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 11/30/2025- Number of Companies 231
- Net Effective Duration -0.2882
Price
as of 12/09/2025- NAV $64.45
- NAV Change $+0.02
- Market Price $64.54
- Market Price Change $+0.18
- Trading Volume (M) 5,425
- 30-Day Median Bid Ask Spread 0.45%
- View Premium / Discount
Distributions
as of 11/30/2025- Distribution Frequency Monthly
- 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 11/30/2025- Number of Companies 231
- Net Effective Duration -0.2882
Price
as of 12/09/2025- NAV $64.45
- NAV Change $+0.02
- Market Price $64.54
- Market Price Change $+0.18
- Trading Volume (M) 5,425
- 30-Day Median Bid Ask Spread 0.45%
- View Premium / Discount
Distributions
as of 11/30/2025- Distribution Frequency Monthly
- Distribution Details
Exposures
Index as of 9/30/2022
Holdings
as of 12/09/2025
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.50% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,464,411.22 | 2,385,000 | BPH26F0 |
| 1.32% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $2,165,558.08 | 2,167,000 | BMWDGR9 |
| 1.29% | -- | CLOUD SOFTWARE GRP INC | 6.50% | 03/31/2029 | -- | $2,124,456.78 | 2,109,000 | BN2QTP4 |
| 1.18% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,942,731.37 | 1,760,000 | BR54DP1 |
| 1.12% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,848,945.70 | 1,806,000 | BV4K8M0 |
| 1.00% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,646,277.68 | 1,602,000 | BNM6H94 |
| 0.99% | -- | CARNIVAL CORP | 5.75% | 08/01/2032 | -- | $1,625,057.43 | 1,592,000 | BT7MYF4 |
| 0.94% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $1,553,331.65 | 1,445,000 | BP2F579 |
| 0.93% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $1,534,994.01 | 1,518,000 | BM9YJB0 |
| 0.92% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,516,161.08 | 1,458,000 | BQ67HZ0 |
| 0.89% | -- | FIRST QUANTUM MINERALS L | 9.38% | 03/01/2029 | -- | $1,464,525.32 | 1,385,000 | BP6GPK1 |
| 0.88% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $1,451,872.38 | 1,400,000 | BW5ZMJ6 |
| 0.86% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,413,117.81 | 1,415,000 | BQKN5B6 |
| 0.82% | -- | HILTON DOMESTIC OPERATIN | 4.00% | 05/01/2031 | -- | $1,346,189.25 | 1,417,000 | BNDLGZ7 |
| 0.81% | -- | WARNERMEDIA HOLDINGS INC | 5.05% | 03/15/2042 | -- | $1,339,400.00 | 1,810,000 | BTPF2W8 |
| 0.81% | -- | BAUSCH HEALTH COS INC | 11.00% | 09/30/2028 | -- | $1,337,600.00 | 1,280,000 | BNBTNV8 |
| 0.81% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $1,332,025.62 | 1,290,000 | BPLP3M1 |
| 0.81% | -- | PANTHER ESCROW ISSUER | 7.13% | 06/01/2031 | -- | $1,325,500.66 | 1,283,000 | BS2FMQ8 |
| 0.80% | -- | DISH NETWORK CORP | 11.75% | 11/15/2027 | -- | $1,309,712.84 | 1,255,000 | BQB9NW0 |
| 0.79% | -- | AMERICAN AIRLINES/AADVAN | 5.75% | 04/20/2029 | -- | $1,300,380.32 | 1,286,000 | BM8H783 |
| 0.77% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $1,258,347.97 | 1,210,000 | BNZG7Q8 |
| 0.76% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,246,409.38 | 1,250,000 | BRXZ215 |
| 0.74% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $1,223,065.81 | 1,184,000 | BS9G792 |
| 0.74% | -- | CLOUD SOFTWARE GRP INC | 9.00% | 09/30/2029 | -- | $1,216,299.53 | 1,170,000 | BRJQLF9 |
| 0.73% | -- | ATLAS LUXCO 4 / ALL UNI | 4.63% | 06/01/2028 | -- | $1,204,496.01 | 1,223,000 | BMVXSB8 |
| 0.73% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,199,256.46 | 1,179,000 | BSHT8Y5 |
| 0.70% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $1,156,344.66 | 1,096,000 | BV5GRT7 |
| 0.70% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,145,358.49 | 1,100,000 | BRSF6F2 |
| 0.68% | -- | SIRIUS XM RADIO LLC | 4.00% | 07/15/2028 | -- | $1,113,834.47 | 1,145,000 | BMBJVY0 |
| 0.68% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,112,366.80 | 1,154,000 | BRK4301 |
| 0.66% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,091,870.85 | 1,073,000 | BV6KVR4 |
