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 7/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.35% | 1.45% | 2.91% | 3.64% | 6.34% | 8.65% | 7.09% | 6.04% | 4.21% | 05/21/2013 |
| HYHG Market Price | 0.50% | 1.64% | 2.95% | 4.07% | 6.82% | 8.79% | 7.15% | 6.10% | 4.26% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.18% | 1.41% | 3.03% | 3.95% | 6.68% | 8.99% | 7.50% | 6.52% | 4.89% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.18% | 2.99% | 3.28% | 3.28% | 6.79% | 9.15% | 6.88% | 6.24% | 4.21% | 05/21/2013 |
| HYHG Market Price | 0.45% | 3.54% | 3.55% | 3.55% | 7.16% | 9.10% | 6.93% | 6.24% | 4.24% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.19% | 3.29% | 3.76% | 3.76% | 7.42% | 9.54% | 7.34% | 6.74% | 4.91% | -- |
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 $203,767,170
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 7/31/2026- Number of Companies 245
- Weighted Average Yield to
Maturity7.54% - Net Effective Duration -0.08927
Price
as of 8/26/2026- NAV
- NAV Change
- Market Price $64.82
- Market Price Change $-0.02
- Trading Volume (M) 16,103
- 30-Day Median Bid Ask Spread 0.42%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.97%
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 6.74%
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 $203,767,170
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 7/31/2026- Number of Companies 245
- Weighted Average Yield to
Maturity7.54% - Net Effective Duration -0.08927
Price
as of 8/26/2026- NAV
- NAV Change
- Market Price $64.82
- Market Price Change $-0.02
- Trading Volume (M) 16,103
- 30-Day Median Bid Ask Spread 0.42%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.97%
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 6.74%
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 8/26/2026
| 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 | -- | $3,138,532.35 | 3,032,000 | BS9G792 |
| 1.44% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,926,059.32 | 2,885,000 | BPH26F0 |
| 1.21% | -- | MERIDIAN ARC HOLDCO LLC | 6.25% | 04/30/2031 | -- | $2,461,602.29 | 2,576,000 | BX54MW3 |
| 1.20% | -- | CLOUD SOFTWARE GRP LLC | 6.50% | 03/31/2029 | -- | $2,439,985.86 | 2,464,000 | BN2QTP4 |
| 1.13% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,303,371.08 | 2,308,000 | BNBV5N0 |
| 1.02% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $2,069,821.45 | 2,029,000 | BV4K8M0 |
| 0.94% | -- | UNIVISION COMMUNICATIONS | 8.88% | 04/15/2033 | -- | $1,923,516.97 | 1,950,000 | BTWQYH3 |
| 0.93% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $1,900,549.55 | 1,891,000 | BMXG8Y8 |
| 0.90% | -- | GALAXY HELIOS DATA CNTR | 9.88% | 08/01/2031 | -- | $1,836,400.28 | 1,850,000 | BTXVRF6 |
| 0.88% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,794,030.34 | 1,660,000 | BR54DP1 |
| 0.88% | -- | PR RNO PROPERTY OWNER 1 | 6.50% | 05/01/2031 | -- | $1,790,490.69 | 1,922,000 | BVV7TN2 |
| 0.84% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $1,705,343.09 | 1,638,000 | BMCGQM3 |
| 0.83% | -- | FLASH COMPUTE LLC | 7.25% | 12/31/2030 | -- | $1,693,278.72 | 1,680,000 | BTBKSX0 |
| 0.82% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,661,577.59 | 1,618,000 | BQ67HZ0 |
| 0.80% | -- | CORE SCIENTIFIC FINANCE | 7.75% | 05/15/2031 | -- | $1,627,012.90 | 1,668,000 | BTXZ1D4 |
| 0.79% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $1,618,538.21 | 1,559,000 | BVBCQP8 |
| 0.79% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,600,516.65 | 1,705,000 | BVF9138 |
| 0.78% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,581,497.49 | 1,709,000 | BVPVMW0 |
| 0.78% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,580,207.66 | 1,541,000 | BQKN5B6 |
| 0.76% | -- | CLOUD SOFTWARE GRP LLC | 9.00% | 09/30/2029 | -- | $1,557,358.30 | 1,560,000 | BRJQLF9 |
| 0.75% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,534,724.92 | 1,514,000 | BNM6H94 |
| 0.75% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $1,520,873.68 | 1,491,000 | BS9C5X0 |
| 0.74% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,508,995.02 | 1,451,000 | BRK4301 |
| 0.72% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $1,458,030.90 | 1,413,000 | BQ2KRF3 |
| 0.71% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $1,438,739.12 | 1,391,000 | BSML716 |
