.7 | % | |||||
Entertainment | 287,507 | 2.6 | % | |||||
Hotels, Restaurants & Leisure | 36,121 | 0.3 | % | |||||
Insurance | 82,611 | 0.8 | % | |||||
Interactive Media & Services | 281,622 | 2.5 | % | |||||
Internet & Direct Marketing Retail | 1,958,271 | 17.7 | % | |||||
IT Services | 592,293 | 5.3 | % | |||||
Media | 32,184 | 0.3 | % | |||||
Metals & Mining | 701,841 | 6.3 | % | |||||
Oil, Gas & Consumable Fuels | 475,302 | 4.3 | % | |||||
Paper & Forest Products | 54,921 | 0.5 | % | |||||
Personal Products | 22,646 | 0.2 | % | |||||
Pharmaceuticals | 43,413 | 0.4 | % | |||||
Real Estate Management & Development | 67,941 | 0.6 | % | |||||
Semiconductors & Semiconductor Equipment | 2,087,641 | 18.8 | % | |||||
Wireless Telecommunication Services | 167,631 | 1.5 | % | |||||
Other** | 1,819,870 | 16.4 | % | |||||
Total | $ | 11,093,547 | 100.0 | % |
UltraEmerging Markets ProFund invested in securities with exposure to the following countries as of January 31, 2022:
Value | % of Net Assets | |||||||
Brazil | $ | 1,180,685 | 10.6 | % | ||||
Chile | 48,085 | 0.4 | % | |||||
China | 3,316,492 | 30.0 | % | |||||
India | 1,558,620 | 14.0 | % | |||||
Indonesia | 87,882 | 0.8 | % | |||||
Mexico | 311,843 | 2.8 | % | |||||
South Africa | 249,162 | 2.2 | % | |||||
South Korea | 330,689 | 3.0 | % | |||||
Taiwan | 2,190,219 | 19.8 | % | |||||
Other** | 1,819,870 | 16.4 | % | |||||
Total | $ | 11,093,547 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraInternational ProFund :: 149
Repurchase Agreements(a)(b) (99.8%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,441,000 | $ | 2,441,000 | $ | 2,441,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,441,000) | 2,441,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $2,441,000)—99.8% | 2,441,000 | |||||||
Net other assets (liabilities)—0.2% | 5,883 | |||||||
NET ASSETS—100.0% | $ | 2,446,883 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $518,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
MSCI EAFE Index | Goldman Sachs International | 2/28/22 | 0.58 | % | $ | 2,455,719 | $ | 43,521 | ||||||||
MSCI EAFE Index | UBS AG | 2/28/22 | 0.88 | % | 2,432,347 | 42,668 | ||||||||||
$ | 4,888,066 | $ | 86,189 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
150 :: UltraJapan ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a) (84.8%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $10,999,000 | $ | 10,999,000 | $ | 10,999,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $10,999,000) | 10,999,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $10,999,000)—84.8% | 10,999,000 | |||||||
Net other assets (liabilities)—15.2% | 1,971,862 | |||||||
NET ASSETS—100.0% | $ | 12,970,862 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||
Nikkei 225 Futures Contracts | 188 | 3/11/22 | $ | 25,690,200 | $ | (441,251 | ) |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Nikkei 225 Stock Average | Goldman Sachs International | 2/28/22 | 0.53 | % | $ | 315,330 | $ | 8,269 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraLatin America ProFund :: 151
Common Stocks (75.8%)
Shares | Value | |||||||
Ambev S.A.ADR (Beverages) | 169,131 | $ | 478,641 | |||||
America Movil S.A.B. de C.V.ADR (Wireless Telecommunication Services) | 35,232 | 664,475 | ||||||
Banco Bradesco S.A.ADR (Banks) | 147,087 | 631,003 | ||||||
Banco de ChileADR (Banks) | 10,833 | 217,419 | ||||||
Banco Santander Brasil S.A.ADR (Banks) | 18,701 | 117,255 | ||||||
Banco Santander ChileADR (Banks) | 7,755 | 155,720 | ||||||
Bancolombia S.A.ADR (Banks) | 5,638 | 200,600 | ||||||
BRF S.A.*ADR(a) (Food Products) | 24,721 | 103,581 | ||||||
Cemex SAB de CV*ADR (Construction Materials) | 75,632 | 462,868 | ||||||
Centrais Eletricas Brasileiras S.A.ADR (Electric Utilities) | 18,000 | 119,160 | ||||||
Cia de Minas Buenaventura S.A.A*ADR (Metals & Mining) | 11,929 | 96,625 | ||||||
Cia Energetica de Minas GeraisADR (Electric Utilities) | 56,229 | 141,697 | ||||||
Cia Siderurgica Nacional S.A.ADR (Metals & Mining) | 32,528 | 155,159 | ||||||
Coca-Cola Femsa S.A.B. de C.V.ADR (Beverages) | 2,620 | 138,388 | ||||||
Companhia de Saneamento Basico do Estado de Sao PauloADR (Water Utilities) | 17,047 | 120,522 | ||||||
Ecopetrol S.A.ADR (Oil, Gas & Consumable Fuels) | 12,305 | 181,376 | ||||||
Embraer SA*ADR (Aerospace & Defense) | 8,685 | 133,315 | ||||||
Enel Americas S.A.ADR (Electric Utilities) | 19,264 | 113,658 | ||||||
Fomento Economico Mexicano S.A.B. de C.V.ADR (Beverages) | 6,797 | 511,271 | ||||||
Gerdau S.A.ADR (Metals & Mining) | 57,164 | 298,967 | ||||||
Grupo Aeroportuario del Pacifico S.A.B. de C.V.ADR (Transportation Infrastructure) | 1,740 | 239,059 | ||||||
Grupo Aeroportuario del Surest S.A.B. de C.V.ADR (Transportation Infrastructure) | 981 | 199,300 | ||||||
Grupo Televisa S.A.B.ADR (Media) | 25,240 | 258,205 | ||||||
Itau Unibanco Holding S.A.ADR (Banks) | 147,171 | 694,648 | ||||||
Natura & Co. Holding S.A.*ADR (Personal Products) | 20,980 | 181,687 | ||||||
Petroleo Brasileiro S.A.ADR (Oil, Gas & Consumable Fuels) | 56,445 | 753,541 | ||||||
Sendas Distribuidora S.A.ADR (Food & Staples Retailing) | 7,925 | 94,704 | ||||||
Sociedad Quimica y Minera de Chile S.A.ADR (Chemicals) | 7,124 | 385,764 | ||||||
Suzano Papel e Celulose S.A.ADR (Paper & Forest Products) | 39,382 | 440,685 | ||||||
Telefonica Brasil S.A.ADR (Diversified Telecommunication Services) | 21,930 | 205,703 | ||||||
Ternium S.A.ADR (Metals & Mining) | 2,448 | 98,605 | ||||||
TIM S.A.ADR (Wireless Telecommunication Services) | 7,969 | 99,453 | ||||||
Ultrapar Participacoes S.A.ADR (Oil, Gas & Consumable Fuels) | 36,154 | 103,400 | ||||||
Vale S.A.ADR (Metals & Mining) | 125,044 | 1,898,167 | ||||||
TOTAL COMMON STOCKS (Cost $6,566,524) | 10,694,621 | |||||||
Preferred Stock (6.0%) | ||||||||
Shares | Value | |||||||
Petroleo Brasileiro S.A.ADR (Oil, Gas & Consumable Fuels) | 69,678 | 845,891 | ||||||
TOTAL PREFERRED STOCK (Cost $140,102) | 845,891 |
Repurchase Agreements(b)(c) (17.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,420,000 | $ | 2,420,000 | $ | 2,420,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,420,000) | 2,420,000 |
Collateral for Securities Loaned(d) (0.1%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 14,400 | $ | 14,400 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $14,400) | 14,400 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $9,141,026)—99.1% | 13,974,912 | |||||||
Net other assets (liabilities)—0.9% | 131,538 | |||||||
NET ASSETS—100.0% | $ | 14,106,450 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $13,408. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $998,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
ADR | American Depositary Receipt |
See accompanying notes to the financial statements.
152 :: UltraLatin America ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P/BNY Mellon Latin America 35 ADR Index (USD) | Goldman Sachs International | 2/28/22 | 0.68 | % | $ | 8,668,182 | $ | 81,485 | ||||||||
S&P/BNY Mellon Latin America 35 ADR Index (USD) | UBS AG | 2/28/22 | 0.58 | % | 8,027,463 | 72,670 | ||||||||||
$ | 16,695,645 | $ | 154,155 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraLatin America ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 133,315 | 0.9 | % | ||||
Banks | 2,016,644 | 14.3 | % | |||||
Beverages | 1,128,299 | 8.0 | % | |||||
Chemicals | 385,765 | 2.7 | % | |||||
Construction Materials | 462,868 | 3.3 | % | |||||
Diversified Telecommunication Services | 205,703 | 1.5 | % | |||||
Electric Utilities | 374,515 | 2.7 | % | |||||
Food & Staples Retailing | 94,704 | 0.7 | % | |||||
Food Products | 103,581 | 0.7 | % | |||||
Media | 258,205 | 1.8 | % | |||||
Metals & Mining | 2,547,524 | 18.0 | % | |||||
Oil, Gas & Consumable Fuels | 1,884,208 | 13.4 | % | |||||
Paper & Forest Products | 440,685 | 3.1 | % | |||||
Personal Products | 181,687 | 1.3 | % | |||||
Transportation Infrastructure | 438,358 | 3.1 | % | |||||
Water Utilities | 120,522 | 0.9 | % | |||||
Wireless Telecommunication Services | 763,929 | 5.4 | % | |||||
Other** | 2,565,938 | 18.2 | % | |||||
Total | $ | 14,106,450 | 100.0 | % |
UltraLatin America ProFund invested in securities with exposure to the following countries as of January 31, 2022:
Value | % of Net Assets | |||||||
Brazil | $ | 7,617,179 | 54.0 | % | ||||
Chile | 872,561 | 6.2 | % | |||||
Colombia | 381,976 | 2.7 | % | |||||
Luxembourg | 98,605 | 0.7 | % | |||||
Mexico | 2,473,566 | 17.5 | % | |||||
Peru | 96,625 | 0.7 | % | |||||
Other** | 2,565,938 | 18.2 | % | |||||
Total | $ | 14,106,450 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraMid-Cap ProFund :: 153
Common Stocks (79.0%)
Shares | Value | |||||||
Acadia Healthcare Co., Inc.* (Health Care Providers & Services) | 1,541 | $ | 81,134 | |||||
ACI Worldwide, Inc.* (Software) | 2,015 | 69,256 | ||||||
Acuity Brands, Inc. (Electrical Equipment) | 598 | 114,535 | ||||||
Adient PLC* (Auto Components) | 1,617 | 67,865 | ||||||
AECOM (Construction & Engineering) | 2,469 | 170,682 | ||||||
Affiliated Managers Group, Inc. (Capital Markets) | 697 | 101,908 | ||||||
AGCO Corp. (Machinery) | 1,052 | 123,294 | ||||||
Alcoa Corp. (Metals & Mining) | 3,206 | 181,812 | ||||||
Alleghany Corp.* (Insurance) | 235 | 156,039 | ||||||
ALLETE, Inc. (Electric Utilities) | 901 | 57,511 | ||||||
Alliance Data Systems Corp. (IT Services) | 853 | 58,891 | ||||||
Amedisys, Inc.* (Health Care Providers & Services) | 559 | 75,521 | ||||||
American Campus Communities, Inc. (Equity Real Estate Investment Trusts) | 2,385 | 124,640 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 2,629 | 60,020 | ||||||
American Financial Group, Inc. (Insurance) | 1,134 | 147,738 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 1,718 | 37,830 | ||||||
Antero Midstream Corp. (Oil, Gas & Consumable Fuels) | 5,564 | 55,362 | ||||||
Apartment Income REIT Corp. (Equity Real Estate Investment Trusts) | 2,690 | 142,086 | ||||||
AptarGroup, Inc. (Containers & Packaging) | 1,128 | 132,314 | ||||||
Arrow Electronics, Inc.* (Electronic Equipment, Instruments & Components) | 1,193 | 147,932 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 1,787 | 94,282 | ||||||
ASGN, Inc.* (Professional Services) | 893 | 102,579 | ||||||
Ashland Global Holdings, Inc. (Chemicals) | 968 | 92,967 | ||||||
Aspen Technology, Inc.* (Software) | 1,147 | 172,234 | ||||||
Associated Banc-Corp. (Banks) | 2,572 | 61,471 | ||||||
AutoNation, Inc.* (Specialty Retail) | 685 | 74,665 | ||||||
Avient Corp. (Chemicals) | 1,568 | 78,039 | ||||||
Avis Budget Group, Inc.* (Road & Rail) | 687 | 121,036 | ||||||
Avnet, Inc. (Electronic Equipment, Instruments & Components) | 1,700 | 68,612 | ||||||
Axon Enterprise, Inc.* (Aerospace & Defense) | 1,125 | 157,422 | ||||||
Azenta, Inc. (Semiconductors & Semiconductor Equipment) | 1,274 | 107,449 | ||||||
Bank of Hawaii Corp. (Banks) | 694 | 59,733 | ||||||
Bank OZK (Banks) | 2,071 | 97,026 | ||||||
Belden, Inc. (Electronic Equipment, Instruments & Components) | 769 | 43,026 | ||||||
BJ’s Wholesale Club Holdings, Inc.* (Food & Staples Retailing) | 2,340 | 143,840 | ||||||
Black Hills Corp. (Multi-Utilities) | 1,094 | 74,108 | ||||||
Blackbaud, Inc.* (Software) | 710 | 48,379 | ||||||
Boyd Gaming Corp.* (Hotels, Restaurants & Leisure) | 1,405 | 83,541 | ||||||
Brighthouse Financial, Inc.* (Insurance) | 1,368 | 74,488 | ||||||
Brixmor Property Group, Inc. (Equity Real Estate Investment Trusts) | 5,089 | 129,057 | ||||||
Bruker Corp. (Life Sciences Tools & Services) | 1,741 | 115,951 | ||||||
Brunswick Corp. (Leisure Products) | 1,321 | 119,934 | ||||||
Builders FirstSource, Inc.* (Building Products) | 3,281 | 223,075 | ||||||
Cable One, Inc. (Media) | 85 | 131,301 | ||||||
Cabot Corp. (Chemicals) | 972 | 53,450 | ||||||
CACI International, Inc.*—Class A (Professional Services) | 400 | 98,984 | ||||||
Cadence Bank (Banks) | 3,355 | 104,575 | ||||||
Calix, Inc.* (Communications Equipment) | 940 | 47,263 | ||||||
Callaway Golf Co.* (Leisure Products) | 2,008 | 47,911 | ||||||
Camden Property Trust (Equity Real Estate Investment Trusts) | 1,751 | 280,317 | ||||||
Capri Holdings, Ltd.* (Textiles, Apparel & Luxury Goods) | 2,578 | 154,861 | ||||||
Carlisle Cos., Inc. (Industrial Conglomerates) | 896 | 200,202 | ||||||
Carter’s, Inc. (Textiles, Apparel & Luxury Goods) | 724 | 67,419 | ||||||
Casey’s General Stores, Inc. (Food & Staples Retailing) | 636 | 119,447 | ||||||
Cathay General Bancorp (Banks) | 1,323 | 59,747 | ||||||
CDK Global, Inc. (Software) | 2,028 | 87,143 | ||||||
Cerence, Inc.* (Software) | 651 | 41,332 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 3,463 | 77,571 | ||||||
Chemed Corp. (Health Care Providers & Services) | 264 | 123,792 | ||||||
Choice Hotels International, Inc. (Hotels, Restaurants & Leisure) | 562 | 80,591 | ||||||
Churchill Downs, Inc. (Hotels, Restaurants & Leisure) | 590 | 124,077 | ||||||
Ciena Corp.* (Communications Equipment) | 2,655 | 176,053 | ||||||
Cirrus Logic, Inc.* (Semiconductors & Semiconductor Equipment) | 979 | 87,562 | ||||||
Clean Harbors, Inc.* (Commercial Services & Supplies) | 858 | 79,408 | ||||||
Cleveland-Cliffs, Inc.* (Metals & Mining) | 7,798 | 133,658 | ||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 487 | 88,089 | ||||||
CNO Financial Group, Inc. (Insurance) | 2,113 | 52,698 | ||||||
CNX Resources Corp.* (Oil, Gas & Consumable Fuels) | 3,619 | 53,670 | ||||||
Cognex Corp. (Electronic Equipment, Instruments & Components) | 3,029 | 201,307 | ||||||
Coherent, Inc.* (Electronic Equipment, Instruments & Components) | 420 | 108,562 | ||||||
Colfax Corp.* (Machinery) | 2,307 | 94,864 | ||||||
Columbia Sportswear Co. (Textiles, Apparel & Luxury Goods) | 592 | 54,979 | ||||||
Commerce Bancshares, Inc. (Banks) | 1,902 | 131,067 | ||||||
Commercial Metals Co. (Metals & Mining) | 2,066 | 69,087 | ||||||
CommVault Systems, Inc.* (Software) | 780 | 52,619 | ||||||
Concentrix Corp. (IT Services) | 735 | 147,727 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 1,925 | 48,626 | ||||||
Coty, Inc.*—Class A (Personal Products) | 5,750 | 48,760 | ||||||
Cousins Properties, Inc. (Equity Real Estate Investment Trusts) | 2,548 | 98,251 | ||||||
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 403 | 48,013 | ||||||
Crane Co. (Machinery) | 855 | 88,501 | ||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods) | 1,008 | 103,441 | ||||||
Cullen/Frost Bankers, Inc. (Banks) | 972 | 137,062 | ||||||
Curtiss-Wright Corp. (Aerospace & Defense) | 672 | 89,235 | ||||||
CyrusOne, Inc. (Equity Real Estate Investment Trusts) | 2,175 | 195,423 | ||||||
Dana, Inc. (Auto Components) | 2,472 | 53,544 |
See accompanying notes to the financial statements.
154 :: UltraMid-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Darling Ingredients, Inc.* (Food Products) | 2,773 | $ | 176,834 | |||||
Deckers Outdoor Corp.* (Textiles, Apparel & Luxury Goods) | 470 | 150,508 | ||||||
Dick’s Sporting Goods, Inc. (Specialty Retail) | 1,112 | 128,325 | ||||||
Digital Turbine, Inc.* (Software) | 1,507 | 66,534 | ||||||
Donaldson Co., Inc. (Machinery) | 2,118 | 117,888 | ||||||
Douglas Emmett, Inc. (Equity Real Estate Investment Trusts) | 3,007 | 93,879 | ||||||
DT Midstream, Inc. (Oil, Gas & Consumable Fuels) | 1,658 | 85,719 | ||||||
Dycom Industries, Inc.* (Construction & Engineering) | 517 | 43,578 | ||||||
Eagle Materials, Inc. (Construction Materials) | 697 | 101,657 | ||||||
East West Bancorp, Inc. (Banks) | 2,432 | 209,978 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 697 | 139,337 | ||||||
EMCOR Group, Inc. (Construction & Engineering) | 915 | 109,077 | ||||||
Encompass Health Corp. (Health Care Providers & Services) | 1,705 | 105,778 | ||||||
Energizer Holdings, Inc. (Household Products) | 1,076 | 40,468 | ||||||
EnerSys (Electrical Equipment) | 718 | 53,800 | ||||||
Envestnet, Inc.* (Software) | 936 | 69,208 | ||||||
Envista Holdings Corp.* (Health Care Equipment & Supplies) | 2,765 | 119,559 | ||||||
EPR Properties (Equity Real Estate Investment Trusts) | 1,282 | 56,370 | ||||||
EQT Corp.* (Oil, Gas & Consumable Fuels) | 5,181 | 110,096 | ||||||
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 6,966 | 56,494 | ||||||
Essent Group, Ltd. (Thrifts & Mortgage Finance) | 1,892 | 86,351 | ||||||
Essential Utilities, Inc. (Water Utilities) | 3,941 | 192,084 | ||||||
Euronet Worldwide, Inc.* (IT Services) | 902 | 120,769 | ||||||
Evercore Partners, Inc.—Class A (Capital Markets) | 669 | 83,505 | ||||||
Exelixis, Inc.* (Biotechnology) | 5,422 | 98,138 | ||||||
F.N.B. Corp. (Banks) | 5,802 | 74,962 | ||||||
Fair Isaac Corp.* (Software) | 469 | 232,150 | ||||||
Federated Hermes, Inc.—Class B (Capital Markets) | 1,659 | 54,929 | ||||||
First American Financial Corp. (Insurance) | 1,879 | 140,004 | ||||||
First Financial Bankshares, Inc. (Banks) | 2,197 | 103,237 | ||||||
First Horizon Corp. (Banks) | 9,263 | 158,490 | ||||||
First Industrial Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 2,231 | 135,600 | ||||||
First Solar, Inc.* (Semiconductors & Semiconductor Equipment) | 1,694 | 132,776 | ||||||
FirstCash Holdings, Inc. (Consumer Finance) | 693 | 48,302 | ||||||
Five Below, Inc.* (Specialty Retail) | 960 | 157,439 | ||||||
Flowers Foods, Inc. (Food Products) | 3,405 | 95,783 | ||||||
Flowserve Corp. (Machinery) | 2,232 | 72,808 | ||||||
Fluor Corp.* (Construction & Engineering) | 2,423 | 50,980 | ||||||
Foot Locker, Inc. (Specialty Retail) | 1,548 | 69,165 | ||||||
Fox Factory Holding Corp.* (Auto Components) | 721 | 95,943 | ||||||
FTI Consulting, Inc.* (Professional Services) | 588 | 85,736 | ||||||
Fulton Financial Corp. (Banks) | 2,764 | 49,614 | ||||||
GameStop Corp.*(a)—Class A (Specialty Retail) | 1,062 | 115,684 | ||||||
GATX Corp. (Trading Companies & Distributors) | 608 | 63,506 | ||||||
Genpact, Ltd. (IT Services) | 2,965 | 147,509 | ||||||
Gentex Corp. (Auto Components) | 4,053 | 127,264 | ||||||
Glacier Bancorp, Inc. (Banks) | 1,859 | 96,538 | ||||||
Globus Medical, Inc.* (Health Care Equipment & Supplies) | 1,354 | 90,352 | ||||||
Graco, Inc. (Machinery) | 2,912 | 211,295 | ||||||
Graham Holdings Co.—Class B (Diversified Consumer Services) | 68 | 40,468 | ||||||
Grand Canyon Education, Inc.* (Diversified Consumer Services) | 687 | 57,488 | ||||||
Greif, Inc.—Class A (Containers & Packaging) | 455 | 26,918 | ||||||
Grocery Outlet Holding Corp.* (Food & Staples Retailing) | 1,497 | 37,994 | ||||||
GXO Logistics, Inc.* (Air Freight & Logistics) | 1,689 | 137,164 | ||||||
H&R Block, Inc. (Diversified Consumer Services) | 3,010 | 68,809 | ||||||
Haemonetics Corp.* (Health Care Equipment & Supplies) | 876 | 42,355 | ||||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 2,412 | 83,479 | ||||||
Hancock Whitney Corp. (Banks) | 1,488 | 78,447 | ||||||
Hanesbrands, Inc. (Textiles, Apparel & Luxury Goods) | 5,984 | 96,342 | ||||||
Harley-Davidson, Inc. (Automobiles) | 2,637 | 91,161 | ||||||
Hawaiian Electric Industries, Inc. (Electric Utilities) | 1,873 | 79,603 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 2,528 | 78,419 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 1,431 | 76,473 | ||||||
Helen of Troy, Ltd.* (Household Durables) | 413 | 86,453 | ||||||
Hexcel Corp.* (Aerospace & Defense) | 1,438 | 75,020 | ||||||
Highwoods Properties, Inc. (Equity Real Estate Investment Trusts) | 1,789 | 77,142 | ||||||
HollyFrontier Corp. (Oil, Gas & Consumable Fuels) | 2,562 | 90,080 | ||||||
Home BancShares, Inc. (Banks) | 2,583 | 60,855 | ||||||
Hubbell, Inc. (Electrical Equipment) | 932 | 174,554 | ||||||
Hudson Pacific Properties, Inc. (Equity Real Estate Investment Trusts) | 2,613 | 61,745 | ||||||
IAA, Inc.* (Commercial Services & Supplies) | 2,311 | 106,144 | ||||||
ICU Medical, Inc.* (Health Care Equipment & Supplies) | 342 | 72,969 | ||||||
IDACORP, Inc. (Electric Utilities) | 866 | 95,450 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 1,819 | 115,325 | ||||||
Ingevity Corp.* (Chemicals) | 673 | 44,357 | ||||||
Ingredion, Inc. (Food Products) | 1,140 | 107,958 | ||||||
Insperity, Inc. (Professional Services) | 614 | 66,023 | ||||||
Integra LifeSciences Holdings Corp.* (Health Care Equipment & Supplies) | 1,248 | 80,796 | ||||||
Interactive Brokers Group, Inc. (Capital Markets) | 1,497 | 102,080 | ||||||
International Bancshares Corp. (Banks) | 912 | 38,331 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 2,265 | 81,268 | ||||||
ITT, Inc. (Machinery) | 1,467 | 134,847 | ||||||
Jabil, Inc. (Electronic Equipment, Instruments & Components) | 2,456 | 151,019 | ||||||
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 371 | 33,780 | ||||||
Janus Henderson Group PLC (Capital Markets) | 2,923 | 107,859 | ||||||
Jazz Pharmaceuticals PLC* (Pharmaceuticals) | 1,053 | 146,273 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraMid-Cap ProFund :: 155
Common Stocks, continued
Shares | Value | |||||||
JBG Smith Properties (Equity Real Estate Investment Trusts) | 1,956 | $ | 53,594 | |||||
Jefferies Financial Group, Inc. (Diversified Financial Services) | 3,366 | 123,330 | ||||||
JetBlue Airways Corp.* (Airlines) | 5,450 | 79,734 | ||||||
John Wiley & Sons, Inc.—Class A (Media) | 746 | 37,860 | ||||||
Jones Lang LaSalle, Inc.* (Real Estate Management & Development) | 865 | 216,933 | ||||||
KB Home (Household Durables) | 1,469 | 62,065 | ||||||
KBR, Inc. (Professional Services) | 2,404 | 104,334 | ||||||
Kemper Corp. (Insurance) | 1,025 | 61,480 | ||||||
Kennametal, Inc. (Machinery) | 1,433 | 49,539 | ||||||
Kilroy Realty Corp. (Equity Real Estate Investment Trusts) | 1,796 | 114,944 | ||||||
Kinsale Capital Group, Inc. (Insurance) | 368 | 73,718 | ||||||
Kirby Corp.* (Marine) | 1,030 | 67,135 | ||||||
Kite Realty Group Trust (Equity Real Estate Investment Trusts) | 3,753 | 78,363 | ||||||
Knight-Swift Transportation Holdings, Inc. (Road & Rail) | 2,844 | 160,914 | ||||||
Kohl’s Corp. (Multiline Retail) | 2,579 | 153,992 | ||||||
Kyndryl Holdings, Inc.* (IT Services) | 3,070 | 51,822 | ||||||
Lamar Advertising Co.—Class A (Equity Real Estate Investment Trusts) | 1,488 | 164,811 | ||||||
Lancaster Colony Corp. (Food Products) | 340 | 53,982 | ||||||
Landstar System, Inc. (Road & Rail) | 653 | 104,480 | ||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 2,347 | 129,601 | ||||||
Lear Corp. (Auto Components) | 1,022 | 171,002 | ||||||
Leggett & Platt, Inc. (Household Durables) | 2,285 | 91,057 | ||||||
Lennox International, Inc. (Building Products) | 577 | 163,649 | ||||||
LHC Group, Inc.* (Health Care Providers & Services) | 544 | 67,510 | ||||||
Life Storage, Inc. (Equity Real Estate Investment Trusts) | 1,405 | 189,605 | ||||||
Lincoln Electric Holdings, Inc. (Machinery) | 1,012 | 129,374 | ||||||
Lithia Motors, Inc. (Specialty Retail) | 519 | 151,615 | ||||||
Littelfuse, Inc. (Electronic Equipment, Instruments & Components) | 422 | 113,927 | ||||||
LivaNova PLC* (Health Care Equipment & Supplies) | 912 | 68,500 | ||||||
LiveRamp Holdings, Inc.* (IT Services) | 1,167 | 52,107 | ||||||
Louisiana-Pacific Corp. (Paper & Forest Products) | 1,508 | 100,192 | ||||||
Lumentum Holdings, Inc.* (Communications Equipment) | 1,239 | 125,734 | ||||||
Macy’s, Inc. (Multiline Retail) | 5,307 | 135,859 | ||||||
Manhattan Associates, Inc.* (Software) | 1,083 | 144,981 | ||||||
ManpowerGroup, Inc. (Professional Services) | 929 | 97,424 | ||||||
Marriott Vacations Worldwide Corp. (Hotels, Restaurants & Leisure) | 731 | 118,700 | ||||||
Masimo Corp.* (Health Care Equipment & Supplies) | 871 | 191,506 | ||||||
MasTec, Inc.* (Construction & Engineering) | 980 | 84,407 | ||||||
Mattel, Inc.* (Leisure Products) | 6,003 | 125,583 | ||||||
MAXIMUS, Inc. (IT Services) | 1,054 | 81,495 | ||||||
MDU Resources Group, Inc. (Multi-Utilities) | 3,485 | 102,354 | ||||||
Medical Properties Trust, Inc. (Equity Real Estate Investment Trusts) | 10,218 | 232,561 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 493 | 87,488 | ||||||
Mercury General Corp. (Insurance) | 455 | 24,870 | ||||||
Mercury Systems, Inc.* (Aerospace & Defense) | 971 | 55,269 | ||||||
MGIC Investment Corp. (Thrifts & Mortgage Finance) | 5,579 | 84,689 | ||||||
MillerKnoll, Inc. (Commercial Services & Supplies) | 1,298 | 50,129 | ||||||
Mimecast, Ltd.* (Software) | 1,058 | 84,333 | ||||||
Minerals Technologies, Inc. (Chemicals) | 570 | 39,883 | ||||||
MKS Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 950 | 147,563 | ||||||
Molina Healthcare, Inc.* (Health Care Providers & Services) | 1,001 | 290,770 | ||||||
MSA Safety, Inc. (Commercial Services & Supplies) | 625 | 85,875 | ||||||
MSC Industrial Direct Co., Inc. (Trading Companies & Distributors) | 802 | 65,475 | ||||||
Murphy Oil Corp. (Oil, Gas & Consumable Fuels) | 2,488 | 78,621 | ||||||
Murphy USA, Inc. (Specialty Retail) | 404 | 79,451 | ||||||
National Fuel Gas Co. (Gas Utilities) | 1,562 | 94,860 | ||||||
National Instruments Corp. (Electronic Equipment, Instruments & Components) | 2,260 | 93,157 | ||||||
National Retail Properties, Inc. (Equity Real Estate Investment Trusts) | 3,009 | 133,539 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 1,404 | 86,430 | ||||||
Navient Corp. (Consumer Finance) | 2,762 | 48,142 | ||||||
NCR Corp.* (Technology Hardware, Storage & Peripherals) | 2,262 | 86,092 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 1,842 | 67,178 | ||||||
Neurocrine Biosciences, Inc.* (Biotechnology) | 1,626 | 128,487 | ||||||
New Jersey Resources Corp. (Gas Utilities) | 1,652 | 66,427 | ||||||
New York Community Bancorp, Inc. (Thrifts & Mortgage Finance) | 7,968 | 92,907 | ||||||
NewMarket Corp. (Chemicals) | 118 | 39,892 | ||||||
Nordson Corp. (Machinery) | 926 | 215,331 | ||||||
Nordstrom, Inc.* (Multiline Retail) | 1,906 | 42,885 | ||||||
NorthWestern Corp. (Multi-Utilities) | 902 | 52,424 | ||||||
NOV, Inc. (Energy Equipment & Services) | 6,692 | 109,883 | ||||||
Nu Skin Enterprises, Inc.—Class A (Personal Products) | 854 | 41,154 | ||||||
NuVasive, Inc.* (Health Care Equipment & Supplies) | 887 | 46,133 | ||||||
nVent Electric PLC (Electrical Equipment) | 2,883 | 99,723 | ||||||
OGE Energy Corp. (Electric Utilities) | 3,430 | 130,065 | ||||||
Old Republic International Corp. (Insurance) | 4,893 | 125,408 | ||||||
Olin Corp. (Chemicals) | 2,458 | 124,547 | ||||||
Ollie’s Bargain Outlet Holdings, Inc.* (Multiline Retail) | 1,037 | 49,714 | ||||||
Omega Healthcare Investors, Inc. (Equity Real Estate Investment Trusts) | 4,095 | 128,911 | ||||||
ONE Gas, Inc. (Gas Utilities) | 918 | 71,503 | ||||||
Option Care Health, Inc.* (Health Care Providers & Services) | 2,373 | 55,457 | ||||||
Oshkosh Corp. (Machinery) | 1,176 | 133,841 | ||||||
Owens Corning (Building Products) | 1,722 | 152,741 |
See accompanying notes to the financial statements.
156 :: UltraMid-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
PacWest Bancorp (Banks) | 2,009 | $ | 93,278 | |||||
Papa John’s International, Inc. (Hotels, Restaurants & Leisure) | 555 | 68,515 | ||||||
Park Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 4,052 | 73,746 | ||||||
Patterson Cos., Inc. (Health Care Providers & Services) | 1,484 | 42,576 | ||||||
Paylocity Holding Corp.* (Software) | 679 | 138,502 | ||||||
Pebblebrook Hotel Trust (Equity Real Estate Investment Trusts) | 2,251 | 48,734 | ||||||
Penumbra, Inc.* (Health Care Equipment & Supplies) | 602 | 136,057 | ||||||
Performance Food Group Co.* (Food & Staples Retailing) | 2,644 | 111,550 | ||||||
Perrigo Co. PLC (Pharmaceuticals) | 2,292 | 87,256 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 3,775 | 68,932 | ||||||
Pilgrim’s Pride Corp.* (Food Products) | 835 | 23,355 | ||||||
Pinnacle Financial Partners, Inc. (Banks) | 1,305 | 126,207 | ||||||
PNM Resources, Inc. (Electric Utilities) | 1,471 | 65,916 | ||||||
Polaris, Inc. (Leisure Products) | 977 | 110,000 | ||||||
Post Holdings, Inc.* (Food Products) | 1,003 | 106,137 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 1,150 | 61,859 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 1,034 | 83,454 | ||||||
Primerica, Inc. (Insurance) | 677 | 104,488 | ||||||
PROG Holdings, Inc.* (Consumer Finance) | 972 | 38,695 | ||||||
Progyny, Inc.* (Health Care Providers & Services) | 1,193 | 48,317 | ||||||
Prosperity Bancshares, Inc. (Banks) | 1,579 | 115,662 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 345 | 57,601 | ||||||
Qualys, Inc.* (Software) | 572 | 73,296 | ||||||
Quidel Corp.* (Health Care Equipment & Supplies) | 650 | 67,184 | ||||||
R1 RCM, Inc.* (Health Care Providers & Services) | 2,283 | 54,290 | ||||||
Rayonier, Inc. (Equity Real Estate Investment Trusts) | 2,453 | 89,633 | ||||||
Regal Rexnord Corp. (Electrical Equipment) | 1,161 | 183,995 | ||||||
Reinsurance Group of America, Inc. (Insurance) | 1,158 | 132,973 | ||||||
Reliance Steel & Aluminum Co. (Metals & Mining) | 1,074 | 164,193 | ||||||
RenaissanceRe Holdings, Ltd. (Insurance) | 789 | 124,007 | ||||||
Repligen Corp.* (Biotechnology) | 881 | 174,737 | ||||||
Rexford Industrial Realty, Inc. (Equity Real Estate Investment Trusts) | 2,596 | 189,948 | ||||||
RH* (Specialty Retail) | 297 | 119,638 | ||||||
RLI Corp. (Insurance) | 682 | 71,460 | ||||||
Royal Gold, Inc. (Metals & Mining) | 1,125 | 114,244 | ||||||
RPM International, Inc. (Chemicals) | 2,223 | 196,981 | ||||||
Ryder System, Inc. (Road & Rail) | 920 | 67,335 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 3,919 | 53,338 | ||||||
Sabre Corp.* (IT Services) | 5,542 | 50,709 | ||||||
Saia, Inc.* (Road & Rail) | 451 | 128,210 | ||||||
Sailpoint Technologies Holding, Inc.* (Software) | 1,598 | 61,827 | ||||||
Sanderson Farms, Inc. (Food Products) | 364 | 66,976 | ||||||
Science Applications International Corp. (Professional Services) | 986 | 80,882 | ||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure) | 1,654 | 95,436 | ||||||
SEI Investments Co. (Capital Markets) | 1,816 | 106,436 | ||||||
Selective Insurance Group, Inc. (Insurance) | 1,030 | 81,267 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 1,103 | 78,423 | ||||||
Sensient Technologies Corp. (Chemicals) | 720 | 61,013 | ||||||
Service Corp. International (Diversified Consumer Services) | 2,826 | 174,421 | ||||||
Silgan Holdings, Inc. (Containers & Packaging) | 1,438 | 64,394 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 689 | 113,816 | ||||||
Simpson Manufacturing Co., Inc. (Building Products) | 744 | 83,916 | ||||||
SiTime Corp.* (Semiconductors & Semiconductor Equipment) | 257 | 59,904 | ||||||
Six Flags Entertainment Corp.* (Hotels, Restaurants & Leisure) | 1,326 | 52,364 | ||||||
Skechers U.S.A., Inc.*—Class A (Textiles, Apparel & Luxury Goods) | 2,311 | 97,062 | ||||||
SL Green Realty Corp. (Equity Real Estate Investment Trusts) | 1,146 | 83,108 | ||||||
SLM Corp. (Consumer Finance) | 5,024 | 92,140 | ||||||
Sonoco Products Co. (Containers & Packaging) | 1,685 | 95,438 | ||||||
Southwest Gas Holdings, Inc. (Gas Utilities) | 1,035 | 70,566 | ||||||
Spire, Inc. (Gas Utilities) | 886 | 58,405 | ||||||
Spirit Realty Capital, Inc. (Equity Real Estate Investment Trusts) | 2,113 | 100,283 | ||||||
Sprouts Farmers Market, Inc.* (Food & Staples Retailing) | 1,923 | 52,190 | ||||||
STAAR Surgical Co.* (Health Care Equipment & Supplies) | 816 | 59,340 | ||||||
Steel Dynamics, Inc. (Metals & Mining) | 3,231 | 179,385 | ||||||
Stericycle, Inc.* (Commercial Services & Supplies) | 1,574 | 92,457 | ||||||
Stifel Financial Corp. (Capital Markets) | 1,784 | 133,622 | ||||||
STORE Capital Corp. (Equity Real Estate Investment Trusts) | 4,205 | 133,341 | ||||||
SunPower Corp.* (Semiconductors & Semiconductor Equipment) | 1,423 | 23,878 | ||||||
Sunrun, Inc.* (Electrical Equipment) | 3,547 | 91,974 | ||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment) | 673 | 141,566 | ||||||
Syneos Health, Inc.* (Life Sciences Tools & Services) | 1,777 | 160,925 | ||||||
Synovus Financial Corp. (Banks) | 2,493 | 124,052 | ||||||
Tandem Diabetes Care, Inc.* (Health Care Equipment & Supplies) | 1,089 | 128,622 | ||||||
Targa Resources Corp. (Oil, Gas & Consumable Fuels) | 3,924 | 231,829 | ||||||
Taylor Morrison Home Corp.* (Household Durables) | 2,106 | 64,633 | ||||||
TD SYNNEX Corp. (Electronic Equipment, Instruments & Components) | 707 | 73,931 | ||||||
TEGNA, Inc. (Media) | 3,792 | 73,413 | ||||||
Tempur Sealy International, Inc. (Household Durables) | 3,299 | 131,334 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraMid-Cap ProFund :: 157
Common Stocks, continued
Shares | Value | |||||||
Tenet Healthcare Corp.* (Health Care Providers & Services) | 1,836 | $ | 136,084 | |||||
Teradata Corp.* (IT Services) | 1,859 | 74,992 | ||||||
Terex Corp. (Machinery) | 1,196 | 49,897 | ||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 927 | 129,029 | ||||||
Texas Capital Bancshares, Inc.* (Banks) | 867 | 54,361 | ||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 1,193 | 101,870 | ||||||
The Boston Beer Co., Inc.*—Class A (Beverages) | 161 | 67,754 | ||||||
The Brink’s Co. (Commercial Services & Supplies) | 842 | 58,755 | ||||||
The Chemours Co. (Chemicals) | 2,792 | 91,326 | ||||||
The Goodyear Tire & Rubber Co.* (Auto Components) | 4,817 | 99,856 | ||||||
The Hain Celestial Group, Inc.* (Food Products) | 1,592 | 58,156 | ||||||
The Hanover Insurance Group, Inc. (Insurance) | 610 | 84,156 | ||||||
The Macerich Co. (Equity Real Estate Investment Trusts) | 3,651 | 60,388 | ||||||
The Middleby Corp.* (Machinery) | 953 | 176,496 | ||||||
The New York Times Co.—Class A (Media) | 2,863 | 114,606 | ||||||
The Scotts Miracle-Gro Co.—Class A (Chemicals) | 698 | 105,538 | ||||||
The Timken Co. (Machinery) | 1,183 | 79,024 | ||||||
The Toro Co. (Machinery) | 1,824 | 176,162 | ||||||
The Wendy’s Co. (Hotels, Restaurants & Leisure) | 3,025 | 69,666 | ||||||
The Western Union Co. (IT Services) | 6,889 | 130,271 | ||||||
Thor Industries, Inc. (Automobiles) | 952 | 90,050 | ||||||
Toll Brothers, Inc. (Household Durables) | 1,961 | 115,640 | ||||||
TopBuild Corp.* (Household Durables) | 564 | 131,215 | ||||||
Travel + Leisure Co. (Hotels, Restaurants & Leisure) | 1,479 | 84,007 | ||||||
Trex Co., Inc.* (Building Products) | 1,973 | 180,470 | ||||||
Tri Pointe Homes, Inc.* (Household Durables) | 1,904 | 45,334 | ||||||
Trinity Industries, Inc. (Machinery) | 1,402 | 40,279 | ||||||
TripAdvisor, Inc.* (Interactive Media & Services) | 1,697 | 46,074 | ||||||
UGI Corp. (Gas Utilities) | 3,585 | 162,581 | ||||||
UMB Financial Corp. (Banks) | 737 | 72,558 | ||||||
Umpqua Holdings Corp. (Banks) | 3,710 | 75,239 | ||||||
United Bankshares, Inc. (Banks) | 2,335 | 82,496 | ||||||
United States Steel Corp. (Metals & Mining) | 4,631 | 95,954 | ||||||
United Therapeutics Corp.* (Biotechnology) | 772 | 155,844 | ||||||
Univar Solutions, Inc.* (Trading Companies & Distributors) | 2,929 | 77,619 | ||||||
Universal Display Corp. (Semiconductors & Semiconductor Equipment) | 743 | 114,058 | ||||||
Unum Group (Insurance) | 3,503 | 88,906 | ||||||
Urban Edge Properties (Equity Real Estate Investment Trusts) | 1,887 | 34,419 | ||||||
Urban Outfitters, Inc.* (Specialty Retail) | 1,129 | 32,425 | ||||||
Valley National Bancorp (Banks) | 6,973 | 97,064 | ||||||
Valmont Industries, Inc. (Construction & Engineering) | 364 | 79,072 | ||||||
Valvoline, Inc. (Chemicals) | 3,097 | 102,015 | ||||||
ViaSat, Inc.* (Communications Equipment) | 1,259 | 55,421 | ||||||
Vicor Corp.* (Electrical Equipment) | 368 | 34,713 | ||||||
Victoria’s Secret & Co.* (Specialty Retail) | 1,242 | 69,341 | ||||||
Vishay Intertechnology, Inc. (Electronic Equipment, Instruments & Components) | 2,273 | 47,074 | ||||||
Visteon Corp.* (Auto Components) | 480 | 48,725 | ||||||
Vontier Corp. (Electronic Equipment, Instruments & Components) | 2,897 | 81,435 | ||||||
Voya Financial, Inc. (Diversified Financial Services) | 1,902 | 129,260 | ||||||
Washington Federal, Inc. (Thrifts & Mortgage Finance) | 1,116 | 39,082 | ||||||
Watsco, Inc. (Trading Companies & Distributors) | 566 | 159,928 | ||||||
Watts Water Technologies, Inc.—Class A (Machinery) | 470 | 72,009 | ||||||
Webster Financial Corp. (Banks) | 3,068 | 174,293 | ||||||
Werner Enterprises, Inc. (Road & Rail) | 1,043 | 46,507 | ||||||
WEX, Inc.* (IT Services) | 768 | 123,633 | ||||||
Williams-Sonoma, Inc. (Specialty Retail) | 1,274 | 204,527 | ||||||
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 511 | 78,311 | ||||||
Wintrust Financial Corp. (Banks) | 976 | 95,716 | ||||||
Wolfspeed, Inc.* (Semiconductors & Semiconductor Equipment) | 1,986 | 187,160 | ||||||
Woodward, Inc. (Machinery) | 1,080 | 119,092 | ||||||
World Wrestling Entertainment, Inc.—Class A (Entertainment) | 766 | 38,254 | ||||||
Worthington Industries, Inc. (Metals & Mining) | 554 | 30,016 | ||||||
Wyndham Hotels & Resorts, Inc. (Hotels, Restaurants & Leisure) | 1,597 | 134,067 | ||||||
Xerox Holdings Corp. (Technology Hardware, Storage & Peripherals) | 2,355 | 49,714 | ||||||
XPO Logistics, Inc.* (Air Freight & Logistics) | 1,690 | 111,827 | ||||||
Yelp, Inc.* (Interactive Media & Services) | 1,176 | 40,619 | ||||||
YETI Holdings, Inc.* (Leisure Products) | 1,502 | 98,501 | ||||||
Ziff Davis, Inc.* (Software) | 826 | 86,780 | ||||||
TOTAL COMMON STOCKS (Cost $26,836,458) | 39,315,229 |
Repurchase Agreements(b)(c) (16.9%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $8,412,000 | $ | 8,412,000 | $ | 8,412,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $8,412,000) | 8,412,000 |
See accompanying notes to the financial statements.
158 :: UltraMid-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Collateral for Securities Loaned(d) (0.2%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 95,000 | $ | 95,000 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $95,000) | 95,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $35,343,458)—96.1% | 47,822,229 | |||||||
Net other assets (liabilities)—3.9% | 1,927,834 | |||||||
NET ASSETS—100.0% | $ | 49,750,063 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $103,484. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $6,133,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P MidCap 400 | Goldman Sachs International | 2/28/22 | 0.58 | % | $ | 40,979,724 | $ | 1,533,746 | ||||||||
SPDR S&P MidCap 400 ETF | Goldman Sachs International | 2/28/22 | 0.35 | % | 10,595,644 | 428,488 | ||||||||||
$ | 51,575,368 | $ | 1,962,234 | |||||||||||||
S&P MidCap 400 | UBS AG | 2/28/22 | 0.43 | % | $ | 4,108,360 | $ | 164,794 | ||||||||
SPDR S&P MidCap 400 ETF | UBS AG | 2/28/22 | 0.38 | % | 4,280,398 | 173,085 | ||||||||||
$ | 8,388,758 | $ | 337,879 | |||||||||||||
$ | 59,964,126 | $ | 2,300,113 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraMid-Cap ProFund :: 159
UltraMid-Cap ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 376,946 | 0.8 | % | ||||
Air Freight & Logistics | 248,991 | 0.5 | % | |||||
Airlines | 79,734 | 0.2 | % | |||||
Auto Components | 664,199 | 1.3 | % | |||||
Automobiles | 181,211 | 0.4 | % | |||||
Banks | 2,632,058 | 5.3 | % | |||||
Beverages | 67,754 | 0.1 | % | |||||
Biotechnology | 734,967 | 1.5 | % | |||||
Building Products | 803,851 | 1.6 | % | |||||
Capital Markets | 690,339 | 1.4 | % | |||||
Chemicals | 1,030,008 | 2.1 | % | |||||
Commercial Services & Supplies | 601,797 | 1.2 | % | |||||
Communications Equipment | 404,471 | 0.8 | % | |||||
Construction & Engineering | 537,796 | 1.1 | % | |||||
Construction Materials | 101,657 | 0.2 | % | |||||
Consumer Finance | 227,279 | 0.4 | % | |||||
Containers & Packaging | 319,064 | 0.6 | % | |||||
Diversified Consumer Services | 341,186 | 0.7 | % | |||||
Diversified Financial Services | 252,590 | 0.5 | % | |||||
Diversified Telecommunication Services | 81,268 | 0.2 | % | |||||
Electric Utilities | 428,545 | 0.9 | % | |||||
Electrical Equipment | 753,294 | 1.5 | % | |||||
Electronic Equipment, Instruments & Components | 1,245,307 | 2.5 | % | |||||
Energy Equipment & Services | 187,454 | 0.4 | % | |||||
Entertainment | 38,254 | 0.1 | % | |||||
Equity Real Estate Investment Trusts | 3,898,979 | 7.8 | % | |||||
Food & Staples Retailing | 465,021 | 0.9 | % | |||||
Food Products | 689,181 | 1.4 | % | |||||
Gas Utilities | 524,341 | 1.0 | % | |||||
Health Care Equipment & Supplies | 1,170,551 | 2.3 | % | |||||
Health Care Providers & Services | 1,157,702 | 2.3 | % | |||||
Hotels, Restaurants & Leisure | 1,172,938 | 2.4 | % | |||||
Household Durables | 727,731 | 1.5 | % | |||||
Household Products | 40,468 | 0.1 | % | |||||
Industrial Conglomerates | 200,202 | 0.4 | % | |||||
Insurance | 1,543,700 | 3.1 | % | |||||
Interactive Media & Services | 86,693 | 0.2 | % | |||||
IT Services | 1,039,925 | 2.1 | % | |||||
Leisure Products | 501,929 | 1.0 | % | |||||
Life Sciences Tools & Services | 364,364 | 0.7 | % | |||||
Machinery | 2,084,541 | 4.2 | % | |||||
Marine | 67,135 | 0.1 | % | |||||
Media | 357,181 | 0.7 | % | |||||
Metals & Mining | 968,349 | 1.9 | % | |||||
Multiline Retail | 382,450 | 0.8 | % | |||||
Multi-Utilities | 228,886 | 0.5 | % | |||||
Oil, Gas & Consumable Fuels | 761,871 | 1.5 | % | |||||
Paper & Forest Products | 100,192 | 0.2 | % | |||||
Personal Products | 89,914 | 0.2 | % | |||||
Pharmaceuticals | 233,529 | 0.5 | % | |||||
Professional Services | 635,962 | 1.3 | % | |||||
Real Estate Management & Development | 216,933 | 0.4 | % | |||||
Road & Rail | 628,482 | 1.3 | % | |||||
Semiconductors & Semiconductor Equipment | 1,533,130 | 3.1 | % | |||||
Software | 1,428,574 | 2.9 | % | |||||
Specialty Retail | 1,262,296 | 2.5 | % | |||||
Technology Hardware, Storage & Peripherals | 135,806 | 0.3 | % | |||||
Textiles, Apparel & Luxury Goods | 724,612 | 1.4 | % | |||||
Thrifts & Mortgage Finance | 303,029 | 0.6 | % | |||||
Trading Companies & Distributors | 366,528 | 0.7 | % | |||||
Water Utilities | 192,084 | 0.4 | % | |||||
Other** | 10,434,834 | 21.0 | % | |||||
Total | $ | 49,750,063 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
160 :: UltraNasdaq-100 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (76.7%)
Shares | Value | |||||||
Activision Blizzard, Inc. (Entertainment) | 37,708 | $ | 2,979,309 | |||||
Adobe, Inc.* (Software) | 23,033 | 12,306,532 | ||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 58,459 | 6,678,941 | ||||||
Airbnb, Inc.*—Class A (Hotels, Restaurants & Leisure) | 16,788 | 2,584,848 | ||||||
Align Technology, Inc.* (Health Care Equipment & Supplies) | 3,817 | 1,889,262 | ||||||
Alphabet, Inc.*—Class A (Interactive Media & Services) | 8,777 | 23,751,176 | ||||||
Alphabet, Inc.*—Class C (Interactive Media & Services) | 9,270 | 25,158,502 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 14,797 | 44,264,781 | ||||||
American Electric Power Co., Inc. (Electric Utilities) | 24,380 | 2,203,952 | ||||||
Amgen, Inc. (Biotechnology) | 27,283 | 6,197,060 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 26,010 | 4,264,860 | ||||||
ANSYS, Inc.* (Software) | 4,225 | 1,436,542 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 478,702 | 83,667,536 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 43,712 | 6,040,124 | ||||||
ASML Holding N.V.NYS (Semiconductors & Semiconductor Equipment) | 3,924 | 2,657,333 | ||||||
Atlassian Corp. PLC*—Class A (Software) | 6,799 | 2,205,188 | ||||||
Autodesk, Inc.* (Software) | 10,644 | 2,658,765 | ||||||
Automatic Data Processing, Inc. (IT Services) | 20,399 | 4,205,662 | ||||||
Baidu, Inc.*ADR (Interactive Media & Services) | 11,751 | 1,877,105 | ||||||
Biogen, Inc.* (Biotechnology) | 7,111 | 1,607,086 | ||||||
Booking Holdings, Inc.* (Hotels, Restaurants & Leisure) | 1,988 | 4,882,786 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 19,926 | 11,674,245 | ||||||
Cadence Design Systems, Inc.* (Software) | 13,418 | 2,041,415 | ||||||
Charter Communications, Inc.*—Class A (Media) | 8,680 | 5,150,191 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 5,006 | 1,959,999 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 204,179 | 11,366,645 | ||||||
Cognizant Technology Solutions Corp.— Class A (IT Services) | 25,428 | 2,172,060 | ||||||
Comcast Corp.—Class A (Media) | 220,732 | 11,034,393 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 11,483 | 1,484,178 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 21,388 | 10,803,720 | ||||||
Crowdstrike Holdings, Inc.*—Class A (Software) | 9,963 | 1,799,716 | ||||||
CSX Corp. (Road & Rail) | 107,376 | 3,674,407 | ||||||
Datadog, Inc.*—Class A (Software) | 12,452 | 1,819,362 | ||||||
DexCom, Inc.* (Health Care Equipment & Supplies) | 4,692 | 2,019,812 | ||||||
DocuSign, Inc.* (Software) | 9,525 | 1,197,959 | ||||||
Dollar Tree, Inc.* (Multiline Retail) | 10,891 | 1,429,117 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 30,308 | 1,820,602 | ||||||
Electronic Arts, Inc. (Entertainment) | 13,692 | 1,816,381 | ||||||
Exelon Corp. (Electric Utilities) | 47,364 | 2,744,744 | ||||||
Fastenal Co. (Trading Companies & Distributors) | 27,847 | 1,578,368 | ||||||
Fiserv, Inc.* (IT Services) | 31,958 | 3,377,961 | ||||||
Fortinet, Inc.* (Software) | 7,916 | 2,352,952 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 60,728 | 4,170,799 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 33,327 | 6,814,705 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 4,104 | 2,081,959 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 7,568 | 2,639,870 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 196,888 | 9,612,072 | ||||||
Intuit, Inc. (Software) | 13,707 | 7,610,538 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 17,302 | 4,916,883 | ||||||
JD.com, Inc.*ADR (Internet & Direct Marketing Retail) | 35,902 | 2,688,342 | ||||||
Keurig Dr Pepper, Inc. (Beverages) | 68,646 | 2,605,116 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 7,340 | 2,857,242 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 6,815 | 4,020,305 | ||||||
Lucid Group, Inc.*(a) (Automobiles) | 79,704 | 2,342,501 | ||||||
Lululemon Athletica, Inc.* (Textiles, Apparel & Luxury Goods) | 6,034 | 2,013,908 | ||||||
Marriott International, Inc.*—Class A (Hotels, Restaurants & Leisure) | 15,766 | 2,540,218 | ||||||
Marvell Technology, Inc. (Semiconductors & Semiconductor Equipment) | 39,875 | 2,847,075 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 13,706 | 1,544,666 | ||||||
Mercadolibre, Inc.* (Internet & Direct Marketing Retail) | 2,444 | 2,766,755 | ||||||
Meta Platforms, Inc.*—Class A (Interactive Media & Services) | 103,405 | 32,392,651 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 26,865 | 2,081,500 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 54,148 | 4,454,756 | ||||||
Microsoft Corp. (Software) | 219,079 | 68,129,186 | ||||||
Moderna, Inc.* (Biotechnology) | 19,629 | 3,323,779 | ||||||
Mondelez International, Inc.—Class A (Food Products) | 67,532 | 4,526,670 | ||||||
Monster Beverage Corp.* (Beverages) | 25,614 | 2,221,246 | ||||||
NetEase, Inc.ADR (Entertainment) | 13,718 | 1,417,892 | ||||||
Netflix, Inc.* (Entertainment) | 21,444 | 9,159,590 | ||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 102,676 | 25,141,245 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 12,873 | 2,644,629 | ||||||
Okta, Inc.* (IT Services) | 7,147 | 1,414,320 | ||||||
Old Dominion Freight Line, Inc. (Road & Rail) | 5,557 | 1,677,825 | ||||||
O’Reilly Automotive, Inc.* (Specialty Retail) | 3,261 | 2,125,357 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraNasdaq-100 ProFund :: 161
Common Stocks, continued
Shares | Value | |||||||
PACCAR, Inc. (Machinery) | 16,811 | $ | 1,563,255 | |||||
Palo Alto Networks, Inc.* (Software) | 4,778 | 2,472,137 | ||||||
Paychex, Inc. (IT Services) | 17,458 | 2,055,854 | ||||||
PayPal Holdings, Inc.* (IT Services) | 56,866 | 9,777,539 | ||||||
PepsiCo, Inc. (Beverages) | 66,924 | 11,612,652 | ||||||
Pinduoduo, Inc.*ADR (Internet & Direct Marketing Retail) | 20,119 | 1,203,921 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 54,220 | 9,529,707 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 5,119 | 3,115,372 | ||||||
Ross Stores, Inc. (Specialty Retail) | 17,205 | 1,681,789 | ||||||
Seagen, Inc.* (Biotechnology) | 8,852 | 1,190,683 | ||||||
Sirius XM Holdings, Inc.(a) (Media) | 193,629 | 1,231,480 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 8,007 | 1,173,186 | ||||||
Splunk, Inc.* (Software) | 7,822 | 969,302 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 56,796 | 5,584,183 | ||||||
Synopsys, Inc.* (Software) | 7,382 | 2,292,111 | ||||||
Tesla, Inc.* (Automobiles) | 29,304 | 27,449,642 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 44,709 | 8,024,818 | ||||||
The Kraft Heinz Co. (Food Products) | 59,250 | 2,121,150 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 60,469 | 6,540,932 | ||||||
VeriSign, Inc.* (IT Services) | 5,377 | 1,167,777 | ||||||
Verisk Analytics, Inc. (Professional Services) | 7,802 | 1,530,206 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 12,309 | 2,991,702 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 41,897 | 2,084,795 | ||||||
Workday, Inc.*—Class A (Software) | 9,343 | 2,363,872 | ||||||
Xcel Energy, Inc. (Electric Utilities) | 26,080 | 1,816,733 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 12,000 | 2,322,600 | ||||||
Zoom Video Communications, Inc.*— Class A (Software) | 11,727 | 1,809,242 | ||||||
Zscaler, Inc.* (Software) | 6,781 | 1,743,463 | ||||||
TOTAL COMMON STOCKS (Cost $231,431,037) | 669,039,280 |
Repurchase Agreements(b)(c) (15.0%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $130,592,000 | $ | 130,592,000 | $ | 130,592,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $130,592,000) | 130,592,000 |
Collateral for Securities Loaned(d) (0.4%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio—Institutional Shares, 0.03%(e) | 3,154,935 | $ | 3,154,935 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $3,154,935) | 3,154,935 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $365,177,972)—92.1% | 802,786,215 | |||||||
Net other assets (liabilities)—7.9% | 69,270,665 | |||||||
NET ASSETS—100.0% | $ | 872,056,880 |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $3,160,985. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $98,915,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
ADR | American Depositary Receipt |
NYS | New York Shares |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
E-Mini Nasdaq 100 Futures Contracts | 1 | 3/21/22 | $ | 298,100 | $ | (28,521 | ) |
See accompanying notes to the financial statements.
162 :: UltraNasdaq-100 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Invesco QQQ Trust, Series 1 ETF | Goldman Sachs International | 2/28/22 | 0.48 | % | $ | 141,633,521 | $ | 8,555,971 | ||||||||
Nasdaq-100 Index | Goldman Sachs International | 2/28/22 | 0.68 | % | 452,288,994 | 28,275,963 | ||||||||||
$ | 593,922,515 | $ | 36,831,934 | |||||||||||||
Invesco QQQ Trust, Series 1 ETF | UBS AG | 2/28/22 | 0.48 | % | $ | 160,005,674 | $ | 9,665,819 | ||||||||
Nasdaq-100 Index | UBS AG | 2/28/22 | 0.88 | % | 319,155,200 | 22,651,165 | ||||||||||
$ | 479,160,874 | $ | 32,316,984 | |||||||||||||
$ | 1,073,083,389 | $ | 69,148,918 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
UltraNasdaq-100 ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Automobiles | $ | 29,792,143 | 3.4 | % | ||||
Beverages | 16,439,014 | 1.9 | % | |||||
Biotechnology | 22,596,481 | 2.6 | % | |||||
Commercial Services & Supplies | 3,444,177 | 0.4 | % | |||||
Communications Equipment | 11,366,645 | 1.3 | % | |||||
Electric Utilities | 6,765,429 | 0.8 | % | |||||
Entertainment | 15,373,172 | 1.8 | % | |||||
Food & Staples Retailing | 12,888,515 | 1.5 | % | |||||
Food Products | 6,647,820 | 0.8 | % | |||||
Health Care Equipment & Supplies | 10,907,916 | 1.2 | % | |||||
Hotels, Restaurants & Leisure | 15,592,035 | 1.8 | % | |||||
Industrial Conglomerates | 6,814,705 | 0.8 | % | |||||
Interactive Media & Services | 84,724,100 | 9.7 | % | |||||
Internet & Direct Marketing Retail | 52,744,401 | 6.0 | % | |||||
IT Services | 24,171,173 | 2.8 | % | |||||
Life Sciences Tools & Services | 2,639,870 | 0.3 | % | |||||
Machinery | 1,563,255 | 0.2 | % | |||||
Media | 17,416,064 | 2.0 | % | |||||
Multiline Retail | 1,429,117 | 0.2 | % | |||||
Professional Services | 1,530,206 | 0.2 | % | |||||
Road & Rail | 5,352,232 | 0.6 | % | |||||
Semiconductors & Semiconductor Equipment | 106,024,638 | 12.1 | % | |||||
Software | 115,208,283 | 13.2 | % | |||||
Specialty Retail | 3,807,145 | 0.4 | % | |||||
Technology Hardware, Storage & Peripherals | 83,667,536 | 9.6 | % | |||||
Textiles, Apparel & Luxury Goods | 2,013,908 | 0.2 | % | |||||
Trading Companies & Distributors | 1,578,368 | 0.2 | % | |||||
Wireless Telecommunication Services | 6,540,932 | 0.7 | % | |||||
Other** | 203,017,600 | 23.3 | % | |||||
Total | $ | 872,056,880 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraShort China ProFund :: 163
Repurchase Agreements(a)(b) (94.7%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $4,036,000 | $ | 4,036,000 | $ | 4,036,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $4,036,000) | 4,036,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $4,036,000)—94.7% | 4,036,000 | |||||||
Net other assets (liabilities)—5.3% | 223,758 | |||||||
NET ASSETS—100.0% | $ | 4,259,758 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $460,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P/BNY Mellon China Select ADR Index (USD) | Goldman Sachs International | 2/28/22 | 0.42 | % | $ | (3,917,614 | ) | $ | (391,558 | ) | ||||||
S&P/BNY Mellon China Select ADR Index (USD) | UBS AG | 2/28/22 | 1.17 | % | (4,382,617 | ) | (458,759 | ) | ||||||||
$ | (8,300,231 | ) | $ | (850,317 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
164 :: UltraShort Dow 30 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (104.3%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,545,000 | $ | 2,545,000 | $ | 2,545,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,545,000) | 2,545,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $2,545,000)—104.3% | 2,545,000 | |||||||
Net other assets (liabilities)—(4.3)% | (104,493 | ) | ||||||
NET ASSETS—100.0% | $ | 2,440,507 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $733,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones Industrial Average | Goldman Sachs International | 2/28/22 | (0.43 | )% | $ | (2,802,679 | ) | $ | (86,423 | ) | ||||||
Dow Jones Industrial Average | UBS AG | 2/28/22 | (0.28 | )% | (2,032,800 | ) | (60,024 | ) | ||||||||
$ | (4,835,479 | ) | $ | (146,447 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraShort Emerging Markets ProFund :: 165
Repurchase Agreements(a)(b) (109.5%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $813,000 | $ | 813,000 | $ | 813,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $813,000) | 813,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $813,000)—109.5% | 813,000 | |||||||
Net other assets (liabilities)—(9.5)% | (70,355 | ) | ||||||
NET ASSETS—100.0% | $ | 742,645 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $186,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P/BNY Mellon Emerging 50 ADR Index (USD) | Goldman Sachs International | 2/28/22 | 0.27 | % | $ | (831,386 | ) | $ | (51,797 | ) | ||||||
S&P/BNY Mellon Emerging 50 ADR Index (USD) | UBS AG | 2/28/22 | 0.42 | % | (650,707 | ) | (54,039 | ) | ||||||||
$ | (1,482,093 | ) | $ | (105,836 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
166 :: UltraShort International ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (94.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,586,000 | $ | 1,586,000 | $ | 1,586,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,586,000) | 1,586,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $1,586,000)—94.2% | 1,586,000 | |||||||
Net other assets (liabilities)—5.8% | 98,171 | |||||||
NET ASSETS—100.0% | $ | 1,684,171 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $254,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
MSCI EAFE Index | Goldman Sachs International | 2/28/22 | 0.12 | % | $ | (1,086,590 | ) | $ | (19,340 | ) | ||||||
MSCI EAFE Index | UBS AG | 2/28/22 | 0.22 | % | (2,278,607 | ) | (39,517 | ) | ||||||||
$ | (3,365,197 | ) | $ | (58,857 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraShort Japan ProFund :: 167
Repurchase Agreements(a) (80.8%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $369,000 | $ | 369,000 | $ | 369,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $369,000) | 369,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $369,000)—80.8% | 369,000 | |||||||
Net other assets (liabilities)—19.2% | 87,608 | |||||||
NET ASSETS—100.0% | $ | 456,608 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Futures Contracts Sold
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Nikkei 225 Futures Contracts | 3 | 3/11/22 | $ | (409,950 | ) | $ | 7,641 | |||||||
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Nikkei 225 Stock Average | Goldman Sachs International | 2/28/22 | (0.33 | )% | $ | (505,303 | ) | $ | (11,146 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
168 :: UltraShort Latin America ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (121.5%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $845,000 | $ | 845,000 | $ | 845,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $845,000) | 845,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $845,000)—121.5% | 845,000 | |||||||
Net other assets (liabilities)—(21.5)% | (149,525 | ) | ||||||
NET ASSETS—100.0% | $ | 695,475 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $211,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P/BNY Mellon Latin America 35 ADR Index (USD) | Goldman Sachs International | 2/28/22 | 0.42 | % | $ | (941,621 | ) | $ | (8,966 | ) | ||||||
S&P/BNY Mellon Latin America 35 ADR Index (USD) | UBS AG | 2/28/22 | 0.42 | % | (451,111 | ) | (7,715 | ) | ||||||||
$ | (1,392,732 | ) | $ | (16,681 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraShort Mid-Cap ProFund :: 169
Repurchase Agreements(a)(b) (110.5%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $1,606,000 | $ | 1,606,000 | $ | 1,606,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $1,606,000) | 1,606,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $1,606,000)—110.5% | 1,606,000 | |||||||
Net other assets (liabilities)—(10.5)% | (152,898 | ) | ||||||
NET ASSETS—100.0% | $ | 1,453,102 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $467,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
S&P MidCap 400 | Goldman Sachs International | 2/28/22 | (0.18 | )% | $ | (1,902,744 | ) | $ | (81,678 | ) | ||||||
S&P MidCap 400 | UBS AG | 2/28/22 | (0.08 | )% | (1,015,939 | ) | (46,891 | ) | ||||||||
$ | (2,918,683 | ) | $ | (128,569 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
170 :: UltraShort Nasdaq-100 ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Repurchase Agreements(a)(b) (102.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $126,079,000 | $ | 126,079,000 | $ | 126,079,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $126,079,000) | 126,079,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $126,079,000)—102.2% | 126,079,000 | |||||||
Net other assets (liabilities)—(2.2)% | (2,746,429 | ) | ||||||
NET ASSETS—100.0% | $ | 123,332,571 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $36,079,000. |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Nasdaq-100 Index | Goldman Sachs International | 2/28/22 | (0.43 | )% | $ | (99,874,571 | ) | $ | (3,601,051 | ) | ||||||
Nasdaq-100 Index | UBS AG | 2/28/22 | (0.23 | )% | (147,046,063 | ) | (5,316,823 | ) | ||||||||
$ | (246,920,634 | ) | $ | (8,917,874 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: UltraShort Small-Cap ProFund :: 171
Repurchase Agreements(a)(b) (115.0%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $5,310,000 | $ | 5,310,000 | $ | 5,310,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $5,310,000) | 5,310,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,310,000)—115.0% | 5,310,000 | |||||||
Net other assets (liabilities)—(15.0)% | (694,114 | ) | ||||||
NET ASSETS—100.0% | $ | 4,615,886 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,282,000. |
Futures Contracts Sold
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
E-Mini Russell 2000 Index Futures Contracts | 6 | 3/21/22 | $ | (607,320 | ) | $ | 55,354 |
Total Return Swap Agreements—Short
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Russell 2000 Index | Goldman Sachs International | 2/28/22 | (0.08 | )% | $ | (5,302,368 | ) | $ | (341,475 | ) | ||||||
Russell 2000 Index | UBS AG | 2/28/22 | 0.42 | % | (3,314,487 | ) | (159,108 | ) | ||||||||
$ | (8,616,855 | ) | $ | (500,583 | ) |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
172 :: UltraSmall-Cap ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (80.9%)
Percentage of Net Assets | Shares | Value | ||||||||||
AMC Entertainment Holdings, Inc.* (Entertainment)* | 0.3 | % | 11,716 | $ | 188,159 | |||||||
Antero Resources Corp.* (Oil, Gas & Consumable Fuels)* | 0.2 | % | 6,492 | 126,788 | ||||||||
Arena Pharmaceuticals, Inc.* (Biotechnology)* | 0.2 | % | 1,402 | 128,956 | ||||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology)* | 0.2 | % | 2,294 | 121,031 | ||||||||
ASGN, Inc.* (Professional Services)* | 0.2 | % | 1,156 | 132,790 | ||||||||
Avis Budget Group, Inc.* (Road & Rail)* | 0.2 | % | 938 | 165,257 | ||||||||
Biohaven Pharmaceutical Holding Co., Ltd.* (Biotechnology)* | 0.2 | % | 1,264 | 167,949 | ||||||||
BJ’s Wholesale Club Holdings, Inc.* (Food & Staples Retailing)* | 0.3 | % | 3,111 | 191,234 | ||||||||
Cadence Bank (Banks) | 0.2 | % | 4,269 | 133,065 | ||||||||
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | 0.2 | % | 2,383 | 162,448 | ||||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 0.2 | % | 644 | 116,487 | ||||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods)* | 0.2 | % | 1,319 | 135,357 | ||||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 0.2 | % | 917 | 183,318 | ||||||||
EMCOR Group, Inc. (Construction & Engineering) | 0.2 | % | 1,210 | 144,244 | ||||||||
First Financial Bankshares, Inc. (Banks) | 0.2 | % | 2,948 | 138,528 | ||||||||
Fox Factory Holding Corp.* (Auto Components)* | 0.2 | % | 959 | 127,614 | ||||||||
Glacier Bancorp, Inc. (Banks) | 0.2 | % | 2,502 | 129,929 | ||||||||
Helen of Troy, Ltd.* (Household Durables)* | 0.2 | % | 547 | 114,503 | ||||||||
Houlihan Lokey, Inc. (Capital Markets) | 0.2 | % | 1,160 | 123,285 | ||||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components)* | 0.2 | % | 2,402 | 152,286 | ||||||||
Inspire Medical Systems, Inc.* (Health Care Technology)* | 0.2 | % | 610 | 134,988 | ||||||||
Intellia Therapeutics, Inc.* (Biotechnology)* | 0.2 | % | 1,580 | 149,421 | ||||||||
KBR, Inc. (Professional Services) | 0.2 | % | 3,209 | 139,271 | ||||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment)* | 0.2 | % | 3,074 | 169,746 | ||||||||
Macy’s, Inc. (Multiline Retail) | 0.2 | % | 7,128 | 182,477 | ||||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services)* | 0.2 | % | 657 | 116,590 | ||||||||
Omnicell, Inc.* (Health Care Technology)* | 0.2 | % | 993 | 149,090 | ||||||||
Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | 0.3 | % | 5,951 | 230,898 | ||||||||
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 0.2 | % | 2,213 | 131,164 | ||||||||
Performance Food Group Co.* (Food & Staples Retailing)* | 0.2 | % | 3,440 | 145,134 | ||||||||
Rapid7, Inc.* (Software)* | 0.2 | % | 1,274 | 122,725 | ||||||||
RBC Bearings, Inc.* (Machinery)* | 0.2 | % | 632 | 114,056 | ||||||||
Rogers Corp.* (Electronic Equipment, Instruments & Components)* | 0.2 | % | 425 | 116,004 | ||||||||
Saia, Inc.* (Road & Rail)* | 0.2 | % | 601 | 170,853 | ||||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure)* | 0.2 | % | 2,181 | 125,844 | ||||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment)* | 0.2 | % | 905 | 149,497 | ||||||||
SouthState Corp. (Banks) | 0.2 | % | 1,585 | 133,791 | ||||||||
STAG Industrial, Inc. (Equity Real Estate Investment Trusts) | 0.2 | % | 4,006 | 171,177 | ||||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment)* | 0.2 | % | 890 | 187,213 | ||||||||
Tenet Healthcare Corp.* (Health Care Providers & Services)* | 0.2 | % | 2,413 | 178,851 | ||||||||
Terreno Realty Corp. (Equity Real Estate Investment Trusts) | 0.2 | % | 1,674 | 125,166 | ||||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 0.2 | % | 1,224 | 170,369 | ||||||||
Texas Roadhouse, Inc.— Class A (Hotels, Restaurants & Leisure) | 0.2 | % | 1,587 | 135,513 | ||||||||
The Goodyear Tire & Rubber Co.* (Auto Components)* | 0.2 | % | 6,268 | 129,935 | ||||||||
Valley National Bancorp (Banks) | 0.2 | % | 9,077 | 126,352 | ||||||||
Vonage Holdings Corp.* (Software)* | 0.2 | % | 5,486 | 114,328 | ||||||||
WESCO International, Inc.* (Trading Companies & Distributors)* | 0.2 | % | 1,011 | 123,231 | ||||||||
WillScot Mobile Mini Holdings Corp.* (Construction & Engineering)* | 0.2 | % | 4,800 | 177,793 | ||||||||
Workiva, Inc.* (Software)* | 0.2 | % | 972 | 114,969 | ||||||||
Other Common Stocks | 71.4 | % | 2,465,008 | 53,634,841 | ||||||||
TOTAL COMMON STOCKS (Cost $52,836,853) | 60,754,515 |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Summary Schedule of Portfolio Investments :: UltraSmall-Cap ProFund :: 173
Trust (0.0%)
Interest Units | Value | |||||||
Ferroglobe Representation and Warranty Insurance*+ (Metals & Mining) | 1,320 | $ | — | |||||
TOTAL TRUST (Cost $—) | — |
Repurchase Agreements(a)(b) (17.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $12,804,000 | $ | 12,804,000 | $ | 12,804,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $12,804,000) | 12,804,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $65,640,853)—98.0% | 73,558,515 | |||||||
Net other assets (liabilities)—2.0% | 1,527,146 | |||||||
NET ASSETS—100.0% | $ | 75,085,661 |
* | Non-income producing security. |
+ | This security was fair valued based on procedures approved by the Board of Trustees. As of January 31, 2022, this security represented 0.000% of the net assets of the Fund. |
(a) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $12,804,000. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
E-Mini Russell 2000 Index Futures Contracts | 25 | 3/21/22 | $ | 2,530,500 | $ | (230,734 | ) |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
iShares Russell 2000 ETF | Goldman Sachs International | 2/28/22 | 0.13 | % | $ | 7,647,246 | $ | 369,256 | ||||||||
Russell 2000 Index | Goldman Sachs International | 2/28/22 | 0.48 | % | 24,878,939 | 1,156,189 | ||||||||||
$ | 32,526,185 | $ | 1,525,445 | |||||||||||||
iShares Russell 2000 ETF | UBS AG | 2/28/22 | (0.12 | )% | $ | 21,447,881 | $ | 1,036,201 | ||||||||
Russell 2000 Index | UBS AG | 2/28/22 | 0.08 | % | 32,599,220 | 1,563,159 | ||||||||||
$ | 54,047,101 | $ | 2,599,360 | |||||||||||||
$ | 86,573,286 | $ | 4,124,805 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
174 :: UltraSmall-Cap ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
UltraSmall-Cap ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 381,512 | 0.5 | % | ||||
Air Freight & Logistics | 215,343 | 0.3 | % | |||||
Airlines | 206,502 | 0.3 | % | |||||
Auto Components | 844,116 | 1.1 | % | |||||
Automobiles | 120,435 | 0.2 | % | |||||
Banks | 5,532,613 | 7.4 | % | |||||
Beverages | 250,650 | 0.3 | % | |||||
Biotechnology | 4,600,685 | 6.1 | % | |||||
Building Products | 789,500 | 1.1 | % | |||||
Capital Markets | 991,208 | 1.3 | % | |||||
Chemicals | 1,220,593 | 1.6 | % | |||||
Commercial Services & Supplies | 1,062,678 | 1.4 | % | |||||
Communications Equipment | 525,870 | 0.7 | % | |||||
Construction & Engineering | 954,682 | 1.3 | % | |||||
Construction Materials | 117,293 | 0.2 | % | |||||
Consumer Finance | 477,006 | 0.6 | % | |||||
Containers & Packaging | 149,941 | 0.2 | % | |||||
Distributors | 10,826 | NM | ||||||
Diversified Consumer Services | 447,434 | 0.6 | % | |||||
Diversified Financial Services | 91,147 | 0.1 | % | |||||
Diversified Telecommunication Services | 291,630 | 0.4 | % | |||||
Electric Utilities | 393,561 | 0.5 | % | |||||
Electrical Equipment | 575,310 | 0.8 | % | |||||
Electronic Equipment, Instruments & Components | 1,340,556 | 1.8 | % | |||||
Energy Equipment & Services | 604,625 | 0.8 | % | |||||
Entertainment | 392,745 | 0.5 | % | |||||
Equity Real Estate Investment Trusts | 4,113,746 | 5.5 | % | |||||
Food & Staples Retailing | 635,344 | 0.9 | % | |||||
Food Products | 625,512 | 0.8 | % | |||||
Gas Utilities | 588,152 | 0.8 | % | |||||
Health Care Equipment & Supplies | 1,896,501 | 2.5 | % | |||||
Health Care Providers & Services | 1,625,539 | 2.2 | % | |||||
Health Care Technology | 721,204 | 1.0 | % | |||||
Hotels, Restaurants & Leisure | 1,450,502 | 1.9 | % | |||||
Household Durables | 1,152,438 | 1.5 | % | |||||
Household Products | 181,144 | 0.2 | % | |||||
Independent Power and Renewable Electricity Producers | 195,608 | 0.3 | % | |||||
Insurance | 1,235,189 | 1.6 | % | |||||
Interactive Media & Services | 221,063 | 0.3 | % | |||||
Internet & Direct Marketing Retail | 305,302 | 0.4 | % | |||||
IT Services | 1,006,315 | 1.3 | % | |||||
Leisure Products | 372,867 | 0.5 | % | |||||
Life Sciences Tools & Services | 402,353 | 0.5 | % | |||||
Machinery | 2,289,115 | 3.1 | % | |||||
Marine | 133,438 | 0.2 | % | |||||
Media | 674,712 | 0.9 | % | |||||
Metals & Mining | 775,043 | 1.0 | % | |||||
Mortgage Real Estate Investment Trusts | 827,767 | 1.1 | % | |||||
Multiline Retail | 246,858 | 0.3 | % | |||||
Multi-Utilities | 259,230 | 0.4 | % | |||||
Oil, Gas & Consumable Fuels | 2,592,116 | 3.5 | % | |||||
Paper & Forest Products | 84,522 | 0.1 | % | |||||
Personal Products | 338,200 | 0.5 | % | |||||
Pharmaceuticals | 916,661 | 1.2 | % | |||||
Professional Services | 1,065,320 | 1.4 | % | |||||
Real Estate Management & Development | 538,502 | 0.7 | % | |||||
Road & Rail | 527,330 | 0.7 | % | |||||
Semiconductors & Semiconductor Equipment | 2,139,380 | 2.9 | % | |||||
Software | 3,394,712 | 4.5 | % | |||||
Specialty Retail | 1,456,237 | 1.9 | % | |||||
Technology Hardware, Storage & Peripherals | 167,866 | 0.2 | % | |||||
Textiles, Apparel & Luxury Goods | 433,289 | 0.6 | % | |||||
Thrifts & Mortgage Finance | 1,158,210 | 1.5 | % | |||||
Tobacco | 85,656 | 0.1 | % | |||||
Trading Companies & Distributors | 967,443 | 1.3 | % | |||||
Water Utilities | 267,938 | 0.4 | % | |||||
Wireless Telecommunication Services | 97,730 | 0.1 | % | |||||
Other** | 14,331,146 | 19.1 | % | |||||
Total | $ | 75,085,661 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: U.S. Government Plus ProFund :: 175
Repurchase Agreements(a)(b) (95.8%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $23,826,000 | $ | 23,826,000 | $ | 23,826,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $23,826,000) | 23,826,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $23,826,000)—95.8% | 23,826,000 | |||||||
Net other assets (liabilities)—4.2% | 1,048,621 | |||||||
NET ASSETS—100.0% | $ | 24,874,621 |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,200,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
30-Year U.S. Treasury Bond, 1.875%, due 11/15/51 | Citibank North America | 2/15/22 | 0.15 | % | $ | 30,181,305 | $ | 585,050 | ||||||||
30-Year U.S. Treasury Bond, 1.875%, due 11/15/51 | Societe’ Generale | 2/15/22 | 0.24 | % | 758,563 | 14,786 | ||||||||||
$ | 30,939,868 | $ | 599,836 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
176 :: Utilities UltraSector ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (76.3%)
Shares | Value | |||||||
ALLETE, Inc. (Electric Utilities) | 352 | $ | 22,468 | |||||
Alliant Energy Corp. (Electric Utilities) | 1,675 | 100,266 | ||||||
Ameren Corp. (Multi-Utilities) | 1,724 | 152,988 | ||||||
American Electric Power Co., Inc. (Electric Utilities) | 3,370 | 304,648 | ||||||
American Water Works Co., Inc. (Water Utilities) | 1,215 | 195,372 | ||||||
Atmos Energy Corp. (Gas Utilities) | 887 | 95,103 | ||||||
Avangrid, Inc. (Electric Utilities) | 466 | 21,772 | ||||||
Avista Corp. (Multi-Utilities) | 473 | 21,030 | ||||||
Black Hills Corp. (Multi-Utilities) | 427 | 28,925 | ||||||
CenterPoint Energy, Inc. (Multi-Utilities) | 4,211 | 119,424 | ||||||
Clearway Energy, Inc.—Class A (Independent Power and Renewable Electricity Producers) | 232 | 7,157 | ||||||
Clearway Energy, Inc.—Class C (Independent Power and Renewable Electricity Producers) | 547 | 18,423 | ||||||
CMS Energy Corp. (Multi-Utilities) | 1,939 | 124,833 | ||||||
Consolidated Edison, Inc. (Multi-Utilities) | 2,368 | 204,714 | ||||||
Dominion Energy, Inc. (Multi-Utilities) | 5,419 | 437,096 | ||||||
DTE Energy Co. (Multi-Utilities) | 1,297 | 156,198 | ||||||
Duke Energy Corp. (Electric Utilities) | 5,150 | 541,059 | ||||||
Edison International (Electric Utilities) | 2,542 | 159,612 | ||||||
Entergy Corp. (Electric Utilities) | 1,345 | 150,331 | ||||||
Essential Utilities, Inc. (Water Utilities) | 1,539 | 75,011 | ||||||
Evergy, Inc. (Electric Utilities) | 1,534 | 99,649 | ||||||
Eversource Energy (Electric Utilities) | 2,301 | 205,916 | ||||||
Exelon Corp. (Electric Utilities) | 6,547 | 379,399 | ||||||
FirstEnergy Corp. (Electric Utilities) | 3,643 | 152,860 | ||||||
Hawaiian Electric Industries, Inc. (Electric Utilities) | 731 | 31,068 | ||||||
IDACORP, Inc. (Electric Utilities) | 338 | 37,254 | ||||||
MDU Resources Group, Inc. (Multi-Utilities) | 1,361 | 39,973 | ||||||
National Fuel Gas Co. (Gas Utilities) | 611 | 37,106 | ||||||
New Jersey Resources Corp. (Gas Utilities) | 646 | 25,976 | ||||||
NextEra Energy, Inc. (Electric Utilities) | 13,133 | 1,025,949 | ||||||
NiSource, Inc. (Multi-Utilities) | 2,627 | 76,656 | ||||||
NorthWestern Corp. (Multi-Utilities) | 353 | 20,516 | ||||||
NRG Energy, Inc. (Electric Utilities) | 1,638 | 65,405 | ||||||
ONE Gas, Inc. (Gas Utilities) | 358 | 27,885 | ||||||
PG&E Corp.* (Electric Utilities) | 10,097 | 129,141 | ||||||
Pinnacle West Capital Corp. (Electric Utilities) | 755 | 52,556 | ||||||
PNM Resources, Inc. (Electric Utilities) | 575 | 25,766 | ||||||
Portland General Electric Co. (Electric Utilities) | 598 | 31,419 | ||||||
PPL Corp. (Electric Utilities) | 5,024 | 149,112 | ||||||
Public Service Enterprise Group, Inc. (Multi- Utilities) | 3,383 | 225,071 | ||||||
Sempra Energy (Multi-Utilities) | 2,137 | 295,247 | ||||||
Southwest Gas Holdings, Inc. (Gas Utilities) | 404 | 27,545 | ||||||
Spire, Inc. (Gas Utilities) | 346 | 22,808 | ||||||
The AES Corp. (Independent Power and Renewable Electricity Producers) | 4,461 | 98,945 | ||||||
The Southern Co. (Electric Utilities) | 7,092 | 492,823 | ||||||
UGI Corp. (Gas Utilities) | 1,399 | 63,445 | ||||||
Vistra Corp. (Independent Power and Renewable Electricity Producers) | 3,230 | 70,446 | ||||||
WEC Energy Group, Inc. (Multi-Utilities) | 2,111 | 204,851 | ||||||
Xcel Energy, Inc. (Electric Utilities) | 3,604 | 251,055 | ||||||
TOTAL COMMON STOCKS (Cost $3,264,657) | 7,302,272 |
Repurchase Agreements(a)(b) (22.9%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,193,000 | $ | 2,193,000 | $ | 2,193,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,193,000) | 2,193,000 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,457,657)—99.2% | 9,495,272 | |||||||
Net other assets (liabilities)—0.8% | 76,827 | |||||||
NET ASSETS—100.0% | $ | 9,572,099 |
* | Non-income producing security. |
(a) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $1,409,000. |
Total Return Swap Agreements—Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
Dow Jones U.S. Utilities Index | Goldman Sachs International | 2/23/22 | 0.68 | % | $ | 3,452,682 | $ | 54,346 | ||||||||
Dow Jones U.S. Utilities Index | UBS AG | 2/23/22 | 0.43 | % | 3,632,652 | 55,432 | ||||||||||
$ | 7,085,334 | $ | 109,778 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Schedule of Portfolio Investments :: Utilities UltraSector ProFund :: 177
Utilities UltraSector ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Electric Utilities | $ | 4,429,527 | 46.3 | % | ||||
Gas Utilities | 299,868 | 3.1 | % | |||||
Independent Power and Renewable Electricity Producers | 194,972 | 2.1 | % | |||||
Multi-Utilities | 2,107,522 | 22.0 | % | |||||
Water Utilities | 270,383 | 2.8 | % | |||||
Other** | 2,269,827 | 23.7 | % | |||||
Total | $ | 9,572,099 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
See accompanying notes to the financial statements.
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Statements of Assets and Liabilities
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January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 181
Access Flex Bear High Yield ProFund | Access Flex High Yield ProFund | |||||||
ASSETS: | ||||||||
Total Investment Securities, at cost | $ | 457,000 | $ | 6,951,910 | ||||
Securities, at value | — | 4,817,695 | ||||||
Repurchase agreements, at value | 457,000 | 2,083,000 | ||||||
Total Investment Securities, at value | 457,000 | 6,900,695 | ||||||
Cash | 84 | 160 | ||||||
Segregated cash balances for futures contracts with brokers | 6,105 | 1,018 | ||||||
Segregated cash balances for credit default swap agreements with brokers | 40,858 | 497,705 | ||||||
Interest receivable | — | 5,414 | ||||||
Receivable for capital shares issued | 42,169 | 373,132 | ||||||
Due from Advisor under a Receivables Agreement | 299,294 | — | ||||||
Due from Advisor under an expense limitation agreement | 1,068 | — | ||||||
Variation margin on futures contracts | — | 206 | ||||||
Variation margin on credit default swap agreements | — | 15,686 | ||||||
Prepaid expenses | 4,778 | 24,427 | ||||||
TOTAL ASSETS | 851,356 | 7,818,443 | ||||||
LIABILITIES: | ||||||||
Payable for capital shares redeemed | 48 | 15,821 | ||||||
Variation margin on futures contracts | 422 | — | ||||||
Variation margin on credit default swap agreements | 2,068 | — | ||||||
Advisory fees payable | — | 8,844 | ||||||
Management services fees payable | — | 1,769 | ||||||
Administration fees payable | 39 | 877 | ||||||
Distribution and services fees payable—Service Class | 7 | 2,429 | ||||||
Transfer agency fees payable | 57 | 1,431 | ||||||
Fund accounting fees payable | 22 | 487 | ||||||
Compliance services fees payable | 3 | 70 | ||||||
Service fees payable | 2 | 54 | ||||||
Other accrued expenses | 1,401 | 16,003 | ||||||
TOTAL LIABILITIES | 4,069 | 47,785 | ||||||
NET ASSETS | $ | 847,287 | $ | 7,770,658 | ||||
NET ASSETS CONSIST OF: | ||||||||
Capital | $ | 6,239,165 | $ | 8,125,286 | ||||
Total distributable earnings (loss) | (5,391,878 | ) | (354,628 | ) | ||||
NET ASSETS | $ | 847,287 | $ | 7,770,658 | ||||
NET ASSETS: | ||||||||
Investor Class | $ | 839,895 | $ | 5,051,776 | ||||
Service Class | 7,392 | 2,718,882 | ||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||
Investor Class | 27,637 | 159,280 | ||||||
Service Class | 285 | 86,964 | ||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||
Investor Class | $ | 30.39 | $ | 31.72 | ||||
Service Class | 25.94 | 31.26 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
182 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
Banks UltraSector ProFund | Basic Materials UltraSector ProFund | Bear ProFund | Biotechnology UltraSector ProFund | |||||||||||||
ASSETS: | ||||||||||||||||
Total Investment Securities, at cost | $ | 12,387,071 | $ | 4,120,861 | $ | 10,764,000 | $ | 77,625,559 | ||||||||
Securities, at value(a) | 17,286,714 | 5,508,005 | — | 106,495,734 | ||||||||||||
Repurchase agreements, at value | 4,099,000 | 1,268,000 | 10,764,000 | 25,647,000 | ||||||||||||
Total Investment Securities, at value | 21,385,714 | 6,776,005 | 10,764,000 | 132,142,734 | ||||||||||||
Cash | 794 | 76 | 397 | 60 | ||||||||||||
Segregated cash balances for future contracts with brokers | — | — | — | — | ||||||||||||
Segregated cash balances for swap agreements with custodian | — | — | — | — | ||||||||||||
Dividends receivable | 9,682 | 4,511 | — | 209,738 | ||||||||||||
Receivable for investments sold | 500,316 | — | — | — | ||||||||||||
Receivable for capital shares issued | 476,424 | 16,311 | 35,382 | 154,778 | ||||||||||||
Due from Advisor under an expense limitation agreement | — | — | — | — | ||||||||||||
Unrealized appreciation on swap agreements | 230,128 | 5,048 | — | 1,886,688 | ||||||||||||
Variation margin on futures contracts | — | — | — | — | ||||||||||||
Prepaid expenses | 20,495 | 7,892 | 16,772 | 19,497 | ||||||||||||
Receivable for tax reclaims | — | — | — | — | ||||||||||||
TOTAL ASSETS | 22,623,553 | 6,809,843 | 10,816,551 | 134,413,495 | ||||||||||||
LIABILITIES: | ||||||||||||||||
Reverse repurchase agreements, including accrued interest | — | — | — | — | ||||||||||||
Cash overdraft | — | — | — | — | ||||||||||||
Payable for investments purchased | 50,453 | — | — | — | ||||||||||||
Payable for collateral for securities loaned | — | — | — | — | ||||||||||||
Payable for capital shares redeemed | 458,188 | 189,713 | 520,746 | 74,028 | ||||||||||||
Unrealized depreciation on swap agreements | — | — | 452,325 | — | ||||||||||||
Due to advisor for expenses paid in advance | — | — | — | — | ||||||||||||
Advisory fees payable | 16,037 | 4,924 | 5,350 | 89,691 | ||||||||||||
Management services fees payable | 3,207 | 985 | 1,070 | 17,938 | ||||||||||||
Administration fees payable | 777 | 238 | 302 | 4,318 | ||||||||||||
Distribution and services fees payable—Service Class | 1,385 | 933 | 251 | 3,515 | ||||||||||||
Transfer agency fees payable | 2,383 | 784 | 734 | 9,746 | ||||||||||||
Fund accounting fees payable | 904 | 285 | 297 | 4,969 | ||||||||||||
Compliance services fees payable | 121 | 30 | 62 | 736 | ||||||||||||
Service fees payable | 98 | 30 | 33 | 546 | ||||||||||||
Other accrued expenses | 18,809 | 7,423 | 4,719 | 102,637 | ||||||||||||
TOTAL LIABILITIES | 552,362 | 205,345 | 985,889 | 308,124 | ||||||||||||
NET ASSETS | $ | 22,071,191 | $ | 6,604,498 | $ | 9,830,662 | $ | 134,105,371 | ||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Capital | $ | 19,244,010 | $ | 4,941,552 | $ | 79,521,031 | $ | 85,112,334 | ||||||||
Total distributable earnings (loss) | 2,827,181 | 1,662,946 | (69,690,369 | ) | 48,993,037 | |||||||||||
NET ASSETS | $ | 22,071,191 | $ | 6,604,498 | $ | 9,830,662 | $ | 134,105,371 | ||||||||
NET ASSETS: | ||||||||||||||||
Investor Class | $ | 21,285,904 | $ | 5,615,837 | $ | 9,316,092 | $ | 130,163,521 | ||||||||
Service Class | 785,287 | 988,661 | 514,570 | 3,941,850 | ||||||||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||||||||||
Investor Class | 331,002 | 55,857 | 611,452 | 2,172,801 | ||||||||||||
Service Class | 13,391 | 11,315 | 37,314 | 98,206 | ||||||||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||||||||||
Investor Class | $ | 64.31 | $ | 100.54 | $ | 15.24 | $ | 59.91 | ||||||||
Service Class | 58.64 | 87.38 | 13.79 | 40.14 | ||||||||||||
(a) Includes securities on loan valued at: | $ | — | $ | — | $ | — | $ | — |
* | Consolidated Statement of Assets and Liabilities |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 183
Bitcoin Strategy ProFund* | Bull ProFund | Communication Services UltraSector ProFund | Consumer Goods UltraSector ProFund | Consumer Services UltraSector ProFund | Europe 30 ProFund | |||||||||||||||||
$ | 25,995,931 | $ | 16,001,668 | $ | 6,035,081 | $ | 7,499,805 | $ | 21,209,357 | $ | 1,931,816 | |||||||||||
25,979,761 | 38,597,172 | 6,464,269 | 8,357,681 | 38,537,370 | 2,966,453 | |||||||||||||||||
— | 9,060,000 | 1,334,000 | 2,055,000 | 9,346,000 | — | |||||||||||||||||
25,979,761 | 47,657,172 | 7,798,269 | 10,412,681 | 47,883,370 | 2,966,453 | |||||||||||||||||
11,102,274 | 906 | 824 | 318 | 82 | — | |||||||||||||||||
9,263,827 | — | — | — | — | — | |||||||||||||||||
— | — | 19 | 692 | — | — | |||||||||||||||||
— | 27,728 | 10,600 | 9,050 | 6,733 | 4,663 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
111,662 | 1,980,028 | 31,300 | 105,688 | 40,275 | 826 | |||||||||||||||||
31,424 | — | — | — | — | — | |||||||||||||||||
— | 411,546 | 79,570 | — | 678,927 | — | |||||||||||||||||
482,816 | — | — | — | — | — | |||||||||||||||||
23,059 | 24,193 | 7,284 | 17,854 | 15,181 | 20,140 | |||||||||||||||||
— | — | — | — | — | 5,693 | |||||||||||||||||
46,994,823 | 50,101,573 | 7,927,866 | 10,546,283 | 48,624,568 | 2,997,775 | |||||||||||||||||
19,985,044 | — | — | — | — | — | |||||||||||||||||
— | — | — | — | — | 11,815 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | 11,492 | 58,615 | 39,696 | 215,826 | 28,340 | |||||||||||||||||
119,169 | 250,994 | 6,125 | 75,346 | 2,233 | 42,628 | |||||||||||||||||
— | — | — | 17,360 | — | — | |||||||||||||||||
28,699 | — | — | — | — | — | |||||||||||||||||
— | 40,259 | 4,439 | 7,721 | 32,719 | 278 | |||||||||||||||||
— | 8,052 | 888 | 1,544 | 6,544 | 55 | |||||||||||||||||
1,804 | 2,263 | 250 | 373 | 1,576 | 124 | |||||||||||||||||
— | 5,686 | 177 | 884 | 904 | 185 | |||||||||||||||||
1,924 | 6,897 | 1,140 | 1,701 | 7,152 | 322 | |||||||||||||||||
2,252 | 2,388 | 295 | 460 | 1,851 | 132 | |||||||||||||||||
106 | 258 | 47 | 37 | 267 | 14 | |||||||||||||||||
110 | 246 | 32 | 47 | 199 | 13 | |||||||||||||||||
53,430 | 33,252 | 2,111 | 6,511 | 39,643 | 505 | |||||||||||||||||
20,192,538 | 361,787 | 74,119 | 151,680 | 308,914 | 84,411 | |||||||||||||||||
$ | 26,802,285 | $ | 49,739,786 | $ | 7,853,747 | $ | 10,394,603 | $ | 48,315,654 | $ | 2,913,364 | |||||||||||
$ | 39,290,691 | $ | 21,251,761 | $ | 6,903,996 | $ | 7,795,233 | $ | 26,534,788 | $ | 6,348,867 | |||||||||||
(12,488,406 | ) | 28,488,025 | 949,751 | 2,599,370 | 21,780,866 | (3,435,503 | ) | |||||||||||||||
$ | 26,802,285 | $ | 49,739,786 | $ | 7,853,747 | $ | 10,394,603 | $ | 48,315,654 | $ | 2,913,364 | |||||||||||
$ | 26,802,285 | $ | 43,688,670 | $ | 7,660,037 | $ | 9,644,003 | $ | 47,391,340 | $ | 2,699,364 | |||||||||||
N/A | 6,051,116 | 193,710 | 750,600 | 924,314 | 214,000 | |||||||||||||||||
1,169,941 | 753,831 | 53,106 | 101,025 | 795,443 | 188,320 | |||||||||||||||||
N/A | 133,748 | 1,662 | 8,940 | 18,963 | 13,729 | |||||||||||||||||
$ | 22.91 | $ | 57.96 | $ | 144.24 | $ | 95.46 | $ | 59.58 | $ | 14.33 | |||||||||||
N/A | 45.24 | 116.55 | 83.96 | 48.74 | 15.59 | |||||||||||||||||
$ | — | $ | 11,543 | $ | 58,874 | $ | 42,506 | $ | 218,661 | $ | 28,057 |
See accompanying notes to the financial statements.
184 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
Falling U.S. Dollar ProFund | Financials UltraSector ProFund | Health Care UltraSector ProFund | Industrials UltraSector ProFund | |||||||||||||
ASSETS: | ||||||||||||||||
Total Investment Securities, at cost | $ | 1,135,000 | $ | 5,302,608 | $ | 8,796,337 | $ | 2,785,805 | ||||||||
Securities, at value(a) | — | 6,825,743 | 15,613,746 | 4,605,246 | ||||||||||||
Repurchase agreements, at value | 1,135,000 | 2,269,000 | 3,312,000 | 1,139,000 | ||||||||||||
Total Investment Securities, at value | 1,135,000 | 9,094,743 | 18,925,746 | 5,744,246 | ||||||||||||
Cash | 795 | 168 | 477 | 495 | ||||||||||||
Segregated cash balances for swap agreements with custodian | 901 | 792 | 723 | — | ||||||||||||
Unrealized appreciation on forward currency contracts | 1,474 | — | — | — | ||||||||||||
Dividends receivable | — | 3,674 | 30,203 | 3,097 | ||||||||||||
Receivable for investments sold | — | — | — | — | ||||||||||||
Receivable for capital shares issued | 4,829 | 56,432 | 759,130 | 38,933 | ||||||||||||
Due from Advisor under an expense limitation agreement | 3,976 | — | — | — | ||||||||||||
Unrealized appreciation on swap agreements | — | 188,092 | 196,638 | 320 | ||||||||||||
Prepaid expenses | 12,478 | 7,324 | 9,247 | 13,871 | ||||||||||||
TOTAL ASSETS | 1,159,453 | 9,351,225 | 19,922,164 | 5,800,962 | ||||||||||||
LIABILITIES: | ||||||||||||||||
Cash overdraft | — | — | — | — | ||||||||||||
Payable for investments purchased | — | 4,829 | — | — | ||||||||||||
Payable for collateral for securities loaned | — | — | — | — | ||||||||||||
Payable for capital shares redeemed | — | 746,786 | 17,848 | 131,465 | ||||||||||||
Unrealized depreciation on forward currency contracts | 20,046 | — | — | — | ||||||||||||
Unrealized depreciation on swap agreements | — | — | — | 9,912 | ||||||||||||
Advisory fees payable | — | 6,078 | 18,058 | 5,516 | ||||||||||||
Management services fees payable | — | 1,215 | 3,612 | 1,103 | ||||||||||||
Administration fees payable | 42 | 294 | 870 | 266 | ||||||||||||
Distribution and services fees payable—Service Class | 2 | 619 | 992 | 335 | ||||||||||||
Transfer agency fees payable | 85 | 1,486 | 3,805 | 1,332 | ||||||||||||
Fund accounting fees payable | 42 | 412 | 1,041 | 369 | ||||||||||||
Compliance services fees payable | 5 | 77 | 132 | 69 | ||||||||||||
Service fees payable | 5 | 37 | 110 | 34 | ||||||||||||
Other accrued expenses | 10,947 | 7,281 | 10,185 | 1,710 | ||||||||||||
TOTAL LIABILITIES | 31,174 | 769,114 | 56,653 | 152,111 | ||||||||||||
NET ASSETS | $ | 1,128,279 | $ | 8,582,111 | $ | 19,865,511 | $ | 5,648,851 | ||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Capital | $ | 3,802,319 | $ | 6,844,593 | $ | 13,059,320 | $ | 3,414,870 | ||||||||
Total distributable earnings (loss) | (2,674,040 | ) | 1,737,518 | 6,806,191 | 2,233,981 | |||||||||||
NET ASSETS | $ | 1,128,279 | $ | 8,582,111 | $ | 19,865,511 | $ | 5,648,851 | ||||||||
NET ASSETS: | ||||||||||||||||
Investor Class | $ | 1,126,021 | $ | 7,871,502 | $ | 18,665,751 | $ | 5,314,471 | ||||||||
Service Class | 2,258 | 710,609 | 1,199,760 | 334,380 | ||||||||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||||||||||
Investor Class | 73,602 | 240,919 | 185,106 | 99,352 | ||||||||||||
Service Class | 163 | 26,341 | 14,638 | 7,389 | ||||||||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||||||||||
Investor Class | $ | 15.30 | $ | 32.67 | $ | 100.84 | $ | 53.49 | ||||||||
Service Class | 13.85 | 26.98 | 81.96 | 45.25 | ||||||||||||
(a) Includes securities on loan valued at: | $ | — | $ | — | $ | — | $ | — |
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 185
Internet UltraSector ProFund | Large-Cap Growth ProFund | Large-Cap Value ProFund | Mid-Cap Growth ProFund | Mid-Cap ProFund | Mid-Cap Value ProFund | |||||||||||||||||
$ | 90,151,713 | $ | 5,897,021 | $ | 26,415,808 | $ | 2,280,113 | $ | 5,088,730 | $ | 2,958,250 | |||||||||||
122,808,385 | 17,191,817 | 28,229,736 | 3,321,075 | 4,882,145 | 4,014,479 | |||||||||||||||||
26,438,000 | 18,000 | — | — | 1,955,000 | — | |||||||||||||||||
149,246,385 | 17,209,817 | 28,229,736 | 3,321,075 | 6,837,145 | 4,014,479 | |||||||||||||||||
207 | 565 | — | — | 514 | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | 7,200 | 36,329 | 978 | 1,321 | 1,095 | |||||||||||||||||
— | — | — | 36,905 | 14,596 | 23,201 | |||||||||||||||||
216,933 | 19,901 | 468,605 | 2,617 | — | 72,287 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
2,395,992 | — | — | — | 81,823 | — | |||||||||||||||||
21,007 | 15,649 | 15,807 | 10,635 | 11,275 | 10,877 | |||||||||||||||||
151,880,524 | 17,253,132 | 28,750,477 | 3,372,210 | 6,946,674 | 4,121,939 | |||||||||||||||||
— | — | 10,416 | 20,107 | — | 157 | |||||||||||||||||
— | — | 455,120 | 25,588 | 34,566 | 104,931 | |||||||||||||||||
— | — | 14,853 | 16,200 | 11,300 | — | |||||||||||||||||
55,897 | 9,075 | 1,321 | 500 | 9,466 | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
104,519 | 16,682 | 19,560 | 1,513 | 4,269 | 1,784 | |||||||||||||||||
20,904 | 3,336 | 3,912 | 303 | 854 | 357 | |||||||||||||||||
5,024 | 936 | 1,112 | 127 | 282 | 168 | |||||||||||||||||
6,394 | 1,798 | 1,649 | 600 | 683 | 588 | |||||||||||||||||
12,434 | 2,780 | 1,987 | 415 | 698 | 505 | |||||||||||||||||
5,773 | 998 | 1,232 | 197 | 402 | 260 | |||||||||||||||||
955 | 155 | 28 | 19 | 33 | 25 | |||||||||||||||||
635 | 102 | 121 | 14 | 31 | 18 | |||||||||||||||||
136,487 | 10,326 | 23,174 | 2,063 | 4,579 | 74 | |||||||||||||||||
349,022 | 46,188 | 534,485 | 67,646 | 67,163 | 108,867 | |||||||||||||||||
$ | 151,531,502 | $ | 17,206,944 | $ | 28,215,992 | $ | 3,304,564 | $ | 6,879,511 | $ | 4,013,072 | |||||||||||
$ | 116,182,679 | $ | 5,753,777 | $ | 29,551,642 | $ | 1,918,133 | $ | 5,664,896 | $ | 2,538,126 | |||||||||||
35,348,823 | 11,453,167 | (1,335,650 | ) | 1,386,431 | 1,214,615 | 1,474,946 | ||||||||||||||||
$ | 151,531,502 | $ | 17,206,944 | $ | 28,215,992 | $ | 3,304,564 | $ | 6,879,511 | $ | 4,013,072 | |||||||||||
$ | 144,375,898 | $ | 15,428,675 | $ | 26,405,932 | $ | 2,634,469 | $ | 6,103,055 | $ | 3,344,993 | |||||||||||
7,155,604 | 1,778,269 | 1,810,060 | 670,095 | 776,456 | 668,079 | |||||||||||||||||
2,904,140 | 105,469 | 303,433 | 27,847 | 56,968 | 34,727 | |||||||||||||||||
219,610 | 15,142 | 23,718 | 9,367 | 9,120 | 8,661 | |||||||||||||||||
$ | 49.71 | $ | 146.29 | $ | 87.02 | $ | 94.61 | $ | 107.13 | $ | 96.32 | |||||||||||
32.58 | 117.44 | 76.32 | 71.54 | 85.14 | 77.14 | |||||||||||||||||
$ | — | $ | — | $ | 14,917 | $ | 17,647 | $ | 12,309 | $ | — |
See accompanying notes to the financial statements.
186 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
Nasdaq-100 ProFund | Oil & Gas UltraSector ProFund | Oil Equipment & Services UltraSector ProFund | Pharmaceuticals UltraSector ProFund | |||||||||||||
ASSETS: | ||||||||||||||||
Total Investment Securities, at cost | $ | 31,779,033 | $ | 26,034,512 | $ | 13,284,399 | $ | 3,949,369 | ||||||||
Securities, at value(a) | 64,581,149 | 28,483,644 | 13,695,341 | 3,650,244 | ||||||||||||
Repurchase agreements, at value | 12,559,000 | 9,968,000 | 5,150,000 | 971,000 | ||||||||||||
Total Investment Securities, at value | 77,140,149 | 38,451,644 | 18,845,341 | 4,621,244 | ||||||||||||
Cash | 27 | 87 | 701 | 605 | ||||||||||||
Segregated cash balances for futures contracts with brokers | 33,000 | — | — | — | ||||||||||||
Segregated cash balances for swap agreements with custodian | — | — | — | — | ||||||||||||
Unrealized appreciation on forward currency contracts | — | — | — | — | ||||||||||||
Dividends receivable | 6,927 | 21,762 | — | 7,821 | ||||||||||||
Receivable for investments sold | — | — | — | — | ||||||||||||
Receivable for capital shares issued | 264,278 | 907,585 | 179,885 | 33,774 | ||||||||||||
Due from Advisor under an expense limitation agreement | — | — | — | — | ||||||||||||
Due from Advisor under a Receivables Agreement | — | — | — | — | ||||||||||||
Unrealized appreciation on swap agreements | 3,233,959 | 1,307,541 | 305,002 | 103,526 | ||||||||||||
Variation margin on futures contracts | 18,880 | — | — | — | ||||||||||||
Prepaid expenses | 19,297 | 10,412 | 12,844 | 9,421 | ||||||||||||
TOTAL ASSETS | 80,716,517 | 40,699,031 | 19,343,773 | 4,776,391 | ||||||||||||
LIABILITIES: | ||||||||||||||||
Payable for collateral for securities loaned | 308,169 | — | — | 16,219 | ||||||||||||
Payable for capital shares redeemed | 2,160,506 | 917,556 | 524,338 | 1,067 | ||||||||||||
Unrealized depreciation on swap agreements | — | — | — | — | ||||||||||||
Due to advisor for expenses paid in advance | — | — | — | — | ||||||||||||
Advisory fees payable | 88,844 | 22,602 | 11,482 | 2,062 | ||||||||||||
Management services fees payable | 19,038 | 4,520 | 2,296 | 412 | ||||||||||||
Administration fees payable | 5,343 | 1,101 | 560 | 149 | ||||||||||||
Distribution and services fees payable—Service Class | 6,264 | 1,526 | 1,919 | 672 | ||||||||||||
Transfer agency fees payable | 12,939 | 4,778 | 1,652 | 454 | ||||||||||||
Fund accounting fees payable | 5,295 | 1,274 | 650 | 185 | ||||||||||||
Compliance services fees payable | 697 | 107 | 68 | 20 | ||||||||||||
Service fees payable | 581 | 139 | 71 | 19 | ||||||||||||
Other accrued expenses | 100,118 | 19,874 | 14,691 | 3,328 | ||||||||||||
TOTAL LIABILITIES | 2,707,794 | 973,477 | 557,727 | 24,587 | ||||||||||||
NET ASSETS | $ | 78,008,723 | $ | 39,725,554 | $ | 18,786,046 | $ | 4,751,804 | ||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Capital | $ | 37,565,824 | $ | 33,731,485 | $ | 39,484,030 | $ | 4,454,281 | ||||||||
Total distributable earnings (loss) | 40,442,899 | 5,994,069 | (20,697,984 | ) | 297,523 | |||||||||||
NET ASSETS | $ | 78,008,723 | $ | 39,725,554 | $ | 18,786,046 | $ | 4,751,804 | ||||||||
NET ASSETS: | ||||||||||||||||
Investor Class | $ | 70,772,683 | $ | 38,085,087 | $ | 15,647,348 | $ | 3,988,232 | ||||||||
Service Class | 7,236,040 | 1,640,467 | 3,138,698 | 763,572 | ||||||||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||||||||||
Investor Class | 526,669 | 1,296,346 | 210,110 | 137,238 | ||||||||||||
Service Class | 68,243 | 65,366 | 47,379 | 31,248 | ||||||||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||||||||||
Investor Class | $ | 134.38 | $ | 29.38 | $ | 74.47 | $ | 29.06 | ||||||||
Service Class | 106.03 | 25.10 | 66.25 | 24.44 | ||||||||||||
(a) Includes securities on loan valued at: | $ | 308,753 | $ | — | $ | — | $ | 17,612 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 187
Precious Metals UltraSector ProFund | Real Estate UltraSector ProFund | Rising Rates Opportunity ProFund | Rising Rates Opportunity 10 ProFund | Rising U.S. Dollar ProFund | Semiconductor UltraSector ProFund | |||||||||||||||||
$ | 12,652,863 | $ | 13,751,906 | $ | 12,253,000 | $ | 2,922,000 | $ | 22,679,000 | $ | 58,404,216 | |||||||||||
17,561,637 | 12,857,883 | — | — | — | 79,855,033 | |||||||||||||||||
5,880,000 | 4,775,000 | 12,253,000 | 2,922,000 | 22,679,000 | 26,251,000 | |||||||||||||||||
23,441,637 | 17,632,883 | 12,253,000 | 2,922,000 | 22,679,000 | 106,106,033 | |||||||||||||||||
883 | 531 | 782 | 140 | 866 | 869 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | — | — | — | — | 643 | |||||||||||||||||
— | — | — | — | 347,781 | — | |||||||||||||||||
27 | 4,396 | — | — | — | 35,041 | |||||||||||||||||
— | 2,619,955 | — | — | — | — | |||||||||||||||||
2,930,325 | 81,941 | 42,662 | 1,006 | 169,118 | 1,430,558 | |||||||||||||||||
— | — | — | 3,256 | — | — | |||||||||||||||||
— | — | — | — | 690,025 | — | |||||||||||||||||
— | 118,514 | — | — | — | 875,019 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
11,087 | 667 | 10,279 | 33,046 | 17,819 | 13,724 | |||||||||||||||||
26,383,959 | 20,458,887 | 12,306,723 | 2,959,448 | 23,904,609 | 108,461,887 | |||||||||||||||||
90,850 | — | — | — | — | — | |||||||||||||||||
1,699,523 | 2,024,837 | 244,844 | 12,629 | 44,288 | 5,007,912 | |||||||||||||||||
416,522 | — | 548,551 | 26,029 | — | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
15,099 | 19,615 | 8,853 | — | 8,053 | 80,218 | |||||||||||||||||
3,020 | 3,923 | 1,771 | — | 1,611 | 16,044 | |||||||||||||||||
729 | 945 | 429 | 81 | 831 | 3,855 | |||||||||||||||||
1,050 | 814 | 698 | 126 | 45 | 5,876 | |||||||||||||||||
2,304 | 2,629 | 1,105 | 213 | 1,756 | 9,373 | |||||||||||||||||
847 | 1,110 | 492 | 93 | 818 | 4,430 | |||||||||||||||||
114 | 416 | 49 | 9 | 53 | 497 | |||||||||||||||||
92 | 119 | 54 | 10 | 90 | 488 | |||||||||||||||||
17,746 | 75,949 | 7,743 | 636 | 78,999 | 83,151 | |||||||||||||||||
2,247,896 | 2,130,357 | 814,589 | 39,826 | 136,544 | 5,211,844 | |||||||||||||||||
$ | 24,136,063 | $ | 18,328,530 | $ | 11,492,134 | $ | 2,919,622 | $ | 23,768,065 | $ | 103,250,043 | |||||||||||
$ | 79,841,310 | $ | 18,445,880 | $ | 63,070,329 | $ | 7,006,868 | $ | 24,221,442 | $ | 62,137,335 | |||||||||||
(55,705,247 | ) | (117,350 | ) | (51,578,195 | ) | (4,087,246 | ) | (453,377 | ) | 41,112,708 | ||||||||||||
$ | 24,136,063 | $ | 18,328,530 | $ | 11,492,134 | $ | 2,919,622 | $ | 23,768,065 | $ | 103,250,043 | |||||||||||
$ | 23,027,279 | $ | 17,324,293 | $ | 10,686,740 | $ | 2,769,532 | $ | 23,714,108 | $ | 97,029,825 | |||||||||||
1,108,784 | 1,004,237 | 805,394 | 150,090 | 53,957 | 6,220,218 | |||||||||||||||||
428,228 | 310,181 | 416,223 | 218,476 | 839,132 | 779,637 | |||||||||||||||||
24,400 | 19,147 | 35,854 | 12,930 | 2,192 | 67,625 | |||||||||||||||||
$ | 53.77 | $ | 55.85 | $ | 25.68 | $ | 12.68 | $ | 28.26 | $ | 124.46 | |||||||||||
45.44 | 52.45 | 22.46 | 11.61 | 24.62 | 91.98 | |||||||||||||||||
$ | 90,850 | $ | — | $ | — | $ | — | $ | — | $ | — |
See accompanying notes to the financial statements.
188 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
Short Nasdaq-100 ProFund | Short Oil & Gas ProFund | Short Precious Metals ProFund | Short Real Estate ProFund | |||||||||||||
ASSETS: | ||||||||||||||||
Total Investment Securities, at cost | $ | 89,871,000 | $ | 401,000 | $ | 3,033,000 | $ | 752,000 | ||||||||
Securities, at value(a) | — | — | — | — | ||||||||||||
Repurchase agreements, at value | 89,871,000 | 401,000 | 3,033,000 | 752,000 | ||||||||||||
Total Investment Securities, at value | 89,871,000 | 401,000 | 3,033,000 | 752,000 | ||||||||||||
Cash | 874 | 710 | 173 | 467 | ||||||||||||
Segregated cash balances for futures contracts with brokers | — | — | — | — | ||||||||||||
Segregated cash balances for swap agreements with custodian | — | — | — | — | ||||||||||||
Dividends receivable | — | — | — | — | ||||||||||||
Receivable for investments sold | — | — | — | — | ||||||||||||
Receivable for capital shares issued | 2,129,742 | 8,321 | 1,249,061 | 51 | ||||||||||||
Due from Advisor under an expense limitation agreement | 776 | — | — | 2,036 | ||||||||||||
Unrealized appreciation on swap agreements | — | — | 77,308 | 778 | ||||||||||||
Prepaid expenses | 15,195 | 2,677 | 30,397 | 7,606 | ||||||||||||
TOTAL ASSETS | 92,017,587 | 412,708 | 4,389,939 | 762,938 | ||||||||||||
LIABILITIES: | ||||||||||||||||
Cash overdraft | — | — | — | — | ||||||||||||
Payable for investments purchased | — | — | — | — | ||||||||||||
Payable for collateral for securities loaned | — | — | — | — | ||||||||||||
Payable for capital shares redeemed | 215,045 | 8,539 | 440,123 | 7,102 | ||||||||||||
Unrealized depreciation on swap agreements | 3,563,991 | 19,660 | — | 9,000 | ||||||||||||
Variation margin on futures contracts | — | — | — | — | ||||||||||||
Advisory fees payable | — | 287 | 1,111 | — | ||||||||||||
Management services fees payable | — | 57 | 222 | — | ||||||||||||
Administration fees payable | 661 | 31 | 91 | 17 | ||||||||||||
Distribution and services fees payable—Service Class | 72 | 15 | 13 | 11 | ||||||||||||
Transfer agency fees payable | 833 | 173 | 268 | 73 | ||||||||||||
Fund accounting fees payable | 651 | 35 | 105 | 19 | ||||||||||||
Compliance services fees payable | 24 | 5 | 15 | 2 | ||||||||||||
Service fees payable | 72 | 4 | 12 | 2 | ||||||||||||
Other accrued expenses | 37,568 | 400 | 2,212 | 183 | ||||||||||||
TOTAL LIABILITIES | 3,818,917 | 29,206 | 444,172 | 16,409 | ||||||||||||
NET ASSETS | $ | 88,198,670 | $ | 383,502 | $ | 3,945,767 | $ | 746,529 | ||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Capital | $ | 103,025,895 | $ | 1,994,111 | $ | 14,268,542 | $ | 5,531,779 | ||||||||
Total distributable earnings (loss) | (14,827,225 | ) | (1,610,609 | ) | (10,322,775 | ) | (4,785,250 | ) | ||||||||
NET ASSETS | $ | 88,198,670 | $ | 383,502 | $ | 3,945,767 | $ | 746,529 | ||||||||
NET ASSETS: | ||||||||||||||||
Investor Class | $ | 88,108,511 | $ | 378,928 | $ | 3,930,653 | $ | 732,711 | ||||||||
Service Class | 90,159 | 4,574 | 15,114 | 13,818 | ||||||||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||||||||||
Investor Class | 6,430,079 | 16,406 | 248,641 | 92,540 | ||||||||||||
Service Class | 7,460 | 214 | 988 | 1,998 | ||||||||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||||||||||
Investor Class | $ | 13.70 | $ | 23.10 | $ | 15.81 | $ | 7.92 | ||||||||
Service Class | 12.09 | 21.37 | 15.30 | 6.92 | ||||||||||||
(a) Includes securities on loan valued at: | $ | — | $ | — | $ | — | $ | — |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 189
Short Small-Cap ProFund | Small-Cap Growth ProFund | Small-Cap ProFund | Small-Cap Value ProFund | Technology UltraSector ProFund | Telecommunications UltraSector ProFund | |||||||||||||||||
$ | 1,482,000 | $ | 3,503,511 | $ | 5,576,987 | $ | 10,134,724 | $ | 39,372,191 | $ | 810,185 | |||||||||||
— | 5,570,800 | 3,894,726 | 12,330,072 | 59,684,615 | 757,116 | |||||||||||||||||
1,482,000 | — | 2,615,000 | — | 23,975,000 | 276,000 | |||||||||||||||||
1,482,000 | 5,570,800 | 6,509,726 | 12,330,072 | 83,659,615 | 1,033,116 | |||||||||||||||||
793 | — | 970 | — | 366 | — | |||||||||||||||||
6,050 | — | — | — | — | — | |||||||||||||||||
958 | — | 159 | — | 729 | 95 | |||||||||||||||||
— | 1,097 | 598 | 4,422 | 4,952 | 3,628 | |||||||||||||||||
— | 67,922 | 3,658 | — | — | — | |||||||||||||||||
26,760 | 2,785 | 34,567 | 96,654 | 373,423 | 92,998 | |||||||||||||||||
— | — | — | — | — | 1,671 | |||||||||||||||||
— | — | 130,155 | — | 2,451,898 | — | |||||||||||||||||
667 | 9,414 | 13,083 | 12,545 | 16,569 | 11,235 | |||||||||||||||||
1,517,228 | 5,652,018 | 6,692,916 | 12,443,693 | 86,507,552 | 1,142,743 | |||||||||||||||||
— | 19,825 | — | 25,903 | — | 32,152 | |||||||||||||||||
— | — | 2,463 | 111,497 | — | — | |||||||||||||||||
— | 1,697 | 12,484 | — | — | — | |||||||||||||||||
237,734 | 8,824 | 306,330 | 10,279 | 1,795,077 | 9,954 | |||||||||||||||||
66,522 | — | — | — | — | 10,269 | |||||||||||||||||
2,940 | — | — | — | — | — | |||||||||||||||||
973 | 3,847 | 2,378 | 9,419 | 62,958 | — | |||||||||||||||||
195 | 769 | 476 | 1,884 | 12,592 | — | |||||||||||||||||
78 | 216 | 228 | 530 | 3,032 | 37 | |||||||||||||||||
37 | 674 | 384 | 656 | 7,161 | 63 | |||||||||||||||||
463 | 641 | 902 | 1,038 | 7,899 | 129 | |||||||||||||||||
77 | 317 | 852 | 667 | 3,531 | 55 | |||||||||||||||||
29 | 34 | 37 | 65 | 467 | 5 | |||||||||||||||||
8 | 23 | 25 | 58 | 384 | 5 | |||||||||||||||||
19,139 | 4,734 | 3,387 | 8,454 | 64,181 | 653 | |||||||||||||||||
328,195 | 41,601 | 329,946 | 170,450 | 1,957,282 | 53,322 | |||||||||||||||||
$ | 1,189,033 | $ | 5,610,417 | $ | 6,362,970 | $ | 12,273,243 | $ | 84,550,270 | $ | 1,089,421 | |||||||||||
$ | 16,388,407 | $ | 2,979,215 | $ | 5,761,083 | $ | 9,418,464 | $ | 44,961,211 | $ | 6,577,768 | |||||||||||
(15,199,374 | ) | 2,631,202 | 601,887 | 2,854,779 | 39,589,059 | (5,488,347 | ) | |||||||||||||||
$ | 1,189,033 | $ | 5,610,417 | $ | 6,362,970 | $ | 12,273,243 | $ | 84,550,270 | $ | 1,089,421 | |||||||||||
$ | 1,143,864 | $ | 4,859,673 | $ | 5,989,697 | $ | 11,529,579 | $ | 79,204,788 | $ | 971,993 | |||||||||||
45,169 | 750,744 | 373,273 | 743,664 | 5,345,482 | 117,428 | |||||||||||||||||
157,001 | 44,481 | 56,504 | 110,600 | 662,035 | 39,449 | |||||||||||||||||
6,570 | 8,835 | 4,320 | 8,872 | 55,888 | 4,965 | |||||||||||||||||
$ | 7.29 | $ | 109.25 | $ | 106.00 | $ | 104.25 | $ | 119.64 | $ | 24.64 | |||||||||||
6.88 | 84.97 | 86.41 | 83.82 | 95.65 | 23.65 | |||||||||||||||||
$ | — | $ | 1,734 | $ | 12,795 | $ | — | $ | — | $ | — |
See accompanying notes to the financial statements.
190 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
UltraBear ProFund | UltraBull ProFund | UltraChina ProFund | UltraDow 30 ProFund | |||||||||||||
ASSETS: | ||||||||||||||||
Total Investment Securities, at cost | $ | 9,874,000 | $ | 73,779,746 | $ | 15,989,998 | $ | 22,952,952 | ||||||||
Securities, at value(a) | — | 99,962,009 | 16,512,231 | 28,220,664 | ||||||||||||
Repurchase agreements, at value | 9,874,000 | 30,137,000 | 2,839,000 | 8,559,000 | ||||||||||||
Total Investment Securities, at value | 9,874,000 | 130,099,009 | 19,351,231 | 36,779,664 | ||||||||||||
Cash | 647 | — | 270 | 382 | ||||||||||||
Segregated cash balances for futures contracts with brokers | — | — | — | 140,800 | ||||||||||||
Segregated cash balances for swap agreements with custodian | — | — | — | 240 | ||||||||||||
Dividends receivable | — | 71,809 | 21 | 16,150 | ||||||||||||
Receivable for investments sold | — | — | — | — | ||||||||||||
Receivable for capital shares issued | 875,034 | 1,469,729 | 973,049 | 298,397 | ||||||||||||
Due from Advisor under an expense limitation agreement | — | — | — | — | ||||||||||||
Unrealized appreciation on swap agreements | — | 6,335,470 | 2,202,764 | 1,187,131 | ||||||||||||
Variation margin on futures contracts | — | — | — | 32,160 | ||||||||||||
Prepaid expenses | 31,053 | 38,761 | 25,741 | 11,307 | ||||||||||||
TOTAL ASSETS | 10,780,734 | 138,014,778 | 22,553,076 | 38,466,231 | ||||||||||||
LIABILITIES: | ||||||||||||||||
Cash overdraft | — | 7,549,810 | — | — | ||||||||||||
Payable for investments purchased | — | — | 1,258,248 | — | ||||||||||||
Payable for collateral for securities loaned | — | 30,198 | 8,000 | — | ||||||||||||
Payable for capital shares redeemed | 799,777 | 800,189 | 1,384,428 | 331,823 | ||||||||||||
Unrealized depreciation on swap agreements | 801,252 | — | — | — | ||||||||||||
Advisory fees payable | 4,028 | 87,204 | 11,801 | 25,791 | ||||||||||||
Management services fees payable | 806 | 17,441 | 2,360 | 5,158 | ||||||||||||
Administration fees payable | 366 | 4,895 | 665 | 1,450 | ||||||||||||
Distribution and services fees payable—Service Class | 11 | 2,719 | 298 | 854 | ||||||||||||
Transfer agency fees payable | 645 | 11,760 | 1,380 | 3,528 | ||||||||||||
Fund accounting fees payable | 361 | 4,980 | 672 | 1,438 | ||||||||||||
Compliance services fees payable | 35 | 597 | 85 | 176 | ||||||||||||
Service fees payable | 40 | 532 | 72 | 158 | ||||||||||||
Other accrued expenses | 5,446 | 73,721 | 16,868 | 24,014 | ||||||||||||
TOTAL LIABILITIES | 1,612,767 | 8,584,046 | 2,684,877 | 394,390 | ||||||||||||
NET ASSETS | $ | 9,167,967 | $ | 129,430,732 | $ | 19,868,199 | $ | 38,071,841 | ||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Capital | $ | 108,112,587 | $ | 81,442,848 | $ | 49,338,733 | $ | 25,726,597 | ||||||||
Total distributable earnings (loss) | (98,944,620 | ) | 47,987,884 | (29,470,534 | ) | 12,345,244 | ||||||||||
NET ASSETS | $ | 9,167,967 | $ | 129,430,732 | $ | 19,868,199 | $ | 38,071,841 | ||||||||
NET ASSETS: | ||||||||||||||||
Investor Class | $ | 9,156,242 | $ | 126,774,024 | $ | 19,447,479 | $ | 37,192,767 | ||||||||
Service Class | 11,725 | 2,656,708 | 420,720 | 879,074 | ||||||||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||||||||||
Investor Class | 474,706 | 1,143,670 | 3,032,377 | 586,065 | ||||||||||||
Service Class | 682 | �� | 30,708 | 74,990 | 16,398 | |||||||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||||||||||
Investor Class | $ | 19.29 | $ | 110.85 | $ | 6.41 | $ | 63.46 | ||||||||
Service Class | 17.19 | 86.52 | 5.61 | 53.61 | ||||||||||||
(a) Includes securities on loan valued at: | $ | — | $ | 30,332 | $ | 8,560 | $ | — |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 191
UltraEmerging Markets ProFund | UltraInternational ProFund | UltraJapan ProFund | UltraLatin America ProFund | UltraMid-Cap ProFund | UltraNasdaq-100 ProFund | |||||||||||||||||
$ | 7,280,108 | $ | 2,441,000 | $ | 10,999,000 | $ | 9,141,026 | $ | 35,343,458 | $ | 365,177,972 | |||||||||||
9,399,552 | — | — | 11,554,912 | 39,410,229 | 672,194,215 | |||||||||||||||||
1,052,000 | 2,441,000 | 10,999,000 | 2,420,000 | 8,412,000 | 130,592,000 | |||||||||||||||||
10,451,552 | 2,441,000 | 10,999,000 | 13,974,912 | 47,822,229 | 802,786,215 | |||||||||||||||||
479 | 477 | 282 | 692 | 908 | 430 | |||||||||||||||||
— | — | 1,301,300 | — | — | 16,500 | |||||||||||||||||
— | — | — | — | 90 | 306 | |||||||||||||||||
7,154 | — | — | 28,793 | 10,670 | 73,423 | |||||||||||||||||
— | — | — | — | 117,927 | — | |||||||||||||||||
120,252 | 115,459 | 187,636 | 319,253 | 75,492 | 7,899,575 | |||||||||||||||||
— | 334 | — | — | — | — | |||||||||||||||||
716,612 | 86,189 | 8,269 | 154,155 | 2,300,113 | 69,148,918 | |||||||||||||||||
— | — | 577,831 | — | — | 9,440 | |||||||||||||||||
26,519 | 24,543 | 17,772 | 17,942 | 23,265 | 68,325 | |||||||||||||||||
11,322,568 | 2,668,002 | 13,092,090 | 14,495,747 | 50,350,694 | 880,003,132 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | — | — | — | 278,935 | — | |||||||||||||||||
125,875 | — | — | 14,400 | 95,000 | 3,154,935 | |||||||||||||||||
86,314 | 219,583 | 99,480 | 353,248 | 146,179 | 3,085,158 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
4,852 | — | 10,609 | 8,065 | 35,000 | 677,987 | |||||||||||||||||
971 | — | 1,768 | 1,613 | 7,000 | 135,598 | |||||||||||||||||
316 | 83 | 496 | 456 | 1,962 | 37,939 | |||||||||||||||||
173 | 109 | 109 | 111 | 950 | 21,317 | |||||||||||||||||
547 | 211 | 1,780 | 1,124 | 4,238 | 94,733 | |||||||||||||||||
327 | 95 | 490 | 461 | 2,057 | 37,400 | |||||||||||||||||
32 | 13 | 70 | 57 | 246 | 5,120 | |||||||||||||||||
34 | 11 | 54 | 50 | 213 | 4,123 | |||||||||||||||||
9,580 | 1,014 | 6,372 | 9,712 | 28,851 | 691,942 | |||||||||||||||||
229,021 | 221,119 | 121,228 | 389,297 | 600,631 | 7,946,252 | |||||||||||||||||
$ | 11,093,547 | $ | 2,446,883 | $ | 12,970,862 | $ | 14,106,450 | $ | 49,750,063 | $ | 872,056,880 | |||||||||||
$ | 14,506,094 | $ | 2,713,547 | $ | 14,569,680 | $ | 44,067,618 | $ | 41,751,360 | $ | 604,617,513 | |||||||||||
(3,412,547 | ) | (266,664 | ) | (1,598,818 | ) | (29,961,168 | ) | 7,998,703 | 267,439,367 | |||||||||||||
$ | 11,093,547 | $ | 2,446,883 | $ | 12,970,862 | $ | 14,106,450 | $ | 49,750,063 | $ | 872,056,880 | |||||||||||
$ | 10,932,409 | $ | 2,414,243 | $ | 12,848,970 | $ | 14,020,496 | $ | 48,736,359 | $ | 849,932,432 | |||||||||||
161,138 | 32,640 | 121,892 | 85,954 | 1,013,704 | 22,124,448 | |||||||||||||||||
174,344 | 123,165 | 471,252 | 878,557 | 816,579 | 10,169,385 | |||||||||||||||||
2,851 | 1,908 | 5,522 | 5,541 | 21,540 | 366,984 | |||||||||||||||||
$ | 62.71 | $ | 19.60 | $ | 27.27 | $ | 15.96 | $ | 59.68 | $ | 83.58 | |||||||||||
56.52 | 17.11 | 22.07 | 15.51 | 47.06 | 60.29 | |||||||||||||||||
$ | 130,163 | $ | — | $ | — | $ | 13,408 | $ | 103,484 | $ | 3,160,985 |
See accompanying notes to the financial statements.
192 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
UltraShort China ProFund | UltraShort Dow 30 ProFund | UltraShort Emerging Markets ProFund | UltraShort International ProFund | |||||||||||||
ASSETS: | ||||||||||||||||
Total Investment Securities, at cost | $ | 4,036,000 | $ | 2,545,000 | $ | 813,000 | $ | 1,586,000 | ||||||||
Securities, at value | — | — | — | — | ||||||||||||
Repurchase agreements, at value | 4,036,000 | 2,545,000 | 813,000 | 1,586,000 | ||||||||||||
Total Investment Securities, at value | 4,036,000 | 2,545,000 | 813,000 | 1,586,000 | ||||||||||||
Cash | 728 | 121 | 824 | 226 | ||||||||||||
Segregated cash balances for futures contracts with brokers | — | — | — | — | ||||||||||||
Segregated cash balances for swap agreements with custodian | — | — | — | — | ||||||||||||
Dividends and interest receivable | — | — | — | — | ||||||||||||
Receivable for investments sold | — | — | — | — | ||||||||||||
Receivable for capital shares issued | 1,149,453 | 194,935 | 55,968 | 151,641 | ||||||||||||
Receivable from counterparties to swap agreements | — | — | — | 33,674 | ||||||||||||
Due from Advisor under an expense limitation agreement | — | 214 | 226 | 609 | ||||||||||||
Unrealized appreciation on swap agreements | — | — | — | — | ||||||||||||
Variation margin on futures contracts | — | — | — | — | ||||||||||||
Prepaid expenses | 21,804 | 9,600 | 7,587 | 8,982 | ||||||||||||
TOTAL ASSETS | 5,207,985 | 2,749,870 | 877,605 | 1,781,132 | ||||||||||||
LIABILITIES: | ||||||||||||||||
Cash overdraft | — | — | — | — | ||||||||||||
Payable for investments purchased | — | — | — | — | ||||||||||||
Payable for capital shares redeemed | 93,257 | 161,279 | 26,864 | 35,658 | ||||||||||||
Unrealized depreciation on swap agreements | 850,317 | 146,447 | 105,836 | 58,857 | ||||||||||||
Variation margin on futures contracts | — | — | — | — | ||||||||||||
Due to advisor for expenses paid in advance | — | — | — | — | ||||||||||||
Advisory fees payable | 541 | — | — | — | ||||||||||||
Management services fees payable | 108 | — | — | — | ||||||||||||
Administration fees payable | 106 | 93 | 24 | 47 | ||||||||||||
Distribution and services fees payable—Service Class | 9 | 91 | 29 | 4 | ||||||||||||
Transfer agency fees payable | 228 | 219 | 83 | 100 | ||||||||||||
Fund accounting fees payable | 121 | 91 | 27 | 53 | ||||||||||||
Compliance services fees payable | 11 | 12 | 5 | 7 | ||||||||||||
Service fees payable | 13 | 10 | 3 | 6 | ||||||||||||
Other accrued expenses | 3,516 | 1,121 | 2,089 | 2,229 | ||||||||||||
TOTAL LIABILITIES | 948,227 | 309,363 | 134,960 | 96,961 | ||||||||||||
NET ASSETS | $ | 4,259,758 | $ | 2,440,507 | $ | 742,645 | $ | 1,684,171 | ||||||||
NET ASSETS CONSIST OF: | ||||||||||||||||
Capital | $ | 10,479,554 | $ | 26,518,045 | $ | 13,209,911 | $ | 18,591,355 | ||||||||
Total distributable earnings (loss) | (6,219,796 | ) | (24,077,538 | ) | (12,467,266 | ) | (16,907,184 | ) | ||||||||
NET ASSETS | $ | 4,259,758 | $ | 2,440,507 | $ | 742,645 | $ | 1,684,171 | ||||||||
NET ASSETS: | ||||||||||||||||
Investor Class | $ | 4,249,706 | $ | 2,322,683 | $ | 705,937 | $ | 1,678,943 | ||||||||
Service Class | 10,052 | 117,824 | 36,708 | 5,228 | ||||||||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||||||||||
Investor Class | 193,105 | 120,637 | 27,879 | 73,544 | ||||||||||||
Service Class | 522 | 7,036 | 1,615 | 257 | ||||||||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||||||||||
Investor Class | $ | 22.01 | $ | 19.25 | $ | 25.32 | $ | 22.83 | ||||||||
Service Class | 19.26 | 16.75 | 22.73 | 20.34 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
January 31, 2022 (unaudited) :: Statements of Assets and Liabilities :: 193
UltraShort Japan ProFund | UltraShort Latin America ProFund | UltraShort Mid-Cap ProFund | UltraShort Nasdaq-100 ProFund | UltraShort Small-Cap ProFund | UltraSmall-Cap ProFund | |||||||||||||||||
$ | 369,000 | $ | 845,000 | $ | 1,606,000 | $ | 126,079,000 | $ | 5,310,000 | $ | 65,640,853 | |||||||||||
— | — | — | — | — | 60,754,515 | |||||||||||||||||
369,000 | 845,000 | 1,606,000 | 126,079,000 | 5,310,000 | 12,804,000 | |||||||||||||||||
369,000 | 845,000 | 1,606,000 | 126,079,000 | 5,310,000 | 73,558,515 | |||||||||||||||||
312 | 773 | 519 | 163 | 859 | — | |||||||||||||||||
21,450 | — | — | — | 36,300 | 151,250 | |||||||||||||||||
— | — | — | 278 | 832 | 905 | |||||||||||||||||
— | — | — | — | — | 11,207 | |||||||||||||||||
— | — | — | — | — | 57,349 | |||||||||||||||||
89,528 | 4,758 | 21,017 | 6,677,713 | 106,568 | 398,073 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
638 | 609 | 4,620 | — | — | — | |||||||||||||||||
— | — | — | — | — | 4,124,805 | |||||||||||||||||
— | — | — | — | — | 73,500 | |||||||||||||||||
11,159 | 12,542 | 16,603 | 21,953 | 23,368 | 25,397 | |||||||||||||||||
492,087 | 863,682 | 1,648,759 | 132,779,107 | 5,477,927 | 78,401,001 | |||||||||||||||||
— | — | — | — | — | 2,071,093 | |||||||||||||||||
— | — | — | — | — | 38,960 | |||||||||||||||||
14,294 | 151,088 | 66,510 | 467,892 | 338,709 | 1,049,128 | |||||||||||||||||
11,146 | 16,681 | 128,569 | 8,917,874 | 500,583 | — | |||||||||||||||||
9,525 | — | — | — | 17,640 | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | — | — | 13,196 | 668 | 60,201 | |||||||||||||||||
— | — | — | 2,639 | 133 | 12,040 | |||||||||||||||||
9 | 29 | 52 | 739 | 153 | 3,366 | |||||||||||||||||
0 | 8 | 19 | 46 | 154 | 948 | |||||||||||||||||
25 | 69 | 102 | 1,273 | 415 | 7,005 | |||||||||||||||||
10 | 33 | 52 | 728 | 152 | 3,945 | |||||||||||||||||
2 | 5 | 6 | 61 | 20 | 420 | |||||||||||||||||
1 | 4 | 6 | 80 | 17 | 366 | |||||||||||||||||
467 | 290 | 341 | 42,008 | 3,397 | 67,868 | |||||||||||||||||
35,479 | 168,207 | 195,657 | 9,446,536 | 862,041 | 3,315,340 | |||||||||||||||||
$ | 456,608 | $ | 695,475 | $ | 1,453,102 | $ | 123,332,571 | $ | 4,615,886 | $ | 75,085,661 | |||||||||||
$ | 10,986,482 | $ | 16,880,731 | $ | 12,388,985 | $ | 185,360,612 | $ | 59,286,983 | $ | 84,769,122 | |||||||||||
(10,529,874 | ) | (16,185,256 | ) | (10,935,883 | ) | (62,028,041 | ) | (54,671,097 | ) | (9,683,461 | ) | |||||||||||
$ | 456,608 | $ | 695,475 | $ | 1,453,102 | $ | 123,332,571 | $ | 4,615,886 | $ | 75,085,661 | |||||||||||
$ | 455,432 | $ | 687,123 | $ | 1,429,298 | $ | 123,270,477 | $ | 4,135,313 | $ | 74,335,747 | |||||||||||
1,176 | 8,352 | 23,804 | 62,094 | 480,573 | 749,914 | |||||||||||||||||
38,372 | 68,207 | 270,769 | 8,479,934 | 517,722 | 1,023,134 | |||||||||||||||||
112 | 951 | 5,132 | 4,544 | 65,556 | 12,809 | |||||||||||||||||
$ | 11.87 | $ | 10.07 | $ | 5.28 | $ | 14.54 | $ | 7.99 | $ | 72.65 | |||||||||||
10.50 | 8.78 | 4.64 | 13.67 | 7.33 | 58.55 |
See accompanying notes to the financial statements.
194 :: Statements of Assets and Liabilities :: January 31, 2022 (unaudited)
U.S. Government Plus ProFund | Utilities UltraSector ProFund | |||||||
ASSETS: | ||||||||
Total Investment Securities, at cost | $ | 23,826,000 | $ | 5,457,657 | ||||
Securities, at value | — | 7,302,272 | ||||||
Repurchase agreements, at value | 23,826,000 | 2,193,000 | ||||||
Total Investment Securities, at value | 23,826,000 | 9,495,272 | ||||||
Cash | — | 934 | ||||||
Segregated cash balances for swap agreements with custodian | — | 104 | ||||||
Dividends receivable | — | 2,636 | ||||||
Receivable for capital shares issued | 2,996,241 | 119,058 | ||||||
Unrealized appreciation on swap agreements | 599,836 | 109,778 | ||||||
Prepaid expenses | 10,167 | 9,490 | ||||||
TOTAL ASSETS | 27,432,244 | 9,737,272 | ||||||
LIABILITIES: | ||||||||
Cash overdraft | 290,233 | — | ||||||
Payable for capital shares redeemed | 2,239,660 | 147,558 | ||||||
Advisory fees payable | 8,743 | 6,110 | ||||||
Management services fees payable | 2,623 | 1,222 | ||||||
Administration fees payable | 738 | 295 | ||||||
Distribution and services fees payable—Service Class | 208 | 750 | ||||||
Transfer agency fees payable | 1,441 | 864 | ||||||
Fund accounting fees payable | 727 | 354 | ||||||
Compliance services fees payable | 84 | 39 | ||||||
Service fees payable | 80 | 37 | ||||||
Other accrued expenses | 13,086 | 7,944 | ||||||
TOTAL LIABILITIES | 2,557,623 | 165,173 | ||||||
NET ASSETS | $ | 24,874,621 | $ | 9,572,099 | ||||
NET ASSETS CONSIST OF: | ||||||||
Capital | $ | 26,585,807 | $ | 12,608,435 | ||||
Total distributable earnings (loss) | (1,711,186 | ) | (3,036,336 | ) | ||||
NET ASSETS | $ | 24,874,621 | $ | 9,572,099 | ||||
NET ASSETS: | ||||||||
Investor Class | $ | 24,633,879 | $ | 8,619,545 | ||||
Service Class | 240,742 | 952,554 | ||||||
SHARES OF BENEFICIAL INTEREST OUTSTANDING (unlimited number of shares authorized, no par value): | ||||||||
Investor Class | 377,074 | 135,313 | ||||||
Service Class | 4,090 | 16,154 | ||||||
NET ASSET VALUE (offering and redemption price per share): | ||||||||
Investor Class | $ | 65.33 | $ | 63.70 | ||||
Service Class | 58.86 | 58.97 |
Amounts designated as “ – ” or have been rounded to $0.
