HYHG invests in a portfolio of high-yield corporate bonds, while seeking to hedge against the potential negative impact of rising interest rates.
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Documents & Downloads
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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 9/30/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 1.01% | 2.31% | 5.37% | 4.15% | 7.69% | 11.19% | 7.92% | 6.03% | 4.12% | 05/21/2013 |
| HYHG NAV | 0.90% | 2.08% | 5.24% | 4.48% | 7.58% | 11.06% | 7.79% | 5.99% | 4.09% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.01% | 2.32% | 5.63% | 4.98% | 8.07% | 11.54% | 8.25% | 6.65% | 4.80% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG Market Price | 1.01% | 2.31% | 5.37% | 4.15% | 7.69% | 11.19% | 7.92% | 6.03% | 4.12% | 05/21/2013 |
| HYHG NAV | 0.90% | 2.08% | 5.24% | 4.48% | 7.58% | 11.06% | 7.79% | 5.99% | 4.09% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.01% | 2.32% | 5.63% | 4.98% | 8.07% | 11.54% | 8.25% | 6.65% | 4.80% | -- |
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
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 9/30/2025- Number of Companies 224
- Net Effective Duration -0.09
Price
as of 10/16/2025- NAV $64.19
- NAV Change $-0.16
- Market Price $64.21
- Market Price Change $-0.49
- Trading Volume (M) 10,342
- 30-Day Median Bid Ask Spread 0.37%
- View Premium / Discount
Distributions
as of 9/30/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 6.38%
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.
- Distribution Details
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 9/30/2025- Number of Companies 224
- Net Effective Duration -0.09
Price
as of 10/16/2025- NAV $64.19
- NAV Change $-0.16
- Market Price $64.21
- Market Price Change $-0.49
- Trading Volume (M) 10,342
- 30-Day Median Bid Ask Spread 0.37%
- View Premium / Discount
Distributions
as of 9/30/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 6.38%
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.
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 10/16/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.28% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $2,153,665.15 | 2,167,000 | BMWDGR9 |
| 1.26% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,130,771.21 | 2,109,000 | BN2QTP4 |
| 1.19% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,006,347.78 | 1,824,000 | BR54DP1 |
| 1.15% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,930,797.06 | 1,906,000 | BV4K8M0 |
| 1.07% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,804,406.56 | 1,760,000 | BT7MYF4 |
| 1.05% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2027 | -- | $1,778,013.16 | 1,771,000 | BSMMD99 |
| 1.03% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,729,240.16 | 1,641,000 | BP2F579 |
| 1.00% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $1,680,523.12 | 1,621,000 | BPH26F0 |
| 0.97% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,643,136.16 | 1,602,000 | BNM6H94 |
| 0.97% | -- | WARNERMEDIA HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,634,722.50 | 2,066,000 | BTPF2W8 |
| 0.90% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,515,539.97 | 1,458,000 | BQ67HZ0 |
| 0.88% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $1,487,970.17 | 1,434,000 | BS9G792 |
| 0.87% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $1,464,902.04 | 1,385,000 | BP6GPK1 |
| 0.86% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,444,957.65 | 1,440,000 | BM8H783 |
| 0.86% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,442,670.85 | 1,366,000 | BQB9NW0 |
| 0.84% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $1,421,400.00 | 1,380,000 | BNBTNV8 |
| 0.84% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,420,535.96 | 1,382,000 | BRK4301 |
| 0.80% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $1,352,396.06 | 1,473,000 | BKPJT48 |
| 0.79% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,329,181.59 | 1,283,000 | BS2FMQ8 |
| 0.79% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,327,324.86 | 1,290,000 | BPLP3M1 |
| 0.74% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,253,124.01 | 1,250,000 | BRXZ215 |
| 0.74% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,252,803.75 | 1,210,000 | BNZG7Q8 |
| 0.73% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $1,227,193.99 | 1,347,000 | BMBVFS8 |
| 0.72% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $1,221,066.66 | 1,185,000 | BR4XVS8 |
| 0.72% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,214,978.31 | 1,170,000 | BRJQLF9 |
| 0.72% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,210,644.36 | 1,179,000 | BSHT8Y5 |
| 0.71% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $1,203,067.40 | 1,134,000 | BL6CM66 |
| 0.71% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $1,199,048.51 | 1,134,000 | BTCCGD1 |
