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 4/30/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 1.88% | 1.44% | 3.38% | 2.16% | 9.59% | 10.02% | 6.85% | -- | 4.18% | 05/21/2013 |
| HYHG Market Price | 2.38% | 1.29% | 3.08% | 2.39% | 9.96% | 10.13% | 6.89% | -- | 4.21% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 2.03% | 1.60% | 3.63% | 2.50% | 10.18% | 10.45% | 7.28% | 6.63% | 4.88% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.25% | 0.28% | 1.58% | 0.28% | 6.90% | 9.48% | 6.56% | 6.26% | 4.06% | 05/21/2013 |
| HYHG Market Price | -0.12% | 0.01% | 1.16% | 0.01% | 6.59% | 9.28% | 6.41% | 6.23% | 4.05% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.17% | 0.46% | 1.65% | 0.46% | 7.36% | 9.94% | 6.95% | 6.89% | 4.75% | -- |
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 $175,032,778
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 5/31/2026- Number of Companies 237
- Weighted Average Yield to
Maturity7.15% - Net Effective Duration 0.016
Price
as of 6/15/2026- NAV
- NAV Change
- Market Price $64.76
- Market Price Change $-0.06
- Trading Volume (M) 9,216
- 30-Day Median Bid Ask Spread 0.60%
- View Premium / Discount
Distributions
as of 5/31/2026- Distribution Frequency Monthly
- 12-Month Yield 6.76%
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 $175,032,778
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 5/31/2026- Number of Companies 237
- Weighted Average Yield to
Maturity7.15% - Net Effective Duration 0.016
Price
as of 6/15/2026- NAV
- NAV Change
- Market Price $64.76
- Market Price Change $-0.06
- Trading Volume (M) 9,216
- 30-Day Median Bid Ask Spread 0.60%
- View Premium / Discount
Distributions
as of 5/31/2026- Distribution Frequency Monthly
- 12-Month Yield 6.76%
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
Exposures
Index as of 9/30/2022
Holdings
as of 6/15/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.52% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,666,587.05 | 2,621,000 | BS9G792 |
| 1.38% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,421,984.20 | 2,385,000 | BPH26F0 |
| 1.37% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,390,785.65 | 2,308,000 | BNBV5N0 |
| 1.24% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,162,471.61 | 1,995,000 | BR54DP1 |
| 1.17% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,044,487.27 | 2,071,000 | BN2QTP4 |
| 1.06% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,853,008.37 | 1,806,000 | BV4K8M0 |
| 0.98% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,721,644.22 | 1,627,000 | BW5ZMJ6 |
| 0.97% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,692,069.45 | 1,709,000 | BVPVMW0 |
| 0.92% | -- | CARNIVAL CORP LTD | 5.75% | 08/01/2032 | -- | $1,613,862.76 | 1,592,000 | BT7MYF4 |
| 0.91% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $1,597,918.91 | 1,577,000 | BMXG8Y8 |
| 0.90% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,569,034.15 | 1,537,000 | BVF9138 |
| 0.88% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,540,558.59 | 1,514,000 | BNM6H94 |
| 0.83% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $1,450,850.80 | 1,400,000 | BVBCQP8 |
| 0.79% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,378,676.54 | 1,338,000 | BQ67HZ0 |
| 0.78% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,356,942.40 | 1,304,000 | BRK4301 |
| 0.77% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,355,889.78 | 1,323,000 | BQKN5B6 |
| 0.77% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $1,344,342.59 | 1,285,000 | BMCGQM3 |
| 0.76% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,335,701.45 | 1,242,000 | BP2F579 |
| 0.75% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,306,479.68 | 1,250,000 | BRXZ215 |
| 0.74% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $1,292,637.02 | 1,283,000 | BS2FMQ8 |
| 0.73% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,271,667.83 | 1,254,000 | BVDKGM7 |
| 0.72% | -- | MERIDIAN ARC HOLDCO LLC | 6.25% | 04/30/2031 | -- | $1,254,893.75 | 1,250,000 | BX54MW3 |
| 0.72% | -- | PR RNO PROPERTY OWNER 1 | 6.50% | 05/01/2031 | -- | $1,253,065.00 | 1,250,000 | BVV7TN2 |
| 0.71% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $1,242,949.20 | 1,200,000 | BSML716 |
