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 4/30/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 1.88% | 1.44% | 3.38% | 2.16% | 9.59% | 10.02% | 6.85% | -- | 4.18% | 05/21/2013 |
| HYHG Market Price | 2.38% | 1.29% | 3.08% | 2.39% | 9.96% | 10.13% | 6.89% | -- | 4.21% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 2.03% | 1.60% | 3.63% | 2.50% | 10.18% | 10.45% | 7.28% | 6.63% | 4.88% | -- |
| 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 $172,479,896
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 4/30/2026- Number of Companies 237
- Net Effective Duration -0.02203
Price
as of 5/12/2026- NAV
- NAV Change
- Market Price $64.69
- Market Price Change $+0.01
- Trading Volume (M) 7,896
- 30-Day Median Bid Ask Spread 0.73%
- View Premium / Discount
Distributions
as of 4/30/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.56%
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 6.83%
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 $172,479,896
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 4/30/2026- Number of Companies 237
- Net Effective Duration -0.02203
Price
as of 5/12/2026- NAV
- NAV Change
- Market Price $64.69
- Market Price Change $+0.01
- Trading Volume (M) 7,896
- 30-Day Median Bid Ask Spread 0.73%
- View Premium / Discount
Distributions
as of 4/30/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 6.56%
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 6.83%
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 5/12/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.57% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,705,419.79 | 2,621,000 | BS9G792 |
| 1.40% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,417,190.35 | 2,385,000 | BPH26F0 |
| 1.39% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,397,359.21 | 2,308,000 | BNBV5N0 |
| 1.26% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,167,425.86 | 1,995,000 | BR54DP1 |
| 1.19% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,047,801.11 | 2,071,000 | BN2QTP4 |
| 1.07% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,852,741.09 | 1,806,000 | BV4K8M0 |
| 1.06% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,834,988.57 | 1,743,000 | BW5ZMJ6 |
| 0.91% | -- | CARNIVAL CORP LTD | 5.75% | 08/01/2032 | -- | $1,574,111.06 | 1,592,000 | BT7MYF4 |
| 0.90% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,561,130.90 | 1,537,000 | BVF9138 |
| 0.90% | -- | DISCOVERY HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,544,412.00 | 2,157,000 | BTPF2W8 |
| 0.85% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,464,546.55 | 1,495,000 | BVPVMW0 |
| 0.79% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,361,678.59 | 1,338,000 | BQ67HZ0 |
| 0.79% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,356,571.59 | 1,304,000 | BRK4301 |
| 0.78% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,343,726.14 | 1,323,000 | BQKN5B6 |
| 0.78% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,338,487.25 | 1,242,000 | BP2F579 |
| 0.75% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,290,785.65 | 1,250,000 | BRXZ215 |
| 0.75% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,288,439.12 | 1,264,000 | BNM6H94 |
| 0.74% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $1,275,208.32 | 1,283,000 | BS2FMQ8 |
| 0.74% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,273,159.87 | 1,254,000 | BVDKGM7 |
| 0.72% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $1,238,596.85 | 1,207,000 | BV1C948 |
| 0.70% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,204,523.77 | 1,223,000 | BMVXSB8 |
| 0.68% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,169,726.63 | 1,176,000 | BSTKQX1 |
| 0.67% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,159,800.05 | 1,170,000 | BRJQLF9 |
| 0.66% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,141,969.53 | 1,096,000 | BV5GRT7 |
| 0.66% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,138,743.16 | 1,179,000 | BSHT8Y5 |
| 0.66% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,137,586.74 | 1,074,000 | BRSF6F2 |
| 0.65% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,124,815.13 | 1,047,000 | BVMR221 |
| 0.64% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,098,873.73 | 1,100,000 | BW2K4P4 |
| 0.63% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,089,055.30 | 1,073,000 | BV6KVR4 |
| 0.62% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,076,653.75 | 1,085,000 | BTFHSL5 |
| 0.62% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,072,005.91 | 1,039,000 | BQB9NW0 |
| 0.61% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,056,411.48 | 1,083,000 | BNTZ4D7 |
| 0.61% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,053,071.88 | 966,000 | BQ80PR5 |
| 0.61% | -- | OAK-EAGLE ACQUIRECO INC CALLABLE NOTES FIXED 8.75% 01/JUL/2034 USD 1000 | -- | -- | -- | $1,049,960.33 | 1,000,000 | -- |
| 0.60% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,041,758.24 | 1,098,000 | BS89C64 |
