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 $172,744,861
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 4/30/2026- Number of Companies 237
- Net Effective Duration -0.02203
Price
as of 5/19/2026- NAV
- NAV Change
- Market Price $64.47
- Market Price Change $-0.07
- Trading Volume (M) 16,818
- View Premium / Discount
Distributions
as of 4/30/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.56%
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 6.83%
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 $172,744,861
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 4/30/2026- Number of Companies 237
- Net Effective Duration -0.02203
Price
as of 5/19/2026- NAV
- NAV Change
- Market Price $64.47
- Market Price Change $-0.07
- Trading Volume (M) 16,818
- View Premium / Discount
Distributions
as of 4/30/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.56%
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 6.83%
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 5/18/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.56% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,692,062.12 | 2,621,000 | BS9G792 |
| 1.39% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,406,000.83 | 2,385,000 | BPH26F0 |
| 1.38% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,388,617.19 | 2,308,000 | BNBV5N0 |
| 1.25% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,164,487.22 | 1,995,000 | BR54DP1 |
| 1.18% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,045,143.15 | 2,071,000 | BN2QTP4 |
| 1.07% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,843,808.61 | 1,806,000 | BV4K8M0 |
| 1.06% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,829,843.74 | 1,743,000 | BW5ZMJ6 |
| 0.91% | -- | CARNIVAL CORP LTD | 5.75% | 08/01/2032 | -- | $1,577,966.04 | 1,592,000 | BT7MYF4 |
| 0.91% | -- | DISCOVERY HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,574,610.00 | 2,157,000 | BTPF2W8 |
| 0.90% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,560,425.42 | 1,537,000 | BVF9138 |
| 0.85% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,462,340.68 | 1,495,000 | BVPVMW0 |
| 0.78% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,355,384.63 | 1,338,000 | BQ67HZ0 |
| 0.78% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,355,098.54 | 1,304,000 | BRK4301 |
| 0.77% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,340,314.24 | 1,242,000 | BP2F579 |
| 0.77% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,338,944.80 | 1,323,000 | BQKN5B6 |
| 0.74% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,284,685.00 | 1,250,000 | BRXZ215 |
| 0.74% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,283,658.99 | 1,264,000 | BNM6H94 |
| 0.73% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $1,269,391.09 | 1,283,000 | BS2FMQ8 |
| 0.73% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,266,917.45 | 1,254,000 | BVDKGM7 |
| 0.71% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $1,224,853.94 | 1,207,000 | BV1C948 |
| 0.70% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,203,213.43 | 1,223,000 | BMVXSB8 |
| 0.69% | -- | OAK-EAGLE ACQUIRECO INC | 7.25% | 07/01/2033 | -- | $1,198,212.59 | 1,159,000 | BTNKKK9 |
| 0.68% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,172,942.40 | 1,176,000 | BSTKQX1 |
| 0.67% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,155,346.22 | 1,170,000 | BRJQLF9 |
| 0.66% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,135,550.26 | 1,096,000 | BV5GRT7 |
| 0.65% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,131,895.04 | 1,074,000 | BRSF6F2 |
| 0.65% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,128,661.75 | 1,179,000 | BSHT8Y5 |
| 0.65% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,124,955.43 | 1,047,000 | BVMR221 |
| 0.65% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,122,298.17 | 1,368,000 | BMVZMH8 |
| 0.63% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,084,618.44 | 1,073,000 | BV6KVR4 |
| 0.63% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,084,012.05 | 1,100,000 | BW2K4P4 |
| 0.62% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,073,075.09 | 1,077,000 | BMWDGR9 |
| 0.62% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,072,606.46 | 1,039,000 | BQB9NW0 |
| 0.62% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,069,057.01 | 1,085,000 | BTFHSL5 |
| 0.61% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,050,500.19 | 1,083,000 | BNTZ4D7 |
| 0.61% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,049,953.13 | 966,000 | BQ80PR5 |
| 0.60% | -- | OAK-EAGLE ACQUIRECO INC | 8.75% | 07/01/2034 | -- | $1,044,007.00 | 1,000,000 | BTNKNF5 |
| 0.60% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $1,038,044.01 | 1,001,000 | BLC8Z03 |
| 0.59% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,028,078.69 | 1,038,000 | BM8K6S5 |
