High Yield—Interest Rate Hedged - HYHG High Yield—Interest Rate Hedged

ProShares High Yield—Interest Rate Hedged seeks investment results, before fees and expenses, that track the performance of the Citi High Yield (Treasury Rate-Hedged) Index.

  • Offers a diversified portfolio of high yield bonds.
  • Seeks to mitigate the risk of rising rates through a built-in interest rate hedge using U.S. Treasury futures.
  • Targets a duration (interest rate sensitivity) of zero.

Fund Snapshot

Ticker HYHG
Intraday Ticker HYHG.IV
CUSIP 74348A541
Inception Date 5/21/13
Expense Ratio 0.50%
NAV Calculation Time 3:00 p.m. ET
Currency of Underlying Securities USD
Distributions Monthly

Fund SEC Yields as of 11/30/16 **

SEC 30-Day Yield 6.05%
SEC 30-Day Yield (Unsubsidized) 6.05%

Fund Characteristics as of 10/31/16 **

Distribution Yield 5.53%
12-Month Yield 5.63%
Weighted Average Yield to Maturity 6.61%
Effective Duration 0.21

Price Information as of 12/9/16 **

NAV $68.18
NAV Change $0.32
Market Price Closing $68.29
Market Price Closing Change $0.36
Daily Trading Volume 47,192

** The cost of the interest rate hedge (using Treasury futures) is reflected in the NAV, not in the yields.