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
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 10/31/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.10% | 1.39% | 6.00% | 4.58% | 6.24% | 9.58% | 7.76% | 5.62% | 4.07% | 05/21/2013 |
| HYHG Market Price | 0.48% | 1.95% | 6.67% | 4.64% | 6.69% | 9.82% | 7.96% | 5.71% | 4.13% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.07% | 1.50% | 6.32% | 5.06% | 6.65% | 9.93% | 8.17% | 6.23% | 4.78% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.90% | 2.08% | 5.24% | 4.48% | 7.58% | 11.06% | 7.79% | 5.99% | 4.09% | 05/21/2013 |
| HYHG Market Price | 1.01% | 2.31% | 5.37% | 4.15% | 7.69% | 11.19% | 7.92% | 6.03% | 4.12% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.01% | 2.32% | 5.63% | 4.98% | 8.07% | 11.54% | 8.25% | 6.65% | 4.80% | -- |
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
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 10/31/2025- Number of Companies 231
- Net Effective Duration 0.08024
Price
as of 11/19/2025- NAV $64.12
- NAV Change $+0.11
- Market Price $64.17
- Market Price Change $+0.21
- Trading Volume (M) 4,680
- View Premium / Discount
Distributions
as of 10/31/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 6.52%
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.
- Distribution Details
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
- Distributions Monthly
Characteristics
as of 10/31/2025- Number of Companies 231
- Net Effective Duration 0.08024
Price
as of 11/19/2025- NAV $64.12
- NAV Change $+0.11
- Market Price $64.17
- Market Price Change $+0.21
- Trading Volume (M) 4,680
- View Premium / Discount
Distributions
as of 10/31/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 6.52%
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.
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 11/19/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.49% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,458,935.00 | 2,385,000 | BPH26F0 |
| 1.30% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $2,154,206.18 | 2,167,000 | BMWDGR9 |
| 1.28% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,105,988.43 | 2,109,000 | BN2QTP4 |
| 1.17% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,937,051.34 | 1,760,000 | BR54DP1 |
| 1.16% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,923,668.62 | 1,906,000 | BV4K8M0 |
| 1.00% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,644,648.44 | 1,602,000 | BNM6H94 |
| 0.98% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,623,795.17 | 1,592,000 | BT7MYF4 |
| 0.92% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,522,891.28 | 1,445,000 | BP2F579 |
| 0.91% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,503,326.30 | 1,458,000 | BQ67HZ0 |
| 0.89% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $1,462,265.00 | 1,385,000 | BP6GPK1 |
| 0.88% | -- | WARNERMEDIA HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,459,312.50 | 1,810,000 | BTPF2W8 |
| 0.88% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,450,363.82 | 1,440,000 | BM8H783 |
| 0.88% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $1,446,736.80 | 1,380,000 | BNBTNV8 |
| 0.80% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,325,989.71 | 1,290,000 | BPLP3M1 |
| 0.80% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,318,297.90 | 1,283,000 | BS2FMQ8 |
| 0.78% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,282,960.06 | 1,276,000 | BRK4301 |
| 0.76% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,250,574.93 | 1,210,000 | BNZG7Q8 |
| 0.75% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,242,431.01 | 1,186,000 | BQB9NW0 |
| 0.74% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $1,222,770.08 | 1,184,000 | BS9G792 |
| 0.74% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,218,421.50 | 1,250,000 | BRXZ215 |
| 0.73% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $1,202,834.93 | 1,134,000 | BL6CM66 |
| 0.72% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,195,052.86 | 1,223,000 | BMVXSB8 |
| 0.72% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,193,894.91 | 1,170,000 | BRJQLF9 |
| 0.72% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,193,769.86 | 1,179,000 | BSHT8Y5 |
| 0.72% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $1,189,301.90 | 1,347,000 | BMBVFS8 |
| 0.72% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $1,186,774.09 | 1,134,000 | BTCCGD1 |
| 0.70% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,157,632.16 | 1,180,000 | BQKN5B6 |
| 0.70% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,151,590.22 | 1,096,000 | BV5GRT7 |
| 0.70% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,148,960.08 | 1,138,000 | BM8K6S5 |
| 0.68% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,128,778.85 | 1,087,000 | BVDKGM7 |
| 0.68% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,125,586.45 | 1,100,000 | BRSF6F2 |
