HYHG invests in a portfolio of high-yield corporate bonds, while seeking to hedge against the potential negative impact of rising interest rates.
HYHG
High Yield - Interest Rate Hedged
Why HYHG?
High Yield Bond Returns
HYHG targets the returns of a diversified portfolio of high yield corporate bonds.
Hedge Against Rising Rates
HYHG provides corporate bond exposure with a built-in hedge against rising rates, utilizing short positions in U.S. Treasury futures.
Lower Rate Sensitivity
By targeting a duration of zero, HYHG seeks to have almost no sensitivity to rising rates, unlike other short-term bond funds.
View fund details
Documents & Downloads
ETF & Index
Prospectus & Regulatory
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 8/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 1.12% | 1.66% | 4.77% | 4.80% | 7.12% | 8.82% | 7.13% | 5.86% | 4.27% | 05/21/2013 |
| HYHG Market Price | 0.58% | 1.53% | 4.53% | 4.67% | 6.95% | 8.73% | 7.09% | 5.82% | 4.27% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.25% | 1.63% | 4.94% | 5.25% | 7.57% | 9.20% | 7.57% | 6.35% | 4.96% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.18% | 2.99% | 3.28% | 3.28% | 6.79% | 9.15% | 6.88% | 6.24% | 4.21% | 05/21/2013 |
| HYHG Market Price | 0.45% | 3.54% | 3.55% | 3.55% | 7.16% | 9.10% | 6.93% | 6.24% | 4.24% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.19% | 3.29% | 3.76% | 3.76% | 7.42% | 9.54% | 7.34% | 6.74% | 4.91% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Net Assets $282,050,990
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 8/31/2026- Number of Holdings 253
- Weighted Average Yield to
Maturity7.47% - Net Effective Duration -0.07633
Price
as of 9/30/2026- NAV
- NAV Change
- Market Price $63.84
- Market Price Change $-0.20
- Trading Volume (M) 20,721
- 30-Day Median Bid Ask Spread 0.43%
- View Premium / Discount
Distributions
as of 8/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.85%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Yield 6.66%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Net Assets $282,050,990
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 8/31/2026- Number of Holdings 253
- Weighted Average Yield to
Maturity7.47% - Net Effective Duration -0.07633
Price
as of 9/30/2026- NAV
- NAV Change
- Market Price $63.84
- Market Price Change $-0.20
- Trading Volume (M) 20,721
- 30-Day Median Bid Ask Spread 0.43%
- View Premium / Discount
Distributions
as of 8/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.85%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Yield 6.66%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Holdings
as of 9/30/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.53% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $4,297,654.89 | 4,149,000 | BS9G792 |
| 1.40% | -- | MERIDIAN ARC HOLDCO LLC | 6.25% | 04/30/2031 | -- | $3,930,541.05 | 4,244,000 | BX54MW3 |
| 1.36% | -- | CLOUD SOFTWARE GRP LLC | 6.50% | 03/31/2029 | -- | $3,808,926.02 | 3,906,000 | BN2QTP4 |
| 1.25% | -- | FLASH COMPUTE LLC | 7.25% | 12/31/2030 | -- | $3,505,855.26 | 3,537,000 | BTBKSX0 |
| 1.07% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $2,994,248.18 | 2,966,000 | BQKN5B6 |
| 1.03% | -- | PR RNO PROPERTY OWNER 1 | 6.50% | 05/01/2031 | -- | $2,877,633.34 | 3,179,000 | BVV7TN2 |
| 1.00% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,810,690.19 | 2,885,000 | BPH26F0 |
| 1.00% | -- | GALAXY HELIOS DATA CNTR | 9.88% | 08/01/2031 | -- | $2,797,811.58 | 2,929,000 | BTXVRF6 |
| 0.96% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,702,299.94 | 2,898,000 | BNBV5N0 |
| 0.96% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $2,700,274.25 | 2,769,000 | BV4K8M0 |
| 0.96% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $2,696,170.45 | 2,727,000 | BPW9BQ2 |
| 0.94% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $2,650,103.83 | 2,826,000 | BTGTPC0 |