| 0.60% | -- | OAK-EAGLE ACQUIRECO INC CALLABLE NOTES FIXED 7.25% 01/JUL/2033 USD 1000 | -- | -- | -- | $1,039,510.73 | 1,000,000 | -- |
| 0.60% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,038,440.56 | 1,268,000 | BMVZMH8 |
| 0.60% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,036,211.31 | 1,038,000 | BM8K6S5 |
| 0.60% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,030,376.00 | 1,000,000 | BT7HWD3 |
| 0.60% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,027,887.72 | 1,019,000 | BV99DS3 |
| 0.59% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,016,862.22 | 996,000 | BPLP3M1 |
| 0.59% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,016,638.40 | 1,037,000 | BV4FWX4 |
| 0.59% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $1,013,441.33 | 975,000 | BP9MC16 |
| 0.57% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $981,743.49 | 945,000 | BQ2KRF3 |
| 0.57% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $980,525.25 | 1,006,000 | BS2FZM5 |
| 0.56% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $970,535.09 | 977,000 | BMWDGR9 |
| 0.56% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $963,053.94 | 1,000,000 | BVBCQJ2 |
| 0.56% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $957,457.52 | 937,000 | BQMJ1N6 |
| 0.55% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $945,866.92 | 929,000 | BT7HYL5 |
| 0.54% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $935,358.73 | 901,000 | BLC8Z03 |
| 0.54% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $932,082.75 | 931,000 | BNRNCC8 |
| 0.53% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $918,224.42 | 901,000 | BNZG7Q8 |
| 0.53% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $914,977.51 | 968,000 | BM9YJB0 |
| 0.53% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $909,692.18 | 941,000 | BN7SNC0 |
| 0.51% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $887,134.85 | 1,001,000 | BM94BT2 |
| 0.50% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $864,455.20 | 875,000 | BVBFJY7 |
| 0.50% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $858,133.68 | 835,000 | BS6V604 |
| 0.50% | -- | DISCOVERY HOLDINGS INC | 4.28% | 03/15/2032 | -- | $855,900.00 | 951,000 | BRJHSK6 |
| 0.50% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $854,074.16 | 880,000 | BMBJVY0 |
| 0.48% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $823,715.55 | 798,000 | BS6S7M4 |
| 0.48% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $820,049.52 | 837,353 | BT68Y19 |
| 0.47% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $813,444.32 | 799,000 | BNDQTF3 |
| 0.46% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $794,135.58 | 793,000 | BPVDS42 |
| 0.46% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $785,169.20 | 800,000 | BVK50T0 |
| 0.45% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $779,566.50 | 750,000 | BVK6BT0 |
| 0.45% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $774,667.84 | 790,000 | BW5TCD2 |
| 0.45% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $769,703.76 | 735,000 | BRT75V6 |
| 0.44% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $764,934.04 | 726,000 | BRQPKY1 |
| 0.44% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $762,230.75 | 738,000 | BTFHQJ9 |
| 0.44% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $756,455.04 | 741,000 | BS9C5X0 |
| 0.44% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $753,799.24 | 748,000 | BQ1PCD2 |
| 0.44% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $753,360.76 | 742,000 | BTTRMX1 |
| 0.43% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $748,574.56 | 736,000 | BVF9246 |
| 0.43% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $748,507.95 | 750,000 | BS84Y29 |
| 0.43% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $742,954.96 | 737,000 | BPW9BQ2 |
| 0.42% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $728,870.42 | 827,000 | BRXCZB7 |
| 0.42% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $726,068.35 | 727,000 | BMCGQ56 |
| 0.41% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $712,368.10 | 694,000 | BPSN522 |
| 0.41% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $709,285.02 | 706,000 | BQB7JV5 |
| 0.41% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $702,901.00 | 705,000 | BPP2DX9 |
| 0.41% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $701,306.74 | 681,000 | BV8DHB7 |
| 0.41% | -- | SWORD PURCHASER LLC CALLABLE NOTES FIXED 8.25% 15/APR/2033 USD 1000 | -- | -- | -- | $700,579.93 | 687,000 | -- |
| 0.41% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $699,692.57 | 685,000 | BSNQ215 |
| 0.40% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $694,693.46 | 805,000 | BMBVFS8 |
| 0.40% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $693,587.41 | 695,000 | BTPH0K8 |
| 0.40% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $692,496.75 | 697,000 | BMZBL86 |
| 0.40% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $691,276.48 | 652,000 | BVK4MV3 |