| 0.67% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $1,109,309.32 | 1,145,000 | BMBJVY0 |
| 0.66% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,086,631.46 | 1,030,000 | BQ80PR5 |
| 0.66% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,086,382.46 | 1,073,000 | BV6KVR4 |
| 0.63% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,046,751.41 | 1,032,000 | BV99DS3 |
| 0.63% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,037,238.00 | 1,000,000 | BT7HWD3 |
| 0.62% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,029,750.27 | 976,000 | BRQPKY1 |
| 0.62% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,027,553.55 | 1,006,000 | BS2FZM5 |
| 0.62% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,025,848.00 | 1,000,000 | BW2K4P4 |
| 0.62% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $1,023,119.60 | 989,000 | BT7HYL5 |
| 0.62% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,021,392.00 | 1,000,000 | BW5ZMJ6 |
| 0.61% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $1,015,249.70 | 1,044,000 | BNW2059 |
| 0.61% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,009,533.38 | 1,041,000 | BN7SNC0 |
| 0.60% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $997,764.52 | 1,000,000 | BVBFJZ8 |
| 0.60% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $987,495.71 | 945,000 | BQ2KRF3 |
| 0.60% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $983,979.78 | 976,000 | BNTZ4D7 |
| 0.59% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $971,977.27 | 937,000 | BQMJ1N6 |
| 0.58% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $964,801.25 | 1,018,000 | BVF9138 |
| 0.57% | -- | WARNERMEDIA HOLDINGS INC | 4.28% | 03/15/2032 | -- | $947,438.13 | 1,039,000 | BRJHSK6 |
| 0.54% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $899,576.18 | 886,000 | BQT2NG5 |
| 0.54% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $889,202.03 | 852,000 | BPG22V9 |
| 0.52% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $863,171.32 | 837,000 | BRT75V6 |
| 0.52% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $856,985.07 | 842,000 | BTTRMX1 |
| 0.51% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $843,500.33 | 821,000 | BVDKGL6 |
| 0.51% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $837,632.72 | 868,000 | BQ9D885 |
| 0.50% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $830,969.29 | 847,000 | BNHS096 |
| 0.50% | -- | ALTICE FRANCE SA | 6.50% | 03/15/2032 | -- | $830,100.80 | 859,000 | BT68Y19 |
| 0.50% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $829,765.51 | 801,000 | BVK4MV3 |
| 0.50% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $823,130.77 | 799,000 | BNDQTF3 |
| 0.50% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $821,738.11 | 798,000 | BS6S7M4 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $809,774.47 | 826,000 | BJNPGH3 |
| 0.49% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $801,664.95 | 782,000 | BM8K1F7 |
| 0.48% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $798,279.53 | 827,000 | BRXCZB7 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $793,164.94 | 793,000 | BPVDS42 |
| 0.47% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $781,495.25 | 761,000 | BR4XVS8 |
| 0.47% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $775,775.80 | 889,000 | BNNPV76 |
| 0.46% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $762,824.25 | 750,000 | BT9NKJ1 |
| 0.45% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $748,430.87 | 737,000 | BPW9BQ2 |
| 0.45% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $748,326.36 | 900,000 | BMVZMH8 |
| 0.45% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $748,066.38 | 777,000 | BMV1LQ8 |
| 0.45% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $745,473.25 | 1,002,000 | BRBCV11 |
| 0.45% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $740,386.48 | 748,000 | BQ1PCD2 |
| 0.44% | -- | HILTON DOMESTIC OPERATIN | 4.00% | 05/01/2031 | -- | $729,987.55 | 769,000 | BNDLGZ7 |
| 0.44% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $727,180.59 | 695,000 | BRBCTZ1 |
| 0.44% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $722,938.50 | 701,000 | BPG27W5 |
| 0.44% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $722,382.15 | 724,000 | BNRNCC8 |
| 0.44% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $721,266.10 | 736,000 | BMXHJH1 |
| 0.44% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $719,949.74 | 717,000 | BV4FWX4 |
| 0.44% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $718,816.97 | 697,000 | BMZBL86 |
| 0.43% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $714,243.83 | 675,000 | BNQQSS6 |
| 0.43% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $707,766.66 | 685,000 | BSNQ215 |
| 0.43% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $707,365.05 | 694,000 | BV8DHB7 |
