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 3/31/2026
| 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% | -- |
| 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 $168,087,490
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 3/31/2026- Number of Companies 243
- Net Effective Duration -0.07522
Price
as of 4/30/2026- NAV
- NAV Change
- Market Price $64.87
- Market Price Change $+0.11
- Trading Volume (M) 10,980
- View Premium / Discount
Distributions
as of 3/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 7.16%
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 6.95%
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 $168,087,490
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 3/31/2026- Number of Companies 243
- Net Effective Duration -0.07522
Price
as of 4/30/2026- NAV
- NAV Change
- Market Price $64.87
- Market Price Change $+0.11
- Trading Volume (M) 10,980
- View Premium / Discount
Distributions
as of 3/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 7.16%
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 6.95%
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 4/30/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.53% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,552,549.33 | 2,471,000 | BS9G792 |
| 1.45% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,418,516.41 | 2,385,000 | BPH26F0 |
| 1.44% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,410,687.63 | 2,308,000 | BNBV5N0 |
| 1.30% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,167,443.81 | 1,995,000 | BR54DP1 |
| 1.21% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,014,710.86 | 2,071,000 | BN2QTP4 |
| 1.11% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,863,849.56 | 1,806,000 | BV4K8M0 |
| 1.10% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,832,569.28 | 1,743,000 | BW5ZMJ6 |
| 0.96% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,599,794.43 | 1,592,000 | BT7MYF4 |
| 0.92% | -- | DISCOVERY HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,537,876.29 | 2,157,000 | BTPF2W8 |
| 0.88% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,466,904.85 | 1,495,000 | BVPVMW0 |
| 0.84% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,403,994.58 | 1,387,000 | BVF9138 |
| 0.82% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,370,511.37 | 1,338,000 | BQ67HZ0 |
| 0.80% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,332,946.69 | 1,242,000 | BP2F579 |
| 0.78% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,300,547.50 | 1,250,000 | BRXZ215 |
| 0.77% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,290,192.50 | 1,283,000 | BS2FMQ8 |
| 0.77% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,289,239.55 | 1,264,000 | BNM6H94 |
| 0.76% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,269,183.43 | 1,254,000 | BVDKGM7 |
| 0.75% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $1,248,926.51 | 1,207,000 | BV1C948 |
| 0.72% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,205,619.58 | 1,223,000 | BMVXSB8 |
| 0.72% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,203,084.24 | 1,154,000 | BRK4301 |
| 0.71% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,187,230.80 | 1,176,000 | BSTKQX1 |
| 0.70% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,171,887.21 | 1,179,000 | BSHT8Y5 |
| 0.69% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,148,112.03 | 1,170,000 | BRJQLF9 |
| 0.69% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,147,760.79 | 1,096,000 | BV5GRT7 |
| 0.68% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,135,844.14 | 1,074,000 | BRSF6F2 |
| 0.67% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,123,965.29 | 1,047,000 | BVMR221 |
| 0.66% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,103,666.82 | 1,100,000 | BW2K4P4 |
| 0.66% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,103,295.45 | 1,091,000 | BQKN5B6 |
| 0.65% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,086,418.22 | 1,073,000 | BV6KVR4 |
| 0.64% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,077,569.59 | 1,085,000 | BTFHSL5 |
| 0.64% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,062,976.45 | 1,268,000 | BMVZMH8 |
| 0.63% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,054,150.14 | 966,000 | BQ80PR5 |
| 0.63% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,048,600.54 | 1,098,000 | BS89C64 |
| 0.62% | -- | OAK-EAGLE ACQUIRECO INC CALLABLE NOTES FIXED 8.75% 01/JUL/2034 USD 1000 | -- | -- | -- | $1,038,046.55 | 1,000,000 | -- |
| 0.62% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,037,309.73 | 1,038,000 | BM8K6S5 |
| 0.62% | -- | OAK-EAGLE ACQUIRECO INC CALLABLE NOTES FIXED 7.25% 01/JUL/2033 USD 1000 | -- | -- | -- | $1,029,154.63 | 1,000,000 | -- |
| 0.61% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,027,290.00 | 1,000,000 | BT7HWD3 |