See accompanying notes to the financial statements.
Statements of Operations
This Page Intentionally Left Blank
For the Periods Indicated (unaudited) :: Statements of Operations :: 197
Access Flex Bear High Yield ProFund | Access Flex High Yield ProFund | |||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||
INVESTMENT INCOME: | ||||||||
Interest | $ | — | $ | 50,040 | ||||
TOTAL INVESTMENT INCOME | — | 50,040 | ||||||
EXPENSES: | ||||||||
Advisory fees | 2,297 | 58,612 | ||||||
Management services fees | 459 | 11,723 | ||||||
Administration fees | 362 | 6,344 | ||||||
Distribution and services fees—Service Class | 50 | 16,580 | ||||||
Transfer agency fees | 433 | 5,979 | ||||||
Administrative services fees | 859 | 17,294 | ||||||
Registration and filing fees | 11,783 | 28,005 | ||||||
Custody fees | 73 | 1,266 | ||||||
Fund accounting fees | 201 | 3,429 | ||||||
Trustee fees | 14 | 216 | ||||||
Compliance services fees | 5 | 73 | ||||||
Service fees | 22 | 380 | ||||||
Nasdaq trading symbol fees | 960 | 960 | ||||||
Other fees | 588 | 4,827 | ||||||
Total Gross Expenses before reductions | 18,106 | 155,688 | ||||||
Expenses reduced and reimbursed by the Advisor | (12,605 | ) | — | |||||
TOTAL NET EXPENSES | 5,501 | 155,688 | ||||||
NET INVESTMENT INCOME (LOSS) | (5,501 | ) | (105,648 | ) | ||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||
Gain received from non-recurring class action settlement(s) | 82 | 1,145 | ||||||
Net realized gains (losses) on investment securities | — | (351,986 | ) | |||||
Net realized gains (losses) on futures contracts | 6,125 | (19,407 | ) | |||||
Net realized gains (losses) on swap agreements | (18,474 | ) | 274,878 | |||||
Change in net unrealized appreciation/depreciation on investment securities | — | (70,636 | ) | |||||
Change in net unrealized appreciation/depreciation on futures contracts | 8,954 | (2,224 | ) | |||||
Change in net unrealized appreciation/depreciation on swap agreements | 17,389 | (267,444 | ) | |||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | 14,076 | (435,674 | ) | |||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | 8,575 | $ | (541,322 | ) |
Amounts designated as “–” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
198 :: Statements of Operations :: For the Periods Indicated (unaudited)
Banks UltraSector ProFund | Basic Materials UltraSector ProFund | Bear ProFund | Biotechnology UltraSector ProFund | |||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||
INVESTMENT INCOME: | ||||||||||||||||
Dividends | $ | 265,565 | $ | 52,562 | $ | — | $ | 833,672 | ||||||||
Interest | — | — | — | — | ||||||||||||
Foreign tax withholding | — | — | — | — | ||||||||||||
Net income from securities lending | — | — | — | — | ||||||||||||
TOTAL INVESTMENT INCOME | 265,565 | 52,562 | — | 833,672 | ||||||||||||
EXPENSES: | ||||||||||||||||
Advisory fees | 121,092 | 30,230 | 48,220 | 614,875 | ||||||||||||
Management services fees | 24,218 | 6,046 | 9,644 | 122,975 | ||||||||||||
Administration fees | 10,857 | 3,318 | 4,550 | 57,669 | ||||||||||||
Distribution and services fees—Service Class | 10,456 | 3,798 | 2,569 | 24,748 | ||||||||||||
Transfer agency fees | 6,689 | 2,745 | 3,028 | 32,556 | ||||||||||||
Administrative services fees | 37,364 | 9,869 | 15,605 | 219,593 | ||||||||||||
Registration and filing fees | 38,721 | 17,548 | 17,133 | 22,658 | ||||||||||||
Custody fees | 2,566 | 608 | 913 | 11,505 | ||||||||||||
Fund accounting fees | 5,095 | 1,833 | 2,432 | 31,763 | ||||||||||||
Trustee fees | 277 | 101 | 128 | 1,657 | ||||||||||||
Compliance services fees | 121 | 42 | 62 | 736 | ||||||||||||
Service fees | 558 | 195 | 271 | 3,526 | ||||||||||||
Interest and futures commission merchant (FCM) fees | — | — | — | — | ||||||||||||
Other fees | 14,600 | 4,150 | 4,744 | 63,142 | ||||||||||||
Recoupment of prior expenses reduced by the Advisor | — | — | — | — | ||||||||||||
Total Gross Expenses before reductions | 272,614 | 80,483 | 109,299 | 1,207,403 | ||||||||||||
Expenses reduced and reimbursed by the Advisor | — | (2,800 | ) | — | — | |||||||||||
Fees paid indirectly | — | — | — | — | ||||||||||||
TOTAL NET EXPENSES | 272,614 | 77,683 | 109,299 | 1,207,403 | ||||||||||||
NET INVESTMENT INCOME (LOSS) | (7,049 | ) | (25,121 | ) | (109,299 | ) | (373,731 | ) | ||||||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||||||||||
Gain received from non-recurring class action settlement(s) | 964 | — | 1,289 | 682 | ||||||||||||
Net realized gains (losses) on investment securities | (3,534,508 | ) | (10,213 | ) | — | 15,653,082 | ||||||||||
Net realized gains (losses) on futures contracts | — | — | (82,165 | ) | — | |||||||||||
Net realized gains (losses) on swap agreements | 1,816,644 | (139,997 | ) | 124,206 | (17,465,009 | ) | ||||||||||
Change in net unrealized appreciation/depreciation on investment securities | 4,251,110 | (334,667 | ) | — | (30,177,548 | ) | ||||||||||
Change in net unrealized appreciation/depreciation on futures contracts | — | — | 69,295 | — | ||||||||||||
Change in net unrealized appreciation/depreciation on swap agreements | (788,329 | ) | (233,195 | ) | (461,499 | ) | 2,798,256 | |||||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | 1,745,881 | (718,072 | ) | (348,874 | ) | (29,190,537 | ) | |||||||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | 1,738,832 | $ | (743,193 | ) | $ | (458,173 | ) | $ | (29,564,268 | ) |
* | Consolidated Statement of Operations |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated (unaudited) :: Statements of Operations :: 199
Bitcoin Strategy ProFund* | Bull ProFund | Communication Services UltraSector ProFund | Consumer Goods UltraSector ProFund | Consumer Services UltraSector ProFund | Europe 30 ProFund | |||||||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||||||
$ | — | $ | 275,401 | $ | 37,445 | $ | 50,932 | $ | 173,105 | $ | 55,975 | |||||||||||
4,680 | — | — | — | — | — | |||||||||||||||||
— | (48 | ) | — | — | — | (3,301 | ) | |||||||||||||||
— | 10 | 54 | 158 | 299 | 267 | |||||||||||||||||
4,680 | 275,363 | 37,499 | 51,090 | 173,404 | 52,941 | |||||||||||||||||
53,501 | 224,772 | 39,666 | 31,230 | 227,264 | 13,797 | |||||||||||||||||
17,833 | 44,955 | 7,934 | 6,246 | 45,453 | 2,759 | |||||||||||||||||
8,917 | 20,239 | 3,886 | 3,609 | 26,204 | 1,225 | |||||||||||||||||
— | 35,717 | 1,142 | 3,288 | 6,981 | 1,167 | |||||||||||||||||
4,929 | 19,393 | 4,544 | 5,175 | 30,399 | 1,011 | |||||||||||||||||
33,701 | 53,220 | 7,556 | 4,510 | 52,030 | 3,040 | |||||||||||||||||
18,441 | 25,792 | 16,644 | 16,279 | 22,518 | 15,001 | |||||||||||||||||
1,724 | 4,110 | 752 | 700 | 5,080 | 1,776 | |||||||||||||||||
12,889 | 12,129 | 2,164 | 2,245 | 14,638 | 709 | |||||||||||||||||
343 | 576 | 110 | 107 | 756 | 35 | |||||||||||||||||
134 | 258 | 49 | 44 | 323 | 14 | |||||||||||||||||
574 | 1,248 | 235 | 229 | 1,591 | 73 | |||||||||||||||||
37,981 | — | — | — | — | — | |||||||||||||||||
29,177 | 19,686 | 6,352 | 4,441 | 27,261 | 1,764 | |||||||||||||||||
— | — | 5,387 | — | — | — | |||||||||||||||||
220,144 | 462,095 | 96,421 | 78,103 | 460,498 | 42,371 | |||||||||||||||||
(80,613 | ) | — | (1,137 | ) | (1,363 | ) | — | (8,440 | ) | |||||||||||||
(1,682 | ) | — | — | — | — | — | ||||||||||||||||
137,849 | 462,095 | 95,284 | 76,740 | 460,498 | 33,931 | |||||||||||||||||
(133,169 | ) | (186,732 | ) | (57,785 | ) | (25,650 | ) | (287,094 | ) | 19,010 | ||||||||||||
— | 9,601 | — | 55 | 10,262 | — | |||||||||||||||||
(3,264 | ) | 2,511,636 | 124,437 | 102,754 | 1,130,594 | 229,527 | ||||||||||||||||
(11,077,042 | ) | 233,075 | — | — | — | — | ||||||||||||||||
— | (479,717 | ) | (1,030,709 | ) | 220,525 | (5,196,507 | ) | — | ||||||||||||||
(16,152 | ) | (1,490,220 | ) | (1,022,010 | ) | 51,727 | (4,524,361 | ) | (240,958 | ) | ||||||||||||
(438,621 | ) | (96,207 | ) | — | — | — | — | |||||||||||||||
— | 423,719 | 220,318 | (63,284 | ) | 2,446,598 | — | ||||||||||||||||
(11,535,079 | ) | 1,111,887 | (1,707,964 | ) | 311,777 | (6,133,414 | ) | (11,431 | ) | |||||||||||||
$ | (11,668,248 | ) | $ | 925,155 | $ | (1,765,749 | ) | $ | 286,127 | $ | (6,420,508 | ) | $ | 7,579 |
See accompanying notes to the financial statements.
200 :: Statements of Operations :: For the Periods Indicated (unaudited)
Falling U.S. Dollar ProFund | Financials UltraSector ProFund | Health Care UltraSector ProFund | Industrials UltraSector ProFund | |||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||
INVESTMENT INCOME: | ||||||||||||||||
Dividends | $ | — | $ | 136,403 | $ | 148,926 | $ | 88,504 | ||||||||
Interest | — | 269 | — | — | ||||||||||||
Foreign tax withholding | — | — | — | — | ||||||||||||
Net income from securities lending | — | 1 | — | 7 | ||||||||||||
TOTAL INVESTMENT INCOME | — | 136,673 | 148,926 | 88,511 | ||||||||||||
EXPENSES: | ||||||||||||||||
Advisory fees | 4,508 | 66,812 | 109,161 | 66,325 | ||||||||||||
Management services fees | 902 | 13,362 | 21,832 | 13,265 | ||||||||||||
Administration fees | 607 | 7,516 | 11,213 | 5,573 | ||||||||||||
Distribution and services fees—Service Class | 12 | 3,454 | 6,205 | 2,129 | ||||||||||||
Transfer agency fees | 381 | 7,384 | 13,527 | 5,213 | ||||||||||||
Administrative services fees | 2,204 | 16,397 | 20,731 | 17,429 | ||||||||||||
Registration and filing fees | 19,677 | 24,692 | 23,960 | 21,493 | ||||||||||||
Custody fees | 5,194 | 1,311 | 2,235 | 1,093 | ||||||||||||
Fund accounting fees | 329 | 4,381 | 6,521 | 3,502 | ||||||||||||
Trustee fees | 17 | 202 | 317 | 166 | ||||||||||||
Compliance services fees | 5 | 89 | 149 | 69 | ||||||||||||
Service fees | 37 | 418 | 689 | 332 | ||||||||||||
Other fees | 2,032 | 7,630 | 13,985 | 6,487 | ||||||||||||
Recoupment of prior expenses reduced by the Advisor | — | — | — | 12,506 | ||||||||||||
Total Gross Expenses before reductions | 35,905 | 153,648 | 230,525 | 155,582 | ||||||||||||
Expenses reduced and reimbursed by the Advisor | (25,194 | ) | — | — | — | |||||||||||
TOTAL NET EXPENSES | 10,711 | 153,648 | 230,525 | 155,582 | ||||||||||||
NET INVESTMENT INCOME (LOSS) | (10,711 | ) | (16,975 | ) | (81,599 | ) | (67,071 | ) | ||||||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||||||||||
Gain received from non-recurring class action settlement(s) | 423 | 6,190 | 648 | 503 | ||||||||||||
Net realized gains (losses) on investment securities | — | 383,729 | (902,577 | ) | 274,335 | |||||||||||
Net realized gains (losses) on swap agreements | — | 48,702 | (1,465,792 | ) | (506,906 | ) | ||||||||||
Net realized gains (losses) on forward currency contracts | (35,708 | ) | — | — | — | |||||||||||
Change in net unrealized appreciation/depreciation on investment securities | — | (150,758 | ) | (438,383 | ) | (928,977 | ) | |||||||||
Change in net unrealized appreciation/depreciation on swap agreements | — | 140,414 | 96,794 | 55,907 | ||||||||||||
Change in net unrealized appreciation/depreciation on forward currency contracts | (25,630 | ) | — | — | — | |||||||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | (60,915 | ) | 428,277 | (2,709,310 | ) | (1,105,138 | ) | |||||||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | (71,626 | ) | $ | 411,302 | $ | (2,790,909 | ) | $ | (1,172,209 | ) |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated (unaudited) :: Statements of Operations :: 201
Internet UltraSector ProFund | Large-Cap Growth ProFund | Large-Cap Value ProFund | Mid-Cap Growth ProFund | Mid-Cap ProFund | Mid-Cap Value ProFund | |||||||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||||||
$ | 164,392 | $ | 107,144 | $ | 97,595 | $ | 18,556 | $ | 39,602 | $ | 61,511 | |||||||||||
— | — | — | — | — | — | |||||||||||||||||
— | (3 | ) | (14 | ) | — | — | — | |||||||||||||||
253 | — | 4 | — | — | — | |||||||||||||||||
164,645 | 107,141 | 97,585 | 18,556 | 39,602 | 61,511 | |||||||||||||||||
816,374 | 117,370 | 39,051 | 16,586 | 28,733 | 23,185 | |||||||||||||||||
163,276 | 23,474 | 7,810 | 3,317 | 5,747 | 4,637 | |||||||||||||||||
77,115 | 9,710 | 5,907 | 1,491 | 2,853 | 1,955 | |||||||||||||||||
54,511 | 9,625 | 9,567 | 3,878 | 4,155 | 3,433 | |||||||||||||||||
45,547 | 7,608 | 4,801 | 1,346 | 2,207 | 1,662 | |||||||||||||||||
267,625 | 31,639 | 16,310 | 3,958 | 9,012 | 6,071 | |||||||||||||||||
29,478 | 14,727 | 10,897 | 15,986 | 17,301 | 15,243 | |||||||||||||||||
15,123 | 2,560 | 1,464 | 531 | 591 | 560 | |||||||||||||||||
42,163 | 5,944 | 3,789 | 1,252 | 2,332 | 1,607 | |||||||||||||||||
2,187 | 291 | 174 | 43 | 83 | 53 | |||||||||||||||||
955 | 155 | 86 | 19 | 33 | 25 | |||||||||||||||||
4,674 | 616 | 360 | 91 | 175 | 116 | |||||||||||||||||
84,217 | 10,976 | 5,033 | 3,511 | 3,352 | 2,731 | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
1,603,245 | 234,695 | 105,249 | 52,009 | 76,574 | 61,278 | |||||||||||||||||
— | — | (673 | ) | (1,668 | ) | (1,529 | ) | (2,820 | ) | |||||||||||||
1,603,245 | 234,695 | 104,576 | 50,341 | 75,045 | 58,458 | |||||||||||||||||
(1,438,600 | ) | (127,554 | ) | (6,991 | ) | (31,785 | ) | (35,443 | ) | 3,053 | ||||||||||||
72 | 8,821 | 3,432 | 158 | 156 | 4,491 | |||||||||||||||||
13,860,785 | 1,227,461 | (145,474 | ) | 835,697 | 300,269 | 1,050,608 | ||||||||||||||||
(37,648,910 | ) | — | — | — | (211,221 | ) | — | |||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
(43,559,331 | ) | (1,234,888 | ) | (533,163 | ) | (1,074,042 | ) | (426,386 | ) | (844,714 | ) | |||||||||||
9,664,060 | — | — | — | 68,477 | — | |||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
(57,683,324 | ) | 1,394 | (675,205 | ) | (238,187 | ) | (268,705 | ) | 210,385 | |||||||||||||
$ | (59,121,924 | ) | $ | (126,160 | ) | $ | (682,196 | ) | $ | (269,972 | ) | $ | (304,148 | ) | $ | 213,438 |
See accompanying notes to the financial statements.
202 :: Statements of Operations :: For the Periods Indicated (unaudited)
Nasdaq-100 ProFund | Oil & Gas UltraSector ProFund | Oil Equipment & Services UltraSector ProFund | Pharmaceuticals UltraSector ProFund | |||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||
INVESTMENT INCOME: | ||||||||||||||||
Dividends | $ | 286,184 | $ | 481,328 | $ | 102,336 | $ | 38,757 | ||||||||
Foreign tax withholding | (262 | ) | — | (45 | ) | — | ||||||||||
Net income from securities lending | 1,227 | — | — | 29 | ||||||||||||
TOTAL INVESTMENT INCOME | 287,149 | 481,328 | 102,291 | 38,786 | ||||||||||||
EXPENSES: | ||||||||||||||||
Advisory fees | 549,619 | 107,513 | 69,909 | 18,656 | ||||||||||||
Management services fees | 117,776 | 21,503 | 13,982 | 3,731 | ||||||||||||
Administration fees | 55,143 | 13,462 | 7,528 | 1,824 | ||||||||||||
Distribution and services fees—Service Class | 40,286 | 8,460 | 8,052 | 2,234 | ||||||||||||
Transfer agency fees | 40,054 | 18,594 | 5,684 | 1,454 | ||||||||||||
Administrative services fees | 182,690 | 16,079 | 21,232 | 5,630 | ||||||||||||
Registration and filing fees | 27,997 | 17,024 | 18,856 | 14,651 | ||||||||||||
Custody fees | 11,040 | 2,588 | 3,592 | 336 | ||||||||||||
Fund accounting fees | 30,719 | 7,383 | 3,926 | 1,096 | ||||||||||||
Trustee fees | 1,564 | 400 | 209 | 54 | ||||||||||||
Compliance services fees | 741 | 179 | 76 | 24 | ||||||||||||
Service fees | 3,396 | 821 | 434 | 113 | ||||||||||||
Licensing fees | 37,875 | 3,304 | 1,533 | 434 | ||||||||||||
Other fees | 45,904 | 11,152 | 6,584 | 2,904 | ||||||||||||
Recoupment of prior expenses reduced by the Advisor | — | — | — | — | ||||||||||||
Total Gross Expenses before reductions | 1,144,804 | 228,462 | 161,597 | 53,141 | ||||||||||||
Expenses reduced and reimbursed by the Advisor | — | — | — | (6,630 | ) | |||||||||||
TOTAL NET EXPENSES | 1,144,804 | 228,462 | 161,597 | 46,511 | ||||||||||||
NET INVESTMENT INCOME (LOSS) | (857,655 | ) | 252,866 | (59,306 | ) | (7,725 | ) | |||||||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||||||||||
Gain received from non-recurring class action settlement(s) | 1,246 | 54 | — | 46 | ||||||||||||
Net realized gains (losses) on investment securities | 5,293,811 | (432,563 | ) | (778,045 | ) | (45,291 | ) | |||||||||
Net realized gains (losses) on futures contracts | 101,473 | — | — | — | ||||||||||||
Net realized gains (losses) on swap agreements | (5,492,780 | ) | 5,100,785 | 379,891 | (54,770 | ) | ||||||||||
Net realized gains (losses) on forward currency contracts | — | — | — | — | ||||||||||||
Change in net unrealized appreciation/depreciation on investment securities | (1,775,698 | ) | 6,038,492 | 1,154,065 | 58,820 | |||||||||||
Change in net unrealized appreciation/depreciation on futures contracts | (103,205 | ) | — | — | — | |||||||||||
Change in net unrealized appreciation/depreciation on swap agreements | 3,207,097 | 958,801 | 123,282 | 92,506 | ||||||||||||
Change in net unrealized appreciation/depreciation on forward currency contracts | — | — | — | — | ||||||||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | 1,231,944 | 11,665,569 | 879,193 | 51,311 | ||||||||||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | 374,289 | $ | 11,918,435 | $ | 819,887 | $ | 43,586 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated (unaudited) :: Statements of Operations :: 203
Precious Metals UltraSector ProFund | Real Estate UltraSector ProFund | Rising Rates Opportunity ProFund | Rising Rates Opportunity 10 ProFund | Rising U.S. Dollar ProFund | Semiconductor UltraSector ProFund | |||||||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||||||
$ | 284,310 | $ | 740,252 | $ | — | $ | — | $ | — | $ | 409,366 | |||||||||||
(25,898 | ) | — | — | — | — | (1,501 | ) | |||||||||||||||
487 | 38 | — | — | — | — | |||||||||||||||||
258,899 | 740,290 | — | — | — | 407,865 | |||||||||||||||||
101,329 | 408,311 | 49,809 | 8,413 | 42,247 | 405,621 | |||||||||||||||||
20,266 | 81,663 | 9,962 | 1,683 | 8,450 | 81,124 | |||||||||||||||||
9,782 | 42,754 | 4,735 | 787 | 6,704 | 37,534 | |||||||||||||||||
6,435 | 5,708 | 3,869 | 813 | 1,549 | 31,301 | |||||||||||||||||
7,911 | 22,508 | 3,765 | 636 | 5,591 | 23,845 | |||||||||||||||||
26,559 | 182,036 | 15,808 | 2,484 | 20,635 | 140,954 | |||||||||||||||||
18,172 | 44,280 | 12,927 | 17,630 | 14,713 | 18,280 | |||||||||||||||||
1,867 | 9,173 | 1,025 | 173 | 4,762 | 7,485 | |||||||||||||||||
5,372 | 23,831 | 2,803 | 469 | 3,802 | 21,206 | |||||||||||||||||
285 | 1,243 | 151 | 25 | 199 | 1,076 | |||||||||||||||||
116 | 518 | 63 | 11 | 109 | 515 | |||||||||||||||||
591 | 2,576 | 314 | 53 | 429 | 2,360 | |||||||||||||||||
2,347 | 10,269 | — | — | 9,819 | 9,769 | |||||||||||||||||
7,963 | 36,263 | 4,921 | 1,422 | 6,069 | 30,335 | |||||||||||||||||
— | 729 | — | — | — | — | |||||||||||||||||
208,995 | 871,862 | 110,152 | 34,599 | 125,078 | 811,405 | |||||||||||||||||
— | — | — | (13,819 | ) | (23,263 | ) | — | |||||||||||||||
208,995 | 871,862 | 110,152 | 20,780 | 101,815 | 811,405 | |||||||||||||||||
49,904 | (131,572 | ) | (110,152 | ) | (20,780 | ) | (101,815 | ) | (403,540 | ) | ||||||||||||
1,077 | 41,978 | 4,791 | 1,183 | 324 | — | |||||||||||||||||
(4,142 | ) | 740,916 | — | — | — | (1,725,203 | ) | |||||||||||||||
— | — | — | (600 | ) | — | — | ||||||||||||||||
(1,062,500 | ) | (136,030 | ) | 153,942 | 91,760 | — | (627,192 | ) | ||||||||||||||
— | — | — | — | (56 | ) | — | ||||||||||||||||
(2,947,260 | ) | 35,264 | — | — | — | 2,714,201 | ||||||||||||||||
— | — | — | — | — | — | |||||||||||||||||
(1,869,314 | ) | 24,828 | (395,039 | ) | (11,944 | ) | — | (538,429 | ) | |||||||||||||
— | — | — | — | 382,498 | — | |||||||||||||||||
(5,882,139 | ) | 706,956 | (236,306 | ) | 80,399 | 382,766 | (176,623 | ) | ||||||||||||||
$ | (5,832,235 | ) | $ | 575,384 | $ | (346,458 | ) | $ | 59,619 | $ | 280,951 | $ | (580,163 | ) |
See accompanying notes to the financial statements.
204 :: Statements of Operations :: For the Periods Indicated (unaudited)
Short Nasdaq-100 ProFund | Short Oil & Gas ProFund | Short Precious Metals ProFund | Short Real Estate ProFund | |||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||
INVESTMENT INCOME: | ||||||||||||||||
Dividends | $ | — | $ | — | $ | — | $ | — | ||||||||
Foreign tax withholding | — | — | — | — | ||||||||||||
Net income from securities lending | — | — | — | — | ||||||||||||
TOTAL INVESTMENT INCOME | — | — | — | — | ||||||||||||
EXPENSES: | ||||||||||||||||
Advisory fees | 28,854 | 4,921 | 12,882 | 1,970 | ||||||||||||
Management services fees | 5,771 | 984 | 2,576 | 394 | ||||||||||||
Administration fees | 5,730 | 414 | 1,123 | 273 | ||||||||||||
Distribution and services fees—Service Class | 492 | 191 | 92 | 70 | ||||||||||||
Transfer agency fees | 2,883 | 489 | 840 | 405 | ||||||||||||
Administrative services fees | 29,211 | 1,235 | 3,867 | 337 | ||||||||||||
Registration and filing fees | 7,862 | 23,703 | 20,213 | 18,286 | ||||||||||||
Custody fees | 1,080 | 228 | 206 | 52 | ||||||||||||
Fund accounting fees | 3,195 | 264 | 680 | 162 | ||||||||||||
Trustee fees | 194 | 14 | 36 | 9 | ||||||||||||
Compliance services fees | 93 | 5 | 17 | 4 | ||||||||||||
Service fees | 364 | 29 | 76 | 18 | ||||||||||||
Other fees | 8,369 | 1,788 | 3,288 | 1,414 | ||||||||||||
Total Gross Expenses before reductions | 94,098 | 34,265 | 45,896 | 23,394 | ||||||||||||
Expenses reduced and reimbursed by the Advisor | (25,125 | ) | (22,396 | ) | (15,232 | ) | (18,648 | ) | ||||||||
TOTAL NET EXPENSES | 68,973 | 11,869 | 30,664 | 4,746 | ||||||||||||
NET INVESTMENT INCOME (LOSS) | (68,973 | ) | (11,869 | ) | (30,664 | ) | (4,746 | ) | ||||||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||||||||||
Gain received from non-recurring class action settlement(s) | 60 | — | 25 | 389 | ||||||||||||
Net realized gains (losses) on investment securities | — | — | — | — | ||||||||||||
Net realized gains (losses) on futures contracts | (50,520 | ) | — | — | — | |||||||||||
Net realized gains (losses) on swap agreements | 3,258,811 | (87,216 | ) | 76,929 | (1,083 | ) | ||||||||||
Change in net unrealized appreciation/depreciation on investment securities | — | — | — | — | ||||||||||||
Change in net unrealized appreciation/depreciation on futures contracts | 23,085 | — | — | — | ||||||||||||
Change in net unrealized appreciation/depreciation on swap agreements | (3,563,961 | ) | 10,680 | 220,960 | (6,803 | ) | ||||||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | (332,525 | ) | (76,536 | ) | 297,914 | (7,497 | ) | |||||||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | (401,498 | ) | $ | (88,405 | ) | $ | 267,250 | $ | (12,243 | ) |
See accompanying notes to the financial statements.
For the Periods Indicated (unaudited) :: Statements of Operations :: 205
Short Small-Cap ProFund | Small-Cap Growth ProFund | Small-Cap ProFund | Small-Cap Value ProFund | Technology UltraSector ProFund | Telecommunications UltraSector ProFund | |||||||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||||||
$ | — | $ | 45,894 | $ | 27,211 | $ | 161,085 | $ | 252,725 | $ | 14,013 | |||||||||||
— | (1 | ) | (14 | ) | (2 | ) | (275 | ) | — | |||||||||||||
— | 172 | 151 | 55 | 499 | — | |||||||||||||||||
— | 46,065 | 27,348 | 161,138 | 252,949 | 14,013 | |||||||||||||||||
17,446 | 29,117 | 29,101 | 61,394 | 394,863 | 4,276 | |||||||||||||||||
3,489 | 5,824 | 5,820 | 12,279 | 78,973 | 855 | |||||||||||||||||
1,999 | 2,973 | 2,711 | 5,753 | 36,599 | 446 | |||||||||||||||||
185 | 4,193 | 2,992 | 3,976 | 34,113 | 299 | |||||||||||||||||
1,732 | 2,344 | 2,768 | 3,583 | 24,149 | 415 | |||||||||||||||||
8,094 | 8,375 | 6,407 | 20,617 | 122,997 | 1,187 | |||||||||||||||||
32,669 | 17,785 | 18,228 | 18,410 | 20,714 | 15,797 | |||||||||||||||||
524 | 858 | 552 | 1,980 | 7,326 | 67 | |||||||||||||||||
1,341 | 2,227 | 5,184 | 3,988 | 20,829 | 326 | |||||||||||||||||
60 | 81 | 76 | 156 | 1,059 | 13 | |||||||||||||||||
38 | 34 | 37 | 65 | 502 | 6 | |||||||||||||||||
146 | 171 | 163 | 343 | 2,282 | 27 | |||||||||||||||||
5,956 | 3,336 | 5,066 | 5,916 | 41,309 | 1,838 | |||||||||||||||||
73,679 | 77,318 | 79,105 | 138,460 | 785,715 | 25,552 | |||||||||||||||||
(32,088 | ) | — | (7,045 | ) | — | — | (15,104 | ) | ||||||||||||||
41,591 | 77,318 | 72,060 | 138,460 | 785,715 | 10,448 | |||||||||||||||||
(41,591 | ) | (31,253 | ) | (44,712 | ) | 22,678 | (532,766 | ) | 3,565 | |||||||||||||
779 | 3,415 | 3,266 | 1,879 | 479 | — | |||||||||||||||||
— | 1,773,175 | (18,430 | ) | 1,905,303 | (1,158,280 | ) | 8,109 | |||||||||||||||
3,819 | — | 19,752 | — | — | — | |||||||||||||||||
(727,292 | ) | — | (131,299 | ) | — | (3,160,226 | ) | (10,663 | ) | |||||||||||||
— | (2,167,558 | ) | (229,688 | ) | (2,039,353 | ) | 1,697,614 | (44,686 | ) | |||||||||||||
3,377 | — | 5,852 | — | — | — | |||||||||||||||||
(67,523 | ) | — | 74,253 | — | 3,037,634 | (16,257 | ) | |||||||||||||||
(786,840 | ) | (390,968 | ) | (276,294 | ) | (132,171 | ) | 417,221 | (63,497 | ) | ||||||||||||
$ | (828,431 | ) | $ | (422,221 | ) | $ | (321,006 | ) | $ | (109,493 | ) | $ | (115,545 | ) | $ | (59,932 | ) |
See accompanying notes to the financial statements.
206 :: Statements of Operations :: For the Periods Indicated (unaudited)
UltraBear ProFund | UltraBull ProFund | UltraChina ProFund | UltraDow 30 ProFund | |||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||
INVESTMENT INCOME: | ||||||||||||||||
Dividends | $ | — | $ | 696,381 | $ | 64,313 | $ | 241,316 | ||||||||
Interest | — | — | — | — | ||||||||||||
Foreign tax withholding | — | (121 | ) | (4,270 | ) | — | ||||||||||
Net income from securities lending | — | 40 | 3,356 | — | ||||||||||||
TOTAL INVESTMENT INCOME | — | 696,300 | 63,399 | 241,316 | ||||||||||||
EXPENSES: | ||||||||||||||||
Advisory fees | 28,625 | 513,988 | 76,918 | 152,821 | ||||||||||||
Management services fees | 5,725 | 102,798 | 15,384 | 30,564 | ||||||||||||
Administration fees | 2,914 | 48,479 | 6,447 | 14,021 | ||||||||||||
Distribution and services fees—Service Class | 117 | 17,468 | 1,907 | 5,695 | ||||||||||||
Transfer agency fees | 2,008 | 34,829 | 3,964 | 10,391 | ||||||||||||
Administrative services fees | 9,871 | 140,757 | 29,662 | 45,207 | ||||||||||||
Registration and filing fees | 23,573 | 37,814 | 17,772 | 16,480 | ||||||||||||
Custody fees | 577 | 9,677 | 7,989 | 2,766 | ||||||||||||
Fund accounting fees | 1,580 | 27,712 | 3,585 | 7,777 | ||||||||||||
Trustee fees | 79 | 1,409 | 183 | 406 | ||||||||||||
Compliance services fees | 38 | 651 | 85 | 186 | ||||||||||||
Service fees | 177 | 2,991 | 390 | 862 | ||||||||||||
Other fees | 3,273 | 43,631 | 7,957 | 18,045 | ||||||||||||
Recoupment of prior expenses reduced by the Advisor | — | — | — | — | ||||||||||||
Total Gross Expenses before reductions | 78,557 | 982,204 | 172,243 | 305,221 | ||||||||||||
Expenses reduced and reimbursed by the Advisor | (10,494 | ) | — | — | — | |||||||||||
TOTAL NET EXPENSES | 68,063 | 982,204 | 172,243 | 305,221 | ||||||||||||
NET INVESTMENT INCOME (LOSS) | (68,063 | ) | (285,904 | ) | (108,844 | ) | (63,905 | ) | ||||||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||||||||||
Gain received from non-recurring class action settlement(s) | 2,123 | 2,962 | 6,638 | 80 | ||||||||||||
Net realized gains (losses) on investment securities | — | 165,625 | (4,529,880 | ) | 9,690 | |||||||||||
Net realized gains (losses) on futures contracts | (50,354 | ) | 494,208 | — | 121,102 | |||||||||||
Net realized gains (losses) on swap agreements | 489,094 | (3,138,036 | ) | (7,899,366 | ) | (1,291,954 | ) | |||||||||
Change in net unrealized appreciation/depreciation on investment securities | — | 2,318,338 | (521,283 | ) | 91,881 | |||||||||||
Change in net unrealized appreciation/depreciation on futures contracts | 43,310 | (115,056 | ) | — | (85,029 | ) | ||||||||||
Change in net unrealized appreciation/depreciation on swap agreements | (822,746 | ) | 6,528,142 | 844,692 | 1,364,328 | |||||||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | (338,573 | ) | 6,256,183 | (12,099,199 | ) | 210,098 | ||||||||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | (406,636 | ) | $ | 5,970,279 | $ | (12,208,043 | ) | $ | 146,193 |
See accompanying notes to the financial statements.
For the Periods Indicated (unaudited) :: Statements of Operations :: 207
UltraEmerging Markets ProFund | UltraInternational ProFund | UltraJapan ProFund | UltraLatin America ProFund | UltraMid-Cap ProFund | UltraNasdaq-100 ProFund | |||||||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||||||
$ | 119,484 | $ | — | $ | — | $ | 626,048 | $ | 317,362 | $ | 2,819,080 | |||||||||||
— | — | — | — | — | 1,028 | |||||||||||||||||
(6,013 | ) | — | — | (12,133 | ) | — | (2,626 | ) | ||||||||||||||
306 | — | — | 3,260 | 14 | 14,348 | |||||||||||||||||
113,777 | — | — | 617,175 | 317,376 | 2,831,830 | |||||||||||||||||
29,457 | 11,175 | 70,414 | 48,652 | 218,521 | 4,327,404 | |||||||||||||||||
5,891 | 2,235 | 11,736 | 9,730 | 43,705 | 865,485 | |||||||||||||||||
2,918 | 864 | 5,415 | 4,379 | 20,012 | 396,431 | |||||||||||||||||
1,177 | 411 | 815 | 498 | 6,180 | 130,757 | |||||||||||||||||
1,634 | 588 | 5,546 | 3,068 | 12,932 | 288,480 | |||||||||||||||||
13,175 | 3,829 | 11,750 | 13,925 | 68,816 | 1,300,031 | |||||||||||||||||
13,936 | 15,099 | 15,716 | 13,858 | 18,883 | 69,682 | |||||||||||||||||
2,361 | 183 | 1,051 | 6,222 | 4,075 | 108,825 | |||||||||||||||||
1,637 | 497 | 2,940 | 2,394 | 11,697 | 220,086 | |||||||||||||||||
86 | 26 | 150 | 126 | 581 | 11,433 | |||||||||||||||||
32 | 13 | 80 | 57 | 246 | 5,304 | |||||||||||||||||
175 | 55 | 327 | 262 | 1,222 | 24,483 | |||||||||||||||||
3,634 | 1,442 | 5,127 | 4,684 | 18,552 | 596,982 | |||||||||||||||||
— | — | 7,881 | — | — | — | |||||||||||||||||
76,113 | 36,417 | 138,948 | 107,855 | 425,422 | 8,345,383 | |||||||||||||||||
(1,166 | ) | (9,484 | ) | — | — | — | — | |||||||||||||||
74,947 | 26,933 | 138,948 | 107,855 | 425,422 | 8,345,383 | |||||||||||||||||
38,830 | (26,933 | ) | (138,948 | ) | 509,320 | (108,046 | ) | (5,513,553 | ) | |||||||||||||
900 | 93 | 268 | 2,984 | 3,529 | 172 | |||||||||||||||||
476,278 | — | — | 488,775 | 1,602,200 | 5,057,329 | |||||||||||||||||
— | — | (1,334,160 | ) | — | (283,021 | ) | 50,736 | |||||||||||||||
(1,486,402 | ) | (310,789 | ) | (20,314 | ) | (1,515,531 | ) | (3,065,208 | ) | (85,479,310 | ) | |||||||||||
(1,441,995 | ) | — | — | (1,823,053 | ) | (2,689,819 | ) | (7,756,611 | ) | |||||||||||||
— | — | 1,250,776 | — | 126,217 | (51,602 | ) | ||||||||||||||||
300,703 | 51,236 | 8,110 | 470,802 | 1,380,186 | 68,434,183 | |||||||||||||||||
(2,150,516 | ) | (259,460 | ) | (95,320 | ) | (2,376,023 | ) | (2,925,916 | ) | (19,745,103 | ) | |||||||||||
$ | (2,111,686 | ) | $ | (286,393 | ) | $ | (234,268 | ) | $ | (1,866,703 | ) | $ | (3,033,962 | ) | $ | (25,258,656 | ) |
See accompanying notes to the financial statements.
208 :: Statements of Operations :: For the Periods Indicated (unaudited)
UltraShort China ProFund | UltraShort Dow 30 ProFund | UltraShort Emerging Markets ProFund | UltraShort International ProFund | |||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||
INVESTMENT INCOME: | ||||||||||||||||
Dividends | $ | — | $ | — | $ | — | $ | — | ||||||||
Foreign tax withholding | — | — | — | — | ||||||||||||
TOTAL INVESTMENT INCOME | — | — | — | — | ||||||||||||
EXPENSES: | ||||||||||||||||
Advisory fees | 10,596 | 10,408 | 3,393 | 6,412 | ||||||||||||
Management services fees | 2,119 | 2,082 | 678 | 1,283 | ||||||||||||
Administration fees | 1,019 | 975 | 367 | 655 | ||||||||||||
Distribution and services fees—Service Class | 82 | 537 | 256 | 25 | ||||||||||||
Transfer agency fees | 690 | 686 | 275 | 374 | ||||||||||||
Administrative services fees | 5,113 | 3,431 | 2,410 | 4,042 | ||||||||||||
Registration and filing fees | 14,187 | 15,120 | 14,345 | 12,202 | ||||||||||||
Custody fees | 223 | 195 | 75 | 146 | ||||||||||||
Fund accounting fees | 627 | 536 | 229 | 392 | ||||||||||||
Trustee fees | 34 | 28 | 12 | 21 | ||||||||||||
Compliance services fees | 17 | 12 | 6 | 9 | ||||||||||||
Service fees | 70 | 60 | 26 | 44 | ||||||||||||
Other fees | 2,010 | 1,997 | 1,601 | 1,548 | ||||||||||||
Total Gross Expenses before reductions | 36,787 | 36,067 | 23,673 | 27,153 | ||||||||||||
Expenses reduced and reimbursed by the Advisor | (11,557 | ) | (10,828 | ) | (15,365 | ) | (11,909 | ) | ||||||||
TOTAL NET EXPENSES | 25,230 | 25,239 | 8,308 | 15,244 | ||||||||||||
NET INVESTMENT INCOME (LOSS) | (25,230 | ) | (25,239 | ) | (8,308 | ) | (15,244 | ) | ||||||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||||||||||
Gain received from non-recurring class action settlement(s) | — | 76 | — | 81 | ||||||||||||
Net realized gains (losses) on investment securities | — | — | — | — | ||||||||||||
Net realized gains (losses) on futures contracts | — | (2,612 | ) | — | — | |||||||||||
Net realized gains (losses) on swap agreements | 331,312 | (43,524 | ) | 188,833 | 106,133 | |||||||||||
Change in net unrealized appreciation/depreciation on investment securities | — | — | — | — | ||||||||||||
Change in net unrealized appreciation/depreciation on futures contracts | — | 1,782 | — | — | ||||||||||||
Change in net unrealized appreciation/depreciation on swap agreements | (451,653 | ) | (168,086 | ) | (50,199 | ) | (40,834 | ) | ||||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | (120,341 | ) | (212,364 | ) | 138,634 | 65,380 | ||||||||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | (145,571 | ) | $ | (237,603 | ) | $ | 130,326 | $ | 50,136 |
See accompanying notes to the financial statements.
For the Periods Indicated (unaudited) :: Statements of Operations :: 209
UltraShort Japan ProFund | UltraShort Latin America ProFund | UltraShort Mid-Cap ProFund | UltraShort Nasdaq-100 ProFund | UltraShort Small-Cap ProFund | UltraSmall-Cap ProFund | |||||||||||||||||
Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | Six Months Ended January 31, 2022 | |||||||||||||||||
$ | — | $ | — | $ | — | $ | — | $ | — | $ | 406,641 | |||||||||||
— | — | — | — | — | (264 | ) | ||||||||||||||||
— | — | — | — | — | 406,377 | |||||||||||||||||
1,297 | 5,196 | 5,656 | 56,256 | 17,741 | 359,542 | |||||||||||||||||
216 | 1,039 | 1,131 | 11,251 | 3,548 | 71,909 | |||||||||||||||||
210 | 392 | 580 | 8,187 | 1,683 | 32,911 | |||||||||||||||||
53 | 233 | 100 | 318 | 819 | 5,439 | |||||||||||||||||
175 | 258 | 361 | 4,207 | 1,448 | 20,627 | |||||||||||||||||
661 | 2,120 | 2,278 | 40,642 | 4,841 | 125,682 | |||||||||||||||||
22,579 | 15,213 | 14,739 | 12,144 | 17,607 | 22,946 | |||||||||||||||||
48 | 99 | 121 | 1,652 | 323 | 6,642 | |||||||||||||||||
121 | 233 | 325 | 4,573 | 937 | 22,185 | |||||||||||||||||
6 | 12 | 17 | 275 | 52 | 951 | |||||||||||||||||
3 | 5 | 8 | 124 | 21 | 420 | |||||||||||||||||
13 | 26 | 36 | 519 | 104 | 2,044 | |||||||||||||||||
1,228 | 1,281 | 1,029 | 12,140 | 3,138 | 51,140 | |||||||||||||||||
26,610 | 26,107 | 26,381 | 152,288 | 52,262 | 722,438 | |||||||||||||||||
(23,992 | ) | (13,543 | ) | (12,857 | ) | (888 | ) | (9,336 | ) | — | ||||||||||||
2,618 | 12,564 | 13,524 | 151,400 | 42,926 | 722,438 | |||||||||||||||||
(2,618 | ) | (12,564 | ) | (13,524 | ) | (151,400 | ) | (42,926 | ) | (316,061 | ) | |||||||||||
— | — | — | 454 | 441 | 3,075 | |||||||||||||||||
— | — | — | — | — | (1,167,856 | ) | ||||||||||||||||
(12,102 | ) | — | (4,043 | ) | (50,520 | ) | 25,867 | (32,686 | ) | |||||||||||||
24,774 | (42,670 | ) | 66,721 | 1,999,726 | 226,136 | (12,817,610 | ) | |||||||||||||||
— | — | — | — | — | (5,442,360 | ) | ||||||||||||||||
(15,702 | ) | — | (4,438 | ) | 23,085 | 31,960 | (246,299 | ) | ||||||||||||||
(11,725 | ) | (41,499 | ) | (71,437 | ) | (8,923,064 | ) | (178,141 | ) | 1,749,014 | ||||||||||||
(14,755 | ) | (84,169 | ) | (13,197 | ) | (6,950,319 | ) | 106,263 | (17,954,722 | ) | ||||||||||||
$ | (17,373 | ) | $ | (96,733 | ) | $ | (26,721 | ) | $ | (7,101,719 | ) | $ | 63,337 | $ | (18,270,783 | ) |
See accompanying notes to the financial statements.
210 :: Statements of Operations :: For the Periods Indicated (unaudited)
U.S. Government Plus ProFund | Utilities UltraSector ProFund | |||||||
Six Months | Six Months | |||||||
Ended | Ended | |||||||
January 31, | January 31, | |||||||
2022 | 2022 | |||||||
INVESTMENT INCOME: | ||||||||
Dividends | $ | — | $ | 100,992 | ||||
TOTAL INVESTMENT INCOME | — | 100,992 | ||||||
EXPENSES: | ||||||||
Advisory fees | 49,068 | 34,232 | ||||||
Management services fees | 14,721 | 6,846 | ||||||
Administration fees | 6,758 | 3,471 | ||||||
Distribution and services fees—Service Class | 4,445 | 3,285 | ||||||
Transfer agency fees | 4,145 | 2,683 | ||||||
Administrative services fees | 25,171 | 11,001 | ||||||
Registration and filing fees | 18,730 | 14,673 | ||||||
Custody fees | 1,363 | 676 | ||||||
Fund accounting fees | 3,854 | 2,013 | ||||||
Trustee fees | 208 | 102 | ||||||
Compliance services fees | 99 | 46 | ||||||
Service fees | 430 | 215 | ||||||
Other fees | 5,851 | 3,254 | ||||||
Recoupment of prior expenses reduced by the Advisor | — | 3,373 | ||||||
TOTAL NET EXPENSES | 134,843 | 85,870 | ||||||
NET INVESTMENT INCOME (LOSS) | (134,843 | ) | 15,122 | |||||
REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS: | ||||||||
Gain received from non-recurring class action settlement(s) | 227 | 11,375 | ||||||
Net realized gains (losses) on investment securities | — | 37,711 | ||||||
Net realized gains (losses) on futures contracts | 305,098 | — | ||||||
Net realized gains (losses) on swap agreements | (1,371,131 | ) | 315,896 | |||||
Change in net unrealized appreciation/depreciation on investment securities | — | 309,931 | ||||||
Change in net unrealized appreciation/depreciation on swap agreements | 285,131 | 96,331 | ||||||
NET REALIZED AND UNREALIZED GAINS (LOSSES) ON INVESTMENTS | (780,675 | ) | 771,244 | |||||
CHANGE IN NET ASSETS RESULTING FROM OPERATIONS | $ | (915,518 | ) | $ | 786,366 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
Statements of Changes in Net Assets
This Page Intentionally Left Blank
For the Periods Indicated :: Statements of Changes in Net Assets :: 213
Access Flex Bear High Yield ProFund | Access Flex High Yield ProFund | |||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Nine Months Ended July 31, 2021 | Year Ended October 31, 2020 | Six Months Ended January 31, 2022 (unaudited) | Nine Months Ended July 31, 2021 | Year Ended October 31, 2020 | |||||||||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||||||||||
OPERATIONS: | ||||||||||||||||||||||||
Net investment income (loss) | $ | (5,501 | ) | $ | (6,766 | ) | $ | (14,725 | ) | $ | (105,648 | ) | $ | (229,483 | ) | $ | (295,418 | ) | ||||||
Net realized gains (losses) on investments | (12,267 | ) | (44,954 | ) | (119,631 | ) | (95,370 | ) | 1,179,141 | 759,149 | ||||||||||||||
Change in net unrealized appreciation/depreciation on investments | 26,343 | (12,357 | ) | 8,535 | (340,304 | ) | 347,460 | (496,595 | ) | |||||||||||||||
Change in net assets resulting from operations | 8,575 | (64,077 | ) | (125,821 | ) | (541,322 | ) | 1,297,118 | (32,864 | ) | ||||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||||||||||
Total distributions | ||||||||||||||||||||||||
Investor Class | — | — | — | (51,036 | ) | (352,208 | ) | (473,488 | ) | |||||||||||||||
Service Class | — | — | — | (5,949 | ) | (58,794 | ) | (73,610 | ) | |||||||||||||||
Return of Capital | ||||||||||||||||||||||||
Investor Class | — | — | — | — | — | (51,279 | ) | |||||||||||||||||
Service Class | — | — | — | — | — | (7,972 | ) | |||||||||||||||||
Change in net assets resulting from distributions | — | — | — | (56,985 | ) | (411,002 | ) | (606,349 | ) | |||||||||||||||
Change in net assets resulting from capital transactions | 382,945 | (339,063 | ) | 145,189 | (8,410,632 | ) | (4,470,145 | ) | (3,640,067 | ) | ||||||||||||||
Change in net assets | 391,520 | (403,140 | ) | 19,368 | (9,008,939 | ) | (3,584,029 | ) | (4,279,280 | ) | ||||||||||||||
NET ASSETS: | ||||||||||||||||||||||||
Beginning of period | 455,767 | 858,907 | 839,539 | 16,779,597 | 20,363,626 | 24,642,906 | ||||||||||||||||||
End of period | $ | 847,287 | $ | 455,767 | $ | 858,907 | $ | 7,770,658 | $ | 16,779,597 | $ | 20,363,626 | ||||||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||
Proceeds from shares issued | $ | 2,066,288 | $ | 1,430,464 | $ | 5,134,273 | $ | 14,643,286 | $ | 23,728,782 | $ | 100,359,693 | ||||||||||||
Distributions reinvested | — | — | — | 50,962 | 351,055 | 510,530 | ||||||||||||||||||
Value of shares redeemed | (1,679,840 | ) | (1,768,701 | ) | (4,971,541 | ) | (22,432,096 | ) | (29,153,053 | ) | (103,023,846 | ) | ||||||||||||
Service Class | ||||||||||||||||||||||||
Proceeds from shares issued | — | 29,755 | 712,479 | 934,650 | 2,325,033 | 10,267,023 | ||||||||||||||||||
Distributions reinvested | — | — | — | 5,949 | 58,794 | 81,582 | ||||||||||||||||||
Value of shares redeemed | (3,503 | ) | (30,581 | ) | (730,022 | ) | (1,613,383 | ) | (1,780,756 | ) | (11,835,049 | ) | ||||||||||||
Change in net assets resulting from capital transactions | $ | 382,945 | $ | (339,063 | ) | $ | 145,189 | $ | (8,410,632 | ) | $ | (4,470,145 | ) | $ | (3,640,067 | ) | ||||||||
SHARE TRANSACTIONS: | ||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||
Issued | 69,020 | 46,292 | 146,202 | 449,722 | 721,737 | 3,084,990 | ||||||||||||||||||
Reinvested | — | — | — | 1,560 | 10,797 | 15,586 | ||||||||||||||||||
Redeemed | (56,247 | ) | (56,887 | ) | (144,619 | ) | (694,687 | ) | (884,650 | ) | (3,124,054 | ) | ||||||||||||
Service Class | ||||||||||||||||||||||||
Issued | — | 1,104 | 24,676 | 28,697 | 71,651 | 313,888 | ||||||||||||||||||
Reinvested | — | — | — | 184 | 1,825 | 2,534 | ||||||||||||||||||
Redeemed | (138 | ) | (1,158 | ) | (25,319 | ) | (50,335 | ) | (54,622 | ) | (369,466 | ) | ||||||||||||
Change in shares | 12,635 | (10,649 | ) | 940 | (264,859 | ) | (133,262 | ) | (76,522 | ) |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
214 :: Statements of Changes in Net Assets :: For the Periods Indicated
Banks UltraSector ProFund | Basic Materials UltraSector ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (7,049 | ) | $ | 199,223 | $ | (25,121 | ) | $ | (31,878 | ) | |||||
Net realized gains (losses) on investments | (1,716,900 | ) | (2,393,610 | ) | (150,210 | ) | 4,740,378 | |||||||||
Change in net unrealized appreciation/depreciation on investments | 3,462,781 | 2,972,910 | (567,862 | ) | 1,784,522 | |||||||||||
Change in net assets resulting from operations | 1,738,832 | 778,523 | (743,193 | ) | 6,493,022 | |||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | — | — | — | (90,892 | ) | |||||||||||
Service Class | — | — | — | (1,014 | ) | |||||||||||
Change in net assets resulting from distributions | — | — | — | (91,906 | ) | |||||||||||
Change in net assets resulting from capital transactions | (103,247,412 | ) | 115,153,415 | (4,344,230 | ) | 2,115,676 | ||||||||||
Change in net assets | (101,508,580 | ) | 115,931,938 | (5,087,423 | ) | 8,516,792 | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 123,579,771 | 7,647,833 | 11,691,921 | 3,175,129 | ||||||||||||
End of period | $ | 22,071,191 | $ | 123,579,771 | $ | 6,604,498 | $ | 11,691,921 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 66,175,355 | $ | 280,573,254 | $ | 25,393,861 | $ | 124,798,999 | ||||||||
Distributions reinvested | — | — | — | 88,159 | ||||||||||||
Value of shares redeemed | (169,025,228 | ) | (164,973,576 | ) | (29,786,607 | ) | (123,286,657 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 4,389,472 | 7,215,639 | 1,713,209 | 1,876,814 | ||||||||||||
Distributions reinvested | — | — | — | 1,014 | ||||||||||||
Value of shares redeemed | (4,787,011 | ) | (7,661,902 | ) | (1,664,693 | ) | (1,362,653 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (103,247,412 | ) | $ | 115,153,415 | $ | (4,344,230 | ) | $ | 2,115,676 | ||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 999,099 | 5,333,883 | 245,591 | 1,565,960 | ||||||||||||
Reinvested | — | — | — | 1,108 | ||||||||||||
Redeemed | (2,830,395 | ) | (3,429,571 | ) | (295,287 | ) | (1,507,370 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 74,196 | 185,428 | 18,572 | 24,047 | ||||||||||||
Reinvested | — | — | — | 15 | ||||||||||||
Redeemed | (78,594 | ) | (179,001 | ) | (18,348 | ) | (17,963 | ) | ||||||||
Change in shares | (1,835,694 | ) | 1,910,739 | (49,472 | ) | 65,797 |
* | Consolidated Statement of Changes in Net Assets. |
** | Period from commencement of operations. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 215
Bear ProFund | Biotechnology UltraSector ProFund | Bitcoin Strategy ProFund* | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Period from July 28, 2021 to July 31, 2021** | |||||||||||||||||
$ | (109,299 | ) | $ | (247,805 | ) | $ | (373,731 | ) | $ | (659,727 | ) | $ | (133,169 | ) | $ | (47 | ) | |||||
43,330 | (4,865,707 | ) | (1,811,245 | ) | 28,187,647 | (11,080,306 | ) | (65 | ) | |||||||||||||
(392,204 | ) | 125,280 | (27,379,292 | ) | 14,934,720 | (454,773 | ) | (4,987 | ) | |||||||||||||
(458,173 | ) | (4,988,232 | ) | (29,564,268 | ) | 42,462,640 | (11,668,248 | ) | (5,099 | ) | ||||||||||||
— | (8,361 | ) | (24,461,852 | ) | (16,545,172 | ) | — | — | ||||||||||||||
— | — | (1,060,495 | ) | (765,227 | ) | — | — | |||||||||||||||
— | (8,361 | ) | (25,522,347 | ) | (17,310,399 | ) | — | — | ||||||||||||||
(299,485 | ) | (790,366 | ) | 15,554,744 | (45,579,819 | ) | 37,947,008 | 528,624 | ||||||||||||||
(757,658 | ) | (5,786,959 | ) | (39,531,871 | ) | (20,427,578 | ) | 26,278,760 | 523,525 | |||||||||||||
10,588,320 | 16,375,279 | 173,637,242 | 194,064,820 | 523,525 | — | |||||||||||||||||
$ | 9,830,662 | $ | 10,588,320 | $ | 134,105,371 | $ | 173,637,242 | $ | 26,802,285 | $ | 523,525 | |||||||||||
$ | 83,400,141 | $ | 116,357,625 | $ | 36,813,157 | $ | 123,820,748 | $ | 65,649,686 | $ | 528,624 | |||||||||||
— | 8,006 | 24,133,912 | 16,351,107 | — | — | |||||||||||||||||
(83,478,730 | ) | (117,431,936 | ) | (45,899,926 | ) | (184,572,004 | ) | (27,702,678 | ) | — | ||||||||||||
348,464 | 2,364,479 | 1,437,425 | 1,302,267 | — | — | |||||||||||||||||
— | — | 1,056,031 | 762,453 | — | — | |||||||||||||||||
(569,360 | ) | (2,088,540 | ) | (1,985,855 | ) | (3,244,390 | ) | — | — | |||||||||||||
$ | (299,485 | ) | $ | (790,366 | ) | $ | 15,554,744 | $ | (45,579,819 | ) | $ | 37,947,008 | $ | 528,624 | ||||||||
5,401,076 | 6,015,374 | 454,134 | 1,739,382 | 2,073,433 | 21,198 | |||||||||||||||||
— | 413 | 353,610 | 239,736 | — | — | |||||||||||||||||
(5,401,548 | ) | (6,096,192 | ) | (608,657 | ) | (2,608,978 | ) | (924,690 | ) | — | ||||||||||||
24,697 | 132,226 | 23,166 | 23,337 | — | — | |||||||||||||||||
— | — | 23,062 | 15,320 | — | — | |||||||||||||||||
(41,572 | ) | (110,578 | ) | (34,629 | ) | (61,121 | ) | — | — | |||||||||||||
(17,347 | ) | (58,757 | ) | 210,686 | (652,324 | ) | 1,148,743 | 21,198 |
See accompanying notes to the financial statements.
216 :: Statements of Changes in Net Assets :: For the Periods Indicated
Bull ProFund | Communication Services UltraSector ProFund | |||||||||||||||
Six Months Ended January 31, (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (186,732 | ) | $ | (339,991 | ) | $ | (57,785 | ) | $ | (99,283 | ) | ||||
Net realized gains (losses) on investments | 2,274,595 | 17,478,543 | (906,272 | ) | 2,104,127 | |||||||||||
Change in net unrealized appreciation/depreciation on investments | (1,162,708 | ) | 736,811 | (801,692 | ) | 1,764,570 | ||||||||||
Change in net assets resulting from operations | 925,155 | 17,875,363 | (1,765,749 | ) | 3,769,414 | |||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | (4,111,749 | ) | (3,644,966 | ) | (66,813 | ) | — | |||||||||
Service Class | (640,420 | ) | (317,434 | ) | (2,126 | ) | — | |||||||||
Change in net assets resulting from distributions | (4,752,169 | ) | (3,962,400 | ) | (68,939 | ) | — | |||||||||
Change in net assets resulting from capital transactions | (9,645,421 | ) | (28,237,189 | ) | (1,843,806 | ) | 2,022,378 | |||||||||
Change in net assets | (13,472,435 | ) | (14,324,226 | ) | (3,678,494 | ) | 5,791,792 | |||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 63,212,221 | 77,536,447 | 11,532,241 | 5,740,449 | ||||||||||||
End of period | $ | 49,739,786 | $ | 63,212,221 | $ | 7,853,747 | $ | 11,532,241 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 241,631,533 | $ | 304,201,402 | $ | 10,905,604 | $ | 30,684,530 | ||||||||
Distributions reinvested | 4,061,168 | 3,627,957 | 66,334 | — | ||||||||||||
Value of shares redeemed | (254,824,264 | ) | (336,644,807 | ) | (12,846,912 | ) | (28,621,407 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 65,292,341 | 46,151,147 | 546,214 | 1,727,101 | ||||||||||||
Distributions reinvested | 640,163 | 317,410 | 2,126 | — | ||||||||||||
Value of shares redeemed | (66,446,362 | ) | (45,890,298 | ) | (517,172 | ) | (1,767,846 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (9,645,421 | ) | $ | (28,237,189 | ) | $ | (1,843,806 | ) | $ | 2,022,378 | |||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 3,999,889 | 5,535,407 | 63,633 | 220,261 | ||||||||||||
Reinvested | 69,694 | 69,343 | 433 | — | ||||||||||||
Redeemed | (4,221,317 | ) | (6,175,466 | ) | (76,534 | ) | (208,067 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 1,373,528 | 1,003,586 | 3,896 | 15,664 | ||||||||||||
Reinvested | 13,954 | 7,527 | 17 | — | ||||||||||||
Redeemed | (1,397,367 | ) | (1,000,346 | ) | (3,713 | ) | (15,986 | ) | ||||||||
Change in shares | (161,619 | ) | (559,949 | ) | (12,268 | ) | 11,872 |
(a) | As described in Note 9, share amounts adjusted for 2:1 share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 217
Consumer Goods UltraSector ProFund | Consumer Services UltraSector ProFund | Europe 30 ProFund | ||||||||||||||||||||
Six Months Ended January 31, (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (25,650 | ) | $ | (39,966 | ) | $ | (287,094 | ) | $ | (738,580 | ) | $ | 19,010 | $ | 37,588 | |||||||
323,334 | 2,633,244 | (4,055,651 | ) | 14,875,705 | 229,527 | 249,350 | ||||||||||||||||
(11,557 | ) | 685,375 | (2,077,763 | ) | 7,640,679 | (240,958 | ) | 559,801 | ||||||||||||||
286,127 | 3,278,653 | (6,420,508 | ) | 21,777,804 | 7,579 | 846,739 | ||||||||||||||||
(450,168 | ) | — | (5,338,495 | ) | (2,913,045 | ) | (31,302 | ) | (102,170 | ) | ||||||||||||
(53,182 | ) | — | (112,301 | ) | (78,570 | ) | (1,712 | ) | (2,404 | ) | ||||||||||||
(503,350 | ) | — | (5,450,796 | ) | (2,991,615 | ) | (33,014 | ) | (104,574 | ) | ||||||||||||
5,220,746 | (5,940,619 | ) | (17,693,836 | ) | 12,672,462 | (463,162 | ) | (1,805,363 | ) | |||||||||||||
5,003,523 | (2,661,966 | ) | (29,565,140 | ) | 31,458,651 | (488,597 | ) | (1,063,198 | ) | |||||||||||||
5,391,080 | 8,053,046 | 77,880,794 | 46,422,143 | 3,401,961 | 4,465,159 | |||||||||||||||||
$ | 10,394,603 | $ | 5,391,080 | $ | 48,315,654 | $ | 77,880,794 | $ | 2,913,364 | $ | 3,401,961 | |||||||||||
$ | 18,563,446 | $ | 34,777,270 | $ | 25,523,668 | $ | 146,724,624 | $ | 9,663,953 | $ | 22,992,718 | |||||||||||
448,589 | — | 5,261,672 | 2,898,482 | 28,658 | 101,979 | |||||||||||||||||
(14,161,023 | ) | (40,487,956 | ) | (48,044,479 | ) | (136,473,754 | ) | (10,148,032 | ) | (24,876,373 | ) | |||||||||||
1,267,827 | 1,607,150 | 85,096 | 1,575,841 | 650,183 | 913,765 | |||||||||||||||||
53,182 | — | 112,301 | 78,414 | 1,712 | 2,404 | |||||||||||||||||
(951,275 | ) | (1,837,083 | ) | (632,094 | ) | (2,131,145 | ) | (659,636 | ) | (939,856 | ) | |||||||||||
$ | 5,220,746 | $ | (5,940,619 | ) | $ | (17,693,836 | ) | $ | 12,672,462 | $ | (463,162 | ) | $ | (1,805,363 | ) | |||||||
185,438 | 443,836 | (a) | 344,976 | 2,376,488 | 673,158 | 1,869,763 | ||||||||||||||||
4,541 | — | 77,298 | 45,566 | 2,086 | 8,761 | |||||||||||||||||
(142,850 | ) | (518,166 | )(a) | (675,188 | ) | (2,202,674 | ) | (715,309 | ) | (2,044,946 | ) | |||||||||||
13,866 | 23,213 | (a) | 1,364 | 30,126 | 42,118 | 67,846 | ||||||||||||||||
611 | — | 2,014 | 1,465 | 114 | 188 | |||||||||||||||||
(10,933 | ) | (26,403 | )(a) | (10,602 | ) | (40,084 | ) | (42,426 | ) | (67,506 | ) | |||||||||||
50,673 | (77,520 | ) | (260,138 | ) | 210,887 | (40,259 | ) | (165,894 | ) |
See accompanying notes to the financial statements.
218 :: Statements of Changes in Net Assets :: For the Periods Indicated
Falling U.S. Dollar ProFund | Financials UltraSector ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (10,711 | ) | $ | (43,958 | ) | $ | (16,975 | ) | $ | (63,122 | ) | ||||
Net realized gains (losses) on investments | (35,285 | ) | 22,757 | 438,621 | 5,481,312 | |||||||||||
Change in net unrealized appreciation/depreciation on investments | (25,630 | ) | (33,499 | ) | (10,344 | ) | 1,733,614 | |||||||||
Change in net assets resulting from operations | (71,626 | ) | (54,700 | ) | 411,302 | 7,151,804 | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | — | — | (822,915 | ) | — | |||||||||||
Service Class | — | — | (56,266 | ) | — | |||||||||||
Change in net assets resulting from distributions | — | — | (879,181 | ) | — | |||||||||||
Change in net assets resulting from capital transactions | (42,323 | ) | 64,936 | (3,124,888 | ) | 340,974 | ||||||||||
Change in net assets | (113,949 | ) | 10,236 | (3,592,767 | ) | 7,492,778 | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 1,242,228 | 1,231,992 | 12,174,878 | 4,682,100 | ||||||||||||
End of period | $ | 1,128,279 | $ | 1,242,228 | $ | 8,582,111 | $ | 12,174,878 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 2,413,934 | $ | 11,381,120 | $ | 58,722,985 | $ | 122,690,571 | ||||||||
Distributions reinvested | — | — | 802,425 | — | ||||||||||||
Value of shares redeemed | (2,456,330 | ) | (11,312,004 | ) | (62,711,239 | ) | (122,326,144 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 1,509 | 4,059,152 | 1,751,045 | 1,806,419 | ||||||||||||
Distributions reinvested | — | — | 56,265 | — | ||||||||||||
Value of shares redeemed | (1,436 | ) | (4,063,332 | ) | (1,746,369 | ) | (1,829,872 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (42,323 | ) | $ | 64,936 | $ | (3,124,888 | ) | $ | 340,974 | ||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 153,111 | 687,121 | 1,699,603 | 4,796,582 | ||||||||||||
Reinvested | — | — | 24,554 | — | ||||||||||||
Redeemed | (155,900 | ) | (685,648 | ) | (1,831,825 | ) | (4,669,063 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 103 | 268,443 | 61,326 | 72,693 | ||||||||||||
Reinvested | — | — | 2,082 | — | ||||||||||||
Redeemed | (99 | ) | (268,439 | ) | (61,396 | ) | (75,520 | ) | ||||||||
Change in shares | (2,785 | ) | 1,477 | (105,656 | ) | 124,692 |
(a) | As described in Note 9, share amounts have been adjusted for 2:1 share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 219
Health Care UltraSector ProFund | Industrials UltraSector ProFund | Internet UltraSector ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (81,599 | ) | $ | (133,824 | ) | $ | (67,071 | ) | $ | (118,401 | ) | $ | (1,438,600 | ) | $ | (3,029,477 | ) | |||||
(2,367,721 | ) | 4,709,549 | (232,068 | ) | 3,836,092 | (23,788,053 | ) | 69,765,385 | ||||||||||||||
(341,589 | ) | 1,920,994 | (873,070 | ) | 1,992,842 | (33,895,271 | ) | 10,313,693 | ||||||||||||||
(2,790,909 | ) | 6,496,719 | (1,172,209 | ) | 5,710,533 | (59,121,924 | ) | 77,049,601 | ||||||||||||||
— | — | (417,972 | ) | — | (28,829,556 | ) | (37,381,436 | ) | ||||||||||||||
— | — | (21,331 | ) | — | (1,913,919 | ) | (2,479,730 | ) | ||||||||||||||
— | — | (439,303 | ) | — | (30,743,475 | ) | (39,861,166 | ) | ||||||||||||||
(19,310,047 | ) | (11,713,738 | ) | (12,505,714 | ) | 9,796,775 | 2,491,236 | (14,417,308 | ) | |||||||||||||
(22,100,956 | ) | (5,217,019 | ) | (14,117,226 | ) | 15,507,308 | (87,374,163 | ) | 22,771,127 | |||||||||||||
41,966,467 | 47,183,486 | 19,766,077 | 4,258,769 | 238,905,665 | 216,134,538 | |||||||||||||||||
$ | 19,865,511 | $ | 41,966,467 | $ | 5,648,851 | $ | 19,766,077 | $ | 151,531,502 | $ | 238,905,665 | |||||||||||
$ | 47,285,077 | $ | 76,399,030 | $ | 24,095,490 | $ | 92,399,594 | $ | 24,548,202 | $ | 104,071,703 | |||||||||||
— | — | 416,218 | — | 27,942,720 | 36,225,101 | |||||||||||||||||
(66,649,203 | ) | (87,769,493 | ) | (37,014,080 | ) | (82,571,592 | ) | (47,563,248 | ) | (157,879,360 | ) | |||||||||||
947,957 | 810,998 | 718,747 | 2,865,454 | 1,105,532 | 7,743,927 | |||||||||||||||||
— | — | 21,331 | — | 1,913,919 | 2,479,730 | |||||||||||||||||
(893,878 | ) | (1,154,273 | ) | (743,420 | ) | (2,896,681 | ) | (5,455,889 | ) | (7,058,409 | ) | |||||||||||
$ | (19,310,047 | ) | $ | (11,713,738 | ) | $ | (12,505,714 | ) | $ | 9,796,775 | $ | 2,491,236 | $ | (14,417,308 | ) | |||||||
433,914 | 855,457 | 399,059 | 1,812,264 | 327,990 | 1,438,627 | (a) | ||||||||||||||||
— | — | 7,223 | — | 458,905 | 523,938 | |||||||||||||||||
(633,240 | ) | (1,080,144 | ) | (624,086 | ) | (1,605,598 | ) | (699,272 | ) | (2,261,094 | )(a) | |||||||||||
10,989 | 11,846 | 14,036 | 66,083 | 24,929 | 140,132 | (a) | ||||||||||||||||
— | — | 437 | — | 47,896 | 50,207 | |||||||||||||||||
(10,363 | ) | (16,776 | ) | (14,812 | ) | (65,504 | ) | (103,710 | ) | (135,100 | )(a) | |||||||||||
(198,700 | ) | (229,617 | ) | (218,143 | ) | 207,245 | 56,738 | (243,290 | ) |
See accompanying notes to the financial statements.
220 :: Statements of Changes in Net Assets :: For the Periods Indicated
Large-Cap Growth ProFund | Large-Cap Value ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (127,554 | ) | $ | (241,301 | ) | $ | (6,991 | ) | $ | 42,640 | |||||
Net realized gains (losses) on investments | 1,236,282 | 14,950,282 | (142,042 | ) | 444,719 | |||||||||||
Change in net unrealized appreciation/depreciation on investments | (1,234,888 | ) | (7,007,476 | ) | (533,163 | ) | 1,074,718 | |||||||||
Change in net assets resulting from operations | (126,160 | ) | 7,701,505 | (682,196 | ) | 1,562,077 | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | (278,284 | ) | (1,318,577 | ) | (54,514 | ) | — | |||||||||
Service Class | (28,411 | ) | (82,914 | ) | — | — | ||||||||||
Change in net assets resulting from distributions | (306,695 | ) | (1,401,491 | ) | (54,514 | ) | — | |||||||||
Change in net assets resulting from capital transactions | (15,235,970 | ) | (24,583,262 | ) | 22,763,344 | (1,497,561 | ) | |||||||||
Change in net assets | (15,668,825 | ) | (18,283,248 | ) | 22,026,634 | 64,516 | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 32,875,769 | 51,159,017 | 6,189,358 | 6,124,842 | ||||||||||||
End of period | $ | 17,206,944 | $ | 32,875,769 | $ | 28,215,992 | $ | 6,189,358 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 129,169,082 | $ | 128,843,291 | $ | 83,074,359 | $ | 71,075,799 | ||||||||
Distributions reinvested | 277,750 | 1,312,076 | 53,624 | — | ||||||||||||
Value of shares redeemed | (145,029,590 | ) | (154,858,369 | ) | (60,259,323 | ) | (72,513,348 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 929,452 | 2,025,910 | 499,708 | 2,531,629 | ||||||||||||
Distributions reinvested | 28,411 | 82,913 | — | — | ||||||||||||
Value of shares redeemed | (611,075 | ) | (1,989,083 | ) | (605,024 | ) | (2,591,641 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (15,235,970 | ) | $ | (24,583,262 | ) | $ | 22,763,344 | $ | (1,497,561 | ) | |||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 834,510 | 1,013,486 | 933,877 | 920,150 | ||||||||||||
Reinvested | 1,741 | 10,730 | 605 | — | ||||||||||||
Redeemed | (945,852 | ) | (1,257,323 | ) | (682,438 | ) | (943,098 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 7,722 | 20,130 | 6,689 | 37,174 | ||||||||||||
Reinvested | 222 | 833 | — | — | ||||||||||||
Redeemed | (5,219 | ) | (19,559 | ) | (8,097 | ) | (37,445 | ) | ||||||||
Change in shares | (106,876 | ) | (231,703 | ) | 250,636 | (23,219 | ) |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 221
Mid-Cap Growth ProFund | Mid-Cap ProFund | Mid-Cap Value ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (31,785 | ) | $ | (157,035 | ) | $ | (35,443 | ) | $ | (94,017 | ) | $ | 3,053 | $ | 2,397 | |||||||
835,855 | 9,710,631 | 89,204 | 2,291,576 | 1,055,099 | 1,354,027 | |||||||||||||||||
(1,074,042 | ) | (1,694,970 | ) | (357,909 | ) | 744,330 | (844,714 | ) | 1,227,070 | |||||||||||||
(269,972 | ) | 7,858,626 | (304,148 | ) | 2,941,889 | 213,438 | 2,583,494 | |||||||||||||||
(754,907 | ) | (900,289 | ) | (195,168 | ) | (11,749 | ) | (42,506 | ) | (10,633 | ) | |||||||||||
(195,807 | ) | (23,485 | ) | (22,254 | ) | (2,036 | ) | (7,667 | ) | — | ||||||||||||
(950,714 | ) | (923,774 | ) | (217,422 | ) | (13,785 | ) | (50,173 | ) | (10,633 | ) | |||||||||||
24,018 | (41,428,888 | ) | 386,446 | (676,065 | ) | (1,655,091 | ) | (1,674,193 | ) | |||||||||||||
(1,196,668 | ) | (34,494,036 | ) | (135,124 | ) | 2,252,039 | (1,491,826 | ) | 898,668 | |||||||||||||
4,501,232 | 38,995,268 | 7,014,635 | 4,762,596 | 5,504,898 | 4,606,230 | |||||||||||||||||
$ | 3,304,564 | $ | 4,501,232 | $ | 6,879,511 | $ | 7,014,635 | $ | 4,013,072 | $ | 5,504,898 | |||||||||||
$ | 4,086,222 | $ | 48,789,648 | $ | 15,103,616 | $ | 28,832,033 | $ | 11,299,354 | $ | 52,039,590 | |||||||||||
734,376 | 897,373 | 120,731 | 11,464 | 42,417 | 10,512 | |||||||||||||||||
(4,936,637 | ) | (90,908,578 | ) | (14,847,298 | ) | (29,590,660 | ) | (13,019,435 | ) | (53,728,467 | ) | |||||||||||
51,450 | 780,534 | 33,447 | 9,993,910 | 486,373 | 1,058,114 | |||||||||||||||||
195,807 | 23,485 | 22,254 | 2,036 | 7,667 | — | |||||||||||||||||
(107,200 | ) | (1,011,350 | ) | (46,304 | ) | (9,924,848 | ) | (471,467 | ) | (1,053,942 | ) | |||||||||||
$ | 24,018 | $ | (41,428,888 | ) | $ | 386,446 | $ | (676,065 | ) | $ | (1,655,091 | ) | $ | (1,674,193 | ) | |||||||
32,347 | 460,702 | 130,714 | 285,432 | 114,820 | 644,678 | |||||||||||||||||
7,133 | 7,893 | 1,072 | 139 | 433 | 133 | |||||||||||||||||
(40,603 | ) | (833,624 | ) | (129,761 | ) | (284,137 | ) | (131,153 | ) | (661,236 | ) | |||||||||||
549 | 7,750 | 370 | 111,496 | 6,147 | 13,861 | |||||||||||||||||
2,512 | 253 | 248 | 31 | 98 | — | |||||||||||||||||
(1,210 | ) | (10,249 | ) | (506 | ) | (111,221 | ) | (5,972 | ) | (13,685 | ) | |||||||||||
728 | (367,275 | ) | 2,137 | 1,740 | (15,627 | ) | (16,249 | ) |
See accompanying notes to the financial statements.
222 :: Statements of Changes in Net Assets :: For the Periods Indicated
Nasdaq-100 ProFund | Oil & Gas UltraSector ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (857,655 | ) | $ | (1,440,710 | ) | $ | 252,866 | $ | 283,287 | ||||||
Net realized gains (losses) on investments | (96,250 | ) | 49,548,419 | 4,668,276 | 1,997,497 | |||||||||||
Change in net unrealized appreciation/depreciation on investments | 1,328,194 | (1,140,246 | ) | 6,997,293 | 5,231,581 | |||||||||||
Change in net assets resulting from operations | 374,289 | 46,967,463 | 11,918,435 | 7,512,365 | ||||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | (3,999,177 | ) | (1,699,607 | ) | (414,015 | ) | (215,825 | ) | ||||||||
Service Class | (342,037 | ) | (140,663 | ) | (13,283 | ) | (11,849 | ) | ||||||||
Change in net assets resulting from distributions | (4,341,214 | ) | (1,840,270 | ) | (427,298 | ) | (227,674 | ) | ||||||||
Change in net assets resulting from capital transactions | (78,809,590 | ) | (1,387,478 | ) | (2,913,793 | ) | 11,693,861 | |||||||||
Change in net assets | (82,776,515 | ) | 43,739,715 | 8,577,344 | 18,978,552 | |||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 160,785,238 | 117,045,523 | 31,148,210 | 12,169,658 | ||||||||||||
End of period | $ | 78,008,723 | $ | 160,785,238 | $ | 39,725,554 | $ | 31,148,210 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 1,198,318,172 | $ | 2,010,517,783 | $ | 74,377,731 | $ | 152,137,320 | ||||||||
Distributions reinvested | 3,780,484 | 1,622,688 | 386,402 | 213,432 | ||||||||||||
Value of shares redeemed | (1,281,182,144 | ) | (2,010,283,479 | ) | (77,180,214 | ) | (141,055,955 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 10,274,691 | 36,545,794 | 3,104,050 | 4,492,764 | ||||||||||||
Distributions reinvested | 342,037 | 140,552 | 13,258 | 11,844 | ||||||||||||
Value of shares redeemed | (10,342,830 | ) | (39,930,816 | ) | (3,615,020 | ) | (4,105,544 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (78,809,590 | ) | $ | (1,387,478 | ) | $ | (2,913,793 | ) | $ | 11,693,861 | |||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 8,399,393 | 16,905,892 | 3,151,616 | 9,020,144 | ||||||||||||
Reinvested | 25,728 | 13,605 | 16,727 | 16,317 | ||||||||||||
Redeemed | (8,999,807 | ) | (16,860,603 | ) | (3,409,673 | ) | (8,462,784 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 89,669 | 370,016 | 165,507 | 318,482 | ||||||||||||
Reinvested | 2,947 | 1,468 | 671 | 1,056 | ||||||||||||
Redeemed | (91,630 | ) | (404,105 | ) | (185,395 | ) | (295,922 | ) | ||||||||
Change in shares | (573,700 | ) | 26,273 | (260,547 | ) | 597,293 |
(a) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 223
Oil Equipment & Services UltraSector ProFund | Pharmaceuticals UltraSector ProFund | Precious Metals UltraSector ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (59,306 | ) | $ | (161,626 | ) | $ | (7,725 | ) | $ | (16,572 | ) | $ | 49,904 | $ | (162,412 | ) | ||||||
(398,154 | ) | (5,734,702 | ) | (100,015 | ) | 1,659,695 | (1,065,565 | ) | (5,264,677 | ) | ||||||||||||
1,277,347 | 3,732,324 | 151,326 | (500,021 | ) | (4,816,574 | ) | (7,855,497 | ) | ||||||||||||||
819,887 | (2,164,004 | ) | 43,586 | 1,143,102 | (5,832,235 | ) | (13,282,586 | ) | ||||||||||||||
— | (17,573 | ) | (170,180 | ) | (15,009 | ) | — | — | ||||||||||||||
— | — | (16,100 | ) | (1,611 | ) | — | — | |||||||||||||||
— | (17,573 | ) | (186,280 | ) | (16,620 | ) | — | — | ||||||||||||||
2,115,660 | 8,271,097 | 615,128 | (882,743 | ) | (7,537,090 | ) | 5,646,771 | |||||||||||||||
2,935,547 | 6,089,520 | 472,434 | 243,739 | (13,369,325 | ) | (7,635,815 | ) | |||||||||||||||
15,850,499 | 9,760,979 | 4,279,370 | 4,035,631 | 37,505,388 | 45,141,203 | |||||||||||||||||
$ | 18,786,046 | $ | 15,850,499 | $ | 4,751,804 | $ | 4,279,370 | $ | 24,136,063 | $ | 37,505,388 | |||||||||||
$ | 51,151,199 | $ | 213,228,688 | $ | 12,238,595 | $ | 10,153,624 | $ | 100,557,135 | $ | 252,174,845 | |||||||||||
— | 17,324 | 170,163 | 15,008 | — | — | |||||||||||||||||
(51,870,402 | ) | (204,879,642 | ) | (12,290,118 | ) | (10,985,357 | ) | (107,802,871 | ) | (247,454,352 | ) | |||||||||||
7,099,889 | 4,404,406 | 1,065,180 | 693,776 | 4,363,905 | 11,017,939 | |||||||||||||||||
— | — | 16,100 | 1,611 | — | — | |||||||||||||||||
(4,265,026 | ) | (4,499,679 | ) | (584,792 | ) | (761,405 | ) | (4,655,259 | ) | (10,091,661 | ) | |||||||||||
$ | 2,115,660 | $ | 8,271,097 | $ | 615,128 | $ | (882,743 | ) | $ | (7,537,090 | ) | $ | 5,646,771 | |||||||||
790,638 | 3,646,596 | (a) | 405,203 | 372,316 | 1,795,547 | 3,550,180 | ||||||||||||||||
— | 349 | 5,625 | 558 | — | — | |||||||||||||||||
(828,278 | ) | (3,657,117 | )(a) | (403,193 | ) | (406,076 | ) | (1,912,295 | ) | (3,489,753 | ) | |||||||||||
113,698 | 89,261 | (a) | 40,858 | 29,385 | 91,000 | 185,237 | ||||||||||||||||
— | — | 632 | 70 | — | — | |||||||||||||||||
(77,622 | ) | (88,700 | )(a) | (22,477 | ) | (32,423 | ) | (98,097 | ) | (173,916 | ) | |||||||||||
(1,564 | ) | (9,611 | ) | 26,648 | (36,170 | ) | (123,845 | ) | 71,748 |
See accompanying notes to the financial statements.
224 :: Statements of Changes in Net Assets :: For the Periods Indicated
Real Estate UltraSector ProFund | Rising Rates Opportunity ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (131,572 | ) | $ | (34,383 | ) | $ | (110,152 | ) | $ | (236,430 | ) | ||||
Net realized gains (losses) on investments | 646,864 | 2,364,581 | 158,733 | 101,722 | ||||||||||||
Change in net unrealized appreciation/depreciation on investments | 60,092 | 1,503,506 | (395,039 | ) | 128,697 | |||||||||||
Change in net assets resulting from operations | 575,384 | 3,833,704 | (346,458 | ) | (6,011 | ) | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | (3,139,295 | ) | — | — | — | |||||||||||
Service Class | (132,185 | ) | — | — | — | |||||||||||
Change in net assets resulting from distributions | (3,271,480 | ) | — | — | — | |||||||||||
Change in net assets resulting from capital transactions | (14,816,052 | ) | 26,674,837 | 2,066,903 | 3,585,749 | |||||||||||
Change in net assets | (17,512,148 | ) | 30,508,541 | 1,720,445 | 3,579,738 | |||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 35,840,678 | 5,332,137 | 9,771,689 | 6,191,951 | ||||||||||||
End of period | $ | 18,328,530 | $ | 35,840,678 | $ | 11,492,134 | $ | 9,771,689 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 184,069,543 | $ | 68,460,665 | $ | 94,068,946 | $ | 134,223,972 | ||||||||
Distributions reinvested | 3,097,248 | — | — | — | ||||||||||||
Value of shares redeemed | (202,131,988 | ) | (42,180,568 | ) | (92,112,086 | ) | (131,094,860 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 2,131,542 | 2,743,120 | 207,375 | 6,590,619 | ||||||||||||
Distributions reinvested | 132,152 | — | — | — | ||||||||||||
Value of shares redeemed | (2,114,549 | ) | (2,348,380 | ) | (97,332 | ) | (6,133,982 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (14,816,052 | ) | $ | 26,674,837 | $ | 2,066,903 | $ | 3,585,749 | |||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 2,917,308 | 1,238,738 | 3,684,372 | 5,135,728 | ||||||||||||
Reinvested | 51,057 | — | — | — | ||||||||||||
Redeemed | (3,211,600 | ) | (803,514 | ) | (3,628,817 | ) | (5,055,063 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 35,924 | 53,496 | 9,526 | 293,780 | ||||||||||||
Reinvested | 2,343 | — | — | — | ||||||||||||
Redeemed | (35,310 | ) | (45,767 | ) | (4,386 | ) | (267,583 | ) | ||||||||
Change in shares | (240,278 | ) | 442,953 | 60,695 | 106,862 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 225
Rising Rates Opportunity 10 ProFund | Rising U.S. Dollar ProFund | Semiconductor UltraSector ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (20,780 | ) | $ | (40,989 | ) | $ | (101,815 | ) | $ | (117,538 | ) | $ | (403,540 | ) | $ | (566,220 | ) | |||||
92,343 | 73,938 | 268 | (356,187 | ) | (2,352,395 | ) | 28,513,176 | |||||||||||||||
(11,944 | ) | 2,798 | 382,498 | 257,620 | 2,175,772 | 21,637,958 | ||||||||||||||||
59,619 | 35,747 | 280,951 | (216,105 | ) | (580,163 | ) | 49,584,914 | |||||||||||||||
— | — | — | — | (5,771,185 | ) | — | ||||||||||||||||
— | — | — | — | (383,586 | ) | — | ||||||||||||||||
— | — | — | — | (6,154,771 | ) | — | ||||||||||||||||
906,953 | 61,539 | 17,170,680 | (793,351 | ) | 24,763,721 | (17,905,379 | ) | |||||||||||||||
966,572 | 97,286 | 17,451,631 | (1,009,456 | ) | 18,028,787 | 31,679,535 | ||||||||||||||||
1,953,050 | 1,855,764 | 6,316,434 | 7,325,890 | 85,221,256 | 53,541,721 | |||||||||||||||||
$ | 2,919,622 | $ | 1,953,050 | $ | 23,768,065 | $ | 6,316,434 | $ | 103,250,043 | $ | 85,221,256 | |||||||||||
$ | 2,953,210 | $ | 5,216,759 | $ | 25,373,138 | $ | 14,185,594 | $ | 143,157,433 | $ | 159,232,200 | |||||||||||
— | — | — | — | 5,744,467 | — | |||||||||||||||||
(2,072,099 | ) | (5,195,276 | ) | (8,189,975 | ) | (14,970,784 | ) | (125,123,639 | ) | (178,183,076 | ) | |||||||||||
231,830 | 116,437 | 917,085 | — | 6,045,237 | 8,845,484 | |||||||||||||||||
— | — | — | — | 379,701 | — | |||||||||||||||||
(205,988 | ) | (76,381 | ) | (929,568 | ) | (8,161 | ) | (5,439,478 | ) | (7,799,987 | ) | |||||||||||
$ | 906,953 | $ | 61,539 | $ | 17,170,680 | $ | (793,351 | ) | $ | 24,763,721 | $ | (17,905,379 | ) | |||||||||
235,668 | 414,124 | 903,049 | 520,033 | 1,010,575 | 1,796,418 | |||||||||||||||||
— | — | — | — | 37,011 | — | |||||||||||||||||
(165,879 | ) | (412,947 | ) | (294,567 | ) | (548,886 | ) | (944,102 | ) | (1,927,664 | ) | |||||||||||
20,083 | 9,910 | 38,210 | — | 60,837 | 119,946 | |||||||||||||||||
— | — | — | — | 3,306 | — | |||||||||||||||||
(17,840 | ) | (6,591 | ) | (38,211 | ) | (339 | ) | (56,943 | ) | (104,696 | ) | |||||||||||
72,032 | 4,496 | 608,481 | (29,192 | ) | 110,684 | (115,996 | ) |
See accompanying notes to the financial statements.
226 :: Statements of Changes in Net Assets :: For the Periods Indicated
Short Nasdaq-100 ProFund | Short Oil & Gas ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (68,973 | ) | $ | (114,479 | ) | $ | (11,869 | ) | $ | (32,652 | ) | ||||
Net realized gains (losses) on investments | 3,208,351 | 3,006,226 | (87,216 | ) | (568,825 | ) | ||||||||||
Change in net unrealized appreciation/depreciation on investments | (3,540,876 | ) | 592,355 | 10,680 | (134,116 | ) | ||||||||||
Change in net assets resulting from operations | (401,498 | ) | 3,484,102 | (88,405 | ) | (735,593 | ) | |||||||||
Change in net assets resulting from capital transactions | 86,725,263 | (4,329,078 | ) | 29,120 | (1,657,382 | ) | ||||||||||
Change in net assets | 86,323,765 | (844,976 | ) | (59,285 | ) | (2,392,975 | ) | |||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 1,874,905 | 2,719,881 | 442,787 | 2,835,762 | ||||||||||||
End of period | $ | 88,198,670 | $ | 1,874,905 | $ | 383,502 | $ | 442,787 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 626,707,601 | $ | 833,805,013 | $ | 22,184,166 | $ | 48,070,943 | ||||||||
Value of shares redeemed | (539,962,044 | ) | (837,987,668 | ) | (22,138,011 | ) | (49,743,506 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 110,310 | 3,638,593 | 517,411 | 903,228 | ||||||||||||
Value of shares redeemed | (130,604 | ) | (3,785,016 | ) | (534,446 | ) | (888,047 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | 86,725,263 | $ | (4,329,078 | ) | $ | 29,120 | $ | (1,657,382 | ) | ||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 46,791,375 | 48,540,893 | 778,863 | 1,133,846 | ||||||||||||
Redeemed | (40,484,744 | ) | (48,532,441 | ) | (775,188 | ) | (1,171,282 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 8,994 | 231,819 | 18,154 | 22,237 | ||||||||||||
Redeemed | (10,294 | ) | (240,186 | ) | (18,756 | ) | (22,026 | ) | ||||||||
Change in shares | 6,305,331 | 85 | 3,073 | (37,225 | ) |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 227
Short Precious Metals ProFund | Short Real Estate ProFund | Short Small-Cap ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (30,664 | ) | $ | (39,426 | ) | $ | (4,746 | ) | $ | (17,896 | ) | $ | (41,591 | ) | $ | (27,237 | ) | |||||
76,954 | 508,774 | (694 | ) | (317,484 | ) | (722,694 | ) | (937,196 | ) | |||||||||||||
220,960 | (33,382 | ) | (6,803 | ) | 58,558 | (64,146 | ) | 6,386 | ||||||||||||||
267,250 | 435,966 | (12,243 | ) | (276,822 | ) | (828,431 | ) | (958,047 | ) | |||||||||||||
1,520,126 | 92,950 | 229,293 | (933,675 | ) | 904,991 | 235,709 | ||||||||||||||||
1,787,376 | 528,916 | 217,050 | (1,210,497 | ) | 76,560 | (722,338 | ) | |||||||||||||||
2,158,391 | 1,629,475 | 529,479 | 1,739,976 | 1,112,473 | 1,834,811 | |||||||||||||||||
$ | 3,945,767 | $ | 2,158,391 | $ | 746,529 | $ | 529,479 | $ | 1,189,033 | $ | 1,112,473 | |||||||||||
$ | 59,659,929 | $ | 76,406,693 | $ | 4,053,731 | $ | 12,975,678 | $ | 135,482,070 | $ | 70,896,851 | |||||||||||
(58,139,855 | ) | (76,256,193 | ) | (3,824,441 | ) | (13,909,828 | ) | (134,596,586 | ) | (70,665,699 | ) | |||||||||||
173,184 | 204,810 | 5 | 9,000 | 19,881 | 6,638 | |||||||||||||||||
(173,132 | ) | (262,360 | ) | (2 | ) | (8,525 | ) | (374 | ) | (2,081 | ) | |||||||||||
$ | 1,520,126 | $ | 92,950 | $ | 229,293 | $ | (933,675 | ) | $ | 904,991 | $ | 235,709 | ||||||||||
3,749,083 | 4,972,462 | 502,661 | 1,262,562 | 19,713,285 | 8,820,499 | |||||||||||||||||
(3,644,991 | ) | (4,935,534 | ) | (473,008 | ) | (1,349,870 | ) | (19,713,112 | ) | (8,821,413 | ) | |||||||||||
11,132 | 14,100 | 1 | 948 | 2,967 | 847 | |||||||||||||||||
(11,146 | ) | (17,670 | ) | (1 | ) | (887 | ) | — | (213 | ) | ||||||||||||
104,078 | 33,358 | 29,653 | (87,247 | ) | 3,140 | (280 | ) |
See accompanying notes to the financial statements.
228 :: Statements of Changes in Net Assets :: For the Periods Indicated
Small-Cap Growth ProFund | Small-Cap ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (31,253 | ) | $ | (126,024 | ) | $ | (44,712 | ) | $ | (107,241 | ) | ||||
Net realized gains (losses) on investments | 1,776,590 | 4,759,076 | (126,711 | ) | 1,722,380 | |||||||||||
Change in net unrealized appreciation/depreciation on investments | (2,167,558 | ) | 1,498,090 | (149,583 | ) | 744,635 | ||||||||||
Change in net assets resulting from operations | (422,221 | ) | 6,131,142 | (321,006 | ) | 2,359,774 | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | (474,548 | ) | — | — | — | |||||||||||
Service Class | (82,692 | ) | — | — | — | |||||||||||
Change in net assets resulting from distributions | (557,240 | ) | — | — | — | |||||||||||
Change in net assets resulting from capital transactions | (3,305,216 | ) | (4,885,876 | ) | (3,224,254 | ) | 4,281,848 | |||||||||
Change in net assets | (4,284,677 | ) | 1,245,266 | (3,545,260 | ) | 6,641,622 | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 9,895,094 | 8,649,828 | 9,908,230 | 3,266,608 | ||||||||||||
End of period | $ | 5,610,417 | $ | 9,895,094 | $ | 6,362,970 | $ | 9,908,230 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 3,809,467 | $ | 94,976,082 | $ | 129,962,478 | $ | 245,174,451 | ||||||||
Distributions reinvested | 471,116 | — | — | — | ||||||||||||
Value of shares redeemed | (7,641,051 | ) | (99,601,033 | ) | (132,936,241 | ) | (241,223,974 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 40,417 | 1,118,246 | 116,481 | 888,507 | ||||||||||||
Distributions reinvested | 82,692 | — | — | — | ||||||||||||
Value of shares redeemed | (67,857 | ) | (1,379,171 | ) | (366,972 | ) | (557,136 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (3,305,216 | ) | $ | (4,885,876 | ) | $ | (3,224,254 | ) | $ | 4,281,848 | |||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 29,834 | 860,093 | 1,118,661 | 2,291,800 | ||||||||||||
Reinvested | 4,002 | — | — | — | ||||||||||||
Redeemed | (60,998 | ) | (879,712 | ) | (1,141,140 | ) | (2,251,374 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 411 | 11,578 | 1,186 | 9,653 | ||||||||||||
Reinvested | 902 | — | — | — | ||||||||||||
Redeemed | (719 | ) | (14,579 | ) | (3,830 | ) | (6,330 | ) | ||||||||
Change in shares | (26,568 | ) | (22,620 | ) | (25,123 | ) | 43,749 |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 229
Small-Cap Value ProFund | Technology UltraSector ProFund | Telecommunications UltraSector ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | 22,678 | $ | 7,179 | $ | (532,766 | ) | $ | (770,517 | ) | $ | 3,565 | $ | 4,120 | |||||||||
1,907,182 | 1,345,729 | (4,318,027 | ) | 25,012,316 | (2,554 | ) | 155,289 | |||||||||||||||
(2,039,353 | ) | 3,517,472 | 4,735,248 | 10,097,838 | (60,943 | ) | 91,673 | |||||||||||||||
(109,493 | ) | 4,870,380 | (115,545 | ) | 34,339,637 | (59,932 | ) | 251,082 | ||||||||||||||
(23,714 | ) | — | (6,765,945 | ) | (1,520,272 | ) | (6,192 | ) | (4,660 | ) | ||||||||||||
— | — | (517,237 | ) | (114,991 | ) | — | — | |||||||||||||||
(23,714 | ) | — | (7,283,182 | ) | (1,635,263 | ) | (6,192 | ) | (4,660 | ) | ||||||||||||
(3,139,172 | ) | 6,123,236 | (9,888,779 | ) | (20,712,222 | ) | (18,869 | ) | 22,353 | |||||||||||||
(3,272,379 | ) | 10,993,616 | (17,287,506 | ) | 11,992,152 | (84,993 | ) | 268,775 | ||||||||||||||
15,545,622 | 4,552,006 | 101,837,776 | 89,845,624 | 1,174,414 | 905,639 | |||||||||||||||||
$ | 12,273,243 | $ | 15,545,622 | $ | 84,550,270 | $ | 101,837,776 | $ | 1,089,421 | $ | 1,174,414 | |||||||||||
$ | 21,943,867 | $ | 91,814,324 | $ | 77,579,266 | $ | 160,181,638 | $ | 4,460,944 | $ | 7,118,776 | |||||||||||
23,629 | — | 6,663,004 | 1,482,315 | 5,017 | 4,608 | |||||||||||||||||
(25,086,154 | ) | (85,716,345 | ) | (94,306,995 | ) | (183,851,579 | ) | (4,553,648 | ) | (7,101,480 | ) | |||||||||||
560,654 | 3,579,209 | 47,866,496 | 22,132,908 | 470,289 | 293,551 | |||||||||||||||||
— | — | 517,237 | 114,991 | — | — | |||||||||||||||||
(581,168 | ) | (3,553,952 | ) | (48,207,787 | ) | (20,772,495 | ) | (401,471 | ) | (293,102 | ) | |||||||||||
$ | (3,139,172 | ) | $ | 6,123,236 | $ | (9,888,779 | ) | $ | (20,712,222 | ) | $ | (18,869 | ) | $ | 22,353 | |||||||
201,345 | 951,025 | 586,149 | 1,707,134 | 173,441 | 317,837 | |||||||||||||||||
216 | — | 48,297 | 15,929 | 183 | 219 | |||||||||||||||||
(231,720 | ) | (875,850 | ) | (736,974 | ) | (2,111,447 | ) | (178,145 | ) | (317,904 | ) | |||||||||||
6,438 | 44,632 | 463,882 | 274,849 | 19,311 | 12,720 | |||||||||||||||||
— | — | 4,683 | 1,505 | — | — | |||||||||||||||||
(6,663 | ) | (41,616 | ) | (476,075 | ) | (258,693 | ) | (16,653 | ) | (12,725 | ) | |||||||||||
(30,384 | ) | 78,191 | (110,038 | ) | (370,723 | ) | (1,863 | ) | 147 |
See accompanying notes to the financial statements.
230 :: Statements of Changes in Net Assets :: For the Periods Indicated
UltraBear ProFund | UltraBull ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (68,063 | ) | $ | (147,330 | ) | $ | (285,904 | ) | $ | (585,775 | ) | ||||
Net realized gains (losses) on investments | 440,863 | (6,556,416 | ) | (2,475,241 | ) | 41,024,460 | ||||||||||
Change in net unrealized appreciation/depreciation on investments | (779,436 | ) | 186,989 | 8,731,424 | 18,826,358 | |||||||||||
Change in net assets resulting from operations | (406,636 | ) | (6,516,757 | ) | 5,970,279 | 59,265,043 | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | — | (37,071 | ) | (7,409,540 | ) | (13,488,142 | ) | |||||||||
Service Class | — | — | (216,056 | ) | (249,797 | ) | ||||||||||
Change in net assets resulting from distributions | — | (37,071 | ) | (7,625,596 | ) | (13,737,939 | ) | |||||||||
Change in net assets resulting from capital transactions | 4,122,736 | 2,053,106 | 221,927 | (16,346,043 | ) | |||||||||||
Change in net assets | 3,716,100 | (4,500,722 | ) | (1,433,390 | ) | 29,181,061 | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 5,451,867 | 9,952,589 | 130,864,122 | 101,683,061 | ||||||||||||
End of period | $ | 9,167,967 | $ | 5,451,867 | $ | 129,430,732 | $ | 130,864,122 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 80,510,757 | $ | 183,530,963 | $ | 361,186,630 | $ | 780,900,902 | ||||||||
Distributions reinvested | — | 35,894 | 7,312,208 | 13,341,141 | ||||||||||||
Value of shares redeemed | (76,404,971 | ) | (181,492,567 | ) | (368,222,749 | ) | (810,534,382 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 507,834 | 797,199 | 22,459,264 | 13,591,204 | ||||||||||||
Distributions reinvested | — | — | 216,056 | 249,797 | ||||||||||||
Value of shares redeemed | (490,884 | ) | (818,383 | ) | (22,729,482 | ) | (13,894,705 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | 4,122,736 | $ | 2,053,106 | $ | 221,927 | $ | (16,346,043 | ) | |||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 4,072,163 | 6,410,429 | (a) | 3,137,816 | 8,603,573 | |||||||||||
Reinvested | — | 1,140 | 70,235 | 165,070 | ||||||||||||
Redeemed | (3,851,287 | ) | (6,384,436 | )(a) | (3,198,231 | ) | (9,021,417 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 26,663 | 30,894 | (a) | 252,583 | 181,682 | |||||||||||
Reinvested | — | — | 2,650 | 3,871 | ||||||||||||
Redeemed | (26,689 | ) | (32,023 | )(a) | (255,425 | ) | (185,084 | ) | ||||||||
Change in shares | 220,850 | 26,004 | 9,628 | (252,305 | ) |
(a) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 231
UltraChina ProFund | UltraDow 30 ProFund | UltraEmerging Markets ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (108,844 | ) | $ | (238,254 | ) | $ | (63,905 | ) | $ | (158,869 | ) | $ | 38,830 | $ | (104,185 | ) | ||||||
(12,422,608 | ) | (11,259,517 | ) | (1,161,082 | ) | 13,515,086 | (1,009,224 | ) | 3,118,485 | |||||||||||||
323,409 | (41,839 | ) | 1,371,180 | 3,815,475 | (1,141,292 | ) | 1,523,572 | |||||||||||||||
(12,208,043 | ) | (11,539,610 | ) | 146,193 | 17,171,692 | (2,111,686 | ) | 4,537,872 | ||||||||||||||
— | — | (2,463,674 | ) | (610,071 | ) | — | — | |||||||||||||||
— | — | (79,950 | ) | (26,223 | ) | — | — | |||||||||||||||
— | — | (2,543,624 | ) | (636,294 | ) | — | — | |||||||||||||||
14,026,938 | 11,962,459 | 56,577 | (2,894,894 | ) | 3,883,451 | (8,744,550 | ) | |||||||||||||||
1,818,895 | 422,849 | (2,340,854 | ) | 13,640,504 | 1,771,765 | (4,206,678 | ) | |||||||||||||||
18,049,304 | 17,626,455 | 40,412,695 | 26,772,191 | 9,321,782 | 13,528,460 | |||||||||||||||||
$ | 19,868,199 | $ | 18,049,304 | $ | 38,071,841 | $ | 40,412,695 | $ | 11,093,547 | $ | 9,321,782 | |||||||||||
$ | 105,616,954 | $ | 176,467,233 | $ | 50,165,250 | $ | 119,605,718 | $ | 23,007,311 | $ | 87,581,394 | |||||||||||
— | — | 2,443,673 | 598,752 | — | — | |||||||||||||||||
(91,787,541 | ) | (162,647,148 | ) | (52,316,997 | ) | (123,129,400 | ) | (18,991,692 | ) | (96,255,600 | ) | |||||||||||
3,647,669 | 8,950,334 | 1,780,015 | 1,698,870 | 2,449,767 | 8,619,737 | |||||||||||||||||
— | — | 76,910 | 25,794 | — | — | |||||||||||||||||
(3,450,144 | ) | (10,807,960 | ) | (2,092,274 | ) | (1,694,628 | ) | (2,581,935 | ) | (8,690,081 | ) | |||||||||||
$ | 14,026,938 | $ | 11,962,459 | $ | 56,577 | $ | (2,894,894 | ) | $ | 3,883,451 | $ | (8,744,550 | ) | |||||||||
12,081,107 | 8,162,546 | 742,240 | 2,242,739 | 338,565 | 989,742 | |||||||||||||||||
— | — | 36,681 | 11,920 | — | — | |||||||||||||||||
(10,541,954 | ) | (7,534,296 | ) | (778,954 | ) | (2,332,914 | ) | (276,954 | ) | (1,088,821 | ) | |||||||||||
430,760 | 450,094 | 30,722 | 36,918 | 37,592 | 106,783 | |||||||||||||||||
— | — | 1,365 | 595 | — | — | |||||||||||||||||
(396,567 | ) | (582,082 | ) | (36,642 | ) | (35,524 | ) | (39,530 | ) | (108,196 | ) | |||||||||||
1,573,346 | 496,262 | (4,588 | ) | (76,266 | ) | 59,673 | (100,492 | ) |
See accompanying notes to the financial statements.
232 :: Statements of Changes in Net Assets :: For the Periods Indicated
UltraInternational ProFund | UltraJapan ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (26,933 | ) | $ | (67,090 | ) | $ | (138,948 | ) | $ | (285,087 | ) | ||||
Net realized gains (losses) on investments | (310,696 | ) | 1,652,457 | (1,354,206 | ) | 6,354,446 | ||||||||||
Change in net unrealized appreciation/depreciation on investments | 51,236 | 278,041 | 1,258,886 | (546,935 | ) | |||||||||||
Change in net assets resulting from operations | (286,393 | ) | 1,863,408 | (234,268 | ) | 5,522,424 | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | — | — | (1,957,534 | ) | — | |||||||||||
Service Class | — | — | (23,373 | ) | — | |||||||||||
Change in net assets resulting from distributions | — | — | (1,980,907 | ) | — | |||||||||||
Change in net assets resulting from capital transactions | (418,272 | ) | (2,859,836 | ) | 442,867 | (1,444,184 | ) | |||||||||
Change in net assets | (704,665 | ) | (996,428 | ) | (1,772,308 | ) | 4,078,240 | |||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 3,151,548 | 4,147,976 | 14,743,170 | 10,664,930 | ||||||||||||
End of period | $ | 2,446,883 | $ | 3,151,548 | $ | 12,970,862 | $ | 14,743,170 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 9,732,631 | $ | 42,509,181 | $ | 16,302,479 | $ | 33,563,243 | ||||||||
Distributions reinvested | — | — | 1,931,206 | — | ||||||||||||
Value of shares redeemed | (10,144,354 | ) | (45,293,025 | ) | (17,778,538 | ) | (34,991,209 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 919,065 | 1,785,704 | 992,799 | 1,548,374 | ||||||||||||
Distributions reinvested | — | — | 23,373 | — | ||||||||||||
Value of shares redeemed | (925,614 | ) | (1,861,696 | ) | (1,028,452 | ) | (1,564,592 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (418,272 | ) | $ | (2,859,836 | ) | $ | 442,867 | $ | (1,444,184 | ) | |||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 456,785 | 2,396,960 | 518,623 | 1,048,723 | ||||||||||||
Reinvested | — | — | 58,504 | — | ||||||||||||
Redeemed | (479,474 | ) | (2,561,061 | ) | (565,731 | ) | (1,096,149 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 48,265 | 109,259 | 34,905 | 55,054 | ||||||||||||
Reinvested | — | — | 871 | — | ||||||||||||
Redeemed | (49,087 | ) | (112,527 | ) | (35,643 | ) | (55,878 | ) | ||||||||
Change in shares | (23,511 | ) | (167,369 | ) | 11,529 | (48,250 | ) |
(a) | As described in Note 9, share amounts have been adjusted for 2:1 share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 233
UltraLatin America ProFund | UltraMid-Cap ProFund | UltraNasdaq-100 ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | 509,320 | $ | 202,567 | $ | (108,046 | ) | $ | (324,008 | ) | $ | (5,513,553 | ) | $ | (9,218,621 | ) | |||||||
(1,023,772 | ) | 5,200,289 | (1,742,500 | ) | 21,553,550 | (80,371,073 | ) | 385,879,527 | ||||||||||||||
(1,352,251 | ) | 3,518,368 | (1,183,416 | ) | 9,103,349 | 60,625,970 | 128,157,884 | |||||||||||||||
(1,866,703 | ) | 8,921,224 | (3,033,962 | ) | 30,332,891 | (25,258,656 | ) | 504,818,790 | ||||||||||||||
(700,829 | ) | (103,295 | ) | (2,662,144 | ) | — | (160,235,818 | ) | (80,801,575 | ) | ||||||||||||
(3,119 | ) | (299 | ) | (67,066 | ) | — | (4,885,875 | ) | (2,373,487 | ) | ||||||||||||
(703,948 | ) | (103,594 | ) | (2,729,210 | ) | — | (165,121,693 | ) | (83,175,062 | ) | ||||||||||||
590,459 | (8,553,674 | ) | (7,367,915 | ) | 1,528,795 | (57,833,256 | ) | 55,383,868 | ||||||||||||||
(1,980,192 | ) | 263,956 | (13,131,087 | ) | 31,861,686 | (248,213,605 | ) | 477,027,596 | ||||||||||||||
16,086,642 | 15,822,686 | 62,881,150 | 31,019,464 | 1,120,270,485 | 643,242,889 | |||||||||||||||||
$ | 14,106,450 | $ | 16,086,642 | $ | 49,750,063 | $ | 62,881,150 | $ | 872,056,880 | $ | 1,120,270,485 | |||||||||||
$ | 31,161,754 | $ | 108,526,192 | $ | 61,031,915 | $ | 195,416,035 | $ | 3,039,894,133 | $ | 5,161,209,021 | |||||||||||
695,284 | 103,129 | 2,617,245 | — | 155,791,807 | 77,131,534 | |||||||||||||||||
(31,209,077 | ) | (117,130,692 | ) | (70,962,302 | ) | (193,740,125 | ) | (3,257,594,528 | ) | (5,182,921,512 | ) | |||||||||||
999,934 | 3,529,666 | 2,271,916 | 7,602,041 | 25,011,728 | 26,771,308 | |||||||||||||||||
3,119 | 299 | 67,066 | — | 4,754,067 | 2,359,556 | |||||||||||||||||
(1,060,555 | ) | (3,582,268 | ) | (2,393,755 | ) | (7,749,156 | ) | (25,690,463 | ) | (29,166,039 | ) | |||||||||||
$ | 590,459 | $ | (8,553,674 | ) | $ | (7,367,915 | ) | $ | 1,528,795 | $ | (57,833,256 | ) | $ | 55,383,868 | ||||||||
2,030,407 | 7,675,974 | 898,182 | 3,588,244 | 31,375,552 | 67,509,246 | (a) | ||||||||||||||||
50,056 | 6,172 | 39,529 | — | 1,657,378 | 1,039,926 | |||||||||||||||||
(2,037,276 | ) | (8,328,761 | ) | (1,044,240 | ) | (3,590,587 | ) | (33,845,947 | ) | (67,646,714 | )(a) | |||||||||||
66,829 | 240,359 | 41,970 | 156,776 | 342,883 | 433,340 | (a) | ||||||||||||||||
231 | 18 | 1,283 | — | 68,932 | 41,447 | |||||||||||||||||
(69,586 | ) | (241,891 | ) | (44,695 | ) | (157,725 | ) | (354,064 | ) | (478,582 | )(a) | |||||||||||
40,661 | (648,129 | ) | (107,971 | ) | (3,292 | ) | (755,266 | ) | 898,663 |
See accompanying notes to the financial statements.
234 :: Statements of Changes in Net Assets :: For the Periods Indicated
UltraShort China ProFund | UltraShort Dow 30 ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (25,230 | ) | $ | (17,455 | ) | $ | (25,239 | ) | $ | (74,517 | ) | ||||
Net realized gains (losses) on investments | 331,312 | 668,372 | (46,060 | ) | (2,949,287 | ) | ||||||||||
Change in net unrealized appreciation/depreciation on investments | (451,653 | ) | (388,798 | ) | (166,304 | ) | (67,703 | ) | ||||||||
Change in net assets resulting from operations | (145,571 | ) | 262,119 | (237,603 | ) | (3,091,507 | ) | |||||||||
Change in net assets resulting from capital transactions | 2,058,435 | 1,449,529 | (348,468 | ) | 509,117 | |||||||||||
Change in net assets | 1,912,864 | 1,711,648 | (586,071 | ) | (2,582,390 | ) | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 2,346,894 | 635,246 | 3,026,578 | 5,608,968 | ||||||||||||
End of period | $ | 4,259,758 | $ | 2,346,894 | $ | 2,440,507 | $ | 3,026,578 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 45,534,888 | $ | 51,166,599 | $ | 12,269,800 | $ | 36,931,352 | ||||||||
Value of shares redeemed | (43,458,741 | ) | (49,715,951 | ) | (12,632,702 | ) | (36,332,238 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 609,136 | 352,354 | 20,864 | 101,337 | ||||||||||||
Value of shares redeemed | (626,848 | ) | (353,473 | ) | (6,430 | ) | (191,334 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | 2,058,435 | $ | 1,449,529 | $ | (348,468 | ) | $ | 509,117 | |||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 2,277,540 | 4,021,641 | 622,389 | 1,329,209 | (a) | |||||||||||
Redeemed | (2,215,956 | ) | (3,921,183 | ) | (644,434 | ) | (1,318,722 | )(a) | ||||||||
Service Class | ||||||||||||||||
Issued | 36,966 | 28,903 | 1,220 | 3,470 | (a) | |||||||||||
Redeemed | (36,848 | ) | (29,085 | ) | (390 | ) | (6,215 | )(a) | ||||||||
Change in shares | 61,702 | 100,276 | (21,215 | ) | 7,742 |
(a) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 235
UltraShort Emerging Markets ProFund | UltraShort International ProFund | UltraShort Japan ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (8,308 | ) | $ | (15,276 | ) | $ | (15,244 | ) | $ | (32,724 | ) | $ | (2,618 | ) | $ | (7,557 | ) | |||||
188,833 | (471,701 | ) | 106,214 | (1,120,240 | ) | 12,672 | (125,533 | ) | ||||||||||||||
(50,199 | ) | (77,642 | ) | (40,834 | ) | (175,965 | ) | (27,427 | ) | (40,336 | ) | |||||||||||
130,326 | (564,619 | ) | 50,136 | (1,328,929 | ) | (17,373 | ) | (173,426 | ) | |||||||||||||
19,070 | 121,496 | (2,610 | ) | 510,533 | 212,081 | (409,172 | ) | |||||||||||||||
149,396 | (443,123 | ) | 47,526 | (818,396 | ) | 194,708 | (582,598 | ) | ||||||||||||||
593,249 | 1,036,372 | 1,636,645 | 2,455,041 | 261,900 | 844,498 | |||||||||||||||||
$ | 742,645 | $ | 593,249 | $ | 1,684,171 | $ | 1,636,645 | $ | 456,608 | $ | 261,900 | |||||||||||
$ | 11,119,745 | $ | 28,735,607 | $ | 7,669,687 | $ | 12,690,540 | $ | 5,285,087 | $ | 11,695,004 | |||||||||||
(11,081,635 | ) | (28,628,322 | ) | (7,672,257 | ) | (12,180,381 | ) | (5,041,797 | ) | (12,134,986 | ) | |||||||||||
1,377,445 | 3,098,732 | 2 | 2,961 | 40,033 | 42,167 | |||||||||||||||||
(1,396,485 | ) | (3,084,521 | ) | (42 | ) | (2,587 | ) | (71,242 | ) | (11,357 | ) | |||||||||||
$ | 19,070 | $ | 121,496 | $ | (2,610 | ) | $ | 510,533 | $ | 212,081 | $ | (409,172 | ) | |||||||||
436,374 | 1,204,840 | (a) | 350,472 | 416,189 | (a) | 476,615 | 826,620 | |||||||||||||||
(432,725 | ) | (1,205,269 | )(a) | (349,835 | ) | (401,410 | )(a) | (456,805 | ) | (845,940 | ) | |||||||||||
66,588 | 129,679 | (a) | — | 78 | (a) | 4,430 | 3,605 | |||||||||||||||
(66,472 | ) | (129,914 | )(a) | (2 | ) | (79 | )(a) | (6,946 | ) | (1,089 | ) | |||||||||||
3,765 | (664 | ) | 635 | 14,778 | 17,294 | (16,804 | ) |
See accompanying notes to the financial statements.
236 :: Statements of Changes in Net Assets :: For the Periods Indicated
UltraShort Latin America ProFund | UltraShort Mid-Cap ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (12,564 | ) | $ | (34,508 | ) | $ | (13,524 | ) | $ | (32,414 | ) | ||||
Net realized gains (losses) on investments | (42,670 | ) | (1,877,375 | ) | 62,678 | (1,669,401 | ) | |||||||||
Change in net unrealized appreciation/depreciation on investments | (41,499 | ) | (168,423 | ) | (75,875 | ) | (47,870 | ) | ||||||||
Change in net assets resulting from operations | (96,733 | ) | (2,080,306 | ) | (26,721 | ) | (1,749,685 | ) | ||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | — | — | — | — | ||||||||||||
Change in net assets resulting from distributions | — | — | — | — | ||||||||||||
Change in net assets resulting from capital transactions | (20,024 | ) | (280,697 | ) | 16,728 | 464,023 | ||||||||||
Change in net assets | (116,757 | ) | (2,361,003 | ) | (9,993 | ) | (1,285,662 | ) | ||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 812,232 | 3,173,235 | 1,463,095 | 2,748,757 | ||||||||||||
End of period | $ | 695,475 | $ | 812,232 | $ | 1,453,102 | $ | 1,463,095 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 21,884,174 | $ | 45,384,596 | $ | 8,152,127 | $ | 22,831,902 | ||||||||
Distributions reinvested | — | — | — | — | ||||||||||||
Value of shares redeemed | (21,916,319 | ) | (45,679,802 | ) | (8,139,525 | ) | (22,409,510 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 1,253,972 | 2,064,965 | 6,473 | 122,189 | ||||||||||||
Value of shares redeemed | (1,241,851 | ) | (2,050,456 | ) | (2,347 | ) | (80,558 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (20,024 | ) | $ | (280,697 | ) | $ | 16,728 | $ | 464,023 | ||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 1,854,300 | 2,656,787 | 1,638,106 | 2,849,991 | ||||||||||||
Reinvested | — | — | — | — | ||||||||||||
Redeemed | (1,864,384 | ) | (2,691,901 | ) | (1,636,722 | ) | (2,787,887 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 128,925 | 159,501 | 1,473 | 17,208 | ||||||||||||
Redeemed | (128,924 | ) | (159,992 | ) | (507 | ) | (14,815 | ) | ||||||||
Change in shares | (10,083 | ) | (35,605 | ) | 2,350 | 64,497 |
(a) | As described in Note 9, share amounts have been adjusted for 1:8 reverse share split that occurred on December 14, 2020. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
For the Periods Indicated :: Statements of Changes in Net Assets :: 237
UltraShort Nasdaq-100 ProFund | UltraShort Small-Cap ProFund | UltraSmall-Cap ProFund | ||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||||||
$ | (151,400 | ) | $ | (310,178 | ) | $ | (42,926 | ) | $ | (118,634 | ) | $ | (316,061 | ) | $ | (766,796 | ) | |||||
1,949,660 | 6,366,794 | 252,444 | (6,416,308 | ) | (14,015,077 | ) | 33,590,003 | |||||||||||||||
(8,899,979 | ) | 1,930,719 | (146,181 | ) | (301,265 | ) | (3,939,645 | ) | 10,578,359 | |||||||||||||
(7,101,719 | ) | 7,987,335 | 63,337 | (6,836,207 | ) | (18,270,783 | ) | 43,401,566 | ||||||||||||||
— | (6,099 | ) | — | — | — | — | ||||||||||||||||
— | (6,099 | ) | — | — | — | — | ||||||||||||||||
120,968,991 | (8,144,025 | ) | (4,036,483 | ) | 7,505,297 | (7,785,060 | ) | 23,710,296 | ||||||||||||||
113,867,272 | (162,789 | ) | (3,973,146 | ) | 669,090 | (26,055,843 | ) | 67,111,862 | ||||||||||||||
9,465,299 | 9,628,088 | 8,589,032 | 7,919,942 | 101,141,504 | 34,029,642 | |||||||||||||||||
$ | 123,332,571 | $ | 9,465,299 | $ | 4,615,886 | $ | 8,589,032 | $ | 75,085,661 | $ | 101,141,504 | |||||||||||
$ | 1,022,261,068 | $ | 1,619,137,898 | $ | 43,578,277 | $ | 123,161,547 | $ | 377,298,046 | $ | 819,249,211 | |||||||||||
— | 5,816 | — | — | — | — | |||||||||||||||||
(901,177,292 | ) | (1,627,463,105 | ) | (47,533,888 | ) | (116,118,960 | ) | (385,169,393 | ) | (795,780,334 | ) | |||||||||||
355,776 | 5,958,301 | 1,923,327 | 2,564,577 | 5,725,220 | 24,151,688 | |||||||||||||||||
(470,561 | ) | (5,782,935 | ) | (2,004,199 | ) | (2,101,867 | ) | (5,638,933 | ) | (23,910,269 | ) | |||||||||||
$ | 120,968,991 | $ | (8,144,025 | ) | $ | (4,036,483 | ) | $ | 7,505,297 | $ | (7,785,060 | ) | $ | 23,710,296 | ||||||||
73,976,581 | 54,542,505 | (a) | 6,251,171 | 12,182,113 | 4,223,041 | 11,497,660 | ||||||||||||||||
— | 249 | — | — | — | — | |||||||||||||||||
(66,087,767 | ) | (54,215,707 | )(a) | (6,844,335 | ) | (11,456,203 | ) | (4,318,187 | ) | (11,186,978 | ) | |||||||||||
27,272 | 284,538 | (a) | 292,601 | 328,536 | 78,359 | 402,157 | ||||||||||||||||
(35,135 | ) | (277,227 | )(a) | (302,756 | ) | (262,122 | ) | (79,257 | ) | (396,141 | ) | |||||||||||
7,880,951 | 334,358 | (603,319 | ) | 792,324 | (96,044 | ) | 316,698 |
See accompanying notes to the financial statements.
238 :: Statements of Changes in Net Assets :: For the Periods Indicated
U.S. Government Plus ProFund | Utilities UltraSector ProFund | |||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | Six Months Ended January 31, 2022 (unaudited) | Year Ended July 31, 2021 | |||||||||||||
FROM INVESTMENT ACTIVITIES: | ||||||||||||||||
OPERATIONS: | ||||||||||||||||
Net investment income (loss) | $ | (134,843 | ) | $ | (188,980 | ) | $ | 15,122 | $ | 11,543 | ||||||
Net realized gains (losses) on investments | (1,065,806 | ) | (3,092,778 | ) | 364,982 | 1,226,994 | ||||||||||
Change in net unrealized appreciation/depreciation on investments | 285,131 | (461,278 | ) | 406,262 | (155,218 | ) | ||||||||||
Change in net assets resulting from operations | (915,518 | ) | (3,743,036 | ) | 786,366 | 1,083,319 | ||||||||||
DISTRIBUTIONS TO SHAREHOLDERS: | ||||||||||||||||
Total distributions | ||||||||||||||||
Investor Class | — | — | (16,661 | ) | (45,473 | )(a) | ||||||||||
Change in net assets resulting from distributions | — | — | (16,661 | ) | (45,473 | ) | ||||||||||
Change in net assets resulting from capital transactions | (230,911 | ) | 5,452,355 | 16,549 | (1,317,530 | ) | ||||||||||
Change in net assets | (1,146,429 | ) | 1,709,319 | 786,254 | (279,684 | ) | ||||||||||
NET ASSETS: | ||||||||||||||||
Beginning of period | 26,021,050 | 24,311,731 | 8,785,845 | 9,065,529 | ||||||||||||
End of period | $ | 24,874,621 | $ | 26,021,050 | $ | 9,572,099 | $ | 8,785,845 | ||||||||
CAPITAL TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Proceeds from shares issued | $ | 277,527,497 | $ | 249,390,358 | $ | 19,698,325 | $ | 30,768,460 | ||||||||
Distributions reinvested | — | — | 16,614 | 44,822 | ||||||||||||
Value of shares redeemed | (276,220,385 | ) | (243,841,186 | ) | (20,225,887 | ) | (32,097,834 | ) | ||||||||
Service Class | ||||||||||||||||
Proceeds from shares issued | 715,130 | 5,676,297 | 1,318,115 | 1,357,975 | ||||||||||||
Value of shares redeemed | (2,253,153 | ) | (5,773,114 | ) | (790,618 | ) | (1,390,953 | ) | ||||||||
Change in net assets resulting from capital transactions | $ | (230,911 | ) | $ | 5,452,355 | $ | 16,549 | $ | (1,317,530 | ) | ||||||
SHARE TRANSACTIONS: | ||||||||||||||||
Investor Class | ||||||||||||||||
Issued | 4,063,401 | 3,623,278 | 321,667 | 565,097 | ||||||||||||
Reinvested | — | — | 249 | 843 | ||||||||||||
Redeemed | (4,035,570 | ) | (3,529,043 | ) | (329,947 | ) | (592,049 | ) | ||||||||
Service Class | ||||||||||||||||
Issued | 11,451 | 86,771 | 23,281 | 26,895 | ||||||||||||
Redeemed | (36,680 | ) | (87,768 | ) | (13,871 | ) | (27,421 | ) | ||||||||
Change in shares | 2,602 | 93,238 | 1,379 | (26,635 | ) |
(a) | Subsequent to the issuance of the July 31, 2021 financial statements, $5,508 of the distribution was determined to be a return of capital. |
Amounts designated as “ – ” are $0 or have been rounded to $0.
See accompanying notes to the financial statements.
Consolidated Statement of Cash Flows
240 :: Consolidated Statement of Cash Flows :: For the Periods Indicated (unaudited)
Bitcoin Strategy ProFund | ||||
Six Months Ended January 31, 2022 | ||||
Cash Flows from Operating Activities: | ||||
Net Increase (Decrease) in Net Assets from Operations | $ | (11,668,248 | ) | |
Less: Net realized gain on investments | 3,264 | |||
Less: Change in net unrealized appreciation/depreciation of investments | 16,152 | |||
Adjustments to reconcile the net increase (decrease) in net assets from operations to net cash provided by (used in) operating activities | ||||
Proceeds from (Purchase of) short-term investments, net | (25,639,584 | ) | ||
Amortization (Accretion) of premiums and discounts, net | (4,680 | ) | ||
(Increase) Decrease in: | ||||
Receivable From Advisor | (15,342 | ) | ||
Receivable for variation margin on futures contracts | (482,816 | ) | ||
Prepaid Expenses | 5,325 | |||
Increase (Decrease) in: | ||||
Interest payable (on reverse repurchase agreements) | 42 | |||
Futures commission merchant (FCM) fees payable | 5,739 | |||
Variation margin payable on futures contracts | (4,969 | ) | ||
Administration fees payable | 1,803 | |||
Transfer agency fees payable | 1,902 | |||
Fund accounting fees payable | 2,251 | |||
Compliance services fees payable | 105 | |||
Service fees payable | 109 | |||
Other accrued expenses | 31,919 | |||
Net cash provided by (used in) operating activities | $ | (37,747,028 | ) | |
Cash Flows from Financing Activities: | ||||
Proceeds from reverse repurchase agreements | 2,109,861,456 | |||
(Repayments of) reverse repurchase agreements | (2,090,221,376 | ) | ||
Proceeds from capital shares issued | 65,601,874 | |||
Cash paid for Capital Redemtions | (27,583,509 | ) | ||
Net cash provided by (used in) financing activities | $ | 57,658,445 | ||
Net Increase (Decrease) in Cash and Cash Collateral at Brokers | 19,911,417 | |||
Cash and cash collateral at brokers at the beginning of period | 454,684 | |||
Cash and cash collateral at brokers at the end of period | $ | 20,366,101 | ||
The following table provides a reconciliation of cash and cash collateral at brokers to the statement of assets and liabilities: | ||||
Cash | 11,102,274 | |||
Cash collateral at brokers for investments in futures | 9,263,827 | |||
Total cash and cash collateral at brokers | $ | 20,366,101 | ||
Supplemental Disclosure of Cash Flow Information | ||||
Cash paid for interest (excluding costs) | $ | 7,020 | ||
Non-cash financing activities not included herein consists of reinvestments of distributions | None |
See accompanying notes to the financial statements.
Financial Highlights
242 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | In excess of net Investment Income | Return of Capital | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||
Access Flex Bear High Yield ProFund | |||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 29.93 | (0.27 | ) | 0.73 | 0.46 | — | — | — | — | $ | 30.39 | 1.54 | %(d) | 5.90 | % | 1.78 | % | (1.78 | )% | $ | 840 | — | ||||||||||||||||||||||||
Nine Months Ended July 31, 2021 | $ | 33.20 | (0.41 | ) | (2.86 | ) | (3.27 | ) | — | — | — | — | $ | 29.93 | (9.80 | )%(d) | 9.92 | % | 1.78 | % | (1.78 | )% | $ | 445 | — | ||||||||||||||||||||||
Year Ended October 31, 2020 | $ | 33.78 | (0.53 | ) | (0.05 | ) | (0.58 | ) | — | — | — | — | $ | 33.20 | (1.72 | )% | 5.56 | % | 1.78 | % | (1.56 | )% | $ | 845 | — | ||||||||||||||||||||||
Year Ended October 31, 2019 | $ | 37.85 | (0.21 | ) | (3.86 | ) | (4.07 | ) | — | — | — | — | $ | 33.78 | (10.75 | )% | 5.99 | % | 1.78 | % | (0.60 | )% | $ | 807 | — | ||||||||||||||||||||||
Year Ended October 31, 2018 | $ | 38.27 | (0.35 | ) | (0.07 | ) | (0.42 | ) | — | — | — | — | $ | 37.85 | (1.10 | )% | 5.42 | % | 1.78 | % | (0.92 | )% | $ | 591 | — | ||||||||||||||||||||||
Year Ended October 31, 2017(e) | $ | 40.76 | (0.50 | ) | (1.99 | ) | (2.49 | ) | — | — | — | — | $ | 38.27 | (6.09 | )%(f) | 4.18 | % | 1.78 | % | (1.30 | )% | $ | 671 | — | ||||||||||||||||||||||
Year Ended October 31, 2016(e) | $ | 45.65 | (0.70 | ) | (4.19 | ) | (4.89 | ) | — | — | — | — | $ | 40.76 | (10.73 | )% | 4.24 | % | 1.78 | % | (1.63 | )% | $ | 3,028 | — | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 25.68 | (0.39 | ) | 0.65 | 0.26 | — | — | — | — | $ | 25.94 | 1.05 | %(d) | 6.90 | % | 2.78 | % | (2.78 | )% | $ | 7 | — | ||||||||||||||||||||||||
Nine Months Ended July 31, 2021 | $ | 28.71 | (0.61 | ) | (2.42 | ) | (3.03 | ) | — | — | — | — | $ | 25.68 | (10.45 | )%(d) | 10.92 | % | 2.78 | % | (2.78 | )% | $ | 11 | — | ||||||||||||||||||||||
Year Ended October 31, 2020 | $ | 29.49 | (0.82 | ) | 0.04 | (0.78 | ) | — | — | — | — | $ | 28.71 | (2.64 | )% | 6.56 | % | 2.78 | % | (2.56 | )% | $ | 14 | — | |||||||||||||||||||||||
Year Ended October 31, 2019 | $ | 33.40 | (0.53 | ) | (3.38 | ) | (3.91 | ) | — | — | — | — | $ | 29.49 | (11.70 | )% | 6.99 | % | 2.78 | % | (1.60 | )% | $ | 33 | — | ||||||||||||||||||||||
Year Ended October 31, 2018 | $ | 34.11 | (0.69 | ) | (0.02 | ) | (0.07 | ) | — | — | — | — | $ | 33.40 | (2.05 | )% | 6.42 | % | 2.78 | % | (1.92 | )% | $ | 38 | — | ||||||||||||||||||||||
Year Ended October 31, 2017(e) | $ | 36.49 | (0.85 | ) | (1.53 | ) | (2.38 | ) | — | — | — | — | $ | 34.11 | (6.55 | )%(f) | 5.18 | % | 2.78 | % | (2.30 | )% | $ | 116 | — | ||||||||||||||||||||||
Year Ended October 31, 2016(e) | $ | 41.25 | (1.10 | ) | (3.66 | ) | (4.76 | ) | — | — | — | — | $ | 36.49 | (11.62 | )% | 5.24 | % | 2.78 | % | (2.63 | )% | $ | 169 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, adjusted for 1:5 reverse share split that occurred on December 5, 2016. |
(f) | During the year ended October 31, 2017, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 3.30%. |
(g) | During the year ended October 31, 2017, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 0.76%. |
See accompanying notes to the financial statements.
Financial Highlights :: 243
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | In excess of net Investment Income | Return of Capital | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||
Access Flex High Yield ProFund | |||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 32.91 | (0.19 | ) | (0.87 | ) | (1.06 | ) | — | (0.13 | ) | — | (0.13 | ) | $ | 31.72 | (3.24 | )%(d) | 1.78 | % | 1.78 | % | (1.14 | )% | $ | 5,052 | 551 | %(d) | |||||||||||||||||||
Nine Months Ended July 31, 2021 | $ | 31.65 | (0.34 | ) | 2.41 | 2.07 | — | (0.81 | ) | — | (0.81 | ) | $ | 32.91 | 6.63 | %(d) | 1.97 | % | 1.78 | % | (1.39 | )% | $ | 13,252 | 944 | % | |||||||||||||||||||||
Year Ended October 31, 2020 | $ | 34.28 | (0.39 | ) | (0.98 | ) | (1.37 | ) | — | (1.14 | ) | (0.12 | ) | (1.26 | ) | $ | 31.65 | (4.05 | )% | 2.07 | % | 1.88 | % | (1.17 | )% | $ | 17,557 | 1,534 | % | ||||||||||||||||||
Year Ended October 31, 2019 | $ | 32.40 | 0.06 | 3.20 | 3.26 | (0.06 | ) | (1.32 | ) | — | (1.38 | ) | $ | 34.28 | 10.26 | % | 1.90 | % | 1.90 | % | 0.19 | % | $ | 19,823 | 1,362 | % | |||||||||||||||||||||
Year Ended October 31, 2018 | $ | 33.54 | 0.11 | (0.18 | ) | (0.07 | ) | (0.11 | ) | (0.69 | ) | (0.27 | ) | (1.07 | ) | $ | 32.40 | (0.21 | )% | 1.77 | % | 1.77 | % | 0.35 | % | $ | 25,909 | 1,334 | % | ||||||||||||||||||
Year Ended October 31, 2017 | $ | 32.66 | (0.16 | ) | 2.27 | 2.11 | — | (1.23 | ) | — | (1.23 | ) | $ | 33.54 | 6.58 | %(g) | 1.81 | % | 1.81 | % | (0.49 | )% | $ | 25,367 | 1,517 | % | |||||||||||||||||||||
Year Ended October 31, 2016 | $ | 33.89 | (0.26 | ) | 1.94 | 1.68 | — | (2.91 | ) | — | (2.91 | ) | $ | 32.66 | 5.50 | % | 1.64 | % | 1.64 | % | (0.80 | )% | $ | 41,517 | 1,851 | % | |||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 32.53 | (0.35 | ) | (0.87 | ) | (1.22 | ) | — | (0.05 | ) | — | (0.05 | ) | $ | 31.26 | (3.77 | )%(d) | 2.78 | % | 2.78 | % | (2.14 | )% | $ | 2,719 | 551 | %(d) | |||||||||||||||||||
Nine Months Ended July 31, 2021 | $ | 31.33 | (0.59 | ) | 2.40 | 1.81 | — | (0.61 | ) | — | (0.61 | ) | $ | 32.53 | 5.81 | %(d) | 2.97 | % | 2.78 | % | (2.39 | )% | $ | 3,527 | 944 | % | |||||||||||||||||||||
Year Ended October 31, 2020 | $ | 33.80 | (0.71 | ) | (0.96 | ) | (1.67 | ) | — | (0.72 | ) | (0.08 | ) | (0.80 | ) | $ | 31.33 | (4.98 | )% | 3.07 | % | 2.88 | % | (2.17 | )% | $ | 2,806 | 1,534 | % | ||||||||||||||||||
Year Ended October 31, 2019 | $ | 32.03 | (0.27 | ) | 3.15 | 2.88 | — | (1.11 | ) | — | (1.11 | ) | $ | 33.80 | 9.12 | % | 2.90 | % | 2.90 | % | (0.81 | )% | $ | 4,820 | 1,362 | % | |||||||||||||||||||||
Year Ended October 31, 2018 | $ | 32.80 | (0.21 | ) | (0.17 | ) | (0.38 | ) | — | (0.29 | ) | (0.10 | ) | (0.39 | ) | $ | 32.03 | (1.15 | )% | 2.77 | % | 2.77 | % | (0.65 | )% | $ | 2,648 | 1,334 | % | ||||||||||||||||||
Year Ended October 31, 2017 | $ | 31.89 | (0.48 | ) | 2.22 | 1.74 | — | (0.83 | ) | — | (0.83 | ) | $ | 32.80 | 5.54 | %(g) | 2.81 | % | 2.81 | % | (1.49 | )% | $ | 5,326 | 1,517 | % | |||||||||||||||||||||
Year Ended October 31, 2016 | $ | 33.15 | (0.57 | ) | 1.90 | 1.33 | — | (2.59 | ) | — | (2.59 | ) | $ | 31.89 | 4.53 | % | 2.64 | % | 2.64 | % | (1.80 | )% | $ | 8,834 | 1,851 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, adjusted for 1:5 reverse share split that occurred on December 5, 2016. |
(f) | During the year ended October 31, 2017, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 3.30%. |
(g) | During the year ended October 31, 2017, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 0.76%. |
See accompanying notes to the financial statements.
244 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Banks UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 56.72 | 0.01 | 7.58 | 7.59 | — | — | — | $ | 64.31 | 13.38 | %(d) | 1.62 | % | 1.62 | % | 0.02 | % | $ | 21,286 | 49 | %(d) | |||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 28.48 | 0.23 | 28.01 | 28.24 | — | — | — | $ | 56.72 | 99.16 | % | 1.53 | % | 1.53 | % | 0.43 | % | $ | 122,655 | 144 | % | |||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 50.38 | 0.47 | (22.14 | ) | (21.67 | ) | (0.23 | ) | — | (0.23 | ) | $ | 28.48 | (43.26 | )% | 1.72 | % | 1.72 | % | 1.00 | % | $ | 7,348 | 260 | % | |||||||||||||||||||
Year Ended July 31, 2019 | $ | 54.83 | 0.42 | (4.28 | ) | (3.86 | ) | (0.59 | ) | — | (0.59 | ) | $ | 50.38 | (6.69 | )% | 1.80 | % | 1.80 | % | 0.88 | % | $ | 9,484 | 75 | % | |||||||||||||||||||
Year Ended July 31, 2018 | $ | 44.79 | 0.16 | 9.88 | 10.04 | — | — | — | $ | 54.83 | 22.39 | % | 1.54 | % | 1.54 | % | 0.30 | % | $ | 18,887 | 293 | % | |||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 27.42 | (0.02 | ) | 17.39 | 17.37 | — | — | — | $ | 44.79 | 63.38 | % | 1.55 | % | 1.55 | % | (0.06 | )% | $ | 16,953 | 252 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 51.99 | (0.29 | ) | 6.94 | 6.65 | — | — | — | $ | 58.64 | 12.79 | %(d) | 2.62 | % | 2.62 | % | (0.98 | )% | $ | 785 | 49 | %(d) | ||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 26.38 | (0.19 | ) | 25.80 | 25.61 | — | — | — | $ | 51.99 | 97.08 | % | 2.53 | % | 2.53 | % | (0.57 | )% | $ | 925 | 144 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 46.98 | 0.13 | (20.73 | ) | (20.60 | ) | — | — | — | $ | 26.38 | (43.84 | )% | 2.72 | % | 2.72 | % | — | %(e) | $ | 300 | 260 | % | |||||||||||||||||||||
Year Ended July 31, 2019 | $ | 50.85 | (0.03 | ) | (3.84 | ) | (3.87 | ) | — | — | — | $ | 46.98 | (7.63 | )% | 2.80 | % | 2.80 | % | (0.12 | )% | $ | 769 | 75 | % | ||||||||||||||||||||
Year Ended July 31, 2018 | $ | 41.95 | (0.33 | ) | 9.23 | 8.90 | — | — | — | $ | 50.85 | 21.22 | % | 2.54 | % | 2.54 | % | (0.70 | )% | $ | 964 | 293 | % | ||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 25.94 | (0.38 | ) | 16.39 | 16.01 | — | — | — | $ | 41.95 | 61.66 | % | 2.55 | % | 2.55 | % | (1.06 | )% | $ | 1,076 | 252 | % | ||||||||||||||||||||||
Basic Materials UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 101.46 | (0.27 | ) | (0.65 | ) | (0.92 | ) | — | — | — | $ | 100.54 | (0.91 | )%(d) | 1.90 | % | 1.83 | % | (0.53 | )% | $ | 5,616 | 130 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 63.17 | (0.16 | ) | 38.67 | 38.51 | (0.01 | ) | (0.21 | ) | (0.22 | ) | $ | 101.46 | 61.04 | % | 1.82 | % | 1.78 | % | (0.19 | )% | $ | 10,709 | 698 | % | |||||||||||||||||||
Year Ended July 31, 2020 | $ | 63.98 | 0.08 | (0.89 | ) | (0.81 | ) | — | — | — | $ | 63.17 | (1.25 | )% | 2.43 | % | 1.85 | % | 0.15 | % | $ | 2,897 | 62 | % | |||||||||||||||||||||
Year Ended July 31, 2019 | $ | 74.26 | 0.12 | (10.40 | ) | (10.28 | ) | — | — | — | $ | 63.98 | (13.84 | )% | 2.15 | % | 2.05 | %(f) | 0.19 | % | $ | 4,637 | 179 | % | |||||||||||||||||||||
Year Ended July 31, 2018 | $ | 63.66 | (0.11 | ) | 10.71 | 10.60 | — | — | — | $ | 74.26 | 16.65 | % | 1.67 | % | 1.67 | % | (0.15 | )% | $ | 7,427 | 460 | % | ||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 52.40 | 0.13 | 11.22 | 11.35 | (0.09 | )(g) | — | (0.09 | ) | $ | 63.66 | 21.68 | % | 1.67 | % | 1.61 | % | 0.23 | % | $ | 8,266 | 179 | % | |||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 88.60 | (0.73 | ) | (0.49 | ) | (1.22 | ) | — | — | — | $ | 87.38 | (1.39 | )%(d) | 2.90 | % | 2.83 | % | (1.53 | )% | $ | 989 | 130 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 55.74 | (0.92 | ) | 33.99 | 33.07 | — | (0.21 | ) | (0.21 | ) | $ | 88.60 | 59.44 | % | 2.82 | % | 2.78 | % | (1.19 | )% | $ | 983 | 698 | % | ||||||||||||||||||||
Year Ended July 31, 2020 | $ | 57.02 | (0.44 | ) | (0.84 | ) | (1.28 | ) | — | — | — | $ | 55.74 | (2.24 | )% | 3.43 | % | 2.85 | % | (0.85 | )% | $ | 278 | 62 | % | ||||||||||||||||||||
Year Ended July 31, 2019 | $ | 66.85 | (0.45 | ) | (9.38 | ) | (9.83 | ) | — | — | — | $ | 57.02 | (14.72 | )% | 3.15 | % | 3.05 | %(f) | (0.81 | )% | $ | 316 | 179 | % | ||||||||||||||||||||
Year Ended July 31, 2018 | $ | 57.88 | (0.77 | ) | 9.74 | 8.97 | — | — | — | $ | 66.85 | 15.49 | % | 2.67 | % | 2.67 | % | (1.15 | )% | $ | 601 | 460 | % | ||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 48.03 | (0.38 | ) | 10.23 | 9.85 | — | — | — | $ | 57.88 | 20.50 | % | 2.66 | % | 2.60 | % | (0.76 | )% | $ | 639 | 179 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | Amount is less than 0.005%. |
(f) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for the one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
(g) | Subsequent to the issuance of the July 31, 2017 financial statements, $0.09 of the distribution was determined to be a return of capital. |
See accompanying notes to the financial statements.
