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 $174,406,903
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 5/31/2026- Number of Companies 237
Price
as of 6/02/2026- NAV
- NAV Change
- Market Price $64.76
- Market Price Change $+0.18
- Trading Volume (M) 9,644
- 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 $174,406,903
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 5/31/2026- Number of Companies 237
Price
as of 6/02/2026- NAV
- NAV Change
- Market Price $64.76
- Market Price Change $+0.18
- Trading Volume (M) 9,644
- 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 6/02/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.54% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,679,880.77 | 2,621,000 | BS9G792 |
| 1.39% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,425,857.44 | 2,385,000 | BPH26F0 |
| 1.38% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,405,931.81 | 2,308,000 | BNBV5N0 |
| 1.24% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,166,821.15 | 1,995,000 | BR54DP1 |
| 1.18% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,058,678.77 | 2,071,000 | BN2QTP4 |
| 1.06% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,856,844.32 | 1,806,000 | BV4K8M0 |
| 0.92% | -- | DISCOVERY GLOBAL HOLDINGS INC CALLABLE NOTES FIXED 5.05% 15/MAR/2042 USD 1000 | -- | -- | -- | $1,613,034.52 | 2,157,000 | -- |
| 0.92% | -- | CARNIVAL CORP LTD | 5.75% | 08/01/2032 | -- | $1,599,030.27 | 1,592,000 | BT7MYF4 |
| 0.90% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,572,833.62 | 1,537,000 | BVF9138 |
| 0.89% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,551,700.00 | 1,475,000 | BW5ZMJ6 |
| 0.85% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,480,048.61 | 1,495,000 | BVPVMW0 |
| 0.83% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $1,454,615.40 | 1,400,000 | BVBCQP8 |
| 0.79% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,371,988.75 | 1,338,000 | BQ67HZ0 |
| 0.78% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,356,931.97 | 1,304,000 | BRK4301 |
| 0.77% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,350,140.02 | 1,323,000 | BQKN5B6 |
| 0.77% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $1,345,765.11 | 1,327,000 | BMXG8Y8 |
| 0.77% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $1,341,385.80 | 1,285,000 | BMCGQM3 |
| 0.77% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,337,179.43 | 1,242,000 | BP2F579 |
| 0.75% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,305,178.04 | 1,250,000 | BRXZ215 |
| 0.74% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,287,521.78 | 1,264,000 | BNM6H94 |
| 0.74% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $1,284,765.41 | 1,283,000 | BS2FMQ8 |
| 0.73% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,268,216.28 | 1,254,000 | BVDKGM7 |
| 0.71% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $1,241,716.80 | 1,200,000 | BSML716 |
| 0.69% | -- | OAK-EAGLE ACQUIRECO INC | 7.25% | 07/01/2033 | -- | $1,207,211.63 | 1,159,000 | BTNKKK9 |
| 0.68% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,191,993.60 | 1,176,000 | BSTKQX1 |
| 0.67% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,163,613.34 | 1,179,000 | BSHT8Y5 |
| 0.67% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,160,585.82 | 1,170,000 | BRJQLF9 |
| 0.65% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,137,700.74 | 1,368,000 | BMVZMH8 |
| 0.65% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,130,209.28 | 1,047,000 | BVMR221 |
| 0.65% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,129,143.46 | 1,074,000 | BRSF6F2 |
| 0.63% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $1,092,262.50 | 1,533,000 | BM93J39 |
| 0.62% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,087,626.36 | 1,073,000 | BV6KVR4 |
| 0.62% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $1,081,880.38 | 1,080,000 | BS88ZW8 |
| 0.62% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,076,155.20 | 1,077,000 | BMWDGR9 |
| 0.61% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,071,603.18 | 1,085,000 | BTFHSL5 |
| 0.61% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,070,977.30 | 1,039,000 | BQB9NW0 |
| 0.61% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,061,945.29 | 1,083,000 | BNTZ4D7 |
| 0.61% | -- | OAK-EAGLE ACQUIRECO INC | 8.75% | 07/01/2034 | -- | $1,057,554.77 | 1,000,000 | BTNKNF5 |
| 0.60% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,051,754.72 | 966,000 | BQ80PR5 |
| 0.60% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,050,089.67 | 1,038,000 | BM8K6S5 |
| 0.60% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,048,087.01 | 1,098,000 | BS89C64 |
| 0.60% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $1,040,814.27 | 1,003,000 | BV5GRS6 |