| 0.71% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,195,041.12 | 1,223,000 | BMVXSB8 |
| 0.69% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,162,471.90 | 1,180,000 | BQKN5B6 |
| 0.68% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,148,114.33 | 1,096,000 | BV5GRT7 |
| 0.67% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $1,135,169.70 | 1,133,000 | BPVDS42 |
| 0.67% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,126,557.02 | 1,087,000 | BVDKGM7 |
| 0.67% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,120,808.70 | 1,100,000 | BRSF6F2 |
| 0.66% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,112,275.37 | 1,030,000 | BQ80PR5 |
| 0.66% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $1,108,054.06 | 1,145,000 | BMBJVY0 |
| 0.65% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,090,330.02 | 1,073,000 | BV6KVR4 |
| 0.63% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,053,342.92 | 1,018,000 | BVF9138 |
| 0.62% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,049,424.29 | 1,032,000 | BV99DS3 |
| 0.61% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,034,941.71 | 1,060,000 | BS89C64 |
| 0.61% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,034,255.49 | 976,000 | BRQPKY1 |
| 0.61% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,033,090.57 | 1,006,000 | BS2FZM5 |
| 0.61% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $1,027,208.04 | 989,000 | BT7HYL5 |
| 0.60% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $1,018,605.44 | 992,000 | BRZWYJ6 |
| 0.60% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,017,978.60 | 1,041,000 | BN7SNC0 |
| 0.60% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $1,015,503.92 | 1,044,000 | BNW2059 |
| 0.60% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $1,003,039.12 | 971,000 | BMF9C65 |
| 0.59% | -- | ALLISON TRANSMISSION INC | 3.75% | 01/30/2031 | -- | $991,851.91 | 1,073,000 | BMX50K5 |
| 0.59% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $990,833.45 | 945,000 | BQ2KRF3 |
| 0.59% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $988,427.41 | 976,000 | BNTZ4D7 |
| 0.58% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $981,941.38 | 946,000 | BPH25H5 |
| 0.57% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $968,363.26 | 937,000 | BQMJ1N6 |
| 0.57% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $955,735.08 | 994,000 | BMV1LQ8 |
| 0.56% | -- | 1011778 BC / NEW RED FIN | 4.00% | 10/15/2030 | -- | $950,633.99 | 1,004,000 | BMT6QQ0 |
| 0.56% | -- | WARNERMEDIA HOLDINGS INC | 4.28% | 03/15/2032 | -- | $944,191.25 | 1,039,000 | BRJHSK6 |
| 0.55% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $925,518.20 | 926,000 | BN765Z1 |
| 0.55% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $920,483.39 | 897,000 | BRT75V6 |
| 0.55% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $920,285.32 | 892,000 | BS6S7M4 |
| 0.53% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $900,760.76 | 886,000 | BQT2NG5 |
| 0.53% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $890,392.82 | 852,000 | BPG22V9 |
| 0.51% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $856,092.83 | 844,000 | BPLPFQ9 |
| 0.51% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $853,052.93 | 842,000 | BTTRMX1 |
| 0.50% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $843,555.70 | 821,000 | BVDKGL6 |
| 0.50% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $842,664.36 | 815,000 | BMZBL86 |
| 0.50% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $840,426.82 | 801,000 | BVK4MV3 |
| 0.49% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $825,861.13 | 1,002,000 | BRBCV11 |
| 0.49% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $825,514.10 | 799,000 | BNDQTF3 |
| 0.48% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $816,962.39 | 889,000 | BNNPV76 |
| 0.48% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $816,167.50 | 827,000 | BRXCZB7 |
| 0.48% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $814,062.29 | 847,000 | BNHS096 |
| 0.48% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $808,461.38 | 826,000 | BJNPGH3 |
| 0.48% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $806,919.21 | 782,000 | BM8K1F7 |
| 0.46% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $776,350.31 | 900,000 | BMVZMH8 |
| 0.46% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $769,412.25 | 750,000 | BRT7X56 |
| 0.45% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $758,478.38 | 750,000 | BT9NKJ1 |
| 0.45% | -- | TALEN ENERGY SUPPLY LLC | 8.63% | 06/01/2030 | -- | $756,949.96 | 714,000 | BQFHT88 |
| 0.44% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $748,248.83 | 737,000 | BPW9BQ2 |
| 0.44% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $743,535.16 | 748,000 | BQ1PCD2 |
