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 $166,159,813
- 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 4/15/2026- NAV
- NAV Change
- Market Price $64.55
- Market Price Change $-0.05
- Trading Volume (M) 8,445
- 30-Day Median Bid Ask Spread 0.83%
- 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 $166,159,813
- 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 4/15/2026- NAV
- NAV Change
- Market Price $64.55
- Market Price Change $-0.05
- Trading Volume (M) 8,445
- 30-Day Median Bid Ask Spread 0.83%
- 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 4/15/2026
| 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 | -- | $2,543,506.55 | 2,471,000 | BS9G792 |
| 1.48% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,454,205.55 | 2,385,000 | BPH26F0 |
| 1.46% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,419,979.89 | 2,308,000 | BNBV5N0 |
| 1.30% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $2,154,593.40 | 1,995,000 | BR54DP1 |
| 1.22% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,026,318.80 | 2,071,000 | BN2QTP4 |
| 1.12% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,867,449.15 | 1,806,000 | BV4K8M0 |
| 1.11% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,841,594.54 | 1,743,000 | BW5ZMJ6 |
| 0.97% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,616,198.40 | 1,592,000 | BT7MYF4 |
| 0.95% | -- | DISCOVERY HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,580,002.50 | 2,157,000 | BTPF2W8 |
| 0.89% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,485,492.01 | 1,495,000 | BVPVMW0 |
| 0.83% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,376,806.01 | 1,338,000 | BQ67HZ0 |
| 0.81% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,349,805.60 | 1,242,000 | BP2F579 |
| 0.78% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,302,963.75 | 1,250,000 | BRXZ215 |
| 0.78% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,294,752.28 | 1,283,000 | BS2FMQ8 |
| 0.78% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,294,366.34 | 1,264,000 | BNM6H94 |
| 0.77% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,283,911.66 | 1,254,000 | BVDKGM7 |
| 0.73% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,206,088.97 | 1,223,000 | BMVXSB8 |
| 0.72% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,203,817.37 | 1,154,000 | BRK4301 |
| 0.72% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,189,230.00 | 1,176,000 | BSTKQX1 |
| 0.71% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,184,949.23 | 1,179,000 | BSHT8Y5 |
| 0.69% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,142,502.18 | 1,096,000 | BV5GRT7 |
| 0.69% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,141,032.64 | 1,074,000 | BRSF6F2 |
| 0.69% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,139,613.93 | 1,170,000 | BRJQLF9 |
| 0.68% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,126,648.95 | 1,047,000 | BVMR221 |
| 0.68% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,124,863.30 | 1,100,000 | BW2K4P4 |
| 0.67% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,111,684.39 | 1,091,000 | BQKN5B6 |
| 0.66% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,102,735.35 | 1,268,000 | BMVZMH8 |
| 0.66% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,095,572.70 | 1,073,000 | BV6KVR4 |
| 0.65% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,086,067.64 | 1,085,000 | BTFHSL5 |
| 0.65% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,086,029.98 | 1,068,000 | BVF9138 |
| 0.64% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,063,948.60 | 1,098,000 | BS89C64 |
| 0.63% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,051,699.66 | 966,000 | BQ80PR5 |
| 0.62% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,032,959.00 | 1,000,000 | BT7HWD3 |
| 0.62% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,032,829.20 | 1,038,000 | BM8K6S5 |
| 0.62% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,031,754.92 | 1,019,000 | BV99DS3 |
| 0.62% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,022,430.88 | 1,037,000 | BV4FWX4 |
| 0.61% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,019,132.52 | 996,000 | BPLP3M1 |
| 0.61% | -- | CIPHER COMPUTE LLC | 7.13% | 11/15/2030 | -- | $1,015,399.13 | 975,000 | BP9MC16 |
| 0.59% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $987,416.33 | 945,000 | BQ2KRF3 |
| 0.59% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $984,213.60 | 1,000,000 | BVBCQJ2 |
| 0.59% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $975,454.87 | 977,000 | BMWDGR9 |
| 0.58% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $968,480.63 | 1,006,000 | BS2FZM5 |
| 0.58% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $961,400.39 | 937,000 | BQMJ1N6 |