| 0.59% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $1,034,593.78 | 1,026,000 | BVCHTT7 |
| 0.59% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,028,370.57 | 1,019,000 | BV99DS3 |
| 0.59% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,023,060.00 | 1,000,000 | BT7HWD3 |
| 0.58% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,012,544.43 | 1,037,000 | BV4FWX4 |
| 0.58% | -- | MERIDIAN ARC HOLDCO LLC CALLABLE NOTES FIXED 6.25% 30/APR/2031 USD 1000 | -- | -- | -- | $1,004,363.00 | 1,000,000 | -- |
| 0.57% | -- | PR RNO PROPERTY OWNER 1 LLC CALLABLE NOTES FIXED 6.5% 01/MAY/2031 USD 1000 | -- | -- | -- | $1,001,365.15 | 1,000,000 | -- |
| 0.57% | -- | UNIVISION COMMUNICATIONS INC CALLABLE NOTES FIXED 8.875% 15/APR/2033 USD 1000 | -- | -- | -- | $997,165.80 | 1,000,000 | -- |
| 0.57% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $990,701.36 | 1,006,000 | BS2FZM5 |
| 0.57% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $985,755.51 | 945,000 | BQ2KRF3 |
| 0.55% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $961,849.50 | 1,000,000 | BVBCQJ2 |
| 0.55% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $955,427.04 | 937,000 | BQMJ1N6 |
| 0.54% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $947,675.69 | 929,000 | BT7HYL5 |
| 0.54% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $939,133.61 | 931,000 | BNRNCC8 |
| 0.53% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $930,398.33 | 968,000 | BM9YJB0 |
| 0.53% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $919,384.00 | 901,000 | BNZG7Q8 |
| 0.52% | -- | CORE SCIENTIFIC FINANCE I LLC CALLABLE NOTES FIXED 7.75% 15/MAY/2031 USD 1000 | -- | -- | -- | $914,320.37 | 895,000 | -- |
| 0.52% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $905,972.40 | 941,000 | BN7SNC0 |
| 0.52% | -- | CELANESE US HOLDINGS LLC | 7.70% | 11/15/2033 | -- | $901,916.11 | 839,000 | BRBDWD3 |
| 0.50% | -- | DISCOVERY GLOBAL HOLDINGS INC CALLABLE NOTES FIXED 4.279% 15/MAR/2032 USD 1000 | -- | -- | -- | $879,675.00 | 951,000 | -- |
| 0.50% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $871,177.51 | 1,001,000 | BM94BT2 |
| 0.50% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $868,368.55 | 875,000 | BVBFJY7 |
| 0.50% | -- | CENTENE CORP CALLABLE NOTES FIXED 2.625% 01/AUG/2031 USD 1000 | -- | -- | -- | $868,212.50 | 1,000,000 | -- |
| 0.49% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $856,534.95 | 880,000 | BMBJVY0 |
| 0.49% | -- | TALEN ENERGY SUPPLY LLC CALLABLE NOTES FIXED 6.125% 01/MAY/2031 USD 1000 | -- | -- | -- | $847,734.99 | 849,000 | -- |
| 0.47% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $825,331.50 | 798,000 | BS6S7M4 |
| 0.47% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $818,669.06 | 837,353 | BT68Y19 |
| 0.46% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $808,508.10 | 799,000 | BNDQTF3 |
| 0.46% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $795,620.07 | 793,000 | BPVDS42 |
| 0.45% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $792,658.64 | 800,000 | BVK50T0 |
| 0.45% | -- | TALEN ENERGY SUPPLY LLC CALLABLE NOTES FIXED 6.375% 01/MAY/2033 USD 1000 | -- | -- | -- | $788,048.54 | 791,000 | -- |
| 0.45% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $780,065.25 | 750,000 | BVK6BT0 |
| 0.44% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $773,321.99 | 790,000 | BW5TCD2 |
| 0.44% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $770,885.28 | 738,000 | BTFHQJ9 |
| 0.44% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $766,266.86 | 726,000 | BRQPKY1 |
| 0.44% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $765,807.93 | 1,242,000 | BRBCV11 |
| 0.43% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $758,661.74 | 741,000 | BS9C5X0 |
| 0.43% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $754,021.88 | 742,000 | BTTRMX1 |
| 0.43% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $753,133.34 | 736,000 | BVF9246 |
| 0.43% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $751,177.50 | 748,000 | BQ1PCD2 |
| 0.43% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $743,433.60 | 737,000 | BPW9BQ2 |
| 0.42% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $741,034.84 | 827,000 | BRXCZB7 |
| 0.42% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $732,593.15 | 765,000 | BPVBYZ9 |
| 0.41% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $718,634.22 | 694,000 | BPSN522 |
| 0.41% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $718,326.67 | 727,000 | BMCGQ56 |
| 0.41% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $709,652.84 | 706,000 | BQB7JV5 |
| 0.41% | -- | SWORD PURCHASER LLC | 8.25% | 04/15/2033 | -- | $707,407.34 | 687,000 | BWFJMB0 |
| 0.40% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $703,365.60 | 705,000 | BPP2DX9 |