| 0.66% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $1,091,236.04 | 1,034,000 | BTCCGD1 |
| 0.65% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,061,125.60 | 1,038,000 | BM8K6S5 |
| 0.64% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,059,917.38 | 1,030,000 | BQ80PR5 |
| 0.64% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $1,048,475.44 | 1,037,000 | BV4FWX4 |
| 0.63% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,039,308.00 | 1,000,000 | BT7HWD3 |
| 0.63% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,038,747.31 | 1,006,000 | BS2FZM5 |
| 0.63% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,036,922.90 | 976,000 | BRQPKY1 |
| 0.63% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,031,043.48 | 1,041,000 | BN7SNC0 |
| 0.63% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $1,028,497.69 | 989,000 | BT7HYL5 |
| 0.63% | -- | TALEN ENERGY SUPPLY LLC | 6.50% | 02/01/2036 | -- | $1,027,542.00 | 1,000,000 | BW2K4P4 |
| 0.62% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,026,753.40 | 987,000 | BVDKGM7 |
| 0.62% | -- | YUM! BRANDS INC | 4.63% | 01/31/2032 | -- | $1,020,332.52 | 1,044,000 | BNW2059 |
| 0.62% | -- | CCO HLDGS LLC/CAP CORP | 4.50% | 05/01/2032 | -- | $1,013,430.56 | 1,129,000 | BMBVFS8 |
| 0.61% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $1,005,645.00 | 1,000,000 | BVBFJZ8 |
| 0.60% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $991,221.84 | 945,000 | BQ2KRF3 |
| 0.60% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $978,747.52 | 1,018,000 | BVF9138 |
| 0.59% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $975,565.98 | 937,000 | BQMJ1N6 |
| 0.56% | -- | WARNERMEDIA HOLDINGS INC | 4.28% | 03/15/2032 | -- | $927,307.50 | 1,039,000 | BRJHSK6 |
| 0.56% | -- | CIPHER COMPUTE LLC CALLABLE NOTES FIXED 7.125% 15/NOV/2030 USD 1000 | -- | -- | -- | $914,314.79 | 897,000 | -- |
| 0.54% | -- | FRONTIER COMMUNICATIONS | 8.75% | 05/15/2030 | -- | $888,961.46 | 852,000 | BPG22V9 |
| 0.54% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $886,667.91 | 872,000 | BNTZ4D7 |
| 0.53% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $865,545.50 | 888,000 | BS89C64 |
| 0.52% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $858,768.43 | 842,000 | BTTRMX1 |
| 0.52% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $856,783.68 | 799,000 | BMJ0LG7 |
| 0.52% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $854,980.15 | 824,000 | BPK4CP5 |
| 0.52% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $847,159.23 | 801,000 | BVK4MV3 |
| 0.51% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $845,409.07 | 821,000 | BVDKGL6 |
| 0.51% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $837,931.43 | 819,000 | BV99DS3 |
| 0.51% | -- | CLEAR CHANNEL OUTDOOR HO | 7.50% | 06/01/2029 | -- | $837,599.99 | 847,000 | BNHS096 |
| 0.50% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $827,291.22 | 859,000 | BT68Y19 |
| 0.50% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $825,669.82 | 799,000 | BNDQTF3 |
| 0.50% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $823,951.76 | 798,000 | BS6S7M4 |
| 0.50% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $822,861.89 | 827,000 | BRXCZB7 |
| 0.50% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $818,780.80 | 800,000 | BVK50T0 |
| 0.49% | -- | IMOLA MERGER CORP | 4.75% | 05/15/2029 | -- | $813,355.08 | 826,000 | BJNPGH3 |
| 0.49% | -- | UNIVISION COMMUNICATIONS | 8.00% | 08/15/2028 | -- | $807,873.25 | 782,000 | BM8K1F7 |
| 0.49% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $797,442.59 | 786,000 | BQT2NG5 |
| 0.48% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $795,555.05 | 793,000 | BPVDS42 |
| 0.48% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $785,361.13 | 761,000 | BR4XVS8 |
| 0.48% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $784,538.50 | 889,000 | BNNPV76 |
| 0.47% | -- | CIVITAS RESOURCES INC | 8.75% | 07/01/2031 | -- | $769,514.67 | 735,000 | BRT75V6 |
