HYHG invests in a portfolio of high-yield corporate bonds, while seeking to hedge against the potential negative impact of rising interest rates.
HYHG
High Yield - Interest Rate Hedged
Why HYHG?
High Yield Bond Returns
HYHG targets the returns of a diversified portfolio of high yield corporate bonds.
Hedge Against Rising Rates
HYHG provides corporate bond exposure with a built-in hedge against rising rates, utilizing short positions in U.S. Treasury futures.
Lower Rate Sensitivity
By targeting a duration of zero, HYHG seeks to have almost no sensitivity to rising rates, unlike other short-term bond funds.
View fund details
Documents & Downloads
ETF & Index
Prospectus & Regulatory
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
Month-End Total Returns as of 3/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.25% | 0.28% | 1.58% | 0.28% | 6.90% | 9.48% | 6.56% | 6.26% | 4.06% | 05/21/2013 |
| HYHG Market Price | -0.12% | 0.01% | 1.16% | 0.01% | 6.59% | 9.28% | 6.41% | 6.23% | 4.05% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.17% | 0.46% | 1.65% | 0.46% | 7.36% | 9.94% | 6.95% | 6.89% | 4.75% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.25% | 0.28% | 1.58% | 0.28% | 6.90% | 9.48% | 6.56% | 6.26% | 4.06% | 05/21/2013 |
| HYHG Market Price | -0.12% | 0.01% | 1.16% | 0.01% | 6.59% | 9.28% | 6.41% | 6.23% | 4.05% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.17% | 0.46% | 1.65% | 0.46% | 7.36% | 9.94% | 6.95% | 6.89% | 4.75% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Net Assets $166,277,172
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 3/31/2026- Number of Companies 243
- Net Effective Duration -0.07522
Price
as of 4/21/2026- NAV
- NAV Change
- Market Price $64.82
- Market Price Change $+0.18
- Trading Volume (M) 5,518
- View Premium / Discount
Distributions
as of 3/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 7.16%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Yield 6.95%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Net Assets $166,277,172
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 3/31/2026- Number of Companies 243
- Net Effective Duration -0.07522
Price
as of 4/21/2026- NAV
- NAV Change
- Market Price $64.82
- Market Price Change $+0.18
- Trading Volume (M) 5,518
- View Premium / Discount
Distributions
as of 3/31/2026- Distribution Frequency Monthly
- SEC 30-Day Yield 7.16%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- 12-Month Yield 6.95%
12-Month Yield represents the sum of the funds dividends for the last 12 months divided by the sum of the last month's NAV and any capital gain distributions made over the past 12 months.
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 4/21/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.53% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,536,229.46 | 2,471,000 | BS9G792 |
| 1.47% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,438,385.84 | 2,385,000 | BPH26F0 |
| 1.46% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,424,392.44 | 2,308,000 | BNBV5N0 |
| 1.30% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,162,967.03 | 1,995,000 | BR54DP1 |
| 1.22% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,032,060.64 | 2,071,000 | BN2QTP4 |
| 1.12% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,866,056.72 | 1,806,000 | BV4K8M0 |
| 1.10% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,832,669.61 | 1,743,000 | BW5ZMJ6 |
| 0.97% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,613,802.44 | 1,592,000 | BT7MYF4 |
| 0.93% | -- | DISCOVERY HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,542,341.28 | 2,157,000 | BTPF2W8 |
| 0.89% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,478,088.71 | 1,495,000 | BVPVMW0 |
| 0.83% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,376,519.68 | 1,338,000 | BQ67HZ0 |
| 0.80% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,337,147.14 | 1,242,000 | BP2F579 |
| 0.78% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,303,798.75 | 1,250,000 | BRXZ215 |
| 0.78% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,293,104.86 | 1,264,000 | BNM6H94 |
| 0.77% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,287,834.91 | 1,283,000 | BS2FMQ8 |
| 0.77% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,281,324.66 | 1,254,000 | BVDKGM7 |
| 0.72% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,204,943.63 | 1,223,000 | BMVXSB8 |
| 0.72% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,201,689.05 | 1,154,000 | BRK4301 |
| 0.72% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,192,170.00 | 1,176,000 | BSTKQX1 |
| 0.71% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,184,047.30 | 1,179,000 | BSHT8Y5 |
| 0.69% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,152,705.18 | 1,170,000 | BRJQLF9 |
| 0.69% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,143,652.98 | 1,096,000 | BV5GRT7 |
| 0.69% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,141,476.20 | 1,074,000 | BRSF6F2 |
| 0.68% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,122,867.14 | 1,047,000 | BVMR221 |
| 0.67% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,110,089.20 | 1,100,000 | BW2K4P4 |