| 0.59% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,026,972.36 | 1,098,000 | BS89C64 |
| 0.59% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,025,251.00 | 1,000,000 | BT7HWD3 |
| 0.59% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,022,413.65 | 1,019,000 | BV99DS3 |
| 0.58% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $1,010,943.38 | 975,000 | BP9MC16 |
| 0.58% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,010,618.03 | 996,000 | BPLP3M1 |
| 0.58% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,007,406.82 | 1,037,000 | BV4FWX4 |
| 0.57% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $980,788.10 | 945,000 | BQ2KRF3 |
| 0.56% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $974,321.30 | 1,006,000 | BS2FZM5 |
| 0.55% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $957,807.40 | 1,000,000 | BVBCQJ2 |
| 0.55% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $954,883.58 | 937,000 | BQMJ1N6 |
| 0.54% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $936,359.54 | 929,000 | BT7HYL5 |
| 0.54% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $934,696.68 | 931,000 | BNRNCC8 |
| 0.53% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $912,671.55 | 901,000 | BNZG7Q8 |
| 0.52% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $907,530.59 | 968,000 | BM9YJB0 |
| 0.52% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $899,568.62 | 941,000 | BN7SNC0 |
| 0.50% | -- | DISCOVERY HOLDINGS INC | 4.28% | 03/15/2032 | -- | $870,250.59 | 951,000 | BRJHSK6 |
| 0.50% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $866,665.70 | 1,001,000 | BM94BT2 |
| 0.50% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $857,159.54 | 875,000 | BVBFJY7 |
| 0.49% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $855,935.53 | 835,000 | BS6V604 |
| 0.49% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $852,363.25 | 880,000 | BMBJVY0 |
| 0.48% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $821,617.61 | 798,000 | BS6S7M4 |
| 0.47% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $816,192.52 | 837,353 | BT68Y19 |
| 0.47% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $809,277.54 | 799,000 | BNDQTF3 |
| 0.46% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $794,012.66 | 793,000 | BPVDS42 |
| 0.45% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $783,873.60 | 800,000 | BVK50T0 |
| 0.45% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $778,219.22 | 750,000 | BVK6BT0 |
| 0.45% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $770,276.95 | 790,000 | BW5TCD2 |
| 0.44% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $769,123.85 | 735,000 | BRT75V6 |
| 0.44% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $764,147.67 | 726,000 | BRQPKY1 |
| 0.44% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $762,584.99 | 738,000 | BTFHQJ9 |
| 0.44% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $752,761.30 | 748,000 | BQ1PCD2 |
| 0.44% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $752,628.49 | 741,000 | BS9C5X0 |
| 0.43% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $750,380.90 | 742,000 | BTTRMX1 |
| 0.43% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $744,156.35 | 736,000 | BVF9246 |
| 0.43% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $742,455.98 | 750,000 | BS84Y29 |
| 0.43% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $739,513.91 | 737,000 | BPW9BQ2 |
| 0.42% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $731,795.71 | 765,000 | BPVBYZ9 |
| 0.42% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $728,829.27 | 827,000 | BRXCZB7 |
| 0.42% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $722,997.28 | 727,000 | BMCGQ56 |
| 0.41% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $711,591.24 | 694,000 | BPSN522 |
| 0.41% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $707,699.34 | 706,000 | BQB7JV5 |
| 0.41% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $701,705.75 | 705,000 | BPP2DX9 |
| 0.41% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $700,853.29 | 1,078,000 | BRBCV11 |
| 0.40% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $699,290.30 | 681,000 | BV8DHB7 |
| 0.40% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $698,478.75 | 685,000 | BSNQ215 |
| 0.40% | -- | SWORD PURCHASER LLC | 8.25% | 04/15/2033 | -- | $697,994.06 | 687,000 | BWFJMB0 |
| 0.40% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $696,517.88 | 805,000 | BMBVFS8 |
| 0.40% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $692,444.57 | 709,000 | BVBFJZ8 |
| 0.40% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $692,071.62 | 695,000 | BTPH0K8 |
| 0.40% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $689,621.35 | 697,000 | BMZBL86 |
| 0.40% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $684,114.26 | 652,000 | BVK4MV3 |