| 0.69% | -- | OAK-EAGLE ACQUIRECO INC | 7.25% | 07/01/2033 | -- | $1,213,129.94 | 1,159,000 | BTNKKK9 |
| 0.69% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,203,048.00 | 1,176,000 | BSTKQX1 |
| 0.67% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,174,743.46 | 1,179,000 | BSHT8Y5 |
| 0.67% | -- | CORE SCIENTIFIC FINANCE | 7.75% | 05/15/2031 | -- | $1,169,383.21 | 1,145,000 | BTXZ1D4 |
| 0.66% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,154,044.09 | 1,170,000 | BRJQLF9 |
| 0.66% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,147,425.14 | 1,368,000 | BMVZMH8 |
| 0.65% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,135,963.36 | 1,074,000 | BRSF6F2 |
| 0.65% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,134,715.57 | 1,047,000 | BVMR221 |
| 0.63% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $1,100,479.38 | 1,533,000 | BM93J39 |
| 0.62% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,090,747.42 | 1,073,000 | BV6KVR4 |
| 0.62% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $1,082,256.12 | 1,080,000 | BS88ZW8 |
| 0.61% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,076,183.51 | 1,085,000 | BTFHSL5 |
| 0.61% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,072,794.75 | 1,077,000 | BMWDGR9 |
| 0.61% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,068,927.61 | 1,083,000 | BNTZ4D7 |
| 0.61% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,068,853.59 | 1,039,000 | BQB9NW0 |
| 0.61% | -- | OAK-EAGLE ACQUIRECO INC | 8.75% | 07/01/2034 | -- | $1,067,492.16 | 1,000,000 | BTNKNF5 |
| 0.61% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,059,317.79 | 1,098,000 | BS89C64 |
| 0.60% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,052,537.19 | 1,038,000 | BM8K6S5 |
| 0.60% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,047,295.66 | 966,000 | BQ80PR5 |
| 0.60% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $1,043,210.27 | 1,003,000 | BV5GRS6 |
| 0.59% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $1,031,511.67 | 1,026,000 | BVCHTT7 |
| 0.59% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,031,432.82 | 1,019,000 | BV99DS3 |
| 0.58% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,023,623.00 | 1,000,000 | BT7HWD3 |
| 0.58% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,019,527.07 | 1,037,000 | BV4FWX4 |
| 0.57% | -- | UNIVISION COMMUNICATIONS | 8.88% | 04/15/2033 | -- | $997,143.60 | 1,000,000 | BTWQYH3 |
| 0.57% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $989,872.71 | 1,006,000 | BS2FZM5 |
| 0.56% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $984,171.38 | 943,000 | BVK6BT0 |
| 0.56% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $983,456.78 | 945,000 | BQ2KRF3 |
| 0.55% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $965,648.90 | 1,000,000 | BVBCQJ2 |
| 0.55% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $958,596.08 | 929,000 | BT7HYL5 |
| 0.55% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $958,044.08 | 937,000 | BQMJ1N6 |
| 0.54% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $940,306.86 | 931,000 | BNRNCC8 |
| 0.53% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $936,455.19 | 968,000 | BM9YJB0 |
| 0.53% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $921,699.57 | 901,000 | BNZG7Q8 |
| 0.52% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $908,909.45 | 941,000 | BN7SNC0 |
| 0.52% | -- | CELANESE US HOLDINGS LLC | 7.70% | 11/15/2033 | -- | $903,177.63 | 839,000 | BRBDWD3 |
| 0.50% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $877,017.94 | 1,001,000 | BM94BT2 |
| 0.50% | -- | CENTENE CORP | 2.63% | 08/01/2031 | -- | $871,582.02 | 1,000,000 | BL6LYW3 |
| 0.50% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $867,583.85 | 875,000 | BVBFJY7 |
| 0.49% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $858,691.23 | 880,000 | BMBJVY0 |
| 0.49% | -- | TALEN ENERGY SUPPLY LLC | 6.13% | 05/01/2031 | -- | $849,942.39 | 849,000 | BRXPB07 |
| 0.47% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $824,393.05 | 798,000 | BS6S7M4 |
| 0.46% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $812,329.42 | 837,353 | BT68Y19 |
| 0.46% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $809,028.25 | 799,000 | BNDQTF3 |
