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 $166,258,563
- 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 4/23/2026- NAV
- NAV Change
- Market Price $64.87
- Market Price Change $-0.01
- Trading Volume (M) 96,486
- 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 $166,258,563
- 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 4/23/2026- NAV
- NAV Change
- Market Price $64.87
- Market Price Change $-0.01
- Trading Volume (M) 96,486
- 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 4/23/2026
| 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 | -- | $2,538,525.02 | 2,471,000 | BS9G792 |
| 1.46% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,430,701.37 | 2,385,000 | BPH26F0 |
| 1.45% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,414,961.95 | 2,308,000 | BNBV5N0 |
| 1.30% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,164,387.47 | 1,995,000 | BR54DP1 |
| 1.21% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,015,130.01 | 2,071,000 | BN2QTP4 |
| 1.12% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,865,899.60 | 1,806,000 | BV4K8M0 |
| 1.10% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,831,694.30 | 1,743,000 | BW5ZMJ6 |
| 0.97% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,607,905.05 | 1,592,000 | BT7MYF4 |
| 0.93% | -- | DISCOVERY HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,547,647.50 | 2,157,000 | BTPF2W8 |
| 0.89% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,475,591.01 | 1,495,000 | BVPVMW0 |
| 0.83% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,377,174.38 | 1,338,000 | BQ67HZ0 |
| 0.80% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,326,220.02 | 1,242,000 | BP2F579 |
| 0.78% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,300,393.75 | 1,250,000 | BRXZ215 |
| 0.78% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,291,084.99 | 1,264,000 | BNM6H94 |
| 0.78% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,290,724.94 | 1,283,000 | BS2FMQ8 |
| 0.77% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,278,634.83 | 1,254,000 | BVDKGM7 |
| 0.72% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,205,141.14 | 1,223,000 | BMVXSB8 |
| 0.72% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,202,426.46 | 1,154,000 | BRK4301 |
| 0.72% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,194,804.24 | 1,176,000 | BSTKQX1 |
| 0.71% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,176,568.67 | 1,179,000 | BSHT8Y5 |
| 0.69% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,146,023.63 | 1,096,000 | BV5GRT7 |
| 0.69% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,139,965.40 | 1,170,000 | BRJQLF9 |
| 0.68% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,137,887.96 | 1,074,000 | BRSF6F2 |
| 0.68% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,125,040.24 | 1,047,000 | BVMR221 |
| 0.67% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,108,754.93 | 1,091,000 | BQKN5B6 |
| 0.67% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,108,248.36 | 1,268,000 | BMVZMH8 |
| 0.66% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,103,291.20 | 1,100,000 | BW2K4P4 |
| 0.66% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,092,028.58 | 1,073,000 | BV6KVR4 |
| 0.65% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,082,915.63 | 1,085,000 | BTFHSL5 |
| 0.64% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,070,329.04 | 1,068,000 | BVF9138 |
| 0.64% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,056,838.94 | 1,098,000 | BS89C64 |
| 0.63% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,054,582.20 | 966,000 | BQ80PR5 |
| 0.62% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,032,329.00 | 1,000,000 | BT7HWD3 |
| 0.62% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,031,367.60 | 1,019,000 | BV99DS3 |
| 0.62% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,027,697.02 | 1,038,000 | BM8K6S5 |
| 0.61% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,022,532.50 | 1,037,000 | BV4FWX4 |
| 0.61% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,020,625.10 | 996,000 | BPLP3M1 |
| 0.61% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $1,007,798.03 | 975,000 | BP9MC16 |
| 0.59% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $985,428.99 | 945,000 | BQ2KRF3 |
| 0.59% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $979,411.30 | 1,000,000 | BVBCQJ2 |
| 0.58% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $972,429.98 | 977,000 | BMWDGR9 |
| 0.58% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $970,773.20 | 1,006,000 | BS2FZM5 |
| 0.58% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $957,668.35 | 937,000 | BQMJ1N6 |
| 0.57% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $951,466.09 | 929,000 | BT7HYL5 |
| 0.57% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $940,823.91 | 931,000 | BNRNCC8 |
| 0.56% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $935,465.95 | 901,000 | BLC8Z03 |
| 0.55% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $921,071.58 | 901,000 | BNZG7Q8 |
| 0.55% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $920,401.31 | 968,000 | BM9YJB0 |
| 0.55% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $917,561.79 | 889,000 | BQB9NW0 |
| 0.54% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $898,914.90 | 941,000 | BN7SNC0 |
| 0.53% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $882,887.41 | 1,001,000 | BM94BT2 |
| 0.52% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $872,660.69 | 875,000 | BVBFJY7 |
| 0.52% | -- | DISCOVERY HOLDINGS INC | 4.28% | 03/15/2032 | -- | $863,640.19 | 951,000 | BRJHSK6 |
| 0.52% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $862,506.80 | 896,000 | BNTZ4D7 |
| 0.52% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $859,577.39 | 835,000 | BS6V604 |