| 0.39% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $680,483.41 | 642,000 | BTWWV25 |
| 0.39% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $673,781.29 | 682,000 | BMF9C65 |
| 0.39% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $671,994.86 | 649,000 | BTCK903 |
| 0.39% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $669,905.45 | 674,000 | BR886L7 |
| 0.39% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $669,617.65 | 650,000 | BMGDND0 |
| 0.38% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $665,017.30 | 663,000 | BSHX319 |
| 0.38% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $658,702.29 | 630,000 | BV3PLR2 |
| 0.38% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $658,561.03 | 657,000 | BTG0PS9 |
| 0.38% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $657,937.50 | 638,000 | BR55K64 |
| 0.38% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $657,211.38 | 799,000 | BNNPV76 |
| 0.38% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $655,443.83 | 675,000 | BVMS268 |
| 0.38% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $649,606.90 | 609,000 | BRCDDH3 |
| 0.37% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $632,087.65 | 628,000 | BVMDN60 |
| 0.36% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $630,793.24 | 616,000 | BQKRVC1 |
| 0.36% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $629,571.99 | 617,000 | BLB3TG3 |
| 0.36% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $628,971.74 | 601,000 | BPG27W5 |
| 0.36% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $625,449.93 | 613,000 | BP946X2 |
| 0.36% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $624,796.25 | 640,000 | BT3F8Q6 |
| 0.36% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $624,645.13 | 638,000 | BWBZMK1 |
| 0.36% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $621,660.26 | 607,000 | BQXJKM7 |
| 0.35% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $612,571.72 | 629,000 | BMVXP62 |
| 0.35% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $608,549.59 | 621,000 | BM8H4Y8 |
| 0.35% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $605,877.25 | 571,000 | BPBRSM2 |
| 0.35% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $600,534.85 | 602,000 | BQTWXH6 |
| 0.34% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $594,898.72 | 594,000 | BNHS096 |
| 0.34% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $594,637.42 | 779,000 | BV2JDH9 |
| 0.34% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $587,731.47 | 581,000 | BPX27Q2 |
| 0.34% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $586,226.10 | 578,000 | BMXG8Y8 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $576,865.83 | 595,000 | BMH29D8 |
| 0.33% | -- | CARNIVAL CORP LTD | 6.13% | 02/15/2033 | -- | $576,638.90 | 579,000 | BV0YZ47 |
| 0.33% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $568,741.84 | 541,000 | BVMSGF5 |
| 0.33% | -- | LIFEPOINT HEALTH INC | 7.00% | 05/01/2034 | -- | $567,736.71 | 582,000 | BVPPDZ2 |
| 0.33% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $565,700.18 | 548,000 | BTCCGD1 |
| 0.32% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $556,013.04 | 543,000 | BRBCTZ1 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $553,141.05 | 550,000 | BMVXP51 |
| 0.32% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $552,924.36 | 526,000 | BMZMHS1 |
| 0.32% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $550,729.34 | 528,000 | BLDCTF7 |
| 0.32% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $549,825.36 | 560,000 | BTGTPC0 |
| 0.32% | -- | EDGED COMPUTE LLC | 7.50% | 04/30/2031 | -- | $549,468.87 | 561,000 | BT7J9Z0 |
| 0.31% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $544,617.16 | 535,000 | BR4XVS8 |
| 0.31% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $542,535.00 | 525,000 | BTJS1V5 |
| 0.31% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $539,189.98 | 526,000 | BMJ0LG7 |
| 0.31% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $534,691.63 | 550,000 | BSSBTZ8 |
| 0.31% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $532,660.02 | 630,000 | BP7LR98 |
| 0.30% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $526,827.86 | 576,000 | BS84LN9 |
| 0.30% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $526,681.69 | 536,000 | BVBG0S1 |
| 0.30% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $525,470.40 | 525,000 | BRS7WN8 |
| 0.30% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $524,146.46 | 513,000 | BT3FDQ1 |
| 0.30% | -- | COREWEAVE INC | 9.75% | 10/01/2031 | -- | $522,825.89 | 514,000 | BWM2ZQ8 |
| 0.30% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $521,504.88 | 520,000 | BSVLRC8 |
| 0.30% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $519,354.26 | 719,000 | BMWT6D3 |
| 0.30% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $515,343.98 | 575,000 | BM9SD09 |