| 0.92% | -- | UNIVISION COMMUNICATIONS | 8.88% | 04/15/2033 | -- | $2,580,066.02 | 2,728,000 | BTWQYH3 |
| 0.92% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $2,576,749.73 | 2,636,000 | BMXG8Y8 |
| 0.90% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,529,771.97 | 2,359,000 | BR54DP1 |
| 0.84% | -- | CORE SCIENTIFIC FINANCE | 7.75% | 05/15/2031 | -- | $2,362,925.97 | 2,447,000 | BTXZ1D4 |
| 0.83% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $2,334,992.48 | 2,262,000 | BRXZ215 |
| 0.81% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $2,285,120.00 | 2,265,000 | BMCGQM3 |
| 0.81% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $2,275,432.43 | 2,222,000 | BRK4301 |
| 0.79% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $2,212,978.04 | 2,216,000 | BNM6H94 |
| 0.79% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $2,208,349.40 | 2,205,000 | BSML716 |
| 0.77% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $2,173,670.80 | 2,211,000 | BQMJ1N6 |
| 0.77% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $2,161,073.19 | 2,409,000 | BVPVMW0 |
| 0.73% | -- | CLOUD SOFTWARE GRP LLC | 9.00% | 09/30/2029 | -- | $2,049,268.52 | 2,073,000 | BRJQLF9 |
| 0.73% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $2,043,179.02 | 2,123,000 | BVDKGM7 |
| 0.72% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $2,011,462.34 | 2,111,000 | BS2FMQ8 |
| 0.70% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $1,965,079.15 | 2,014,000 | BW5TCD2 |
| 0.67% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $1,886,577.51 | 1,930,000 | BNRNCC8 |
| 0.67% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $1,882,450.35 | 1,965,000 | BSHX319 |
| 0.67% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,869,723.62 | 1,864,000 | BRSF6F2 |
| 0.66% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,860,655.08 | 1,858,000 | BQ67HZ0 |
| 0.66% | -- | OAK-EAGLE ACQUIRECO INC | 8.75% | 07/01/2034 | -- | $1,843,321.70 | 1,805,000 | BTNKNF5 |
| 0.65% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,828,513.38 | 1,898,000 | BS2FZM5 |
| 0.65% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,812,650.69 | 1,939,000 | BVF9138 |
| 0.64% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $1,808,552.58 | 1,944,353 | BT68Y19 |
| 0.64% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $1,804,366.59 | 1,792,000 | BV5GRS6 |
| 0.62% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,733,938.39 | 1,817,000 | BS89C64 |
| 0.61% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,715,806.44 | 1,716,000 | BSTKQX1 |
| 0.60% | -- | OAK-EAGLE ACQUIRECO INC | 7.25% | 07/01/2033 | -- | $1,690,340.36 | 1,681,000 | BTNKKK9 |
| 0.60% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,688,348.56 | 1,825,000 | BSHT8Y5 |
| 0.60% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $1,676,926.61 | 1,810,000 | BVBFJY7 |
| 0.59% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,664,757.17 | 1,716,000 | BMWDGR9 |
| 0.59% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,644,341.95 | 1,559,000 | BQ80PR5 |
| 0.58% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,619,559.65 | 1,726,000 | BNTZ4D7 |
| 0.57% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $1,591,920.18 | 1,789,000 | BVBCQJ2 |
| 0.57% | -- | CCO HLDGS LLC/CAP CORP | 7.00% | 02/01/2033 | -- | $1,589,066.38 | 1,728,000 | BVPC4H2 |
| 0.56% | -- | TALEN ENERGY SUPPLY LLC | 6.38% | 05/01/2033 | -- | $1,573,942.55 | 1,658,000 | BRXP9Z8 |
| 0.56% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $1,564,111.60 | 1,627,000 | BSNZ6B0 |
| 0.56% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $1,560,113.13 | 1,559,000 | BVBCQP8 |
| 0.56% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,557,799.77 | 1,499,000 | BRQPKY1 |
| 0.55% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $1,539,576.54 | 1,566,000 | BS6S7M4 |
| 0.55% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $1,529,623.70 | 1,522,000 | BQKRVC1 |