Financial Highlights :: 245
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Bear ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 16.01 | (0.13 | ) | (0.64 | ) | (0.77 | ) | — | — | — | $ | 15.24 | (4.81 | )%(d) | 1.66 | % | 1.66 | % | (1.66 | )% | $ | 9,316 | — | |||||||||||||||||||||
Year Ended July 31, 2021 | $ | 22.67 | (0.33 | ) | (6.32 | ) | (6.65 | ) | (0.01 | ) | — | (0.01 | ) | $ | 16.01 | (29.33 | )% | 1.74 | % | 1.74 | % | (1.73 | )% | $ | 9,799 | — | |||||||||||||||||||
Year Ended July 31, 2020 | $ | 28.37 | (0.25 | ) | (5.38 | ) | (5.63 | ) | (0.07 | ) | — | (0.07 | ) | $ | 22.67 | (19.87 | )% | 1.86 | % | 1.86 | % | (0.95 | )% | $ | 15,698 | — | |||||||||||||||||||
Year Ended July 31, 2019 | $ | 30.45 | 0.14 | (2.22 | ) | (2.08 | ) | — | — | — | $ | 28.37 | (6.83 | )% | 1.77 | % | 1.77 | % | 0.48 | % | $ | 19,388 | — | ||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 35.46 | (0.11 | ) | (4.90 | ) | (5.01 | ) | — | — | — | $ | 30.45 | (14.13 | )% | 1.59 | % | 1.59 | % | (0.34 | )% | $ | 12,790 | — | |||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 41.56 | (0.41 | ) | (5.69 | ) | (6.10 | ) | — | — | — | $ | 35.46 | (14.66 | )% | 1.63 | % | 1.63 | % | (1.07 | )% | $ | 45,370 | — | |||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 14.56 | (0.20 | ) | (0.57 | ) | (0.77 | ) | — | — | — | $ | 13.79 | (5.29 | )%(d) | 2.66 | % | 2.66 | % | (2.66 | )% | $ | 515 | — | |||||||||||||||||||||
Year Ended July 31, 2021 | $ | 20.82 | (0.51 | ) | (5.75 | ) | (6.26 | ) | — | — | — | $ | 14.56 | (30.07 | )% | 2.74 | % | 2.74 | % | (2.73 | )% | $ | 789 | — | |||||||||||||||||||||
Year Ended July 31, 2020 | $ | 26.23 | (0.50 | ) | (4.91 | ) | (5.41 | ) | — | — | — | $ | 20.82 | (20.63 | )% | 2.86 | % | 2.86 | % | (1.95 | )% | $ | 677 | — | |||||||||||||||||||||
Year Ended July 31, 2019 | $ | 28.44 | (0.14 | ) | (2.07 | ) | (2.21 | ) | — | — | — | $ | 26.23 | (7.77 | )% | 2.77 | % | 2.77 | % | (0.52 | )% | $ | 761 | — | |||||||||||||||||||||
Year Ended July 31, 2018 | $ | 33.46 | (0.42 | ) | (4.60 | ) | (5.02 | ) | — | — | — | $ | 28.44 | (15.00 | )% | 2.59 | % | 2.59 | % | (1.34 | )% | $ | 659 | — | |||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 39.62 | (0.79 | ) | (5.37 | ) | (6.16 | ) | — | — | — | $ | 33.46 | (15.51 | )% | 2.63 | % | 2.63 | % | (2.07 | )% | $ | 2,667 | — | |||||||||||||||||||||
Biotechnology UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 85.26 | (0.16 | ) | (12.40 | ) | (12.56 | ) | — | (12.79 | ) | (12.79 | ) | $ | 59.91 | (16.56 | )%(d) | 1.45 | % | 1.45 | % | (0.43 | )% | $ | 130,164 | 24 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 72.23 | (0.27 | ) | 21.37 | 21.10 | — | (8.07 | ) | (8.07 | ) | $ | 85.26 | 32.02 | % | 1.55 | % | 1.55 | % | (0.37 | )% | $ | 168,280 | 62 | % | ||||||||||||||||||||
Year Ended July 31, 2020 | $ | 51.90 | (0.06 | ) | 22.42 | 22.36 | — | (2.03 | ) | (2.03 | ) | $ | 72.23 | 43.62 | % | 1.61 | % | 1.61 | % | (0.10 | )% | $ | 188,065 | 52 | % | ||||||||||||||||||||
Year Ended July 31, 2019 | $ | 66.16 | 0.11 | (11.50 | ) | (11.39 | ) | — | (2.87 | ) | (2.87 | ) | $ | 51.90 | (17.10 | )% | 1.52 | % | 1.52 | % | 0.19 | % | $ | 161,970 | 23 | % | |||||||||||||||||||
Year Ended July 31, 2018 | $ | 63.85 | (0.05 | ) | 6.85 | 6.80 | — | (4.49 | ) | (4.49 | ) | $ | 66.16 | 10.94 | % | 1.43 | % | 1.43 | % | (0.08 | )% | $ | 246,238 | 11 | % | ||||||||||||||||||||
Year Ended July 31, 2017 | $ | 56.32 | (0.15 | ) | 7.68 | 7.53 | — | — | — | $ | 63.85 | 13.37 | % | 1.45 | % | 1.45 | % | (0.28 | )% | $ | 320,937 | 14 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 61.86 | (0.44 | ) | (8.49 | ) | (8.93 | ) | — | (12.79 | ) | (12.79 | ) | $ | 40.14 | (17.00 | )%(d) | 2.45 | % | 2.45 | % | (1.43 | )% | $ | 3,942 | 24 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 55.00 | (0.80 | ) | 15.73 | 14.93 | — | (8.07 | ) | (8.07 | ) | $ | 61.86 | 30.74 | % | 2.54 | % | 2.54 | % | (1.36 | )% | $ | 5,358 | 62 | % | ||||||||||||||||||||
Year Ended July 31, 2020 | $ | 40.29 | (0.52 | ) | 17.26 | 16.74 | — | (2.03 | ) | (2.03 | ) | $ | 55.00 | 42.20 | % | 2.60 | % | 2.60 | % | (1.09 | )% | $ | 5,999 | 52 | % | ||||||||||||||||||||
Year Ended July 31, 2019 | $ | 52.66 | (0.35 | ) | (9.15 | ) | (9.50 | ) | — | (2.87 | ) | (2.87 | ) | $ | 40.29 | (17.93 | )% | 2.52 | % | 2.52 | % | (0.80 | )% | $ | 5,559 | 23 | % | ||||||||||||||||||
Year Ended July 31, 2018 | $ | 52.18 | (0.58 | ) | 5.55 | 4.97 | — | (4.49 | ) | (4.49 | ) | $ | 52.66 | 9.83 | % | 2.43 | % | 2.43 | % | (1.08 | )% | $ | 9,183 | 11 | % | ||||||||||||||||||||
Year Ended July 31, 2017 | $ | 46.48 | (0.60 | ) | 6.30 | 5.70 | — | — | — | $ | 52.18 | 12.26 | % | 2.45 | % | 2.45 | % | (1.28 | )% | $ | 12,721 | 14 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:5 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
246 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Bitcoin Strategy ProFund(d) | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 24.70 | (0.17 | ) | (1.62 | ) | (1.79 | ) | — | — | — | $ | 22.91 | (7.25 | )%(e) | 1.86 | % | 1.16 | %(f) | (1.12 | )% | $ | 26,802 | — | |||||||||||||||||||||
July 28, 2021 through July 31, 2021(g) | $ | 25.00 | — | (h) | (0.30 | ) | (0.30 | ) | — | — | — | $ | 24.70 | (1.20 | )%(e) | 24.80 | % | 1.30 | %(f) | (1.28 | )% | $ | 524 | — | |||||||||||||||||||||
Bull ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 61.91 | (0.15 | ) | 1.68 | 1.53 | — | (5.48 | ) | (5.48 | ) | $ | 57.96 | 2.59 | %(e) | 1.42 | % | 1.42 | % | (0.50 | )% | $ | 43,689 | 9 | %(e) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 48.91 | (0.24 | ) | 16.31 | 16.07 | (0.16 | ) | (2.91 | ) | (3.07 | ) | $ | 61.91 | 34.03 | % | 1.55 | % | 1.55 | % | (0.45 | )% | $ | 56,064 | 15 | % | |||||||||||||||||||
Year Ended July 31, 2020(i) | $ | 45.33 | (0.01 | ) | 4.39 | 4.38 | (0.18 | ) | (0.62 | ) | (0.80 | ) | $ | 48.91 | 9.68 | % | 1.63 | % | 1.63 | % | (0.01 | )% | $ | 72,210 | 84 | % | |||||||||||||||||||
Year Ended July 31, 2019(i) | $ | 42.99 | 0.23 | 2.35 | 2.58 | — | (0.24 | ) | (0.24 | ) | $ | 45.33 | 5.99 | % | 1.54 | % | 1.54 | % | 0.54 | % | $ | 61,121 | 3 | % | |||||||||||||||||||||
Year Ended July 31, 2018(i) | $ | 37.65 | 0.08 | 5.26 | 5.34 | — | — | — | $ | 42.99 | 14.20 | % | 1.44 | % | 1.44 | % | 0.21 | % | $ | 47,074 | 26 | % | |||||||||||||||||||||||
Year Ended July 31, 2017(i) | $ | 33.11 | (0.15 | ) | 4.69 | 4.54 | — | — | — | $ | 37.65 | 13.68 | % | 1.58 | % | 1.58 | % | (0.44 | )% | $ | 80,095 | 4 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 49.77 | (0.39 | ) | 1.34 | 0.95 | — | (5.48 | ) | (5.48 | ) | $ | 45.24 | 2.02 | %(e) | 2.42 | % | 2.42 | % | (1.50 | )% | $ | 6,051 | 9 | %(e) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 40.09 | (0.68 | ) | 13.27 | 12.59 | — | (2.91 | ) | (2.91 | ) | $ | 49.77 | 32.73 | % | 2.55 | % | 2.55 | % | (1.45 | )% | $ | 7,148 | 15 | % | ||||||||||||||||||||
Year Ended July 31, 2020(i) | $ | 37.50 | (0.38 | ) | 3.59 | 3.21 | — | (0.62 | ) | (0.62 | ) | $ | 40.09 | 8.57 | % | 2.63 | % | 2.63 | % | (1.01 | )% | $ | 5,327 | 84 | % | ||||||||||||||||||||
Year Ended July 31, 2019(i) | $ | 35.96 | (0.12 | ) | 1.90 | 1.78 | — | (0.24 | ) | (0.24 | ) | $ | 37.50 | 4.93 | % | 2.54 | % | 2.54 | % | (0.45 | )% | $ | 4,232 | 3 | % | ||||||||||||||||||||
Year Ended July 31, 2018(i) | $ | 31.80 | (0.25 | ) | 4.41 | 4.16 | — | — | — | $ | 35.96 | 13.08 | % | 2.43 | % | 2.43 | % | (0.78 | )% | $ | 4,676 | 26 | % | ||||||||||||||||||||||
Year Ended July 31, 2017(i) | $ | 28.25 | (0.45 | ) | 4.00 | 3.55 | — | — | — | $ | 31.80 | 12.55 | % | 2.58 | % | 2.58 | % | (1.44 | )% | $ | 8,533 | 4 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Consolidated Financial Highlights. |
(e) | Not annualized for periods less than one year. |
(f) | The expense ratios reflect all interest expense and other costs related to reverse repurchase agreements and trading of Bitcoin futures contracts (FCM fees). Excluding interest expense and these other costs, the net expense ratio would have been 0.84%. |
(g) | Period from commencement of operations. |
(h) | Amount is less than $0.005. |
(i) | As described in Note 9, share amounts have been adjusted for 3:1 share split that occurred on November 18, 2019. |
See accompanying notes to the financial statements.
Financial Highlights :: 247
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Communication Services UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 172.73 | (0.88 | ) | (26.44 | ) | (27.32 | ) | — | (1.17 | ) | (1.17 | ) | $ | 144.24 | (15.86 | )%(d) | 1.80 | % | 1.78 | % | (1.07 | )% | $ | 7,660 | 28 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 104.67 | (1.61 | ) | 69.67 | 68.06 | — | — | — | $ | 172.73 | 65.05 | % | 1.91 | % | 1.82 | % | (1.17 | )% | $ | 11,327 | 138 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 92.86 | (0.99 | ) | 15.68 | 14.69 | (2.88 | ) | — | (2.88 | ) | $ | 104.67 | 16.07 | % | 2.37 | % | 2.11 | %(e) | (1.08 | )% | $ | 5,587 | 82 | % | ||||||||||||||||||||
Year Ended July 31, 2019 | $ | 72.76 | 2.15 | 17.95 | 20.10 | — | — | — | $ | 92.86 | 27.62 | % | 1.62 | % | 1.62 | % | 2.51 | % | $ | 10,109 | 805 | % | |||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 72.31 | 0.03 | 0.42 | 0.45 | — | — | — | $ | 72.76 | 0.62 | % | 2.22 | % | 1.78 | % | 0.05 | % | $ | 5,680 | 818 | % | |||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 61.09 | (1.02 | ) | 12.24 | 11.22 | — | — | — | $ | 72.31 | 18.37 | % | 1.82 | % | 1.78 | % | (1.46 | )% | $ | 7,108 | 562 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 140.52 | (1.55 | ) | (21.25 | ) | (22.80 | ) | — | (1.17 | ) | (1.17 | ) | $ | 116.55 | (16.28 | )%(d) | 2.80 | % | 2.78 | % | (2.07 | )% | $ | 194 | 28 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 85.98 | (2.72 | ) | 57.26 | 54.54 | — | — | — | $ | 140.52 | 63.43 | % | 2.91 | % | 2.82 | % | (2.17 | )% | $ | 205 | 138 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 76.53 | (1.74 | ) | 12.99 | 11.25 | (1.80 | ) | — | (1.80 | ) | $ | 85.98 | 14.89 | % | 3.37 | % | 3.11 | %(e) | (2.08 | )% | $ | 153 | 82 | % | ||||||||||||||||||||
Year Ended July 31, 2019 | $ | 60.55 | 1.45 | 14.53 | 15.98 | — | — | — | $ | 76.53 | 26.35 | % | 2.62 | % | 2.62 | % | 1.51 | % | $ | 166 | 805 | % | |||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 60.80 | (0.54 | ) | 0.29 | (0.25 | ) | — | — | — | $ | 60.55 | (0.38 | )% | 3.22 | % | 2.78 | % | (0.95 | )% | $ | 123 | 818 | % | |||||||||||||||||||||
Year Ended July 31, 2017 | $ | 51.86 | (1.62 | ) | 10.56 | 8.94 | — | — | — | $ | 60.80 | 17.22 | % | 2.82 | % | 2.78 | % | (2.46 | )% | $ | 313 | 562 | % | ||||||||||||||||||||||
Consumer Goods UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 91.85 | (0.26 | ) | 8.26 | 8.00 | — | (4.39 | ) | (4.39 | ) | $ | 95.46 | 8.53 | %(d) | 1.80 | % | 1.76 | % | (0.54 | )% | $ | 9,644 | 49 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021(f) | $ | 59.24 | (0.31 | ) | 32.92 | 32.61 | — | — | — | $ | 91.85 | 55.06 | % | 1.88 | % | 1.78 | % | (0.40 | )% | $ | 4,950 | 209 | % | ||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 53.09 | 0.23 | 7.52 | 7.75 | — | (1.60 | ) | (1.60 | ) | $ | 59.24 | 14.68 | % | 2.08 | % | 1.78 | % | 0.44 | % | $ | 7,596 | 162 | % | |||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 51.20 | 0.07 | 2.51 | 2.58 | (0.69 | ) | — | (0.69 | ) | $ | 53.09 | 5.40 | % | 2.11 | % | 1.91 | % | 0.15 | % | $ | 4,495 | 46 | % | |||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 53.04 | 0.23 | (1.15 | ) | (0.92 | ) | (0.04 | ) | (0.88 | ) | (0.92 | ) | $ | 51.20 | (1.87 | )% | 1.89 | % | 1.83 | % | 0.44 | % | $ | 5,321 | 155 | % | ||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 49.21 | 0.10 | 3.73 | 3.83 | — | — | — | $ | 53.04 | 7.77 | % | 1.76 | % | 1.76 | % | 0.19 | % | $ | 28,186 | 199 | % | |||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
January 31, 2022 (unaudited) | $ | 81.66 | (0.70 | ) | 7.39 | 6.69 | — | (4.39 | ) | (4.39 | ) | $ | 83.96 | 8.00 | %(d) | 2.80 | % | 2.76 | % | (1.54 | )% | $ | 751 | 49 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021(f) | $ | 53.19 | (1.01 | ) | 29.48 | 28.47 | — | — | — | $ | 81.66 | 53.53 | % | 2.88 | % | 2.78 | % | (1.40 | )% | $ | 441 | 209 | % | ||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 48.29 | (0.25 | ) | 6.75 | 6.50 | — | (1.60 | ) | (1.60 | ) | $ | 53.19 | 13.53 | % | 3.08 | % | 2.78 | % | (0.56 | )% | $ | 457 | 162 | % | ||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 46.44 | (0.37 | ) | 2.36 | 1.99 | (0.14 | ) | — | (0.14 | ) | $ | 48.29 | 4.38 | % | 3.09 | % | 2.89 | % | (0.83 | )% | $ | 391 | 46 | % | ||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 48.62 | (0.25 | ) | (1.05 | ) | (1.30 | ) | — | (0.88 | ) | (0.88 | ) | $ | 46.44 | (2.85 | )% | 2.89 | % | 2.83 | % | (0.56 | )% | $ | 699 | 155 | % | ||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 45.56 | (0.35 | ) | 3.41 | 3.06 | — | — | — | $ | 48.62 | 6.72 | % | 2.76 | % | 2.76 | % | (0.81 | )% | $ | 1,077 | 199 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for the one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
(f) | As described in Note 9, share amounts have been adjusted for 2:1 share split that occurred on December 14, 2020. |
See accompanying notes to the financial statements.
248 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Consumer Services UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 72.77 | (0.33 | ) | (7.12 | ) | (7.45 | ) | — | (5.74 | ) | (5.74 | ) | $ | 59.58 | (11.22 | )%(d) | 1.50 | % | 1.50 | % | (0.93 | )% | $ | 47,391 | 24 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 54.08 | (0.64 | ) | 21.74 | 21.10 | — | (2.41 | ) | (2.41 | ) | $ | 72.77 | 39.66 | % | 1.56 | % | 1.56 | % | (0.97 | )% | $ | 76,287 | 130 | % | ||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 46.43 | (0.24 | ) | 7.89 | 7.65 | — | — | — | $ | 54.08 | 16.47 | % | 1.67 | % | 1.67 | % | (0.53 | )% | $ | 44,827 | 80 | % | ||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 43.14 | (0.06 | ) | 5.21 | 5.15 | — | (1.86 | ) | (1.86 | ) | $ | 46.43 | 13.46 | % | 1.57 | % | 1.57 | % | (0.13 | )% | $ | 90,523 | 106 | % | ||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 34.40 | (0.09 | ) | 9.58 | 9.49 | — | (0.75 | ) | (0.75 | ) | $ | 43.14 | 27.92 | % | 1.52 | % | 1.52 | % | (0.22 | )% | $ | 131,835 | 35 | % | ||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 29.22 | (0.10 | ) | 5.28 | 5.18 | — | — | — | $ | 34.40 | 17.70 | % | 1.58 | % | 1.58 | % | (0.32 | )% | $ | 32,182 | 123 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 60.86 | (0.64 | ) | (5.74 | ) | (6.38 | ) | — | (5.74 | ) | (5.74 | ) | $ | 48.74 | (11.67 | )%(d) | 2.50 | % | 2.50 | % | (1.93 | )% | $ | 924 | 24 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 45.99 | (1.19 | ) | 18.47 | 17.28 | — | (2.41 | ) | (2.41 | ) | $ | 60.86 | 38.29 | % | 2.56 | % | 2.56 | % | (1.97 | )% | $ | 1,594 | 130 | % | ||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 39.89 | (0.63 | ) | 6.73 | 6.10 | — | — | — | $ | 45.99 | 15.30 | % | 2.67 | % | 2.67 | % | (1.53 | )% | $ | 1,595 | 80 | % | ||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 37.73 | (0.43 | ) | 4.45 | 4.02 | — | (1.86 | ) | (1.86 | ) | $ | 39.89 | 12.34 | % | 2.57 | % | 2.57 | % | (1.13 | )% | $ | 2,524 | 106 | % | ||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 30.47 | (0.43 | ) | 8.44 | 8.01 | — | (0.75 | ) | (0.75 | ) | $ | 37.73 | 26.64 | % | 2.52 | % | 2.52 | % | (1.22 | )% | $ | 5,163 | 35 | % | ||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 26.15 | (0.38 | ) | 4.70 | 4.32 | — | — | — | $ | 30.47 | 16.52 | % | 2.58 | % | 2.58 | % | (1.32 | )% | $ | 1,077 | 123 | % | ||||||||||||||||||||||
Europe 30 ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 13.97 | 0.08 | 0.40 | (f) | 0.48 | (0.12 | ) | — | (0.12 | ) | $ | 14.33 | 3.50 | %(d) | 2.24 | % | 1.78 | % | 1.10 | % | $ | 2,699 | 249 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 10.91 | 0.13 | 3.23 | 3.36 | (0.30 | ) | — | (0.30 | ) | $ | 13.97 | 31.39 | % | 2.15 | % | 1.78 | % | 1.03 | % | $ | 3,190 | 522 | % | |||||||||||||||||||||
Year Ended July 31, 2020 | $ | 12.56 | 0.16 | (1.70 | ) | (1.54 | ) | (0.11 | ) | — | (0.11 | ) | $ | 10.91 | (12.42 | )% | 2.20 | % | 1.78 | % | 1.35 | % | $ | 4,306 | 1,122 | % | |||||||||||||||||||
Year Ended July 31, 2019 | $ | 14.58 | 0.25 | (0.86 | ) | (0.61 | ) | (1.41 | ) | — | (1.41 | ) | $ | 12.56 | (3.95 | )%(g) | 2.23 | % | 1.78 | % | 1.96 | % | $ | 4,997 | 1,311 | % | |||||||||||||||||||
Year Ended July 31, 2018 | $ | 13.99 | 0.17 | 0.56 | 0.73 | (0.14 | ) | — | (0.14 | ) | $ | 14.58 | 5.30 | %(h) | 1.87 | % | 1.75 | % | 1.19 | % | $ | 3,109 | 540 | % | |||||||||||||||||||||
Year Ended July 31, 2017 | $ | 11.99 | 0.24 | 2.15 | 2.39 | (0.39 | ) | — | (0.39 | ) | $ | 13.99 | 20.40 | % | 1.82 | % | 1.78 | % | 1.90 | % | $ | 11,133 | 1,157 | % | |||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 15.25 | — | (i) | 0.46 | (f) | 0.46 | (0.12 | ) | — | (0.12 | ) | $ | 15.59 | 3.07 | %(d) | 3.24 | % | 2.78 | % | 0.10 | % | $ | 214 | 249 | %(d) | |||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.90 | (0.01 | ) | 3.54 | 3.53 | (0.18 | ) | — | (0.18 | ) | $ | 15.25 | 30.05 | % | 3.15 | % | 2.78 | % | 0.03 | % | $ | 212 | 522 | % | ||||||||||||||||||||
Year Ended July 31, 2020 | $ | 13.74 | 0.03 | (1.87 | ) | (1.84 | ) | — | — | — | $ | 11.90 | (13.46 | )% | 3.20 | % | 2.78 | % | 0.35 | % | $ | 159 | 1,122 | % | |||||||||||||||||||||
Year Ended July 31, 2019 | $ | 15.32 | 0.11 | (0.83 | ) | (0.72 | ) | (0.86 | ) | — | (0.86 | ) | $ | 13.74 | (4.80 | )%(g) | 3.23 | % | 2.78 | % | 0.96 | % | $ | 265 | 1,311 | % | |||||||||||||||||||
Year Ended July 31, 2018 | $ | 14.72 | 0.02 | 0.58 | 0.60 | — | — | — | $ | 15.32 | 4.14 | %(h) | 2.87 | % | 2.75 | % | 0.19 | % | $ | 328 | 540 | % | |||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 12.35 | 0.10 | 2.27 | 2.37 | — | — | — | $ | 14.72 | 19.19 | % | 2.82 | % | 2.78 | % | 0.90 | % | $ | 477 | 1,157 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 3:1 share split that occurred on November 18, 2019. |
(f) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(g) | During the year ended July 31, 2019, the ProFund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 2.65%. |
(h) | During the year ended July 31, 2018, the ProFund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 0.44%. |
(i) | Amount is less than $0.005. |
See accompanying notes to the financial statements.
Financial Highlights :: 249
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Falling U.S. Dollar ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 16.23 | (0.14 | ) | (0.79 | ) | (0.93 | ) | — | — | — | $ | 15.30 | (5.73 | )%(d) | 5.97 | % | 1.78 | % | (1.78 | )% | $ | 1,126 | — | |||||||||||||||||||||
Year Ended July 31, 2021 | $ | 16.41 | (0.29 | ) | 0.11 | (e) | (0.18 | ) | — | — | — | $ | 16.23 | (1.10 | )% | 3.20 | % | 1.78 | % | (1.77 | )% | $ | 1,240 | — | |||||||||||||||||||||
Year Ended July 31, 2020 | $ | 15.97 | (0.12 | ) | 0.56 | 0.44 | — | — | — | $ | 16.41 | 2.76 | %(f) | 5.66 | % | 1.78 | % | (0.78 | )% | $ | 1,230 | — | |||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 17.03 | 0.08 | (1.14 | ) | (1.06 | ) | — | — | — | $ | 15.97 | (6.22 | )% | 2.98 | % | 1.78 | % | 0.48 | % | $ | 1,000 | — | ||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 17.77 | (0.08 | ) | (0.66 | ) | (0.74 | ) | — | — | — | $ | 17.03 | (4.16 | )% | 2.96 | % | 1.78 | % | (0.44 | )% | $ | 1,255 | — | |||||||||||||||||||||
Year Ended July 31, 2017 | $ | 17.76 | (0.22 | ) | 0.23 | 0.01 | — | — | — | $ | 17.77 | 0.06 | % | 3.38 | % | 1.78 | % | (1.33 | )% | $ | 1,965 | — | |||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 14.71 | (0.22 | ) | (0.64 | ) | (0.86 | ) | — | — | — | $ | 13.85 | (6.31 | )%(d) | 6.97 | % | 2.78 | % | (2.78 | )% | $ | 2 | — | |||||||||||||||||||||
Year Ended July 31, 2021 | $ | 15.05 | (0.44 | ) | 0.10 | (e) | (0.34 | ) | — | — | — | $ | 14.71 | (2.12 | )% | 4.20 | % | 2.78 | % | (2.77 | )% | $ | 2 | — | |||||||||||||||||||||
Year Ended July 31, 2020 | $ | 14.81 | (0.27 | ) | 0.51 | 0.24 | — | — | — | $ | 15.05 | 1.82 | %(f) | 6.66 | % | 2.78 | % | (1.78 | )% | $ | 2 | — | |||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 15.93 | (0.08 | ) | (1.04 | ) | (1.12 | ) | — | — | — | $ | 14.81 | (7.09 | )% | 3.98 | % | 2.78 | % | (0.52 | )% | $ | 7 | — | |||||||||||||||||||||
Year Ended July 31, 2018 | $ | 16.78 | (0.24 | ) | (0.61 | ) | (0.85 | ) | — | — | — | $ | 15.93 | (5.07 | )% | 3.96 | % | 2.78 | % | (1.44 | )% | $ | 744 | — | |||||||||||||||||||||
Year Ended July 31, 2017 | $ | 16.92 | (0.38 | ) | 0.24 | (0.14 | ) | — | — | — | $ | 16.78 | (0.89 | )% | 4.38 | % | 2.78 | % | (2.33 | )% | $ | 487 | — | ||||||||||||||||||||||
Financials UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 32.99 | (0.03 | ) | 2.11 | 2.08 | — | (2.40 | ) | (2.40 | ) | $ | 32.67 | 6.32 | %(d) | 1.69 | % | 1.69 | % | (0.15 | )% | $ | 7,872 | 221 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 19.18 | (0.11 | ) | 13.92 | 13.81 | — | — | — | $ | 32.99 | 72.00 | % | 1.79 | % | 1.75 | % | (0.38 | )% | $ | 11,499 | 650 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 24.82 | 0.03 | (5.21 | ) | (5.18 | ) | (0.46 | ) | — | (0.46 | ) | $ | 19.18 | (21.40 | )% | 1.87 | % | 1.84 | % | 0.13 | % | $ | 4,239 | 271 | % | |||||||||||||||||||
Year Ended July 31, 2019 | $ | 23.18 | 0.13 | 1.51 | 1.64 | — | — | — | $ | 24.82 | 7.07 | % | 1.72 | % | 1.72 | % | 0.56 | % | $ | 39,881 | 394 | % | |||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 19.90 | 0.01 | 3.27 | 3.28 | — | — | — | $ | 23.18 | 16.48 | % | 1.66 | % | 1.66 | % | 0.06 | % | $ | 9,238 | 360 | % | |||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 14.65 | (0.01 | ) | 5.26 | 5.25 | — | — | — | $ | 19.90 | 35.84 | % | 1.68 | % | 1.68 | % | (0.03 | )% | $ | 15,981 | 211 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 27.76 | (0.17 | ) | 1.79 | 1.62 | — | (2.40 | ) | (2.40 | ) | $ | 26.98 | 5.84 | %(d) | 2.69 | % | 2.69 | % | (1.15 | )% | $ | 711 | 221 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 16.31 | (0.33 | ) | 11.78 | 11.45 | — | — | — | $ | 27.76 | 70.20 | % | 2.79 | % | 2.75 | % | (1.38 | )% | $ | 675 | 650 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 21.11 | (0.16 | ) | (4.48 | ) | (4.64 | ) | (0.16 | ) | — | (0.16 | ) | $ | 16.31 | (22.20 | )% | 2.87 | % | 2.84 | % | (0.87 | )% | $ | 443 | 271 | % | ||||||||||||||||||
Year Ended July 31, 2019 | $ | 19.91 | (0.07 | ) | 1.27 | 1.20 | — | — | — | $ | 21.11 | 5.97 | % | 2.72 | % | 2.72 | % | (0.44 | )% | $ | 1,326 | 394 | % | ||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 17.27 | (0.18 | ) | 2.82 | 2.64 | — | — | — | $ | 19.91 | 15.34 | % | 2.66 | % | 2.66 | % | (0.94 | )% | $ | 811 | 360 | % | ||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 12.83 | (0.16 | ) | 4.60 | 4.44 | — | — | — | $ | 17.27 | 34.61 | % | 2.68 | % | 2.68 | % | (1.03 | )% | $ | 1,588 | 211 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(f) | During the year ended July 31, 2019, the ProFund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was an increase of 2.65%. |
See accompanying notes to the financial statements.
250 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | ||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||
Health Care UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 106.01 | (0.28 | ) | (4.89 | ) | (5.17 | ) | — | — | — | $ | 100.84 | (4.88 | )%(d) | 1.54 | % | 1.54 | % | (0.52 | )% | $ | 18,666 | 64 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 75.52 | (0.50 | ) | 30.99 | 30.49 | — | — | — | $ | 106.01 | 40.37 | % | 1.73 | % | 1.73 | % | (0.59 | )% | $ | 40,753 | 226 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 61.57 | (0.19 | ) | 14.17 | 13.98 | (0.03 | ) | — | (0.03 | ) | $ | 75.52 | 22.71 | % | 1.78 | % | 1.78 | % | (0.28 | )% | $ | 46,004 | 201 | % | ||||||||||||||||||||
Year Ended July 31, 2019 | $ | 60.66 | 0.10 | 0.83 | 0.93 | (0.02 | ) | — | (0.02 | ) | $ | 61.57 | 1.54 | % | 1.58 | % | 1.58 | % | 0.16 | % | $ | 14,650 | 226 | % | |||||||||||||||||||||
Year Ended July 31, 2018 | $ | 56.25 | (0.05 | ) | 10.27 | 10.22 | — | (5.81 | ) | (5.81 | ) | $ | 60.66 | 19.30 | % | 1.56 | % | 1.56 | % | (0.09 | )% | $ | 39,320 | 151 | % | ||||||||||||||||||||
Year Ended July 31, 2017 | $ | 51.01 | (0.14 | ) | 5.38 | 5.24 | — | — | — | $ | 56.25 | 10.25 | % | 1.58 | % | 1.58 | % | (0.27 | )% | $ | 60,081 | 215 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 86.59 | (0.71 | ) | (3.92 | ) | (4.63 | ) | — | — | — | $ | 81.96 | (5.36 | )%(d) | 2.54 | % | 2.54 | % | (1.52 | )% | $ | 1,200 | 64 | %(d) | ||||||||||||||||||||
Year Ended July 31, 2021 | $ | 62.29 | (1.19 | ) | 25.49 | 24.30 | — | — | — | $ | 86.59 | 39.03 | % | 2.71 | % | 2.71 | % | (1.57 | )% | $ | 1,213 | 226 | % | ||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 51.25 | (0.73 | ) | 11.77 | 11.04 | — | — | — | $ | 62.29 | 21.54 | % | 2.74 | % | 2.74 | % | (1.24 | )% | $ | 1,180 | 201 | % | ||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 50.97 | (0.40 | ) | 0.68 | 0.28 | — | — | — | $ | 51.25 | 0.55 | % | 2.55 | % | 2.55 | % | (0.81 | )% | $ | 1,328 | 226 | % | ||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 48.57 | (0.53 | ) | 8.74 | 8.21 | — | (5.81 | ) | (5.81 | ) | $ | 50.97 | 18.14 | % | 2.55 | % | 2.55 | % | (1.08 | )% | $ | 2,230 | 151 | % | ||||||||||||||||||||
Year Ended July 31, 2017 | $ | 44.49 | (0.57 | ) | 4.65 | 4.08 | — | — | — | $ | 48.57 | 9.17 | % | 2.58 | % | 2.58 | % | (1.27 | )% | $ | 2,507 | 215 | % | ||||||||||||||||||||||
Industrials UltraSector ProFund | |||||||||||||||||||||||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 61.05 | (0.22 | ) | (5.27 | ) | (5.49 | ) | — | (2.07 | ) | (2.07 | ) | $ | 53.49 | (9.24 | )%(d) | 1.74 | % | 1.74 | % | (0.73 | )% | $ | 5,314 | 110 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 36.50 | (0.44 | ) | 24.99 | 24.55 | — | — | — | $ | 61.05 | 67.26 | % | 1.86 | % | 1.78 | % | (0.84 | )% | $ | 19,362 | 427 | % | ||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 39.16 | (0.09 | ) | (2.57 | ) | (2.66 | ) | — | — | — | $ | 36.50 | (6.78 | )% | 2.12 | % | 1.87 | % | (0.23 | )% | $ | 4,033 | 57 | % | ||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 36.86 | (0.04 | ) | 2.34 | 2.30 | — | — | — | $ | 39.16 | 6.22 | % | 1.84 | % | 1.84 | % | (0.10 | )% | $ | 9,520 | 485 | % | ||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 31.94 | (0.04 | ) | 6.39 | 6.35 | — | (1.43 | ) | (1.43 | ) | $ | 36.86 | 20.04 | % | 1.63 | % | 1.63 | % | (0.12 | )% | $ | 7,850 | 240 | % | ||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 25.23 | (0.06 | ) | 6.77 | 6.71 | — | — | — | $ | 31.94 | 26.61 | % | 1.72 | % | 1.72 | % | (0.21 | )% | $ | 27,147 | 294 | % | ||||||||||||||||||||||
Service Class | |||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 52.23 | (0.48 | ) | (4.43 | ) | (4.91 | ) | — | (2.07 | ) | (2.07 | ) | $ | 45.25 | (9.71 | )%(d) | 2.74 | % | 2.74 | % | (1.73 | )% | $ | 334 | 110 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 31.55 | (0.89 | ) | 21.57 | 20.68 | — | — | — | $ | 52.23 | 65.58 | % | 2.86 | % | 2.78 | % | (1.84 | )% | $ | 404 | 427 | % | ||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 34.18 | (0.42 | ) | (2.21 | ) | (2.63 | ) | — | — | — | $ | 31.55 | (7.69 | )% | 3.12 | % | 2.87 | % | (1.23 | )% | $ | 226 | 57 | % | ||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 32.50 | (0.35 | ) | 2.03 | 1.68 | — | — | — | $ | 34.18 | 5.16 | % | 2.84 | % | 2.84 | % | (1.10 | )% | $ | 962 | 485 | % | ||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 28.59 | (0.35 | ) | 5.69 | 5.34 | — | (1.43 | ) | (1.43 | ) | $ | 32.50 | 18.83 | % | 2.63 | % | 2.63 | % | (1.12 | )% | $ | 510 | 240 | % | ||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 22.80 | (0.31 | ) | 6.10 | 5.79 | — | — | — | $ | 28.59 | 25.36 | % | 2.72 | % | 2.72 | % | (1.21 | )% | $ | 889 | 294 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 3:1 share split that occurred on November 18, 2019. |
See accompanying notes to the financial statements.
Financial Highlights :: 251
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000’s) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||
Internet UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 79.79 | (0.46 | ) | (18.99 | ) | (19.45 | ) | (10.63 | ) | (10.63 | ) | $ | 49.71 | (26.83 | )%(d) | 1.43 | % | 1.43 | % | (1.27 | )% | $ | 144,376 | 14 | %(d) | ||||||||||||||||
Year Ended July 31, 2021(e) | $ | 66.20 | (0.95 | ) | 28.88 | 27.93 | (14.34 | ) | (14.34 | ) | $ | 79.79 | 45.51 | % | 1.52 | % | 1.52 | % | (1.34 | )% | $ | 224,716 | 55 | % | ||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 49.72 | (0.46 | ) | 17.00 | 16.54 | (0.06 | ) | (0.06 | ) | $ | 66.20 | 33.31 | % | 1.60 | % | 1.60 | % | (0.97 | )% | $ | 206,228 | 59 | % | ||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 46.29 | (0.34 | ) | 3.78 | 3.43 | — | — | $ | 49.72 | 7.43 | % | 1.50 | % | 1.50 | % | (0.75 | )% | $ | 209,745 | 61 | % | ||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 32.50 | (0.38 | ) | 17.40 | 17.02 | (3.23 | ) | (3.23 | ) | $ | 46.29 | 55.54 | % | 1.42 | % | 1.42 | % | (0.94 | )% | $ | 275,914 | 69 | % | ||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 23.08 | (0.31 | ) | 9.78 | 9.47 | (0.05 | ) | (0.05 | ) | $ | 32.50 | 41.01 | % | 1.46 | % | 1.46 | % | (1.17 | )% | $ | 139,470 | 27 | % | ||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 56.65 | (0.71 | ) | (12.73 | ) | (13.44 | ) | (10.63 | ) | (10.63 | ) | $ | 32.58 | (27.20 | )%(d) | 2.43 | % | 2.43 | % | (2.27 | )% | $ | 7,156 | 14 | %(d) | ||||||||||||||||
Year Ended July 31, 2021(e) | $ | 50.74 | (1.49 | ) | 21.74 | 20.25 | (14.34 | ) | (14.34 | ) | $ | 56.65 | 44.07 | % | 2.52 | % | 2.52 | % | (2.34 | )% | $ | 14,190 | 55 | % | ||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 38.50 | (0.83 | ) | 13.13 | 12.30 | (0.06 | ) | (0.06 | ) | $ | 50.74 | 32.01 | % | 2.60 | % | 2.60 | % | (1.97 | )% | $ | 9,906 | 59 | % | ||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 36.20 | (0.70 | ) | 3.00 | 2.30 | — | — | $ | 38.50 | 6.35 | % | 2.50 | % | 2.50 | % | (1.75 | )% | $ | 10,311 | 61 | % | ||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 26.25 | (0.70 | ) | 13.88 | 13.18 | (3.23 | ) | (3.23 | ) | $ | 36.20 | 54.00 | % | 2.42 | % | 2.42 | % | (1.94 | )% | $ | 16,652 | 69 | % | ||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 18.84 | (0.53 | ) | 7.99 | 7.46 | (0.05 | ) | (0.05 | ) | $ | 26.25 | 39.59 | % | 2.46 | % | 2.46 | % | (2.17 | )% | $ | 8,697 | 27 | % | ||||||||||||||||||
Large-Cap Growth ProFund | ||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 146.04 | (0.57 | ) | 2.38 | 1.81 | (1.56 | ) | (1.56 | ) | $ | 146.29 | 1.14 | %(d) | 1.44 | % | 1.44 | % | (0.75 | )% | $ | 15,429 | 348 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 111.89 | (0.81 | ) | 39.10 | 38.29 | (4.14 | ) | (4.14 | ) | $ | 146.04 | 34.95 | % | 1.59 | % | 1.59 | % | (0.66 | )% | $ | 31,409 | 297 | % | ||||||||||||||||||
Year Ended July 31, 2020 | $ | 95.94 | (0.33 | ) | 20.61 | 20.28 | (4.33 | ) | (4.33 | ) | $ | 111.89 | 21.78 | % | 1.69 | % | 1.69 | % | (0.34 | )% | $ | 50,145 | 358 | % | ||||||||||||||||||
Year Ended July 31, 2019 | $ | 90.85 | (0.12 | ) | 6.68 | 6.56 | (1.47 | ) | (1.47 | ) | $ | 95.94 | 7.56 | % | 1.61 | % | 1.61 | % | (0.14 | )% | $ | 22,113 | 536 | % | ||||||||||||||||||
Year Ended July 31, 2018 | $ | 77.09 | (0.15 | ) | 15.06 | 14.91 | (1.15 | ) | (1.15 | ) | $ | 90.85 | 19.47 | % | 1.57 | % | 1.57 | % | (0.18 | )% | $ | 33,364 | 380 | % | ||||||||||||||||||
Year Ended July 31, 2017 | $ | 68.05 | — | (f) | 9.97 | 9.97 | (0.93 | ) | (0.93 | ) | $ | 77.09 | 14.82 | % | 1.68 | % | 1.68 | % | — | %(g) | $ | 32,726 | 592 | % | ||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 118.11 | (1.19 | ) | 2.08 | 0.89 | (1.56 | ) | (1.56 | ) | $ | 117.44 | 0.64 | %(d) | 2.43 | % | 2.43 | % | (1.74 | )% | $ | 1,778 | 348 | %(d) | ||||||||||||||||||
Year Ended July 31, 2021 | $ | 92.09 | (1.83 | ) | 31.99 | 30.16 | (4.14 | ) | (4.14 | ) | $ | 118.11 | 33.61 | % | 2.58 | % | 2.58 | % | (1.66 | )% | $ | 1,467 | 297 | % | ||||||||||||||||||
Year Ended July 31, 2020 | $ | 80.47 | (1.14 | ) | 17.09 | 15.95 | (4.33 | ) | (4.33 | ) | $ | 92.09 | 20.53 | % | 2.69 | % | 2.69 | % | (1.34 | )% | $ | 1,014 | 358 | % | ||||||||||||||||||
Year Ended July 31, 2019 | $ | 77.22 | (0.89 | ) | 5.61 | 4.72 | (1.47 | ) | (1.47 | ) | $ | 80.47 | 6.50 | % | 2.61 | % | 2.61 | % | (1.14 | )% | $ | 3,894 | 536 | % | ||||||||||||||||||
Year Ended July 31, 2018 | $ | 66.34 | (0.85 | ) | 12.88 | 12.03 | (1.15 | ) | (1.15 | ) | $ | 77.22 | 18.28 | % | 2.57 | % | 2.57 | % | (1.18 | )% | $ | 1,307 | 380 | % | ||||||||||||||||||
Year Ended July 31, 2017 | $ | 59.27 | (0.62 | ) | 8.62 | 8.00 | (0.93 | ) | (0.93 | ) | $ | 66.34 | 13.68 | % | 2.68 | % | 2.68 | % | (1.00 | )% | $ | 3,945 | 592 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 2:1 share split that occurred on December 14, 2020. |
(f) | Amount is less than $0.005. |
(g) | Amount is less than 0.005%. |
See accompanying notes to the financial statements.
252 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Large-Cap Value ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 84.34 | 0.02 | 3.25 | (d) | 3.27 | (0.59 | ) | — | (0.59 | ) | $ | 87.02 | 3.87 | %(e) | 1.84 | % | 1.83 | % | 0.05 | % | $ | 26,406 | 554 | %(e) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 63.28 | 0.47 | 20.59 | 21.06 | — | — | — | $ | 84.34 | 33.28 | % | 1.71 | % | 1.71 | % | 0.63 | % | $ | 4,334 | 769 | % | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 66.30 | 0.64 | (3.66 | ) | (3.02 | ) | — | — | — | $ | 63.28 | (4.55 | )% | 1.75 | % | 1.75 | % | 0.94 | % | $ | 4,704 | 481 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 66.02 | 0.45 | 2.05 | 2.50 | — | (2.22 | ) | (2.22 | ) | $ | 66.30 | 4.38 | % | 1.80 | % | 1.77 | % | 0.71 | % | $ | 11,810 | 1,011 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 61.42 | 0.40 | 4.84 | 5.24 | (0.42 | ) | (0.22 | ) | (0.64 | ) | $ | 66.02 | 8.55 | % | 1.85 | % | 1.78 | % | 0.64 | % | $ | 5,296 | 788 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 54.89 | 0.43 | 6.23 | 6.66 | (0.13 | ) | — | (0.13 | ) | $ | 61.42 | 12.12 | % | 1.85 | % | 1.78 | % | 0.75 | % | $ | 6,916 | 498 | % | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 73.84 | (0.36 | ) | 2.84 | (d) | 2.48 | — | — | — | $ | 76.32 | 3.36 | %(e) | 2.84 | % | 2.83 | % | (0.95 | )% | $ | 1,810 | 554 | %(e) | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 55.95 | (0.19 | ) | 18.08 | 17.89 | — | — | — | $ | 73.84 | 31.97 | % | 2.71 | % | 2.71 | % | (0.37 | )% | $ | 1,855 | 769 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 59.23 | 0.05 | (3.33 | ) | (3.28 | ) | — | — | — | $ | 55.95 | (5.54 | )% | 2.75 | % | 2.75 | % | (0.06 | )% | $ | 1,421 | 481 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 59.82 | (0.12 | ) | 1.75 | 1.63 | — | (2.22 | ) | (2.22 | ) | $ | 59.23 | 3.37 | % | 2.80 | % | 2.77 | % | (0.29 | )% | $ | 1,233 | 1,011 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 55.88 | (0.18 | ) | 4.34 | 4.16 | — | (0.22 | ) | (0.22 | ) | $ | 59.82 | 7.44 | % | 2.85 | % | 2.78 | % | (0.36 | )% | $ | 635 | 788 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 50.33 | (0.10 | ) | 5.65 | 5.55 | — | — | — | $ | 55.88 | 11.01 | % | 2.85 | % | 2.78 | % | (0.25 | )% | $ | 2,159 | 498 | % | |||||||||||||||||||||||||||||||||
Mid-Cap Growth ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 128.38 | (0.74 | ) | (6.09 | ) | (6.83 | ) | — | (26.94 | ) | (26.94 | ) | $ | 94.61 | (7.03 | )%(e) | 2.18 | % | 2.10 | %(f) | (1.26 | )% | $ | 2,634 | 115 | %(e) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 96.99 | (0.78 | ) | 35.25 | 34.47 | — | (3.08 | ) | (3.08 | ) | $ | 128.38 | 35.95 | % | 1.69 | % | 1.69 | % | (0.74 | )% | $ | 3,719 | 233 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 94.01 | (0.79 | ) | 3.77 | 2.98 | — | — | — | $ | 96.99 | 3.17 | % | 1.77 | % | 1.77 | % | (0.88 | )% | $ | 38,215 | 457 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 93.83 | (0.40 | ) | 0.58 | 0.18 | — | — | — | $ | 94.01 | 0.19 | % | 1.73 | % | 1.73 | % | (0.44 | )% | $ | 17,792 | 385 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 82.27 | (0.50 | ) | 12.06 | 11.56 | — | — | — | $ | 93.83 | 14.05 | % | 1.70 | % | 1.70 | % | (0.56 | )% | $ | 19,895 | 384 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 73.58 | (0.44 | ) | 9.13 | 8.69 | — | — | — | $ | 82.27 | 11.81 | % | 1.80 | % | 1.78 | % | (0.59 | )% | $ | 9,086 | 242 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 104.06 | (1.23 | ) | (4.35 | ) | (5.58 | ) | — | (26.94 | ) | (26.94 | ) | $ | 71.54 | (7.50 | )%(e) | 3.18 | % | 3.10 | %(f) | (2.26 | )% | $ | 670 | 115 | %(e) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 79.88 | (1.74 | ) | 29.00 | 27.26 | — | (3.08 | ) | (3.08 | ) | $ | 104.06 | 34.61 | % | 2.69 | % | 2.69 | % | (1.74 | )% | $ | 782 | 233 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 78.22 | (1.56 | ) | 3.22 | 1.66 | — | — | — | $ | 79.88 | 2.12 | % | 2.77 | % | 2.77 | % | (1.88 | )% | $ | 780 | 457 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 78.84 | (1.15 | ) | 0.53 | (0.62 | ) | — | — | — | $ | 78.22 | (0.79 | )% | 2.73 | % | 2.73 | % | (1.44 | )% | $ | 2,315 | 385 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 69.82 | (1.25 | ) | 10.27 | 9.02 | — | — | — | $ | 78.84 | 12.92 | % | 2.70 | % | 2.70 | % | (1.56 | )% | $ | 950 | 384 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 63.07 | (1.09 | ) | 7.84 | 6.75 | — | — | — | $ | 69.82 | 10.68 | % | 2.80 | % | 2.78 | % | (1.59 | )% | $ | 1,305 | 242 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(e) | Not annualized for periods less than one year. |
(f) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for the one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
See accompanying notes to the financial statements.
Financial Highlights :: 253
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Mid-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 112.82 | (0.46 | ) | (2.72 | ) | (3.18 | ) | — | (2.51 | ) | (2.51 | ) | $ | 107.13 | (2.93 | )%(d) | 1.89 | % | 1.85 | % | (0.82 | )% | $ | 6,103 | 9 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 78.62 | (1.05 | ) | 35.48 | 34.43 | — | (0.23 | ) | (0.23 | ) | $ | 112.82 | 43.91 | % | 1.83 | % | 1.83 | % | (1.06 | )% | $ | 6,198 | 107 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 87.39 | (0.41 | ) | (4.01 | ) | (4.42 | ) | (0.08 | ) | (4.27 | ) | (4.35 | ) | $ | 78.62 | (5.52 | )% | 1.97 | % | 1.97 | %(e) | (0.52 | )% | $ | 4,207 | 238 | % | ||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 91.18 | 0.02 | (1.59 | ) | (1.57 | ) | (0.05 | ) | (2.17 | ) | (2.22 | ) | $ | 87.39 | (1.25 | )% | 1.67 | % | 1.67 | % | 0.03 | % | $ | 7,025 | 43 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 87.31 | (0.20 | ) | 10.73 | 10.53 | — | (6.66 | ) | (6.66 | ) | $ | 91.18 | 12.38 | % | 1.54 | % | 1.54 | % | (0.23 | )% | $ | 19,933 | 21 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 77.58 | (0.42 | ) | 10.15 | 9.73 | — | — | — | $ | 87.31 | 12.54 | % | 1.57 | % | 1.57 | % | (0.51 | )% | $ | 47,686 | 603 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 90.61 | (0.92 | ) | (2.04 | ) | (2.96 | ) | — | (2.51 | ) | (2.51 | ) | $ | 85.14 | (3.42 | )%(d) | 2.89 | % | 2.85 | % | (1.82 | )% | $ | 776 | 9 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 63.84 | (1.86 | ) | 28.86 | 27.00 | — | (0.23 | ) | (0.23 | ) | $ | 90.61 | 42.47 | % | 2.83 | % | 2.83 | % | (2.06 | )% | $ | 816 | 107 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 72.34 | (1.07 | ) | (3.16 | ) | (4.23 | ) | — | (4.27 | ) | (4.27 | ) | $ | 63.84 | (6.45 | )% | 2.97 | % | 2.97 | %(e) | (1.52 | )% | $ | 556 | 238 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 76.62 | (0.69 | ) | (1.42 | ) | (2.11 | ) | — | (2.17 | ) | (2.17 | ) | $ | 72.34 | (2.23 | )% | 2.67 | % | 2.67 | % | (0.97 | )% | $ | 2,655 | 43 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 75.06 | (0.96 | ) | 9.18 | 8.22 | — | (6.66 | ) | (6.66 | ) | $ | 76.62 | 11.26 | % | 2.54 | % | 2.54 | % | (1.23 | )% | $ | 783 | 21 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 67.36 | (1.13 | ) | 8.83 | 7.70 | — | — | — | $ | 75.06 | 11.41 | % | 2.57 | % | 2.57 | % | (1.51 | )% | $ | 952 | 603 | % | |||||||||||||||||||||||||||||||||
Mid-Cap Value ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 95.91 | 0.10 | 1.20 | 1.30 | — | (0.89 | ) | (0.89 | ) | $ | 96.32 | 1.33 | %(d) | 1.87 | % | 1.78 | % | 0.21 | % | $ | 3,345 | 187 | %(d) | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 62.48 | 0.10 | 33.50 | 33.60 | (0.17 | ) | — | (0.17 | ) | $ | 95.91 | 53.86 | % | 1.86 | % | 1.78 | % | 0.13 | % | $ | 4,856 | 772 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 73.65 | 0.20 | (11.06 | ) | (10.86 | ) | (0.31 | )(f) | — | (0.31 | ) | $ | 62.48 | (14.82 | )%(g) | 2.10 | % | 1.78 | % | 0.29 | % | $ | 4,189 | 322 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 78.08 | 0.08 | (2.04 | ) | (1.96 | ) | (0.11 | ) | (2.36 | ) | (2.47 | ) | $ | 73.65 | (1.94 | )% | 1.78 | % | 1.78 | % | 0.11 | % | $ | 5,554 | 708 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 78.19 | (0.11 | ) | 8.25 | 8.14 | — | (8.25 | ) | (8.25 | ) | $ | 78.08 | 10.85 | % | 1.94 | % | 1.78 | % | (0.15 | )% | $ | 7,731 | 312 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 69.63 | (0.01 | ) | 8.99 | 8.98 | (0.18 | ) | (0.24 | ) | (0.42 | ) | $ | 78.19 | 12.90 | % | 1.85 | % | 1.78 | % | (0.01 | )% | $ | 7,609 | 281 | % | ||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 77.37 | (0.30 | ) | 0.96 | 0.66 | — | (0.89 | ) | (0.89 | ) | $ | 77.14 | 0.82 | %(d) | 2.87 | % | 2.78 | % | (0.79 | )% | $ | 668 | 187 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 50.79 | (0.57 | ) | 27.15 | 26.58 | — | — | — | $ | 77.37 | 52.35 | % | 2.86 | % | 2.78 | % | (0.87 | )% | $ | 649 | 772 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 60.23 | (0.36 | ) | (9.08 | ) | (9.44 | ) | — | — | — | $ | 50.79 | (15.67 | )%(g) | 3.10 | % | 2.78 | % | (0.71 | )% | $ | 417 | 322 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 64.88 | (0.52 | ) | (1.77 | ) | (2.29 | ) | — | (2.36 | ) | (2.36 | ) | $ | 60.23 | (2.89 | )% | 2.78 | % | 2.78 | % | (0.89 | )% | $ | 587 | 708 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 66.90 | (0.76 | ) | 6.99 | 6.23 | — | (8.25 | ) | (8.25 | ) | $ | 64.88 | 9.73 | % | 2.94 | % | 2.78 | % | (1.15 | )% | $ | 562 | 312 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 60.06 | (0.64 | ) | 7.72 | 7.08 | — | (0.24 | ) | (0.24 | ) | $ | 66.90 | 11.78 | % | 2.85 | % | 2.78 | % | (1.01 | )% | $ | 626 | 281 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for the one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
(f) | Subsequent to the issuance of the July 31, 2020 financial statements, $0.05 of the distribution was determined to be a return of capital. |
(g) | During the year ended July 31, 2020, the ProFund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was 0.22%. |
See accompanying notes to the financial statements.
254 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Nasdaq-100 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 139.20 | (0.74 | ) | (0.39 | )(d) | (1.13 | ) | — | (3.69 | ) | (3.69 | ) | $ | 134.38 | (1.04 | )%(e) | 1.41 | % | 1.41 | % | (1.04 | )% | $ | 70,773 | 189 | %(e) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 104.21 | (1.20 | ) | 37.52 | 36.32 | — | (1.33 | ) | (1.33 | ) | $ | 139.20 | 35.07 | % | 1.48 | % | 1.48 | % | (1.01 | )% | $ | 153,313 | 440 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 76.83 | (0.54 | ) | 28.66 | 28.12 | — | (0.74 | ) | (0.74 | ) | $ | 104.21 | 36.83 | % | 1.56 | % | 1.56 | % | (0.65 | )% | $ | 108,633 | 39 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 71.37 | 0.02 | 5.44 | 5.46 | — | — | — | $ | 76.83 | 7.65 | % | 1.52 | % | 1.52 | % | 0.03 | % | $ | 101,799 | 15 | % | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 58.96 | (0.19 | ) | 13.07 | 12.88 | — | (0.47 | ) | (0.47 | ) | $ | 71.37 | 21.94 | % | 1.44 | % | 1.44 | % | (0.30 | )% | $ | 83,056 | 3 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 47.81 | (0.33 | ) | 11.48 | 11.15 | — | — | — | $ | 58.96 | 23.32 | % | 1.49 | % | 1.49 | % | (0.64 | )% | $ | 99,069 | 4 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 111.10 | (1.32 | ) | (0.06 | )(d) | (1.38 | ) | — | (3.69 | ) | (3.69 | ) | $ | 106.03 | (1.54 | )%(e) | 2.41 | % | 2.41 | % | (2.04 | )% | $ | 7,236 | 189 | %(e) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 84.23 | (2.15 | ) | 30.35 | 28.20 | — | (1.33 | ) | (1.33 | ) | $ | 111.10 | 33.74 | % | 2.48 | % | 2.48 | % | (2.01 | )% | $ | 7,473 | 440 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 62.84 | (1.22 | ) | 23.35 | 22.13 | — | (0.74 | ) | (0.74 | ) | $ | 84.23 | 35.48 | % | 2.55 | % | 2.55 | % | (1.64 | )% | $ | 8,412 | 39 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 58.96 | (0.56 | ) | 4.44 | 3.88 | — | — | — | $ | 62.84 | 6.58 | % | 2.51 | % | 2.51 | % | (0.96 | )% | $ | 5,884 | 15 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 49.27 | (0.74 | ) | 10.90 | 10.16 | — | (0.47 | ) | (0.47 | ) | $ | 58.96 | 20.75 | % | 2.44 | % | 2.44 | % | (1.30 | )% | $ | 8,137 | 3 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 40.36 | (0.78 | ) | 9.69 | 8.91 | — | — | — | $ | 49.27 | 22.05 | % | 2.49 | % | 2.49 | % | (1.64 | )% | $ | 5,022 | 4 | % | |||||||||||||||||||||||||||||||||
Oil & Gas UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 19.35 | 0.21 | 10.19 | 10.40 | (0.37 | ) | — | (0.37 | ) | $ | 29.38 | 54.25 | %(e) | 1.53 | % | 1.53 | % | 1.82 | % | $ | 38,085 | 55 | %(e) | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.97 | 0.23 | 7.38 | 7.61 | (0.23 | ) | — | (0.23 | ) | $ | 19.35 | 64.47 | % | 1.64 | % | 1.64 | % | 1.36 | % | $ | 29,753 | 239 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 29.28 | 0.29 | (17.22 | ) | (16.93 | ) | (0.38 | ) | — | (0.38 | ) | $ | 11.97 | (58.57 | )% | 1.87 | % | 1.87 | % | 1.61 | % | $ | 11,544 | 40 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 42.24 | 0.37 | (12.87 | ) | (12.50 | ) | (0.46 | ) | — | (0.46 | ) | $ | 29.28 | (29.45 | )% | 1.74 | % | 1.74 | % | 1.11 | % | $ | 13,402 | 53 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 33.39 | 0.29 | 8.88 | 9.17 | (0.32 | ) | — | (0.32 | ) | $ | 42.24 | 27.56 | % | 1.56 | % | 1.56 | % | 0.78 | % | $ | 43,157 | 152 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 35.19 | 0.28 | (1.85 | ) | (1.57 | ) | (0.23 | ) | — | (0.23 | ) | $ | 33.39 | (4.58 | )% | 1.60 | % | 1.60 | % | 0.79 | % | $ | 20,228 | 110 | % | ||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 16.49 | 0.11 | 8.67 | 8.78 | (0.17 | ) | — | (0.17 | ) | $ | 25.10 | 53.45 | %(e) | 2.53 | % | 2.53 | % | 0.82 | % | $ | 1,640 | 55 | %(e) | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 10.27 | 0.09 | 6.27 | 6.36 | (0.14 | ) | — | (0.14 | ) | $ | 16.49 | 62.71 | % | 2.64 | % | 2.64 | % | 0.36 | % | $ | 1,395 | 239 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 25.07 | 0.14 | (14.88 | ) | (14.74 | ) | (0.06 | ) | — | (0.06 | ) | $ | 10.27 | (58.92 | )% | 2.87 | % | 2.87 | % | 0.61 | % | $ | 626 | 40 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 36.03 | 0.08 | (10.96 | ) | (10.88 | ) | (0.08 | ) | — | (0.08 | ) | $ | 25.07 | (30.16 | )% | 2.74 | % | 2.74 | % | 0.11 | % | $ | 730 | 53 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 28.53 | (0.02 | ) | 7.52 | 7.50 | — | — | — | $ | 36.03 | 26.29 | % | 2.56 | % | 2.56 | % | (0.22 | )% | $ | 1,651 | 152 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 30.19 | (0.03 | ) | (1.63 | ) | (1.66 | ) | — | — | — | $ | 28.53 | (5.50 | )% | 2.60 | % | 2.60 | % | (0.21 | )% | $ | 1,929 | 110 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(e) | Not annualized for periods less than one year. |
See accompanying notes to the financial statements.
Financial Highlights :: 255
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Oil Equipment & Services UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 61.47 | (0.17 | ) | 13.17 | 13.00 | — | — | — | $ | 74.47 | 21.15 | %(d) | 1.65 | % | 1.65 | % | (0.55 | )% | $ | 15,647 | 110 | %(d) | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 36.47 | (0.47 | ) | 25.55 | (f) | 25.08 | (0.08 | ) | — | (0.08 | ) | $ | 61.47 | 68.77 | % | 1.73 | % | 1.71 | % | (0.80 | )% | $ | 15,229 | 727 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2020(e)(g) | $ | 166.00 | 0.20 | (129.73 | ) | (129.53 | ) | — | — | — | $ | 36.47 | (78.03 | )% | 2.12 | % | 1.86 | % | 0.73 | % | $ | 9,408 | 396 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019(e)(g) | $ | 403.70 | (1.28 | ) | (232.26 | ) | (233.54 | ) | (4.16 | ) | — | (4.16 | ) | $ | 166.00 | (57.83 | )% | 2.09 | % | 2.09 | %(h) | (0.61 | )% | $ | 6,205 | 248 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(e)(g) | $ | 401.13 | 3.20 | 8.65 | 11.85 | (9.28 | ) | — | (9.28 | ) | $ | 403.70 | 3.02 | % | 1.60 | % | 1.60 | % | 0.83 | % | $ | 8,203 | 316 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(g) | $ | 430.79 | 6.72 | (36.06 | ) | (29.34 | ) | (0.32 | ) | — | (0.32 | ) | $ | 401.13 | (6.79 | )% | 1.62 | % | 1.62 | % | 1.42 | % | $ | 13,703 | 201 | % | ||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 54.96 | (0.46 | ) | 11.75 | 11.29 | — | — | — | $ | 66.25 | 20.54 | %(d) | 2.65 | % | 2.65 | % | (1.55 | )% | $ | 3,139 | 110 | %(d) | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 32.90 | (0.95 | ) | 23.01 | (f) | 22.06 | — | — | — | $ | 54.96 | 67.15 | % | 2.73 | % | 2.71 | % | 1.80 | % | $ | 621 | 727 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020(e)(g) | $ | 151.47 | (0.04 | ) | (118.53 | ) | (118.57 | ) | — | — | — | $ | 32.90 | (78.28 | )% | 3.12 | % | 2.86 | % | (0.27 | )% | $ | 353 | 396 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019(e)(g) | $ | 362.87 | (3.20 | ) | (208.20 | ) | (211.40 | ) | — | (i) | — | — | (i) | $ | 151.47 | (58.27 | )% | 3.09 | % | 3.09 | %(h) | (1.61 | )% | $ | 373 | 248 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(e)(g) | $ | 359.98 | (0.32 | ) | 7.37 | 7.05 | (4.16 | ) | — | (4.16 | ) | $ | 362.87 | 1.99 | % | 2.60 | % | 2.60 | % | (0.17 | )% | $ | 318 | 316 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(g) | $ | 389.89 | 2.24 | (32.15 | ) | (29.91 | ) | — | — | — | $ | 359.98 | (7.71 | )% | 2.62 | % | 2.62 | % | 0.42 | % | $ | 503 | 201 | % | ||||||||||||||||||||||||||||||||
Pharmaceuticals UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 30.56 | (0.03 | ) | (0.24 | )(f) | (0.27 | ) | — | (1.23 | ) | (1.23 | ) | $ | 29.06 | (1.03 | )%(d) | 2.05 | % | 1.78 | % | (0.22 | )% | $ | 3,988 | 91 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 22.94 | (0.09 | ) | 7.81 | 7.72 | — | (0.10 | ) | (0.10 | ) | $ | 30.56 | 33.74 | % | 2.27 | % | 1.78 | % | (0.33 | )% | $ | 3,961 | 204 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 20.75 | (0.04 | ) | 2.23 | 2.19 | — | — | — | $ | 22.94 | 10.55 | % | 2.32 | % | 1.84 | % | (0.18 | )% | $ | 3,735 | 137 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 26.29 | 0.01 | (4.71 | ) | (4.70 | ) | (0.04 | ) | (0.80 | ) | (0.84 | ) | $ | 20.75 | (17.69 | )% | 1.97 | % | 1.86 | % | 0.06 | % | $ | 5,039 | 223 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 25.66 | 0.12 | 1.61 | 1.73 | — | (1.10 | ) | (1.10 | ) | $ | 26.29 | 6.97 | % | 1.78 | % | 1.78 | % | 0.48 | % | $ | 7,173 | 192 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 26.29 | 0.03 | (0.66 | ) | (0.63 | ) | — | — | — | $ | 25.66 | (2.40 | )% | 1.75 | % | 1.75 | % | 0.13 | % | $ | 9,592 | 159 | % | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 26.02 | (0.16 | ) | (0.19 | )(f) | (0.35 | ) | — | (1.23 | ) | (1.23 | ) | $ | 24.44 | (1.53 | )%(d) | 3.05 | % | 2.78 | % | (1.22 | )% | $ | 764 | 91 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 19.74 | (0.32 | ) | 6.70 | 6.38 | — | (0.10 | ) | (0.10 | ) | $ | 26.02 | 32.41 | % | 3.27 | % | 2.78 | % | (1.33 | )% | $ | 318 | 204 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 18.03 | (0.23 | ) | 1.94 | 1.71 | — | — | — | $ | 19.74 | 9.48 | % | 3.32 | % | 2.84 | % | (1.18 | )% | $ | 300 | 137 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 23.16 | (0.20 | ) | (4.13 | ) | (4.33 | ) | — | (0.80 | ) | (0.80 | ) | $ | 18.03 | (18.53 | )% | 2.97 | % | 2.86 | % | (0.94 | )% | $ | 435 | 223 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 22.96 | (0.10 | ) | 1.40 | 1.30 | — | (1.10 | ) | (1.10 | ) | $ | 23.16 | 5.88 | % | 2.78 | % | 2.78 | % | (0.52 | )% | $ | 822 | 192 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 23.76 | (0.19 | ) | (0.61 | ) | (0.80 | ) | — | — | — | $ | 22.96 | (3.37 | )% | 2.75 | % | 2.75 | % | (0.87 | )% | $ | 969 | 159 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
(f) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(g) | As described in Note 9, share amounts have been adjusted for 1:8 reverse share split that occurred on November 18, 2019. |
(h) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for the one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
(i) | Amount is less than $0.005. |
See accompanying notes to the financial statements.
256 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Precious Metals UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 65.60 | 0.12 | (11.95 | ) | (11.83 | ) | — | — | — | $ | 53.77 | (18.03 | )%(d) | 1.50 | % | 1.50 | % | 0.42 | % | $ | 23,027 | 43 | %(d) | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 89.95 | (0.28 | ) | (24.07 | ) | (24.35 | ) | — | — | — | $ | 65.60 | (27.07 | )% | 1.59 | % | 1.59 | % | (0.39 | )% | $ | 35,750 | 128 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 41.21 | (0.38 | ) | 49.12 | 48.74 | — | — | — | $ | 89.95 | 118.27 | % | 1.64 | % | 1.64 | % | (0.73 | )% | $ | 43,584 | 148 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 32.32 | (0.02 | ) | 8.91 | 8.89 | — | — | — | $ | 41.21 | 27.51 | % | 1.62 | % | 1.62 | % | (0.07 | )% | $ | 29,785 | 228 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 39.29 | (0.22 | ) | (6.75 | ) | (6.97 | ) | — | — | — | $ | 32.32 | (17.74 | )% | 1.52 | % | 1.52 | % | (0.60 | )% | $ | 23,965 | 192 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 65.02 | (0.36 | ) | (25.37 | ) | (25.73 | ) | — | — | — | $ | 39.29 | (39.58 | )% | 1.52 | % | 1.52 | % | (0.84 | )% | $ | 26,951 | 309 | % | |||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 55.73 | (0.12 | ) | (10.17 | ) | (10.29 | ) | — | — | — | $ | 45.44 | (18.46 | )%(d) | 2.50 | % | 2.50 | % | (0.58 | )% | $ | 1,109 | 43 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 77.19 | (0.88 | ) | (20.58 | ) | (21.46 | ) | — | — | — | $ | 55.73 | (27.80 | )% | 2.59 | % | 2.59 | % | (1.39 | )% | $ | 1,755 | 128 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 35.72 | (0.83 | ) | 42.30 | 41.47 | — | — | — | $ | 77.19 | 116.10 | % | 2.64 | % | 2.64 | % | (1.73 | )% | $ | 1,557 | 148 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 28.31 | (0.29 | ) | 7.70 | 7.41 | — | — | — | $ | 35.72 | 26.17 | % | 2.62 | % | 2.62 | % | (1.07 | )% | $ | 1,131 | 228 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 34.75 | (0.54 | ) | (5.90 | ) | (6.44 | ) | — | — | — | $ | 28.31 | (18.53 | )% | 2.52 | % | 2.52 | % | (1.60 | )% | $ | 1,465 | 192 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 58.09 | (0.74 | ) | (22.60 | ) | (23.34 | ) | — | — | — | $ | 34.75 | (40.18 | )% | 2.52 | % | 2.52 | % | (1.84 | )% | $ | 1,588 | 309 | % | |||||||||||||||||||||||||||||||
Real Estate UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 63.02 | (0.07 | ) | 1.03 | 0.96 | (0.56 | ) | (7.57 | ) | (8.13 | ) | $ | 55.85 | 0.61 | %(d) | 1.59 | % | 1.59 | % | (0.23 | )% | $ | 17,324 | 142 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 42.23 | (0.18 | ) | 20.97 | 20.79 | — | — | — | $ | 63.02 | 49.23 | % | 1.86 | % | 1.81 | % | (0.33 | )% | $ | 34,877 | 175 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 51.60 | (0.10 | ) | (7.77 | ) | (7.87 | ) | (1.50 | )(e) | — | (1.50 | ) | $ | 42.23 | (15.54 | )% | 1.80 | % | 1.79 | % | (0.20 | )% | $ | 4,991 | 217 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 45.14 | 0.81 | 6.47 | 7.28 | (0.82 | ) | — | (0.82 | ) | $ | 51.60 | 16.49 | % | 1.62 | % | 1.62 | % | 1.71 | % | $ | 25,665 | 345 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 43.65 | 0.22 | �� | 1.27 | 1.49 | — | — | — | $ | 45.14 | 3.41 | % | 1.92 | % | 1.89 | % | 0.52 | % | $ | 6,197 | 374 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 47.55 | 0.09 | (2.52 | ) | (2.43 | ) | (1.47 | )(f) | — | (1.47 | ) | $ | 43.65 | (4.85 | )% | 1.68 | % | 1.68 | % | 0.21 | % | $ | 10,717 | 195 | % | ||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 59.52 | (0.37 | ) | 0.96 | 0.59 | (0.09 | ) | (7.57 | ) | (7.66 | ) | $ | 52.45 | 0.11 | %(d) | 2.59 | % | 2.59 | % | (1.23 | )% | $ | 1,004 | 142 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 40.28 | (0.66 | ) | 19.90 | 19.24 | — | — | — | $ | 59.52 | 47.77 | % | 2.86 | % | 2.81 | % | (1.33 | )% | $ | 964 | 175 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 49.28 | (0.58 | ) | (7.38 | ) | (7.96 | ) | (1.04 | )(e) | — | (1.04 | ) | $ | 40.28 | (16.39 | )% | 2.80 | % | 2.79 | % | (0.12 | )% | $ | 341 | 217 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 42.78 | 0.37 | 6.19 | 6.56 | (0.06 | ) | — | (0.06 | ) | $ | 49.28 | 15.35 | % | 2.62 | % | 2.62 | % | 0.71 | % | $ | 1,007 | 345 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 41.77 | (0.18 | ) | 1.19 | 1.01 | — | — | — | $ | 42.78 | 2.42 | % | 2.92 | % | 2.89 | % | (0.48 | )% | $ | 737 | 374 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 45.73 | (0.32 | ) | (2.44 | ) | (2.76 | ) | (1.20 | )(f) | — | (1.20 | ) | $ | 41.77 | (5.79 | )% | 2.68 | % | 2.68 | % | (0.79 | )% | $ | 692 | 195 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | Subsequent to the issuance of the July 31, 2020 financial statements, $0.60 and $0.42 of the distribution for the Investor class and Service class respectively was determined to be a return of capital. |
(f) | Subsequent to the issuance of the July 31, 2017 financial statements, $0.11 and $0.09 of the distribution for the Investor class and Service class respectively was determined to be a return of capital. |
See accompanying notes to the financial statements.
Financial Highlights :: 257
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
Rising Rates Opportunity ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 25.21 | (0.20 | ) | 0.67 | (d) | 0.47 | — | — | $ | 25.68 | 1.86 | %(e) | 1.60 | % | 1.60 | % | (1.60 | )% | $ | 10,687 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 21.80 | (0.43 | ) | 3.84 | 3.41 | — | — | $ | 25.21 | 15.64 | % | 1.71 | % | 1.69 | % | (1.68 | )% | $ | 9,091 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 35.49 | (0.17 | ) | (13.10 | ) | (13.27 | ) | (0.42 | ) | (0.42 | ) | $ | 21.80 | (37.79 | )% | 1.89 | % | 1.88 | % | (0.60 | )% | $ | 6,105 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 41.55 | 0.27 | (6.33 | ) | (6.06 | ) | — | — | $ | 35.49 | (14.58 | )% | 1.56 | % | 1.56 | % | 0.67 | % | $ | 30,192 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 41.26 | (0.08 | ) | 0.37 | 0.29 | — | — | $ | 41.55 | 0.70 | % | 1.50 | % | 1.50 | % | (0.21 | )% | $ | 26,114 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 36.13 | (0.44 | ) | 5.57 | 5.13 | — | — | $ | 41.26 | 14.10 | % | 1.54 | % | 1.54 | % | (1.06 | )% | $ | 32,933 | — | |||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 22.15 | (0.31 | ) | 0.62 | (d) | 0.31 | — | — | $ | 22.46 | 1.35 | %(e) | 2.60 | % | 2.60 | % | (2.60 | )% | $ | 805 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 19.35 | (0.67 | ) | 3.47 | 2.80 | — | — | $ | 22.15 | 14.52 | % | 2.71 | % | 2.69 | % | (2.68 | )% | $ | 680 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 31.42 | (0.44 | ) | (11.63 | ) | (12.07 | ) | — | — | $ | 19.35 | (38.41 | )% | 2.89 | % | 2.88 | % | (1.60 | )% | $ | 87 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 37.17 | (0.09 | ) | (5.66 | ) | (5.75 | ) | — | — | $ | 31.42 | (15.47 | )% | 2.56 | % | 2.56 | % | (0.33 | )% | $ | 209 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 37.27 | (0.45 | ) | 0.35 | (0.10 | ) | — | — | $ | 37.17 | (0.27 | )% | 2.50 | % | 2.50 | % | (1.21 | )% | $ | 1,031 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 32.96 | (0.81 | ) | 5.12 | 4.31 | — | — | $ | 37.27 | 13.08 | % | 2.54 | % | 2.54 | % | (2.06 | )% | $ | 518 | — | |||||||||||||||||||||||||||||||
Rising Rates Opportunity 10 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 12.32 | (0.11 | ) | 0.47 | 0.36 | — | — | $ | 12.68 | 2.92 | %(e) | 3.01 | % | 1.78 | % | (1.78 | )% | $ | 2,770 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 12.02 | (0.22 | ) | 0.52 | 0.30 | — | — | $ | 12.32 | 2.50 | % | 2.69 | % | 1.78 | % | (1.77 | )% | $ | 1,832 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 14.16 | (0.09 | ) | (1.97 | ) | (2.06 | ) | (0.08 | ) | (0.08 | ) | $ | 12.02 | (14.62 | )% | 2.66 | % | 1.85 | % | (0.71 | )% | $ | 1,773 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 15.46 | 0.06 | (1.36 | ) | (1.30 | ) | — | — | $ | 14.16 | (8.41 | )% | 1.79 | % | 1.74 | % | 0.38 | % | $ | 2,683 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 14.91 | (0.06 | ) | 0.61 | 0.55 | — | — | $ | 15.46 | 3.69 | % | 1.73 | % | 1.73 | % | (0.37 | )% | $ | 16,172 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 14.26 | (0.18 | ) | 0.83 | 0.65 | — | — | $ | 14.91 | 4.48 | % | 1.73 | % | 1.73 | % | (1.22 | )% | $ | 8,677 | — | |||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 11.34 | (0.17 | ) | 0.44 | 0.27 | — | — | $ | 11.61 | 2.38 | %(e) | 4.01 | % | 2.78 | % | (2.78 | )% | $ | 150 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.18 | (0.34 | ) | 0.50 | 0.16 | — | — | $ | 11.34 | 1.43 | % | 3.69 | % | 2.78 | % | (2.77 | )% | $ | 121 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 13.22 | (0.22 | ) | (1.82 | ) | (2.04 | ) | — | — | $ | 11.18 | (15.43 | )% | 3.66 | % | 2.85 | % | (1.71 | )% | $ | 82 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 14.57 | (0.08 | ) | (1.27 | ) | (1.35 | ) | — | — | $ | 13.22 | (9.27 | )% | 2.79 | % | 2.74 | % | (0.62 | )% | $ | 288 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 14.20 | (0.20 | ) | 0.57 | 0.37 | — | — | $ | 14.57 | 2.61 | % | 2.73 | % | 2.73 | % | (1.37 | )% | $ | 350 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 13.72 | (0.33 | ) | 0.81 | 0.48 | — | — | $ | 14.20 | 3.50 | % | 2.73 | % | 2.73 | % | (2.22 | )% | $ | 486 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(e) | Not annualized for periods less than one year. |
(f) | As described in Note 9, share amounts adjusted for 1:8 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
258 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Rising U.S. Dollar ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 27.16 | (0.25 | ) | 1.35 | 1.10 | — | — | — | $ | 28.26 | 4.05 | %(d) | 2.19 | % | 1.78 | % | (1.78 | )% | $ | 23,714 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 27.99 | (0.48 | ) | (0.35 | ) | (0.83 | ) | — | — | — | $ | 27.16 | (2.97 | )% | 2.13 | % | 1.78 | % | (1.77 | )% | $ | 6,264 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 29.59 | (0.24 | ) | (1.28 | ) | (1.52 | ) | (0.08 | ) | — | (0.08 | ) | $ | 27.99 | (5.15 | )% | 1.97 | % | 1.78 | % | (0.82 | )% | $ | 7,263 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 27.81 | 0.08 | 1.82 | 1.90 | — | (0.12 | ) | (0.12 | ) | $ | 29.59 | 6.85 | % | 1.87 | % | 1.81 | % | 0.28 | % | $ | 12,437 | — | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 27.10 | (0.15 | ) | 0.86 | 0.71 | — | — | — | $ | 27.81 | 2.62 | % | 1.80 | % | 1.80 | % | (0.57 | )% | $ | 14,793 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 28.06 | (0.36 | ) | (0.60 | ) | (0.96 | ) | — | — | — | $ | 27.10 | (3.42 | )% | 1.67 | % | 1.67 | % | (1.25 | )% | $ | 17,956 | — | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 23.77 | (0.37 | ) | 1.22 | 0.85 | — | — | — | $ | 24.62 | 3.53 | %(d) | 3.19 | % | 2.78 | % | (2.78 | )% | $ | 54 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 24.74 | (0.72 | ) | (0.25 | ) | (0.97 | ) | — | — | — | $ | 23.77 | (3.92 | )% | 3.13 | % | 2.78 | % | (2.77 | )% | $ | 52 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 26.34 | (0.50 | ) | (1.10 | ) | (1.60 | ) | — | — | — | $ | 24.74 | (6.07 | )% | 2.97 | % | 2.78 | % | (1.82 | )% | $ | 63 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 25.02 | (0.18 | ) | 1.62 | 1.44 | — | (0.12 | ) | (0.12 | ) | $ | 26.34 | 5.77 | % | 2.87 | % | 2.81 | % | (0.72 | )% | $ | 144 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 24.59 | (0.40 | ) | 0.83 | 0.43 | — | — | — | $ | 25.02 | 1.67 | % | 2.80 | % | 2.80 | % | (1.57 | )% | $ | 1,002 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 25.74 | (0.62 | ) | (0.53 | ) | (1.15 | ) | — | — | — | $ | 24.59 | (4.39 | )% | 2.67 | % | 2.67 | % | (2.25 | )% | $ | 4,399 | — | ||||||||||||||||||||||||||||||||
Semiconductor UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 118.09 | (0.46 | ) | 13.45 | (e) | 12.99 | — | (6.62 | ) | (6.62 | ) | $ | 124.46 | 9.88 | %(d) | 1.44 | % | 1.44 | % | (0.69 | )% | $ | 97,030 | 27 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 63.61 | (0.58 | ) | 55.06 | 54.48 | — | — | — | $ | 118.09 | 85.65 | % | 1.58 | % | 1.58 | % | (0.63 | )% | $ | 79,845 | 70 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 46.14 | 0.06 | 18.69 | 18.75 | (0.02 | ) | (1.26 | ) | (1.28 | ) | $ | 63.61 | 42.27 | % | 1.65 | % | 1.65 | % | 0.11 | % | $ | 51,355 | 169 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 61.56 | 0.34 | (2.58 | ) | (2.24 | ) | (0.53 | ) | (12.65 | ) | (13.18 | ) | $ | 46.14 | 5.55 | % | 1.55 | % | 1.55 | % | 0.69 | % | $ | 64,715 | 106 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 48.20 | 0.04 | 19.14 | 19.18 | (0.06 | ) | (5.76 | ) | (5.82 | ) | $ | 61.56 | 40.36 | % | 1.44 | % | 1.44 | % | 0.07 | % | $ | 245,143 | 56 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 33.02 | — | (f) | 15.36 | 15.36 | (0.06 | ) | (0.12 | ) | (0.18 | ) | $ | 48.20 | 46.57 | % | 1.46 | % | 1.46 | % | — | %(g) | $ | 176,966 | 27 | % | ||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 88.98 | (0.97 | ) | 10.59 | (e) | 9.62 | — | (6.62 | ) | (6.62 | ) | $ | 91.98 | 9.33 | %(d) | 2.44 | % | 2.44 | % | (1.69 | )% | $ | 6,220 | 27 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 48.41 | (1.29 | ) | 41.86 | 40.57 | — | — | — | $ | 88.98 | 83.81 | % | 2.58 | % | 2.58 | % | (1.63 | )% | $ | 5,376 | 70 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 35.79 | (0.34 | ) | 14.22 | 13.88 | — | (1.26 | ) | (1.26 | ) | $ | 48.41 | 40.81 | % | 2.65 | % | 2.65 | % | (0.89 | )% | $ | 2,187 | 169 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 51.46 | (0.04 | ) | (2.98 | ) | (3.02 | ) | — | (12.65 | ) | (12.65 | ) | $ | 35.79 | 4.49 | % | 2.55 | % | 2.55 | % | (0.31 | )% | $ | 1,984 | 106 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 41.34 | (0.47 | ) | 16.35 | 15.88 | — | (5.76 | ) | (5.76 | ) | $ | 51.46 | 38.97 | % | 2.44 | % | 2.44 | % | (0.93 | )% | $ | 4,691 | 56 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 28.58 | (0.35 | ) | 13.23 | 12.88 | — | (0.12 | ) | (0.12 | ) | $ | 41.34 | 45.10 | % | 2.46 | % | 2.46 | % | (1.00 | )% | $ | 4,151 | 27 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(f) | Amount is less than $0.005. |
(g) | Amount is less than 0.005%. |
See accompanying notes to the financial statements.
Financial Highlights :: 259
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
Short Nasdaq-100 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 14.29 | (0.12 | ) | (0.47 | ) | (0.59 | ) | — | — | $ | 13.70 | (4.13 | )%(d) | 2.43 | % | 1.78 | % | (1.78 | )% | $ | 88,109 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 20.87 | (0.31 | ) | (6.27 | )(e) | (6.58 | ) | — | — | $ | 14.29 | (31.63 | )% | 2.02 | % | 1.78 | % | (1.76 | )% | $ | 1,764 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 33.46 | (0.18 | ) | (12.32 | ) | (12.50 | ) | (0.09 | ) | (0.09 | ) | $ | 20.87 | (37.32 | )% | 2.01 | % | 1.78 | % | (1.00 | )% | $ | 2,400 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 37.30 | 0.16 | (4.00 | ) | (3.84 | ) | — | — | $ | 33.46 | (10.40 | )% | 2.37 | % | 1.78 | % | 0.46 | % | $ | 4,429 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 47.10 | (0.20 | ) | (9.60 | ) | (9.80 | ) | — | — | $ | 37.30 | (20.66 | )% | 2.42 | % | 1.78 | % | (0.44 | )% | $ | 2,572 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 60.02 | (0.76 | ) | (12.16 | ) | (12.92 | ) | — | — | $ | 47.10 | (21.65 | )% | 2.24 | % | 1.77 | % | (1.37 | )% | $ | 2,444 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 12.68 | (0.18 | ) | (0.41 | ) | (0.59 | ) | — | — | $ | 12.09 | (4.65 | )%(d) | 3.43 | % | 2.78 | % | (2.78 | )% | $ | 90 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 18.67 | (0.46 | ) | (5.53 | )(e) | (5.99 | ) | — | — | $ | 12.68 | (32.26 | )% | 3.02 | % | 2.78 | % | (2.76 | )% | $ | 111 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 30.15 | (0.33 | ) | (11.15 | ) | (11.48 | ) | — | — | $ | 18.67 | (37.93 | )% | 3.01 | % | 2.78 | % | (2.00 | )% | $ | 320 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 33.96 | (0.16 | ) | (3.65 | ) | (3.81 | ) | — | — | $ | 30.15 | (11.19 | )% | 3.37 | % | 2.78 | % | (0.54 | )% | $ | 788 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 43.27 | (0.56 | ) | (8.75 | ) | (9.31 | ) | — | — | $ | 33.96 | (21.46 | )% | 3.42 | % | 2.78 | % | (1.44 | )% | $ | 360 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 55.70 | (1.28 | ) | (11.15 | ) | (12.43 | ) | — | — | $ | 43.27 | (22.40 | )% | 3.24 | % | 2.77 | % | (2.37 | )% | $ | 141 | — | |||||||||||||||||||||||||||||
Short Oil & Gas ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 32.82 | (0.25 | ) | (9.47 | ) | (9.72 | ) | — | — | $ | 23.10 | (29.62 | )%(d) | 5.20 | % | 1.78 | % | (1.78 | )% | $ | 379 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 55.89 | (0.85 | ) | (22.22 | ) | (23.07 | ) | — | — | $ | 32.82 | (41.28 | )% | 3.16 | % | 1.78 | % | (1.76 | )% | $ | 418 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 46.83 | (0.46 | ) | 9.65 | 9.19 | (0.13 | ) | (0.13 | ) | $ | 55.89 | 19.69 | % | 2.84 | % | 1.78 | % | (0.84 | )% | $ | 2,804 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 39.19 | 0.19 | 7.45 | 7.64 | — | — | $ | 46.83 | 19.49 | % | 3.34 | % | 1.78 | % | 0.43 | % | $ | 2,115 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 48.45 | (0.21 | ) | (9.05 | ) | (9.26 | ) | — | — | $ | 39.19 | (19.11 | )% | 2.62 | % | 1.78 | % | (0.48 | )% | $ | 1,636 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(g) | $ | 50.10 | (0.61 | ) | (1.04 | ) | (1.65 | ) | — | — | $ | 48.45 | (3.25 | )% | 2.76 | % | 1.77 | % | (1.30 | )% | $ | 2,491 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 30.52 | (0.39 | ) | (8.76 | ) | (9.15 | ) | — | — | $ | 21.37 | (30.00 | )%(d) | 6.20 | % | 2.78 | % | (2.78 | )% | $ | 5 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 52.45 | (1.25 | ) | (20.68 | ) | (21.93 | ) | — | — | $ | 30.52 | (41.81 | )% | 4.15 | % | 2.77 | % | (2.75 | )% | $ | 25 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 44.39 | (0.99 | ) | 9.05 | 8.06 | — | — | $ | 52.45 | 18.63 | % | 3.84 | % | 2.78 | % | (1.84 | )% | $ | 32 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 37.27 | (0.24 | ) | 7.36 | 7.12 | — | — | $ | 44.39 | 18.39 | % | 4.34 | % | 2.78 | % | (0.57 | )% | $ | 3 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 46.66 | (0.68 | ) | (8.71 | ) | (9.39 | ) | — | — | $ | 37.27 | (19.95 | )% | 3.62 | % | 2.78 | % | (1.48 | )% | $ | 3 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(g) | $ | 48.73 | (1.06 | ) | (1.01 | ) | (2.07 | ) | — | — | $ | 46.66 | (4.21 | )% | 3.76 | % | 2.77 | % | (2.30 | )% | $ | 139 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | Not annualized for periods less than one year. |
(e) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(f) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on November 18, 2019. |
(g) | As described in Note 9, share amounts have been adjusted for 1:8 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
260 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
Short Precious Metals ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 14.83 | (0.14 | ) | 1.12 | 0.98 | — | — | $ | 15.81 | 6.61 | %(d) | 2.67 | % | 1.78 | % | (1.78 | )% | $ | 3,931 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 14.53 | (0.27 | ) | 0.57 | 0.30 | — | — | $ | 14.83 | 2.06 | % | 2.86 | % | 1.78 | % | (1.76 | )% | $ | 2,144 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 32.94 | (0.12 | ) | (18.02 | ) | (18.14 | ) | (0.27 | ) | (0.27 | ) | $ | 14.53 | (55.43 | )% | 2.97 | % | 1.78 | % | (0.47 | )% | $ | 1,564 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 42.91 | 0.20 | (10.17 | ) | (9.97 | ) | — | — | $ | 32.94 | (23.23 | )% | 2.13 | % | 1.78 | % | 0.47 | % | $ | 4,649 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 40.33 | (0.21 | ) | 2.79 | 2.58 | — | — | $ | 42.91 | 6.40 | % | 2.18 | % | 1.78 | % | (0.53 | )% | $ | 6,552 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 35.17 | (0.57 | ) | 5.73 | 5.16 | — | — | $ | 40.33 | 14.57 | % | 2.00 | % | 1.85 | % | (1.39 | )% | $ | 3,432 | — | |||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 14.43 | (0.22 | ) | 1.09 | 0.87 | — | — | $ | 15.30 | 5.96 | %(d) | 3.67 | % | 2.78 | % | (2.78 | )% | $ | 15 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 14.31 | (0.42 | ) | 0.54 | 0.12 | — | — | $ | 14.43 | 0.84 | % | 3.86 | % | 2.78 | % | (2.76 | )% | $ | 14 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 32.41 | (0.36 | ) | (17.74 | ) | (18.10 | ) | — | — | $ | 14.31 | (55.85 | )% | 3.97 | % | 2.78 | % | (1.47 | )% | $ | 65 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 42.65 | (0.22 | ) | (10.02 | ) | (10.24 | ) | — | — | $ | 32.41 | (24.01 | )% | 3.13 | % | 2.78 | % | (0.53 | )% | $ | 26 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 40.48 | (0.61 | ) | 2.78 | 2.17 | — | — | $ | 42.65 | 5.36 | % | 3.18 | % | 2.78 | % | (1.53 | )% | $ | 42 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 35.70 | (0.97 | ) | 5.75 | 4.78 | — | — | $ | 40.48 | 13.45 | % | 3.00 | % | 2.85 | % | (2.39 | )% | $ | 336 | — | |||||||||||||||||||||||||||||||
Short Real Estate ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | �� | |||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 8.19 | (0.07 | ) | (0.20 | ) | (0.27 | ) | — | — | $ | 7.92 | (3.30 | )%(d) | 8.88 | % | 1.78 | % | (1.78 | )% | $ | 733 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.45 | (0.19 | ) | (3.07 | ) | (3.26 | ) | — | — | $ | 8.19 | (28.47 | )% | 4.69 | % | 1.78 | % | (1.76 | )% | $ | 515 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 12.89 | (0.14 | ) | (1.30 | ) | (1.44 | ) | — | — | $ | 11.45 | (11.17 | )% | 4.05 | % | 1.78 | % | (1.09 | )% | $ | 1,720 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 14.61 | 0.06 | (1.78 | ) | (1.72 | ) | — | — | $ | 12.89 | (11.77 | )% | 3.76 | % | 1.78 | % | 0.40 | % | $ | 1,199 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 15.43 | (0.06 | ) | (0.76 | ) | (0.82 | ) | — | — | $ | 14.61 | (5.31 | )% | 3.16 | % | 1.78 | % | (0.38 | )% | $ | 1,453 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 15.67 | (0.23 | ) | (0.01 | ) | (0.24 | ) | — | — | $ | 15.43 | (1.53 | )% | 3.33 | % | 1.78 | % | (1.39 | )% | $ | 772 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 7.19 | (0.11 | ) | (0.16 | ) | (0.27 | ) | — | — | $ | 6.92 | (3.76 | )%(d) | 9.88 | % | 2.78 | % | (2.78 | )% | $ | 14 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 10.15 | (0.28 | ) | (2.68 | ) | (2.96 | ) | — | — | $ | 7.19 | (29.16 | )% | 5.69 | % | 2.78 | % | (2.76 | )% | $ | 14 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 11.53 | (0.25 | ) | (1.13 | ) | (1.38 | ) | — | — | $ | 10.15 | (12.05 | )% | 5.05 | % | 2.78 | % | (2.09 | )% | $ | 20 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 13.20 | (0.07 | ) | (1.60 | ) | (1.67 | ) | — | — | $ | 11.53 | (12.58 | )% | 4.76 | % | 2.78 | % | (0.60 | )% | $ | 15 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 14.08 | (0.20 | ) | (0.68 | ) | (0.88 | ) | — | — | $ | 13.20 | (6.25 | )% | 4.16 | % | 2.78 | % | (1.38 | )% | $ | 364 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 14.45 | (0.39 | ) | 0.02 | (0.37 | ) | — | — | $ | 14.08 | (2.56 | )% | 4.33 | % | 2.78 | % | (2.39 | )% | $ | 10 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts adjusted for 1:8 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
Financial Highlights :: 261
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Short Small-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 6.94 | (0.06 | ) | 0.41 | (d) | 0.35 | — | — | — | $ | 7.29 | 5.04 | %(e) | 3.16 | % | 1.78 | % | (1.78 | )% | $ | 1,144 | — | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.43 | (0.15 | ) | (4.34 | ) | (4.49 | ) | — | — | — | $ | 6.94 | (39.23 | )% | 3.63 | % | 1.78 | % | (1.77 | )% | $ | 1,089 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 13.10 | (0.13 | ) | (1.44 | ) | (1.57 | ) | (0.10 | ) | — | (0.10 | ) | $ | 11.43 | (12.09 | )% | 3.28 | % | 1.78 | % | (0.98 | )% | $ | 1,802 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 12.68 | 0.06 | 0.36 | 0.42 | — | — | — | $ | 13.10 | 3.31 | % | 2.76 | % | 1.78 | % | 0.44 | % | $ | 1,138 | — | |||||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 15.29 | (0.09 | ) | (2.52 | ) | (2.61 | ) | — | — | — | $ | 12.68 | (17.07 | )% | 2.73 | % | 1.86 | % | (0.61 | )% | $ | 3,456 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 18.74 | (0.25 | ) | (3.20 | ) | (3.45 | ) | — | — | — | $ | 15.29 | (18.41 | )% | 2.09 | % | 1.85 | % | (1.44 | )% | $ | 1,526 | — | ||||||||||||||||||||||||||||||||
Service Class | �� | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 6.59 | (0.09 | ) | 0.38 | (d) | 0.29 | — | — | — | $ | 6.88 | 4.25 | %(e) | 4.16 | % | 2.78 | % | (2.78 | )% | $ | 45 | — | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 10.96 | (0.23 | ) | (4.14 | ) | (4.37 | ) | — | — | — | $ | 6.59 | (39.87 | )% | 4.63 | % | 2.78 | % | (2.77 | )% | $ | 24 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 12.60 | (0.26 | ) | (1.38 | ) | (1.64 | ) | — | — | — | $ | 10.96 | (13.02 | )% | 4.28 | % | 2.78 | % | (1.98 | )% | $ | 33 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 12.31 | (0.07 | ) | 0.36 | 0.29 | — | — | — | $ | 12.60 | 2.27 | % | 3.75 | % | 2.77 | % | (0.55 | )% | $ | 33 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 15.01 | (0.22 | ) | (2.48 | ) | (2.70 | ) | — | — | — | $ | 12.31 | (17.92 | )% | 3.73 | % | 2.86 | % | (1.61 | )% | $ | 155 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 18.58 | (0.42 | ) | (3.15 | ) | (3.57 | ) | — | — | — | $ | 15.01 | (19.21 | )% | 3.09 | % | 2.85 | % | (2.44 | )% | $ | 373 | — | ||||||||||||||||||||||||||||||||
Small-Cap Growth ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 126.49 | (0.43 | ) | (6.73 | ) | (7.16 | ) | — | (10.08 | ) | (10.08 | ) | $ | 109.25 | (6.23 | )%(e) | 1.88 | % | 1.88 | % | (0.70 | )% | $ | 4,860 | 67 | %(e) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 86.21 | (0.88 | ) | 41.16 | 40.28 | — | — | — | $ | 126.49 | 46.72 | % | 1.60 | % | 1.60 | % | (0.81 | )% | $ | 9,062 | 659 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 89.25 | (0.66 | ) | (2.38 | ) | (3.04 | ) | — | — | — | $ | 86.21 | (3.41 | )% | 1.83 | % | 1.83 | % | (0.80 | )% | $ | 7,867 | 442 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 99.63 | (0.61 | ) | (6.40 | ) | (7.01 | ) | — | (3.37 | ) | (3.37 | ) | $ | 89.25 | (6.53 | )% | 1.65 | % | 1.65 | % | (0.67 | )% | $ | 10,121 | 474 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 80.84 | (0.72 | ) | 19.51 | 18.79 | — | — | — | $ | 99.63 | 23.24 | % | 1.68 | % | 1.68 | % | (0.81 | )% | $ | 28,543 | 629 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 69.40 | (0.43 | ) | 11.87 | 11.44 | — | — | — | $ | 80.84 | 16.48 | % | 1.78 | % | 1.78 | % | (0.57 | )% | $ | 15,569 | 511 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 101.09 | (0.93 | ) | (5.11 | ) | (6.04 | ) | — | (10.08 | ) | (10.08 | ) | $ | 84.97 | (6.70 | )%(e) | 2.88 | % | 2.88 | % | (1.70 | )% | $ | 751 | 67 | %(e) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 69.60 | (1.76 | ) | 33.25 | 31.49 | — | — | — | $ | 101.09 | 45.24 | % | 2.60 | % | 2.60 | % | (1.81 | )% | $ | 833 | 659 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 72.78 | (1.36 | ) | (1.82 | ) | (3.18 | ) | — | — | — | $ | 69.60 | (4.36 | )% | 2.83 | % | 2.83 | % | (1.80 | )% | $ | 782 | 442 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 82.80 | (1.37 | ) | (5.28 | ) | (6.65 | ) | — | (3.37 | ) | (3.37 | ) | $ | 72.78 | (7.46 | )% | 2.65 | % | 2.65 | % | (1.67 | )% | $ | 1,905 | 474 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 67.86 | (1.44 | ) | 16.38 | 14.94 | — | — | — | $ | 82.80 | 22.02 | % | 2.68 | % | 2.68 | % | (1.81 | )% | $ | 1,751 | 629 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 58.86 | (1.08 | ) | 10.08 | 9.00 | — | — | — | $ | 67.86 | 15.27 | % | 2.78 | % | 2.78 | % | (1.57 | )% | $ | 2,651 | 511 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(e) | Not annualized for periods less than one year. |
See accompanying notes to the financial statements.
262 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Small-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 117.00 | (0.62 | ) | (10.38 | ) | (11.00 | ) | — | — | — | $ | 106.00 | (9.39 | )%(d) | 1.96 | % | 1.78 | % | (1.08 | )% | $ | 5,990 | 28 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 78.58 | (1.51 | ) | 39.93 | 38.42 | — | — | — | $ | 117.00 | 48.89 | % | 2.03 | % | 1.81 | % | (1.40 | )% | $ | 9,241 | 115 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 85.23 | (0.78 | ) | (5.87 | ) | (6.65 | ) | — | — | — | $ | 78.58 | (7.80 | )%(e) | 2.42 | % | 2.07 | %(f) | (0.98 | )% | $ | 3,030 | 109 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 90.80 | (0.04 | ) | (5.53 | ) | (5.57 | ) | — | — | — | $ | 85.23 | (6.13 | )% | 1.77 | % | 1.77 | % | (0.05 | )% | $ | 8,261 | 11 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 78.18 | (0.28 | ) | 12.90 | 12.62 | — | — | — | $ | 90.80 | 16.14 | % | 1.58 | % | 1.58 | % | (0.34 | )% | $ | 43,292 | 63 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 67.60 | (0.66 | ) | 11.24 | 10.58 | — | — | — | $ | 78.18 | 15.65 | % | 1.79 | % | 1.76 | % | (0.90 | )% | $ | 28,094 | 401 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 95.85 | (1.11 | ) | (8.33 | ) | (9.44 | ) | — | — | — | $ | 86.41 | (9.86 | )%(d) | 2.96 | % | 2.78 | % | (2.08 | )% | $ | 373 | 28 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 65.02 | (2.40 | ) | 33.23 | 30.83 | — | — | — | $ | 95.85 | 47.43 | % | 3.03 | % | 2.81 | % | (2.40 | )% | $ | 668 | 115 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 71.24 | (1.45 | ) | (4.77 | ) | (6.22 | ) | — | — | — | $ | 65.02 | (8.74 | )%(e) | 3.42 | % | 3.07 | %(f) | (1.98 | )% | $ | 237 | 109 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 76.65 | (0.77 | ) | (4.64 | ) | (5.41 | ) | — | — | — | $ | 71.24 | (7.05 | )% | 2.77 | % | 2.77 | % | (1.05 | )% | $ | 408 | 11 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 66.62 | (1.01 | ) | 11.04 | 10.03 | — | — | — | $ | 76.65 | 15.06 | % | 2.58 | % | 2.58 | % | (1.34 | )% | $ | 2,705 | 63 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 58.16 | (1.29 | ) | 9.75 | 8.46 | — | — | — | $ | 66.62 | 14.53 | % | 2.79 | % | 2.76 | % | (1.90 | )% | $ | 1,260 | 401 | % | |||||||||||||||||||||||||||||||||
Small-Cap Value ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 104.97 | 0.17 | (0.69 | ) | (0.52 | ) | (0.20 | ) | — | (0.20 | ) | $ | 104.25 | (0.51 | )%(d) | 1.64 | % | 1.64 | % | 0.33 | % | $ | 11,530 | 149 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 64.53 | 0.11 | 40.33 | 40.44 | — | — | — | $ | 104.97 | 62.67 | % | 1.61 | % | 1.61 | % | 0.12 | % | $ | 14,775 | 547 | % | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 78.32 | (0.16 | ) | (13.57 | ) | (13.73 | ) | (0.06 | ) | — | (0.06 | ) | $ | 64.53 | (17.55 | )% | 2.02 | % | 2.02 | %(f) | (0.22 | )% | $ | 4,232 | 624 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 98.51 | (0.23 | ) | (10.96 | ) | (11.19 | ) | — | (9.00 | ) | (9.00 | ) | $ | 78.32 | (9.96 | )% | 1.74 | % | 1.74 | % | (0.27 | )% | $ | 5,380 | 427 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 83.05 | (0.19 | ) | 15.65 | 15.46 | — | — | — | $ | 98.51 | 18.61 | % | 1.75 | % | 1.75 | % | (0.21 | )% | $ | 32,670 | 447 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 72.53 | (0.17 | ) | 10.69 | 10.52 | — | — | — | $ | 83.05 | 14.49 | % | 1.78 | % | 1.78 | % | (0.21 | )% | $ | 13,113 | 393 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 84.68 | (0.26 | ) | (0.60 | ) | (0.86 | ) | — | — | — | $ | 83.82 | (1.02 | )%(d) | 2.64 | % | 2.64 | % | (0.67 | )% | $ | 744 | 149 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 52.57 | (0.67 | ) | 32.78 | 32.11 | — | — | — | $ | 84.68 | 61.08 | % | 2.61 | % | 2.61 | % | (0.88 | )% | $ | 770 | 547 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 64.40 | (0.74 | ) | (11.09 | ) | (11.83 | ) | — | — | — | $ | 52.57 | (18.37 | )% | 3.02 | % | 3.02 | %(f) | (1.22 | )% | $ | 320 | 624 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 83.80 | (0.92 | ) | (9.48 | ) | (10.40 | ) | — | (9.00 | ) | (9.00 | ) | $ | 64.40 | (10.83 | )% | 2.74 | % | 2.74 | % | (1.27 | )% | $ | 429 | 427 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 71.35 | (0.96 | ) | 13.41 | 12.45 | — | — | — | $ | 83.80 | 17.45 | % | 2.75 | % | 2.75 | % | (1.21 | )% | $ | 480 | 447 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 62.93 | (0.85 | ) | 9.27 | 8.42 | — | — | — | $ | 71.35 | 13.34 | % | 2.78 | % | 2.78 | % | (1.21 | )% | $ | 657 | 393 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | During the year ended July 31, 2020, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was 0.15%. |
(f) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
See accompanying notes to the financial statements.
Financial Highlights :: 263
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
Technology UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 124.76 | (0.62 | ) | 4.64 | 4.02 | — | (9.14 | ) | (9.14 | ) | $ | 119.64 | 2.25 | %(d) | 1.43 | % | 1.43 | % | (0.95 | )% | $ | 79,205 | 23 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 75.45 | (0.90 | ) | 52.38 | 51.48 | — | (2.17 | ) | (2.17 | ) | $ | 124.76 | 69.21 | % | 1.55 | % | 1.55 | % | (0.97 | )% | $ | 95,384 | 114 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 49.47 | (0.29 | ) | 26.27 | 25.98 | — | — | — | $ | 75.45 | 52.51 | % | 1.65 | % | 1.65 | % | (0.51 | )% | $ | 86,988 | 177 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 42.49 | 0.03 | 7.03 | 7.06 | — | (0.08 | ) | (0.08 | ) | $ | 49.47 | 16.70 | % | 1.58 | % | 1.58 | % | 0.06 | % | $ | 83,112 | 332 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 32.01 | (0.07 | ) | 12.23 | 12.16 | — | (1.68 | ) | (1.68 | ) | $ | 42.49 | 38.70 | % | 1.49 | % | 1.49 | % | (0.19 | )% | $ | 96,683 | 174 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 22.57 | (0.10 | ) | 9.54 | 9.44 | — | — | — | $ | 32.01 | 41.84 | % | 1.55 | % | 1.55 | % | (0.35 | )% | $ | 76,225 | 107 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 101.80 | (1.16 | ) | 4.15 | 2.99 | — | (9.14 | ) | (9.14 | ) | $ | 95.65 | 1.72 | %(d) | 2.43 | % | 2.43 | % | (1.95 | )% | $ | 5,345 | 23 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 62.48 | (1.70 | ) | 43.19 | 41.49 | — | (2.17 | ) | (2.17 | ) | $ | 101.80 | 67.57 | % | 2.55 | % | 2.55 | % | (1.97 | )% | $ | 6,454 | 114 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 41.38 | (0.75 | ) | 21.85 | 21.10 | — | — | — | $ | 62.48 | 50.97 | % | 2.65 | % | 2.65 | % | (1.51 | )% | $ | 2,858 | 177 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 35.92 | (0.34 | ) | 5.88 | 5.54 | — | (0.08 | ) | (0.08 | ) | $ | 41.38 | 15.53 | % | 2.58 | % | 2.58 | % | (0.94 | )% | $ | 3,082 | 332 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 27.54 | (0.40 | ) | 10.46 | 10.06 | — | (1.68 | ) | (1.68 | ) | $ | 35.92 | 37.31 | % | 2.49 | % | 2.49 | % | (1.19 | )% | $ | 5,780 | 174 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 19.61 | (0.34 | ) | 8.27 | 7.93 | — | — | — | $ | 27.54 | 40.43 | % | 2.55 | % | 2.55 | % | (1.35 | )% | $ | 3,631 | 107 | % | |||||||||||||||||||||||||||||||||
Telecommunications UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 25.43 | 0.09 | (0.75 | ) | (0.66 | ) | (0.13 | ) | — | (0.13 | ) | $ | 24.64 | (2.64 | )%(d) | 4.43 | % | 1.78 | % | 0.68 | % | $ | 972 | 76 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 19.67 | 0.10 | 5.78 | 5.88 | (0.12 | ) | — | (0.12 | ) | $ | 25.43 | 30.01 | % | 4.54 | % | 1.78 | % | 0.47 | % | $ | 1,118 | 286 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 21.80 | 0.12 | (1.88 | ) | (1.76 | ) | (0.37 | ) | — | (0.37 | ) | $ | 19.67 | (8.22 | )% | 5.13 | % | 1.78 | % | 0.63 | % | $ | 862 | 132 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 21.33 | 0.07 | 0.92 | 0.99 | (0.52 | ) | — | (0.52 | ) | $ | 21.80 | 5.18 | % | 2.16 | % | 1.80 | % | 0.36 | % | $ | 1,468 | 1,449 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 24.17 | 0.39 | (2.30 | ) | (1.91 | ) | (0.93 | ) | — | (0.93 | ) | $ | 21.33 | (8.45 | )% | 2.64 | % | 1.95 | % | 1.74 | % | $ | 1,900 | 412 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 27.53 | 0.20 | (3.56 | ) | (3.36 | ) | — | — | — | $ | 24.17 | (12.20 | )% | 1.78 | % | 1.65 | % | 0.78 | % | $ | 3,146 | 194 | % | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 24.41 | (0.04 | ) | (0.72 | ) | (0.76 | ) | — | — | — | $ | 23.65 | (3.11 | )%(d) | 5.43 | % | 2.78 | % | (0.32 | )% | $ | 117 | 76 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 18.96 | (0.11 | ) | 5.56 | 5.45 | — | — | — | $ | 24.41 | 28.74 | % | 5.54 | % | 2.78 | % | (0.53 | )% | $ | 56 | 286 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 20.99 | (0.07 | ) | (1.86 | ) | (1.93 | ) | (0.10 | ) | — | (0.10 | ) | $ | 18.96 | (9.22 | )% | 6.13 | % | 2.78 | % | (0.37 | )% | $ | 44 | 132 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 20.24 | (0.13 | ) | 0.96 | 0.83 | (0.08 | ) | — | (0.08 | ) | $ | 20.99 | 4.17 | % | 3.16 | % | 2.80 | % | (0.64 | )% | $ | 75 | 1,449 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 22.78 | 0.18 | (2.26 | ) | (2.08 | ) | (0.46 | ) | — | (0.46 | ) | $ | 20.24 | (9.41 | )% | 3.64 | % | 2.95 | % | 0.74 | % | $ | 91 | 412 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 26.20 | (0.04 | ) | (3.38 | ) | (3.42 | ) | — | — | — | $ | 22.78 | (13.09 | )% | 2.78 | % | 2.65 | % | (0.22 | )% | $ | 109 | 194 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 3:1 share split that occurred on November 18, 2019. |
See accompanying notes to the financial statements.
264 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
UltraBear ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 21.42 | (0.18 | ) | (1.95 | ) | (2.13 | ) | — | — | — | $ | 19.29 | (9.94 | )%(d) | 2.06 | % | 1.78 | % | (1.78 | )% | $ | 9,156 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 43.58 | (0.53 | ) | (21.48 | ) | (22.01 | ) | (0.15 | ) | — | (0.15 | ) | $ | 21.42 | (50.64 | )% | 2.08 | % | 1.78 | % | (1.77 | )% | $ | 5,438 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 76.76 | (0.52 | ) | (32.66 | ) | (33.18 | ) | — | — | — | $ | 43.58 | (43.20 | )% | 2.04 | % | 1.78 | % | (0.80 | )% | $ | 9,880 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 91.23 | 0.40 | (14.87 | ) | (14.47 | ) | — | — | — | $ | 76.76 | (15.87 | )% | 1.95 | % | 1.84 | % | 0.44 | % | $ | 8,869 | — | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 125.67 | (0.56 | ) | (33.88 | ) | (34.44 | ) | — | — | — | $ | 91.23 | (27.40 | )% | 1.89 | % | 1.87 | % | (0.54 | )% | $ | 8,335 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(f) | $ | 171.88 | (1.76 | ) | (44.45 | ) | (46.21 | ) | — | — | — | $ | 125.67 | (26.93 | )% | 1.66 | % | 1.66 | % | (1.18 | )% | $ | 11,709 | — | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 19.19 | (0.27 | ) | (1.73 | ) | (2.00 | ) | — | — | — | $ | 17.19 | (10.47 | )%(d) | 3.06 | % | 2.78 | % | (2.78 | )% | $ | 12 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 39.25 | (0.81 | ) | (19.25 | ) | (20.06 | ) | — | — | — | $ | 19.19 | (51.07 | )% | 3.08 | % | 2.78 | % | (2.77 | )% | $ | 14 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 69.86 | (1.12 | ) | (29.49 | ) | (30.61 | ) | — | — | — | $ | 39.25 | (43.81 | )% | 3.04 | % | 2.78 | % | (1.80 | )% | $ | 72 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 83.88 | (0.44 | ) | (13.58 | ) | (14.02 | ) | — | — | — | $ | 69.86 | (16.74 | )% | 2.95 | % | 2.84 | % | (0.56 | )% | $ | 265 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 116.67 | (1.48 | ) | (31.31 | ) | (32.79 | ) | — | — | — | $ | 83.88 | (28.11 | )% | 2.89 | % | 2.87 | % | (1.54 | )% | $ | 3,607 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(f) | $ | 161.16 | (3.20 | ) | (41.29 | ) | (44.49 | ) | — | — | — | $ | 116.67 | (27.62 | )% | 2.66 | % | 2.66 | % | (2.18 | )% | $ | 204 | — | ||||||||||||||||||||||||||||||||
UltraBull ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 112.96 | (0.23 | ) | 5.09 | 4.86 | — | (6.97 | ) | (6.97 | ) | $ | 110.85 | 4.70 | %(d) | 1.41 | % | 1.41 | % | (0.39 | )% | $ | 126,774 | 7 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 72.03 | (0.46 | ) | 51.97 | 51.51 | (0.41 | ) | (10.17 | ) | (10.58 | ) | $ | 112.96 | 77.44 | % | 1.51 | % | 1.51 | % | (0.51 | )% | $ | 128,079 | 31 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 67.93 | 0.06 | 4.37 | 4.43 | (0.33 | ) | — | (0.33 | ) | $ | 72.03 | 6.48 | % | 1.60 | % | 1.60 | % | 0.09 | % | $ | 99,875 | 151 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 62.85 | 0.33 | 5.03 | 5.36 | (0.06 | ) | (0.22 | ) | (0.28 | ) | $ | 67.93 | 8.54 | % | 1.50 | % | 1.50 | % | 0.54 | % | $ | 174,947 | 159 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(g) | $ | 49.15 | 0.18 | 13.52 | 13.70 | — | — | — | $ | 62.85 | 27.89 | % | 1.40 | % | 1.40 | % | 0.31 | % | $ | 185,706 | 174 | % | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(g) | $ | 37.86 | 0.03 | 11.26 | 11.29 | — | — | — | $ | 49.15 | 29.79 | % | 1.42 | % | 1.42 | % | 0.08 | % | $ | 132,494 | 9 | % | ||||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 90.15 | (0.69 | ) | 4.03 | 3.34 | — | (6.97 | ) | (6.97 | ) | $ | 86.52 | 4.16 | %(d) | 2.41 | % | 2.41 | % | (1.39 | )% | $ | 2,657 | 7 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 59.40 | (1.20 | ) | 42.12 | 40.92 | — | (10.17 | ) | (10.17 | ) | $ | 90.15 | 75.68 | % | 2.51 | % | 2.51 | % | (1.51 | )% | $ | 2,785 | 31 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 56.36 | (0.49 | ) | 3.53 | 3.04 | — | — | — | $ | 59.40 | 5.39 | % | 2.60 | % | 2.60 | % | (0.91 | )% | $ | 1,808 | 151 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 52.65 | (0.17 | ) | 4.10 | 3.93 | — | (0.22 | ) | (0.22 | ) | $ | 56.36 | 7.46 | % | 2.50 | % | 2.50 | % | (0.46 | )% | $ | 1,389 | 159 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(g) | $ | 41.58 | (0.30 | ) | 11.37 | 11.07 | — | — | — | $ | 52.65 | 26.62 | % | 2.40 | % | 2.40 | % | (0.69 | )% | $ | 1,838 | 174 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(g) | $ | 32.35 | (0.33 | ) | 9.56 | 9.23 | — | — | — | $ | 41.58 | 28.49 | % | 2.42 | % | 2.42 | % | (0.92 | )% | $ | 3,259 | 9 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
(f) | As described in Note 9, share amounts have been adjusted for 1:10 reverse share split that occurred on December 5, 2016. |
(g) | As described in Note 9, share amounts have been adjusted for 3:1 share split that occurred on January 22, 2018. |
See accompanying notes to the financial statements.
Financial Highlights :: 265
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
UltraChina ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 11.80 | (0.05 | ) | (5.34 | ) | (5.39 | ) | — | — | — | $ | 6.41 | (45.68 | )%(d) | 1.67 | % | 1.67 | % | (1.05 | )% | $ | 19,447 | 105 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 17.31 | (0.23 | ) | (5.28 | ) | (5.51 | ) | — | — | — | $ | 11.80 | (31.83 | )% | 1.67 | % | 1.67 | % | (1.05 | )% | $ | 17,626 | 255 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 11.42 | (0.05 | ) | 5.95 | 5.90 | (0.01 | ) | — | (0.01 | ) | $ | 17.31 | 51.69 | % | 1.79 | % | 1.79 | % | (0.42 | )% | $ | 14,973 | 314 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 17.79 | (0.01 | ) | (6.36 | ) | (6.37 | ) | — | — | — | $ | 11.42 | (35.81 | )% | 1.70 | % | 1.70 | % | (0.05 | )% | $ | 21,723 | 360 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 16.41 | (0.01 | ) | 1.53 | 1.52 | (0.14 | ) | — | (0.14 | ) | $ | 17.79 | 9.24 | % | 1.51 | % | 1.51 | % | (0.07 | )% | $ | 27,453 | 312 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 9.22 | (0.08 | ) | 7.27 | 7.19 | — | — | — | $ | 16.41 | 77.98 | % | 1.80 | % | 1.80 | % | (0.68 | )% | $ | 33,637 | 513 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 10.37 | (0.09 | ) | (4.67 | ) | (4.76 | ) | — | — | — | $ | 5.61 | (45.90 | )%(d) | 2.67 | % | 2.67 | % | (2.05 | )% | $ | 421 | 105 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 15.36 | (0.42 | ) | (4.57 | ) | (4.99 | ) | — | — | — | $ | 10.37 | (32.49 | )% | 2.67 | % | 2.67 | % | (2.05 | )% | $ | 423 | 255 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 10.23 | (0.17 | ) | 5.30 | 5.13 | — | — | — | $ | 15.36 | 50.15 | % | 2.79 | % | 2.79 | % | (1.42 | )% | $ | 2,654 | 314 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 16.11 | (0.12 | ) | (5.76 | ) | (5.88 | ) | — | — | — | $ | 10.23 | (36.50 | )% | 2.70 | % | 2.70 | % | (1.05 | )% | $ | 405 | 360 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 14.97 | (0.19 | ) | 1.41 | 1.22 | (0.08 | ) | — | (0.08 | ) | $ | 16.11 | 8.10 | % | 2.51 | % | 2.51 | % | (1.07 | )% | $ | 1,006 | 312 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 8.49 | (0.19 | ) | 6.67 | 6.48 | — | — | — | $ | 14.97 | 76.33 | % | 2.80 | % | 2.80 | % | (1.68 | )% | $ | 2,434 | 513 | % | |||||||||||||||||||||||||||||||||
UltraDow 30 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 66.90 | (0.10 | ) | 0.93 | 0.83 | — | (4.27 | ) | (4.27 | ) | $ | 63.46 | 0.94 | %(d) | 1.47 | % | 1.47 | % | (0.29 | )% | $ | 37,193 | — | (d)(e) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 39.32 | (0.24 | ) | 28.83 | 28.59 | — | (1.01 | ) | (1.01 | ) | $ | 66.90 | 73.58 | % | 1.59 | % | 1.59 | % | (0.45 | )% | $ | 39,210 | 16 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 47.25 | 0.11 | (7.02 | ) | (6.91 | ) | (0.30 | ) | (0.72 | ) | (1.02 | ) | $ | 39.32 | (15.15 | )% | 1.72 | % | 1.72 | % | 0.26 | % | $ | 26,124 | 6 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 43.77 | 0.30 | 3.52 | 3.82 | (0.34 | ) | — | (0.34 | ) | $ | 47.25 | 8.97 | % | 1.62 | % | 1.62 | % | 0.68 | % | $ | 38,924 | 1 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 33.52 | 0.12 | 10.90 | 11.02 | (0.01 | ) | (0.76 | ) | (0.77 | ) | $ | 43.77 | 32.94 | % | 1.51 | % | 1.51 | % | 0.29 | % | $ | 37,484 | 59 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 23.50 | 0.03 | 9.99 | 10.02 | — | — | — | $ | 33.52 | 42.63 | % | 1.71 | % | 1.71 | % | 0.10 | % | $ | 29,931 | — | (e) | ||||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 57.42 | (0.39 | ) | 0.85 | 0.46 | — | (4.27 | ) | (4.27 | ) | $ | 53.61 | 0.43 | %(d) | 2.47 | % | 2.47 | % | (1.29 | )% | $ | 879 | — | (d)(e) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 34.20 | (0.71 | ) | 24.94 | 24.23 | — | (1.01 | ) | (1.01 | ) | $ | 57.42 | 71.85 | % | 2.59 | % | 2.59 | % | (1.45 | )% | $ | 1,203 | 16 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 41.33 | (0.27 | ) | (6.14 | ) | (6.41 | ) | — | (0.72 | ) | (0.72 | ) | $ | 34.20 | (15.95 | )% | 2.72 | % | 2.72 | % | (0.74 | )% | $ | 648 | 6 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 38.31 | (0.09 | ) | 3.11 | 3.02 | — | — | — | $ | 41.33 | 7.87 | % | 2.62 | % | 2.62 | % | (0.32 | )% | $ | 732 | 1 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 29.70 | (0.24 | ) | 9.61 | 9.37 | — | (0.76 | ) | (0.76 | ) | $ | 38.31 | 31.62 | % | 2.51 | % | 2.51 | % | (0.71 | )% | $ | 1,584 | 59 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 21.02 | (0.23 | ) | 8.91 | 8.68 | — | — | — | $ | 29.70 | 41.27 | % | 2.71 | % | 2.71 | % | (0.90 | )% | $ | 1,291 | — | (e) |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | Amount is less than 0.5%. |
(f) | As described in Note 9, share amounts have been adjusted for 3:1 share split that occurred on November 18, 2019. |
See accompanying notes to the financial statements.
266 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
UltraEmerging Markets ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 79.62 | 0.35 | (17.26 | ) | (16.91 | ) | — | — | $ | 62.71 | (21.25 | )%(d) | 1.91 | % | 1.88 | % | 1.02 | % | $ | 10,932 | 86 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 62.20 | (0.56 | ) | 17.98 | 17.42 | — | — | $ | 79.62 | 28.02 | % | 1.78 | % | 1.77 | % | (0.64 | )% | $ | 8,976 | 211 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 51.58 | — | (e) | 10.62 | 10.62 | — | — | $ | 62.20 | 20.59 | %(f) | 1.94 | % | 1.85 | % | — | %(g) | $ | 13,176 | 240 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 63.07 | 0.05 | (11.25 | ) | (11.20 | ) | (0.29 | ) | (0.29 | ) | $ | 51.58 | (17.70 | )% | 1.84 | % | 1.84 | % | 0.10 | % | $ | 12,846 | 137 | % | |||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 61.63 | 0.25 | 1.30 | 1.55 | (0.11 | ) | (0.11 | ) | $ | 63.07 | 2.50 | % | 1.52 | % | 1.52 | % | 0.37 | % | $ | 22,713 | 125 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(h) | $ | 39.22 | (0.02 | ) | 22.43 | 22.41 | — | — | $ | 61.63 | 57.02 | % | 1.62 | % | 1.62 | % | (0.04 | )% | $ | 68,758 | 225 | % | ||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 72.13 | 0.03 | (15.64 | ) | (15.61 | ) | — | — | $ | 56.52 | (21.65 | )%(d) | 2.91 | % | 2.88 | % | 0.02 | % | $ | 161 | 86 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 56.90 | (1.36 | ) | 16.59 | 15.23 | — | — | $ | 72.13 | 26.78 | % | 2.78 | % | 2.77 | % | (1.64 | )% | $ | 345 | 211 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 47.65 | (0.47 | ) | 9.72 | 9.25 | — | — | $ | 56.90 | 19.41 | % | 2.94 | % | 2.85 | % | (1.00 | )% | $ | 353 | 240 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 58.50 | (0.44 | ) | (10.41 | ) | (10.85 | ) | — | — | $ | 47.65 | (18.55 | )% | 2.84 | % | 2.84 | % | (0.90 | )% | $ | 213 | 137 | % | ||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 57.67 | (0.38 | ) | 1.21 | 0.83 | — | — | $ | 58.50 | 1.44 | % | 2.52 | % | 2.52 | % | (0.63 | )% | $ | 623 | 125 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2017(h) | $ | 37.07 | (0.46 | ) | 21.06 | 20.60 | — | — | $ | 57.67 | 55.65 | % | 2.62 | % | 2.62 | % | (1.04 | )% | $ | 1,238 | 225 | % | ||||||||||||||||||||||||||||||
UltraInternational ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 21.26 | (0.19 | ) | (1.47 | ) | (1.66 | ) | — | — | $ | 19.60 | (7.81 | )%(d) | 2.42 | % | 1.78 | % | (1.78 | )% | $ | 2,414 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 13.16 | (0.32 | ) | 8.42 | 8.10 | — | — | $ | 21.26 | 61.55 | % | 2.31 | % | 1.78 | % | (1.76 | )% | $ | 3,101 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 15.58 | (0.09 | ) | (2.33 | ) | (2.42 | ) | — | — | $ | 13.16 | (15.53 | )% | 2.61 | % | 1.87 | % | (0.60 | )% | $ | 4,078 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 17.99 | 0.03 | (2.44 | ) | (2.41 | ) | — | — | $ | 15.58 | (13.40 | )% | 2.30 | % | 2.04 | %(i) | 0.16 | % | $ | 2,989 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 17.10 | (0.07 | ) | 0.96 | 0.89 | — | — | $ | 17.99 | 5.20 | % | 1.62 | % | 1.62 | % | (0.40 | )% | $ | 9,114 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 12.89 | (0.17 | ) | 4.38 | 4.21 | — | — | $ | 17.10 | 32.66 | % | 1.78 | % | 1.78 | % | (1.15 | )% | $ | 20,851 | — | |||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 18.65 | (0.28 | ) | (1.26 | ) | (1.54 | ) | — | — | $ | 17.11 | (8.31 | )%(d) | 3.42 | % | 2.78 | % | (2.78 | )% | $ | 33 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.64 | (0.48 | ) | 7.49 | 7.01 | — | — | $ | 18.65 | 60.22 | % | 3.31 | % | 2.78 | % | (2.76 | )% | $ | 51 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 13.92 | (0.22 | ) | (2.06 | ) | (2.28 | ) | — | — | $ | 11.64 | (16.38 | )% | 3.61 | % | 2.87 | % | (1.60 | )% | $ | 70 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 16.23 | (0.11 | ) | (2.20 | ) | (2.31 | ) | — | — | $ | 13.92 | (14.23 | )% | 3.29 | % | 3.03 | %(i) | (0.83 | )% | $ | 47 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 15.59 | (0.24 | ) | 0.88 | 0.64 | — | — | $ | 16.23 | 4.11 | % | 2.62 | % | 2.62 | % | (1.40 | )% | $ | 184 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 11.86 | (0.31 | ) | 4.04 | 3.73 | — | — | $ | 15.59 | 31.45 | % | 2.78 | % | 2.78 | % | (2.15 | )% | $ | 1,362 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | Amount is less than $0.005. |
(f) | During the year ended July 31, 2020, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was 1.01%. |
(g) | Amount is less than 0.005%. |
(h) | As described in Note 9, share amounts adjusted for 1:5 reverse share split that occurred on December 5, 2016. |
(i) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for the one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
See accompanying notes to the financial statements.
Financial Highlights :: 267
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
UltraJapan ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 31.75 | (0.28 | ) | 0.14 | (d) | (0.14 | ) | — | (4.34 | ) | (4.34 | ) | $ | 27.27 | (2.83 | )%(e) | 1.77 | % | 1.77 | % | (1.77 | )% | $ | 12,849 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 20.81 | (0.56 | ) | 11.50 | 10.94 | — | — | — | $ | 31.75 | 52.57 | % | 1.80 | % | 1.78 | % | (1.77 | )% | $ | 14,600 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 21.87 | (0.17 | ) | (0.89 | ) | (1.06 | ) | — | — | — | $ | 20.81 | (4.85 | )% | 1.94 | % | 1.86 | % | (0.77 | )% | $ | 10,556 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 24.93 | 0.04 | (2.61 | ) | (2.57 | ) | — | (0.49 | ) | (0.49 | ) | $ | 21.87 | (10.75 | )% | 1.83 | % | 1.83 | % | 0.16 | % | $ | 13,423 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 19.76 | (0.11 | ) | 5.28 | 5.17 | — | — | — | $ | 24.93 | 26.16 | % | 1.66 | % | 1.66 | % | (0.45 | )% | $ | 20,993 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 13.62 | (0.22 | ) | 6.36 | 6.14 | — | — | — | $ | 19.76 | 44.97 | % | 1.70 | % | 1.70 | % | (1.26 | )% | $ | 19,565 | — | ||||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 26.53 | (0.41 | ) | 0.29 | (d) | (0.12 | ) | — | (4.34 | ) | (4.34 | ) | $ | 22.07 | (3.31 | )%(e) | 2.77 | % | 2.77 | % | (2.77 | )% | $ | 122 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 17.56 | (0.82 | ) | 9.79 | 8.97 | — | — | — | $ | 26.53 | 51.08 | % | 2.80 | % | 2.78 | % | (2.77 | )% | $ | 143 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 18.64 | (0.36 | ) | (0.72 | ) | (1.08 | ) | — | — | — | $ | 17.56 | (5.79 | )% | 2.94 | % | 2.86 | % | (1.77 | )% | $ | 109 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 21.52 | (0.16 | ) | (2.23 | ) | (2.39 | ) | — | (0.49 | ) | (0.49 | ) | $ | 18.64 | (11.63 | )% | 2.83 | % | 2.83 | % | (0.84 | )% | $ | 258 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 17.23 | (0.31 | ) | 4.60 | 4.29 | — | — | — | $ | 21.52 | 24.90 | % | 2.66 | % | 2.66 | % | (1.45 | )% | $ | 237 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 11.99 | (0.37 | ) | 5.61 | 5.24 | — | — | — | $ | 17.23 | 43.70 | % | 2.70 | % | 2.70 | % | (2.26 | )% | $ | 243 | — | ||||||||||||||||||||||||||||||||||
UltraLatin America ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 19.08 | 0.62 | (2.91 | ) | (2.29 | ) | (0.83 | ) | — | (0.83 | ) | $ | 15.96 | (11.33 | )%(e) | 1.66 | % | 1.66 | % | 7.87 | % | $ | 14,020 | 61 | %(e) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 10.61 | 0.18 | 8.38 | 8.56 | (0.09 | ) | — | (0.09 | ) | $ | 19.08 | 80.78 | % | 1.72 | % | 1.72 | % | 1.22 | % | $ | 15,939 | 163 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 31.86 | 0.28 | (21.10 | ) | (20.82 | ) | (0.43 | ) | — | (0.43 | ) | $ | 10.61 | (66.27 | )%(f) | 1.71 | % | 1.71 | % | 1.46 | % | $ | 15,724 | 237 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 33.55 | 0.44 | (1.66 | ) | (1.22 | ) | (0.47 | ) | — | (0.47 | ) | $ | 31.86 | (3.51 | )% | 1.69 | % | 1.69 | % | 1.34 | % | $ | 31,560 | 132 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 35.83 | 0.28 | (2.47 | ) | (2.19 | ) | (0.09 | ) | — | (0.09 | ) | $ | 33.55 | (6.15 | )% | 1.53 | % | 1.53 | % | 0.72 | % | $ | 37,611 | 315 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 26.71 | 0.10 | 9.10 | 9.20 | (0.08 | ) | — | (0.08 | ) | $ | 35.83 | 34.56 | % | 1.67 | % | 1.67 | % | 0.31 | % | $ | 32,233 | 228 | % | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 18.34 | 0.54 | (2.80 | ) | (2.26 | ) | (0.57 | ) | — | (0.57 | ) | $ | 15.51 | (11.82 | )%(e) | 2.66 | % | 2.66 | % | 6.87 | % | $ | 86 | 61 | %(e) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 10.26 | 0.04 | 8.06 | 8.10 | (0.02 | ) | — | (0.02 | ) | $ | 18.34 | 78.96 | % | 2.72 | % | 2.72 | % | 0.22 | % | $ | 148 | 163 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 30.71 | 0.12 | (20.57 | ) | (20.45 | ) | — | — | — | $ | 10.26 | (66.59 | )%(f) | 2.70 | % | 2.70 | % | 0.47 | % | $ | 98 | 237 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 32.16 | 0.13 | (1.58 | ) | (1.45 | ) | — | — | — | $ | 30.71 | (4.51 | )% | 2.69 | % | 2.69 | % | 0.34 | % | $ | 81 | 132 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 34.61 | (0.10 | ) | (2.35 | ) | (2.45 | ) | — | — | — | $ | 32.16 | (7.08 | )% | 2.53 | % | 2.53 | % | (0.28 | )% | $ | 436 | 315 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 25.98 | (0.21 | ) | 8.84 | 8.63 | — | — | — | $ | 34.61 | 33.17 | % | 2.67 | % | 2.67 | % | (0.69 | )% | $ | 419 | 228 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(e) | Not annualized for periods less than one year. |
(f) | During the year ended July 31, 2020, the Fund received monies related to certain nonrecurring litigation settlements. The corresponding impact to the total return was 0.68%. |
See accompanying notes to the financial statements.
268 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
UltraMid-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 66.78 | (0.12 | ) | (3.73 | ) | (3.85 | ) | — | (3.25 | ) | (3.25 | ) | $ | 59.68 | (6.26 | )%(d) | 1.44 | % | 1.44 | % | (0.35 | )% | $ | 48,736 | 9 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 32.83 | (0.33 | ) | 34.28 | 33.95 | — | — | — | $ | 66.78 | 103.44 | % | 1.53 | % | 1.53 | % | (0.62 | )% | $ | 61,650 | 40 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 44.23 | (0.05 | ) | (10.37 | ) | (10.42 | ) | (0.14 | ) | (0.84 | ) | (0.98 | ) | $ | 32.83 | (24.24 | )% | 1.66 | % | 1.66 | % | (0.12 | )% | $ | 30,383 | 63 | % | ||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 46.93 | 0.07 | (2.72 | ) | (2.65 | ) | (0.01 | ) | (0.04 | ) | (0.05 | ) | $ | 44.23 | (5.62 | )% | 1.53 | % | 1.53 | % | 0.16 | % | $ | 80,404 | 52 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 40.56 | (0.01 | ) | 9.46 | 9.45 | — | (3.08 | ) | (3.08 | ) | $ | 46.93 | 23.80 | % | 1.43 | % | 1.43 | % | (0.01 | )% | $ | 91,844 | 28 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 32.14 | (0.11 | ) | 8.53 | 8.42 | — | — | — | $ | 40.56 | 26.18 | % | 1.46 | % | 1.46 | % | (0.30 | )% | $ | 98,608 | 35 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 53.58 | (0.39 | ) | (2.88 | ) | (3.27 | ) | — | (3.25 | ) | (3.25 | ) | $ | 47.06 | (6.73 | )%(d) | 2.44 | % | 2.44 | % | (1.35 | )% | $ | 1,014 | 9 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 26.59 | (0.75 | ) | 27.74 | 26.99 | — | — | — | $ | 53.58 | 101.47 | % | 2.53 | % | 2.53 | % | (1.61 | )% | $ | 1,231 | 40 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 36.24 | (0.34 | ) | (8.47 | ) | (8.81 | ) | — | (0.84 | ) | (0.84 | ) | $ | 26.59 | (24.99 | )% | 2.66 | % | 2.66 | % | (1.12 | )% | $ | 636 | 63 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 38.86 | (0.28 | ) | (2.30 | ) | (2.58 | ) | — | (0.04 | ) | (0.04 | ) | $ | 36.24 | (6.61 | )% | 2.53 | % | 2.53 | % | (0.84 | )% | $ | 847 | 52 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 34.37 | (0.37 | ) | 7.94 | 7.57 | — | (3.08 | ) | (3.08 | ) | $ | 38.86 | 22.58 | % | 2.43 | % | 2.43 | % | (1.01 | )% | $ | 2,154 | 28 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 27.49 | (0.42 | ) | 7.30 | 6.88 | — | — | — | $ | 34.37 | 24.99 | % | 2.46 | % | 2.46 | % | (1.30 | )% | $ | 3,079 | 35 | % | |||||||||||||||||||||||||||||||||
UltraNasdaq-100 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 99.86 | (0.46 | ) | (1.48 | ) | (1.94 | ) | — | (14.34 | ) | (14.34 | ) | $ | 83.58 | (3.03 | )%(d) | 1.42 | % | 1.42 | % | (0.93 | )% | $ | 849,932 | 38 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021(f) | $ | 62.28 | (0.82 | ) | 45.88 | 45.06 | — | (7.48 | ) | (7.48 | ) | $ | 99.86 | 76.50 | % | 1.51 | % | 1.51 | % | (1.05 | )% | $ | 1,096,713 | 29 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 39.32 | (0.26 | ) | 25.83 | 25.57 | — | (2.61 | ) | (2.61 | ) | $ | 62.28 | 67.62 | % | 1.59 | % | 1.59 | % | (0.58 | )% | $ | 627,805 | 20 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 37.54 | 0.01 | 3.55 | 3.56 | — | (1.78 | ) | (1.78 | ) | $ | 39.32 | 9.42 | % | 1.50 | % | 1.50 | % | 0.01 | % | $ | 504,777 | 9 | % | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e)(f) | $ | 26.05 | (0.09 | ) | 11.58 | 11.49 | — | — | — | $ | 37.54 | 44.15 | % | 1.41 | % | 1.41 | % | (0.29 | )% | $ | 497,460 | 3 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(f) | $ | 17.20 | (0.10 | ) | 8.95 | 8.85 | — | — | — | $ | 26.05 | 51.39 | % | 1.43 | % | 1.43 | % | (0.48 | )% | $ | 379,105 | 4 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 76.18 | (0.84 | ) | (0.71 | ) | (1.55 | ) | — | (14.34 | ) | (14.34 | ) | $ | 60.29 | (3.52 | )%(d) | 2.42 | % | 2.42 | % | (1.93 | )% | $ | 22,124 | 38 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021(f) | $ | 49.32 | (1.43 | ) | 35.77 | 34.34 | — | (7.48 | ) | (7.48 | ) | $ | 76.18 | 74.78 | % | 2.51 | % | 2.51 | % | (2.05 | )% | $ | 23,558 | 29 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2020(f) | $ | 31.89 | (0.61 | ) | 20.65 | 20.04 | — | (2.61 | ) | (2.61 | ) | $ | 49.32 | 65.95 | % | 2.59 | % | 2.59 | % | (1.58 | )% | $ | 15,438 | 20 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019(f) | $ | 31.05 | (0.28 | ) | 2.90 | 2.62 | — | (1.78 | ) | (1.78 | ) | $ | 31.89 | 8.33 | % | 2.50 | % | 2.50 | % | (0.99 | )% | $ | 12,014 | 9 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e)(f) | $ | 21.76 | (0.36 | ) | 9.65 | 9.29 | — | — | — | $ | 31.05 | 42.70 | % | 2.41 | % | 2.41 | % | (1.29 | )% | $ | 14,914 | 3 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(f) | $ | 14.52 | (0.27 | ) | 7.51 | 7.24 | — | — | — | $ | 21.76 | 49.89 | % | 2.43 | % | 2.43 | % | (1.48 | )% | $ | 11,189 | 4 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 3:1 share split on January 22, 2018. |
(f) | As described in Note 9, share amounts have been adjusted for 2:1 share split on December 14, 2020. |
See accompanying notes to the financial statements.