| 0.45% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $795,976.13 | 793,000 | BPVDS42 |
| 0.45% | -- | TALEN ENERGY SUPPLY LLC | 6.38% | 05/01/2033 | -- | $790,094.00 | 791,000 | BRXP9Z8 |
| 0.45% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $789,498.08 | 800,000 | BVK50T0 |
| 0.44% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $773,457.48 | 790,000 | BW5TCD2 |
| 0.44% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $771,825.49 | 738,000 | BTFHQJ9 |
| 0.44% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $767,029.64 | 1,242,000 | BRBCV11 |
| 0.44% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $764,376.36 | 726,000 | BRQPKY1 |
| 0.43% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $759,333.10 | 741,000 | BS9C5X0 |
| 0.43% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $754,000.46 | 748,000 | BQ1PCD2 |
| 0.43% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $753,268.01 | 742,000 | BTTRMX1 |
| 0.43% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $751,426.56 | 736,000 | BVF9246 |
| 0.42% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $741,662.26 | 737,000 | BPW9BQ2 |
| 0.42% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $738,538.37 | 827,000 | BRXCZB7 |
| 0.42% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $730,011.50 | 765,000 | BPVBYZ9 |
| 0.41% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $722,971.29 | 955,000 | BV2JDH9 |
| 0.41% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $720,137.43 | 694,000 | BPSN522 |
| 0.41% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $718,993.55 | 727,000 | BMCGQ56 |
| 0.41% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $712,217.04 | 706,000 | BQB7JV5 |
| 0.41% | -- | SWORD PURCHASER LLC | 8.25% | 04/15/2033 | -- | $709,438.16 | 687,000 | BWFJMB0 |
| 0.40% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $706,294.38 | 705,000 | BPP2DX9 |
| 0.40% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $701,660.57 | 685,000 | BSNQ215 |
| 0.40% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $700,173.99 | 709,000 | BVBFJZ8 |
| 0.40% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $695,947.98 | 695,000 | BTPH0K8 |
| 0.40% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $694,303.66 | 697,000 | BMZBL86 |
| 0.40% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $691,786.70 | 682,000 | BP4YGK4 |
| 0.39% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $690,599.70 | 652,000 | BVK4MV3 |
| 0.39% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $689,243.05 | 799,000 | BNNPV76 |
| 0.39% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $686,070.22 | 682,000 | BMF9C65 |
| 0.39% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $685,402.41 | 642,000 | BTWWV25 |
| 0.39% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $677,777.31 | 649,000 | BTCK903 |
| 0.38% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $673,067.20 | 650,000 | BMGDND0 |
| 0.38% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $670,864.92 | 675,000 | BVMS268 |
| 0.38% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $668,626.25 | 630,000 | BV3PLR2 |
| 0.38% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $668,199.91 | 663,000 | BSHX319 |
| 0.38% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $662,005.07 | 657,000 | BTG0PS9 |
| 0.38% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $657,050.68 | 638,000 | BR55K64 |
| 0.37% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $650,010.06 | 609,000 | BRCDDH3 |
| 0.36% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $636,333.18 | 640,000 | BT3F8Q6 |
| 0.36% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $633,953.46 | 638,000 | BWBZMK1 |
| 0.36% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $633,572.11 | 616,000 | BQKRVC1 |
| 0.36% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $633,124.79 | 613,000 | BP946X2 |
| 0.36% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $632,164.90 | 628,000 | BVMDN60 |
| 0.36% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $629,995.87 | 617,000 | BLB3TG3 |
| 0.35% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $619,043.06 | 629,000 | BMVXP62 |