| 0.46% | -- | COMMERCIAL METALS CO CALLABLE NOTES FIXED 5.75% 15/NOV/2033 USD 1000 | -- | -- | -- | $763,621.50 | 750,000 | -- |
| 0.46% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $759,626.82 | 900,000 | BMVZMH8 |
| 0.46% | -- | VOLTAGRID LLC CALLABLE NOTES FIXED 7.375% 01/NOV/2030 USD 1000 | -- | -- | -- | $752,135.41 | 750,000 | -- |
| 0.46% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $750,598.39 | 737,000 | BPW9BQ2 |
| 0.46% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $747,925.04 | 748,000 | BQ1PCD2 |
| 0.45% | -- | ORGANON & CO/ORGANON FOR | 4.13% | 04/30/2028 | -- | $746,510.91 | 777,000 | BMV1LQ8 |
| 0.44% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $726,616.54 | 724,000 | BNRNCC8 |
| 0.44% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $723,168.87 | 697,000 | BMZBL86 |
| 0.44% | -- | BOOST NEWCO BORROWER LLC | 7.50% | 01/15/2031 | -- | $717,363.00 | 675,000 | BL6CM66 |
| 0.43% | -- | VISTRA OPERATIONS CO LLC | 7.75% | 10/15/2031 | -- | $713,541.83 | 675,000 | BNQQSS6 |
| 0.43% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $710,237.46 | 685,000 | BSNQ215 |
| 0.43% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $704,563.29 | 684,000 | BTXQV60 |
| 0.43% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $702,472.96 | 682,000 | BMF9C65 |
| 0.42% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $695,204.78 | 675,000 | BMVXP62 |
| 0.42% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $693,359.99 | 702,000 | BQTWXH6 |
| 0.42% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $683,072.50 | 649,000 | BTCK903 |
| 0.42% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $682,942.96 | 657,000 | BQXJKM7 |
| 0.41% | -- | CHART INDUSTRIES INC | 7.50% | 01/01/2030 | -- | $673,520.89 | 646,000 | BLC8Z03 |
| 0.41% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $670,278.44 | 675,000 | BVMS268 |
| 0.40% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $664,142.03 | 628,000 | BLDCTF7 |
| 0.40% | -- | PERFORMANCE FOOD GROUP I | 4.25% | 08/01/2029 | -- | $663,247.00 | 679,000 | BNHT925 |
| 0.40% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $662,525.05 | 618,000 | BS88506 |
| 0.40% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $661,387.70 | 1,013,000 | BMWT6D3 |
| 0.40% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $652,665.61 | 892,000 | BRBCV11 |
| 0.40% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $650,130.72 | 628,000 | BVF9246 |
| 0.39% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $642,453.84 | 711,000 | BM94BT2 |
| 0.39% | -- | SBA COMMUNICATIONS CORP | 3.13% | 02/01/2029 | -- | $633,436.64 | 665,000 | BPVBYZ9 |
| 0.38% | -- | ORGANON & CO/ORGANON FOR | 5.13% | 04/30/2031 | -- | $629,864.81 | 767,000 | BMV1L02 |
| 0.38% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $626,072.28 | 610,000 | BQB88K0 |
| 0.38% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $623,363.81 | 601,000 | BPG27W5 |
| 0.37% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $612,033.73 | 605,000 | BR886L7 |
| 0.37% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $611,758.16 | 609,000 | BPP2DX9 |
| 0.37% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $601,170.58 | 581,000 | BPX27Q2 |
| 0.35% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $583,421.92 | 556,000 | BNRPV83 |
| 0.35% | -- | VMED O2 UK FINAN | 4.75% | 07/15/2031 | -- | $581,949.08 | 630,000 | BP7LR98 |
| 0.35% | -- | LIGHTNING POWER LLC | 7.25% | 08/15/2032 | -- | $577,433.21 | 546,000 | BT3NFD6 |
| 0.35% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $573,168.67 | 576,000 | BS84LN9 |
| 0.35% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $572,743.05 | 550,000 | BVK4BV6 |
| 0.35% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $572,368.50 | 550,000 | BP946X2 |
| 0.35% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $571,547.14 | 543,000 | BRBCTZ1 |