| 0.67% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,108,435.71 | 1,091,000 | BQKN5B6 |
| 0.66% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,105,343.62 | 1,268,000 | BMVZMH8 |
| 0.66% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,093,697.10 | 1,073,000 | BV6KVR4 |
| 0.65% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,085,161.13 | 1,085,000 | BTFHSL5 |
| 0.65% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,080,253.16 | 1,068,000 | BVF9138 |
| 0.64% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,063,196.58 | 1,098,000 | BS89C64 |
| 0.63% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,051,637.83 | 966,000 | BQ80PR5 |
| 0.62% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,031,586.69 | 1,019,000 | BV99DS3 |
| 0.62% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,031,291.91 | 1,000,000 | BT7HWD3 |
| 0.62% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,027,652.30 | 1,038,000 | BM8K6S5 |
| 0.62% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,024,213.74 | 1,037,000 | BV4FWX4 |
| 0.61% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,021,598.20 | 996,000 | BPLP3M1 |
| 0.61% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $1,011,814.05 | 975,000 | BP9MC16 |
| 0.59% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $987,486.26 | 945,000 | BQ2KRF3 |
| 0.59% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $975,123.60 | 1,000,000 | BVBCQJ2 |
| 0.59% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $973,659.92 | 1,006,000 | BS2FZM5 |
| 0.58% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $972,718.40 | 977,000 | BMWDGR9 |
| 0.58% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $958,267.57 | 937,000 | BQMJ1N6 |
| 0.57% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $953,911.14 | 929,000 | BT7HYL5 |
| 0.57% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $944,693.15 | 931,000 | BNRNCC8 |
| 0.56% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $937,149.92 | 901,000 | BLC8Z03 |
| 0.56% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $923,116.36 | 968,000 | BM9YJB0 |
| 0.55% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $922,544.88 | 901,000 | BNZG7Q8 |
| 0.55% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $918,105.86 | 889,000 | BQB9NW0 |
| 0.54% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $901,770.93 | 941,000 | BN7SNC0 |
| 0.53% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $882,511.53 | 1,001,000 | BM94BT2 |
| 0.52% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $872,924.19 | 875,000 | BVBFJY7 |
| 0.52% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $870,652.79 | 896,000 | BNTZ4D7 |
| 0.52% | -- | DISCOVERY HOLDINGS INC | 4.28% | 03/15/2032 | -- | $863,802.81 | 951,000 | BRJHSK6 |
| 0.52% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $858,450.27 | 886,000 | BNW2059 |
| 0.52% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $858,122.82 | 835,000 | BS6V604 |
| 0.51% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $855,919.86 | 880,000 | BMBJVY0 |
| 0.50% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $832,912.97 | 846,000 | BMV1LQ8 |
| 0.50% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $823,738.73 | 837,353 | BT68Y19 |
| 0.49% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $822,871.07 | 798,000 | BS6S7M4 |
| 0.49% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $813,799.88 | 799,000 | BNDQTF3 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $812,580.16 | 826,000 | BJNPGH3 |
| 0.49% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $807,498.67 | 782,000 | BM8K1F7 |
| 0.49% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $806,782.93 | 1,078,000 | BRBCV11 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $794,974.57 | 793,000 | BPVDS42 |
| 0.48% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $794,961.44 | 827,000 | BRXCZB7 |
| 0.47% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $787,051.20 | 800,000 | BVK50T0 |
| 0.47% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $777,965.25 | 750,000 | BVK6BT0 |
| 0.46% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $769,863.26 | 735,000 | BRT75V6 |
| 0.46% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $766,802.65 | 726,000 | BRQPKY1 |
| 0.46% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $762,177.62 | 738,000 | BTFHQJ9 |
| 0.46% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $759,814.68 | 742,000 | BTTRMX1 |
| 0.45% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $754,528.50 | 750,000 | BS84Y29 |
| 0.45% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $753,515.47 | 748,000 | BQ1PCD2 |
| 0.45% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $744,249.87 | 737,000 | BPW9BQ2 |
| 0.44% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $735,965.73 | 690,000 | BVK4MV3 |
| 0.44% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $734,024.92 | 805,000 | BMBVFS8 |
| 0.43% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $715,392.02 | 767,000 | BMV1L02 |
| 0.42% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $705,528.75 | 705,000 | BPP2DX9 |