| 0.52% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $857,230.69 | 886,000 | BNW2059 |
| 0.51% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $854,882.25 | 880,000 | BMBJVY0 |
| 0.50% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $831,495.41 | 846,000 | BMV1LQ8 |
| 0.50% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $823,566.82 | 837,353 | BT68Y19 |
| 0.49% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $822,497.80 | 798,000 | BS6S7M4 |
| 0.49% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $819,623.34 | 1,078,000 | BRBCV11 |
| 0.49% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $813,290.12 | 799,000 | BNDQTF3 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $812,979.35 | 826,000 | BJNPGH3 |
| 0.49% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $807,032.60 | 782,000 | BM8K1F7 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $794,992.81 | 793,000 | BPVDS42 |
| 0.47% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $779,481.75 | 750,000 | BVK6BT0 |
| 0.47% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $778,940.96 | 827,000 | BRXCZB7 |
| 0.47% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $778,636.56 | 800,000 | BVK50T0 |
| 0.46% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $770,612.96 | 735,000 | BRT75V6 |
| 0.46% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $765,740.46 | 726,000 | BRQPKY1 |
| 0.46% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $760,238.36 | 742,000 | BTTRMX1 |
| 0.46% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $759,623.40 | 738,000 | BTFHQJ9 |
| 0.45% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $754,312.37 | 748,000 | BQ1PCD2 |
| 0.45% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $753,894.00 | 750,000 | BS84Y29 |
| 0.45% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $743,338.20 | 737,000 | BPW9BQ2 |
| 0.44% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $736,211.02 | 805,000 | BMBVFS8 |
| 0.44% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $732,249.39 | 690,000 | BVK4MV3 |
| 0.43% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $707,804.09 | 767,000 | BMV1L02 |
| 0.42% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $705,707.30 | 651,000 | BR1H4Z1 |
| 0.42% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $705,321.47 | 705,000 | BPP2DX9 |
| 0.42% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $702,830.55 | 685,000 | BSNQ215 |
| 0.42% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $697,177.44 | 695,000 | BTPH0K8 |
| 0.42% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $696,541.59 | 697,000 | BMZBL86 |
| 0.41% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $688,657.00 | 682,000 | BMF9C65 |
| 0.41% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $684,467.66 | 642,000 | BTWWV25 |
| 0.41% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $677,180.61 | 674,000 | BR886L7 |
| 0.40% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $672,524.95 | 649,000 | BTCK903 |
| 0.40% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $663,012.68 | 675,000 | BVMS268 |
| 0.39% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $655,324.74 | 630,000 | BV3PLR2 |
| 0.39% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $647,947.21 | 799,000 | BNNPV76 |
| 0.39% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $644,104.06 | 665,000 | BPVBYZ9 |
| 0.38% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $637,818.04 | 640,000 | BT3F8Q6 |
| 0.38% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $637,262.54 | 613,000 | BP946X2 |
| 0.38% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $636,739.25 | 628,000 | BVMDN60 |
| 0.38% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $630,050.54 | 601,000 | BPG27W5 |
| 0.38% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $629,991.55 | 617,000 | BLB3TG3 |
| 0.38% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $628,141.82 | 638,000 | BWBZMK1 |
| 0.38% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $626,726.73 | 629,000 | BMVXP62 |
| 0.38% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $624,338.96 | 607,000 | BQXJKM7 |
| 0.37% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $609,932.55 | 602,000 | BQTWXH6 |
| 0.36% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $595,442.23 | 594,000 | BNHS096 |
| 0.36% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $593,340.70 | 779,000 | BV2JDH9 |
| 0.36% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $591,109.48 | 571,000 | BV8DHB7 |
| 0.35% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $587,827.33 | 581,000 | BPX27Q2 |
| 0.35% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $586,364.24 | 578,000 | BMXG8Y8 |
| 0.35% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $580,003.80 | 566,000 | BVF9246 |
| 0.34% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $570,283.87 | 548,000 | BTCCGD1 |
| 0.34% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $567,087.48 | 543,000 | BRBCTZ1 |
| 0.34% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $562,899.70 | 550,000 | BMVXP51 |
| 0.34% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $560,290.10 | 556,000 | BQB7JV5 |
| 0.34% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $559,192.91 | 560,000 | BTGTPC0 |
| 0.33% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $557,039.79 | 526,000 | BMZMHS1 |
| 0.33% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $554,636.82 | 630,000 | BP7LR98 |
| 0.33% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $552,043.54 | 528,000 | BLDCTF7 |
| 0.33% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $549,365.01 | 576,000 | BS84LN9 |
| 0.33% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $545,255.54 | 550,000 | BSSBTZ8 |
| 0.33% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $542,713.50 | 525,000 | BTJS1V5 |
| 0.32% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $539,724.97 | 719,000 | BMWT6D3 |