| 0.35% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $617,911.43 | 607,000 | BQXJKM7 |
| 0.35% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $611,744.80 | 621,000 | BM8H4Y8 |
| 0.35% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $608,066.35 | 602,000 | BQTWXH6 |
| 0.34% | -- | CARNIVAL CORP LTD | 6.13% | 02/15/2033 | -- | $586,778.02 | 579,000 | BV0YZ47 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $581,446.61 | 595,000 | BMH29D8 |
| 0.32% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $566,731.74 | 548,000 | BTCCGD1 |
| 0.32% | -- | LIFEPOINT HEALTH INC | 7.00% | 05/01/2034 | -- | $565,274.25 | 582,000 | BVPPDZ2 |
| 0.32% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $564,253.56 | 543,000 | BRBCTZ1 |
| 0.32% | -- | EDGED COMPUTE LLC | 7.50% | 04/30/2031 | -- | $558,529.13 | 561,000 | BT7J9Z0 |
| 0.32% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $557,676.77 | 526,000 | BMZMHS1 |
| 0.32% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $556,564.77 | 560,000 | BTGTPC0 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $556,264.50 | 550,000 | BMVXP51 |
| 0.32% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $555,633.41 | 528,000 | BLDCTF7 |
| 0.32% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $551,479.67 | 537,000 | BV1C948 |
| 0.31% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $541,658.25 | 525,000 | BTJS1V5 |
| 0.31% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $539,590.40 | 630,000 | BP7LR98 |
| 0.31% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $538,974.37 | 550,000 | BSSBTZ8 |
| 0.31% | -- | SOLARIS ENERGY INFRASTRU | 6.38% | 05/15/2031 | -- | $538,724.89 | 532,000 | BSNN9Q0 |
| 0.31% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $534,396.93 | 541,000 | BSJQ190 |
| 0.30% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $531,259.14 | 576,000 | BS84LN9 |
| 0.30% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $530,377.57 | 536,000 | BVBG0S1 |
| 0.30% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $530,000.63 | 525,000 | BRS7WN8 |
| 0.30% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $527,264.99 | 513,000 | BT3FDQ1 |
| 0.30% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $527,189.81 | 526,000 | BMJ0LG7 |
| 0.30% | -- | COREWEAVE INC | 9.75% | 10/01/2031 | -- | $527,153.77 | 514,000 | BWM2ZQ8 |
| 0.30% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $524,560.77 | 575,000 | BM9SD09 |
| 0.30% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $524,272.18 | 530,000 | BTXQV60 |
| 0.30% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $517,344.16 | 719,000 | BMWT6D3 |
| 0.29% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $516,141.78 | 509,000 | BVDKGL6 |
| 0.29% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $515,766.80 | 517,000 | BLC9L19 |
| 0.29% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $513,148.09 | 542,000 | BLDBLN6 |
| 0.29% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $512,236.50 | 500,000 | BL9XM77 |
| 0.29% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $510,536.47 | 511,000 | BLDCF37 |
| 0.29% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $507,387.91 | 485,000 | BVK4BV6 |
| 0.29% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $503,538.63 | 492,000 | BVZMLG0 |
| 0.29% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $502,585.57 | 504,000 | BTJYMV0 |
| 0.28% | -- | YUM! BRANDS INC | 5.38% | 04/01/2032 | -- | $498,650.40 | 500,000 | BLBM1S6 |
| 0.28% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $493,775.19 | 495,000 | BN6MM59 |
| 0.28% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $493,347.75 | 500,000 | BQ689G8 |
| 0.28% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $489,859.87 | 495,000 | BPLPFQ9 |
| 0.28% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $487,961.41 | 485,000 | BTMSZJ8 |
| 0.28% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $486,341.34 | 496,000 | BT9NKJ1 |
| 0.28% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $485,584.76 | 563,000 | BS3BCF4 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $483,311.43 | 492,000 | BPLFC68 |
| 0.28% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $482,977.76 | 486,000 | BQT2NG5 |