Financial Highlights :: 269
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
UltraShort China ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 17.80 | (0.18 | ) | 4.39 | (d) | 4.21 | — | — | $ | 22.01 | 23.65 | %(e) | 2.60 | % | 1.78 | % | (1.78 | )% | $ | 4,250 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 20.11 | (0.22 | ) | (2.09 | )(d) | (2.31 | ) | — | — | $ | 17.80 | (11.49 | )% | 4.54 | % | 1.78 | % | (1.77 | )% | $ | 2,341 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 47.15 | (0.14 | ) | (26.71 | ) | (26.85 | ) | (0.19 | ) | (0.19 | ) | $ | 20.11 | (57.12 | )% | 2.83 | % | 1.78 | % | (0.37 | )% | $ | 625 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 40.80 | 0.24 | 6.11 | 6.35 | — | — | $ | 47.15 | 15.56 | % | 2.45 | % | 1.78 | % | 0.50 | % | $ | 3,534 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 54.15 | (0.14 | ) | (13.21 | ) | (13.35 | ) | — | — | $ | 40.80 | (24.67 | )% | 2.34 | % | 1.78 | % | (0.34 | )% | $ | 2,038 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(f) | $ | 112.44 | (1.12 | ) | (57.17 | ) | (58.29 | ) | — | — | $ | 54.15 | (51.85 | )% | 2.91 | % | 1.78 | % | (1.31 | )% | $ | 1,389 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 15.63 | (0.27 | ) | 3.90 | (d) | 3.63 | — | — | $ | 19.26 | 23.07 | %(e) | 3.60 | % | 2.78 | % | (2.78 | )% | $ | 10 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 17.88 | (0.34 | ) | (1.91 | )(d) | (2.25 | ) | — | — | $ | 15.63 | (12.52 | )% | 5.54 | % | 2.78 | % | (2.77 | )% | $ | 6 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 42.12 | (0.48 | ) | (23.76 | ) | (24.24 | ) | — | — | $ | 17.88 | (57.53 | )% | 3.83 | % | 2.78 | % | (1.37 | )% | $ | 10 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 36.81 | (0.19 | ) | 5.50 | 5.31 | — | — | $ | 42.12 | 14.43 | % | 3.45 | % | 2.78 | % | (0.50 | )% | $ | 44 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(f) | $ | 49.35 | (0.52 | ) | (12.02 | ) | (12.54 | ) | — | — | $ | 36.81 | (25.43 | )% | 3.34 | % | 2.78 | % | (1.34 | )% | $ | 70 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(f)�� | $ | 103.50 | (1.76 | ) | (52.39 | ) | (54.15 | ) | — | — | $ | 49.35 | (52.32 | )% | 3.91 | % | 2.78 | % | (2.31 | )% | $ | 53 | — | |||||||||||||||||||||||||||||
UltraShort Dow 30 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 20.44 | (0.17 | ) | (1.02 | ) | (1.19 | ) | — | — | $ | 19.25 | (5.82 | )%(e) | 2.56 | % | 1.78 | % | (1.78 | )% | $ | 2,323 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021(g) | $ | 40.04 | (0.49 | ) | (19.11 | ) | (19.60 | ) | — | — | $ | 20.44 | (48.95 | )% | 2.47 | % | 1.78 | % | (1.77 | )% | $ | 2,916 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(g) | $ | 60.15 | (0.56 | ) | (19.35 | ) | (19.91 | ) | (0.20 | ) | (0.20 | ) | $ | 40.04 | (33.21 | )% | 2.17 | % | 1.78 | % | (1.01 | )% | $ | 5,293 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019(g) | $ | 71.69 | 0.32 | (11.86 | ) | (11.54 | ) | — | — | $ | 60.15 | (16.07 | )% | 2.25 | % | 1.78 | % | 0.47 | % | $ | 4,491 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018(g) | $ | 104.12 | (0.36 | ) | (32.07 | ) | (32.43 | ) | — | — | $ | 71.69 | (31.16 | )% | 2.18 | % | 1.78 | % | (0.44 | )% | $ | 3,874 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(g)(h) | $ | 156.79 | (1.64 | ) | (51.03 | ) | (52.67 | ) | — | — | $ | 104.12 | (33.60 | )% | 2.15 | % | 1.78 | % | (1.29 | )% | $ | 4,865 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 17.86 | (0.26 | ) | (0.85 | ) | (1.11 | ) | — | — | $ | 16.75 | (6.22 | )%(e) | 3.56 | % | 2.78 | % | (2.78 | )% | $ | 118 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021(g) | $ | 35.34 | (0.74 | ) | (16.74 | ) | (17.48 | ) | — | — | $ | 17.86 | (49.43 | )% | 3.47 | % | 2.78 | % | (2.77 | )% | $ | 111 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(g) | $ | 53.45 | (1.00 | ) | (17.11 | ) | (18.11 | ) | — | — | $ | 35.34 | (33.91 | )% | 3.17 | % | 2.78 | % | (2.01 | )% | $ | 316 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(g) | $ | 64.34 | (0.28 | ) | (10.61 | ) | (10.89 | ) | — | — | $ | 53.45 | (16.92 | )% | 3.25 | % | 2.78 | % | (0.53 | )% | $ | 179 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(g) | $ | 94.36 | (1.12 | ) | (28.90 | ) | (30.02 | ) | — | — | $ | 64.34 | (31.84 | )% | 3.18 | % | 2.78 | % | (1.44 | )% | $ | 268 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(g)(h) | $ | 143.54 | (2.84 | ) | (46.34 | ) | (49.18 | ) | — | — | $ | 94.36 | (34.33 | )% | 3.15 | % | 2.78 | % | (2.29 | )% | $ | 453 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(e) | Not annualized for periods less than one year. |
(f) | As described in Note 9, share amounts have been adjusted for 1:8 reverse share split that occurred on January 22, 2018. |
(g) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
(h) | As described in Note 9, share amounts have been adjusted for 1:8 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
270 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
UltraShort Emerging Markets ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 23.19 | (0.23 | ) | 2.36 | 2.13 | — | — | $ | 25.32 | 9.18 | %(d) | 5.17 | % | 1.78 | % | (1.78 | )% | $ | 706 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 39.50 | (0.21 | ) | (16.10 | ) | (16.31 | ) | — | — | $ | 23.19 | (41.26 | )% | 5.39 | % | 1.78 | % | (1.77 | )% | $ | 562 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 75.75 | (0.40 | ) | (35.57 | ) | (35.97 | ) | (0.28 | ) | (0.28 | ) | $ | 39.50 | (47.64 | )% | 2.90 | % | 1.78 | % | (0.60 | )% | $ | 974 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 73.65 | 0.36 | 1.74 | 2.10 | — | — | $ | 75.75 | 2.88 | % | 2.70 | % | 1.78 | % | 0.43 | % | $ | 2,865 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 86.96 | (0.28 | ) | (13.03 | ) | (13.31 | ) | — | — | $ | 73.65 | (15.32 | )% | 2.35 | % | 1.78 | % | (0.40 | )% | $ | 2,958 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(f) | $ | 156.08 | (1.60 | ) | (67.52 | ) | (69.12 | ) | — | — | $ | 86.96 | (44.33 | )% | 2.21 | % | 1.78 | % | (1.32 | )% | $ | 2,071 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 20.93 | (0.34 | ) | 2.14 | 1.80 | — | — | $ | 22.73 | 8.60 | %(d) | 6.17 | % | 2.78 | % | (2.78 | )% | $ | 37 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 35.98 | (0.31 | ) | (14.74 | ) | (15.05 | ) | — | — | $ | 20.93 | (41.89 | )% | 6.39 | % | 2.78 | % | (2.77 | )% | $ | 31 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 69.37 | (1.00 | ) | (32.39 | ) | (33.39 | ) | — | — | $ | 35.98 | (48.10 | )% | 3.90 | % | 2.78 | % | (1.60 | )% | $ | 62 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 68.11 | (0.40 | ) | 1.66 | 1.26 | — | — | $ | 69.37 | 1.82 | % | 3.70 | % | 2.78 | % | (0.57 | )% | $ | 98 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 81.20 | (1.00 | ) | (12.09 | ) | (13.09 | ) | — | — | $ | 68.11 | (16.11 | )% | 3.35 | % | 2.78 | % | (1.40 | )% | $ | 108 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e)(f) | $ | 147.17 | (2.80 | ) | (63.17 | ) | (65.97 | ) | — | — | $ | 81.20 | (44.84 | )% | 3.21 | % | 2.78 | % | (2.32 | )% | $ | 263 | — | |||||||||||||||||||||||||||||
UltraShort International ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 22.38 | (0.20 | ) | 0.65 | 0.45 | — | — | $ | 22.83 | 2.01 | %(d) | 3.17 | % | 1.78 | % | (1.78 | )% | $ | 1,679 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 42.06 | (0.51 | ) | (19.17 | ) | (19.68 | ) | — | — | $ | 22.38 | (46.82 | )% | 3.13 | % | 1.78 | % | (1.77 | )% | $ | 1,631 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 54.21 | (0.48 | ) | (11.27 | ) | (11.75 | ) | (0.40 | ) | (0.40 | ) | $ | 42.06 | (21.67 | )% | 2.83 | % | 1.78 | % | (0.95 | )% | $ | 2,445 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 51.63 | 0.28 | 2.30 | 2.58 | — | — | $ | 54.21 | 4.96 | % | 2.43 | % | 1.78 | % | 0.50 | % | $ | 2,156 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 59.47 | (0.28 | ) | (7.56 | ) | (7.84 | ) | — | — | $ | 51.63 | (13.18 | )% | 2.53 | % | 1.84 | % | (0.51 | )% | $ | 2,120 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 86.70 | (1.08 | ) | (26.15 | ) | (27.23 | ) | — | — | $ | 59.47 | (31.41 | )% | 2.26 | % | 1.85 | % | (1.41 | )% | $ | 2,920 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 20.04 | (0.29 | ) | 0.59 | 0.30 | — | — | $ | 20.34 | 1.50 | %(d) | 4.17 | % | 2.78 | % | (2.78 | )% | $ | 5 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021(e) | $ | 38.07 | (0.78 | ) | (17.25 | ) | (18.03 | ) | — | — | $ | 20.04 | (47.32 | )% | 4.14 | % | 2.79 | % | (2.78 | )% | $ | 5 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(e) | $ | 49.12 | (0.96 | ) | (10.09 | ) | (11.05 | ) | — | — | $ | 38.07 | (22.48 | )% | 3.83 | % | 2.78 | % | (1.95 | )% | $ | 10 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(e) | $ | 47.26 | (0.24 | ) | 2.10 | 1.86 | — | — | $ | 49.12 | 3.89 | % | 3.42 | % | 2.77 | % | (0.49 | )% | $ | 14 | — | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 54.95 | (0.76 | ) | (6.93 | ) | (7.69 | ) | — | — | $ | 47.26 | (13.97 | )% | 3.52 | % | 2.83 | % | (1.50 | )% | $ | 29 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 80.91 | (1.84 | ) | (24.12 | ) | (25.96 | ) | — | — | $ | 54.95 | (32.08 | )% | 3.26 | % | 2.85 | % | (2.41 | )% | $ | 92 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on December 14, 2020. |
(f) | As described in Note 9, share amounts adjusted for 1:5 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
Financial Highlights :: 271
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
UltraShort Japan ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 12.53 | (0.10 | ) | (0.56 | ) | (0.66 | ) | — | — | $ | 11.87 | (5.27 | )%(d) | 18.44 | % | 1.78 | % | (1.78 | )% | $ | 455 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 22.23 | (0.26 | ) | (9.44 | ) | (9.70 | ) | — | — | $ | 12.53 | (43.63 | )% | 8.91 | % | 1.78 | % | (1.77 | )% | $ | 233 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 32.34 | (0.18 | ) | (9.93 | ) | (10.11 | ) | — | — | $ | 22.23 | (31.26 | )% | 4.87 | % | 1.78 | % | (0.64 | )% | $ | 842 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 32.76 | 0.06 | (0.48 | ) | (0.42 | ) | — | — | $ | 32.34 | (1.28 | )% | 5.49 | % | 1.78 | % | 0.18 | % | $ | 1,010 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 47.18 | (0.23 | ) | (14.19 | ) | (14.42 | ) | — | — | $ | 32.76 | (30.59 | )% | 3.66 | % | 1.78 | % | (0.60 | )% | $ | 709 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 75.55 | (0.75 | ) | (27.62 | ) | (28.37 | ) | — | — | $ | 47.18 | (37.52 | )% | 3.16 | % | 1.78 | % | (1.37 | )% | $ | 1,249 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 11.16 | (0.15 | ) | (0.51 | ) | (0.66 | ) | — | — | $ | 10.50 | (5.82 | )%(d) | 19.44 | % | 2.78 | % | (2.78 | )% | $ | 1 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 19.96 | (0.37 | ) | (8.43 | ) | (8.80 | ) | — | — | $ | 11.16 | (44.23 | )% | 9.91 | % | 2.78 | % | (2.77 | )% | $ | 29 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 29.45 | (0.44 | ) | (9.05 | ) | (9.49 | ) | — | — | $ | 19.96 | (31.87 | )% | 5.87 | % | 2.78 | % | (1.64 | )% | $ | 2 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 30.00 | (0.23 | ) | (0.32 | ) | (0.55 | ) | — | — | $ | 29.45 | (2.26 | )% | 6.49 | % | 2.78 | % | (0.82 | )% | $ | 4 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 43.73 | (0.61 | ) | (13.12 | ) | (13.73 | ) | — | — | $ | 30.00 | (31.31 | )% | 4.66 | % | 2.78 | % | (1.60 | )% | $ | 5 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 70.74 | (1.25 | ) | (25.76 | ) | (27.01 | ) | — | — | $ | 43.73 | (38.16 | )% | 4.16 | % | 2.78 | % | (2.37 | )% | $ | 47 | — | |||||||||||||||||||||||||||||
UltraShort Latin America ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 10.27 | (0.11 | ) | (0.09 | ) | (0.20 | ) | — | — | $ | 10.07 | (1.85 | )%(d) | 3.74 | % | 1.78 | % | (1.78 | )% | $ | 687 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 27.67 | (0.32 | ) | (17.08 | ) | (17.40 | ) | — | — | $ | 10.27 | (62.88 | )% | 3.28 | % | 1.78 | % | (1.77 | )% | $ | 804 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 27.71 | (0.30 | ) | 0.35 | 0.05 | (0.09 | ) | (0.09 | ) | $ | 27.67 | 0.22 | % | 2.31 | % | 1.78 | % | (0.87 | )% | $ | 3,138 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 35.01 | 0.16 | (7.46 | ) | (7.30 | ) | — | — | $ | 27.71 | (20.85 | )% | 2.42 | % | 1.78 | % | 0.53 | % | $ | 4,681 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 40.03 | (0.21 | ) | (4.81 | ) | (5.02 | ) | — | — | $ | 35.01 | (12.58 | )% | 2.05 | % | 1.78 | % | (0.60 | )% | $ | 3,711 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 74.09 | (0.70 | ) | (33.36 | ) | (34.06 | ) | — | — | $ | 40.03 | (45.95 | )% | 2.29 | % | 1.78 | % | (1.28 | )% | $ | 4,476 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 9.00 | (0.16 | ) | (0.06 | ) | (0.22 | ) | — | — | $ | 8.78 | (2.44 | )%(d) | 4.74 | % | 2.78 | % | (2.78 | )% | $ | 8 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 24.48 | (0.47 | ) | (15.01 | ) | (15.48 | ) | — | — | $ | 9.00 | (63.24 | )% | 4.28 | % | 2.78 | % | (2.77 | )% | $ | 9 | �� | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 24.69 | (0.69 | ) | 0.48 | (0.21 | ) | — | — | $ | 24.48 | (0.85 | )% | 3.31 | % | 2.78 | % | (1.87 | )% | $ | 35 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 31.51 | (0.12 | ) | (6.70 | ) | (6.82 | ) | — | — | $ | 24.69 | (21.67 | )% | 3.42 | % | 2.78 | % | (0.47 | )% | $ | 61 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 36.45 | (0.55 | ) | (4.39 | ) | (4.94 | ) | — | — | $ | 31.51 | (13.53 | )% | 3.05 | % | 2.78 | % | (1.60 | )% | $ | 74 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 68.13 | (1.15 | ) | (30.53 | ) | (31.68 | ) | — | — | $ | 36.45 | (46.52 | )% | 3.29 | % | 2.78 | % | (2.28 | )% | $ | 6,981 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:5 reverse share split that occurred on January 22, 2018. |
See accompanying notes to the financial statements.
272 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
UltraShort Mid-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 5.36 | (0.04 | ) | (0.04 | ) | (0.08 | ) | — | — | $ | 5.28 | (1.49 | )%(d) | 3.49 | % | 1.78 | % | (1.78 | )% | $ | 1,429 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 13.16 | (0.14 | ) | (7.66 | ) | (7.80 | ) | — | — | $ | 5.36 | (59.27 | )% | 3.22 | % | 1.78 | % | (1.77 | )% | $ | 1,443 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 19.82 | (0.20 | ) | (6.38 | ) | (6.58 | ) | (0.08 | ) | (0.08 | ) | $ | 13.16 | (33.28 | )% | 2.94 | % | 1.78 | % | (1.04 | )% | $ | 2,728 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 20.73 | 0.11 | (1.02 | ) | (0.91 | ) | — | — | $ | 19.82 | (4.39 | )% | 3.04 | % | 1.78 | % | 0.50 | % | $ | 1,475 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 27.77 | (0.11 | ) | (6.93 | ) | (7.04 | ) | — | — | $ | 20.73 | (25.35 | )% | 3.12 | % | 1.78 | % | (0.45 | )% | $ | 1,067 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 37.96 | (0.41 | ) | (9.78 | ) | (10.19 | ) | — | — | $ | 27.77 | (26.92 | )% | 2.95 | % | 1.77 | % | (1.28 | )% | $ | 1,670 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 4.73 | (0.07 | ) | (0.02 | ) | (0.09 | ) | — | — | $ | 4.64 | (1.90 | )%(d) | 4.49 | % | 2.78 | % | (2.78 | )% | $ | 24 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 11.71 | (0.21 | ) | (6.77 | ) | (6.98 | ) | — | — | $ | 4.73 | (59.61 | )% | 4.22 | % | 2.78 | % | (2.77 | )% | $ | 20 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 17.72 | (0.37 | ) | (5.64 | ) | (6.01 | ) | — | — | $ | 11.71 | (33.92 | )% | 3.94 | % | 2.78 | % | (2.04 | )% | $ | 21 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 18.73 | (0.08 | ) | (0.93 | ) | (1.01 | ) | — | — | $ | 17.72 | (5.39 | )% | 4.04 | % | 2.78 | % | (0.50 | )% | $ | 16 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 25.30 | (0.32 | ) | (6.25 | ) | (6.57 | ) | — | — | $ | 18.73 | (26.00 | )% | 4.12 | % | 2.78 | % | (1.45 | )% | $ | 11 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 34.94 | (0.70 | ) | (8.94 | ) | (9.64 | ) | — | — | $ | 25.30 | (27.48 | )% | 3.95 | % | 2.77 | % | (2.28 | )% | $ | 14 | — | |||||||||||||||||||||||||||||
UltraShort Nasdaq-100 ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 15.70 | (0.14 | ) | (1.02 | ) | (1.16 | ) | — | — | $ | 14.54 | (7.39 | )%(d) | 2.03 | % | 2.02 | %(f) | (2.02 | )% | $ | 123,270 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021(g) | $ | 35.80 | (0.41 | ) | (19.67 | )(h) | (20.08 | ) | (0.02 | ) | (0.02 | ) | $ | 15.70 | (55.87 | )% | 1.78 | % | 1.78 | % | (1.76 | )% | $ | 9,281 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2020(g) | $ | 101.55 | (0.56 | ) | (64.87 | ) | (65.43 | ) | (0.32 | ) | (0.32 | ) | $ | 35.80 | (64.81 | )% | 1.82 | % | 1.82 | % | (0.84 | )% | $ | 9,454 | — | |||||||||||||||||||||||||||
Year Ended July 31, 2019(g) | $ | 130.89 | 0.64 | (29.98 | ) | (29.34 | ) | — | — | $ | 101.55 | (22.43 | )% | 1.77 | % | 1.77 | % | 0.51 | % | $ | 14,948 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2018(g) | $ | 213.53 | (0.72 | ) | (81.92 | ) | (82.64 | ) | — | — | $ | 130.89 | (38.70 | )% | 1.76 | % | 1.76 | % | (0.44 | )% | $ | 12,427 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(g)(i) | $ | 349.42 | (3.36 | ) | (132.53 | ) | (135.89 | ) | — | — | $ | 213.53 | (38.92 | )% | 1.77 | % | 1.77 | % | (1.22 | )% | $ | 18,170 | — | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 14.85 | (0.21 | ) | (0.97 | ) | (1.18 | ) | — | — | $ | 13.67 | (7.95 | )%(d) | 3.03 | % | 3.02 | %(f) | (3.02 | )% | $ | 62 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2021(g) | $ | 34.20 | (0.64 | ) | (18.71 | )(h) | (19.35 | ) | — | — | $ | 14.85 | (56.43 | )% | 2.78 | % | 2.78 | % | (2.76 | )% | $ | 184 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2020(g) | $ | 97.63 | (1.28 | ) | (62.15 | ) | (63.43 | ) | — | — | $ | 34.20 | (65.08 | )% | 2.82 | % | 2.82 | % | (1.84 | )% | $ | 174 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2019(g) | $ | 126.93 | (0.48 | ) | (28.82 | ) | (29.30 | ) | — | — | $ | 97.63 | (23.13 | )% | 2.77 | % | 2.77 | % | (0.49 | )% | $ | 516 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2018(g) | $ | 208.94 | (2.24 | ) | (79.77 | ) | (82.01 | ) | — | — | $ | 126.93 | (39.24 | )% | 2.76 | % | 2.76 | % | (1.44 | )% | $ | 91 | — | |||||||||||||||||||||||||||||
Year Ended July 31, 2017(g)(i) | $ | 345.29 | (6.08 | ) | (130.27 | ) | (136.35 | ) | — | — | $ | 208.94 | (39.47 | )% | 2.77 | % | 2.77 | % | (2.22 | )% | $ | 126 | — |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:10 reverse share split that occurred on December 5, 2016. |
(f) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
(g) | As described in Note 9, share amounts have been adjusted for 1:8 reverse share split that occurred on December 14, 2020. |
(h) | The amount shown for a share outstanding throughout the period does not accord with the change in aggregate gains and losses in the portfolio of securities during the period because of the timing of sales and purchases of fund shares in relation to fluctuating market values during the period. |
(i) | As described in Note 9, share amounts have been adjusted for 1:5 reverse share split that occurred on December 5, 2016. |
See accompanying notes to the financial statements.
Financial Highlights :: 273
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Net Realized Gains on Investments | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | |||||||||||||||||||||||||||||||||||||||||||
UltraShort Small-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 7.27 | (0.06 | ) | 0.78 | 0.72 | — | — | — | $ | 7.99 | 9.90 | %(d) | 2.17 | % | 1.78 | % | (1.78 | )% | $ | 4,135 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 20.12 | (0.18 | ) | (12.67 | ) | (12.85 | ) | — | — | — | $ | 7.27 | (63.87 | )% | 2.10 | % | 1.78 | % | (1.77 | )% | $ | 8,081 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 30.78 | (0.30 | ) | (10.28 | ) | (10.58 | ) | (0.08 | ) | — | (0.08 | ) | $ | 20.12 | (34.44 | )% | 2.16 | % | 1.78 | % | (1.04 | )% | $ | 7,746 | — | ||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 29.84 | 0.16 | 0.78 | 0.94 | — | — | — | $ | 30.78 | 3.22 | % | 3.14 | % | 1.78 | % | 0.50 | % | $ | 4,541 | — | |||||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 43.84 | (0.10 | ) | (13.90 | ) | (14.00 | ) | — | — | — | $ | 29.84 | (31.98 | )% | 2.03 | % | 1.76 | % | (0.29 | )% | $ | 4,058 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 66.19 | (0.68 | ) | (21.67 | ) | (22.35 | ) | — | — | — | $ | 43.84 | (33.78 | )% | 1.79 | % | 1.79 | % | (1.29 | )% | $ | 8,591 | — | ||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 6.71 | (0.10 | ) | 0.72 | 0.62 | — | — | — | $ | 7.33 | 9.24 | %(d) | 3.17 | % | 2.78 | % | (2.78 | )% | $ | 481 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 18.74 | (0.28 | ) | (11.75 | ) | (12.03 | ) | — | — | — | $ | 6.71 | (64.19 | )% | 3.10 | % | 2.78 | % | (2.77 | )% | $ | 508 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 28.86 | (0.57 | ) | (9.55 | ) | (10.12 | ) | — | — | — | $ | 18.74 | (35.07 | )% | 3.16 | % | 2.78 | % | (2.04 | )% | $ | 174 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 28.27 | (0.16 | ) | 0.75 | 0.59 | — | — | — | $ | 28.86 | 2.16 | % | 4.14 | % | 2.78 | % | (0.50 | )% | $ | 158 | — | ||||||||||||||||||||||||||||||||||
Year Ended July 31, 2018(e) | $ | 41.92 | (0.45 | ) | (13.20 | ) | (13.65 | ) | — | — | — | $ | 28.27 | (32.61 | )% | 3.03 | % | 2.76 | % | (1.29 | )% | $ | 111 | — | ||||||||||||||||||||||||||||||||
Year Ended July 31, 2017(e) | $ | 63.93 | (1.16 | ) | (20.85 | ) | (22.01 | ) | — | — | — | $ | 41.92 | (34.46 | )% | 2.79 | % | 2.79 | % | (2.29 | )% | $ | 239 | — | ||||||||||||||||||||||||||||||||
UltraSmall-Cap ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 89.55 | (0.29 | ) | (16.61 | ) | (16.90 | ) | — | — | — | $ | 72.65 | (18.87 | )%(d) | 1.50 | % | 1.50 | % | (0.65 | )% | $ | 74,336 | 13 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 41.81 | (0.81 | ) | 48.55 | 47.74 | — | — | — | $ | 89.55 | 114.21 | % | 1.62 | % | 1.62 | % | (1.04 | )% | $ | 100,147 | 27 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 57.95 | (0.25 | ) | (15.89 | ) | (16.14 | ) | — | — | — | $ | 41.81 | (27.85 | )% | 1.80 | % | 1.80 | % | (0.52 | )% | $ | 33,767 | 143 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 68.79 | 0.13 | (10.91 | ) | (10.78 | ) | (0.05 | ) | (0.01 | ) | (0.06 | ) | $ | 57.95 | (15.64 | )% | 1.60 | % | 1.60 | % | 0.23 | % | $ | 62,102 | 77 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 52.24 | (0.16 | ) | 17.14 | 16.98 | — | (0.43 | ) | (0.43 | ) | $ | 68.79 | 32.65 | % | 1.49 | % | 1.49 | % | (0.26 | )% | $ | 68,965 | 29 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 39.08 | (0.31 | ) | 13.47 | 13.16 | — | — | — | $ | 52.24 | 33.65 | % | 1.50 | % | 1.50 | % | (0.68 | )% | $ | 90,054 | 71 | % | |||||||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 72.53 | (0.65 | ) | (13.33 | ) | (13.98 | ) | — | — | — | $ | 58.55 | (19.27 | )%(d) | 2.50 | % | 2.50 | % | (1.65 | )% | $ | 750 | 13 | %(d) | |||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 34.20 | (1.46 | ) | 39.79 | 38.33 | — | — | — | $ | 72.53 | 112.08 | % | 2.62 | % | 2.62 | % | (2.04 | )% | $ | 994 | 27 | % | |||||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 47.88 | (0.64 | ) | (13.04 | ) | (13.68 | ) | — | — | — | $ | 34.20 | (28.57 | )% | 2.80 | % | 2.80 | % | (1.52 | )% | $ | 263 | 143 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 57.34 | (0.35 | ) | (9.10 | ) | (9.45 | ) | — | (0.01 | ) | (0.01 | ) | $ | 47.88 | (16.47 | )% | 2.60 | % | 2.60 | % | (0.77 | )% | $ | 460 | 77 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 44.08 | (0.63 | ) | 14.32 | 13.69 | — | (0.43 | ) | (0.43 | ) | $ | 57.34 | 31.20 | % | 2.49 | % | 2.49 | % | (1.26 | )% | $ | 1,847 | 29 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 33.30 | (0.70 | ) | 11.48 | 10.78 | — | — | — | $ | 44.08 | 32.37 | % | 2.50 | % | 2.50 | % | (1.68 | )% | $ | 720 | 71 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | As described in Note 9, share amounts have been adjusted for 1:4 reverse share split that occurred on January 22, 2018. |
See accompanying notes to the financial statements.
274 :: Financial Highlights
ProFunds Financial Highlights FOR THE PERIODS INDICATED
Selected data for a share of beneficial interest outstanding throughout the periods indicated.
Investment Activities | Distributions to Shareholders From | Ratios to Average Net Assets | Supplemental Data | |||||||||||||||||||||||||||||||||||||||||||||||||
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(a) | Net Realized and Unrealized Gains (Losses) on Investments | Total from Investment Activities | Net Investment Income | Total Distributions | Net Asset Value, End of Period | Total Return | Gross Expenses(b) | Net Expenses(b) | Net Investment Income (Loss)(b) | Net Assets, End of Period (000's) | Portfolio Turnover Rate(c) | ||||||||||||||||||||||||||||||||||||||||
U.S. Government Plus ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 69.24 | (0.46 | ) | (3.45 | ) | (3.91 | ) | — | — | $ | 65.33 | (5.65 | )%(d) | 1.33 | % | 1.33 | % | (1.33 | )% | $ | 24,634 | — | (d)(e) | ||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 85.98 | (0.83 | ) | (15.91 | ) | (16.74 | ) | — | — | $ | 69.24 | (19.47 | )% | 1.51 | % | 1.51 | % | (1.17 | )% | $ | 24,182 | 99 | % | ||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 60.08 | 0.06 | 26.01 | 26.07 | (0.17 | ) | (0.17 | ) | $ | 85.98 | 43.48 | % | 1.40 | % | 1.40 | % | 0.09 | % | $ | 21,927 | 392 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 52.14 | 0.61 | 7.94 | 8.55 | (0.61 | ) | (0.61 | ) | $ | 60.08 | 16.53 | % | 1.34 | % | 1.34 | % | 1.14 | % | $ | 23,791 | 503 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 53.83 | 0.20 | (1.78 | ) | (1.58 | ) | (0.11 | ) | (0.11 | ) | $ | 52.14 | (2.95 | )% | 1.35 | % | 1.35 | % | 0.38 | % | $ | 14,497 | 714 | % | |||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 63.97 | (0.33 | ) | (9.81 | ) | (10.14 | ) | — | — | $ | 53.83 | (15.84 | )% | 1.28 | % | 1.28 | % | (0.60 | )% | $ | 21,114 | 397 | % | ||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 62.71 | (0.77 | ) | (3.08 | ) | (3.85 | ) | — | — | $ | 58.86 | (6.12 | )%(d) | 2.33 | % | 2.33 | % | (2.33 | )% | $ | 241 | — | (d)(e) | ||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 78.67 | (1.50 | ) | (14.46 | ) | (15.96 | ) | — | — | $ | 62.71 | (20.29 | )% | 2.51 | % | 2.51 | % | (2.17 | )% | $ | 1,839 | 99 | % | ||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 55.37 | (0.62 | ) | 23.92 | 23.30 | — | (f) | — | (f) | $ | 78.67 | 42.11 | % | 2.40 | % | 2.40 | % | (0.91 | )% | $ | 2,385 | 392 | % | ||||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 48.09 | 0.12 | 7.24 | 7.36 | (0.08 | ) | (0.08 | ) | $ | 55.37 | 15.31 | % | 2.34 | % | 2.34 | % | 0.14 | % | $ | 2,605 | 503 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 50.07 | (0.29 | ) | (1.68 | ) | (1.97 | ) | (0.01 | ) | (0.01 | ) | $ | 48.09 | (3.94 | )% | 2.35 | % | 2.35 | % | (0.62 | )% | $ | 4,374 | 714 | % | ||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 60.10 | (0.87 | ) | (9.16 | ) | (10.03 | ) | — | — | $ | 50.07 | (16.70 | )% | 2.28 | % | 2.28 | % | (1.60 | )% | $ | 794 | 397 | % | ||||||||||||||||||||||||||||
Utilities UltraSector ProFund | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Investor Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 58.73 | 0.12 | 4.98 | 5.10 | (0.13 | ) | (0.13 | ) | $ | 63.70 | 8.68 | %(d) | 1.81 | % | 1.81 | % | 0.40 | % | $ | 8,620 | 49 | %(d) | |||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 51.44 | 0.09 | 7.52 | 7.61 | (0.32 | )(f) | (0.32 | ) | $ | 58.73 | 14.85 | % | 2.06 | % | 2.02 | %(g) | 0.17 | % | $ | 8,418 | 95 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 54.09 | 0.55 | (2.16 | ) | (1.61 | ) | (1.04 | ) | (1.04 | ) | $ | 51.44 | (3.25 | )% | 1.73 | % | 1.73 | % | 0.95 | % | $ | 8,717 | 368 | % | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 45.64 | 0.71 | 8.04 | 8.75 | (0.30 | ) | (0.30 | ) | $ | 54.09 | 19.30 | % | 1.72 | % | 1.72 | % | 1.41 | % | $ | 31,558 | 406 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 45.01 | 0.48 | 0.48 | 0.96 | (0.33 | ) | (0.33 | ) | $ | 45.64 | 2.15 | % | 1.69 | % | 1.69 | % | 1.07 | % | $ | 8,208 | 314 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 42.70 | 0.43 | 2.20 | 2.63 | (0.32 | ) | (0.32 | ) | $ | 45.01 | 6.27 | % | 1.65 | % | 1.65 | % | 1.06 | % | $ | 16,755 | 97 | % | |||||||||||||||||||||||||||||
Service Class | ||||||||||||||||||||||||||||||||||||||||||||||||||||
Six Months Ended January 31, 2022 (unaudited) | $ | 54.53 | (0.16 | ) | 4.60 | 4.44 | — | — | $ | 58.97 | 8.14 | %(d) | 2.81 | % | 2.81 | % | (0.60 | )% | $ | 953 | 49 | %(d) | ||||||||||||||||||||||||||||||
Year Ended July 31, 2021 | $ | 47.93 | (0.39 | ) | 6.99 | 6.60 | — | — | $ | 54.53 | 13.77 | % | 3.01 | % | 2.97 | %(g) | (0.78 | )% | $ | 368 | 95 | % | ||||||||||||||||||||||||||||||
Year Ended July 31, 2020 | $ | 50.80 | 0.06 | (2.01 | ) | (1.95 | ) | (0.92 | ) | (0.92 | ) | $ | 47.93 | (4.09 | )% | 2.65 | % | 2.65 | % | 0.03 | % | $ | 348 | 368 | % | |||||||||||||||||||||||||||
Year Ended July 31, 2019 | $ | 42.98 | 0.26 | 7.56 | 7.82 | — | — | $ | 50.80 | 18.19 | % | 2.67 | % | 2.67 | % | 0.46 | % | $ | 1,265 | 406 | % | |||||||||||||||||||||||||||||||
Year Ended July 31, 2018 | $ | 42.79 | 0.07 | 0.41 | 0.48 | (0.29 | ) | (0.29 | ) | $ | 42.98 | 1.14 | % | 2.67 | % | 2.67 | % | 0.09 | % | $ | 635 | 314 | % | |||||||||||||||||||||||||||||
Year Ended July 31, 2017 | $ | 40.67 | 0.05 | 2.07 | 2.12 | — | — | $ | 42.79 | 5.19 | % | 2.65 | % | 2.65 | % | 0.06 | % | $ | 671 | 97 | % |
(a) | Per share net investment income (loss) has been calculated using the average daily shares method. |
(b) | Annualized for periods less than one year. |
(c) | Portfolio turnover rate is calculated without regard to instruments having a maturity of less than one year from acquisition or derivative instruments (including swap agreements and futures contracts). The portfolio turnover rate can be high and volatile due to the amount and timing of sales and purchases of fund shares during the period. Portfolio turnover rate is calculated on the basis of the Fund as a whole without distinguishing between classes of shares issued. |
(d) | Not annualized for periods less than one year. |
(e) | Amount is less than $0.005. |
(f) | Subsequent to the issuance of the July 31, 2021 financial statements, $0.04 of the distribution was determined to be a return of capital. |
(g) | The expense ratio does not correlate to the applicable expense limits in place during the period given that the annual contractual expense limitation is applied for one year periods ended November 30th of each year, instead of coinciding with the July 31st year end. Details of the current expense limitation in effect can be found in Note 4 of the accompanying Notes to Financial Statements. |
See accompanying notes to the financial statements.
Notes to Financial Statements
276 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
1. Organization
ProFunds (the “Trust”) consists of 116 separate investment portfolios and is registered as an open-end management investment company under the Investment Company Act of 1940 (the “1940 Act”) and thus follows accounting and reporting guidance for investment companies. The Trust is organized as a Delaware statutory trust and is authorized to issue an unlimited number of shares of beneficial interest of no par value which may be issued in more than one class or series.
These accompanying financial statements relate to the following portfolios of the Trust included in this report (collectively, the “ProFunds” and individually, a “ProFund”):
Classic ProFunds:
Bull ProFund |
Europe 30 ProFund |
Large-Cap Growth ProFund |
Large-Cap Value ProFund |
Mid-Cap Growth ProFund |
Mid-Cap ProFund |
Mid-Cap Value ProFund |
Nasdaq-100 ProFund |
Small-Cap Growth ProFund |
Small-Cap ProFund |
Small-Cap Value ProFund |
Ultra ProFunds:
UltraBull ProFund |
UltraChina ProFund |
UltraDow 30 ProFund |
UltraEmerging Markets ProFund |
UltraInternational ProFund |
UltraJapan ProFund |
UltraLatin America ProFund |
UltraMid-Cap ProFund |
UltraNasdaq-100 ProFund |
UltraSmall-Cap ProFund |
Inverse ProFunds:
Bear ProFund |
Short Nasdaq-100 ProFund |
Short Small-Cap ProFund |
UltraBear ProFund |
UltraShort China ProFund |
UltraShort Dow 30 ProFund |
UltraShort Emerging Markets ProFund |
UltraShort International ProFund |
UltraShort Japan ProFund |
UltraShort Latin America ProFund |
UltraShort Mid-Cap ProFund |
UltraShort Nasdaq-100 ProFund |
UltraShort Small-Cap ProFund |
UltraSector ProFunds:
Banks UltraSector ProFund |
Basic Materials UltraSector ProFund |
Biotechnology UltraSector ProFund |
Communication Services UltraSector ProFund |
Consumer Goods UltraSector ProFund |
Consumer Services UltraSector ProFund |
Financials UltraSector ProFund |
Health Care UltraSector ProFund |
Industrials UltraSector ProFund |
Internet UltraSector ProFund |
Oil & Gas UltraSector ProFund |
Oil Equipment & Services UltraSector ProFund |
Pharmaceuticals UltraSector ProFund |
Precious Metals UltraSector ProFund |
Real Estate UltraSector ProFund |
Semiconductor UltraSector ProFund |
Technology UltraSector ProFund |
Telecommunications UltraSector ProFund |
Utilities UltraSector ProFund |
Inverse Sector ProFunds:
Short Oil & Gas ProFund |
Short Precious Metals ProFund |
Short Real Estate ProFund |
Digital Assets ProFund:
Bitcoin Strategy ProFund |
Non-Equity ProFunds:
Access Flex Bear High Yield ProFund |
Access Flex High Yield ProFund |
Falling U.S. Dollar ProFund |
Rising Rates Opportunity ProFund |
Rising Rates Opportunity 10 ProFund |
Rising U.S. Dollar ProFund |
U.S. Government Plus ProFund |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 277
Each ProFund, other than Europe 30 ProFund, Large-Cap Growth ProFund, Large-Cap Value ProFund, Mid-Cap Growth ProFund, Mid-Cap Value ProFund, Small-Cap Growth ProFund, and Small-Cap Value ProFund is classified as non-diversified under the 1940 Act. Each ProFund, with the exception of Bitcoin Strategy ProFund, has two classes of shares outstanding: an Investor Class and a Service Class. The Bitcoin Strategy ProFund, has one class: an Investor Class.
The Large-Cap Growth ProFund may operate as “non-diversified”, as defined under the 1940 Act, to the extent necessary to approximate the composition of its index.
Each class of shares has identical rights and privileges except with respect to fees paid under the Distribution and Shareholder Services Plan and voting rights on matters affecting a single class of shares.
Under the Trust’s organizational documents, its Officers and Trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust and ProFunds’ maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the ProFunds.
2. Significant Accounting Policies
The following is a summary of significant accounting policies followed by each ProFund in the preparation of its financial statements. These policies are in conformity with U.S. generally accepted accounting principles (“GAAP”). The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. The actual results could differ from those estimates.
Basis of Consolidation
The accompanying Consolidated Schedule of Portfolio Investments, Consolidated Statement of Assets and Liabilities, Consolidated Statement of Operations, Consolidated Statement of Changes in Net Assets, Consolidated Statement of Cash Flows, and Consolidated Financial Highlights of Bitcoin Strategy ProFund include the accounts of the ProFunds Bitcoin Strategy Portfolio, a wholly-owned subsidiary of the ProFund (the “Subsidiary”) organized under the laws of the Cayman Islands, which primarily invests in Bitcoin related instruments. The Subsidiary enables the ProFund to hold these Bitcoin-related instruments and satisfy “regulated investment company” (“RIC”) tax requirements. The ProFund will invest a significant portion of its total assets in its Subsidiary. As of January 31, 2022, the net assets of ProFunds Bitcoin Strategy Portfolio were 22.3% of the adjusted net assets of Bitcoin Strategy ProFund (as adjusted for reverse repurchase agreements). Intercompany accounts and transactions, if any, have been eliminated. The Subsidiary is subject to the same investment policies and restrictions that apply to Bitcoin Strategy ProFund, except that the Subsidiary may invest without limitation in Bitcoin-related instruments.
Investment in a Subsidiary
The Bitcoin Strategy ProFund intends to achieve commodity exposure through investment in the Subsidiary. The Bitcoin Strategy ProFund’s investment in its Subsidiary is intended to provide the ProFund with exposure to commodity and financial markets in accordance with applicable rules and regulations. The Subsidiary may invest in derivatives, including futures, forwards, options and other investments intended to serve as margin or collateral or otherwise support the Subsidiary’s derivatives positions. The Subsidiary is not registered under the 1940 Act, and will not have all of the protections offered to investors in RICs. The Board, however, has oversight responsibility for the investment activities of the ProFund, including its investment in its Subsidiary, and the ProFund’s role as the sole shareholder of the Subsidiary. Changes in the laws of the United States and/or the Cayman Islands, under which the ProFund and the Subsidiary are organized, respectively, could result in the inability of the ProFund and/or its Subsidiary to operate as described in the ProFund’s Statement of Additional Information and could negatively affect the ProFund and its shareholders. For example, the Cayman Islands does not currently impose any income, corporate or capital gains tax, estate duty, inheritance tax, gift tax or withholding tax on the Subsidiary. If Cayman Islands law changes such that the Subsidiary must pay Cayman Islands taxes, ProFund shareholders would likely suffer decreased investment returns. The financial statements of the Subsidiary have been consolidated with the ProFund’s financial statements in this report.
Investment Valuation
The ProFunds record their investments at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The valuation techniques used to determine fair value are further described in Note 3.
Repurchase Agreements
Each ProFund may enter into repurchase agreements with financial institutions in pursuit of its investment objective, as “cover” for the investment techniques it employs, or for liquidity purposes. Repurchase agreements are primarily used by the ProFunds as short-term investments for cash positions. Under a repurchase agreement, a ProFund purchases a debt security and simultaneously agrees to sell the security back to the seller at a mutually agreed-upon future price and date, normally one business day. The resale price is typically greater than the purchase price, reflecting an agreed-upon market interest rate during the purchaser’s holding period. While the maturities of the underlying securities in repurchase transactions may be more than one year, the term of each repurchase agreement will always be less than one year.
The ProFunds follow certain procedures designed to minimize the risks inherent in such agreements. These procedures include effecting repurchase transactions generally with major, global financial institutions whose creditworthiness is continuously monitored by ProFund Advisors LLC (the “Advisor”). In addition, the value of the collateral underlying the repurchase agreement will always be at least equal to the repurchase price, including any accrued interest earned on the repurchase agreement. Funds
278 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
within the Trust invest in repurchase agreements jointly. Each ProFund, therefore, holds a pro rata share of the collateral and interest income based upon the dollar amount of the repurchase agreements entered into by each ProFund. The collateral underlying the repurchase agreement is held by the ProFund’s custodian. In the event of a default or bankruptcy by a selling financial institution, a ProFund will seek to liquidate such collateral which could involve certain costs or delays and, to the extent that proceeds from any sale upon a default of the obligation to repurchase were less than the repurchase price, the ProFund could suffer a loss. A ProFund also may experience difficulties and incur certain costs in exercising its rights to the collateral and may lose the interest the ProFund expected to receive under the repurchase agreement. Repurchase agreements usually are for short periods, such as one week or less, but may be longer. It is the current policy of the ProFunds not to invest in repurchase agreements that do not mature within seven days if any such investment, together with any other illiquid assets held by the ProFund, amounts to more than 15% of the ProFund’s total net assets. The investments of each of the ProFunds in repurchase agreements at times may be substantial when, in the view of the Advisor, liquidity, investment, regulatory, or other considerations so warrant. During periods of high demand for repurchase agreements, the ProFunds may be unable to invest available cash in these instruments to the extent desired by the Advisor.
Information concerning the counterparties, value of, collateralization and amounts due under repurchase agreement transactions may be found in the table below.
As of January 31, 2022, the ProFunds had undivided interest in joint repurchase agreements with the following counterparties, for the time periods and rates indicated. Amounts shown in the table below represent principal amount, cost and value for each respective repurchase agreement.
Fund Name | Canadian Imperial Bank of Canada 0.00% dated 7/31/21, due 2/1/22(1) | Credit Agricole CIB, 0.00% dated 7/31/21, due 2/1/22(2) | HSBC Securities (USA), Inc., 0.00% dated 7/31/21, due 0(3) | RBC Capital Markets, LLC, 0.00% dated 7/31/21, due 2/1/22(4) | Societe’ Generale, 0.00% dated 7/31/21, due 2/1/22(5) | UMB Bank N.A., 0.00% dated 7/31/21, due 2/1/22(6) | ||||||||||||||||||
Access Flex Bear High Yield ProFund | $ | 18,000 | $ | 35,000 | $ | 234,000 | $ | 35,000 | $ | 122,000 | $ | 13,000 | ||||||||||||
Access Flex High Yield ProFund | 85,000 | 160,000 | 1,070,000 | 160,000 | 556,000 | 52,000 | ||||||||||||||||||
Banks UltraSector ProFund | 167,000 | 314,000 | 2,106,000 | 314,000 | 1,094,000 | 104,000 | ||||||||||||||||||
Basic Materials UltraSector ProFund | 50,000 | 97,000 | 650,000 | 97,000 | 337,000 | 37,000 | ||||||||||||||||||
Bear ProFund | 441,000 | 829,000 | 5,532,000 | 829,000 | 2,876,000 | 257,000 | ||||||||||||||||||
Biotechnology UltraSector ProFund | 1,054,000 | 1,976,000 | 13,183,000 | 1,976,000 | 6,854,000 | 604,000 | ||||||||||||||||||
Bull ProFund | 371,000 | 698,000 | 4,656,000 | 698,000 | 2,421,000 | 216,000 | ||||||||||||||||||
Communication Services UltraSector ProFund | 54,000 | 102,000 | 684,000 | 102,000 | 356,000 | 36,000 | ||||||||||||||||||
Consumer Goods UltraSector ProFund | 84,000 | 157,000 | 1,056,000 | 157,000 | 548,000 | 53,000 | ||||||||||||||||||
Consumer Services UltraSector ProFund | 383,000 | 719,000 | 4,803,000 | 719,000 | 2,497,000 | 225,000 | ||||||||||||||||||
Falling U.S. Dollar ProFund | 45,000 | 86,000 | 582,000 | 86,000 | 303,000 | 33,000 | ||||||||||||||||||
Financials UltraSector ProFund | 92,000 | 173,000 | 1,164,000 | 173,000 | 604,000 | 63,000 | ||||||||||||||||||
Health Care UltraSector ProFund | 134,000 | 253,000 | 1,700,000 | 253,000 | 883,000 | 89,000 | ||||||||||||||||||
Industrials UltraSector ProFund | 46,000 | 87,000 | 584,000 | 87,000 | 303,000 | 32,000 | ||||||||||||||||||
Internet UltraSector ProFund | 1,087,000 | 2,037,000 | 13,590,000 | 2,037,000 | 7,066,000 | 621,000 | ||||||||||||||||||
Large Cap Growth ProFund | — | 1,000 | 9,000 | 1,000 | 4,000 | 3,000 | ||||||||||||||||||
Mid Cap ProFund | 79,000 | 149,000 | 1,004,000 | 149,000 | 521,000 | 53,000 | ||||||||||||||||||
Nasdaq 100 ProFund | 514,000 | 967,000 | 6,454,000 | 967,000 | 3,356,000 | 301,000 | ||||||||||||||||||
Oil & Gas UltraSector ProFund | 408,000 | 767,000 | 5,121,000 | 767,000 | 2,663,000 | 242,000 | ||||||||||||||||||
Oil Equipment & Services UltraSector | 210,000 | 396,000 | 2,646,000 | 396,000 | 1,375,000 | 127,000 | ||||||||||||||||||
Pharmaceuticals UltraSector ProFund | 38,000 | 74,000 | 498,000 | 74,000 | 258,000 | 29,000 | ||||||||||||||||||
Precious Metals UltraSector ProFund | 240,000 | 452,000 | 3,021,000 | 452,000 | 1,570,000 | 145,000 | ||||||||||||||||||
Real Estate UltraSector ProFund | 195,000 | 367,000 | 2,453,000 | 367,000 | 1,275,000 | 118,000 | ||||||||||||||||||
Rising Rates Opportunity ProFund | 503,000 | 943,000 | 6,297,000 | 943,000 | 3,274,000 | 293,000 | ||||||||||||||||||
Rising Rates Opportunity 10 ProFund | 118,000 | 224,000 | 1,501,000 | 224,000 | 780,000 | 75,000 | ||||||||||||||||||
Rising U.S. Dollar ProFund | 931,000 | 1,747,000 | 11,657,000 | 1,747,000 | 6,061,000 | 536,000 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 279
Fund Name | Canadian Imperial Bank of Canada 0.00% dated 7/31/21, due 2/1/22(1) | Credit Agricole CIB, 0.00% dated 7/31/21, due 2/1/22(2) | HSBC Securities (USA), Inc., 0.00% dated 7/31/21, due 0(3) | RBC Capital Markets, LLC, 0.00% dated 7/31/21, due 2/1/22(4) | Societe’ Generale, 0.00% dated 7/31/21, due 2/1/22(5) | UMB Bank N.A., 0.00% dated 7/31/21, due 2/1/22(6) | ||||||||||||||||||
Semiconductor UltraSector ProFund | $ | 1,078,000 | $ | 2,023,000 | $ | 13,494,000 | $ | 2,023,000 | $ | 7,016,000 | $ | 617,000 | ||||||||||||
Short Nasdaq 100 ProFund | 3,695,000 | 6,928,000 | 46,198,000 | 6,928,000 | 24,022,000 | 2,100,000 | ||||||||||||||||||
Short Oil & Gas ProFund | 15,000 | 30,000 | 204,000 | 30,000 | 106,000 | 16,000 | ||||||||||||||||||
Short Precious Metals ProFund | 124,000 | 232,000 | 1,557,000 | 232,000 | 809,000 | 79,000 | ||||||||||||||||||
Short Real Estate ProFund | 29,000 | 56,000 | 385,000 | 56,000 | 200,000 | 26,000 | ||||||||||||||||||
Short Small Cap ProFund | 58,000 | 113,000 | 759,000 | 113,000 | 394,000 | 45,000 | ||||||||||||||||||
Small-Cap ProFund | 106,000 | 200,000 | 1,343,000 | 200,000 | 697,000 | 69,000 | ||||||||||||||||||
Technology UltraSector ProFund | 984,000 | 1,847,000 | 12,323,000 | 1,847,000 | 6,407,000 | 567,000 | ||||||||||||||||||
Telecommunications UltraSector ProFund | 10,000 | 20,000 | 141,000 | 20,000 | 73,000 | 12,000 | ||||||||||||||||||
UltraBear ProFund | 404,000 | 760,000 | 5,074,000 | 760,000 | 2,638,000 | 238,000 | ||||||||||||||||||
UltraBull ProFund | 1,238,000 | 2,323,000 | 15,492,000 | 2,323,000 | 8,055,000 | 706,000 | ||||||||||||||||||
UltraChina ProFund | 116,000 | 217,000 | 1,458,000 | 217,000 | 758,000 | 73,000 | ||||||||||||||||||
UltraDow 30 ProFund | 351,000 | 659,000 | 4,398,000 | 659,000 | 2,286,000 | 206,000 | ||||||||||||||||||
UltraEmerging Markets ProFund | 42,000 | 79,000 | 539,000 | 79,000 | 280,000 | 33,000 | ||||||||||||||||||
UltraInternational ProFund | 99,000 | 187,000 | 1,253,000 | 187,000 | 652,000 | 63,000 | ||||||||||||||||||
UltraJapan ProFund | 452,000 | 848,000 | 5,654,000 | 848,000 | 2,940,000 | 257,000 | ||||||||||||||||||
UltraLatin America ProFund | 98,000 | 185,000 | 1,243,000 | 185,000 | 646,000 | 63,000 | ||||||||||||||||||
UltraMid-Cap ProFund | 344,000 | 646,000 | 4,323,000 | 646,000 | 2,247,000 | 206,000 | ||||||||||||||||||
UltraNasdaq-100 ProFund | 5,369,000 | 10,068,000 | 67,132,000 | 10,068,000 | 34,907,000 | 3,048,000 | ||||||||||||||||||
UltraShort China ProFund | 165,000 | 309,000 | 2,074,000 | 309,000 | 1,077,000 | 102,000 | ||||||||||||||||||
UltraShort Dow 30 ProFund | 103,000 | 195,000 | 1,307,000 | 195,000 | 679,000 | 66,000 | ||||||||||||||||||
UltraShort Emerging Markets ProFund | 32,000 | 62,000 | 417,000 | 62,000 | 216,000 | 24,000 | ||||||||||||||||||
UltraShort International ProFund | 63,000 | 120,000 | 813,000 | 120,000 | 423,000 | 47,000 | ||||||||||||||||||
UltraShort Japan ProFund | 15,000 | 28,000 | 189,000 | 28,000 | 98,000 | 11,000 | ||||||||||||||||||
UltraShort Latin America ProFund | 33,000 | 63,000 | 432,000 | 63,000 | 224,000 | 30,000 | ||||||||||||||||||
UltraShort Mid-Cap ProFund | 64,000 | 122,000 | 824,000 | 122,000 | 428,000 | 46,000 | ||||||||||||||||||
UltraShort Nasdaq-100 ProFund | 5,183,000 | 9,719,000 | 64,812,000 | 9,719,000 | 33,701,000 | 2,945,000 | ||||||||||||||||||
UltraShort Small-Cap ProFund | 216,000 | 407,000 | 2,728,000 | 407,000 | 1,417,000 | 135,000 | ||||||||||||||||||
UltraSmall-Cap ProFund | 524,000 | 985,000 | 6,581,000 | 985,000 | 3,422,000 | 307,000 | ||||||||||||||||||
U.S. Government Plus ProFund | 978,000 | 1,835,000 | 12,247,000 | 1,835,000 | 6,368,000 | 563,000 | ||||||||||||||||||
Utilities UltraSector ProFund | 89,000 | 168,000 | 1,125,000 | 168,000 | 583,000 | 60,000 | ||||||||||||||||||
$ | 29,424,000 | $ | 55,244,000 | $ | 368,774,000 | $ | 55,244,000 | $ | 191,726,000 | $ | 17,117,000 |
Each repurchase agreement was fully collateralized by U.S. government and/or agency securities as of January 31, 2022 as follows:
(1) | U.S. Treasury Notes, 0.50%, due 2/28/26, total value $30,019,392. |
(2) | U.S. Treasury Inflation-Protected Securities (TIPS), 0.125%, total value $56,440,441. |
(3) | U.S. Treasury Bonds, 2.75%, due 8/15/47, U.S. Treasury Separate Trading of Registered Interest and Principal of Securities (STRIPS), effective yield or interest rate in effect at January 31, 2022, 2.192%, due 5/15/40, which had an aggregate value of $376,200,692. |
(4) | U.S. Treasury Inflation-Protected Securities (TIPS), 0.125%, due 4/15/22, total value of $56,358,433. |
(5) | U.S. Treasury Inflation-Protected Securities (TIPS), 0.25%, due 1/15/25, total value $195,571,320. |
(6) | Federal Home Loan Banks, 1.20% to 3.375%, due 12/8/23 to 12/30/24, which had an aggregate value of $17,869,310. |
Reverse Repurchase Agreements
The Bitcoin Strategy ProFund may enter into reverse repurchase agreements as part of its investment strategy, which may be viewed as a form of borrowing. Reverse repurchase agreements involve sales by the ProFund of portfolio assets for cash concurrently with an agreement by the ProFund to repurchase those same assets at a later date at a fixed price. Generally, the effect of such a transaction is that the ProFund can recover all or most of the cash invested in the portfolio securities involved during the term of the reverse repurchase agreement, while the ProFund will be able to keep the interest income associated with those portfolio securities. Such transactions are advantageous only if the interest cost to the ProFund of the reverse repurchase transaction is less than the cost of obtaining the cash otherwise. Opportunities to achieve this advantage may not always be available, and the ProFund intends to use the reverse repurchase technique only when it will be to the ProFund’s advantage to do so. The ProFund will segregate with its custodian bank cash or liquid instruments equal in value to the ProFund’s obligations with respect to reverse repurchase agreements.
280 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
As of January 31, 2022, the ProFunds’ outstanding balances on reverse repurchase agreements were as follows:
Counterparty | Interest Rate | Principal Amount | Maturity | Value | Value & Accrued Interest | |||||||||||||||||
Bitcoin Strategy ProFund | UMB Bank N.A. | 0.08 | % | $ | (19,985,000 | ) | 2/1/2022 | $ | (19,985,000 | ) | $ | (19,985,044 | ) | |||||||||
For the period ended January 31, 2022, the average daily balance outstanding and average interest rate on the ProFunds’ reverse repurchase agreements were as follows:
Bitcoin Strategy ProFund | ||||
Average daily balance outstanding | $ | 16,744,932 | ||
Average interest rate | 0.08 | % |
The following table presents the reverse repurchase agreements subject to netting agreements and the collateral delivered related to those reverse repurchase agreements.
Counterparty | Reverse Repurchase Agreements(1) | Collateral Pledged to Counterparty(1) | ||||||||
Bitcoin Strategy ProFund | UMB Bank N.A. | $ | (19,985,044 | ) | $ | 19,985,044 | ||||
(1) Represents gross value and accrued interest for the counterparty as reported in the preceding table.
Investments in Other Investment Companies
Each ProFund may invest in other investment companies, including exchange-traded funds (“ETFs”) and unit investment trusts (“UITs”), to the extent that such an investment would be consistent with the requirements of the 1940 Act or any exemptive order issued by the SEC. If the ProFund invests in, and thus, is a shareholder of, another investment company, the ProFund’s shareholders will indirectly bear the ProFund’s proportionate share of the fees and expenses paid by such other investment company, including advisory fees, in addition to both the management fees payable directly by the Fund to the Fund’s own investment adviser and the other expenses that the Fund bears directly in connection with the Fund’s own operations. Because most ETFs are investment companies, absent exemptive relief or reliance on an applicable exemptive statute or rule, the ProFund’s investments in such investment companies generally would be limited under applicable federal statutory provisions. Those provisions typically restrict the ProFund’s investment in the shares of another investment company to up to 5% of its assets (which may represent no more than 3% of the securities of such other investment company) and limit aggregate investments in all investment companies to 10% of assets. The Fund may invest in certain ETFs in excess of the statutory limit in reliance on an exemptive order issued by the SEC to those entities or pursuant to statutory or exemptive relief and pursuant to procedures approved by the Board provided that the ProFund complies with the conditions of the exemptive relief, as they may be amended from time to time, and any other applicable investment limitations.
Depositary Receipts
Each ProFund may invest in American Depositary Receipts (“ADRs”), New York Shares (“NYSs”) and Global Depositary Receipts (“GDRs”). ADRs represent the right to receive securities of foreign issuers deposited in a bank or corresponding bank. ADRs are an alternative to purchasing the underlying securities in their national markets and currencies. For many foreign securities, U.S. dollar-denominated ADRs, which are traded in the United States on exchanges or over-the-counter (“OTC”), are issued by domestic banks. NYSs (or “direct shares”) are foreign stocks denominated in U.S. dollars that trade on American exchanges without being converted to ADRs. GDRs are receipts for shares in a foreign-based corporation traded in capital markets around the world.
The ProFunds may invest in both sponsored and unsponsored depositary receipts. Certain depositary receipts, typically those designated as “unsponsored”, require the holders thereof to bear most of the costs of such facilities, while issuers of “sponsored” facilities normally pay more of the cost thereof. The depositary of an unsponsored facility frequently is under no obligation to distribute shareholder communications received from the issuer of the deposited securities or to pass through the voting rights to facility holders with respect to the deposited securities, whereas the depository of a sponsored facility typically distributes shareholder communications and passes through the voting rights.
Real Estate Investment Trusts
Each ProFund (other than the Non-Equity ProFunds) may invest in real estate investment trusts (“REITs”) which report information on the source of their distributions annually. Equity REITs invest primarily in real property while mortgage REITs invest in constructions, development and long-term mortgage loans. Their value may be affected by changes in the value of the underlying property of the REITs, the creditworthiness of the issuer, property taxes, interest rates, and tax regulatory requirements, such as those relating to the environment. REITs are dependent upon management skill, are not diversified and are subject to heavy cash flow dependency, default by borrowers, self-liquidation, the possibility of failing to qualify for tax-free pass-through of income under the Internal Revenue Code of 1986, as amended, and the possibility of failing to maintain exempt status under the 1940 Act. Certain distributions received from REITs during the year are recorded as realized gains or return of capital when such information becomes known.
Derivative Instruments
In seeking to achieve each ProFund’s investment objective, the Advisor uses a mathematical approach to investing. Using this approach, the Advisor determines the type, quantity and mix of
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 281
investment positions. Certain ProFunds may obtain investment exposure through derivative instruments such as futures contracts, forward currency contracts and swap agreements, that a ProFund should hold to approximate the daily performance, inverse performance, or multiple thereof, as applicable, of its benchmark. All derivative instruments held during the period ended January 31, 2022, were utilized to gain exposure or inverse exposure to each ProFund’s benchmark (e.g., index, etc.) to meet its investment objective.
The Access Flex Bear High Yield ProFund and Access Flex High Yield ProFund maintain exposure to the high yield market (i.e., U.S. corporate high yield debt market), regardless of market conditions. This means these ProFunds do not adopt defensive positions in cash or other instruments in anticipation of an adverse market climate. The Access Flex Bear High Yield ProFund invests primarily in derivatives, money market instruments, and U.S. Treasury obligations that the Advisor believes, in combination, should provide investment results that correspond to the high yield market. The Access Flex High Yield ProFund invests primarily in derivatives, money market instruments, and U.S. Treasury obligations that the Advisor believes, in combination, should provide investment results that correspond to the high yield market. During the period ended January 31, 2022, the ProFunds held credit default swap agreements for credit exposure to the high yield market and futures contracts and/or treasury notes for interest rate exposure to meet the ProFunds investment objective.
Each ProFund, other than the Classic ProFunds and the Falling U.S. Dollar ProFund, does not seek to achieve its investment objective over a period of time greater than a single day.
All open derivative positions at period end are reflected on each respective ProFund’s Schedule of Portfolio Investments. The volume associated with derivative positions varies on a daily basis as each ProFund transacts in derivative contracts in order to achieve the appropriate exposure, as expressed in notional amount (contract value for forward currency contracts), in comparison to net assets consistent with each ProFund’s investment objective.
Certain ProFunds utilized a varying level of derivative instruments in conjunction with the investment securities to meet their investment objective during the period ended January 31, 2022. With the exception of the ProFunds listed below, the notional amount of open derivative positions relative to each ProFund’s net assets at year end is generally representative of the notional amount of open positions to net assets throughout the year. The volume associated with derivative positions in the Bull ProFund, Nasdaq-100 ProFund, UltraSmall-Cap ProFund and U.S. Government Plus ProFund was 32%, 41%, 130% and 113%, respectively, based on average monthly notional amounts in comparison to net assets during the period ended January 31, 2022.
In connection with its management of certain series of the Trust included in this report (Bitcoin Strategy ProFund, UltraBear ProFund, UltraJapan ProFund, UltraShort Dow 30 ProFund, UltraShort Japan ProFund, UltraShort Mid-Cap ProFund, UltraShort Nasdaq-100 ProFund and UltraShort Small-Cap ProFund (the “Commodity Pools”)), the Advisor is registered as a commodity pool operator (a “CPO”) and the Commodity Pools are commodity pools under the Commodity Exchange Act (the “CEA”). The Advisor also registered as a commodity trading advisor (a “CTA”) under the CEA as a result of its role as subadvisor to funds outside the Trust. Accordingly, the Advisor is subject to registration and regulation as a CPO and CTA under the CEA, and must comply with various regulatory requirements under the CEA and the rules and regulations of the Commodity Futures Trading Commission (“CFTC”) and the National Futures Association (“NFA”), including investor protection requirements, antifraud provisions, disclosure requirements and reporting and recordkeeping requirements. The Advisor is also subject to periodic inspections and audits by the CFTC and NFA. Compliance with these regulatory requirements could adversely affect the Commodity Pools’ total return. In this regard, any further amendment to the CEA or its related regulations that subject the Advisor or the Commodity Pools to additional regulation may have adverse impacts on the Commodity Pools’ operations and expenses.
The following is a description of the derivative instruments utilized by the ProFunds, including certain risks related to each instrument type.
Futures Contracts
Each ProFund may purchase or sell futures contracts as a substitute for a comparable market position in the underlying securities or to satisfy regulatory requirements. A cash-settled futures contract obligates the seller to deliver (and the purchaser to accept) an amount of cash equal to a specific dollar amount (the contract multiplier) multiplied by the difference between the final settlement price of a specific futures contract and the price at which the agreement is made. No physical delivery of the underlying asset is made.
Each ProFund generally engages in closing or offsetting transactions before final settlement of a futures contract, wherein a second identical futures contract is sold to offset a long position (or bought to offset a short position). In such cases, the obligation is to deliver (or take delivery of) cash equal to a specific dollar amount (the contract multiplier) multiplied by the difference between the price of the offsetting transaction and the price at which the original contract was entered into. If the original position entered into is a long position (futures contract purchased), there will be a gain (loss) if the offsetting sell transaction is carried out at a higher (lower) price, inclusive of commissions. If the original position entered into is a short position (futures contract sold), there will be a gain (loss) if the offsetting buy transaction is carried out at a lower (higher) price, inclusive of commissions.
Whether a ProFund realizes a gain or loss from futures activities depends generally upon movements in the underlying currency, commodity, security or index. The extent of a ProFund’s loss from an unhedged short position in futures contracts is potentially unlimited and investors may lose the amount that they invest plus any profits recognized on that investment. Each ProFund will engage in transactions in futures contracts that are traded on a U.S. exchange or board of trade or that have been approved for sale in the U.S. by the CFTC.
Upon entering into a futures contract, each ProFund will be required to deposit with the broker an amount of cash or cash equivalents in the range of approximately 5% to 10% of the contract amount for equity index futures and in the range of approximately 1% to 3% of the contract amount for treasury
282 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
futures (this amount is subject to change by the exchange on which the contract is traded). This amount, known as “initial margin,” is in the nature of a performance bond or good faith deposit on the contract and is returned to the ProFund upon termination of the futures contract, assuming all contractual obligations have been satisfied. Subsequent payments, known as “variation margin,” to and from the broker will be made daily as the price of the asset underlying the futures contract fluctuates, making the long and short positions in the futures contract more or less valuable, a process known as “marking-to-market.” At any time prior to expiration of a futures contract, a ProFund may elect to close its position by taking an opposite position, which will operate to terminate the ProFund’s existing position in the contract.
The primary risks associated with the use of futures contracts are imperfect correlation between movements in the price of futures and the market value of the underlying assets, and the possibility of an illiquid market for a futures contract. Although each ProFund intends to sell futures contracts only if there is an active market for such contracts, no assurance can be given that a liquid market will exist for any particular contract at any particular time. Many futures exchanges and boards of trade limit the amount of fluctuation permitted in futures contract prices during a single trading day. Once the daily limit has been reached in a particular contract, no trades may be made that day at a price beyond that limit or trading may be suspended for specified periods during the day. Futures contract prices could move to the limit for several consecutive trading days with little or no trading, thereby preventing prompt liquidation of futures positions and potentially subjecting a ProFund to substantial losses. If trading is not possible, or if a ProFund determines not to close a futures position in anticipation of adverse price movements, the ProFund will be required to make daily cash payments of variation margin. The risk that the ProFund will be unable to close out a futures position will be minimized by entering into such transactions on a national exchange with an active and liquid secondary market. In addition, although the counterparty to a futures contract is often a clearing organization, backed by a group of financial institutions, there may be instances in which the counterparty could fail to perform its obligations, causing significant losses to a ProFund.
Forward Currency Contracts
The Falling U.S. Dollar and Rising U.S. Dollar ProFunds may invest in forward currency contracts for investment or risk management purposes. A forward currency contract is an obligation to buy or sell a specific currency at a future date, which may be any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of the contract. These contracts are entered into on the interbank market conducted directly between currency traders (usually large commercial banks) and their customers.
It is possible that, under certain circumstances, these ProFunds may have to limit its currency transactions to qualify as a RIC under the Internal Revenue Code. The Falling U.S. Dollar and Rising U.S. Dollar ProFunds do not intend to enter into a forward currency contract with a term of more than one year, or to engage in position hedging with respect to the currency of a particular country to more than the aggregate market value (at the time the hedging transaction is entered into) of their portfolio securities denominated in (or quoted in or currently convertible into or directly related through the use of forward currency contracts in conjunction with money market instruments to) that particular currency.
At or before the maturity of a forward currency contract, the Falling U.S. Dollar and Rising U.S. Dollar ProFunds may either sell a portfolio security and make delivery of the currency, or retain the security and terminate its contractual obligation to deliver the currency by buying an “offsetting” contract obligating it to buy, on the same maturity date, the same amount of the currency. If one of these ProFunds engages in an offsetting transaction, it may later enter into a new forward currency contract to sell the currency.
If the Falling U.S. Dollar and Rising U.S. Dollar ProFunds engage in offsetting transactions it will incur a gain or loss, to the extent that there has been movement in forward currency contract prices. If forward prices go down during the period between the date the Falling U.S. Dollar and Rising U.S. Dollar ProFunds enter into a forward currency contract for the sale of a currency and the date it enters into an offsetting contract for the purchase of the currency, the ProFund will realize a gain to the extent that the price of ProFund currency it has agreed to sell exceeds the price of the currency it has agreed to buy. If forward prices go up, the ProFund will suffer a loss to the extent the price of the currency it has agreed to buy exceeds the price of the currency it has agreed to sell.
The Falling U.S. Dollar and Rising U.S. Dollar ProFunds collateralize forward currency contracts with cash and certain securities as indicated on the Statement of Assets and Liabilities and the Schedule of Portfolio Investments, respectively. Such collateral is held for the benefit of the counterparty in a segregated tri-party account at the custodian, to protect the counterparty against non-payment by the respective ProFund. Similarly, the Falling U.S. Dollar and Rising U.S. Dollar ProFunds have sought to mitigate credit risk by generally requiring that the counterparties to the ProFund post collateral for the benefit of the ProFund in a segregated account at the custodian, marked to market daily, in an amount equal to what the counterparty owes the ProFund, subject to certain minimum thresholds. In the event of a default by the counterparty, each ProFund will seek withdrawal of this collateral from the segregated account and may incur certain costs exercising its right with respect to the collateral. If a counterparty becomes bankrupt or fails to perform its obligations, the Falling U.S. Dollar and Rising U.S. Dollar ProFunds may experience significant delays in obtaining any recovery in a bankruptcy or other reorganization proceeding. The ProFunds may obtain only limited recovery or may obtain no recovery in such circumstances. The Falling U.S. Dollar and Rising U.S. Dollar ProFunds will enter into forward currency contracts only with financial institutions that meet the credit quality standards and monitoring policies established by the Advisor. As of January 31, 2022, the collateral posted by counterparties consisted of U.S. Treasury securities and cash.
Credit Default Swap (“CDS”) Agreements
As of January 31, 2022, the Access Flex Bear High Yield ProFund invested in centrally cleared credit default swaps as a substitute for
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 283
shorting notes in order to gain inverse credit exposure to the high yield market. As of July 31, 2021, the Access Flex High Yield ProFund invested in centrally cleared credit default swaps as a substitute for investing directly in notes in order to gain credit exposure to the high yield market.
In a CDS, the agreement will reference one or more debt securities or reference entities. The protection “buyer” in a credit default contract is generally obligated to pay the protection “seller” a periodic stream of payments over the term of the contract until a credit event, such as a default, on a reference entity has occurred. If a credit event occurs, the seller generally must pay the buyer: a) the full notional value of the swap; or b) the difference between the notional value of the defaulted reference entity and the recovery price/rate for the defaulted reference entity. CDS are designed to reflect changes in credit quality, including events of default. A CDS may require premium (discount) payments as well as daily payments (receipts) related to the interest leg of the swap or to the default or change in price of a reference entity.
The counterparty risk for cleared swap agreements is generally lower than for uncleared over-the-counter swap agreements because, generally, a clearing organization becomes substituted for each counterparty to a cleared swap agreement and, in effect, guarantees each party’s performance under the contract as each party to a trade looks only to the clearing organization for performance of financial obligations. However, there can be no assurance that the clearing organization, or its members, will satisfy its obligations to a ProFund.
If a ProFund is a seller of a CDS contract (also referred to as a seller of protection or as a buyer of risk), the ProFund would be required to pay the par (or other agreed upon) value of a referenced obligation to the counterparty in the event of a default or other credit event. In return, the ProFund would receive from the counterparty a daily stream of payments over the term of the contract provided that no event of default has occurred. If no default occurs, the ProFund would keep the stream of payments and would have no payment obligations. As the seller, the ProFund would be subject to investment exposure on the notional amount of the swap.
If a ProFund is a buyer of a CDS contract (also referred to as a buyer of protection or a seller of risk), the ProFund would have the right to deliver a reference obligation and receive the par (or other agreed-upon) value of such obligation from the counterparty in the event of a default or other credit event (such as a credit downgrade). In return, the ProFund would pay the counterparty a daily stream of payments over the term of the contract provided that no event of default has occurred. If no default occurs, the counterparty would keep the stream of payments and would have no further obligations to the ProFund.
The ProFunds enter into a CDS with multiple reference entities, in which case payments and settlements in respect of any defaulting reference entity would typically be dealt with separately from the other reference entities.
Upon entering into a centrally cleared CDS, a ProFund may be required to deposit with the broker an amount of cash or cash equivalents in the range of approximately 3% to 6% of the notional amount for CDS on high yield debt issuers (this amount is subject to change by the clearing organization that clears the trade). This amount, known as “initial margin,” is in the nature of a performance bond or good faith deposit on the CDS and is returned to a ProFund upon termination of the CDS, assuming all contractual obligations have been satisfied. Subsequent payments, known as “variation margin,” to and from the broker will be made daily as the price of the CDS fluctuates, making the long and short positions in the CDS contract more or less valuable, a process known as “marking-to-market.” The premium (discount) payments are built into the daily price of the CDS and thus are amortized through the variation margin. The variation margin payment also includes the daily portion of the periodic payment stream.
Swap Agreements (other than CDS)
Each ProFund may enter into swap agreements to gain exposure to an underlying asset without actually purchasing such asset (or shorting such asset), or to hedge a position, including in circumstances in which direct investment is restricted for legal reasons or is otherwise impracticable. Swap agreements are two-party contracts entered into primarily by institutional investors for periods ranging from a day to more than one year. In a standard “swap” transaction, two parties agree to exchange the return (or differentials in rates of return) earned or realized on particular pre-determined investments or instruments. The gross return to be exchanged or “swapped” between the parties is calculated with respect to a “notional amount,” e.g., the return on or increase in value of a particular dollar amount invested in a “basket” of securities or an ETF representing a particular index or group of securities.
On a typical long swap, the counterparty will generally agree to pay the ProFund the amount, if any, by which the notional amount of the swap agreement would have increased in value had it been invested in the particular underlying assets (e.g., securities comprising the relevant benchmark index), plus the dividends or interest that would have been received on those assets. The ProFund will agree to pay to the counterparty a floating rate of interest on the notional amount of the swap agreement plus the amount, if any, by which the notional amount would have decreased in value had it been invested in such assets, plus, in certain circumstances, commissions or trading spreads on the notional amount. Therefore, the return to the ProFund on any swap agreement should be the gain or loss on the notional amount plus dividends or interest on the assets less the interest paid by the ProFund on the notional amount. As a trading technique, the Advisor may substitute physical securities with a swap agreement having investment characteristics substantially similar to the underlying securities. Some ProFunds may also enter into swap agreements that provide the opposite return of their benchmark or security (“short” the benchmark or security). Their operations are similar to that of the swaps disclosed above except that the counterparty pays interest to each ProFund on the notional amount outstanding and that dividends or interest on the underlying instruments reduce the value of the swap, plus, in certain instances, each ProFund will agree to pay to the counterparty commissions or trading spreads on the notional amount.
Most swap agreements entered into by a ProFund calculate and settle the obligations of the parties to the agreement on a “net
284 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
basis” with a single payment. Consequently, a ProFund’s current obligations (or rights) under a swap agreement will generally be equal only to the net amount to be paid or received under the agreement based on the relative values of the positions held by each party to the agreement (the “net amount”). When investing in index swap agreements, the ProFunds may hold or gain exposure to only a representative sample of securities in the index, or to a component of the index.
A ProFund’s current obligations under a swap agreement, will be accrued daily (offset against any amounts owed to the ProFund) and any accrued but unpaid net amounts owed to a swap counterparty will be covered by segregating or earmarking cash and/or securities determined to be liquid, but typically no payments will be made until the settlement date. Each ProFund reserves the right to modify its asset segregation policies in the future, including modifications to comply with any changes in the positions articulated by the SEC or its staff regarding asset segregation. Swap agreements that cannot be terminated of in the ordinary course of business within seven days at approximately the amount a ProFund has valued the asset may be considered to be illiquid for purposes of a ProFund illiquid investment limitations.
A ProFund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty. If such a default occurs, a ProFund will have contractual remedies pursuant to the swap agreements, but such remedies may be subject to bankruptcy and insolvency laws that could affect the ProFund’s rights as a creditor. A ProFund will only enter into swap agreements with counterparties that meet the ProFund’s standard of creditworthiness (generally, such counterparties would have to be eligible counterparties under the terms of the ProFund’s repurchase agreement guidelines). The counterparty to an uncleared swap agreement will typically be a major, global financial institution.
Payments may be made at the conclusion of a swap agreement. Swap agreements do not involve the delivery of securities or other underlying assets. Accordingly, the risk of loss with respect to swap agreements is limited to the net amount of payments that a ProFund is contractually obligated to make. If the other party to a swap agreement defaults, a ProFund’s risk of loss consists of the net amount of payments that such ProFund is contractually entitled to receive, if any. The net amount of the excess, if any, of a ProFund’s obligations over its entitlements with respect to each equity swap will be accrued on a daily basis and an amount of cash or liquid assets, having an aggregate NAV at least equal to such accrued excess will be earmarked or segregated by a ProFund’s custodian.
In the normal course of business, a ProFund enters into International Swap Dealers Association, Inc. (“ISDA”) agreements with certain counterparties for derivative transactions. These agreements contain, among other conditions, events of default and termination events, and various covenants and representations. Certain of the ProFund’s ISDA agreements contain provisions that require the ProFund to maintain a pre-determined level of net assets, and/or provide limits regarding the decline of the ProFund’s NAV over specific periods of time, which may or may not be exclusive of redemptions. If the ProFund were to trigger such provisions and have open derivative positions, at that time counterparties to the ISDA agreements could elect to terminate such ISDA agreements and request immediate payment in an amount equal to the net liability positions, if any, under the relevant ISDA agreement. Pursuant to the terms of its ISDA agreements, the ProFund will have already collateralized its liability under such agreements, in some cases only in excess of certain threshold amounts. Such collateral is held for the benefit of the counterparty in a segregated tri-party account at the custodian, to protect the counterparty against non-payment by the respective ProFund. The ProFunds seek to mitigate risks by generally requiring that the counterparties for each ProFund agree to post collateral for the benefit of the ProFund, marked to market daily, in an amount approximately equal to what the counterparty owes the ProFund, subject to certain minimum thresholds, although the ProFunds may not always be successful. To the extent any such collateral is insufficient or there are delays in accessing the collateral, the ProFunds will be exposed to the risks described above, including possible delays in recovering amounts as a result of bankruptcy proceedings. As of January 31, 2022, the collateral posted by counterparties consisted of U.S. Treasury securities and cash.
The use of swaps, including CDS, is a highly specialized activity which involves investment techniques and risks in addition to and in some cases different from those associated with ordinary portfolio securities transactions. The primary risks associated with the use of swap agreements are mispricing or improper valuation, imperfect correlation between movements in the notional amount and the price of the underlying investments, and the inability of the counterparties to perform. If a counterparty’s creditworthiness for an over-the-counter swap declines, the value of the swap would likely decline. The Advisor, under the supervision of the Trust’s Board of Trustees, is responsible for determining and monitoring the liquidity of a ProFund’s transactions in swap agreements.
Offsetting Assets and Liabilities
The ProFunds are subject to master netting agreements for swap agreements (other than centrally cleared CDS) and forward currency contracts that allow for amounts owed between the ProFund and the counterparty to be netted upon early termination. The party that has the larger payable pays the excess of the larger amount over the smaller amount to the other party. The master netting agreements do not apply to amounts owed to/from different counterparties.
As described above, the ProFunds utilize derivative instruments to achieve their investment objective during the period. The amounts shown in the Statements of Assets and Liabilities generally do not take into consideration the effects of legally enforceable master netting agreements.
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 285
Summary of Derivative Instruments
The following table summarizes the fair values of derivative instruments on the ProFund’s Statement of Assets and Liabilities, categorized by risk exposure, as of January 31, 2022.
Assets | Liabilities | |||||||||||||||||||||||
Fund | Variation Margin on Futures Contracts* | Unrealized Appreciation on Swap Agreements* | Unrealized Appreciation on Forward Currency Contracts | Variation Margin on Futures Contracts* | Unrealized Depreciation on Swap Agreements* | Unrealized Depreciation on Forward Currency Contracts | ||||||||||||||||||
Commodity Risk Exposure: | ||||||||||||||||||||||||
Bitcoin Strategy ProFund | $ | 501,496 | $ | — | $ | — | $ | 945,087 | $ | — | $ | — | ||||||||||||
Credit Risk Exposure: | ||||||||||||||||||||||||
Access Flex Bear High Yield ProFund | — | 14,111 | — | — | — | — | ||||||||||||||||||
Access Flex High Yield ProFund | — | — | — | — | 168,307 | — | ||||||||||||||||||
Equity Risk Exposure: | ||||||||||||||||||||||||
Banks UltraSector ProFund | — | 230,128 | — | — | — | — | ||||||||||||||||||
Basic Materials UltraSector ProFund | — | 5,048 | — | — | — | — | ||||||||||||||||||
Bear ProFund | — | — | — | — | 452,325 | — | ||||||||||||||||||
Biotechnology UltraSector ProFund | — | 1,886,688 | — | — | — | — | ||||||||||||||||||
Bull ProFund | — | 411,546 | — | — | — | — | ||||||||||||||||||
Communication Services UltraSector ProFund | — | 79,570 | — | — | — | — | ||||||||||||||||||
Consumer Goods UltraSector ProFund | — | — | — | — | 17,360 | — | ||||||||||||||||||
Consumer Services UltraSector ProFund | — | 678,927 | — | — | — | — | ||||||||||||||||||
Financials UltraSector ProFund | — | 188,092 | — | — | — | — | ||||||||||||||||||
Health Care UltraSector ProFund | — | 196,638 | — | — | — | — | ||||||||||||||||||
Industrials UltraSector ProFund | — | 320 | — | — | 9,912 | — | ||||||||||||||||||
Internet UltraSector ProFund | — | 2,395,992 | — | — | — | — | ||||||||||||||||||
Mid-Cap ProFund | — | 81,823 | — | — | — | — | ||||||||||||||||||
Nasdaq-100 ProFund | — | 3,233,959 | — | 57,042 | — | — | ||||||||||||||||||
Oil & Gas UltraSector ProFund | — | 1,307,541 | — | — | — | — | ||||||||||||||||||
Oil Equipment & Services UltraSector ProFund | — | 305,002 | — | — | — | — | ||||||||||||||||||
Pharmaceuticals UltraSector ProFund | — | 103,526 | — | — | — | — | ||||||||||||||||||
Precious Metals UltraSector ProFund | — | — | — | — | 416,522 | — | ||||||||||||||||||
Real Estate UltraSector ProFund | — | 118,514 | — | — | — | — | ||||||||||||||||||
Semiconductor UltraSector ProFund | — | 875,019 | — | — | — | — | ||||||||||||||||||
Short Nasdaq-100 ProFund | — | — | — | — | 3,563,991 | — | ||||||||||||||||||
Short Oil & Gas ProFund | — | — | — | — | 19,660 | — | ||||||||||||||||||
Short Precious Metals ProFund | — | 77,308 | — | — | — | — | ||||||||||||||||||
Short Real Estate ProFund | — | 778 | — | — | 9,000 | — | ||||||||||||||||||
Short Small-Cap ProFund | 9,225 | — | — | — | 66,522 | — | ||||||||||||||||||
Small-Cap ProFund | — | 130,155 | — | — | — | — | ||||||||||||||||||
Technology UltraSector ProFund | — | 2,451,898 | — | — | — | — | ||||||||||||||||||
Telecommunications UltraSector ProFund | — | — | — | — | 10,269 | — | ||||||||||||||||||
UltraBear ProFund | — | — | — | — | 801,252 | — | ||||||||||||||||||
UltraBull ProFund | — | 6,335,470 | — | — | — | — | ||||||||||||||||||
UltraChina ProFund | — | 2,202,764 | — | — | — | — | ||||||||||||||||||
UltraDow 30 ProFund | — | 1,187,131 | — | 49,756 | — | — | ||||||||||||||||||
UltraEmerging Markets ProFund | — | 716,612 | — | — | — | — | ||||||||||||||||||
UltraInternational ProFund | — | 86,189 | — | — | — | — | ||||||||||||||||||
UltraJapan ProFund | — | 8,269 | — | 441,251 | — | — | ||||||||||||||||||
UltraLatin America ProFund | — | 154,155 | — | — | — | — | ||||||||||||||||||
UltraMid-Cap ProFund | — | 2,300,113 | — | — | — | — | ||||||||||||||||||
UltraNasdaq-100 ProFund | — | 69,148,918 | — | 28,521 | — | — | ||||||||||||||||||
UltraShort China ProFund | — | — | — | — | 850,317 | — | ||||||||||||||||||
UltraShort Dow 30 ProFund | — | — | — | — | 146,447 | — | ||||||||||||||||||
UltraShort Emerging Markets ProFund | — | — | — | — | 105,836 | — | ||||||||||||||||||
UltraShort International ProFund | — | — | — | — | 58,857 | — | ||||||||||||||||||
UltraShort Japan ProFund | 7,641 | — | — | — | 11,146 | — | ||||||||||||||||||
UltraShort Latin America ProFund | — | — | — | — | 16,681 | — | ||||||||||||||||||
UltraShort Mid-Cap ProFund | — | — | — | — | 128,569 | — | ||||||||||||||||||
UltraShort Nasdaq-100 ProFund | — | — | — | — | 8,917,874 | — | ||||||||||||||||||
UltraShort Small-Cap ProFund | 55,354 | — | — | — | 500,583 | — | ||||||||||||||||||
UltraSmall-Cap ProFund | — | 4,124,805 | — | 230,734 | — | — | ||||||||||||||||||
Utilities UltraSector ProFund | — | 109,778 | — | — | — | — |
286 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Assets | Liabilities | |||||||||||||||||||||||
Fund | Variation Margin on Futures Contracts* | Unrealized Appreciation on Swap Agreements* | Unrealized Appreciation on Forward Currency Contracts | Variation Margin on Futures Contracts* | Unrealized Depreciation on Swap Agreements* | Unrealized Depreciation on Forward Currency Contracts | ||||||||||||||||||
Foreign Exchange Rate Risk Exposure: | ||||||||||||||||||||||||
Falling U.S. Dollar ProFund | $ | — | $ | — | $ | 1,474 | $ | — | $ | — | $ | 20,046 | ||||||||||||
Rising U.S. Dollar ProFund | — | — | 347,781 | — | — | — | ||||||||||||||||||
Interest Rate Risk Exposure: | ||||||||||||||||||||||||
Access Flex Bear High Yield ProFund | 7,005 | — | — | — | — | — | ||||||||||||||||||
Access Flex High Yield ProFund | — | — | — | (1,600 | ) | — | — | |||||||||||||||||
Rising Rates Opportunity ProFund | — | — | — | — | 548,551 | — | ||||||||||||||||||
Rising Rates Opportunity 10 ProFund | — | — | — | — | 26,029 | — | ||||||||||||||||||
U.S. Government Plus ProFund | — | 599,836 | — | — | — | — |
* | Includes cumulative appreciation/depreciation of futures contracts and credit default swap agreements as reported in the Schedules of Portfolio Investments. Only current day’s variation margin for both futures contracts and credit default swap agreements are reported within the Statements of Assets and Liabilities. |
The following table presents the effect of derivative instruments on the ProFund’s Statement of Operations, categorized by risk exposure, for the period ended January 31, 2022.
Realized Gain (Loss) on Derivatives Recognized as a Result from Operations | Change in Net Unrealized Appreciation/Depreciation on Derivatives Recognized as a Result from Operations | |||||||||||||||||||||||
Fund | Net Realized Gains (Losses) on Futures Contracts | Net Realized Gains (Losses) on Swap Agreements | Net Realized Gains (Losses) on Forward Currency Contracts | Change in Net Unrealized Appreciation/ Depreciation on Futures Contracts | Change in Net Unrealized Appreciation/ Depreciation on Swap Agreements | Change in Net Unrealized Appreciation/ Depreciation on Forward Currency Contracts | ||||||||||||||||||
Commodity Risk Exposure: | ||||||||||||||||||||||||
Bitcoin Strategy ProFund | $ | (11,077,042 | ) | $ | — | $ | — | $ | 438,621 | $ | — | $ | — | |||||||||||
Credit Risk Exposure: | ||||||||||||||||||||||||
Access Flex Bear High Yield ProFund | — | (18,474 | ) | — | — | 17,389 | — | |||||||||||||||||
Access Flex High Yield ProFund | — | 274,878 | — | — | (267,444 | ) | — | |||||||||||||||||
Equity Risk Exposure: | ||||||||||||||||||||||||
Banks UltraSector ProFund | — | 1,816,644 | — | — | (788,329 | ) | — | |||||||||||||||||
Basic Materials UltraSector ProFund | — | (139,997 | ) | — | — | (233,195 | ) | — | ||||||||||||||||
Bear ProFund | (82,165 | ) | 124,206 | — | 69,295 | (461,499 | ) | — | ||||||||||||||||
Biotechnology UltraSector ProFund | — | (17,465,009 | ) | — | — | 2,798,256 | — | |||||||||||||||||
Bull ProFund | 233,075 | (479,717 | ) | — | (96,207 | ) | 423,719 | — | ||||||||||||||||
Communication Services UltraSector ProFund | — | (1,030,709 | ) | — | — | 220,318 | — | |||||||||||||||||
Consumer Goods UltraSector ProFund | — | 220,525 | — | — | (63,284 | ) | — | |||||||||||||||||
Consumer Services UltraSector ProFund | — | (5,196,507 | ) | — | — | 2,446,598 | — | |||||||||||||||||
Financials UltraSector ProFund | — | 48,702 | — | — | 140,414 | — | ||||||||||||||||||
Health Care UltraSector ProFund | — | (1,465,792 | ) | — | — | 96,794 | — | |||||||||||||||||
Industrials UltraSector ProFund | — | (506,906 | ) | — | — | 55,907 | — | |||||||||||||||||
Internet UltraSector ProFund | — | (37,648,910 | ) | — | — | 9,664,060 | — | |||||||||||||||||
Mid-Cap ProFund | — | (211,221 | ) | — | — | 68,477 | — | |||||||||||||||||
Nasdaq-100 ProFund | 101,473 | (5,492,780 | ) | — | (103,205 | ) | 3,207,097 | — | ||||||||||||||||
Oil & Gas UltraSector ProFund | — | 5,100,785 | — | — | 958,801 | — | ||||||||||||||||||
Oil Equipment & Services UltraSector ProFund | — | 379,891 | — | — | 123,282 | — | ||||||||||||||||||
Pharmaceuticals UltraSector ProFund | — | (54,770 | ) | — | — | 92,506 | — | |||||||||||||||||
Precious Metals UltraSector ProFund | — | (1,062,500 | ) | — | — | (1,869,314 | ) | — | ||||||||||||||||
Real Estate UltraSector ProFund | — | (136,030 | ) | — | — | 24,828 | — | |||||||||||||||||
Semiconductor UltraSector ProFund | — | (627,192 | ) | — | — | (538,429 | ) | — | ||||||||||||||||
Short Nasdaq-100 ProFund | (50,520 | ) | 3,258,811 | — | 23,085 | (3,563,961 | ) | — | ||||||||||||||||
Short Oil & Gas ProFund | — | (87,216 | ) | — | — | 10,680 | — | |||||||||||||||||
Short Precious Metals ProFund | — | 76,929 | — | — | 220,960 | — | ||||||||||||||||||
Short Real Estate ProFund | — | (1,083 | ) | — | — | (6,803 | ) | — | ||||||||||||||||
Short Small-Cap ProFund | 3,819 | (727,292 | ) | — | 3,377 | (67,523 | ) | — |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 287
Realized Gain (Loss) on Derivatives Recognized as a Result from Operations | Change in Net Unrealized Appreciation/Depreciation on Derivatives Recognized as a Result from Operations | |||||||||||||||||||||||
Fund | Net Realized Gains (Losses) on Futures Contracts | Net Realized Gains (Losses) on Swap Agreements | Net Realized Gains (Losses) on Forward Currency Contracts | Change in Net Unrealized Appreciation/ Depreciation on Futures Contracts | Change in Net Unrealized Appreciation/ Depreciation on Swap Agreements | Change in Net Unrealized Appreciation/ Depreciation on Forward Currency Contracts | ||||||||||||||||||
Small-Cap ProFund | $ | 19,752 | $ | (131,299 | ) | $ | — | $ | 5,852 | $ | 74,253 | $ | — | |||||||||||
Technology UltraSector ProFund | — | (3,160,226 | ) | — | — | 3,037,634 | — | |||||||||||||||||
Telecommunications UltraSector ProFund | — | (10,663 | ) | — | — | (16,257 | ) | — | ||||||||||||||||
UltraBear ProFund | (50,354 | ) | 489,094 | — | 43,310 | (822,746 | ) | — | ||||||||||||||||
UltraBull ProFund | 494,208 | (3,138,036 | ) | — | (115,056 | ) | 6,528,142 | — | ||||||||||||||||
UltraChina ProFund | — | (7,899,366 | ) | — | — | 844,692 | — | |||||||||||||||||
UltraDow 30 ProFund | 121,102 | (1,291,954 | ) | — | (85,029 | ) | 1,364,328 | — | ||||||||||||||||
UltraEmerging Markets ProFund | — | (1,486,402 | ) | — | — | 300,703 | — | |||||||||||||||||
UltraInternational ProFund | — | (310,789 | ) | — | — | 51,236 | — | |||||||||||||||||
UltraJapan ProFund | (1,334,160 | ) | (20,314 | ) | — | 1,250,776 | 8,110 | — | ||||||||||||||||
UltraLatin America ProFund | — | (1,515,531 | ) | — | — | 470,802 | — | |||||||||||||||||
UltraMid-Cap ProFund | (283,021 | ) | (3,065,208 | ) | — | 126,217 | 1,380,186 | — | ||||||||||||||||
UltraNasdaq-100 ProFund | 50,736 | (85,479,310 | ) | — | (51,602 | ) | 68,434,183 | — | ||||||||||||||||
UltraShort China ProFund | — | 331,312 | — | — | (451,653 | ) | — | |||||||||||||||||
UltraShort Dow 30 ProFund | (2,612 | ) | (43,524 | ) | — | 1,782 | (168,086 | ) | — | |||||||||||||||
UltraShort Emerging Markets ProFund | — | 188,833 | — | — | (50,199 | ) | — | |||||||||||||||||
UltraShort International ProFund | — | 106,133 | — | — | (40,834 | ) | — | |||||||||||||||||
UltraShort Japan ProFund | (12,102 | ) | 24,774 | — | (15,702 | ) | (11,725 | ) | — | |||||||||||||||
UltraShort Latin America ProFund | — | (42,670 | ) | — | — | (41,499 | ) | — | ||||||||||||||||
UltraShort Mid-Cap ProFund | (4,043 | ) | 66,721 | — | (4,438 | ) | (71,437 | ) | — | |||||||||||||||
UltraShort Nasdaq-100 ProFund | (50,520 | ) | 1,999,726 | — | 23,085 | (8,923,064 | ) | — | ||||||||||||||||
UltraShort Small-Cap ProFund | 25,867 | 226,136 | — | 31,960 | (178,141 | ) | — | |||||||||||||||||
UltraSmall-Cap ProFund | (32,686 | ) | (12,817,610 | ) | — | (246,299 | ) | 1,749,014 | — | |||||||||||||||
Utilities UltraSector ProFund | — | 315,896 | — | — | 96,331 | — | ||||||||||||||||||
Foreign Exchange Rate Risk Exposure: | ||||||||||||||||||||||||
Falling U.S. Dollar ProFund | — | — | (35,708 | ) | — | — | (25,630 | ) | ||||||||||||||||
Rising U.S. Dollar ProFund | — | — | (56 | ) | — | — | 382,498 | |||||||||||||||||
Interest Rate Risk Exposure: | ||||||||||||||||||||||||
Access Flex Bear High Yield ProFund | 6,125 | — | — | 8,954 | — | — | ||||||||||||||||||
Access Flex High Yield ProFund | (19,407 | ) | — | — | (2,224 | ) | — | — | ||||||||||||||||
Rising Rates Opportunity ProFund | — | 153,942 | — | — | (395,039 | ) | — | |||||||||||||||||
Rising Rates Opportunity 10 ProFund | (600 | ) | 91,760 | — | — | (11,944 | ) | — | ||||||||||||||||
U.S. Government Plus ProFund | 305,098 | (1,371,131 | ) | — | — | 285,131 | — |
Asset (Liability) amounts shown in the table below represent amounts owed to (by) the ProFunds for swap agreements (other than centrally cleared CDS) and forward currency contracts as of January 31, 2022. These amounts may be collateralized by cash or financial instruments, segregated for the benefit of the ProFunds or the counterparties, depending on whether the related contracts are in an appreciated or depreciated position at period end. Amounts shown in the column labeled “Net Amount” represent the un-collateralized portions of these amounts at period end. Any un-collateralized amounts are due to timing differences related to market movements or subject to certain minimum thresholds for collateral movement, as further described above.
Gross Amounts Not Offset in the Statement of Assets and Liabilities* | ||||||||||||||||
Gross Asset (Liability) as presented in the Statement of Assets and Liabilities | Financial Instruments (Received) Pledged** | Cash Collateral (Received) Pledged | Net Amount | |||||||||||||
Banks UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | $ | 118,822 | $ | (58,778 | ) | $ | — | $ | 60,044 | |||||||
Swap Agreements — UBS AG | 111,306 | — | (111,306 | ) | — | |||||||||||
Basic Materials UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 2,598 | — | — | 2,598 | ||||||||||||
Swap Agreements — UBS AG | 2,450 | — | — | 2,450 |
288 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Gross Amounts Not Offset in the Statement of Assets and Liabilities* | ||||||||||||||||
Gross Asset (Liability) as presented in the Statement of Assets and Liabilities | Financial Instruments (Received) Pledged** | Cash Collateral (Received) Pledged | Net Amount | |||||||||||||
Bear ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | $ | (166,508 | ) | $ | 166,508 | $ | — | $ | — | |||||||
Swap Agreements — UBS AG | (285,817 | ) | 285,817 | — | — | |||||||||||
Biotechnology UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 914,022 | (260,107 | ) | — | 653,915 | |||||||||||
Swap Agreements — UBS AG | 972,666 | — | — | 972,666 | ||||||||||||
Bull ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 106,098 | — | — | 106,098 | ||||||||||||
Swap Agreements — UBS AG | 305,448 | — | — | 305,448 | ||||||||||||
Communication Services UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 40,638 | — | — | 40,638 | ||||||||||||
Swap Agreements — UBS AG | 38,932 | — | — | 38,932 | ||||||||||||
Consumer Goods UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (7,426 | ) | 7,426 | — | — | |||||||||||
Swap Agreements — UBS AG | (9,934 | ) | 9,934 | — | — | |||||||||||
Consumer Services UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 366,600 | — | — | 366,600 | ||||||||||||
Swap Agreements — UBS AG | 312,327 | — | — | 312,327 | ||||||||||||
Falling U.S. Dollar ProFund | ||||||||||||||||
Forward Currency Contracts — Goldman Sachs International | (7,255 | ) | 7,255 | — | — | |||||||||||
Forward Currency Contracts — UBS AG | ||||||||||||||||
Appreciation | 1,474 | |||||||||||||||
(Depreciation) | (12,791 | ) | ||||||||||||||
Net Depreciation | (11,317 | ) | 11,317 | — | — | |||||||||||
Financials UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 88,644 | — | — | 88,644 | ||||||||||||
Swap Agreements — UBS AG | 99,448 | — | — | 99,448 | ||||||||||||
Health Care UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 119,238 | — | — | 119,238 | ||||||||||||
Swap Agreements — UBS AG | 77,400 | — | — | 77,400 | ||||||||||||
Industrials UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 320 | — | — | 320 | ||||||||||||
Swap Agreements — UBS AG | (9,912 | ) | 9,912 | — | — | |||||||||||
Internet UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 1,140,321 | — | — | 1,140,321 | ||||||||||||
Swap Agreements — UBS AG | 1,255,671 | — | — | 1,255,671 | ||||||||||||
Mid-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 81,612 | — | — | 81,612 | ||||||||||||
Swap Agreements — UBS AG | 211 | — | — | 211 | ||||||||||||
Nasdaq-100 ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 2,578,801 | (2,549,635 | ) | — | 29,166 | |||||||||||
Swap Agreements — UBS AG | 655,158 | — | — | 655,158 | ||||||||||||
Oil & Gas UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 630,896 | (620,467 | ) | — | 10,429 | |||||||||||
Swap Agreements — UBS AG | 676,645 | — | (500,000 | ) | 176,645 | |||||||||||
Oil Equipment & Services UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 158,894 | (158,894 | ) | — | — | |||||||||||
Swap Agreements — UBS AG | 146,108 | — | (146,108 | ) | — | |||||||||||
Pharmaceuticals UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 52,005 | — | — | 52,005 | ||||||||||||
Swap Agreements — UBS AG | 51,521 | — | — | 51,521 | ||||||||||||
Precious Metals UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (214,028 | ) | 214,028 | — | — | |||||||||||
Swap Agreements — UBS AG | (202,494 | ) | 202,494 | — | — | |||||||||||
Real Estate UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 69,163 | — | — | 69,163 | ||||||||||||
Swap Agreements — UBS AG | 49,351 | — | — | 49,351 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 289
Gross Amounts Not Offset in the Statement of Assets and Liabilities* | ||||||||||||||||
Gross Asset (Liability) as presented in the Statement of Assets and Liabilities | Financial Instruments (Received) Pledged** | Cash Collateral (Received) Pledged | Net Amount | |||||||||||||
Rising Rates Opportunity ProFund | ||||||||||||||||
Swap Agreements — Citibank North America | $ | (494,519 | ) | $ | 490,000 | $ | — | $ | (4,519 | ) | ||||||
Swap Agreements — Societe’ Generale | (54,032 | ) | 30,000 | — | (24,032 | ) | ||||||||||
Rising Rates Opportunity 10 ProFund | ||||||||||||||||
Swap Agreements — Citibank North America | (10,453 | ) | 10,453 | — | — | |||||||||||
Swap Agreements — Societe’ Generale | (15,576 | ) | 15,576 | — | — | |||||||||||
Rising U.S. Dollar ProFund | ||||||||||||||||
Forward Currency Contracts — Goldman Sachs International | 79,108 | (79,108 | ) | — | — | |||||||||||
Forward Currency Contracts — UBS AG | 268,673 | — | (268,673 | ) | — | |||||||||||
Semiconductor UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 449,481 | — | — | 449,481 | ||||||||||||
Swap Agreements — UBS AG | 425,538 | — | — | 425,538 | ||||||||||||
Short Nasdaq-100 ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (2,603,436 | ) | 2,603,436 | — | — | |||||||||||
Swap Agreements — UBS AG | (960,555 | ) | 960,555 | — | — | |||||||||||
Short Oil & Gas ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (11,012 | ) | 11,012 | — | — | |||||||||||
Swap Agreements — UBS AG | (8,648 | ) | 8,648 | — | — | |||||||||||
Short Precious Metals ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 43,894 | — | — | 43,894 | ||||||||||||
Swap Agreements — UBS AG | 33,414 | — | — | 33,414 | ||||||||||||
Short Real Estate ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (9,000 | ) | 9,000 | — | — | |||||||||||
Swap Agreements — UBS AG | 778 | — | — | 778 | ||||||||||||
Short Small-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (40,037 | ) | 40,037 | — | — | |||||||||||
Swap Agreements — UBS AG | (26,485 | ) | 26,485 | — | — | |||||||||||
Small-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 45,242 | — | — | 45,242 | ||||||||||||
Swap Agreements — UBS AG | 84,913 | — | — | 84,913 | ||||||||||||
Technology UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 1,309,919 | (238,755 | ) | — | 1,071,164 | |||||||||||
Swap Agreements — UBS AG | 1,141,979 | — | — | 1,141,979 | ||||||||||||
Telecommunications UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (8,821 | ) | 8,821 | — | — | |||||||||||
Swap Agreements — UBS AG | (1,448 | ) | 1,448 | — | — | |||||||||||
UltraBear ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (744,960 | ) | 744,960 | — | — | |||||||||||
Swap Agreements — UBS AG | (56,292 | ) | 56,292 | — | — | |||||||||||
UltraBull ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 2,728,526 | (1,591,702 | ) | — | 1,136,824 | |||||||||||
Swap Agreements — UBS AG | 3,606,944 | — | (1,800,000 | ) | 1,806,944 | |||||||||||
UltraChina ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 1,122,405 | (207,698 | ) | — | 914,707 | |||||||||||
Swap Agreements — UBS AG | 1,080,359 | — | — | 1,080,359 | ||||||||||||
UltraDow 30 ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 572,492 | (342,604 | ) | — | 229,888 | |||||||||||
Swap Agreements — UBS AG | 614,639 | — | (360,000 | ) | 254,639 | |||||||||||
UltraEmerging Markets ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 375,147 | — | — | 375,147 | ||||||||||||
Swap Agreements — UBS AG | 341,465 | — | (20,000 | ) | 321,465 | |||||||||||
UltraInternational ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 43,521 | — | — | 43,521 | ||||||||||||
Swap Agreements — UBS AG | 42,668 | — | — | 42,668 | ||||||||||||
UltraJapan ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 8,269 | — | — | 8,269 | ||||||||||||
UltraLatin America ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 81,485 | — | — | 81,485 | ||||||||||||
Swap Agreements — UBS AG | 72,670 | — | — | 72,670 |
290 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Gross Amounts Not Offset in the Statement of Assets and Liabilities* | ||||||||||||||||
Gross Asset (Liability) as presented in the Statement of Assets and Liabilities | Financial Instruments (Received) Pledged** | Cash Collateral (Received) Pledged | Net Amount | |||||||||||||
UltraMid-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | $ | 1,962,234 | $ | (936,581 | ) | $ | — | $ | 1,025,653 | |||||||
Swap Agreements — UBS AG | 337,879 | — | — | 337,879 | ||||||||||||
UltraNasdaq-100 ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 36,831,934 | (18,807,318 | ) | — | 18,024,616 | |||||||||||
Swap Agreements — UBS AG | 32,316,984 | — | (19,240,000 | ) | 13,076,984 | |||||||||||
UltraShort China ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (391,558 | ) | 100,000 | — | (291,558 | ) | ||||||||||
Swap Agreements — UBS AG | (458,759 | ) | 360,000 | — | (98,759 | ) | ||||||||||
UltraShort Dow 30 ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (86,423 | ) | 86,423 | — | — | |||||||||||
Swap Agreements — UBS AG | (60,024 | ) | 60,024 | — | — | |||||||||||
UltraShort Emerging Markets ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (51,797 | ) | 40,000 | — | (11,797 | ) | ||||||||||
Swap Agreements — UBS AG | (54,039 | ) | 54,039 | — | — | |||||||||||
UltraShort International ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (19,340 | ) | 19,340 | — | — | |||||||||||
Swap Agreements — UBS AG | (39,517 | ) | 39,517 | — | — | |||||||||||
UltraShort Japan ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (11,146 | ) | — | — | (11,146 | ) | ||||||||||
UltraShort Latin America ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (8,966 | ) | 8,966 | — | — | |||||||||||
Swap Agreements — UBS AG | (7,715 | ) | 7,715 | — | — | |||||||||||
UltraShort Mid-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (81,678 | ) | 81,678 | — | — | |||||||||||
Swap Agreements — UBS AG | (46,891 | ) | 46,891 | — | — | |||||||||||
UltraShort Nasdaq-100 ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (3,601,051 | ) | 1,710,000 | — | (1,891,051 | ) | ||||||||||
Swap Agreements — UBS AG | (5,316,823 | ) | 5,316,823 | — | — | |||||||||||
UltraShort Small-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | (341,475 | ) | 341,475 | — | — | |||||||||||
Swap Agreements — UBS AG | (159,108 | ) | 159,108 | — | — | |||||||||||
UltraSmall-Cap ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 1,525,445 | (676,473 | ) | — | 848,972 | |||||||||||
Swap Agreements — UBS AG | 2,599,360 | — | (1,000,000 | ) | 1,599,360 | |||||||||||
U.S. Government Plus ProFund | ||||||||||||||||
Swap Agreements — Citibank North America | 585,050 | — | (585,050 | ) | — | |||||||||||
Swap Agreements — Societe’ Generale | 14,786 | — | — | 14,786 | ||||||||||||
Utilities UltraSector ProFund | ||||||||||||||||
Swap Agreements — Goldman Sachs International | 54,346 | — | — | 54,346 | ||||||||||||
Swap Agreements — UBS AG | 55,432 | — | — | 55,432 |
* | The actual financial instruments and cash collateral (received) pledged may be in excess of the amounts shown in the table. The table only reflects collateral amounts up to the amount of the financial instrument disclosed on the Statement of Assets and Liabilities. |
** | Financial instruments and cash collateral received are not disclosed on the Statement of Assets and Liabilities because the Fund does not have effective control of the collateral. |
Securities Lending:
Each ProFund may lend securities to brokers, dealers and financial organizations in exchange for initial collateral in the amount of at least 102% of the value of U.S. dollar-denominated securities loaned or at least 105% of the value of non-U.S. dollar-denominated securities loaned, marked to market daily. Each security loaned will be secured continuously by collateral in the form of cash, money market instruments or U.S. Government securities with a market value of at least 100% of the market value of the loaned securities. When a ProFund lends its securities, it continues to receive payments equal to the dividends and interest paid on the securities loaned and simultaneously may earn interest on the reinvestment of the cash collateral. Any cash collateral received by the ProFund in connection with these loans may be reinvested in a variety of short-term investments. Any non-cash collateral received by the ProFund in connection with these loans may not be sold or pledged by the ProFund and, accordingly, is not reflected in the ProFund’s assets and liabilities. The ProFunds
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 291
may incur fees and expenses in connection with the reinvestment of cash collateral. For security loans collateralized by cash, borrowers may be entitled to receive a fee based on the amount of collateral. The ProFunds are typically compensated by the difference between the amount earned on the reinvestment of cash collateral and any fees paid to the borrower. Although voting and other rights attendant to securities loaned pass to the borrower, such loans may be recalled so that the securities may be voted by the ProFund if a material event affecting the ProFund’s investment in the securities on loan is to occur. Security loans are subject to termination by the ProFund or the borrower at any time. No securities loan shall be made on behalf of a ProFund if, as a result, the aggregate value of all securities loaned by the particular ProFund exceeds one-third of the value of such ProFund’s total assets (including the value of the collateral received).
Securities lending involves exposure to certain risks, including “gap” risk (i.e., the risk of a mismatch between the return on cash collateral reinvestments and any fees a ProFund has agreed to pay a borrower), operational risk (i.e., the risk of losses resulting from problems in the settlement and the accounting process), legal, counterparty and credit risk. If a securities lending counterparty were to default, a ProFund would be subject to the risk of a possible delay in receiving collateral or in recovering the loaned securities, or to a possible loss of rights in the collateral. In the event a borrower does not return a ProFund’s securities as agreed, the ProFund may experience losses if the proceeds received from liquidating the collateral do not at least equal the value of the loaned security at the time the collateral is liquidated, plus the transaction costs incurred in purchasing replacement securities. This event could trigger adverse tax consequences for a ProFund. The investment of cash collateral deposited by the borrower is subject to inherent market risks such as interest rate risk, credit risk, liquidity risk, and other risks that are present in the market. A ProFund could lose money if its short-term reinvestment of the collateral declines in value over the period of the loan. The market value of the loaned securities is determined at the close of each business day of the ProFund and any additional required collateral is delivered to the ProFund, or excess collateral returned by the ProFund, on the next business day.
The following table is a summary of the ProFunds securities lending transactions as of January 31, 2022:
Value of Securities on Loan | Value of Cash Collateral Received* | |||||||
Bull ProFund | $ | 11,543 | $ | 11,492 | ||||
Communication Services UltraSector ProFund | 58,874 | 58,615 | ||||||
Consumer Goods UltraSector ProFund | 42,506 | 39,696 | ||||||
Consumer Services UltraSector ProFund | 218,661 | 215,826 | ||||||
Europe 30 ProFund | 28,057 | 28,340 | ||||||
Large Cap Value ProFund | 14,917 | 14,853 | ||||||
Mid Cap Growth ProFund | 17,647 | 16,200 | ||||||
Mid Cap ProFund | 12,309 | 11,300 | ||||||
Nasdaq 100 ProFund | 308,753 | 308,169 | ||||||
Pharmaceuticals UltraSector ProFund | 17,612 | 16,219 | ||||||
Precious Metals UltraSector ProFund | 90,850 | 90,850 | ||||||
Small-Cap Growth ProFund | 1,734 | 1,697 | ||||||
Small-Cap ProFund | 12,795 | 12,484 | ||||||
UltraBull ProFund | 30,332 | 30,198 | ||||||
UltraChina ProFund | 8,560 | 8,000 | ||||||
UltraEmerging Markets ProFund | 130,163 | 125,875 | ||||||
UltraLatin America ProFund | 13,408 | 14,400 | ||||||
UltraMid-Cap ProFund | 103,484 | 95,000 | ||||||
UltraNasdaq-100 ProFund | 3,160,985 | 3,154,935 |
* | Collateral received in the form of cash was reinvested in securities shown in the Collateral for Securities Loaned section of the Schedule of Portfolio Investments. |
Investment Transactions and Related Income
Throughout the reporting period, investment transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, investment transactions are accounted for on trade date on the last business day of the reporting period. Interest income is recognized on an accrual basis and includes, where applicable, the amortization of premium or accretion of discount. Dividend income is recorded on the ex-dividend date except in the case of depositary receipts, in which case dividends are recorded as soon as such information becomes available. Pay-in-kind interest income and non-cash dividend income received in the form of securities in-lieu of cash, if any, are recorded at the fair value of the securities received. Gains or losses realized on sales of securities are determined using the specific identification method by comparing the identified cost of the security lot sold with the net sales proceeds. Gains or losses from class action settlements are recorded when such information becomes known or can be reasonably estimated; for non-recurring class action settlements, this generally occurs with the receipt or payment of cash consistent with the terms of such settlement.
292 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Allocations
Expenses directly attributable to a ProFund are charged to that ProFund, while expenses which are attributable to more than one fund in the Trust, or jointly with an affiliate, are allocated among the respective funds in the Trust and/or affiliate based upon relative net assets or another reasonable basis.
Distributions to Shareholders
Each of the ProFunds (except Access Flex High Yield ProFund, Bitcoin Strategy ProFund, Real Estate UltraSector ProFund and U.S. Government Plus ProFund) intends to declare and distribute net investment income at least annually, if any. Access Flex High Yield ProFund, Bitcoin Strategy ProFund and Real Estate UltraSector ProFund declare and pay dividends from net investment income quarterly, if any. U.S. Government Plus ProFund declares dividends from net investment income daily and pays dividends on a monthly basis, if any. Net realized capital gains, if any, will be distributed annually.
The amount of distributions from net investment income and net realized gains are determined in accordance with federal income tax regulations which may differ from GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature (e.g., return of capital, net operating loss, distribution reclassification, and equalization), such amounts are reclassified within the composition of net assets based on their federal tax-basis treatment; temporary differences (e.g., wash sales) do not require a reclassification. The ProFunds may utilize equalization accounting for tax purposes and designate earnings and profits, including net realized gains distributed to shareholders on redemption of shares, as a part of the dividends paid deduction for income tax purposes. Distributions which exceed net investment income and net realized capital gains for financial reporting purposes but not for tax purposes are reported as distributions in excess of net investment income or net realized gains. To the extent they exceed net investment income and net realized capital gains for tax purposes, they are reported as distribution of capital.
Federal Income Taxes
Each of the ProFunds intends to continue to qualify each year as a RIC under Subchapter M of the Internal Revenue Code of 1986, as amended. A RIC generally is not subject to federal income tax on income and gains distributed in a timely manner to its shareholders. The ProFunds intend to make timely distributions in order to avoid tax liability. Accordingly, no provision for federal income taxes is required in the financial statements.
The Bear ProFund, Bull ProFund, Europe 30 ProFund, UltraBear ProFund, UltraBull ProFund, UltraJapan ProFund, UltraNasdaq-100 ProFund, and UltraShort Nasdaq-100 ProFund have a calendar tax year end. The remaining ProFunds have a tax year end of October 31st.
Management of the ProFunds has reviewed tax positions taken in tax years that remain subject to examination by all major tax jurisdictions, including federal (i.e., the last four tax year ends and the interim tax period since then, as applicable). Management believes that there is no tax liability resulting from unrecognized tax benefits related to uncertain tax positions taken and the ProFunds are not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months.
Other
Expense offsets to custody fees that arise from credits on cash balances maintained on deposit are reflected on the Statement of Operations, as applicable, as “Fees paid indirectly.”
3. Investment Valuation Summary
The valuation techniques employed by the ProFunds, described below, maximize the use of observable inputs and minimize the use of unobservable inputs in determining fair value. These valuation techniques distinguish between market participant assumptions developed based on market data obtained from sources independent of the ProFunds (observable inputs) and the ProFunds’ own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The inputs used for valuing the ProFunds’ investments are summarized in the three broad levels listed below:
• | Level 1–quoted prices in active markets for identical assets |
• | Level 2–other significant observable inputs (including quoted prices for similar securities, interest rates, prepayments speeds, credit risk, etc.) |
• | Level 3–significant unobservable inputs (including the ProFunds’ own assumptions in determining the fair value of investments) |
The inputs or methodology used for valuing investments are not necessarily an indication of the risk associated with investing in those investments. For example, repurchase agreements are generally valued at amortized cost. Generally, amortized cost approximates the current fair value of a security, but since the valuation is not obtained from a quoted price in an active market, such securities are reflected as Level 2. Fair value measurements may also require additional disclosure when the volume and level of activity for the asset or liability have significantly decreased, as well as when circumstances indicate that a transaction is not orderly. Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
Security prices are generally valued at their market value using information provided by a third party pricing service or market quotations or other procedures approved by the Trust’s Board of Trustees. The securities in the portfolio of a non-money market ProFund, except as otherwise noted, that are listed or traded on a stock exchange or the Nasdaq National Market System (“Nasdaq/NMS”), are valued at the official closing price, if available, or the last sale price, on the exchange or system where the security is principally traded. If there have been no sales for that day on the exchange or system where the security is principally traded, then the value may be determined with reference to the last sale price, or the official closing price, if applicable, on any other exchange or system. In each of these situations, valuations are typically categorized as a Level 1 in the fair value hierarchy. If there have been no sales for that day on any
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 293
exchange or system, the security will be valued using fair value procedures in accordance with procedures approved by the Trust’s Board of Trustees as described below.
Securities regularly traded in the OTC markets, including securities listed on an exchange, but that are primarily traded OTC other than those traded on the Nasdaq/NMS, are generally valued on the basis of the mean between the bid and asked quotes furnished by dealers actively trading those instruments. Fixed-income securities are generally valued according to prices as furnished by an independent pricing service, generally at the mean of the bid and asked quotes for those instruments. Short-term fixed-income securities maturing in sixty days or less, and of sufficient credit quality, may be valued at amortized cost, which approximates market value. Under the amortized cost method, premium or discount, if any, is amortized or accreted, respectively, on a constant basis to the maturity of the security. In each of these situations, valuations are typically categorized as Level 2 in the fair value hierarchy.
Derivatives are generally valued using independent pricing services and/or agreements with counterparties or other procedures approved by the Trust’s Board of Trustees. Futures contracts are generally valued at their last sale price prior to the time at which the net asset value per share of a ProFund is determined and are typically categorized as Level 1 in the fair value hierarchy. Swap agreements are generally valued using independent sources and/or agreements with counterparties. Forward currency contracts are valued at their quoted daily prices obtained from an independent pricing service. These valuations are typically categorized as Level 2 in the fair value hierarchy. If there was no sale on that day, fair valuation procedures as described below may be applied.
When the Advisor determines that the market price of a security is not readily available or deemed unreliable (e.g., an approved pricing service does not provide a price, a furnished price is in error, certain stale prices, or an event occurs that materially affects the furnished price), it may in good faith establish a fair value for that security in accordance with procedures established by and under the general supervision and responsibility of the Trust’s Board of Trustees. Fair value pricing may require subjective determinations about the value of a security. While the Trust’s policy is intended to result in a calculation of a ProFund’s NAV that fairly reflects security values as of the time of pricing, the Trust cannot ensure that fair values determined by the Advisor or persons acting at their direction would accurately reflect the price that a ProFund could obtain for a security if it were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by a ProFund may differ from the value that would be realized if the securities were sold and the differences could be material to the financial statements. Depending on the source and relative significance of valuation inputs, these instruments may be classified as Level 2 or Level 3 in the fair value hierarchy.
For the period ended January 31, 2022, there were no Level 3 investments for which significant unobservable inputs were used to determine fair value.
A summary of the valuations as of January 31, 2022, based upon the three levels defined above, is included in the table below while the breakdown, by category, of equity securities is disclosed on the Schedule of Portfolio Investments for each ProFund:
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
Access Flex Bear High Yield ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 457,000 | $ | — | $ | 457,000 | $ | — | ||||||||||||
Futures Contracts | — | 7,005 | — | — | — | 7,005 | ||||||||||||||||||
Credit Default Swap Agreements | — | — | — | 14,111 | — | 14,111 | ||||||||||||||||||
Total | $ | — | $ | 7,005 | $ | 457,000 | $ | 14,111 | $ | 457,000 | $ | 21,116 | ||||||||||||
Access Flex High Yield ProFund | ||||||||||||||||||||||||
U.S. Treasury Obligation | $ | — | $ | — | $ | 4,817,695 | $ | — | $ | 4,817,695 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 2,083,000 | — | 2,083,000 | — | ||||||||||||||||||
Futures Contracts | — | (1,600 | ) | — | — | — | (1,600 | ) | ||||||||||||||||
Credit Default Swap Agreements | — | — | — | (168,307 | ) | — | (168,307 | ) | ||||||||||||||||
Total | $ | — | $ | (1,600 | ) | $ | 6,900,695 | $ | (168,307 | ) | $ | 6,900,695 | $ | (169,907 | ) | |||||||||
Banks UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 17,286,714 | $ | — | $ | — | $ | — | $ | 17,286,714 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 4,099,000 | — | 4,099,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 230,128 | — | 230,128 | ||||||||||||||||||
Total | $ | 17,286,714 | $ | — | $ | 4,099,000 | $ | 230,128 | $ | 21,385,714 | $ | 230,128 | ||||||||||||
Basic Materials UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 5,508,005 | $ | — | $ | — | $ | — | $ | 5,508,005 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 1,268,000 | — | 1,268,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 5,048 | — | 5,048 | ||||||||||||||||||
Total | $ | 5,508,005 | $ | — | $ | 1,268,000 | $ | 5,048 | $ | 6,776,005 | $ | 5,048 |
294 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
Bear ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 10,764,000 | $ | — | $ | 10,764,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (452,325 | ) | — | (452,325 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 10,764,000 | $ | (452,325 | ) | $ | 10,764,000 | $ | (452,325 | ) | ||||||||||
Biotechnology UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 106,495,734 | $ | — | $ | — | $ | — | $ | 106,495,734 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 25,647,000 | — | 25,647,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 1,886,688 | — | 1,886,688 | ||||||||||||||||||
Total | $ | 106,495,734 | $ | — | $ | 25,647,000 | $ | 1,886,688 | $ | 132,142,734 | $ | 1,886,688 | ||||||||||||
Bitcoin Strategy ProFund | ||||||||||||||||||||||||
U.S. Treasury Obligation | $ | — | $ | — | $ | 25,979,761 | $ | — | $ | 25,979,761 | $ | — | ||||||||||||
Futures Contracts | — | (443,590 | ) | — | — | — | (443,590 | ) | ||||||||||||||||
Total | $ | — | $ | (443,590 | ) | $ | 25,979,761 | $ | — | $ | 25,979,761 | $ | (443,590 | ) | ||||||||||
Bull ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 38,585,680 | $ | — | $ | — | $ | — | $ | 38,585,680 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 9,060,000 | — | 9,060,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 11,492 | — | — | — | 11,492 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 411,546 | — | 411,546 | ||||||||||||||||||
Total | $ | 38,597,172 | $ | — | $ | 9,060,000 | $ | 411,546 | $ | 47,657,172 | $ | 411,546 | ||||||||||||
Communication Services UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 6,405,654 | $ | — | $ | — | $ | — | $ | 6,405,654 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 1,334,000 | — | 1,334,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 58,615 | — | — | — | 58,615 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 79,570 | — | 79,570 | ||||||||||||||||||
Total | $ | 6,464,269 | $ | — | $ | 1,334,000 | $ | 79,570 | $ | 7,798,269 | $ | 79,570 | ||||||||||||
Consumer Goods UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 8,317,985 | $ | — | $ | — | $ | — | $ | 8,317,985 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 2,055,000 | — | 2,055,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 39,696 | — | — | — | 39,696 | — | ||||||||||||||||||
Swap Agreements | — | — | — | (17,360 | ) | — | (17,360 | ) | ||||||||||||||||
Total | $ | 8,357,681 | $ | — | $ | 2,055,000 | $ | (17,360 | ) | $ | 10,412,681 | $ | (17,360 | ) | ||||||||||
Consumer Services UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 38,321,544 | $ | — | $ | — | $ | — | $ | 38,321,544 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 9,346,000 | — | 9,346,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 215,826 | — | — | — | 215,826 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 678,927 | — | 678,927 | ||||||||||||||||||
Total | $ | 38,537,370 | $ | — | $ | 9,346,000 | $ | 678,927 | $ | 47,883,370 | $ | 678,927 | ||||||||||||
Europe 30 ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 2,938,113 | $ | — | $ | — | $ | — | $ | 2,938,113 | $ | — | ||||||||||||
Collateral for Securities Loaned | 28,340 | — | — | — | 28,340 | — | ||||||||||||||||||
Total | $ | 2,966,453 | $ | — | $ | — | $ | — | $ | 2,966,453 | $ | — | ||||||||||||
Falling U.S. Dollar ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 1,135,000 | $ | — | $ | 1,135,000 | $ | — | ||||||||||||
Forward Currency Contracts | — | — | — | (18,572 | ) | — | (18,572 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 1,135,000 | $ | (18,572 | ) | $ | 1,135,000 | $ | (18,572 | ) | ||||||||||
Financials UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 6,825,743 | $ | — | $ | — | $ | — | $ | 6,825,743 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 2,269,000 | — | 2,269,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 188,092 | — | 188,092 | ||||||||||||||||||
Total | $ | 6,825,743 | $ | — | $ | 2,269,000 | $ | 188,092 | $ | 9,094,743 | $ | 188,092 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 295
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
Health Care UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 15,613,746 | $ | — | $ | — | $ | — | $ | 15,613,746 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 3,312,000 | — | 3,312,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 196,638 | — | 196,638 | ||||||||||||||||||
Total | $ | 15,613,746 | $ | — | $ | 3,312,000 | $ | 196,638 | $ | 18,925,746 | $ | 196,638 | ||||||||||||
Industrials UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 4,605,246 | $ | — | $ | — | $ | — | $ | 4,605,246 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 1,139,000 | — | 1,139,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | (9,592 | ) | — | (9,592 | ) | ||||||||||||||||
Total | $ | 4,605,246 | $ | — | $ | 1,139,000 | $ | (9,592 | ) | $ | 5,744,246 | $ | (9,592 | ) | ||||||||||
Internet UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 122,808,385 | $ | — | $ | — | $ | — | $ | 122,808,385 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 26,438,000 | — | 26,438,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 2,395,992 | — | 2,395,992 | ||||||||||||||||||
Total | $ | 122,808,385 | $ | — | $ | 26,438,000 | $ | 2,395,992 | $ | 149,246,385 | $ | 2,395,992 | ||||||||||||
Large-Cap Growth ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 17,191,817 | $ | — | $ | — | $ | — | $ | 17,191,817 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 18,000 | — | 18,000 | — | ||||||||||||||||||
Total | $ | 17,191,817 | $ | — | $ | 18,000 | $ | — | $ | 17,209,817 | $ | — | ||||||||||||
Large-Cap Value ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 28,214,883 | $ | — | $ | — | $ | — | $ | 28,214,883 | $ | — | ||||||||||||
Collateral for Securities Loaned | 14,853 | — | — | — | 14,853 | — | ||||||||||||||||||
Total | $ | 28,229,736 | $ | — | $ | — | $ | — | $ | 28,229,736 | $ | — | ||||||||||||
Mid-Cap Growth ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 3,304,875 | $ | — | $ | — | $ | — | $ | 3,304,875 | $ | — | ||||||||||||
Collateral for Securities Loaned | 16,200 | — | — | — | 16,200 | — | ||||||||||||||||||
Total | $ | 3,321,075 | $ | — | $ | — | $ | — | $ | 3,321,075 | $ | — | ||||||||||||
Mid-Cap ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 4,870,845 | $ | — | $ | — | $ | — | $ | 4,870,845 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 1,955,000 | — | 1,955,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 11,300 | — | — | — | 11,300 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 81,823 | — | 81,823 | ||||||||||||||||||
Total | $ | 4,882,145 | $ | — | $ | 1,955,000 | $ | 81,823 | $ | 6,837,145 | $ | 81,823 | ||||||||||||
Mid-Cap Value ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 4,014,479 | $ | — | $ | — | $ | — | $ | 4,014,479 | $ | — | ||||||||||||
Total | $ | 4,014,479 | $ | — | $ | — | $ | — | $ | 4,014,479 | $ | — | ||||||||||||
Nasdaq-100 ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 64,272,980 | $ | — | $ | — | $ | — | $ | 64,272,980 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 12,559,000 | — | 12,559,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 308,169 | — | — | — | 308,169 | — | ||||||||||||||||||
Futures Contracts | — | (57,042 | ) | — | — | — | (57,042 | ) | ||||||||||||||||
Swap Agreements | — | — | — | 3,233,959 | — | 3,233,959 | ||||||||||||||||||
Total | $ | 64,581,149 | $ | (57,042 | ) | $ | 12,559,000 | $ | 3,233,959 | $ | 77,140,149 | $ | 3,176,917 | |||||||||||
Oil & Gas UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 28,483,644 | $ | — | $ | — | $ | — | $ | 28,483,644 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 9,968,000 | — | 9,968,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 1,307,541 | — | 1,307,541 | ||||||||||||||||||
Total | $ | 28,483,644 | $ | — | $ | 9,968,000 | $ | 1,307,541 | $ | 38,451,644 | $ | 1,307,541 |
296 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
Oil Equipment & Services UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 13,695,341 | $ | — | $ | — | $ | — | $ | 13,695,341 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 5,150,000 | — | 5,150,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 305,002 | — | 305,002 | ||||||||||||||||||
Total | $ | 13,695,341 | $ | — | $ | 5,150,000 | $ | 305,002 | $ | 18,845,341 | $ | 305,002 | ||||||||||||
Pharmaceuticals UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 3,634,025 | $ | — | $ | — | $ | — | $ | 3,634,025 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 971,000 | — | 971,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 16,219 | — | — | — | 16,219 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 103,526 | — | 103,526 | ||||||||||||||||||
Total | $ | 3,650,244 | $ | — | $ | 971,000 | $ | 103,526 | $ | 4,621,244 | $ | 103,526 | ||||||||||||
Precious Metals UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 17,470,787 | $ | — | $ | — | $ | — | $ | 17,470,787 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 5,880,000 | — | 5,880,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 90,850 | — | — | — | 90,850 | — | ||||||||||||||||||
Swap Agreements | — | — | — | (416,522 | ) | — | (416,522 | ) | ||||||||||||||||
Total | $ | 17,561,637 | $ | — | $ | 5,880,000 | $ | (416,522 | ) | $ | 23,441,637 | $ | (416,522 | ) | ||||||||||
Real Estate UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 12,857,883 | $ | — | $ | — | $ | — | $ | 12,857,883 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 4,775,000 | — | 4,775,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 118,514 | — | 118,514 | ||||||||||||||||||
Total | $ | 12,857,883 | $ | — | $ | 4,775,000 | $ | 118,514 | $ | 17,632,883 | $ | 118,514 | ||||||||||||
Rising Rates Opportunity ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 12,253,000 | $ | — | $ | 12,253,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (548,551 | ) | — | (548,551 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 12,253,000 | $ | (548,551 | ) | $ | 12,253,000 | $ | (548,551 | ) | ||||||||||
Rising Rates Opportunity 10 ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 2,922,000 | $ | — | $ | 2,922,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (26,029 | ) | — | (26,029 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 2,922,000 | $ | (26,029 | ) | $ | 2,922,000 | $ | (26,029 | ) | ||||||||||
Rising U.S. Dollar ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 22,679,000 | $ | — | $ | 22,679,000 | $ | — | ||||||||||||
Forward Currency Contracts | — | — | — | 347,781 | — | 347,781 | ||||||||||||||||||
Total | $ | — | $ | — | $ | 22,679,000 | $ | 347,781 | $ | 22,679,000 | $ | 347,781 | ||||||||||||
Semiconductor UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 79,855,033 | $ | — | $ | — | $ | — | $ | 79,855,033 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 26,251,000 | — | 26,251,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 875,019 | — | 875,019 | ||||||||||||||||||
Total | $ | 79,855,033 | $ | — | $ | 26,251,000 | $ | 875,019 | $ | 106,106,033 | $ | 875,019 | ||||||||||||
Short Nasdaq-100 ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 89,871,000 | $ | — | $ | 89,871,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (3,563,991 | ) | — | (3,563,991 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 89,871,000 | $ | (3,563,991 | ) | $ | 89,871,000 | $ | (3,563,991 | ) | ||||||||||
Short Oil & Gas ProFund | �� | |||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 401,000 | $ | — | $ | 401,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (19,660 | ) | — | (19,660 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 401,000 | $ | (19,660 | ) | $ | 401,000 | $ | (19,660 | ) | ||||||||||
Short Precious Metals ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 3,033,000 | $ | — | $ | 3,033,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | 77,308 | — | 77,308 | ||||||||||||||||||
Total | $ | — | $ | — | $ | 3,033,000 | $ | 77,308 | $ | 3,033,000 | $ | 77,308 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 297
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
Short Real Estate ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 752,000 | $ | — | $ | 752,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (8,222 | ) | — | (8,222 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 752,000 | $ | (8,222 | ) | $ | 752,000 | $ | (8,222 | ) | ||||||||||
Short Small-Cap ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 1,482,000 | $ | — | $ | 1,482,000 | $ | — | ||||||||||||
Futures Contracts | — | 9,225 | — | — | — | 9,225 | ||||||||||||||||||
Swap Agreements | — | — | — | (66,522 | ) | — | (66,522 | ) | ||||||||||||||||
Total | $ | — | $ | 9,225 | $ | 1,482,000 | $ | (66,522 | ) | $ | 1,482,000 | $ | (57,297 | ) | ||||||||||
Small-Cap Growth ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 5,569,103 | $ | — | $ | — | $ | — | $ | 5,569,103 | $ | — | ||||||||||||
Collateral for Securities Loaned | 1,697 | — | — | — | 1,697 | — | ||||||||||||||||||
Total | $ | 5,570,800 | $ | — | $ | — | $ | — | $ | 5,570,800 | $ | — | ||||||||||||
Small-Cap ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 3,882,242 | $ | — | $ | — | $ | — | $ | 3,882,242 | $ | — | ||||||||||||
Trust* | — | — | — | — | — | — | ||||||||||||||||||
Repurchase Agreements | — | — | 2,615,000 | — | 2,615,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 12,484 | — | — | — | 12,484 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 130,155 | — | 130,155 | ||||||||||||||||||
Total | $ | 3,894,726 | $ | — | $ | 2,615,000 | $ | 130,155 | $ | 6,509,726 | $ | 130,155 | ||||||||||||
Small-Cap Value ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 12,330,072 | $ | — | $ | — | $ | — | $ | 12,330,072 | $ | — | ||||||||||||
Total | $ | 12,330,072 | $ | — | $ | — | $ | — | $ | 12,330,072 | $ | — | ||||||||||||
Technology UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 59,684,615 | $ | — | $ | — | $ | — | $ | 59,684,615 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 23,975,000 | — | 23,975,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 2,451,898 | — | 2,451,898 | ||||||||||||||||||
Total | $ | 59,684,615 | $ | — | $ | 23,975,000 | $ | 2,451,898 | $ | 83,659,615 | $ | 2,451,898 | ||||||||||||
Telecommunications UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 757,116 | $ | — | $ | — | $ | — | $ | 757,116 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 276,000 | — | 276,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | (10,269 | ) | — | (10,269 | ) | ||||||||||||||||
Total | $ | 757,116 | $ | — | $ | 276,000 | $ | (10,269 | ) | $ | 1,033,116 | $ | (10,269 | ) | ||||||||||
UltraBear ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 9,874,000 | $ | — | $ | 9,874,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (801,252 | ) | — | (801,252 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 9,874,000 | $ | (801,252 | ) | $ | 9,874,000 | $ | (801,252 | ) | ||||||||||
UltraBull ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 99,931,811 | $ | — | $ | — | $ | — | $ | 99,931,811 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 30,137,000 | — | 30,137,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 30,198 | — | — | — | 30,198 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 6,335,470 | — | 6,335,470 | ||||||||||||||||||
Total | $ | 99,962,009 | $ | — | $ | 30,137,000 | $ | 6,335,470 | $ | 130,099,009 | $ | 6,335,470 | ||||||||||||
UltraChina ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 16,504,231 | $ | — | $ | — | $ | — | $ | 16,504,231 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 2,839,000 | — | 2,839,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 8,000 | — | — | — | 8,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 2,202,764 | — | 2,202,764 | ||||||||||||||||||
Total | $ | 16,512,231 | $ | — | $ | 2,839,000 | $ | 2,202,764 | $ | 19,351,231 | $ | 2,202,764 |
298 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
UltraDow 30 ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 28,220,664 | $ | — | $ | — | $ | — | $ | 28,220,664 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 8,559,000 | — | 8,559,000 | — | ||||||||||||||||||
Futures Contracts | — | (49,756 | ) | — | — | — | (49,756 | ) | ||||||||||||||||
Swap Agreements | — | — | — | 1,187,131 | — | 1,187,131 | ||||||||||||||||||
Total | $ | 28,220,664 | $ | (49,756 | ) | $ | 8,559,000 | $ | 1,187,131 | $ | 36,779,664 | $ | 1,137,375 | |||||||||||
UltraEmerging Markets ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 9,100,342 | $ | — | $ | — | $ | — | $ | 9,100,342 | $ | — | ||||||||||||
Preferred Stock | 173,335 | — | — | — | 173,335 | — | ||||||||||||||||||
Repurchase Agreements | — | — | 1,052,000 | — | 1,052,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 125,875 | — | — | — | 125,875 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 716,612 | — | 716,612 | ||||||||||||||||||
Total | $ | 9,399,552 | $ | — | $ | 1,052,000 | $ | 716,612 | $ | 10,451,552 | $ | 716,612 | ||||||||||||
UltraInternational ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 2,441,000 | $ | — | $ | 2,441,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | 86,189 | — | 86,189 | ||||||||||||||||||
Total | $ | — | $ | — | $ | 2,441,000 | $ | 86,189 | $ | 2,441,000 | $ | 86,189 | ||||||||||||
UltraJapan ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 10,999,000 | $ | — | $ | 10,999,000 | $ | — | ||||||||||||
Futures Contracts | — | (441,251 | ) | — | — | — | (441,251 | ) | ||||||||||||||||
Swap Agreement | — | — | — | 8,269 | — | 8,269 | ||||||||||||||||||
Total | $ | — | $ | (441,251 | ) | $ | 10,999,000 | $ | 8,269 | $ | 10,999,000 | $ | (432,982 | ) | ||||||||||
UltraLatin America ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 10,694,621 | $ | — | $ | — | $ | — | $ | 10,694,621 | $ | — | ||||||||||||
Preferred Stock | 845,891 | — | — | — | 845,891 | — | ||||||||||||||||||
Repurchase Agreements | — | — | 2,420,000 | — | 2,420,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 14,400 | — | — | — | 14,400 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 154,155 | — | 154,155 | ||||||||||||||||||
Total | $ | 11,554,912 | $ | — | $ | 2,420,000 | $ | 154,155 | $ | 13,974,912 | $ | 154,155 | ||||||||||||
UltraMid-Cap ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 39,315,229 | $ | — | $ | — | $ | — | $ | 39,315,229 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 8,412,000 | — | 8,412,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 95,000 | — | — | — | 95,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 2,300,113 | — | 2,300,113 | ||||||||||||||||||
Total | $ | 39,410,229 | $ | — | $ | 8,412,000 | $ | 2,300,113 | $ | 47,822,229 | $ | 2,300,113 | ||||||||||||
UltraNasdaq-100 ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 669,039,280 | $ | — | $ | — | $ | — | $ | 669,039,280 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 130,592,000 | — | 130,592,000 | — | ||||||||||||||||||
Collateral for Securities Loaned | 3,154,935 | — | — | — | 3,154,935 | — | ||||||||||||||||||
Futures Contracts | — | (28,521 | ) | — | — | — | (28,521 | ) | ||||||||||||||||
Swap Agreements | — | — | — | 69,148,918 | — | 69,148,918 | ||||||||||||||||||
Total | $ | 672,194,215 | $ | (28,521 | ) | $ | 130,592,000 | $ | 69,148,918 | $ | 802,786,215 | $ | 69,120,397 | |||||||||||
UltraShort China ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 4,036,000 | $ | — | $ | 4,036,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (850,317 | ) | — | (850,317 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 4,036,000 | $ | (850,317 | ) | $ | 4,036,000 | $ | (850,317 | ) | ||||||||||
UltraShort Dow 30 ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 2,545,000 | $ | — | $ | 2,545,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (146,447 | ) | — | (146,447 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 2,545,000 | $ | (146,447 | ) | $ | 2,545,000 | $ | (146,447 | ) |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 299
LEVEL 1 - Quoted Prices | LEVEL 2 - Other Significant Observable Inputs | Total | ||||||||||||||||||||||
Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | Investment Securities | Other Financial Instruments^ | |||||||||||||||||||
UltraShort Emerging Markets ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 813,000 | $ | — | $ | 813,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (105,836 | ) | — | (105,836 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 813,000 | $ | (105,836 | ) | $ | 813,000 | $ | (105,836 | ) | ||||||||||
UltraShort International ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 1,586,000 | $ | — | $ | 1,586,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (58,857 | ) | — | (58,857 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 1,586,000 | $ | (58,857 | ) | $ | 1,586,000 | $ | (58,857 | ) | ||||||||||
UltraShort Japan ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 369,000 | $ | — | $ | 369,000 | $ | — | ||||||||||||
Futures Contracts | — | 7,641 | — | — | — | 7,641 | ||||||||||||||||||
Swap Agreement | — | — | — | (11,146 | ) | — | (11,146 | ) | ||||||||||||||||
Total | $ | — | $ | 7,641 | $ | 369,000 | $ | (11,146 | ) | $ | 369,000 | $ | (3,505 | ) | ||||||||||
UltraShort Latin America ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 845,000 | $ | — | $ | 845,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (16,681 | ) | — | (16,681 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 845,000 | $ | (16,681 | ) | $ | 845,000 | $ | (16,681 | ) | ||||||||||
UltraShort Mid-Cap ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 1,606,000 | $ | — | $ | 1,606,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (128,569 | ) | — | (128,569 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 1,606,000 | $ | (128,569 | ) | $ | 1,606,000 | $ | (128,569 | ) | ||||||||||
UltraShort Nasdaq-100 ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 126,079,000 | $ | — | $ | 126,079,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | (8,917,874 | ) | — | (8,917,874 | ) | ||||||||||||||||
Total | $ | — | $ | — | $ | 126,079,000 | $ | (8,917,874 | ) | $ | 126,079,000 | $ | (8,917,874 | ) | ||||||||||
UltraShort Small-Cap ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 5,310,000 | $ | — | $ | 5,310,000 | $ | — | ||||||||||||
Futures Contracts | — | 55,354 | — | — | — | 55,354 | ||||||||||||||||||
Swap Agreements | — | — | — | (500,583 | ) | — | (500,583 | ) | ||||||||||||||||
Total | $ | — | $ | 55,354 | $ | 5,310,000 | $ | (500,583 | ) | $ | 5,310,000 | $ | (445,229 | ) | ||||||||||
UltraSmall-Cap ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 60,754,515 | $ | — | $ | — | $ | — | $ | 60,754,515 | $ | — | ||||||||||||
Trust* | — | — | — | — | — | — | ||||||||||||||||||
Repurchase Agreements | — | — | 12,804,000 | — | 12,804,000 | — | ||||||||||||||||||
Futures Contracts | — | (230,734 | ) | — | — | — | (230,734 | ) | ||||||||||||||||
Swap Agreements | — | — | — | 4,124,805 | — | 4,124,805 | ||||||||||||||||||
Total | $ | 60,754,515 | $ | (230,734 | ) | $ | 12,804,000 | $ | 4,124,805 | $ | 73,558,515 | $ | 3,894,071 | |||||||||||
U.S. Government Plus ProFund | ||||||||||||||||||||||||
Repurchase Agreements | $ | — | $ | — | $ | 23,826,000 | $ | — | $ | 23,826,000 | $ | — | ||||||||||||
Swap Agreements | — | — | — | 599,836 | — | 599,836 | ||||||||||||||||||
Total | $ | — | $ | — | $ | 23,826,000 | $ | 599,836 | $ | 23,826,000 | $ | 599,836 | ||||||||||||
Utilities UltraSector ProFund | ||||||||||||||||||||||||
Common Stocks | $ | 7,302,272 | $ | — | $ | — | $ | — | $ | 7,302,272 | $ | — | ||||||||||||
Repurchase Agreements | — | — | 2,193,000 | — | 2,193,000 | — | ||||||||||||||||||
Swap Agreements | — | — | — | 109,778 | — | 109,778 | ||||||||||||||||||
Total | $ | 7,302,272 | $ | — | $ | 2,193,000 | $ | 109,778 | $ | 9,495,272 | $ | 109,778 |
^ | Other financial instruments include any derivative instruments not reflected in the Schedule of Portfolio Investments as Investment Securities, such as futures contracts, forward currency contracts and swap agreements (including credit default swap agreements). These instruments are generally recorded in the financial statements at the unrealized appreciation/(depreciation) on the investment. |
* | Ferroglobe Representation and Warranty Insurance trust was valued at $0 and categorized as Level 2 within the fair value hierarchy. |
300 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
4. Fees and Transactions with Affiliates and Other Parties
The ProFunds have entered into an Investment Advisory Agreement with the Advisor. Under this agreement, the ProFunds (excluding Bitcoin Strategy ProFund, Nasdaq-100 ProFund, UltraJapan ProFund, UltraShort Japan ProFund and U.S. Government Plus ProFund) each pay the Advisor a fee at an annualized rate of 0.75% of the average daily net assets of each respective ProFund. The Bitcoin Strategy ProFund, Nasdaq-100 ProFund, UltraJapan ProFund, UltraShort Japan ProFund and U.S. Government Plus ProFund pay the Advisor a fee at an annualized rate of 0.45%, 0.70%, 0.90%, 0.90% and 0.50%, respectively, of their average daily net assets.
The Advisor has assumed the responsibility for payment of the Bitcoin Strategy ProFund’s organizational and offering costs which are estimated to be $104,000. The Advisor will not seek reimbursement from the ProFund with respect to these organizational and offering costs.
In addition, subject to the condition that the aggregate daily net assets of the Trust be equal to or greater than $10 billion, the Advisor has agreed to the following fee reductions with respect to each individual ProFund: 0.025% of the ProFund’s daily net assets in excess of $500 million to $1 billion, 0.05% of the ProFund’s daily net assets in excess of $1 billion to $2 billion, and 0.075% of the ProFunds net assets in excess of $2 billion. During the period ended January 31, 2022, no Fund’s annual investment advisory fee was subject to such reductions.
Citi Fund Services Ohio, Inc. (“Citi”) acts as the Trust’s administrator (the “Administrator”). For its services as Administrator, the Trust paid Citi an annual fee based on the Trust’s aggregate average net assets at a tier rate ranging from 0.00375% to 0.05% and a base fee for certain filings. Administration fees also include additional fees paid to Citi by the Trust for additional services provided, including support of the Trust’s compliance program.
Citi also acts as fund accounting agent for the Trust. For these services, the Trust paid Citi an annual fee based on the Trust’s aggregate average net assets at a tier rate ranging from 0.00375% to 0.03%, a base fee, and reimbursement of certain expenses.
FIS Investor Services LLC (“FIS”) acts as transfer agent for the Trust. For these services, the Trust pays FIS a base fee, account and service charges, and reimbursement of certain expenses.
ProFunds Distributors, Inc. (the “Distributor”), a wholly owned subsidiary of the Advisor, serves as the Trust’s distributor. Under a Distribution and Shareholder Services Plan, adopted by the Board of Trustees pursuant to Rule 12b-1 under the 1940 Act, each ProFund may pay financial intermediaries such as broker-dealers, investment advisors and the Distributor up to 1.00%, on an annualized basis, of the average daily net assets attributable to Service Class shares as compensation for service and distribution-related activities and/or shareholder services with respect to Service Class shares. In addition, the Bitcoin Strategy Profund may pay financial intermediaries such as broker-dealers, investment advisors and the Distributor up to 0.25%, on an annualized basis, of the average daily net assets attributable to Investor Class shares as compensation for service and distribution-related activities and/or shareholder services with respect to Investor Class shares. For the period ended January 31, 2022, the Bitcoin Strategy ProFund did not make any payments under this plan. DWS Investment Management Americas, Inc. (“DIMA”) is the investment advisor to the Government Cash Management Portfolio in which the Government Money Market ProFund, another portfolio in the Trust, invests its assets.
The Advisor, pursuant to a separate Management Services Agreement, performs certain client support services and other administrative services on behalf of the ProFunds. For these services, each ProFund pays the Advisor a fee at the annual rate of 0.15% of its average daily net assets.