| 0.42% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $699,840.76 | 684,000 | BTXQV60 |
| 0.42% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $699,466.73 | 675,000 | BMVXP62 |
| 0.42% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $698,528.42 | 686,000 | BVMDN60 |
| 0.42% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $697,658.72 | 682,000 | BMF9C65 |
| 0.41% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $682,187.85 | 677,000 | BP812N6 |
| 0.41% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $679,376.45 | 649,000 | BTCK903 |
| 0.41% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $674,472.40 | 702,000 | BQTWXH6 |
| 0.41% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $674,196.32 | 657,000 | BQXJKM7 |
| 0.41% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $672,462.10 | 646,000 | BLC8Z03 |
| 0.41% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $669,364.77 | 692,000 | BS89C64 |
| 0.40% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $666,015.67 | 641,000 | BS9C5X0 |
| 0.40% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $665,114.66 | 618,000 | BS88506 |
| 0.40% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $664,029.32 | 671,000 | BQ3QRD8 |
| 0.40% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $662,728.31 | 679,000 | BNHT925 |
| 0.40% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $658,974.22 | 628,000 | BLDCTF7 |
| 0.40% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $656,479.76 | 675,000 | BVMS268 |
| 0.39% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $648,411.16 | 618,000 | BV1C948 |
| 0.39% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $636,864.95 | 711,000 | BM94BT2 |
| 0.38% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $632,444.79 | 665,000 | BPVBYZ9 |
| 0.38% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $629,062.00 | 653,000 | BLC9L19 |
| 0.38% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $627,222.03 | 610,000 | BQB88K0 |
| 0.38% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $624,490.02 | 767,000 | BMV1L02 |
| 0.37% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $613,710.48 | 627,000 | BS6V604 |
| 0.37% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $613,170.59 | 701,000 | BN6JYJ8 |
| 0.37% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $609,526.61 | 605,000 | BR886L7 |
| 0.37% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $607,532.61 | 609,000 | BPP2DX9 |
| 0.36% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $596,677.70 | 581,000 | BPX27Q2 |
| 0.36% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $593,342.96 | 569,000 | BMCGQM3 |
| 0.35% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $584,305.96 | 556,000 | BNRPV83 |
| 0.35% | -- | SPIRIT AEROSYSTEMS INC | 9.75% | 11/15/2030 | -- | $578,591.19 | 527,000 | BR1YST4 |
| 0.35% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $578,346.62 | 630,000 | BP7LR98 |
| 0.35% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $576,519.56 | 576,000 | BS84LN9 |
| 0.35% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $573,447.01 | 546,000 | BT3NFD6 |
| 0.35% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $572,733.12 | 620,000 | BRT7X56 |
| 0.34% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $565,334.55 | 550,000 | BVK4BV6 |
| 0.34% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $564,057.92 | 550,000 | BP946X2 |
| 0.34% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $562,855.02 | 546,000 | BMGC188 |
| 0.34% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $561,457.32 | 536,000 | BRC2671 |
| 0.34% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $557,482.30 | 556,000 | BQB7JV5 |
| 0.33% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $552,174.44 | 539,000 | BLB3TG3 |
| 0.33% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $550,250.46 | 529,000 | BR2NN28 |
| 0.33% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $544,066.80 | 505,000 | BRCDDH3 |
| 0.33% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $543,096.75 | 525,000 | BTJS1V5 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $539,337.28 | 592,000 | BPLFC68 |
| 0.33% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $539,307.95 | 519,000 | BNRPLW7 |
| 0.32% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $530,610.99 | 563,000 | BS3BCF4 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $530,025.53 | 536,000 | BVBG0S1 |
| 0.32% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $526,323.85 | 520,000 | BMC94W8 |
| 0.32% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $524,788.63 | 529,000 | BMW2W01 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $522,633.00 | 500,000 | BMVXP51 |
| 0.32% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $522,418.50 | 500,000 | BNKBFF3 |
| 0.32% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $522,340.70 | 513,000 | BQ68CL4 |
| 0.32% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $521,712.31 | 506,000 | BM8SW92 |
