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 1/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.71% | 1.92% | 3.33% | 0.71% | 5.14% | 9.62% | 7.02% | 6.79% | 4.15% | 05/21/2013 |
| HYHG Market Price | 1.09% | 1.77% | 3.75% | 1.09% | 5.22% | 9.74% | 7.14% | 6.91% | 4.19% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.89% | 2.00% | 3.54% | 0.89% | 5.72% | 10.08% | 7.42% | 7.42% | 4.84% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.95% | 1.30% | 3.40% | 5.84% | 5.84% | 10.37% | 6.92% | 6.27% | 4.12% | 05/21/2013 |
| HYHG Market Price | 1.08% | 1.15% | 3.48% | 5.35% | 5.35% | 10.42% | 6.96% | 6.35% | 4.13% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.78% | 1.18% | 3.52% | 6.22% | 6.22% | 10.75% | 7.28% | 6.93% | 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
Characteristics
as of 1/30/2026- Number of Companies 235
- Net Effective Duration -0.01452
Price
as of 2/09/2026- NAV $64.51
- NAV Change $+0.07
- Market Price $64.89
- Market Price Change $+0.28
- Trading Volume (M) 8,975
- 30-Day Median Bid Ask Spread 0.42%
- View Premium / Discount
Distributions
as of 1/30/2026- Distribution Frequency Monthly
- 12-Month Yield 6.93%
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
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
Characteristics
as of 1/30/2026- Number of Companies 235
- Net Effective Duration -0.01452
Price
as of 2/09/2026- NAV $64.51
- NAV Change $+0.07
- Market Price $64.89
- Market Price Change $+0.28
- Trading Volume (M) 8,975
- 30-Day Median Bid Ask Spread 0.42%
- View Premium / Discount
Distributions
as of 1/30/2026- Distribution Frequency Monthly
- 12-Month Yield 6.93%
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 2/09/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.55% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,480,109.03 | 2,385,000 | BPH26F0 |
| 1.54% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,453,093.72 | 2,371,000 | BS9G792 |
| 1.17% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,866,425.15 | 1,806,000 | BV4K8M0 |
| 1.14% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,824,268.65 | 1,743,000 | BW5ZMJ6 |
| 1.12% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $1,782,965.91 | 1,802,000 | BN2QTP4 |
| 1.11% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,768,004.78 | 1,618,000 | BR54DP1 |
| 1.03% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,638,317.65 | 1,592,000 | BT7MYF4 |
| 0.91% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $1,454,841.70 | 1,385,000 | BP6GPK1 |
| 0.89% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,417,679.97 | 1,402,000 | BM8H783 |
| 0.88% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,400,237.32 | 1,338,000 | BQ67HZ0 |
| 0.84% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,347,303.64 | 1,245,000 | BP2F579 |
| 0.83% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,321,417.54 | 1,283,000 | BS2FMQ8 |
| 0.83% | -- | WARNERMEDIA HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,318,518.50 | 1,861,000 | BTPF2W8 |
| 0.82% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,310,762.31 | 1,254,000 | BVDKGM7 |
| 0.81% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,301,299.38 | 1,264,000 | BNM6H94 |
| 0.80% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,282,520.00 | 1,250,000 | BRXZ215 |
| 0.80% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $1,273,643.67 | 1,207,000 | BNBV5N0 |
| 0.79% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,263,250.92 | 1,219,000 | BQB9NW0 |
| 0.78% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,244,895.19 | 1,210,000 | BNZG7Q8 |
| 0.76% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,210,945.01 | 1,179,000 | BSHT8Y5 |
| 0.76% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,209,932.12 | 1,223,000 | BMVXSB8 |
| 0.75% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,198,050.00 | 1,176,000 | BSTKQX1 |
| 0.74% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,188,090.31 | 1,154,000 | BRK4301 |
| 0.74% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,174,214.16 | 1,170,000 | BRJQLF9 |
| 0.73% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,164,390.40 | 1,096,000 | BV5GRT7 |
| 0.70% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $1,119,716.80 | 1,145,000 | BMBJVY0 |
| 0.70% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,112,846.18 | 1,091,000 | BQKN5B6 |
| 0.69% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,100,959.16 | 1,073,000 | BV6KVR4 |
| 0.66% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,057,428.20 | 1,038,000 | BM8K6S5 |
| 0.66% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,056,343.00 | 1,000,000 | BRSF6F2 |
| 0.66% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,051,709.85 | 1,037,000 | BV4FWX4 |
| 0.65% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,045,869.00 | 1,000,000 | BT7HWD3 |