| 0.42% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $704,844.25 | 651,000 | BR1H4Z1 |
| 0.42% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $703,436.09 | 685,000 | BSNQ215 |
| 0.42% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $700,423.66 | 697,000 | BMZBL86 |
| 0.42% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $697,836.99 | 695,000 | BTPH0K8 |
| 0.42% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $690,469.76 | 682,000 | BMF9C65 |
| 0.41% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $685,233.56 | 642,000 | BTWWV25 |
| 0.41% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $678,596.68 | 674,000 | BR886L7 |
| 0.41% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $673,695.10 | 649,000 | BTCK903 |
| 0.40% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $665,912.30 | 675,000 | BVMS268 |
| 0.40% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $664,688.43 | 630,000 | BV3PLR2 |
| 0.40% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $658,374.48 | 799,000 | BNNPV76 |
| 0.39% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $643,651.17 | 665,000 | BPVBYZ9 |
| 0.38% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $636,469.21 | 628,000 | BVMDN60 |
| 0.38% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $636,059.33 | 640,000 | BT3F8Q6 |
| 0.38% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $634,638.90 | 613,000 | BP946X2 |
| 0.38% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $630,256.87 | 638,000 | BWBZMK1 |
| 0.38% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $630,181.59 | 617,000 | BLB3TG3 |
| 0.38% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $630,046.93 | 601,000 | BPG27W5 |
| 0.38% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $627,831.82 | 629,000 | BMVXP62 |
| 0.38% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $624,408.15 | 607,000 | BQXJKM7 |
| 0.37% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $608,007.36 | 602,000 | BQTWXH6 |
| 0.36% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $603,696.72 | 779,000 | BV2JDH9 |
| 0.36% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $595,580.63 | 594,000 | BNHS096 |
| 0.36% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $591,047.24 | 571,000 | BV8DHB7 |
| 0.36% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $590,429.05 | 581,000 | BPX27Q2 |
| 0.35% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $586,742.41 | 578,000 | BMXG8Y8 |
| 0.35% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $580,987.11 | 566,000 | BVF9246 |
| 0.34% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $570,961.75 | 548,000 | BTCCGD1 |
| 0.34% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $567,769.49 | 543,000 | BRBCTZ1 |
| 0.34% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $562,067.55 | 550,000 | BMVXP51 |
| 0.34% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $560,471.31 | 560,000 | BTGTPC0 |
| 0.34% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $560,354.04 | 556,000 | BQB7JV5 |
| 0.34% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $558,438.42 | 526,000 | BMZMHS1 |
| 0.34% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $557,701.18 | 576,000 | BS84LN9 |
| 0.33% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $555,982.69 | 630,000 | BP7LR98 |
| 0.33% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $551,837.62 | 528,000 | BLDCTF7 |
| 0.33% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $545,593.84 | 550,000 | BSSBTZ8 |
| 0.33% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $541,737.00 | 525,000 | BTJS1V5 |
| 0.32% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $540,033.13 | 559,000 | BMT7QC9 |
| 0.32% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $540,004.08 | 505,000 | BRCDDH3 |
| 0.32% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $539,920.47 | 719,000 | BMWT6D3 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $530,093.07 | 536,000 | BVBG0S1 |
| 0.32% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $529,190.73 | 575,000 | BM9SD09 |
| 0.32% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $525,436.25 | 563,000 | BS3BCF4 |
| 0.32% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $523,939.24 | 513,000 | BT3FDQ1 |
| 0.31% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $521,788.02 | 530,000 | BTXQV60 |
| 0.31% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $518,679.80 | 542,000 | BLDBLN6 |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $515,197.00 | 500,000 | BMGDND0 |
| 0.31% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $514,477.50 | 500,000 | BS9C5X0 |
| 0.31% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $513,127.50 | 500,000 | BPSN522 |
| 0.31% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $511,010.24 | 517,000 | BLC9L19 |
| 0.31% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $510,604.47 | 500,000 | BL9XM77 |
| 0.31% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $508,769.85 | 485,000 | BVK4BV6 |
| 0.31% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $508,279.42 | 497,000 | BRZWYJ6 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $507,557.19 | 511,000 | BLDCF37 |