| 0.40% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $702,114.73 | 685,000 | BSNQ215 |
| 0.40% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $700,617.76 | 709,000 | BVBFJZ8 |
| 0.40% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $699,573.32 | 697,000 | BMZBL86 |
| 0.40% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $695,007.65 | 695,000 | BTPH0K8 |
| 0.40% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $689,918.60 | 799,000 | BNNPV76 |
| 0.40% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $689,894.89 | 652,000 | BVK4MV3 |
| 0.39% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $684,942.10 | 642,000 | BTWWV25 |
| 0.39% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $681,090.21 | 682,000 | BMF9C65 |
| 0.39% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $677,916.84 | 649,000 | BTCK903 |
| 0.38% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $671,001.50 | 650,000 | BMGDND0 |
| 0.38% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $666,696.94 | 663,000 | BSHX319 |
| 0.38% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $665,696.68 | 675,000 | BVMS268 |
| 0.38% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $662,279.68 | 630,000 | BV3PLR2 |
| 0.38% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $660,124.04 | 657,000 | BTG0PS9 |
| 0.38% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $658,735.00 | 638,000 | BR55K64 |
| 0.37% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $650,119.59 | 609,000 | BRCDDH3 |
| 0.36% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $633,514.11 | 616,000 | BQKRVC1 |
| 0.36% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $632,564.30 | 628,000 | BVMDN60 |
| 0.36% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $631,270.46 | 640,000 | BT3F8Q6 |
| 0.36% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $629,583.72 | 617,000 | BLB3TG3 |
| 0.36% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $629,385.49 | 613,000 | BP946X2 |
| 0.36% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $628,270.67 | 638,000 | BWBZMK1 |
| 0.35% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $618,144.52 | 607,000 | BQXJKM7 |
| 0.35% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $615,871.32 | 629,000 | BMVXP62 |
| 0.35% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $612,756.23 | 621,000 | BM8H4Y8 |
| 0.35% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $606,109.25 | 602,000 | BQTWXH6 |
| 0.35% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $605,710.44 | 779,000 | BV2JDH9 |
| 0.34% | -- | CARNIVAL CORP LTD | 6.13% | 02/15/2033 | -- | $584,941.12 | 579,000 | BV0YZ47 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $579,448.13 | 595,000 | BMH29D8 |
| 0.33% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $570,533.76 | 548,000 | BTCCGD1 |
| 0.33% | -- | LIFEPOINT HEALTH INC | 7.00% | 05/01/2034 | -- | $568,326.26 | 582,000 | BVPPDZ2 |
| 0.32% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $561,403.36 | 543,000 | BRBCTZ1 |
| 0.32% | -- | EDGED COMPUTE LLC | 7.50% | 04/30/2031 | -- | $560,617.45 | 561,000 | BT7J9Z0 |
| 0.32% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $556,362.30 | 560,000 | BTGTPC0 |
| 0.32% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $555,756.96 | 528,000 | BLDCTF7 |
| 0.32% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $555,056.24 | 526,000 | BMZMHS1 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $554,984.10 | 550,000 | BMVXP51 |
| 0.31% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $549,047.60 | 537,000 | BV1C948 |
| 0.31% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $543,275.25 | 525,000 | BTJS1V5 |
| 0.31% | -- | SOLARIS ENERGY INFRASTRUCTURE LLC CALLABLE NOTES FIXED 6.375% 15/MAY/2031 USD 1000 | -- | -- | -- | $540,328.99 | 532,000 | -- |
| 0.31% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $537,108.00 | 550,000 | BSSBTZ8 |
| 0.31% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $536,169.16 | 526,000 | BMJ0LG7 |
| 0.31% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $533,183.55 | 630,000 | BP7LR98 |
| 0.30% | -- | COREWEAVE INC | 9.75% | 10/01/2031 | -- | $531,995.41 | 514,000 | BWM2ZQ8 |
| 0.30% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $528,819.05 | 536,000 | BVBG0S1 |
| 0.30% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $526,827.47 | 530,000 | BTXQV60 |
| 0.30% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $525,840.53 | 525,000 | BRS7WN8 |
| 0.30% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $523,913.30 | 576,000 | BS84LN9 |
| 0.30% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $523,763.49 | 513,000 | BT3FDQ1 |
| 0.30% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $523,323.31 | 575,000 | BM9SD09 |
| 0.30% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $519,640.08 | 541,000 | BSJQ190 |