| 0.61% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,026,537.54 | 1,019,000 | BV99DS3 |
| 0.61% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,020,972.96 | 1,037,000 | BV4FWX4 |
| 0.61% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,019,525.52 | 996,000 | BPLP3M1 |
| 0.60% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $1,010,158.50 | 975,000 | BP9MC16 |
| 0.59% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $980,701.16 | 945,000 | BQ2KRF3 |
| 0.59% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $978,386.51 | 1,006,000 | BS2FZM5 |
| 0.58% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $973,432.70 | 1,000,000 | BVBCQJ2 |
| 0.58% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $972,250.02 | 977,000 | BMWDGR9 |
| 0.57% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $953,834.14 | 937,000 | BQMJ1N6 |
| 0.57% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $945,851.13 | 929,000 | BT7HYL5 |
| 0.56% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $942,003.49 | 931,000 | BNRNCC8 |
| 0.56% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $935,238.00 | 901,000 | BLC8Z03 |
| 0.55% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $917,996.46 | 901,000 | BNZG7Q8 |
| 0.55% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $917,798.27 | 889,000 | BQB9NW0 |
| 0.54% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $908,060.57 | 968,000 | BM9YJB0 |
| 0.54% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $897,079.50 | 941,000 | BN7SNC0 |
| 0.52% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $876,907.93 | 1,001,000 | BM94BT2 |
| 0.52% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $870,112.14 | 896,000 | BNTZ4D7 |
| 0.52% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $867,637.58 | 875,000 | BVBFJY7 |
| 0.51% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $859,907.22 | 835,000 | BS6V604 |
| 0.51% | -- | DISCOVERY HOLDINGS INC | 4.28% | 03/15/2032 | -- | $859,466.25 | 951,000 | BRJHSK6 |
| 0.51% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $854,577.33 | 880,000 | BMBJVY0 |
| 0.49% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $823,842.48 | 837,353 | BT68Y19 |
| 0.49% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $822,291.12 | 798,000 | BS6S7M4 |
| 0.49% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $814,491.81 | 799,000 | BNDQTF3 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $795,000.74 | 793,000 | BPVDS42 |
| 0.47% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $788,973.94 | 800,000 | BVK50T0 |
| 0.46% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $777,319.82 | 750,000 | BVK6BT0 |
| 0.46% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $772,652.19 | 1,078,000 | BRBCV11 |
| 0.46% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $770,995.16 | 735,000 | BRT75V6 |
| 0.46% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $765,676.24 | 726,000 | BRQPKY1 |
| 0.46% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $765,649.17 | 827,000 | BRXCZB7 |
| 0.46% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $761,388.62 | 741,000 | BS9C5X0 |
| 0.45% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $758,314.84 | 742,000 | BTTRMX1 |
| 0.45% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $757,777.66 | 738,000 | BTFHQJ9 |
| 0.45% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $756,658.85 | 748,000 | BQ1PCD2 |
| 0.45% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $752,420.90 | 736,000 | BVF9246 |
| 0.45% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $751,135.50 | 750,000 | BS84Y29 |
| 0.44% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $741,113.20 | 737,000 | BPW9BQ2 |
| 0.44% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $731,867.27 | 727,000 | BMCGQ56 |
| 0.42% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $706,845.41 | 805,000 | BMBVFS8 |
| 0.42% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $705,665.82 | 681,000 | BV8DHB7 |
| 0.42% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $702,615.20 | 705,000 | BPP2DX9 |
| 0.42% | -- | SWORD PURCHASER LLC CALLABLE NOTES FIXED 8.25% 15/APR/2033 USD 1000 | -- | -- | -- | $702,326.45 | 687,000 | -- |
| 0.42% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $699,778.13 | 695,000 | BTPH0K8 |
| 0.42% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $699,100.73 | 685,000 | BSNQ215 |
| 0.42% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $694,759.70 | 697,000 | BMZBL86 |
| 0.41% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $693,391.57 | 652,000 | BVK4MV3 |
| 0.41% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $680,546.39 | 682,000 | BMF9C65 |
| 0.41% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $680,440.04 | 642,000 | BTWWV25 |