| 0.58% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $959,879.03 | 929,000 | BT7HYL5 |
| 0.57% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $951,632.82 | 931,000 | BNRNCC8 |
| 0.56% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $937,744.58 | 901,000 | BLC8Z03 |
| 0.56% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $928,548.77 | 968,000 | BM9YJB0 |
| 0.56% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $922,600.57 | 901,000 | BNZG7Q8 |
| 0.55% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $917,438.78 | 889,000 | BQB9NW0 |
| 0.54% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $897,532.72 | 941,000 | BN7SNC0 |
| 0.53% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $883,628.85 | 1,001,000 | BM94BT2 |
| 0.53% | -- | DISCOVERY HOLDINGS INC | 4.28% | 03/15/2032 | -- | $877,097.79 | 951,000 | BRJHSK6 |
| 0.53% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $876,402.51 | 896,000 | BNTZ4D7 |
| 0.53% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $875,482.13 | 875,000 | BVBFJY7 |
| 0.52% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $862,046.49 | 835,000 | BS6V604 |
| 0.52% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $858,434.41 | 886,000 | BNW2059 |
| 0.52% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $857,978.09 | 880,000 | BMBJVY0 |
| 0.50% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $834,685.45 | 846,000 | BMV1LQ8 |
| 0.50% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $823,400.34 | 798,000 | BS6S7M4 |
| 0.49% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $815,974.19 | 827,000 | BRXCZB7 |
| 0.49% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $815,248.97 | 837,353 | BT68Y19 |
| 0.49% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $813,028.51 | 799,000 | BNDQTF3 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $811,897.70 | 826,000 | BJNPGH3 |
| 0.49% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $806,353.04 | 782,000 | BM8K1F7 |
| 0.48% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $803,151.29 | 1,078,000 | BRBCV11 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $795,354.42 | 793,000 | BPVDS42 |
| 0.47% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $787,511.52 | 800,000 | BVK50T0 |
| 0.47% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $779,046.75 | 750,000 | BVK6BT0 |
| 0.46% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $771,223.74 | 735,000 | BRT75V6 |
| 0.46% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $767,564.23 | 726,000 | BRQPKY1 |
| 0.46% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $761,316.49 | 742,000 | BTTRMX1 |
| 0.46% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $760,502.36 | 738,000 | BTFHQJ9 |
| 0.45% | -- | COMMERCIAL METALS CO | 5.75% | 11/15/2033 | -- | $754,581.00 | 750,000 | BS84Y29 |
| 0.45% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $753,755.11 | 748,000 | BQ1PCD2 |
| 0.45% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $745,731.98 | 737,000 | BPW9BQ2 |
| 0.44% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $735,152.16 | 805,000 | BMBVFS8 |
| 0.44% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $733,835.01 | 690,000 | BVK4MV3 |
| 0.43% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $706,991.91 | 767,000 | BMV1L02 |
| 0.43% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $706,323.29 | 705,000 | BPP2DX9 |
| 0.42% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $705,124.17 | 651,000 | BR1H4Z1 |
| 0.42% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $701,458.50 | 685,000 | BSNQ215 |
| 0.42% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $697,844.64 | 695,000 | BTPH0K8 |
| 0.42% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $693,555.01 | 697,000 | BMZBL86 |
| 0.41% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $687,036.94 | 642,000 | BTWWV25 |
| 0.41% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $686,488.92 | 682,000 | BMF9C65 |
| 0.41% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $676,915.44 | 649,000 | BTCK903 |
| 0.41% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $676,385.96 | 674,000 | BR886L7 |
| 0.40% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $666,483.73 | 675,000 | BVMS268 |
| 0.40% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $662,620.14 | 630,000 | BV3PLR2 |
| 0.39% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $644,907.16 | 665,000 | BPVBYZ9 |
| 0.39% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $640,145.94 | 799,000 | BNNPV76 |
| 0.38% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $636,661.80 | 613,000 | BP946X2 |
| 0.38% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $636,657.01 | 628,000 | BVMDN60 |
| 0.38% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $634,300.99 | 640,000 | BT3F8Q6 |
| 0.38% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $631,838.51 | 601,000 | BPG27W5 |