| 0.30% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $517,640.84 | 542,000 | BLDBLN6 |
| 0.30% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $516,264.45 | 509,000 | BVDKGL6 |
| 0.29% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $514,305.19 | 517,000 | BLC9L19 |
| 0.29% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $512,554.00 | 500,000 | BL9XM77 |
| 0.29% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $509,923.05 | 511,000 | BLDCF37 |
| 0.29% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $506,439.43 | 485,000 | BVK4BV6 |
| 0.29% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $505,868.20 | 719,000 | BMWT6D3 |
| 0.29% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $502,915.24 | 504,000 | BTJYMV0 |
| 0.29% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $502,455.00 | 492,000 | BVZMLG0 |
| 0.29% | -- | YUM! BRANDS INC | 5.38% | 04/01/2032 | -- | $498,562.62 | 500,000 | BLBM1S6 |
| 0.28% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $496,844.99 | 563,000 | BS3BCF4 |
| 0.28% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $495,534.11 | 495,000 | BN6MM59 |
| 0.28% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $492,157.09 | 495,000 | BPLPFQ9 |
| 0.28% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $489,390.95 | 500,000 | BQ689G8 |
| 0.28% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $487,017.39 | 485,000 | BTMSZJ8 |
| 0.28% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $487,014.77 | 486,000 | BQT2NG5 |
| 0.28% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $486,592.56 | 489,000 | BT3CPW2 |
| 0.28% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $485,613.12 | 496,000 | BT9NKJ1 |
| 0.28% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $480,083.87 | 522,000 | BVSYM93 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $479,878.43 | 492,000 | BPLFC68 |
| 0.27% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $479,318.40 | 450,000 | BR1YSV6 |
| 0.27% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $474,373.55 | 466,000 | BTTRLD4 |
| 0.27% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $473,454.08 | 467,000 | BT7JWZ1 |
| 0.27% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $471,034.06 | 446,000 | BMGC188 |
| 0.27% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $463,614.30 | 450,000 | BR53N25 |
| 0.27% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $463,417.83 | 470,000 | BR113M3 |
| 0.26% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $460,683.43 | 449,000 | BQ9D885 |
| 0.26% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $460,060.75 | 459,000 | BVYL9V9 |
| 0.26% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $459,328.34 | 456,000 | BV4J2P8 |
| 0.26% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $457,253.94 | 441,000 | BPLL6H5 |
| 0.26% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $456,439.26 | 442,000 | BSKP420 |
| 0.26% | -- | CENTENE CORP CALLABLE NOTES FIXED 2.45% 15/JUL/2028 USD 1000 | -- | -- | -- | $452,142.72 | 477,000 | -- |
| 0.26% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $451,948.08 | 433,000 | BP092P0 |
| 0.26% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $448,428.78 | 431,000 | BP488V1 |
| 0.26% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $447,239.64 | 433,000 | BR2NN28 |
| 0.25% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $443,456.40 | 435,000 | BP092B6 |
| 0.25% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,822.41 | 436,000 | BN95KZ1 |
| 0.25% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,828.60 | 419,000 | BNRPLW7 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $436,280.26 | 432,000 | BP4YGK4 |
| 0.25% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $432,883.00 | 433,000 | BM9PWX6 |
| 0.25% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $430,363.95 | 442,000 | BMY8TS4 |
| 0.25% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $428,480.00 | 412,000 | BNRPV83 |
| 0.24% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $422,352.23 | 427,000 | BL54J73 |
| 0.24% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $418,845.90 | 429,000 | BW1N539 |
| 0.24% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $418,380.53 | 407,000 | BM8SW92 |
| 0.24% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $418,191.35 | 415,000 | BSVLRC8 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $416,740.64 | 411,000 | BR1FF63 |
| 0.24% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $416,630.59 | 452,000 | BP4Z8H8 |
| 0.24% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $414,171.82 | 408,000 | BQB88K0 |
| 0.24% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $413,686.24 | 418,000 | BMW2F91 |
| 0.23% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $407,650.78 | 422,000 | BP83D39 |