The Advisor, pursuant to a separate Services Agreement, performs certain services related to the operation and maintenance of a shareholder trading platform. For these services, the Trust pays the Advisor a monthly base fee as reflected on the Statements of Operations as “Service fees.”
The ProFunds pay fees to certain intermediaries or financial institutions for record keeping, sub-accounting services, transfer agency and other administrative services as reflected on the Statements of Operations as “Administrative services fees.”
Certain Officers and a Trustee of the Trust are affiliated with the Advisor or the Administrator. Except as noted below with respect to the Trust’s Chief Compliance Officer, such Officers and Trustee receive no compensation from the ProFunds for serving in their respective roles. The Trust, together with affiliated Trusts, pays each Independent Trustees compensation for their services at an annual rate of $325,000 per Trustee, inclusive of all meetings. During the period ended January 31, 2022, actual Trustee compensation was $487,500 in aggregate from the Trust and affiliated trusts. There are certain employees of the Advisor, such as the Trust’s Chief Compliance Officer and staff who administer the Trust’s compliance program, in which the ProFunds reimburse the Advisor for their related compensation and certain other expenses incurred as reflected on the Statement of Operations as “Compliance services fees.”
The Advisor has contractually agreed to waive advisory and management services fees, and if necessary, reimburse certain other expenses of the ProFunds for the periods listed below in
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 301
order to limit the annual operating expenses (exclusive of brokerage costs, interest, taxes, dividends (including dividend expenses on securities sold short), litigation, indemnification, and extraordinary expenses) as follows:
For the Period March 1, 2020 through February 28, 2021 | For the Period March 1, 2021 through November 30, 2022 | |||||||||||||||
Investor Class | Service Class | Investor Class | Service Class | |||||||||||||
Access Flex Bear High Yield ProFund* | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Access Flex High Yield ProFund* | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % |
For the Period July 28, 2021 through November 30, 2022 | |||
Investor Class | |||
Bitcoin Strategy ProFund** | 1.78 | % |
For the Period December 1, 2020 through November 30, 2021 | For the Period December 1, 2021 through November 30, 2022 | |||||||||||||||
Investor Class | Service Class | Investor Class | Service Class | |||||||||||||
Banks UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Basic Materials UltraSector ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Bear ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Biotechnology UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Bull ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Communication Services UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Consumer Goods UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Consumer Services UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Europe 30 ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Falling U.S. Dollar ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Financials UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Health Care UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Industrials UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Internet UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Large-Cap Growth ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Large-Cap Value ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Mid-Cap Growth ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Mid-Cap ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Mid-Cap Value ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Nasdaq-100 ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Oil & Gas UltraSector ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Oil Equipment & Services UltraSector ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Pharmaceuticals UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Precious Metals UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Real Estate UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Rising Rates Opportunity ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Rising Rates Opportunity 10 ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Rising U.S. Dollar ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Semiconductor UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Short Nasdaq-100 ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Short Oil & Gas ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Short Precious Metals ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Short Real Estate ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Short Small-Cap ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Small-Cap Growth ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Small-Cap ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
Small-Cap Value ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
Technology UltraSector ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
Telecommunications UltraSector ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraBear ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraBull ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
UltraChina ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
UltraDow 30 ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
UltraEmerging Markets ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
UltraInternational ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraJapan ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % |
302 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
For the Period December 1, 2020 through November 30, 2021 | For the Period December 1, 2021 through November 30, 2022 | |||||||||||||||
Investor Class | Service Class | Investor Class | Service Class | |||||||||||||
UltraLatin America ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
UltraMid-Cap ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
UltraNasdaq-100 ProFund | 1.95 | % | 2.95 | % | 1.95 | % | 2.95 | % | ||||||||
UltraShort China ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort Dow 30 ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort Emerging Markets ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort International ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort Japan ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort Latin America ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort Mid-Cap ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraShort Nasdaq-100 ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
UltraShort Small-Cap ProFund | 1.78 | % | 2.78 | % | 1.78 | % | 2.78 | % | ||||||||
UltraSmall-Cap ProFund | 1.78 | % | 2.78 | % | 1.95 | % | 2.95 | % | ||||||||
U.S. Government Plus ProFund | 1.70 | % | 2.70 | % | 1.70 | % | 2.70 | % | ||||||||
Utilities UltraSector ProFund | 1.95 | % | 2.95 | % | 1.78 | % | 2.78 | % |
* | On April 23, 2021, Access Flex Bear High Yield Fund and Access Flex High Yield Fund reorganized into Access Flex Bear High Yield ProFund and Access Flex High Yield ProFund, respectively, through a plan of reorganization and termination that was approved by the Board of Trustees on December 10, 2020. The expense limitation for each Fund’s Investor Class and Service Class Shares was 1.78% and 2.78% both before and after this reorganization. |
** | Bitcoin Strategy Profund commenced operations on July 28, 2021. |
The Advisor may recoup the advisory and management services fees contractually waived or limited and other expenses reimbursed by it within three years of the end of the contractual period; however, such recoupment will be limited to the lesser of any expense limitation in place at the time of recoupment or the expense limitation in place at the time of waiver or reimbursement. Any amounts recouped by the Advisor during the period are reflected on the Statement of Operations as “Recoupment of prior expenses reduced by the Advisor.” As of January 31, 2022, the recoupments that may potentially be made by the ProFunds are as follows:
Expires 2/28/22 | Expires 2/28/23 | Expires 2/29/24 | Expires 11/30/24 | Expires 11/30/25 | Total | |||||||||||||||||||
Access Flex Bear High Yield ProFund | $ | 28,419 | $ | 30,929 | $ | 42,649 | $ | 21,329 | $ | 4,106 | $ | 127,432 | ||||||||||||
Access Flex High Yield ProFund | — | — | 68,776 | — | — | 68,776 |
Expires 11/30/22 | Expires 11/30/23 | Expires 11/30/24 | Expires 11/30/25 | Total | ||||||||||||||||
Basic Materials UltraSector ProFund | $ | 10,140 | $ | — | $ | 9,063 | $ | 115 | $ | 19,318 | ||||||||||
Bitcoin Strategy ProFund | — | — | 37,042 | 59,676 | 96,718 | |||||||||||||||
Communication Services UltraSector ProFund | — | 3,277 | — | 1,137 | 4,414 | |||||||||||||||
Consumer Goods UltraSector ProFund | 17,697 | 15,495 | 6,074 | — | 39,266 | |||||||||||||||
Europe 30 ProFund | 21,547 | 20,637 | 11,136 | 4,075 | 57,395 | |||||||||||||||
Falling U.S. Dollar ProFund | 58,781 | 23,352 | 29,759 | 10,681 | 122,573 | |||||||||||||||
Large-Cap Value ProFund | — | — | — | 673 | 673 | |||||||||||||||
Mid-Cap Growth ProFund | — | — | — | 1,668 | 1,668 | |||||||||||||||
Mid-Cap ProFund | — | — | — | 1,529 | 1,529 | |||||||||||||||
Mid-Cap Value ProFund | 3,030 | 16,008 | 3,488 | 1,442 | 23,968 | |||||||||||||||
Pharmaceuticals UltraSector ProFund | 15,038 | 20,327 | 17,673 | 1,410 | 54,448 | |||||||||||||||
Real Estate UltraSector ProFund | — | 5,655 | — | — | 5,655 | |||||||||||||||
Rising Rates Opportunity 10 ProFund | 11,583 | 23,054 | 18,160 | 8,980 | 61,777 | |||||||||||||||
Rising U.S. Dollar ProFund | 27,305 | 17,542 | 22,817 | 14,585 | 82,249 | |||||||||||||||
Short Nasdaq-100 ProFund | 23,679 | 15,973 | 18,463 | 17,272 | 75,387 | |||||||||||||||
Short Oil & Gas ProFund | 34,181 | 20,934 | 40,063 | 1,052 | 96,230 | |||||||||||||||
Short Precious Metals ProFund | 27,268 | 37,670 | 21,089 | 2,764 | 88,791 | |||||||||||||||
Short Real Estate ProFund | 25,295 | 32,302 | 33,162 | 4,308 | 95,067 | |||||||||||||||
Short Small-Cap ProFund | 27,437 | 39,153 | 30,226 | 20,062 | 116,878 | |||||||||||||||
Small-Cap ProFund | — | 23,176 | 13,368 | 3,957 | 40,501 | |||||||||||||||
Telecommunications UltraSector ProFund | 24,863 | 36,454 | 31,283 | 5,191 | 97,791 | |||||||||||||||
UltraBear ProFund | 3,557 | 30,161 | 21,558 | 6,313 | 61,589 | |||||||||||||||
UltraEmerging Markets ProFund | — | — | — | 1,166 | 1,166 | |||||||||||||||
UltraInternational ProFund | 12,789 | 30,332 | 17,617 | 4,763 | 65,501 | |||||||||||||||
UltraShort China ProFund | 26,295 | 30,877 | 27,238 | 4,042 | 88,452 | |||||||||||||||
UltraShort Dow 30 ProFund | 24,097 | 20,771 | 28,736 | 4,445 | 78,049 | |||||||||||||||
UltraShort Emerging Markets ProFund | 29,588 | 27,317 | 31,648 | 3,771 | 92,324 | |||||||||||||||
UltraShort International ProFund | 35,034 | 29,189 | 22,927 | 4,079 | 91,229 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 303
Expires 11/30/22 | Expires 11/30/23 | Expires 11/30/24 | Expires 11/30/25 | Total | ||||||||||||||||
UltraShort Japan ProFund | $ | 39,480 | $ | 29,550 | $ | 40,917 | $ | 2,729 | $ | 112,676 | ||||||||||
UltraShort Latin America ProFund | 27,687 | 23,861 | 30,125 | 2,645 | 84,318 | |||||||||||||||
UltraShort Mid-Cap ProFund | 23,943 | 23,952 | 25,301 | 7,787 | 80,983 | |||||||||||||||
UltraShort Nasdaq-100 ProFund | — | — | — | 888 | 888 | |||||||||||||||
UltraShort Small-Cap ProFund | 50,543 | 31,634 | 17,026 | 4,867 | 104,070 |
5. Securities Transactions
The cost of security purchases and the proceeds from the sale of securities (excluding securities maturing less than one year from acquisition) during the period ended January 31, 2022 were as follows:
Purchases | Sales | |||||||
Banks UltraSector ProFund | $ | 15,965,646 | $ | 91,065,303 | ||||
Basic Materials UltraSector ProFund | 7,753,517 | 10,713,985 | ||||||
Biotechnology UltraSector ProFund | 30,521,173 | 41,441,154 | ||||||
Bull ProFund | 3,454,800 | 6,400,940 | ||||||
Communication Services UltraSector ProFund | 2,234,756 | 3,512,427 | ||||||
Consumer Goods UltraSector ProFund | 6,947,445 | 2,942,031 | ||||||
Consumer Services UltraSector ProFund | 11,220,956 | 29,873,296 | ||||||
Europe 30 ProFund | 8,624,559 | 9,073,535 | ||||||
Financials UltraSector ProFund | 27,663,363 | 30,738,728 | ||||||
Health Care UltraSector ProFund | 14,151,201 | 29,178,120 | ||||||
Industrials UltraSector ProFund | 13,426,969 | 20,007,709 | ||||||
Internet UltraSector ProFund | 23,158,652 | 50,748,900 | ||||||
Large Cap Growth ProFund | 110,802,288 | 126,446,322 | ||||||
Large Cap Value ProFund | 76,140,075 | 53,438,972 | ||||||
Mid Cap Growth ProFund | 4,887,264 | 5,845,477 | ||||||
Mid Cap ProFund | 492,734 | 1,715,871 | ||||||
Mid Cap Value ProFund | 10,815,566 | 12,527,084 | ||||||
Nasdaq 100 ProFund | 164,835,533 | 200,575,478 | ||||||
Oil & Gas UltraSector ProFund | 12,170,980 | 12,704,201 | ||||||
Oil Equipment & Services UltraSector | 16,359,247 | 15,261,489 | ||||||
Pharmaceuticals UltraSector ProFund | 3,686,798 | 3,445,282 | ||||||
Precious Metals UltraSector ProFund | 8,649,134 | 14,128,576 | ||||||
Real Estate UltraSector ProFund | 101,871,147 | 117,200,624 | ||||||
Semiconductor UltraSector ProFund | 36,976,446 | 21,559,357 | ||||||
Small-Cap Growth ProFund | 5,138,647 | 9,103,203 | ||||||
Small-Cap ProFund | 1,200,210 | 3,305,657 | ||||||
Small-Cap Value ProFund | 22,396,477 | 25,324,180 | ||||||
Technology UltraSector ProFund | 18,094,988 | 33,989,490 | ||||||
Telecommunications UltraSector ProFund | 628,507 | 676,050 | ||||||
UltraBull ProFund | 7,219,822 | 10,069,104 | ||||||
UltraChina ProFund | 24,350,731 | 17,475,122 | ||||||
UltraDow 30 ProFund | 2,598,990 | 27,974 | ||||||
UltraEmerging Markets ProFund | 7,998,571 | 5,938,448 | ||||||
UltraLatin America ProFund | 6,880,625 | 7,594,270 | ||||||
UltraMid-Cap ProFund | 4,006,357 | 14,731,110 | ||||||
UltraNasdaq-100 ProFund | 316,620,126 | 496,708,980 | ||||||
UltraSmall-Cap ProFund | 18,386,352 | 8,142,352 | ||||||
Utilities UltraSector ProFund | 3,581,593 | 3,236,034 |
The cost of U.S. government security purchases and the proceeds from the sale of U.S. government securities (excluding securities maturing less than one year from acquisition) during the period ended January 31, 2022 were as follows:
Purchases | Sales | |||||||
Access Flex High Yield ProFund | $ | 51,680,025 | $ | 57,702,064 |
6. Investment Risks
Some risks apply to all ProFunds, while others are specific to the investment strategy of certain ProFunds. Each ProFund may be subject to other risks in addition to these identified risks. This section discusses certain common principal risks encountered by the ProFunds. The risks are presented in an order intended to facilitate readability, and their order does not imply that the realization of one risk is likely to occur more frequently than another risk, nor does it imply that the realization of one risk is likely to have a greater adverse impact than another risk.
304 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Risks Associated with the Use of Derivatives
Certain ProFunds may obtain investment exposure through derivatives. Investing in derivatives may be considered aggressive and may expose the ProFund to greater risks and may result in larger losses or smaller gains than investing directly in the reference asset(s) underlying those derivatives (e.g., securities in the Index). These risks include counterparty risk, liquidity risk and increased correlation risk. When the ProFund uses derivatives, there may be imperfect correlation between the value of the reference asset(s) underlying the derivative (e.g., securities in the Index) and the derivative, which may prevent the ProFund from achieving its investment objective. Because derivatives often require only a limited initial investment, the use of derivatives also may expose the ProFund to losses in excess of those amounts initially invested.
Certain ProFunds may use a combination of swaps on the Index and swaps on an ETF that is designed to track the performance of the Index. The performance of an ETF may not track the performance of the Index due to embedded costs and other factors. Thus, to the extent the Fund invests in swaps that use an ETF as the reference asset, each Fund may be subject to greater correlation risk and may not achieve as high a degree of correlation with the Index as it would if the Fund only used swaps on the Index.
Moreover, with respect to the use of swap agreements, if the Index has a dramatic intraday move that causes a material decline in a ProFund’s net assets, the terms of a swap agreement between the ProFund and its counterparty may permit the counterparty to immediately close out the transaction with the ProFund. In that event, the ProFund may be unable to enter into another swap agreement or invest in other derivatives to achieve the desired exposure consistent with the ProFund’s investment objective. This, in turn, may prevent the ProFund from achieving its investment objective, even if the Index reverses all or a portion of its intraday move by the end of the day. As a result, the value of an investment in the ProFund may change quickly and without warning. Any costs associated with using derivatives will also have the effect of lowering the ProFund’s return.
The Bitcoin Futures Contracts market futures may be less developed, and potentially less liquid and more volatile, than more established futures markets. While the Bitcoin futures market has grown substantially since Bitcoin futures commenced trading, there can be no assurance that this growth will continue. Bitcoin futures are subject to collateral requirements and daily limits that may limit the Fund’s ability to achieve the desired exposure. If the Fund is unable to meet its investment objective, the Fund’s returns may be lower than expected. Additionally, these collateral requirements may require the Fund to liquidate its position when it otherwise would not do so.
Compounding Risk
Most of the ProFunds are “geared” funds (“Geared Funds”) in the sense that the ProFund has an investment objective to match a multiple, the inverse, or an inverse multiple of the performance of a benchmark on a single day, not for any other period. A “single day” is measured from the time a ProFund calculates its net asset value (“NAV”) to the time of the ProFund’s next NAV calculation. These Geared Funds are subject to all of the correlation risks described below. In addition, because the ProFunds have a single day investment objective, for periods greater than one day, the effect of compounding may cause the performance of a ProFund to vary from the benchmark performance (or the inverse of the benchmark performance) times the stated multiple in the ProFund objective, as applicable, before accounting for fees and ProFund expenses. As explained in greater detail in their Prospectuses, as a result of compounding, Geared Funds are unlikely to provide a simple multiple (e.g. -1x, 2x, or -2x) of a benchmark’s return over periods longer than a single day.
Leverage Risk
Certain ProFunds utilize leverage (i.e., obtain investment exposure in excess of their assets) in seeking to achieve their investment objective and will lose more money in market environments adverse to their daily objective than similar funds that do not employ leverage.
Because the ProFunds that utilize leverage include multipliers of 2x, 1.5x, or 1.25x (or sometimes the inverse thereof), a single day adverse price movement of more than 50%, 67% or 80%, respectively, in a relevant benchmark, could result in the total loss of an investor’s investment.
Active Investor Risk
Each ProFund permits short-term trading of its securities. In addition, the Advisor expects a significant portion of the assets invested in a ProFund to come from professional money managers and investors who use the ProFund as part of active trading or tactical asset allocation strategies. These strategies often call for frequent trading to take advantage of anticipated changes in market conditions, which could increase portfolio turnover, and may result in additional costs for the ProFund. In addition, large movements of assets into and out of the ProFund may have a negative impact on the ProFund’s ability to achieve its investment objective or maintain a consistent level of operating expenses. In certain circumstances, the ProFund’s expense ratio may vary from current estimates or the historical ratio disclosed in the ProFund’s prospectus.
Bitcoin Risk
The Bitcoin Strategy ProFund does not invest directly in Bitcoin. The Fund invests primarily in Bitcoin futures.
Bitcoin is a relatively new innovation and the market for Bitcoin is subject to rapid price swings, changes and uncertainty. The further development of the Bitcoin Network and the acceptance and use of Bitcoin are subject to a variety of factors that are difficult to evaluate. The slowing, stopping or reversing of the development of the Bitcoin Network or the acceptance of Bitcoin may adversely affect the price of Bitcoin. Bitcoin is subject to the risk of fraud, theft, manipulation or security failures, operational or other problems that impact Bitcoin trading venues. Additionally, if one or a coordinated group of miners were to gain control of 51% of the Bitcoin Network, they would have the ability to manipulate transactions, halt payments and fraudulently obtain Bitcoin. A significant portion of Bitcoin is held by a small number of holders sometimes referred to as “whales”. These holders have the ability to manipulate the price of Bitcoin. Unlike the exchanges for more traditional assets, such as equity securities and futures contracts, Bitcoin and Bitcoin trading venues are largely unregulated. As a
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 305
result of the lack of regulation, individuals or groups may engage in fraud or market manipulation and investors may be more exposed to the risk of theft, fraud and market manipulation than when investing in more traditional asset classes. Over the past several years, a number of Bitcoin trading venues have been closed due to fraud, failure or security breaches. Investors in Bitcoin may have little or no recourse should such theft, fraud or manipulation occur and could suffer significant losses. Legal or regulatory changes may negatively impact the operation of the Bitcoin Network or restrict the use of Bitcoin. The realization of any of these risks could result in a decline in the acceptance of Bitcoin and consequently a reduction in the value of Bitcoin, Bitcoin futures, and the Fund. The Bitcoin Network is collectively maintained by (1) a decentralized group of participants who run computer software that results in the recording and validation of transactions (commonly referred to as “miners”), (2) developers who propose improvements to the Bitcoin Protocol and the software that enforces the protocol and (3) users who choose which version of the bitcoin software to run. From time to time, the developers suggest changes to the bitcoin software. If a sufficient number of users and miners elect not to adopt the changes, a new digital asset, operating on the earlier version of the bitcoin software, may be created. This is often referred to as a “fork.” The creation of a “fork” or a substantial giveaway of Bitcoin (sometimes referred to as an “air drop”) may result in a significant and unexpected declines in the value of Bitcoin, Bitcoin futures, and the Fund.
Bitcoin Futures Risk
The market for Bitcoin futures may be less developed, and potentially less liquid and more volatile, than more established futures markets. While the Bitcoin futures market has grown substantially since Bitcoin futures commenced trading, there can be no assurance that this growth will continue. Bitcoin futures are subject to collateral requirements and daily limits that may limit the Fund’s ability to achieve the desired exposure. If the Fund is unable to meet its investment objective, the Fund’s returns may be lower than expected. Additionally, these collateral requirements may require the Fund to liquidate its position when it otherwise would not do so.
When a Bitcoin futures contract is nearing expiration, the Fund will generally sell it and use the proceeds to buy a Bitcoin futures contract with a later expiration date. This is commonly referred to as “rolling”. The costs associated with rolling Bitcoin futures typically are substantially higher than the costs associated with other futures contracts and may have a significant adverse impact on the performance of the Fund.
Borrowing Risk
The Bitcoin Strategy ProFund may borrow for investment purposes using reverse repurchase agreements. The cost of borrowing may reduce the Fund’s return. Borrowing may cause a Fund to liquidate positions under adverse market conditions to satisfy its repayment obligations. Borrowing increases the risk of loss and may increase the volatility of the Fund.
Active Management Risk
Access Flex Bear High Yield ProFund, Access Flex High Yield ProFund and Bitcoin Strategy ProFund are actively managed, and their performance reflect the investment decisions that ProFund Advisors make for the Funds. ProFund Advisors’ judgements about the Funds’ investments may prove to be incorrect. If the investments selected and strategies employed by the Funds fail to produce the intended results, the Funds could underperform or have negative returns as compared to other funds with a similar investment objective and/or strategies.
Concentration Risk
Concentration risk results from maintaining concentrated exposure to certain types of issuers, industries, market sectors, countries or geographical regions. A ProFund that concentrates its investments will be more susceptible to risks associated with that concentration. With respect to the UltraSector and Inverse Sector ProFunds, a ProFund may have significant exposure to an individual industry that constitutes a significant portion of that ProFund’s benchmark. Such a ProFund will be more susceptible to the risks associated with that specific industry, which may be different from the risks generally associated with other benchmarks. Each ProFund will concentrate its investments in a particular industry or group of industries to approximately the same extent as its benchmark, up to the extent permitted by applicable regulatory guidance. Additionally, certain ProFunds that focus their investments in particular countries or geographic regions may be particularly susceptible to economic, political or regulatory events affecting those countries or regions. These ProFunds may be more volatile than a more geographically diversified ProFund. The Schedule of Portfolio Investments includes information on each ProFund’s holdings, including industry and/or geographical composition, as relevant.
Correlation Risk
There is no guarantee that a ProFund will achieve a high degree of correlation with its benchmark. Failure to achieve a high degree of correlation may prevent a ProFund from achieving its investment objective, and the percentage change of the ProFund’s NAV each day may differ, perhaps significantly, from the percentage change of the ProFund’s benchmark on such day. This may be due, among other reasons, to the impact of a limited trading market in the underlying component securities on the calculation of the benchmark.
In order to achieve a high degree of correlation with the Index, a ProFund seeks to rebalance its portfolio daily to keep exposure consistent with its investment objective. Being materially under-or overexposed to the Index may prevent the ProFund from achieving a high degree of correlation with the Index. Market disruptions or closure, regulatory restrictions, market volatility and other factors will adversely affect the ProFund’s ability to adjust exposure to requisite levels. The target amount of portfolio exposure is impacted dynamically by the Index’s movements. Because of this, it is unlikely that the ProFund will have perfect leveraged exposure at the end of each day and the likelihood of being materially under- or overexposed is higher on days when the Index level is volatile at or near the close of the trading day.
306 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
A number of other factors may adversely affect a ProFund’s correlation with its benchmark, including material over- or underexposure, fees, expenses, transaction costs, financing costs associated with the use of derivatives, income items, valuation methodology, accounting standards and disruptions or illiquidity in the markets for the securities or financial instruments in which a ProFund invests. A ProFund may not have investment exposure to all securities in its benchmark, or its weighting of investment exposure to stocks or industries may be different from that of the benchmark. In addition, a ProFund may invest in securities not included in the benchmark or in financial instruments. Each ProFund may take or refrain from taking positions in order to improve tax efficiency or comply with regulatory restrictions, either of which may negatively affect the ProFund’s correlation with its benchmark. A ProFund may also be subject to large movements of assets into and out of the ProFund, potentially resulting in the ProFund being over- or underexposed to its benchmark, and may be impacted by index reconstitutions and index rebalancing events. Additionally, a ProFund’s underlying holdings or reference assets may trade on markets that may or may not be open on the same day as the ProFund. Each ProFund (other than the Classic ProFunds and the Falling U.S. Dollar ProFund) seeks to rebalance its portfolio daily to keep its leveraged, inverse or inverse leveraged exposure to the benchmark consistent with its investment objective. Any of these factors could decrease correlation between the performance of a ProFund and may hinder a ProFund’s ability to meet its investment objective on or around that day.
Credit Default Swaps (“CDS”) Risk
While the Access Flex Bear High Yield ProFund will normally be a net “buyer” of CDS and the Access Flex High Yield ProFund will normally be a net “seller” of CDS, at times the Access Flex Bear High Yield ProFund may be a net “seller” and the Access Flex High Yield ProFund may be a net “buyer” of CDS. When a ProFund is a seller of credit protection, upon the occurrence of a credit event, the ProFund will have an obligation to pay the full notional value of a defaulted reference entity less recovery value. When a ProFund is a buyer of credit protection, upon the occurrence of a credit event, the counterparty to the ProFund will have an obligation to pay the full notional value of a defaulted reference entity less recovery value. Recovery values for CDS are generally determined via an auction process to determine the final price for a given reference entity. Although, each ProFund intends, as practicable, to obtain exposure through centrally cleared CDS, an active market may not exist for any of the CDS in which a ProFund invests or in the reference entities subject to the CDS. As a result, a ProFund’s ability to maximize returns or minimize losses on such CDS may be impaired. Other risks of CDS include difficulty in valuation due to the lack of pricing transparency and the risk that changes in the value of the CDS do not reflect changes in the credit quality of the underlying reference entities or may otherwise perform differently than expected given market conditions. Because a ProFund may use a single counterparty or a small number of counterparties, certain CDS involve many reference entities and there are no limitations on the notional amount established for the CDS. As a result, counterparty risk may be amplified.
Counterparty Risk
A ProFund that will invest in financial instruments involving third parties (i.e., counterparties) is subject to counterparty risk. The use of financial instruments, such as swap agreements or futures contracts, involves risks that are different from those associated with ordinary portfolio securities transactions. Certain ProFunds will be subject to credit risk (i.e., the risk that a counterparty is unwilling or unable to make timely payments to meet its contractual obligations) with respect to the amount they expect to receive from counterparties to financial instruments and repurchase agreements entered into by the ProFunds. Each ProFund generally structures the agreement such that either party can terminate the contract without penalty prior to the termination date. A ProFund may be negatively impacted if a counterparty becomes bankrupt or otherwise fails to perform its obligations, the value of an investment in each ProFund may decline. A ProFund may experience significant delays in obtaining any recovery in a bankruptcy or other reorganization proceeding and a ProFund may obtain only limited recovery or may obtain no recovery in such circumstances.
The ProFunds typically enter into transactions with counterparties whose credit rating at the time of the transaction is investment grade, as determined by a nationally recognized statistical rating organization, or, if unrated, judged by the Advisor to be of comparable quality. These are usually major, global financial institutions. Although the counterparty to an exchange-traded futures contract is often backed by a futures commission merchant (“FCM”) or clearing organization that is further backed by a group of financial institutions, there may be instances in which the FCM or the clearing organization could fail to perform its obligations, causing significant losses to the ProFund. For example, a ProFund could lose margin payments it has deposited with a clearing organization as well as gains owed but not paid to the ProFund if the clearing organization becomes insolvent or otherwise fails to perform its obligations.
Under current CFTC regulations, a FCM maintains customers’ assets in a bulk segregated account. If a FCM fails to do so, or is unable to satisfy a substantial deficit in a customer account, its other customers may be subject to risk of loss of their funds in the event of that FCM’s bankruptcy. In that event, in the case of futures, the FCM’s customers are entitled to recover, even in respect of property specifically traceable to them, only a proportional share of all property available for distribution to all of that FCM’s customers. In the case of cleared swaps, customers of a FCM in bankruptcy are entitled to recover assets specifically attributable to them pursuant to new CFTC regulations, but may nevertheless risk loss of some or all of their assets due to accounting or operational issues or due to legal risk in connection with the application of bankruptcy law to cleared swaps.
Natural Disaster/Epidemic Risk
Natural or environmental disasters, such as earthquakes, fires, floods, hurricanes, tsunamis and other severe weather-related phenomena generally, and widespread disease, including pandemics and epidemics (for example, the novel coronavirus (COVID-19)), have been and can be highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses.
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 307
Such as natural disaster and health crises could exacerbate political, social, and economic risks previously mentioned, and result in significant breakdowns, delays, shutdowns, social isolation, and other disruptions to important global, local and regional supply chains affected, with potential corresponding results on the operating performance of the Fund and its investments. A climate of uncertainty and panic, including the contagion of infectious viruses or diseases, may adversely affect global, regional, and local economies and reduce the availability of potential investment opportunities, and increases the difficulty of performing due diligence and modeling market conditions, potentially reducing the accuracy of financial projections. Under these circumstances, the Fund may have difficulty achieving its investment objective which may adversely impact performance. Further, such events can be highly disruptive to economies and markets, significantly disrupt the operations of individual companies (including, but not limited to, the Fund’s investment advisor and third party service providers), sectors, industries, markets, securities and commodity exchanges, currencies, interest and inflation rates, credit ratings, investor sentiment, and other factors affecting the value of the Fund’s investments. These factors can cause substantial market volatility, exchange trading suspensions and closures and can impact the ability of the Fund to complete redemptions and otherwise affect Fund performance and Fund trading in the secondary market. A widespread crisis may also affect the global economy in ways that cannot necessarily be foreseen at the current time. How long such events will last and whether they will continue or recur cannot be predicted. Impacts from these events could have significant impact on the Fund’s performance, resulting in losses to your investment.
Risk that Current Assumptions and Expectations Could Become Outdated As a Result of Global Economic Shocks
The onset of the novel coronavirus (COVID-19) has caused significant shocks to global financial markets and economies, with many governments taking extreme actions to slow and contain the spread of COVID-19 (including any variants). These actions have had, and likely will continue to have, a severe economic impact on global economies as economic activity in some instances has essentially ceased. Financial markets across the globe are experiencing severe distress at least equal to what was experienced during the global financial crisis in 2008. In March 2020, U.S. equity markets entered a bear market in the fastest such move in the history of U.S. financial markets. During much of 2020, the unemployment rate in the U.S. was extremely high by historical standards. Additionally, other public health issues, war, military conflicts, sanctions, acts of terrorism, sustained elevated inflation, supply chain issues or other events could have a significant negative impact on global financial markets and economies. It is not possible to predict when unemployment and market conditions will return to more normal levels. The global economic shocks being experienced as of the date hereof may cause the underlying assumptions and expectations of the Fund to quickly become outdated or inaccurate, resulting in significant losses.
Debt Instruments Risk
The ProFunds may invest in, or seek exposure to, debt instruments. Debt instruments are subject to adverse issuer, political, regulatory, market and economic developments, as well as developments that affect specific economic sectors, industries or segments of the fixed income market. Additionally, the credit quality of the issuer of a debt instrument (including the risk of a potential default) can also affect the price of a debt instrument. The perceived or actual inability of issuers, guarantors, or liquidity providers of debt instruments to make scheduled interest payments can negatively impact the performance of the ProFund. Debt instruments may have varying levels of sensitivity to changes in interest rates and other factors. Typically, the price of outstanding debt instruments falls when interest rates rise. Without taking into account other factors, the prices of debt instruments with longer maturities may fluctuate more in response to interest rate changes than those of debt instruments with shorter maturities. In addition, changes in the credit quality of the issuer of a debt instrument (including a default) can also affect the price of a debt instrument. Many types of debt instruments are subject to prepayment risk, which is the risk that the issuer of the security will repay principal (in part or in whole) prior to the maturity date. Debt instruments allowing prepayment may offer less potential for gains during a period of declining interest rates, as a ProFund may be required to reinvest the proceeds received at lower interest rates. These factors may cause the value of an investment in the ProFund to change. Also, the securities of certain U.S. government agencies, authorities or instrumentalities are neither issued by nor guaranteed as to principal and interest by the U.S. government, and may be exposed to more credit risk than those issued by and guaranteed as to principal and interest by the U.S. government. All U.S. government securities are subject to credit risk. It is possible that the U.S. government may not be able to meet its financial obligations or that securities issued by the U.S. government may experience credit downgrades. Such a credit event may also adversely impact the financial markets. Certain ProFunds are inversely correlated to bond prices and will typically respond differently to the above factors than would a ProFund positively correlated to bond prices.
High Yield Risk
Investment in or exposure to high yield (lower rated) debt instruments (also known as “junk bonds”) may involve greater levels of interest rate, credit, liquidity and valuation risk than for higher rated instruments. High yield debt instruments may be more sensitive to economic changes, political changes, or adverse developments specific to a company than other fixed income instruments. These securities are subject to greater risk of loss, greater sensitivity to economic changes, valuation difficulties, and a potential lack of a secondary or public market for securities. High yield debt instruments are considered predominantly speculative with respect to the issuer’s continuing ability to make principal and interest payments and, therefore, such instruments generally involve greater risk of default or price changes than higher rated debt instruments. An economic downturn or period of rising interest rates could adversely affect the market for these securities and reduce market liquidity (liquidity risk). Less active markets may diminish a ProFund’s ability to obtain accurate market quotations when valuing the portfolio securities and thereby give rise to valuation risk. High yield debt instruments may also present risks based on payment expectations. For example, these instruments may contain redemption or call provisions. If an issuer exercises these provisions in a declining interest rate market, the
308 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
ProFund would have to replace the security with a lower yielding security, resulting in a decreased return for investors. If the issuer of a security is in default with respect to interest or principal payments, the issuer’s security could lose its entire value. Furthermore, the transaction costs associated with the purchase and sale of high yield debt instruments may vary greatly depending upon a number of factors and may adversely affect a ProFund’s performance. While the realization of certain of these risks may benefit the Access Flex Bear High Yield ProFund because it seeks investment results that correspond to the inverse of the high yield market, such occurrences may introduce more volatility to the ProFund.
Index Performance Risk
Certain ProFunds linked to an index will be subject to index performance risk. There is no guarantee or assurance that the methodology used by the third-party provider to create the Index will result in the ProFund achieving high, or even positive, returns. Further, there can be no guarantee that the methodology underlying the Index or the daily calculation of the Index will be free from error. It is also possible that the value of the Index may be subject to intentional manipulation by third-party market participants. The Index may underperform, and the ProFund could lose value, while other indices or measures of market performance increase in value.
Investment Capacity Risk
The Bitcoin Strategy ProFund’s ability to obtain exposure to Bitcoin futures contracts consistent with its investment objective is disrupted for any reason including, limited liquidity in the Bitcoin futures market, a disruption to the Bitcoin futures market, or as a result of margin requirements or position limits imposed by the Fund’s futures commission merchants (“FCMs”), the CME, or the CFTC, the Fund would not be able to achieve its investment objective and may experience significant losses. The Adviser may, in its sole discretion and without prior notice, limit or reject purchases of Fund shares. This is often referred to as “closing” the Fund. The Adviser may re-open the Fund in its sole discretion and without prior notice.
LIBOR Risk
Many debt securities, derivatives, and other financial instruments, including some of the Funds’ investments, use the London Interbank Offered Rate (“LIBOR”) as the reference or benchmark rate for variable interest rate calculations. LIBOR is being discontinued as a floating rate benchmark. The Secured Overnight Financing Rate (“SOFR”) is expected to replace U.S. dollar LIBOR as the principal floating rate benchmark. The LIBOR discontinuation has affected and will continue to affect financial markets generally. The date of the LIBOR discontinuation will vary depending on the LIBOR currency and tenor.
The UK Financial Conduct Authority (the “FCA”), which is the regulator of the LIBOR administrator, has announced that, after specified dates, LIBOR settings will cease to be provided by any administrator or will no longer be representative. Those dates are: (i) June 30, 2023, in the case of the principal U.S. dollar LIBOR tenors (overnight and one, three, six and 12 month); and (ii) January 31, 2022, in all other cases (i.e., one week and two month U.S. dollar LIBOR and all tenors of non-U.S. dollar LIBOR). Accordingly, many existing LIBOR obligations will transition to another benchmark after June 30, 2023 or, in some cases, after January 31, 2022. The FCA and certain U.S. regulators have stated that, despite expected publication of U.S. dollar LIBOR through June 30, 2023, no new contracts using U.S. dollar LIBOR should be entered into after January 31, 2022.
Although the foregoing reflects the likely timing of the LIBOR discontinuation and certain consequences, there is no assurance that LIBOR, of any particular currency or tenor, will continue to be published until any particular date or in any particular form, and there is no assurance regarding the consequences of the LIBOR discontinuation. In the United States, there have been efforts to identify alternative reference interest rates for U.S. dollar LIBOR. The cash markets have generally coalesced around recommendations from the Alternative Reference Rates Committee (the “ARRC”), which was convened by the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of New York. The ARRC has recommended that U.S. dollar LIBOR be replaced by rates based on SOFR plus, in the case of existing LIBOR contracts and obligations, a spread adjustment.
For purposes of the following discussion, the term “LIBOR” refers solely to U.S. dollar LIBOR. SOFR has a limited history, having been first published in April 2018. The future performance of SOFR, and SOFR-based reference rates, cannot be predicted based on SOFR’s history or otherwise. SOFR has been more volatile than other benchmark or market rates, such as three-month LIBOR, during certain periods. Future levels of SOFR may bear little or no relation to historical levels of SOFR, LIBOR or other rates. SOFR-based rates will differ from LIBOR, and the differences may be material. SOFR is intended to be a broad measure of the cost of borrowing funds overnight in transactions that are collateralized by U.S. Treasury securities. In contrast, LIBOR is intended to be an unsecured rate that represents interbank funding costs for different short-term tenors.
For these reasons, among others, there is no assurance that SOFR, or rates derived from SOFR, will perform in the same or a similar way as LIBOR would have performed at any time, and there is no assurance that SOFR-based rates will be a suitable substitute for LIBOR. Non-LIBOR floating rate obligations, including SOFR-based obligations, may have returns and values that fluctuate more than those of floating rate obligations that are based on LIBOR or other rates. Resulting changes in the financial markets may adversely affect financial markets generally and may also adversely affect a Fund’s operations specifically, particularly as financial markets transition away from LIBOR.
Liquidity Risk
In certain circumstances, such as the disruption of the orderly markets for the securities or financial instruments in which a ProFund invests, the ProFunds might not be able to acquire or dispose of certain holdings quickly or at prices that represent true fair value in the judgment of the Advisor. Markets for the securities or financial instruments in which a ProFund invests may be disrupted by a number of events, including but not limited to economic crises, natural disasters, new legislation, or regulatory changes inside or outside of the U.S. For example, regulation limiting the ability of certain financial institutions to invest in
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 309
certain securities would likely reduce the liquidity of those securities. These situations may prevent a ProFund from limiting losses, realizing gains, or from achieving a high correlation (or inverse correlation) with its underlying benchmark.
The market for the Bitcoin futures contracts is still developing and may be subject to periods of illiquidity. During such times it may be difficult or impossible to buy or sell a position at the desired price. Market disruptions or volatility can also make it difficult to find a counterparty willing to transact at a reasonable price and sufficient size. Illiquid markets may cause losses, which could be significant. The large size of the positions which the Fund may acquire increases the risk of illiquidity, may make its positions more difficult to liquidate, and increase the losses incurred while trying to do so.
7. Federal Income Tax Information
The tax character of distributions paid to shareholders during the applicable tax years ended as noted below, were as follows:
Year Ended 2021 | Year Ended 2020 | |||||||||||||||||||||||||||||||||||
Distributions Paid from Ordinary Income | Distributions Paid from Net Long-Term Gains | Tax Return of Capital | Total Distributions Paid | Distributions Paid from Ordinary Income | Distributions Paid from Net Long-Term Gains | Taxable Overdistribution | Tax Return of Capital | Total Distributions Paid | ||||||||||||||||||||||||||||
December 31 | ||||||||||||||||||||||||||||||||||||
Bear ProFund | $ | — | $ | — | $ | — | $ | — | $ | 8,361 | $ | — | $ | — | $ | — | $ | 8,361 | ||||||||||||||||||
Bull ProFund | 1,995,004 | 2,757,165 | — | 4,752,169 | 3,962,399 | — | — | — | 3,962,399 | |||||||||||||||||||||||||||
Europe 30 ProFund | 33,014 | — | — | 33,014 | 104,574 | — | — | — | 104,574 | |||||||||||||||||||||||||||
UltraBear ProFund | — | — | — | — | 37,071 | — | — | — | 37,071 | |||||||||||||||||||||||||||
UltraBull ProFund | 5,070,936 | 2,554,660 | — | 7,625,596 | 9,602,431 | 4,135,538 | — | — | 13,737,969 | |||||||||||||||||||||||||||
UltraJapan ProFund | 675,945 | 1,304,962 | — | 1,980,907 | — | — | — | — | — | |||||||||||||||||||||||||||
UltraNasdaq-100 ProFund | 148,739,778 | 16,381,915 | — | 165,121,693 | 74,202,741 | 8,972,321 | — | — | 83,175,062 | |||||||||||||||||||||||||||
UltraShort Nasdaq-100 ProFund | — | — | — | — | 6,099 | — | — | — | 6,099 | |||||||||||||||||||||||||||
October 31 | ||||||||||||||||||||||||||||||||||||
Access Flex High Yield ProFund | 467,987 | — | — | 467,987 | 547,098 | 59,251 | 606,349 | |||||||||||||||||||||||||||||
Basic Materials UltraSector ProFund | 87,381 | 4,525 | — | 91,906 | — | — | — | — | — | |||||||||||||||||||||||||||
Banks UltraSector ProFund | — | — | — | — | 147,431 | — | — | — | 147,431 | |||||||||||||||||||||||||||
Biotechnology UltraSector ProFund | 17,310,399 | — | — | 17,310,399 | — | 6,477,017 | — | — | 6,477,017 | |||||||||||||||||||||||||||
Communication Services UltraSector ProFund | — | — | — | — | 202,746 | — | — | — | 202,746 | |||||||||||||||||||||||||||
Consumer Goods UltraSector ProFund | — | — | — | — | 80,976 | 61,866 | — | — | 142,842 | |||||||||||||||||||||||||||
Consumer Services UltraSector ProFund | 1,939,814 | 1,051,801 | — | 2,991,615 | — | — | — | — | — | |||||||||||||||||||||||||||
Financials UltraSector ProFund | — | — | — | — | 153,234 | — | 34,237 | — | 187,471 | |||||||||||||||||||||||||||
Health Care UltraSector ProFund | — | — | — | — | 12,104 | — | — | — | 12,104 |
310 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Year Ended 2021 | Year Ended 2020 | |||||||||||||||||||||||||||||||||||
Distributions Paid from Ordinary Income | Distributions Paid from Net Long-Term Gains | Tax Return of Capital | Total Distributions Paid | Distributions Paid from Ordinary Income | Distributions Paid from Net Long-Term Gains | Taxable Overdistribution | Tax Return of Capital | Total Distributions Paid | ||||||||||||||||||||||||||||
Internet UltraSector ProFund | $ | 27,272,748 | $ | 12,588,418 | $ | — | $ | 39,861,166 | $ | 177,930 | $ | 28,278 | $ | — | $ | — | $ | 206,208 | ||||||||||||||||||
Large-Cap Growth ProFund | 751,401 | 650,090 | — | 1,401,491 | 341,415 | 492,743 | — | — | 834,158 | |||||||||||||||||||||||||||
Mid-Cap Growth ProFund | 320,965 | 602,809 | — | 923,774 | — | — | — | — | — | |||||||||||||||||||||||||||
Mid-Cap ProFund | — | — | — | — | — | 358,894 | — | — | 358,894 | |||||||||||||||||||||||||||
Mid-Cap Value ProFund | 10,633 | — | — | 10,633 | 17,715 | — | — | 3,366 | 21,081 | |||||||||||||||||||||||||||
Nasdaq-100 ProFund | 1,491,584 | 348,686 | — | 1,840,270 | 498,352 | 387,756 | — | — | 886,108 | |||||||||||||||||||||||||||
Oil & Gas UltraSector ProFund | 227,674 | — | — | 227,674 | 153,992 | — | — | — | 153,992 | |||||||||||||||||||||||||||
Oil Equipment & Services UltraSector ProFund | 17,573 | — | — | 17,573 | — | — | — | — | — | |||||||||||||||||||||||||||
Pharmaceuticals UltraSector ProFund | — | 16,620 | — | 16,620 | — | — | — | — | — | |||||||||||||||||||||||||||
Real Estate UltraSector ProFund | — | — | — | — | 101,880 | 80,388 | — | 184,976 | 367,244 | |||||||||||||||||||||||||||
Rising Rates Opportunity ProFund | — | — | — | — | 188,442 | — | — | — | 188,442 | |||||||||||||||||||||||||||
Rising Rates Opportunity 10 ProFund | — | — | — | — | 17,678 | — | — | — | 17,678 | |||||||||||||||||||||||||||
Rising U.S. Dollar ProFund | — | — | — | — | 23,144 | — | — | — | 23,144 | |||||||||||||||||||||||||||
Semiconductor UltraSector ProFund | — | — | — | — | 88,463 | — | — | — | 88,463 | |||||||||||||||||||||||||||
Short Nasdaq-100 ProFund | — | — | — | — | 11,298 | — | — | — | 11,298 | |||||||||||||||||||||||||||
Short Oil & Gas ProFund | — | — | — | — | 4,714 | — | — | — | 4,714 | |||||||||||||||||||||||||||
Short Precious Metals ProFund | — | — | — | — | 18,058 | — | — | — | 18,058 | |||||||||||||||||||||||||||
Short Small-Cap ProFund | — | — | — | — | 7,330 | — | — | — | 7,330 | |||||||||||||||||||||||||||
Small-Cap Value ProFund | — | — | — | — | — | — | 3,975 | — | 3,975 | |||||||||||||||||||||||||||
Technology UltraSector ProFund | 1,627,121 | 8,142 | — | 1,635,263 | — | — | — | — | — | |||||||||||||||||||||||||||
Telecommunications UltraSector ProFund | 4,660 | — | — | 4,660 | 20,443 | — | — | — | 20,443 | |||||||||||||||||||||||||||
UltraChina ProFund | — | — | — | — | 18,540 | — | — | — | 18,540 | |||||||||||||||||||||||||||
UltraDow 30 ProFund | 55,323 | 580,971 | — | 636,294 | 660,094 | — | — | — | 660,094 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 311
Year Ended 2021 | Year Ended 2020 | |||||||||||||||||||||||||||||||||||
Distributions Paid from Ordinary Income | Distributions Paid from Net Long-Term Gains | Tax Return of Capital | Total Distributions Paid | Distributions Paid from Ordinary Income | Distributions Paid from Net Long-Term Gains | Taxable Overdistribution | Tax Return of Capital | Total Distributions Paid | ||||||||||||||||||||||||||||
UltraLatin America ProFund | $ | 103,594 | $ | — | $ | — | $ | 103,594 | $ | 475,022 | $ | — | $ | — | $ | — | $ | 475,022 | ||||||||||||||||||
UltraMid-Cap ProFund | — | — | — | — | 899,431 | 679,608 | 88,692 | — | 1,667,731 | |||||||||||||||||||||||||||
UltraShort China ProFund | — | — | — | — | 14,251 | — | — | — | 14,251 | |||||||||||||||||||||||||||
UltraShort Dow 30 ProFund | — | — | — | — | 13,291 | — | — | — | 13,291 | |||||||||||||||||||||||||||
UltraShort Emerging Markets ProFund | — | — | — | — | 7,510 | — | — | — | 7,510 | |||||||||||||||||||||||||||
UltraShort International ProFund | — | — | — | — | 15,691 | — | — | — | 15,691 | |||||||||||||||||||||||||||
UltraShort Latin America ProFund | — | — | — | — | 12,538 | — | — | — | 12,538 | |||||||||||||||||||||||||||
UltraShort Mid-Cap ProFund | — | — | — | — | 7,614 | — | — | — | 7,614 | |||||||||||||||||||||||||||
UltraShort Small-Cap ProFund | — | — | — | — | 17,184 | — | — | — | 17,184 | |||||||||||||||||||||||||||
U.S. Government Plus ProFund | — | — | — | — | 35,572 | — | — | — | 35,572 | |||||||||||||||||||||||||||
Utilities UltraSector ProFund | 39,965 | — | 5,508 | 45,473 | 489,768 | — | — | — | 489,768 |
As of the latest tax year ended, as noted below, the components of accumulated earnings (deficit) on a tax basis were as follows:
Undistributed Ordinary Income | Undistributed Long-Term Capital Gains | Distributions Payable | Accumulated Capital and Other Losses | Unrealized Appreciation/ (Depreciation) | Total Accumulated Earnings/ (Deficit) | |||||||||||||||||||
December 31 | ||||||||||||||||||||||||
Bear ProFund | $ | — | $ | — | $ | — | $ | (70,061,449 | ) | $ | 43,939 | $ | (70,017,510 | ) | ||||||||||
Bull ProFund | 1,004,296 | 76,059 | — | — | 31,542,536 | 32,622,891 | ||||||||||||||||||
Europe 30 ProFund | 48,336 | — | — | (3,776,853 | ) | 320,476 | (3,408,041 | ) | ||||||||||||||||
UltraBear ProFund | — | — | — | (100,305,801 | ) | 61,072 | (100,244,729 | ) | ||||||||||||||||
UltraBull ProFund | 8,942,894 | 198,921 | — | — | 54,183,625 | 63,325,440 | ||||||||||||||||||
UltraJapan ProFund | — | — | — | — | (481 | ) | (481 | ) | ||||||||||||||||
UltraNasdaq-100 ProFund | 26,477,309 | 1,155,422 | — | — | 460,129,048 | 487,761,779 | ||||||||||||||||||
UltraShort Nasdaq-100 ProFund | — | — | — | (53,646,478 | ) | 216,153 | (53,430,325 | ) | ||||||||||||||||
October 31 | ||||||||||||||||||||||||
Access Flex Bear High Yield ProFund | — | — | — | (5,399,229 | ) | — | (5,399,229 | ) | ||||||||||||||||
Access Flex High Yield ProFund | — | — | — | — | (19,125 | ) | (19,125 | ) | ||||||||||||||||
Banks UltraSector ProFund | — | — | — | (1,068,963 | ) | 7,344,982 | 6,276,019 | |||||||||||||||||
Basic Materials UltraSector ProFund | — | — | — | — | 2,066,021 | 2,066,021 | ||||||||||||||||||
Biotechnology UltraSector ProFund | 14,242,746 | 11,279,598 | — | — | 68,577,329 | 94,099,673 | ||||||||||||||||||
Bitcoin Strategy ProFund | — | — | — | — | 13,799,408 | 13,799,408 | ||||||||||||||||||
Communication Services UltraSector ProFund | 59,697 | 2,106 | — | — | 2,141,321 | 2,203,124 | ||||||||||||||||||
Consumer Goods UltraSector ProFund | 351,875 | 151,475 | — | — | 3,104,128 | 3,607,478 | ||||||||||||||||||
Consumer Services UltraSector ProFund | 5,320,427 | 130,368 | — | — | 30,162,091 | 35,612,886 |
312 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Undistributed Ordinary Income | Undistributed Long-Term Capital Gains | Distributions Payable | Accumulated Capital and Other Losses | Unrealized Appreciation/ (Depreciation) | Total Accumulated Earnings/ (Deficit) | |||||||||||||||||||
Falling U.S. Dollar ProFund | $ | — | $ | — | $ | — | $ | (2,636,026 | ) | $ | — | $ | (2,636,026 | ) | ||||||||||
Financials UltraSector ProFund | 877,097 | 2,084 | — | — | 2,458,308 | 3,337,489 | ||||||||||||||||||
Health Care UltraSector ProFund | — | — | — | (782,184 | ) | 10,602,602 | 9,820,418 | |||||||||||||||||
Industrials UltraSector ProFund | 436,119 | 3,184 | — | — | 3,267,862 | 3,707,165 | ||||||||||||||||||
Internet UltraSector ProFund | 20,936,693 | 9,806,780 | — | — | 96,845,438 | 127,588,911 | ||||||||||||||||||
Large-Cap Growth ProFund | 221,666 | 85,029 | — | — | 13,211,555 | 13,518,250 | ||||||||||||||||||
Large-Cap Value ProFund | 54,514 | — | — | (2,242,014 | ) | 1,714,343 | (473,157 | ) | ||||||||||||||||
Mid-Cap Growth ProFund | 831,229 | 119,485 | — | — | 1,826,561 | 2,777,275 | ||||||||||||||||||
Mid-Cap ProFund | 158,547 | 58,875 | — | — | 1,927,537 | 2,144,959 | ||||||||||||||||||
Mid-Cap Value ProFund | 50,173 | — | — | — | 1,552,088 | 1,602,261 | ||||||||||||||||||
Nasdaq-100 ProFund | 2,281,193 | 2,060,020 | — | — | 49,379,453 | 53,720,666 | ||||||||||||||||||
Oil & Gas UltraSector ProFund | 277,761 | — | — | (7,032,306 | ) | 6,592,939 | (161,606 | ) | ||||||||||||||||
Oil Equipment & Services UltraSector ProFund | — | — | — | (19,076,521 | ) | (1,917,463 | ) | (20,993,984 | ) | |||||||||||||||
Pharmaceuticals UltraSector ProFund | 57,588 | 128,692 | — | — | 141,333 | 327,613 | ||||||||||||||||||
Precious Metals UltraSector ProFund | — | — | — | (59,386,455 | ) | 4,052,844 | (55,333,611 | ) | ||||||||||||||||
Real Estate UltraSector ProFund | 3,068,498 | 122,820 | — | — | 5,447,622 | 8,638,940 | ||||||||||||||||||
Rising Rates Opportunity ProFund | — | — | — | (50,870,009 | ) | (431,237 | ) | (51,301,246 | ) | |||||||||||||||
Rising Rates Opportunity 10 ProFund | — | — | — | (4,101,645 | ) | (3,417 | ) | (4,105,062 | ) | |||||||||||||||
Rising U.S. Dollar ProFund | — | — | — | (628,138 | ) | — | (628,138 | ) | ||||||||||||||||
Semiconductor UltraSector ProFund | 5,976,285 | 178,486 | — | — | 50,251,014 | 56,405,785 | ||||||||||||||||||
Short Nasdaq-100 ProFund | — | — | — | (13,081,201 | ) | (23,729 | ) | (13,104,930 | ) | |||||||||||||||
Short Oil & Gas ProFund | — | — | — | (1,681,508 | ) | 53,753 | (1,627,755 | ) | ||||||||||||||||
Short Precious Metals ProFund | — | — | — | (10,363,077 | ) | 229,798 | (10,133,279 | ) | ||||||||||||||||
Short Real Estate ProFund | — | — | — | (4,790,072 | ) | 2,525 | (4,787,547 | ) | ||||||||||||||||
Short Small-Cap ProFund | — | — | — | (15,089,232 | ) | (38,775 | ) | (15,128,007 | ) | |||||||||||||||
Small-Cap Growth ProFund | 228,742 | 328,498 | — | — | 3,164,299 | 3,721,539 | ||||||||||||||||||
Small-Cap ProFund | — | — | — | — | 1,232,658 | 1,232,658 | ||||||||||||||||||
Small-Cap Value ProFund | 168,315 | 41,014 | — | — | 3,216,105 | 3,425,434 | ||||||||||||||||||
Technology UltraSector ProFund | 6,724,711 | 558,470 | — | — | 48,970,689 | 56,253,870 | ||||||||||||||||||
Telecommunications UltraSector ProFund | 6,192 | — | — | (5,584,373 | ) | 124,414 | (5,453,767 | ) | ||||||||||||||||
UltraChina ProFund | — | — | — | (17,867,907 | ) | (1,894,008 | ) | (19,761,915 | ) | |||||||||||||||
UltraDow 30 ProFund | 2,441,092 | 102,530 | — | — | 14,206,230 | 16,749,852 | ||||||||||||||||||
UltraEmerging Markets ProFund | — | — | — | (4,476,455 | ) | 1,907,924 | (2,568,531 | ) | ||||||||||||||||
UltraInternational ProFund | — | — | — | (55,331 | ) | 18,897 | (36,434 | ) | ||||||||||||||||
UltraLatin America ProFund | 499,204 | — | — | (30,225,418 | ) | (2,202,861 | ) | (31,929,075 | ) | |||||||||||||||
UltraMid-Cap ProFund | 2,306,933 | 422,277 | — | — | 14,962,965 | 17,692,175 | ||||||||||||||||||
UltraShort China ProFund | — | — | — | (6,512,890 | ) | 110,560 | (6,402,330 | ) | ||||||||||||||||
UltraShort Dow 30 ProFund | — | — | — | (24,011,916 | ) | (50,535 | ) | (24,062,451 | ) | |||||||||||||||
UltraShort Emerging Markets ProFund | — | — | — | (12,533,184 | ) | 41,489 | (12,491,695 | ) | ||||||||||||||||
UltraShort International ProFund | — | — | — | (16,990,800 | ) | (6,975 | ) | (16,997,775 | ) | |||||||||||||||
UltraShort Japan ProFund | — | — | — | (10,528,863 | ) | (2,418 | ) | (10,531,281 | ) | |||||||||||||||
UltraShort Latin America ProFund | — | — | — | (15,834,062 | ) | 77,321 | (15,756,741 | ) | ||||||||||||||||
UltraShort Mid-Cap ProFund | — | — | — | (10,998,003 | ) | (47,853 | ) | (11,045,856 | ) | |||||||||||||||
UltraShort Small-Cap ProFund | — | — | — | (55,144,425 | ) | (170,047 | ) | (55,314,472 | ) | |||||||||||||||
UltraSmall-Cap ProFund | — | — | — | — | 15,237,595 | 15,237,595 | ||||||||||||||||||
U.S. Government Plus ProFund | — | — | — | (1,968,090 | ) | 735,651 | (1,232,439 | ) | ||||||||||||||||
Utilities UltraSector ProFund | — | — | — | (6,976,669 | ) | 3,507,493 | (3,469,176 | ) |
Under current tax law, capital and specific ordinary losses realized after October 31 may be deferred and treated as occurring on the first business day of the following tax fiscal year. As of the end of their respective tax years ended October 31, 2021 and December 31, 2021, the following ProFunds had deferred losses, which will be treated as arising on the first day of the tax fiscal years ending in October 31, 2021 and December 31, 2021:
Qualified Late Year Ordinary Losses | ||||
October 31 tax year end ProFunds | ||||
Access Flex Bear High Yield ProFund | $ | 23,714 | ||
Falling U.S. Dollar ProFund | 39,077 | |||
Health Care UltraSector ProFund | 243,046 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 313
Qualified Late Year Ordinary Losses | ||||
Oil Equipment & Services UltraSector ProFund | $ | 72,097 | ||
Rising Rates Opportunity ProFund | 328,526 | |||
Rising Rates Opportunity 10 ProFund | 36,701 | |||
Rising U.S. Dollar ProFund | 97,156 | |||
Short Nasdaq-100 ProFund | 76,073 | |||
Short Oil & Gas ProFund | 15,427 | |||
Short Precious Metals ProFund | 38,083 | |||
Short Real Estate ProFund | 9,541 | |||
UltraEmerging Markets ProFund | 40,166 | |||
UltraInternational ProFund | 55,331 | |||
UltraShort China ProFund | 24,471 | |||
UltraShort Dow 30 ProFund | 49,821 | |||
UltraShort Emerging Markets ProFund | 10,640 | |||
UltraShort Japan ProFund | 4,780 | |||
UltraShort Latin America ProFund | 20,920 | |||
UltraShort Mid-Cap ProFund | 20,904 | |||
UltraShort Small-Cap ProFund | 81,953 | |||
U.S. Government Plus ProFund | 182,455 |
As of the end of their respective tax years ended October 31, 2021 and December 31, 2021, the following ProFunds have capital loss carry forwards (“CLCFs”) as summarized in the table below. CLCFs subject to expiration are applied as short-term capital loss regardless of whether the originating capital loss was short-term or long-term. CLCFs that are not subject to expiration must be utilized before those that are subject to expiration.
Fund | No Expiration Date | |||
Access Flex Bear High Yield ProFund | $ | 5,375,515 | ||
Banks UltraSector ProFund | 1,068,963 | |||
Bear ProFund | 70,061,449 | |||
Europe 30 ProFund | 3,776,853 | |||
Falling U.S. Dollar ProFund | 2,596,949 | |||
Health Care UltraSector ProFund | 539,138 | |||
Large-Cap Value ProFund | 2,242,014 | |||
Oil & Gas UltraSector ProFund | 7,032,306 | |||
Oil Equipment & Services UltraSector ProFund | 19,004,424 | |||
Precious Metals UltraSector ProFund | 59,386,455 | |||
Rising Rates Opportunity ProFund | 50,541,483 | |||
Rising Rates Opportunity 10 ProFund | 4,064,944 | |||
Rising U.S. Dollar ProFund | 530,982 | |||
Short Nasdaq-100 ProFund | 13,005,128 | |||
Short Oil & Gas ProFund | 1,666,081 | |||
Short Precious Metals ProFund | 10,324,994 | |||
Short Real Estate ProFund | 4,780,531 | |||
Short Small-Cap ProFund | 15,089,232 | |||
Telecommunications UltraSector ProFund | 5,584,373 | |||
UltraBear ProFund | 100,305,801 | |||
UltraChina ProFund | 17,867,907 | |||
UltraEmerging Markets ProFund | 4,436,289 | |||
UltraLatin America ProFund | 30,225,418 | |||
UltraShort China ProFund | 6,488,419 | |||
UltraShort Dow 30 ProFund | 23,962,095 | |||
UltraShort Emerging Markets ProFund | 12,522,544 | |||
UltraShort International ProFund | 16,990,800 | |||
UltraShort Japan ProFund | 10,524,083 | |||
UltraShort Latin America ProFund | 15,813,142 | |||
UltraShort Mid-Cap ProFund | 10,977,099 | |||
UltraShort Nasdaq-100 ProFund | 53,646,478 | |||
UltraShort Small-Cap ProFund | 55,062,472 | |||
U.S. Government Plus ProFund | 1,785,635 | |||
Utilities UltraSector ProFund | 6,976,669 |
314 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
Unused limitations accumulate and increase limited CLCFs available for use in offsetting net capital gains. The tax character of current year distributions paid and the tax basis of the current components of accumulated earnings (deficit) and any CLCFs will be determined at the end of the current tax years. The Trust’s Board of Trustees does not intend to authorize a distribution of any realized gain for a ProFund until any applicable CLCF has been offset or expires.
As of the end of their respective tax years ended October 31, 2021 and December 31, 2021, the cost of securities, including derivatives, gross unrealized appreciation and gross unrealized depreciation on investment securities, for federal income tax purposes, were as follows:
Tax Cost | Tax Unrealized Appreciation | Tax Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | |||||||||||||
December 31 | ||||||||||||||||
Bear ProFund | $ | 8,908,000 | $ | 43,939 | $ | — | $ | 43,939 | ||||||||
Bull ProFund | 46,683,604 | 33,820,469 | (2,277,933 | ) | 31,542,536 | |||||||||||
Europe 30 ProFund | 2,632,002 | 1,002,254 | (681,778 | ) | 320,476 | |||||||||||
UltraBear ProFund | 6,606,000 | 61,072 | — | 61,072 | ||||||||||||
UltraBull ProFund | 96,786,742 | 61,962,112 | (7,778,487 | ) | 54,183,625 | |||||||||||
UltraJapan ProFund | 13,041,000 | — | (481 | ) | (481 | ) | ||||||||||
UltraNasdaq-100 ProFund | 810,109,884 | 518,074,447 | (57,945,399 | ) | 460,129,048 | |||||||||||
UltraShort Nasdaq-100 ProFund | 6,263,000 | 216,153 | — | 216,153 | ||||||||||||
October 31 | ||||||||||||||||
Access Flex Bear High Yield ProFund | 261,000 | — | — | — | ||||||||||||
Access Flex High Yield ProFund | 23,440,250 | — | (19,125 | ) | (19,125 | ) | ||||||||||
Banks UltraSector ProFund | 32,402,899 | 10,235,170 | (2,890,188 | ) | 7,344,982 | |||||||||||
Basic Materials UltraSector ProFund | 3,784,699 | 2,738,508 | (672,487 | ) | 2,066,021 | |||||||||||
Biotechnology UltraSector ProFund | 93,292,934 | 71,658,606 | (3,081,277 | ) | 68,577,329 | |||||||||||
Bitcoin Strategy ProFund | 25,056,568 | 13,799,408 | — | 13,799,408 | ||||||||||||
Communication Services UltraSector ProFund | 8,242,738 | 2,587,583 | (446,262 | ) | 2,141,321 | |||||||||||
Consumer Goods UltraSector ProFund | 5,355,528 | 3,210,611 | (106,483 | ) | 3,104,128 | |||||||||||
Consumer Services UltraSector ProFund | 27,804,235 | 31,219,580 | (1,057,489 | ) | 30,162,091 | |||||||||||
Falling U.S. Dollar ProFund | 1,128,000 | — | — | — | ||||||||||||
Financials UltraSector ProFund | 25,863,729 | 4,434,899 | (1,976,591 | ) | 2,458,308 | |||||||||||
Health Care UltraSector ProFund | 15,836,549 | 11,202,932 | (600,330 | ) | 10,602,602 | |||||||||||
Industrials UltraSector ProFund | 16,536,609 | 4,030,599 | (762,737 | ) | 3,267,862 | |||||||||||
Internet UltraSector ProFund | 133,848,948 | 104,263,035 | (7,417,597 | ) | 96,845,438 | |||||||||||
Large-Cap Growth ProFund | 12,593,054 | 13,922,442 | (710,887 | ) | 13,211,555 | |||||||||||
Large-Cap Value ProFund | 3,732,275 | 2,397,510 | (683,167 | ) | 1,714,343 | |||||||||||
Mid-Cap Growth ProFund | 2,791,285 | 2,110,628 | (284,067 | ) | 1,826,561 | |||||||||||
Mid-Cap ProFund | 4,447,077 | 2,197,692 | (270,155 | ) | 1,927,537 | |||||||||||
Mid-Cap Value ProFund | 6,542,598 | 2,115,443 | (563,355 | ) | 1,552,088 | |||||||||||
Nasdaq-100 ProFund | 118,293,417 | 51,770,634 | (2,391,181 | ) | 49,379,453 | |||||||||||
Oil & Gas UltraSector ProFund | 25,019,469 | 9,325,250 | (2,732,311 | ) | 6,592,939 | |||||||||||
Oil Equipment & Services UltraSector ProFund | 32,359,580 | 4,128,112 | (6,045,575 | ) | (1,917,463 | ) | ||||||||||
Pharmaceuticals UltraSector ProFund | 6,535,258 | 668,855 | (527,522 | ) | 141,333 | |||||||||||
Precious Metals UltraSector ProFund | 19,584,742 | 10,926,550 | (6,873,706 | ) | 4,052,844 | |||||||||||
Real Estate UltraSector ProFund | 140,354,489 | 7,392,870 | (1,945,248 | ) | 5,447,622 | |||||||||||
Rising Rates Opportunity ProFund | 13,937,000 | — | (431,237 | ) | (431,237 | ) | ||||||||||
Rising Rates Opportunity 10 ProFund | 2,161,000 | — | (3,417 | ) | (3,417 | ) | ||||||||||
Rising U.S. Dollar ProFund | 6,301,000 | — | — | — | ||||||||||||
Semiconductor UltraSector ProFund | 38,424,698 | 51,161,561 | (910,547 | ) | 50,251,014 | |||||||||||
Short Nasdaq-100 ProFund | 1,729,000 | — | (23,729 | ) | (23,729 | ) | ||||||||||
Short Oil & Gas ProFund | 2,656,000 | 53,753 | — | 53,753 | ||||||||||||
Short Precious Metals ProFund | 4,407,000 | 229,798 | — | 229,798 | ||||||||||||
Short Real Estate ProFund | 455,000 | 2,525 | — | 2,525 | ||||||||||||
Short Small-Cap ProFund | 662,000 | — | (38,775 | ) | (38,775 | ) | ||||||||||
Small-Cap Growth ProFund | 4,153,609 | 3,654,831 | (490,532 | ) | 3,164,299 | |||||||||||
Small-Cap ProFund | 5,185,532 | 1,454,553 | (221,895 | ) | 1,232,658 | |||||||||||
Small-Cap Value ProFund | 13,531,169 | 4,654,434 | (1,438,329 | ) | 3,216,105 | |||||||||||
Technology UltraSector ProFund | 60,622,285 | 49,981,244 | (1,010,555 | ) | 48,970,689 | |||||||||||
Telecommunications UltraSector ProFund | 755,758 | 230,321 | (105,907 | ) | 124,414 | |||||||||||
UltraChina ProFund | 22,512,625 | 5,197,839 | (7,091,847 | ) | (1,894,008 | ) | ||||||||||
UltraDow 30 ProFund | 26,299,251 | 15,157,283 | (951,053 | ) | 14,206,230 | |||||||||||
UltraEmerging Markets ProFund | 5,409,574 | 3,581,887 | (1,673,963 | ) | 1,907,924 | |||||||||||
UltraInternational ProFund | 2,557,000 | 18,897 | — | 18,897 | ||||||||||||
UltraLatin America ProFund | 14,199,608 | 3,986,863 | (6,189,724 | ) | (2,202,861 | ) | ||||||||||
UltraMid-Cap ProFund | 42,960,361 | 16,867,656 | (1,904,691 | ) | 14,962,965 |
January 31, 2022 (unaudited) :: Notes to Financial Statements :: 315
Tax Cost | Tax Unrealized Appreciation | Tax Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | |||||||||||||
UltraShort China ProFund | $ | 2,095,000 | $ | 110,560 | $ | — | $ | 110,560 | ||||||||
UltraShort Dow 30 ProFund | 2,783,000 | — | (50,535 | ) | (50,535 | ) | ||||||||||
UltraShort Emerging Markets ProFund | 976,000 | 41,489 | — | 41,489 | ||||||||||||
UltraShort International ProFund | 1,812,000 | — | (6,975 | ) | (6,975 | ) | ||||||||||
UltraShort Japan ProFund | 236,000 | — | (2,418 | ) | (2,418 | ) | ||||||||||
UltraShort Latin America ProFund | 1,364,000 | 77,321 | — | 77,321 | ||||||||||||
UltraShort Mid-Cap ProFund | 1,637,000 | — | (47,853 | ) | (47,853 | ) | ||||||||||
UltraShort Small-Cap ProFund | 3,395,000 | — | (170,047 | ) | (170,047 | ) | ||||||||||
UltraSmall-Cap ProFund | 71,583,374 | 19,975,589 | (4,737,994 | ) | 15,237,595 | |||||||||||
U.S. Government Plus ProFund | 19,161,000 | 735,651 | — | 735,651 | ||||||||||||
Utilities UltraSector ProFund | 4,938,081 | 3,828,966 | (321,473 | ) | 3,507,493 |
8. Transactions with Lehman Brothers Holdings, Inc.
On September 15, 2008, Lehman Brothers Holdings, Inc. filed a petition for Chapter 11 bankruptcy. Prior thereto, the ProFunds transacted business with subsidiaries of Lehman Brothers Holdings, Inc. (altogether, “Lehman”) whereby Lehman acted as a counterparty to certain derivative transactions. All derivatives transactions with Lehman were terminated prior to September 15, 2008, but certain settlement payments relating to such transactions were not due to be made until on or after that date. Settlement of these transactions has been delayed due to Lehman’s bankruptcy proceedings.
As of January 31, 2022, Access Flex Bear High Yield ProFund was owed $299,294 and the Rising U.S. Dollar ProFund was owed $690,025 of the original amount owed, as of September 15, 2008, of $925,069 and $2,135,323, respectively, from over-the-counter derivatives transactions with Lehman. To the extent Lehman fails to fully pay the Access Flex Bear High Yield ProFund and the Rising U.S Dollar ProFund by the conclusion of the bankruptcy in connection with the settlement of such transactions, the Advisor, an affiliate of the Trust, has entered into a Receivables Agreement dated September 15, 2008 to reimburse each ProFund for any shortfall in payments from Lehman. Specifically, the Receivables Agreement among the Advisor, ProShare Advisors LLC (an investment adviser affiliated with the Advisor) and ProFunds Trust, ProShares Trust and the Trust (collectively, the “PF Trusts”) (each affiliated and under common controls with the other PF Trusts) provides that the investment adviser to specified funds of the PF Trusts will contribute cash to any such fund, equal to the amounts owed to the fund from Lehman for brokerage transactions written over-the-counter derivatives agreements as of September 15, 2008 (the “Lehman Obligations”). The Receivable Agreement will not terminate until all Lehman Obligations are paid. Payments are triggered if any specified fund of a PF Trust, including the Access Flex Bear High Yield ProFund and the Rising U.S. Dollar ProFund, does not recover the full amounts owed to it by Lehman following the conclusion of all bankruptcy, liquidation and Securities Investor Protection Corporation proceedings related to Lehman. Accordingly, no loss is expected to be realized by either the Access Flex Bear High Yield ProFund the Rising U.S. Dollar ProFund. Lehman has made payments on the original amount owed to the Access Flex Bear High Yield ProFund and the Rising U.S. Dollar ProFund. The fair value of the amounts that are estimated to be paid by the Advisor are $299,294 and $690,025, respectively, and are included in “Due from Advisor under a Receivables Agreement” on the Statements of Assets and Liabilities. All other outstanding balances due from (or to) Lehman have been substantially relieved as of January 31, 2022.
9. Share Splits and Reverse Share Splits
Effective December 14, 2020, the Consumer Goods UltraSector ProFund, the Internet UltraSector ProFund, and the UltraNasdaq-100 ProFund underwent a 2-for-1 share split, the Oil Equipment & Services UltraSector ProFund, the UltraBear ProFund, the UltraShort Dow 30 ProFund, the UltraShort Emerging Markets ProFund, and the UltraShort International ProFund underwent a 1-for-4 reverse share split, and the UltraShort Nasdaq-100 ProFund underwent a 1-for-8 reverse share split.
Effective November 18, 2019, the Bull ProFund, the Consumer Services UltraSector ProFund, the Industrials UltraSector ProFund, the Technology UltraSector ProFund, and the UltraDow 30 ProFund underwent a 3-for-1 share split, the Oil Equipment & Services UltraSector ProFund underwent a 1-for-4 reverse share split, and the Short Nasdaq-100 ProFund underwent a 1-for-8 reverse share split.
Effective January 22, 2018, the UltraBull ProFund, the UltraMid-Cap ProFund, and the UltraNasdaq-100 ProFund underwent a 3-for-1 share split, the UltraShort China ProFund underwent a 1-for-8 reverse share split; the UltraShort Japan ProFund and the UltraShort Latin America ProFund underwent a 1-for-5 reverse share split, and the UltraShort Small-Cap ProFund underwent a 1-for-4 reverse share split.
Effective December 5, 2016, the Access Flex Bear High Yield ProFund, Bear ProFund, UltraEmerging Markets ProFund, UltraShort Nasdaq-100 ProFund, and UltraShort Emerging Markets ProFund underwent a 1-for-5 reverse share split, the UltraShort Dow 30 ProFund, Short Oil & Gas ProFund, Short Precious Metals ProFund, and Rising Rates Opportunity ProFund underwent a 1-for-8 reverse share split, and the UltraBear ProFund and UltraShort Mid-Cap ProFund underwent a 1-for-10 reverse share split.
The effect of the share split transactions was to multiply the number of outstanding shares of the ProFunds by the respective split factor, with a corresponding decrease in net asset value per share; and the effect of the reverse share split transactions was to divide the number of outstanding shares of the ProFunds by the respective reverse split factor, with a corresponding increase in the net asset value per share. These transactions did not change the net assets of these ProFunds or the value of a shareholder’s investment.
316 :: Notes to Financial Statements :: January 31, 2022 (unaudited)
The historical share transactions presented in the Statements of Changes in Net Assets and per share data presented in the Financial Highlights have been adjusted retroactively to give effect to the share splits and reverse share splits. Additionally, when the application of reverse share splits resulted in fractional shares for beneficial shareholders, a portion of the cost of shares redeemed as presented in the Statements of Changes in Net Assets, reflects payment of fractional share balances on beneficial shareholder accounts.
10. Subsequent Events
The ProFunds have evaluated the need for additional disclosures or adjustments resulting from subsequent events through the date these financial statements were issued. Based on this evaluation, there were no subsequent events to report that would have a material impact on the ProFunds’ financial statements.
January 31, 2022 (unaudited) :: Board Approval of Investment Advisory Agreement :: 317
At a meeting held on September 13-14, 2021, the Board of Trustees (the “Board”) of ProFunds (the “Trust”) considered the renewal of the Investment Advisory Agreement between ProFund Advisors LLC (the “Advisor”) and the Trust, on behalf of each of its operational series (each a “Fund” and collectively the “Funds”) (the “Advisory Agreement”). Certain Funds are designed to match, before fees and expenses, the performance of an underlying index both on a single day and over time (each a “Matching Fund” and, collectively, the “Matching Funds”). Certain other Funds are actively managed and are designed to meet a specified investment objective (each an “Active Fund” and, collectively, the “Active Funds”). Certain other Funds are “geared” funds that are designed to seek daily investment results, before fees and expenses, that correspond to the inverse (-1x), a multiple (i.e., 1.25x, 1.50x or 2x), or an inverse multiple (i.e., -1.25x or -2x) of the daily performance of an index or security (each a “Geared Fund” and, collectively, the “Geared Funds”).
The Board did not identify any particular information that was most relevant to its consideration to approve the continuation of the Advisory Agreement and each Trustee may have afforded different weight to the various factors.
The Board received a memorandum from independent legal counsel to the Independent Trustees regarding the Board’s responsibilities under state and federal law with respect to the Board’s consideration of the renewal or approval of investment advisory agreements. The Independent Trustees were advised by their independent legal counsel throughout the process, including about the legal standards applicable to their review.
In response to a request from the Independent Trustees, the Advisor provided information for the Board to consider relating to the continuation of the Advisory Agreement, including information that addressed, among other things:
(i) | the nature, extent and quality of the services that were provided or proposed to be provided by the Advisor; |
(ii) | the costs of the services to be provided and the profits realized by the Advisor; |
(iii) | the investment performance of the Funds and the Advisor; |
(iv) | the extent to which economies of scale might be realized as the Funds grow and whether fee levels reflect economies of scale, if any, for the benefit of Fund shareholders; and |
(v) | other benefits to the Advisor and/or its affiliates from the relationship to the Funds. |
It was noted that the Independent Trustees requested, and received, information from the Advisor concerning the Funds. In response to the request from the Independent Trustees, the Advisor provided information and reports relevant to the continuation of the Advisory Agreement, including, among other things:
(i) | information about the advisory services that were being provided by the Advisor with respect to the Funds; |
(ii) | the Advisor’s Form ADV; |
(iii) | biographies of the employees of the Advisor who are primarily responsible for providing investment advisory services to the Funds; |
(iv) | information regarding each component of the contractual fee rates and actual fee rates for the prior fiscal year; |
(v) | information regarding advisory fees earned versus advisory fees waived for previous periods; |
(vi) | performance information for prior periods; |
(vii) | comparative industry fee data; |
(viii) | information about fees and other amounts that were received by the Advisor and its affiliates for non-advisory services with respect to the Funds; |
(ix) | information regarding the Advisor’s trade allocation and best execution policies and procedures; |
(x) | information about the financial condition of the Advisor; |
(xi) | information regarding how the Advisor monitors each Fund’s compliance with regulatory requirements and Trust procedures; and |
(xii) | the Advisor’s reputation, expertise and resources. |
The Trustees retained the services of an independent consultant to assist in selecting a universe of peer group funds (the “Peer Group”) with similar investment strategies, as well as to help them in evaluating information with respect to certain aspects of their review, including the reasonableness of fees paid by the Funds. The Board evaluated all information available to it on a Fund-by-Fund basis, and their determinations were made separately with respect to each Fund.
In addition to the information provided and discussions that occurred at the meeting at which the Board took action regarding the renewal of the Advisory Agreement, the Board also considered information they received throughout the year as part of their regular oversight of the Funds.
Nature, Extent and Quality of the Advisor’s Services
The Board reviewed the nature, extent and quality of the investment advisory services performed by the Advisor. The Board noted there would be no significant differences between the scope of services provided by the Advisor in the past year and those to be provided in the upcoming year. The Board focused on the quality of the personnel and operations at the Advisor and the systems and processes required to manage the Funds effectively. In particular, the Board considered the following:
(i) | the investment objective of each Fund, the Advisor’s description of the skills needed to manage each Fund and the Advisor’s success in achieving the investment objectives of each Fund; |
(ii) | the unique features of the Funds, including the unique asset classes and investment strategies of certain Funds, as well as the employment of optimization/sampling techniques necessary to manage certain Funds; |
(iii) | with respect to the Geared Funds, the fact that to maintain exposure consistent with each Geared Fund’s daily investment objective, each Geared Fund needs to be rebalanced each day, an activity not typical of traditional index funds; |
(iv) | the differences in managing the non-geared Funds, including the unique asset classes and investment strategies for certain Funds, as well as the employment of optimization/sampling techniques necessary to manage certain Funds; |
318 :: Board Approval of Investment Advisory Agreement :: January 31, 2022 (unaudited)
(v) | the size and experience of the Advisor’s portfolio staff and the Advisor’s ability to recruit, train and retain personnel with relevant experience and the specific expertise necessary to manage the Funds; |
(vi) | the structure of the portfolio staff compensation program and the incentives it is intended to provide; |
(vii) | the collateral, credit and cash management functions at the Advisor and the enhancements made in these areas; |
(viii) | the Advisor’s development of investment strategies, including those involving the use of complex financial instruments and processes that maximize the Funds’ ability to meet their stated investment objectives and minimize counterparty risk; |
(ix) | a significant investment in personnel and state-of-the-art technology that the Advisor has made over the course of several years and, recently, instituting certain technological upgrades that would generally improve capacity and document production capabilities as well as technological upgrades that have continued to contribute to successful remote working conditions during the COVID-19 pandemic; and |
(x) | information regarding allocation of Fund brokerage and the selection of counterparties for Fund portfolio transactions, as well as favorable terms of derivatives transactions the Advisor was able to negotiate with swap counterparties on behalf of various Funds. |
The Board considered that the Advisor oversees the operations of the Funds and provides compliance services to the Funds. The Board also reviewed the Advisor’s compliance program, including specific activities associated with the Funds. The Board discussed the compliance program with the Funds’ Chief Compliance Officer (the “CCO”). The Board and the CCO discussed the CCO’s evaluation of the operation of the Advisor’s compliance program, and efforts with respect to the Funds, changes made to the Advisor’s compliance program since the CCO’s last annual report to the Board, and whether the CCO believed additional enhancements to the compliance program were warranted. The Board discussed compliance issues reported to the Board during the prior year and the remediation of such issues. The Board discussed key risk areas identified by the CCO and how such risks are addressed by the compliance program.
Based upon its review, the Board, including all of the Independent Trustees, concluded with respect to each Fund that (i) the investment advisory services provided by the Advisor with respect to the Fund were of high quality, (ii) the Advisor achieved the investment goals of the Fund, (iii) the Advisor’s services benefited the Fund’s shareholders, particularly in light of the nature of the Fund and the services required to support each such Fund, and (iv) they were generally satisfied with the nature, quality and extent of services provided to the Fund by the Advisor.
Comparison of Services and Fees
The Advisor presented information about the fairness and reasonableness of the investment advisory fees payable to the Advisor in light of the investment advisory services provided, the costs of these services and the comparability to the fees paid by other investment companies, including mutual funds offering strategies similar in nature and extent to the Funds. The Board discussed the methodology used to prepare the comparative fee data for each Fund and the potential limitations of such data. The Board discussed the difficulty in compiling the comparative data and Peer Group information because, by design, many of the Funds are unique and few, if any, fund complexes with funds offering substantially similar investment objectives and strategies exist. The Board considered the Advisor’s representation that it found the Peer Group compiled by the independent consultant to be appropriate but acknowledged the existence of certain differences between the Funds and their peers. The Board noted that the methodology used to compile the Peer Group and comparative data was identical to that used in prior years. Notwithstanding the challenge associated with Peer Group and data compilation, the Board found the comparative information it received to be useful in its evaluation of the reasonableness of the Advisor’s fee. The Advisor presented information about the significant drivers of cost and also examined the costs to investors to achieve the objectives of the Funds on their own and noted that it would be more expensive or impractical to do so.
The Board reviewed information prepared by the independent consultant, comparing management and expense information for each Fund to that of its Peer Group. The Board reviewed Peer Group information prepared by the consultant comparing the contractual advisory fee rate to be paid by the Funds to other funds with investment objectives most similar to the Funds. The Board also considered the fee waiver and/or expense reimbursement arrangements currently in place for each Fund and considered the net advisory fees paid by the Funds after taking waivers and reimbursements into account.
The Board considered and discussed the sub-advisory fees charged and the services provided by the Advisor to the one mutual fund it serves as sub-adviser. The Board recognized that the scope of services provided by the Advisor to the mutual fund is narrower than the services provided to the Funds for several reasons, including that the Advisor performs only services delegated to it by the investment adviser to the mutual fund and does not provide other services like daily cash management, collateral management and counterparty management. The Board noted that for these reasons it is difficult to make comparisons of fees charged to the sub-advised mutual fund and the Funds.
The Board also recognized that it is difficult to make comparisons of fees across fund complexes because there may be variations in services that are included in the fees paid by other mutual funds.
The Board, including all of the Independent Trustees, concluded that, with respect to the Funds, the investment advisory fees and any other compensation payable to the Advisor were reasonable in relation to the nature and quality of the services provided and that the continuation of the Advisory Agreement was in the best interests of the shareholders of the Funds.
Investment Performance of the Funds and the Advisor
The Board considered total return information for each Fund and focused on the correlation of returns to benchmark information for each Geared Fund for the 3-month, 1-year, 5-year, 10-year and since inception periods ended June 30, 2021, as applicable. The Board also considered performance information provided at
January 31, 2022 (unaudited) :: Board Approval of Investment Advisory Agreement :: 319
regular Board meetings throughout the year. The Board noted that correlation of returns for each Geared Fund remained strong during the applicable periods and that Geared Fund performance versus target performance was generally within expected ranges. The Board further noted that Matching Fund performance versus benchmark index performance was also generally within expected ranges during the applicable periods. The Board noted that, given the nature of the Funds that are Matching Funds or Geared Funds, the correlation of such Fund’s performance with the performance of its underlying benchmark (or a relevant inverse or multiple thereof) was a more meaningful factor than the Fund’s total return.
In regard to the Active Funds, the Board considered that, for each of the one-year, three-year, five-year and ten-year periods ended June 30, 2021, the Access Flex Bear High Yield ProFund underperformed its Peer Group and benchmark index. In regard to the Access Flex High Yield ProFund, the Board considered that for each of the one-year, three-year, five-year and ten-year periods ended June 30, 2021, the Fund underperformed its Peer Group and benchmark index.
After reviewing the performance of the Funds, the Board, including the Independent Trustees, concluded, in light of the foregoing factors, that the performance of the Funds was satisfactory.
Profitability
The Board considered and discussed with representatives of the Advisor the significant drivers of cost incurred by or expected to be incurred by the Advisor in managing the Funds, including, but not limited to, intellectual capital, regulatory compliance, daily portfolio rebalancing of the Geared Funds, and entrepreneurial risk, and considered the costs that investors likely would incur if they independently sought to achieve the objectives of the Funds. The Board considered and discussed with representatives of the Advisor the profitability to the Advisor of its management of each of the Funds. The Board also discussed the Advisor’s profit margin, including the expense allocation methodology used in the Advisor’s profitability analysis. It was noted that the methodology for determining profitability was conducted in a similar fashion as the prior year.
The Independent Trustees met in executive session to discuss and evaluate the information provided by the Advisor and the independent consultant, as well as of the information provided by a separate independent consultant retained to review profitability. Among other things, the Independent Trustees reviewed information regarding the financial condition and profitability of the Advisor, including the methodologies involved in calculating profitability.
Based on its review, the Board, including all of the Independent Trustees, concluded that the profitability to the Advisor of the Advisory Agreement was reasonable in light of the services and benefits provided to each Fund.
Economies of Scale
The Board discussed with representatives of the Advisor potential economies of scale in connection with the management and operation of each Fund as well as the effect of the contractual expense limitations undertaken by the Advisor. The Board considered that each Fund covered by the Advisory Agreement pays the Advisor an annual investment advisory fee of 0.75% of average daily net assets (other than the ProFund Ultra Japan Fund and the ProFund Ultra Short Japan Fund, each of which pay 0.90%, the ProFund Nasdaq-100 which pays 0.70%, and the ProFund V.P. U.S. Government Plus, which pays 0.50%).
The Board considered that, subject to the condition that the aggregate daily net assets of the Trust be equal to or greater than $10 billion, the Advisor has agreed to reduce each Fund’s annual investment advisory fee by 0.025% on assets in excess of $500 million up to $1 billion, 0.05% on assets in excess of $1 billion up to $2 billion and 0.075% on assets in excess of $2 billion. The Board considered that for the periods presented, none of the Funds were subject to advisory fee reductions as a result of breakpoint fee reductions.
The Board indicated to the Advisor that it will continue to consider and evaluate on an ongoing basis potential economies of scale and how Fund shareholders might benefit from those economies of scale.
Other Benefits
The Board also considered the Advisor’s non-advisory services, including those performed under a separate Management Services Agreement. The Board considered the fact that the Geared Funds’ shareholders, and the shareholders of certain Matching Funds, tend to be active traders, which adds a level of complexity to the management of those Funds as the Advisor needs to account for significant flows in and out of the Funds. The Board also considered any indirect, or “fall-out,” benefits that the Advisor or its affiliates derived from their relationship to the Funds but concluded that such benefits were relatively insignificant.
The Board considered that ProFund Distributors, Inc., a wholly-owned subsidiary of the Advisor, earns fees from the Funds for providing services under a Distribution and Shareholder Services Plan.
Conclusions
Based on, but not limited to, the above considerations and determinations, the Board, including all of the Independent Trustees, determined that the Agreement for the Funds is fair and reasonable in light of the nature, extent and quality of the services to be performed, the fee rates to be paid, the Advisor’s expenses and such other matters as the Board considered relevant in the exercise of its business judgement. Accordingly, the Board concluded that the continuation of the Advisory Agreement was in the best interests of the shareholders of the Funds. On this basis, the Board unanimously voted in favor of the renewal of the Advisory Agreement.
320 :: Liquidity Risk Management Program :: January 31, 2022 (unaudited)
ProFunds (the “Trust”) has implemented a liquidity risk management program (“Liquidity Program”) to identify illiquid investments pursuant to Rule 22e-4 of the Investment Company Act of 1940, as amended. The Board of Trustees of the Trust (“the Board”) has approved the designation of ProFund Advisors LLC (the “Program Administrator”) to administer the Trust’s Liquidity Program, subject to the oversight of the Board.
On September 13-14, 2021, during a meeting of the Board, the Chief Compliance Officer of the Trust provided to the Board the annual report on the Trust’s Liquidity Program (the “Annual Liquidity Report”). The Annual Liquidity Report, which covered the period from July 1, 2020 through June 30, 2021, addressed the operation of the Trust’s Liquidity Program and assessed the adequacy and effectiveness of the Liquidity Program’s implementation. The Annual Liquidity Report affirmed that the Program Administrator believes that: (1) the Liquidity Program continues to be reasonably designed to effectively assess and manage each Fund’s liquidity risk; (2) each Fund’s liquidity risk continues to be appropriate in light of the Fund’s investment objective and strategies and each Fund’s investment strategies continue to be appropriate for an open-end management investment company; and (3) the Liquidity Program has been adequately and effectively implemented with respect to each Fund during the reporting period. The Annual Liquidity Report also affirmed that there have been no material changes to the Liquidity Program since its initial approval and that no material changes were being recommended at that time.
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P.O. Box 182800
Columbus, OH 43218-2800
ProFunds®
Post Office Mailing Address for Investments
P.O. Box 182800
Columbus, OH 43218-2800
Phone Numbers
For Individual Investors Only: 888-776-3637 Or: 614-470-8122
Institutions and Financial Professionals Only: 888-776-5717 Or: 240-497-6552
Fax Number: (800) 782-4797
Website Address: ProFunds.com
This report is submitted for the general information of the shareholders of the ProFunds. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus. To receive the most recent month end performance information for each Fund, please call toll-free 888-776-5717.
A description of the policies and procedures that the ProFunds uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling toll-free 888-776-3637; and on the Securities and Exchange Commission’s website at sec.gov. Information regarding how the ProFund voted proxies relating to portfolio securities during the most recent 12-month period ended June 30 is available. (i) without change by calling toll-free 888-776-3637; (ii) on the ProFunds’ website at ProFunds.com; and (iii) on the Commission’s website at sec.gov.
ProFunds files complete lists of portfolio holdings with the Commission for the first and third quarters of each fiscal year on Form N-PORT (and successor Forms). Schedules of Portfolio Holding for the Funds in this report are available without charge on the Commission’s website at sec.gov, or may be reviewed and copied at the Commission’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling 800-SEC-0330.
01/22
Item 2. Code of Ethics.
Not applicable – only for annual reports.
Item 3. Audit Committee Financial Expert.
Not applicable – only for annual reports.
Item 4. Principal Accountant Fees and Services.
Not applicable – only for annual reports.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Schedule of Investments.
(a)
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (77.6%)
Shares | Value | |||||||
3M Co. (Industrial Conglomerates) | 582 | $ | 96,624 | |||||
A.O. Smith Corp. (Building Products) | 134 | 10,240 | ||||||
Abbott Laboratories (Health Care Equipment & Supplies) | 1,785 | 227,517 | ||||||
AbbVie, Inc. (Biotechnology) | 1,784 | 244,212 | ||||||
ABIOMED, Inc.* (Health Care Equipment & Supplies) | 46 | 13,610 | ||||||
Accenture PLC - Class A (IT Services) | 637 | 225,230 | ||||||
Activision Blizzard, Inc. (Entertainment) | 786 | 62,102 | ||||||
Adobe, Inc.* (Software) | 480 | 256,464 | ||||||
Advance Auto Parts, Inc. (Specialty Retail) | 64 | 14,817 | ||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 1,219 | 139,271 | ||||||
Aflac, Inc. (Insurance) | 614 | 38,571 | ||||||
Agilent Technologies, Inc. (Life Sciences Tools & Services) | 306 | 42,632 | ||||||
Air Products & Chemicals, Inc. (Chemicals) | 223 | 62,913 | ||||||
Akamai Technologies, Inc.* (IT Services) | 164 | 18,786 | ||||||
Alaska Air Group, Inc.* (Airlines) | 126 | 6,897 | ||||||
Albemarle Corp. (Chemicals) | 118 | 26,047 | ||||||
Alexandria Real Estate Equities, Inc. (Equity Real Estate Investment Trusts) | 142 | 27,667 | ||||||
Align Technology, Inc.* (Health Care Equipment & Supplies) | 74 | 36,627 | ||||||
Allegion PLC (Building Products) | 91 | 11,168 | ||||||
Alliant Energy Corp. (Electric Utilities) | 253 | 15,145 | ||||||
Alphabet, Inc.* - Class A (Interactive Media & Services) | 304 | 822,645 | ||||||
Alphabet, Inc.* - Class C (Interactive Media & Services) | 282 | 765,340 | ||||||
Altria Group, Inc. (Tobacco) | 1,854 | 94,332 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 440 | 1,316,247 | ||||||
Amcor PLC (Containers & Packaging) | 1,547 | 18,579 | ||||||
Ameren Corp. (Multi-Utilities) | 260 | 23,072 | ||||||
American Airlines Group, Inc.* (Airlines) | 654 | 10,771 | ||||||
American Electric Power Co., Inc. (Electric Utilities) | 508 | 45,923 | ||||||
American Express Co. (Consumer Finance) | 633 | 113,826 | ||||||
American International Group, Inc. (Insurance) | 838 | 48,395 | ||||||
American Tower Corp. (Equity Real Estate Investment Trusts) | 460 | 115,690 | ||||||
American Water Works Co., Inc. (Water Utilities) | 183 | 29,426 | ||||||
Ameriprise Financial, Inc. (Capital Markets) | 113 | 34,387 | ||||||
AmerisourceBergen Corp. (Health Care Providers & Services) | 151 | 20,566 | ||||||
AMETEK, Inc. (Electrical Equipment) | 233 | 31,867 | ||||||
Amgen, Inc. (Biotechnology) | 569 | 129,243 | ||||||
Amphenol Corp. - Class A (Electronic Equipment, Instruments & Components) | 604 | 48,073 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 542 | 88,872 | ||||||
ANSYS, Inc.* (Software) | 88 | 29,921 | ||||||
Anthem, Inc. (Health Care Providers & Services) | 245 | 108,043 | ||||||
Aon PLC (Insurance) | 222 | 61,370 | ||||||
APA Corp. (Oil, Gas & Consumable Fuels) | 367 | 12,188 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 15,729 | 2,749,115 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 911 | 125,882 | ||||||
Aptiv PLC* (Auto Components) | 273 | 37,286 | ||||||
Archer-Daniels-Midland Co. (Food Products) | 565 | 42,376 | ||||||
Arista Networks, Inc.* (Communications Equipment) | 226 | 28,094 | ||||||
Arthur J. Gallagher & Co. (Insurance) | 209 | 33,009 | ||||||
Assurant, Inc. (Insurance) | 58 | 8,846 | ||||||
AT&T, Inc. (Diversified Telecommunication Services) | 7,207 | 183,779 | ||||||
Atmos Energy Corp. (Gas Utilities) | 134 | 14,367 | ||||||
Autodesk, Inc.* (Software) | 222 | 55,453 | ||||||
Automatic Data Processing, Inc. (IT Services) | 425 | 87,622 | ||||||
AutoZone, Inc.* (Specialty Retail) | 21 | 41,713 | ||||||
AvalonBay Communities, Inc. (Equity Real Estate Investment Trusts) | 141 | 34,436 | ||||||
Avery Dennison Corp. (Containers & Packaging) | 84 | 17,255 | ||||||
Baker Hughes Co. - Class A (Energy Equipment & Services) | 882 | 24,202 | ||||||
Ball Corp. (Containers & Packaging) | 327 | 31,753 | ||||||
Bank of America Corp. (Banks) | 7,269 | 335,392 | ||||||
Bath & Body Works, Inc. (Specialty Retail) | 267 | 14,971 | ||||||
Baxter International, Inc. (Health Care Equipment & Supplies) | 505 | 43,147 | ||||||
Becton, Dickinson & Co. (Health Care Equipment & Supplies) | 290 | 73,701 | ||||||
Berkshire Hathaway, Inc.* - Class B (Diversified Financial Services) | 1,848 | 578,461 | ||||||
Best Buy Co., Inc. (Specialty Retail) | 223 | 22,139 | ||||||
Biogen, Inc.* (Biotechnology) | 148 | 33,448 | ||||||
Bio-Rad Laboratories, Inc.* - Class A (Life Sciences Tools & Services) | 22 | 13,194 | ||||||
Bio-Techne Corp. (Life Sciences Tools & Services) | 40 | 15,056 | ||||||
BlackRock, Inc. - Class A (Capital Markets) | 144 | 118,503 | ||||||
Booking Holdings, Inc.* (Hotels, Restaurants & Leisure) | 41 | 100,701 | ||||||
BorgWarner, Inc. (Auto Components) | 242 | 10,612 | ||||||
Boston Properties, Inc. (Equity Real Estate Investment Trusts) | 143 | 16,027 | ||||||
Boston Scientific Corp.* (Health Care Equipment & Supplies) | 1,438 | 61,690 | ||||||
Bristol-Myers Squibb Co. (Pharmaceuticals) | 2,240 | 145,354 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 415 | 243,139 | ||||||
Broadridge Financial Solutions, Inc. (IT Services) | 118 | 18,788 | ||||||
Brown & Brown, Inc. (Insurance) | 237 | 15,708 | ||||||
Brown-Forman Corp. - Class B (Beverages) | 184 | 12,407 | ||||||
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 131 | 13,709 | ||||||
Cadence Design Systems, Inc.* (Software) | 280 | 42,599 | ||||||
Caesars Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 216 | 16,446 | ||||||
Campbell Soup Co. (Food Products) | 204 | 9,000 | ||||||
Capital One Financial Corp. (Consumer Finance) | 430 | 63,094 | ||||||
Cardinal Health, Inc. (Health Care Providers & Services) | 284 | 14,646 | ||||||
CarMax, Inc.* (Specialty Retail) | 164 | 18,232 | ||||||
Carnival Corp.* - Class A (Hotels, Restaurants & Leisure) | 812 | 16,086 | ||||||
Carrier Global Corp. (Building Products) | 875 | 41,720 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Catalent, Inc.* (Pharmaceuticals) | 173 | $ | 17,980 | |||||
Caterpillar, Inc. (Machinery) | 546 | 110,053 | ||||||
Cboe Global Markets, Inc. (Capital Markets) | 108 | 12,801 | ||||||
CBRE Group, Inc.* - Class A (Real Estate Management & Development) | 338 | 34,253 | ||||||
CDW Corp. (Electronic Equipment, Instruments & Components) | 137 | 25,900 | ||||||
Celanese Corp. (Chemicals) | 110 | 17,128 | ||||||
Centene Corp.* (Health Care Providers & Services) | 589 | 45,801 | ||||||
CenterPoint Energy, Inc. (Multi-Utilities) | 635 | 18,009 | ||||||
Ceridian HCM Holding, Inc.* (Software) | 137 | 10,387 | ||||||
Cerner Corp. (Health Care Technology) | 297 | 27,086 | ||||||
CF Industries Holdings, Inc. (Chemicals) | 216 | 14,876 | ||||||
Charles River Laboratories International, Inc.* (Life Sciences Tools & Services) | 51 | 16,818 | ||||||
Charter Communications, Inc.* - Class A (Media) | 125 | 74,168 | ||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 1,946 | 255,568 | ||||||
Chipotle Mexican Grill, Inc.* (Hotels, Restaurants & Leisure) | 28 | 41,596 | ||||||
Chubb, Ltd. (Insurance) | 435 | 85,818 | ||||||
Church & Dwight Co., Inc. (Household Products) | 246 | 25,252 | ||||||
Cigna Corp. (Health Care Providers & Services) | 334 | 76,974 | ||||||
Cincinnati Financial Corp. (Insurance) | 151 | 17,792 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 89 | 34,846 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 4,257 | 236,987 | ||||||
Citigroup, Inc. (Banks) | 2,003 | 130,435 | ||||||
Citizens Financial Group, Inc. (Banks) | 430 | 22,132 | ||||||
Citrix Systems, Inc. (Software) | 126 | 12,844 | ||||||
CME Group, Inc. (Capital Markets) | 363 | 83,309 | ||||||
CMS Energy Corp. (Multi-Utilities) | 292 | 18,799 | ||||||
Cognizant Technology Solutions Corp. - Class A (IT Services) | 530 | 45,273 | ||||||
Colgate-Palmolive Co. (Household Products) | 851 | 70,165 | ||||||
Comcast Corp. - Class A (Media) | 4,602 | 230,054 | ||||||
Comerica, Inc. (Banks) | 132 | 12,247 | ||||||
Conagra Brands, Inc. (Food Products) | 484 | 16,824 | ||||||
ConocoPhillips (Oil, Gas & Consumable Fuels) | 1,331 | 117,953 | ||||||
Consolidated Edison, Inc. (Multi-Utilities) | 357 | 30,863 | ||||||
Constellation Brands, Inc. - Class A (Beverages) | 166 | 39,467 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 215 | 27,789 | ||||||
Corning, Inc. (Electronic Equipment, Instruments & Components) | 775 | 32,581 | ||||||
Corteva, Inc. (Chemicals) | 736 | 35,387 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 446 | 225,288 | ||||||
Coterra Energy, Inc. (Oil, Gas & Consumable Fuels) | 821 | 17,980 | ||||||
Crown Castle International Corp. (Equity Real Estate Investment Trusts) | 436 | 79,574 | ||||||
CSX Corp. (Road & Rail) | 2,239 | 76,619 | ||||||
Cummins, Inc. (Machinery) | 144 | 31,807 | ||||||
CVS Health Corp. (Health Care Providers & Services) | 1,332 | 141,871 | ||||||
D.R. Horton, Inc. (Household Durables) | 329 | 29,353 | ||||||
Danaher Corp. (Health Care Equipment & Supplies) | 642 | 183,477 | ||||||
Darden Restaurants, Inc. (Hotels, Restaurants & Leisure) | 131 | 18,323 | ||||||
DaVita, Inc.* (Health Care Providers & Services) | 66 | 7,152 | ||||||
Deere & Co. (Machinery) | 285 | 107,274 | ||||||
Delta Air Lines, Inc.* (Airlines) | 646 | 25,640 | ||||||
DENTSPLY SIRONA, Inc. (Health Care Equipment & Supplies) | 221 | 11,806 | ||||||
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 635 | 32,112 | ||||||
DexCom, Inc.* (Health Care Equipment & Supplies) | 98 | 42,187 | ||||||
Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 172 | 21,700 | ||||||
Digital Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 286 | 42,680 | ||||||
Discover Financial Services (Consumer Finance) | 296 | 34,262 | ||||||
Discovery, Inc.*(a) (Media) | 171 | 4,773 | ||||||
Discovery, Inc.*(a) - Class C (Media) | 307 | 8,396 | ||||||
DISH Network Corp.* - Class A (Media) | 252 | 7,913 | ||||||
Dollar General Corp. (Multiline Retail) | 235 | 48,993 | ||||||
Dollar Tree, Inc.* (Multiline Retail) | 227 | 29,787 | ||||||
Dominion Energy, Inc. (Multi-Utilities) | 817 | 65,899 | ||||||
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 37 | 16,822 | ||||||
Dover Corp. (Machinery) | 145 | 24,637 | ||||||
Dow, Inc. (Chemicals) | 746 | 44,559 | ||||||
DTE Energy Co. (Multi-Utilities) | 196 | 23,604 | ||||||
Duke Energy Corp. (Electric Utilities) | 776 | 81,527 | ||||||
Duke Realty Corp. (Equity Real Estate Investment Trusts) | 384 | 22,188 | ||||||
DuPont de Nemours, Inc. (Chemicals) | 523 | 40,062 | ||||||
DXC Technology Co.* (IT Services) | 255 | 7,670 | ||||||
Eastman Chemical Co. (Chemicals) | 136 | 16,174 | ||||||
Eaton Corp. PLC (Electrical Equipment) | 402 | 63,689 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 632 | 37,964 | ||||||
Ecolab, Inc. (Chemicals) | 252 | 47,741 | ||||||
Edison International (Electric Utilities) | 383 | 24,049 | ||||||
Edwards Lifesciences Corp.* (Health Care Equipment & Supplies) | 630 | 68,796 | ||||||
Electronic Arts, Inc. (Entertainment) | 285 | 37,808 | ||||||
Eli Lilly & Co. (Pharmaceuticals) | 801 | 196,557 | ||||||
Emerson Electric Co. (Electrical Equipment) | 603 | 55,446 | ||||||
Enphase Energy, Inc.* (Semiconductors & Semiconductor Equipment) | 136 | 19,104 | ||||||
Entergy Corp. (Electric Utilities) | 203 | 22,689 | ||||||
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 591 | 65,885 | ||||||
EPAM Systems, Inc.* (IT Services) | 57 | 27,140 | ||||||
Equifax, Inc. (Professional Services) | 123 | 29,490 | ||||||
Equinix, Inc. (Equity Real Estate Investment Trusts) | 91 | 65,966 | ||||||
Equity Residential (Equity Real Estate Investment Trusts) | 344 | 30,523 | ||||||
Essex Property Trust, Inc. (Equity Real Estate Investment Trusts) | 66 | 21,945 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Etsy, Inc.* (Internet & Direct Marketing Retail) | 128 | $ | 20,106 | |||||
Everest Re Group, Ltd. (Insurance) | 40 | 11,336 | ||||||
Evergy, Inc. (Electric Utilities) | 231 | 15,006 | ||||||
Eversource Energy (Electric Utilities) | 347 | 31,053 | ||||||
Exelon Corp. (Electric Utilities) | 987 | 57,197 | ||||||
Expedia Group, Inc.* (Hotels, Restaurants & Leisure) | 147 | 26,944 | ||||||
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 171 | 19,576 | ||||||
Extra Space Storage, Inc. (Equity Real Estate Investment Trusts) | 135 | 26,756 | ||||||
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 4,272 | 324,501 | ||||||
F5, Inc.* (Communications Equipment) | 61 | 12,665 | ||||||
FactSet Research Systems, Inc. (Capital Markets) | 38 | 16,032 | ||||||
Fastenal Co. (Trading Companies & Distributors) | 580 | 32,874 | ||||||
Federal Realty Investment Trust (Equity Real Estate Investment) | 71 | 9,052 | ||||||
FedEx Corp. (Air Freight & Logistics) | 247 | 60,727 | ||||||
Fidelity National Information Services, Inc. (IT Services) | 614 | 73,631 | ||||||
Fifth Third Bancorp (Banks) | 690 | 30,795 | ||||||
First Horizon Corp. (Banks) | – | † | 6 | |||||
First Republic Bank (Banks) | 181 | 31,420 | ||||||
FirstEnergy Corp. (Electric Utilities) | 549 | 23,036 | ||||||
Fiserv, Inc.* (IT Services) | 600 | 63,420 | ||||||
FleetCor Technologies, Inc.* (IT Services) | 82 | 19,537 | ||||||
FMC Corp. (Chemicals) | 128 | 14,127 | ||||||
Ford Motor Co. (Automobiles) | 3,962 | 80,429 | ||||||
Fortinet, Inc.* (Software) | 137 | 40,722 | ||||||
Fortive Corp. (Machinery) | 362 | 25,535 | ||||||
Fortune Brands Home & Security, Inc. (Building Products) | 137 | 12,901 | ||||||
Fox Corp. - Class A (Media) | 323 | 13,117 | ||||||
Fox Corp. - Class B (Media) | 148 | 5,503 | ||||||
Franklin Resources, Inc. (Capital Markets) | 284 | 9,079 | ||||||
Freeport-McMoRan, Inc. (Metals & Mining) | 1,482 | 55,160 | ||||||
Garmin, Ltd. (Household Durables) | 153 | 19,036 | ||||||
Gartner, Inc.* (IT Services) | 83 | 24,393 | ||||||
Generac Holdings, Inc.* (Electrical Equipment) | 64 | 18,072 | ||||||
General Dynamics Corp. (Aerospace & Defense) | 234 | 49,631 | ||||||
General Electric Co. (Industrial Conglomerates) | 1,108 | 104,684 | ||||||
General Mills, Inc. (Food Products) | 611 | 41,963 | ||||||
General Motors Co.* (Automobiles) | 1,466 | 77,302 | ||||||
Genuine Parts Co. (Distributors) | 144 | 19,185 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 1,266 | 86,949 | ||||||
Global Payments, Inc. (IT Services) | 293 | 43,915 | ||||||
Globe Life, Inc. (Insurance) | 94 | 9,616 | ||||||
Halliburton Co. (Energy Equipment & Services) | 903 | 27,758 | ||||||
Hartford Financial Services Group, Inc. (Insurance) | 344 | 24,723 | ||||||
Hasbro, Inc. (Leisure Products) | 131 | 12,115 | ||||||
HCA Healthcare, Inc. (Health Care Providers & Services) | 242 | 58,092 | ||||||
Healthpeak Properties, Inc. (Equity Real Estate Investment Trusts) | 544 | 19,241 | ||||||
Henry Schein, Inc.* (Health Care Providers & Services) | 140 | 10,542 | ||||||
Hess Corp. (Oil, Gas & Consumable Fuels) | 278 | 25,657 | ||||||
Hewlett Packard Enterprises Co. (Technology Hardware, Storage & Peripherals) | 1,320 | 21,556 | ||||||
Hilton Worldwide Holdings, Inc.* (Hotels, Restaurants & Leisure) | 281 | 40,776 | ||||||
Hologic, Inc.* (Health Care Equipment & Supplies) | 256 | 17,981 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 695 | 142,113 | ||||||
Hormel Foods Corp. (Food Products) | 285 | 13,529 | ||||||
Host Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 721 | 12,502 | ||||||
Howmet Aerospace, Inc. (Aerospace & Defense) | 388 | 12,063 | ||||||
HP, Inc. (Technology Hardware, Storage & Peripherals) | 1,163 | 42,717 | ||||||
Humana, Inc. (Health Care Providers & Services) | 130 | 51,025 | ||||||
Huntington Bancshares, Inc. (Banks) | 1,460 | 21,988 | ||||||
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 40 | 7,488 | ||||||
IDEX Corp. (Machinery) | 77 | 16,589 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 86 | 43,628 | ||||||
IHS Markit, Ltd. (Professional Services) | 403 | 47,067 | ||||||
Illinois Tool Works, Inc. (Machinery) | 288 | 67,369 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 158 | 55,114 | ||||||
Incyte Corp.* (Biotechnology) | 189 | 14,048 | ||||||
Ingersoll Rand, Inc. (Machinery) | 411 | 23,102 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 4,105 | 200,405 | ||||||
Intercontinental Exchange, Inc. (Capital Markets) | 569 | 72,070 | ||||||
International Business Machines Corp. (IT Services) | 905 | 120,881 | ||||||