| 0.65% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,044,610.75 | 1,068,000 | BVF9138 |
| 0.65% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,034,269.82 | 1,019,000 | BV99DS3 |
| 0.65% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,031,854.01 | 996,000 | BPLP3M1 |
| 0.64% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,023,115.00 | 1,000,000 | BW2K4P4 |
| 0.63% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,011,903.46 | 1,168,000 | BMVZMH8 |
| 0.63% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $1,009,486.00 | 1,000,000 | BVBFJZ8 |
| 0.63% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,002,504.55 | 1,006,000 | BS2FZM5 |
| 0.62% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $995,808.66 | 930,000 | BQ80PR5 |
| 0.62% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $991,482.66 | 945,000 | BQ2KRF3 |
| 0.61% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $977,917.40 | 977,000 | BMWDGR9 |
| 0.61% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $967,454.37 | 937,000 | BQMJ1N6 |
| 0.60% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $965,400.09 | 988,000 | BS89C64 |
| 0.60% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $964,094.83 | 929,000 | BT7HYL5 |
| 0.59% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $937,081.45 | 901,000 | BLC8Z03 |
| 0.56% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $899,049.37 | 941,000 | BN7SNC0 |
| 0.55% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $874,356.36 | 868,000 | BM9YJB0 |
| 0.54% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $858,997.90 | 835,000 | BS6V604 |
| 0.53% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $849,512.74 | 812,000 | BVMR221 |
| 0.53% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $846,645.48 | 827,000 | BRXCZB7 |
| 0.53% | -- | WARNERMEDIA HOLDINGS INC | 4.28% | 03/15/2032 | -- | $844,858.89 | 951,000 | BRJHSK6 |
| 0.52% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $829,971.87 | 798,000 | BS6S7M4 |
| 0.52% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $827,594.35 | 799,000 | BNDQTF3 |
| 0.52% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $827,051.19 | 798,000 | BP9MC16 |
| 0.51% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $813,836.41 | 826,000 | BJNPGH3 |
| 0.51% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $811,660.80 | 800,000 | BVK50T0 |
| 0.51% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $806,796.44 | 782,000 | BM8K1F7 |
| 0.50% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $793,868.34 | 793,000 | BPVDS42 |
| 0.49% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $789,793.06 | 772,000 | BNTZ4D7 |
| 0.48% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $772,411.61 | 750,000 | BVK6BT0 |
| 0.48% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $772,364.59 | 735,000 | BRT75V6 |
| 0.48% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $772,230.95 | 726,000 | BRQPKY1 |
| 0.48% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $766,372.64 | 750,000 | BS84Y29 |
| 0.48% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $763,986.94 | 742,000 | BTTRMX1 |
| 0.47% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $752,791.69 | 748,000 | BQ1PCD2 |
| 0.47% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $750,260.10 | 737,000 | BPW9BQ2 |
| 0.46% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $742,280.28 | 724,000 | BNRNCC8 |
| 0.46% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $735,684.90 | 690,000 | BVK4MV3 |
| 0.46% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $732,976.33 | 805,000 | BMBVFS8 |
| 0.45% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $720,051.45 | 737,353 | BT68Y19 |
| 0.45% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $713,931.30 | 675,000 | BNQQSS6 |
| 0.45% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $713,442.75 | 704,000 | BVBFJY7 |
| 0.45% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $711,711.53 | 697,000 | BMZBL86 |
| 0.44% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $710,014.15 | 685,000 | BSNQ215 |
| 0.44% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $709,363.89 | 682,000 | BMF9C65 |
| 0.43% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $689,363.45 | 767,000 | BMV1L02 |
| 0.43% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $685,771.52 | 674,000 | BR886L7 |
| 0.43% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $680,595.00 | 675,000 | BVMS268 |
| 0.42% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $673,746.37 | 649,000 | BTCK903 |
| 0.42% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $663,643.40 | 677,000 | BMV1LQ8 |
| 0.40% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $638,954.42 | 613,000 | BP946X2 |
| 0.40% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $637,611.64 | 665,000 | BPVBYZ9 |
| 0.40% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $635,841.09 | 749,000 | BNNPV76 |