| 0.38% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $630,785.63 | 617,000 | BLB3TG3 |
| 0.38% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $630,773.76 | 638,000 | BWBZMK1 |
| 0.38% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $628,255.58 | 629,000 | BMVXP62 |
| 0.37% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $623,113.42 | 607,000 | BQXJKM7 |
| 0.36% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $604,477.23 | 602,000 | BQTWXH6 |
| 0.36% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $596,939.11 | 594,000 | BNHS096 |
| 0.36% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $591,647.36 | 571,000 | BV8DHB7 |
| 0.36% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $591,148.91 | 581,000 | BPX27Q2 |
| 0.35% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $587,572.84 | 578,000 | BMXG8Y8 |
| 0.35% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $581,710.15 | 779,000 | BV2JDH9 |
| 0.35% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $580,779.39 | 566,000 | BVF9246 |
| 0.34% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $571,428.64 | 548,000 | BTCCGD1 |
| 0.34% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $568,373.85 | 543,000 | BRBCTZ1 |
| 0.34% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $561,415.12 | 560,000 | BTGTPC0 |
| 0.34% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $561,138.60 | 550,000 | BMVXP51 |
| 0.34% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $559,503.57 | 526,000 | BMZMHS1 |
| 0.34% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $559,470.55 | 556,000 | BQB7JV5 |
| 0.34% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $557,516.93 | 630,000 | BP7LR98 |
| 0.33% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $555,959.58 | 576,000 | BS84LN9 |
| 0.33% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $553,077.95 | 528,000 | BLDCTF7 |
| 0.33% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $545,109.79 | 550,000 | BSSBTZ8 |
| 0.33% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $542,886.75 | 525,000 | BTJS1V5 |
| 0.33% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $540,333.84 | 505,000 | BRCDDH3 |
| 0.32% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $539,379.10 | 559,000 | BMT7QC9 |
| 0.32% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $531,547.55 | 563,000 | BS3BCF4 |
| 0.32% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $530,121.94 | 575,000 | BM9SD09 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $527,408.20 | 536,000 | BVBG0S1 |
| 0.32% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $525,634.68 | 513,000 | BT3FDQ1 |
| 0.32% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $524,526.76 | 530,000 | BTXQV60 |
| 0.31% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $520,104.77 | 542,000 | BLDBLN6 |
| 0.31% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $518,430.28 | 719,000 | BMWT6D3 |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $516,412.50 | 500,000 | BMGDND0 |
| 0.31% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $514,699.00 | 500,000 | BS9C5X0 |
| 0.31% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $512,019.38 | 517,000 | BLC9L19 |
| 0.31% | -- | AMC NETWORKS INC CALLABLE NOTES FIXED 10.5% 15/JUL/2032 USD 1000 | -- | -- | -- | $511,339.47 | 500,000 | -- |
| 0.31% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $508,714.86 | 500,000 | BL9XM77 |
| 0.31% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $508,055.27 | 497,000 | BRZWYJ6 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $507,664.70 | 511,000 | BLDCF37 |
| 0.31% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $507,533.59 | 485,000 | BVK4BV6 |
| 0.30% | -- | APLD COMPUTECO 2 LLC CALLABLE NOTES FIXED 6.75% 15/MAR/2031 USD 1000 | -- | -- | -- | $505,512.97 | 500,000 | -- |
| 0.30% | -- | NEXSTAR MEDIA INC CALLABLE NOTES FIXED 7.25% 15/APR/2034 USD 1000 | -- | -- | -- | $504,425.00 | 500,000 | -- |
| 0.30% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $503,860.00 | 488,000 | BR55K64 |
| 0.30% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $502,179.48 | 492,000 | BVZMLG0 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $500,494.50 | 495,000 | BN6MM59 |
| 0.30% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $500,490.50 | 500,000 | BVBFJZ8 |
| 0.30% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $497,815.20 | 489,000 | BT3CPW2 |
| 0.30% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $494,386.36 | 496,000 | BT9NKJ1 |
| 0.30% | -- | MICHAELS COS INC/THE CALLABLE NOTES FIXED 8.5% 15/MAR/2033 USD 1000 | -- | -- | -- | $493,523.40 | 500,000 | -- |
| 0.30% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $493,139.60 | 500,000 | BQ689G8 |