International Flavors & Fragrances, Inc. (Chemicals) | 257 | 33,903 | ||||||
International Paper Co. (Containers & Packaging) | 391 | 18,866 | ||||||
Intuit, Inc. (Software) | 286 | 158,796 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 360 | 102,305 | ||||||
Invesco, Ltd. (Capital Markets) | 344 | 7,795 | ||||||
IPG Photonics Corp.* (Electronic Equipment, Instruments & Components) | 36 | 5,561 | ||||||
IQVIA Holdings, Inc.* (Life Sciences Tools & Services) | 193 | 47,266 | ||||||
Iron Mountain, Inc. (Equity Real Estate Investment Trusts) | 292 | 13,409 | ||||||
J.B. Hunt Transport Services, Inc. (Road & Rail) | 85 | 16,366 | ||||||
Jack Henry & Associates, Inc. (IT Services) | 75 | 12,586 | ||||||
Jacobs Engineering Group, Inc. (Professional Services) | 132 | 17,184 | ||||||
Johnson & Johnson (Pharmaceuticals) | 2,657 | 457,774 | ||||||
Johnson Controls International PLC (Building Products) | 715 | 51,960 | ||||||
JPMorgan Chase & Co. (Banks) | 2,982 | 443,125 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Juniper Networks, Inc. (Communications Equipment) | 328 | $ | 11,421 | |||||
Kellogg Co. (Food Products) | 258 | 16,254 | ||||||
KeyCorp (Banks) | 940 | 23,556 | ||||||
Keysight Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 186 | 31,401 | ||||||
Kimberly-Clark Corp. (Household Products) | 340 | 46,801 | ||||||
Kimco Realty Corp. (Equity Real Estate Investment Trusts) | 622 | 15,090 | ||||||
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 1,968 | 34,164 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 153 | 59,558 | ||||||
L3Harris Technologies, Inc. (Aerospace & Defense) | 198 | 41,439 | ||||||
Laboratory Corp. of America Holdings* (Health Care Providers & Services) | 97 | 26,322 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 142 | 83,769 | ||||||
Lamb Weston Holding, Inc. (Food Products) | 147 | 9,439 | ||||||
Las Vegas Sands Corp.* (Hotels, Restaurants & Leisure) | 347 | 15,199 | ||||||
Leidos Holdings, Inc. (Professional Services) | 142 | 12,702 | ||||||
Lennar Corp. - Class A (Household Durables) | 274 | 26,334 | ||||||
Lincoln National Corp. (Insurance) | 171 | 11,967 | ||||||
Linde PLC (Chemicals) | 517 | 164,759 | ||||||
Live Nation Entertainment, Inc.* (Entertainment) | 136 | 14,893 | ||||||
LKQ Corp. (Distributors) | 271 | 14,875 | ||||||
Lockheed Martin Corp. (Aerospace & Defense) | 248 | 96,504 | ||||||
Loews Corp. (Insurance) | 202 | 12,051 | ||||||
Lowe's Cos., Inc. (Specialty Retail) | 699 | 165,908 | ||||||
Lumen Technologies, Inc. (Diversified Telecommunication Services) | 930 | 11,495 | ||||||
LyondellBasell Industries N.V. - Class A (Chemicals) | 265 | 25,633 | ||||||
M&T Bank Corp. (Banks) | 130 | 22,019 | ||||||
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 786 | 15,303 | ||||||
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 621 | 44,557 | ||||||
MarketAxess Holdings, Inc. (Capital Markets) | 38 | 13,090 | ||||||
Marriott International, Inc.* - Class A (Hotels, Restaurants & Leisure) | 277 | 44,567 | ||||||
Marsh & McLennan Cos., Inc. (Insurance) | 510 | 78,356 | ||||||
Martin Marietta Materials, Inc. (Construction Materials) | 63 | 24,515 | ||||||
Masco Corp. (Building Products) | 246 | 15,579 | ||||||
Mastercard, Inc. - Class A (IT Services) | 876 | 338,469 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 286 | 32,232 | ||||||
McCormick & Co., Inc. (Food Products) | 252 | 25,278 | ||||||
McDonald's Corp. (Hotels, Restaurants & Leisure) | 754 | 195,625 | ||||||
McKesson Corp. (Health Care Providers & Services) | 154 | 39,535 | ||||||
Medtronic PLC (Health Care Equipment & Supplies) | 1,358 | 140,539 | ||||||
Merck & Co., Inc. (Pharmaceuticals) | 2,549 | 207,693 | ||||||
Meta Platforms, Inc.* - Class A (Interactive Media & Services) | 2,389 | 748,378 | ||||||
MetLife, Inc. (Insurance) | 722 | 48,417 | ||||||
Mettler-Toledo International, Inc.* (Life Sciences Tools & Services) | 23 | 33,872 | ||||||
MGM Resorts International (Hotels, Restaurants & Leisure) | 393 | 16,789 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 560 | 43,389 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 1,129 | 92,883 | ||||||
Microsoft Corp. (Software) | 7,577 | 2,356,295 | ||||||
Mid-America Apartment Communities, Inc. (Equity Real Estate Investment Trusts) | 116 | 23,975 | ||||||
Moderna, Inc.* (Biotechnology) | 356 | 60,281 | ||||||
Mohawk Industries, Inc.* (Household Durables) | 55 | 8,683 | ||||||
Molson Coors Beverage Co. - Class B (Beverages) | 190 | 9,055 | ||||||
Mondelez International, Inc. - Class A (Food Products) | 1,408 | 94,379 | ||||||
Monolithic Power Systems, Inc. (Semiconductors & Semiconductor Equipment) | 44 | 17,729 | ||||||
Monster Beverage Corp.* (Beverages) | 379 | 32,867 | ||||||
Moody's Corp. (Capital Markets) | 163 | 55,909 | ||||||
Morgan Stanley (Capital Markets) | 1,450 | 148,683 | ||||||
Motorola Solutions, Inc. (Communications Equipment) | 170 | 39,430 | ||||||
MSCI, Inc. - Class A (Capital Markets) | 83 | 44,498 | ||||||
Nasdaq, Inc. (Capital Markets) | 118 | 21,147 | ||||||
NetApp, Inc. (Technology Hardware, Storage & Peripherals) | 226 | 19,551 | ||||||
Netflix, Inc.* (Entertainment) | 447 | 190,932 | ||||||
Newell Brands, Inc. (Household Durables) | 382 | 8,866 | ||||||
Newmont Corp. (Metals & Mining) | 805 | 49,242 | ||||||
News Corp. - Class A (Media) | 397 | 8,829 | ||||||
News Corp. - Class B (Media) | 123 | 2,736 | ||||||
NextEra Energy, Inc. (Electric Utilities) | 1,980 | 154,677 | ||||||
Nielsen Holdings PLC (Professional Services) | 362 | 6,827 | ||||||
NIKE, Inc. - Class B (Textiles, Apparel & Luxury Goods) | 1,290 | 191,010 | ||||||
NiSource, Inc. (Multi-Utilities) | 396 | 11,555 | ||||||
Norfolk Southern Corp. (Road & Rail) | 246 | 66,910 | ||||||
Northern Trust Corp. (Capital Markets) | 210 | 24,494 | ||||||
Northrop Grumman Corp. (Aerospace & Defense) | 150 | 55,485 | ||||||
NortonLifelock, Inc. (Software) | 587 | 15,268 | ||||||
Norwegian Cruise Line Holdings, Ltd.* (Hotels, Restaurants & Leisure) | 373 | 7,770 | ||||||
NRG Energy, Inc. (Electric Utilities) | 247 | 9,863 | ||||||
Nucor Corp. (Metals & Mining) | 288 | 29,203 | ||||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 2,523 | 617,781 | ||||||
NVR, Inc.* (Household Durables) | 3 | 15,982 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 268 | 55,058 | ||||||
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 895 | 33,715 | ||||||
Old Dominion Freight Line, Inc. (Road & Rail) | 94 | 28,381 | ||||||
Omnicom Group, Inc. (Media) | 215 | 16,202 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 450 | $ | 27,306 | |||||
Oracle Corp. (Software) | 1,628 | 132,128 | ||||||
O'Reilly Automotive, Inc.* (Specialty Retail) | 68 | 44,319 | ||||||
Organon & Co. (Pharmaceuticals) | 256 | 8,169 | ||||||
Otis Worldwide Corp. (Machinery) | 429 | 36,649 | ||||||
PACCAR, Inc. (Machinery) | 350 | 32,547 | ||||||
Packaging Corp. of America (Containers & Packaging) | 96 | 14,460 | ||||||
Parker-Hannifin Corp. (Machinery) | 130 | 40,301 | ||||||
Paychex, Inc. (IT Services) | 324 | 38,154 | ||||||
Paycom Software, Inc.* (Software) | 49 | 16,430 | ||||||
PayPal Holdings, Inc.* (IT Services) | 1,186 | 203,921 | ||||||
Penn National Gaming, Inc.* (Hotels, Restaurants & Leisure) | 168 | 7,662 | ||||||
Pentair PLC (Machinery) | 167 | 10,638 | ||||||
People's United Financial, Inc. (Banks) | 432 | 8,372 | ||||||
PepsiCo, Inc. (Beverages) | 1,395 | 242,060 | ||||||
PerkinElmer, Inc. (Life Sciences Tools & Services) | 127 | 21,866 | ||||||
Pfizer, Inc. (Pharmaceuticals) | 5,665 | 298,489 | ||||||
Philip Morris International, Inc. (Tobacco) | 1,571 | 161,577 | ||||||
Phillips 66 (Oil, Gas & Consumable Fuels) | 442 | 37,477 | ||||||
Pinnacle West Capital Corp. (Electric Utilities) | 114 | 7,936 | ||||||
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 229 | 50,126 | ||||||
Pool Corp. (Distributors) | 40 | 19,050 | ||||||
PPG Industries, Inc. (Chemicals) | 240 | 37,488 | ||||||
PPL Corp. (Electric Utilities) | 758 | 22,497 | ||||||
Principal Financial Group, Inc. (Insurance) | 249 | 18,192 | ||||||
Prologis, Inc. (Equity Real Estate Investment Trusts) | 746 | 116,988 | ||||||
Prudential Financial, Inc. (Insurance) | 381 | 42,508 | ||||||
PTC, Inc.* (Software) | 107 | 12,440 | ||||||
Public Service Enterprise Group, Inc. (Multi-Utilities) | 510 | 33,930 | ||||||
Public Storage (Equity Real Estate Investment Trusts) | 154 | 55,214 | ||||||
PulteGroup, Inc. (Household Durables) | 256 | 13,489 | ||||||
PVH Corp. (Textiles, Apparel & Luxury Goods) | 72 | 6,841 | ||||||
Qorvo, Inc.* (Semiconductors & Semiconductor Equipment) | 111 | 15,238 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 1,130 | 198,609 | ||||||
Quanta Services, Inc. (Construction & Engineering) | 144 | 14,792 | ||||||
Quest Diagnostics, Inc. (Health Care Providers & Services) | 124 | 16,742 | ||||||
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 49 | 5,431 | ||||||
Raymond James Financial, Inc. (Capital Markets) | 187 | 19,798 | ||||||
Raytheon Technologies Corp. (Aerospace & Defense) | 1,511 | 136,278 | ||||||
Realty Income Corp. (Equity Real Estate Investment Trusts) | 571 | 39,633 | ||||||
Regency Centers Corp. (Equity Real Estate Investment Trusts) | 156 | 11,193 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 107 | 65,119 | ||||||
Regions Financial Corp. (Banks) | 962 | 22,068 | ||||||
Republic Services, Inc. (Commercial Services & Supplies) | 211 | 26,936 | ||||||
ResMed, Inc. (Health Care Equipment & Supplies) | 147 | 33,604 | ||||||
Robert Half International, Inc. (Professional Services) | 112 | 12,685 | ||||||
Rockwell Automation, Inc. (Electrical Equipment) | 117 | 33,839 | ||||||
Rollins, Inc. (Commercial Services & Supplies) | 228 | 7,034 | ||||||
Roper Technologies, Inc. (Industrial Conglomerates) | 106 | 46,339 | ||||||
Ross Stores, Inc. (Specialty Retail) | 359 | 35,092 | ||||||
Royal Caribbean Cruises, Ltd.* (Hotels, Restaurants & Leisure) | 226 | 17,585 | ||||||
S&P Global, Inc. (Capital Markets) | 243 | 100,898 | ||||||
Salesforce.com, Inc.* (Software) | 988 | 229,838 | ||||||
SBA Communications Corp. (Equity Real Estate Investment Trusts) | 110 | 35,798 | ||||||
Schlumberger, Ltd. (Energy Equipment & Services) | 1,416 | 55,323 | ||||||
Seagate Technology Holdings PLC (Technology Hardware, Storage & Peripherals) | 207 | 22,180 | ||||||
Sealed Air Corp. (Containers & Packaging) | 150 | 10,188 | ||||||
Sempra Energy (Multi-Utilities) | 322 | 44,488 | ||||||
ServiceNow, Inc.* (Software) | 201 | 117,742 | ||||||
Signature Bank (Banks) | 61 | 18,582 | ||||||
Simon Property Group, Inc. (Equity Real Estate Investment Trusts) | 332 | 48,870 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 167 | 24,469 | ||||||
Snap-on, Inc. (Machinery) | 54 | 11,246 | ||||||
SolarEdge Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 53 | 12,626 | ||||||
Southwest Airlines Co.* (Airlines) | 597 | 26,722 | ||||||
Stanley Black & Decker, Inc. (Machinery) | 165 | 28,817 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 1,191 | 117,099 | ||||||
State Street Corp. (Capital Markets) | 369 | 34,871 | ||||||
STERIS PLC (Health Care Equipment & Supplies) | 101 | 22,664 | ||||||
Stryker Corp. (Health Care Equipment & Supplies) | 339 | 84,089 | ||||||
SVB Financial Group* (Banks) | 59 | 34,450 | ||||||
Synchrony Financial (Consumer Finance) | 552 | 23,510 | ||||||
Synopsys, Inc.* (Software) | 154 | 47,817 | ||||||
Sysco Corp. (Food & Staples Retailing) | 517 | 40,404 | ||||||
T. Rowe Price Group, Inc. (Capital Markets) | 227 | 35,056 | ||||||
Take-Two Interactive Software, Inc.* (Entertainment) | 116 | 18,947 | ||||||
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | 278 | 10,550 | ||||||
Target Corp. (Multiline Retail) | 493 | 108,672 | ||||||
TE Connectivity, Ltd. (Electronic Equipment, Instruments & Components) | 329 | 47,050 | ||||||
Teledyne Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 47 | 19,807 | ||||||
Teleflex, Inc. (Health Care Equipment & Supplies) | 47 | 14,579 | ||||||
Teradyne, Inc. (Semiconductors & Semiconductor Equipment) | 165 | 19,376 | ||||||
Tesla, Inc.* (Automobiles) | 821 | 769,047 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 932 | $ | 167,285 | |||||
Textron, Inc. (Aerospace & Defense) | 222 | 15,109 | ||||||
The AES Corp. (Independent Power and Renewable Electricity Producers) | 673 | 14,927 | ||||||
The Allstate Corp. (Insurance) | 289 | 34,874 | ||||||
The Bank of New York Mellon Corp. (Capital Markets) | 767 | 45,452 | ||||||
The Boeing Co.* (Aerospace & Defense) | 558 | 111,734 | ||||||
The Charles Schwab Corp. (Capital Markets) | 1,517 | 133,041 | ||||||
The Clorox Co. (Household Products) | 124 | 20,815 | ||||||
The Coca-Cola Co. (Beverages) | 3,923 | 239,342 | ||||||
The Cooper Cos., Inc. (Health Care Equipment & Supplies) | 50 | 19,915 | ||||||
The Estee Lauder Co., Inc. (Personal Products) | 234 | 72,959 | ||||||
The Gap, Inc. (Specialty Retail) | 216 | 3,903 | ||||||
The Goldman Sachs Group, Inc. (Capital Markets) | 343 | 121,655 | ||||||
The Hershey Co. (Food Products) | 147 | 28,969 | ||||||
The Home Depot, Inc. (Specialty Retail) | 1,065 | 390,833 | ||||||
The Interpublic Group of Cos., Inc. (Media) | 397 | 14,109 | ||||||
The JM Smucker Co. - Class A (Food Products) | 109 | 15,323 | ||||||
The Kraft Heinz Co. (Food Products) | 716 | 25,633 | ||||||
The Kroger Co. (Food & Staples Retailing) | 683 | 29,772 | ||||||
The Mosaic Co. (Chemicals) | 374 | 14,941 | ||||||
The PNC Financial Services Group, Inc. (Banks) | 427 | 87,958 | ||||||
The Procter & Gamble Co. (Household Products) | 2,442 | 391,818 | ||||||
The Progressive Corp. (Insurance) | 590 | 64,109 | ||||||
The Sherwin-Williams Co. (Chemicals) | 243 | 69,622 | ||||||
The Southern Co. (Electric Utilities) | 1,070 | 74,354 | ||||||
The TJX Cos., Inc. (Specialty Retail) | 1,214 | 87,372 | ||||||
The Travelers Cos., Inc. (Insurance) | 248 | 41,213 | ||||||
The Walt Disney Co.* (Entertainment) | 1,834 | 262,207 | ||||||
The Williams Cos., Inc. (Oil, Gas & Consumable Fuels) | 1,226 | 36,706 | ||||||
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Services) | 398 | 231,356 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 592 | 64,037 | ||||||
Tractor Supply Co. (Specialty Retail) | 115 | 25,106 | ||||||
Trane Technologies PLC (Building Products) | 240 | 41,544 | ||||||
TransDigm Group, Inc.* (Aerospace & Defense) | 53 | 32,658 | ||||||
Trimble, Inc.* (Electronic Equipment, Instruments & Components) | 253 | 18,256 | ||||||
Truist Financial Corp. (Banks) | 1,347 | 84,619 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 807 | 30,271 | ||||||
Tyler Technologies, Inc.* (Software) | 41 | 19,426 | ||||||
Tyson Foods, Inc. - Class A (Food Products) | 298 | 27,085 | ||||||
U.S. Bancorp (Banks) | 1,362 | 79,255 | ||||||
UDR, Inc. (Equity Real Estate Investment Trusts) | 293 | 16,654 | ||||||
Ulta Beauty, Inc.* (Specialty Retail) | 55 | 20,006 | ||||||
Under Armour, Inc.* - Class A (Textiles, Apparel & Luxury Goods) | 190 | 3,578 | ||||||
Under Armour, Inc.* - Class C (Textiles, Apparel & Luxury Goods) | 217 | 3,470 | ||||||
Union Pacific Corp. (Road & Rail) | 649 | 158,712 | ||||||
United Airlines Holdings , Inc.* (Airlines) | 327 | 14,022 | ||||||
United Parcel Service, Inc. - Class B (Air Freight & Logistics) | 736 | 148,827 | ||||||
United Rentals, Inc.* (Trading Companies & Distributors) | 73 | 23,369 | ||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 951 | 449,415 | ||||||
Universal Health Services, Inc. - Class B (Health Care Providers & Services) | 74 | 9,624 | ||||||
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 413 | 34,267 | ||||||
Ventas, Inc. (Equity Real Estate Investment Trusts) | 403 | 21,367 | ||||||
VeriSign, Inc.* (IT Services) | 98 | 21,284 | ||||||
Verisk Analytics, Inc. (Professional Services) | 163 | 31,969 | ||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 4,178 | 222,394 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 257 | 62,464 | ||||||
VF Corp. (Textiles, Apparel & Luxury Goods) | 329 | 21,454 | ||||||
ViacomCBS, Inc. - Class B (Media) | 612 | 20,471 | ||||||
Viatris, Inc. (Pharmaceuticals) | 1,222 | 18,293 | ||||||
Visa, Inc. - Class A (IT Services) | 1,693 | 382,906 | ||||||
Vornado Realty Trust (Equity Real Estate Investment Trusts) | 160 | 6,562 | ||||||
Vulcan Materials Co. (Construction Materials) | 134 | 25,501 | ||||||
W.R. Berkley Corp. (Insurance) | 141 | 11,915 | ||||||
W.W. Grainger, Inc. (Trading Companies & Distributors) | 44 | 21,785 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 725 | 36,076 | ||||||
Walmart, Inc. (Food & Staples Retailing) | 1,435 | 200,627 | ||||||
Waste Management, Inc. (Commercial Services & Supplies) | 388 | 58,371 | ||||||
Waters Corp.* (Life Sciences Tools & Services) | 62 | 19,847 | ||||||
WEC Energy Group, Inc. (Multi-Utilities) | 318 | 30,859 | ||||||
Wells Fargo & Co. (Banks) | 4,023 | 216,437 | ||||||
Welltower, Inc. (Equity Real Estate Investment Trusts) | 439 | 38,031 | ||||||
West Pharmaceutical Services, Inc. (Health Care Equipment & Supplies) | 75 | 29,492 | ||||||
Western Digital Corp.* (Technology Hardware, Storage & Peripherals) | 315 | 16,298 | ||||||
Westinghouse Air Brake Technologies Corp. (Machinery) | 189 | 16,802 | ||||||
WestRock Co. (Containers & Packaging) | 269 | 12,417 | ||||||
Weyerhaeuser Co. (Equity Real Estate Investment Trusts) | 756 | 30,565 | ||||||
Whirlpool Corp. (Household Durables) | 61 | 12,822 | ||||||
Willis Towers Watson PLC (Insurance) | 126 | 29,479 | ||||||
Wynn Resorts, Ltd.* (Hotels, Restaurants & Leisure) | 106 | 9,058 | ||||||
Xcel Energy, Inc. (Electric Utilities) | 544 | 37,895 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 250 | 48,388 | ||||||
Xylem, Inc. (Machinery) | 182 | 19,114 | ||||||
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 296 | 37,050 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Zebra Technologies Corp.* (Electronic Equipment, Instruments & Components) | 54 | $ | 27,492 | |||||
Zimmer Biomet Holdings, Inc. (Health Care Equipment & Supplies) | 211 | 25,957 | ||||||
Zions Bancorp (Banks) | 158 | 10,716 | ||||||
Zoetis, Inc. (Pharmaceuticals) | 478 | 95,500 | ||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $6,930,176) | 38,585,680 |
Repurchase Agreements(b)(c) (18.2%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $9,060,000 | $ | 9,060,000 | $ | 9,060,000 | ||||
TOTAL REPURCHASE AGREEMENTS | ||||||||
(Cost $9,060,000) | 9,060,000 |
Collateral for Securities Loaned(d)(NM)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio - Institutional Shares, 0.03%(e) | 11,492 | $ | 11,492 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $11,492) | 11,492 | |||||||
TOTAL INVESTMENT SECURITIES | ||||||||
(Cost $16,001,668) - 95.8% | 47,657,172 | |||||||
Net other assets (liabilities) - 4.2% | 2,082,614 | |||||||
NET ASSETS - 100.0% | $ | 49,739,786 |
† | Number of shares is less than 0.50. |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $11,543. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $2,341,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements — Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
S&P 500 | Goldman Sachs International | 2/28/22 | 0 .68 | % | $ | 3,504,067 | $ | 106,098 | ||||||||||
S&P 500 | UBS AG | 2/28/22 | 0 .58 | % | 7,283,582 | 305,448 | ||||||||||||
$ | 10,787,649 | $ | 411,546 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Bull ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Bull ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 558,389 | 1.1 | % | ||||
Air Freight & Logistics | 242,839 | 0.5 | % | |||||
Airlines | 84,052 | 0.2 | % | |||||
Auto Components | 47,898 | 0.1 | % | |||||
Automobiles | 926,778 | 1.9 | % | |||||
Banks | 1,635,572 | 3.3 | % | |||||
Beverages | 575,199 | 1.2 | % | |||||
Biotechnology | 695,764 | 1.4 | % | |||||
Building Products | 185,112 | 0.4 | % | |||||
Capital Markets | 1,152,568 | 2.3 | % | |||||
Chemicals | 665,360 | 1.3 | % | |||||
Commercial Services & Supplies | 154,976 | 0.3 | % | |||||
Communications Equipment | 328,597 | 0.7 | % | |||||
Construction & Engineering | 14,792 | NM | ||||||
Construction Materials | 50,016 | 0.1 | % | |||||
Consumer Finance | 234,692 | 0.5 | % | |||||
Containers & Packaging | 123,518 | 0.2 | % | |||||
Distributors | 53,110 | 0.1 | % | |||||
Diversified Financial Services | 578,461 | 1.2 | % | |||||
Diversified Telecommunication Services | 417,668 | 0.8 | % | |||||
Electric Utilities | 622,846 | 1.2 | % | |||||
Electrical Equipment | 202,913 | 0.4 | % | |||||
Electronic Equipment, Instruments & Components | 256,121 | 0.5 | % | |||||
Energy Equipment & Services | 107,283 | 0.2 | % | |||||
Entertainment | 586,889 | 1.2 | % | |||||
Equity Real Estate Investment Trusts | 997,596 | 2.0 | % | |||||
Food & Staples Retailing | 532,167 | 1.1 | % | |||||
Food Products | 366,052 | 0.7 | % | |||||
Gas Utilities | 14,367 | NM | ||||||
Health Care Equipment & Supplies | 1,297,311 | 2.6 | % | |||||
Health Care Providers & Services | 1,076,350 | 2.2 | % | |||||
Health Care Technology | 27,086 | NM | ||||||
Hotels, Restaurants & Leisure | 746,098 | 1.5 | % | |||||
Household Durables | 134,565 | 0.3 | % | |||||
Household Products | 554,851 | 1.1 | % | |||||
Independent Power and Renewable Electricity Producers | 14,927 | NM | ||||||
Industrial Conglomerates | 389,760 | 0.8 | % | |||||
Insurance | 748,265 | 1.5 | % | |||||
Interactive Media & Services | 2,398,866 | 4.8 | % | |||||
Internet & Direct Marketing Retail | 1,374,317 | 2.8 | % | |||||
IT Services | 1,773,606 | 3.6 | % | |||||
Leisure Products | 12,115 | NM | ||||||
Life Sciences Tools & Services | 497,021 | 1.0 | % | |||||
Machinery | 602,479 | 1.2 | % | |||||
Media | 406,271 | 0.8 | % | |||||
Metals & Mining | 133,605 | 0.3 | % | |||||
Multiline Retail | 187,452 | 0.4 | % | |||||
Multi-Utilities | 301,078 | 0.6 | % | |||||
Oil, Gas & Consumable Fuels | 1,187,165 | 2.4 | % | |||||
Personal Products | 72,959 | 0.1 | % | |||||
Pharmaceuticals | 1,445,809 | 2.9 | % | |||||
Professional Services | 157,924 | 0.3 | % | |||||
Real Estate Management & Development | 34,253 | 0.1 | % | |||||
Road & Rail | 346,988 | 0.7 | % | |||||
Semiconductors & Semiconductor Equipment | 2,272,831 | 4.6 | % | |||||
Software | 3,554,571 | 7.1 | % | |||||
Specialty Retail | 884,411 | 1.8 | % | |||||
Technology Hardware, Storage & Peripherals | 2,871,417 | 5.8 | % | |||||
Textiles, Apparel & Luxury Goods | 242,334 | 0.5 | % | |||||
Tobacco | 255,909 | 0.5 | % | |||||
Trading Companies & Distributors | 78,028 | 0.2 | % | |||||
Water Utilities | 29,426 | 0.1 | % | |||||
Wireless Telecommunication Services | 64,037 | 0.1 | % | |||||
Other ** | 11,154,106 | 22.4 | % | |||||
Total | $ | 49,739,786 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (61.0%)
Shares | Value | |||||||
1-800-Flowers.com, Inc.* - Class A (Internet & Direct Marketing Retail) | 39 | $ | 664 | |||||
1Life Healthcare, Inc.* (Health Care Providers & Services) | 169 | 1,886 | ||||||
1st Source Corp. (Banks) | 25 | 1,247 | ||||||
1stdibs.com, Inc.* (Internet & Direct Marketing Retail) | 10 | 103 | ||||||
22nd Century Group, Inc.* (Tobacco) | 233 | 506 | ||||||
2seventy bio, Inc.* (Biotechnology) | 33 | 616 | ||||||
2U, Inc.* (Diversified Consumer Services) | 105 | 1,695 | ||||||
3D Systems Corp.* (Technology Hardware, Storage & Peripherals) | 180 | 3,222 | ||||||
4D Molecular Therapeutics, Inc.* (Biotechnology) | 41 | 648 | ||||||
89bio, Inc.* (Biotechnology) | 14 | 82 | ||||||
8x8, Inc.* (Software) | 164 | 2,517 | ||||||
9 Meters Biopharma, Inc.* (Pharmaceuticals) | 328 | 250 | ||||||
908 Devices, Inc.* (Electronic Equipment, Instruments & Components) | 27 | 427 | ||||||
A10 Networks, Inc. (Software) | 87 | 1,288 | ||||||
AAON, Inc. (Building Products) | 61 | 3,919 | ||||||
AAR Corp.* (Aerospace & Defense) | 49 | 1,973 | ||||||
Aaron's Co., Inc. (The) (Specialty Retail) | 45 | 953 | ||||||
Abercrombie & Fitch Co.* (Specialty Retail) | 85 | 3,315 | ||||||
ABM Industries, Inc. (Commercial Services & Supplies) | 98 | 4,086 | ||||||
Absci Corp.* (Life Sciences Tools & Services) | 20 | 135 | ||||||
Acacia Research Corp.* (Professional Services) | 71 | 320 | ||||||
Academy Sports & Outdoors, Inc.* (Leisure Products) | 113 | 4,395 | ||||||
ACADIA Pharmaceuticals, Inc.* (Biotechnology) | 173 | 3,891 | ||||||
Acadia Realty Trust (Equity Real Estate Investment Trusts) | 126 | 2,494 | ||||||
Accel Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 82 | 1,034 | ||||||
Accelerate Diagnostics, Inc.* (Life Sciences Tools & Services) | 48 | 160 | ||||||
ACCO Brands Corp. (Commercial Services & Supplies) | 135 | 1,099 | ||||||
Accolade, Inc.* (Health Care Technology) | 73 | 1,394 | ||||||
Accuray, Inc.* (Health Care Equipment & Supplies) | 131 | 478 | ||||||
ACI Worldwide, Inc.* (Software) | 171 | 5,877 | ||||||
Aclaris Therapeutics, Inc.* (Pharmaceuticals) | 74 | 808 | ||||||
Acumen Pharmaceuticals, Inc.* (Biotechnology) | 15 | 77 | ||||||
Acushnet Holdings Corp. (Leisure Products) | 50 | 2,335 | ||||||
Acutus Medical, Inc.* (Health Care Equipment & Supplies) | 28 | 64 | ||||||
Adagio Therapeutics, Inc.* (Biotechnology) | 31 | 223 | ||||||
AdaptHealth Corp.* (Health Care Providers & Services) | 104 | 1,966 | ||||||
Addus HomeCare Corp.* (Health Care Providers & Services) | 22 | 1,756 | ||||||
Adicet Bio, Inc.* (Pharmaceuticals) | 30 | 379 | ||||||
Adient PLC* (Auto Components) | 137 | 5,750 | ||||||
Adtalem Global Education, Inc.* (Diversified Consumer Services) | 72 | 2,118 | ||||||
ADTRAN, Inc. (Communications Equipment) | 70 | 1,345 | ||||||
Advanced Energy Industries, Inc. (Semiconductors & Semiconductor Equipment) | 55 | 4,740 | ||||||
AdvanSix, Inc. (Chemicals) | 40 | 1,684 | ||||||
Advantage Solutions, Inc.* (Media) | 111 | 808 | ||||||
Advent Technologies Holdings, Inc.* (Electrical Equipment) | 23 | 98 | ||||||
Adverum Biotechnologies, Inc.* (Biotechnology) | 126 | 208 | ||||||
Aeglea BioTherapeutics, Inc.* (Biotechnology) | 59 | 254 | ||||||
Aemetis, Inc.* (Oil, Gas & Consumable Fuels) | 39 | 358 | ||||||
Aerie Pharmaceuticals, Inc.* (Pharmaceuticals) | 61 | 449 | ||||||
Aerojet Rocketdyne Holdings, Inc. (Aerospace & Defense) | 109 | 4,207 | ||||||
Aerovate Therapeutics, Inc.* (Biotechnology) | 15 | 177 | ||||||
AeroVironment, Inc.* (Aerospace & Defense) | 33 | 1,878 | ||||||
AerSale Corp.* (Aerospace & Defense) | 14 | 199 | ||||||
Aeva Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 153 | 800 | ||||||
AFC Gamma, Inc. (Mortgage Real Estate Investment Trusts) | 18 | 354 | ||||||
Affimed N.V.* (Biotechnology) | 168 | 685 | ||||||
AgEagle Aerial Systems, Inc.* (Machinery) | 98 | 118 | ||||||
Agenus, Inc.* (Biotechnology) | 318 | 878 | ||||||
Agiliti, Inc.* (Health Care Providers & Services) | 34 | 650 | ||||||
Agilysys, Inc.* (Software) | 31 | 1,180 | ||||||
Agios Pharmaceuticals, Inc.* (Biotechnology) | 79 | 2,440 | ||||||
Agree Realty Corp. (Equity Real Estate Investment Trusts) | 100 | 6,538 | ||||||
Air Transport Services Group, Inc.* (Air Freight & Logistics) | 86 | 2,309 | ||||||
AirSculpt Technologies, Inc.* (Health Care Providers & Services) | 10 | 147 | ||||||
aka Brands Holding Corp.* (Internet & Direct Marketing Retail) | 14 | 99 | ||||||
Akebia Therapeutics, Inc.* (Biotechnology) | 253 | 503 | ||||||
Akero Therapeutics, Inc.* (Biotechnology) | 37 | 648 | ||||||
Akouos, Inc.* (Biotechnology) | 35 | 226 | ||||||
Akoustis Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 71 | 430 | ||||||
Akoya Biosciences, Inc.* (Life Sciences Tools & Services) | 19 | 216 | ||||||
Alamo Group, Inc. (Machinery) | 14 | 1,972 | ||||||
Alarm.com Holdings, Inc.* (Software) | 69 | 5,145 | ||||||
Alaunos Therapeutics, Inc.* (Biotechnology) | 304 | 328 | ||||||
Albany International Corp. - Class A (Machinery) | 45 | 3,767 | ||||||
Albireo Pharma, Inc.* (Biotechnology) | 24 | 684 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Aldeyra Therapeutics, Inc.* (Biotechnology) | 70 | $ | 257 | |||||
Alector, Inc.* (Biotechnology) | 85 | 1,348 | ||||||
Alerus Financial Corp. (Diversified Financial Services) | 22 | 623 | ||||||
Alexander & Baldwin, Inc. (Equity Real Estate Investment Trusts) | 106 | 2,433 | ||||||
Alexander's, Inc. (Equity Real Estate Investment Trusts) | 3 | 790 | ||||||
Alignment Healthcare, Inc.* (Health Care Providers & Services) | 115 | 874 | ||||||
Aligos Therapeutics, Inc.* (Biotechnology) | 31 | 99 | ||||||
Alkami Technology, Inc.* (Software) | 41 | 629 | ||||||
Alkermes PLC* (Biotechnology) | 233 | 5,942 | ||||||
Allakos, Inc.* (Biotechnology) | 51 | 345 | ||||||
Allegheny Technologies, Inc.* (Metals & Mining) | 185 | 3,384 | ||||||
Allegiance Bancshares, Inc. (Banks) | 28 | 1,233 | ||||||
Allegiant Travel Co.* (Airlines) | 22 | 3,931 | ||||||
ALLETE, Inc. (Electric Utilities) | 76 | 4,851 | ||||||
Allied Motion Technologies, Inc. (Electrical Equipment) | 17 | 609 | ||||||
Allogene Therapeutics, Inc.* (Biotechnology) | 99 | 1,134 | ||||||
Allovir, Inc.* (Biotechnology) | 43 | 351 | ||||||
Allscripts Healthcare Solutions, Inc.* (Health Care Technology) | 176 | 3,559 | ||||||
Alpha & Omega Semiconductor, Ltd.* (Semiconductors & Semiconductor Equipment) | 31 | 1,396 | ||||||
Alpha Teknova, Inc.* (Biotechnology) | 10 | 158 | ||||||
Alphatec Holdings, Inc.* (Health Care Equipment & Supplies) | 102 | 1,055 | ||||||
Alpine Immune Sciences, Inc.* (Biotechnology) | 17 | 145 | ||||||
Alta Equipment Group, Inc.* (Trading Companies & Distributors) | 27 | 368 | ||||||
Altair Engineering, Inc.* - Class A (Software) | 67 | 4,216 | ||||||
Altimmune, Inc.* (Biotechnology) | 57 | 460 | ||||||
Alto Ingredients, Inc.* (Oil, Gas & Consumable Fuels) | 104 | 539 | ||||||
Altra Industrial Motion Corp. (Machinery) | 94 | 4,538 | ||||||
Altus Midstream Co. - Class A (Oil, Gas & Consumable Fuels) | 5 | 315 | ||||||
ALX Oncology Holdings, Inc.* (Biotechnology) | 26 | 416 | ||||||
Amalgamated Financial Corp. (Banks) | 20 | 340 | ||||||
A-Mark Precious Metals, Inc. (Diversified Financial Services) | 13 | 805 | ||||||
Ambac Financial Group, Inc.* (Insurance) | 66 | 935 | ||||||
Ambarella, Inc.* (Semiconductors & Semiconductor Equipment) | 51 | 7,148 | ||||||
AMC Entertainment Holdings, Inc.*(a) (Entertainment) | 748 | 12,012 | ||||||
AMC Networks, Inc.* - Class A (Media) | 42 | 1,790 | ||||||
Amerant Bancorp, Inc. (Banks) | 39 | 1,326 | ||||||
Ameresco, Inc.* - Class A (Construction & Engineering) | 45 | 2,277 | ||||||
American Assets Trust, Inc. (Equity Real Estate Investment Trusts) | 72 | 2,590 | ||||||
American Axle & Manufacturing Holdings, Inc.* (Auto Components) | 163 | 1,327 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 221 | 5,045 | ||||||
American Equity Investment Life Holding Co. (Insurance) | 120 | 4,937 | ||||||
American Finance Trust, Inc. (Equity Real Estate Investment Trusts) | 180 | 1,487 | ||||||
American National Bankshares, Inc. (Banks) | 15 | 567 | ||||||
American National Group, Inc. (Insurance) | 11 | 2,077 | ||||||
American Outdoor Brands, Inc.* (Leisure Products) | 20 | 332 | ||||||
American Public Education, Inc.* (Diversified Consumer Services) | 27 | 578 | ||||||
American Software, Inc. - Class A (Software) | 46 | 1,058 | ||||||
American States Water Co. (Water Utilities) | 53 | 4,889 | ||||||
American Superconductor Corp.* (Electrical Equipment) | 40 | 328 | ||||||
American Vanguard Corp. (Chemicals) | 43 | 652 | ||||||
American Well Corp.* - Class A (Health Care Technology) | 265 | 1,253 | ||||||
American Woodmark Corp.* (Building Products) | 24 | 1,438 | ||||||
America's Car-Mart, Inc.* (Specialty Retail) | 9 | 854 | ||||||
Ameris Bancorp (Banks) | 96 | 4,734 | ||||||
AMERISAFE, Inc. (Insurance) | 28 | 1,471 | ||||||
Amicus Therapeutics, Inc.* (Biotechnology) | 381 | 3,585 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 148 | 3,259 | ||||||
AMMO, Inc.* (Leisure Products) | 126 | 585 | ||||||
AMN Healthcare Services, Inc.* (Health Care Providers & Services) | 68 | 6,891 | ||||||
Amneal Pharmaceuticals, Inc.* (Pharmaceuticals) | 145 | 642 | ||||||
Amphastar Pharmaceuticals, Inc.* (Pharmaceuticals) | 54 | 1,247 | ||||||
Ampio Pharmaceuticals, Inc.* (Pharmaceuticals) | 282 | 146 | ||||||
Amyris, Inc.* (Oil, Gas & Consumable Fuels) | 257 | 1,172 | ||||||
AnaptysBio, Inc.* (Biotechnology) | 28 | 895 | ||||||
Anavex Life Sciences Corp.* (Biotechnology) | 97 | 1,269 | ||||||
Angel Oak Mortgage, Inc. (Mortgage Real Estate Investment Trusts) | 11 | 188 | ||||||
AngioDynamics, Inc.* (Health Care Equipment & Supplies) | 54 | 1,168 | ||||||
Angion Biomedica Corp.* (Pharmaceuticals) | 32 | 86 | ||||||
ANI Pharmaceuticals, Inc.* (Pharmaceuticals) | 16 | 647 | ||||||
Anika Therapeutics, Inc.* (Health Care Equipment & Supplies) | 21 | 668 | ||||||
Annexon, Inc.* (Biotechnology) | 45 | 338 | ||||||
Antares Pharma, Inc.* (Health Care Equipment & Supplies) | 242 | 816 | ||||||
Anterix, Inc.* (Diversified Telecommunication Services) | 17 | 871 | ||||||
Antero Resources Corp.* (Oil, Gas & Consumable Fuels) | 415 | 8,105 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Apartment Investment and Management Co.* (Equity Real Estate Investment Trusts) | 219 | $ | 1,540 | |||||
Apellis Pharmaceuticals, Inc.* (Biotechnology) | 104 | 4,188 | ||||||
API Group Corp.* (Construction & Engineering) | 292 | 6,512 | ||||||
Apogee Enterprises, Inc. (Building Products) | 36 | 1,607 | ||||||
Apollo Commercial Real Estate Finance, Inc. (Mortgage Real Estate Investment Trusts) | 203 | 2,771 | ||||||
Apollo Medical Holdings, Inc.* (Health Care Providers & Services) | 55 | 2,831 | ||||||
Appfolio, Inc.* (Software) | 28 | 3,227 | ||||||
AppHarvest, Inc.* (Food Products) | 101 | 302 | ||||||
Appian Corp.* (Software) | 57 | 3,213 | ||||||
Apple Hospitality REIT, Inc. (Equity Real Estate Investment Trusts) | 311 | 5,016 | ||||||
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 56 | 5,487 | ||||||
Applied Molecular Transport, Inc.* (Biotechnology) | 36 | 339 | ||||||
Applied Therapeutics, Inc.* (Biotechnology) | 26 | 80 | ||||||
Apria, Inc.* (Health Care Providers & Services) | 28 | 1,047 | ||||||
Apyx Medical Corp.* (Health Care Equipment & Supplies) | 45 | 518 | ||||||
AquaBounty Technologies, Inc.* (Biotechnology) | 76 | 135 | ||||||
Arbor Realty Trust, Inc. (Mortgage Real Estate Investment Trusts) | 209 | 3,660 | ||||||
Arbutus Biopharma Corp.* (Biotechnology) | 117 | 329 | ||||||
ArcBest Corp. (Road & Rail) | 37 | 3,272 | ||||||
Arch Resources, Inc. (Oil, Gas & Consumable Fuels) | 22 | 2,082 | ||||||
Archrock, Inc. (Energy Equipment & Services) | 195 | 1,646 | ||||||
Arcimoto, Inc.* (Automobiles) | 42 | 257 | ||||||
Arconic Corp.* (Metals & Mining) | 155 | 4,794 | ||||||
Arcosa, Inc. (Construction & Engineering) | 70 | 3,266 | ||||||
Arcturus Therapeutics Holdings, Inc.* (Biotechnology) | 31 | 810 | ||||||
Arcus Biosciences, Inc.* (Biotechnology) | 65 | 2,002 | ||||||
Arcutis Biotherapeutics, Inc.* (Biotechnology) | 40 | 604 | ||||||
Ardelyx, Inc.* (Biotechnology) | 140 | 116 | ||||||
Arena Pharmaceuticals, Inc.* (Biotechnology) | 90 | 8,278 | ||||||
Ares Commercial Real Estate Corp. (Mortgage Real Estate Investment Trusts) | 63 | 925 | ||||||
Argan, Inc. (Construction & Engineering) | 22 | 817 | ||||||
Argo Group International Holdings, Ltd. (Insurance) | 46 | 2,612 | ||||||
Aris Water Solution, Inc. - Class A (Commercial Services & Supplies) | 28 | 324 | ||||||
Arko Corp.* (Specialty Retail) | 175 | 1,439 | ||||||
Arlo Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 122 | 1,060 | ||||||
Armada Hoffler Properties, Inc. (Equity Real Estate Investment Trusts) | 88 | 1,235 | ||||||
ARMOUR Residential REIT, Inc. (Mortgage Real Estate Investment Trusts) | 129 | 1,210 | ||||||
Array Technologies, Inc.* (Electrical Equipment) | 185 | 1,950 | ||||||
Arrow Financial Corp. (Banks) | 20 | 708 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 147 | 7,756 | ||||||
Arteris, Inc.* (Software) | 7 | 104 | ||||||
Artesian Resources Corp. - Class A (Water Utilities) | 12 | 578 | ||||||
Artisan Partners Asset Management, Inc. (Capital Markets) | 85 | 3,673 | ||||||
Artivion, Inc.* (Health Care Equipment & Supplies) | 55 | 979 | ||||||
Arvinas, Inc.* (Pharmaceuticals) | 68 | 4,861 | ||||||
Asana, Inc.* - Class A (Software) | 103 | 5,405 | ||||||
Asbury Automotive Group, Inc.* (Specialty Retail) | 34 | 5,473 | ||||||
Asensus Surgical, Inc.* (Health Care Equipment & Supplies) | 339 | 301 | ||||||
ASGN, Inc.* (Professional Services) | 74 | 8,499 | ||||||
Ashford Hospitality Trust, Inc.* (Equity Real Estate Investment Trusts) | 25 | 195 | ||||||
Aspen Aerogels, Inc.* (Energy Equipment & Services) | 32 | 950 | ||||||
Aspira Women's Health, Inc.* (Health Care Equipment & Supplies) | 105 | 127 | ||||||
Assetmark Financial Holdings, Inc.* (Capital Markets) | 26 | 624 | ||||||
Associated Banc-Corp. (Banks) | 216 | 5,162 | ||||||
Associated Capital Group, Inc. - Class A (Capital Markets) | 2 | 90 | ||||||
Astec Industries, Inc. (Machinery) | 33 | 2,089 | ||||||
Astronics Corp.* (Aerospace & Defense) | 36 | 433 | ||||||
Atara Biotherapeutics, Inc.* (Biotechnology) | 126 | 1,935 | ||||||
Atea Pharmaceuticals, Inc.* (Biotechnology) | 94 | 671 | ||||||
Aterian, Inc.* (Household Durables) | 38 | 123 | ||||||
Athenex, Inc.* (Biotechnology) | 125 | 128 | ||||||
Athersys, Inc.* (Biotechnology) | 297 | 294 | ||||||
Athira Pharma, Inc.* (Pharmaceuticals) | 47 | 484 | ||||||
Atkore, Inc.* (Electrical Equipment) | 67 | 7,220 | ||||||
Atlantic Capital Bancshares, Inc.* (Banks) | 29 | 873 | ||||||
Atlantic Union Bankshares (Banks) | 109 | 4,438 | ||||||
Atlanticus Holdings Corp.* (Consumer Finance) | 7 | 450 | ||||||
Atlas Air Worldwide Holdings, Inc.* (Air Freight & Logistics) | 42 | 3,374 | ||||||
Atlas Technical Consultants, Inc.* (Professional Services) | 21 | 204 | ||||||
ATN International, Inc. (Diversified Telecommunication Services) | 16 | 635 | ||||||
Atomera, Inc.* (Semiconductors & Semiconductor Equipment) | 29 | 410 | ||||||
Atossa Therapeutics, Inc.* (Health Care Equipment & Supplies) | 170 | 233 | ||||||
Atreca, Inc.* - Class A (Biotechnology) | 38 | 81 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
AtriCure, Inc.* (Health Care Equipment & Supplies) | 65 | $ | 4,267 | |||||
Atrion Corp. (Health Care Equipment & Supplies) | 2 | 1,211 | ||||||
Aura Biosciences, Inc.* (Biotechnology) | 8 | 146 | ||||||
Avalo Therapeutics, Inc.* (Pharmaceuticals) | 90 | 88 | ||||||
Avanos Medical, Inc.* (Health Care Equipment & Supplies) | 70 | 2,118 | ||||||
Avaya Holdings Corp.* - Class C (Software) | 120 | 2,186 | ||||||
Aveanna Healthcare Holdings, Inc.* (Health Care Providers & Services) | 57 | 313 | ||||||
Aviat Networks, Inc.* (Communications Equipment) | 16 | 464 | ||||||
Avid Bioservices, Inc.* (Biotechnology) | 88 | 1,661 | ||||||
Avid Technology, Inc.* (Technology Hardware, Storage & Peripherals) | 52 | 1,631 | ||||||
Avidity Biosciences, Inc.* (Biotechnology) | 55 | 914 | ||||||
AvidXchange Holdings, Inc.* (Software) | 37 | 383 | ||||||
Avient Corp. (Chemicals) | 132 | 6,569 | ||||||
Avis Budget Group, Inc.* (Road & Rail) | 60 | 10,571 | ||||||
Avista Corp. (Multi-Utilities) | 103 | 4,579 | ||||||
Avita Medical, Inc.* (Biotechnology) | 35 | 338 | ||||||
Avrobio, Inc.* (Biotechnology) | 55 | 107 | ||||||
Axcelis Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 48 | 3,005 | ||||||
AxoGen, Inc.* (Health Care Equipment & Supplies) | 56 | 488 | ||||||
Axonics, Inc.* (Health Care Equipment & Supplies) | 66 | 3,130 | ||||||
Axos Financial, Inc.* - Class I (Thrifts & Mortgage Finance) | 83 | 4,275 | ||||||
Axsome Therapeutics, Inc.* (Pharmaceuticals) | 40 | 1,098 | ||||||
AXT, Inc.* (Semiconductors & Semiconductor Equipment) | 59 | 442 | ||||||
AZZ, Inc. (Electrical Equipment) | 36 | 1,713 | ||||||
B Riley Financial, Inc. (Capital Markets) | 29 | 1,786 | ||||||
B&G Foods, Inc. (Food Products) | 93 | 2,892 | ||||||
Babcock & Wilcox Enterprises, Inc.* (Electrical Equipment) | 80 | 568 | ||||||
Badger Meter, Inc. (Electronic Equipment, Instruments & Components) | 42 | 4,249 | ||||||
Balchem Corp. (Chemicals) | 47 | 6,905 | ||||||
Bally's Corp.* (Hotels, Restaurants & Leisure) | 47 | 1,680 | ||||||
Banc of California, Inc. (Banks) | 79 | 1,526 | ||||||
BancFirst Corp. (Banks) | 25 | 1,874 | ||||||
Banco Latinoamericano de Comercio Exterior S.A. - Class E (Diversified Financial Services) | 45 | 742 | ||||||
Bandwidth, Inc.* (Diversified Telecommunication Services) | 33 | 2,066 | ||||||
Bank First Corp. (Banks) | 10 | 700 | ||||||
Bank of Marin Bancorp (Banks) | 22 | 820 | ||||||
BankUnited, Inc. (Banks) | 129 | 5,386 | ||||||
Banner Corp. (Banks) | 50 | 3,106 | ||||||
Bar Harbor Bankshares (Banks) | 21 | 641 | ||||||
Barnes & Noble Education, Inc.* (Specialty Retail) | 65 | 391 | ||||||
Barnes Group, Inc. (Machinery) | 69 | 3,117 | ||||||
Barrett Business Services, Inc. (Professional Services) | 11 | 704 | ||||||
Bassett Furniture Industries, Inc. (Household Durables) | 13 | 241 | ||||||
Beacon Roofing Supply, Inc.* (Trading Companies & Distributors) | 81 | 4,444 | ||||||
Beam Global* (Electrical Equipment) | 13 | 171 | ||||||
Beam Therapeutics, Inc.* (Biotechnology) | 74 | 5,122 | ||||||
Beauty Health Co. (The)* (Personal Products) | 125 | 1,775 | ||||||
Beazer Homes USA, Inc.* (Household Durables) | 42 | 766 | ||||||
Bed Bath & Beyond, Inc.* (Specialty Retail) | 147 | 2,387 | ||||||
Belden, Inc. (Electronic Equipment, Instruments & Components) | 64 | 3,581 | ||||||
BellRing Brands, Inc.* - Class A (Personal Products) | 58 | 1,413 | ||||||
Benchmark Electronics, Inc. (Electronic Equipment, Instruments & Components) | 51 | 1,231 | ||||||
Benefitfocus, Inc.* (Software) | 36 | 401 | ||||||
Berkeley Lights, Inc.* (Life Sciences Tools & Services) | 70 | 680 | ||||||
Berkshire Hills Bancorp, Inc. (Banks) | 71 | 2,101 | ||||||
Berry Corp. (Oil, Gas & Consumable Fuels) | 98 | 852 | ||||||
Beyondspring, Inc.* (Biotechnology) | 32 | 103 | ||||||
BGC Partners, Inc. - Class A (Capital Markets) | 460 | 1,941 | ||||||
Big 5 Sporting Goods Corp. (Specialty Retail) | 30 | 591 | ||||||
Big Lots, Inc. (Multiline Retail) | 47 | 1,970 | ||||||
BigCommerce Holdings, Inc.* - Class 1 (IT Services) | 70 | 2,288 | ||||||
Biglari Holdings, Inc.* - Class B (Hotels, Restaurants & Leisure) | 1 | 119 | ||||||
BioAtla, Inc.* (Biotechnology) | 23 | 220 | ||||||
BioCryst Pharmaceuticals, Inc.* (Biotechnology) | 261 | 4,032 | ||||||
BioDelivery Sciences International, Inc.* (Pharmaceuticals) | 135 | 494 | ||||||
Biodesix, Inc.* (Health Care Providers & Services) | 18 | 72 | ||||||
Biohaven Pharmaceutical Holding Co., Ltd.* (Biotechnology) | 81 | 10,761 | ||||||
BioLife Solutions, Inc.* (Health Care Equipment & Supplies) | 15 | 448 | ||||||
Biomea Fusion, Inc.* (Biotechnology) | 31 | 222 | ||||||
Bionano Genomics, Inc.* (Life Sciences Tools & Services) | 423 | 939 | ||||||
Bioventus, Inc.* - Class A (Health Care Equipment & Supplies) | 41 | 534 | ||||||
Bioxcel Therapeutics, Inc.* (Biotechnology) | 25 | 423 | ||||||
BJ's Restaurants, Inc.* (Hotels, Restaurants & Leisure) | 33 | 993 | ||||||
BJ's Wholesale Club Holdings, Inc.* (Food & Staples Retailing) | 199 | 12,232 | ||||||
Black Diamond Therapeutics, Inc.* (Biotechnology) | 33 | 138 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Black Hills Corp. (Multi-Utilities) | 93 | $ | 6,301 | |||||
Blackbaud, Inc.* (Software) | 69 | 4,702 | ||||||
Blackline, Inc.* (Software) | 79 | 7,258 | ||||||
Blackstone Mortgage Trust, Inc. - Class A (Mortgage Real Estate Investment Trusts) | 228 | 7,165 | ||||||
Blink Charging Co.* (Specialty Retail) | 53 | 1,108 | ||||||
Bloom Energy Corp.* (Electrical Equipment) | 207 | 3,122 | ||||||
Bloomin' Brands, Inc.* (Hotels, Restaurants & Leisure) | 128 | 2,602 | ||||||
Blucora, Inc.* (Capital Markets) | 70 | 1,135 | ||||||
Blue Bird Corp.* (Machinery) | 23 | 357 | ||||||
Blue Foundry Bancorp* (Thrifts & Mortgage Finance) | 41 | 602 | ||||||
Blue Ridge Bankshares, Inc. (Banks) | 25 | 456 | ||||||
Bluebird Bio, Inc.* (Biotechnology) | 98 | 773 | ||||||
Bluegreen Vacations Holding Corp.* (Hotels, Restaurants & Leisure) | 21 | 629 | ||||||
BlueLinx Holdings, Inc.* (Trading Companies & Distributors) | 13 | 931 | ||||||
Blueprint Medicines Corp.* (Biotechnology) | 85 | 6,554 | ||||||
BM Technologies, Inc.* (IT Services) | 3 | 28 | ||||||
Boise Cascade Co. (Trading Companies & Distributors) | 57 | 4,003 | ||||||
Bolt Biotherapeutics, Inc.* (Biotechnology) | 33 | 127 | ||||||
Boot Barn Holdings, Inc.* (Specialty Retail) | 42 | 3,863 | ||||||
Boston Omaha Corp.* - Class A (Media) | 30 | 792 | ||||||
Bottomline Technologies, Inc.* (Software) | 65 | 3,665 | ||||||
Box, Inc.* - Class A (Software) | 202 | 5,278 | ||||||
Brady Corp. - Class A (Commercial Services & Supplies) | 68 | 3,531 | ||||||
Braemar Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 83 | 444 | ||||||
Brandywine Realty Trust (Equity Real Estate Investment Trusts) | 246 | 3,164 | ||||||
Bridgebio Pharma, Inc.* (Biotechnology) | 154 | 1,520 | ||||||
Bridgewater Bancshares, Inc.* (Thrifts & Mortgage Finance) | 31 | 551 | ||||||
Brigham Minerals, Inc. (Oil, Gas & Consumable Fuels) | 63 | 1,363 | ||||||
Bright Health Group, Inc.* (Insurance) | 77 | 214 | ||||||
Brightcove, Inc.* (IT Services) | 59 | 556 | ||||||
Brightsphere Investment Group, Inc. (Capital Markets) | 84 | 1,813 | ||||||
BrightSpire Capital, Inc. (Mortgage Real Estate Investment Trusts) | 122 | 1,146 | ||||||
BrightView Holdings, Inc.* (Commercial Services & Supplies) | 59 | 783 | ||||||
Brinker International, Inc.* (Hotels, Restaurants & Leisure) | 66 | 2,192 | ||||||
Bristow Group, Inc.* (Energy Equipment & Services) | 34 | 1,117 | ||||||
Broadmark Realty Capital, Inc. (Mortgage Real Estate Investment Trusts) | 186 | 1,745 | ||||||
Broadstone Net Lease, Inc. (Equity Real Estate Investment Trusts) | 228 | 5,269 | ||||||
Brookdale Senior Living, Inc.* (Health Care Providers & Services) | 268 | 1,418 | ||||||
Brookfield Infrastructure Corp. - Class A (Gas Utilities) | 89 | 5,902 | ||||||
Brookline Bancorp, Inc. (Banks) | 111 | 1,898 | ||||||
Brooklyn ImmunoTherapeutics, Inc.* (Entertainment) | 43 | 117 | ||||||
BRP Group, Inc.* - Class A (Insurance) | 69 | 2,106 | ||||||
BRT Apartments Corp. (Equity Real Estate Investment Trusts) | 17 | 377 | ||||||
BTRS Holdings, Inc.* (Software) | 96 | 614 | ||||||
Business First Bancshares, Inc. (Banks) | 28 | 769 | ||||||
Butterfly Network, Inc.* (Health Care Equipment & Supplies) | 181 | 1,050 | ||||||
Byline Bancorp, Inc. (Banks) | 36 | 936 | ||||||
Byrna Technologies, Inc.* (Aerospace & Defense) | 27 | 295 | ||||||
C4 Therapeutics, Inc.* (Biotechnology) | 56 | 1,368 | ||||||
Cabot Corp. (Chemicals) | 81 | 4,454 | ||||||
Cactus, Inc. - Class A (Energy Equipment & Services) | 80 | 3,877 | ||||||
Cadence Bank (Banks) | 273 | 8,508 | ||||||
Cadiz, Inc.* (Water Utilities) | 31 | 87 | ||||||
Cadre Holdings, Inc. (Aerospace & Defense) | 9 | 196 | ||||||
Caesarstone, Ltd. (Building Products) | 33 | 407 | ||||||
CalAmp Corp.* (Communications Equipment) | 51 | 303 | ||||||
Calavo Growers, Inc. (Food Products) | 25 | 1,035 | ||||||
Caleres, Inc. (Specialty Retail) | 53 | 1,271 | ||||||
California Resources Corp. (Oil, Gas & Consumable Fuels) | 118 | 5,029 | ||||||
California Water Service Group (Water Utilities) | 76 | 4,719 | ||||||
Calix, Inc.* (Communications Equipment) | 80 | 4,022 | ||||||
Callaway Golf Co.* (Leisure Products) | 168 | 4,008 | ||||||
Callon Petroleum Co.* (Oil, Gas & Consumable Fuels) | 69 | 3,411 | ||||||
Cal-Maine Foods, Inc. (Food Products) | 59 | 2,301 | ||||||
Cambium Networks Corp.* (Communications Equipment) | 16 | 387 | ||||||
Cambridge Bancorp (Banks) | 10 | 895 | ||||||
Camden National Corp. (Banks) | 21 | 1,043 | ||||||
Camping World Holdings, Inc. - Class A (Specialty Retail) | 61 | 2,025 | ||||||
Cannae Holdings, Inc.* (Diversified Financial Services) | 123 | 3,674 | ||||||
Canoo, Inc.* (Automobiles) | 154 | 942 | ||||||
Cantaloupe, Inc.* (IT Services) | 84 | 706 | ||||||
Capital Bancorp, Inc. (Banks) | 11 | 284 | ||||||
Capital City Bank Group, Inc. (Banks) | 20 | 553 | ||||||
Capitol Federal Financial, Inc. (Thrifts & Mortgage Finance) | 188 | 2,092 | ||||||
Capstar Financial Holdings, Inc. (Banks) | 30 | 644 | ||||||
Cara Therapeutics, Inc.* (Biotechnology) | 64 | 741 | ||||||
Cardiff Oncology, Inc.* (Biotechnology) | 55 | 186 | ||||||
Cardiovascular Systems, Inc.* (Health Care Equipment & Supplies) | 58 | 1,019 | ||||||
Cardlytics, Inc.* (Media) | 47 | 3,154 | ||||||
CareDx, Inc.* (Biotechnology) | 73 | 3,051 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
CareTrust REIT, Inc. (Equity Real Estate Investment Trusts) | 140 | $ | 2,969 | |||||
Cargurus, Inc.* (Interactive Media & Services) | 138 | 4,401 | ||||||
Caribou Biosciences, Inc.* (Biotechnology) | 29 | 311 | ||||||
CarLotz, Inc.* (Specialty Retail) | 104 | 211 | ||||||
CarParts.com, Inc.* (Internet & Direct Marketing Retail) | 71 | 653 | ||||||
Carpenter Technology Corp. (Metals & Mining) | 69 | 1,982 | ||||||
Carriage Services, Inc. (Diversified Consumer Services) | 22 | 1,107 | ||||||
Carrols Restaurant Group, Inc. (Hotels, Restaurants & Leisure) | 48 | 119 | ||||||
Cars.com, Inc.* (Interactive Media & Services) | 99 | 1,542 | ||||||
Carter Bankshares, Inc.* (Banks) | 38 | 585 | ||||||
Casa Systems, Inc.* (Communications Equipment) | 46 | 204 | ||||||
Casella Waste Systems, Inc.* - Class A (Commercial Services & Supplies) | 71 | 5,394 | ||||||
Cass Information Systems, Inc. (IT Services) | 20 | 814 | ||||||
Cassava Sciences, Inc.*(a) (Pharmaceuticals) | 55 | 2,434 | ||||||
Castle Biosciences, Inc.* (Biotechnology) | 31 | 1,341 | ||||||
Castlight Health, Inc.* - Class B (Health Care Technology) | 179 | 365 | ||||||
Catalyst Pharmaceuticals, Inc.* (Biotechnology) | 141 | 812 | ||||||
CatchMark Timber Trust, Inc. - Class A (Equity Real Estate Investment Trusts) | 71 | 582 | ||||||
Cathay General Bancorp (Banks) | 107 | 4,832 | ||||||
Cavco Industries, Inc.* (Household Durables) | 13 | 3,503 | ||||||
CBIZ, Inc.* (Professional Services) | 71 | 2,743 | ||||||
CBTX, Inc. (Banks) | 27 | 795 | ||||||
CECO Environmental Corp.* (Commercial Services & Supplies) | 45 | 284 | ||||||
Celcuity, Inc.* (Biotechnology) | 14 | 156 | ||||||
Celldex Therapeutics, Inc.* (Biotechnology) | 67 | 2,078 | ||||||
CEL-SCI Corp.* (Biotechnology) | 52 | 314 | ||||||
Celsius Holdings, Inc.* (Beverages) | 78 | 3,723 | ||||||
Centennial Resource Development, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 267 | 2,085 | ||||||
Centerspace (Equity Real Estate Investment Trusts) | 21 | 2,003 | ||||||
Central Garden & Pet Co.* (Household Products) | 14 | 649 | ||||||
Central Garden & Pet Co.* - Class A (Household Products) | 59 | 2,556 | ||||||
Central Pacific Financial Corp. (Banks) | 40 | 1,164 | ||||||
Centrus Energy Corp.* - Class A (Oil, Gas & Consumable Fuels) | 14 | 608 | ||||||
Century Aluminum Co.* (Metals & Mining) | 74 | 1,135 | ||||||
Century Casinos, Inc.* (Hotels, Restaurants & Leisure) | 39 | 388 | ||||||
Century Communities, Inc. (Household Durables) | 44 | 2,897 | ||||||
Century Therapeutics, Inc.* (Biotechnology) | 17 | 222 | ||||||
Cerence, Inc.* (Software) | 55 | 3,492 | ||||||
Cerevel Therapeutics Holdings, Inc.* (Biotechnology) | 59 | 1,536 | ||||||
Cerus Corp.* (Health Care Equipment & Supplies) | 244 | 1,308 | ||||||
CEVA, Inc.* (Semiconductors & Semiconductor Equipment) | 33 | 1,243 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 294 | 6,586 | ||||||
ChannelAdvisor Corp.* (Software) | 43 | 909 | ||||||
Chart Industries, Inc.* (Machinery) | 53 | 6,458 | ||||||
Chase Corp. (Chemicals) | 11 | 1,044 | ||||||
Chatham Lodging Trust* (Equity Real Estate Investment Trusts) | 69 | 916 | ||||||
Chefs' Warehouse, Inc.* (Food & Staples Retailing) | 46 | 1,373 | ||||||
ChemoCentryx, Inc.* (Biotechnology) | 78 | 2,097 | ||||||
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | 152 | 10,362 | ||||||
Chesapeake Utilities Corp. (Gas Utilities) | 25 | 3,405 | ||||||
Chicken Soup For The Soul Entertainment, Inc.* (Entertainment) | 11 | 112 | ||||||
Chico's FAS, Inc.* (Specialty Retail) | 174 | 820 | ||||||
Chimera Investment Corp. (Mortgage Real Estate Investment Trusts) | 341 | 4,945 | ||||||
Chimerix, Inc.* (Biotechnology) | 106 | 605 | ||||||
Chinook Therapeutics, Inc.* (Biotechnology) | 57 | 735 | ||||||
ChromaDex Corp.* (Life Sciences Tools & Services) | 68 | 191 | ||||||
Chuy's Holdings, Inc.* (Hotels, Restaurants & Leisure) | 29 | 731 | ||||||
Cimpress PLC* (Commercial Services & Supplies) | 25 | 1,681 | ||||||
Cinemark Holdings, Inc.* (Entertainment) | 157 | 2,371 | ||||||
CIRCOR International, Inc.* (Machinery) | 27 | 750 | ||||||
Citi Trends, Inc.* (Specialty Retail) | 12 | 585 | ||||||
Citius Pharmaceuticals, Inc.* (Pharmaceuticals) | 165 | 249 | ||||||
Citizens & Northern Corp. (Banks) | 22 | 553 | ||||||
Citizens, Inc.* (Insurance) | 72 | 342 | ||||||
City Holding Co. (Banks) | 22 | 1,765 | ||||||
City Office REIT, Inc. (Equity Real Estate Investment Trusts) | 62 | 1,105 | ||||||
Civista Bancshares, Inc. (Banks) | 22 | 530 | ||||||
Civitas Resources, Inc. (Oil, Gas & Consumable Fuels) | 63 | 3,434 | ||||||
Clarus Corp. (Leisure Products) | 38 | 856 | ||||||
Clean Energy Fuels Corp.* (Oil, Gas & Consumable Fuels) | 225 | 1,366 | ||||||
Cleanspark, Inc.* (Software) | 50 | 336 | ||||||
Clear Channel Outdoor Holdings, Inc.* (Media) | 526 | 1,610 | ||||||
Clearfield, Inc.* (Communications Equipment) | 17 | 1,096 | ||||||
ClearPoint Neuro, Inc.* (Health Care Equipment & Supplies) | 28 | 247 | ||||||
Clearwater Paper Corp.* (Paper & Forest Products) | 24 | 759 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Clearway Energy, Inc. - Class A (Independent Power and Renewable Electricity Producers) | 51 | $ | 1,573 | |||||
Clearway Energy, Inc. - Class C (Independent Power and Renewable Electricity Producers) | 119 | 4,008 | ||||||
Clene, Inc.* (Biotechnology) | 30 | 84 | ||||||
Clipper Realty, Inc. (Equity Real Estate Investment Trusts) | 18 | 165 | ||||||
Clovis Oncology, Inc.* (Biotechnology) | 164 | 335 | ||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 41 | 7,416 | ||||||
CNB Financial Corp. (Banks) | 23 | 614 | ||||||
CNO Financial Group, Inc. (Insurance) | 179 | 4,464 | ||||||
CNX Resources Corp.* (Oil, Gas & Consumable Fuels) | 304 | 4,508 | ||||||
Coastal Financial Corp.* (Banks) | 14 | 678 | ||||||
Coca-Cola Consolidated, Inc. (Beverages) | 7 | 4,010 | ||||||
Codex DNA, Inc.* (Life Sciences Tools & Services) | 11 | 86 | ||||||
Codexis, Inc.* (Life Sciences Tools & Services) | 87 | 1,784 | ||||||
Codiak Biosciences, Inc.* (Biotechnology) | 23 | 152 | ||||||
Coeur Mining, Inc.* (Metals & Mining) | 371 | 1,740 | ||||||
Cogent Biosciences, Inc.* (Biotechnology) | 54 | 408 | ||||||
Cogent Communications Holdings, Inc. (Diversified Telecommunication Services) | 62 | 3,945 | ||||||
Cohen & Steers, Inc. (Capital Markets) | 36 | 3,007 | ||||||
Coherus Biosciences, Inc.* (Biotechnology) | 94 | 1,162 | ||||||
Cohu, Inc.* (Semiconductors & Semiconductor Equipment) | 69 | 2,276 | ||||||
Collegium Pharmaceutical, Inc.* (Pharmaceuticals) | 50 | 893 | ||||||
Columbia Banking System, Inc. (Banks) | 114 | 3,964 | ||||||
Columbia Financial, Inc.* (Thrifts & Mortgage Finance) | 57 | 1,207 | ||||||
Columbus McKinnon Corp. (Machinery) | 40 | 1,731 | ||||||
Comfort Systems USA, Inc. (Construction & Engineering) | 52 | 4,669 | ||||||
Commercial Metals Co. (Metals & Mining) | 174 | 5,820 | ||||||
Commercial Vehicle Group, Inc.* (Machinery) | 46 | 356 | ||||||
Community Bank System, Inc. (Banks) | 78 | 5,571 | ||||||
Community Health Systems, Inc.* (Health Care Providers & Services) | 180 | 2,284 | ||||||
Community Healthcare Trust, Inc. (Equity Real Estate Investment Trusts) | 35 | 1,587 | ||||||
Community Trust Bancorp, Inc. (Banks) | 23 | 1,016 | ||||||
CommVault Systems, Inc.* (Software) | 66 | 4,452 | ||||||
Compass Minerals International, Inc. (Metals & Mining) | 50 | 2,670 | ||||||
Computer Programs & Systems, Inc.* (Health Care Technology) | 20 | 566 | ||||||
CompX International, Inc. (Commercial Services & Supplies) | 2 | 45 | ||||||
comScore, Inc.* (Media) | 101 | 306 | ||||||
Comstock Resources, Inc.* (Oil, Gas & Consumable Fuels) | 133 | 1,035 | ||||||
Comtech Telecommunications Corp. (Communications Equipment) | 37 | 752 | ||||||
Concrete Pumping Holdings, Inc.* (Construction & Engineering) | 37 | 304 | ||||||
Conduent, Inc.* (IT Services) | 243 | 1,149 | ||||||
CONMED Corp. (Health Care Equipment & Supplies) | 42 | 5,777 | ||||||
ConnectOne Bancorp, Inc. (Banks) | 54 | 1,729 | ||||||
Conn's, Inc.* (Specialty Retail) | 26 | 631 | ||||||
Consensus Cloud Solutions, Inc.* (Software) | 23 | 1,304 | ||||||
CONSOL Energy, Inc.* (Oil, Gas & Consumable Fuels) | 50 | 1,087 | ||||||
Consolidated Communications Holdings, Inc.* (Diversified Telecommunication Services) | 106 | 762 | ||||||
Constellium SE* (Metals & Mining) | 180 | 3,148 | ||||||
Construction Partners, Inc.* - Class A (Construction & Engineering) | 42 | 1,102 | ||||||
Convey Health Solutions Holdings, Inc.* (Health Care Technology) | 20 | 156 | ||||||
Cooper-Standard Holding, Inc.* (Auto Components) | 24 | 494 | ||||||
Corcept Therapeutics, Inc.* (Pharmaceuticals) | 139 | 2,609 | ||||||
CoreCard Corp.* (Software) | 11 | 408 | ||||||
CoreCivic, Inc.* (Equity Real Estate Investment Trusts) | 174 | 1,759 | ||||||
CorePoint Lodging, Inc.* (Equity Real Estate Investment Trusts) | 57 | 895 | ||||||
CorMedix, Inc.* (Pharmaceuticals) | 55 | 233 | ||||||
Cornerstone Building Brands, Inc.* (Building Products) | 79 | 1,165 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 164 | 4,143 | ||||||
Corsair Gaming, Inc.*(a) (Technology Hardware, Storage & Peripherals) | 40 | 782 | ||||||
Cortexyme, Inc.* (Biotechnology) | 29 | 176 | ||||||
CorVel Corp.* (Health Care Providers & Services) | 13 | 2,290 | ||||||
Costamare, Inc. (Marine) | 76 | 999 | ||||||
Couchbase, Inc.* (Software) | 14 | 328 | ||||||
Coursera, Inc.* (Diversified Consumer Services) | 106 | 2,153 | ||||||
Covenant Logistics Group, Inc.* - Class A (Road & Rail) | 18 | 391 | ||||||
Covetrus, Inc.* (Health Care Providers & Services) | 150 | 2,711 | ||||||
Cowen, Inc. - Class A (Capital Markets) | 38 | 1,204 | ||||||
CRA International, Inc. (Professional Services) | 10 | 851 | ||||||
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 34 | 4,051 | ||||||
Crawford & Co. - Class A (Insurance) | 24 | 183 | ||||||
Crescent Energy, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 43 | 571 | ||||||
Crinetics Pharmaceuticals, Inc.* (Biotechnology) | 67 | 1,266 | ||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods) | 85 | 8,723 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Cross Country Healthcare, Inc.* (Health Care Providers & Services) | 52 | $ | 1,119 | |||||
CrossFirst Bankshares, Inc.* (Banks) | 68 | 1,051 | ||||||
CryoPort, Inc.* (Health Care Equipment & Supplies) | 59 | 2,464 | ||||||
CS Disco, Inc.* (Software) | 11 | 378 | ||||||
CSG Systems International, Inc. (IT Services) | 47 | 2,668 | ||||||
CSW Industrials, Inc. (Building Products) | 22 | 2,442 | ||||||
CTO Realty Growth, Inc. (Equity Real Estate Investment Trusts) | 8 | 469 | ||||||
CTS Corp. (Electronic Equipment, Instruments & Components) | 46 | 1,543 | ||||||
Cue BioPharma, Inc.* (Biotechnology) | 45 | 333 | ||||||
Cue Health, Inc.* (Health Care Equipment & Supplies) | 21 | 184 | ||||||
Cullinan Oncology, Inc.* (Biotechnology) | 38 | 512 | ||||||
CuriosityStream, Inc.* (Entertainment) | 38 | 168 | ||||||
Curis, Inc.* (Biotechnology) | 126 | 402 | ||||||
Curo Group Holdings Corp. (Consumer Finance) | 30 | 430 | ||||||
Cushman & Wakefield PLC* (Real Estate Management & Development) | 201 | 4,219 | ||||||
Custom Truck One Source, Inc.* (Trading Companies & Distributors) | 67 | 551 | ||||||
Customers Bancorp, Inc.* (Banks) | 43 | 2,507 | ||||||
Cutera, Inc.* (Health Care Equipment & Supplies) | 25 | 910 | ||||||
CVB Financial Corp. (Banks) | 187 | 4,120 | ||||||
CVR Energy, Inc. (Oil, Gas & Consumable Fuels) | 43 | 840 | ||||||
CVRx, Inc.* (Health Care Equipment & Supplies) | 12 | 100 | ||||||
Cymabay Therapeutics, Inc.* (Pharmaceuticals) | 100 | 298 | ||||||
Cyteir Therapeutics, Inc.* (Pharmaceuticals) | 12 | 73 | ||||||
Cytek Biosciences, Inc.* (Life Sciences Tools & Services) | 23 | 335 | ||||||
Cytokinetics, Inc.* (Biotechnology) | 115 | 3,817 | ||||||
CytomX Therapeutics, Inc.* (Biotechnology) | 94 | 432 | ||||||
CytoSorbents Corp.* (Health Care Equipment & Supplies) | 60 | 223 | ||||||
Daily Journal Corp.* (Media) | 2 | 648 | ||||||
Daktronics, Inc.* (Electronic Equipment, Instruments & Components) | 53 | 260 | ||||||
Dana, Inc. (Auto Components) | 211 | 4,570 | ||||||
Danimer Scientific, Inc.* (Chemicals) | 131 | 656 | ||||||
DarioHealth Corp.* (Health Care Equipment & Supplies) | 20 | 175 | ||||||
Daseke, Inc.* (Road & Rail) | 58 | 648 | ||||||
Dave & Buster's Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 63 | 2,255 | ||||||
Day One Biopharmaceuticals, Inc.* (Biotechnology) | 16 | 236 | ||||||
Deciphera Pharmaceuticals, Inc.* (Biotechnology) | 57 | 481 | ||||||
Del Taco Restaurants, Inc. (Hotels, Restaurants & Leisure) | 43 | 536 | ||||||
Delek US Holdings, Inc.* (Oil, Gas & Consumable Fuels) | 95 | 1,474 | ||||||
Deluxe Corp. (Commercial Services & Supplies) | 61 | 1,836 | ||||||
Denali Therapeutics, Inc.* (Biotechnology) | 132 | 4,517 | ||||||
Denbury, Inc.* (Oil, Gas & Consumable Fuels) | 73 | 5,485 | ||||||
Denny's Corp.* (Hotels, Restaurants & Leisure) | 90 | 1,395 | ||||||
DermTech, Inc.* (Biotechnology) | 35 | 448 | ||||||
Design Therapeutics, Inc.* (Biotechnology) | 39 | 493 | ||||||
Designer Brands, Inc.* (Specialty Retail) | 87 | 1,146 | ||||||
Desktop Metal, Inc.* - Class A (Machinery) | 271 | 1,108 | ||||||
DHT Holdings, Inc. (Oil, Gas & Consumable Fuels) | 205 | 1,000 | ||||||
Diamond Hill Investment Group, Inc. (Capital Markets) | 4 | 747 | ||||||
DiamondRock Hospitality Co.* (Equity Real Estate Investment Trusts) | 303 | 2,833 | ||||||
DICE Therapeutics, Inc.* (Pharmaceuticals) | 20 | 341 | ||||||
Diebold Nixdorf, Inc.* (Technology Hardware, Storage & Peripherals) | 104 | 971 | ||||||
Digi International, Inc.* (Communications Equipment) | 49 | 1,095 | ||||||
Digimarc Corp.* (Software) | 18 | 571 | ||||||
Digital Media Solutions, Inc.* - Class A (Media) | 5 | 25 | ||||||
Digital Turbine, Inc.* (Software) | 132 | 5,828 | ||||||
DigitalBridge Group, Inc.* (Equity Real Estate Investment Trusts) | 703 | 5,132 | ||||||
DigitalOcean Holdings, Inc.* (IT Services) | 74 | 4,243 | ||||||
Dillard's, Inc. - Class A (Multiline Retail) | 8 | 2,030 | ||||||
Dime Community Bancshares, Inc. (Banks) | 50 | 1,748 | ||||||
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | 24 | 1,628 | ||||||
Diodes, Inc.* (Semiconductors & Semiconductor Equipment) | 63 | 5,846 | ||||||
Diversified Healthcare Trust (Equity Real Estate Investment Trusts) | 344 | 1,049 | ||||||
DMC Global, Inc.* (Energy Equipment & Services) | 27 | 1,089 | ||||||
Domo, Inc.* (Software) | 41 | 1,925 | ||||||
Donegal Group, Inc. - Class A (Insurance) | 21 | 301 | ||||||
Donnelley Financial Solutions, Inc.* (Capital Markets) | 43 | 1,600 | ||||||
Dorian LPG, Ltd. (Oil, Gas & Consumable Fuels) | 45 | 535 | ||||||
Dorman Products, Inc.* (Auto Components) | 38 | 3,558 | ||||||
Douglas Dynamics, Inc. (Machinery) | 33 | 1,205 | ||||||
Douglas Elliman, Inc.* (Real Estate Management & Development) | 104 | 807 | ||||||
Dril-Quip, Inc.* (Energy Equipment & Services) | 51 | 1,290 | ||||||
Drive Shack, Inc.* (Hotels, Restaurants & Leisure) | 120 | 168 | ||||||
Duckhorn Portfolio, Inc. (The)* (Beverages) | 52 | 1,038 | ||||||
Ducommun, Inc.* (Aerospace & Defense) | 16 | 700 | ||||||
Duluth Holdings, Inc.* - Class B (Internet & Direct Marketing Retail) | 18 | 271 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Durect Corp.* (Pharmaceuticals) | 328 | $ | 248 | |||||
DXP Enterprises, Inc.* (Trading Companies & Distributors) | 25 | 714 | ||||||
Dycom Industries, Inc.* (Construction & Engineering) | 43 | 3,624 | ||||||
Dynavax Technologies Corp.* (Biotechnology) | 156 | 2,023 | ||||||
Dyne Therapeutics, Inc.* (Biotechnology) | 44 | 326 | ||||||
Dynex Capital, Inc. (Mortgage Real Estate Investment Trusts) | 52 | 836 | ||||||
DZS, Inc.* (Communications Equipment) | 25 | 366 | ||||||
E2open Parent Holdings, Inc.* (Software) | 289 | 2,688 | ||||||
Eagle Bancorp, Inc. (Banks) | 46 | 2,759 | ||||||
Eagle Bulk Shipping, Inc. (Marine) | 14 | 627 | ||||||
Eagle Pharmaceuticals, Inc.* (Biotechnology) | 17 | 781 | ||||||
Eargo, Inc.* (Health Care Equipment & Supplies) | 44 | 212 | ||||||
Earthstone Energy, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 37 | 505 | ||||||
Easterly Government Properties, Inc. (Equity Real Estate Investment Trusts) | 126 | 2,642 | ||||||
Eastern Bankshares, Inc. (Banks) | 249 | 5,301 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 59 | 11,796 | ||||||
Eastman Kodak Co.* (Technology Hardware, Storage & Peripherals) | 65 | 255 | ||||||
Ebix, Inc. (Software) | 38 | 1,155 | ||||||
EchoStar Corp.* - Class A (Communications Equipment) | 54 | 1,279 | ||||||
Ecovyst, Inc. (Chemicals) | 74 | 757 | ||||||
Edgewell Personal Care Co. (Personal Products) | 79 | 3,618 | ||||||
Edgewise Therapeutics, Inc.* (Pharmaceuticals) | 56 | 762 | ||||||
Editas Medicine, Inc.* (Biotechnology) | 99 | 1,885 | ||||||
eGain Corp.* (Software) | 30 | 310 | ||||||
eHealth, Inc.* (Insurance) | 36 | 787 | ||||||
Eiger Biopharmaceuticals, Inc.* (Biotechnology) | 46 | 199 | ||||||
El Pollo Loco Holdings, Inc.* (Hotels, Restaurants & Leisure) | 28 | 374 | ||||||
elf Beauty, Inc.* (Personal Products) | 70 | 2,069 | ||||||
Eliem Therapeutics, Inc.* (Biotechnology) | 10 | 90 | ||||||
Ellington Financial, Inc. (Mortgage Real Estate Investment Trusts) | 78 | 1,386 | ||||||
EMCOR Group, Inc. (Construction & Engineering) | 77 | 9,179 | ||||||
EMCORE Corp.* (Communications Equipment) | 53 | 308 | ||||||
Emerald Holding, Inc.* (Media) | 34 | 111 | ||||||
Emergent BioSolutions, Inc.* (Biotechnology) | 71 | 3,323 | ||||||
Empire State Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 208 | 1,855 | ||||||
Employers Holdings, Inc. (Insurance) | 41 | 1,603 | ||||||
Enact Holdings, Inc. (Thrifts & Mortgage Finance) | 21 | 459 | ||||||
Enanta Pharmaceuticals, Inc.* (Biotechnology) | 28 | 1,664 | ||||||
Encore Capital Group, Inc.* (Consumer Finance) | 42 | 2,709 | ||||||
Encore Wire Corp. (Electrical Equipment) | 29 | 3,268 | ||||||
Endo International PLC* (Pharmaceuticals) | 332 | 1,059 | ||||||
Energizer Holdings, Inc. (Household Products) | 99 | 3,724 | ||||||
Energy Fuels, Inc.* (Oil, Gas & Consumable Fuels) | 224 | 1,382 | ||||||
Energy Recovery, Inc.* (Machinery) | 60 | 1,175 | ||||||
Enerpac Tool Group Corp. (Machinery) | 88 | 1,571 | ||||||
EnerSys (Electrical Equipment) | 62 | 4,646 | ||||||
Enfusion, Inc.* - Class A (Software) | 32 | 442 | ||||||
EngageSmart, Inc.* (Software) | 23 | 503 | ||||||
Ennis, Inc. (Commercial Services & Supplies) | 37 | 700 | ||||||
Enova International, Inc.* (Consumer Finance) | 53 | 2,135 | ||||||
EnPro Industries, Inc. (Machinery) | 30 | 3,151 | ||||||
Enstar Group, Ltd.* (Insurance) | 18 | 4,771 | ||||||
Entercom Communications Corp.* (Media) | 171 | 414 | ||||||
Enterprise Bancorp, Inc. (Banks) | 13 | 555 | ||||||
Enterprise Financial Services Corp. (Banks) | 51 | 2,527 | ||||||
Entrada Therapeutics, Inc.* (Biotechnology) | 13 | 144 | ||||||
Entravision Communications Corp. - Class A (Media) | 87 | 527 | ||||||
Envestnet, Inc.* (Software) | 79 | 5,841 | ||||||
Eos Energy Enterprises, Inc.* (Electrical Equipment) | 64 | 265 | ||||||
Epizyme, Inc.* (Biotechnology) | 133 | 164 | ||||||
ePlus, Inc.* (Electronic Equipment, Instruments & Components) | 39 | 1,793 | ||||||
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 593 | 4,809 | ||||||
Equity Bancshares, Inc. - Class A (Banks) | 20 | 641 | ||||||
Equity Commonwealth* (Equity Real Estate Investment Trusts) | 170 | 4,427 | ||||||
Erasca, Inc.*(a) (Biotechnology) | 31 | 367 | ||||||
Eros STX Global Corp.* (Entertainment) | 460 | 98 | ||||||
Escalade, Inc. (Leisure Products) | 14 | 200 | ||||||
ESCO Technologies, Inc. (Machinery) | 37 | 2,952 | ||||||
Esperion Therapeutics, Inc.* (Biotechnology) | 39 | 167 | ||||||
Esports Technologies, Inc.* (Hotels, Restaurants & Leisure) | 16 | 192 | ||||||
Essent Group, Ltd. (Thrifts & Mortgage Finance) | 157 | 7,165 | ||||||
Essential Properties Realty Trust, Inc. (Real Estate Management & Development) | 176 | 4,672 | ||||||
Ethan Allen Interiors, Inc. (Household Durables) | 33 | 832 | ||||||
European Wax Center, Inc.* - Class A (Diversified Consumer Services) | 19 | 464 | ||||||
Evelo Biosciences, Inc.* (Biotechnology) | 44 | 207 | ||||||
Eventbrite, Inc.* (Interactive Media & Services) | 111 | 1,591 | ||||||
EverCommerce, Inc.* (Software) | 24 | 288 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Everi Holdings, Inc.* (Hotels, Restaurants & Leisure) | 124 | $ | 2,451 | |||||
EverQuote, Inc.* - Class A (Interactive Media & Services) | 28 | 461 | ||||||
EVERTEC, Inc. (IT Services) | 88 | 3,840 | ||||||
EVI Industries, Inc.* (Trading Companies & Distributors) | 8 | 177 | ||||||
Evo Payments, Inc.* (IT Services) | 69 | 1,664 | ||||||
Evolent Health, Inc.* (Health Care Technology) | 116 | 2,750 | ||||||
Evolus, Inc.* (Pharmaceuticals) | 48 | 356 | ||||||
Evoqua Water Technologies Corp.* (Machinery) | 168 | 6,803 | ||||||
Exagen, Inc.* (Health Care Providers & Services) | 15 | 147 | ||||||
ExlService Holdings, Inc.* (IT Services) | 48 | 5,786 | ||||||
eXp World Holdings, Inc. (Real Estate Management & Development) | 91 | 2,470 | ||||||
Exponent, Inc. (Professional Services) | 75 | 7,123 | ||||||
Expro Group Holdings N.V.* (Energy Equipment & Services) | 67 | 1,049 | ||||||
Extreme Networks, Inc.* (Communications Equipment) | 184 | 2,335 | ||||||
EyePoint Pharmaceuticals, Inc.* (Pharmaceuticals) | 31 | 290 | ||||||
EZCORP, Inc.* - Class A (Consumer Finance) | 71 | 424 | ||||||
F45 Training Holdings, Inc.* (Hotels, Restaurants & Leisure) | 30 | 375 | ||||||
Fabrinet* (Electronic Equipment, Instruments & Components) | 54 | 6,111 | ||||||
Falcon Minerals Corp. (Oil, Gas & Consumable Fuels) | 57 | 295 | ||||||
Farmers National Bancorp (Banks) | 45 | 785 | ||||||
Farmland Partners, Inc. (Equity Real Estate Investment Trusts) | 41 | 467 | ||||||
FARO Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 26 | 1,412 | ||||||
Fate Therapeutics, Inc.* (Biotechnology) | 118 | 4,898 | ||||||
Fathom Holdings, Inc.* (Real Estate Management & Development) | 9 | 129 | ||||||
FB Financial Corp. (Banks) | 48 | 2,137 | ||||||
Federal Agricultural Mortgage Corp. (Thrifts & Mortgage Finance) | 13 | 1,583 | ||||||
Federal Signal Corp. (Machinery) | 87 | 3,395 | ||||||
Federated Hermes, Inc. - Class B (Capital Markets) | 135 | 4,470 | ||||||
Ferro Corp.* (Chemicals) | 119 | 2,594 | ||||||
FibroGen, Inc.* (Biotechnology) | 125 | 1,886 | ||||||
Fidelity D&D Bancorp, Inc. (Banks) | 6 | 316 | ||||||
Fiesta Restaurant Group, Inc.* (Hotels, Restaurants & Leisure) | 26 | 246 | ||||||
Finance Of America Cos., Inc.* - Class A (Thrifts & Mortgage Finance) | 27 | 101 | ||||||
Financial Institutions, Inc. (Banks) | 23 | 742 | ||||||
Finch Therapeutics Group, Inc.* (Biotechnology) | 8 | 68 | ||||||
First Advantage Corp.* (Professional Services) | 80 | 1,354 | ||||||
First Bancorp (Banks) | 50 | 2,196 | ||||||
First Bancorp (Banks) | 294 | 4,278 | ||||||
First Bancshares, Inc. (Banks) | 29 | 1,046 | ||||||
First Bank/Hamilton NJ (Banks) | 23 | 337 | ||||||
First Busey Corp. (Banks) | 73 | 2,035 | ||||||
First Commonwealth Financial Corp. (Banks) | 137 | 2,269 | ||||||
First Community Bancshares, Inc. (Banks) | 24 | 749 | ||||||
First Financial Bancorp (Banks) | 134 | 3,378 | ||||||
First Financial Bankshares, Inc. (Banks) | 188 | 8,833 | ||||||
First Financial Corp. (Banks) | 17 | 763 | ||||||
First Foundation, Inc. (Banks) | 58 | 1,517 | ||||||
First Internet Bancorp (Banks) | 13 | 653 | ||||||
First Interstate BancSystem - Class A (Banks) | 127 | 4,667 | ||||||
First Merchants Corp. (Banks) | 83 | 3,522 | ||||||
First Mid Bancshares, Inc. (Banks) | 24 | 988 | ||||||
First Midwest Bancorp, Inc. (Banks) | 165 | 3,427 | ||||||
First of Long Island Corp. (Banks) | 33 | 723 | ||||||
First Watch Restaurant Group, Inc.* (Hotels, Restaurants & Leisure) | 16 | 241 | ||||||
FirstCash Holdings, Inc. (Consumer Finance) | 58 | 4,044 | ||||||
Fisker, Inc.*(a) (Automobiles) | 237 | 2,799 | ||||||
Five Star Bancorp (Banks) | 18 | 558 | ||||||
Flagstar Bancorp, Inc. (Thrifts & Mortgage Finance) | 76 | 3,439 | ||||||
Flexsteel Industries, Inc. (Household Durables) | 9 | 224 | ||||||
Fluent, Inc.* (Media) | 63 | 101 | ||||||
Fluidigm Corp.* (Life Sciences Tools & Services) | 110 | 360 | ||||||
Fluor Corp.* (Construction & Engineering) | 206 | 4,334 | ||||||
Flushing Financial Corp. (Banks) | 43 | 1,015 | ||||||
Flywire Corp.* (IT Services) | 91 | 2,565 | ||||||
Focus Financial Partners, Inc.* (Capital Markets) | 86 | 4,331 | ||||||
Foghorn Therapeutics, Inc.* (Pharmaceuticals) | 28 | 431 | ||||||
Forestar Group, Inc.* (Real Estate Management & Development) | 25 | 499 | ||||||
Forian, Inc.* (Health Care Technology) | 27 | 223 | ||||||
Forma Therapeutics Holdings, Inc.* (Biotechnology) | 49 | 580 | ||||||
FormFactor, Inc.* (Semiconductors & Semiconductor Equipment) | 113 | 4,830 | ||||||
Forrester Research, Inc.* (Professional Services) | 16 | 880 | ||||||
Forte Biosciences, Inc.* (Biotechnology) | 16 | 27 | ||||||
Forterra, Inc.* (Construction Materials) | 42 | 986 | ||||||
Fortress Biotech, Inc.* (Biotechnology) | 108 | 226 | ||||||
Forward Air Corp. (Air Freight & Logistics) | 39 | 4,145 | ||||||
Fossil Group, Inc.* (Textiles, Apparel & Luxury Goods) | 69 | 765 | ||||||
Four Corners Property Trust, Inc. (Equity Real Estate Investment Trusts) | 112 | 3,032 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Fox Factory Holding Corp.* (Auto Components) | 61 | $ | 8,117 | |||||
Franchise Group, Inc. (Diversified Consumer Services) | 41 | 2,053 | ||||||
Franklin BSP Realty Trust, Inc. (Mortgage Real Estate Investment Trusts) | 52 | 700 | ||||||
Franklin Covey Co.* (Professional Services) | 18 | 843 | ||||||
Franklin Electric Co., Inc. (Machinery) | 67 | 5,815 | ||||||
Franklin Street Properties Corp. (Equity Real Estate Investment Trusts) | 147 | 816 | ||||||
Frequency Therapeutics, Inc.* (Biotechnology) | 46 | 247 | ||||||
Fresh Del Monte Produce, Inc. (Food Products) | 49 | 1,364 | ||||||
Frontier Group Holdings, Inc.* (Airlines) | 50 | 654 | ||||||
Frontline, Ltd.* (Oil, Gas & Consumable Fuels) | 173 | 1,137 | ||||||
FRP Holdings, Inc.* (Real Estate Management & Development) | 10 | 565 | ||||||
FS Bancorp, Inc. (Thrifts & Mortgage Finance) | 10 | 332 | ||||||
FTC Solar, Inc.* (Electrical Equipment) | 28 | 118 | ||||||
FTS International, Inc.* - Class A (Energy Equipment & Services) | 13 | 343 | ||||||
fuboTV, Inc.* (Software) | 196 | 2,105 | ||||||
FuelCell Energy, Inc.* (Electrical Equipment) | 536 | 2,273 | ||||||
Fulcrum Therapeutics, Inc.* (Pharmaceuticals) | 40 | 486 | ||||||
Fulgent Genetics, Inc.* (Health Care Providers & Services) | 30 | 1,916 | ||||||
Full House Resorts, Inc.* (Hotels, Restaurants & Leisure) | 47 | 415 | ||||||
Fulton Financial Corp. (Banks) | 230 | 4,129 | ||||||
Funko, Inc.* (Distributors) | 39 | 674 | ||||||
FutureFuel Corp. (Chemicals) | 37 | 289 | ||||||
G1 Therapeutics, Inc.* (Biotechnology) | 57 | 575 | ||||||
GAMCO Investors, Inc. - Class A (Capital Markets) | 7 | 158 | ||||||
GAN, Ltd.* (Hotels, Restaurants & Leisure) | 58 | 400 | ||||||
Gannett Co., Inc.* (Media) | 204 | 991 | ||||||
Gatos Silver, Inc.* (Metals & Mining) | 67 | 208 | ||||||
GATX Corp. (Trading Companies & Distributors) | 51 | 5,327 | ||||||
GCM Grosvenor, Inc. - Class A (Capital Markets) | 64 | 582 | ||||||
GCP Applied Technologies, Inc.* (Chemicals) | 71 | 2,265 | ||||||
Gemini Therapeutics, Inc.* (Biotechnology) | 32 | 63 | ||||||
Genco Shipping & Trading, Ltd. (Marine) | 47 | 731 | ||||||
Generation Bio Co.* (Biotechnology) | 63 | 410 | ||||||
Genesco, Inc.* (Specialty Retail) | 21 | 1,351 | ||||||
Genius Brands International, Inc.* (Leisure Products) | 409 | 360 | ||||||
Gentherm, Inc.* (Auto Components) | 48 | 4,195 | ||||||
Genworth Financial, Inc.* (Insurance) | 736 | 2,870 | ||||||
German American Bancorp, Inc. (Banks) | 36 | 1,426 | ||||||
Geron Corp.* (Biotechnology) | 442 | 495 | ||||||
Getty Realty Corp. (Equity Real Estate Investment Trusts) | 59 | 1,751 | ||||||
Gevo, Inc.* (Oil, Gas & Consumable Fuels) | 288 | 985 | ||||||
Gibraltar Industries, Inc.* (Building Products) | 48 | 2,630 | ||||||
G-III Apparel Group, Ltd.* (Textiles, Apparel & Luxury Goods) | 64 | 1,739 | ||||||
Glacier Bancorp, Inc. (Banks) | 160 | 8,308 | ||||||
Gladstone Commercial Corp. (Equity Real Estate Investment Trusts) | 54 | 1,252 | ||||||
Gladstone Land Corp. (Equity Real Estate Investment Trusts) | 45 | 1,372 | ||||||
Glatfelter Corp. (Paper & Forest Products) | 63 | 1,094 | ||||||
Glaukos Corp.* (Health Care Equipment & Supplies) | 66 | 3,514 | ||||||
Global Blood Therapeutics, Inc.* (Biotechnology) | 90 | 2,597 | ||||||
Global Industrial Co. (Trading Companies & Distributors) | 18 | 629 | ||||||
Global Medical REIT, Inc. (Equity Real Estate Investment Trusts) | 87 | 1,471 | ||||||
Global Net Lease, Inc. (Equity Real Estate Investment Trusts) | 151 | 2,165 | ||||||
Global Water Resources, Inc. (Water Utilities) | 18 | 276 | ||||||
Globalstar, Inc.* (Diversified Telecommunication Services) | 880 | 942 | ||||||
GMS, Inc.* (Trading Companies & Distributors) | 62 | 3,173 | ||||||
Gogo, Inc.* (Wireless Telecommunication Services) | 86 | 1,071 | ||||||
Golar LNG, Ltd.* (Oil, Gas & Consumable Fuels) | 147 | 2,109 | ||||||
Golden Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 25 | 1,125 | ||||||
Golden Nugget Online Gaming, Inc.* (Hotels, Restaurants & Leisure) | 58 | 466 | ||||||
Goosehead Insurance, Inc. (Insurance) | 26 | 2,563 | ||||||
GoPro, Inc.* - Class A (Household Durables) | 187 | 1,657 | ||||||
Gorman-Rupp Co. (Machinery) | 33 | 1,324 | ||||||
Gossamer Bio, Inc.* (Biotechnology) | 90 | 863 | ||||||
GrafTech International, Ltd. (Electrical Equipment) | 291 | 3,050 | ||||||
Graham Holdings Co. - Class B (Diversified Consumer Services) | 6 | 3,570 | ||||||
Granite Construction, Inc. (Construction & Engineering) | 66 | 2,375 | ||||||
Granite Point Mortgage Trust, Inc. (Mortgage Real Estate Investment Trusts) | 77 | 932 | ||||||
Graphite Bio, Inc.* (Biotechnology) | 24 | 224 | ||||||
Gray Television, Inc. (Media) | 124 | 2,585 | ||||||
Great Ajax Corp. (Mortgage Real Estate Investment Trusts) | 31 | 404 | ||||||
Great Lakes Dredge & Dock Corp.* (Construction & Engineering) | 94 | 1,287 | ||||||
Great Southern Bancorp, Inc. (Banks) | 15 | 890 | ||||||
Green Brick Partners, Inc.* (Household Durables) | 45 | 1,066 | ||||||
Green Dot Corp.* - Class A (Consumer Finance) | 78 | 2,473 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Green Plains, Inc.* (Oil, Gas & Consumable Fuels) | 69 | $ | 2,107 | |||||
GreenBox POS* (IT Services) | 26 | 100 | ||||||
Greenhill & Co., Inc. (Capital Markets) | 20 | 334 | ||||||
Greenlane Holdings, Inc.* - Class A (Distributors) | 24 | 18 | ||||||
Greenlight Capital Re, Ltd.* - Class A (Insurance) | 38 | 275 | ||||||
Greenwich Lifesciences, Inc.* (Biotechnology) | 6 | 111 | ||||||
Greif, Inc. - Class A (Containers & Packaging) | 37 | 2,189 | ||||||
Greif, Inc. - Class B (Containers & Packaging) | 9 | 535 | ||||||
Grid Dynamics Holdings, Inc.* (IT Services) | 66 | 1,759 | ||||||
Griffon Corp. (Building Products) | 67 | 1,500 | ||||||
Gritstone bio, Inc.* (Biotechnology) | 62 | 339 | ||||||
Group 1 Automotive, Inc. (Specialty Retail) | 25 | 4,245 | ||||||
Groupon, Inc.* (Internet & Direct Marketing Retail) | 34 | 1,038 | ||||||
GrowGeneration Corp.* (Specialty Retail) | 80 | 675 | ||||||
GT Biopharma, Inc.* (Biotechnology) | 26 | 81 | ||||||
GTY Technology Holdings, Inc.* (Software) | 47 | 237 | ||||||
Guaranty Bancshares, Inc. (Banks) | 12 | 426 | ||||||
Guess?, Inc. (Specialty Retail) | 58 | 1,335 | ||||||
H&E Equipment Services, Inc. (Trading Companies & Distributors) | 47 | 1,957 | ||||||
H.B. Fuller Co. (Chemicals) | 76 | 5,455 | ||||||
Haemonetics Corp.* (Health Care Equipment & Supplies) | 73 | 3,530 | ||||||
Hall of Fame Resort & Entertainment Co.* (Hotels, Restaurants & Leisure) | 81 | 94 | ||||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 201 | 6,957 | ||||||
Hamilton Beach Brands Holding Co. - Class A (Household Durables) | 11 | 152 | ||||||
Hamilton Lane, Inc. (Capital Markets) | 51 | 4,613 | ||||||
Hancock Whitney Corp. (Banks) | 125 | 6,590 | ||||||
Hanger, Inc.* (Health Care Providers & Services) | 54 | 979 | ||||||
Hanmi Financial Corp. (Banks) | 44 | 1,183 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. - Class I (Mortgage Real Estate Investment Trusts) | 111 | 4,604 | ||||||
HarborOne Bancorp, Inc. (Banks) | 69 | 980 | ||||||
Harmonic, Inc.* (Communications Equipment) | 131 | 1,410 | ||||||
Harmony Biosciences Holdings, Inc.* (Pharmaceuticals) | 33 | 1,183 | ||||||
Harpoon Therapeutics, Inc.* (Biotechnology) | 27 | 143 | ||||||
Harsco Corp.* (Machinery) | 114 | 1,790 | ||||||
Harvard Bioscience, Inc.* (Life Sciences Tools & Services) | 57 | 332 | ||||||
Haverty Furniture Cos., Inc. (Specialty Retail) | 24 | 708 | ||||||
Hawaiian Holdings, Inc.* (Airlines) | 73 | 1,248 | ||||||
Hawkins, Inc. (Chemicals) | 28 | 1,045 | ||||||
Haynes International, Inc. (Metals & Mining) | 18 | 677 | ||||||
HBT Financial, Inc. (Banks) | 15 | 279 | ||||||
HCI Group, Inc. (Insurance) | 8 | 543 | ||||||
Health Catalyst, Inc.* (Health Care Technology) | 76 | 2,269 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 214 | 6,638 | ||||||
Healthcare Services Group, Inc. (Commercial Services & Supplies) | 109 | 1,983 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 119 | 6,359 | ||||||
HealthStream, Inc.* (Health Care Technology) | 37 | 901 | ||||||
Heartland Express, Inc. (Road & Rail) | 68 | 1,017 | ||||||
Heartland Financial USA, Inc. (Banks) | 58 | 3,018 | ||||||
Hecla Mining Co. (Metals & Mining) | 770 | 3,819 | ||||||
Heidrick & Struggles International, Inc. (Professional Services) | 28 | 1,226 | ||||||
Helen of Troy, Ltd.* (Household Durables) | 35 | 7,327 | ||||||
Helios Technologies, Inc. (Machinery) | 47 | 3,602 | ||||||
Helix Energy Solutions Group, Inc.* (Energy Equipment & Services) | 207 | 731 | ||||||
Helmerich & Payne, Inc. (Energy Equipment & Services) | 153 | 4,391 | ||||||
Hemisphere Media Group, Inc.* (Media) | 23 | 149 | ||||||
Herc Holdings, Inc. (Trading Companies & Distributors) | 36 | 5,776 | ||||||
Heritage Commerce Corp. (Banks) | 85 | 1,059 | ||||||
Heritage Financial Corp. (Banks) | 50 | 1,213 | ||||||
Heritage Insurance Holdings, Inc. (Insurance) | 37 | 231 | ||||||
Heritage-Crystal Clean, Inc.* (Commercial Services & Supplies) | 23 | 658 | ||||||
Heron Therapeutics, Inc.* (Biotechnology) | 134 | 1,167 | ||||||
Hersha Hospitality Trust* (Equity Real Estate Investment Trusts) | 47 | 424 | ||||||
Heska Corp.* (Health Care Equipment & Supplies) | 14 | 1,926 | ||||||
HF Foods Group, Inc.* (Food & Staples Retailing) | 52 | 361 | ||||||
Hibbett, Inc. (Specialty Retail) | 22 | 1,356 | ||||||
HighPeak Energy, Inc. (Oil, Gas & Consumable Fuels) | 7 | 124 | ||||||
Hillenbrand, Inc. (Machinery) | 106 | 4,927 | ||||||
Hilltop Holdings, Inc. (Banks) | 90 | 2,973 | ||||||
Hilton Grand Vacations, Inc.* (Hotels, Restaurants & Leisure) | 124 | 6,058 | ||||||
Hingham Institution For Savings The (Thrifts & Mortgage Finance) | 2 | 776 | ||||||
HireQuest, Inc. (Professional Services) | 7 | 130 | ||||||
HireRight Holdings Corp.* (Professional Services) | 33 | 449 | ||||||
HNI Corp. (Commercial Services & Supplies) | 63 | 2,642 | ||||||
Home Bancorp, Inc. (Thrifts & Mortgage Finance) | 11 | 427 | ||||||
Home BancShares, Inc. (Banks) | 221 | 5,207 | ||||||
Home Point Capital, Inc. (Thrifts & Mortgage Finance) | 11 | 44 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
HomeStreet, Inc. (Thrifts & Mortgage Finance) | 29 | $ | 1,414 | |||||
HomeTrust Bancshares, Inc. (Banks) | 22 | 685 | ||||||
Homology Medicines, Inc.* (Biotechnology) | 61 | 227 | ||||||
Honest Co., Inc. (The)* (Personal Products) | 123 | 798 | ||||||
Hooker Furnishings Corp. (Household Durables) | 17 | 375 | ||||||
Hookipa Pharma, Inc.* (Biotechnology) | 28 | 42 | ||||||
Hope Bancorp, Inc. (Banks) | 168 | 2,814 | ||||||
Horace Mann Educators Corp. (Insurance) | 61 | 2,319 | ||||||
Horizon Bancorp, Inc. (Banks) | 62 | 1,322 | ||||||
Hostess Brands, Inc.* (Food Products) | 200 | 4,104 | ||||||
Houghton Mifflin Harcourt Co.* (Diversified Consumer Services) | 184 | 3,313 | ||||||
Houlihan Lokey, Inc. (Capital Markets) | 74 | 7,864 | ||||||
Hovnanian Enterprises, Inc.* - Class A (Household Durables) | 8 | 775 | ||||||
Hub Group, Inc.* - Class A (Air Freight & Logistics) | 48 | 3,635 | ||||||
Humanigen, Inc.* (Biotechnology) | 71 | 183 | ||||||
Huron Consulting Group, Inc.* (Professional Services) | 31 | 1,368 | ||||||
Hydrofarm Holdings Group, Inc.* (Machinery) | 56 | 1,098 | ||||||
Hyliion Holdings Corp.* (Machinery) | 170 | 757 | ||||||
HyreCar, Inc.* (Diversified Consumer Services) | 26 | 88 | ||||||
Hyster-Yale Materials Handling, Inc. (Machinery) | 14 | 628 | ||||||
I3 Verticals, Inc.* - Class A (IT Services) | 31 | 717 | ||||||
IBEX, Ltd.* (Commercial Services & Supplies) | 8 | 116 | ||||||
iBio, Inc.* (Biotechnology) | 313 | 150 | ||||||
iCAD, Inc.* (Health Care Technology) | 32 | 179 | ||||||
ICF International, Inc. (Professional Services) | 27 | 2,549 | ||||||
Ichor Holdings, Ltd.* (Semiconductors & Semiconductor Equipment) | 41 | 1,739 | ||||||
Icosavax, Inc.* (Biotechnology) | 19 | 290 | ||||||
Ideanomics, Inc.* (Software) | 637 | 682 | ||||||
Ideaya Biosciences, Inc.* (Biotechnology) | 47 | 779 | ||||||
Identiv, Inc.* (Electronic Equipment, Instruments & Components) | 31 | 599 | ||||||
IDT Corp.* - Class B (Diversified Telecommunication Services) | 29 | 1,088 | ||||||
IES Holdings, Inc.* (Construction & Engineering) | 13 | 641 | ||||||
IGM Biosciences, Inc.* (Biotechnology) | 12 | 212 | ||||||
iHeartMedia, Inc.* - Class A (Media) | 162 | 3,264 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 154 | 9,763 | ||||||
Ikena Oncology, Inc.* (Biotechnology) | 40 | 389 | ||||||
Imago Biosciences, Inc.* (Biotechnology) | 14 | 283 | ||||||
IMAX Corp.* (Entertainment) | 72 | 1,242 | ||||||
Immuneering Corp.* - Class A (Biotechnology) | 12 | 120 | ||||||
Immunic, Inc.* (Biotechnology) | 27 | 318 | ||||||
ImmunityBio, Inc.* (Biotechnology) | 99 | 576 | ||||||
ImmunoGen, Inc.* (Biotechnology) | 287 | 1,622 | ||||||
Immunovant, Inc.* (Biotechnology) | 58 | 405 | ||||||
Impel Neuropharma, Inc.* (Biotechnology) | 8 | 70 | ||||||
Impinj, Inc.* (Semiconductors & Semiconductor Equipment) | 27 | 2,144 | ||||||
Inari Medical, Inc.* (Health Care Equipment & Supplies) | 50 | 3,678 | ||||||
Independence Holding Co. (Insurance) | 6 | 342 | ||||||
Independence Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 152 | 3,494 | ||||||
Independent Bank Corp. (Banks) | 30 | 734 | ||||||
Independent Bank Corp. (Banks) | 66 | 5,567 | ||||||
Independent Bank Group, Inc. (Banks) | 55 | 4,176 | ||||||
Indus Realty Trust, Inc. (Real Estate Management & Development) | 8 | 628 | ||||||
Industrial Logistics Properties Trust (Equity Real Estate Investment Trusts) | 94 | 2,155 | ||||||
Infinera Corp.* (Communications Equipment) | 265 | 2,231 | ||||||
Infinity Pharmaceuticals, Inc.* (Biotechnology) | 127 | 157 | ||||||
Infrastructure and Energy Alternatives, Inc.* (Construction & Engineering) | 40 | 361 | ||||||
InfuSystem Holdings, Inc.* (Health Care Providers & Services) | 26 | 393 | ||||||
Ingevity Corp.* (Chemicals) | 58 | 3,823 | ||||||
Ingles Markets, Inc. (Food & Staples Retailing) | 20 | 1,539 | ||||||
Inhibrx, Inc.* (Biotechnology) | 40 | 1,062 | ||||||
Innospec, Inc. (Chemicals) | 36 | 3,347 | ||||||
Innovage Holding Corp.* (Health Care Providers & Services) | 27 | 141 | ||||||
INNOVATE Corp.* (Construction & Engineering) | 69 | 271 | ||||||
Innovative Industrial Properties, Inc. (Equity Real Estate Investment Trusts) | 34 | 6,738 | ||||||
Innoviva, Inc.* (Pharmaceuticals) | 63 | 1,010 | ||||||
Inogen, Inc.* (Health Care Equipment & Supplies) | 29 | 862 | ||||||
Inotiv, Inc.* (Life Sciences Tools & Services) | 21 | 672 | ||||||
Inovio Pharmaceuticals, Inc.* (Biotechnology) | 300 | 1,242 | ||||||
Inozyme Pharma, Inc.* (Biotechnology) | 21 | 140 | ||||||
Inseego Corp.* (Communications Equipment) | 124 | 565 | ||||||
Insight Enterprises, Inc.* (Electronic Equipment, Instruments & Components) | 50 | 4,708 | ||||||
Insmed, Inc.* (Biotechnology) | 171 | 3,878 | ||||||
Insperity, Inc. (Professional Services) | 53 | 5,698 | ||||||
Inspire Medical Systems, Inc.* (Health Care Technology) | 39 | 8,630 | ||||||
Installed Building Products, Inc. (Household Durables) | 34 | 3,767 | ||||||
Insteel Industries, Inc. (Building Products) | 27 | 1,021 | ||||||
Instil Bio, Inc.* (Biotechnology) | 78 | 906 | ||||||
Instructure Holdings, Inc.* (Software) | 18 | 416 | ||||||
Intapp, Inc.* (Software) | 15 | 302 | ||||||
Integer Holdings Corp.* (Health Care Equipment & Supplies) | 48 | 3,764 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Integral Ad Science Holding Corp.* (Technology Hardware, Storage & Peripherals) | 25 | $ | 419 | |||||
Intellia Therapeutics, Inc.* (Biotechnology) | 101 | 9,552 | ||||||
Inter Parfums, Inc. (Personal Products) | 26 | 2,573 | ||||||
Intercept Pharmaceuticals, Inc.* (Biotechnology) | 36 | 590 | ||||||
InterDigital, Inc. (Communications Equipment) | 45 | 3,106 | ||||||
Interface, Inc. (Commercial Services & Supplies) | 84 | 1,114 | ||||||
International Bancshares Corp. (Banks) | 78 | 3,278 | ||||||
International Game Technology PLC (Hotels, Restaurants & Leisure) | 145 | 3,882 | ||||||
International Money Express, Inc.* (IT Services) | 47 | 752 | ||||||
International Seaways, Inc. (Oil, Gas & Consumable Fuels) | 67 | 978 | ||||||
Intersect ENT, Inc.* (Pharmaceuticals) | 48 | 1,315 | ||||||
Intra-Cellular Therapies, Inc.* (Pharmaceuticals) | 114 | 5,415 | ||||||
Intrepid Potash, Inc.* (Chemicals) | 14 | 543 | ||||||
Invacare Corp.* (Health Care Equipment & Supplies) | 49 | 110 | ||||||
Invesco Mortgage Capital, Inc. (Mortgage Real Estate Investment Trusts) | 455 | 1,219 | ||||||
Investors Bancorp, Inc. (Banks) | 332 | 5,418 | ||||||
Investors Title Co. (Insurance) | 2 | 400 | ||||||
Invitae Corp.* (Biotechnology) | 291 | 3,271 | ||||||
iRadimed Corp.* (Health Care Equipment & Supplies) | 9 | 358 | ||||||
iRhythm Technologies, Inc.* (Health Care Equipment & Supplies) | 43 | 5,368 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 171 | 6,136 | ||||||
iRobot Corp.* (Household Durables) | 39 | 2,555 | ||||||
Ironwood Pharmaceuticals, Inc.* (Biotechnology) | 213 | 2,375 | ||||||
IsoPlexis Corp.* (Life Sciences Tools & Services) | 12 | 74 | ||||||
iStar, Inc. (Equity Real Estate Investment Trusts) | 97 | 2,083 | ||||||
iTeos Therapeutics, Inc.* (Biotechnology) | 29 | 1,062 | ||||||
Iteris, Inc.* (Electronic Equipment, Instruments & Components) | 61 | 243 | ||||||
Itron, Inc.* (Electronic Equipment, Instruments & Components) | 66 | 4,092 | ||||||
IVERIC bio, Inc.* (Biotechnology) | 167 | 2,328 | ||||||
J & J Snack Foods Corp. (Food Products) | 21 | 3,185 | ||||||
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 32 | 2,914 | ||||||
James River Group Holdings, Ltd. (Insurance) | 53 | 1,501 | ||||||
Janux Therapeutics, Inc.* (Biotechnology) | 19 | 289 | ||||||
JELD-WEN Holding, Inc.* (Building Products) | 133 | 3,139 | ||||||
JFrog, Ltd.* (Software) | 77 | 2,057 | ||||||
JOANN, Inc. (Specialty Retail) | 17 | 182 | ||||||
John B Sanfilippo & Son, Inc. (Food Products) | 13 | 1,028 | ||||||
John Bean Technologies Corp. (Machinery) | 45 | 6,074 | ||||||
John Wiley & Sons, Inc. - Class A (Media) | 63 | 3,197 | ||||||
Johnson Outdoors, Inc. - Class A (Leisure Products) | 8 | 722 | ||||||
Jounce Therapeutics, Inc.* (Biotechnology) | 48 | 359 | ||||||
Kadant, Inc. (Machinery) | 17 | 3,553 | ||||||
Kaiser Aluminum Corp. (Metals & Mining) | 23 | 2,202 | ||||||
Kala Pharmaceuticals, Inc.* (Pharmaceuticals) | 70 | 62 | ||||||
Kaleido Biosciences, Inc.* (Pharmaceuticals) | 28 | 49 | ||||||
Kaltura, Inc.* (Software) | 25 | 90 | ||||||
KalVista Pharmaceuticals, Inc.* (Biotechnology) | 32 | 404 | ||||||
Kaman Corp. - Class A (Trading Companies & Distributors) | 40 | 1,599 | ||||||
KAR Auction Services, Inc.* (Commercial Services & Supplies) | 175 | 2,489 | ||||||
Karat Packaging, Inc.* (Trading Companies & Distributors) | 7 | 116 | ||||||
Karuna Therapeutics, Inc.* (Biotechnology) | 32 | 3,554 | ||||||
Karyopharm Therapeutics, Inc.* (Biotechnology) | 104 | 926 | ||||||
KB Home (Household Durables) | 115 | 4,859 | ||||||
KBR, Inc. (Professional Services) | 205 | 8,896 | ||||||
Kearny Financial Corp. (Thrifts & Mortgage Finance) | 98 | 1,268 | ||||||
Kelly Services, Inc. - Class A (Professional Services) | 51 | 871 | ||||||
KemPharm, Inc.* (Pharmaceuticals) | 43 | 310 | ||||||
Kennametal, Inc. (Machinery) | 121 | 4,183 | ||||||
Kennedy-Wilson Holdings, Inc. (Real Estate Management & Development) | 172 | 3,863 | ||||||
Keros Therapeutics, Inc.* (Biotechnology) | 23 | 1,067 | ||||||
Kezar Life Sciences, Inc.* (Biotechnology) | 51 | 672 | ||||||
Kforce, Inc. (Professional Services) | 29 | 1,991 | ||||||
Kimball Electronics, Inc.* (Electronic Equipment, Instruments & Components) | 35 | 693 | ||||||
Kimball International, Inc. - Class B (Commercial Services & Supplies) | 52 | 511 | ||||||
Kiniksa Pharmaceuticals, Ltd.* - Class A (Biotechnology) | 42 | 472 | ||||||
Kinnate Biopharma, Inc.* (Biotechnology) | 37 | 406 | ||||||
Kinsale Capital Group, Inc. (Insurance) | 31 | 6,210 | ||||||
Kirkland's, Inc.* (Specialty Retail) | 19 | 322 | ||||||
Kite Realty Group Trust (Equity Real Estate Investment Trusts) | 315 | 6,577 | ||||||
KKR Real Estate Finance Trust, Inc. (Mortgage Real Estate Investment Trusts) | 51 | 1,088 | ||||||
Knowles Corp.* (Electronic Equipment, Instruments & Components) | 129 | 2,736 | ||||||
Kodiak Sciences, Inc.* (Biotechnology) | 49 | 2,876 | ||||||
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 75 | 3,697 | ||||||
Kopin Corp.* (Semiconductors & Semiconductor Equipment) | 112 | 329 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Koppers Holdings, Inc.* (Chemicals) | 30 | $ | 896 | |||||
Korn Ferry (Professional Services) | 78 | 5,178 | ||||||
Kosmos Energy, Ltd.* (Oil, Gas & Consumable Fuels) | 650 | 2,815 | ||||||
Kraton Corp.* (Chemicals) | 46 | 2,133 | ||||||
Kratos Defense & Security Solutions, Inc.* (Aerospace & Defense) | 178 | 2,983 | ||||||
Krispy Kreme, Inc. (Hotels, Restaurants & Leisure) | 33 | 495 | ||||||
Kronos Bio, Inc.* (Chemicals) | 56 | 510 | ||||||
Kronos Worldwide, Inc. (Chemicals) | 32 | 459 | ||||||
Krystal Biotech, Inc.* (Biotechnology) | 26 | 1,534 | ||||||
Kulicke & Soffa Industries, Inc. (Semiconductors & Semiconductor Equipment) | 89 | 4,867 | ||||||
Kura Oncology, Inc.* (Biotechnology) | 92 | 1,296 | ||||||
Kura Sushi USA, Inc.* - Class A (Hotels, Restaurants & Leisure) | 6 | 277 | ||||||
KVH Industries, Inc.* (Communications Equipment) | 22 | 198 | ||||||
Kymera Therapeutics, Inc.* (Biotechnology) | 50 | 2,100 | ||||||
Ladder Capital Corp. (Mortgage Real Estate Investment Trusts) | 165 | 1,962 | ||||||
Laird Superfood, Inc.* (Food Products) | 9 | 72 | ||||||
Lakeland Bancorp, Inc. (Banks) | 89 | 1,685 | ||||||
Lakeland Financial Corp. (Banks) | 35 | 2,798 | ||||||
Lancaster Colony Corp. (Food Products) | 28 | 4,446 | ||||||
Landec Corp.* (Food Products) | 38 | 409 | ||||||
Landos Biopharma, Inc.* (Pharmaceuticals) | 7 | 24 | ||||||
Lands' End, Inc.* (Internet & Direct Marketing Retail) | 21 | 385 | ||||||
Landsea Homes Corp.* (Household Durables) | 16 | 116 | ||||||
Lantheus Holdings, Inc.* (Health Care Equipment & Supplies) | 98 | 2,490 | ||||||
Laredo Petroleum, Inc.* (Oil, Gas & Consumable Fuels) | 18 | 1,209 | ||||||
Latham Group, Inc.* (Leisure Products) | 46 | 767 | ||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 197 | 10,879 | ||||||
Laureate Education, Inc. - Class A (Diversified Consumer Services) | 144 | 1,822 | ||||||
Lawson Products, Inc.* (Trading Companies & Distributors) | 7 | 341 | ||||||
La-Z-Boy, Inc. (Household Durables) | 64 | 2,349 | ||||||
Lazydays Holdings, Inc.* (Specialty Retail) | 11 | 179 | ||||||
LCI Industries (Auto Components) | 36 | 4,434 | ||||||
Legacy Housing Corp.* (Household Durables) | 12 | 297 | ||||||
Lemaitre Vascular, Inc. (Health Care Equipment & Supplies) | 27 | 1,142 | ||||||
LendingClub Corp.* (Consumer Finance) | 144 | 2,701 | ||||||
LendingTree, Inc.* (Thrifts & Mortgage Finance) | 17 | 2,071 | ||||||
Lexicon Pharmaceuticals, Inc.* (Biotechnology) | 101 | 320 | ||||||
LGI Homes, Inc.* (Household Durables) | 31 | 3,860 | ||||||
LHC Group, Inc.* (Health Care Providers & Services) | 44 | 5,460 | ||||||
Liberty Latin America, Ltd.* - Class A (Media) | 59 | 645 | ||||||
Liberty Latin America, Ltd.* - Class C (Media) | 224 | 2,421 | ||||||
Liberty Media Corp-Liberty Braves* - Class A (Entertainment) | 15 | 421 | ||||||
Liberty Media Corp-Liberty Braves* - Class C (Entertainment) | 53 | 1,431 | ||||||
Liberty Oilfield Services, Inc.* (Energy Equipment & Services) | 132 | 1,597 | ||||||
Liberty TripAdvisor Holdings, Inc.* - Class A (Interactive Media & Services) | 106 | 239 | ||||||
Life Time Group Holdings, Inc.* (Hotels, Restaurants & Leisure) | 56 | 841 | ||||||
LifeStance Health Group, Inc.* (Health Care Providers & Services) | 66 | 504 | ||||||
Lifetime Brands, Inc. (Household Durables) | 18 | 279 | ||||||
Ligand Pharmaceuticals, Inc.* (Biotechnology) | 22 | 2,742 | ||||||
Limelight Networks, Inc.* (IT Services) | 181 | 773 | ||||||
Limoneira Co. (Food Products) | 23 | 342 | ||||||
Lindblad Expeditions Holdings, Inc.* (Hotels, Restaurants & Leisure) | 44 | 742 | ||||||
Lindsay Corp. (Machinery) | 16 | 2,020 | ||||||
Lineage Cell Therapeutics, Inc.* (Biotechnology) | 182 | 288 | ||||||
Lions Gate Entertainment Corp.* - Class A (Entertainment) | 84 | 1,317 | ||||||
Lions Gate Entertainment Corp.* - Class B (Entertainment) | 171 | 2,493 | ||||||
Liquidity Services, Inc.* (Internet & Direct Marketing Retail) | 38 | 723 | ||||||
LivaNova PLC* (Health Care Equipment & Supplies) | 77 | 5,782 | ||||||
Live Oak Bancshares, Inc. (Banks) | 46 | 2,708 | ||||||
Livent Corp.* (Chemicals) | 235 | 5,407 | ||||||
LiveOne, Inc.* (Entertainment) | 85 | 80 | ||||||
LivePerson, Inc.* (Software) | 95 | 2,838 | ||||||
LiveRamp Holdings, Inc.* (IT Services) | 96 | 4,286 | ||||||
LL Flooring Holdings, Inc.* (Specialty Retail) | 42 | 606 | ||||||
Lordstown Motors Corp.* - Class A (Automobiles) | 225 | 675 | ||||||
LTC Properties, Inc. (Equity Real Estate Investment Trusts) | 56 | 2,020 | ||||||
Lucid Diagnostics, Inc.* (Health Care Equipment & Supplies) | 7 | 23 | ||||||
Lulu's Fashion Lounge Holdings, Inc.* (Internet & Direct Marketing Retail) | 8 | 77 | ||||||
Luna Innovations, Inc.* (Electronic Equipment, Instruments & Components) | 45 | 328 | ||||||
Luther Burbank Corp. (Thrifts & Mortgage Finance) | 22 | 282 | ||||||
Luxfer Holdings PLC (Machinery) | 40 | 683 | ||||||
LXP Industrial Trust (Equity Real Estate Investment Trusts) | 405 | 6,030 | ||||||
Lyell Immunopharma, Inc.* (Biotechnology) | 34 | 193 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
M.D.C Holdings, Inc. (Household Durables) | 83 | $ | 4,207 | |||||
M/I Homes, Inc.* (Household Durables) | 41 | 2,173 | ||||||
Macatawa Bank Corp. (Banks) | 38 | 344 | ||||||
MACOM Technology Solutions Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 71 | 4,346 | ||||||
MacroGenics, Inc.* (Biotechnology) | 87 | 1,074 | ||||||
Macy's, Inc. (Multiline Retail) | 455 | 11,648 | ||||||
Madison Square Garden Entertainment Corp.* (Entertainment) | 38 | 2,692 | ||||||
Madrigal Pharmaceuticals, Inc.* (Biotechnology) | 17 | 979 | ||||||
Magenta Therapeutics, Inc.* (Biotechnology) | 43 | 141 | ||||||
Magnite, Inc.* (Media) | 188 | 2,551 | ||||||
Magnolia Oil & Gas Corp. (Oil, Gas & Consumable Fuels) | 209 | 4,521 | ||||||
Maiden Holdings, Ltd.* (Insurance) | 101 | 282 | ||||||
Malibu Boats, Inc.* (Leisure Products) | 30 | 1,970 | ||||||
MannKind Corp.* (Biotechnology) | 358 | 1,335 | ||||||
ManTech International Corp. - Class A (Professional Services) | 40 | 2,890 | ||||||
Marathon Digital Holdings, Inc.* (IT Services) | 138 | 3,249 | ||||||
Marcus & Millichap, Inc.* (Real Estate Management & Development) | 34 | 1,592 | ||||||
Marine Products Corp. (Leisure Products) | 12 | 147 | ||||||
MarineMax, Inc.* (Specialty Retail) | 31 | 1,459 | ||||||
Marinus Pharmaceuticals, Inc.* (Pharmaceuticals) | 54 | 551 | ||||||
Marrone Bio Innovations, Inc.* (Chemicals) | 147 | 109 | ||||||
Marten Transport, Ltd. (Road & Rail) | 86 | 1,435 | ||||||
Masonite International Corp.* (Building Products) | 35 | 3,473 | ||||||
MasterCraft Boat Holdings, Inc.* (Leisure Products) | 27 | 687 | ||||||
Matador Resources Co. (Oil, Gas & Consumable Fuels) | 161 | 7,208 | ||||||
Materion Corp. (Metals & Mining) | 30 | 2,486 | ||||||
Matrix Service Co.* (Construction & Engineering) | 38 | 276 | ||||||
Matson, Inc. (Marine) | 60 | 5,860 | ||||||
Matthews International Corp. - Class A (Commercial Services & Supplies) | 45 | 1,580 | ||||||
MAX Holdings, Inc. (Real Estate Management & Development) | 27 | 804 | ||||||
Maxar Technologies, Inc. (Aerospace & Defense) | 105 | 2,731 | ||||||
MaxCyte, Inc.* (Biotechnology) | 139 | 898 | ||||||
MAXIMUS, Inc. (IT Services) | 89 | 6,882 | ||||||
MaxLinear, Inc.* - Class A (Semiconductors & Semiconductor Equipment) | 103 | 6,182 | ||||||
Mayville Engineering Co., Inc.* (Machinery) | 13 | 149 | ||||||
MBIA, Inc.* (Insurance) | 69 | 943 | ||||||
McGrath RentCorp (Commercial Services & Supplies) | 35 | 2,667 | ||||||
MedAvail Holdings, Inc.* (Food & Staples Retailing) | 17 | 24 | ||||||
MediaAlpha, Inc.* - Class A (Interactive Media & Services) | 31 | 460 | ||||||
Medifast, Inc. (Personal Products) | 17 | 3,378 | ||||||
MEDNAX, Inc.* (Health Care Providers & Services) | 110 | 2,690 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 42 | 7,452 | ||||||
MEI Pharma, Inc.* (Biotechnology) | 157 | 303 | ||||||
MeiraGTx Holdings PLC* (Biotechnology) | 43 | 645 | ||||||
Mercantile Bank Corp. (Banks) | 22 | 846 | ||||||
Merchants Bancorp (Thrifts & Mortgage Finance) | 22 | 627 | ||||||
Meridian Bioscience, Inc.* (Health Care Equipment & Supplies) | 62 | 1,293 | ||||||
MeridianLink, Inc.* (Software) | 18 | 349 | ||||||
Merit Medical Systems, Inc.* (Health Care Equipment & Supplies) | 74 | 4,103 | ||||||
Meritage Homes Corp.* (Household Durables) | 54 | 5,510 | ||||||
Meritor, Inc.* (Machinery) | 98 | 2,259 | ||||||
Mersana Therapeutics, Inc.* (Biotechnology) | 104 | 496 | ||||||
Mesa Air Group, Inc.* (Airlines) | 50 | 250 | ||||||
Mesa Laboratories, Inc. (Health Care Equipment & Supplies) | 7 | 1,990 | ||||||
Meta Financial Group, Inc. (Thrifts & Mortgage Finance) | 46 | 2,735 | ||||||
Meta Materials, Inc.* (Oil, Gas & Consumable Fuels) | 294 | 491 | ||||||
Methode Electronics, Inc. (Electronic Equipment, Instruments & Components) | 55 | 2,422 | ||||||
Metrocity Bankshares, Inc. (Banks) | 28 | 722 | ||||||
MetroMile, Inc.* (Insurance) | 140 | 232 | ||||||
Metropolitan Bank Holding Corp.* (Banks) | 14 | 1,400 | ||||||
MFA Financial, Inc. (Mortgage Real Estate Investment Trusts) | 642 | 2,972 | ||||||
MGE Energy, Inc. (Electric Utilities) | 53 | 4,104 | ||||||
MGP Ingredients, Inc. (Beverages) | 21 | 1,589 | ||||||
MicroStrategy, Inc.* (Software) | 12 | 4,416 | ||||||
MicroVision, Inc.* (Electronic Equipment, Instruments & Components) | 239 | 815 | ||||||
Mid Penn Bancorp, Inc. (Banks) | 21 | 627 | ||||||
Middlesex Water Co. (Water Utilities) | 25 | 2,531 | ||||||
Midland States Bancorp, Inc. (Banks) | 31 | 895 | ||||||
MidwestOne Financial Group, Inc. (Banks) | 21 | 671 | ||||||
Miller Industries, Inc. (Machinery) | 16 | 504 | ||||||
MillerKnoll, Inc. (Commercial Services & Supplies) | 108 | 4,171 | ||||||
Mimecast, Ltd.* (Software) | 88 | 7,014 | ||||||
MiMedx Group, Inc.* (Biotechnology) | 161 | 799 | ||||||
Mind Medicine MindMed, Inc.* (Pharmaceuticals) | 504 | 564 | ||||||
Minerals Technologies, Inc. (Chemicals) | 48 | 3,359 | ||||||
MiNK Therapeutics, Inc.* (Biotechnology) | 3 | 10 | ||||||
Mirum Pharmaceuticals, Inc.* (Biotechnology) | 5 | 95 | ||||||
Mission Produce, Inc.* (Food Products) | 54 | 771 | ||||||
Mistras Group, Inc.* (Professional Services) | 29 | 195 | ||||||
Mitek System, Inc.* (Software) | 62 | 1,015 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Model N, Inc.* (Software) | 51 | $ | 1,411 | |||||
Modine Manufacturing Co.* (Auto Components) | 72 | 659 | ||||||
ModivCare, Inc.* (Health Care Providers & Services) | 18 | 2,087 | ||||||
Moelis & Co. (Capital Markets) | 89 | 5,026 | ||||||
Molecular Templates, Inc.* (Biotechnology) | 54 | 166 | ||||||
Momentive Global, Inc.* (Software) | 188 | 3,220 | ||||||
Monarch Casino & Resort, Inc.* (Hotels, Restaurants & Leisure) | 19 | 1,176 | ||||||
MoneyGram International, Inc.* (IT Services) | 130 | 1,140 | ||||||
Monmouth Real Estate Investment Corp. - Class A (Equity Real Estate Investment Trusts) | 138 | 2,897 | ||||||
Monro, Inc. (Specialty Retail) | 48 | 2,387 | ||||||
Monte Rosa Therapeutics, Inc.* (Biotechnology) | 17 | 215 | ||||||
Montrose Environmental Group, Inc.* (Commercial Services & Supplies) | 38 | 1,739 | ||||||
Moog, Inc. - Class A (Aerospace & Defense) | 42 | 3,203 | ||||||
Morphic Holding, Inc.* (Biotechnology) | 31 | 1,315 | ||||||
Motorcar Parts of America, Inc.* (Auto Components) | 27 | 446 | ||||||
Movado Group, Inc. (Textiles, Apparel & Luxury Goods) | 23 | 853 | ||||||
MP Materials Corp.* (Metals & Mining) | 110 | 4,393 | ||||||
Mr Cooper Group, Inc.* (Thrifts & Mortgage Finance) | 90 | 3,614 | ||||||
MRC Global, Inc.* (Trading Companies & Distributors) | 117 | 867 | ||||||
Mueller Industries, Inc. (Machinery) | 81 | 4,184 | ||||||
Mueller Water Products, Inc. - Class A (Machinery) | 228 | 2,930 | ||||||
Multiplan Corp.* (Health Care Technology) | 552 | 2,225 | ||||||
Murphy Oil Corp. (Oil, Gas & Consumable Fuels) | 212 | 6,699 | ||||||
Murphy USA, Inc. (Specialty Retail) | 35 | 6,884 | ||||||
Mustang Bio, Inc.* (Biotechnology) | 106 | 125 | ||||||
MVB Financial Corp. (Banks) | 15 | 600 | ||||||
Myers Industries, Inc. (Containers & Packaging) | 52 | 940 | ||||||
MYR Group, Inc.* (Construction & Engineering) | 24 | 2,257 | ||||||
Myriad Genetics, Inc.* (Biotechnology) | 115 | 3,023 | ||||||
Nabors Industries, Ltd.* (Energy Equipment & Services) | 10 | 1,035 | ||||||
NanoString Technologies, Inc.* (Life Sciences Tools & Services) | 66 | 2,291 | ||||||
Nanthealth, Inc.* (Health Care Technology) | 39 | 31 | ||||||
Napco Security Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 42 | 873 | ||||||
Nathan's Famous, Inc. (Hotels, Restaurants & Leisure) | 4 | 216 | ||||||
National Bank Holdings Corp. (Banks) | 42 | 1,907 | ||||||
National Beverage Corp. (Beverages) | 34 | 1,519 | ||||||
National CineMedia, Inc. (Media) | 87 | 230 | ||||||
National Energy Services Reunited Corp.* (Energy Equipment & Services) | 55 | 546 | ||||||
National Health Investors, Inc. (Equity Real Estate Investment Trusts) | 63 | 3,643 | ||||||
National Healthcare Corp. (Health Care Providers & Services) | 18 | 1,177 | ||||||
National Presto Industries, Inc. (Aerospace & Defense) | 7 | 576 | ||||||
National Research Corp. (Health Care Providers & Services) | 20 | 832 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 118 | 7,264 | ||||||
National Vision Holdings, Inc.* (Specialty Retail) | 118 | 4,824 | ||||||
National Western Life Group, Inc. - Class A (Insurance) | 4 | 855 | ||||||
Natural Grocers by Vitamin Cottage, Inc. (Food & Staples Retailing) | 13 | 190 | ||||||
Nature's Sunshine Products, Inc. (Personal Products) | 17 | 300 | ||||||
Natus Medical, Inc.* (Health Care Equipment & Supplies) | 49 | 1,129 | ||||||
Nautilus, Inc.* (Leisure Products) | 44 | 224 | ||||||
Navient Corp. (Consumer Finance) | 229 | 3,991 | ||||||
NBT Bancorp, Inc. (Banks) | 61 | 2,359 | ||||||
Neenah, Inc. (Paper & Forest Products) | 24 | 1,106 | ||||||
Nelnet, Inc. - Class A (Consumer Finance) | 25 | 2,213 | ||||||
NEOGAMES SA* (Hotels, Restaurants & Leisure) | 15 | 355 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 156 | 5,689 | ||||||
NeoGenomics, Inc.* (Life Sciences Tools & Services) | 164 | 3,696 | ||||||
Neoleukin Therapeutics, Inc.* (Biotechnology) | 51 | 182 | ||||||
NeoPhotonics Corp.* (Semiconductors & Semiconductor Equipment) | 74 | 1,137 | ||||||
NETGEAR, Inc.* (Communications Equipment) | 42 | 1,162 | ||||||
NetScout Systems, Inc.* (Communications Equipment) | 102 | 3,218 | ||||||
NETSTREIT Corp. (Equity Real Estate Investment Trusts) | 58 | 1,311 | ||||||
Neuronetics, Inc.* (Health Care Equipment & Supplies) | 37 | 132 | ||||||
NeuroPace, Inc.* (Health Care Equipment & Supplies) | 10 | 81 | ||||||
Nevro Corp.* (Health Care Equipment & Supplies) | 50 | 3,285 | ||||||
New Jersey Resources Corp. (Gas Utilities) | 140 | 5,629 | ||||||
New York Mortgage Trust, Inc. (Mortgage Real Estate Investment Trusts) | 550 | 2,063 | ||||||
NewAge, Inc.* (Beverages) | 195 | 146 | ||||||
Newmark Group, Inc. (Real Estate Management & Development) | 216 | 3,307 | ||||||
Newpark Resources, Inc.* (Energy Equipment & Services) | 131 | 465 | ||||||
NexImmune, Inc.* (Biotechnology) | 26 | 82 | ||||||
Nexpoint Residential Trust, Inc. (Equity Real Estate Investment Trusts) | 32 | 2,538 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
NextGen Healthcare, Inc.* (Health Care Technology) | 83 | $ | 1,603 | |||||
NexTier Oilfield Solutions, Inc.* (Energy Equipment & Services) | 251 | 1,511 | ||||||
NGM Biopharmaceuticals, Inc.* (Pharmaceuticals) | 46 | 727 | ||||||
NI Holdings, Inc.* (Insurance) | 12 | 232 | ||||||
Nicolet Bankshares, Inc.* (Banks) | 18 | 1,676 | ||||||
Nikola Corp.* (Machinery) | 332 | 2,666 | ||||||
Nkarta, Inc.* (Biotechnology) | 20 | 198 | ||||||
NL Industries, Inc. (Commercial Services & Supplies) | 12 | 78 | ||||||
nLight, Inc.* (Electronic Equipment, Instruments & Components) | 63 | 1,303 | ||||||
NMI Holdings, Inc.* - Class A (Thrifts & Mortgage Finance) | 122 | 3,018 | ||||||
NN, Inc.* (Machinery) | 62 | 236 | ||||||
Noodles & Co.* (Hotels, Restaurants & Leisure) | 59 | 496 | ||||||
Nordic American Tankers, Ltd. (Oil, Gas & Consumable Fuels) | 244 | 378 | ||||||
Northern Oil And Gas, Inc. (Oil, Gas & Consumable Fuels) | 76 | 1,788 | ||||||
Northfield Bancorp, Inc. (Thrifts & Mortgage Finance) | 64 | 1,009 | ||||||
Northrim Bancorp, Inc. (Banks) | 9 | 395 | ||||||
Northwest Bancshares, Inc. (Thrifts & Mortgage Finance) | 177 | 2,497 | ||||||
Northwest Natural Holding Co. (Gas Utilities) | 44 | 2,083 | ||||||
Northwest Pipe Co.* (Construction & Engineering) | 14 | 397 | ||||||
NorthWestern Corp. (Multi-Utilities) | 77 | 4,475 | ||||||
Novagold Resources, Inc.* (Metals & Mining) | 344 | 2,270 | ||||||
Novanta, Inc.* (Electronic Equipment, Instruments & Components) | 51 | 7,043 | ||||||
NOW, Inc.* (Trading Companies & Distributors) | 160 | 1,422 | ||||||
Nu Skin Enterprises, Inc. - Class A (Personal Products) | 72 | 3,470 | ||||||
Nurix Therapeutics, Inc.* (Biotechnology) | 45 | 838 | ||||||
Nuvalent, Inc.* - Class A (Biotechnology) | 16 | 216 | ||||||
NuVasive, Inc.* (Health Care Equipment & Supplies) | 75 | 3,901 | ||||||
Nuvation Bio, Inc.* (Pharmaceuticals) | 230 | 1,403 | ||||||
NV5 Global, Inc.* (Construction & Engineering) | 19 | 1,987 | ||||||
NVE Corp. (Semiconductors & Semiconductor Equipment) | 7 | 433 | ||||||
Oasis Petroleum, Inc. (Oil, Gas & Consumable Fuels) | 29 | 3,927 | ||||||
Oceaneering International, Inc.* (Energy Equipment & Services) | 144 | 1,876 | ||||||
Oceanfirst Financial Corp. (Thrifts & Mortgage Finance) | 84 | 1,907 | ||||||
Ocugen, Inc.* (Biotechnology) | 268 | 951 | ||||||
Ocular Therapeutix, Inc.* (Pharmaceuticals) | 111 | 628 | ||||||
Ocwen Financial Corp.* (Thrifts & Mortgage Finance) | 12 | 440 | ||||||
Office Properties Income Trust (Equity Real Estate Investment Trusts) | 69 | 1,758 | ||||||
OFG Bancorp (Banks) | 71 | 1,965 | ||||||
O-I Glass, Inc.* (Containers & Packaging) | 229 | 3,047 | ||||||
Oil States International, Inc.* (Energy Equipment & Services) | 88 | 552 | ||||||
Oil-Dri Corp. of America (Household Products) | 8 | 272 | ||||||
Old National Bancorp (Banks) | 240 | 4,399 | ||||||
Old Second Bancorp, Inc. (Banks) | 40 | 537 | ||||||
Olema Pharmaceuticals, Inc.* (Biotechnology) | 37 | 238 | ||||||
Olympic Steel, Inc. (Metals & Mining) | 14 | 298 | ||||||
Omega Flex, Inc. (Machinery) | 4 | 568 | ||||||
Omega Therapeutics, Inc.* (Biotechnology) | 11 | 125 | ||||||
Omeros Corp.* (Pharmaceuticals) | 87 | 522 | ||||||
Omnicell, Inc.* (Health Care Technology) | 63 | 9,459 | ||||||
ON24, Inc.* (Software) | 39 | 642 | ||||||
Oncocyte Corp.* (Biotechnology) | 87 | 148 | ||||||
Oncorus, Inc.* (Biotechnology) | 30 | 104 | ||||||
Oncternal Therapeutics, Inc.* (Biotechnology) | 64 | 120 | ||||||
ONE Gas, Inc. (Gas Utilities) | 76 | 5,920 | ||||||
ONE Group Hospitality, Inc. (The)* (Hotels, Restaurants & Leisure) | 30 | 378 | ||||||
One Liberty Properties, Inc. (Equity Real Estate Investment Trusts) | 23 | 702 | ||||||
OneSpan, Inc.* (Software) | 51 | 819 | ||||||
OneSpaWorld Holdings, Ltd.* (Diversified Consumer Services) | 78 | 805 | ||||||
Onewater Marine, Inc. (Specialty Retail) | 15 | 776 | ||||||
Onto Innovation, Inc.* (Semiconductors & Semiconductor Equipment) | 71 | 6,499 | ||||||
Ontrak, Inc.* (Health Care Providers & Services) | 14 | 48 | ||||||
Ooma, Inc.* (Diversified Telecommunication Services) | 32 | 577 | ||||||
Open Lending Corp.* - Class A (Capital Markets) | 151 | 2,867 | ||||||
OPKO Health, Inc.* (Biotechnology) | 579 | 1,812 | ||||||
Oportun Financial Corp.* (Consumer Finance) | 31 | 558 | ||||||
Oppenheimer Holdings, Inc. - Class A (Capital Markets) | 13 | 551 | ||||||
OptimizeRx Corp.* (Health Care Technology) | 25 | 1,123 | ||||||
Option Care Health, Inc.* (Health Care Providers & Services) | 230 | 5,375 | ||||||
Oramed Pharmaceuticals, Inc.* (Pharmaceuticals) | 44 | 394 | ||||||
OraSure Technologies, Inc.* (Health Care Equipment & Supplies) | 104 | 920 | ||||||
Orchid Island Capital, Inc. (Mortgage Real Estate Investment Trusts) | 197 | 794 | ||||||
Organogenesis Holdings, Inc.* (Biotechnology) | 55 | 423 | ||||||
ORIC Pharmaceuticals, Inc.* (Biotechnology) | 46 | 455 | ||||||
Origin Bancorp, Inc. (Banks) | 32 | 1,367 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Orion Engineered Carbons SA (Chemicals) | 88 | $ | 1,505 | |||||
Ormat Technologies, Inc. (Independent Power and Renewable Electricity Producers) | 66 | 4,498 | ||||||
Orrstown Financial Services, Inc. (Banks) | 16 | 396 | ||||||
Ortho Clinical Diagnostics Holdings PLC* (Health Care Equipment & Supplies) | 175 | 3,038 | ||||||
Orthofix Medical, Inc.* (Health Care Equipment & Supplies) | 27 | 821 | ||||||
OrthoPediatrics Corp.* (Health Care Equipment & Supplies) | 20 | 946 | ||||||
OSI Systems, Inc.* (Electronic Equipment, Instruments & Components) | 25 | 2,074 | ||||||
Otter Tail Corp. (Electric Utilities) | 60 | 3,804 | ||||||
Ouster, Inc.* (Electronic Equipment, Instruments & Components) | 227 | 799 | ||||||
Outbrain, Inc.* (Interactive Media & Services) | 9 | 114 | ||||||
Outfront Media, Inc. (Equity Real Estate Investment Trusts) | 211 | 5,241 | ||||||
Outlook Therapeutics, Inc.* (Biotechnology) | 129 | 183 | ||||||
Outset Medical, Inc.* (Health Care Equipment & Supplies) | 68 | 2,529 | ||||||
Overstock.com, Inc.* (Internet & Direct Marketing Retail) | 63 | 3,021 | ||||||
Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | 380 | 14,745 | ||||||
Owens & Minor, Inc. (Health Care Providers & Services) | 105 | 4,419 | ||||||
Oxford Industries, Inc. (Textiles, Apparel & Luxury Goods) | 23 | 1,895 | ||||||
Oyster Point Pharma, Inc.* (Biotechnology) | 16 | 192 | ||||||
Pacific Biosciences of California, Inc.* (Life Sciences Tools & Services) | 282 | 3,152 | ||||||
Pacific Premier Bancorp, Inc. (Banks) | 136 | 5,202 | ||||||
Pacira BioSciences, Inc.* (Pharmaceuticals) | 64 | 4,017 | ||||||
Pactiv Evergreen, Inc. (Containers & Packaging) | 62 | 679 | ||||||
PAE, Inc.* (Aerospace & Defense) | 101 | 1,011 | ||||||
PagerDuty, Inc.* (Software) | 119 | 3,929 | ||||||
Palomar Holdings, Inc.* (Insurance) | 36 | 1,899 | ||||||
PAM Transportation Services, Inc.* (Road & Rail) | 5 | 349 | ||||||
Papa John's International, Inc. (Hotels, Restaurants & Leisure) | 48 | 5,926 | ||||||
Par Pacific Holdings, Inc.* (Oil, Gas & Consumable Fuels) | 65 | 917 | ||||||
PAR Technology Corp.* (Electronic Equipment, Instruments & Components) | 37 | 1,388 | ||||||
Paragon 28, Inc.* (Health Care Equipment & Supplies) | 13 | 196 | ||||||
Paramount Group, Inc. (Equity Real Estate Investment Trusts) | 271 | 2,355 | ||||||
Paratek Pharmaceuticals, Inc.* (Pharmaceuticals) | 71 | 288 | ||||||
Park Aerospace Corp. (Aerospace & Defense) | 28 | 379 | ||||||
Park National Corp. (Banks) | 21 | 2,845 | ||||||
Park-Ohio Holdings Corp. (Machinery) | 12 | 243 | ||||||
Parsons Corp.* (Aerospace & Defense) | 38 | 1,157 | ||||||
Party City Holdco, Inc.* (Specialty Retail) | 160 | 757 | ||||||
Passage Bio, Inc.* (Biotechnology) | 54 | 272 | ||||||
Patrick Industries, Inc. (Auto Components) | 33 | 2,125 | ||||||
Patterson Cos., Inc. (Health Care Providers & Services) | 124 | 3,558 | ||||||
Patterson-UTI Energy, Inc. (Energy Equipment & Services) | 270 | 2,689 | ||||||
PAVmed, Inc.* (Health Care Equipment & Supplies) | 105 | 181 | ||||||
Paya Holdings, Inc.* (IT Services) | 124 | 812 | ||||||
PBF Energy, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 140 | 2,218 | ||||||
PC Connection, Inc. (Electronic Equipment, Instruments & Components) | 16 | 694 | ||||||
PCSB Financial Corp. (Thrifts & Mortgage Finance) | 19 | 355 | ||||||
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 141 | 8,357 | ||||||
PDF Solutions, Inc.* (Semiconductors & Semiconductor Equipment) | 43 | 1,278 | ||||||
Peabody Energy Corp.* (Oil, Gas & Consumable Fuels) | 129 | 1,393 | ||||||
Peapack Gladstone Financial Corp. (Banks) | 26 | 958 | ||||||
Pebblebrook Hotel Trust (Equity Real Estate Investment Trusts) | 188 | 4,070 | ||||||
Pennymac Financial Services, Inc. (Thrifts & Mortgage Finance) | 45 | 2,822 | ||||||
PennyMac Mortgage Investment Trust (Mortgage Real Estate Investment Trusts) | 142 | 2,530 | ||||||
Peoples Bancorp, Inc. (Banks) | 37 | 1,227 | ||||||
Peoples Financial Services Corp. (Banks) | 10 | 507 | ||||||
Perdoceo Education Corp.* (Diversified Consumer Services) | 102 | 1,124 | ||||||
Perficient, Inc.* (IT Services) | 47 | 4,928 | ||||||
Performance Food Group Co.* (Food & Staples Retailing) | 220 | 9,281 | ||||||
Perpetua Resources Corp.* (Metals & Mining) | 47 | 173 | ||||||
Personalis, Inc.* (Life Sciences Tools & Services) | 52 | 592 | ||||||
Petiq, Inc.* (Health Care Providers & Services) | 39 | 797 | ||||||
PetMed Express, Inc. (Internet & Direct Marketing Retail) | 30 | 775 | ||||||
PGT Innovations, Inc.* (Building Products) | 84 | 1,595 | ||||||
Phathom Pharmaceuticals, Inc.* (Pharmaceuticals) | 29 | 487 | ||||||
Phibro Animal Health Corp. - Class A (Pharmaceuticals) | 30 | 579 | ||||||
Phillips Edison & Co., Inc. (Equity Real Estate Investment Trusts) | 27 | 851 | ||||||
Photronics, Inc.* (Semiconductors & Semiconductor Equipment) | 86 | 1,538 | ||||||
Phreesia, Inc.* (Health Care Technology) | 72 | 2,246 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 320 | 5,843 | ||||||
Piedmont Office Realty Trust, Inc. - Class A (Equity Real Estate Investment Trusts) | 180 | 3,197 | ||||||
Ping Identity Holding Corp.* (Software) | 88 | 1,742 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Pioneer Bancorp, Inc.* (Thrifts & Mortgage Finance) | 17 | $ | 197 | |||||
Piper Sandler Cos. (Capital Markets) | 25 | 3,856 | ||||||
Pitney Bowes, Inc. (Commercial Services & Supplies) | 255 | 1,571 | ||||||
PJT Partners, Inc. - Class A (Capital Markets) | 34 | 2,357 | ||||||
Plantronics, Inc.* (Communications Equipment) | 61 | 1,626 | ||||||