| 0.34% | -- | DELEK LOG PART/FINANCE | 8.63% | 03/15/2029 | -- | $558,796.87 | 536,000 | BRC2671 |
| 0.34% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $558,408.04 | 556,000 | BQB7JV5 |
| 0.34% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $555,896.91 | 563,000 | BS3BCF4 |
| 0.34% | -- | IRON MOUNTAIN INC | 7.00% | 02/15/2029 | -- | $552,362.35 | 539,000 | BLB3TG3 |
| 0.33% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $545,582.16 | 505,000 | BRCDDH3 |
| 0.33% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $544,687.50 | 525,000 | BTJS1V5 |
| 0.33% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $542,223.46 | 519,000 | BNRPLW7 |
| 0.33% | -- | MICHAELS COS INC/THE | 7.88% | 05/01/2029 | -- | $542,148.52 | 601,000 | BN6JYJ8 |
| 0.32% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $531,783.20 | 520,000 | BMC94W8 |
| 0.32% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $531,319.86 | 536,000 | BVBG0S1 |
| 0.32% | -- | COMSTOCK RESOURCES INC | 6.75% | 03/01/2029 | -- | $527,087.93 | 529,000 | BMW2W01 |
| 0.32% | -- | CELANESE US HOLDINGS LLC | 6.67% | 07/15/2027 | -- | $523,048.66 | 506,000 | BP9RBF8 |
| 0.32% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $521,954.00 | 500,000 | BMVXP51 |
| 0.32% | -- | CELANESE US HOLDINGS LLC | 6.75% | 04/15/2033 | -- | $518,825.74 | 528,000 | BS6V604 |
| 0.32% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $517,946.92 | 500,000 | BMGDND0 |
| 0.31% | -- | LIFEPOINT HEALTH INC | 11.00% | 10/15/2030 | -- | $517,037.72 | 473,000 | BR1H4Z1 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $516,725.24 | 511,000 | BLDCF37 |
| 0.31% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $516,389.90 | 513,000 | BQ68CL4 |
| 0.31% | -- | POST HOLDINGS INC | 6.25% | 02/15/2032 | -- | $512,117.50 | 500,000 | BPSQQR3 |
| 0.31% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $509,800.57 | 542,000 | BLDBLN6 |
| 0.31% | -- | COMMSCOPE LLC | 9.50% | 12/15/2031 | -- | $509,379.05 | 503,000 | BRRG7V9 |
| 0.31% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $507,825.52 | 489,000 | BT3CPW2 |
| 0.31% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $507,741.31 | 496,000 | BT9NKJ1 |
| 0.31% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $503,537.76 | 495,000 | BN6MM59 |
| 0.30% | -- | ITT HOLDINGS LLC | 6.50% | 08/01/2029 | -- | $499,797.50 | 517,000 | BLC9L19 |
| 0.30% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $498,131.38 | 485,000 | BP092B6 |
| 0.30% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $496,522.78 | 496,000 | BQT3JM6 |
| 0.30% | -- | VISTRA OPERATIONS CO LLC | 4.38% | 05/01/2029 | -- | $491,224.48 | 501,000 | BN0ZRZ9 |
| 0.30% | -- | EG GLOBAL FINANCE PLC | 12.00% | 11/30/2028 | -- | $490,234.50 | 450,000 | BR1YSV6 |
| 0.30% | -- | COREWEAVE INC | 9.00% | 02/01/2031 | -- | $490,025.17 | 520,000 | BRT7X56 |
| 0.30% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $485,407.10 | 464,000 | BQKRVC1 |
| 0.29% | -- | INVERSION ESCROW ISSUER | 6.75% | 08/01/2032 | -- | $483,894.26 | 490,000 | BVRTP89 |
| 0.29% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $479,974.52 | 467,000 | BMCGQ56 |
| 0.29% | -- | CQP HOLDCO LP/BIP-V CHIN | 5.50% | 06/15/2031 | -- | $478,652.86 | 483,000 | BM8H4Y8 |
| 0.29% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $477,339.33 | 492,000 | BMY8TS4 |
| 0.29% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $475,764.84 | 495,000 | BMH29D8 |
| 0.29% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $474,197.87 | 466,000 | BTTRLD4 |
| 0.29% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $473,817.58 | 500,000 | BV2JDH9 |
| 0.29% | -- | PERMIAN RESOURC OPTG LLC | 7.00% | 01/15/2032 | -- | $468,584.55 | 450,000 | BP5JP78 |
| 0.28% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $468,076.50 | 450,000 | BR53N25 |
| 0.28% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $466,344.29 | 446,000 | BMGC188 |
| 0.28% | -- | FTAI AVIATION INVESTORS | 5.50% | 05/01/2028 | -- | $464,730.44 | 465,000 | BMD14K1 |