| 0.27% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $479,749.50 | 450,000 | BR1YSV6 |
| 0.27% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $477,648.48 | 489,000 | BT3CPW2 |
| 0.27% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $475,276.66 | 466,000 | BTTRLD4 |
| 0.27% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $473,748.62 | 467,000 | BT7JWZ1 |
| 0.27% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $470,290.94 | 446,000 | BMGC188 |
| 0.27% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $469,898.87 | 522,000 | BVSYM93 |
| 0.26% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $463,443.30 | 450,000 | BR53N25 |
| 0.26% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $462,904.93 | 470,000 | BR113M3 |
| 0.26% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $461,744.67 | 452,000 | BSD6D23 |
| 0.26% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $460,055.70 | 459,000 | BVYL9V9 |
| 0.26% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $459,964.13 | 449,000 | BQ9D885 |
| 0.26% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $456,941.54 | 456,000 | BV4J2P8 |
| 0.26% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $456,011.20 | 441,000 | BPLL6H5 |
| 0.26% | -- | CENTENE CORP | 2.45% | 07/15/2028 | -- | $453,489.72 | 477,000 | BLH04G3 |
| 0.26% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $452,137.71 | 442,000 | BSKP420 |
| 0.26% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $451,257.45 | 433,000 | BP092P0 |
| 0.26% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $448,889.95 | 431,000 | BP488V1 |
| 0.26% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $447,040.89 | 433,000 | BR2NN28 |
| 0.25% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $443,751.77 | 435,000 | BP092B6 |
| 0.25% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $440,148.10 | 436,000 | BN95KZ1 |
| 0.25% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,930.84 | 419,000 | BNRPLW7 |
| 0.25% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $433,239.88 | 433,000 | BM9PWX6 |
| 0.25% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $429,857.38 | 442,000 | BMY8TS4 |
| 0.24% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $427,780.86 | 412,000 | BNRPV83 |
| 0.24% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $424,032.41 | 427,000 | BL54J73 |
| 0.24% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $423,739.24 | 452,000 | BP4Z8H8 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $421,275.00 | 411,000 | BR1FF63 |
| 0.24% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $420,780.43 | 406,000 | BLC8Z03 |
| 0.24% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $419,295.16 | 429,000 | BW1N539 |
| 0.24% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $418,461.93 | 407,000 | BM8SW92 |
| 0.24% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $418,137.94 | 418,000 | BMW2F91 |
| 0.24% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $418,133.25 | 415,000 | BSVLRC8 |
| 0.24% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $415,951.12 | 408,000 | BQB88K0 |
| 0.23% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $408,795.62 | 422,000 | BP83D39 |
| 0.23% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $408,339.58 | 393,000 | BRK14M1 |
| 0.23% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $407,737.50 | 393,000 | BMW2FL3 |
| 0.23% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $407,031.89 | 409,000 | BQT3JM6 |
| 0.23% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $404,700.33 | 391,000 | BN49RB3 |
| 0.23% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $401,468.02 | 407,000 | BTMT0G3 |
| 0.23% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $398,563.93 | 417,000 | BN6KWY2 |
| 0.22% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $391,286.07 | 382,000 | BRBDSH9 |
| 0.22% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $387,153.77 | 417,000 | BMCM256 |
| 0.22% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $385,157.36 | 371,000 | BMC94W8 |
| 0.22% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $384,830.62 | 382,000 | BRBVMG0 |
| 0.22% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $378,668.81 | 366,000 | BSNZ6B0 |
| 0.21% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $375,930.52 | 382,000 | BVRTP89 |