PlayAGS, Inc.* (Hotels, Restaurants & Leisure) | 40 | 312 | ||||||
PLBY Group, Inc.* (Textiles, Apparel & Luxury Goods) | 42 | 667 | ||||||
Plexus Corp.* (Electronic Equipment, Instruments & Components) | 41 | 3,178 | ||||||
Pliant Therapeutics, Inc.* (Pharmaceuticals) | 35 | 411 | ||||||
Plymouth Industrial REIT, Inc. (Equity Real Estate Investment Trusts) | 45 | 1,294 | ||||||
PMV Pharmaceuticals, Inc.* (Pharmaceuticals) | 38 | 610 | ||||||
PNM Resources, Inc. (Electric Utilities) | 124 | 5,556 | ||||||
PolyMet Mining Corp.* (Metals & Mining) | 42 | 107 | ||||||
Porch Group, Inc.* (Internet & Direct Marketing Retail) | 112 | 1,182 | ||||||
Portage Biotech, Inc.* (Biotechnology) | 7 | 61 | ||||||
Portillo's, Inc.* - Class A (Hotels, Restaurants & Leisure) | 34 | 903 | ||||||
Portland General Electric Co. (Electric Utilities) | 130 | 6,831 | ||||||
Poseida Therapeutics, Inc.* (Biotechnology) | 42 | 200 | ||||||
Postal Realty Trust, Inc. - Class A (Equity Real Estate Investment Trusts) | 18 | 322 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 96 | 5,164 | ||||||
Powell Industries, Inc. (Electrical Equipment) | 13 | 388 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 88 | 7,102 | ||||||
PowerSchool Holdings, Inc.* (Diversified Consumer Services) | 78 | 1,278 | ||||||
PRA Group, Inc.* (Consumer Finance) | 63 | 2,930 | ||||||
Praxis Precision Medicines, Inc.* (Biotechnology) | 48 | 713 | ||||||
Precigen, Inc.* (Biotechnology) | 137 | 353 | ||||||
Precision BioSciences, Inc.* (Biotechnology) | 73 | 348 | ||||||
Preferred Apartment Communities, Inc. - Class A (Equity Real Estate Investment Trusts) | 76 | 1,268 | ||||||
Preferred Bank (Banks) | 20 | 1,561 | ||||||
Preformed Line Products Co. (Electrical Equipment) | 4 | 243 | ||||||
Prelude Therapeutics, Inc.* (Biotechnology) | 16 | 159 | ||||||
Premier Financial Corp. (Thrifts & Mortgage Finance) | 54 | 1,612 | ||||||
Prestige Consumer Healthcare, Inc.* (Pharmaceuticals) | 73 | 4,121 | ||||||
PriceSmart, Inc. (Food & Staples Retailing) | 34 | 2,428 | ||||||
Primis Financial Corp. (Banks) | 35 | 520 | ||||||
Primo Water Corp. (Beverages) | 228 | 3,808 | ||||||
Primoris Services Corp. (Construction & Engineering) | 78 | 2,006 | ||||||
Priority Technology Holdings, Inc.* (IT Services) | 15 | 91 | ||||||
Privia Health Group, Inc.* (Health Care Providers & Services) | 23 | 489 | ||||||
ProAssurance Corp. (Insurance) | 78 | 1,869 | ||||||
PROCEPT BioRobotics Corp.* (Health Care Equipment & Supplies) | 10 | 185 | ||||||
PROG Holdings, Inc.* (Consumer Finance) | 94 | 3,742 | ||||||
Progress Software Corp. (Software) | 64 | 2,913 | ||||||
Progyny, Inc.* (Health Care Providers & Services) | 94 | 3,807 | ||||||
Prometheus Biosciences, Inc.* (Biotechnology) | 43 | 1,545 | ||||||
ProPetro Holding Corp.* (Energy Equipment & Services) | 125 | 1,314 | ||||||
PROS Holdings, Inc.* (Software) | 58 | 1,607 | ||||||
Protagonist Therapeutics, Inc.* (Biotechnology) | 65 | 1,904 | ||||||
Prothena Corp. PLC* (Biotechnology) | 52 | 1,772 | ||||||
Proto Labs, Inc.* (Machinery) | 40 | 2,007 | ||||||
Provention Bio, Inc.* (Pharmaceuticals) | 80 | 429 | ||||||
Provident BanCorp, Inc. (Thrifts & Mortgage Finance) | 22 | 398 | ||||||
Provident Financial Services, Inc. (Thrifts & Mortgage Finance) | 110 | 2,659 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 29 | 4,842 | ||||||
PTC Therapeutics, Inc.* (Biotechnology) | 101 | 4,062 | ||||||
Pulmonx Corp.* (Health Care Equipment & Supplies) | 38 | 925 | ||||||
Pulse Biosciences, Inc.* (Health Care Equipment & Supplies) | 20 | 243 | ||||||
Puma Biotechnology, Inc.* (Biotechnology) | 47 | 116 | ||||||
Pure Cycle Corp.* (Water Utilities) | 28 | 359 | ||||||
PureCycle Technologies, Inc.* (Chemicals) | 77 | 458 | ||||||
Purple Innovation, Inc.* (Household Durables) | 83 | 691 | ||||||
Pyxis Oncology, Inc.* (Biotechnology) | 15 | 143 | ||||||
Pzena Investment Management, Inc. - Class A (Capital Markets) | 24 | 243 | ||||||
Q2 Holdings, Inc.* (Software) | 79 | 5,155 | ||||||
QCR Holdings, Inc. (Banks) | 22 | 1,255 | ||||||
Quaker Chemical Corp. (Chemicals) | 20 | 4,183 | ||||||
Qualys, Inc.* (Software) | 49 | 6,279 | ||||||
Quanex Building Products Corp. (Building Products) | 49 | 1,068 | ||||||
Quanterix Corp.* (Life Sciences Tools & Services) | 45 | 1,370 | ||||||
Quantum Corp.* (Technology Hardware, Storage & Peripherals) | 85 | 428 | ||||||
QuinStreet, Inc.* (Interactive Media & Services) | 73 | 1,175 | ||||||
Quotient Technology, Inc.* (Internet & Direct Marketing Retail) | 130 | 924 | ||||||
Quotient, Ltd.* (Health Care Equipment & Supplies) | 114 | 185 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
R. R. Donnelley & Sons Co.* (Commercial Services & Supplies) | 103 | $ | 1,135 | |||||
R1 RCM, Inc.* (Health Care Providers & Services) | 172 | 4,090 | ||||||
Rackspace Technology, Inc.* (IT Services) | 79 | 988 | ||||||
Radian Group, Inc. (Thrifts & Mortgage Finance) | 261 | 5,844 | ||||||
Radiant Logistics, Inc.* (Air Freight & Logistics) | 57 | 354 | ||||||
Radius Global Infrastructure, Inc.* - Class A (Diversified Telecommunication Services) | 86 | 1,183 | ||||||
Radius Health, Inc.* (Biotechnology) | 68 | 515 | ||||||
RadNet, Inc.* (Health Care Providers & Services) | 66 | 1,700 | ||||||
Rafael Holdings, Inc.* - Class B (Real Estate Management & Development) | 14 | 58 | ||||||
Rain Therapeutics, Inc.* (Biotechnology) | 23 | 197 | ||||||
Rallybio Corp.* (Biotechnology) | 10 | 122 | ||||||
Rambus, Inc.* (Semiconductors & Semiconductor Equipment) | 157 | 3,964 | ||||||
Range Resources Corp.* (Oil, Gas & Consumable Fuels) | 347 | 6,680 | ||||||
Ranger Oil Corp.* (Oil, Gas & Consumable Fuels) | 31 | 961 | ||||||
Ranpak Holdings Corp.* (Containers & Packaging) | 55 | 1,477 | ||||||
Rapid Micro Biosystems, Inc.* - Class A (Life Sciences Tools & Services) | 12 | 86 | ||||||
Rapid7, Inc.* (Software) | 82 | 7,899 | ||||||
RAPT Therapeutics, Inc.* (Biotechnology) | 31 | 670 | ||||||
Rayonier Advanced Materials, Inc.* (Chemicals) | 90 | 561 | ||||||
RBB Bancorp (Banks) | 20 | 540 | ||||||
RBC Bearings, Inc.* (Machinery) | 41 | 7,398 | ||||||
RCI Hospitality Holdings, Inc. (Hotels, Restaurants & Leisure) | 12 | 838 | ||||||
Ready Capital Corp. (Mortgage Real Estate Investment Trusts) | 88 | 1,253 | ||||||
Realogy Holdings Corp.* (Real Estate Management & Development) | 167 | 2,756 | ||||||
Reata Pharmaceuticals, Inc.* - Class A (Pharmaceuticals) | 40 | 1,125 | ||||||
Recursion Pharmaceuticals, Inc.* - Class A (Biotechnology) | 167 | 1,977 | ||||||
Red River Bancshares, Inc. (Banks) | 7 | 364 | ||||||
Red Robin Gourmet Burgers, Inc.* (Hotels, Restaurants & Leisure) | 23 | 339 | ||||||
Red Rock Resorts, Inc. - Class A (Hotels, Restaurants & Leisure) | 86 | 3,829 | ||||||
Redfin Corp.* (Real Estate Management & Development) | 150 | 4,435 | ||||||
Redwood Trust, Inc. (Mortgage Real Estate Investment Trusts) | 166 | 2,047 | ||||||
REGENXBIO, Inc.* (Biotechnology) | 57 | 1,505 | ||||||
Regional Management Corp. (Consumer Finance) | 11 | 558 | ||||||
Regis Corp.* (Diversified Consumer Services) | 62 | 92 | ||||||
Rekor Systems, Inc.* (Professional Services) | 49 | 228 | ||||||
Relay Therapeutics, Inc.* (Biotechnology) | 101 | 2,235 | ||||||
Relmada Therapeutics, Inc.* (Pharmaceuticals) | 23 | 423 | ||||||
Remitly Global, Inc.* (IT Services) | 18 | 219 | ||||||
Renasant Corp. (Banks) | 79 | 2,906 | ||||||
Reneo Pharmaceuticals, Inc.* (Biotechnology) | 13 | 81 | ||||||
Renewable Energy Group, Inc.* (Oil, Gas & Consumable Fuels) | 65 | 2,617 | ||||||
Rent the Runway, Inc.* - Class A (Internet & Direct Marketing Retail) | 25 | 144 | ||||||
Rent-A-Center, Inc. (Specialty Retail) | 96 | 4,046 | ||||||
Repay Holdings Corp.* (IT Services) | 126 | 2,254 | ||||||
Replimune Group, Inc.* (Biotechnology) | 43 | 853 | ||||||
Republic Bancorp, Inc. - Class A (Banks) | 14 | 686 | ||||||
Republic First Bancorp, Inc.* (Banks) | 65 | 280 | ||||||
Resideo Technologies, Inc.* (Building Products) | 210 | 5,204 | ||||||
Resources Connection, Inc. (Professional Services) | 46 | 802 | ||||||
Retail Opportunity Investments Corp. (Equity Real Estate Investment Trusts) | 172 | 3,187 | ||||||
Retail Value, Inc. (Equity Real Estate Investment Trusts) | 25 | 79 | ||||||
Retractable Technologies, Inc.* (Health Care Equipment & Supplies) | 25 | 137 | ||||||
REV Group, Inc. (Machinery) | 41 | 551 | ||||||
Revance Therapeutics, Inc.* (Pharmaceuticals) | 102 | 1,360 | ||||||
Revlon, Inc.* - Class A (Personal Products) | 10 | 99 | ||||||
REVOLUTION Medicines, Inc.* (Biotechnology) | 86 | 1,851 | ||||||
Revolve Group, Inc.* (Internet & Direct Marketing Retail) | 52 | 2,565 | ||||||
REX American Resources Corp.* (Oil, Gas & Consumable Fuels) | 8 | 771 | ||||||
Rhythm Pharmaceuticals, Inc.* (Biotechnology) | 64 | 474 | ||||||
Ribbon Communications, Inc.* (Communications Equipment) | 102 | 459 | ||||||
Rigel Pharmaceuticals, Inc.* (Biotechnology) | 248 | 635 | ||||||
Riley Exploration Permian, Inc. (Oil, Gas & Consumable Fuels) | 4 | 107 | ||||||
Rimini Street, Inc.* (Software) | 65 | 335 | ||||||
Riot Blockchain, Inc.*(a) (Software) | 129 | 2,056 | ||||||
Rite Aid Corp.* (Food & Staples Retailing) | 81 | 859 | ||||||
RLI Corp. (Insurance) | 58 | 6,077 | ||||||
RLJ Lodging Trust (Equity Real Estate Investment Trusts) | 240 | 3,324 | ||||||
Rocket Pharmaceuticals, Inc.* (Biotechnology) | 60 | 998 | ||||||
Rocky Brands, Inc. (Textiles, Apparel & Luxury Goods) | 10 | 428 | ||||||
Rogers Corp.* (Electronic Equipment, Instruments & Components) | 27 | 7,369 | ||||||
Romeo Power, Inc.* (Electrical Equipment) | 187 | 441 | ||||||
RPC, Inc.* (Energy Equipment & Services) | 98 | 579 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
RPT Realty (Equity Real Estate Investment Trusts) | 121 | $ | 1,527 | |||||
Rubius Therapeutics, Inc.* (Biotechnology) | 67 | 452 | ||||||
Rush Enterprises, Inc. - Class A (Trading Companies & Distributors) | 61 | 3,222 | ||||||
Rush Enterprises, Inc. - Class B (Trading Companies & Distributors) | 9 | 457 | ||||||
Rush Street Interactive, Inc.* (Hotels, Restaurants & Leisure) | 76 | 771 | ||||||
Ruth's Hospitality Group, Inc.* (Hotels, Restaurants & Leisure) | 48 | 961 | ||||||
RxSight, Inc.* (Health Care Equipment & Supplies) | 12 | 123 | ||||||
Ryerson Holding Corp. (Metals & Mining) | 24 | 492 | ||||||
Ryman Hospitality Properties, Inc.* - Class I (Equity Real Estate Investment Trusts) | 78 | 6,895 | ||||||
S&T Bancorp, Inc. (Banks) | 56 | 1,725 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 331 | 4,505 | ||||||
Safe Bulkers, Inc.* (Marine) | 92 | 321 | ||||||
Safehold, Inc. (Equity Real Estate Investment Trusts) | 30 | 1,857 | ||||||
Safety Insurance Group, Inc. (Insurance) | 21 | 1,729 | ||||||
Saia, Inc.* (Road & Rail) | 38 | 10,804 | ||||||
Sailpoint Technologies Holding, Inc.* (Software) | 133 | 5,146 | ||||||
Sally Beauty Holdings, Inc.* (Specialty Retail) | 163 | 2,799 | ||||||
Sana Biotechnology, Inc.* (Biotechnology) | 125 | 1,095 | ||||||
Sanderson Farms, Inc. (Food Products) | 29 | 5,335 | ||||||
Sandy Spring Bancorp, Inc. (Banks) | 65 | 3,075 | ||||||
Sangamo Therapeutics, Inc.* (Biotechnology) | 172 | 1,037 | ||||||
Sanmina Corp.* (Electronic Equipment, Instruments & Components) | 92 | 3,479 | ||||||
Sapiens International Corp. N.V. (Software) | 45 | 1,433 | ||||||
Saul Centers, Inc. (Equity Real Estate Investment Trusts) | 17 | 839 | ||||||
ScanSource, Inc.* (Electronic Equipment, Instruments & Components) | 36 | 1,122 | ||||||
Schnitzer Steel Industries, Inc. - Class A (Metals & Mining) | 38 | 1,487 | ||||||
Scholar Rock Holding Corp.* (Biotechnology) | 41 | 730 | ||||||
Scholastic Corp. (Media) | 38 | 1,559 | ||||||
Schrodinger, Inc.* (Health Care Technology) | 66 | 1,871 | ||||||
Schweitzer-Mauduit International, Inc. (Paper & Forest Products) | 45 | 1,362 | ||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure) | 139 | 8,019 | ||||||
Scorpio Tankers, Inc. (Oil, Gas & Consumable Fuels) | 71 | 966 | ||||||
Sculptor Capital Management, Inc. (Capital Markets) | 32 | 627 | ||||||
Seacoast Banking Corp. of Florida (Banks) | 75 | 2,738 | ||||||
SeaSpine Holdings Corp.* (Health Care Equipment & Supplies) | 46 | 551 | ||||||
SeaWorld Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 75 | 4,469 | ||||||
SecureWorks Corp.* - Class A (Software) | 14 | 207 | ||||||
Seelos Therapeutics, Inc.* (Pharmaceuticals) | 142 | 162 | ||||||
Seer, Inc.* (Life Sciences Tools & Services) | 60 | 944 | ||||||
Select Energy Services, Inc.* (Energy Equipment & Services) | 91 | 607 | ||||||
Select Medical Holdings Corp. (Health Care Providers & Services) | 160 | 3,717 | ||||||
Selecta Biosciences, Inc.* (Biotechnology) | 133 | 333 | ||||||
Selective Insurance Group, Inc. (Insurance) | 86 | 6,785 | ||||||
Selectquote, Inc.* (Insurance) | 194 | 1,434 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 94 | 6,683 | ||||||
Seneca Foods Corp.* - Class A (Food Products) | 9 | 421 | ||||||
Sensei Biotherapeutics, Inc.* (Biotechnology) | 30 | 145 | ||||||
Senseonics Holdings, Inc.* (Health Care Equipment & Supplies) | 626 | 1,678 | ||||||
Sensient Technologies Corp. (Chemicals) | 61 | 5,169 | ||||||
Sera Prognostics, Inc.* - Class A (Biotechnology) | 7 | 47 | ||||||
Seres Therapeutics, Inc.* (Biotechnology) | 101 | 842 | ||||||
Seritage Growth Properties* - Class A (Equity Real Estate Investment Trusts) | 54 | 559 | ||||||
Service Properties Trust (Equity Real Estate Investment Trusts) | 238 | 2,035 | ||||||
ServisFirst Bancshares, Inc. (Banks) | 72 | 6,111 | ||||||
Sesen Bio, Inc.*(a) (Biotechnology) | 292 | 216 | ||||||
SFL Corp., Ltd. (Oil, Gas & Consumable Fuels) | 180 | 1,476 | ||||||
Shake Shack, Inc.* - Class A (Hotels, Restaurants & Leisure) | 54 | 3,568 | ||||||
Sharps Compliance Corp.* (Health Care Providers & Services) | 27 | 182 | ||||||
Shattuck Labs, Inc.* (Biotechnology) | 39 | 269 | ||||||
Shenandoah Telecommunications Co. (Wireless Telecommunication Services) | 70 | 1,594 | ||||||
Shift Technologies, Inc.* (Specialty Retail) | 90 | 206 | ||||||
Shockwave Medical, Inc.* (Health Care Equipment & Supplies) | 49 | 7,103 | ||||||
Shoe Carnival, Inc. (Specialty Retail) | 26 | 888 | ||||||
ShotSpotter, Inc.* (Software) | 12 | 316 | ||||||
Shutterstock, Inc. (Internet & Direct Marketing Retail) | 34 | 3,298 | ||||||
SI-BONE, Inc.* (Health Care Equipment & Supplies) | 47 | 926 | ||||||
Sientra, Inc.* (Health Care Equipment & Supplies) | 84 | 236 | ||||||
Sierra Bancorp (Banks) | 20 | 531 | ||||||
SIGA Technologies, Inc.* (Pharmaceuticals) | 70 | 456 | ||||||
Sight Sciences, Inc.* (Health Care Equipment & Supplies) | 16 | 234 | ||||||
Sigilon Therapeutics, Inc.* (Biotechnology) | 22 | 43 | ||||||
Signet Jewelers, Ltd. (Specialty Retail) | 77 | 6,633 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 58 | 9,581 | ||||||
Silk Road Medical, Inc.* (Health Care Equipment & Supplies) | 50 | 1,641 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Silverback Therapeutics, Inc.* (Biotechnology) | 30 | $ | 146 | |||||
Silvergate Capital Corp.* - Class A (Banks) | 40 | 4,310 | ||||||
Simmons First National Corp. - Class A (Banks) | 165 | 4,719 | ||||||
Simpson Manufacturing Co., Inc. (Building Products) | 63 | 7,107 | ||||||
Simulations Plus, Inc. (Health Care Technology) | 22 | 935 | ||||||
Sinclair Broadcast Group, Inc. - Class A (Media) | 67 | 1,841 | ||||||
Singular Genomics Systems, Inc.* (Life Sciences Tools & Services) | 17 | 132 | ||||||
SiriusPoint, Ltd.* (Insurance) | 128 | 1,084 | ||||||
SITE Centers Corp. (Equity Real Estate Investment Trusts) | 251 | 3,717 | ||||||
SiTime Corp.* (Semiconductors & Semiconductor Equipment) | 23 | 5,361 | ||||||
SJW Corp. (Water Utilities) | 40 | 2,754 | ||||||
Skyline Champion Corp.* (Household Durables) | 76 | 5,118 | ||||||
SkyWater Technology, Inc.* (Semiconductors & Semiconductor Equipment) | 12 | 120 | ||||||
SkyWest, Inc.* (Airlines) | 72 | 2,747 | ||||||
Sleep Number Corp.* (Specialty Retail) | 32 | 2,288 | ||||||
SM Energy Co. (Oil, Gas & Consumable Fuels) | 174 | 5,709 | ||||||
SMART Global Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 25 | 1,434 | ||||||
SmartFinancial, Inc. (Banks) | 20 | 536 | ||||||
Smith & Wesson Brands, Inc. (Leisure Products) | 69 | 1,179 | ||||||
Smith Micro Software, Inc.* (Software) | 67 | 280 | ||||||
Snap One Holdings Corp.* (Household Durables) | 20 | 376 | ||||||
SOC Telemed, Inc.* (Health Care Providers & Services) | 88 | 63 | ||||||
Society Pass, Inc.* (Interactive Media & Services) | 5 | 25 | ||||||
Solaris Oilfield Infrastructure, Inc. (Energy Equipment & Services) | 45 | 347 | ||||||
Solid Biosciences, Inc.* (Biotechnology) | 86 | 105 | ||||||
Solo Brands, Inc.* - Class A (Leisure Products) | 17 | 190 | ||||||
Sonic Automotive, Inc. - Class A (Specialty Retail) | 31 | 1,581 | ||||||
Sonos, Inc.* (Household Durables) | 174 | 4,388 | ||||||
Sorrento Therapeutics, Inc.* (Biotechnology) | 433 | 1,494 | ||||||
South Jersey Industries, Inc. (Gas Utilities) | 149 | 3,728 | ||||||
South Plains Financial, Inc. (Banks) | 15 | 434 | ||||||
Southern First Bancshares, Inc.* (Banks) | 11 | 645 | ||||||
Southern Missouri Bancorp, Inc. (Thrifts & Mortgage Finance) | 11 | 608 | ||||||
Southside Bancshares, Inc. (Banks) | 45 | 1,886 | ||||||
SouthState Corp. (Banks) | 101 | 8,524 | ||||||
Southwest Gas Holdings, Inc. (Gas Utilities) | 88 | 6,000 | ||||||
Southwestern Energy Co.* (Oil, Gas & Consumable Fuels) | 1,473 | 6,481 | ||||||
Sovos Brands, Inc.* (Food Products) | 37 | 543 | ||||||
SP Plus Corp.* (Commercial Services & Supplies) | 34 | 958 | ||||||
SpartanNash Co. (Food & Staples Retailing) | 52 | 1,278 | ||||||
Spectrum Pharmaceuticals, Inc.* (Biotechnology) | 236 | 166 | ||||||
Spero Therapeutics, Inc.* (Biotechnology) | 35 | 415 | ||||||
Spire, Inc. (Gas Utilities) | 73 | 4,812 | ||||||
Spirit Airlines, Inc.* (Airlines) | 143 | 3,070 | ||||||
Spirit of Texas Bancshares, Inc. (Banks) | 19 | 529 | ||||||
Sportsman's Warehouse Holdings, Inc.* (Specialty Retail) | 63 | 690 | ||||||
SpringWorks Therapeutics, Inc.* (Biotechnology) | 42 | 2,339 | ||||||
Sprout Social, Inc.* - Class A (Software) | 66 | 4,544 | ||||||
Sprouts Farmers Market, Inc.* (Food & Staples Retailing) | 164 | 4,451 | ||||||
Spruce Biosciences, Inc.* (Biotechnology) | 13 | 33 | ||||||
SPS Commerce, Inc.* (Software) | 52 | 6,440 | ||||||
SPX Corp.* (Machinery) | 64 | 3,340 | ||||||
SPX FLOW, Inc. (Machinery) | 60 | 5,172 | ||||||
SQZ Biotechnologies Co.* (Biotechnology) | 33 | 265 | ||||||
STAAR Surgical Co.* (Health Care Equipment & Supplies) | 69 | 5,018 | ||||||
STAG Industrial, Inc. (Equity Real Estate Investment Trusts) | 256 | 10,939 | ||||||
Stagwell, Inc.* (Media) | 89 | 665 | ||||||
Standard Motor Products, Inc. (Auto Components) | 30 | 1,436 | ||||||
Standex International Corp. (Machinery) | 17 | 1,689 | ||||||
Startek, Inc.* (IT Services) | 24 | 122 | ||||||
State Auto Financial Corp. (Insurance) | 26 | 1,344 | ||||||
Steelcase, Inc. - Class A (Commercial Services & Supplies) | 126 | 1,555 | ||||||
Stem, Inc.* (Electrical Equipment) | 165 | 2,026 | ||||||
Stepan Co. (Chemicals) | 31 | 3,415 | ||||||
StepStone Group, Inc. - Class A (Capital Markets) | 59 | 2,066 | ||||||
Stereotaxis, Inc.* (Health Care Equipment & Supplies) | 72 | 397 | ||||||
Sterling Check Corp.* (Professional Services) | 24 | 480 | ||||||
Sterling Construction Co., Inc.* (Construction & Engineering) | 40 | 1,016 | ||||||
Steven Madden, Ltd. (Textiles, Apparel & Luxury Goods) | 117 | 4,813 | ||||||
Stewart Information Services Corp. (Insurance) | 39 | 2,786 | ||||||
Stitch Fix, Inc.* - Class A (Internet & Direct Marketing Retail) | 118 | 1,939 | ||||||
Stock Yards Bancorp, Inc. (Banks) | 35 | 2,085 | ||||||
Stoke Therapeutics, Inc.* (Biotechnology) | 28 | 531 | ||||||
StoneMor, Inc.* (Diversified Consumer Services) | 47 | 118 | ||||||
Stoneridge, Inc.* (Auto Components) | 38 | 717 | ||||||
StoneX Group, Inc.* (Capital Markets) | 24 | 1,575 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Strategic Education, Inc. (Diversified Consumer Services) | 35 | $ | 2,088 | |||||
Stride, Inc.* (Diversified Consumer Services) | 60 | 2,104 | ||||||
Stronghold Digital Mining, Inc.* - Class A (Software) | 11 | 98 | ||||||
Sturm Ruger & Co., Inc. (Leisure Products) | 25 | 1,681 | ||||||
Summit Financial Group, Inc. (Banks) | 16 | 447 | ||||||
Summit Hotel Properties, Inc.* (Equity Real Estate Investment Trusts) | 150 | 1,413 | ||||||
Summit Materials, Inc.* - Class A (Construction Materials) | 172 | 6,117 | ||||||
Summit Therapeutics, Inc.* (Biotechnology) | 38 | 84 | ||||||
Sumo Logic, Inc.* (Software) | 127 | 1,513 | ||||||
Sun Country Airlines Holdings, Inc.* (Airlines) | 47 | 1,249 | ||||||
SunCoke Energy, Inc. (Metals & Mining) | 120 | 822 | ||||||
Sunnova Energy International, Inc.* (Independent Power and Renewable Electricity Producers) | 125 | 2,458 | ||||||
SunPower Corp.* (Semiconductors & Semiconductor Equipment) | 116 | 1,946 | ||||||
Sunstone Hotel Investors, Inc.* (Equity Real Estate Investment Trusts) | 316 | 3,574 | ||||||
Super Micro Computer, Inc.* (Technology Hardware, Storage & Peripherals) | 63 | 2,553 | ||||||
Superior Group of Cos., Inc. (Textiles, Apparel & Luxury Goods) | 17 | 347 | ||||||
Supernus Pharmaceuticals, Inc.* (Pharmaceuticals) | 71 | 2,190 | ||||||
Surface Oncology, Inc.* (Biotechnology) | 51 | 191 | ||||||
Surgery Partners, Inc.* (Health Care Providers & Services) | 49 | 2,091 | ||||||
Surmodics, Inc.* (Health Care Equipment & Supplies) | 20 | 914 | ||||||
Sutro BioPharma, Inc.* (Biotechnology) | 63 | 673 | ||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment) | 57 | 11,991 | ||||||
Syndax Pharmaceuticals, Inc.* (Biotechnology) | 65 | 1,062 | ||||||
Syros Pharmaceuticals, Inc.* (Biotechnology) | 83 | 164 | ||||||
Tabula Rasa HealthCare, Inc.* (Health Care Technology) | 33 | 356 | ||||||
Tactile Systems Technology, Inc.* (Health Care Equipment & Supplies) | 28 | 442 | ||||||
Talaris Therapeutics, Inc.* (Biotechnology) | 31 | 292 | ||||||
Talis Biomedical Corp.* (Health Care Equipment & Supplies) | 21 | 62 | ||||||
Talos Energy, Inc.* (Oil, Gas & Consumable Fuels) | 54 | 575 | ||||||
Tanger Factory Outlet Centers, Inc. (Equity Real Estate Investment Trusts) | 148 | 2,517 | ||||||
Target Hospitality Corp.* (Hotels, Restaurants & Leisure) | 36 | 119 | ||||||
Tarsus Pharmaceuticals, Inc.* (Pharmaceuticals) | 12 | 241 | ||||||
Tattooed Chef, Inc.* (Food Products) | 69 | 876 | ||||||
Taylor Morrison Home Corp.* (Household Durables) | 173 | 5,309 | ||||||
Taysha Gene Therapies, Inc.* (Biotechnology) | 33 | 262 | ||||||
TCR2 Therapeutics, Inc.* (Biotechnology) | 44 | 147 | ||||||
Team, Inc.* (Commercial Services & Supplies) | 38 | 27 | ||||||
TechTarget, Inc.* (Media) | 38 | 3,152 | ||||||
Teekay Corp.* (Oil, Gas & Consumable Fuels) | 101 | 313 | ||||||
Teekay Tankers, Ltd.* - Class A (Oil, Gas & Consumable Fuels) | 35 | 373 | ||||||
TEGNA, Inc. (Media) | 321 | 6,215 | ||||||
Tejon Ranch Co.* (Real Estate Management & Development) | 30 | 522 | ||||||
Telephone and Data Systems, Inc. (Wireless Telecommunication Services) | 146 | 2,890 | ||||||
Telesat Corp.* (Diversified Telecommunication Services) | 19 | 430 | ||||||
Tellurian, Inc.* (Oil, Gas & Consumable Fuels) | 537 | 1,348 | ||||||
Telos Corp.* (Software) | 58 | 678 | ||||||
Tenable Holdings, Inc.* (Software) | 134 | 6,888 | ||||||
Tenaya Therapeutics, Inc.* (Biotechnology) | 20 | 238 | ||||||
Tenet Healthcare Corp.* (Health Care Providers & Services) | 154 | 11,414 | ||||||
Tennant Co. (Machinery) | 27 | 2,084 | ||||||
Tenneco, Inc.* (Auto Components) | 99 | 1,040 | ||||||
Terex Corp. (Machinery) | 99 | 4,130 | ||||||
Terns Pharmaceuticals, Inc.* (Pharmaceuticals) | 20 | 125 | ||||||
Terreno Realty Corp. (Equity Real Estate Investment Trusts) | 107 | 8,000 | ||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 78 | 10,856 | ||||||
TETRA Technologies, Inc.* (Energy Equipment & Services) | 178 | 522 | ||||||
Texas Capital Bancshares, Inc.* (Banks) | 74 | 4,640 | ||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 102 | 8,709 | ||||||
Textainer Group Holdings, Ltd. (Trading Companies & Distributors) | 68 | 2,501 | ||||||
TG Therapeutics, Inc.* (Biotechnology) | 188 | 2,175 | ||||||
The Andersons, Inc. (Food & Staples Retailing) | 46 | 1,753 | ||||||
The Bancorp, Inc.* (Banks) | 76 | 2,266 | ||||||
The Bank of Nt Butterfield & Son, Ltd. (Banks) | 73 | 2,675 | ||||||
The Brink's Co. (Commercial Services & Supplies) | 70 | 4,885 | ||||||
The Buckle, Inc. (Specialty Retail) | 43 | 1,619 | ||||||
The Cato Corp. - Class A (Specialty Retail) | 29 | 479 | ||||||
The Cheesecake Factory, Inc.* (Hotels, Restaurants & Leisure) | 67 | 2,391 | ||||||
The Children's Place, Inc.* (Specialty Retail) | 20 | 1,415 | ||||||
The Container Store Group, Inc.* (Specialty Retail) | 46 | 469 | ||||||
The E.W. Scripps Co.* - Class A (Media) | 83 | 1,702 | ||||||
The Ensign Group, Inc. (Health Care Providers & Services) | 76 | 5,733 | ||||||
The First Bancorp, Inc. (Banks) | 15 | 482 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
The GEO Group, Inc.* (Equity Real Estate Investment Trusts) | 171 | $ | 1,151 | |||||
The Goodyear Tire & Rubber Co.* (Auto Components) | 401 | 8,313 | ||||||
The Greenbrier Cos., Inc. (Machinery) | 46 | 1,857 | ||||||
The Hackett Group, Inc. (IT Services) | 36 | 689 | ||||||
The Joint Corp.* (Health Care Providers & Services) | 20 | 1,081 | ||||||
The Lovesac Co.* (Household Durables) | 19 | 1,023 | ||||||
The Macerich Co. (Equity Real Estate Investment Trusts) | 310 | 5,127 | ||||||
The Manitowoc Co., Inc.* (Machinery) | 50 | 913 | ||||||
The Marcus Corp.* (Entertainment) | 33 | 556 | ||||||
The ODP Corp.* (Specialty Retail) | 67 | 2,963 | ||||||
The Pennant Group, Inc.* (Health Care Providers & Services) | 37 | 615 | ||||||
The RealReal, Inc.* (Internet & Direct Marketing Retail) | 116 | 1,096 | ||||||
The RMR Group, Inc. - Class A (Real Estate Management & Development) | 22 | 704 | ||||||
The Shyft Group, Inc. (Machinery) | 50 | 2,097 | ||||||
The Simply Good Foods Co.* (Food Products) | 123 | 4,333 | ||||||
The St Joe Co. (Real Estate Management & Development) | 48 | 2,328 | ||||||
TherapeuticsMD, Inc.* (Pharmaceuticals) | 565 | 171 | ||||||
Theravance Biopharma, Inc.* (Pharmaceuticals) | 87 | 793 | ||||||
Thermon Group Holdings, Inc.* (Electrical Equipment) | 48 | 823 | ||||||
Theseus Pharmaceuticals, Inc.* (Pharmaceuticals) | 17 | 157 | ||||||
Third Coast Bancshares, Inc.* (Banks) | 5 | 120 | ||||||
Thorne HealthTech, Inc.* (Personal Products) | 10 | 54 | ||||||
Thryv Holdings, Inc.* (Media) | 11 | 357 | ||||||
Tidewater, Inc.* (Energy Equipment & Services) | 59 | 837 | ||||||
Tilly's, Inc. - Class A (Specialty Retail) | 33 | 435 | ||||||
TimkenSteel Corp.* (Metals & Mining) | 67 | 940 | ||||||
Tiptree, Inc. (Insurance) | 34 | 421 | ||||||
Titan International, Inc.* (Machinery) | 74 | 722 | ||||||
Titan Machinery, Inc.* (Trading Companies & Distributors) | 28 | 862 | ||||||
Tivity Health, Inc.* (Health Care Providers & Services) | 64 | 1,628 | ||||||
Tompkins Financial Corp. (Banks) | 20 | 1,591 | ||||||
Tonix Pharmaceuticals Holding Corp.* (Biotechnology) | 642 | 156 | ||||||
Tootsie Roll Industries, Inc. (Food Products) | 22 | 747 | ||||||
Torrid Holdings, Inc.* (Specialty Retail) | 19 | 175 | ||||||
TowneBank (Banks) | 97 | 3,044 | ||||||
TPG RE Finance Trust, Inc. - Class T (Mortgage Real Estate Investment Trusts) | 87 | 1,098 | ||||||
TPI Composites, Inc.* (Electrical Equipment) | 53 | 640 | ||||||
Traeger, Inc.* (Household Durables) | 33 | 336 | ||||||
Transcat, Inc.* (Trading Companies & Distributors) | 10 | 949 | ||||||
TransMedics Group, Inc.* (Health Care Equipment & Supplies) | 38 | 603 | ||||||
TravelCenters of America, Inc.* (Specialty Retail) | 18 | 820 | ||||||
Travere Therapeutics, Inc.* (Biotechnology) | 86 | 2,365 | ||||||
Treace Medical Concepts, Inc.* (Health Care Equipment & Supplies) | 44 | 798 | ||||||
Trean Insurance Group, Inc.* (Insurance) | 26 | 210 | ||||||
Tredegar Corp. (Chemicals) | 38 | 447 | ||||||
TreeHouse Foods, Inc.* (Food Products) | 75 | 2,905 | ||||||
Trevena, Inc.* (Biotechnology) | 237 | 129 | ||||||
Tri Pointe Homes, Inc.* (Household Durables) | 162 | 3,857 | ||||||
TriCo Bancshares (Banks) | 40 | 1,739 | ||||||
TriMas Corp. (Machinery) | 63 | 2,190 | ||||||
TriNet Group, Inc.* (Professional Services) | 59 | 5,027 | ||||||
Trinity Industries, Inc. (Machinery) | 112 | 3,218 | ||||||
Trinseo PLC (Chemicals) | 56 | 2,998 | ||||||
TriState Capital Holdings, Inc.* (Banks) | 42 | 1,327 | ||||||
Triton International, Ltd. (Trading Companies & Distributors) | 97 | 5,861 | ||||||
Triumph Bancorp, Inc.* (Banks) | 34 | 2,974 | ||||||
Triumph Group, Inc.* (Aerospace & Defense) | 92 | 1,676 | ||||||
Tronox Holdings PLC - Class A (Chemicals) | 166 | 3,768 | ||||||
TrueBlue, Inc.* (Professional Services) | 51 | 1,357 | ||||||
TrueCar, Inc.* (Interactive Media & Services) | 138 | 475 | ||||||
Trupanion, Inc.* (Insurance) | 55 | 5,239 | ||||||
TrustCo Bank Corp. (Thrifts & Mortgage Finance) | 27 | 915 | ||||||
Trustmark Corp. (Banks) | 90 | 2,932 | ||||||
TTEC Holdings, Inc. (IT Services) | 27 | 2,162 | ||||||
TTM Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 151 | 2,032 | ||||||
Tucows, Inc.* (IT Services) | 14 | 1,106 | ||||||
Tupperware Brands Corp.* (Household Durables) | 71 | 1,095 | ||||||
Turning Point Brands, Inc. (Tobacco) | 21 | 740 | ||||||
Turning Point Therapeutics, Inc.* (Biotechnology) | 67 | 2,494 | ||||||
Turtle Beach Corp.* (Technology Hardware, Storage & Peripherals) | 22 | 447 | ||||||
Tutor Perini Corp.* (Construction & Engineering) | 60 | 714 | ||||||
Twist Bioscience Corp.* (Biotechnology) | 68 | 4,041 | ||||||
Two Harbors Investment Corp. (Mortgage Real Estate Investment Trusts) | 499 | 2,869 | ||||||
Tyra Biosciences, Inc.* (Biotechnology) | 18 | 236 | ||||||
U.S. Cellular Corp.* (Wireless Telecommunication Services) | 22 | 674 | ||||||
U.S. Ecology, Inc.* (Commercial Services & Supplies) | 46 | 1,315 | ||||||
U.S. Lime & Minerals, Inc. (Construction Materials) | 3 | 379 | ||||||
U.S. Physical Therapy, Inc. (Health Care Providers & Services) | 19 | 1,839 | ||||||
U.S. Silica Holdings, Inc.* (Energy Equipment & Services) | 106 | 1,012 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Udemy, Inc.* (Diversified Consumer Services) | 20 | $ | 324 | |||||
UFP Industries, Inc. (Building Products) | 87 | 6,949 | ||||||
UFP Technologies, Inc.* (Containers & Packaging) | 10 | 710 | ||||||
Ultra Clean Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 64 | 3,227 | ||||||
UMB Financial Corp. (Banks) | 63 | 6,202 | ||||||
UMH Properties, Inc. (Equity Real Estate Investment Trusts) | 62 | 1,463 | ||||||
Unifi, Inc.* (Textiles, Apparel & Luxury Goods) | 20 | 380 | ||||||
UniFirst Corp. (Commercial Services & Supplies) | 22 | 4,182 | ||||||
Unisys Corp.* (IT Services) | 95 | 1,734 | ||||||
United Bankshares, Inc. (Banks) | 191 | 6,748 | ||||||
United Community Banks, Inc. (Banks) | 152 | 5,379 | ||||||
United Fire Group, Inc. (Insurance) | 30 | 748 | ||||||
United Insurance Holdings Corp. (Insurance) | 29 | 117 | ||||||
United Natural Foods, Inc.* (Food & Staples Retailing) | 81 | 3,141 | ||||||
Uniti Group, Inc. (Equity Real Estate Investment Trusts) | 285 | 3,437 | ||||||
Unitil Corp. (Multi-Utilities) | 23 | 1,080 | ||||||
Universal Corp. (Tobacco) | 35 | 1,905 | ||||||
Universal Electronics, Inc.* (Household Durables) | 18 | 639 | ||||||
Universal Health Realty Income Trust (Equity Real Estate Investment Trusts) | 19 | 1,108 | ||||||
Universal Insurance Holdings, Inc. (Insurance) | 39 | 672 | ||||||
Universal Logistics Holdings, Inc. (Road & Rail) | 11 | 187 | ||||||
Univest Financial Corp. (Banks) | 42 | 1,265 | ||||||
Upland Software, Inc.* (Software) | 42 | 823 | ||||||
Upwork, Inc.* (Professional Services) | 171 | 4,651 | ||||||
Uranium Energy Corp.* (Oil, Gas & Consumable Fuels) | 371 | 968 | ||||||
Urban Edge Properties (Equity Real Estate Investment Trusts) | 168 | 3,064 | ||||||
Urban Outfitters, Inc.* (Specialty Retail) | 99 | 2,843 | ||||||
Ur-Energy, Inc.* (Oil, Gas & Consumable Fuels) | 262 | 309 | ||||||
UroGen Pharma, Ltd.* (Biotechnology) | 28 | 216 | ||||||
Urstadt Biddle Properties, Inc. - Class A (Equity Real Estate Investment Trusts) | 43 | 847 | ||||||
US Xpress Enterprises, Inc.* - Class A (Road & Rail) | 39 | 176 | ||||||
USANA Health Sciences, Inc.* (Personal Products) | 17 | 1,625 | ||||||
Utah Medical Products, Inc. (Health Care Equipment & Supplies) | 5 | 470 | ||||||
Utz Brands, Inc. (Food Products) | 86 | 1,385 | ||||||
Valhi, Inc. (Chemicals) | 3 | 80 | ||||||
Valley National Bancorp (Banks) | 581 | 8,087 | ||||||
Value Line, Inc. (Capital Markets) | 1 | 59 | ||||||
Vanda Pharmaceuticals, Inc.* (Biotechnology) | 79 | 1,198 | ||||||
Vapotherm, Inc.* (Health Care Equipment & Supplies) | 33 | 534 | ||||||
Varex Imaging Corp.* (Health Care Equipment & Supplies) | 56 | 1,462 | ||||||
Varonis Systems, Inc.* (Software) | 155 | 5,775 | ||||||
Vaxart, Inc.* (Biotechnology) | 177 | 876 | ||||||
Vaxcyte, Inc.* (Pharmaceuticals) | 59 | 1,123 | ||||||
VBI Vaccines, Inc.* (Biotechnology) | 273 | 464 | ||||||
Vector Group, Ltd. (Tobacco) | 208 | 2,310 | ||||||
Vectrus, Inc.* (Aerospace & Defense) | 17 | 782 | ||||||
Veeco Instruments, Inc.* (Semiconductors & Semiconductor Equipment) | 72 | 1,979 | ||||||
Velocity Financial, Inc.* (Thrifts & Mortgage Finance) | 12 | 154 | ||||||
Velodyne Lidar, Inc.* (Electronic Equipment, Instruments & Components) | 110 | 430 | ||||||
Ventyx Biosciences, Inc.* (Pharmaceuticals) | 15 | 244 | ||||||
Vera Bradley, Inc.* (Textiles, Apparel & Luxury Goods) | 38 | 311 | ||||||
Vera Therapeutics, Inc.* (Biotechnology) | 14 | 279 | ||||||
Veracyte, Inc.* (Biotechnology) | 98 | 2,980 | ||||||
Verastem, Inc.* (Biotechnology) | 250 | 383 | ||||||
Vericel Corp.* (Biotechnology) | 67 | 2,384 | ||||||
Verint Systems, Inc.* (Software) | 93 | 4,774 | ||||||
Veris Residential, Inc.* (Equity Real Estate Investment Trusts) | 127 | 2,096 | ||||||
Veritex Holdings, Inc. (Banks) | 69 | 2,770 | ||||||
Veritiv Corp.* (Trading Companies & Distributors) | 21 | 1,955 | ||||||
Veritone, Inc.* (Software) | 41 | 647 | ||||||
Verra Mobility Corp.* - Class C (IT Services) | 209 | 3,311 | ||||||
Verrica Pharmaceuticals, Inc.* (Pharmaceuticals) | 19 | 156 | ||||||
Verso Corp. - Class A (Paper & Forest Products) | 39 | 1,048 | ||||||
Veru, Inc.* (Personal Products) | 93 | 484 | ||||||
Verve Therapeutics, Inc.* (Biotechnology) | 23 | 663 | ||||||
Via Renewables, Inc. (Multi-Utilities) | 17 | 194 | ||||||
Viad Corp.* (Commercial Services & Supplies) | 29 | 1,092 | ||||||
Viant Technology, Inc.* - Class A (Software) | 17 | 136 | ||||||
Viavi Solutions, Inc.* (Communications Equipment) | 347 | 5,712 | ||||||
Vicor Corp.* (Electrical Equipment) | 31 | 2,924 | ||||||
Viemed Healthcare, Inc.* (Health Care Providers & Services) | 51 | 236 | ||||||
View, Inc.* (Building Products) | 202 | 531 | ||||||
ViewRay, Inc.* (Health Care Equipment & Supplies) | 201 | 874 | ||||||
Viking Therapeutics, Inc.* (Biotechnology) | 99 | 367 | ||||||
Village Super Market, Inc. - Class A (Food & Staples Retailing) | 12 | 274 | ||||||
Vincerx Pharma, Inc.* (Biotechnology) | 24 | 173 | ||||||
Vir Biotechnology, Inc.* (Biotechnology) | 87 | 2,987 | ||||||
Viracta Therapeutics, Inc.* (Biotechnology) | 53 | 142 | ||||||
VirnetX Holding Corp.* (Software) | 92 | 208 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Virtus Investment Partners, Inc. (Capital Markets) | 11 | $ | 2,878 | |||||
Vishay Intertechnology, Inc. (Electronic Equipment, Instruments & Components) | 193 | 3,997 | ||||||
Vishay Precision Group, Inc.* (Electronic Equipment, Instruments & Components) | 18 | 577 | ||||||
Vista Outdoor, Inc.* (Leisure Products) | 83 | 3,202 | ||||||
VistaGen Therapeutics, Inc.* (Biotechnology) | 281 | 458 | ||||||
Visteon Corp.* (Auto Components) | 40 | 4,060 | ||||||
Vita Coco Co., Inc. (The)* (Beverages) | 16 | 175 | ||||||
Vital Farms, Inc.* (Food Products) | 36 | 595 | ||||||
Vivint Smart Home, Inc.* (Diversified Consumer Services) | 133 | 958 | ||||||
Vocera Communications, Inc.* (Health Care Technology) | 50 | 3,951 | ||||||
Vonage Holdings Corp.* (Software) | 350 | 7,294 | ||||||
Vor BioPharma, Inc.* (Biotechnology) | 27 | 223 | ||||||
VOXX International Corp.* (Auto Components) | 23 | 254 | ||||||
VSE Corp. (Commercial Services & Supplies) | 15 | 774 | ||||||
Vuzix Corp.* (Household Durables) | 85 | 555 | ||||||
W&T Offshore, Inc.* (Oil, Gas & Consumable Fuels) | 136 | 582 | ||||||
Wabash National Corp. (Machinery) | 72 | 1,413 | ||||||
Walker & Dunlop, Inc. (Thrifts & Mortgage Finance) | 42 | 5,561 | ||||||
Warrior Met Coal, Inc. (Metals & Mining) | 75 | 1,965 | ||||||
Washington Federal, Inc. (Thrifts & Mortgage Finance) | 94 | 3,292 | ||||||
Washington Real Estate Investment Trust (Equity Real Estate Investment Trusts) | 123 | 3,028 | ||||||
Washington Trust Bancorp, Inc. (Banks) | 25 | 1,427 | ||||||
Waterstone Financial, Inc. (Thrifts & Mortgage Finance) | 31 | 633 | ||||||
Watts Water Technologies, Inc. - Class A (Machinery) | 40 | 6,127 | ||||||
WaVe Life Sciences, Ltd.* (Pharmaceuticals) | 64 | 140 | ||||||
WD-40 Co. (Household Products) | 20 | 4,446 | ||||||
Weave Communications, Inc.* (Software) | 7 | 70 | ||||||
Weber, Inc. - Class A (Household Durables) | 26 | 282 | ||||||
Weis Markets, Inc. (Food & Staples Retailing) | 24 | 1,446 | ||||||
Welbilt, Inc.* (Machinery) | 189 | 4,489 | ||||||
Werewolf Therapeutics, Inc.* (Biotechnology) | 38 | 346 | ||||||
Werner Enterprises, Inc. (Road & Rail) | 89 | 3,969 | ||||||
WesBanco, Inc. (Banks) | 89 | 3,159 | ||||||
WESCO International, Inc.* (Trading Companies & Distributors) | 66 | 8,044 | ||||||
West Bancorp, Inc. (Banks) | 23 | 679 | ||||||
Westamerica Bancorp (Banks) | 38 | 2,207 | ||||||
Whitestone REIT (Equity Real Estate Investment Trusts) | 67 | 684 | ||||||
Whiting Petroleum Corp.* (Oil, Gas & Consumable Fuels) | 57 | 4,232 | ||||||
Whole Earth Brands, Inc.* (Food Products) | 54 | 512 | ||||||
WideOpenWest, Inc.* (Media) | 76 | 1,414 | ||||||
Willdan Group, Inc.* (Professional Services) | 16 | 503 | ||||||
Willis Lease Finance Corp.* (Trading Companies & Distributors) | 4 | 143 | ||||||
WillScot Mobile Mini Holdings Corp.* (Construction & Engineering) | 307 | 11,372 | ||||||
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 43 | 6,589 | ||||||
Winmark Corp. (Specialty Retail) | 5 | 1,077 | ||||||
Winnebago Industries, Inc. (Automobiles) | 47 | 3,033 | ||||||
WisdomTree Investments, Inc. (Capital Markets) | 195 | 1,094 | ||||||
Wolverine World Wide, Inc. (Textiles, Apparel & Luxury Goods) | 118 | 3,126 | ||||||
Workhorse Group, Inc.* (Auto Components) | 175 | 592 | ||||||
Workiva, Inc.* (Software) | 62 | 7,333 | ||||||
World Acceptance Corp.* (Consumer Finance) | 6 | 1,134 | ||||||
World Fuel Services Corp. (Oil, Gas & Consumable Fuels) | 90 | 2,539 | ||||||
Worthington Industries, Inc. (Metals & Mining) | 48 | 2,601 | ||||||
WSFS Financial Corp. (Thrifts & Mortgage Finance) | 94 | 4,924 | ||||||
WW International, Inc.* (Diversified Consumer Services) | 76 | 958 | ||||||
XBiotech, Inc. (Biotechnology) | 22 | 237 | ||||||
Xencor, Inc.* (Biotechnology) | 82 | 2,818 | ||||||
Xenia Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 165 | 2,861 | ||||||
Xilio Therapeutics, Inc.* (Biotechnology) | 11 | 150 | ||||||
XL Fleet Corp.* (Auto Components) | 51 | 109 | ||||||
XOMA Corp.* (Biotechnology) | 9 | 186 | ||||||
Xometry, Inc.* - Class A (Internet & Direct Marketing Retail) | 12 | 619 | ||||||
XPEL, Inc.* (Auto Components) | 26 | 1,621 | ||||||
Xperi Holding Corp. (Software) | 153 | 2,581 | ||||||
Xponential Fitness, Inc.* - Class A (Hotels, Restaurants & Leisure) | 13 | 227 | ||||||
Yellow Corp.* (Road & Rail) | 73 | 762 | ||||||
Yelp, Inc.* (Interactive Media & Services) | 104 | 3,592 | ||||||
Yext, Inc.* (Software) | 163 | 1,320 | ||||||
Y-mAbs Therapeutics, Inc.* (Biotechnology) | 51 | 504 | ||||||
York Water Co. (Water Utilities) | 19 | 863 | ||||||
Zentalis Pharmaceuticals, Inc.* (Biotechnology) | 53 | 3,025 | ||||||
Zevia PBC* - Class A (Beverages) | 15 | 120 | ||||||
Ziff Davis, Inc.* (Software) | 63 | 6,619 | ||||||
Zogenix, Inc.* (Pharmaceuticals) | 81 | 2,107 | ||||||
Zumiez, Inc.* (Specialty Retail) | 31 | 1,393 | ||||||
Zuora, Inc.* - Class A (Software) | 162 | 2,694 | ||||||
Zurn Water Solutions Corp. (Building Products) | 176 | 5,375 | ||||||
Zymergen, Inc.* (Chemicals) | 116 | 603 | ||||||
Zynex, Inc.(a) (Health Care Equipment & Supplies) | 31 | 246 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Value | ||||
TOTAL COMMON STOCKS (Cost $2,949,503) | $ | 3,882,242 |
Trust (0.0%)
Interest Units | Value | |||||||
Ferroglobe Representation and Warranty Insurance*+ (Metals & Mining) | 290 | $ | — | |||||
TOTAL TRUST (Cost $–) | — |
Repurchase Agreements(b)(c) (41.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $2,615,000 | $ | 2,615,000 | $ | 2,615,000 | ||||
TOTAL REPURCHASE AGREEMENTS (Cost $2,615,000) | 2,615,000 |
Collateral for Securities Loaned(d) (0.2%)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio - Institutional Shares, 0.03%(e) | 12,484 | $ | 12,484 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $12,484) | 12,484 | |||||||
TOTAL INVESTMENT SECURITIES (Cost $5,576,987) - 102.3% | 6,509,726 | |||||||
Net other assets (liabilities) - (2.3)% | (146,756 | ) | ||||||
NET ASSETS - 100.0% | $ | 6,362,970 |
* | Non-income producing security. |
+ | This security was fair valued based on procedures approved by the Board of Trustees. As of January 31, 2022, this security represented 0.000% of the net assets of the Fund. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $12,795. |
(b) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $480,000. |
(c) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Total Return Swap Agreements — Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
Russell 2000 Index | Goldman Sachs International | 2/28/22 | 0 .48% | $ | 687,645 | $ | 45,242 | |||||||||||
Russell 2000 Index | UBS AG | 2/28/22 | 0 .08% | 1,770,837 | 84,913 | |||||||||||||
$ | 2,458,482 | $ | 130,155 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
Small-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Small-Cap ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 24,379 | 0.4 | % | ||||
Air Freight & Logistics | 13,817 | 0.2 | % | |||||
Airlines | 13,149 | 0.2 | % | |||||
Auto Components | 53,817 | 0.8 | % | |||||
Automobiles | 7,705 | 0.1 | % | |||||
Banks | 353,538 | 5.6 | % | |||||
Beverages | 16,128 | 0.3 | % | |||||
Biotechnology | 294,166 | 4.6 | % | |||||
Building Products | 50,570 | 0.8 | % | |||||
Capital Markets | 63,170 | 1.0 | % | |||||
Chemicals | 78,143 | 1.2 | % | |||||
Commercial Services & Supplies | 67,861 | 1.1 | % | |||||
Communications Equipment | 33,643 | 0.5 | % | |||||
Construction & Engineering | 61,044 | 1.0 | % | |||||
Construction Materials | 7,482 | 0.1 | % | |||||
Consumer Finance | 30,492 | 0.5 | % | |||||
Containers & Packaging | 9,577 | 0.2 | % | |||||
Distributors | 692 | NM | ||||||
Diversified Consumer Services | 28,810 | 0.5 | % | |||||
Diversified Financial Services | 5,844 | 0.1 | % | |||||
Diversified Telecommunication Services | 18,635 | 0.3 | % | |||||
Electric Utilities | 25,145 | 0.4 | % | |||||
Electrical Equipment | 36,884 | 0.6 | % | |||||
Electronic Equipment, Instruments & Components | 85,654 | 1.3 | % | |||||
Energy Equipment & Services | 38,558 | 0.6 | % | |||||
Entertainment | 25,110 | 0.4 | % | |||||
Equity Real Estate Investment Trusts | 262,777 | 4.1 | % | |||||
Food & Staples Retailing | 40,630 | 0.6 | % | |||||
Food Products | 39,903 | 0.6 | % | |||||
Gas Utilities | 37,480 | 0.6 | % | |||||
Health Care Equipment & Supplies | 121,040 | 1.9 | % | |||||
Health Care Providers & Services | 103,822 | 1.6 | % | |||||
Health Care Technology | 46,045 | 0.7 | % | |||||
Hotels, Restaurants & Leisure | 92,699 | 1.5 | % | |||||
Household Durables | 73,579 | 1.2 | % | |||||
Household Products | 11,647 | 0.2 | % | |||||
Independent Power and Renewable Electricity Producers | 12,537 | 0.2 | % | |||||
Insurance | 79,015 | 1.2 | % | |||||
Interactive Media & Services | 14,075 | 0.2 | % | |||||
Internet & Direct Marketing Retail | 19,576 | 0.3 | % | |||||
IT Services | 64,381 | 1.0 | % | |||||
Leisure Products | 23,840 | 0.4 | % | |||||
Life Sciences Tools & Services | 25,679 | 0.4 | % | |||||
Machinery | 146,203 | 2.3 | % | |||||
Marine | 8,538 | 0.1 | % | |||||
Media | 43,225 | 0.7 | % | |||||
Metals & Mining | 49,613 | 0.8 | % | |||||
Mortgage Real Estate Investment Trusts | 52,866 | 0.8 | % | |||||
Multiline Retail | 15,648 | 0.2 | % | |||||
Multi-Utilities | 16,629 | 0.3 | % | |||||
Oil, Gas & Consumable Fuels | 165,720 | 2.6 | % | |||||
Paper & Forest Products | 5,369 | 0.1 | % | |||||
Personal Products | 21,656 | 0.3 | % | |||||
Pharmaceuticals | 58,513 | 0.9 | % | |||||
Professional Services | 68,010 | 1.1 | % | |||||
Real Estate Management & Development | 34,358 | 0.5 | % | |||||
Road & Rail | 33,581 | 0.5 | % | |||||
Semiconductors & Semiconductor Equipment | 136,770 | 2.1 | % | |||||
Software | 216,849 | 3.4 | % | |||||
Specialty Retail | 92,973 | 1.5 | % | |||||
Technology Hardware, Storage & Peripherals | 10,708 | 0.2 | % | |||||
Textiles, Apparel & Luxury Goods | 27,744 | 0.4 | % | |||||
Thrifts & Mortgage Finance | 73,909 | 1.2 | % | |||||
Tobacco | 5,461 | 0.1 | % | |||||
Trading Companies & Distributors | 61,876 | 1.0 | % | |||||
Water Utilities | 17,056 | 0.3 | % | |||||
Wireless Telecommunication Services | 6,229 | 0.1 | % | |||||
Other ** | 2,480,728 | 39.0 | % | |||||
Total | $ | 6,362,970 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (77.2%) | ||||||||
Shares | Value | |||||||
3M Co. (Industrial Conglomerates) | 1,506 | $ | 250,026 | |||||
A.O. Smith Corp. (Building Products) | 348 | 26,594 | ||||||
Abbott Laboratories (Health Care Equipment & Supplies) | 4,622 | 589,120 | ||||||
AbbVie, Inc. (Biotechnology) | 4,621 | 632,569 | ||||||
ABIOMED, Inc.* (Health Care Equipment & Supplies) | 119 | 35,209 | ||||||
Accenture PLC - Class A (IT Services) | 1,651 | 583,761 | ||||||
Activision Blizzard, Inc. (Entertainment) | 2,036 | 160,864 | ||||||
Adobe, Inc.* (Software) | 1,244 | 664,669 | ||||||
Advance Auto Parts, Inc. (Specialty Retail) | 165 | 38,199 | ||||||
Advanced Micro Devices, Inc.* (Semiconductors & Semiconductor Equipment) | 3,156 | 360,573 | ||||||
Aflac, Inc. (Insurance) | 1,591 | 99,947 | ||||||
Agilent Technologies, Inc. (Life Sciences Tools & Services) | 792 | 110,341 | ||||||
Air Products & Chemicals, Inc. (Chemicals) | 579 | 163,348 | ||||||
Akamai Technologies, Inc.* (IT Services) | 425 | 48,684 | ||||||
Alaska Air Group, Inc.* (Airlines) | 328 | 17,955 | ||||||
Albemarle Corp. (Chemicals) | 306 | 67,546 | ||||||
Alexandria Real Estate Equities, Inc. (Equity Real Estate Investment Trusts) | 369 | 71,896 | ||||||
Align Technology, Inc.* (Health Care Equipment & Supplies) | 192 | 95,032 | ||||||
Allegion PLC (Building Products) | 234 | 28,719 | ||||||
Alliant Energy Corp. (Electric Utilities) | 654 | 39,148 | ||||||
Alphabet, Inc.* - Class A (Interactive Media & Services) | 786 | 2,126,972 | ||||||
Alphabet, Inc.* - Class C (Interactive Media & Services) | 731 | 1,983,912 | ||||||
Altria Group, Inc. (Tobacco) | 4,802 | 244,326 | ||||||
Amazon.com, Inc.* (Internet & Direct Marketing Retail) | 1,140 | 3,410,276 | ||||||
Amcor PLC (Containers & Packaging) | 4,007 | 48,124 | ||||||
Ameren Corp. (Multi-Utilities) | 673 | 59,722 | ||||||
American Airlines Group, Inc.* (Airlines) | 1,692 | 27,867 | ||||||
American Electric Power Co., Inc. (Electric Utilities) | 1,316 | 118,966 | ||||||
American Express Co. (Consumer Finance) | 1,639 | 294,724 | ||||||
American International Group, Inc. (Insurance) | 2,170 | 125,318 | ||||||
American Tower Corp. (Equity Real Estate Investment Trusts) | 1,190 | 299,285 | ||||||
American Water Works Co., Inc. (Water Utilities) | 474 | 76,219 | ||||||
Ameriprise Financial, Inc. (Capital Markets) | 292 | 88,859 | ||||||
AmerisourceBergen Corp. (Health Care Providers & Services) | 391 | 53,254 | ||||||
AMETEK, Inc. (Electrical Equipment) | 605 | 82,746 | ||||||
Amgen, Inc. (Biotechnology) | 1,473 | 334,577 | ||||||
Amphenol Corp. - Class A (Electronic Equipment, Instruments & Components) | 1,563 | 124,399 | ||||||
Analog Devices, Inc. (Semiconductors & Semiconductor Equipment) | 1,404 | 230,214 | ||||||
ANSYS, Inc.* (Software) | 228 | 77,522 | ||||||
Anthem, Inc. (Health Care Providers & Services) | 634 | 279,588 | ||||||
Aon PLC (Insurance) | 576 | 159,229 | ||||||
APA Corp. (Oil, Gas & Consumable Fuels) | 949 | 31,516 | ||||||
Apple, Inc. (Technology Hardware, Storage & Peripherals) | 40,734 | 7,119,489 | ||||||
Applied Materials, Inc. (Semiconductors & Semiconductor Equipment) | 2,360 | 326,105 | ||||||
Aptiv PLC* (Auto Components) | 707 | 96,562 | ||||||
Archer-Daniels-Midland Co. (Food Products) | 1,462 | 109,651 | ||||||
Arista Networks, Inc.* (Communications Equipment) | 586 | 72,846 | ||||||
Arthur J. Gallagher & Co. (Insurance) | 542 | 85,603 | ||||||
Assurant, Inc. (Insurance) | 149 | 22,724 | ||||||
AT&T, Inc. (Diversified Telecommunication Services) | 18,664 | 475,932 | ||||||
Atmos Energy Corp. (Gas Utilities) | 346 | 37,098 | ||||||
Autodesk, Inc.* (Software) | 575 | 143,629 | ||||||
Automatic Data Processing, Inc. (IT Services) | 1,101 | 226,993 | ||||||
AutoZone, Inc.* (Specialty Retail) | 55 | 109,249 | ||||||
AvalonBay Communities, Inc. (Equity Real Estate Investment Trusts) | 365 | 89,144 | ||||||
Avery Dennison Corp. (Containers & Packaging) | 216 | 44,371 | ||||||
Baker Hughes Co. - Class A (Energy Equipment & Services) | 2,284 | 62,673 | ||||||
Ball Corp. (Containers & Packaging) | 847 | 82,243 | ||||||
Bank of America Corp. (Banks) | 18,823 | 868,492 | ||||||
Bath & Body Works, Inc. (Specialty Retail) | 691 | 38,744 | ||||||
Baxter International, Inc. (Health Care Equipment & Supplies) | 1,309 | 111,841 | ||||||
Becton, Dickinson & Co. (Health Care Equipment & Supplies) | 751 | 190,859 | ||||||
Berkshire Hathaway, Inc.* - Class B (Diversified Financial Services) | 4,787 | 1,498,427 | ||||||
Best Buy Co., Inc. (Specialty Retail) | 579 | 57,483 | ||||||
Biogen, Inc.* (Biotechnology) | 384 | 86,784 | ||||||
Bio-Rad Laboratories, Inc.* - Class A (Life Sciences Tools & Services) | 56 | 33,585 | ||||||
Bio-Techne Corp. (Life Sciences Tools & Services) | 103 | 38,770 | ||||||
BlackRock, Inc. - Class A (Capital Markets) | 373 | 306,957 | ||||||
Booking Holdings, Inc.* (Hotels, Restaurants & Leisure) | 107 | 262,806 | ||||||
BorgWarner, Inc. (Auto Components) | 627 | 27,494 | ||||||
Boston Properties, Inc. (Equity Real Estate Investment Trusts) | 372 | 41,694 | ||||||
Boston Scientific Corp.* (Health Care Equipment & Supplies) | 3,724 | 159,760 | ||||||
Bristol-Myers Squibb Co. (Pharmaceuticals) | 5,801 | 376,427 | ||||||
Broadcom, Inc. (Semiconductors & Semiconductor Equipment) | 1,076 | 630,406 | ||||||
Broadridge Financial Solutions, Inc. (IT Services) | 305 | 48,562 | ||||||
Brown & Brown, Inc. (Insurance) | 613 | 40,630 | ||||||
Brown-Forman Corp. - Class B (Beverages) | 478 | 32,232 | ||||||
C.H. Robinson Worldwide, Inc. (Air Freight & Logistics) | 340 | 35,581 | ||||||
Cadence Design Systems, Inc.* (Software) | 724 | 110,149 | ||||||
Caesars Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 559 | 42,562 | ||||||
Campbell Soup Co. (Food Products) | 529 | 23,339 | ||||||
Capital One Financial Corp. (Consumer Finance) | 1,112 | 163,164 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Cardinal Health, Inc. (Health Care Providers & Services) | 736 | $ | 37,956 | |||||
CarMax, Inc.* (Specialty Retail) | 424 | 47,136 | ||||||
Carnival Corp.* - Class A (Hotels, Restaurants & Leisure) | 2,103 | 41,660 | ||||||
Carrier Global Corp. (Building Products) | 2,265 | 107,995 | ||||||
Catalent, Inc.* (Pharmaceuticals) | 447 | 46,457 | ||||||
Caterpillar, Inc. (Machinery) | 1,414 | 285,007 | ||||||
Cboe Global Markets, Inc. (Capital Markets) | 279 | 33,070 | ||||||
CBRE Group, Inc.* - Class A (Real Estate Management & Development) | 875 | 88,673 | ||||||
CDW Corp. (Electronic Equipment, Instruments & Components) | 355 | 67,113 | ||||||
Celanese Corp. (Chemicals) | 285 | 44,377 | ||||||
Centene Corp.* (Health Care Providers & Services) | 1,525 | 118,584 | ||||||
CenterPoint Energy, Inc. (Multi-Utilities) | 1,644 | 46,624 | ||||||
Ceridian HCM Holding, Inc.* (Software) | 356 | 26,992 | ||||||
Cerner Corp. (Health Care Technology) | 769 | 70,133 | ||||||
CF Industries Holdings, Inc. (Chemicals) | 561 | 38,636 | ||||||
Charles River Laboratories International, Inc.* (Life Sciences Tools & Services) | 132 | 43,528 | ||||||
Charter Communications, Inc.* - Class A (Media) | 323 | 191,649 | ||||||
Chevron Corp. (Oil, Gas & Consumable Fuels) | 5,038 | 661,641 | ||||||
Chipotle Mexican Grill, Inc.* (Hotels, Restaurants & Leisure) | 74 | 109,933 | ||||||
Chubb, Ltd. (Insurance) | 1,126 | 222,137 | ||||||
Church & Dwight Co., Inc. (Household Products) | 638 | 65,491 | ||||||
Cigna Corp. (Health Care Providers & Services) | 866 | 199,578 | ||||||
Cincinnati Financial Corp. (Insurance) | 392 | 46,189 | ||||||
Cintas Corp. (Commercial Services & Supplies) | 230 | 90,052 | ||||||
Cisco Systems, Inc. (Communications Equipment) | 11,023 | 613,650 | ||||||
Citigroup, Inc. (Banks) | 5,186 | 337,712 | ||||||
Citizens Financial Group, Inc. (Banks) | 1,114 | 57,338 | ||||||
Citrix Systems, Inc. (Software) | 326 | 33,232 | ||||||
CME Group, Inc. (Capital Markets) | 939 | 215,501 | ||||||
CMS Energy Corp. (Multi-Utilities) | 757 | 48,736 | ||||||
Cognizant Technology Solutions Corp. - Class A (IT Services) | 1,373 | 117,282 | ||||||
Colgate-Palmolive Co. (Household Products) | 2,203 | 181,637 | ||||||
Comcast Corp. - Class A (Media) | 11,917 | 595,731 | ||||||
Comerica, Inc. (Banks) | 343 | 31,824 | ||||||
Conagra Brands, Inc. (Food Products) | 1,254 | 43,589 | ||||||
ConocoPhillips (Oil, Gas & Consumable Fuels) | 3,446 | 305,385 | ||||||
Consolidated Edison, Inc. (Multi-Utilities) | 925 | 79,966 | ||||||
Constellation Brands, Inc. - Class A (Beverages) | 429 | 101,995 | ||||||
Copart, Inc.* (Commercial Services & Supplies) | 558 | 72,122 | ||||||
Corning, Inc. (Electronic Equipment, Instruments & Components) | 2,007 | 84,374 | ||||||
Corteva, Inc. (Chemicals) | 1,905 | 91,592 | ||||||
Costco Wholesale Corp. (Food & Staples Retailing) | 1,155 | 583,424 | ||||||
Coterra Energy, Inc. (Oil, Gas & Consumable Fuels) | 2,126 | 46,559 | ||||||
Crown Castle International Corp. (Equity Real Estate Investment Trusts) | 1,130 | 206,236 | ||||||
CSX Corp. (Road & Rail) | 5,797 | 198,373 | ||||||
Cummins, Inc. (Machinery) | 374 | 82,609 | ||||||
CVS Health Corp. (Health Care Providers & Services) | 3,450 | 367,460 | ||||||
D.R. Horton, Inc. (Household Durables) | 852 | 76,016 | ||||||
Danaher Corp. (Health Care Equipment & Supplies) | 1,662 | 474,983 | ||||||
Darden Restaurants, Inc. (Hotels, Restaurants & Leisure) | 339 | 47,416 | ||||||
DaVita, Inc.* (Health Care Providers & Services) | 170 | 18,423 | ||||||
Deere & Co. (Machinery) | 737 | 277,407 | ||||||
Delta Air Lines, Inc.* (Airlines) | 1,673 | 66,401 | ||||||
DENTSPLY SIRONA, Inc. (Health Care Equipment & Supplies) | 571 | 30,503 | ||||||
Devon Energy Corp. (Oil, Gas & Consumable Fuels) | 1,646 | 83,238 | ||||||
DexCom, Inc.* (Health Care Equipment & Supplies) | 253 | 108,911 | ||||||
Diamondback Energy, Inc. (Oil, Gas & Consumable Fuels) | 445 | 56,141 | ||||||
Digital Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 742 | 110,729 | ||||||
Discover Financial Services (Consumer Finance) | 766 | 88,665 | ||||||
Discovery, Inc.*(a) (Media) | 442 | 12,336 | ||||||
Discovery, Inc.*(a) - Class C (Media) | 794 | 21,716 | ||||||
DISH Network Corp.* - Class A (Media) | 653 | 20,504 | ||||||
Dollar General Corp. (Multiline Retail) | 610 | 127,173 | ||||||
Dollar Tree, Inc.* (Multiline Retail) | 588 | 77,157 | ||||||
Dominion Energy, Inc. (Multi-Utilities) | 2,117 | 170,756 | ||||||
Domino's Pizza, Inc. (Hotels, Restaurants & Leisure) | 95 | 43,192 | ||||||
Dover Corp. (Machinery) | 376 | 63,886 | ||||||
Dow, Inc. (Chemicals) | 1,933 | 115,458 | ||||||
DTE Energy Co. (Multi-Utilities) | 506 | 60,938 | ||||||
Duke Energy Corp. (Electric Utilities) | 2,010 | 211,172 | ||||||
Duke Realty Corp. (Equity Real Estate Investment Trusts) | 995 | 57,491 | ||||||
DuPont de Nemours, Inc. (Chemicals) | 1,354 | 103,716 | ||||||
DXC Technology Co.* (IT Services) | 659 | 19,823 | ||||||
Eastman Chemical Co. (Chemicals) | 351 | 41,744 | ||||||
Eaton Corp. PLC (Electrical Equipment) | 1,042 | 165,083 | ||||||
eBay, Inc. (Internet & Direct Marketing Retail) | 1,636 | 98,275 | ||||||
Ecolab, Inc. (Chemicals) | 652 | 123,521 | ||||||
Edison International (Electric Utilities) | 993 | 62,350 | ||||||
Edwards Lifesciences Corp.* (Health Care Equipment & Supplies) | 1,632 | 178,214 | ||||||
Electronic Arts, Inc. (Entertainment) | 739 | 98,036 | ||||||
Eli Lilly & Co. (Pharmaceuticals) | 2,075 | 509,184 | ||||||
Emerson Electric Co. (Electrical Equipment) | 1,562 | 143,626 | ||||||
Enphase Energy, Inc.* (Semiconductors & Semiconductor Equipment) | 353 | 49,586 | ||||||
Entergy Corp. (Electric Utilities) | 525 | 58,679 | ||||||
EOG Resources, Inc. (Oil, Gas & Consumable Fuels) | 1,529 | 170,453 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued | ||||||||
Shares | Value | |||||||
EPAM Systems, Inc.* (IT Services) | 148 | $ | 70,469 | |||||
Equifax, Inc. (Professional Services) | 319 | 76,483 | ||||||
Equinix, Inc. (Equity Real Estate Investment Trusts) | 235 | 170,352 | ||||||
Equity Residential (Equity Real Estate Investment Trusts) | 892 | 79,147 | ||||||
Essex Property Trust, Inc. (Equity Real Estate Investment Trusts) | 170 | 56,525 | ||||||
Etsy, Inc.* (Internet & Direct Marketing Retail) | 331 | 51,993 | ||||||
Everest Re Group, Ltd. (Insurance) | 103 | 29,190 | ||||||
Evergy, Inc. (Electric Utilities) | 599 | 38,911 | ||||||
Eversource Energy (Electric Utilities) | 899 | 80,452 | ||||||
Exelon Corp. (Electric Utilities) | 2,557 | 148,178 | ||||||
Expedia Group, Inc.* (Hotels, Restaurants & Leisure) | 382 | 70,017 | ||||||
Expeditors International of Washington, Inc. (Air Freight & Logistics) | 443 | 50,715 | ||||||
Extra Space Storage, Inc. (Equity Real Estate Investment Trusts) | 350 | 69,367 | ||||||
Exxon Mobil Corp. (Oil, Gas & Consumable Fuels) | 11,064 | 840,421 | ||||||
F5, Inc.* (Communications Equipment) | 158 | 32,804 | ||||||
FactSet Research Systems, Inc. (Capital Markets) | 98 | 41,345 | ||||||
Fastenal Co. (Trading Companies & Distributors) | 1,503 | 85,190 | ||||||
Federal Realty Investment Trust (Equity Real Estate Investment) | 183 | 23,331 | ||||||
FedEx Corp. (Air Freight & Logistics) | 639 | 157,105 | ||||||
Fidelity National Information Services, Inc. (IT Services) | 1,591 | 190,793 | ||||||
Fifth Third Bancorp (Banks) | 1,787 | 79,754 | ||||||
First Horizon Corp. (Banks) | – | † | 5 | |||||
First Republic Bank (Banks) | 469 | 81,414 | ||||||
FirstEnergy Corp. (Electric Utilities) | 1,423 | 59,709 | ||||||
Fiserv, Inc.* (IT Services) | 1,553 | 164,152 | ||||||
FleetCor Technologies, Inc.* (IT Services) | 212 | 50,511 | ||||||
FMC Corp. (Chemicals) | 331 | 36,532 | ||||||
Ford Motor Co. (Automobiles) | 10,260 | 208,278 | ||||||
Fortinet, Inc.* (Software) | 355 | 105,520 | ||||||
Fortive Corp. (Machinery) | 937 | 66,096 | ||||||
Fortune Brands Home & Security, Inc. (Building Products) | 355 | 33,430 | ||||||
Fox Corp. - Class A (Media) | 837 | 33,991 | ||||||
Fox Corp. - Class B (Media) | 384 | 14,277 | ||||||
Franklin Resources, Inc. (Capital Markets) | 734 | 23,466 | ||||||
Freeport-McMoRan, Inc. (Metals & Mining) | 3,838 | 142,850 | ||||||
Garmin, Ltd. (Household Durables) | 397 | 49,395 | ||||||
Gartner, Inc.* (IT Services) | 215 | 63,186 | ||||||
Generac Holdings, Inc.* (Electrical Equipment) | 165 | 46,593 | ||||||
General Dynamics Corp. (Aerospace & Defense) | 606 | 128,533 | ||||||
General Electric Co. (Industrial Conglomerates) | 2,870 | 271,158 | ||||||
General Mills, Inc. (Food Products) | 1,583 | 108,720 | ||||||
General Motors Co.* (Automobiles) | 3,795 | 200,110 | ||||||
Genuine Parts Co. (Distributors) | 372 | 49,562 | ||||||
Gilead Sciences, Inc. (Biotechnology) | 3,278 | 225,133 | ||||||
Global Payments, Inc. (IT Services) | 758 | 113,609 | ||||||
Globe Life, Inc. (Insurance) | 243 | 24,859 | ||||||
Halliburton Co. (Energy Equipment & Services) | 2,340 | 71,932 | ||||||
Hartford Financial Services Group, Inc. (Insurance) | 890 | 63,964 | ||||||
Hasbro, Inc. (Leisure Products) | 339 | 31,351 | ||||||
HCA Healthcare, Inc. (Health Care Providers & Services) | 626 | 150,271 | ||||||
Healthpeak Properties, Inc. (Equity Real Estate Investment Trusts) | 1,409 | 49,836 | ||||||
Henry Schein, Inc.* (Health Care Providers & Services) | 362 | 27,259 | ||||||
Hess Corp. (Oil, Gas & Consumable Fuels) | 720 | 66,449 | ||||||
Hewlett Packard Enterprises Co. (Technology Hardware, Storage & Peripherals) | 3,419 | 55,832 | ||||||
Hilton Worldwide Holdings, Inc.* (Hotels, Restaurants & Leisure) | 728 | 105,640 | ||||||
Hologic, Inc.* (Health Care Equipment & Supplies) | 663 | 46,569 | ||||||
Honeywell International, Inc. (Industrial Conglomerates) | 1,799 | 367,859 | ||||||
Hormel Foods Corp. (Food Products) | 737 | 34,985 | ||||||
Host Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 1,866 | 32,356 | ||||||
Howmet Aerospace, Inc. (Aerospace & Defense) | 1,005 | 31,245 | ||||||
HP, Inc. (Technology Hardware, Storage & Peripherals) | 3,012 | 110,631 | ||||||
Humana, Inc. (Health Care Providers & Services) | 336 | 131,880 | ||||||
Huntington Bancshares, Inc. (Banks) | 3,781 | 56,942 | ||||||
Huntington Ingalls Industries, Inc. (Aerospace & Defense) | 105 | 19,656 | ||||||
IDEX Corp. (Machinery) | 199 | 42,873 | ||||||
IDEXX Laboratories, Inc.* (Health Care Equipment & Supplies) | 222 | 112,621 | ||||||
IHS Markit, Ltd. (Professional Services) | 1,042 | 121,695 | ||||||
Illinois Tool Works, Inc. (Machinery) | 747 | 174,738 | ||||||
Illumina, Inc.* (Life Sciences Tools & Services) | 409 | 142,667 | ||||||
Incyte Corp.* (Biotechnology) | 491 | 36,496 | ||||||
Ingersoll Rand, Inc. (Machinery) | 1,065 | 59,864 | ||||||
Intel Corp. (Semiconductors & Semiconductor Equipment) | 10,630 | 518,957 | ||||||
Intercontinental Exchange, Inc. (Capital Markets) | 1,473 | 186,570 | ||||||
International Business Machines Corp. (IT Services) | 2,344 | 313,088 | ||||||
International Flavors & Fragrances, Inc. (Chemicals) | 665 | 87,727 | ||||||
International Paper Co. (Containers & Packaging) | 1,012 | 48,829 | ||||||
Intuit, Inc. (Software) | 740 | 410,870 | ||||||
Intuitive Surgical, Inc.* (Health Care Equipment & Supplies) | 933 | 265,140 | ||||||
Invesco, Ltd. (Capital Markets) | 892 | 20,213 | ||||||
IPG Photonics Corp.* (Electronic Equipment, Instruments & Components) | 93 | 14,366 | ||||||
IQVIA Holdings, Inc.* (Life Sciences Tools & Services) | 499 | 122,205 | ||||||
Iron Mountain, Inc. (Equity Real Estate Investment Trusts) | 757 | 34,761 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued | ||||||||
Shares | Value | |||||||
J.B. Hunt Transport Services, Inc. (Road & Rail) | 220 | $ | 42,359 | |||||
Jack Henry & Associates, Inc. (IT Services) | 194 | 32,555 | ||||||
Jacobs Engineering Group, Inc. (Professional Services) | 341 | 44,391 | ||||||
Johnson & Johnson (Pharmaceuticals) | 6,881 | 1,185,528 | ||||||
Johnson Controls International PLC (Building Products) | 1,852 | 134,585 | ||||||
JPMorgan Chase & Co. (Banks) | 7,722 | 1,147,488 | ||||||
Juniper Networks, Inc. (Communications Equipment) | 850 | 29,597 | ||||||
Kellogg Co. (Food Products) | 669 | 42,147 | ||||||
KeyCorp (Banks) | 2,433 | 60,971 | ||||||
Keysight Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 481 | 81,202 | ||||||
Kimberly-Clark Corp. (Household Products) | 880 | 121,132 | ||||||
Kimco Realty Corp. (Equity Real Estate Investment Trusts) | 1,611 | 39,083 | ||||||
Kinder Morgan, Inc. (Oil, Gas & Consumable Fuels) | 5,097 | 88,484 | ||||||
KLA Corp. (Semiconductors & Semiconductor Equipment) | 396 | 154,151 | ||||||
L3Harris Technologies, Inc. (Aerospace & Defense) | 513 | 107,366 | ||||||
Laboratory Corp. of America Holdings* (Health Care Providers & Services) | 250 | 67,840 | ||||||
Lam Research Corp. (Semiconductors & Semiconductor Equipment) | 368 | 217,091 | ||||||
Lamb Weston Holding, Inc. (Food Products) | 382 | 24,528 | ||||||
Las Vegas Sands Corp.* (Hotels, Restaurants & Leisure) | 899 | 39,376 | ||||||
Leidos Holdings, Inc. (Professional Services) | 367 | 32,828 | ||||||
Lennar Corp. - Class A (Household Durables) | 711 | 68,334 | ||||||
Lincoln National Corp. (Insurance) | 444 | 31,071 | ||||||
Linde PLC (Chemicals) | 1,339 | 426,714 | ||||||
Live Nation Entertainment, Inc.* (Entertainment) | 353 | 38,657 | ||||||
LKQ Corp. (Distributors) | 701 | 38,478 | ||||||
Lockheed Martin Corp. (Aerospace & Defense) | 642 | 249,821 | ||||||
Loews Corp. (Insurance) | 524 | 31,262 | ||||||
Lowe's Cos., Inc. (Specialty Retail) | 1,810 | 429,604 | ||||||
Lumen Technologies, Inc. (Diversified Telecommunication Services) | 2,408 | 29,763 | ||||||
LyondellBasell Industries N.V. - Class A (Chemicals) | 687 | 66,454 | ||||||
M&T Bank Corp. (Banks) | 336 | 56,912 | ||||||
Marathon Oil Corp. (Oil, Gas & Consumable Fuels) | 2,035 | 39,621 | ||||||
Marathon Petroleum Corp. (Oil, Gas & Consumable Fuels) | 1,609 | 115,446 | ||||||
MarketAxess Holdings, Inc. (Capital Markets) | 99 | 34,104 | ||||||
Marriott International, Inc.* - Class A (Hotels, Restaurants & Leisure) | 716 | 115,283 | ||||||
Marsh & McLennan Cos., Inc. (Insurance) | 1,320 | 202,805 | ||||||
Martin Marietta Materials, Inc. (Construction Materials) | 163 | 63,427 | ||||||
Masco Corp. (Building Products) | 638 | 40,405 | ||||||
Mastercard, Inc. - Class A (IT Services) | 2,267 | 875,923 | ||||||
Match Group, Inc.* (Interactive Media & Services) | 740 | 83,398 | ||||||
McCormick & Co., Inc. (Food Products) | 652 | 65,402 | ||||||
McDonald's Corp. (Hotels, Restaurants & Leisure) | 1,953 | 506,705 | ||||||
McKesson Corp. (Health Care Providers & Services) | 399 | 102,431 | ||||||
Medtronic PLC (Health Care Equipment & Supplies) | 3,517 | 363,974 | ||||||
Merck & Co., Inc. (Pharmaceuticals) | 6,602 | 537,931 | ||||||
Meta Platforms, Inc.* - Class A (Interactive Media & Services) | 6,186 | 1,937,826 | ||||||
MetLife, Inc. (Insurance) | 1,869 | 125,335 | ||||||
Mettler-Toledo International, Inc.* (Life Sciences Tools & Services) | 60 | 88,361 | ||||||
MGM Resorts International (Hotels, Restaurants & Leisure) | 1,017 | 43,446 | ||||||
Microchip Technology, Inc. (Semiconductors & Semiconductor Equipment) | 1,450 | 112,346 | ||||||
Micron Technology, Inc. (Semiconductors & Semiconductor Equipment) | 2,923 | 240,475 | ||||||
Microsoft Corp. (Software) | 19,623 | 6,102,362 | ||||||
Mid-America Apartment Communities, Inc. (Equity Real Estate Investment Trusts) | 301 | 62,211 | ||||||
Moderna, Inc.* (Biotechnology) | 922 | 156,122 | ||||||
Mohawk Industries, Inc.* (Household Durables) | 143 | 22,575 | ||||||
Molson Coors Beverage Co. - Class B (Beverages) | 492 | 23,449 | ||||||
Mondelez International, Inc. - Class A (Food Products) | 3,646 | 244,392 | ||||||
Monolithic Power Systems, Inc. (Semiconductors & Semiconductor Equipment) | 113 | 45,531 | ||||||
Monster Beverage Corp.* (Beverages) | 982 | 85,159 | ||||||
Moody's Corp. (Capital Markets) | 423 | 145,089 | ||||||
Morgan Stanley (Capital Markets) | 3,752 | 384,729 | ||||||
Motorola Solutions, Inc. (Communications Equipment) | 441 | 102,286 | ||||||
MSCI, Inc. - Class A (Capital Markets) | 215 | 115,266 | ||||||
Nasdaq, Inc. (Capital Markets) | 306 | 54,838 | ||||||
NetApp, Inc. (Technology Hardware, Storage & Peripherals) | 584 | 50,522 | ||||||
Netflix, Inc.* (Entertainment) | 1,158 | 494,628 | ||||||
Newell Brands, Inc. (Household Durables) | 990 | 22,978 | ||||||
Newmont Corp. (Metals & Mining) | 2,084 | 127,478 | ||||||
News Corp. - Class A (Media) | 1,027 | 22,840 | ||||||
News Corp. - Class B (Media) | 318 | 7,072 | ||||||
NextEra Energy, Inc. (Electric Utilities) | 5,128 | 400,600 | ||||||
Nielsen Holdings PLC (Professional Services) | 938 | 17,691 | ||||||
NIKE, Inc. - Class B (Textiles, Apparel & Luxury Goods) | 3,340 | 494,554 | ||||||
NiSource, Inc. (Multi-Utilities) | 1,026 | 29,939 | ||||||
Norfolk Southern Corp. (Road & Rail) | 636 | 172,986 | ||||||
Northern Trust Corp. (Capital Markets) | 543 | 63,336 | ||||||
Northrop Grumman Corp. (Aerospace & Defense) | 389 | 143,891 | ||||||
NortonLifelock, Inc. (Software) | 1,520 | 39,535 | ||||||
Norwegian Cruise Line Holdings, Ltd.* (Hotels, Restaurants & Leisure) | 967 | 20,143 | ||||||
NRG Energy, Inc. (Electric Utilities) | 640 | 25,555 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued | ||||||||
Shares | Value | |||||||
Nucor Corp. (Metals & Mining) | 747 | $ | 75,746 | |||||
NVIDIA Corp. (Semiconductors & Semiconductor Equipment) | 6,535 | 1,600,159 | ||||||
NVR, Inc.* (Household Durables) | 9 | 47,945 | ||||||
NXP Semiconductors N.V. (Semiconductors & Semiconductor Equipment) | 695 | 142,781 | ||||||
Occidental Petroleum Corp. (Oil, Gas & Consumable Fuels) | 2,319 | 87,357 | ||||||
Old Dominion Freight Line, Inc. (Road & Rail) | 243 | 73,369 | ||||||
Omnicom Group, Inc. (Media) | 556 | 41,900 | ||||||
ONEOK, Inc. (Oil, Gas & Consumable Fuels) | 1,166 | 70,753 | ||||||
Oracle Corp. (Software) | 4,215 | 342,089 | ||||||
O'Reilly Automotive, Inc.* (Specialty Retail) | 176 | 114,708 | ||||||
Organon & Co. (Pharmaceuticals) | 663 | 21,156 | ||||||
Otis Worldwide Corp. (Machinery) | 1,110 | 94,827 | ||||||
PACCAR, Inc. (Machinery) | 908 | 84,435 | ||||||
Packaging Corp. of America (Containers & Packaging) | 248 | 37,356 | ||||||
Parker-Hannifin Corp. (Machinery) | 337 | 104,473 | ||||||
Paychex, Inc. (IT Services) | 839 | 98,801 | ||||||
Paycom Software, Inc.* (Software) | 126 | 42,248 | ||||||
PayPal Holdings, Inc.* (IT Services) | 3,070 | 527,856 | ||||||
Penn National Gaming, Inc.* (Hotels, Restaurants & Leisure) | 434 | 19,795 | ||||||
Pentair PLC (Machinery) | 432 | 27,518 | ||||||
People's United Financial, Inc. (Banks) | 1,119 | 21,686 | ||||||
PepsiCo, Inc. (Beverages) | 3,613 | 626,927 | ||||||
PerkinElmer, Inc. (Life Sciences Tools & Services) | 330 | 56,816 | ||||||
Pfizer, Inc. (Pharmaceuticals) | 14,670 | 772,962 | ||||||
Philip Morris International, Inc. (Tobacco) | 4,069 | 418,496 | ||||||
Phillips 66 (Oil, Gas & Consumable Fuels) | 1,145 | 97,085 | ||||||
Pinnacle West Capital Corp. (Electric Utilities) | 295 | 20,535 | ||||||
Pioneer Natural Resources Co. (Oil, Gas & Consumable Fuels) | 594 | 130,021 | ||||||
Pool Corp. (Distributors) | 105 | 50,006 | ||||||
PPG Industries, Inc. (Chemicals) | 620 | 96,844 | ||||||
PPL Corp. (Electric Utilities) | 1,962 | 58,232 | ||||||
Principal Financial Group, Inc. (Insurance) | 644 | 47,051 | ||||||
Prologis, Inc. (Equity Real Estate Investment Trusts) | 1,932 | 302,976 | ||||||
Prudential Financial, Inc. (Insurance) | 988 | 110,231 | ||||||
PTC, Inc.* (Software) | 276 | 32,088 | ||||||
Public Service Enterprise Group, Inc. (Multi-Utilities) | 1,322 | 87,953 | ||||||
Public Storage (Equity Real Estate Investment Trusts) | 399 | 143,053 | ||||||
PulteGroup, Inc. (Household Durables) | 662 | 34,881 | ||||||
PVH Corp. (Textiles, Apparel & Luxury Goods) | 186 | 17,672 | ||||||
Qorvo, Inc.* (Semiconductors & Semiconductor Equipment) | 288 | 39,537 | ||||||
Qualcomm, Inc. (Semiconductors & Semiconductor Equipment) | 2,927 | 514,450 | ||||||
Quanta Services, Inc. (Construction & Engineering) | 372 | 38,212 | ||||||
Quest Diagnostics, Inc. (Health Care Providers & Services) | 321 | 43,341 | ||||||
Ralph Lauren Corp. (Textiles, Apparel & Luxury Goods) | 127 | 14,077 | ||||||
Raymond James Financial, Inc. (Capital Markets) | 484 | 51,241 | ||||||
Raytheon Technologies Corp. (Aerospace & Defense) | 3,912 | 352,823 | ||||||
Realty Income Corp. (Equity Real Estate Investment Trusts) | 1,479 | 102,657 | ||||||
Regency Centers Corp. (Equity Real Estate Investment Trusts) | 403 | 28,915 | ||||||
Regeneron Pharmaceuticals, Inc.* (Biotechnology) | 276 | 167,971 | ||||||
Regions Financial Corp. (Banks) | 2,491 | 57,144 | ||||||
Republic Services, Inc. (Commercial Services & Supplies) | 547 | 69,830 | ||||||
ResMed, Inc. (Health Care Equipment & Supplies) | 381 | 87,097 | ||||||
Robert Half International, Inc. (Professional Services) | 291 | 32,959 | ||||||
Rockwell Automation, Inc. (Electrical Equipment) | 303 | 87,634 | ||||||
Rollins, Inc. (Commercial Services & Supplies) | 592 | 18,263 | ||||||
Roper Technologies, Inc. (Industrial Conglomerates) | 276 | 120,656 | ||||||
Ross Stores, Inc. (Specialty Retail) | 929 | 90,810 | ||||||
Royal Caribbean Cruises, Ltd.* (Hotels, Restaurants & Leisure) | 586 | 45,597 | ||||||
S&P Global, Inc. (Capital Markets) | 630 | 261,589 | ||||||
Salesforce.com, Inc.* (Software) | 2,559 | 595,300 | ||||||
SBA Communications Corp. (Equity Real Estate Investment Trusts) | 284 | 92,425 | ||||||
Schlumberger, Ltd. (Energy Equipment & Services) | 3,666 | 143,230 | ||||||
Seagate Technology Holdings PLC (Technology Hardware, Storage & Peripherals) | 535 | 57,325 | ||||||
Sealed Air Corp. (Containers & Packaging) | 387 | 26,285 | ||||||
Sempra Energy (Multi-Utilities) | 835 | 115,363 | ||||||
ServiceNow, Inc.* (Software) | 520 | 304,606 | ||||||
Signature Bank (Banks) | 158 | 48,132 | ||||||
Simon Property Group, Inc. (Equity Real Estate Investment Trusts) | 859 | 126,445 | ||||||
Skyworks Solutions, Inc. (Semiconductors & Semiconductor Equipment) | 432 | 63,297 | ||||||
Snap-on, Inc. (Machinery) | 140 | 29,155 | ||||||
SolarEdge Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 137 | 32,636 | ||||||
Southwest Airlines Co.* (Airlines) | 1,547 | 69,245 | ||||||
Stanley Black & Decker, Inc. (Machinery) | 426 | 74,401 | ||||||
Starbucks Corp. (Hotels, Restaurants & Leisure) | 3,084 | 303,219 | ||||||
State Street Corp. (Capital Markets) | 956 | 90,342 | ||||||
STERIS PLC (Health Care Equipment & Supplies) | 261 | 58,568 | ||||||
Stryker Corp. (Health Care Equipment & Supplies) | 878 | 217,788 | ||||||
SVB Financial Group* (Banks) | 153 | 89,337 | ||||||
Synchrony Financial (Consumer Finance) | 1,430 | 60,904 | ||||||
Synopsys, Inc.* (Software) | 399 | 123,890 | ||||||
Sysco Corp. (Food & Staples Retailing) | 1,340 | 104,721 | ||||||
T. Rowe Price Group, Inc. (Capital Markets) | 587 | 90,650 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued | ||||||||
Shares | Value | |||||||
Take-Two Interactive Software, Inc.* (Entertainment) | 301 | $ | 49,165 | |||||
Tapestry, Inc. (Textiles, Apparel & Luxury Goods) | 719 | 27,286 | ||||||
Target Corp. (Multiline Retail) | 1,275 | 281,048 | ||||||
TE Connectivity, Ltd. (Electronic Equipment, Instruments & Components) | 853 | 121,988 | ||||||
Teledyne Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 122 | 51,414 | ||||||
Teleflex, Inc. (Health Care Equipment & Supplies) | 122 | 37,843 | ||||||
Teradyne, Inc. (Semiconductors & Semiconductor Equipment) | 426 | 50,025 | ||||||
Tesla, Inc.* (Automobiles) | 2,126 | 1,991,467 | ||||||
Texas Instruments, Inc. (Semiconductors & Semiconductor Equipment) | 2,414 | 433,289 | ||||||
Textron, Inc. (Aerospace & Defense) | 576 | 39,203 | ||||||
The AES Corp. (Independent Power and Renewable Electricity Producers) | 1,743 | 38,660 | ||||||
The Allstate Corp. (Insurance) | 749 | 90,382 | ||||||
The Bank of New York Mellon Corp. (Capital Markets) | 1,985 | 117,631 | ||||||
The Boeing Co.* (Aerospace & Defense) | 1,444 | 289,147 | ||||||
The Charles Schwab Corp. (Capital Markets) | 3,929 | 344,572 | ||||||
The Clorox Co. (Household Products) | 321 | 53,883 | ||||||
The Coca-Cola Co. (Beverages) | 10,160 | 619,862 | ||||||
The Cooper Cos., Inc. (Health Care Equipment & Supplies) | 129 | 51,381 | ||||||
The Estee Lauder Co., Inc. (Personal Products) | 606 | 188,945 | ||||||
The Gap, Inc. (Specialty Retail) | 560 | 10,119 | ||||||
The Goldman Sachs Group, Inc. (Capital Markets) | 887 | 314,601 | ||||||
The Hershey Co. (Food Products) | 380 | 74,887 | ||||||
The Home Depot, Inc. (Specialty Retail) | 2,757 | 1,011,764 | ||||||
The Interpublic Group of Cos., Inc. (Media) | 1,029 | 36,571 | ||||||
The JM Smucker Co. - Class A (Food Products) | 283 | 39,784 | ||||||
The Kraft Heinz Co. (Food Products) | 1,855 | 66,409 | ||||||
The Kroger Co. (Food & Staples Retailing) | 1,769 | 77,111 | ||||||
The Mosaic Co. (Chemicals) | 968 | 38,672 | ||||||
The PNC Financial Services Group, Inc. (Banks) | 1,105 | 227,619 | ||||||
The Procter & Gamble Co. (Household Products) | 6,325 | 1,014,846 | ||||||
The Progressive Corp. (Insurance) | 1,529 | 166,141 | ||||||
The Sherwin-Williams Co. (Chemicals) | 630 | 180,502 | ||||||
The Southern Co. (Electric Utilities) | 2,770 | 192,488 | ||||||
The TJX Cos., Inc. (Specialty Retail) | 3,143 | 226,202 | ||||||
The Travelers Cos., Inc. (Insurance) | 643 | 106,854 | ||||||
The Walt Disney Co.* (Entertainment) | 4,749 | 678,965 | ||||||
The Williams Cos., Inc. (Oil, Gas & Consumable Fuels) | 3,176 | 95,089 | ||||||
Thermo Fisher Scientific, Inc. (Life Sciences Tools & Services) | 1,030 | 598,740 | ||||||
T-Mobile U.S., Inc.* (Wireless Telecommunication Services) | 1,534 | 165,933 | ||||||
Tractor Supply Co. (Specialty Retail) | 297 | 64,838 | ||||||
Trane Technologies PLC (Building Products) | 621 | 107,495 | ||||||
TransDigm Group, Inc.* (Aerospace & Defense) | 137 | 84,418 | ||||||
Trimble, Inc.* (Electronic Equipment, Instruments & Components) | 656 | 47,337 | ||||||
Truist Financial Corp. (Banks) | 3,488 | 219,116 | ||||||
Twitter, Inc.* (Interactive Media & Services) | 2,090 | 78,396 | ||||||
Tyler Technologies, Inc.* (Software) | 107 | 50,697 | ||||||
Tyson Foods, Inc. - Class A (Food Products) | 771 | 70,076 | ||||||
U.S. Bancorp (Banks) | 3,527 | 205,236 | ||||||
UDR, Inc. (Equity Real Estate Investment Trusts) | 760 | 43,198 | ||||||
Ulta Beauty, Inc.* (Specialty Retail) | 142 | 51,651 | ||||||
Under Armour, Inc.* - Class A (Textiles, Apparel & Luxury Goods) | 493 | 9,283 | ||||||
Under Armour, Inc.* - Class C (Textiles, Apparel & Luxury Goods) | 562 | 8,986 | ||||||
Union Pacific Corp. (Road & Rail) | 1,680 | 410,844 | ||||||
United Airlines Holdings , Inc.* (Airlines) | 846 | 36,276 | ||||||
United Parcel Service, Inc. - Class B (Air Freight & Logistics) | 1,906 | 385,411 | ||||||
United Rentals, Inc.* (Trading Companies & Distributors) | 189 | 60,503 | ||||||
UnitedHealth Group, Inc. (Health Care Providers & Services) | 2,462 | 1,163,468 | ||||||
Universal Health Services, Inc. - Class B (Health Care Providers & Services) | 191 | 24,841 | ||||||
Valero Energy Corp. (Oil, Gas & Consumable Fuels) | 1,069 | 88,695 | ||||||
Ventas, Inc. (Equity Real Estate Investment Trusts) | 1,043 | 55,300 | ||||||
VeriSign, Inc.* (IT Services) | 253 | 54,947 | ||||||
Verisk Analytics, Inc. (Professional Services) | 421 | 82,571 | ||||||
Verizon Communications, Inc. (Diversified Telecommunication Services) | 10,820 | 575,948 | ||||||
Vertex Pharmaceuticals, Inc.* (Biotechnology) | 665 | 161,628 | ||||||
VF Corp. (Textiles, Apparel & Luxury Goods) | 852 | 55,559 | ||||||
ViacomCBS, Inc. - Class B (Media) | 1,586 | 53,052 | ||||||
Viatris, Inc. (Pharmaceuticals) | 3,161 | 47,320 | ||||||
Visa, Inc. - Class A (IT Services) | 4,384 | 991,528 | ||||||
Vornado Realty Trust (Equity Real Estate Investment Trusts) | 416 | 17,060 | ||||||
Vulcan Materials Co. (Construction Materials) | 347 | 66,037 | ||||||
W.R. Berkley Corp. (Insurance) | 365 | 30,843 | ||||||
W.W. Grainger, Inc. (Trading Companies & Distributors) | 113 | 55,947 | ||||||
Walgreens Boots Alliance, Inc. (Food & Staples Retailing) | 1,877 | 93,400 | ||||||
Walmart, Inc. (Food & Staples Retailing) | 3,716 | 519,534 | ||||||
Waste Management, Inc. (Commercial Services & Supplies) | 1,006 | 151,342 | ||||||
Waters Corp.* (Life Sciences Tools & Services) | 160 | 51,219 | ||||||
WEC Energy Group, Inc. (Multi-Utilities) | 824 | 79,961 | ||||||
Wells Fargo & Co. (Banks) | 10,419 | 560,542 | ||||||
Welltower, Inc. (Equity Real Estate Investment Trusts) | 1,138 | 98,585 | ||||||
West Pharmaceutical Services, Inc. (Health Care Equipment & Supplies) | 194 | 76,285 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Summary Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued | ||||||||
Shares | Value | |||||||
Western Digital Corp.* (Technology Hardware, Storage & Peripherals) | 814 | $ | 42,116 | |||||
Westinghouse Air Brake Technologies Corp. (Machinery) | 488 | 43,383 | ||||||
WestRock Co. (Containers & Packaging) | 698 | 32,220 | ||||||
Weyerhaeuser Co. (Equity Real Estate Investment Trusts) | 1,958 | 79,162 | ||||||
Whirlpool Corp. (Household Durables) | 159 | 33,420 | ||||||
Willis Towers Watson PLC (Insurance) | 326 | 76,271 | ||||||
Wynn Resorts, Ltd.* (Hotels, Restaurants & Leisure) | 275 | 23,499 | ||||||
Xcel Energy, Inc. (Electric Utilities) | 1,408 | 98,081 | ||||||
Xilinx, Inc. (Semiconductors & Semiconductor Equipment) | 648 | 125,420 | ||||||
Xylem, Inc. (Machinery) | 471 | 49,464 | ||||||
Yum! Brands, Inc. (Hotels, Restaurants & Leisure) | 766 | 95,880 | ||||||
Zebra Technologies Corp.* (Electronic Equipment, Instruments & Components) | 140 | 71,277 | ||||||
Zimmer Biomet Holdings, Inc. (Health Care Equipment & Supplies) | 546 | 67,169 | ||||||
Zions Bancorp (Banks) | 409 | 27,738 | ||||||
Zoetis, Inc. (Pharmaceuticals) | 1,237 | 247,140 | ||||||
TOTAL COMMON STOCKS (Cost $43,612,548) | 99,931,811 |
Repurchase Agreements(b)(c) (23.3%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $30,137,000 | $ | 30,137,000 | $ | 30,137,000 | ||||
TOTAL REPURCHASE AGREEMENTS | ||||||||
(Cost $30,137,000) | 30,137,000 |
Collateral for Securities Loaned(d)(NM)
Shares | Value | |||||||
BlackRock Liquidity Funds FedFund Portfolio - Institutional Shares, 0.03%(e) | 30,198 | $ | 30,198 | |||||
TOTAL COLLATERAL FOR SECURITIES LOANED (Cost $30,198) | 30,198 | |||||||
TOTAL INVESTMENT SECURITIES | ||||||||
(Cost $73, 779,746) - 100.5% | 130,099,009 | |||||||
Net other assets (liabilities) - (0.5)% | (668,277 | ) | ||||||
NET ASSETS - 100.0% | $ | 129,430,732 |
† | Number of shares is less than 0.50. |
* | Non-income producing security. |
(a) | All or part of this security was on loan as of January 31, 2022. The total value of securities on loan as of January 31, 2022 was $30,332. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
(c) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $30,137,000. |
(d) | Securities were purchased with cash collateral held from securities on loan at January 31, 2022. |
(e) | Rate periodically changes. Rate disclosed is the daily yield on January 31, 2022. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Schedule of Portfolio Investments :: January 31, 2022
Total Return Swap Agreements — Long | ||||||||||||||||||
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||||
S&P 500 | Goldman Sachs International | 2/28/22 | 0 .68 | % | $ | 60,896,707 | $ | 2,276,162 | ||||||||||
SPDR S&P 500 ETF | Goldman Sachs International | 2/28/22 | 0 .59 | % | 10,917,310 | 452,364 | ||||||||||||
$ | 71,814,017 | $ | 2,728,526 | |||||||||||||||
S&P 500 | UBS AG | 2/28/22 | 0 .58 | % | $ | 66,171,321 | $ | 2,774,991 | ||||||||||
SPDR S&P 500 ETF | UBS AG | 2/28/22 | 0 .18 | % | 20,057,383 | 831,953 | ||||||||||||
$ | 86,228,704 | $ | 3,606,944 | |||||||||||||||
$ | 158,042,721 | $ | 6,335,470 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraBull ProFund :: Schedule of Portfolio Investments :: January 31, 2022
UltraBull ProFund invested in the following industries as of January 31, 2022: | ||||||||
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 1,446,103 | 1.1 | % | ||||
Air Freight & Logistics | 628,812 | 0.5 | % | |||||
Airlines | 217,744 | 0.2 | % | |||||
Auto Components | 124,056 | 0.1 | % | |||||
Automobiles | 2,399,855 | 1.9 | % | |||||
Banks | 4,235,403 | 3.3 | % | |||||
Beverages | 1,489,623 | 1.1 | % | |||||
Biotechnology | 1,801,280 | 1.4 | % | |||||
Building Products | 479,223 | 0.4 | % | |||||
Capital Markets | 2,983,969 | 2.3 | % | |||||
Chemicals | 1,723,382 | 1.3 | % | |||||
Commercial Services & Supplies | 401,609 | 0.3 | % | |||||
Communications Equipment | 851,183 | 0.7 | % | |||||
Construction & Engineering | 38,212 | NM | ||||||
Construction Materials | 129,464 | 0.1 | % | |||||
Consumer Finance | 607,457 | 0.5 | % | |||||
Containers & Packaging | 319,429 | 0.2 | % | |||||
Distributors | 138,046 | 0.1 | % | |||||
Diversified Financial Services | 1,498,427 | 1.2 | % | |||||
Diversified Telecommunication Services | 1,081,644 | 0.8 | % | |||||
Electric Utilities | 1,613,055 | 1.2 | % | |||||
Electrical Equipment | 525,682 | 0.4 | % | |||||
Electronic Equipment, Instruments & Components | 663,470 | 0.5 | % | |||||
Energy Equipment & Services | 277,835 | 0.2 | % | |||||
Entertainment | 1,520,315 | 1.2 | % | |||||
Equity Real Estate Investment Trusts | 2,583,221 | 2.0 | % | |||||
Food & Staples Retailing | 1,378,190 | 1.1 | % | |||||
Food Products | 947,909 | 0.7 | % | |||||
Gas Utilities | 37,098 | NM | ||||||
Health Care Equipment & Supplies | 3,358,867 | 2.6 | % | |||||
Health Care Providers & Services | 2,786,174 | 2.2 | % | |||||
Health Care Technology | 70,133 | 0.1 | % | |||||
Hotels, Restaurants & Leisure | 1,936,169 | 1.5 | % | |||||
Household Durables | 355,544 | 0.3 | % | |||||
Household Products | 1,436,989 | 1.1 | % | |||||
Independent Power and Renewable Electricity Producers | 38,660 | NM | ||||||
Industrial Conglomerates | 1,009,699 | 0.8 | % | |||||
Insurance | 1,938,036 | 1.5 | % | |||||
Interactive Media & Services | 6,210,503 | 4.8 | % | |||||
Internet & Direct Marketing Retail | 3,560,544 | 2.7 | % | |||||
IT Services | 4,592,523 | 3.5 | % | |||||
Leisure Products | 31,351 | NM | ||||||
Life Sciences Tools & Services | 1,286,232 | 1.0 | % | |||||
Machinery | 1,560,136 | 1.2 | % | |||||
Media | 1,051,639 | 0.8 | % | |||||
Metals & Mining | 346,074 | 0.3 | % | |||||
Multiline Retail | 485,378 | 0.4 | % | |||||
Multi-Utilities | 779,959 | 0.6 | % | |||||
Oil, Gas & Consumable Fuels | 3,074,354 | 2.4 | % | |||||
Personal Products | 188,945 | 0.1 | % | |||||
Pharmaceuticals | 3,744,105 | 2.9 | % | |||||
Professional Services | 408,618 | 0.3 | % | |||||
Real Estate Management & Development | 88,673 | 0.1 | % | |||||
Road & Rail | 897,931 | 0.7 | % | |||||
Semiconductors & Semiconductor Equipment | 5,887,029 | 4.5 | % | |||||
Software | 9,205,397 | 7.1 | % | |||||
Specialty Retail | 2,290,507 | 1.8 | % | |||||
Technology Hardware, Storage & Peripherals | 7,435,915 | 5.7 | % | |||||
Textiles, Apparel & Luxury Goods | 627,417 | 0.5 | % | |||||
Tobacco | 662,822 | 0.5 | % | |||||
Trading Companies & Distributors | 201,640 | 0.2 | % | |||||
Water Utilities | 76,219 | 0.1 | % | |||||
Wireless Telecommunication Services | 165,933 | 0.1 | % | |||||
Other ** | 29,498,921 | 22.8 | % | |||||
Total | $ | 129,430,732 | 100.0 | % |
** |
Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks (80.9%)
Shares | Value | |||||||
1-800-Flowers.com, Inc.* - Class A (Internet & Direct Marketing Retail) | 604 | $ | 10,286 | |||||
1Life Healthcare, Inc.* (Health Care Providers & Services) | 2,646 | 29,529 | ||||||
1st Source Corp. (Banks) | 384 | 19,154 | ||||||
1stdibs.com, Inc.* (Internet & Direct Marketing Retail) | 153 | 1,576 | ||||||
22nd Century Group, Inc.* (Tobacco) | 3,654 | 7,929 | ||||||
2seventy bio, Inc.* (Biotechnology) | 511 | 9,540 | ||||||
2U, Inc.* (Diversified Consumer Services) | 1,646 | 26,566 | ||||||
3D Systems Corp.* (Technology Hardware, Storage & Peripherals) | 2,813 | 50,353 | ||||||
4D Molecular Therapeutics, Inc.* (Biotechnology) | 627 | 9,907 | ||||||
89bio, Inc.* (Biotechnology) | 224 | 1,319 | ||||||
8x8, Inc.* (Software) | 2,561 | 39,311 | ||||||
9 Meters Biopharma, Inc.* (Pharmaceuticals) | 5,138 | 3,921 | ||||||
908 Devices, Inc.* (Electronic Equipment, Instruments & Components) | 423 | 6,692 | ||||||
A10 Networks, Inc. (Software) | 1,364 | 20,187 | ||||||
AAON, Inc. (Building Products) | 952 | 61,166 | ||||||
AAR Corp.* (Aerospace & Defense) | 772 | 31,088 | ||||||
Aaron's Co., Inc. (The) (Specialty Retail) | 709 | 15,010 | ||||||
Abercrombie & Fitch Co.* (Specialty Retail) | 1,329 | 51,831 | ||||||
ABM Industries, Inc. (Commercial Services & Supplies) | 1,529 | 63,744 | ||||||
Absci Corp.* (Life Sciences Tools & Services) | 315 | 2,120 | ||||||
Acacia Research Corp.* (Professional Services) | 1,113 | 5,009 | ||||||
Academy Sports & Outdoors, Inc.* (Leisure Products) | 1,764 | 68,619 | ||||||
ACADIA Pharmaceuticals, Inc.* (Biotechnology) | 2,716 | 61,083 | ||||||
Acadia Realty Trust (Equity Real Estate Investment Trusts) | 1,971 | 39,006 | ||||||
Accel Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 1,277 | 16,103 | ||||||
Accelerate Diagnostics, Inc.* (Life Sciences Tools & Services) | 749 | 2,494 | ||||||
ACCO Brands Corp. (Commercial Services & Supplies) | 2,110 | 17,175 | ||||||
Accolade, Inc.* (Health Care Technology) | 1,141 | 21,793 | ||||||
Accuray, Inc.* (Health Care Equipment & Supplies) | 2,045 | 7,464 | ||||||
ACI Worldwide, Inc.* (Software) | 2,678 | 92,043 | ||||||
Aclaris Therapeutics, Inc.* (Pharmaceuticals) | 1,158 | 12,645 | ||||||
Acumen Pharmaceuticals, Inc.* (Biotechnology) | 228 | 1,167 | ||||||
Acushnet Holdings Corp. (Leisure Products) | 778 | 36,333 | ||||||
Acutus Medical, Inc.* (Health Care Equipment & Supplies) | 434 | 985 | ||||||
Adagio Therapeutics, Inc.* (Biotechnology) | 478 | 3,432 | ||||||
AdaptHealth Corp.* (Health Care Providers & Services) | 1,621 | 30,637 | ||||||
Addus HomeCare Corp.* (Health Care Providers & Services) | 348 | 27,781 | ||||||
Adicet Bio, Inc.* (Pharmaceuticals) | 475 | 5,995 | ||||||
Adient PLC* (Auto Components) | 2,149 | 90,194 | ||||||
Adtalem Global Education, Inc.* (Diversified Consumer Services) | 1,124 | 33,068 | ||||||
ADTRAN, Inc. (Communications Equipment) | 1,095 | 21,035 | ||||||
Advanced Energy Industries, Inc. (Semiconductors & Semiconductor Equipment) | 856 | 73,770 | ||||||
AdvanSix, Inc. (Chemicals) | 619 | 26,054 | ||||||
Advantage Solutions, Inc.* (Media) | 1,734 | 12,624 | ||||||
Advent Technologies Holdings, Inc.* (Electrical Equipment) | 357 | 1,514 | ||||||
Adverum Biotechnologies, Inc.* (Biotechnology) | 1,972 | 3,254 | ||||||
Aeglea BioTherapeutics, Inc.* (Biotechnology) | 917 | 3,943 | ||||||
Aemetis, Inc.* (Oil, Gas & Consumable Fuels) | 614 | 5,630 | ||||||
Aerie Pharmaceuticals, Inc.* (Pharmaceuticals) | 959 | 7,058 | ||||||
Aerojet Rocketdyne Holdings, Inc. (Aerospace & Defense) | 1,700 | 65,603 | ||||||
Aerovate Therapeutics, Inc.* (Biotechnology) | 229 | 2,707 | ||||||
AeroVironment, Inc.* (Aerospace & Defense) | 510 | 29,029 | ||||||
AerSale Corp.* (Aerospace & Defense) | 215 | 3,059 | ||||||
Aeva Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 2,399 | 12,547 | ||||||
AFC Gamma, Inc. (Mortgage Real Estate Investment Trusts) | 282 | 5,553 | ||||||
Affimed N.V.* (Biotechnology) | 2,635 | 10,751 | ||||||
AgEagle Aerial Systems, Inc.* (Machinery) | 1,540 | 1,848 | ||||||
Agenus, Inc.* (Biotechnology) | 4,965 | 13,703 | ||||||
Agiliti, Inc.* (Health Care Providers & Services) | 531 | 10,158 | ||||||
Agilysys, Inc.* (Software) | 482 | 18,345 | ||||||
Agios Pharmaceuticals, Inc.* (Biotechnology) | 1,233 | 38,087 | ||||||
Agree Realty Corp. (Equity Real Estate Investment Trusts) | 1,563 | 102,189 | ||||||
Air Transport Services Group, Inc.* (Air Freight & Logistics) | 1,340 | 35,979 | ||||||
AirSculpt Technologies, Inc.* (Health Care Providers & Services) | 149 | 2,192 | ||||||
aka Brands Holding Corp.* (Internet & Direct Marketing Retail) | 216 | 1,531 | ||||||
Akebia Therapeutics, Inc.* (Biotechnology) | 3,958 | 7,876 | ||||||
Akero Therapeutics, Inc.* (Biotechnology) | 584 | 10,232 | ||||||
Akouos, Inc.* (Biotechnology) | 545 | 3,526 | ||||||
Akoustis Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 1,109 | 6,709 | ||||||
Akoya Biosciences, Inc.* (Life Sciences Tools & Services) | 305 | 3,465 | ||||||
Alamo Group, Inc. (Machinery) | 226 | 31,832 | ||||||
Alarm.com Holdings, Inc.* (Software) | 1,073 | 80,014 | ||||||
Alaunos Therapeutics, Inc.* (Biotechnology) | 4,757 | 5,138 | ||||||
Albany International Corp. - Class A (Machinery) | 698 | 58,430 | ||||||
Albireo Pharma, Inc.* (Biotechnology) | 382 | 10,883 | ||||||
Aldeyra Therapeutics, Inc.* (Biotechnology) | 1,101 | 4,041 | ||||||
Alector, Inc.* (Biotechnology) | 1,327 | 21,046 | ||||||
Alerus Financial Corp. (Diversified Financial Services) | 342 | 9,691 | ||||||
Alexander & Baldwin, Inc. (Equity Real Estate Investment Trusts) | 1,640 | 37,638 | ||||||
Alexander's, Inc. (Equity Real Estate Investment Trusts) | 49 | 12,900 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Alignment Healthcare, Inc.* (Health Care Providers & Services) | 1,800 | $ | 13,680 | |||||
Aligos Therapeutics, Inc.* (Biotechnology) | 479 | 1,528 | ||||||
Alkami Technology, Inc.* (Software) | 645 | 9,894 | ||||||
Alkermes PLC* (Biotechnology) | 3,641 | 92,846 | ||||||
Allakos, Inc.* (Biotechnology) | 805 | 5,442 | ||||||
Allegheny Technologies, Inc.* (Metals & Mining) | 2,891 | 52,876 | ||||||
Allegiance Bancshares, Inc. (Banks) | 431 | 18,977 | ||||||
Allegiant Travel Co.* (Airlines) | 348 | 62,173 | ||||||
ALLETE, Inc. (Electric Utilities) | 1,192 | 76,085 | ||||||
Allied Motion Technologies, Inc. (Electrical Equipment) | 264 | 9,464 | ||||||
Allogene Therapeutics, Inc.* (Biotechnology) | 1,543 | 17,667 | ||||||
Allovir, Inc.* (Biotechnology) | 669 | 5,459 | ||||||
Allscripts Healthcare Solutions, Inc.* (Health Care Technology) | 2,757 | 55,747 | ||||||
Alpha & Omega Semiconductor, Ltd.* (Semiconductors & Semiconductor Equipment) | 484 | 21,795 | ||||||
Alpha Teknova, Inc.* (Biotechnology) | 158 | 2,493 | ||||||
Alphatec Holdings, Inc.* (Health Care Equipment & Supplies) | 1,608 | 16,627 | ||||||
Alpine Immune Sciences, Inc.* (Biotechnology) | 264 | 2,244 | ||||||
Alta Equipment Group, Inc.* (Trading Companies & Distributors) | 429 | 5,847 | ||||||
Altair Engineering, Inc.* - Class A (Software) | 1,050 | 66,066 | ||||||
Altimmune, Inc.* (Biotechnology) | 900 | 7,263 | ||||||
Alto Ingredients, Inc.* (Oil, Gas & Consumable Fuels) | 1,623 | 8,407 | ||||||
Altra Industrial Motion Corp. (Machinery) | 1,471 | 71,020 | ||||||
Altus Midstream Co. - Class A (Oil, Gas & Consumable Fuels) | 74 | 4,664 | ||||||
ALX Oncology Holdings, Inc.* (Biotechnology) | 404 | 6,464 | ||||||
Amalgamated Financial Corp. (Banks) | 309 | 5,256 | ||||||
A-Mark Precious Metals, Inc. (Diversified Financial Services) | 202 | 12,504 | ||||||
Ambac Financial Group, Inc.* (Insurance) | 1,031 | 14,609 | ||||||
Ambarella, Inc.* (Semiconductors & Semiconductor Equipment) | 801 | 112,260 | ||||||
AMC Entertainment Holdings, Inc.* (Entertainment) | 11,716 | 188,159 | ||||||
AMC Networks, Inc.* - Class A (Media) | 661 | 28,178 | ||||||
Amerant Bancorp, Inc. (Banks) | 612 | 20,808 | ||||||
Ameresco, Inc.* - Class A (Construction & Engineering) | 701 | 35,478 | ||||||
American Assets Trust, Inc. (Equity Real Estate Investment Trusts) | 1,133 | 40,754 | ||||||
American Axle & Manufacturing Holdings, Inc.* (Auto Components) | 2,557 | 20,814 | ||||||
American Eagle Outfitters, Inc. (Specialty Retail) | 3,459 | 78,969 | ||||||
American Equity Investment Life Holding Co. (Insurance) | 1,874 | 77,096 | ||||||
American Finance Trust, Inc. (Equity Real Estate Investment Trusts) | 2,818 | 23,277 | ||||||
American National Bankshares, Inc. (Banks) | 237 | 8,959 | ||||||
American National Group, Inc. (Insurance) | 169 | 31,906 | ||||||
American Outdoor Brands, Inc.* (Leisure Products) | 320 | 5,306 | ||||||
American Public Education, Inc.* (Diversified Consumer Services) | 422 | 9,027 | ||||||
American Software, Inc. - Class A (Software) | 714 | 16,415 | ||||||
American States Water Co. (Water Utilities) | 837 | 77,198 | ||||||
American Superconductor Corp.* (Electrical Equipment) | 627 | 5,141 | ||||||
American Vanguard Corp. (Chemicals) | 666 | 10,103 | ||||||
American Well Corp.* - Class A (Health Care Technology) | 4,156 | 19,658 | ||||||
American Woodmark Corp.* (Building Products) | 376 | 22,534 | ||||||
America's Car-Mart, Inc.* (Specialty Retail) | 136 | 12,909 | ||||||
Ameris Bancorp (Banks) | 1,510 | 74,458 | ||||||
AMERISAFE, Inc. (Insurance) | 435 | 22,846 | ||||||
Amicus Therapeutics, Inc.* (Biotechnology) | 5,975 | 56,225 | ||||||
Amkor Technology, Inc. (Semiconductors & Semiconductor Equipment) | 2,317 | 51,020 | ||||||
AMMO, Inc.* (Leisure Products) | 1,980 | 9,187 | ||||||
AMN Healthcare Services, Inc.* (Health Care Providers & Services) | 1,067 | 108,129 | ||||||
Amneal Pharmaceuticals, Inc.* (Pharmaceuticals) | 2,263 | 10,025 | ||||||
Amphastar Pharmaceuticals, Inc.* (Pharmaceuticals) | 840 | 19,396 | ||||||
Ampio Pharmaceuticals, Inc.* (Pharmaceuticals) | 4,368 | 2,261 | ||||||
Amyris, Inc.* (Oil, Gas & Consumable Fuels) | 4,014 | 18,304 | ||||||
AnaptysBio, Inc.* (Biotechnology) | 438 | 14,003 | ||||||
Anavex Life Sciences Corp.* (Biotechnology) | 1,519 | 19,869 | ||||||
Angel Oak Mortgage, Inc. (Mortgage Real Estate Investment Trusts) | 165 | 2,820 | ||||||
AngioDynamics, Inc.* (Health Care Equipment & Supplies) | 852 | 18,429 | ||||||
Angion Biomedica Corp.* (Pharmaceuticals) | 494 | 1,334 | ||||||
ANI Pharmaceuticals, Inc.* (Pharmaceuticals) | 248 | 10,024 | ||||||
Anika Therapeutics, Inc.* (Health Care Equipment & Supplies) | 328 | 10,430 | ||||||
Annexon, Inc.* (Biotechnology) | 708 | 5,310 | ||||||
Antares Pharma, Inc.* (Health Care Equipment & Supplies) | 3,777 | 12,728 | ||||||
Anterix, Inc.* (Diversified Telecommunication Services) | 264 | 13,533 | ||||||
Antero Resources Corp.* (Oil, Gas & Consumable Fuels) | 6,492 | 126,788 | ||||||
Apartment Investment and Management Co.* (Equity Real Estate Investment Trusts) | 3,431 | 24,120 | ||||||
Apellis Pharmaceuticals, Inc.* (Biotechnology) | 1,622 | 65,318 | ||||||
API Group Corp.* (Construction & Engineering) | 4,580 | 102,134 | ||||||
Apogee Enterprises, Inc. (Building Products) | 563 | 25,138 | ||||||
Apollo Commercial Real Estate Finance, Inc. (Mortgage Real Estate Investment Trusts) | 3,179 | 43,393 | ||||||
Apollo Medical Holdings, Inc.* (Health Care Providers & Services) | 853 | 43,912 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Appfolio, Inc.* (Software) | 433 | $ | 49,908 | |||||
AppHarvest, Inc.* (Food Products) | 1,583 | 4,733 | ||||||
Appian Corp.* (Software) | 891 | 50,226 | ||||||
Apple Hospitality REIT, Inc. (Equity Real Estate Investment Trusts) | 4,863 | 78,440 | ||||||
Applied Industrial Technologies, Inc. (Trading Companies & Distributors) | 872 | 85,439 | ||||||
Applied Molecular Transport, Inc.* (Biotechnology) | 568 | 5,351 | ||||||
Applied Therapeutics, Inc.* (Biotechnology) | 402 | 1,238 | ||||||
Apria, Inc.* (Health Care Providers & Services) | 446 | 16,685 | ||||||
Apyx Medical Corp.* (Health Care Equipment & Supplies) | 708 | 8,142 | ||||||
AquaBounty Technologies, Inc.* (Biotechnology) | 1,191 | 2,108 | ||||||
Arbor Realty Trust, Inc. (Mortgage Real Estate Investment Trusts) | 3,265 | 57,170 | ||||||
Arbutus Biopharma Corp.* (Biotechnology) | 1,823 | 5,123 | ||||||
ArcBest Corp. (Road & Rail) | 575 | 50,853 | ||||||
Arch Resources, Inc. (Oil, Gas & Consumable Fuels) | 343 | 32,462 | ||||||
Archrock, Inc. (Energy Equipment & Services) | 3,057 | 25,801 | ||||||
Arcimoto, Inc.* (Automobiles) | 650 | 3,972 | ||||||
Arconic Corp.* (Metals & Mining) | 2,425 | 75,005 | ||||||
Arcosa, Inc. (Construction & Engineering) | 1,100 | 51,326 | ||||||
Arcturus Therapeutics Holdings, Inc.* (Biotechnology) | 479 | 12,516 | ||||||
Arcus Biosciences, Inc.* (Biotechnology) | 1,017 | 31,324 | ||||||
Arcutis Biotherapeutics, Inc.* (Biotechnology) | 628 | 9,489 | ||||||
Ardelyx, Inc.* (Biotechnology) | 2,193 | 1,812 | ||||||
Arena Pharmaceuticals, Inc.* (Biotechnology) | 1,402 | 128,956 | ||||||
Ares Commercial Real Estate Corp. (Mortgage Real Estate Investment Trusts) | 992 | 14,572 | ||||||
Argan, Inc. (Construction & Engineering) | 339 | 12,594 | ||||||
Argo Group International Holdings, Ltd. (Insurance) | 720 | 40,882 | ||||||
Aris Water Solution, Inc. - Class A (Commercial Services & Supplies) | 442 | 5,114 | ||||||
Arko Corp.* (Specialty Retail) | 2,733 | 22,465 | ||||||
Arlo Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 1,914 | 16,633 | ||||||
Armada Hoffler Properties, Inc. (Equity Real Estate Investment Trusts) | 1,371 | 19,235 | ||||||
ARMOUR Residential REIT, Inc. (Mortgage Real Estate Investment Trusts) | 2,020 | 18,948 | ||||||
Array Technologies, Inc.* (Electrical Equipment) | 2,899 | 30,555 | ||||||
Arrow Financial Corp. (Banks) | 314 | 11,109 | ||||||
Arrowhead Pharmaceuticals, Inc.* (Biotechnology) | 2,294 | �� | 121,031 | |||||
Arteris, Inc.* (Software) | 114 | 1,686 | ||||||
Artesian Resources Corp. - Class A (Water Utilities) | 185 | 8,917 | ||||||
Artisan Partners Asset Management, Inc. (Capital Markets) | 1,329 | 57,426 | ||||||
Artivion, Inc.* (Health Care Equipment & Supplies) | 861 | 15,326 | ||||||
Arvinas, Inc.* (Pharmaceuticals) | 1,070 | 76,494 | ||||||
Asana, Inc.* - Class A (Software) | 1,611 | 84,545 | ||||||
Asbury Automotive Group, Inc.* (Specialty Retail) | 526 | 84,670 | ||||||
Asensus Surgical, Inc.* (Health Care Equipment & Supplies) | 5,317 | 4,715 | ||||||
ASGN, Inc.* (Professional Services) | 1,156 | 132,790 | ||||||
Ashford Hospitality Trust, Inc.* (Equity Real Estate Investment Trusts) | 385 | 2,999 | ||||||
Aspen Aerogels, Inc.* (Energy Equipment & Services) | 501 | 14,880 | ||||||
Aspira Women's Health, Inc.* (Health Care Equipment & Supplies) | 1,650 | 1,997 | ||||||
Assetmark Financial Holdings, Inc.* (Capital Markets) | 413 | 9,908 | ||||||
Associated Banc-Corp. (Banks) | 3,372 | 80,591 | ||||||
Associated Capital Group, Inc. - Class A (Capital Markets) | 38 | 1,706 | ||||||
Astec Industries, Inc. (Machinery) | 515 | 32,594 | ||||||
Astronics Corp.* (Aerospace & Defense) | 566 | 6,809 | ||||||
Atara Biotherapeutics, Inc.* (Biotechnology) | 1,972 | 30,290 | ||||||
Atea Pharmaceuticals, Inc.* (Biotechnology) | 1,466 | 10,467 | ||||||
Aterian, Inc.* (Household Durables) | 588 | 1,905 | ||||||
Athenex, Inc.* (Biotechnology) | 1,962 | 2,001 | ||||||
Athersys, Inc.* (Biotechnology) | 4,648 | 4,602 | ||||||
Athira Pharma, Inc.* (Pharmaceuticals) | 732 | 7,540 | ||||||
Atkore, Inc.* (Electrical Equipment) | 1,041 | 112,199 | ||||||
Atlantic Capital Bancshares, Inc.* (Banks) | 447 | 13,464 | ||||||
Atlantic Union Bankshares (Banks) | 1,711 | 69,672 | ||||||
Atlanticus Holdings Corp.* (Consumer Finance) | 112 | 7,203 | ||||||
Atlas Air Worldwide Holdings, Inc.* (Air Freight & Logistics) | 653 | 52,455 | ||||||
Atlas Technical Consultants, Inc.* (Professional Services) | 327 | 3,175 | ||||||
ATN International, Inc. (Diversified Telecommunication Services) | 252 | 9,999 | ||||||
Atomera, Inc.* (Semiconductors & Semiconductor Equipment) | 461 | 6,514 | ||||||
Atossa Therapeutics, Inc.* (Health Care Equipment & Supplies) | 2,655 | 3,637 | ||||||
Atreca, Inc.* - Class A (Biotechnology) | 589 | 1,249 | ||||||
AtriCure, Inc.* (Health Care Equipment & Supplies) | 1,017 | 66,756 | ||||||
Atrion Corp. (Health Care Equipment & Supplies) | 32 | 19,373 | ||||||
Aura Biosciences, Inc.* (Biotechnology) | 124 | 2,263 | ||||||
Avalo Therapeutics, Inc.* (Pharmaceuticals) | 1,414 | 1,390 | ||||||
Avanos Medical, Inc.* (Health Care Equipment & Supplies) | 1,092 | 33,044 | ||||||
Avaya Holdings Corp.* - Class C (Software) | 1,873 | 34,126 | ||||||
Aveanna Healthcare Holdings, Inc.* (Health Care Providers & Services) | 895 | 4,914 | ||||||
Aviat Networks, Inc.* (Communications Equipment) | 248 | 7,197 | ||||||
Avid Bioservices, Inc.* (Biotechnology) | 1,367 | 25,795 | ||||||
Avid Technology, Inc.* (Technology Hardware, Storage & Peripherals) | 819 | 25,684 | ||||||
Avidity Biosciences, Inc.* (Biotechnology) | 855 | 14,210 | ||||||
AvidXchange Holdings, Inc.* (Software) | 571 | 5,916 | ||||||
Avient Corp. (Chemicals) | 2,066 | 102,825 | ||||||
Avis Budget Group, Inc.* (Road & Rail) | 938 | 165,257 | ||||||
Avista Corp. (Multi-Utilities) | 1,607 | 71,447 | ||||||
Avita Medical, Inc.* (Biotechnology) | 551 | 5,328 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Avrobio, Inc.* (Biotechnology) | 860 | $ | 1,668 | |||||
Axcelis Technologies, Inc.* (Semiconductors & Semiconductor Equipment) | 756 | 47,333 | ||||||
AxoGen, Inc.* (Health Care Equipment & Supplies) | 876 | 7,630 | ||||||
Axonics, Inc.* (Health Care Equipment & Supplies) | 1,040 | 49,327 | ||||||
Axos Financial, Inc.* - Class I (Thrifts & Mortgage Finance) | 1,294 | 66,641 | ||||||
Axsome Therapeutics, Inc.* (Pharmaceuticals) | 631 | 17,315 | ||||||
AXT, Inc.* (Semiconductors & Semiconductor Equipment) | 919 | 6,883 | ||||||
AZZ, Inc. (Electrical Equipment) | 562 | 26,740 | ||||||
B Riley Financial, Inc. (Capital Markets) | 459 | 28,261 | ||||||
B&G Foods, Inc. (Food Products) | 1,454 | 45,219 | ||||||
Babcock & Wilcox Enterprises, Inc.* (Electrical Equipment) | 1,256 | 8,918 | ||||||
Badger Meter, Inc. (Electronic Equipment, Instruments & Components) | 663 | 67,076 | ||||||
Balchem Corp. (Chemicals) | 732 | 107,559 | ||||||
Bally's Corp.* (Hotels, Restaurants & Leisure) | 739 | 26,412 | ||||||
Banc of California, Inc. (Banks) | 1,244 | 24,034 | ||||||
BancFirst Corp. (Banks) | 389 | 29,156 | ||||||
Banco Latinoamericano de Comercio Exterior S.A. - Class E (Diversified Financial Services) | 704 | 11,602 | ||||||
Bandwidth, Inc.* (Diversified Telecommunication Services) | 524 | 32,808 | ||||||
Bank First Corp. (Banks) | 150 | 10,499 | ||||||
Bank of Marin Bancorp (Banks) | 350 | 13,052 | ||||||
BankUnited, Inc. (Banks) | 2,020 | 84,335 | ||||||
Banner Corp. (Banks) | 775 | 48,135 | ||||||
Bar Harbor Bankshares (Banks) | 335 | 10,231 | ||||||
Barnes & Noble Education, Inc.* (Specialty Retail) | 1,025 | 6,171 | ||||||
Barnes Group, Inc. (Machinery) | 1,074 | 48,513 | ||||||
Barrett Business Services, Inc. (Professional Services) | 170 | 10,880 | ||||||
Bassett Furniture Industries, Inc. (Household Durables) | 209 | 3,879 | ||||||
Beacon Roofing Supply, Inc.* (Trading Companies & Distributors) | 1,267 | 69,520 | ||||||
Beam Global* (Electrical Equipment) | 199 | 2,623 | ||||||
Beam Therapeutics, Inc.* (Biotechnology) | 1,158 | 80,145 | ||||||
Beauty Health Co. (The)* (Personal Products) | 1,954 | 27,747 | ||||||
Beazer Homes USA, Inc.* (Household Durables) | 665 | 12,130 | ||||||
Bed Bath & Beyond, Inc.* (Specialty Retail) | 2,303 | 37,401 | ||||||
Belden, Inc. (Electronic Equipment, Instruments & Components) | 1,004 | 56,174 | ||||||
BellRing Brands, Inc.* - Class A (Personal Products) | 905 | 22,046 | ||||||
Benchmark Electronics, Inc. (Electronic Equipment, Instruments & Components) | 799 | 19,288 | ||||||
Benefitfocus, Inc.* (Software) | 567 | 6,316 | ||||||
Berkeley Lights, Inc.* (Life Sciences Tools & Services) | 1,098 | 10,662 | ||||||
Berkshire Hills Bancorp, Inc. (Banks) | 1,110 | 32,845 | ||||||
Berry Corp. (Oil, Gas & Consumable Fuels) | 1,531 | 13,304 | ||||||
Beyondspring, Inc.* (Biotechnology) | 508 | 1,641 | ||||||
BGC Partners, Inc. - Class A (Capital Markets) | 7,171 | 30,262 | ||||||
Big 5 Sporting Goods Corp. (Specialty Retail) | 472 | 9,294 | ||||||
Big Lots, Inc. (Multiline Retail) | 731 | 30,636 | ||||||
BigCommerce Holdings, Inc.* - Class 1 (IT Services) | 1,098 | 35,894 | ||||||
Biglari Holdings, Inc.* - Class B (Hotels, Restaurants & Leisure) | 18 | 2,133 | ||||||
BioAtla, Inc.* (Biotechnology) | 352 | 3,365 | ||||||
BioCryst Pharmaceuticals, Inc.* (Biotechnology) | 4,081 | 63,051 | ||||||
BioDelivery Sciences International, Inc.* (Pharmaceuticals) | 2,114 | 7,737 | ||||||
Biodesix, Inc.* (Health Care Providers & Services) | 279 | 1,113 | ||||||
Biohaven Pharmaceutical Holding Co., Ltd.* (Biotechnology) | 1,264 | 167,949 | ||||||
BioLife Solutions, Inc.* (Health Care Equipment & Supplies) | 236 | 7,042 | ||||||
Biomea Fusion, Inc.* (Biotechnology) | 492 | 3,523 | ||||||
Bionano Genomics, Inc.* (Life Sciences Tools & Services) | 6,622 | 14,701 | ||||||
Bioventus, Inc.* - Class A (Health Care Equipment & Supplies) | 636 | 8,287 | ||||||
Bioxcel Therapeutics, Inc.* (Biotechnology) | 391 | 6,608 | ||||||
BJ's Restaurants, Inc.* (Hotels, Restaurants & Leisure) | 511 | 15,376 | ||||||
BJ's Wholesale Club Holdings, Inc.* (Food & Staples Retailing) | 3,111 | 191,234 | ||||||
Black Diamond Therapeutics, Inc.* (Biotechnology) | 517 | 2,156 | ||||||
Black Hills Corp. (Multi-Utilities) | 1,453 | 98,426 | ||||||
Blackbaud, Inc.* (Software) | 1,086 | 74,000 | ||||||
Blackline, Inc.* (Software) | 1,230 | 113,000 | ||||||
Blackstone Mortgage Trust, Inc. - Class A (Mortgage Real Estate Investment Trusts) | 3,570 | 112,168 | ||||||
Blink Charging Co.* (Specialty Retail) | 829 | 17,334 | ||||||
Bloom Energy Corp.* (Electrical Equipment) | 3,229 | 48,693 | ||||||
Bloomin' Brands, Inc.* (Hotels, Restaurants & Leisure) | 2,007 | 40,802 | ||||||
Blucora, Inc.* (Capital Markets) | 1,100 | 17,842 | ||||||
Blue Bird Corp.* (Machinery) | 359 | 5,568 | ||||||
Blue Foundry Bancorp* (Thrifts & Mortgage Finance) | 636 | 9,336 | ||||||
Blue Ridge Bankshares, Inc. (Banks) | 394 | 7,187 | ||||||
Bluebird Bio, Inc.* (Biotechnology) | 1,533 | 12,095 | ||||||
Bluegreen Vacations Holding Corp.* (Hotels, Restaurants & Leisure) | 325 | 9,740 | ||||||
BlueLinx Holdings, Inc.* (Trading Companies & Distributors) | 209 | 14,973 | ||||||
Blueprint Medicines Corp.* (Biotechnology) | 1,328 | 102,389 | ||||||
Boise Cascade Co. (Trading Companies & Distributors) | 892 | 62,636 | ||||||
Bolt Biotherapeutics, Inc.* (Biotechnology) | 519 | 1,993 | ||||||
Boot Barn Holdings, Inc.* (Specialty Retail) | 663 | 60,976 | ||||||
Boston Omaha Corp.* - Class A (Media) | 463 | 12,219 | ||||||
Bottomline Technologies, Inc.* (Software) | 1,019 | 57,461 | ||||||
Box, Inc.* - Class A (Software) | 3,166 | 82,728 | ||||||
Brady Corp. - Class A (Commercial Services & Supplies) | 1,071 | 55,606 | ||||||
Braemar Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 1,297 | 6,939 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Brandywine Realty Trust (Equity Real Estate Investment Trusts) | 3,849 | $ | 49,498 | |||||
Bridgebio Pharma, Inc.* (Biotechnology) | 2,408 | 23,767 | ||||||
Bridgewater Bancshares, Inc.* (Thrifts & Mortgage Finance) | 478 | 8,504 | ||||||
Brigham Minerals, Inc. (Oil, Gas & Consumable Fuels) | 990 | 21,424 | ||||||
Bright Health Group, Inc.* (Insurance) | 1,205 | 3,350 | ||||||
Brightcove, Inc.* (IT Services) | 923 | 8,704 | ||||||
Brightsphere Investment Group, Inc. (Capital Markets) | 1,316 | 28,399 | ||||||
BrightSpire Capital, Inc. (Mortgage Real Estate Investment Trusts) | 1,916 | 17,991 | ||||||
BrightView Holdings, Inc.* (Commercial Services & Supplies) | 929 | 12,328 | ||||||
Brinker International, Inc.* (Hotels, Restaurants & Leisure) | 1,030 | 34,206 | ||||||
Bristow Group, Inc.* (Energy Equipment & Services) | 537 | 17,640 | ||||||
Broadmark Realty Capital, Inc. (Mortgage Real Estate Investment Trusts) | 2,916 | 27,352 | ||||||
Broadstone Net Lease, Inc. (Equity Real Estate Investment Trusts) | 3,574 | 82,595 | ||||||
Brookdale Senior Living, Inc.* (Health Care Providers & Services) | 4,192 | 22,176 | ||||||
Brookfield Infrastructure Corp. - Class A (Gas Utilities) | 1,402 | 92,981 | ||||||
Brookline Bancorp, Inc. (Banks) | 1,741 | 29,771 | ||||||
Brooklyn ImmunoTherapeutics, Inc.* (Entertainment) | 673 | 1,831 | ||||||
BRP Group, Inc.* - Class A (Insurance) | 1,076 | 32,840 | ||||||
BRT Apartments Corp. (Equity Real Estate Investment Trusts) | 258 | 5,725 | ||||||
BTRS Holdings, Inc.* (Software) | 1,496 | 9,574 | ||||||
Business First Bancshares, Inc. (Banks) | 434 | 11,913 | ||||||
Butterfly Network, Inc.* (Health Care Equipment & Supplies) | 2,829 | 16,408 | ||||||
Byline Bancorp, Inc. (Banks) | 566 | 14,716 | ||||||
Byrna Technologies, Inc.* (Aerospace & Defense) | 419 | 4,571 | ||||||
C4 Therapeutics, Inc.* (Biotechnology) | 877 | 21,425 | ||||||
Cabot Corp. (Chemicals) | 1,274 | 70,057 | ||||||
Cactus, Inc. - Class A (Energy Equipment & Services) | 1,262 | 61,157 | ||||||
Cadence Bank (Banks) | 4,269 | 133,065 | ||||||
Cadiz, Inc.* (Water Utilities) | 486 | 1,366 | ||||||
Cadre Holdings, Inc. (Aerospace & Defense) | 144 | 3,144 | ||||||
Caesarstone, Ltd. (Building Products) | 513 | 6,325 | ||||||
CalAmp Corp.* (Communications Equipment) | 806 | 4,788 | ||||||
Calavo Growers, Inc. (Food Products) | 389 | 16,108 | ||||||
Caleres, Inc. (Specialty Retail) | 836 | 20,047 | ||||||
California Resources Corp. (Oil, Gas & Consumable Fuels) | 1,839 | 78,378 | ||||||
California Water Service Group (Water Utilities) | 1,193 | 74,073 | ||||||
Calix, Inc.* (Communications Equipment) | 1,253 | 63,001 | ||||||
Callaway Golf Co.* (Leisure Products) | 2,630 | 62,752 | ||||||
Callon Petroleum Co.* (Oil, Gas & Consumable Fuels) | 1,079 | 53,346 | ||||||
Cal-Maine Foods, Inc. (Food Products) | 927 | 36,153 | ||||||
Cambium Networks Corp.* (Communications Equipment) | 244 | 5,900 | ||||||
Cambridge Bancorp (Banks) | 155 | 13,879 | ||||||
Camden National Corp. (Banks) | 335 | 16,636 | ||||||
Camping World Holdings, Inc. - Class A (Specialty Retail) | 948 | 31,474 | ||||||
Cannae Holdings, Inc.* (Diversified Financial Services) | 1,920 | 57,350 | ||||||
Canoo, Inc.* (Automobiles) | 2,419 | 14,804 | ||||||
Cantaloupe, Inc.* (IT Services) | 1,322 | 11,105 | ||||||
Capital Bancorp, Inc. (Banks) | 176 | 4,548 | ||||||
Capital City Bank Group, Inc. (Banks) | 306 | 8,464 | ||||||
Capitol Federal Financial, Inc. (Thrifts & Mortgage Finance) | 2,950 | 32,834 | ||||||
Capstar Financial Holdings, Inc. (Banks) | 465 | 9,974 | ||||||
Cara Therapeutics, Inc.* (Biotechnology) | 1,007 | 11,661 | ||||||
Cardiff Oncology, Inc.* (Biotechnology) | 862 | 2,914 | ||||||
Cardiovascular Systems, Inc.* (Health Care Equipment & Supplies) | 901 | 15,831 | ||||||
Cardlytics, Inc.* (Media) | 735 | 49,319 | ||||||
CareDx, Inc.* (Biotechnology) | 1,148 | 47,986 | ||||||
CareTrust REIT, Inc. (Equity Real Estate Investment Trusts) | 2,191 | 46,471 | ||||||
Cargurus, Inc.* (Interactive Media & Services) | 2,167 | 69,128 | ||||||
Caribou Biosciences, Inc.* (Biotechnology) | 460 | 4,936 | ||||||
CarLotz, Inc.* (Specialty Retail) | 1,625 | 3,299 | ||||||
CarParts.com, Inc.* (Internet & Direct Marketing Retail) | 1,110 | 10,212 | ||||||
Carpenter Technology Corp. (Metals & Mining) | 1,081 | 31,046 | ||||||
Carriage Services, Inc. (Diversified Consumer Services) | 349 | 17,562 | ||||||
Carrols Restaurant Group, Inc. (Hotels, Restaurants & Leisure) | 753 | 1,860 | ||||||
Cars.com, Inc.* (Interactive Media & Services) | 1,552 | 24,180 | ||||||
Carter Bankshares, Inc.* (Banks) | 588 | 9,049 | ||||||
Casa Systems, Inc.* (Communications Equipment) | 720 | 3,190 | ||||||
Casella Waste Systems, Inc.* - Class A (Commercial Services & Supplies) | 1,117 | 84,870 | ||||||
Cass Information Systems, Inc. (IT Services) | 314 | 12,774 | ||||||
Cassava Sciences, Inc.* (Pharmaceuticals) | 868 | 38,409 | ||||||
Castle Biosciences, Inc.* (Biotechnology) | 485 | 20,976 | ||||||
Castlight Health, Inc.* - Class B (Health Care Technology) | 2,798 | 5,708 | ||||||
Catalyst Pharmaceuticals, Inc.* (Biotechnology) | 2,200 | 12,672 | ||||||
CatchMark Timber Trust, Inc. - Class A (Equity Real Estate Investment Trusts) | 1,110 | 9,102 | ||||||
Cathay General Bancorp (Banks) | 1,684 | 76,049 | ||||||
Cavco Industries, Inc.* (Household Durables) | 210 | 56,582 | ||||||
CBIZ, Inc.* (Professional Services) | 1,112 | 42,957 | ||||||
CBTX, Inc. (Banks) | 417 | 12,272 | ||||||
CECO Environmental Corp.* (Commercial Services & Supplies) | 706 | 4,455 | ||||||
Celcuity, Inc.* (Biotechnology) | 219 | 2,435 | ||||||
Celldex Therapeutics, Inc.* (Biotechnology) | 1,044 | 32,374 | ||||||
CEL-SCI Corp.* (Biotechnology) | 816 | 4,929 | ||||||
Celsius Holdings, Inc.* (Beverages) | 1,224 | 58,422 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Centennial Resource Development, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 4,182 | $ | 32,661 | |||||
Centerspace (Equity Real Estate Investment Trusts) | 324 | 30,903 | ||||||
Central Garden & Pet Co.* (Household Products) | 223 | 10,345 | ||||||
Central Garden & Pet Co.* - Class A (Household Products) | 918 | 39,777 | ||||||
Central Pacific Financial Corp. (Banks) | 620 | 18,042 | ||||||
Centrus Energy Corp.* - Class A (Oil, Gas & Consumable Fuels) | 220 | 9,559 | ||||||
Century Aluminum Co.* (Metals & Mining) | 1,166 | 17,886 | ||||||
Century Casinos, Inc.* (Hotels, Restaurants & Leisure) | 618 | 6,149 | ||||||
Century Communities, Inc. (Household Durables) | 681 | 44,844 | ||||||
Century Therapeutics, Inc.* (Biotechnology) | 268 | 3,492 | ||||||
Cerence, Inc.* (Software) | 859 | 54,538 | ||||||
Cerevel Therapeutics Holdings, Inc.* (Biotechnology) | 925 | 24,087 | ||||||
Cerus Corp.* (Health Care Equipment & Supplies) | 3,817 | 20,459 | ||||||
CEVA, Inc.* (Semiconductors & Semiconductor Equipment) | 511 | 19,249 | ||||||
ChampionX Corp.* (Energy Equipment & Services) | 4,600 | 103,039 | ||||||
ChannelAdvisor Corp.* (Software) | 670 | 14,164 | ||||||
Chart Industries, Inc.* (Machinery) | 829 | 101,029 | ||||||
Chase Corp. (Chemicals) | 169 | 16,035 | ||||||
Chatham Lodging Trust* (Equity Real Estate Investment Trusts) | 1,085 | 14,398 | ||||||
Chefs' Warehouse, Inc.* (Food & Staples Retailing) | 713 | 21,276 | ||||||
ChemoCentryx, Inc.* (Biotechnology) | 1,225 | 32,940 | ||||||
Chesapeake Energy Corp. (Oil, Gas & Consumable Fuels) | 2,383 | 162,448 | ||||||
Chesapeake Utilities Corp. (Gas Utilities) | 391 | 53,258 | ||||||
Chicken Soup For The Soul Entertainment, Inc.* (Entertainment) | 165 | 1,678 | ||||||
Chico's FAS, Inc.* (Specialty Retail) | 2,724 | 12,830 | ||||||
Chimera Investment Corp. (Mortgage Real Estate Investment Trusts) | 5,348 | 77,545 | ||||||
Chimerix, Inc.* (Biotechnology) | 1,654 | 9,444 | ||||||
Chinook Therapeutics, Inc.* (Biotechnology) | 887 | 11,442 | ||||||
ChromaDex Corp.* (Life Sciences Tools & Services) | 1,064 | 2,990 | ||||||
Chuy's Holdings, Inc.* (Hotels, Restaurants & Leisure) | 451 | 11,370 | ||||||
Cimpress PLC* (Commercial Services & Supplies) | 397 | 26,686 | ||||||
Cinemark Holdings, Inc.* (Entertainment) | 2,451 | 37,010 | ||||||
CIRCOR International, Inc.* (Machinery) | 419 | 11,636 | ||||||
Citi Trends, Inc.* (Specialty Retail) | 195 | 9,500 | ||||||
Citius Pharmaceuticals, Inc.* (Pharmaceuticals) | 2,577 | 3,891 | ||||||
Citizens & Northern Corp. (Banks) | 347 | 8,717 | ||||||
Citizens, Inc.* (Insurance) | 1,133 | 5,382 | ||||||
City Holding Co. (Banks) | 339 | 27,191 | ||||||
City Office REIT, Inc. (Equity Real Estate Investment Trusts) | 970 | 17,295 | ||||||
Civista Bancshares, Inc. (Banks) | 337 | 8,125 | ||||||
Civitas Resources, Inc. (Oil, Gas & Consumable Fuels) | 987 | 53,792 | ||||||
Clarus Corp. (Leisure Products) | 599 | 13,495 | ||||||
Clean Energy Fuels Corp.* (Oil, Gas & Consumable Fuels) | 3,521 | 21,372 | ||||||
Cleanspark, Inc.* (Software) | 777 | 5,221 | ||||||
Clear Channel Outdoor Holdings, Inc.* (Media) | 8,243 | 25,224 | ||||||
Clearfield, Inc.* (Communications Equipment) | 259 | 16,698 | ||||||
ClearPoint Neuro, Inc.* (Health Care Equipment & Supplies) | 432 | 3,815 | ||||||
Clearwater Paper Corp.* (Paper & Forest Products) | 374 | 11,826 | ||||||
Clearway Energy, Inc. - Class A (Independent Power and Renewable Electricity Producers) | 791 | 24,402 | ||||||
Clearway Energy, Inc. - Class C (Independent Power and Renewable Electricity Producers) | 1,862 | 62,712 | ||||||
Clene, Inc.* (Biotechnology) | 465 | 1,307 | ||||||
Clipper Realty, Inc. (Equity Real Estate Investment Trusts) | 277 | 2,540 | ||||||
Clovis Oncology, Inc.* (Biotechnology) | 2,567 | 5,237 | ||||||
CMC Materials, Inc. (Semiconductors & Semiconductor Equipment) | 644 | 116,487 | ||||||
CNB Financial Corp. (Banks) | 365 | 9,749 | ||||||
CNO Financial Group, Inc. (Insurance) | 2,794 | 69,682 | ||||||
CNX Resources Corp.* (Oil, Gas & Consumable Fuels) | 4,753 | 70,487 | ||||||
Coastal Financial Corp.* (Banks) | 215 | 10,410 | ||||||