| 0.31% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $519,834.54 | 532,000 | BM9PWX6 |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $519,298.50 | 500,000 | BMGDND0 |
| 0.31% | -- | SABRE GLBL INC | 11.13% | 07/15/2030 | -- | $518,902.56 | 564,000 | BS6RJF8 |
| 0.31% | -- | CELANESE US HOLDINGS LLC | 6.67% | 07/15/2027 | -- | $517,252.99 | 506,000 | BP9RBF8 |
| 0.31% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $516,702.75 | 473,000 | BR1H4Z1 |
| 0.31% | -- | POST HOLDINGS INC | 6.25% | 02/15/2032 | -- | $511,973.00 | 500,000 | BPSQQR3 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $511,176.96 | 511,000 | BLDCF37 |
| 0.31% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $509,911.50 | 500,000 | BVK50T0 |
| 0.31% | -- | COMMSCOPE LLC | 9.50% | 12/15/2031 | -- | $509,539.50 | 503,000 | BRRG7V9 |
| 0.31% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $507,335.70 | 500,000 | BVZMLG0 |
| 0.31% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $503,780.51 | 489,000 | BT3CPW2 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $499,387.19 | 495,000 | BN6MM59 |
| 0.30% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $498,728.56 | 481,000 | BPK4CP5 |
| 0.30% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $498,418.59 | 542,000 | BLDBLN6 |
| 0.30% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $495,411.98 | 485,000 | BP092B6 |
| 0.30% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $494,267.00 | 496,000 | BQT3JM6 |
| 0.30% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $490,394.25 | 450,000 | BR1YSV6 |
| 0.30% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $490,209.36 | 501,000 | BN0ZRZ9 |
| 0.29% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $486,420.87 | 521,000 | BN6KWY2 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $483,943.18 | 464,000 | BQKRVC1 |
| 0.29% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $477,200.68 | 467,000 | BMCGQ56 |
| 0.29% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $476,163.93 | 466,000 | BTTRLD4 |
| 0.29% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $474,581.57 | 483,000 | BM8H4Y8 |
| 0.29% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $473,580.05 | 500,000 | BV2JDH9 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $472,933.30 | 495,000 | BMH29D8 |
| 0.29% | -- | INVERSION ESCROW ISSUER | 6.75% | 08/01/2032 | -- | $472,736.03 | 490,000 | BVRTP89 |
| 0.29% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $471,362.42 | 492,000 | BMY8TS4 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $467,286.30 | 450,000 | BR53N25 |
| 0.28% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $466,708.00 | 450,000 | BP5JP78 |
| 0.28% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $465,146.48 | 465,000 | BMD14K1 |
| 0.28% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $458,918.99 | 471,000 | BNM5Z19 |
| 0.28% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $457,067.07 | 455,000 | BQ2KRD1 |
| 0.28% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $455,966.12 | 426,000 | BMZMHS1 |
| 0.28% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $455,152.50 | 613,000 | BMWT6D3 |
| 0.27% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $452,754.09 | 449,000 | BVBFJY7 |
| 0.27% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $451,690.32 | 501,591 | BMDB423 |
| 0.27% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $449,008.74 | 451,000 | BM9YJB0 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $447,888.42 | 441,000 | BPLL6H5 |
| 0.27% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $445,690.70 | 442,000 | BRK14M1 |
| 0.27% | -- | WINDSTREAM SERVICES LLC | 7.50% | 10/15/2033 | -- | $443,225.29 | 441,000 | BVMSGF5 |
| 0.27% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,824.59 | 436,000 | BN95KZ1 |
| 0.27% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $439,460.36 | 467,000 | BT7JWZ1 |
| 0.26% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $436,924.17 | 443,000 | BMHBB51 |
| 0.26% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $434,328.75 | 459,000 | BMT7QC9 |
| 0.26% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $433,747.49 | 451,000 | BSKP420 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $430,424.54 | 427,000 | BL54J73 |
| 0.26% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $430,071.97 | 452,000 | BP4Z8H8 |
| 0.26% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $424,641.84 | 420,000 | BSVLRC8 |
| 0.26% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $424,140.05 | 461,000 | BKPJT48 |
| 0.26% | -- | FRONTIER COMMUNICATIONS | 5.00% | 05/01/2028 | -- | $422,369.89 | 422,000 | BMF4PS3 |
| 0.26% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $422,326.34 | 399,000 | BMJ0LG7 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $422,100.59 | 412,000 | BP4YGK4 |