| 0.70% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $1,432,157.33 | 1,398,000 | BS6S7M4 |
| 0.70% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $1,430,273.98 | 1,351,000 | BRCDDH3 |
| 0.70% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,428,979.14 | 1,350,000 | BRXZ215 |
| 0.70% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,421,849.85 | 1,389,000 | BSTKQX1 |
| 0.68% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,389,993.35 | 1,403,000 | BS2FZM5 |
| 0.67% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $1,368,586.64 | 1,354,000 | BNRNCC8 |
| 0.67% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,368,512.85 | 1,637,000 | BMVZMH8 |
| 0.65% | -- | OAK-EAGLE ACQUIRECO INC | 8.75% | 07/01/2034 | -- | $1,331,295.00 | 1,250,000 | BTNKNF5 |
| 0.64% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,311,296.63 | 1,305,000 | BV99DS3 |
| 0.64% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $1,298,253.41 | 1,311,000 | BW5TCD2 |
| 0.63% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $1,277,761.95 | 1,497,000 | BM94BT2 |
| 0.62% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $1,273,661.86 | 1,229,000 | BV5GRS6 |
| 0.62% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,271,262.04 | 1,322,000 | BS89C64 |
| 0.62% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,271,030.67 | 1,254,000 | BVDKGM7 |
| 0.62% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $1,269,962.54 | 1,283,000 | BS2FMQ8 |
| 0.61% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $1,237,930.21 | 1,226,000 | BPW9BQ2 |
| 0.60% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,227,080.99 | 1,174,000 | BRSF6F2 |
| 0.60% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $1,223,893.26 | 1,263,000 | BSHX319 |
| 0.59% | -- | OAK-EAGLE ACQUIRECO INC | 7.25% | 07/01/2033 | -- | $1,207,806.65 | 1,159,000 | BTNKKK9 |
| 0.59% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,200,967.57 | 1,148,000 | BRQPKY1 |
| 0.58% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,191,693.89 | 1,108,000 | BQ80PR5 |
| 0.58% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $1,183,125.65 | 1,505,000 | BM93J39 |
| 0.57% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,158,194.30 | 1,179,000 | BSHT8Y5 |
| 0.56% | -- | CELANESE US HOLDINGS LLC | 7.70% | 11/15/2033 | -- | $1,146,131.72 | 1,071,000 | BRBDWD3 |
| 0.56% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,137,680.15 | 1,161,000 | BN7SNC0 |
| 0.56% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $1,134,943.08 | 1,242,000 | BM9SD09 |
| 0.56% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $1,131,183.49 | 1,157,000 | BVBFJY7 |
| 0.55% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $1,114,416.56 | 1,123,000 | BS88ZW8 |
| 0.54% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,105,864.12 | 1,047,000 | BVMR221 |
| 0.54% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $1,102,500.40 | 1,114,000 | BQ689G8 |
| 0.54% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,091,830.08 | 1,073,000 | BV6KVR4 |
| 0.53% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $1,087,110.36 | 1,239,000 | BRXCZB7 |
| 0.53% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $1,073,516.45 | 1,010,000 | BTFHQJ9 |
| 0.53% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $1,072,025.70 | 1,144,000 | BVBCQJ2 |
| 0.53% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,070,362.02 | 1,077,000 | BMWDGR9 |
| 0.52% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $1,063,935.76 | 1,010,000 | BPSN522 |
| 0.52% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $1,060,261.35 | 1,085,000 | BT3F8Q6 |
| 0.52% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,051,255.26 | 1,038,000 | BM8K6S5 |
| 0.51% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,046,634.10 | 1,079,000 | BTFHSL5 |
| 0.51% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,045,309.11 | 1,083,000 | BNTZ4D7 |
| 0.51% | -- | TALEN ENERGY SUPPLY LLC | 6.13% | 05/01/2031 | -- | $1,039,117.41 | 1,039,000 | BRXPB07 |
| 0.49% | -- | SWORD PURCHASER LLC | 8.25% | 04/15/2033 | -- | $1,006,717.26 | 971,000 | BWFJMB0 |
| 0.49% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $999,383.64 | 1,012,000 | BTGTPC0 |
| 0.47% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $960,378.55 | 952,000 | BTTRMX1 |
