ProFunds NASDAQ-100 Fund
OTPSX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 7272 Wisconsin Avenue Bethesda MD United States of America 20814
- IPO Date
- Aug 7, 2000
- CIK
- 0001039803
- Website
- profunds.com
- Similar Companies
- Business
- ProFunds NASDAQ-100 Fund (Service Class) (OTPSX) is an open-end mutual fund managed by ProFund Advisors LLC that seeks daily investment results, before fees and expenses, corresponding to the performance of the Nasdaq-100 Index. The fund invests substantially all of its assets in financial instruments, including derivatives such as swap agreements, futures contracts, and options, that provide exposure to the index's 101 largest non-financial companies listed on the Nasdaq Stock Market, with heavy weighting in technology, communication services, and consumer cyclical sectors; it offers investor class (OTPIX) and service class shares with minimum investments of $15,000 for individuals and $5,000 for financial professionals, net expense ratios of 1.57% for investor class and 2.57% for service class, and no limits on exchanges. The fund targets institutional and retail investors seeking large growth equity exposure, operates primarily in the United States with a domicile in the U.S., and maintains total net assets of approximately $144 million as of recent reports. ProFunds, the fund sponsor founded in 1997 and headquartered in Bethesda, Maryland, provides a broad lineup of over 100 alternative mutual funds, including leveraged, inverse, and classic index products across market, sector, and non-equity benchmarks; it is affiliated with ProShares, a leader in exchange-traded funds. In September 2024, the fund underwent a 4:1 forward share split effective October 14, 2024, for both investor and service classes, applicable to shareholders of record as of October 11, 2024, to enhance trading accessibility without altering tickers or CUSIPs; additionally, a contractual fee waiver was implemented from December 1, 2024, through November 30, 2025, maintaining the net expense ratio. No recent acquisitions, funding rounds, partnerships, or new product launches specific to OTPSX were reported in the last 1-2 years.