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
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 10/31/2025
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.10% | 1.39% | 6.00% | 4.58% | 6.24% | 9.58% | 7.76% | 5.62% | 4.07% | 05/21/2013 |
| HYHG Market Price | 0.48% | 1.95% | 6.67% | 4.64% | 6.69% | 9.82% | 7.96% | 5.71% | 4.13% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.07% | 1.50% | 6.32% | 5.06% | 6.65% | 9.93% | 8.17% | 6.23% | 4.78% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.90% | 2.08% | 5.24% | 4.48% | 7.58% | 11.06% | 7.79% | 5.99% | 4.09% | 05/21/2013 |
| HYHG Market Price | 1.01% | 2.31% | 5.37% | 4.15% | 7.69% | 11.19% | 7.92% | 6.03% | 4.12% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 1.01% | 2.32% | 5.63% | 4.98% | 8.07% | 11.54% | 8.25% | 6.65% | 4.80% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 10/31/2025- Number of Companies 231
- Net Effective Duration 0.08024
Price
as of 11/20/2025- NAV $64.11
- NAV Change $0.00
- Market Price $64.00
- Market Price Change $-0.17
- Trading Volume (M) 5,505
- 30-Day Median Bid Ask Spread 0.43%
- View Premium / Discount
Distributions
as of 10/31/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 6.52%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Distribution Details
Snapshot
- Ticker HYHG
- Intraday Ticker HYHG.IV
- CUSIP 74348A541
- Inception Date 5/21/13
- Expense Ratio 0.50%
- NAV Calculation Time 3:00 p.m. ET
- Distributions Monthly
Characteristics
as of 10/31/2025- Number of Companies 231
- Net Effective Duration 0.08024
Price
as of 11/20/2025- NAV $64.11
- NAV Change $0.00
- Market Price $64.00
- Market Price Change $-0.17
- Trading Volume (M) 5,505
- 30-Day Median Bid Ask Spread 0.43%
- View Premium / Discount
Distributions
as of 10/31/2025- Distribution Frequency Monthly
- SEC 30-Day Yield 6.52%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 11/20/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.49% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,454,105.38 | 2,385,000 | BPH26F0 |
| 1.30% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $2,153,075.29 | 2,167,000 | BMWDGR9 |
| 1.28% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,110,919.19 | 2,109,000 | BN2QTP4 |
| 1.17% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,937,291.01 | 1,760,000 | BR54DP1 |
| 1.16% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,923,428.12 | 1,906,000 | BV4K8M0 |
| 1.00% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,646,040.58 | 1,602,000 | BNM6H94 |
| 0.98% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,624,015.12 | 1,592,000 | BT7MYF4 |
| 0.93% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,534,429.61 | 1,445,000 | BP2F579 |
| 0.91% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,505,382.08 | 1,458,000 | BQ67HZ0 |
| 0.88% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $1,461,173.62 | 1,385,000 | BP6GPK1 |
| 0.88% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,451,039.04 | 1,440,000 | BM8H783 |
| 0.88% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $1,450,359.30 | 1,380,000 | BNBTNV8 |
| 0.87% | -- | WARNERMEDIA HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,444,651.50 | 1,810,000 | BTPF2W8 |
| 0.80% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,328,582.30 | 1,290,000 | BPLP3M1 |
| 0.80% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,321,990.37 | 1,283,000 | BS2FMQ8 |
| 0.78% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,287,288.77 | 1,276,000 | BRK4301 |
| 0.76% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,254,088.77 | 1,210,000 | BNZG7Q8 |
| 0.75% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,242,620.83 | 1,186,000 | BQB9NW0 |
| 0.74% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $1,221,060.66 | 1,184,000 | BS9G792 |
| 0.73% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,212,991.63 | 1,250,000 | BRXZ215 |
| 0.73% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $1,203,503.99 | 1,134,000 | BL6CM66 |
| 0.72% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,195,840.62 | 1,170,000 | BRJQLF9 |
| 0.72% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,194,746.72 | 1,223,000 | BMVXSB8 |
| 0.72% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,194,062.90 | 1,179,000 | BSHT8Y5 |
| 0.72% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $1,191,504.32 | 1,134,000 | BTCCGD1 |
| 0.72% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $1,189,074.37 | 1,347,000 | BMBVFS8 |
| 0.71% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,168,845.20 | 1,180,000 | BQKN5B6 |
| 0.70% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,150,447.09 | 1,096,000 | BV5GRT7 |
| 0.70% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,150,161.81 | 1,138,000 | BM8K6S5 |
| 0.68% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,130,808.27 | 1,087,000 | BVDKGM7 |
| 0.68% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,130,046.50 | 1,100,000 | BRSF6F2 |
