TMFDirexion Daily 20+ Year Treasury Bull 3X Shares

Direxion Daily 20+ Year Treasury Bull 3X Shares is a leveraged fixed-income exchange-traded fund designed to deliver three times the daily performance of long-duration U.S. Treasury bonds. TMF seeks exposure to the ICE U.S. Treasury 20+ Year Bond Index through a combination of swaps, Treasury-related securities, and other instruments that help the fund maintain its amplified daily objective. The product is aimed at investors looking for tactical exposure to the long end of the U.S. government bond market, where prices are highly sensitive to changes in interest rates. As a Direxion ETF, it plays a specialized role in the market by offering a concentrated, short-term tool for expressing views on Treasury price movements rather than a traditional buy-and-hold bond allocation. The fund is part of Direxion’s leveraged fixed-income lineup and is used by market participants seeking magnified exposure to U.S. Treasury duration.