| 0.25% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $411,293.19 | 418,000 | BMW2F91 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $409,211.25 | 393,000 | BMW2FL3 |
| 0.24% | -- | SENSATA TECHNOLOGIES BV | 4.00% | 04/15/2029 | -- | $404,426.17 | 416,000 | BNKFMN2 |
| 0.24% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $399,475.13 | 383,000 | BPBRSM2 |
| 0.24% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $397,320.75 | 383,000 | BP092P0 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $395,039.77 | 422,000 | BP83D39 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $391,290.24 | 382,000 | BRBDSH9 |
| 0.24% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $391,178.37 | 424,000 | BNKLFF3 |
| 0.24% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $390,050.27 | 382,000 | BRBVMG0 |
| 0.23% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $387,819.48 | 376,000 | BRT7527 |
| 0.23% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $381,220.22 | 394,000 | BMBV4H0 |
| 0.23% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $378,532.80 | 485,000 | BMH8323 |
| 0.23% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $376,810.37 | 431,000 | BRPT5J4 |
| 0.22% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $367,048.88 | 349,000 | BS7XRZ1 |
| 0.22% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $355,877.78 | 491,000 | BM93J39 |
| 0.22% | -- | ALLISON TRANSMISSION INC | 3.75% | 01/30/2031 | -- | $355,376.68 | 385,000 | BMX50K5 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $351,948.57 | 347,000 | BMXHQ92 |
| 0.21% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $349,610.30 | 343,000 | BP091F3 |
| 0.21% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $340,993.08 | 581,000 | BMY0HH5 |
| 0.19% | -- | SMYRNA READY MIX CONCRET | 6.00% | 11/01/2028 | -- | $320,165.73 | 322,000 | BMDXC58 |
| 0.19% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $314,042.63 | 301,000 | BMJ0L90 |
| 0.19% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $309,202.33 | 294,000 | BSNZ6B0 |
| 0.18% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $303,547.66 | 297,000 | BRZWYJ6 |
| 0.18% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $298,422.78 | 300,000 | BTPH0K8 |
| 0.18% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $296,029.32 | 300,000 | BVSYM93 |
| 0.18% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $291,894.54 | 296,000 | BNTBJ41 |
| 0.17% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $277,500.00 | 500,000 | BNQPRV9 |
| 0.17% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $276,329.54 | 401,000 | BP9LWV3 |
| 0.16% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $264,395.30 | 258,000 | BV0YZ47 |
| 0.16% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $256,448.04 | 285,000 | BM9SD09 |
| 0.15% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $253,102.67 | 239,000 | BMCMQL0 |
| 0.14% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $236,226.47 | 228,000 | BVF9246 |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $234,729.51 | 235,000 | BN765Z1 |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $218,669.73 | 233,000 | BMD9BZ9 |
| 0.13% | -- | KINETIK HOLDINGS LP CALLABLE NOTES FIXED 6.625% 15/DEC/2028 USD 1000 | -- | -- | -- | $206,500.56 | 202,000 | -- |
| 0.12% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $194,604.10 | 192,000 | BVYL9V9 |
| 0.12% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $190,249.19 | 184,000 | BPH25H5 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $188,835.87 | 183,000 | BPK4TG5 |
| 0.05% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $81,159.31 | 78,000 | BV5GRS6 |
| 0.04% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $64,797.31 | 64,000 | BPLPFQ9 |
| 0.03% | -- | NFE FINANCING LLC | 12.00% | 11/15/2029 | -- | $50,700.00 | 169,000 | BQWNRK7 |
| 0.03% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $50,549.15 | 50,000 | BV6KVQ3 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -13.92% | -- | US 10YR NOTE (CBT) BOND 19/DEC/2025 TYZ5 COMDTY | -- | -- | -22,988,250 | -- | -204 | -- |
| -37.95% | -- | US 2YR NOTE (CBT) BOND 31/DEC/2025 TUZ5 COMDTY | -- | -- | -62,673,844 | -- | -301 | -- |
| -45.71% | -- | US 5YR NOTE (CBT) BOND 31/DEC/2025 FVZ5 COMDTY | -- | -- | -75,475,555 | -- | -691 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,666,354.98 | 7,666,355 | -- |
Index
as of 9/30/2025
- Total Number of Issues246
- Long Portfolio Duration3.25
- Net Effective Duration0.06
- Long Portfolio Yield7.28
- Net Index Yield7.56
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
2025
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Rising Rates Insights and Research
The Current Case for a Rate Hedged Bond Strategy
Even a minor rise in interest rates drags on corporate bond returns. Interest rate hedged strategies target zero rate risk while maintaining return potential.
Read More