Is SAA a Friend, Question Mark or Foe?

SAA is classified a Question Mark under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the SAA distribution?

A Question Mark is an income asset with a mixed or incomplete quality record — some income-quality signals are strong while others are weak, or the available history is too short to classify with confidence. It warrants a closer look rather than a conclusion.

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Public snapshot

SAA Income Quality Score

Name: SAA Income Quality Score
Creator: Income Quality Score
Keywords: SAA income quality, SAA dividend quality, SAA dividend safety, SAA distribution history, SAA dividend score, SAA analysis, ProShares - Ultra SmallCap600 dividend

ProShares - Ultra SmallCap600 (SAA) has an Income Quality Score of 36/100, classified as a Question Mark with low confidence, based on a 10-year income and total-return history.

ProShares - Ultra SmallCap600 (SAA) is a closed-end fund and is part of the IQ Score universe.

July 2026 Snapshot · Delayed

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 4 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score Delayed

36/100

Question MarkLow confidence

Asset Type

CEF

Exchange

NYSE ARCA

Trailing Yield (TTM)

Not published

No normalized trailing yield is published for closed-end funds in this snapshot.

Rank in CEF Universe

315 of 358

Lookback

10-year

Data as of

June 30, 2026

How the IQ Score works →

This is a delayed public snapshot. It's intentionally frozen at release — this July 2026 snapshot won't change. Subscribers get SAA's current IQ Score and see the latest classification changes as they happen. The July 2026 snapshot is published as the public launch snapshot.

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SAAProShares - Ultra SmallCap600

36Question MarkLow confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: Closed-End Fund

IQ Score History

Not enough published history yet to draw a trend.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

0/100

Working Capital Preservation

79/100

Distribution Cut Score

70/100

Distribution Trend

46/100

What is working

Working capital preserved over time

What to watch

Distributions exceed long-term total return
1–2 years with a material annual distribution decline

Flags & gates

Yield Trap

Distribution Safety

7Years raised

1Years cut

15Years of data

CutCurrent trend

Lower confidence (3–4 years of history)

20073.1778Held
20080.2236Lower total
20090.0476Lower total
20100.0098Lower total
20110.0043Held
20120.0275Raised
20160.1117Raised
20180.2093Raised
20190.3828Raised
20200.0318Lower total
20220.0955Raised
20230.2188Raised
20240.3523Raised
20250.2706Cut
20260.0727Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.