| 0.40% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $681,762.34 | 1,078,000 | BRBCV11 |
| 0.39% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $681,382.85 | 642,000 | BTWWV25 |
| 0.39% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $677,576.62 | 682,000 | BMF9C65 |
| 0.39% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $672,883.60 | 649,000 | BTCK903 |
| 0.39% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $672,247.55 | 650,000 | BMGDND0 |
| 0.39% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $671,323.66 | 799,000 | BNNPV76 |
| 0.39% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $670,362.46 | 674,000 | BR886L7 |
| 0.38% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $663,756.48 | 663,000 | BSHX319 |
| 0.38% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $661,005.62 | 657,000 | BTG0PS9 |
| 0.38% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $660,046.77 | 675,000 | BVMS268 |
| 0.38% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $658,735.00 | 638,000 | BR55K64 |
| 0.38% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $658,656.81 | 630,000 | BV3PLR2 |
| 0.37% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $636,795.49 | 665,000 | BPVBYZ9 |
| 0.37% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $634,361.11 | 616,000 | BQKRVC1 |
| 0.37% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $632,456.92 | 628,000 | BVMDN60 |
| 0.37% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $630,896.93 | 617,000 | BLB3TG3 |
| 0.36% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $629,664.09 | 601,000 | BPG27W5 |
| 0.36% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $629,638.64 | 638,000 | BWBZMK1 |
| 0.36% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $627,974.03 | 613,000 | BP946X2 |
| 0.36% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $625,496.32 | 640,000 | BT3F8Q6 |
| 0.36% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $623,707.68 | 607,000 | BQXJKM7 |
| 0.36% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $620,714.87 | 629,000 | BMVXP62 |
| 0.35% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $612,111.56 | 621,000 | BM8H4Y8 |
| 0.35% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $608,724.78 | 602,000 | BQTWXH6 |
| 0.35% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $607,493.75 | 571,000 | BPBRSM2 |
| 0.35% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $602,191.75 | 609,000 | BVBFJZ8 |
| 0.35% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $595,528.36 | 594,000 | BNHS096 |
| 0.34% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $589,111.34 | 581,000 | BPX27Q2 |
| 0.34% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $587,247.01 | 578,000 | BMXG8Y8 |
| 0.34% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $578,725.81 | 779,000 | BV2JDH9 |
| 0.33% | -- | CARNIVAL CORP LTD | 6.13% | 02/15/2033 | -- | $576,409.89 | 579,000 | BV0YZ47 |
| 0.33% | -- | LIFEPOINT HEALTH INC CALLABLE NOTES FIXED 7% 01/MAY/2034 USD 1000 | -- | -- | -- | $572,274.55 | 582,000 | -- |
| 0.33% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $570,690.00 | 541,000 | BVMSGF5 |
| 0.33% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $566,979.43 | 548,000 | BTCCGD1 |
| 0.33% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $563,568.85 | 543,000 | BRBCTZ1 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $558,406.75 | 550,000 | BMVXP51 |
| 0.32% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $555,436.01 | 526,000 | BMZMHS1 |
| 0.32% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $553,479.32 | 560,000 | BTGTPC0 |
| 0.32% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $551,743.63 | 528,000 | BLDCTF7 |
| 0.32% | -- | EDGED COMPUTE LLC CALLABLE NOTES FIXED 7.5% 30/APR/2031 USD 1000 | -- | -- | -- | $551,608.41 | 561,000 | -- |
| 0.32% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $543,480.00 | 525,000 | BTJS1V5 |
| 0.31% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $539,953.34 | 576,000 | BS84LN9 |
| 0.31% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $538,671.87 | 505,000 | BRCDDH3 |
| 0.31% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $537,814.49 | 526,000 | BMJ0LG7 |
| 0.31% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $537,005.56 | 550,000 | BSSBTZ8 |
| 0.31% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $536,040.48 | 630,000 | BP7LR98 |
| 0.31% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $527,733.14 | 719,000 | BMWT6D3 |
| 0.31% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $527,455.36 | 536,000 | BVBG0S1 |
| 0.31% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $527,082.15 | 525,000 | BRS7WN8 |
| 0.30% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $525,348.94 | 513,000 | BT3FDQ1 |
| 0.30% | -- | COREWEAVE INC CALLABLE NOTES FIXED 9.75% 01/OCT/2031 USD 1000 | -- | -- | -- | $522,393.14 | 514,000 | -- |
| 0.30% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $520,684.60 | 542,000 | BLDBLN6 |
| 0.30% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $518,324.68 | 530,000 | BTXQV60 |