| 0.30% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $504,976.00 | 500,000 | BSHX319 |
| 0.30% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $504,914.08 | 488,000 | BR55K64 |
| 0.30% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $503,256.96 | 492,000 | BVZMLG0 |
| 0.30% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $502,724.00 | 500,000 | BTG0PS9 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $499,973.27 | 495,000 | BN6MM59 |
| 0.30% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $498,771.69 | 489,000 | BT3CPW2 |
| 0.30% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $498,151.55 | 500,000 | BVBFJZ8 |
| 0.30% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $497,245.80 | 500,000 | BW5TCD2 |
| 0.30% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $494,570.80 | 500,000 | BQ689G8 |
| 0.30% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $491,117.03 | 496,000 | BT9NKJ1 |
| 0.29% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $489,841.41 | 522,000 | BVSYM93 |
| 0.29% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $486,410.18 | 486,000 | BQT2NG5 |
| 0.29% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $484,822.39 | 611,000 | BM93J39 |
| 0.29% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $481,249.80 | 450,000 | BR1YSV6 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $479,758.83 | 464,000 | BQKRVC1 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $478,839.74 | 495,000 | BMH29D8 |
| 0.29% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $478,187.53 | 483,000 | BM8H4Y8 |
| 0.29% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $475,804.64 | 466,000 | BTTRLD4 |
| 0.28% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $473,940.09 | 467,000 | BT7JWZ1 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $471,255.26 | 492,000 | BPLFC68 |
| 0.28% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $469,679.92 | 446,000 | BMGC188 |
| 0.28% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $469,514.80 | 467,000 | BMCGQ56 |
| 0.28% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $465,315.14 | 470,000 | BR113M3 |
| 0.28% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $464,664.97 | 437,000 | BS88506 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $463,243.50 | 450,000 | BR53N25 |
| 0.28% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $461,424.35 | 459,000 | BVYL9V9 |
| 0.28% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $460,223.20 | 449,000 | BQ9D885 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $456,133.36 | 441,000 | BPLL6H5 |
| 0.27% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $455,324.71 | 448,000 | BV0YZ47 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $454,649.00 | 442,000 | BSKP420 |
| 0.27% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $454,389.61 | 436,000 | BRC2671 |
| 0.27% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $452,537.39 | 433,000 | BP092P0 |
| 0.27% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $448,964.75 | 431,000 | BP488V1 |
| 0.27% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $445,395.63 | 435,000 | BP092B6 |
| 0.26% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $440,455.34 | 436,000 | BN95KZ1 |
| 0.26% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $439,998.32 | 443,000 | BMHBB51 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $439,535.81 | 432,000 | BP4YGK4 |
| 0.26% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,391.59 | 419,000 | BNRPLW7 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $433,342.66 | 427,000 | BL54J73 |
| 0.26% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $431,314.07 | 413,000 | BV1C948 |
| 0.26% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $431,217.47 | 433,000 | BM9PWX6 |
| 0.26% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $428,111.61 | 442,000 | BMY8TS4 |
| 0.26% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $427,427.02 | 452,000 | BP4Z8H8 |
| 0.26% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $426,221.03 | 412,000 | BNRPV83 |
| 0.26% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $425,506.62 | 420,000 | BSVLRC8 |
| 0.25% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $423,689.49 | 429,000 | BW1N539 |
| 0.25% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $423,370.81 | 425,000 | BRS7WN8 |
| 0.25% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $420,422.86 | 407,000 | BM8SW92 |
| 0.25% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $417,053.52 | 408,000 | BQB88K0 |
| 0.25% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $416,799.63 | 409,000 | BVDKGL6 |
| 0.25% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $416,419.96 | 418,000 | BMW2F91 |
| 0.25% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $415,385.20 | 400,000 | BVBCQP8 |
| 0.25% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $414,236.35 | 391,000 | BVMSGF5 |
| 0.25% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $410,615.69 | 391,000 | BMCGQM3 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $410,578.89 | 393,000 | BMW2FL3 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $405,665.22 | 411,000 | BR1FF63 |