| 0.32% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $539,477.87 | 505,000 | BRCDDH3 |
| 0.32% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $538,736.25 | 559,000 | BMT7QC9 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $530,690.71 | 536,000 | BVBG0S1 |
| 0.32% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $529,461.04 | 575,000 | BM9SD09 |
| 0.32% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $526,570.86 | 563,000 | BS3BCF4 |
| 0.32% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $524,711.79 | 513,000 | BT3FDQ1 |
| 0.31% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $517,741.26 | 530,000 | BTXQV60 |
| 0.31% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $517,605.61 | 542,000 | BLDBLN6 |
| 0.31% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $516,876.00 | 500,000 | BS9C5X0 |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $516,414.50 | 500,000 | BMGDND0 |
| 0.31% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $512,978.50 | 500,000 | BPSN522 |
| 0.31% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $510,478.82 | 517,000 | BLC9L19 |
| 0.31% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $507,423.58 | 497,000 | BRZWYJ6 |
| 0.30% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $506,344.37 | 485,000 | BVK4BV6 |
| 0.30% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $506,110.50 | 500,000 | BL9XM77 |
| 0.30% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $504,577.65 | 511,000 | BLDCF37 |
| 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 | -- | $502,560.00 | 500,000 | BTG0PS9 |
| 0.30% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $502,248.98 | 500,000 | BSHX319 |
| 0.30% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $501,839.86 | 492,000 | BVZMLG0 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $499,919.81 | 495,000 | BN6MM59 |
| 0.30% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $498,737.95 | 489,000 | BT3CPW2 |
| 0.30% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $497,955.90 | 500,000 | BVBFJZ8 |
| 0.30% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $493,630.15 | 500,000 | BQ689G8 |
| 0.30% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $492,495.80 | 500,000 | BW5TCD2 |
| 0.30% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $491,415.87 | 496,000 | BT9NKJ1 |
| 0.29% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $487,951.14 | 522,000 | BVSYM93 |
| 0.29% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $486,257.09 | 486,000 | BQT2NG5 |
| 0.29% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $482,891.85 | 450,000 | BR1YSV6 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $480,892.67 | 464,000 | BQKRVC1 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $478,831.32 | 495,000 | BMH29D8 |
| 0.29% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $478,129.23 | 483,000 | BM8H4Y8 |
| 0.29% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $476,446.32 | 466,000 | BTTRLD4 |
| 0.29% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $474,747.00 | 611,000 | BM93J39 |
| 0.29% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $473,986.32 | 467,000 | BT7JWZ1 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $471,709.23 | 492,000 | BPLFC68 |
| 0.28% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $469,923.44 | 446,000 | BMGC188 |
| 0.28% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $469,618.00 | 467,000 | BMCGQ56 |
| 0.28% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $466,721.75 | 470,000 | BR113M3 |
| 0.28% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $464,304.00 | 437,000 | BS88506 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $462,519.45 | 450,000 | BR53N25 |
| 0.28% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $461,212.38 | 459,000 | BVYL9V9 |
| 0.28% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $460,420.32 | 449,000 | BQ9D885 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $456,946.56 | 441,000 | BPLL6H5 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $455,031.04 | 442,000 | BSKP420 |
| 0.27% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $454,542.13 | 436,000 | BRC2671 |
| 0.27% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $454,077.57 | 448,000 | BV0YZ47 |
| 0.27% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $452,580.69 | 433,000 | BP092P0 |
| 0.27% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $449,592.91 | 431,000 | BP488V1 |
| 0.27% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $445,311.68 | 435,000 | BP092B6 |
| 0.26% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $440,631.63 | 436,000 | BN95KZ1 |
| 0.26% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $439,976.08 | 443,000 | BMHBB51 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $438,739.84 | 432,000 | BP4YGK4 |
| 0.26% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $438,132.80 | 419,000 | BNRPLW7 |
| 0.26% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $432,301.01 | 433,000 | BM9PWX6 |
| 0.26% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $431,675.45 | 413,000 | BV1C948 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $431,011.24 | 427,000 | BL54J73 |
| 0.26% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $426,984.44 | 412,000 | BNRPV83 |
| 0.26% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $426,508.69 | 452,000 | BP4Z8H8 |
| 0.26% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $425,520.48 | 420,000 | BSVLRC8 |
| 0.26% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $425,075.82 | 442,000 | BMY8TS4 |
| 0.25% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $422,829.19 | 425,000 | BRS7WN8 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $422,102.07 | 429,000 | BW1N539 |
| 0.25% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $420,421.21 | 407,000 | BM8SW92 |