| 0.40% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $675,629.73 | 674,000 | BR886L7 |
| 0.40% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $672,996.24 | 649,000 | BTCK903 |
| 0.39% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $659,758.30 | 675,000 | BVMS268 |
| 0.39% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $658,478.38 | 630,000 | BV3PLR2 |
| 0.39% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $656,435.44 | 663,000 | BSHX319 |
| 0.39% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $647,306.65 | 799,000 | BNNPV76 |
| 0.38% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $640,128.10 | 665,000 | BPVBYZ9 |
| 0.38% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $635,540.01 | 613,000 | BP946X2 |
| 0.38% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $634,075.90 | 628,000 | BVMDN60 |
| 0.38% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $630,785.56 | 601,000 | BPG27W5 |
| 0.38% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $630,537.57 | 617,000 | BLB3TG3 |
| 0.38% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $630,321.68 | 638,000 | BWBZMK1 |
| 0.38% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $629,142.34 | 640,000 | BT3F8Q6 |
| 0.37% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $625,911.11 | 629,000 | BMVXP62 |
| 0.37% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $624,317.71 | 607,000 | BQXJKM7 |
| 0.37% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $612,956.06 | 621,000 | BM8H4Y8 |
| 0.36% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $604,418.68 | 609,000 | BVBFJZ8 |
| 0.36% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $604,319.77 | 779,000 | BV2JDH9 |
| 0.36% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $603,310.59 | 602,000 | BQTWXH6 |
| 0.36% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $595,238.49 | 594,000 | BNHS096 |
| 0.35% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $589,279.83 | 581,000 | BPX27Q2 |
| 0.35% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $587,022.62 | 579,000 | BV0YZ47 |
| 0.35% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $586,393.80 | 578,000 | BMXG8Y8 |
| 0.34% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $569,298.02 | 548,000 | BTCCGD1 |
| 0.34% | -- | LIFEPOINT HEALTH INC CALLABLE NOTES FIXED 7% 01/MAY/2034 USD 1000 | -- | -- | -- | $567,384.50 | 582,000 | -- |
| 0.34% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $564,791.68 | 543,000 | BRBCTZ1 |
| 0.34% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $560,826.31 | 550,000 | BMVXP51 |
| 0.33% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $557,890.96 | 556,000 | BQB7JV5 |
| 0.33% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $556,566.91 | 526,000 | BMZMHS1 |
| 0.33% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $555,842.17 | 560,000 | BTGTPC0 |
| 0.33% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $552,748.94 | 528,000 | BLDCTF7 |
| 0.33% | -- | EDGED COMPUTE LLC CALLABLE NOTES FIXED 7.5% 30/APR/2031 USD 1000 | -- | -- | -- | $549,201.01 | 561,000 | -- |
| 0.33% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $544,987.74 | 630,000 | BP7LR98 |
| 0.32% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $542,936.16 | 576,000 | BS84LN9 |
| 0.32% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $542,571.75 | 525,000 | BTJS1V5 |
| 0.32% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $541,009.18 | 550,000 | BSSBTZ8 |
| 0.32% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $537,208.40 | 505,000 | BRCDDH3 |
| 0.32% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $528,993.25 | 719,000 | BMWT6D3 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $527,885.01 | 536,000 | BVBG0S1 |
| 0.31% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $524,733.38 | 513,000 | BT3FDQ1 |
| 0.31% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $523,583.96 | 525,000 | BRS7WN8 |
| 0.31% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $520,469.13 | 575,000 | BM9SD09 |
| 0.31% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $517,611.62 | 563,000 | BS3BCF4 |
| 0.31% | -- | COREWEAVE INC CALLABLE NOTES FIXED 9.75% 01/OCT/2031 USD 1000 | -- | -- | -- | $517,081.77 | 514,000 | -- |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $516,471.00 | 500,000 | BMGDND0 |
| 0.31% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $516,229.80 | 542,000 | BLDBLN6 |
| 0.31% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $515,953.20 | 530,000 | BTXQV60 |
| 0.31% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $515,805.50 | 500,000 | BPSN522 |
| 0.31% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $515,591.12 | 541,000 | BSJQ190 |
| 0.30% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $509,640.51 | 517,000 | BLC9L19 |
| 0.30% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $506,741.58 | 485,000 | BVK4BV6 |