| 0.67% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $1,108,441.98 | 1,145,000 | BMBJVY0 |
| 0.66% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,088,988.77 | 1,073,000 | BV6KVR4 |
| 0.66% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,088,948.96 | 1,030,000 | BQ80PR5 |
| 0.64% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,049,974.34 | 1,032,000 | BV99DS3 |
| 0.63% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,037,733.33 | 1,000,000 | BT7HWD3 |
| 0.62% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,029,514.08 | 976,000 | BRQPKY1 |
| 0.62% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,028,647.07 | 1,006,000 | BS2FZM5 |
| 0.62% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,026,971.00 | 1,000,000 | BW2K4P4 |
| 0.62% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $1,023,104.68 | 989,000 | BT7HYL5 |
| 0.62% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,020,796.04 | 1,000,000 | BW5ZMJ6 |
| 0.62% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $1,017,217.12 | 1,044,000 | BNW2059 |
| 0.61% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,013,119.00 | 1,041,000 | BN7SNC0 |
| 0.61% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $999,488.90 | 1,000,000 | BVBFJZ8 |
| 0.60% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $987,778.26 | 945,000 | BQ2KRF3 |
| 0.60% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $984,331.14 | 976,000 | BNTZ4D7 |
| 0.59% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $971,960.41 | 937,000 | BQMJ1N6 |
| 0.58% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $963,098.95 | 1,018,000 | BVF9138 |
| 0.58% | -- | WARNERMEDIA HOLDINGS INC | 4.28% | 03/15/2032 | -- | $950,653.83 | 1,039,000 | BRJHSK6 |
| 0.55% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $901,458.93 | 886,000 | BQT2NG5 |
| 0.54% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $889,341.46 | 852,000 | BPG22V9 |
| 0.52% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $863,836.73 | 837,000 | BRT75V6 |
| 0.52% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $855,703.20 | 842,000 | BTTRMX1 |
| 0.51% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $843,232.68 | 821,000 | BVDKGL6 |
| 0.51% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $839,146.82 | 801,000 | BVK4MV3 |
| 0.51% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $837,984.30 | 868,000 | BQ9D885 |
| 0.50% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $833,125.55 | 847,000 | BNHS096 |
| 0.50% | -- | ALTICE FRANCE SA | 6.50% | 03/15/2032 | -- | $829,587.84 | 859,000 | BT68Y19 |
| 0.50% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $823,019.54 | 799,000 | BNDQTF3 |
| 0.50% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $822,669.37 | 798,000 | BS6S7M4 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $812,756.16 | 826,000 | BJNPGH3 |
| 0.49% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $802,002.78 | 782,000 | BM8K1F7 |
| 0.48% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $799,095.86 | 827,000 | BRXCZB7 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $793,804.90 | 793,000 | BPVDS42 |
| 0.47% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $781,793.56 | 761,000 | BR4XVS8 |
| 0.47% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $779,054.35 | 889,000 | BNNPV76 |
| 0.46% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $766,264.50 | 750,000 | BT9NKJ1 |
| 0.45% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $749,279.89 | 737,000 | BPW9BQ2 |
| 0.45% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $748,058.13 | 900,000 | BMVZMH8 |
| 0.45% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $747,124.07 | 1,002,000 | BRBCV11 |
| 0.45% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $746,765.92 | 777,000 | BMV1LQ8 |
| 0.45% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $740,821.74 | 748,000 | BQ1PCD2 |
| 0.44% | -- | HILTON DOMESTIC OPERATIN | 4.00% | 05/01/2031 | -- | $732,407.75 | 769,000 | BNDLGZ7 |
| 0.44% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $728,321.78 | 695,000 | BRBCTZ1 |
| 0.44% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $724,964.09 | 724,000 | BNRNCC8 |
| 0.44% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $723,306.52 | 701,000 | BPG27W5 |
| 0.44% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $721,367.25 | 717,000 | BV4FWX4 |
| 0.44% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $720,482.69 | 736,000 | BMXHJH1 |
| 0.44% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $719,018.66 | 697,000 | BMZBL86 |
| 0.43% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $714,505.05 | 675,000 | BNQQSS6 |
| 0.43% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $708,485.86 | 694,000 | BV8DHB7 |
| 0.43% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $706,963.16 | 685,000 | BSNQ215 |
| 0.43% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $701,846.93 | 684,000 | BTXQV60 |
| 0.42% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $700,139.11 | 675,000 | BMVXP62 |