| 0.54% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,525,824.09 | 1,466,000 | BVMR221 |
| 0.54% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $1,520,637.10 | 1,609,000 | BS88ZW8 |
| 0.53% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $1,491,437.96 | 1,595,000 | BR113M3 |
| 0.53% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $1,473,108.30 | 1,492,000 | BPK4TG5 |
| 0.52% | -- | SWORD PURCHASER LLC | 8.25% | 04/15/2033 | -- | $1,466,139.78 | 1,448,000 | BWFJMB0 |
| 0.52% | -- | QXO BUILDING PRODUCTS | 6.88% | 07/15/2034 | -- | $1,459,671.61 | 1,518,000 | BXM7DH7 |
| 0.52% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $1,455,302.91 | 1,576,000 | BT3F8Q6 |
| 0.52% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,451,140.77 | 1,521,000 | BN7SNC0 |
| 0.51% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $1,440,834.21 | 1,452,000 | BVK6BT0 |
| 0.51% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $1,423,918.25 | 1,413,000 | BQ2KRF3 |
| 0.50% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $1,412,856.89 | 1,351,000 | BRCDDH3 |
| 0.50% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $1,411,141.84 | 1,450,000 | BPH25H5 |
| 0.49% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $1,382,802.00 | 1,463,000 | BQT2NG5 |
| 0.49% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $1,374,653.81 | 1,385,000 | BQ1PCD2 |
| 0.49% | -- | ZENITH ARC LLC | 8.88% | 08/31/2031 | -- | $1,365,952.06 | 1,501,000 | C050FC0 |
| 0.48% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $1,343,981.70 | 1,409,000 | BM9YJB0 |
| 0.48% | -- | CELANESE US HOLDINGS LLC | 7.70% | 11/15/2033 | -- | $1,342,286.58 | 1,299,000 | BRBDWD3 |
| 0.48% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $1,338,933.75 | 1,500,000 | BVK50T0 |
| 0.46% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $1,301,618.76 | 1,649,000 | BRXCZB7 |
| 0.46% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $1,300,245.75 | 1,350,000 | BTG0PS9 |
| 0.46% | -- | CARRIX INC | 6.13% | 08/01/2033 | -- | $1,285,802.87 | 1,339,000 | BX3BY53 |
| 0.46% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $1,284,960.69 | 1,486,000 | BNNPV76 |
| 0.46% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $1,277,936.68 | 1,299,000 | BQTWXH6 |
| 0.45% | -- | GAINWELL ACQUISITION COR | 9.00% | 09/01/2031 | -- | $1,261,734.15 | 1,234,000 | C04SD98 |
| 0.44% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $1,229,800.63 | 1,227,000 | BTJS1V5 |
| 0.44% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $1,225,080.28 | 1,497,000 | BM94BT2 |
| 0.43% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $1,217,824.39 | 1,258,000 | BP4YGK4 |
| 0.43% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $1,206,278.12 | 1,531,000 | BV2JDH9 |
| 0.43% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $1,204,176.79 | 1,271,000 | BTXQV60 |
| 0.43% | -- | SABRE GLBL INC | 11.13% | 07/15/2030 | -- | $1,196,565.60 | 1,264,000 | BS6RJF8 |
| 0.42% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $1,188,034.53 | 1,227,000 | BVCHTT7 |
| 0.42% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $1,187,671.47 | 1,147,000 | BVK4MV3 |
| 0.42% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $1,172,314.23 | 1,222,000 | BMCGQ56 |
| 0.42% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $1,166,837.82 | 1,203,000 | BSJQ190 |
| 0.41% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $1,164,040.21 | 1,141,000 | BTCK903 |
| 0.41% | -- | COREWEAVE INC | 9.75% | 10/01/2031 | -- | $1,156,199.08 | 1,318,000 | BWM2ZQ8 |
| 0.41% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $1,155,650.00 | 1,594,000 | BM93J39 |
| 0.41% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $1,154,418.08 | 1,198,000 | BTTRMX1 |
| 0.41% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $1,146,085.84 | 1,216,000 | BQ689G8 |
| 0.41% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $1,143,233.72 | 1,109,000 | BTWWV25 |