| 0.30% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $506,452.44 | 497,000 | BRZWYJ6 |
| 0.30% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $504,968.34 | 534,000 | BQ68CL4 |
| 0.30% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $503,860.00 | 488,000 | BR55K64 |
| 0.30% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $503,290.92 | 500,000 | BTG0PS9 |
| 0.30% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $503,179.72 | 492,000 | BVZMLG0 |
| 0.30% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $500,240.00 | 500,000 | BL9XM77 |
| 0.30% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $499,368.04 | 511,000 | BLDCF37 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $497,515.10 | 495,000 | BN6MM59 |
| 0.30% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $496,307.22 | 489,000 | BT3CPW2 |
| 0.30% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $494,814.52 | 495,000 | BPLPFQ9 |
| 0.30% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $494,105.45 | 500,000 | BW5TCD2 |
| 0.29% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $491,616.10 | 500,000 | BQ689G8 |
| 0.29% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $490,947.19 | 496,000 | BT9NKJ1 |
| 0.29% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $485,458.45 | 486,000 | BQT2NG5 |
| 0.29% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $484,059.58 | 522,000 | BVSYM93 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $481,633.86 | 495,000 | BMH29D8 |
| 0.29% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $480,084.75 | 450,000 | BR1YSV6 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $479,971.81 | 464,000 | BQKRVC1 |
| 0.29% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $478,455.77 | 611,000 | BM93J39 |
| 0.28% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $475,561.04 | 467,000 | BT7JWZ1 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $475,518.64 | 492,000 | BPLFC68 |
| 0.28% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $474,301.32 | 466,000 | BTTRLD4 |
| 0.28% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $470,079.99 | 446,000 | BMGC188 |
| 0.28% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $464,784.94 | 470,000 | BR113M3 |
| 0.28% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $463,948.48 | 437,000 | BS88506 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $462,998.70 | 450,000 | BR53N25 |
| 0.28% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $462,324.97 | 449,000 | BQ9D885 |
| 0.27% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $459,452.12 | 459,000 | BVYL9V9 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $458,197.09 | 442,000 | BSKP420 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $457,242.03 | 441,000 | BPLL6H5 |
| 0.27% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $454,823.43 | 436,000 | BRC2671 |
| 0.27% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $452,310.07 | 433,000 | BP092P0 |
| 0.27% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $449,399.07 | 431,000 | BP488V1 |
| 0.27% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $445,429.13 | 435,000 | BP092B6 |
| 0.26% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,702.08 | 436,000 | BN95KZ1 |
| 0.26% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,983.63 | 419,000 | BNRPLW7 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $437,866.65 | 432,000 | BP4YGK4 |
| 0.26% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $431,832.98 | 433,000 | BM9PWX6 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $426,533.97 | 427,000 | BL54J73 |
| 0.25% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $425,403.13 | 412,000 | BNRPV83 |
| 0.25% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $423,819.90 | 420,000 | BSVLRC8 |
| 0.25% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $421,374.79 | 452,000 | BP4Z8H8 |
| 0.25% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $420,443.00 | 442,000 | BMY8TS4 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $419,978.82 | 429,000 | BW1N539 |
| 0.25% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $419,735.03 | 407,000 | BM8SW92 |
| 0.25% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $415,097.37 | 409,000 | BVDKGL6 |
| 0.25% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $415,056.36 | 408,000 | BQB88K0 |
| 0.25% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $414,535.83 | 418,000 | BMW2F91 |
| 0.25% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $414,073.79 | 400,000 | BVBCQP8 |
| 0.25% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $411,602.18 | 391,000 | BVMSGF5 |
| 0.25% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $410,160.93 | 391,000 | BMCGQM3 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $409,678.92 | 393,000 | BMW2FL3 |