| 0.30% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $515,281.57 | 509,000 | BVDKGL6 |
| 0.30% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $514,685.01 | 530,000 | BTXQV60 |
| 0.30% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $511,448.09 | 517,000 | BLC9L19 |
| 0.29% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $509,545.26 | 542,000 | BLDBLN6 |
| 0.29% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $505,261.11 | 541,000 | BSJQ190 |
| 0.29% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $504,756.68 | 511,000 | BLDCF37 |
| 0.29% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $504,126.98 | 497,000 | BRZWYJ6 |
| 0.29% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $502,833.94 | 485,000 | BVK4BV6 |
| 0.29% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $502,234.89 | 504,000 | BTJYMV0 |
| 0.29% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $499,593.90 | 534,000 | BQ68CL4 |
| 0.29% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $498,987.12 | 492,000 | BVZMLG0 |
| 0.29% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $497,464.41 | 500,000 | BL9XM77 |
| 0.29% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $496,269.18 | 495,000 | BN6MM59 |
| 0.29% | -- | YUM! BRANDS INC | 5.38% | 04/01/2032 | -- | $495,610.05 | 500,000 | BLBM1S6 |
| 0.29% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $493,050.39 | 489,000 | BT3CPW2 |
| 0.28% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $488,404.32 | 495,000 | BPLPFQ9 |
| 0.28% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $485,332.23 | 485,000 | BTMSZJ8 |
| 0.28% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $484,098.80 | 500,000 | BQ689G8 |
| 0.28% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $483,380.03 | 563,000 | BS3BCF4 |
| 0.28% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $482,956.14 | 496,000 | BT9NKJ1 |
| 0.28% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $480,432.82 | 486,000 | BQT2NG5 |
| 0.28% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $479,946.60 | 450,000 | BR1YSV6 |
| 0.27% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $473,280.93 | 492,000 | BPLFC68 |
| 0.27% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $473,007.71 | 466,000 | BTTRLD4 |
| 0.27% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $472,902.88 | 467,000 | BT7JWZ1 |
| 0.27% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $468,568.05 | 446,000 | BMGC188 |
| 0.27% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $466,203.92 | 522,000 | BVSYM93 |
| 0.27% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $463,973.40 | 450,000 | BR53N25 |
| 0.27% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $463,605.87 | 437,000 | BS88506 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $460,286.06 | 449,000 | BQ9D885 |
| 0.27% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $460,062.32 | 470,000 | BR113M3 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $458,581.75 | 441,000 | BPLL6H5 |
| 0.26% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $457,574.11 | 459,000 | BVYL9V9 |
| 0.26% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $455,780.23 | 442,000 | BSKP420 |
| 0.26% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $453,337.32 | 456,000 | BV4J2P8 |
| 0.26% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $451,427.18 | 433,000 | BP092P0 |
| 0.26% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $448,599.02 | 431,000 | BP488V1 |
| 0.26% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $446,510.03 | 433,000 | BR2NN28 |
| 0.26% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $442,446.33 | 435,000 | BP092B6 |
| 0.25% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $438,772.96 | 436,000 | BN95KZ1 |
| 0.25% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,180.41 | 419,000 | BNRPLW7 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $433,468.41 | 432,000 | BP4YGK4 |
| 0.25% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $432,493.00 | 433,000 | BM9PWX6 |
| 0.25% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $432,447.47 | 611,000 | BM93J39 |
| 0.25% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $431,679.68 | 415,000 | BRC2671 |
| 0.25% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $425,756.68 | 412,000 | BNRPV83 |
| 0.24% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $422,190.67 | 442,000 | BMY8TS4 |
| 0.24% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $421,333.75 | 427,000 | BL54J73 |
| 0.24% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $418,069.59 | 407,000 | BM8SW92 |
| 0.24% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $416,167.67 | 429,000 | BW1N539 |
| 0.24% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $414,569.20 | 400,000 | BVBCQP8 |
| 0.24% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $413,860.38 | 452,000 | BP4Z8H8 |