| 0.40% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $634,811.15 | 638,000 | BTFHQJ9 |
| 0.40% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $633,698.49 | 617,000 | BLB3TG3 |
| 0.40% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $633,469.93 | 711,000 | BM94BT2 |
| 0.39% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $629,185.15 | 601,000 | BPG27W5 |
| 0.39% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $625,827.93 | 607,000 | BQXJKM7 |
| 0.39% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $618,269.05 | 602,000 | BQTWXH6 |
| 0.38% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $600,735.99 | 581,000 | BPX27Q2 |
| 0.37% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $594,898.11 | 579,000 | BMVXP62 |
| 0.37% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $588,120.62 | 548,000 | BTCCGD1 |
| 0.37% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $587,016.88 | 594,000 | BNHS096 |
| 0.36% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $582,426.39 | 546,000 | BT3NFD6 |
| 0.36% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $572,933.72 | 630,000 | BP7LR98 |
| 0.36% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $572,045.61 | 543,000 | BRBCTZ1 |
| 0.36% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $571,058.15 | 576,000 | BS84LN9 |
| 0.35% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $563,393.13 | 556,000 | BQB7JV5 |
| 0.35% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $562,931.03 | 792,000 | BRBCV11 |
| 0.35% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $562,611.46 | 528,000 | BLDCTF7 |
| 0.34% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $549,706.50 | 525,000 | BTJS1V5 |
| 0.34% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $540,763.50 | 500,000 | BTWWV25 |
| 0.34% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $539,916.91 | 550,000 | BNW2059 |
| 0.34% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $539,124.33 | 505,000 | BRCDDH3 |
| 0.34% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $536,191.69 | 563,000 | BS3BCF4 |
| 0.33% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $534,022.75 | 536,000 | BVBG0S1 |
| 0.33% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $533,465.28 | 530,000 | BTXQV60 |
| 0.33% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $531,050.93 | 529,000 | BMW2W01 |
| 0.33% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $528,517.08 | 511,000 | BLDCF37 |
| 0.33% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $522,157.50 | 500,000 | BMGDND0 |
| 0.33% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $521,265.04 | 500,000 | BS9C5X0 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $517,697.83 | 500,000 | BMVXP51 |
| 0.32% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $517,136.89 | 542,000 | BLDBLN6 |
| 0.32% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $515,733.19 | 473,000 | BR1H4Z1 |
| 0.32% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $514,009.79 | 719,000 | BMWT6D3 |
| 0.32% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $509,758.49 | 497,000 | BRZWYJ6 |
| 0.32% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $509,420.72 | 485,000 | BVK4BV6 |
| 0.32% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $509,161.50 | 500,000 | BL9XM77 |
| 0.32% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $507,520.00 | 488,000 | BR55K64 |
| 0.32% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $507,475.86 | 500,000 | BQ689G8 |
| 0.32% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $506,945.82 | 495,000 | BN6MM59 |
| 0.32% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $504,262.00 | 500,000 | BTGTPC0 |
| 0.32% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $504,140.59 | 489,000 | BT3CPW2 |
| 0.32% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $503,535.38 | 515,000 | BNHT925 |
| 0.31% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $501,925.62 | 517,000 | BLC9L19 |
| 0.31% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $501,293.00 | 500,000 | BSSBTZ8 |
| 0.31% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $497,937.13 | 486,000 | BQT2NG5 |
| 0.31% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $496,321.55 | 534,000 | BKPJT48 |
| 0.31% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $494,348.75 | 500,000 | BSJQ190 |
| 0.31% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $493,986.84 | 496,000 | BNTBJ41 |
| 0.31% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $493,639.81 | 501,000 | BN6JYJ8 |
| 0.31% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $491,883.99 | 496,000 | BT9NKJ1 |
| 0.31% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $487,134.71 | 467,000 | BV8DHB7 |
| 0.30% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $486,033.75 | 450,000 | BR1YSV6 |
| 0.30% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $483,255.87 | 464,000 | BQKRVC1 |
| 0.30% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $481,089.64 | 483,000 | BM8H4Y8 |