| 0.41% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $1,139,625.00 | 1,178,000 | BQ2KRD1 |
| 0.40% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $1,129,207.99 | 1,161,000 | BVYL9V9 |
| 0.39% | -- | CORELOGIC INC | 9.00% | 08/01/2031 | -- | $1,092,885.05 | 1,148,000 | BVMGQR1 |
| 0.39% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $1,085,550.27 | 1,387,000 | BTZRRR4 |
| 0.38% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $1,057,278.53 | 1,108,000 | BW46M90 |
| 0.38% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $1,054,330.76 | 1,076,000 | BTCCGD1 |
| 0.37% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,049,210.52 | 1,073,000 | BV6KVR4 |
| 0.37% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $1,044,353.32 | 1,108,000 | BMZBL86 |
| 0.37% | -- | EQUIPMENTSHARE.COM INC | 7.13% | 07/01/2034 | -- | $1,029,411.92 | 1,095,000 | BXCCGK6 |
| 0.37% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $1,029,234.44 | 1,010,000 | BPSN522 |
| 0.37% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $1,024,136.00 | 996,000 | BLDCTF7 |
| 0.36% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $1,022,240.26 | 1,071,000 | BPLPFQ9 |
| 0.36% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $1,022,205.92 | 1,011,000 | BMGDND0 |
| 0.36% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,009,337.52 | 1,038,000 | BM8K6S5 |
| 0.36% | -- | TALEN ENERGY SUPPLY LLC | 6.13% | 05/01/2031 | -- | $1,008,155.93 | 1,039,000 | BRXPB07 |
| 0.36% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $998,117.67 | 985,000 | BPG27W5 |
| 0.35% | -- | TRANSDIGM INC CALLABLE NOTES FIXED 6.75% 31/JAN/2035 USD 1000 | -- | -- | -- | $990,950.00 | 1,000,000 | -- |
| 0.35% | -- | IQVIA INC CALLABLE NOTES FIXED 6.375% 15/MAR/2034 USD 1000 | -- | -- | -- | $982,060.00 | 1,000,000 | -- |
| 0.35% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $979,030.54 | 1,079,000 | BTFHSL5 |
| 0.35% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $975,894.85 | 991,000 | BSVLRC8 |
| 0.35% | -- | TENET HEALTHCARE CORP CALLABLE NOTES FIXED 6.25% 15/SEP/2034 USD 1000 | -- | -- | -- | $972,590.00 | 1,000,000 | -- |
| 0.35% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $971,689.15 | 967,000 | BP946X2 |
| 0.35% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $970,773.01 | 1,003,000 | BT9NKJ1 |
| 0.35% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $970,708.33 | 978,000 | BMVXP51 |
| 0.35% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $970,014.15 | 945,000 | BVK4BV6 |
| 0.35% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $968,649.65 | 1,034,000 | BTJYMV0 |
| 0.34% | -- | EDGED COMPUTE LLC | 7.50% | 04/30/2031 | -- | $964,745.97 | 1,056,000 | BT7J9Z0 |
| 0.34% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $959,963.04 | 944,000 | BR55K64 |
| 0.34% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $955,633.94 | 1,007,000 | BVMS268 |
| 0.34% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $953,724.90 | 993,000 | BMVXP62 |
| 0.34% | -- | ALCOA NEDERLAND HOLDING BV CALLABLE NOTES FIXED 6.875% 30/SEP/2036 USD 1000 | -- | -- | -- | $947,078.64 | 974,000 | -- |
| 0.33% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $934,954.63 | 907,000 | BV3PLR2 |
| 0.33% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $932,291.24 | 926,000 | BP488V1 |
| 0.33% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $929,943.76 | 962,000 | BT7JWZ1 |
| 0.33% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $916,985.52 | 929,000 | BT7HYL5 |
| 0.33% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2035 | -- | $916,193.00 | 963,000 | BWMT9W3 |
| 0.32% | -- | VIKING BAKED GOODS ACQUI | 8.63% | 11/01/2031 | -- | $908,540.47 | 934,000 | BTBLGB7 |
| 0.32% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $898,980.71 | 934,000 | BQ68CL4 |
| 0.32% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $894,312.92 | 857,000 | BP2F579 |
| 0.32% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $892,719.74 | 949,000 | BQT3JM6 |