| 0.47% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $956,790.74 | 1,054,000 | BNNPV76 |
| 0.47% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $955,900.23 | 937,000 | BQMJ1N6 |
| 0.47% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $955,194.88 | 943,000 | BVK6BT0 |
| 0.47% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $953,422.48 | 929,000 | BT7HYL5 |
| 0.47% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $951,220.30 | 936,000 | BMVXP51 |
| 0.47% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $948,204.31 | 968,000 | BM9YJB0 |
| 0.46% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $944,468.01 | 930,000 | BTG0PS9 |
| 0.46% | -- | CORELOGIC INC | 9.00% | 08/01/2031 | -- | $943,079.41 | 948,000 | BVMGQR1 |
| 0.45% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $915,430.42 | 901,000 | BNZG7Q8 |
| 0.45% | -- | TALEN ENERGY SUPPLY LLC | 6.38% | 05/01/2033 | -- | $913,552.87 | 922,000 | BRXP9Z8 |
| 0.45% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $910,535.08 | 857,000 | BP2F579 |
| 0.42% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $850,995.98 | 848,000 | BQ1PCD2 |
| 0.41% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $844,234.71 | 895,000 | BSSBTZ8 |
| 0.40% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $816,543.61 | 837,353 | BT68Y19 |
| 0.40% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $815,690.82 | 822,000 | BMZBL86 |
| 0.40% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $811,741.88 | 813,000 | BMVXP62 |
| 0.40% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $809,763.33 | 799,000 | BNDQTF3 |
| 0.39% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $796,120.93 | 791,000 | BVCHTT7 |
| 0.39% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $794,363.17 | 793,000 | BPVDS42 |
| 0.39% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2035 | -- | $794,155.20 | 800,000 | BWMT9W3 |
| 0.39% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $793,959.29 | 801,000 | BW46M90 |
| 0.39% | -- | CARRIX INC | 6.13% | 08/01/2033 | -- | $791,169.34 | 793,000 | BX3BY53 |
| 0.39% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $788,847.27 | 800,000 | BVK50T0 |
| 0.38% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $774,589.87 | 790,000 | BV4FWX4 |
| 0.38% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $770,277.98 | 759,000 | BVDKGL6 |
| 0.38% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $769,579.83 | 1,386,000 | BRBCV11 |
| 0.37% | -- | QXO BUILDING PRODUCTS | 6.88% | 07/15/2034 | -- | $763,958.91 | 752,000 | BXM7DH7 |
| 0.37% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $763,912.08 | 747,000 | BPK4TG5 |
| 0.37% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $752,814.66 | 955,000 | BV2JDH9 |
| 0.36% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $741,520.00 | 713,000 | BP946X2 |
| 0.36% | -- | ARC FALCON I INC/ARCL/HO | 9.75% | 03/01/2033 | -- | $728,817.50 | 727,000 | BW47TN6 |
| 0.35% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $714,651.79 | 814,000 | BS3BCF4 |
| 0.35% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $713,640.49 | 687,000 | BPK4CP5 |
| 0.35% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $712,701.51 | 727,000 | BMCGQ56 |
| 0.35% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $708,840.50 | 706,000 | BQB7JV5 |
| 0.35% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $706,249.97 | 705,000 | BPP2DX9 |
| 0.34% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $699,346.94 | 652,000 | BVK4MV3 |
| 0.34% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $694,089.76 | 676,000 | BR1FF63 |
| 0.34% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $693,550.07 | 709,000 | BVBFJZ8 |
| 0.34% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $690,758.89 | 683,000 | BQ2KRD1 |
| 0.34% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $690,088.87 | 685,000 | BSNQ215 |
| 0.34% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $687,569.95 | 683,000 | BPX27Q2 |
| 0.34% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $684,234.23 | 682,000 | BP4YGK4 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $678,783.36 | 695,000 | BMH29D8 |
| 0.33% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $678,295.38 | 682,000 | BMF9C65 |
| 0.33% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $677,196.45 | 675,000 | BVMS268 |