| 0.23% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $406,755.00 | 393,000 | BMW2FL3 |
| 0.23% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $406,297.55 | 393,000 | BRK14M1 |
| 0.23% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $406,131.85 | 409,000 | BQT3JM6 |
| 0.23% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $402,431.55 | 407,000 | BTMT0G3 |
| 0.23% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $401,154.66 | 391,000 | BN49RB3 |
| 0.23% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $400,320.09 | 417,000 | BN6KWY2 |
| 0.22% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $391,190.54 | 382,000 | BRBDSH9 |
| 0.22% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $385,274.77 | 417,000 | BMCM256 |
| 0.22% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $385,188.15 | 371,000 | BMC94W8 |
| 0.22% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $384,791.47 | 382,000 | BRBVMG0 |
| 0.22% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $378,987.87 | 366,000 | BSNZ6B0 |
| 0.21% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $372,259.57 | 382,000 | BVRTP89 |
| 0.21% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $368,075.31 | 367,000 | BQT2NL0 |
| 0.21% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $366,947.33 | 349,000 | BMCMQL0 |
| 0.21% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $365,328.98 | 367,000 | BSZ7DB3 |
| 0.20% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $353,023.93 | 336,000 | BVMSGF5 |
| 0.20% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $350,661.60 | 431,000 | BRPT5J4 |
| 0.20% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $350,149.37 | 347,000 | BMXHQ92 |
| 0.19% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $337,280.11 | 324,000 | BPK4CP5 |
| 0.19% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $335,091.79 | 343,000 | BTZRRR4 |
| 0.18% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $312,023.14 | 325,000 | BSNMMD5 |
| 0.17% | -- | AECOM | 6.00% | 08/01/2033 | -- | $297,691.71 | 297,000 | BV2CGD5 |
| 0.16% | -- | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP CALLABLE NOTES FIXED 7% 01/FEB/2033 USD 1000 | -- | -- | -- | $287,462.91 | 295,000 | -- |
| 0.15% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $259,078.07 | 255,000 | BQ2KRD1 |
| 0.15% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $253,270.00 | 589,000 | BP9LWV3 |
| 0.15% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $253,083.12 | 260,000 | BRBNWB1 |
| 0.14% | -- | STANDARD BUILDING SOLUTI | 6.50% | 08/15/2032 | -- | $241,249.94 | 238,000 | BR2NXL7 |
| 0.13% | -- | FLASH COMPUTE LLC | 7.25% | 12/31/2030 | -- | $222,807.46 | 216,000 | BTBKSX0 |
| 0.12% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $216,829.52 | 217,000 | BR886L7 |
| 0.12% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $214,338.05 | 233,000 | BMD9BZ9 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $206,219.17 | 202,000 | BSD6D23 |
| 0.11% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $198,986.99 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $191,454.97 | 183,000 | BPK4TG5 |
| 0.10% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $180,504.59 | 188,000 | BQ3QRD8 |
| 0.10% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $167,492.99 | 165,000 | BPH25H5 |
| 0.09% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $161,504.62 | 156,000 | BLC8Z03 |
| 0.09% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $157,135.33 | 157,000 | BS84Y29 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $139,192.16 | 135,000 | BNKBFF3 |
| 0.08% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $133,604.91 | 139,000 | BQ68CL4 |
| 0.07% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $120,213.41 | 117,000 | BV8DHB7 |
| 0.06% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $109,079.83 | 109,000 | BTWSX61 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $103,710.42 | 108,000 | BNZKRX7 |
| 0.06% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $100,161.70 | 96,000 | BV5GRT7 |
| 0.06% | -- | NCL CORPORATION LTD | 5.88% | 01/15/2031 | -- | $96,517.60 | 100,000 | BVLD769 |
| 0.05% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $82,934.96 | 82,000 | BPX27Q2 |
| 0.03% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $52,215.63 | 49,000 | BPBRSM2 |
| -15.53% | -- | US 10YR NOTE (CBT) BOND 21/SEP/2026 TYU6 COMDTY | -- | -- | -27,096,672 | -- | -247 | -- |
| -32.18% | -- | US 2YR NOTE (CBT) BOND 30/SEP/2026 TUU6 COMDTY | -- | -- | -56,142,500 | -- | -272 | -- |
| -47.51% | -- | US 5YR NOTE (CBT) BOND 30/SEP/2026 FVU6 COMDTY | -- | -- | -82,878,469 | -- | -774 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $9,271,667.56 | 9,271,668 | -- |
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