| 0.29% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $489,896.84 | 522,000 | BVSYM93 |
| 0.29% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $484,876.42 | 486,000 | BQT2NG5 |
| 0.29% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $484,217.50 | 611,000 | BM93J39 |
| 0.29% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $482,021.10 | 450,000 | BR1YSV6 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $481,250.13 | 464,000 | BQKRVC1 |
| 0.29% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $479,558.87 | 483,000 | BM8H4Y8 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $477,895.72 | 495,000 | BMH29D8 |
| 0.29% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $476,804.68 | 466,000 | BTTRLD4 |
| 0.29% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $476,046.72 | 467,000 | BT7JWZ1 |
| 0.29% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $473,703.32 | 467,000 | BMCGQ56 |
| 0.28% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $469,955.55 | 446,000 | BMGC188 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $467,701.94 | 492,000 | BPLFC68 |
| 0.28% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $465,946.88 | 437,000 | BS88506 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $465,120.90 | 450,000 | BR53N25 |
| 0.28% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $464,904.12 | 470,000 | BR113M3 |
| 0.28% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $461,456.02 | 459,000 | BVYL9V9 |
| 0.28% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $460,634.49 | 449,000 | BQ9D885 |
| 0.28% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $457,086.36 | 441,000 | BPLL6H5 |
| 0.27% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $456,471.68 | 448,000 | BV0YZ47 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $456,382.68 | 442,000 | BSKP420 |
| 0.27% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $453,602.63 | 436,000 | BRC2671 |
| 0.27% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $452,110.46 | 433,000 | BP092P0 |
| 0.27% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $450,135.97 | 431,000 | BP488V1 |
| 0.27% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $446,990.34 | 435,000 | BP092B6 |
| 0.27% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $441,553.33 | 436,000 | BN95KZ1 |
| 0.26% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $439,949.77 | 443,000 | BMHBB51 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $439,711.20 | 432,000 | BP4YGK4 |
| 0.26% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $438,800.26 | 419,000 | BNRPLW7 |
| 0.26% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $433,429.44 | 452,000 | BP4Z8H8 |
| 0.26% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $432,917.34 | 413,000 | BV1C948 |
| 0.26% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $431,784.40 | 433,000 | BM9PWX6 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $430,355.38 | 427,000 | BL54J73 |
| 0.26% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $427,450.00 | 412,000 | BNRPV83 |
| 0.26% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $425,903.98 | 425,000 | BRS7WN8 |
| 0.26% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $425,374.74 | 420,000 | BSVLRC8 |
| 0.26% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $425,137.26 | 442,000 | BMY8TS4 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $424,716.92 | 429,000 | BW1N539 |
| 0.25% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $420,860.79 | 407,000 | BM8SW92 |
| 0.25% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $417,914.16 | 409,000 | BVDKGL6 |
| 0.25% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $417,874.60 | 418,000 | BMW2F91 |
| 0.25% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $416,732.42 | 408,000 | BQB88K0 |
| 0.25% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $415,530.80 | 400,000 | BVBCQP8 |
| 0.25% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $414,492.45 | 391,000 | BVMSGF5 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $412,469.22 | 393,000 | BMW2FL3 |
| 0.25% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $409,726.16 | 391,000 | BMCGQM3 |
| 0.24% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $406,940.31 | 404,000 | BRT7X56 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $405,156.71 | 422,000 | BP83D39 |
| 0.24% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $404,430.41 | 393,000 | BRK14M1 |
| 0.24% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $403,081.00 | 417,000 | BMCM256 |
| 0.24% | -- | COOPER-STANDARD AUTOMOTIVE INC CALLABLE NOTES FIXED 9.25% 01/MAR/2031 USD 1000 | -- | -- | -- | $401,707.29 | 411,000 | -- |
| 0.24% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $401,038.34 | 378,000 | BPBRSM2 |
| 0.24% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $400,865.71 | 391,000 | BN49RB3 |