| 0.44% | -- | JANE STREET GRP/JSG FIN | 7.13% | 04/30/2031 | -- | $740,064.13 | 709,000 | BLDCK76 |
| 0.43% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $729,136.32 | 695,000 | BRBCTZ1 |
| 0.43% | -- | HILTON DOMESTIC OPERATIN | 4.00% | 05/01/2031 | -- | $728,583.44 | 769,000 | BNDLGZ7 |
| 0.43% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $721,139.94 | 724,000 | BNRNCC8 |
| 0.42% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $716,204.70 | 675,000 | BNQQSS6 |
| 0.42% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $714,011.26 | 701,000 | BPG27W5 |
| 0.42% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $713,208.30 | 685,000 | BSNQ215 |
| 0.42% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $705,665.25 | 675,000 | BMVXP62 |
| 0.41% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $698,234.72 | 684,000 | BTXQV60 |
| 0.41% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $693,566.07 | 686,000 | BVMDN60 |
| 0.41% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $686,021.07 | 677,000 | BP812N6 |
| 0.40% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $681,030.95 | 671,000 | BQ3QRD8 |
| 0.40% | -- | ZF NORTH AMERICA CAPITAL INC CALLABLE NOTES FIXED 7.5% 24/MAR/2031 USD 1000 | -- | -- | -- | $679,311.92 | 702,000 | -- |
| 0.40% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $677,393.75 | 649,000 | BTCK903 |
| 0.40% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $675,366.51 | 637,000 | BMCMQL0 |
| 0.40% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $674,928.87 | 657,000 | BQXJKM7 |
| 0.40% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $673,086.78 | 646,000 | BLC8Z03 |
| 0.40% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $670,748.17 | 641,000 | BS9C5X0 |
| 0.40% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $670,198.39 | 659,000 | BM8K6S5 |
| 0.40% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $667,128.53 | 618,000 | BS88506 |
| 0.39% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $664,981.33 | 767,000 | BMV1L02 |
| 0.39% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $663,082.59 | 628,000 | BLDCTF7 |
| 0.39% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $662,585.45 | 679,000 | BNHT925 |
| 0.39% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $652,190.85 | 618,000 | BV1C948 |
| 0.38% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $635,854.77 | 650,000 | BN0ZRZ9 |
| 0.38% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $634,881.55 | 711,000 | BM94BT2 |
| 0.38% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $634,563.79 | 653,000 | BLC9L19 |
| 0.37% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $627,022.05 | 610,000 | BQB88K0 |
| 0.37% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $625,367.60 | 665,000 | BPVBYZ9 |
| 0.37% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $615,491.82 | 627,000 | BS6V604 |
| 0.36% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $607,886.32 | 609,000 | BPP2DX9 |
| 0.35% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $594,519.02 | 581,000 | BPX27Q2 |
| 0.35% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $592,814.36 | 569,000 | BMCGQM3 |
| 0.35% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $588,840.00 | 701,000 | BN6JYJ8 |
| 0.35% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $588,782.05 | 582,000 | BSVLRC8 |
| 0.35% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $586,977.41 | 576,000 | BS84LN9 |
| 0.35% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $583,941.83 | 630,000 | BP7LR98 |
| 0.35% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $583,105.00 | 556,000 | BNRPV83 |
| 0.34% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $579,254.68 | 546,000 | BT3NFD6 |
| 0.34% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $578,746.85 | 550,000 | BVK4BV6 |
| 0.34% | -- | SPIRIT AEROSYSTEMS INC | 9.75% | 11/15/2030 | -- | $577,763.28 | 527,000 | BR1YST4 |
| 0.34% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $575,924.62 | 546,000 | BMGC188 |
| 0.33% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $561,000.00 | 550,000 | BP946X2 |
| 0.33% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $559,287.59 | 536,000 | BRC2671 |
| 0.33% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $559,131.95 | 556,000 | BQB7JV5 |
| 0.33% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $554,005.22 | 539,000 | BLB3TG3 |
| 0.33% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $550,095.46 | 529,000 | BR2NN28 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $548,564.01 | 592,000 | BPLFC68 |
| 0.32% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $546,097.91 | 505,000 | BRCDDH3 |
| 0.32% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $545,971.05 | 563,000 | BS3BCF4 |
| 0.32% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $543,530.27 | 519,000 | BNRPLW7 |