| 0.24% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $405,136.63 | 393,000 | BRK14M1 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $404,150.88 | 422,000 | BP83D39 |
| 0.24% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $402,989.31 | 404,000 | BRT7X56 |
| 0.24% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $402,003.38 | 378,000 | BPBRSM2 |
| 0.24% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $400,821.94 | 417,000 | BMCM256 |
| 0.24% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $399,851.33 | 417,000 | BN6KWY2 |
| 0.24% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $399,534.39 | 391,000 | BN49RB3 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $392,138.66 | 382,000 | BRBDSH9 |
| 0.23% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $387,894.26 | 382,000 | BRBVMG0 |
| 0.23% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $383,031.16 | 371,000 | BMC94W8 |
| 0.22% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $373,062.11 | 367,000 | BQT2NL0 |
| 0.22% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $372,525.10 | 382,000 | BVRTP89 |
| 0.22% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $368,030.90 | 367,000 | BSZ7DB3 |
| 0.22% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $366,076.84 | 349,000 | BMCMQL0 |
| 0.22% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $360,425.23 | 367,000 | BNM5Z19 |
| 0.22% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $358,151.31 | 356,000 | BV4J2P8 |
| 0.21% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $353,786.25 | 354,000 | BTJYMV0 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $350,799.30 | 347,000 | BMXHQ92 |
| 0.21% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $348,826.82 | 333,000 | BR2NN28 |
| 0.21% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $346,452.53 | 338,000 | BR4XVS8 |
| 0.21% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $342,923.74 | 343,000 | BTZRRR4 |
| 0.20% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $337,910.67 | 335,000 | BTMSZJ8 |
| 0.20% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $337,241.23 | 324,000 | BPK4CP5 |
| 0.20% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $334,240.50 | 431,000 | BRPT5J4 |
| 0.20% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $329,680.42 | 312,000 | BMJ0LG7 |
| 0.19% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $319,373.29 | 331,000 | BSJQ190 |
| 0.19% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $317,062.46 | 325,000 | BSNMMD5 |
| 0.19% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $308,549.14 | 309,000 | BQT3JM6 |
| 0.18% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $304,807.50 | 589,000 | BP9LWV3 |
| 0.18% | -- | AECOM | 6.00% | 08/01/2033 | -- | $301,764.18 | 297,000 | BV2CGD5 |
| 0.18% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $296,656.27 | 313,000 | BQ68CL4 |
| 0.17% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $286,686.74 | 287,000 | BMD14K1 |
| 0.17% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $276,357.19 | 266,000 | BSNZ6B0 |
| 0.16% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $258,290.01 | 255,000 | BQ2KRD1 |
| 0.15% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $242,897.51 | 248,000 | BTMT0G3 |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,094.00 | 235,000 | BN765Z1 |
| 0.14% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $227,524.37 | 226,000 | BVCHTT7 |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $218,594.96 | 233,000 | BMD9BZ9 |
| 0.13% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $208,709.60 | 200,000 | BSML716 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $206,731.45 | 202,000 | BSD6D23 |
| 0.12% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $199,431.48 | 201,000 | BW46M90 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $189,682.06 | 183,000 | BPK4TG5 |
| 0.11% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $176,777.61 | 188,000 | BQ3QRD8 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $140,310.77 | 135,000 | BNKBFF3 |
| 0.08% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $138,218.47 | 710,000 | BPGM651 |
| 0.08% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $135,248.67 | 224,000 | BMY0HH5 |
| 0.07% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $109,695.31 | 109,000 | BTWSX61 |
| 0.07% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $108,947.47 | 110,000 | BRBNWB1 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $104,154.75 | 108,000 | BNZKRX7 |
| 0.05% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $80,446.88 | 80,000 | BS88ZW8 |
| 0.01% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $13,261.86 | 13,000 | BPH25H5 |
| -12.78% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2026 TYM6 COMDTY | -- | -- | -21,257,703 | -- | -191 | -- |
| -34.94% | -- | US 2YR NOTE (CBT) BOND 30/JUN/2026 TUM6 COMDTY | -- | -- | -58,106,563 | -- | -280 | -- |
| -50.41% | -- | US 5YR NOTE (CBT) BOND 30/JUN/2026 FVM6 COMDTY | -- | -- | -83,839,922 | -- | -774 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,223,467.26 | 7,223,467 | -- |
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