| 0.42% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $698,608.75 | 682,000 | BMF9C65 |
| 0.42% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $697,653.77 | 686,000 | BVMDN60 |
| 0.41% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $683,072.50 | 649,000 | BTCK903 |
| 0.41% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $680,120.97 | 677,000 | BP812N6 |
| 0.41% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $676,106.45 | 702,000 | BQTWXH6 |
| 0.41% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $674,444.44 | 692,000 | BS89C64 |
| 0.41% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $674,138.50 | 657,000 | BQXJKM7 |
| 0.41% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $672,380.06 | 646,000 | BLC8Z03 |
| 0.40% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $666,016.31 | 641,000 | BS9C5X0 |
| 0.40% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $664,634.55 | 671,000 | BQ3QRD8 |
| 0.40% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $664,195.50 | 618,000 | BS88506 |
| 0.40% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $663,871.81 | 679,000 | BNHT925 |
| 0.40% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $659,874.14 | 628,000 | BLDCTF7 |
| 0.40% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $659,171.91 | 675,000 | BVMS268 |
| 0.39% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $648,794.32 | 618,000 | BV1C948 |
| 0.39% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $638,564.88 | 711,000 | BM94BT2 |
| 0.38% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $632,667.04 | 665,000 | BPVBYZ9 |
| 0.38% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $629,531.96 | 653,000 | BLC9L19 |
| 0.38% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $626,798.18 | 610,000 | BQB88K0 |
| 0.38% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $620,393.32 | 767,000 | BMV1L02 |
| 0.38% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $619,497.04 | 701,000 | BN6JYJ8 |
| 0.37% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $612,742.08 | 627,000 | BS6V604 |
| 0.37% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $611,203.67 | 605,000 | BR886L7 |
| 0.37% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $609,573.07 | 609,000 | BPP2DX9 |
| 0.36% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $596,630.06 | 581,000 | BPX27Q2 |
| 0.36% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $593,252.49 | 569,000 | BMCGQM3 |
| 0.35% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $583,690.13 | 556,000 | BNRPV83 |
| 0.35% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $578,698.72 | 630,000 | BP7LR98 |
| 0.35% | -- | SPIRIT AEROSYSTEMS INC | 9.75% | 11/15/2030 | -- | $578,403.58 | 527,000 | BR1YST4 |
| 0.35% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $576,936.58 | 576,000 | BS84LN9 |
| 0.35% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $574,713.05 | 546,000 | BT3NFD6 |
| 0.35% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $571,220.82 | 620,000 | BRT7X56 |
| 0.34% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $567,228.75 | 550,000 | BVK4BV6 |
| 0.34% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $565,124.78 | 550,000 | BP946X2 |
| 0.34% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $563,018.82 | 546,000 | BMGC188 |
| 0.34% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $560,600.73 | 536,000 | BRC2671 |
| 0.34% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $557,174.27 | 556,000 | BQB7JV5 |
| 0.33% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $553,056.04 | 539,000 | BLB3TG3 |
| 0.33% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $551,991.40 | 529,000 | BR2NN28 |
| 0.33% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $544,116.80 | 505,000 | BRCDDH3 |
| 0.33% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $543,837.00 | 525,000 | BTJS1V5 |
| 0.33% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $543,267.76 | 592,000 | BPLFC68 |
| 0.33% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $538,667.51 | 519,000 | BNRPLW7 |
| 0.32% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $534,522.78 | 563,000 | BS3BCF4 |
| 0.32% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $529,536.80 | 520,000 | BMC94W8 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $529,454.42 | 536,000 | BVBG0S1 |
| 0.32% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $525,103.60 | 529,000 | BMW2W01 |
| 0.32% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $523,238.00 | 500,000 | BNKBFF3 |
| 0.32% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $522,905.97 | 506,000 | BM8SW92 |
| 0.32% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $522,198.60 | 513,000 | BQ68CL4 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $521,348.42 | 500,000 | BMVXP51 |
| 0.31% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $519,681.81 | 532,000 | BM9PWX6 |
| 0.31% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $518,677.50 | 500,000 | BMGDND0 |