| 0.32% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $542,204.25 | 525,000 | BTJS1V5 |
| 0.32% | -- | SABRE GLBL INC | 11.13% | 07/15/2030 | -- | $535,518.00 | 564,000 | BS6RJF8 |
| 0.31% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $529,921.60 | 520,000 | BMC94W8 |
| 0.31% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $524,631.50 | 500,000 | BMVXP51 |
| 0.31% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $523,174.00 | 500,000 | BNKBFF3 |
| 0.31% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $521,300.88 | 529,000 | BMW2W01 |
| 0.31% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $520,923.28 | 532,000 | BM9PWX6 |
| 0.31% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $520,870.93 | 473,000 | BR1H4Z1 |
| 0.31% | -- | COMMSCOPE LLC | 9.50% | 12/15/2031 | -- | $520,601.98 | 503,000 | BRRG7V9 |
| 0.31% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $520,258.57 | 506,000 | BM8SW92 |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $518,694.00 | 500,000 | BMGDND0 |
| 0.31% | -- | CELANESE US HOLDINGS LLC | 6.67% | 07/15/2027 | -- | $517,697.20 | 506,000 | BP9RBF8 |
| 0.31% | -- | POST HOLDINGS INC | 6.25% | 02/15/2032 | -- | $516,912.50 | 500,000 | BPSQQR3 |
| 0.30% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $513,657.67 | 513,000 | BQ68CL4 |
| 0.30% | -- | POWSOL 6 3/4 09/15/32 | -- | -- | -- | $509,455.00 | 500,000 | -- |
| 0.30% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $508,527.73 | 489,000 | BT3CPW2 |
| 0.30% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $507,310.50 | 500,000 | BVK50T0 |
| 0.30% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $503,614.01 | 527,000 | BT7JWZ1 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $500,692.01 | 495,000 | BN6MM59 |
| 0.30% | -- | LIGHT & WONDER INTERNATIONAL INC CALLABLE NOTES FIXED 6.25% 01/OCT/2033 USD 1000 | -- | -- | -- | $500,405.00 | 500,000 | -- |
| 0.30% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $497,196.71 | 481,000 | BPK4CP5 |
| 0.29% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $497,029.94 | 485,000 | BP092B6 |
| 0.29% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $495,038.00 | 521,000 | BN6KWY2 |
| 0.29% | -- | SOLSTICE ADVANCED MATERIALS INC CALLABLE NOTES FIXED 5.625% 30/SEP/2033 USD 1000 | -- | -- | -- | $493,456.21 | 496,000 | -- |
| 0.29% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $493,280.26 | 542,000 | BLDBLN6 |
| 0.29% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $492,711.30 | 450,000 | BR1YSV6 |
| 0.29% | -- | CRESCENT ENERGY FINANCE | 7.38% | 01/15/2033 | -- | $492,504.30 | 516,000 | BR4ZG56 |
| 0.29% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $487,780.24 | 498,000 | BQ9D885 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $484,762.14 | 464,000 | BQKRVC1 |
| 0.29% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $480,873.64 | 467,000 | BMCGQ56 |
| 0.28% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $479,596.95 | 466,000 | BTTRLD4 |
| 0.28% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $477,657.15 | 483,000 | BM8H4Y8 |
| 0.28% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $477,044.09 | 492,000 | BMY8TS4 |
| 0.28% | -- | INVERSION ESCROW ISSUER | 6.75% | 08/01/2032 | -- | $475,518.21 | 490,000 | BVRTP89 |
| 0.28% | -- | AIMEGR 7 3/8 10/01/32 | -- | -- | -- | $474,525.68 | 459,000 | -- |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $471,776.78 | 495,000 | BMH29D8 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $468,462.15 | 450,000 | BR53N25 |
| 0.28% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $466,011.91 | 455,000 | BQ2KRD1 |
| 0.28% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $465,077.25 | 450,000 | BP5JP78 |
| 0.28% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $464,233.54 | 465,000 | BMD14K1 |
| 0.28% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $463,913.48 | 441,000 | BPLL6H5 |
| 0.27% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $459,233.67 | 471,000 | BNM5Z19 |
| 0.27% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $455,896.66 | 426,000 | BMZMHS1 |
| 0.27% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $454,937.93 | 495,807 | BMDB423 |
| 0.27% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $450,896.58 | 442,000 | BRK14M1 |
| 0.27% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $449,022.50 | 613,000 | BMWT6D3 |
| 0.26% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,789.71 | 436,000 | BN95KZ1 |
| 0.26% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $437,894.44 | 442,000 | BMXHJH1 |
| 0.26% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $436,830.30 | 459,000 | BMT7QC9 |
| 0.26% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $436,327.22 | 452,000 | BP4Z8H8 |
| 0.26% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $435,875.76 | 443,000 | BMHBB51 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $432,114.61 | 427,000 | BL54J73 |