| 0.33% | -- | AECOM | 6.00% | 08/01/2033 | -- | $675,940.43 | 679,000 | BV2CGD5 |
| 0.33% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $674,730.26 | 695,000 | BTPH0K8 |
| 0.33% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $673,440.70 | 649,000 | BTCK903 |
| 0.33% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $672,159.15 | 650,000 | BMGDND0 |
| 0.33% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $671,885.10 | 642,000 | BTWWV25 |
| 0.33% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $671,028.15 | 650,000 | BSKP420 |
| 0.33% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $670,331.97 | 630,000 | BV3PLR2 |
| 0.32% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $661,190.99 | 634,000 | BMC94W8 |
| 0.32% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $655,612.81 | 1,032,000 | BMWT6D3 |
| 0.32% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $652,355.00 | 638,000 | BR55K64 |
| 0.32% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $645,600.65 | 616,000 | BPG27W5 |
| 0.31% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $637,046.72 | 703,000 | BTZRRR4 |
| 0.31% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $633,713.08 | 616,000 | BQKRVC1 |
| 0.31% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $632,316.00 | 600,000 | BPBRSM2 |
| 0.31% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $625,490.22 | 600,000 | BW5ZMJ6 |
| 0.31% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $625,337.46 | 628,000 | BVMDN60 |
| 0.30% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $621,464.20 | 607,000 | BQXJKM7 |
| 0.30% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $618,663.36 | 602,000 | BQTWXH6 |
| 0.30% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $614,730.77 | 611,000 | BLDCF37 |
| 0.30% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $611,994.85 | 642,000 | BLDBLN6 |
| 0.30% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $610,719.53 | 585,000 | BVK4BV6 |
| 0.29% | -- | CENTENE CORP | 2.63% | 08/01/2031 | -- | $592,428.54 | 678,000 | BL6LYW3 |
| 0.29% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $591,753.48 | 600,000 | BSZ7DB3 |
| 0.29% | -- | EQUIPMENTSHARE.COM INC | 7.13% | 07/01/2034 | -- | $591,630.95 | 600,000 | BXCCGK6 |
| 0.29% | -- | COREWEAVE INC | 9.75% | 10/01/2031 | -- | $589,324.64 | 649,000 | BWM2ZQ8 |
| 0.28% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $573,553.93 | 565,000 | BVF9246 |
| 0.28% | -- | WHIRLPOOL CORP | 7.50% | 07/01/2031 | -- | $572,257.77 | 570,000 | BX52G92 |
| 0.28% | -- | GAIA PURCHASER INC | 7.63% | 07/15/2033 | -- | $566,553.64 | 554,000 | BNVVW17 |
| 0.27% | -- | KENNEDY-WILSON INC | 7.25% | 06/01/2033 | -- | $559,302.53 | 549,000 | BWW4KJ2 |
| 0.27% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $556,438.10 | 548,000 | BTCCGD1 |
| 0.27% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $554,690.14 | 526,000 | BMZMHS1 |
| 0.27% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $553,888.37 | 528,000 | BLDCTF7 |
| 0.27% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $553,864.90 | 543,000 | BRBCTZ1 |
| 0.27% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $553,303.15 | 536,000 | BVMSGF5 |
| 0.27% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $552,491.46 | 526,000 | BMJ0LG7 |
| 0.27% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $541,042.20 | 541,000 | BSJQ190 |
| 0.27% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $540,628.56 | 544,000 | BR886L7 |
| 0.26% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $539,437.50 | 525,000 | BTJS1V5 |
| 0.26% | -- | GOODYEAR TIRE & RUBBER | 8.88% | 07/15/2032 | -- | $533,794.07 | 522,000 | BV4HGL6 |
| 0.26% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $531,769.13 | 513,000 | BT3FDQ1 |
| 0.26% | -- | SOLARIS ENERGY INFRASTRU | 6.38% | 05/15/2031 | -- | $530,855.77 | 532,000 | BSNN9Q0 |
| 0.26% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $528,910.66 | 525,000 | BRS7WN8 |
| 0.26% | -- | EDGED COMPUTE LLC | 7.50% | 04/30/2031 | -- | $527,476.49 | 561,000 | BT7J9Z0 |
| 0.26% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $527,475.51 | 536,000 | BVBG0S1 |
| 0.26% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $524,569.78 | 530,000 | BTXQV60 |