| 0.24% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $405,365.35 | 393,000 | BRK14M1 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $404,088.25 | 422,000 | BP83D39 |
| 0.24% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $400,593.44 | 378,000 | BPBRSM2 |
| 0.24% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $399,813.51 | 417,000 | BN6KWY2 |
| 0.24% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $398,282.83 | 417,000 | BMCM256 |
| 0.24% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $397,384.89 | 391,000 | BN49RB3 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $394,925.79 | 411,000 | BR1FF63 |
| 0.23% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $391,925.12 | 382,000 | BRBDSH9 |
| 0.23% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $389,212.16 | 382,000 | BRBVMG0 |
| 0.23% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $382,816.35 | 371,000 | BMC94W8 |
| 0.22% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $372,523.35 | 367,000 | BQT2NL0 |
| 0.22% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $370,249.13 | 382,000 | BVRTP89 |
| 0.22% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $365,576.80 | 349,000 | BMCMQL0 |
| 0.22% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $364,742.07 | 367,000 | BSZ7DB3 |
| 0.21% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $359,206.85 | 356,000 | BV4J2P8 |
| 0.21% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $353,886.72 | 354,000 | BTJYMV0 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $350,715.33 | 347,000 | BMXHQ92 |
| 0.21% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $346,021.89 | 431,000 | BRPT5J4 |
| 0.21% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $345,695.58 | 338,000 | BR4XVS8 |
| 0.21% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $345,079.18 | 333,000 | BR2NN28 |
| 0.20% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $338,378.83 | 343,000 | BTZRRR4 |
| 0.20% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $337,849.70 | 324,000 | BPK4CP5 |
| 0.20% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $337,432.44 | 335,000 | BTMSZJ8 |
| 0.20% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $328,486.08 | 312,000 | BMJ0LG7 |
| 0.19% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $314,976.42 | 325,000 | BSNMMD5 |
| 0.18% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $307,185.12 | 309,000 | BQT3JM6 |
| 0.18% | -- | AECOM | 6.00% | 08/01/2033 | -- | $299,364.81 | 297,000 | BV2CGD5 |
| 0.17% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $290,082.50 | 589,000 | BP9LWV3 |
| 0.16% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $274,708.96 | 266,000 | BSNZ6B0 |
| 0.15% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $258,902.78 | 255,000 | BQ2KRD1 |
| 0.15% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $244,077.83 | 248,000 | BTMT0G3 |
| 0.14% | -- | STANDARD BUILDING SOLUTIONS INC CALLABLE NOTES FIXED 6.5% 15/AUG/2032 USD 1000 | -- | -- | -- | $240,414.03 | 238,000 | -- |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,171.08 | 235,000 | BN765Z1 |
| 0.14% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $229,119.03 | 226,000 | BVCHTT7 |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $216,247.49 | 233,000 | BMD9BZ9 |
| 0.12% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $207,914.27 | 200,000 | BSML716 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $206,045.25 | 202,000 | BSD6D23 |
| 0.12% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $198,117.20 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $188,952.84 | 183,000 | BPK4TG5 |
| 0.10% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $170,331.82 | 188,000 | BQ3QRD8 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $139,958.42 | 135,000 | BNKBFF3 |
| 0.08% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $130,622.46 | 224,000 | BMY0HH5 |
| 0.07% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $109,404.50 | 109,000 | BTWSX61 |
| 0.06% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $108,498.73 | 110,000 | BRBNWB1 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $104,090.91 | 108,000 | BNZKRX7 |
| 0.05% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $79,953.72 | 80,000 | BS88ZW8 |
| 0.01% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $13,186.25 | 13,000 | BPH25H5 |
| -15.08% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2026 TYM6 COMDTY | -- | -- | -25,215,375 | -- | -228 | -- |
| -33.20% | -- | US 2YR NOTE (CBT) BOND 30/JUN/2026 TUM6 COMDTY | -- | -- | -55,509,500 | -- | -268 | -- |
| -47.67% | -- | US 5YR NOTE (CBT) BOND 30/JUN/2026 FVM6 COMDTY | -- | -- | -79,690,758 | -- | -739 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,580,116.63 | 7,580,117 | -- |
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