LABD Distribution History & Yield

Direxion Daily S&P Biotech Bear 3X Shares · NYSEArca

ETF Trading--Inverse Equity Quarterly payer High yield
$6.45
+0.94% today
as of Sep 9, 2026
TTM yield
10.06%
$0.649/share over the last 12 months
Forward yield
4.65%
$0.30/share indicated annual rate
Annual distribution
$0.30
per share, forward
Per payment
$0.075
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-distribution date
Sep 22, 2026 Estimated
in 13 days
Next pay date
Oct 6, 2026
in 27 days
Last ex-distribution date
Jun 23, 2026
$0.075 per share
Expense ratio
1.07%
AUM 81.2M
Consistency
20/100
highly variable payouts
3y distribution CAGR
-45.9%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
8.5
since Mar 20, 2018
1y total return
-87.7%
price -88.8% + distributions 1.1%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 22, 2026 (in 13 days) Oct 6, 2026 $0.075 $7.50 Estimated
Tue, Dec 22, 2026 (in 104 days) Jan 5, 2027 $0.075 $7.50 Estimated
Tue, Mar 23, 2027 (in 195 days) Apr 6, 2027 $0.075 $7.50 Estimated
Tue, Jun 22, 2027 (in 286 days) Jul 6, 2027 $0.075 $7.50 Estimated

Estimated dates and amounts are projected from LABD's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $0.30 per share.

Distribution payment history

Last 24 payments per share. RegularSpecial

Last 24 payments per share from Mar 20, 2018 to Jun 23, 2026; most recent $0.075$0.00$25.00$50.00Mar 20, 2018: $8.00Mar '18Jun 19, 2018: $4.80Sep 25, 2018: $17.20Dec 27, 2018: $38.20 (special)Dec '18Mar 19, 2019: $11.20Jun 25, 2019: $17.40Sep 24, 2019: $11.80Sep '19Dec 23, 2019: $2.80Mar 24, 2020: $10.00 (special)Dec 20, 2022: $0.92Dec '22Mar 21, 2023: $2.18Jun 21, 2023: $1.00Sep 19, 2023: $1.92Sep '23Dec 21, 2023: $0.85Mar 19, 2024: $0.66Jun 25, 2024: $0.89Jun '24Sep 24, 2024: $0.58Dec 23, 2024: $1.26Mar 25, 2025: $0.55Mar '25Jun 24, 2025: $0.37Sep 23, 2025: $0.26Dec 23, 2025: $0.229Dec '25Mar 24, 2026: $0.085Jun 23, 2026: $0.075

Annual distributions per share

Annual dividend per share by calendar year, 2018 to 2026 (year to date)$0.00$25.00$50.002018: $30.00$30.0020182019: $43.20$43.2020192020: $0.0020202021: $0.0020212022: $0.92$0.9220222023: $5.95$5.9520232024: $3.39$3.3920242025: $1.409$1.40920252026 (YTD): $0.16$0.162026 YTD

How much LABD do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month4,000$25,800$1,200
$500 / month20,000$129,000$6,000
$1,000 / month40,000$258,000$12,000

Based on the forward yield of 4.65%. $10,000 in LABD would currently pay about $465 a year ($39 a month on average). Model reinvestment and growth →

LABD distribution history

Download CSV
Ex-datePay dateAmountChange
Jun 23, 2026 $0.075 -11.8%
Mar 24, 2026 $0.085 -62.9%
Dec 23, 2025 $0.229 -11.9%
Sep 23, 2025 $0.26 -29.7%
Jun 24, 2025 $0.37 -32.7%
Mar 25, 2025 $0.55 -56.3%
Dec 23, 2024 $1.26 +117.2%
Sep 24, 2024 $0.58 -34.8%
Jun 25, 2024 $0.89 +34.8%
Mar 19, 2024 $0.66 -22.4%
Dec 21, 2023 $0.85 -55.7%
Sep 19, 2023 $1.92 +92.0%
Jun 21, 2023 $1.00 -54.1%
Mar 21, 2023 $2.18 +137.0%
Dec 20, 2022 $0.92 -67.1%
Mar 24, 2020 $10.00 Special
Dec 23, 2019 $2.80 -76.3%
Sep 24, 2019 $11.80 -32.2%
Jun 25, 2019 $17.40 +55.4%
Mar 19, 2019 $11.20 -34.9%
Dec 27, 2018 $38.20 Special
Sep 25, 2018 $17.20 +258.3%
Jun 19, 2018 $4.80 -40.0%
Mar 20, 2018 $8.00

Payout risk check

Distribution stabilityElevated risk

LABD's last 12 distributions were highly variable (consistency score 20/100).

Its share price moved -88.8% over the past year.

A 10.1% yield paired with a falling share price is the classic sign of NAV erosion: part of each distribution may be a return of your own capital rather than income the fund earned, and the share price can keep grinding lower even while the headline yield looks attractive.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Direxion Daily S&P Biotech Bear 3X Shares

The fund, under normal circumstances, invests at least 80% of the fund’s net assets in financial instruments, including swap agreements, futures contracts, or short positions, that, in combination, provide 3X daily inverse (opposite) or short exposure to the index or to ETFs that track the index, consistent with the fund’s investment objective. The index is designed to measure the performance of the biotechnology sub-industry based on the GICS. The fund is non-diversified.

Fund family: Direxion Funds. Category: Trading--Inverse Equity. First distribution on our records: Mar 20, 2018. 24 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

LABD distribution FAQ

When is LABD's next ex-distribution date?

LABD's next ex-distribution date is Sep 22, 2026 (in 13 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.075 per share, expected on Oct 6, 2026.

How often does LABD pay distributions?

LABD pays distributions every quarter, 4 times a year. The most recent payment was $0.075 per share with an ex-date of Jun 23, 2026.

What is LABD's distribution yield?

LABD's trailing 12-month distribution yield is 10.06%, based on $0.649 per share paid over the last year and a share price of $6.45. The forward yield, using the indicated annual rate of $0.30 per share, is 4.65%.

How much does LABD pay per share?

LABD pays about $0.075 per share each quarter, which works out to roughly $0.30 per share a year. 100 shares would collect about $30.00 a year.

Has LABD grown or cut its distribution?

Over the last 3 years the regular payout changed -45.9% a year. There has been no cut to a regular payment in the last 5 years. As a fund, LABD's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of LABD do I need to earn $100 a month?

At the current forward yield of 4.65%, you would need about 4,000 shares of LABD (roughly $25,800 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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