| 0.25% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $514,900.00 | 500,000 | BL9XM77 |
| 0.25% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $505,978.20 | 504,000 | BTJYMV0 |
| 0.25% | -- | LIFEPOINT HEALTH INC | 7.00% | 05/01/2034 | -- | $505,542.10 | 535,000 | BVPPDZ2 |
| 0.25% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $501,564.48 | 492,000 | BVZMLG0 |
| 0.25% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $500,809.99 | 491,000 | BN49RB3 |
| 0.24% | -- | YUM! BRANDS INC | 5.38% | 04/01/2032 | -- | $495,385.90 | 500,000 | BLBM1S6 |
| 0.24% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $493,215.70 | 496,000 | BT9NKJ1 |
| 0.24% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $489,400.13 | 495,000 | BPLPFQ9 |
| 0.24% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $485,920.05 | 485,000 | BTMSZJ8 |
| 0.24% | -- | WHIRLPOOL CORP | 7.88% | 07/01/2034 | -- | $485,625.29 | 493,000 | BX59HP6 |
| 0.24% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $484,994.66 | 486,000 | BQT2NG5 |
| 0.24% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $482,181.16 | 492,000 | BPLFC68 |
| 0.23% | -- | PHOTO HOLDINGS LLC | 12.00% | 07/01/2031 | -- | $478,200.09 | 458,000 | BX59CN9 |
| 0.23% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $473,343.58 | 484,000 | BQ68CL4 |
| 0.23% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $471,024.41 | 466,000 | BTTRLD4 |
| 0.23% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $471,018.54 | 467,000 | BT7JWZ1 |
| 0.23% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $470,146.65 | 467,000 | BQT2NL0 |
| 0.23% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $469,482.33 | 466,000 | BSNZ6B0 |
| 0.23% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $467,903.06 | 446,000 | BMGC188 |
| 0.23% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $462,062.25 | 450,000 | BR53N25 |
| 0.23% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $461,726.46 | 449,000 | BQ9D885 |
| 0.23% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $459,832.11 | 470,000 | BR113M3 |
| 0.23% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $459,757.22 | 452,000 | BSD6D23 |
| 0.23% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $459,589.36 | 459,000 | BVYL9V9 |
| 0.22% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $452,317.89 | 456,000 | BV4J2P8 |
| 0.22% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $449,831.91 | 441,000 | BPLL6H5 |
| 0.22% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $449,572.64 | 433,000 | BP092P0 |
| 0.22% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $449,286.04 | 431,000 | BP488V1 |
| 0.22% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $447,294.05 | 433,000 | BR2NN28 |
| 0.22% | -- | HARVEST MIDSTREAM I LP | 6.75% | 05/15/2034 | -- | $440,446.73 | 433,000 | BV3N5X0 |
| 0.22% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $439,441.79 | 435,000 | BP092B6 |
| 0.22% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $438,438.98 | 436,000 | BN95KZ1 |
| 0.21% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $431,184.81 | 452,000 | BP4Z8H8 |
| 0.21% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $430,859.96 | 442,000 | BMY8TS4 |
| 0.21% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $426,228.32 | 489,000 | BT3CPW2 |
| 0.21% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $426,194.43 | 412,000 | BNRPV83 |
| 0.21% | -- | KENNEDY-WILSON INC | 7.00% | 06/01/2031 | -- | $425,185.35 | 415,000 | BWW4KL4 |
| 0.21% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $423,774.23 | 427,000 | BL54J73 |
| 0.20% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $417,631.65 | 407,000 | BM8SW92 |
| 0.20% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $417,123.14 | 415,000 | BSVLRC8 |
| 0.20% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $417,059.46 | 418,000 | BMW2F91 |
| 0.20% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $413,028.19 | 408,000 | BQB88K0 |
| 0.20% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $407,805.86 | 422,000 | BP83D39 |
| 0.20% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $405,661.48 | 393,000 | BMW2FL3 |
| 0.20% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $402,907.53 | 393,000 | BRK14M1 |
| 0.20% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $400,302.53 | 409,000 | BQT3JM6 |