| 0.30% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $515,988.73 | 575,000 | BM9SD09 |
| 0.30% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $511,978.44 | 517,000 | BLC9L19 |
| 0.30% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $511,063.48 | 511,000 | BLDCF37 |
| 0.29% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $505,802.86 | 497,000 | BRZWYJ6 |
| 0.29% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $505,032.93 | 485,000 | BVK4BV6 |
| 0.29% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $504,892.90 | 541,000 | BSJQ190 |
| 0.29% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $503,793.51 | 563,000 | BS3BCF4 |
| 0.29% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $503,597.30 | 504,000 | BTJYMV0 |
| 0.29% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $503,497.78 | 500,000 | BL9XM77 |
| 0.29% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $500,869.30 | 492,000 | BVZMLG0 |
| 0.29% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $498,523.41 | 495,000 | BN6MM59 |
| 0.29% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $495,875.01 | 489,000 | BT3CPW2 |
| 0.28% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $490,815.81 | 495,000 | BPLPFQ9 |
| 0.28% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $488,740.81 | 485,000 | BTMSZJ8 |
| 0.28% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $488,710.45 | 500,000 | BQ689G8 |
| 0.28% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $487,080.13 | 496,000 | BT9NKJ1 |
| 0.28% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $484,242.82 | 486,000 | BQT2NG5 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $482,099.26 | 495,000 | BMH29D8 |
| 0.28% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $479,275.65 | 450,000 | BR1YSV6 |
| 0.28% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $476,138.20 | 534,000 | BQ68CL4 |
| 0.28% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $475,334.08 | 467,000 | BT7JWZ1 |
| 0.28% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $475,062.44 | 522,000 | BVSYM93 |
| 0.28% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $474,533.39 | 466,000 | BTTRLD4 |
| 0.27% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $474,155.74 | 492,000 | BPLFC68 |
| 0.27% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $467,508.02 | 446,000 | BMGC188 |
| 0.27% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $463,866.63 | 437,000 | BS88506 |
| 0.27% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $463,705.65 | 450,000 | BR53N25 |
| 0.27% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $462,682.27 | 470,000 | BR113M3 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $461,544.16 | 449,000 | BQ9D885 |
| 0.27% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $459,152.39 | 459,000 | BVYL9V9 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $457,567.27 | 441,000 | BPLL6H5 |
| 0.26% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $456,169.19 | 442,000 | BSKP420 |
| 0.26% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $454,518.23 | 436,000 | BRC2671 |
| 0.26% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $452,119.12 | 433,000 | BP092P0 |
| 0.26% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $450,429.20 | 611,000 | BM93J39 |
| 0.26% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $448,925.72 | 431,000 | BP488V1 |
| 0.26% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $444,473.87 | 435,000 | BP092B6 |
| 0.25% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,263.46 | 436,000 | BN95KZ1 |
| 0.25% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,749.83 | 419,000 | BNRPLW7 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $436,161.02 | 432,000 | BP4YGK4 |
| 0.25% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $432,404.84 | 433,000 | BM9PWX6 |
| 0.25% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $424,936.80 | 412,000 | BNRPV83 |
| 0.25% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $423,965.22 | 420,000 | BSVLRC8 |
| 0.25% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $423,295.39 | 427,000 | BL54J73 |
| 0.25% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $423,090.62 | 442,000 | BMY8TS4 |
| 0.24% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $419,710.52 | 407,000 | BM8SW92 |
| 0.24% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $418,885.17 | 452,000 | BP4Z8H8 |
| 0.24% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $416,700.41 | 429,000 | BW1N539 |
| 0.24% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $415,325.19 | 409,000 | BVDKGL6 |
| 0.24% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $414,477.82 | 408,000 | BQB88K0 |
| 0.24% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $414,425.50 | 400,000 | BVBCQP8 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $412,549.47 | 411,000 | BR1FF63 |
| 0.24% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $410,643.20 | 418,000 | BMW2F91 |