| 0.32% | -- | KENNEDY-WILSON INC | 7.25% | 06/01/2033 | -- | $888,074.43 | 906,000 | BWW4KJ2 |
| 0.32% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $885,106.66 | 901,000 | BNZG7Q8 |
| 0.31% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $879,487.17 | 877,000 | BRBCTZ1 |
| 0.31% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $867,878.46 | 854,000 | BR53N25 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $855,720.93 | 896,000 | BLDCF37 |
| 0.30% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $855,582.07 | 873,000 | BRS7WN8 |
| 0.30% | -- | SOLARIS ENERGY INFRASTRU | 6.38% | 05/15/2031 | -- | $851,220.33 | 874,000 | BSNN9Q0 |
| 0.30% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $848,513.55 | 851,000 | BMXHQ92 |
| 0.30% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $845,603.13 | 836,000 | BT3FDQ1 |
| 0.30% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $845,481.65 | 845,000 | BQ9D885 |
| 0.30% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $844,112.50 | 877,000 | BRBVMG0 |
| 0.30% | -- | SIRIUS XM RADIO LLC | 5.88% | 04/15/2032 | -- | $830,232.06 | 883,000 | BWTX0F8 |
| 0.29% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $816,854.47 | 790,000 | BMCMQL0 |
| 0.29% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $808,660.07 | 895,000 | BSSBTZ8 |
| 0.29% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $805,139.09 | 1,739,000 | BRBCV11 |
| 0.28% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $792,828.36 | 799,000 | BNDQTF3 |
| 0.28% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $790,640.53 | 811,000 | BTTRLD4 |
| 0.28% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $788,263.36 | 838,000 | BVBG0S1 |
| 0.28% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $788,137.91 | 805,000 | BQXJKM7 |
| 0.27% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $762,913.72 | 785,000 | BP092B6 |
| 0.27% | -- | GAIA PURCHASER INC | 7.63% | 07/15/2033 | -- | $759,347.47 | 787,000 | BNVVW17 |
| 0.27% | -- | CLEVELAND-CLIFFS INC | 7.63% | 01/15/2034 | -- | $753,270.85 | 767,000 | BVZMLD7 |
| 0.26% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $742,649.39 | 759,000 | BVDKGL6 |
| 0.26% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $739,874.03 | 790,000 | BV4FWX4 |
| 0.26% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $735,873.87 | 728,000 | BMZMHS1 |
| 0.26% | -- | WHIRLPOOL CORP | 7.88% | 07/01/2034 | -- | $733,480.34 | 808,000 | BX59HP6 |
| 0.26% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $728,405.88 | 732,000 | BMW2FL3 |
| 0.26% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $728,004.32 | 734,000 | BVMSGF5 |
| 0.26% | -- | POST HOLDINGS INC | 6.25% | 10/15/2034 | -- | $718,807.19 | 792,000 | BL54JH3 |
| 0.26% | -- | ARC FALCON I INC/ARCL/HO | 9.75% | 03/01/2033 | -- | $715,589.74 | 727,000 | BW47TN6 |
| 0.26% | -- | PHOTO HOLDINGS LLC | 12.00% | 07/01/2031 | -- | $715,448.93 | 712,000 | BX59CN9 |
| 0.25% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $705,442.69 | 711,000 | BNKBFF3 |
| 0.25% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $701,438.56 | 687,000 | BPK4CP5 |
| 0.25% | -- | GOODYEAR TIRE & RUBBER | 8.88% | 07/15/2032 | -- | $700,800.40 | 737,000 | BV4HGL6 |
| 0.25% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $692,598.57 | 706,000 | BQB7JV5 |
| 0.25% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $690,054.14 | 705,000 | BPP2DX9 |
| 0.25% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $689,477.31 | 735,000 | BP4Z8H8 |
| 0.25% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $687,602.63 | 697,000 | BRK14M1 |
| 0.24% | -- | CCO HLDGS LLC/CAP CORP | 6.38% | 09/01/2029 | -- | $686,572.60 | 700,000 | BN4JB66 |
| 0.24% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $679,651.93 | 673,000 | BNRPV83 |
| 0.24% | -- | WHIRLPOOL CORP | 7.50% | 07/01/2031 | -- | $676,779.79 | 714,000 | BX52G92 |