| 0.20% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $399,590.85 | 407,000 | BTMT0G3 |
| 0.20% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $398,069.83 | 417,000 | BN6KWY2 |
| 0.19% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $391,739.67 | 576,000 | BS84LN9 |
| 0.19% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $389,756.13 | 382,000 | BRBDSH9 |
| 0.19% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $381,149.51 | 422,000 | BVSYM93 |
| 0.19% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $379,531.01 | 417,000 | BMCM256 |
| 0.19% | -- | DIRECTV FINANCING LLC | 8.88% | 02/01/2030 | -- | $379,518.16 | 371,000 | BRJJYP9 |
| 0.19% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $379,314.54 | 382,000 | BRBVMG0 |
| 0.19% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $377,997.63 | 382,000 | BVRTP89 |
| 0.18% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $367,200.35 | 349,000 | BMCMQL0 |
| 0.18% | -- | CCO HLDGS LLC/CAP CORP | 7.00% | 02/01/2033 | -- | $360,527.80 | 368,000 | BVPC4H2 |
| 0.17% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $349,634.08 | 347,000 | BMXHQ92 |
| 0.16% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $327,957.14 | 337,000 | BW1N539 |
| 0.16% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $326,762.28 | 312,000 | BRT75V6 |
| 0.15% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $297,822.62 | 325,000 | BSNMMD5 |
| 0.14% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $286,565.16 | 288,000 | BQ3QRD8 |
| 0.13% | -- | RAKUTEN GROUP INC | 9.75% | 04/15/2029 | -- | $272,726.10 | 250,000 | BQBBBT9 |
| 0.13% | -- | NISSAN MOTOR CO | 8.13% | 07/17/2035 | -- | $266,767.49 | 250,000 | BVN2G67 |
| 0.12% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $254,630.25 | 250,000 | BPLP3M1 |
| 0.12% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $254,504.50 | 250,000 | BR4XVS8 |
| 0.12% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $250,884.43 | 260,000 | BRBNWB1 |
| 0.12% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $245,736.95 | 431,000 | BRPT5J4 |
| 0.12% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $239,819.60 | 730,000 | BP9LWV3 |
| 0.12% | -- | STANDARD BUILDING SOLUTI | 6.50% | 08/15/2032 | -- | $239,689.80 | 238,000 | BR2NXL7 |
| 0.11% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $221,552.66 | 217,000 | BV8DHB7 |
| 0.10% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $209,385.77 | 204,000 | BV6KVQ3 |
| 0.09% | -- | NCL CORPORATION LTD | 5.88% | 01/15/2031 | -- | $192,368.42 | 200,000 | BVLD769 |
| 0.09% | -- | CLEVELAND-CLIFFS INC | 7.63% | 01/15/2034 | -- | $181,449.60 | 177,000 | BVZMLD7 |
| 0.09% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $180,463.16 | 183,000 | BWBZMK1 |
| 0.09% | -- | SIRIUS XM RADIO LLC | 5.88% | 04/15/2032 | -- | $178,901.07 | 181,000 | BWTX0F8 |
| 0.08% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $167,766.06 | 165,000 | BPH25H5 |
| 0.07% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $137,677.05 | 135,000 | BNKBFF3 |
| 0.05% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $108,491.95 | 109,000 | BTWSX61 |
| 0.05% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $99,756.86 | 96,000 | BV5GRT7 |
| 0.05% | -- | CSC HOLDINGS LLC | 11.25% | 05/15/2028 | -- | $98,555.47 | 178,000 | BRJSRR9 |
| 0.03% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $67,296.64 | 66,000 | BV1C948 |
| 0.02% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $48,567.81 | 46,000 | BS88506 |
| -13.40% | -- | US 10YR NOTE (CBT) BOND 21/DEC/2026 TYZ6 COMDTY | -- | -- | -27,318,375 | -- | -252 | -- |
| -30.38% | -- | US 2YR NOTE (CBT) BOND 31/DEC/2026 TUZ6 COMDTY | -- | -- | -61,921,344 | -- | -301 | -- |
| -50.15% | -- | US 5YR NOTE (CBT) BOND 31/DEC/2026 FVZ6 COMDTY | -- | -- | -102,204,985 | -- | -962 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $10,752,334.73 | 10,752,335 | -- |
Index
as of 6/30/2026
- Total Number of Issues259
- Long Portfolio Duration3.34
- Net Effective Duration0.00
- Long Portfolio Yield7.53
- Net Index Yield7.17
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
How to Invest for Rising Rates
Explore strategies for rising interest rates, including interest rate hedged bonds and equities focused on rate-sensitive sectors.
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