| 0.25% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $416,890.73 | 408,000 | BQB88K0 |
| 0.25% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $416,470.12 | 418,000 | BMW2F91 |
| 0.25% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $416,080.20 | 409,000 | BVDKGL6 |
| 0.25% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $415,715.20 | 400,000 | BVBCQP8 |
| 0.25% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $413,833.23 | 391,000 | BVMSGF5 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $411,172.32 | 393,000 | BMW2FL3 |
| 0.25% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $410,914.80 | 391,000 | BMCGQM3 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $405,644.67 | 411,000 | BR1FF63 |
| 0.24% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $405,568.14 | 393,000 | BRK14M1 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $404,865.45 | 422,000 | BP83D39 |
| 0.24% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $399,811.93 | 417,000 | BN6KWY2 |
| 0.24% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $399,779.90 | 417,000 | BMCM256 |
| 0.24% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $399,621.98 | 404,000 | BRT7X56 |
| 0.24% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $398,645.60 | 378,000 | BPBRSM2 |
| 0.24% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $398,176.41 | 391,000 | BN49RB3 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $392,424.40 | 382,000 | BRBDSH9 |
| 0.23% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $385,894.27 | 382,000 | BRBVMG0 |
| 0.23% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $384,148.98 | 371,000 | BMC94W8 |
| 0.22% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $371,841.93 | 382,000 | BVRTP89 |
| 0.22% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $371,507.86 | 367,000 | BQT2NL0 |
| 0.22% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $367,427.56 | 367,000 | BSZ7DB3 |
| 0.22% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $362,547.81 | 349,000 | BMCMQL0 |
| 0.22% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $360,621.94 | 367,000 | BNM5Z19 |
| 0.22% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $359,815.61 | 356,000 | BV4J2P8 |
| 0.21% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $353,794.50 | 354,000 | BTJYMV0 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $350,858.29 | 347,000 | BMXHQ92 |
| 0.21% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $346,855.46 | 333,000 | BR2NN28 |
| 0.21% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $345,547.54 | 338,000 | BR4XVS8 |
| 0.21% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $341,270.07 | 343,000 | BTZRRR4 |
| 0.20% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $338,181.16 | 324,000 | BPK4CP5 |
| 0.20% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $337,438.47 | 335,000 | BTMSZJ8 |
| 0.20% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $336,701.51 | 431,000 | BRPT5J4 |
| 0.20% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $327,974.71 | 312,000 | BMJ0LG7 |
| 0.19% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $319,178.05 | 325,000 | BSNMMD5 |
| 0.19% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $318,720.56 | 331,000 | BSJQ190 |
| 0.19% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $308,261.09 | 309,000 | BQT3JM6 |
| 0.18% | -- | AECOM | 6.00% | 08/01/2033 | -- | $300,616.87 | 297,000 | BV2CGD5 |
| 0.18% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $297,608.54 | 313,000 | BQ68CL4 |
| 0.17% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $286,932.64 | 287,000 | BMD14K1 |
| 0.17% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $283,883.46 | 589,000 | BP9LWV3 |
| 0.17% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $276,219.24 | 266,000 | BSNZ6B0 |
| 0.16% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $257,927.40 | 255,000 | BQ2KRD1 |
| 0.14% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $240,606.54 | 248,000 | BTMT0G3 |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,046.06 | 235,000 | BN765Z1 |
| 0.14% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $227,734.78 | 226,000 | BVCHTT7 |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $218,651.02 | 233,000 | BMD9BZ9 |
| 0.13% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $208,640.00 | 200,000 | BSML716 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $206,697.91 | 202,000 | BSD6D23 |
| 0.12% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $198,976.91 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $186,348.35 | 183,000 | BPK4TG5 |
| 0.11% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $175,138.86 | 188,000 | BQ3QRD8 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $139,906.17 | 135,000 | BNKBFF3 |
| 0.08% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $134,809.81 | 224,000 | BMY0HH5 |
| 0.07% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $109,674.60 | 109,000 | BTWSX61 |
| 0.07% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $109,182.56 | 110,000 | BRBNWB1 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $103,804.92 | 108,000 | BNZKRX7 |
| 0.05% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $86,187.18 | 710,000 | BPGM651 |
| 0.05% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $80,467.28 | 80,000 | BS88ZW8 |
| 0.01% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $13,250.58 | 13,000 | BPH25H5 |
| -12.75% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2026 TYM6 COMDTY | -- | -- | -21,209,953 | -- | -191 | -- |
| -34.91% | -- | US 2YR NOTE (CBT) BOND 30/JUN/2026 TUM6 COMDTY | -- | -- | -58,058,437 | -- | -280 | -- |
| -50.32% | -- | US 5YR NOTE (CBT) BOND 30/JUN/2026 FVM6 COMDTY | -- | -- | -83,682,704 | -- | -774 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,537,050.05 | 7,537,050 | -- |
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