| 0.24% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $672,825.12 | 671,000 | BR2NN28 |
| 0.24% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $672,650.75 | 695,000 | BTPH0K8 |
| 0.24% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $671,701.32 | 703,000 | BMH29D8 |
| 0.24% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $671,136.23 | 683,000 | BPX27Q2 |
| 0.24% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $663,219.59 | 699,000 | BPLFC68 |
| 0.23% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $658,134.71 | 709,000 | BVBFJZ8 |
| 0.23% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $657,127.98 | 652,000 | BM8SW92 |
| 0.23% | -- | CSDC FINANCE I LLC CALLABLE NOTES FIXED 7.875% 01/OCT/2031 USD 1000 | -- | -- | -- | $655,500.48 | 661,000 | -- |
| 0.23% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $653,240.90 | 650,000 | BSKP420 |
| 0.23% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $648,690.11 | 636,000 | BP092P0 |
| 0.23% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $646,690.27 | 682,000 | BMF9C65 |
| 0.23% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $646,110.67 | 634,000 | BMC94W8 |
| 0.23% | -- | AECOM | 6.00% | 08/01/2033 | -- | $645,660.08 | 679,000 | BV2CGD5 |
| 0.23% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $645,580.00 | 676,000 | BR1FF63 |
| 0.23% | -- | HARVEST MIDSTREAM I LP | 6.75% | 05/15/2034 | -- | $633,183.02 | 651,000 | BV3N5X0 |
| 0.22% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $626,255.57 | 620,000 | BPLL6H5 |
| 0.22% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $619,897.20 | 600,000 | BPBRSM2 |
| 0.22% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $612,974.75 | 629,000 | BVF9246 |
| 0.22% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $605,398.21 | 671,000 | BN49RB3 |
| 0.22% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $603,900.69 | 628,000 | BVMDN60 |
| 0.20% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $567,377.39 | 600,000 | BSZ7DB3 |
| 0.20% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $567,236.62 | 823,000 | BS84LN9 |
| 0.20% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $563,315.41 | 597,000 | BVRTP89 |
| 0.19% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $540,461.84 | 526,000 | BMJ0LG7 |
| 0.19% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $525,064.28 | 545,000 | BL54J73 |
| 0.18% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $516,162.60 | 544,000 | BR886L7 |
| 0.18% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $513,821.78 | 612,000 | BVSYM93 |
| 0.18% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $496,653.76 | 505,000 | BV8DHB7 |
| 0.18% | -- | SCIH SALT HOLDINGS INC CALLABLE NOTES FIXED 6.625% 15/AUG/2031 USD 1000 | -- | -- | -- | $492,144.90 | 507,000 | -- |
| 0.17% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $480,964.44 | 492,000 | BVZMLG0 |
| 0.17% | -- | YUM! BRANDS INC | 5.38% | 04/01/2032 | -- | $478,500.85 | 500,000 | BLBM1S6 |
| 0.17% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $472,065.02 | 483,000 | BV6KVQ3 |
| 0.17% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $466,964.79 | 485,000 | BTMSZJ8 |
| 0.16% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $457,001.93 | 446,000 | BMGC188 |
| 0.16% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $455,491.96 | 440,000 | BRT75V6 |
| 0.16% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $454,647.36 | 452,000 | BSD6D23 |
| 0.16% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $446,760.81 | 467,000 | BQT2NL0 |
| 0.16% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $435,120.00 | 784,000 | BRPT5J4 |
| 0.15% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $429,336.44 | 436,000 | BN95KZ1 |
| 0.15% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $416,593.42 | 467,000 | BMCM256 |
| 0.15% | -- | LIFEPOINT HEALTH INC | 7.00% | 05/01/2034 | -- | $411,426.60 | 454,000 | BVPPDZ2 |
| 0.15% | -- | KENNEDY-WILSON INC | 7.00% | 06/01/2031 | -- | $409,246.32 | 415,000 | BWW4KL4 |
