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 12/31/16 **

SEC 30-Day Yield 5.71%

Fund Characteristics as of 12/31/16 **

Distribution Yield 4.55%
12-Month Yield 5.39%
Weighted Average Yield to Maturity 6.33%
Effective Duration 0.09

Price Information as of 1/18/17 **

NAV $68.50
NAV Change $0.10
Market Price Closing $68.88
Market Price Closing Change $0.16
Daily Trading Volume 4,094

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