| 0.24% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $408,713.47 | 391,000 | BMCGQM3 |
| 0.24% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $408,667.41 | 393,000 | BMW2FL3 |
| 0.24% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $405,858.17 | 393,000 | BRK14M1 |
| 0.23% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $404,340.40 | 422,000 | BP83D39 |
| 0.23% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $399,893.69 | 391,000 | BN49RB3 |
| 0.23% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $398,907.03 | 407,000 | BTMT0G3 |
| 0.23% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $398,859.79 | 417,000 | BN6KWY2 |
| 0.23% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $390,692.03 | 382,000 | BRBDSH9 |
| 0.22% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $387,482.40 | 417,000 | BMCM256 |
| 0.22% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $387,008.02 | 382,000 | BRBVMG0 |
| 0.22% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $384,828.28 | 371,000 | BMC94W8 |
| 0.22% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $372,548.31 | 367,000 | BQT2NL0 |
| 0.22% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $371,413.99 | 382,000 | BVRTP89 |
| 0.21% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $365,478.75 | 367,000 | BSZ7DB3 |
| 0.21% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $364,085.18 | 349,000 | BMCMQL0 |
| 0.21% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $362,040.00 | 431,000 | BRPT5J4 |
| 0.21% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $355,302.99 | 356,000 | BV4J2P8 |
| 0.20% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $349,724.64 | 347,000 | BMXHQ92 |
| 0.20% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $344,919.07 | 333,000 | BR2NN28 |
| 0.20% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $344,226.97 | 338,000 | BR4XVS8 |
| 0.20% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $337,363.06 | 324,000 | BPK4CP5 |
| 0.19% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $334,470.72 | 343,000 | BTZRRR4 |
| 0.18% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $316,470.46 | 325,000 | BSNMMD5 |
| 0.18% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $305,720.37 | 309,000 | BQT3JM6 |
| 0.17% | -- | AECOM | 6.00% | 08/01/2033 | -- | $298,463.36 | 297,000 | BV2CGD5 |
| 0.16% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $281,247.50 | 589,000 | BP9LWV3 |
| 0.16% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $275,061.49 | 266,000 | BSNZ6B0 |
| 0.15% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $258,336.42 | 255,000 | BQ2KRD1 |
| 0.15% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $254,363.28 | 260,000 | BRBNWB1 |
| 0.14% | -- | YUM| BRANDS INC CALLABLE NOTES FIXED 5.375% 01/APR/2032 USD 1000 | -- | -- | -- | $244,369.93 | 245,000 | -- |
| 0.14% | -- | STANDARD BUILDING SOLUTIONS INC CALLABLE NOTES FIXED 6.5% 15/AUG/2032 USD 1000 | -- | -- | -- | $240,370.61 | 238,000 | -- |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,578.34 | 235,000 | BN765Z1 |
| 0.13% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $227,736.81 | 226,000 | BVCHTT7 |
| 0.13% | -- | FLASH COMPUTE LLC CALLABLE NOTES FIXED 7.25% 31/DEC/2030 USD 1000 | -- | -- | -- | $221,416.42 | 216,000 | -- |
| 0.12% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $214,860.96 | 233,000 | BMD9BZ9 |
| 0.12% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $207,085.00 | 200,000 | BSML716 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $205,983.84 | 202,000 | BSD6D23 |
| 0.11% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $197,645.07 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $190,854.36 | 183,000 | BPK4TG5 |
| 0.10% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $176,111.86 | 188,000 | BQ3QRD8 |
| 0.10% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $167,063.49 | 165,000 | BPH25H5 |
| 0.09% | -- | CELANESE US HOLDINGS LLC CALLABLE NOTES FIXED 7.2% 15/NOV/2033 USD 1000 | -- | -- | -- | $161,220.81 | 150,000 | -- |
| 0.09% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $155,335.80 | 150,000 | BV5GRS6 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $139,359.56 | 135,000 | BNKBFF3 |
| 0.07% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $119,315.84 | 224,000 | BMY0HH5 |
| 0.06% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $109,005.78 | 109,000 | BTWSX61 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $103,729.41 | 108,000 | BNZKRX7 |
| 0.05% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $80,007.04 | 80,000 | BS88ZW8 |
| -16.26% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2026 TYM6 COMDTY | -- | -- | -28,057,969 | -- | -255 | -- |
| -32.12% | -- | US 2YR NOTE (CBT) BOND 30/JUN/2026 TUM6 COMDTY | -- | -- | -55,402,719 | -- | -268 | -- |
| -46.06% | -- | US 5YR NOTE (CBT) BOND 30/JUN/2026 FVM6 COMDTY | -- | -- | -79,463,282 | -- | -740 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $8,937,527.36 | 8,937,527 | -- |
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