| 0.15% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $407,917.50 | 408,000 | BQB88K0 |
| 0.14% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $403,840.71 | 422,000 | BV4J2P8 |
| 0.14% | -- | DDC 01 PROPCO LLC CALLABLE NOTES FIXED 8.875% 30/SEP/2031 USD 1000 | -- | -- | -- | $400,186.56 | 417,000 | -- |
| 0.14% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $398,847.24 | 418,000 | BMW2F91 |
| 0.14% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $394,752.78 | 489,000 | BT3CPW2 |
| 0.13% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $377,119.91 | 382,000 | BRBDSH9 |
| 0.13% | -- | DIRECTV FINANCING LLC | 8.88% | 02/01/2030 | -- | $372,645.76 | 371,000 | BRJJYP9 |
| 0.13% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $361,456.63 | 407,000 | BTMT0G3 |
| 0.12% | -- | ALTICE FRANCE SA | 6.88% | 07/15/2032 | -- | $346,977.53 | 372,000 | BT68Y08 |
| 0.11% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $313,092.61 | 337,000 | BW1N539 |
| 0.11% | -- | NISSAN MOTOR CO | 8.13% | 07/17/2035 | -- | $302,633.41 | 302,000 | BVN2G67 |
| 0.10% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $289,234.32 | 361,000 | BS3BCF4 |
| 0.10% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $281,530.16 | 325,000 | BSNMMD5 |
| 0.10% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $277,256.53 | 288,000 | BQ3QRD8 |
| 0.09% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $247,693.20 | 250,000 | BPLP3M1 |
| 0.09% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $247,406.13 | 250,000 | BR4XVS8 |
| 0.09% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $241,160.58 | 245,000 | BS6V604 |
| 0.09% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $240,030.26 | 260,000 | BRBNWB1 |
| 0.08% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $233,984.59 | 730,000 | BP9LWV3 |
| 0.08% | -- | STANDARD BUILDING SOLUTI | 6.50% | 08/15/2032 | -- | $229,968.59 | 238,000 | BR2NXL7 |
| 0.07% | -- | CSC HOLDINGS LLC | 11.25% | 05/15/2028 | -- | $201,875.00 | 425,000 | BRJSRR9 |
| 0.07% | -- | NCL CORPORATION LTD | 5.88% | 01/15/2031 | -- | $183,042.94 | 200,000 | BVLD769 |
| 0.06% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $180,982.00 | 185,000 | BSNQ215 |
| 0.06% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $176,328.57 | 183,000 | BWBZMK1 |
| 0.04% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $104,967.72 | 109,000 | BTWSX61 |
| 0.03% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $96,155.33 | 96,000 | BV5GRT7 |
| 0.02% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $65,054.75 | 66,000 | BV1C948 |
| 0.01% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $18,810.92 | 19,000 | BL9XM77 |
| -16.23% | -- | US 10YR NOTE (CBT) BOND 21/DEC/2026 TYZ6 COMDTY | -- | -- | -45,536,766 | -- | -437 | -- |
| -27.39% | -- | US 2YR NOTE (CBT) BOND 31/DEC/2026 TUZ6 COMDTY | -- | -- | -76,849,172 | -- | -378 | -- |
| -56.23% | -- | US 5YR NOTE (CBT) BOND 31/DEC/2026 FVZ6 COMDTY | -- | -- | -157,734,328 | -- | -1,527 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $12,060,689.54 | 12,060,690 | -- |
Index
as of 6/30/2026
- Total Number of Issues259
- Long Portfolio Duration3.34
- Net Effective Duration0.00
- Long Portfolio Yield7.53
- Net Index Yield7.17
About the Index
The FTSE High Yield Treasury Rate Hedged Index is designed to measure the performance of high yield debt of U.S. and Canadian companies. The Index measures the performance of two positions: (1) a long position in high-yield corporate bonds; and (2) a duration matched short position in U.S. Treasury bonds.
Distributions
For
2026
- 2026
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Rising Rates Insights and Research
How to Invest for Rising Rates
Explore strategies for rising interest rates, including interest rate hedged bonds and equities focused on rate-sensitive sectors.
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