| 0.31% | -- | CELANESE US HOLDINGS LLC | 6.67% | 07/15/2027 | -- | $517,689.61 | 506,000 | BP9RBF8 |
| 0.31% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $514,845.84 | 473,000 | BR1H4Z1 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $512,727.18 | 511,000 | BLDCF37 |
| 0.31% | -- | POST HOLDINGS INC | 6.25% | 02/15/2032 | -- | $512,325.00 | 500,000 | BPSQQR3 |
| 0.31% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $509,905.00 | 500,000 | BVZMLG0 |
| 0.31% | -- | COMMSCOPE LLC | 9.50% | 12/15/2031 | -- | $509,767.88 | 503,000 | BRRG7V9 |
| 0.31% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $509,702.00 | 500,000 | BVK50T0 |
| 0.31% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $503,722.32 | 489,000 | BT3CPW2 |
| 0.30% | -- | SABRE GLBL INC | 11.13% | 07/15/2030 | -- | $500,550.00 | 564,000 | BS6RJF8 |
| 0.30% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $500,034.15 | 495,000 | BN6MM59 |
| 0.30% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $499,402.87 | 542,000 | BLDBLN6 |
| 0.30% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $498,466.07 | 481,000 | BPK4CP5 |
| 0.30% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $496,006.59 | 485,000 | BP092B6 |
| 0.30% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $494,644.33 | 496,000 | BQT3JM6 |
| 0.30% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $490,521.15 | 450,000 | BR1YSV6 |
| 0.30% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $490,422.14 | 501,000 | BN0ZRZ9 |
| 0.29% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $486,665.16 | 521,000 | BN6KWY2 |
| 0.29% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $484,181.68 | 464,000 | BQKRVC1 |
| 0.29% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $476,795.79 | 467,000 | BMCGQ56 |
| 0.29% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $475,887.59 | 466,000 | BTTRLD4 |
| 0.29% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $475,133.77 | 483,000 | BM8H4Y8 |
| 0.29% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $474,173.00 | 500,000 | BV2JDH9 |
| 0.29% | -- | INVERSION ESCROW ISSUER | 6.75% | 08/01/2032 | -- | $473,467.16 | 490,000 | BVRTP89 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $472,816.92 | 495,000 | BMH29D8 |
| 0.29% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $472,680.55 | 492,000 | BMY8TS4 |
| 0.28% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $466,859.70 | 450,000 | BP5JP78 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $466,160.85 | 450,000 | BR53N25 |
| 0.28% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $465,161.36 | 465,000 | BMD14K1 |
| 0.28% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $458,254.36 | 471,000 | BNM5Z19 |
| 0.28% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $458,143.63 | 455,000 | BQ2KRD1 |
| 0.28% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $457,451.25 | 613,000 | BMWT6D3 |
| 0.28% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $456,531.68 | 426,000 | BMZMHS1 |
| 0.27% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $453,715.59 | 501,591 | BMDB423 |
| 0.27% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $453,543.43 | 449,000 | BVBFJY7 |
| 0.27% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $450,888.32 | 451,000 | BM9YJB0 |
| 0.27% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $449,607.88 | 441,000 | BPLL6H5 |
| 0.27% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $447,285.88 | 442,000 | BRK14M1 |
| 0.27% | -- | WINDSTREAM SERVICES LLC | 7.50% | 10/15/2033 | -- | $443,962.20 | 441,000 | BVMSGF5 |
| 0.27% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $441,223.05 | 467,000 | BT7JWZ1 |
| 0.27% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,729.11 | 436,000 | BN95KZ1 |
| 0.27% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $437,973.06 | 443,000 | BMHBB51 |
| 0.26% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $434,545.99 | 451,000 | BSKP420 |
| 0.26% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $433,785.74 | 459,000 | BMT7QC9 |
| 0.26% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $430,881.97 | 452,000 | BP4Z8H8 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $430,656.40 | 427,000 | BL54J73 |
| 0.26% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $425,619.26 | 461,000 | BKPJT48 |
| 0.26% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $425,262.60 | 420,000 | BSVLRC8 |
| 0.26% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $425,176.40 | 399,000 | BMJ0LG7 |
| 0.26% | -- | FRONTIER COMMUNICATIONS | 5.00% | 05/01/2028 | -- | $422,823.32 | 422,000 | BMF4PS3 |
| 0.26% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $422,421.95 | 412,000 | BP4YGK4 |
| 0.25% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $412,258.77 | 418,000 | BMW2F91 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $409,710.36 | 393,000 | BMW2FL3 |
| 0.24% | -- | SENSATA TECHNOLOGIES BV | 4.00% | 04/15/2029 | -- | $404,417.56 | 416,000 | BNKFMN2 |