| 0.30% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $480,381.89 | 467,000 | BMCGQ56 |
| 0.30% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $479,283.35 | 495,000 | BMH29D8 |
| 0.30% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $478,268.41 | 550,000 | BV2JDH9 |
| 0.30% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $474,857.73 | 466,000 | BTTRLD4 |
| 0.30% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $472,525.20 | 450,000 | BP5JP78 |
| 0.29% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $469,832.82 | 446,000 | BMGC188 |
| 0.29% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $469,205.15 | 437,000 | BS88506 |
| 0.29% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $467,803.90 | 461,000 | BP812N6 |
| 0.29% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $467,296.20 | 450,000 | BR53N25 |
| 0.29% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $466,171.10 | 490,000 | BNKLFF3 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $465,955.59 | 492,000 | BPLFC68 |
| 0.29% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $462,416.72 | 441,000 | BPLL6H5 |
| 0.29% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $462,221.42 | 448,000 | BV0YZ47 |
| 0.29% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $460,243.58 | 426,000 | BMZMHS1 |
| 0.29% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $456,343.32 | 436,000 | BRC2671 |
| 0.29% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $456,175.03 | 433,000 | BP092P0 |
| 0.29% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $455,416.02 | 467,000 | BT7JWZ1 |
| 0.28% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $451,175.48 | 435,000 | BP092B6 |
| 0.28% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $447,472.50 | 449,000 | BQ9D885 |
| 0.28% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $443,521.87 | 432,000 | BP4YGK4 |
| 0.28% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $442,529.54 | 436,000 | BN95KZ1 |
| 0.28% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $442,479.94 | 413,000 | BV1C948 |
| 0.28% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $441,216.53 | 443,000 | BMHBB51 |
| 0.28% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $440,929.17 | 459,000 | BMT7QC9 |
| 0.28% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $440,089.26 | 427,000 | BV3PLR2 |
| 0.28% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $439,770.67 | 419,000 | BNRPLW7 |
| 0.27% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $434,060.84 | 452,000 | BP4Z8H8 |
| 0.27% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $432,356.74 | 433,000 | BM9PWX6 |
| 0.27% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $431,570.00 | 412,000 | BNRPV83 |
| 0.27% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $431,488.62 | 427,000 | BL54J73 |
| 0.27% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $429,655.80 | 420,000 | BSVLRC8 |
| 0.27% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $425,695.38 | 418,000 | BMW2F91 |
| 0.27% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $425,680.81 | 425,000 | BRS7WN8 |
| 0.26% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $422,751.40 | 409,000 | BVDKGL6 |
| 0.26% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $421,686.19 | 407,000 | BM8SW92 |
| 0.26% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $421,306.10 | 408,000 | BQB88K0 |
| 0.26% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $411,956.04 | 391,000 | BMCGQM3 |
| 0.26% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $411,712.00 | 400,000 | BVBCQP8 |
| 0.26% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $411,183.25 | 422,000 | BP83D39 |
| 0.26% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $410,193.75 | 393,000 | BMW2FL3 |
| 0.26% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $408,246.45 | 391,000 | BVMSGF5 |
| 0.25% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $401,387.24 | 378,000 | BPBRSM2 |
| 0.25% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $398,753.97 | 391,000 | BN49RB3 |
| 0.25% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $395,906.33 | 382,000 | BRBDSH9 |
| 0.25% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $395,602.85 | 391,000 | BTFHSL5 |
| 0.25% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $394,416.78 | 417,000 | BN6KWY2 |
| 0.24% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $389,837.11 | 382,000 | BRBVMG0 |
| 0.24% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $389,397.43 | 404,000 | BRT7X56 |
| 0.24% | -- | SM ENERGY CO | 8.38% | 07/01/2028 | -- | $388,777.98 | 376,000 | BRT7527 |
| 0.24% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $386,224.64 | 391,000 | BN0ZRZ9 |
| 0.24% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $385,947.96 | 371,000 | BMC94W8 |
| 0.24% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $381,145.65 | 367,000 | BQT2NL0 |