| 0.24% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $397,768.54 | 417,000 | BN6KWY2 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $392,527.92 | 382,000 | BRBDSH9 |
| 0.23% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $388,207.50 | 382,000 | BRBVMG0 |
| 0.23% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $380,608.16 | 371,000 | BMC94W8 |
| 0.23% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $375,225.76 | 367,000 | BQT2NL0 |
| 0.22% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $372,226.95 | 382,000 | BVRTP89 |
| 0.22% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $367,743.54 | 367,000 | BSZ7DB3 |
| 0.22% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $366,172.55 | 349,000 | BMCMQL0 |
| 0.22% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $360,275.72 | 367,000 | BNM5Z19 |
| 0.22% | -- | ESAB CORP CALLABLE NOTES FIXED 5.625% 01/APR/2031 USD 1000 | -- | -- | -- | $359,813.83 | 356,000 | -- |
| 0.21% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $354,106.55 | 354,000 | BTJYMV0 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $351,800.05 | 347,000 | BMXHQ92 |
| 0.21% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $347,375.78 | 338,000 | BR4XVS8 |
| 0.21% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $347,147.17 | 333,000 | BR2NN28 |
| 0.21% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $342,994.20 | 343,000 | BTZRRR4 |
| 0.20% | -- | KODIAK GAS SERVICES LLC CALLABLE NOTES FIXED 5.875% 01/APR/2031 USD 1000 | -- | -- | -- | $338,405.28 | 335,000 | -- |
| 0.20% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $337,371.16 | 324,000 | BPK4CP5 |
| 0.20% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $330,492.96 | 431,000 | BRPT5J4 |
| 0.20% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $328,990.90 | 312,000 | BMJ0LG7 |
| 0.19% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $319,392.49 | 331,000 | BSJQ190 |
| 0.19% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $315,557.55 | 325,000 | BSNMMD5 |
| 0.19% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $313,570.91 | 313,000 | BQ68CL4 |
| 0.19% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $308,075.94 | 309,000 | BQT3JM6 |
| 0.18% | -- | AECOM | 6.00% | 08/01/2033 | -- | $301,974.75 | 297,000 | BV2CGD5 |
| 0.17% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $286,796.17 | 287,000 | BMD14K1 |
| 0.17% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $286,183.32 | 589,000 | BP9LWV3 |
| 0.17% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $276,169.29 | 266,000 | BSNZ6B0 |
| 0.16% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $258,549.86 | 255,000 | BQ2KRD1 |
| 0.15% | -- | FAIR ISAAC CORP CALLABLE NOTES FIXED 6.25% 15/SEP/2034 USD 1000 | -- | -- | -- | $243,045.88 | 248,000 | -- |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,130.90 | 235,000 | BN765Z1 |
| 0.14% | -- | SM ENERGY CO CALLABLE NOTES FIXED 6.625% 15/APR/2034 USD 1000 | -- | -- | -- | $228,848.96 | 226,000 | -- |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $217,583.93 | 233,000 | BMD9BZ9 |
| 0.13% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $209,737.20 | 200,000 | BSML716 |
| 0.12% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $206,029.09 | 202,000 | BSD6D23 |
| 0.12% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $199,745.94 | 201,000 | BW46M90 |
| 0.12% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $191,224.39 | 183,000 | BPK4TG5 |
| 0.11% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $177,631.07 | 188,000 | BQ3QRD8 |
| 0.08% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $140,243.40 | 135,000 | BNKBFF3 |
| 0.08% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $138,223.16 | 710,000 | BPGM651 |
| 0.08% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $135,618.29 | 224,000 | BMY0HH5 |
| 0.07% | -- | SUNOCO LP CALLABLE NOTES FIXED 5.625% 15/MAR/2031 USD 1000 | -- | -- | -- | $110,198.89 | 109,000 | -- |
| 0.07% | -- | ALBERTSONS COS INC | 5.63% | 03/31/2032 | -- | $109,476.71 | 110,000 | BRBNWB1 |
| 0.06% | -- | ADT SEC CORP | 4.13% | 08/01/2029 | -- | $104,083.41 | 108,000 | BNZKRX7 |
| 0.05% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $80,589.52 | 80,000 | BS88ZW8 |
| 0.01% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $13,423.50 | 13,000 | BPH25H5 |
| -12.80% | -- | US 10YR NOTE (CBT) BOND 18/JUN/2026 TYM6 COMDTY | -- | -- | -21,269,641 | -- | -191 | -- |
| -34.97% | -- | US 2YR NOTE (CBT) BOND 30/JUN/2026 TUM6 COMDTY | -- | -- | -58,121,875 | -- | -280 | -- |
| -50.47% | -- | US 5YR NOTE (CBT) BOND 30/JUN/2026 FVM6 COMDTY | -- | -- | -83,882,250 | -- | -774 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $6,972,640.09 | 6,972,640 | -- |
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