| 0.26% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $430,536.06 | 451,000 | BSKP420 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $423,118.64 | 412,000 | BP4YGK4 |
| 0.25% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $422,755.66 | 399,000 | BMJ0LG7 |
| 0.25% | -- | FRONTIER COMMUNICATIONS | 5.00% | 05/01/2028 | -- | $421,235.88 | 422,000 | BMF4PS3 |
| 0.25% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $418,081.00 | 401,000 | BMJ0L90 |
| 0.24% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $409,906.11 | 388,000 | BSNZ6B0 |
| 0.24% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $408,161.57 | 383,000 | BPBRSM2 |
| 0.24% | -- | SENSATA TECHNOLOGIES BV | 4.00% | 04/15/2029 | -- | $400,869.16 | 416,000 | BNKFMN2 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $398,280.77 | 422,000 | BP83D39 |
| 0.24% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $396,871.88 | 383,000 | BP092P0 |
| 0.23% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $393,833.46 | 424,000 | BNKLFF3 |
| 0.23% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $392,270.45 | 382,000 | BRBDSH9 |
| 0.23% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $390,977.56 | 431,000 | BRPT5J4 |
| 0.23% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $390,161.41 | 382,000 | BRBVMG0 |
| 0.23% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $388,670.82 | 376,000 | BRT7527 |
| 0.23% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $387,603.13 | 394,000 | BMBV4H0 |
| 0.22% | -- | NFE FINANCING LLC | 12.00% | 11/15/2029 | -- | $377,680.52 | 1,169,000 | BQWNRK7 |
| 0.22% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $375,268.75 | 485,000 | BMH8323 |
| 0.21% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $361,940.85 | 581,000 | BMY0HH5 |
| 0.21% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $359,063.26 | 354,000 | BM9YJB0 |
| 0.21% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $358,554.92 | 349,000 | BS7XRZ1 |
| 0.21% | -- | NRG ENERGY INC | 3.63% | 02/15/2031 | -- | $356,383.26 | 384,000 | BNM51T9 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $351,559.58 | 347,000 | BMXHQ92 |
| 0.21% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $347,962.18 | 343,000 | BP091F3 |
| 0.21% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $347,237.75 | 491,000 | BM93J39 |
| 0.19% | -- | SMYRNA READY MIX CONCRET | 6.00% | 11/01/2028 | -- | $321,042.21 | 322,000 | BMDXC58 |
| 0.18% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $305,663.07 | 500,000 | BNQPRV9 |
| 0.18% | -- | ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP CALLABLE BOND FIXED 10% 15/NOV/2029 USD 1000 | -- | -- | -- | $299,703.66 | 300,000 | -- |
| 0.18% | -- | UWM HOLDINGS LLC CALLABLE NOTES FIXED 6.25% 15/MAR/2031 USD 1000 | -- | -- | -- | $299,264.64 | 300,000 | -- |
| 0.18% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2027 | -- | $296,664.36 | 300,000 | BNHV2Z5 |
| 0.17% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $292,492.33 | 296,000 | BNTBJ41 |
| 0.17% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $288,286.40 | 401,000 | BP9LWV3 |
| 0.16% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $266,375.82 | 258,000 | BV0YZ47 |
| 0.15% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $257,945.89 | 285,000 | BM9SD09 |
| 0.14% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $235,886.52 | 228,000 | BVF9246 |
| 0.14% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $235,080.00 | 653,000 | BPGM651 |
| 0.12% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $194,883.84 | 192,000 | BVYL9V9 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $187,611.78 | 183,000 | BPK4TG5 |
| 0.07% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $125,275.33 | 133,000 | BMD9BZ9 |
| 0.07% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $114,691.83 | 110,000 | BV5GRS6 |
| 0.04% | -- | NEW FORTRESS ENERGY INC | 6.50% | 09/30/2026 | -- | $68,186.25 | 319,000 | BP0X973 |
| 0.03% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $50,812.10 | 50,000 | BV6KVQ3 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -13.23% | -- | US 10YR NOTE (CBT) BOND 19/DEC/2025 TYZ5 COMDTY | -- | -- | -22,295,000 | -- | -196 | -- |
| -39.69% | -- | US 2YR NOTE (CBT) BOND 31/DEC/2025 TUZ5 COMDTY | -- | -- | -66,890,000 | -- | -320 | -- |
| -45.23% | -- | US 5YR NOTE (CBT) BOND 31/DEC/2025 FVZ5 COMDTY | -- | -- | -76,219,172 | -- | -693 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,504,547.90 | 7,504,548 | -- |
Index
as of 9/30/2025
- Total Number of Issues246
- Long Portfolio Duration3.25
- Net Effective Duration0.06
- Long Portfolio Yield7.28
- Net Index Yield7.56
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
2025
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
| 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