| 0.24% | -- | INVERSION ESCROW ISSUER | 6.75% | 08/01/2032 | -- | $380,749.71 | 382,000 | BVRTP89 |
| 0.24% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $378,784.87 | 431,000 | BRPT5J4 |
| 0.24% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $375,875.00 | 485,000 | BMH8323 |
| 0.23% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $373,484.51 | 392,000 | BMY8TS4 |
| 0.23% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $372,503.22 | 491,000 | BM93J39 |
| 0.23% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $366,475.86 | 392,000 | BMXHJH1 |
| 0.23% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $365,861.14 | 393,591 | BMDB423 |
| 0.23% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $365,157.15 | 367,000 | BSZ7DB3 |
| 0.23% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $363,132.06 | 349,000 | BMCMQL0 |
| 0.23% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $362,850.67 | 357,000 | BVMDN60 |
| 0.23% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $362,677.73 | 367,000 | BNM5Z19 |
| 0.22% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $357,749.79 | 345,000 | BVZMLG0 |
| 0.22% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $354,406.81 | 343,000 | BP091F3 |
| 0.22% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $353,634.37 | 343,000 | BRK14M1 |
| 0.22% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $352,986.44 | 347,000 | BMXHQ92 |
| 0.22% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $349,912.48 | 581,000 | BMY0HH5 |
| 0.22% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $347,638.41 | 338,000 | BR4XVS8 |
| 0.21% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $339,127.24 | 324,000 | BPK4CP5 |
| 0.21% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $336,507.91 | 312,000 | BMJ0LG7 |
| 0.20% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $324,690.12 | 324,000 | BR113M3 |
| 0.20% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $322,130.86 | 325,000 | BSNMMD5 |
| 0.20% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $317,780.32 | 400,000 | BNQPRV9 |
| 0.20% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $315,714.96 | 313,000 | BQ68CL4 |
| 0.19% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $310,655.74 | 309,000 | BQT3JM6 |
| 0.19% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $302,226.60 | 300,000 | BTPH0K8 |
| 0.19% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $301,037.13 | 290,000 | BVF9246 |
| 0.19% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $298,638.86 | 283,000 | BR2NN28 |
| 0.19% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $298,093.92 | 300,000 | BVSYM93 |
| 0.18% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $293,933.79 | 293,000 | BSKP420 |
| 0.18% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $287,404.96 | 287,000 | BMD14K1 |
| 0.18% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $286,057.01 | 284,000 | BPP2DX9 |
| 0.16% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $258,826.26 | 255,000 | BQ2KRD1 |
| 0.16% | -- | AECOM | 6.00% | 08/01/2033 | -- | $252,886.45 | 247,000 | BV2CGD5 |
| 0.15% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,907.92 | 235,000 | BN765Z1 |
| 0.14% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $222,686.44 | 233,000 | BMD9BZ9 |
| 0.13% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $208,124.84 | 202,000 | BSD6D23 |
| 0.12% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $191,941.44 | 301,000 | BP9LWV3 |
| 0.12% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $191,530.54 | 183,000 | BPK4TG5 |
| 0.12% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $187,626.14 | 188,000 | BQ3QRD8 |
| 0.12% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $185,468.71 | 181,000 | BS88ZW8 |
| 0.11% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $174,400.06 | 166,000 | BSNZ6B0 |
| 0.10% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $163,058.13 | 177,000 | BM9SD09 |
| 0.10% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $152,103.38 | 572,000 | BPGM651 |
| 0.09% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $141,573.15 | 135,000 | BNKBFF3 |
| 0.07% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $104,569.60 | 100,000 | BSML716 |
| 0.01% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $13,534.31 | 13,000 | BPH25H5 |
| -12.36% | -- | US 10YR NOTE (CBT) BOND 20/MAR/2026 TYH6 COMDTY | -- | -- | -19,745,000 | -- | -176 | -- |
| -35.93% | -- | US 2YR NOTE (CBT) BOND 31/MAR/2026 TUH6 COMDTY | -- | -- | -57,378,320 | -- | -275 | -- |
| -46.75% | -- | US 5YR NOTE (CBT) BOND 31/MAR/2026 FVH6 COMDTY | -- | -- | -74,662,875 | -- | -684 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $8,161,650.91 | 8,161,651 | -- |
Index
as of 12/31/2025
- Total Number of Issues262
- Long Portfolio Duration3.22
- Net Effective Duration-0.05
- Long Portfolio Yield7.20
- Net Index Yield7.16
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