BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today that it expects that none of its 112 equity and fixed income ETFs will pay a 2017 capital gain distribution.

“A key reason investors are attracted to ETFs is tax efficiency, so we are pleased to offer one of the most tax-efficient ETF line-ups in the industry,” said Michael L. Sapir, co-founder and CEO of ProShare Advisors LLC, the advisor to ProShares. “For the fourth year in a row, our management delivered zero capital gain distributions to the shareholders of all 112 of our equity and fixed income funds.”

Capital gain distribution estimates are subject to change. The distribution dates for fourth quarter income dividends are available at ProShares.com. Capital gain distribution and income amounts will vary from year to year. For specific tax advice, ProShares recommends that investors seek advice from a qualified professional.

About ProShares

ProShares has been at the forefront of the ETF revolution since 2006. ProShares now offers one of the largest lineups of ETFs, with more than $29 billion in assets. The company is the leader in strategies such as dividend growth, alternative and geared (leveraged and inverse). ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.