| 0.21% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $367,739.51 | 367,000 | BSZ7DB3 |
| 0.21% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $367,603.10 | 349,000 | BMCMQL0 |
| 0.21% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $366,832.87 | 367,000 | BQT2NL0 |
| 0.20% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $354,951.41 | 336,000 | BVMSGF5 |
| 0.20% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $352,527.83 | 431,000 | BRPT5J4 |
| 0.20% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $350,224.67 | 347,000 | BMXHQ92 |
| 0.19% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $337,545.14 | 324,000 | BPK4CP5 |
| 0.19% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $332,773.94 | 343,000 | BTZRRR4 |
| 0.18% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $314,154.36 | 325,000 | BSNMMD5 |
| 0.17% | -- | AECOM | 6.00% | 08/01/2033 | -- | $298,440.45 | 297,000 | BV2CGD5 |
| 0.17% | -- | CCO HLDGS LLC/CAP CORP | 7.00% | 02/01/2033 | -- | $288,861.08 | 295,000 | BVPC4H2 |
| 0.16% | -- | RAKUTEN GROUP INC | 9.75% | 04/15/2029 | -- | $272,326.84 | 250,000 | BQBBBT9 |
| 0.15% | -- | NISSAN MOTOR CO | 8.13% | 07/17/2035 | -- | $266,709.01 | 250,000 | BVN2G67 |
| 0.15% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $262,437.45 | 259,000 | BPX27Q2 |
| 0.15% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $261,889.00 | 250,000 | BPG27W5 |
| 0.15% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $260,632.50 | 589,000 | BP9LWV3 |
| 0.15% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $257,886.09 | 255,000 | BQ2KRD1 |
| 0.15% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $255,319.25 | 250,000 | BR4XVS8 |
| 0.15% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $254,940.13 | 250,000 | BPLP3M1 |
| 0.15% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $253,956.77 | 260,000 | BRBNWB1 |
| 0.14% | -- | STANDARD BUILDING SOLUTI | 6.50% | 08/15/2032 | -- | $240,675.83 | 238,000 | BR2NXL7 |
| 0.13% | -- | FLASH COMPUTE LLC | 7.25% | 12/31/2030 | -- | $223,246.80 | 216,000 | BTBKSX0 |
| 0.13% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $222,210.66 | 210,000 | BPBRSM2 |
| 0.12% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $217,432.26 | 217,000 | BR886L7 |
| 0.12% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $216,616.67 | 233,000 | BMD9BZ9 |
| 0.11% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $199,914.70 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $190,999.46 | 183,000 | BPK4TG5 |
| 0.10% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $183,390.42 | 188,000 | BQ3QRD8 |
| 0.10% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $167,620.86 | 165,000 | BPH25H5 |
| 0.09% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $156,987.99 | 157,000 | BS84Y29 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $139,333.50 | 135,000 | BNKBFF3 |
| 0.08% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $134,192.53 | 139,000 | BQ68CL4 |
| 0.07% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $120,379.55 | 117,000 | BV8DHB7 |
| 0.06% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $108,937.84 | 109,000 | BTWSX61 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $104,006.37 | 108,000 | BNZKRX7 |
| 0.06% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $100,661.47 | 96,000 | BV5GRT7 |
| 0.06% | -- | NCL CORPORATION LTD | 5.88% | 01/15/2031 | -- | $97,204.11 | 100,000 | BVLD769 |
| 0.04% | -- | CSC HOLDINGS LLC | 11.25% | 05/15/2028 | -- | $65,038.85 | 100,000 | -- |
| -15.60% | -- | US 10YR NOTE (CBT) BOND 21/SEP/2026 TYU6 COMDTY | -- | -- | -27,304,406 | -- | -249 | -- |
| -32.18% | -- | US 2YR NOTE (CBT) BOND 30/SEP/2026 TUU6 COMDTY | -- | -- | -56,336,110 | -- | -273 | -- |
| -47.32% | -- | US 5YR NOTE (CBT) BOND 30/SEP/2026 FVU6 COMDTY | -- | -- | -82,848,235 | -- | -774 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,734,317.04 | 7,734,317 | -- |
Index
as of 3/31/2026
- Total Number of Issues260
- Long Portfolio Duration3.57
- Net Effective Duration0.02
- Long Portfolio Yield7.61
- Net Index Yield7.37
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
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