Coca-Cola Consolidated, Inc. (Beverages) | 107 | 61,310 | ||||||
Codex DNA, Inc.* (Life Sciences Tools & Services) | 176 | 1,380 | ||||||
Codexis, Inc.* (Life Sciences Tools & Services) | 1,366 | 28,003 | ||||||
Codiak Biosciences, Inc.* (Biotechnology) | 361 | 2,390 | ||||||
Coeur Mining, Inc.* (Metals & Mining) | 5,808 | 27,240 | ||||||
Cogent Biosciences, Inc.* (Biotechnology) | 843 | 6,373 | ||||||
Cogent Communications Holdings, Inc. (Diversified Telecommunication Services) | 967 | 61,511 | ||||||
Cohen & Steers, Inc. (Capital Markets) | 565 | 47,194 | ||||||
Coherus Biosciences, Inc.* (Biotechnology) | 1,475 | 18,231 | ||||||
Cohu, Inc.* (Semiconductors & Semiconductor Equipment) | 1,088 | 35,882 | ||||||
Collegium Pharmaceutical, Inc.* (Pharmaceuticals) | 783 | 13,977 | ||||||
Columbia Banking System, Inc. (Banks) | 1,778 | 61,821 | ||||||
Columbia Financial, Inc.* (Thrifts & Mortgage Finance) | 892 | 18,884 | ||||||
Columbus McKinnon Corp. (Machinery) | 632 | 27,353 | ||||||
Comfort Systems USA, Inc. (Construction & Engineering) | 809 | 72,632 | ||||||
Commercial Metals Co. (Metals & Mining) | 2,726 | 91,158 | ||||||
Commercial Vehicle Group, Inc.* (Machinery) | 727 | 5,627 | ||||||
Community Bank System, Inc. (Banks) | 1,215 | 86,775 | ||||||
Community Health Systems, Inc.* (Health Care Providers & Services) | 2,822 | 35,811 | ||||||
Community Healthcare Trust, Inc. (Equity Real Estate Investment Trusts) | 542 | 24,574 | ||||||
Community Trust Bancorp, Inc. (Banks) | 353 | 15,599 | ||||||
CommVault Systems, Inc.* (Software) | 1,040 | 70,158 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Compass Minerals International, Inc. (Metals & Mining) | 776 | $ | 41,438 | |||||
Computer Programs & Systems, Inc.* (Health Care Technology) | 320 | 9,062 | ||||||
CompX International, Inc. (Commercial Services & Supplies) | 36 | 813 | ||||||
comScore, Inc.* (Media) | 1,589 | 4,815 | ||||||
Comstock Resources, Inc.* (Oil, Gas & Consumable Fuels) | 2,076 | 16,151 | ||||||
Comtech Telecommunications Corp. (Communications Equipment) | 584 | 11,873 | ||||||
Concrete Pumping Holdings, Inc.* (Construction & Engineering) | 586 | 4,811 | ||||||
Conduent, Inc.* (IT Services) | 3,802 | 17,983 | ||||||
CONMED Corp. (Health Care Equipment & Supplies) | 659 | 90,665 | ||||||
ConnectOne Bancorp, Inc. (Banks) | 847 | 27,112 | ||||||
Conn's, Inc.* (Specialty Retail) | 406 | 9,854 | ||||||
Consensus Cloud Solutions, Inc.* (Software) | 365 | 20,696 | ||||||
CONSOL Energy, Inc.* (Oil, Gas & Consumable Fuels) | 777 | 16,892 | ||||||
Consolidated Communications Holdings, Inc.* (Diversified Telecommunication Services) | 1,655 | 11,899 | ||||||
Constellium SE* (Metals & Mining) | 2,822 | 49,357 | ||||||
Construction Partners, Inc.* - Class A (Construction & Engineering) | 659 | 17,292 | ||||||
Convey Health Solutions Holdings, Inc.* (Health Care Technology) | 305 | 2,376 | ||||||
Cooper-Standard Holding, Inc.* (Auto Components) | 382 | 7,865 | ||||||
Corcept Therapeutics, Inc.* (Pharmaceuticals) | 2,172 | 40,768 | ||||||
CoreCard Corp.* (Software) | 165 | 6,122 | ||||||
CoreCivic, Inc.* (Equity Real Estate Investment Trusts) | 2,723 | 27,530 | ||||||
CorePoint Lodging, Inc.* (Equity Real Estate Investment Trusts) | 893 | 14,029 | ||||||
CorMedix, Inc.* (Pharmaceuticals) | 860 | 3,638 | ||||||
Cornerstone Building Brands, Inc.* (Building Products) | 1,239 | 18,275 | ||||||
Corporate Office Properties Trust (Equity Real Estate Investment Trusts) | 2,563 | 64,741 | ||||||
Corsair Gaming, Inc.* (Technology Hardware, Storage & Peripherals) | 621 | 12,134 | ||||||
Cortexyme, Inc.* (Biotechnology) | 453 | 2,754 | ||||||
CorVel Corp.* (Health Care Providers & Services) | 200 | 35,224 | ||||||
Costamare, Inc. (Marine) | 1,198 | 15,742 | ||||||
Couchbase, Inc.* (Software) | 223 | 5,225 | ||||||
Coursera, Inc.* (Diversified Consumer Services) | 1,658 | 33,674 | ||||||
Covenant Logistics Group, Inc.* - Class A (Road & Rail) | 275 | 5,973 | ||||||
Covetrus, Inc.* (Health Care Providers & Services) | 2,350 | 42,465 | ||||||
Cowen, Inc. - Class A (Capital Markets) | 599 | 18,976 | ||||||
CRA International, Inc. (Professional Services) | 164 | 13,950 | ||||||
Cracker Barrel Old Country Store, Inc. (Hotels, Restaurants & Leisure) | 538 | 64,097 | ||||||
Crawford & Co. - Class A (Insurance) | 369 | 2,808 | ||||||
Crescent Energy, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 667 | 8,851 | ||||||
Crinetics Pharmaceuticals, Inc.* (Biotechnology) | 1,046 | 19,759 | ||||||
Crocs, Inc.* (Textiles, Apparel & Luxury Goods) | 1,319 | 135,357 | ||||||
Cross Country Healthcare, Inc.* (Health Care Providers & Services) | 815 | 17,531 | ||||||
CrossFirst Bankshares, Inc.* (Banks) | 1,058 | 16,357 | ||||||
CryoPort, Inc.* (Health Care Equipment & Supplies) | 921 | 38,470 | ||||||
CS Disco, Inc.* (Software) | 174 | 5,972 | ||||||
CSG Systems International, Inc. (IT Services) | 738 | 41,896 | ||||||
CSW Industrials, Inc. (Building Products) | 337 | 37,407 | ||||||
CTO Realty Growth, Inc. (Equity Real Estate Investment Trusts) | 133 | 7,792 | ||||||
CTS Corp. (Electronic Equipment, Instruments & Components) | 724 | 24,290 | ||||||
Cue BioPharma, Inc.* (Biotechnology) | 698 | 5,158 | ||||||
Cue Health, Inc.* (Health Care Equipment & Supplies) | 331 | 2,906 | ||||||
Cullinan Oncology, Inc.* (Biotechnology) | 587 | 7,913 | ||||||
CuriosityStream, Inc.* (Entertainment) | 591 | 2,618 | ||||||
Curis, Inc.* (Biotechnology) | 1,966 | 6,272 | ||||||
Curo Group Holdings Corp. (Consumer Finance) | 463 | 6,635 | ||||||
Cushman & Wakefield PLC* (Real Estate Management & Development) | 3,149 | 66,098 | ||||||
Custom Truck One Source, Inc.* (Trading Companies & Distributors) | 1,049 | 8,623 | ||||||
Customers Bancorp, Inc.* (Banks) | 678 | 39,527 | ||||||
Cutera, Inc.* (Health Care Equipment & Supplies) | 399 | 14,528 | ||||||
CVB Financial Corp. (Banks) | 2,929 | 64,526 | ||||||
CVR Energy, Inc. (Oil, Gas & Consumable Fuels) | 672 | 13,124 | ||||||
CVRx, Inc.* (Health Care Equipment & Supplies) | 184 | 1,527 | ||||||
Cymabay Therapeutics, Inc.* (Pharmaceuticals) | 1,573 | 4,688 | ||||||
Cyteir Therapeutics, Inc.* (Pharmaceuticals) | 190 | 1,155 | ||||||
Cytek Biosciences, Inc.* (Life Sciences Tools & Services) | 364 | 5,300 | ||||||
Cytokinetics, Inc.* (Biotechnology) | 1,799 | 59,709 | ||||||
CytomX Therapeutics, Inc.* (Biotechnology) | 1,472 | 6,771 | ||||||
CytoSorbents Corp.* (Health Care Equipment & Supplies) | 935 | 3,478 | ||||||
Daily Journal Corp.* (Media) | 27 | 8,748 | ||||||
Daktronics, Inc.* (Electronic Equipment, Instruments & Components) | 834 | 4,087 | ||||||
Dana, Inc. (Auto Components) | 3,301 | 71,500 | ||||||
Danimer Scientific, Inc.* (Chemicals) | 2,051 | 10,276 | ||||||
DarioHealth Corp.* (Health Care Equipment & Supplies) | 304 | 2,666 | ||||||
Daseke, Inc.* (Road & Rail) | 910 | 10,174 | ||||||
Dave & Buster's Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 981 | 35,110 | ||||||
Day One Biopharmaceuticals, Inc.* (Biotechnology) | 250 | 3,688 | ||||||
Deciphera Pharmaceuticals, Inc.* (Biotechnology) | 893 | 7,528 | ||||||
Del Taco Restaurants, Inc. (Hotels, Restaurants & Leisure) | 678 | 8,455 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Delek US Holdings, Inc.* (Oil, Gas & Consumable Fuels) | 1,490 | $ | 23,125 | |||||
Deluxe Corp. (Commercial Services & Supplies) | 952 | 28,655 | ||||||
Denali Therapeutics, Inc.* (Biotechnology) | 2,065 | 70,664 | ||||||
Denbury, Inc.* (Oil, Gas & Consumable Fuels) | 1,144 | 85,960 | ||||||
Denny's Corp.* (Hotels, Restaurants & Leisure) | 1,405 | 21,778 | ||||||
DermTech, Inc.* (Biotechnology) | 549 | 7,033 | ||||||
Design Therapeutics, Inc.* (Biotechnology) | 604 | 7,635 | ||||||
Designer Brands, Inc.* (Specialty Retail) | 1,362 | 17,938 | ||||||
Desktop Metal, Inc.* - Class A (Machinery) | 4,245 | 17,362 | ||||||
DHT Holdings, Inc. (Oil, Gas & Consumable Fuels) | 3,218 | 15,704 | ||||||
Diamond Hill Investment Group, Inc. (Capital Markets) | 69 | 12,886 | ||||||
DiamondRock Hospitality Co.* (Equity Real Estate Investment Trusts) | 4,738 | 44,300 | ||||||
DICE Therapeutics, Inc.* (Pharmaceuticals) | 316 | 5,381 | ||||||
Diebold Nixdorf, Inc.* (Technology Hardware, Storage & Peripherals) | 1,632 | 15,243 | ||||||
Digi International, Inc.* (Communications Equipment) | 766 | 17,112 | ||||||
Digimarc Corp.* (Software) | 289 | 9,161 | ||||||
Digital Media Solutions, Inc.* - Class A (Media) | 73 | 372 | ||||||
Digital Turbine, Inc.* (Software) | 2,061 | 90,993 | ||||||
DigitalBridge Group, Inc.* (Equity Real Estate Investment Trusts) | 10,999 | 80,293 | ||||||
DigitalOcean Holdings, Inc.* (IT Services) | 1,152 | 66,056 | ||||||
Dillard's, Inc. - Class A (Multiline Retail) | 133 | 33,745 | ||||||
Dime Community Bancshares, Inc. (Banks) | 785 | 27,444 | ||||||
Dine Brands Global, Inc. (Hotels, Restaurants & Leisure) | 370 | 25,105 | ||||||
Diodes, Inc.* (Semiconductors & Semiconductor Equipment) | 990 | 91,862 | ||||||
Diversified Healthcare Trust (Equity Real Estate Investment Trusts) | 5,387 | 16,430 | ||||||
DMC Global, Inc.* (Energy Equipment & Services) | 422 | 17,023 | ||||||
Domo, Inc.* (Software) | 636 | 29,867 | ||||||
Donegal Group, Inc. - Class A (Insurance) | 336 | 4,822 | ||||||
Donnelley Financial Solutions, Inc.* (Capital Markets) | 669 | 24,900 | ||||||
Dorian LPG, Ltd. (Oil, Gas & Consumable Fuels) | 707 | 8,406 | ||||||
Dorman Products, Inc.* (Auto Components) | 599 | 56,084 | ||||||
Douglas Dynamics, Inc. (Machinery) | 513 | 18,740 | ||||||
Douglas Elliman, Inc.* (Real Estate Management & Development) | 1,630 | 12,649 | ||||||
Dril-Quip, Inc.* (Energy Equipment & Services) | 797 | 20,156 | ||||||
Drive Shack, Inc.* (Hotels, Restaurants & Leisure) | 1,875 | 2,625 | ||||||
Duckhorn Portfolio, Inc. (The)* (Beverages) | 814 | 16,247 | ||||||
Ducommun, Inc.* (Aerospace & Defense) | 247 | 10,806 | ||||||
Duluth Holdings, Inc.* - Class B (Internet & Direct Marketing Retail) | 276 | 4,162 | ||||||
Durect Corp.* (Pharmaceuticals) | 5,134 | 3,886 | ||||||
DXP Enterprises, Inc.* (Trading Companies & Distributors) | 393 | 11,220 | ||||||
Dycom Industries, Inc.* (Construction & Engineering) | 668 | 56,306 | ||||||
Dynavax Technologies Corp.* (Biotechnology) | 2,443 | 31,686 | ||||||
Dyne Therapeutics, Inc.* (Biotechnology) | 682 | 5,060 | ||||||
Dynex Capital, Inc. (Mortgage Real Estate Investment Trusts) | 819 | 13,170 | ||||||
DZS, Inc.* (Communications Equipment) | 387 | 5,666 | ||||||
E2open Parent Holdings, Inc.* (Software) | 4,508 | 41,924 | ||||||
Eagle Bancorp, Inc. (Banks) | 715 | 42,879 | ||||||
Eagle Bulk Shipping, Inc. (Marine) | 204 | 9,143 | ||||||
Eagle Pharmaceuticals, Inc.* (Biotechnology) | 260 | 11,944 | ||||||
Eargo, Inc.* (Health Care Equipment & Supplies) | 684 | 3,290 | ||||||
Earthstone Energy, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 574 | 7,841 | ||||||
Easterly Government Properties, Inc. (Equity Real Estate Investment Trusts) | 1,966 | 41,227 | ||||||
Eastern Bankshares, Inc. (Banks) | 3,896 | 82,946 | ||||||
EastGroup Properties, Inc. (Equity Real Estate Investment Trusts) | 917 | 183,318 | ||||||
Eastman Kodak Co.* (Technology Hardware, Storage & Peripherals) | 1,018 | 4,001 | ||||||
Ebix, Inc. (Software) | 602 | 18,295 | ||||||
EchoStar Corp.* - Class A (Communications Equipment) | 847 | 20,065 | ||||||
Ecovyst, Inc. (Chemicals) | 1,165 | 11,918 | ||||||
Edgewell Personal Care Co. (Personal Products) | 1,233 | 56,472 | ||||||
Edgewise Therapeutics, Inc.* (Pharmaceuticals) | 878 | 11,941 | ||||||
Editas Medicine, Inc.* (Biotechnology) | 1,552 | 29,550 | ||||||
eGain Corp.* (Software) | 469 | 4,845 | ||||||
eHealth, Inc.* (Insurance) | 558 | 12,192 | ||||||
Eiger Biopharmaceuticals, Inc.* (Biotechnology) | 727 | 3,141 | ||||||
El Pollo Loco Holdings, Inc.* (Hotels, Restaurants & Leisure) | 432 | 5,763 | ||||||
elf Beauty, Inc.* (Personal Products) | 1,094 | 32,339 | ||||||
Eliem Therapeutics, Inc.* (Biotechnology) | 160 | 1,446 | ||||||
Ellington Financial, Inc. (Mortgage Real Estate Investment Trusts) | 1,222 | 21,715 | ||||||
EMCOR Group, Inc. (Construction & Engineering) | 1,210 | 144,244 | ||||||
EMCORE Corp.* (Communications Equipment) | 829 | 4,816 | ||||||
Emerald Holding, Inc.* (Media) | 534 | 1,741 | ||||||
Emergent BioSolutions, Inc.* (Biotechnology) | 1,109 | 51,901 | ||||||
Empire State Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 3,244 | 28,936 | ||||||
Employers Holdings, Inc. (Insurance) | 635 | 24,829 | ||||||
Enact Holdings, Inc. (Thrifts & Mortgage Finance) | 335 | 7,330 | ||||||
Enanta Pharmaceuticals, Inc.* (Biotechnology) | 437 | 25,967 | ||||||
Encore Capital Group, Inc.* (Consumer Finance) | 662 | 42,699 | ||||||
Encore Wire Corp. (Electrical Equipment) | 448 | 50,485 | ||||||
Endo International PLC* (Pharmaceuticals) | 5,202 | 16,594 | ||||||
Energizer Holdings, Inc. (Household Products) | 1,545 | 58,107 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Energy Fuels, Inc.* (Oil, Gas & Consumable Fuels) | 3,516 | $ | 21,694 | |||||
Energy Recovery, Inc.* (Machinery) | 944 | 18,484 | ||||||
Enerpac Tool Group Corp. (Machinery) | 1,371 | 24,472 | ||||||
EnerSys (Electrical Equipment) | 971 | 72,757 | ||||||
Enfusion, Inc.* - Class A (Software) | 494 | 6,822 | ||||||
EngageSmart, Inc.* (Software) | 364 | 7,957 | ||||||
Ennis, Inc. (Commercial Services & Supplies) | 579 | 10,960 | ||||||
Enova International, Inc.* (Consumer Finance) | 824 | 33,191 | ||||||
EnPro Industries, Inc. (Machinery) | 467 | 49,044 | ||||||
Enstar Group, Ltd.* (Insurance) | 282 | 74,753 | ||||||
Entercom Communications Corp.* (Media) | 2,677 | 6,478 | ||||||
Enterprise Bancorp, Inc. (Banks) | 210 | 8,965 | ||||||
Enterprise Financial Services Corp. (Banks) | 802 | 39,731 | ||||||
Entrada Therapeutics, Inc.* (Biotechnology) | 208 | 2,303 | ||||||
Entravision Communications Corp. - Class A (Media) | 1,366 | 8,278 | ||||||
Envestnet, Inc.* (Software) | 1,233 | 91,168 | ||||||
Eos Energy Enterprises, Inc.* (Electrical Equipment) | 1,010 | 4,181 | ||||||
Epizyme, Inc.* (Biotechnology) | 2,076 | 2,553 | ||||||
ePlus, Inc.* (Electronic Equipment, Instruments & Components) | 604 | 27,766 | ||||||
Equitrans Midstream Corp. (Oil, Gas & Consumable Fuels) | 9,283 | 75,285 | ||||||
Equity Bancshares, Inc. - Class A (Banks) | 307 | 9,842 | ||||||
Equity Commonwealth* (Equity Real Estate Investment Trusts) | 2,662 | 69,318 | ||||||
Erasca, Inc.* (Biotechnology) | 478 | 5,664 | ||||||
Eros STX Global Corp.* (Entertainment) | 7,210 | 1,536 | ||||||
Escalade, Inc. (Leisure Products) | 225 | 3,218 | ||||||
ESCO Technologies, Inc. (Machinery) | 581 | 46,352 | ||||||
Esperion Therapeutics, Inc.* (Biotechnology) | 614 | 2,634 | ||||||
Esports Technologies, Inc.* (Hotels, Restaurants & Leisure) | 250 | 3,005 | ||||||
Essent Group, Ltd. (Thrifts & Mortgage Finance) | 2,459 | 112,228 | ||||||
Essential Properties Realty Trust, Inc. (Real Estate Management & Development) | 2,751 | 73,038 | ||||||
Ethan Allen Interiors, Inc. (Household Durables) | 510 | 12,857 | ||||||
European Wax Center, Inc.* - Class A (Diversified Consumer Services) | 300 | 7,332 | ||||||
Evelo Biosciences, Inc.* (Biotechnology) | 684 | 3,222 | ||||||
Eventbrite, Inc.* (Interactive Media & Services) | 1,736 | 24,877 | ||||||
EverCommerce, Inc.* (Software) | 377 | 4,532 | ||||||
Everi Holdings, Inc.* (Hotels, Restaurants & Leisure) | 1,936 | 38,275 | ||||||
EverQuote, Inc.* - Class A (Interactive Media & Services) | 444 | 7,308 | ||||||
EVERTEC, Inc. (IT Services) | 1,374 | 59,961 | ||||||
EVI Industries, Inc.* (Trading Companies & Distributors) | 130 | 2,874 | ||||||
Evo Payments, Inc.* (IT Services) | 1,075 | 25,929 | ||||||
Evolent Health, Inc.* (Health Care Technology) | 1,806 | 42,820 | ||||||
Evolus, Inc.* (Pharmaceuticals) | 753 | 5,587 | ||||||
Evoqua Water Technologies Corp.* (Machinery) | 2,627 | 106,393 | ||||||
Exagen, Inc.* (Health Care Providers & Services) | 234 | 2,300 | ||||||
ExlService Holdings, Inc.* (IT Services) | 745 | 89,787 | ||||||
eXp World Holdings, Inc. (Real Estate Management & Development) | 1,425 | 38,675 | ||||||
Exponent, Inc. (Professional Services) | 1,178 | 111,886 | ||||||
Expro Group Holdings N.V.* (Energy Equipment & Services) | 1,058 | 16,568 | ||||||
Extreme Networks, Inc.* (Communications Equipment) | 2,880 | 36,547 | ||||||
EyePoint Pharmaceuticals, Inc.* (Pharmaceuticals) | 479 | 4,488 | ||||||
EZCORP, Inc.* - Class A (Consumer Finance) | 1,119 | 6,680 | ||||||
F45 Training Holdings, Inc.* (Hotels, Restaurants & Leisure) | 465 | 5,817 | ||||||
Fabrinet* (Electronic Equipment, Instruments & Components) | 839 | 94,941 | ||||||
Falcon Minerals Corp. (Oil, Gas & Consumable Fuels) | 893 | 4,617 | ||||||
Farmers National Bancorp (Banks) | 702 | 12,250 | ||||||
Farmland Partners, Inc. (Equity Real Estate Investment Trusts) | 649 | 7,392 | ||||||
FARO Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 413 | 22,430 | ||||||
Fate Therapeutics, Inc.* (Biotechnology) | 1,842 | 76,461 | ||||||
Fathom Holdings, Inc.* (Real Estate Management & Development) | 140 | 2,002 | ||||||
FB Financial Corp. (Banks) | 756 | 33,657 | ||||||
Federal Agricultural Mortgage Corp. (Thrifts & Mortgage Finance) | 208 | 25,334 | ||||||
Federal Signal Corp. (Machinery) | 1,366 | 53,301 | ||||||
Federated Hermes, Inc. - Class B (Capital Markets) | 2,111 | 69,895 | ||||||
Ferro Corp.* (Chemicals) | 1,865 | 40,657 | ||||||
FibroGen, Inc.* (Biotechnology) | 1,954 | 29,486 | ||||||
Fidelity D&D Bancorp, Inc. (Banks) | 91 | 4,789 | ||||||
Fiesta Restaurant Group, Inc.* (Hotels, Restaurants & Leisure) | 401 | 3,797 | ||||||
Finance Of America Cos., Inc.* - Class A (Thrifts & Mortgage Finance) | 420 | 1,567 | ||||||
Financial Institutions, Inc. (Banks) | 355 | 11,445 | ||||||
Finch Therapeutics Group, Inc.* (Biotechnology) | 183 | 1,552 | ||||||
First Advantage Corp.* (Professional Services) | 1,249 | 21,133 | ||||||
First Bancorp (Banks) | 780 | 34,250 | ||||||
First Bancorp (Banks) | 4,599 | 66,915 | ||||||
First Bancshares, Inc. (Banks) | 460 | 16,592 | ||||||
First Bank/Hamilton NJ (Banks) | 354 | 5,186 | ||||||
First Busey Corp. (Banks) | 1,141 | 31,811 | ||||||
First Commonwealth Financial Corp. (Banks) | 2,135 | 35,356 | ||||||
First Community Bancshares, Inc. (Banks) | 378 | 11,797 | ||||||
First Financial Bancorp (Banks) | 2,103 | 53,017 | ||||||
First Financial Bankshares, Inc. (Banks) | 2,948 | 138,528 | ||||||
First Financial Corp. (Banks) | 260 | 11,671 | ||||||
First Foundation, Inc. (Banks) | 902 | 23,587 | ||||||
First Internet Bancorp (Banks) | 211 | 10,605 | ||||||
First Interstate BancSystem - Class A (Banks) | 1,989 | 73,096 | ||||||
First Merchants Corp. (Banks) | 1,294 | 54,904 | ||||||
First Mid Bancshares, Inc. (Banks) | 377 | 15,514 | ||||||
First Midwest Bancorp, Inc. (Banks) | 2,581 | 53,607 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
First of Long Island Corp. (Banks) | 519 | $ | 11,371 | |||||
First Watch Restaurant Group, Inc.* (Hotels, Restaurants & Leisure) | 249 | 3,745 | ||||||
FirstCash Holdings, Inc. (Consumer Finance) | 901 | 62,799 | ||||||
Fisker, Inc.* (Automobiles) | 3,703 | 43,732 | ||||||
Five Star Bancorp (Banks) | 283 | 8,773 | ||||||
Flagstar Bancorp, Inc. (Thrifts & Mortgage Finance) | 1,183 | 53,531 | ||||||
Flexsteel Industries, Inc. (Household Durables) | 149 | 3,712 | ||||||
Fluent, Inc.* (Media) | 984 | 1,574 | ||||||
Fluidigm Corp.* (Life Sciences Tools & Services) | 1,729 | 5,654 | ||||||
Fluor Corp.* (Construction & Engineering) | 3,219 | 67,728 | ||||||
Flushing Financial Corp. (Banks) | 669 | 15,795 | ||||||
Flywire Corp.* (IT Services) | 1,430 | 40,312 | ||||||
Focus Financial Partners, Inc.* (Capital Markets) | 1,352 | 68,087 | ||||||
Foghorn Therapeutics, Inc.* (Pharmaceuticals) | 444 | 6,829 | ||||||
Forestar Group, Inc.* (Real Estate Management & Development) | 387 | 7,721 | ||||||
Forian, Inc.* (Health Care Technology) | 428 | 3,531 | ||||||
Forma Therapeutics Holdings, Inc.* (Biotechnology) | 767 | 9,081 | ||||||
FormFactor, Inc.* (Semiconductors & Semiconductor Equipment) | 1,757 | 75,094 | ||||||
Forrester Research, Inc.* (Professional Services) | 256 | 14,085 | ||||||
Forte Biosciences, Inc.* (Biotechnology) | 256 | 433 | ||||||
Forterra, Inc.* (Construction Materials) | 661 | 15,514 | ||||||
Fortress Biotech, Inc.* (Biotechnology) | 1,689 | 3,530 | ||||||
Forward Air Corp. (Air Freight & Logistics) | 609 | 64,737 | ||||||
Fossil Group, Inc.* (Textiles, Apparel & Luxury Goods) | 1,082 | 11,999 | ||||||
Four Corners Property Trust, Inc. (Equity Real Estate Investment Trusts) | 1,754 | 47,481 | ||||||
Fox Factory Holding Corp.* (Auto Components) | 959 | 127,614 | ||||||
Franchise Group, Inc. (Diversified Consumer Services) | 642 | 32,145 | ||||||
Franklin BSP Realty Trust, Inc. (Mortgage Real Estate Investment Trusts) | 817 | 11,005 | ||||||
Franklin Covey Co.* (Professional Services) | 286 | 13,388 | ||||||
Franklin Electric Co., Inc. (Machinery) | 1,053 | 91,400 | ||||||
Franklin Street Properties Corp. (Equity Real Estate Investment Trusts) | 2,305 | 12,793 | ||||||
Frequency Therapeutics, Inc.* (Biotechnology) | 726 | 3,899 | ||||||
Fresh Del Monte Produce, Inc. (Food Products) | 762 | 21,206 | ||||||
Frontier Group Holdings, Inc.* (Airlines) | 789 | 10,320 | ||||||
Frontline, Ltd.* (Oil, Gas & Consumable Fuels) | 2,709 | 17,798 | ||||||
FRP Holdings, Inc.* (Real Estate Management & Development) | 152 | 8,585 | ||||||
FS Bancorp, Inc. (Thrifts & Mortgage Finance) | 162 | 5,382 | ||||||
FTC Solar, Inc.* (Electrical Equipment) | 432 | 1,823 | ||||||
FTS International, Inc.* - Class A (Energy Equipment & Services) | 202 | 5,323 | ||||||
fuboTV, Inc.* (Software) | 3,071 | 32,983 | ||||||
FuelCell Energy, Inc.* (Electrical Equipment) | 8,392 | 35,582 | ||||||
Fulcrum Therapeutics, Inc.* (Pharmaceuticals) | 624 | 7,588 | ||||||
Fulgent Genetics, Inc.* (Health Care Providers & Services) | 474 | 30,274 | ||||||
Full House Resorts, Inc.* (Hotels, Restaurants & Leisure) | 743 | 6,561 | ||||||
Fulton Financial Corp. (Banks) | 3,608 | 64,764 | ||||||
Funko, Inc.* (Distributors) | 610 | 10,540 | ||||||
FutureFuel Corp. (Chemicals) | 585 | 4,563 | ||||||
G1 Therapeutics, Inc.* (Biotechnology) | 898 | 9,052 | ||||||
GAMCO Investors, Inc. - Class A (Capital Markets) | 115 | 2,589 | ||||||
GAN, Ltd.* (Hotels, Restaurants & Leisure) | 911 | 6,277 | ||||||
Gannett Co., Inc.* (Media) | 3,194 | 15,523 | ||||||
Gatos Silver, Inc.* (Metals & Mining) | 1,053 | 3,275 | ||||||
GATX Corp. (Trading Companies & Distributors) | 802 | 83,769 | ||||||
GCM Grosvenor, Inc. - Class A (Capital Markets) | 1,009 | 9,172 | ||||||
GCP Applied Technologies, Inc.* (Chemicals) | 1,117 | 35,632 | ||||||
Gemini Therapeutics, Inc.* (Biotechnology) | 497 | 974 | ||||||
Genco Shipping & Trading, Ltd. (Marine) | 729 | 11,343 | ||||||
Generation Bio Co.* (Biotechnology) | 994 | 6,461 | ||||||
Genesco, Inc.* (Specialty Retail) | 336 | 21,615 | ||||||
Genius Brands International, Inc.* (Leisure Products) | 6,406 | 5,635 | ||||||
Gentherm, Inc.* (Auto Components) | 753 | 65,805 | ||||||
Genworth Financial, Inc.* (Insurance) | 11,509 | 44,885 | ||||||
German American Bancorp, Inc. (Banks) | 561 | 22,216 | ||||||
Geron Corp.* (Biotechnology) | 6,885 | 7,711 | ||||||
Getty Realty Corp. (Equity Real Estate Investment Trusts) | 924 | 27,415 | ||||||
Gevo, Inc.* (Oil, Gas & Consumable Fuels) | 4,506 | 15,411 | ||||||
Gibraltar Industries, Inc.* (Building Products) | 745 | 40,826 | ||||||
G-III Apparel Group, Ltd.* (Textiles, Apparel & Luxury Goods) | 1,002 | 27,224 | ||||||
Glacier Bancorp, Inc. (Banks) | 2,502 | 129,929 | ||||||
Gladstone Commercial Corp. (Equity Real Estate Investment Trusts) | 839 | 19,456 | ||||||
Gladstone Land Corp. (Equity Real Estate Investment Trusts) | 711 | 21,671 | ||||||
Glatfelter Corp. (Paper & Forest Products) | 994 | 17,256 | ||||||
Glaukos Corp.* (Health Care Equipment & Supplies) | 1,032 | 54,944 | ||||||
Global Blood Therapeutics, Inc.* (Biotechnology) | 1,400 | 40,390 | ||||||
Global Industrial Co. (Trading Companies & Distributors) | 289 | 10,103 | ||||||
Global Medical REIT, Inc. (Equity Real Estate Investment Trusts) | 1,359 | 22,981 | ||||||
Global Net Lease, Inc. (Equity Real Estate Investment Trusts) | 2,366 | 33,928 | ||||||
Global Water Resources, Inc. (Water Utilities) | 287 | 4,408 | ||||||
Globalstar, Inc.* (Diversified Telecommunication Services) | 13,714 | 14,674 | ||||||
GMS, Inc.* (Trading Companies & Distributors) | 970 | 49,645 | ||||||
Gogo, Inc.* (Wireless Telecommunication Services) | 1,343 | 16,720 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Golar LNG, Ltd.* (Oil, Gas & Consumable Fuels) | 2,297 | $ | 32,962 | |||||
Golden Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 389 | 17,497 | ||||||
Golden Nugget Online Gaming, Inc.* (Hotels, Restaurants & Leisure) | 904 | 7,268 | ||||||
Goosehead Insurance, Inc. (Insurance) | 409 | 40,319 | ||||||
GoPro, Inc.* - Class A (Household Durables) | 2,922 | 25,889 | ||||||
Gorman-Rupp Co. (Machinery) | 515 | 20,657 | ||||||
Gossamer Bio, Inc.* (Biotechnology) | 1,411 | 13,531 | ||||||
GrafTech International, Ltd. (Electrical Equipment) | 4,556 | 47,747 | ||||||
Graham Holdings Co. - Class B (Diversified Consumer Services) | 87 | 51,775 | ||||||
Granite Construction, Inc. (Construction & Engineering) | 1,039 | 37,383 | ||||||
Granite Point Mortgage Trust, Inc. (Mortgage Real Estate Investment Trusts) | 1,210 | 14,641 | ||||||
Graphite Bio, Inc.* (Biotechnology) | 369 | 3,446 | ||||||
Gray Television, Inc. (Media) | 1,941 | 40,470 | ||||||
Great Ajax Corp. (Mortgage Real Estate Investment Trusts) | 492 | 6,416 | ||||||
Great Lakes Dredge & Dock Corp.* (Construction & Engineering) | 1,470 | 20,124 | ||||||
Great Southern Bancorp, Inc. (Banks) | 234 | 13,886 | ||||||
Green Brick Partners, Inc.* (Household Durables) | 696 | 16,481 | ||||||
Green Dot Corp.* - Class A (Consumer Finance) | 1,213 | 38,464 | ||||||
Green Plains, Inc.* (Oil, Gas & Consumable Fuels) | 1,083 | 33,075 | ||||||
GreenBox POS* (IT Services) | 415 | 1,598 | ||||||
Greenhill & Co., Inc. (Capital Markets) | 315 | 5,254 | ||||||
Greenlane Holdings, Inc.* - Class A (Distributors) | 375 | 286 | ||||||
Greenlight Capital Re, Ltd.* - Class A (Insurance) | 596 | 4,315 | ||||||
Greenwich Lifesciences, Inc.* (Biotechnology) | 93 | 1,718 | ||||||
Greif, Inc. - Class A (Containers & Packaging) | 585 | 34,609 | ||||||
Greif, Inc. - Class B (Containers & Packaging) | 135 | 8,019 | ||||||
Grid Dynamics Holdings, Inc.* (IT Services) | 1,032 | 27,503 | ||||||
Griffon Corp. (Building Products) | 1,054 | 23,599 | ||||||
Gritstone bio, Inc.* (Biotechnology) | 969 | 5,291 | ||||||
Group 1 Automotive, Inc. (Specialty Retail) | 399 | 67,754 | ||||||
Groupon, Inc.* (Internet & Direct Marketing Retail) | 535 | 16,339 | ||||||
GrowGeneration Corp.* (Specialty Retail) | 1,257 | 10,609 | ||||||
GT Biopharma, Inc.* (Biotechnology) | 403 | 1,261 | ||||||
GTY Technology Holdings, Inc.* (Software) | 730 | 3,687 | ||||||
Guaranty Bancshares, Inc. (Banks) | 181 | 6,433 | ||||||
Guess?, Inc. (Specialty Retail) | 914 | 21,040 | ||||||
H&E Equipment Services, Inc. (Trading Companies & Distributors) | 730 | 30,390 | ||||||
H.B. Fuller Co. (Chemicals) | 1,182 | 84,832 | ||||||
Haemonetics Corp.* (Health Care Equipment & Supplies) | 1,145 | 55,361 | ||||||
Hall of Fame Resort & Entertainment Co.* (Hotels, Restaurants & Leisure) | 1,264 | 1,466 | ||||||
Halozyme Therapeutics, Inc.* (Biotechnology) | 3,139 | 108,641 | ||||||
Hamilton Beach Brands Holding Co. - Class A (Household Durables) | 169 | 2,342 | ||||||
Hamilton Lane, Inc. (Capital Markets) | 792 | 71,644 | ||||||
Hancock Whitney Corp. (Banks) | 1,963 | 103,489 | ||||||
Hanger, Inc.* (Health Care Providers & Services) | 851 | 15,429 | ||||||
Hanmi Financial Corp. (Banks) | 692 | 18,601 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. - Class I (Mortgage Real Estate Investment Trusts) | 1,737 | 72,051 | ||||||
HarborOne Bancorp, Inc. (Banks) | 1,086 | 15,421 | ||||||
Harmonic, Inc.* (Communications Equipment) | 2,057 | 22,133 | ||||||
Harmony Biosciences Holdings, Inc.* (Pharmaceuticals) | 521 | 18,683 | ||||||
Harpoon Therapeutics, Inc.* (Biotechnology) | 424 | 2,243 | ||||||
Harsco Corp.* (Machinery) | 1,777 | 27,899 | ||||||
Harvard Bioscience, Inc.* (Life Sciences Tools & Services) | 888 | 5,168 | ||||||
Haverty Furniture Cos., Inc. (Specialty Retail) | 370 | 10,922 | ||||||
Hawaiian Holdings, Inc.* (Airlines) | 1,148 | 19,631 | ||||||
Hawkins, Inc. (Chemicals) | 436 | 16,272 | ||||||
Haynes International, Inc. (Metals & Mining) | 284 | 10,684 | ||||||
HBT Financial, Inc. (Banks) | 231 | 4,299 | ||||||
HCI Group, Inc. (Insurance) | 129 | 8,755 | ||||||
Health Catalyst, Inc.* (Health Care Technology) | 1,186 | 35,402 | ||||||
Healthcare Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 3,350 | 103,917 | ||||||
Healthcare Services Group, Inc. (Commercial Services & Supplies) | 1,701 | 30,941 | ||||||
HealthEquity, Inc.* (Health Care Providers & Services) | 1,857 | 99,238 | ||||||
HealthStream, Inc.* (Health Care Technology) | 572 | 13,928 | ||||||
Heartland Express, Inc. (Road & Rail) | 1,069 | 15,992 | ||||||
Heartland Financial USA, Inc. (Banks) | 915 | 47,607 | ||||||
Hecla Mining Co. (Metals & Mining) | 12,066 | 59,847 | ||||||
Heidrick & Struggles International, Inc. (Professional Services) | 439 | 19,215 | ||||||
Helen of Troy, Ltd.* (Household Durables) | 547 | 114,503 | ||||||
Helios Technologies, Inc. (Machinery) | 734 | 56,246 | ||||||
Helix Energy Solutions Group, Inc.* (Energy Equipment & Services) | 3,249 | 11,469 | ||||||
Helmerich & Payne, Inc. (Energy Equipment & Services) | 2,389 | 68,563 | ||||||
Hemisphere Media Group, Inc.* (Media) | 367 | 2,382 | ||||||
Herc Holdings, Inc. (Trading Companies & Distributors) | 566 | 90,815 | ||||||
Heritage Commerce Corp. (Banks) | 1,327 | 16,534 | ||||||
Heritage Financial Corp. (Banks) | 787 | 19,093 | ||||||
Heritage Insurance Holdings, Inc. (Insurance) | 586 | 3,651 | ||||||
Heritage-Crystal Clean, Inc.* (Commercial Services & Supplies) | 355 | 10,157 | ||||||
Heron Therapeutics, Inc.* (Biotechnology) | 2,097 | 18,265 | ||||||
Hersha Hospitality Trust* (Equity Real Estate Investment Trusts) | 729 | 6,576 | ||||||
Heska Corp.* (Health Care Equipment & Supplies) | 222 | 30,543 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
HF Foods Group, Inc.* (Food & Staples Retailing) | 822 | $ | 5,705 | |||||
Hibbett, Inc. (Specialty Retail) | 337 | 20,776 | ||||||
HighPeak Energy, Inc. (Oil, Gas & Consumable Fuels) | 116 | 2,061 | ||||||
Hillenbrand, Inc. (Machinery) | 1,654 | 76,878 | ||||||
Hilltop Holdings, Inc. (Banks) | 1,405 | 46,407 | ||||||
Hilton Grand Vacations, Inc.* (Hotels, Restaurants & Leisure) | 1,942 | 94,886 | ||||||
Hingham Institution For Savings The (Thrifts & Mortgage Finance) | 33 | 12,798 | ||||||
HireQuest, Inc. (Professional Services) | 115 | 2,128 | ||||||
HireRight Holdings Corp.* (Professional Services) | 509 | 6,922 | ||||||
HNI Corp. (Commercial Services & Supplies) | 988 | 41,437 | ||||||
Home Bancorp, Inc. (Thrifts & Mortgage Finance) | 170 | 6,605 | ||||||
Home BancShares, Inc. (Banks) | 3,456 | 81,423 | ||||||
Home Point Capital, Inc. (Thrifts & Mortgage Finance) | 166 | 662 | ||||||
HomeStreet, Inc. (Thrifts & Mortgage Finance) | 452 | 22,035 | ||||||
HomeTrust Bancshares, Inc. (Banks) | 339 | 10,553 | ||||||
Homology Medicines, Inc.* (Biotechnology) | 952 | 3,541 | ||||||
Honest Co., Inc. (The)* (Personal Products) | 1,931 | 12,532 | ||||||
Hooker Furnishings Corp. (Household Durables) | 266 | 5,863 | ||||||
Hookipa Pharma, Inc.* (Biotechnology) | 436 | 654 | ||||||
Hope Bancorp, Inc. (Banks) | 2,628 | 44,019 | ||||||
Horace Mann Educators Corp. (Insurance) | 947 | 35,995 | ||||||
Horizon Bancorp, Inc. (Banks) | 972 | 20,733 | ||||||
Hostess Brands, Inc.* (Food Products) | 3,133 | 64,289 | ||||||
Houghton Mifflin Harcourt Co.* (Diversified Consumer Services) | 2,884 | 51,941 | ||||||
Houlihan Lokey, Inc. (Capital Markets) | 1,160 | 123,285 | ||||||
Hovnanian Enterprises, Inc.* - Class A (Household Durables) | 118 | 11,432 | ||||||
Hub Group, Inc.* - Class A (Air Freight & Logistics) | 748 | 56,639 | ||||||
Humanigen, Inc.* (Biotechnology) | 1,107 | 2,856 | ||||||
Huron Consulting Group, Inc.* (Professional Services) | 492 | 21,707 | ||||||
Hydrofarm Holdings Group, Inc.* (Machinery) | 882 | 17,296 | ||||||
Hyliion Holdings Corp.* (Machinery) | 2,657 | 11,824 | ||||||
HyreCar, Inc.* (Diversified Consumer Services) | 402 | 1,367 | ||||||
Hyster-Yale Materials Handling, Inc. (Machinery) | 227 | 10,190 | ||||||
I3 Verticals, Inc.* - Class A (IT Services) | 485 | 11,223 | ||||||
IBEX, Ltd.* (Commercial Services & Supplies) | 129 | 1,873 | ||||||
iBio, Inc.* (Biotechnology) | 4,905 | 2,348 | ||||||
iCAD, Inc.* (Health Care Technology) | 497 | 2,778 | ||||||
ICF International, Inc. (Professional Services) | 420 | 39,644 | ||||||
Ichor Holdings, Ltd.* (Semiconductors & Semiconductor Equipment) | 636 | 26,979 | ||||||
Icosavax, Inc.* (Biotechnology) | 302 | 4,609 | ||||||
Ideanomics, Inc.* (Software) | 9,969 | 10,667 | ||||||
Ideaya Biosciences, Inc.* (Biotechnology) | 740 | 12,262 | ||||||
Identiv, Inc.* (Electronic Equipment, Instruments & Components) | 487 | 9,409 | ||||||
IDT Corp.* - Class B (Diversified Telecommunication Services) | 454 | 17,039 | ||||||
IES Holdings, Inc.* (Construction & Engineering) | 197 | 9,712 | ||||||
IGM Biosciences, Inc.* (Biotechnology) | 185 | 3,275 | ||||||
iHeartMedia, Inc.* - Class A (Media) | 2,537 | 51,120 | ||||||
II-VI, Inc.* (Electronic Equipment, Instruments & Components) | 2,402 | 152,286 | ||||||
Ikena Oncology, Inc.* (Biotechnology) | 629 | 6,120 | ||||||
Imago Biosciences, Inc.* (Biotechnology) | 221 | 4,469 | ||||||
IMAX Corp.* (Entertainment) | 1,131 | 19,510 | ||||||
Immuneering Corp.* - Class A (Biotechnology) | 191 | 1,910 | ||||||
Immunic, Inc.* (Biotechnology) | 423 | 4,987 | ||||||
ImmunityBio, Inc.* (Biotechnology) | 1,550 | 9,021 | ||||||
ImmunoGen, Inc.* (Biotechnology) | 4,489 | 25,363 | ||||||
Immunovant, Inc.* (Biotechnology) | 910 | 6,361 | ||||||
Impel Neuropharma, Inc.* (Biotechnology) | 122 | 1,061 | ||||||
Impinj, Inc.* (Semiconductors & Semiconductor Equipment) | 429 | 34,058 | ||||||
Inari Medical, Inc.* (Health Care Equipment & Supplies) | 781 | 57,450 | ||||||
Independence Holding Co. (Insurance) | 97 | 5,524 | ||||||
Independence Realty Trust, Inc. (Equity Real Estate Investment Trusts) | 2,387 | 54,877 | ||||||
Independent Bank Corp. (Banks) | 1,040 | 87,724 | ||||||
Independent Bank Corp. (Banks) | 463 | 11,334 | ||||||
Independent Bank Group, Inc. (Banks) | 854 | 64,836 | ||||||
Indus Realty Trust, Inc. (Real Estate Management & Development) | 132 | 10,369 | ||||||
Industrial Logistics Properties Trust (Equity Real Estate Investment Trusts) | 1,476 | 33,845 | ||||||
Infinera Corp.* (Communications Equipment) | 4,147 | 34,918 | ||||||
Infinity Pharmaceuticals, Inc.* (Biotechnology) | 1,987 | 2,464 | ||||||
Infrastructure and Energy Alternatives, Inc.* (Construction & Engineering) | 622 | 5,610 | ||||||
InfuSystem Holdings, Inc.* (Health Care Providers & Services) | 411 | 6,206 | ||||||
Ingevity Corp.* (Chemicals) | 902 | 59,451 | ||||||
Ingles Markets, Inc. (Food & Staples Retailing) | 318 | 24,464 | ||||||
Inhibrx, Inc.* (Biotechnology) | 634 | 16,839 | ||||||
Innospec, Inc. (Chemicals) | 557 | 51,779 | ||||||
Innovage Holding Corp.* (Health Care Providers & Services) | 416 | 2,172 | ||||||
INNOVATE Corp.* (Construction & Engineering) | 1,075 | 4,225 | ||||||
Innovative Industrial Properties, Inc. (Equity Real Estate Investment Trusts) | 538 | 106,626 | ||||||
Innoviva, Inc.* (Pharmaceuticals) | 984 | 15,774 | ||||||
Inogen, Inc.* (Health Care Equipment & Supplies) | 449 | 13,349 | ||||||
Inotiv, Inc.* (Life Sciences Tools & Services) | 336 | 10,749 | ||||||
Inovio Pharmaceuticals, Inc.* (Biotechnology) | 4,692 | 19,425 | ||||||
Inozyme Pharma, Inc.* (Biotechnology) | 327 | 2,184 | ||||||
Inseego Corp.* (Communications Equipment) | 1,934 | 8,819 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Insight Enterprises, Inc.* (Electronic Equipment, Instruments & Components) | 783 | $ | 73,719 | |||||
Insmed, Inc.* (Biotechnology) | 2,680 | 60,782 | ||||||
Insperity, Inc. (Professional Services) | 825 | 88,712 | ||||||
Inspire Medical Systems, Inc.* (Health Care Technology) | 610 | 134,988 | ||||||
Installed Building Products, Inc. (Household Durables) | 539 | 59,716 | ||||||
Insteel Industries, Inc. (Building Products) | 423 | 16,002 | ||||||
Instil Bio, Inc.* (Biotechnology) | 1,227 | 14,245 | ||||||
Instructure Holdings, Inc.* (Software) | 276 | 6,376 | ||||||
Intapp, Inc.* (Software) | 237 | 4,768 | ||||||
Integer Holdings Corp.* (Health Care Equipment & Supplies) | 746 | 58,494 | ||||||
Integral Ad Science Holding Corp.* (Technology Hardware, Storage & Peripherals) | 392 | 6,562 | ||||||
Intellia Therapeutics, Inc.* (Biotechnology) | 1,580 | 149,421 | ||||||
Inter Parfums, Inc. (Personal Products) | 406 | 40,182 | ||||||
Intercept Pharmaceuticals, Inc.* (Biotechnology) | 567 | 9,293 | ||||||
InterDigital, Inc. (Communications Equipment) | 701 | 48,390 | ||||||
Interface, Inc. (Commercial Services & Supplies) | 1,319 | 17,490 | ||||||
International Bancshares Corp. (Banks) | 1,221 | 51,319 | ||||||
International Game Technology PLC (Hotels, Restaurants & Leisure) | 2,267 | 60,688 | ||||||
International Money Express, Inc.* (IT Services) | 734 | 11,751 | ||||||
International Seaways, Inc. (Oil, Gas & Consumable Fuels) | 1,042 | 15,203 | ||||||
Intersect ENT, Inc.* (Pharmaceuticals) | 756 | 20,714 | ||||||
Intra-Cellular Therapies, Inc.* (Pharmaceuticals) | 1,792 | 85,102 | ||||||
Intrepid Potash, Inc.* (Chemicals) | 226 | 8,764 | ||||||
Invacare Corp.* (Health Care Equipment & Supplies) | 764 | 1,719 | ||||||
Invesco Mortgage Capital, Inc. (Mortgage Real Estate Investment Trusts) | 7,127 | 19,100 | ||||||
Investors Bancorp, Inc. (Banks) | 5,190 | 84,701 | ||||||
Investors Title Co. (Insurance) | 29 | 5,800 | ||||||
Invitae Corp.* (Biotechnology) | 4,550 | 51,142 | ||||||
iRadimed Corp.* (Health Care Equipment & Supplies) | 144 | 5,734 | ||||||
iRhythm Technologies, Inc.* (Health Care Equipment & Supplies) | 670 | 83,636 | ||||||
Iridium Communications, Inc.* (Diversified Telecommunication Services) | 2,679 | 96,122 | ||||||
iRobot Corp.* (Household Durables) | 609 | 39,902 | ||||||
Ironwood Pharmaceuticals, Inc.* (Biotechnology) | 3,331 | 37,141 | ||||||
IsoPlexis Corp.* (Life Sciences Tools & Services) | 191 | 1,177 | ||||||
iStar, Inc. (Equity Real Estate Investment Trusts) | 1,523 | 32,699 | ||||||
iTeos Therapeutics, Inc.* (Biotechnology) | 457 | 16,735 | ||||||
Iteris, Inc.* (Electronic Equipment, Instruments & Components) | 961 | 3,825 | ||||||
Itron, Inc.* (Electronic Equipment, Instruments & Components) | 1,027 | 63,674 | ||||||
IVERIC bio, Inc.* (Biotechnology) | 2,611 | 36,397 | ||||||
J & J Snack Foods Corp. (Food Products) | 335 | 50,816 | ||||||
Jack in the Box, Inc. (Hotels, Restaurants & Leisure) | 495 | 45,070 | ||||||
James River Group Holdings, Ltd. (Insurance) | 831 | 23,534 | ||||||
Janux Therapeutics, Inc.* (Biotechnology) | 300 | 4,569 | ||||||
JELD-WEN Holding, Inc.* (Building Products) | 2,077 | 49,017 | ||||||
JFrog, Ltd.* (Software) | 1,201 | 32,091 | ||||||
JOANN, Inc. (Specialty Retail) | 260 | 2,779 | ||||||
John B Sanfilippo & Son, Inc. (Food Products) | 201 | 15,899 | ||||||
John Bean Technologies Corp. (Machinery) | 712 | 96,120 | ||||||
John Wiley & Sons, Inc. - Class A (Media) | 979 | 49,684 | ||||||
Johnson Outdoors, Inc. - Class A (Leisure Products) | 119 | 10,736 | ||||||
Jounce Therapeutics, Inc.* (Biotechnology) | 748 | 5,595 | ||||||
Kadant, Inc. (Machinery) | 261 | 54,544 | ||||||
Kaiser Aluminum Corp. (Metals & Mining) | 359 | 34,374 | ||||||
Kala Pharmaceuticals, Inc.* (Pharmaceuticals) | 1,097 | 971 | ||||||
Kaleido Biosciences, Inc.* (Pharmaceuticals) | 440 | 774 | ||||||
Kaltura, Inc.* (Software) | 395 | 1,418 | ||||||
KalVista Pharmaceuticals, Inc.* (Biotechnology) | 508 | 6,411 | ||||||
Kaman Corp. - Class A (Trading Companies & Distributors) | 627 | 25,061 | ||||||
KAR Auction Services, Inc.* (Commercial Services & Supplies) | 2,746 | 39,048 | ||||||
Karat Packaging, Inc.* (Trading Companies & Distributors) | 104 | 1,719 | ||||||
Karuna Therapeutics, Inc.* (Biotechnology) | 502 | 55,752 | ||||||
Karyopharm Therapeutics, Inc.* (Biotechnology) | 1,634 | 14,543 | ||||||
KB Home (Household Durables) | 1,804 | 76,219 | ||||||
KBR, Inc. (Professional Services) | 3,209 | 139,271 | ||||||
Kearny Financial Corp. (Thrifts & Mortgage Finance) | 1,539 | 19,915 | ||||||
Kelly Services, Inc. - Class A (Professional Services) | 799 | 13,647 | ||||||
KemPharm, Inc.* (Pharmaceuticals) | 673 | 4,852 | ||||||
Kennametal, Inc. (Machinery) | 1,898 | 65,614 | ||||||
Kennedy-Wilson Holdings, Inc. (Real Estate Management & Development) | 2,697 | 60,575 | ||||||
Keros Therapeutics, Inc.* (Biotechnology) | 354 | 16,415 | ||||||
Kezar Life Sciences, Inc.* (Biotechnology) | 794 | 10,465 | ||||||
Kforce, Inc. (Professional Services) | 460 | 31,588 | ||||||
Kimball Electronics, Inc.* (Electronic Equipment, Instruments & Components) | 544 | 10,766 | ||||||
Kimball International, Inc. - Class B (Commercial Services & Supplies) | 817 | 8,023 | ||||||
Kiniksa Pharmaceuticals, Ltd.* - Class A (Biotechnology) | 662 | 7,434 | ||||||
Kinnate Biopharma, Inc.* (Biotechnology) | 584 | 6,412 | ||||||
Kinsale Capital Group, Inc. (Insurance) | 488 | 97,755 | ||||||
Kirkland's, Inc.* (Specialty Retail) | 300 | 5,079 | ||||||
Kite Realty Group Trust (Equity Real Estate Investment Trusts) | 4,932 | 102,980 | ||||||
KKR Real Estate Finance Trust, Inc. (Mortgage Real Estate Investment Trusts) | 802 | 17,115 | ||||||
Knowles Corp.* (Electronic Equipment, Instruments & Components) | 2,020 | 42,844 | ||||||
Kodiak Sciences, Inc.* (Biotechnology) | 759 | 44,553 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Kontoor Brands, Inc. (Textiles, Apparel & Luxury Goods) | 1,176 | $ | 57,965 | |||||
Kopin Corp.* (Semiconductors & Semiconductor Equipment) | 1,758 | 5,169 | ||||||
Koppers Holdings, Inc.* (Chemicals) | 471 | 14,073 | ||||||
Korn Ferry (Professional Services) | 1,223 | 81,183 | ||||||
Kosmos Energy, Ltd.* (Oil, Gas & Consumable Fuels) | 10,173 | 44,049 | ||||||
Kraton Corp.* (Chemicals) | 713 | 33,069 | ||||||
Kratos Defense & Security Solutions, Inc.* (Aerospace & Defense) | 2,781 | 46,610 | ||||||
Krispy Kreme, Inc. (Hotels, Restaurants & Leisure) | 509 | 7,630 | ||||||
Kronos Bio, Inc.* (Chemicals) | 881 | 8,017 | ||||||
Kronos Worldwide, Inc. (Chemicals) | 504 | 7,232 | ||||||
Krystal Biotech, Inc.* (Biotechnology) | 405 | 23,895 | ||||||
Kulicke & Soffa Industries, Inc. (Semiconductors & Semiconductor Equipment) | 1,390 | 76,019 | ||||||
Kura Oncology, Inc.* (Biotechnology) | 1,442 | 20,318 | ||||||
Kura Sushi USA, Inc.* - Class A (Hotels, Restaurants & Leisure) | 91 | 4,200 | ||||||
KVH Industries, Inc.* (Communications Equipment) | 344 | 3,096 | ||||||
Kymera Therapeutics, Inc.* (Biotechnology) | 780 | 32,760 | ||||||
Ladder Capital Corp. (Mortgage Real Estate Investment Trusts) | 2,577 | 30,641 | ||||||
Laird Superfood, Inc.* (Food Products) | 142 | 1,132 | ||||||
Lakeland Bancorp, Inc. (Banks) | 1,389 | 26,294 | ||||||
Lakeland Financial Corp. (Banks) | 554 | 44,281 | ||||||
Lancaster Colony Corp. (Food Products) | 431 | 68,430 | ||||||
Landec Corp.* (Food Products) | 591 | 6,353 | ||||||
Landos Biopharma, Inc.* (Pharmaceuticals) | 106 | 364 | ||||||
Lands' End, Inc.* (Internet & Direct Marketing Retail) | 326 | 5,976 | ||||||
Landsea Homes Corp.* (Household Durables) | 244 | 1,774 | ||||||
Lantheus Holdings, Inc.* (Health Care Equipment & Supplies) | 1,529 | 38,852 | ||||||
Laredo Petroleum, Inc.* (Oil, Gas & Consumable Fuels) | 286 | 19,208 | ||||||
Latham Group, Inc.* (Leisure Products) | 723 | 12,060 | ||||||
Lattice Semiconductor Corp.* (Semiconductors & Semiconductor Equipment) | 3,074 | 169,746 | ||||||
Laureate Education, Inc. - Class A (Diversified Consumer Services) | 2,254 | 28,513 | ||||||
Lawson Products, Inc.* (Trading Companies & Distributors) | 108 | 5,255 | ||||||
La-Z-Boy, Inc. (Household Durables) | 998 | 36,637 | ||||||
Lazydays Holdings, Inc.* (Specialty Retail) | 174 | 2,826 | ||||||
LCI Industries (Auto Components) | 563 | 69,345 | ||||||
Legacy Housing Corp.* (Household Durables) | 183 | 4,531 | ||||||
Lemaitre Vascular, Inc. (Health Care Equipment & Supplies) | 429 | 18,151 | ||||||
LendingClub Corp.* (Consumer Finance) | 2,256 | 42,323 | ||||||
LendingTree, Inc.* (Thrifts & Mortgage Finance) | 264 | 32,166 | ||||||
Lexicon Pharmaceuticals, Inc.* (Biotechnology) | 1,589 | 5,037 | ||||||
LGI Homes, Inc.* (Household Durables) | 490 | 61,010 | ||||||
LHC Group, Inc.* (Health Care Providers & Services) | 693 | 86,001 | ||||||
Liberty Latin America, Ltd.* - Class A (Media) | 919 | 10,054 | ||||||
Liberty Latin America, Ltd.* - Class C (Media) | 3,511 | 37,954 | ||||||
Liberty Media Corp-Liberty Braves* - Class A (Entertainment) | 227 | 6,367 | ||||||
Liberty Media Corp-Liberty Braves* - Class C (Entertainment) | 829 | 22,383 | ||||||
Liberty Oilfield Services, Inc.* (Energy Equipment & Services) | 2,066 | 24,999 | ||||||
Liberty TripAdvisor Holdings, Inc.* - Class A (Interactive Media & Services) | 1,645 | 3,701 | ||||||
Life Time Group Holdings, Inc.* (Hotels, Restaurants & Leisure) | 883 | 13,263 | ||||||
LifeStance Health Group, Inc.* (Health Care Providers & Services) | 1,038 | 7,920 | ||||||
Lifetime Brands, Inc. (Household Durables) | 288 | 4,464 | ||||||
Ligand Pharmaceuticals, Inc.* (Biotechnology) | 342 | 42,623 | ||||||
Limelight Networks, Inc.* (IT Services) | 2,836 | 12,110 | ||||||
Limoneira Co. (Food Products) | 356 | 5,290 | ||||||
Lindblad Expeditions Holdings, Inc.* (Hotels, Restaurants & Leisure) | 696 | 11,742 | ||||||
Lindsay Corp. (Machinery) | 247 | 31,184 | ||||||
Lineage Cell Therapeutics, Inc.* (Biotechnology) | 2,846 | 4,497 | ||||||
Lions Gate Entertainment Corp.* - Class A (Entertainment) | 1,318 | 20,666 | ||||||
Lions Gate Entertainment Corp.* - Class B (Entertainment) | 2,675 | 39,002 | ||||||
Liquidity Services, Inc.* (Internet & Direct Marketing Retail) | 602 | 11,456 | ||||||
LivaNova PLC* (Health Care Equipment & Supplies) | 1,213 | 91,108 | ||||||
Live Oak Bancshares, Inc. (Banks) | 722 | 42,497 | ||||||
Livent Corp.* (Chemicals) | 3,668 | 84,401 | ||||||
LiveOne, Inc.* (Entertainment) | 1,338 | 1,255 | ||||||
LivePerson, Inc.* (Software) | 1,492 | 44,566 | ||||||
LiveRamp Holdings, Inc.* (IT Services) | 1,500 | 66,975 | ||||||
LL Flooring Holdings, Inc.* (Specialty Retail) | 649 | 9,372 | ||||||
Lordstown Motors Corp.* - Class A (Automobiles) | 3,523 | 10,569 | ||||||
LTC Properties, Inc. (Equity Real Estate Investment Trusts) | 882 | 31,814 | ||||||
Lucid Diagnostics, Inc.* (Health Care Equipment & Supplies) | 115 | 370 | ||||||
Lulu's Fashion Lounge Holdings, Inc.* (Internet & Direct Marketing Retail) | 132 | 1,275 | ||||||
Luna Innovations, Inc.* (Electronic Equipment, Instruments & Components) | 700 | 5,103 | ||||||
Luther Burbank Corp. (Thrifts & Mortgage Finance) | 351 | 4,503 | ||||||
Luxfer Holdings PLC (Machinery) | 625 | 10,675 | ||||||
LXP Industrial Trust (Equity Real Estate Investment Trusts) | 6,344 | 94,462 | ||||||
Lyell Immunopharma, Inc.* (Biotechnology) | 536 | 3,044 | ||||||
M.D.C Holdings, Inc. (Household Durables) | 1,298 | 65,796 | ||||||
M/I Homes, Inc.* (Household Durables) | 645 | 34,179 | ||||||
Macatawa Bank Corp. (Banks) | 596 | 5,388 | ||||||
MACOM Technology Solutions Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 1,103 | 67,515 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
MacroGenics, Inc.* (Biotechnology) | 1,363 | $ | 16,833 | |||||
Macy's, Inc. (Multiline Retail) | 7,128 | 182,477 | ||||||
Madison Square Garden Entertainment Corp.* (Entertainment) | 593 | 42,002 | ||||||
Madrigal Pharmaceuticals, Inc.* (Biotechnology) | 267 | 15,374 | ||||||
Magenta Therapeutics, Inc.* (Biotechnology) | 679 | 2,220 | ||||||
Magnite, Inc.* (Media) | 2,940 | 39,896 | ||||||
Magnolia Oil & Gas Corp. (Oil, Gas & Consumable Fuels) | 3,275 | 70,838 | ||||||
Maiden Holdings, Ltd.* (Insurance) | 1,578 | 4,403 | ||||||
Malibu Boats, Inc.* (Leisure Products) | 470 | 30,860 | ||||||
MannKind Corp.* (Biotechnology) | 5,604 | 20,903 | ||||||
ManTech International Corp. - Class A (Professional Services) | 622 | 44,933 | ||||||
Marathon Digital Holdings, Inc.* (IT Services) | 2,167 | 51,011 | ||||||
Marcus & Millichap, Inc.* (Real Estate Management & Development) | 539 | 25,231 | ||||||
Marine Products Corp. (Leisure Products) | 185 | 2,268 | ||||||
MarineMax, Inc.* (Specialty Retail) | 479 | 22,542 | ||||||
Marinus Pharmaceuticals, Inc.* (Pharmaceuticals) | 838 | 8,548 | ||||||
Marrone Bio Innovations, Inc.* (Chemicals) | 2,298 | 1,698 | ||||||
Marten Transport, Ltd. (Road & Rail) | 1,351 | 22,548 | ||||||
Masonite International Corp.* (Building Products) | 538 | 53,391 | ||||||
MasterCraft Boat Holdings, Inc.* (Leisure Products) | 427 | 10,859 | ||||||
Matador Resources Co. (Oil, Gas & Consumable Fuels) | 2,514 | 112,552 | ||||||
Materion Corp. (Metals & Mining) | 462 | 38,277 | ||||||
Matrix Service Co.* (Construction & Engineering) | 591 | 4,291 | ||||||
Matson, Inc. (Marine) | 944 | 92,191 | ||||||
Matthews International Corp. - Class A (Commercial Services & Supplies) | 702 | 24,654 | ||||||
MAX Holdings, Inc. (Real Estate Management & Development) | 420 | 12,499 | ||||||
Maxar Technologies, Inc. (Aerospace & Defense) | 1,646 | 42,812 | ||||||
MaxCyte, Inc.* (Biotechnology) | 2,175 | 14,051 | ||||||
MAXIMUS, Inc. (IT Services) | 1,392 | 107,629 | ||||||
MaxLinear, Inc.* - Class A (Semiconductors & Semiconductor Equipment) | 1,611 | 96,692 | ||||||
Mayville Engineering Co., Inc.* (Machinery) | 203 | 2,328 | ||||||
MBIA, Inc.* (Insurance) | 1,088 | 14,873 | ||||||
McGrath RentCorp (Commercial Services & Supplies) | 548 | 41,763 | ||||||
MedAvail Holdings, Inc.* (Food & Staples Retailing) | 273 | 393 | ||||||
MediaAlpha, Inc.* - Class A (Interactive Media & Services) | 481 | 7,143 | ||||||
Medifast, Inc. (Personal Products) | 261 | 51,863 | ||||||
MEDNAX, Inc.* (Health Care Providers & Services) | 1,726 | 42,201 | ||||||
Medpace Holdings, Inc.* (Life Sciences Tools & Services) | 657 | 116,590 | ||||||
MEI Pharma, Inc.* (Biotechnology) | 2,460 | 4,748 | ||||||
MeiraGTx Holdings PLC* (Biotechnology) | 676 | 10,133 | ||||||
Mercantile Bank Corp. (Banks) | 348 | 13,388 | ||||||
Merchants Bancorp (Thrifts & Mortgage Finance) | 335 | 9,765 | ||||||
Meridian Bioscience, Inc.* (Health Care Equipment & Supplies) | 968 | 20,183 | ||||||
MeridianLink, Inc.* (Software) | 287 | 5,565 | ||||||
Merit Medical Systems, Inc.* (Health Care Equipment & Supplies) | 1,165 | 64,599 | ||||||
Meritage Homes Corp.* (Household Durables) | 839 | 85,602 | ||||||
Meritor, Inc.* (Machinery) | 1,540 | 35,497 | ||||||
Mersana Therapeutics, Inc.* (Biotechnology) | 1,624 | 7,746 | ||||||
Mesa Air Group, Inc.* (Airlines) | 779 | 3,895 | ||||||
Mesa Laboratories, Inc. (Health Care Equipment & Supplies) | 113 | 32,129 | ||||||
Meta Financial Group, Inc. (Thrifts & Mortgage Finance) | 714 | 42,454 | ||||||
Meta Materials, Inc.* (Oil, Gas & Consumable Fuels) | 4,597 | 7,677 | ||||||
Methode Electronics, Inc. (Electronic Equipment, Instruments & Components) | 866 | 38,130 | ||||||
Metrocity Bankshares, Inc. (Banks) | 431 | 11,115 | ||||||
MetroMile, Inc.* (Insurance) | 2,186 | 3,629 | ||||||
Metropolitan Bank Holding Corp.* (Banks) | 223 | 22,300 | ||||||
MFA Financial, Inc. (Mortgage Real Estate Investment Trusts) | 10,049 | 46,527 | ||||||
MGE Energy, Inc. (Electric Utilities) | 824 | 63,802 | ||||||
MGP Ingredients, Inc. (Beverages) | 322 | 24,363 | ||||||
MicroStrategy, Inc.* (Software) | 192 | 70,658 | ||||||
MicroVision, Inc.* (Electronic Equipment, Instruments & Components) | 3,731 | 12,723 | ||||||
Mid Penn Bancorp, Inc. (Banks) | 322 | 9,612 | ||||||
Middlesex Water Co. (Water Utilities) | 392 | 39,686 | ||||||
Midland States Bancorp, Inc. (Banks) | 482 | 13,915 | ||||||
MidwestOne Financial Group, Inc. (Banks) | 323 | 10,313 | ||||||
Miller Industries, Inc. (Machinery) | 252 | 7,930 | ||||||
MillerKnoll, Inc. (Commercial Services & Supplies) | 1,686 | 65,113 | ||||||
Mimecast, Ltd.* (Software) | 1,382 | 110,159 | ||||||
MiMedx Group, Inc.* (Biotechnology) | 2,521 | 12,504 | ||||||
Mind Medicine MindMed, Inc.* (Pharmaceuticals) | 7,897 | 8,845 | ||||||
Minerals Technologies, Inc. (Chemicals) | 753 | 52,687 | ||||||
MiNK Therapeutics, Inc.* (Biotechnology) | 44 | 145 | ||||||
Mirum Pharmaceuticals, Inc.* (Biotechnology) | 82 | 1,562 | ||||||
Mission Produce, Inc.* (Food Products) | 841 | 12,001 | ||||||
Mistras Group, Inc.* (Professional Services) | 453 | 3,044 | ||||||
Mitek System, Inc.* (Software) | 974 | 15,944 | ||||||
Model N, Inc.* (Software) | 806 | 22,294 | ||||||
Modine Manufacturing Co.* (Auto Components) | 1,134 | 10,376 | ||||||
ModivCare, Inc.* (Health Care Providers & Services) | 282 | 32,692 | ||||||
Moelis & Co. (Capital Markets) | 1,389 | 78,437 | ||||||
Molecular Templates, Inc.* (Biotechnology) | 839 | 2,584 | ||||||
Momentive Global, Inc.* (Software) | 2,946 | 50,465 | ||||||
Monarch Casino & Resort, Inc.* (Hotels, Restaurants & Leisure) | 298 | 18,446 | ||||||
MoneyGram International, Inc.* (IT Services) | 2,032 | 17,821 | ||||||
Monmouth Real Estate Investment Corp. - Class A (Equity Real Estate Investment Trusts) | 2,162 | 45,380 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Monro, Inc. (Specialty Retail) | 753 | $ | 37,447 | |||||
Monte Rosa Therapeutics, Inc.* (Biotechnology) | 274 | 3,469 | ||||||
Montrose Environmental Group, Inc.* (Commercial Services & Supplies) | 594 | 27,187 | ||||||
Moog, Inc. - Class A (Aerospace & Defense) | 657 | 50,090 | ||||||
Morphic Holding, Inc.* (Biotechnology) | 480 | 20,366 | ||||||
Motorcar Parts of America, Inc.* (Auto Components) | 426 | 7,042 | ||||||
Movado Group, Inc. (Textiles, Apparel & Luxury Goods) | 355 | 13,160 | ||||||
MP Materials Corp.* (Metals & Mining) | 1,722 | 68,777 | ||||||
Mr Cooper Group, Inc.* (Thrifts & Mortgage Finance) | 1,404 | 56,371 | ||||||
MRC Global, Inc.* (Trading Companies & Distributors) | 1,827 | 13,538 | ||||||
Mueller Industries, Inc. (Machinery) | 1,275 | 65,867 | ||||||
Mueller Water Products, Inc. - Class A (Machinery) | 3,571 | 45,887 | ||||||
Multiplan Corp.* (Health Care Technology) | 8,643 | 34,831 | ||||||
Murphy Oil Corp. (Oil, Gas & Consumable Fuels) | 3,328 | 105,165 | ||||||
Murphy USA, Inc. (Specialty Retail) | 549 | 107,967 | ||||||
Mustang Bio, Inc.* (Biotechnology) | 1,653 | 1,951 | ||||||
MVB Financial Corp. (Banks) | 231 | 9,245 | ||||||
Myers Industries, Inc. (Containers & Packaging) | 820 | 14,817 | ||||||
MYR Group, Inc.* (Construction & Engineering) | 374 | 35,167 | ||||||
Myriad Genetics, Inc.* (Biotechnology) | 1,801 | 47,348 | ||||||
Nabors Industries, Ltd.* (Energy Equipment & Services) | 160 | 16,562 | ||||||
NanoString Technologies, Inc.* (Life Sciences Tools & Services) | 1,030 | 35,762 | ||||||
Nanthealth, Inc.* (Health Care Technology) | 611 | 487 | ||||||
Napco Security Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 658 | 13,680 | ||||||
Nathan's Famous, Inc. (Hotels, Restaurants & Leisure) | 65 | 3,502 | ||||||
National Bank Holdings Corp. (Banks) | 660 | 29,964 | ||||||
National Beverage Corp. (Beverages) | 533 | 23,809 | ||||||
National CineMedia, Inc. (Media) | 1,359 | 3,588 | ||||||
National Energy Services Reunited Corp.* (Energy Equipment & Services) | 862 | 8,560 | ||||||
National Health Investors, Inc. (Equity Real Estate Investment Trusts) | 993 | 57,425 | ||||||
National Healthcare Corp. (Health Care Providers & Services) | 285 | 18,639 | ||||||
National Presto Industries, Inc. (Aerospace & Defense) | 116 | 9,541 | ||||||
National Research Corp. (Health Care Providers & Services) | 317 | 13,187 | ||||||
National Storage Affiliates Trust (Equity Real Estate Investment Trusts) | 1,840 | 113,270 | ||||||
National Vision Holdings, Inc.* (Specialty Retail) | 1,853 | 75,751 | ||||||
National Western Life Group, Inc. - Class A (Insurance) | 58 | 12,404 | ||||||
Natural Grocers by Vitamin Cottage, Inc. (Food & Staples Retailing) | 209 | 3,051 | ||||||
Nature's Sunshine Products, Inc. (Personal Products) | 269 | 4,745 | ||||||
Natus Medical, Inc.* (Health Care Equipment & Supplies) | 766 | 17,649 | ||||||
Nautilus, Inc.* (Leisure Products) | 684 | 3,488 | ||||||
Navient Corp. (Consumer Finance) | 3,592 | 62,608 | ||||||
NBT Bancorp, Inc. (Banks) | 956 | 36,978 | ||||||
Neenah, Inc. (Paper & Forest Products) | 383 | 17,656 | ||||||
Nelnet, Inc. - Class A (Consumer Finance) | 385 | 34,084 | ||||||
NEOGAMES SA* (Hotels, Restaurants & Leisure) | 235 | 5,562 | ||||||
Neogen Corp.* (Health Care Equipment & Supplies) | 2,443 | 89,096 | ||||||
NeoGenomics, Inc.* (Life Sciences Tools & Services) | 2,573 | 57,994 | ||||||
Neoleukin Therapeutics, Inc.* (Biotechnology) | 799 | 2,852 | ||||||
NeoPhotonics Corp.* (Semiconductors & Semiconductor Equipment) | 1,165 | 17,894 | ||||||
NETGEAR, Inc.* (Communications Equipment) | 656 | 18,152 | ||||||
NetScout Systems, Inc.* (Communications Equipment) | 1,593 | 50,259 | ||||||
NETSTREIT Corp. (Equity Real Estate Investment Trusts) | 901 | 20,363 | ||||||
Neuronetics, Inc.* (Health Care Equipment & Supplies) | 579 | 2,073 | ||||||
NeuroPace, Inc.* (Health Care Equipment & Supplies) | 161 | 1,298 | ||||||
Nevro Corp.* (Health Care Equipment & Supplies) | 785 | 51,575 | ||||||
New Jersey Resources Corp. (Gas Utilities) | 2,192 | 88,140 | ||||||
New York Mortgage Trust, Inc. (Mortgage Real Estate Investment Trusts) | 8,618 | 32,318 | ||||||
NewAge, Inc.* (Beverages) | 3,053 | 2,288 | ||||||
Newmark Group, Inc. (Real Estate Management & Development) | 3,385 | 51,824 | ||||||
Newpark Resources, Inc.* (Energy Equipment & Services) | 2,050 | 7,278 | ||||||
NexImmune, Inc.* (Biotechnology) | 401 | 1,271 | ||||||
Nexpoint Residential Trust, Inc. (Equity Real Estate Investment Trusts) | 505 | 40,047 | ||||||
NextGen Healthcare, Inc.* (Health Care Technology) | 1,295 | 25,006 | ||||||
NexTier Oilfield Solutions, Inc.* (Energy Equipment & Services) | 3,926 | 23,635 | ||||||
NGM Biopharmaceuticals, Inc.* (Pharmaceuticals) | 715 | 11,304 | ||||||
NI Holdings, Inc.* (Insurance) | 195 | 3,764 | ||||||
Nicolet Bankshares, Inc.* (Banks) | 284 | 26,438 | ||||||
Nikola Corp.* (Machinery) | 5,193 | 41,700 | ||||||
Nkarta, Inc.* (Biotechnology) | 320 | 3,171 | ||||||
NL Industries, Inc. (Commercial Services & Supplies) | 190 | 1,235 | ||||||
nLight, Inc.* (Electronic Equipment, Instruments & Components) | 990 | 20,483 | ||||||
NMI Holdings, Inc.* - Class A (Thrifts & Mortgage Finance) | 1,900 | 47,006 | ||||||
NN, Inc.* (Machinery) | 970 | �� | 3,696 | |||||
Noodles & Co.* (Hotels, Restaurants & Leisure) | 923 | 7,762 | ||||||
Nordic American Tankers, Ltd. (Oil, Gas & Consumable Fuels) | 3,816 | 5,915 | ||||||
Northern Oil And Gas, Inc. (Oil, Gas & Consumable Fuels) | 1,183 | 27,824 | ||||||
Northfield Bancorp, Inc. (Thrifts & Mortgage Finance) | 999 | 15,744 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Northrim Bancorp, Inc. (Banks) | 136 | $ | 5,976 | |||||
Northwest Bancshares, Inc. (Thrifts & Mortgage Finance) | 2,778 | 39,198 | ||||||
Northwest Natural Holding Co. (Gas Utilities) | 693 | 32,807 | ||||||
Northwest Pipe Co.* (Construction & Engineering) | 220 | 6,241 | ||||||
NorthWestern Corp. (Multi-Utilities) | 1,198 | 69,628 | ||||||
Novagold Resources, Inc.* (Metals & Mining) | 5,376 | 35,482 | ||||||
Novanta, Inc.* (Electronic Equipment, Instruments & Components) | 801 | 110,618 | ||||||
NOW, Inc.* (Trading Companies & Distributors) | 2,502 | 22,243 | ||||||
Nu Skin Enterprises, Inc. - Class A (Personal Products) | 1,128 | 54,358 | ||||||
Nurix Therapeutics, Inc.* (Biotechnology) | 711 | 13,239 | ||||||
Nuvalent, Inc.* - Class A (Biotechnology) | 244 | 3,292 | ||||||
NuVasive, Inc.* (Health Care Equipment & Supplies) | 1,176 | 61,164 | ||||||
Nuvation Bio, Inc.* (Pharmaceuticals) | 3,608 | 22,009 | ||||||
NV5 Global, Inc.* (Construction & Engineering) | 299 | 31,272 | ||||||
NVE Corp. (Semiconductors & Semiconductor Equipment) | 108 | 6,682 | ||||||
Oasis Petroleum, Inc. (Oil, Gas & Consumable Fuels) | 450 | 60,944 | ||||||
Oceaneering International, Inc.* (Energy Equipment & Services) | 2,254 | 29,370 | ||||||
Oceanfirst Financial Corp. (Thrifts & Mortgage Finance) | 1,322 | 30,009 | ||||||
Ocugen, Inc.* (Biotechnology) | 4,191 | 14,878 | ||||||
Ocular Therapeutix, Inc.* (Pharmaceuticals) | 1,740 | 9,848 | ||||||
Ocwen Financial Corp.* (Thrifts & Mortgage Finance) | 185 | 6,786 | ||||||
Office Properties Income Trust (Equity Real Estate Investment Trusts) | 1,086 | 27,671 | ||||||
OFG Bancorp (Banks) | 1,115 | 30,852 | ||||||
O-I Glass, Inc.* (Containers & Packaging) | 3,586 | 47,730 | ||||||
Oil States International, Inc.* (Energy Equipment & Services) | 1,377 | 8,634 | ||||||
Oil-Dri Corp. of America (Household Products) | 118 | 4,014 | ||||||
Old National Bancorp (Banks) | 3,751 | 68,756 | ||||||
Old Second Bancorp, Inc. (Banks) | 630 | 8,461 | ||||||
Olema Pharmaceuticals, Inc.* (Biotechnology) | 569 | 3,659 | ||||||
Olympic Steel, Inc. (Metals & Mining) | 213 | 4,535 | ||||||
Omega Flex, Inc. (Machinery) | 70 | 9,937 | ||||||
Omega Therapeutics, Inc.* (Biotechnology) | 172 | 1,954 | ||||||
Omeros Corp.* (Pharmaceuticals) | 1,368 | 8,208 | ||||||
Omnicell, Inc.* (Health Care Technology) | 993 | 149,090 | ||||||
ON24, Inc.* (Software) | 609 | 10,024 | ||||||
Oncocyte Corp.* (Biotechnology) | 1,362 | 2,315 | ||||||
Oncorus, Inc.* (Biotechnology) | 464 | 1,610 | ||||||
Oncternal Therapeutics, Inc.* (Biotechnology) | 1,004 | 1,877 | ||||||
ONE Gas, Inc. (Gas Utilities) | 1,197 | 93,234 | ||||||
ONE Group Hospitality, Inc. (The)* (Hotels, Restaurants & Leisure) | 468 | 5,897 | ||||||
One Liberty Properties, Inc. (Equity Real Estate Investment Trusts) | 366 | 11,163 | ||||||
OneSpan, Inc.* (Software) | 799 | 12,832 | ||||||
OneSpaWorld Holdings, Ltd.* (Diversified Consumer Services) | 1,214 | 12,528 | ||||||
Onewater Marine, Inc. (Specialty Retail) | 233 | 12,048 | ||||||
Onto Innovation, Inc.* (Semiconductors & Semiconductor Equipment) | 1,105 | 101,152 | ||||||
Ontrak, Inc.* (Health Care Providers & Services) | 211 | 730 | ||||||
Ooma, Inc.* (Diversified Telecommunication Services) | 500 | 9,020 | ||||||
Open Lending Corp.* - Class A (Capital Markets) | 2,367 | 44,949 | ||||||
OPKO Health, Inc.* (Biotechnology) | 9,068 | 28,383 | ||||||
Oportun Financial Corp.* (Consumer Finance) | 477 | 8,591 | ||||||
Oppenheimer Holdings, Inc. - Class A (Capital Markets) | 210 | 8,902 | ||||||
OptimizeRx Corp.* (Health Care Technology) | 390 | 17,523 | ||||||
Option Care Health, Inc.* (Health Care Providers & Services) | 3,606 | 84,272 | ||||||
Oramed Pharmaceuticals, Inc.* (Pharmaceuticals) | 688 | 6,164 | ||||||
OraSure Technologies, Inc.* (Health Care Equipment & Supplies) | 1,624 | 14,372 | ||||||
Orchid Island Capital, Inc. (Mortgage Real Estate Investment Trusts) | 3,085 | 12,433 | ||||||
Organogenesis Holdings, Inc.* (Biotechnology) | 866 | 6,660 | ||||||
ORIC Pharmaceuticals, Inc.* (Biotechnology) | 718 | 7,101 | ||||||
Origin Bancorp, Inc. (Banks) | 502 | 21,445 | ||||||
Orion Engineered Carbons SA (Chemicals) | 1,375 | 23,513 | ||||||
Ormat Technologies, Inc. (Independent Power and Renewable Electricity Producers) | 1,029 | 70,137 | ||||||
Orrstown Financial Services, Inc. (Banks) | 247 | 6,113 | ||||||
Ortho Clinical Diagnostics Holdings PLC* (Health Care Equipment & Supplies) | 2,734 | 47,462 | ||||||
Orthofix Medical, Inc.* (Health Care Equipment & Supplies) | 430 | 13,072 | ||||||
OrthoPediatrics Corp.* (Health Care Equipment & Supplies) | 314 | 14,849 | ||||||
OSI Systems, Inc.* (Electronic Equipment, Instruments & Components) | 385 | 31,932 | ||||||
Otter Tail Corp. (Electric Utilities) | 934 | 59,216 | ||||||
Ouster, Inc.* (Electronic Equipment, Instruments & Components) | 3,537 | 12,450 | ||||||
Outbrain, Inc.* (Interactive Media & Services) | 200 | 2,524 | ||||||
Outfront Media, Inc. (Equity Real Estate Investment Trusts) | 3,304 | 82,071 | ||||||
Outlook Therapeutics, Inc.* (Biotechnology) | 2,021 | 2,870 | ||||||
Outset Medical, Inc.* (Health Care Equipment & Supplies) | 1,063 | 39,533 | ||||||
Overstock.com, Inc.* (Internet & Direct Marketing Retail) | 976 | 46,789 | ||||||
Ovintiv, Inc. (Oil, Gas & Consumable Fuels) | 5,951 | 230,898 | ||||||
Owens & Minor, Inc. (Health Care Providers & Services) | 1,644 | 69,196 | ||||||
Oxford Industries, Inc. (Textiles, Apparel & Luxury Goods) | 365 | 30,072 | ||||||
Oyster Point Pharma, Inc.* (Biotechnology) | 252 | 3,021 | ||||||
Pacific Biosciences of California, Inc.* (Life Sciences Tools & Services) | 4,409 | 49,293 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Pacific Premier Bancorp, Inc. (Banks) | 2,128 | $ | 81,396 | |||||
Pacira BioSciences, Inc.* (Pharmaceuticals) | 1,002 | 62,896 | ||||||
Pactiv Evergreen, Inc. (Containers & Packaging) | 976 | 10,687 | ||||||
PAE, Inc.* (Aerospace & Defense) | 1,576 | 15,776 | ||||||
PagerDuty, Inc.* (Software) | 1,857 | 61,318 | ||||||
Palomar Holdings, Inc.* (Insurance) | 558 | 29,435 | ||||||
PAM Transportation Services, Inc.* (Road & Rail) | 80 | 5,586 | ||||||
Papa John's International, Inc. (Hotels, Restaurants & Leisure) | 751 | 92,711 | ||||||
Par Pacific Holdings, Inc.* (Oil, Gas & Consumable Fuels) | 1,015 | 14,312 | ||||||
PAR Technology Corp.* (Electronic Equipment, Instruments & Components) | 575 | 21,563 | ||||||
Paragon 28, Inc.* (Health Care Equipment & Supplies) | 205 | 3,085 | ||||||
Paramount Group, Inc. (Equity Real Estate Investment Trusts) | 4,238 | 36,828 | ||||||
Paratek Pharmaceuticals, Inc.* (Pharmaceuticals) | 1,109 | 4,491 | ||||||
Park Aerospace Corp. (Aerospace & Defense) | 443 | 5,994 | ||||||
Park National Corp. (Banks) | 327 | 44,295 | ||||||
Park-Ohio Holdings Corp. (Machinery) | 193 | 3,906 | ||||||
Parsons Corp.* (Aerospace & Defense) | 597 | 18,179 | ||||||
Party City Holdco, Inc.* (Specialty Retail) | 2,503 | 11,839 | ||||||
Passage Bio, Inc.* (Biotechnology) | 842 | 4,235 | ||||||
Patrick Industries, Inc. (Auto Components) | 516 | 33,230 | ||||||
Patterson Cos., Inc. (Health Care Providers & Services) | 1,945 | 55,802 | ||||||
Patterson-UTI Energy, Inc. (Energy Equipment & Services) | 4,230 | 42,131 | ||||||
PAVmed, Inc.* (Health Care Equipment & Supplies) | 1,649 | 2,836 | ||||||
Paya Holdings, Inc.* (IT Services) | 1,944 | 12,733 | ||||||
PBF Energy, Inc.* - Class A (Oil, Gas & Consumable Fuels) | 2,185 | 34,610 | ||||||
PC Connection, Inc. (Electronic Equipment, Instruments & Components) | 252 | 10,924 | ||||||
PCSB Financial Corp. (Thrifts & Mortgage Finance) | 292 | 5,455 | ||||||
PDC Energy, Inc. (Oil, Gas & Consumable Fuels) | 2,213 | 131,164 | ||||||
PDF Solutions, Inc.* (Semiconductors & Semiconductor Equipment) | 681 | 20,246 | ||||||
Peabody Energy Corp.* (Oil, Gas & Consumable Fuels) | 2,020 | 21,816 | ||||||
Peapack Gladstone Financial Corp. (Banks) | 407 | 14,994 | ||||||
Pebblebrook Hotel Trust (Equity Real Estate Investment Trusts) | 2,954 | 63,954 | ||||||
Pennymac Financial Services, Inc. (Thrifts & Mortgage Finance) | 709 | 44,454 | ||||||
PennyMac Mortgage Investment Trust (Mortgage Real Estate Investment Trusts) | 2,224 | 39,632 | ||||||
Peoples Bancorp, Inc. (Banks) | 575 | 19,061 | ||||||
Peoples Financial Services Corp. (Banks) | 159 | 8,066 | ||||||
Perdoceo Education Corp.* (Diversified Consumer Services) | 1,597 | 17,599 | ||||||
Perficient, Inc.* (IT Services) | 739 | 77,462 | ||||||
Performance Food Group Co.* (Food & Staples Retailing) | 3,440 | 145,134 | ||||||
Perpetua Resources Corp.* (Metals & Mining) | 737 | 2,712 | ||||||
Personalis, Inc.* (Life Sciences Tools & Services) | 817 | 9,306 | ||||||
Petiq, Inc.* (Health Care Providers & Services) | 610 | 12,468 | ||||||
PetMed Express, Inc. (Internet & Direct Marketing Retail) | 462 | 11,933 | ||||||
PGT Innovations, Inc.* (Building Products) | 1,310 | 24,877 | ||||||
Phathom Pharmaceuticals, Inc.* (Pharmaceuticals) | 460 | 7,728 | ||||||
Phibro Animal Health Corp. - Class A (Pharmaceuticals) | 464 | 8,955 | ||||||
Phillips Edison & Co., Inc. (Equity Real Estate Investment Trusts) | 425 | 13,396 | ||||||
Photronics, Inc.* (Semiconductors & Semiconductor Equipment) | 1,349 | 24,120 | ||||||
Phreesia, Inc.* (Health Care Technology) | 1,128 | 35,182 | ||||||
Physicians Realty Trust (Equity Real Estate Investment Trusts) | 5,002 | 91,337 | ||||||
Piedmont Office Realty Trust, Inc. - Class A (Equity Real Estate Investment Trusts) | 2,818 | 50,048 | ||||||
Ping Identity Holding Corp.* (Software) | 1,380 | 27,310 | ||||||
Pioneer Bancorp, Inc.* (Thrifts & Mortgage Finance) | 264 | 3,052 | ||||||
Piper Sandler Cos. (Capital Markets) | 397 | 61,225 | ||||||
Pitney Bowes, Inc. (Commercial Services & Supplies) | 3,992 | 24,591 | ||||||
PJT Partners, Inc. - Class A (Capital Markets) | 538 | 37,294 | ||||||
Plantronics, Inc.* (Communications Equipment) | 959 | 25,557 | ||||||
PlayAGS, Inc.* (Hotels, Restaurants & Leisure) | 620 | 4,830 | ||||||
PLBY Group, Inc.* (Textiles, Apparel & Luxury Goods) | 654 | 10,392 | ||||||
Plexus Corp.* (Electronic Equipment, Instruments & Components) | 635 | 49,225 | ||||||
Pliant Therapeutics, Inc.* (Pharmaceuticals) | 546 | 6,405 | ||||||
Plymouth Industrial REIT, Inc. (Equity Real Estate Investment Trusts) | 710 | 20,413 | ||||||
PMV Pharmaceuticals, Inc.* (Pharmaceuticals) | 593 | 9,524 | ||||||
PNM Resources, Inc. (Electric Utilities) | 1,943 | 87,066 | ||||||
PolyMet Mining Corp.* (Metals & Mining) | 655 | 1,670 | ||||||
Porch Group, Inc.* (Internet & Direct Marketing Retail) | 1,750 | 18,463 | ||||||
Portage Biotech, Inc.* (Biotechnology) | 113 | 981 | ||||||
Portillo's, Inc.* - Class A (Hotels, Restaurants & Leisure) | 534 | 14,178 | ||||||
Portland General Electric Co. (Electric Utilities) | 2,044 | 107,392 | ||||||
Poseida Therapeutics, Inc.* (Biotechnology) | 653 | 3,102 | ||||||
Postal Realty Trust, Inc. - Class A (Equity Real Estate Investment Trusts) | 279 | 4,989 | ||||||
PotlatchDeltic Corp. (Equity Real Estate Investment Trusts) | 1,499 | 80,631 | ||||||
Powell Industries, Inc. (Electrical Equipment) | 207 | 6,181 | ||||||
Power Integrations, Inc. (Semiconductors & Semiconductor Equipment) | 1,370 | 110,573 | ||||||
PowerSchool Holdings, Inc.* (Diversified Consumer Services) | 1,220 | 19,984 | ||||||
PRA Group, Inc.* (Consumer Finance) | 981 | 45,617 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Praxis Precision Medicines, Inc.* (Biotechnology) | 756 | $ | 11,234 | |||||
Precigen, Inc.* (Biotechnology) | 2,145 | 5,534 | ||||||
Precision BioSciences, Inc.* (Biotechnology) | 1,147 | 5,471 | ||||||
Preferred Apartment Communities, Inc. - Class A (Equity Real Estate Investment Trusts) | 1,183 | 19,732 | ||||||
Preferred Bank (Banks) | 313 | 24,433 | ||||||
Preformed Line Products Co. (Electrical Equipment) | 67 | 4,063 | ||||||
Prelude Therapeutics, Inc.* (Biotechnology) | 246 | 2,443 | ||||||
Premier Financial Corp. (Thrifts & Mortgage Finance) | 840 | 25,074 | ||||||
Prestige Consumer Healthcare, Inc.* (Pharmaceuticals) | 1,137 | 64,184 | ||||||
PriceSmart, Inc. (Food & Staples Retailing) | 532 | 37,990 | ||||||
Primis Financial Corp. (Banks) | 547 | 8,128 | ||||||
Primo Water Corp. (Beverages) | 3,570 | 59,619 | ||||||
Primoris Services Corp. (Construction & Engineering) | 1,211 | 31,147 | ||||||
Priority Technology Holdings, Inc.* (IT Services) | 231 | 1,400 | ||||||
Privia Health Group, Inc.* (Health Care Providers & Services) | 366 | 7,788 | ||||||
ProAssurance Corp. (Insurance) | 1,216 | 29,135 | ||||||
PROCEPT BioRobotics Corp.* (Health Care Equipment & Supplies) | 164 | 3,041 | ||||||
PROG Holdings, Inc.* (Consumer Finance) | 1,476 | 58,760 | ||||||
Progress Software Corp. (Software) | 998 | 45,419 | ||||||
Progyny, Inc.* (Health Care Providers & Services) | 1,460 | 59,130 | ||||||
Prometheus Biosciences, Inc.* (Biotechnology) | 680 | 24,432 | ||||||
ProPetro Holding Corp.* (Energy Equipment & Services) | 1,957 | 20,568 | ||||||
PROS Holdings, Inc.* (Software) | 907 | 25,133 | ||||||
Protagonist Therapeutics, Inc.* (Biotechnology) | 1,019 | 29,847 | ||||||
Prothena Corp. PLC* (Biotechnology) | 814 | 27,741 | ||||||
Proto Labs, Inc.* (Machinery) | 631 | 31,664 | ||||||
Provention Bio, Inc.* (Pharmaceuticals) | 1,259 | 6,748 | ||||||
Provident BanCorp, Inc. (Thrifts & Mortgage Finance) | 349 | 6,310 | ||||||
Provident Financial Services, Inc. (Thrifts & Mortgage Finance) | 1,722 | 41,621 | ||||||
PS Business Parks, Inc. (Equity Real Estate Investment Trusts) | 455 | 75,967 | ||||||
PTC Therapeutics, Inc.* (Biotechnology) | 1,576 | 63,387 | ||||||
Pulmonx Corp.* (Health Care Equipment & Supplies) | 593 | 14,440 | ||||||
Pulse Biosciences, Inc.* (Health Care Equipment & Supplies) | 316 | 3,843 | ||||||
Puma Biotechnology, Inc.* (Biotechnology) | 733 | 1,803 | ||||||
Pure Cycle Corp.* (Water Utilities) | 437 | 5,602 | ||||||
PureCycle Technologies, Inc.* (Chemicals) | 1,207 | 7,182 | ||||||
Purple Innovation, Inc.* (Household Durables) | 1,307 | 10,874 | ||||||
Pyxis Oncology, Inc.* (Biotechnology) | 241 | 2,299 | ||||||
Pzena Investment Management, Inc. - Class A (Capital Markets) | 378 | 3,833 | ||||||
Q2 Holdings, Inc.* (Software) | 1,243 | 81,106 | ||||||
QCR Holdings, Inc. (Banks) | 344 | 19,622 | ||||||
Quaker Chemical Corp. (Chemicals) | 306 | 64,006 | ||||||
Qualys, Inc.* (Software) | 774 | 99,180 | ||||||
Quanex Building Products Corp. (Building Products) | 760 | 16,560 | ||||||
Quanterix Corp.* (Life Sciences Tools & Services) | 698 | 21,247 | ||||||
Quantum Corp.* (Technology Hardware, Storage & Peripherals) | 1,318 | 6,643 | ||||||
QuinStreet, Inc.* (Interactive Media & Services) | 1,138 | 18,310 | ||||||
Quotient Technology, Inc.* (Internet & Direct Marketing Retail) | 2,040 | 14,504 | ||||||
Quotient, Ltd.* (Health Care Equipment & Supplies) | 1,781 | 2,885 | ||||||
R. R. Donnelley & Sons Co.* (Commercial Services & Supplies) | 1,608 | 17,720 | ||||||
R1 RCM, Inc.* (Health Care Providers & Services) | 2,694 | 64,063 | ||||||
Rackspace Technology, Inc.* (IT Services) | 1,238 | 15,487 | ||||||
Radian Group, Inc. (Thrifts & Mortgage Finance) | 4,091 | 91,596 | ||||||
Radiant Logistics, Inc.* (Air Freight & Logistics) | 891 | 5,533 | ||||||
Radius Global Infrastructure, Inc.* - Class A (Diversified Telecommunication Services) | 1,338 | 18,411 | ||||||
Radius Health, Inc.* (Biotechnology) | 1,061 | 8,042 | ||||||
RadNet, Inc.* (Health Care Providers & Services) | 1,028 | 26,471 | ||||||
Rafael Holdings, Inc.* - Class B (Real Estate Management & Development) | 221 | 915 | ||||||
Rain Therapeutics, Inc.* (Biotechnology) | 361 | 3,097 | ||||||
Rallybio Corp.* (Biotechnology) | 163 | 1,982 | ||||||
Rambus, Inc.* (Semiconductors & Semiconductor Equipment) | 2,462 | 62,166 | ||||||
Range Resources Corp.* (Oil, Gas & Consumable Fuels) | 5,427 | 104,470 | ||||||
Ranger Oil Corp.* (Oil, Gas & Consumable Fuels) | 482 | 14,947 | ||||||
Ranpak Holdings Corp.* (Containers & Packaging) | 854 | 22,938 | ||||||
Rapid Micro Biosystems, Inc.* - Class A (Life Sciences Tools & Services) | 187 | 1,333 | ||||||
Rapid7, Inc.* (Software) | 1,274 | 122,725 | ||||||
RAPT Therapeutics, Inc.* (Biotechnology) | 484 | 10,464 | ||||||
Rayonier Advanced Materials, Inc.* (Chemicals) | 1,402 | 8,734 | ||||||
RBB Bancorp (Banks) | 319 | 8,610 | ||||||
RBC Bearings, Inc.* (Machinery) | 632 | 114,056 | ||||||
RCI Hospitality Holdings, Inc. (Hotels, Restaurants & Leisure) | 190 | 13,275 | ||||||
Ready Capital Corp. (Mortgage Real Estate Investment Trusts) | 1,355 | 19,295 | ||||||
Realogy Holdings Corp.* (Real Estate Management & Development) | 2,613 | 43,115 | ||||||
Reata Pharmaceuticals, Inc.* - Class A (Pharmaceuticals) | 623 | 17,519 | ||||||
Recursion Pharmaceuticals, Inc.* - Class A (Biotechnology) | 2,616 | 30,973 | ||||||
Red River Bancshares, Inc. (Banks) | 103 | 5,353 | ||||||
Red Robin Gourmet Burgers, Inc.* (Hotels, Restaurants & Leisure) | 354 | 5,222 | ||||||
Red Rock Resorts, Inc. - Class A (Hotels, Restaurants & Leisure) | 1,354 | 60,280 | ||||||
Redfin Corp.* (Real Estate Management & Development) | 2,341 | 69,222 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Redwood Trust, Inc. (Mortgage Real Estate Investment Trusts) | 2,604 | $ | 32,107 | |||||
REGENXBIO, Inc.* (Biotechnology) | 896 | 23,654 | ||||||
Regional Management Corp. (Consumer Finance) | 174 | 8,832 | ||||||
Regis Corp.* (Diversified Consumer Services) | 969 | 1,444 | ||||||
Rekor Systems, Inc.* (Professional Services) | 768 | 3,571 | ||||||
Relay Therapeutics, Inc.* (Biotechnology) | 1,588 | 35,142 | ||||||
Relmada Therapeutics, Inc.* (Pharmaceuticals) | 354 | 6,510 | ||||||
Remitly Global, Inc.* (IT Services) | 279 | 3,395 | ||||||
Renasant Corp. (Banks) | 1,239 | 45,570 | ||||||
Reneo Pharmaceuticals, Inc.* (Biotechnology) | 197 | 1,223 | ||||||
Renewable Energy Group, Inc.* (Oil, Gas & Consumable Fuels) | 1,016 | 40,904 | ||||||
Rent the Runway, Inc.* - Class A (Internet & Direct Marketing Retail) | 389 | 2,245 | ||||||
Rent-A-Center, Inc. (Specialty Retail) | 1,496 | 63,056 | ||||||
Repay Holdings Corp.* (IT Services) | 1,966 | 35,172 | ||||||
Replimune Group, Inc.* (Biotechnology) | 675 | 13,385 | ||||||
Republic Bancorp, Inc. - Class A (Banks) | 211 | 10,343 | ||||||
Republic First Bancorp, Inc.* (Banks) | 1,015 | 4,365 | ||||||
Resideo Technologies, Inc.* (Building Products) | 3,278 | 81,229 | ||||||
Resources Connection, Inc. (Professional Services) | 724 | 12,619 | ||||||
Retail Opportunity Investments Corp. (Equity Real Estate Investment Trusts) | 2,698 | 49,994 | ||||||
Retail Value, Inc. (Equity Real Estate Investment Trusts) | 396 | 1,247 | ||||||
Retractable Technologies, Inc.* (Health Care Equipment & Supplies) | 393 | 2,146 | ||||||
REV Group, Inc. (Machinery) | 646 | 8,676 | ||||||
Revance Therapeutics, Inc.* (Pharmaceuticals) | 1,593 | 21,235 | ||||||
Revlon, Inc.* - Class A (Personal Products) | 161 | 1,594 | ||||||
REVOLUTION Medicines, Inc.* (Biotechnology) | 1,348 | 29,009 | ||||||
Revolve Group, Inc.* (Internet & Direct Marketing Retail) | 813 | 40,097 | ||||||
REX American Resources Corp.* (Oil, Gas & Consumable Fuels) | 121 | 11,668 | ||||||
Rhythm Pharmaceuticals, Inc.* (Biotechnology) | 994 | 7,366 | ||||||
Ribbon Communications, Inc.* (Communications Equipment) | 1,596 | 7,182 | ||||||
Rigel Pharmaceuticals, Inc.* (Biotechnology) | 3,878 | 9,928 | ||||||
Riley Exploration Permian, Inc. (Oil, Gas & Consumable Fuels) | 56 | 1,501 | ||||||
Rimini Street, Inc.* (Software) | 1,014 | 5,222 | ||||||
Riot Blockchain, Inc.* (Software) | 2,017 | 32,151 | ||||||
Rite Aid Corp.* (Food & Staples Retailing) | 1,263 | 13,400 | ||||||
RLI Corp. (Insurance) | 908 | 95,140 | ||||||
RLJ Lodging Trust (Equity Real Estate Investment Trusts) | 3,755 | 52,007 | ||||||
Rocket Pharmaceuticals, Inc.* (Biotechnology) | 936 | 15,575 | ||||||
Rocky Brands, Inc. (Textiles, Apparel & Luxury Goods) | 156 | 6,674 | ||||||
Rogers Corp.* (Electronic Equipment, Instruments & Components) | 425 | 116,004 | ||||||
Romeo Power, Inc.* (Electrical Equipment) | 2,935 | 6,927 | ||||||
RPC, Inc.* (Energy Equipment & Services) | 1,533 | 9,060 | ||||||
RPT Realty (Equity Real Estate Investment Trusts) | 1,899 | 23,965 | ||||||
Rubius Therapeutics, Inc.* (Biotechnology) | 1,042 | 7,034 | ||||||
Rush Enterprises, Inc. - Class A (Trading Companies & Distributors) | 959 | 50,654 | ||||||
Rush Enterprises, Inc. - Class B (Trading Companies & Distributors) | 147 | 7,459 | ||||||
Rush Street Interactive, Inc.* (Hotels, Restaurants & Leisure) | 1,193 | 12,097 | ||||||
Ruth's Hospitality Group, Inc.* (Hotels, Restaurants & Leisure) | 749 | 15,002 | ||||||
RxSight, Inc.* (Health Care Equipment & Supplies) | 189 | 1,945 | ||||||
Ryerson Holding Corp. (Metals & Mining) | 373 | 7,647 | ||||||
Ryman Hospitality Properties, Inc.* - Class I (Equity Real Estate Investment Trusts) | 1,221 | 107,936 | ||||||
S&T Bancorp, Inc. (Banks) | 880 | 27,113 | ||||||
Sabra Health Care REIT, Inc. (Equity Real Estate Investment Trusts) | 5,184 | 70,554 | ||||||
Safe Bulkers, Inc.* (Marine) | 1,438 | 5,019 | ||||||
Safehold, Inc. (Equity Real Estate Investment Trusts) | 472 | 29,217 | ||||||
Safety Insurance Group, Inc. (Insurance) | 329 | 27,087 | ||||||
Saia, Inc.* (Road & Rail) | 601 | 170,853 | ||||||
Sailpoint Technologies Holding, Inc.* (Software) | 2,073 | 80,204 | ||||||
Sally Beauty Holdings, Inc.* (Specialty Retail) | 2,561 | 43,972 | ||||||
Sana Biotechnology, Inc.* (Biotechnology) | 1,957 | 17,143 | ||||||
Sanderson Farms, Inc. (Food Products) | 461 | 84,825 | ||||||
Sandy Spring Bancorp, Inc. (Banks) | 1,016 | 48,067 | ||||||
Sangamo Therapeutics, Inc.* (Biotechnology) | 2,692 | 16,233 | ||||||
Sanmina Corp.* (Electronic Equipment, Instruments & Components) | 1,442 | 54,536 | ||||||
Sapiens International Corp. N.V. (Software) | 700 | 22,288 | ||||||
Saul Centers, Inc. (Equity Real Estate Investment Trusts) | 269 | 13,283 | ||||||
ScanSource, Inc.* (Electronic Equipment, Instruments & Components) | 571 | 17,804 | ||||||
Schnitzer Steel Industries, Inc. - Class A (Metals & Mining) | 587 | 22,975 | ||||||
Scholar Rock Holding Corp.* (Biotechnology) | 641 | 11,416 | ||||||
Scholastic Corp. (Media) | 598 | 24,530 | ||||||
Schrodinger, Inc.* (Health Care Technology) | 1,029 | 29,172 | ||||||
Schweitzer-Mauduit International, Inc. (Paper & Forest Products) | 711 | 21,522 | ||||||
Scientific Games Corp.* (Hotels, Restaurants & Leisure) | 2,181 | 125,844 | ||||||
Scorpio Tankers, Inc. (Oil, Gas & Consumable Fuels) | 1,106 | 15,053 | ||||||
Sculptor Capital Management, Inc. (Capital Markets) | 503 | 9,859 | ||||||
Seacoast Banking Corp. of Florida (Banks) | 1,180 | 43,070 | ||||||
SeaSpine Holdings Corp.* (Health Care Equipment & Supplies) | 721 | 8,638 | ||||||
SeaWorld Entertainment, Inc.* (Hotels, Restaurants & Leisure) | 1,170 | 69,709 | ||||||
SecureWorks Corp.* - Class A (Software) | 227 | 3,348 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Seelos Therapeutics, Inc.* (Pharmaceuticals) | 2,229 | $ | 2,541 | |||||
Seer, Inc.* (Life Sciences Tools & Services) | 944 | 14,849 | ||||||
Select Energy Services, Inc.* (Energy Equipment & Services) | 1,412 | 9,418 | ||||||
Select Medical Holdings Corp. (Health Care Providers & Services) | 2,508 | 58,261 | ||||||
Selecta Biosciences, Inc.* (Biotechnology) | 2,089 | 5,223 | ||||||
Selective Insurance Group, Inc. (Insurance) | 1,349 | 106,435 | ||||||
Selectquote, Inc.* (Insurance) | 3,042 | 22,480 | ||||||
Semtech Corp.* (Semiconductors & Semiconductor Equipment) | 1,468 | 104,375 | ||||||
Seneca Foods Corp.* - Class A (Food Products) | 139 | 6,498 | ||||||
Sensei Biotherapeutics, Inc.* (Biotechnology) | 474 | 2,285 | ||||||
Senseonics Holdings, Inc.* (Health Care Equipment & Supplies) | 9,788 | 26,232 | ||||||
Sensient Technologies Corp. (Chemicals) | 958 | 81,181 | ||||||
Sera Prognostics, Inc.* - Class A (Biotechnology) | 103 | 695 | ||||||
Seres Therapeutics, Inc.* (Biotechnology) | 1,578 | 13,161 | ||||||
Seritage Growth Properties* - Class A (Equity Real Estate Investment Trusts) | 846 | 8,765 | ||||||
Service Properties Trust (Equity Real Estate Investment Trusts) | 3,721 | 31,815 | ||||||
ServisFirst Bancshares, Inc. (Banks) | 1,131 | 95,988 | ||||||
Sesen Bio, Inc.* (Biotechnology) | 4,565 | 3,382 | ||||||
SFL Corp., Ltd. (Oil, Gas & Consumable Fuels) | 2,815 | 23,083 | ||||||
Shake Shack, Inc.* - Class A (Hotels, Restaurants & Leisure) | 847 | 55,961 | ||||||
Sharps Compliance Corp.* (Health Care Providers & Services) | 421 | 2,842 | ||||||
Shattuck Labs, Inc.* (Biotechnology) | 604 | 4,174 | ||||||
Shenandoah Telecommunications Co. (Wireless Telecommunication Services) | 1,095 | 24,933 | ||||||
Shift Technologies, Inc.* (Specialty Retail) | 1,409 | 3,227 | ||||||
Shockwave Medical, Inc.* (Health Care Equipment & Supplies) | 766 | 111,046 | ||||||
Shoe Carnival, Inc. (Specialty Retail) | 401 | 13,698 | ||||||
ShotSpotter, Inc.* (Software) | 192 | 5,063 | ||||||
Shutterstock, Inc. (Internet & Direct Marketing Retail) | 531 | 51,491 | ||||||
SI-BONE, Inc.* (Health Care Equipment & Supplies) | 739 | 14,558 | ||||||
Sientra, Inc.* (Health Care Equipment & Supplies) | 1,318 | 3,704 | ||||||
Sierra Bancorp (Banks) | 319 | 8,463 | ||||||
SIGA Technologies, Inc.* (Pharmaceuticals) | 1,095 | 7,128 | ||||||
Sight Sciences, Inc.* (Health Care Equipment & Supplies) | 253 | 3,701 | ||||||
Sigilon Therapeutics, Inc.* (Biotechnology) | 345 | 673 | ||||||
Signet Jewelers, Ltd. (Specialty Retail) | 1,200 | 103,356 | ||||||
Silicon Laboratories, Inc.* (Semiconductors & Semiconductor Equipment) | 905 | 149,497 | ||||||
Silk Road Medical, Inc.* (Health Care Equipment & Supplies) | 779 | 25,559 | ||||||
Silverback Therapeutics, Inc.* (Biotechnology) | 465 | 2,265 | ||||||
Silvergate Capital Corp.* - Class A (Banks) | 625 | 67,338 | ||||||
Simmons First National Corp. - Class A (Banks) | 2,581 | 73,817 | ||||||
Simpson Manufacturing Co., Inc. (Building Products) | 989 | 111,549 | ||||||
Simulations Plus, Inc. (Health Care Technology) | 347 | 14,754 | ||||||
Sinclair Broadcast Group, Inc. - Class A (Media) | 1,043 | 28,662 | ||||||
Singular Genomics Systems, Inc.* (Life Sciences Tools & Services) | 273 | 2,116 | ||||||
SiriusPoint, Ltd.* (Insurance) | 2,009 | 17,016 | ||||||
SITE Centers Corp. (Equity Real Estate Investment Trusts) | 3,933 | 58,248 | ||||||
SiTime Corp.* (Semiconductors & Semiconductor Equipment) | 361 | 84,145 | ||||||
SJW Corp. (Water Utilities) | 628 | 43,244 | ||||||
Skyline Champion Corp.* (Household Durables) | 1,188 | 80,000 | ||||||
SkyWater Technology, Inc.* (Semiconductors & Semiconductor Equipment) | 183 | 1,835 | ||||||
SkyWest, Inc.* (Airlines) | 1,130 | 43,110 | ||||||
Sleep Number Corp.* (Specialty Retail) | 503 | 35,965 | ||||||
SM Energy Co. (Oil, Gas & Consumable Fuels) | 2,723 | 89,342 | ||||||
SMART Global Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 398 | 22,829 | ||||||
SmartFinancial, Inc. (Banks) | 314 | 8,418 | ||||||
Smith & Wesson Brands, Inc. (Leisure Products) | 1,088 | 18,583 | ||||||
Smith Micro Software, Inc.* (Software) | 1,043 | 4,360 | ||||||
Snap One Holdings Corp.* (Household Durables) | 306 | 5,756 | ||||||
SOC Telemed, Inc.* (Health Care Providers & Services) | 1,378 | 991 | ||||||
Society Pass, Inc.* (Interactive Media & Services) | 72 | 355 | ||||||
Solaris Oilfield Infrastructure, Inc. (Energy Equipment & Services) | 710 | 5,474 | ||||||
Solid Biosciences, Inc.* (Biotechnology) | 1,353 | 1,651 | ||||||
Solo Brands, Inc.* - Class A (Leisure Products) | 266 | 2,969 | ||||||
Sonic Automotive, Inc. - Class A (Specialty Retail) | 489 | 24,944 | ||||||
Sonos, Inc.* (Household Durables) | 2,727 | 68,775 | ||||||
Sorrento Therapeutics, Inc.* (Biotechnology) | 6,780 | 23,391 | ||||||
South Jersey Industries, Inc. (Gas Utilities) | 2,336 | 58,447 | ||||||
South Plains Financial, Inc. (Banks) | 238 | 6,885 | ||||||
Southern First Bancshares, Inc.* (Banks) | 169 | 9,903 | ||||||
Southern Missouri Bancorp, Inc. (Thrifts & Mortgage Finance) | 173 | 9,567 | ||||||
Southside Bancshares, Inc. (Banks) | 707 | 29,623 | ||||||
SouthState Corp. (Banks) | 1,585 | 133,791 | ||||||
Southwest Gas Holdings, Inc. (Gas Utilities) | 1,372 | 93,542 | ||||||
Southwestern Energy Co.* (Oil, Gas & Consumable Fuels) | 23,012 | 101,253 | ||||||
Sovos Brands, Inc.* (Food Products) | 584 | 8,567 | ||||||
SP Plus Corp.* (Commercial Services & Supplies) | 525 | 14,795 | ||||||
SpartanNash Co. (Food & Staples Retailing) | 813 | 19,975 | ||||||
Spectrum Pharmaceuticals, Inc.* (Biotechnology) | 3,706 | 2,599 | ||||||
Spero Therapeutics, Inc.* (Biotechnology) | 549 | 6,517 | ||||||
Spire, Inc. (Gas Utilities) | 1,149 | 75,742 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Spirit Airlines, Inc.* (Airlines) | 2,233 | $ | 47,943 | |||||
Spirit of Texas Bancshares, Inc. (Banks) | 291 | 8,101 | ||||||
Sportsman's Warehouse Holdings, Inc.* (Specialty Retail) | 988 | 10,828 | ||||||
SpringWorks Therapeutics, Inc.* (Biotechnology) | 660 | 36,749 | ||||||
Sprout Social, Inc.* - Class A (Software) | 1,024 | 70,502 | ||||||
Sprouts Farmers Market, Inc.* (Food & Staples Retailing) | 2,561 | 69,506 | ||||||
Spruce Biosciences, Inc.* (Biotechnology) | 197 | 500 | ||||||
SPS Commerce, Inc.* (Software) | 819 | 101,433 | ||||||
SPX Corp.* (Machinery) | 995 | 51,919 | ||||||
SPX FLOW, Inc. (Machinery) | 944 | 81,373 | ||||||
SQZ Biotechnologies Co.* (Biotechnology) | 517 | 4,146 | ||||||
STAAR Surgical Co.* (Health Care Equipment & Supplies) | 1,079 | 78,465 | ||||||
STAG Industrial, Inc. (Equity Real Estate Investment Trusts) | 4,006 | 171,177 | ||||||
Stagwell, Inc.* (Media) | 1,400 | 10,458 | ||||||
Standard Motor Products, Inc. (Auto Components) | 475 | 22,738 | ||||||
Standex International Corp. (Machinery) | 271 | 26,924 | ||||||
Startek, Inc.* (IT Services) | 382 | 1,944 | ||||||
State Auto Financial Corp. (Insurance) | 405 | 20,939 | ||||||
Steelcase, Inc. - Class A (Commercial Services & Supplies) | 1,974 | 24,359 | ||||||
Stem, Inc.* (Electrical Equipment) | 2,590 | 31,805 | ||||||
Stepan Co. (Chemicals) | 489 | 53,868 | ||||||
StepStone Group, Inc. - Class A (Capital Markets) | 918 | 32,139 | ||||||
Stereotaxis, Inc.* (Health Care Equipment & Supplies) | 1,126 | 6,204 | ||||||
Sterling Check Corp.* (Professional Services) | 376 | 7,524 | ||||||
Sterling Construction Co., Inc.* (Construction & Engineering) | 631 | 16,034 | ||||||
Steven Madden, Ltd. (Textiles, Apparel & Luxury Goods) | 1,829 | 75,245 | ||||||
Stewart Information Services Corp. (Insurance) | 604 | 43,144 | ||||||
Stitch Fix, Inc.* - Class A (Internet & Direct Marketing Retail) | 1,848 | 30,363 | ||||||
Stock Yards Bancorp, Inc. (Banks) | 547 | 32,590 | ||||||
Stoke Therapeutics, Inc.* (Biotechnology) | 433 | 8,205 | ||||||
StoneMor, Inc.* (Diversified Consumer Services) | 730 | 1,825 | ||||||
Stoneridge, Inc.* (Auto Components) | 592 | 11,171 | ||||||
StoneX Group, Inc.* (Capital Markets) | 381 | 24,997 | ||||||
Strategic Education, Inc. (Diversified Consumer Services) | 553 | 32,992 | ||||||
Stride, Inc.* (Diversified Consumer Services) | 941 | 33,001 | ||||||
Stronghold Digital Mining, Inc.* - Class A (Software) | 167 | 1,491 | ||||||
Sturm Ruger & Co., Inc. (Leisure Products) | 389 | 26,152 | ||||||
Summit Financial Group, Inc. (Banks) | 258 | 7,203 | ||||||
Summit Hotel Properties, Inc.* (Equity Real Estate Investment Trusts) | 2,355 | 22,184 | ||||||
Summit Materials, Inc.* - Class A (Construction Materials) | 2,695 | 95,834 | ||||||
Summit Therapeutics, Inc.* (Biotechnology) | 598 | 1,316 | ||||||
Sumo Logic, Inc.* (Software) | 1,990 | 23,701 | ||||||
Sun Country Airlines Holdings, Inc.* (Airlines) | 731 | 19,430 | ||||||
SunCoke Energy, Inc. (Metals & Mining) | 1,887 | 12,926 | ||||||
Sunnova Energy International, Inc.* (Independent Power and Renewable Electricity Producers) | 1,951 | 38,357 | ||||||
SunPower Corp.* (Semiconductors & Semiconductor Equipment) | 1,814 | 30,439 | ||||||
Sunstone Hotel Investors, Inc.* (Equity Real Estate Investment Trusts) | 4,938 | 55,849 | ||||||
Super Micro Computer, Inc.* (Technology Hardware, Storage & Peripherals) | 993 | 40,236 | ||||||
Superior Group of Cos., Inc. (Textiles, Apparel & Luxury Goods) | 266 | 5,434 | ||||||
Supernus Pharmaceuticals, Inc.* (Pharmaceuticals) | 1,114 | 34,367 | ||||||
Surface Oncology, Inc.* (Biotechnology) | 802 | 3,008 | ||||||
Surgery Partners, Inc.* (Health Care Providers & Services) | 771 | 32,899 | ||||||
Surmodics, Inc.* (Health Care Equipment & Supplies) | 307 | 14,024 | ||||||
Sutro BioPharma, Inc.* (Biotechnology) | 982 | 10,488 | ||||||
Synaptics, Inc.* (Semiconductors & Semiconductor Equipment) | 890 | 187,213 | ||||||
Syndax Pharmaceuticals, Inc.* (Biotechnology) | 1,020 | 16,667 | ||||||
Syros Pharmaceuticals, Inc.* (Biotechnology) | 1,307 | 2,588 | ||||||
Tabula Rasa HealthCare, Inc.* (Health Care Technology) | 510 | 5,503 | ||||||
Tactile Systems Technology, Inc.* (Health Care Equipment & Supplies) | 435 | 6,860 | ||||||
Talaris Therapeutics, Inc.* (Biotechnology) | 484 | 4,564 | ||||||
Talis Biomedical Corp.* (Health Care Equipment & Supplies) | 327 | 965 | ||||||
Talos Energy, Inc.* (Oil, Gas & Consumable Fuels) | 837 | 8,906 | ||||||
Tanger Factory Outlet Centers, Inc. (Equity Real Estate Investment Trusts) | 2,322 | 39,497 | ||||||
Target Hospitality Corp.* (Hotels, Restaurants & Leisure) | 566 | 1,873 | ||||||
Tarsus Pharmaceuticals, Inc.* (Pharmaceuticals) | 191 | 3,833 | ||||||
Tattooed Chef, Inc.* (Food Products) | 1,071 | 13,602 | ||||||
Taylor Morrison Home Corp.* (Household Durables) | 2,716 | 83,353 | ||||||
Taysha Gene Therapies, Inc.* (Biotechnology) | 512 | 4,070 | ||||||
TCR2 Therapeutics, Inc.* (Biotechnology) | 692 | 2,311 | ||||||
Team, Inc.* (Commercial Services & Supplies) | 599 | 427 | ||||||
TechTarget, Inc.* (Media) | 593 | 49,183 | ||||||
Teekay Corp.* (Oil, Gas & Consumable Fuels) | 1,576 | 4,886 | ||||||
Teekay Tankers, Ltd.* - Class A (Oil, Gas & Consumable Fuels) | 540 | 5,762 | ||||||
TEGNA, Inc. (Media) | 5,018 | 97,147 | ||||||
Tejon Ranch Co.* (Real Estate Management & Development) | 473 | 8,235 | ||||||
Telephone and Data Systems, Inc. (Wireless Telecommunication Services) | 2,294 | 45,421 | ||||||
Telesat Corp.* (Diversified Telecommunication Services) | 292 | 6,614 | ||||||
Tellurian, Inc.* (Oil, Gas & Consumable Fuels) | 8,380 | 21,034 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Telos Corp.* (Software) | 906 | $ | 10,591 | |||||
Tenable Holdings, Inc.* (Software) | 2,096 | 107,734 | ||||||
Tenaya Therapeutics, Inc.* (Biotechnology) | 316 | 3,767 | ||||||
Tenet Healthcare Corp.* (Health Care Providers & Services) | 2,413 | 178,851 | ||||||
Tennant Co. (Machinery) | 420 | 32,411 | ||||||
Tenneco, Inc.* (Auto Components) | 1,544 | 16,212 | ||||||
Terex Corp. (Machinery) | 1,553 | 64,791 | ||||||
Terns Pharmaceuticals, Inc.* (Pharmaceuticals) | 311 | 1,950 | ||||||
Terreno Realty Corp. (Equity Real Estate Investment Trusts) | 1,674 | 125,166 | ||||||
Tetra Tech, Inc. (Commercial Services & Supplies) | 1,224 | 170,369 | ||||||
TETRA Technologies, Inc.* (Energy Equipment & Services) | 2,781 | 8,148 | ||||||
Texas Capital Bancshares, Inc.* (Banks) | 1,150 | 72,105 | ||||||
Texas Roadhouse, Inc. (Hotels, Restaurants & Leisure) | 1,587 | 135,513 | ||||||
Textainer Group Holdings, Ltd. (Trading Companies & Distributors) | 1,070 | 39,355 | ||||||
TG Therapeutics, Inc.* (Biotechnology) | 2,942 | 34,039 | ||||||
The Andersons, Inc. (Food & Staples Retailing) | 714 | 27,203 | ||||||
The Bancorp, Inc.* (Banks) | 1,192 | 35,545 | ||||||
The Bank of Nt Butterfield & Son, Ltd. (Banks) | 1,139 | 41,744 | ||||||
The Brink's Co. (Commercial Services & Supplies) | 1,090 | 76,060 | ||||||
The Buckle, Inc. (Specialty Retail) | 676 | 25,445 | ||||||
The Cato Corp. - Class A (Specialty Retail) | 449 | 7,417 | ||||||
The Cheesecake Factory, Inc.* (Hotels, Restaurants & Leisure) | 1,046 | 37,321 | ||||||
The Children's Place, Inc.* (Specialty Retail) | 319 | 22,569 | ||||||
The Container Store Group, Inc.* (Specialty Retail) | 722 | 7,364 | ||||||
The E.W. Scripps Co.* - Class A (Media) | 1,301 | 26,671 | ||||||
The Ensign Group, Inc. (Health Care Providers & Services) | 1,190 | 89,762 | ||||||
The First Bancorp, Inc. (Banks) | 235 | 7,553 | ||||||
The GEO Group, Inc.* (Equity Real Estate Investment Trusts) | 2,674 | 17,996 | ||||||
The Goodyear Tire & Rubber Co.* (Auto Components) | 6,268 | 129,935 | ||||||
The Greenbrier Cos., Inc. (Machinery) | 724 | 29,221 | ||||||
The Hackett Group, Inc. (IT Services) | 557 | 10,661 | ||||||
The Joint Corp.* (Health Care Providers & Services) | 314 | 16,969 | ||||||
The Lovesac Co.* (Household Durables) | 289 | 15,563 | ||||||
The Macerich Co. (Equity Real Estate Investment Trusts) | 4,855 | 80,302 | ||||||
The Manitowoc Co., Inc.* (Machinery) | 779 | 14,217 | ||||||
The Marcus Corp.* (Entertainment) | 518 | 8,728 | ||||||
The ODP Corp.* (Specialty Retail) | 1,047 | 46,309 | ||||||
The Pennant Group, Inc.* (Health Care Providers & Services) | 582 | 9,673 | ||||||
The RealReal, Inc.* (Internet & Direct Marketing Retail) | 1,816 | 17,161 | ||||||
The RMR Group, Inc. - Class A (Real Estate Management & Development) | 346 | 11,075 | ||||||
The Shyft Group, Inc. (Machinery) | 786 | 32,965 | ||||||
The Simply Good Foods Co.* (Food Products) | 1,932 | 68,064 | ||||||
The St Joe Co. (Real Estate Management & Development) | 756 | 36,674 | ||||||
TherapeuticsMD, Inc.* (Pharmaceuticals) | 8,848 | 2,685 | ||||||
Theravance Biopharma, Inc.* (Pharmaceuticals) | 1,359 | 12,380 | ||||||
Thermon Group Holdings, Inc.* (Electrical Equipment) | 746 | 12,794 | ||||||
Theseus Pharmaceuticals, Inc.* (Pharmaceuticals) | 261 | 2,409 | ||||||
Third Coast Bancshares, Inc.* (Banks) | 80 | 1,918 | ||||||
Thorne HealthTech, Inc.* (Personal Products) | 152 | 818 | ||||||
Thryv Holdings, Inc.* (Media) | 175 | 5,675 | ||||||
Tidewater, Inc.* (Energy Equipment & Services) | 931 | 13,211 | ||||||
Tilly's, Inc. - Class A (Specialty Retail) | 514 | 6,775 | ||||||
TimkenSteel Corp.* (Metals & Mining) | 1,042 | 14,619 | ||||||
Tiptree, Inc. (Insurance) | 533 | 6,604 | ||||||
Titan International, Inc.* (Machinery) | 1,159 | 11,300 | ||||||
Titan Machinery, Inc.* (Trading Companies & Distributors) | 440 | 13,552 | ||||||
Tivity Health, Inc.* (Health Care Providers & Services) | 998 | 25,389 | ||||||
Tompkins Financial Corp. (Banks) | 321 | 25,539 | ||||||
Tonix Pharmaceuticals Holding Corp.* (Biotechnology) | 10,062 | 2,445 | ||||||
Tootsie Roll Industries, Inc. (Food Products) | 347 | 11,781 | ||||||
Torrid Holdings, Inc.* (Specialty Retail) | 289 | 2,659 | ||||||
TowneBank (Banks) | 1,524 | 47,823 | ||||||
TPG RE Finance Trust, Inc. - Class T (Mortgage Real Estate Investment Trusts) | 1,361 | 17,176 | ||||||
TPI Composites, Inc.* (Electrical Equipment) | 823 | 9,934 | ||||||
Traeger, Inc.* (Household Durables) | 512 | 5,217 | ||||||
Transcat, Inc.* (Trading Companies & Distributors) | 161 | 15,281 | ||||||
TransMedics Group, Inc.* (Health Care Equipment & Supplies) | 588 | 9,332 | ||||||
TravelCenters of America, Inc.* (Specialty Retail) | 283 | 12,899 | ||||||
Travere Therapeutics, Inc.* (Biotechnology) | 1,340 | 36,850 | ||||||
Treace Medical Concepts, Inc.* (Health Care Equipment & Supplies) | 683 | 12,390 | ||||||
Trean Insurance Group, Inc.* (Insurance) | 400 | 3,228 | ||||||
Tredegar Corp. (Chemicals) | 594 | 6,980 | ||||||
TreeHouse Foods, Inc.* (Food Products) | 1,179 | 45,663 | ||||||
Trevena, Inc.* (Biotechnology) | 3,711 | 2,017 | ||||||
Tri Pointe Homes, Inc.* (Household Durables) | 2,533 | 60,311 | ||||||
TriCo Bancshares (Banks) | 626 | 27,212 | ||||||
TriMas Corp. (Machinery) | 981 | 34,100 | ||||||
TriNet Group, Inc.* (Professional Services) | 920 | 78,384 | ||||||
Trinity Industries, Inc. (Machinery) | 1,753 | 50,364 | ||||||
Trinseo PLC (Chemicals) | 883 | 47,276 | ||||||
TriState Capital Holdings, Inc.* (Banks) | 657 | 20,755 | ||||||
Triton International, Ltd. (Trading Companies & Distributors) | 1,515 | 91,536 | ||||||
Triumph Bancorp, Inc.* (Banks) | 534 | 46,714 | ||||||
Triumph Group, Inc.* (Aerospace & Defense) | 1,446 | 26,346 | ||||||
Tronox Holdings PLC - Class A (Chemicals) | 2,598 | 58,975 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
TrueBlue, Inc.* (Professional Services) | 794 | $ | 21,120 | |||||
TrueCar, Inc.* (Interactive Media & Services) | 2,164 | 7,444 | ||||||
Trupanion, Inc.* (Insurance) | 867 | 82,582 | ||||||
TrustCo Bank Corp. (Thrifts & Mortgage Finance) | 429 | 14,543 | ||||||
Trustmark Corp. (Banks) | 1,411 | 45,970 | ||||||
TTEC Holdings, Inc. (IT Services) | 420 | 33,638 | ||||||
TTM Technologies, Inc.* (Electronic Equipment, Instruments & Components) | 2,367 | 31,860 | ||||||
Tucows, Inc.* (IT Services) | 221 | 17,459 | ||||||
Tupperware Brands Corp.* (Household Durables) | 1,106 | 17,055 | ||||||
Turning Point Brands, Inc. (Tobacco) | 330 | 11,626 | ||||||
Turning Point Therapeutics, Inc.* (Biotechnology) | 1,044 | 38,868 | ||||||
Turtle Beach Corp.* (Technology Hardware, Storage & Peripherals) | 345 | 7,010 | ||||||
Tutor Perini Corp.* (Construction & Engineering) | 936 | 11,138 | ||||||
Twist Bioscience Corp.* (Biotechnology) | 1,065 | 63,282 | ||||||
Two Harbors Investment Corp. (Mortgage Real Estate Investment Trusts) | 7,811 | 44,913 | ||||||
Tyra Biosciences, Inc.* (Biotechnology) | 276 | 3,618 | ||||||
U.S. Cellular Corp.* (Wireless Telecommunication Services) | 348 | 10,656 | ||||||
U.S. Ecology, Inc.* (Commercial Services & Supplies) | 712 | 20,349 | ||||||
U.S. Lime & Minerals, Inc. (Construction Materials) | 47 | 5,945 | ||||||
U.S. Physical Therapy, Inc. (Health Care Providers & Services) | 290 | 28,063 | ||||||
U.S. Silica Holdings, Inc.* (Energy Equipment & Services) | 1,671 | 15,958 | ||||||
Udemy, Inc.* (Diversified Consumer Services) | 315 | 5,103 | ||||||
UFP Industries, Inc. (Building Products) | 1,367 | 109,169 | ||||||
UFP Technologies, Inc.* (Containers & Packaging) | 157 | 11,141 | ||||||
Ultra Clean Holdings, Inc.* (Semiconductors & Semiconductor Equipment) | 1,008 | 50,823 | ||||||
UMB Financial Corp. (Banks) | 994 | 97,859 | ||||||
UMH Properties, Inc. (Equity Real Estate Investment Trusts) | 963 | 22,727 | ||||||
Unifi, Inc.* (Textiles, Apparel & Luxury Goods) | 317 | 6,026 | ||||||
UniFirst Corp. (Commercial Services & Supplies) | 342 | 65,011 | ||||||
Unisys Corp.* (IT Services) | 1,490 | 27,193 | ||||||
United Bankshares, Inc. (Banks) | 2,994 | 105,778 | ||||||
United Community Banks, Inc. (Banks) | 2,376 | 84,087 | ||||||
United Fire Group, Inc. (Insurance) | 477 | 11,896 | ||||||
United Insurance Holdings Corp. (Insurance) | 461 | 1,862 | ||||||
United Natural Foods, Inc.* (Food & Staples Retailing) | 1,267 | 49,134 | ||||||
Uniti Group, Inc. (Equity Real Estate Investment Trusts) | 4,467 | 53,872 | ||||||
Unitil Corp. (Multi-Utilities) | 354 | 16,617 | ||||||
Universal Corp. (Tobacco) | 549 | 29,882 | ||||||
Universal Electronics, Inc.* (Household Durables) | 288 | 10,221 | ||||||
Universal Health Realty Income Trust (Equity Real Estate Investment Trusts) | 291 | 16,965 | ||||||
Universal Insurance Holdings, Inc. (Insurance) | 615 | 10,603 | ||||||
Universal Logistics Holdings, Inc. (Road & Rail) | 174 | 2,963 | ||||||
Univest Financial Corp. (Banks) | 656 | 19,765 | ||||||
Upland Software, Inc.* (Software) | 656 | 12,858 | ||||||
Upwork, Inc.* (Professional Services) | 2,680 | 72,896 | ||||||
Uranium Energy Corp.* (Oil, Gas & Consumable Fuels) | 5,816 | 15,180 | ||||||
Urban Edge Properties (Equity Real Estate Investment Trusts) | 2,628 | 47,935 | ||||||
Urban Outfitters, Inc.* (Specialty Retail) | 1,556 | 44,688 | ||||||
Ur-Energy, Inc.* (Oil, Gas & Consumable Fuels) | 4,107 | 4,846 | ||||||
UroGen Pharma, Ltd.* (Biotechnology) | 443 | 3,420 | ||||||
Urstadt Biddle Properties, Inc. - Class A (Equity Real Estate Investment Trusts) | 675 | 13,291 | ||||||
US Xpress Enterprises, Inc.* - Class A (Road & Rail) | 607 | 2,738 | ||||||
USANA Health Sciences, Inc.* (Personal Products) | 271 | 25,902 | ||||||
Utah Medical Products, Inc. (Health Care Equipment & Supplies) | 78 | 7,337 | ||||||
Utz Brands, Inc. (Food Products) | 1,342 | 21,620 | ||||||
Valhi, Inc. (Chemicals) | 55 | 1,460 | ||||||
Valley National Bancorp (Banks) | 9,077 | 126,352 | ||||||
Value Line, Inc. (Capital Markets) | 22 | 1,298 | ||||||
Vanda Pharmaceuticals, Inc.* (Biotechnology) | 1,244 | 18,859 | ||||||
Vapotherm, Inc.* (Health Care Equipment & Supplies) | 514 | 8,311 | ||||||
Varex Imaging Corp.* (Health Care Equipment & Supplies) | 870 | 22,707 | ||||||
Varonis Systems, Inc.* (Software) | 2,422 | 90,244 | ||||||
Vaxart, Inc.* (Biotechnology) | 2,772 | 13,721 | ||||||
Vaxcyte, Inc.* (Pharmaceuticals) | 917 | 17,460 | ||||||
VBI Vaccines, Inc.* (Biotechnology) | 4,277 | 7,271 | ||||||
Vector Group, Ltd. (Tobacco) | 3,260 | 36,219 | ||||||
Vectrus, Inc.* (Aerospace & Defense) | 262 | 12,055 | ||||||
Veeco Instruments, Inc.* (Semiconductors & Semiconductor Equipment) | 1,130 | 31,064 | ||||||
Velocity Financial, Inc.* (Thrifts & Mortgage Finance) | 195 | 2,508 | ||||||
Velodyne Lidar, Inc.* (Electronic Equipment, Instruments & Components) | 1,715 | 6,706 | ||||||
Ventyx Biosciences, Inc.* (Pharmaceuticals) | 237 | 3,854 | ||||||
Vera Bradley, Inc.* (Textiles, Apparel & Luxury Goods) | 591 | 4,840 | ||||||
Vera Therapeutics, Inc.* (Biotechnology) | 225 | 4,484 | ||||||
Veracyte, Inc.* (Biotechnology) | 1,531 | 46,558 | ||||||
Verastem, Inc.* (Biotechnology) | 3,899 | 5,965 | ||||||
Vericel Corp.* (Biotechnology) | 1,055 | 37,537 | ||||||
Verint Systems, Inc.* (Software) | 1,462 | 75,044 | ||||||
Veris Residential, Inc.* (Equity Real Estate Investment Trusts) | 1,994 | 32,901 | ||||||
Veritex Holdings, Inc. (Banks) | 1,080 | 43,362 | ||||||
Veritiv Corp.* (Trading Companies & Distributors) | 326 | 30,344 | ||||||
Veritone, Inc.* (Software) | 644 | 10,156 | ||||||
Verra Mobility Corp.* - Class C (IT Services) | 3,267 | 51,749 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Verrica Pharmaceuticals, Inc.* (Pharmaceuticals) | 297 | $ | 2,432 | |||||
Verso Corp. - Class A (Paper & Forest Products) | 605 | 16,262 | ||||||
Veru, Inc.* (Personal Products) | 1,462 | 7,602 | ||||||
Verve Therapeutics, Inc.* (Biotechnology) | 357 | 10,289 | ||||||
Via Renewables, Inc. (Multi-Utilities) | 272 | 3,112 | ||||||
Viad Corp.* (Commercial Services & Supplies) | 459 | 17,291 | ||||||
Viant Technology, Inc.* - Class A (Software) | 263 | 2,101 | ||||||
Viavi Solutions, Inc.* (Communications Equipment) | 5,436 | 89,476 | ||||||
Vicor Corp.* (Electrical Equipment) | 479 | 45,184 | ||||||
Viemed Healthcare, Inc.* (Health Care Providers & Services) | 804 | 3,723 | ||||||
View, Inc.* (Building Products) | 3,155 | 8,298 | ||||||
ViewRay, Inc.* (Health Care Equipment & Supplies) | 3,138 | 13,650 | ||||||
Viking Therapeutics, Inc.* (Biotechnology) | 1,552 | 5,758 | ||||||
Village Super Market, Inc. - Class A (Food & Staples Retailing) | 193 | 4,410 | ||||||
Vincerx Pharma, Inc.* (Biotechnology) | 373 | 2,682 | ||||||
Vir Biotechnology, Inc.* (Biotechnology) | 1,364 | 46,826 | ||||||
Viracta Therapeutics, Inc.* (Biotechnology) | 823 | 2,206 | ||||||
VirnetX Holding Corp.* (Software) | 1,440 | 3,254 | ||||||
Virtus Investment Partners, Inc. (Capital Markets) | 166 | 43,439 | ||||||
Vishay Intertechnology, Inc. (Electronic Equipment, Instruments & Components) | 3,024 | 62,627 | ||||||
Vishay Precision Group, Inc.* (Electronic Equipment, Instruments & Components) | 282 | 9,032 | ||||||
Vista Outdoor, Inc.* (Leisure Products) | 1,305 | 50,347 | ||||||
VistaGen Therapeutics, Inc.* (Biotechnology) | 4,403 | 7,177 | ||||||
Visteon Corp.* (Auto Components) | 630 | 63,951 | ||||||
Vita Coco Co., Inc. (The)* (Beverages) | 250 | 2,728 | ||||||
Vital Farms, Inc.* (Food Products) | 558 | 9,224 | ||||||
Vivint Smart Home, Inc.* (Diversified Consumer Services) | 2,079 | 14,969 | ||||||
Vocera Communications, Inc.* (Health Care Technology) | 783 | 61,865 | ||||||
Vonage Holdings Corp.* (Software) | 5,486 | 114,328 | ||||||
Vor BioPharma, Inc.* (Biotechnology) | 431 | 3,556 | ||||||
VOXX International Corp.* (Auto Components) | 353 | 3,901 | ||||||
VSE Corp. (Commercial Services & Supplies) | 240 | 12,379 | ||||||
Vuzix Corp.* (Household Durables) | 1,330 | 8,685 | ||||||
W&T Offshore, Inc.* (Oil, Gas & Consumable Fuels) | 2,125 | 9,095 | ||||||
Wabash National Corp. (Machinery) | 1,122 | 22,014 | ||||||
Walker & Dunlop, Inc. (Thrifts & Mortgage Finance) | 664 | 87,920 | ||||||
Warrior Met Coal, Inc. (Metals & Mining) | 1,168 | 30,602 | ||||||
Washington Federal, Inc. (Thrifts & Mortgage Finance) | 1,474 | 51,619 | ||||||
Washington Real Estate Investment Trust (Equity Real Estate Investment Trusts) | 1,920 | 47,270 | ||||||
Washington Trust Bancorp, Inc. (Banks) | 389 | 22,204 | ||||||
Waterstone Financial, Inc. (Thrifts & Mortgage Finance) | 485 | 9,904 | ||||||
Watts Water Technologies, Inc. - Class A (Machinery) | 625 | 95,756 | ||||||
WaVe Life Sciences, Ltd.* (Pharmaceuticals) | 1,005 | 2,201 | ||||||
WD-40 Co. (Household Products) | 310 | 68,901 | ||||||
Weave Communications, Inc.* (Software) | 106 | 1,060 | ||||||
Weber, Inc. - Class A (Household Durables) | 404 | 4,379 | ||||||
Weis Markets, Inc. (Food & Staples Retailing) | 373 | 22,470 | ||||||
Welbilt, Inc.* (Machinery) | 2,968 | 70,490 | ||||||
Werewolf Therapeutics, Inc.* (Biotechnology) | 599 | 5,457 | ||||||
Werner Enterprises, Inc. (Road & Rail) | 1,401 | 62,471 | ||||||
WesBanco, Inc. (Banks) | 1,393 | 49,438 | ||||||
WESCO International, Inc.* (Trading Companies & Distributors) | 1,011 | 123,231 | ||||||
West Bancorp, Inc. (Banks) | 365 | 10,775 | ||||||
Westamerica Bancorp (Banks) | 591 | 34,325 | ||||||
Whitestone REIT (Equity Real Estate Investment Trusts) | 1,043 | 10,649 | ||||||
Whiting Petroleum Corp.* (Oil, Gas & Consumable Fuels) | 890 | 66,083 | ||||||
Whole Earth Brands, Inc.* (Food Products) | 848 | 8,039 | ||||||
WideOpenWest, Inc.* (Media) | 1,190 | 22,146 | ||||||
Willdan Group, Inc.* (Professional Services) | 253 | 7,959 | ||||||
Willis Lease Finance Corp.* (Trading Companies & Distributors) | 66 | 2,361 | ||||||
WillScot Mobile Mini Holdings Corp.* (Construction & Engineering) | 4,800 | 177,793 | ||||||
Wingstop, Inc. (Hotels, Restaurants & Leisure) | 676 | 103,597 | ||||||
Winmark Corp. (Specialty Retail) | 79 | 17,018 | ||||||
Winnebago Industries, Inc. (Automobiles) | 734 | 47,358 | ||||||
WisdomTree Investments, Inc. (Capital Markets) | 3,057 | 17,150 | ||||||
Wolverine World Wide, Inc. (Textiles, Apparel & Luxury Goods) | 1,846 | 48,901 | ||||||
Workhorse Group, Inc.* (Auto Components) | 2,740 | 9,261 | ||||||
Workiva, Inc.* (Software) | 972 | 114,969 | ||||||
World Acceptance Corp.* (Consumer Finance) | 98 | 18,520 | ||||||
World Fuel Services Corp. (Oil, Gas & Consumable Fuels) | 1,416 | 39,945 | ||||||
Worthington Industries, Inc. (Metals & Mining) | 750 | 40,635 | ||||||
WSFS Financial Corp. (Thrifts & Mortgage Finance) | 1,470 | 76,999 | ||||||
WW International, Inc.* (Diversified Consumer Services) | 1,192 | 15,019 | ||||||
XBiotech, Inc. (Biotechnology) | 342 | 3,683 | ||||||
Xencor, Inc.* (Biotechnology) | 1,283 | 44,097 | ||||||
Xenia Hotels & Resorts, Inc.* (Equity Real Estate Investment Trusts) | 2,585 | 44,824 | ||||||
Xilio Therapeutics, Inc.* (Biotechnology) | 168 | 2,286 | ||||||
XL Fleet Corp.* (Auto Components) | 793 | 1,697 | ||||||
XOMA Corp.* (Biotechnology) | 137 | 2,839 | ||||||
Xometry, Inc.* - Class A (Internet & Direct Marketing Retail) | 183 | 9,443 | ||||||
XPEL, Inc.* (Auto Components) | 407 | 25,381 | ||||||
Xperi Holding Corp. (Software) | 2,382 | 40,184 | ||||||
Xponential Fitness, Inc.* - Class A (Hotels, Restaurants & Leisure) | 209 | 3,649 | ||||||
Yellow Corp.* (Road & Rail) | 1,142 | 11,922 | ||||||
Yelp, Inc.* (Interactive Media & Services) | 1,624 | 56,093 |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Common Stocks, continued
Shares | Value | |||||||
Yext, Inc.* (Software) | 2,556 | $ | 20,704 | |||||
Y-mAbs Therapeutics, Inc.* (Biotechnology) | 793 | 7,843 | ||||||
York Water Co. (Water Utilities) | 296 | 13,444 | ||||||
Zentalis Pharmaceuticals, Inc.* (Biotechnology) | 828 | 47,262 | ||||||
Zevia PBC* - Class A (Beverages) | 233 | 1,864 | ||||||
Ziff Davis, Inc.* (Software) | 986 | 103,589 | ||||||
Zogenix, Inc.* (Pharmaceuticals) | 1,273 | 33,111 | ||||||
Zumiez, Inc.* (Specialty Retail) | 483 | 21,711 | ||||||
Zuora, Inc.* - Class A (Software) | 2,527 | 42,024 | ||||||
Zurn Water Solutions Corp. (Building Products) | 2,755 | 84,138 | ||||||
Zymergen, Inc.* (Chemicals) | 1,820 | 9,464 | ||||||
Zynex, Inc. (Health Care Equipment & Supplies) | 486 | 3,850 | ||||||
TOTAL COMMON STOCKS | ||||||||
(Cost $52,836,853) | 60,754,515 |
Trust (0.0%)
Interest Units | Value | |||||||
Ferroglobe Representation and Warranty Insurance*+ (Metals & Mining) | 1,320 | $ | — | |||||
TOTAL TRUST | ||||||||
(Cost $–) | – |
Repurchase Agreements(a)(b) (17.1%)
Principal Amount | Value | |||||||
Repurchase Agreements with various counterparties, 0.00%, dated 1/31/22, due 2/1/22, total to be received $12,804,000 | $ | 12,804,000 | $ | 12,804,000 | ||||
TOTAL REPURCHASE AGREEMENTS | ||||||||
(Cost $12,804,000) | 12,804,000 | |||||||
TOTAL INVESTMENT SECURITIES | ||||||||
(Cost $65,640,853) - 98.0% | 73,558,515 | |||||||
Net other assets (liabilities) - 2.0% | 1,527,146 | |||||||
NET ASSETS - 100.0% | $ | 75,085,661 |
* | Non-income producing security. |
+ | This security was fair valued based on procedures approved by the Board of Trustees. As of January 31, 2022, this security represented 0.000% of the net assets of the Fund. |
(a) | A portion of these securities were held in a segregated account for the benefit of swap counterparties in the event of default. As of January 31, 2022, the aggregate amount held in a segregated account was $12,804,000. |
(b) | The ProFund invests in Repurchase Agreements jointly with other funds in the Trust. See “Repurchase Agreements” under Note 2 in the Notes to the Financial Statements to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
Futures Contracts Purchased
Number of Contracts | Expiration Date | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
E-Mini Russell 2000 Index Futures Contracts | 25 | 3/21/22 | $ | 2,530,500 | $ | (230,734 | ) |
Total Return Swap Agreements — Long
Underlying Instrument | Counterparty | Termination Date(1) | Rate Paid (Received)(2) | Notional Amount | Value and Unrealized Appreciation/ (Depreciation) | |||||||||||
iShares Russell 2000 ETF | Goldman Sachs International | 2/28/22 | 0 .13 | % | $ | 7,647,246 | $ | 369,256 | ||||||||
Russell 2000 Index | Goldman Sachs International | 2/28/22 | 0 .48 | % | 24,878,939 | 1,156,189 | ||||||||||
$ | 32,526,185 | $ | 1,525,445 | |||||||||||||
iShares Russell 2000 ETF | UBS AG | 2/28/22 | (0 .12 | )% | $ | 21,447,881 | $ | 1,036,201 | ||||||||
Russell 2000 Index | UBS AG | 2/28/22 | 0 .08 | % | 32,599,220 | 1,563,159 | ||||||||||
$ | 54,047,101 | $ | 2,599,360 | |||||||||||||
$ | 86,573,286 | $ | 4,124,805 |
(1) | Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity. |
(2) | Reflects the floating financing rate, as of January 31, 2022, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation). |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
UltraSmall-Cap ProFund :: Schedule of Portfolio Investments :: January 31, 2022 (unaudited)
UltraSmall-Cap ProFund invested in the following industries as of January 31, 2022:
Value | % of Net Assets | |||||||
Aerospace & Defense | $ | 381,512 | 0.5 | % | ||||
Air Freight & Logistics | 215,343 | 0.3 | % | |||||
Airlines | 206,502 | 0.3 | % | |||||
Auto Components | 844,116 | 1.1 | % | |||||
Automobiles | 120,435 | 0.2 | % | |||||
Banks | 5,532,613 | 7.4 | % | |||||
Beverages | 250,650 | 0.3 | % | |||||
Biotechnology | 4,600,685 | 6.1 | % | |||||
Building Products | 789,500 | 1.1 | % | |||||
Capital Markets | 991,208 | 1.3 | % | |||||
Chemicals | 1,220,593 | 1.6 | % | |||||
Commercial Services & Supplies | 1,062,678 | 1.4 | % | |||||
Communications Equipment | 525,870 | 0.7 | % | |||||
Construction & Engineering | 954,682 | 1.3 | % | |||||
Construction Materials | 117,293 | 0.2 | % | |||||
Consumer Finance | 477,006 | 0.6 | % | |||||
Containers & Packaging | 149,941 | 0.2 | % | |||||
Distributors | 10,826 | NM | ||||||
Diversified Consumer Services | 447,434 | 0.6 | % | |||||
Diversified Financial Services | 91,147 | 0.1 | % | |||||
Diversified Telecommunication Services | 291,630 | 0.4 | % | |||||
Electric Utilities | 393,561 | 0.5 | % | |||||
Electrical Equipment | 575,310 | 0.8 | % | |||||
Electronic Equipment, Instruments & Components | 1,340,556 | 1.8 | % | |||||
Energy Equipment & Services | 604,625 | 0.8 | % | |||||
Entertainment | 392,745 | 0.5 | % | |||||
Equity Real Estate Investment Trusts | 4,113,746 | 5.5 | % | |||||
Food & Staples Retailing | 635,344 | 0.9 | % | |||||
Food Products | 625,512 | 0.8 | % | |||||
Gas Utilities | 588,152 | 0.8 | % | |||||
Health Care Equipment & Supplies | 1,896,501 | 2.5 | % | |||||
Health Care Providers & Services | 1,625,539 | 2.2 | % | |||||
Health Care Technology | 721,204 | 1.0 | % | |||||
Hotels, Restaurants & Leisure | 1,450,502 | 1.9 | % | |||||
Household Durables | 1,152,438 | 1.5 | % | |||||
Household Products | 181,144 | 0.2 | % | |||||
Independent Power and Renewable Electricity Producers | 195,608 | 0.3 | % | |||||
Insurance | 1,235,189 | 1.6 | % | |||||
Interactive Media & Services | 221,063 | 0.3 | % | |||||
Internet & Direct Marketing Retail | 305,302 | 0.4 | % | |||||
IT Services | 1,006,315 | 1.3 | % | |||||
Leisure Products | 372,867 | 0.5 | % | |||||
Life Sciences Tools & Services | 402,353 | 0.5 | % | |||||
Machinery | 2,289,115 | 3.1 | % | |||||
Marine | 133,438 | 0.2 | % | |||||
Media | 674,712 | 0.9 | % | |||||
Metals & Mining | 775,043 | 1.0 | % | |||||
Mortgage Real Estate Investment Trusts | 827,767 | 1.1 | % | |||||
Multiline Retail | 246,858 | 0.3 | % | |||||
Multi-Utilities | 259,230 | 0.4 | % | |||||
Oil, Gas & Consumable Fuels | 2,592,116 | 3.5 | % | |||||
Paper & Forest Products | 84,522 | 0.1 | % | |||||
Personal Products | 338,200 | 0.5 | % | |||||
Pharmaceuticals | 916,661 | 1.2 | % | |||||
Professional Services | 1,065,320 | 1.4 | % | |||||
Real Estate Management & Development | 538,502 | 0.7 | % | |||||
Road & Rail | 527,330 | 0.7 | % | |||||
Semiconductors & Semiconductor Equipment | 2,139,380 | 2.9 | % | |||||
Software | 3,394,712 | 4.5 | % | |||||
Specialty Retail | 1,456,237 | 1.9 | % | |||||
Technology Hardware, Storage & Peripherals | 167,866 | 0.2 | % | |||||
Textiles, Apparel & Luxury Goods | 433,289 | 0.6 | % | |||||
Thrifts & Mortgage Finance | 1,158,210 | 1.5 | % | |||||
Tobacco | 85,656 | 0.1 | % | |||||
Trading Companies & Distributors | 967,443 | 1.3 | % | |||||
Water Utilities | 267,938 | 0.4 | % | |||||
Wireless Telecommunication Services | 97,730 | 0.1 | % | |||||
Other ** | 14,331,146 | 19.1 | % | |||||
Total | $ | 75,085,661 | 100.0 | % |
** | Includes any non-equity securities and net other assets (liabilities), which includes any receivable for capital shares issued and payable for capital shares redeemed. |
NM | Not meaningful, amount is less than 0.05%. |
Additional financial disclosures are included in the notes to financial statements of the funds’ semiannual report and should be read in conjunction with this report.
(b) Not applicable.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11. Controls and Procedures.
(a) | The registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the registrant’s disclosure controls and procedures as conducted within 90 days of the filing date of this report, that those disclosure controls and procedures provide reasonable assurance that material information required to be disclosed by the registrant on this report is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act (17CFR 270.30a-3(d)) that occurred during the second fiscal quarter of the period covered by this report that have materially affected or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Exhibits.
(a)(1) Not applicable - only for annual reports.
(a)(2) Certifications pursuant to Rule 30a-2(a) are attached hereto.
(a)(3) Not applicable.
(a)(4) Not applicable.
(b) Certifications pursuant to Rule 30a-2(b) are furnished hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) | ProFunds |
By (Signature and Title)* | /s/ Christopher E. Sabato | |
Christopher E. Sabato, Treasurer and Principal Financial Officer |
Date | March 29, 2022 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* | /s/ Todd B. Johnson | |
Todd B. Johnson, President and Principal Executive Officer |
Date | March 29, 2022 |
By (Signature and Title)* | /s/ Christopher E. Sabato | |
Christopher E. Sabato, Treasurer and Principal Financial Officer |
Date | March 29, 2022 |
* Print the name and title of each signing officer under his or her signature.