Fund Evaluator:

ProFunds Bull Inv Overview

ProFunds Bull Inv (BLPIX) is a passively managed Miscellaneous Trading--Leveraged Equity fund. ProFunds launched the fund in 1997.

The investment seeks investment results, before fees and expenses, that correspond to the performance of the S&P 500® Index. The fund invests in financial instruments that the fund Advisors believes, in combination, should track the performance of the index. The index is a measure of large-cap U.S. stock market performance. The index is designed to measure the performance of 500 of the largest companies listed and domiciled in the U.S. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.

About ProFunds Bull Inv (BLPIX)

There are 2 members of the management team with an average tenure of 10.63 years: Michael Neches (2013), Devin Sullivan (2018). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. ProFunds Bull Inv has 519 securities in its portfolio. The top 10 holdings constitute 64.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

ProFunds Bull Inv is part of the Other global asset class and is within the Miscellaneous fund group. ProFunds Bull Inv has 0.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 108.1%. There is 0.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). ProFunds Bull Inv has -7.8% of the portfolio in cash.

Assets Under Management

The fund has $50 million in total assets, which is below the $74 million average for the Trading--Leveraged Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

BLPIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The ProFunds Bull Inv expense ratio is high compared to funds in the Trading--Leveraged Equity category. ProFunds Bull Inv has an expense ratio of 1.49%, which is 27% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. ProFunds Bull Inv has a portfolio turnover rate of 167%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 393% for the Trading--Leveraged Equity category.

Recently, in the month of August 2026, ProFunds Bull Inv returned 2.3%, which earned it a grade of C, as the Trading--Leveraged Equity category had an average return of 4.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

ProFunds Bull Inv has a trailing yield of 0.27%, which is below the 1.02% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

ProFunds Bull Inv Grades

Year to date, the fund has returned 11.5%, 10.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 17.9% over the past year (grade of D), 18.5% over the past three years (grade of D) and 10.5% per year over the past five years (grade of C) and 13.1% per year over the past 10 years (grade of C).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about ProFunds Bull Inv, including its riskiness, submit your email to unlock the rest of the article.