| 0.24% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $399,279.03 | 383,000 | BPBRSM2 |
| 0.24% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $397,170.23 | 383,000 | BP092P0 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $395,040.02 | 422,000 | BP83D39 |
| 0.24% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $392,525.76 | 424,000 | BNKLFF3 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $391,200.09 | 382,000 | BRBDSH9 |
| 0.24% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $390,463.97 | 382,000 | BRBVMG0 |
| 0.23% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $387,936.87 | 376,000 | BRT7527 |
| 0.23% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $380,713.81 | 394,000 | BMBV4H0 |
| 0.23% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $378,532.80 | 485,000 | BMH8323 |
| 0.23% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $377,775.81 | 431,000 | BRPT5J4 |
| 0.22% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $367,120.08 | 349,000 | BS7XRZ1 |
| 0.22% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $357,331.95 | 491,000 | BM93J39 |
| 0.22% | -- | ALLISON TRANSMISSION INC | 3.75% | 01/30/2031 | -- | $355,596.32 | 385,000 | BMX50K5 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $352,202.22 | 347,000 | BMXHQ92 |
| 0.21% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $349,912.48 | 343,000 | BP091F3 |
| 0.21% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $344,130.48 | 581,000 | BMY0HH5 |
| 0.19% | -- | SMYRNA READY MIX CONCRET | 6.00% | 11/01/2028 | -- | $319,932.34 | 322,000 | BMDXC58 |
| 0.19% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $314,150.99 | 301,000 | BMJ0L90 |
| 0.19% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $308,992.38 | 294,000 | BSNZ6B0 |
| 0.18% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $303,899.90 | 297,000 | BRZWYJ6 |
| 0.18% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $299,090.07 | 300,000 | BTPH0K8 |
| 0.18% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $296,682.98 | 300,000 | BVSYM93 |
| 0.18% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $291,801.21 | 296,000 | BNTBJ41 |
| 0.17% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $280,000.00 | 500,000 | BNQPRV9 |
| 0.17% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $278,678.16 | 401,000 | BP9LWV3 |
| 0.16% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $264,951.55 | 258,000 | BV0YZ47 |
| 0.16% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $256,902.67 | 285,000 | BM9SD09 |
| 0.15% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $253,430.34 | 239,000 | BMCMQL0 |
| 0.14% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $236,521.27 | 228,000 | BVF9246 |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $234,915.14 | 235,000 | BN765Z1 |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $219,274.74 | 233,000 | BMD9BZ9 |
| 0.13% | -- | KINETIK HOLDINGS LP CALLABLE NOTES FIXED 6.625% 15/DEC/2028 USD 1000 | -- | -- | -- | $206,540.56 | 202,000 | -- |
| 0.12% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $195,161.83 | 192,000 | BVYL9V9 |
| 0.12% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $189,956.45 | 184,000 | BPH25H5 |
| 0.11% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $189,194.73 | 183,000 | BPK4TG5 |
| 0.05% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $81,025.62 | 78,000 | BV5GRS6 |
| 0.04% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $64,904.00 | 64,000 | BPLPFQ9 |
| 0.03% | -- | NFE FINANCING LLC | 12.00% | 11/15/2029 | -- | $52,252.27 | 169,000 | BQWNRK7 |
| 0.03% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $50,625.62 | 50,000 | BV6KVQ3 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -14.43% | -- | US 10YR NOTE (CBT) BOND 20/MAR/2026 TYH6 COMDTY | -- | -- | -23,816,625 | -- | -211 | -- |
| -38.81% | -- | US 2YR NOTE (CBT) BOND 31/MAR/2026 TUH6 COMDTY | -- | -- | -64,083,852 | -- | -307 | -- |
| -46.34% | -- | US 5YR NOTE (CBT) BOND 31/MAR/2026 FVH6 COMDTY | -- | -- | -76,513,196 | -- | -699 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $7,489,575.88 | 7,489,576 | -- |
Index
as of 9/30/2025
- Total Number of Issues246
- Long Portfolio Duration3.25
- Net Effective Duration0.06
- Long Portfolio Yield7.28
- Net Index Yield7.56
About the Index
The FTSE High Yield Treasury Rate Hedged Index is designed to measure the performance of high yield debt of U.S. and Canadian companies. The Index measures the performance of two positions: (1) a long position in high-yield corporate bonds; and (2) a duration matched short position in U.S. Treasury bonds.
Distributions
For
2025
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|
Rising Rates Insights and Research
The Current Case for a Rate Hedged Bond Strategy
Even a minor rise in interest rates drags on corporate bond returns. Interest rate hedged strategies target zero rate risk while maintaining return potential.
Read More