| 0.24% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $413,613.67 | 408,000 | BQB88K0 |
| 0.24% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $409,957.68 | 418,000 | BMW2F91 |
| 0.24% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $407,377.43 | 391,000 | BMCGQM3 |
| 0.24% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $406,768.76 | 393,000 | BMW2FL3 |
| 0.23% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $404,985.34 | 422,000 | BP83D39 |
| 0.23% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $404,711.79 | 393,000 | BRK14M1 |
| 0.23% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $402,805.74 | 409,000 | BQT3JM6 |
| 0.23% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $402,118.29 | 411,000 | BR1FF63 |
| 0.23% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $399,116.49 | 391,000 | BN49RB3 |
| 0.23% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $397,650.97 | 407,000 | BTMT0G3 |
| 0.23% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $396,718.33 | 417,000 | BN6KWY2 |
| 0.23% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $389,873.40 | 382,000 | BRBDSH9 |
| 0.22% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $386,494.74 | 417,000 | BMCM256 |
| 0.22% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $383,844.47 | 382,000 | BRBVMG0 |
| 0.22% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $382,355.72 | 371,000 | BMC94W8 |
| 0.22% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $376,078.52 | 366,000 | BSNZ6B0 |
| 0.21% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $371,224.17 | 367,000 | BQT2NL0 |
| 0.21% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $367,875.27 | 382,000 | BVRTP89 |
| 0.21% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $363,416.49 | 349,000 | BMCMQL0 |
| 0.21% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $360,846.47 | 367,000 | BSZ7DB3 |
| 0.21% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $359,885.00 | 431,000 | BRPT5J4 |
| 0.20% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $349,126.42 | 347,000 | BMXHQ92 |
| 0.19% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $336,711.82 | 324,000 | BPK4CP5 |
| 0.19% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $330,777.93 | 343,000 | BTZRRR4 |
| 0.18% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $312,162.57 | 325,000 | BSNMMD5 |
| 0.17% | -- | AECOM | 6.00% | 08/01/2033 | -- | $296,288.15 | 297,000 | BV2CGD5 |
| 0.16% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $280,523.03 | 589,000 | BP9LWV3 |
| 0.15% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $256,782.49 | 255,000 | BQ2KRD1 |
| 0.15% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $253,509.33 | 260,000 | BRBNWB1 |
| 0.14% | -- | STANDARD BUILDING SOLUTI | 6.50% | 08/15/2032 | -- | $238,866.56 | 238,000 | BR2NXL7 |
| 0.13% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $227,356.00 | 226,000 | BVCHTT7 |
| 0.13% | -- | FLASH COMPUTE LLC | 7.25% | 12/31/2030 | -- | $221,919.05 | 216,000 | BTBKSX0 |
| 0.12% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $213,178.83 | 233,000 | BMD9BZ9 |
| 0.12% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $205,799.20 | 200,000 | BSML716 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $205,700.44 | 202,000 | BSD6D23 |
| 0.11% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $195,238.51 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $190,608.23 | 183,000 | BPK4TG5 |
| 0.11% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $181,859.88 | 324,000 | BMY0HH5 |
| 0.10% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $176,645.03 | 188,000 | BQ3QRD8 |
| 0.10% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $166,121.01 | 165,000 | BPH25H5 |
| 0.09% | -- | CELANESE US HOLDINGS LLC | 7.70% | 11/15/2033 | -- | $160,035.74 | 150,000 | BRBDWD3 |
| 0.09% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $154,692.15 | 150,000 | BV5GRS6 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $138,965.90 | 135,000 | BNKBFF3 |
| 0.06% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $108,501.29 | 109,000 | BTWSX61 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $103,364.48 | 108,000 | BNZKRX7 |
| 0.05% | -- | NCL CORPORATION LTD | 5.88% | 01/15/2031 | -- | $94,314.00 | 100,000 | BVLD769 |
| 0.05% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $79,456.16 | 80,000 | BS88ZW8 |
| -16.07% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2026 TYM6 COMDTY | -- | -- | -27,798,984 | -- | -255 | -- |
| -32.45% | -- | US 2YR NOTE (CBT) BOND 30/JUN/2026 TUM6 COMDTY | -- | -- | -56,129,750 | -- | -272 | -- |
| -47.64% | -- | US 5YR NOTE (CBT) BOND 30/JUN/2026 FVM6 COMDTY | -- | -- | -82,392,907 | -- | -772 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $8,167,242.11 | 8,167,242 | -- |
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