| 0.28% | -- | LCM INVESTMENTS HOLDINGS | 4.88% | 05/01/2029 | -- | $462,577.44 | 471,000 | BNM5Z19 |
| 0.28% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $462,058.42 | 455,000 | BQ2KRD1 |
| 0.28% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $459,758.99 | 492,000 | BPLFC68 |
| 0.28% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $459,452.15 | 441,000 | BPLL6H5 |
| 0.28% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $459,160.69 | 426,000 | BMZMHS1 |
| 0.28% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $453,440.61 | 449,000 | BVBFJY7 |
| 0.27% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $446,856.94 | 467,000 | BT7JWZ1 |
| 0.27% | -- | VITAL ENERGY INC | 7.88% | 04/15/2032 | -- | $446,480.05 | 451,000 | BSKP420 |
| 0.27% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $442,310.84 | 449,000 | BQ9D885 |
| 0.27% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $440,997.43 | 436,000 | BN95KZ1 |
| 0.27% | -- | SCIH SALT HOLDINGS INC | 4.88% | 05/01/2028 | -- | $439,926.01 | 443,000 | BMHBB51 |
| 0.27% | -- | SUNRISE FINCO I BV | 4.88% | 07/15/2031 | -- | $439,409.88 | 459,000 | BMT7QC9 |
| 0.27% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $436,456.40 | 452,000 | BP4Z8H8 |
| 0.26% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $431,196.13 | 427,000 | BL54J73 |
| 0.26% | -- | MADISON IAQ LLC | 5.88% | 06/30/2029 | -- | $429,323.01 | 433,000 | BM9PWX6 |
| 0.26% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $427,071.12 | 420,000 | BSVLRC8 |
| 0.26% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $421,245.41 | 407,000 | BM8SW92 |
| 0.26% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $421,051.40 | 418,000 | BMW2F91 |
| 0.25% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $413,667.07 | 407,000 | BVMDN60 |
| 0.25% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $411,036.00 | 391,000 | BMCGQM3 |
| 0.25% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $410,670.50 | 393,000 | BMW2FL3 |
| 0.25% | -- | VERSANT MEDIA GROUP INC CALLABLE BOND FIXED 7.25% 30/JAN/2031 USD 1000 | -- | -- | -- | $408,569.60 | 400,000 | -- |
| 0.24% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $401,354.13 | 383,000 | BP092P0 |
| 0.24% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $400,237.16 | 422,000 | BP83D39 |
| 0.24% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $399,947.83 | 431,000 | BRPT5J4 |
| 0.24% | -- | SABRE GLBL INC | 11.13% | 07/15/2030 | -- | $398,737.50 | 465,000 | BS6RJF8 |
| 0.24% | -- | ARDAGH METAL PACKAGING | 4.00% | 09/01/2029 | -- | $397,338.12 | 424,000 | BNKLFF3 |
| 0.24% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $394,668.27 | 417,000 | BN6KWY2 |
| 0.24% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $393,965.77 | 382,000 | BRBDSH9 |
| 0.24% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $393,891.66 | 382,000 | BRBVMG0 |
| 0.24% | -- | ENDO FINANCE HOLDINGS | 8.50% | 04/15/2031 | -- | $393,387.25 | 378,000 | BPBRSM2 |
| 0.24% | -- | CIVITAS RESOURCES INC | 8.38% | 07/01/2028 | -- | $387,946.39 | 376,000 | BRT7527 |
| 0.24% | -- | MIDCAP FINANCIAL ISSR TR | 6.50% | 05/01/2028 | -- | $387,086.92 | 394,000 | BMBV4H0 |
| 0.23% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $384,727.00 | 363,000 | BV1C948 |
| 0.23% | -- | PARAMOUNT GLOBAL | 6.38% | 03/30/2062 | -- | $381,634.19 | 392,000 | BMXHJH1 |
| 0.23% | -- | MPH ACQUISITION HOLDINGS | 5.50% | 09/01/2028 | -- | $378,300.00 | 485,000 | BMH8323 |
| 0.23% | -- | COMPASS GROUP DIVERSIFIE | 5.25% | 04/15/2029 | -- | $371,112.84 | 393,591 | BMDB423 |
| 0.22% | -- | HUSKY INJECTION / TITAN | 9.00% | 02/15/2029 | -- | $367,551.79 | 349,000 | BS7XRZ1 |
| 0.22% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $360,349.42 | 491,000 | BM93J39 |
| 0.22% | -- | TRONOX INC | 4.63% | 03/15/2029 | -- | $357,265.34 | 500,000 | BNQPRV9 |
| 0.22% | -- | CRESCENT ENERGY FINANCE | 7.38% | 01/15/2033 | -- | $354,503.58 | 369,000 | BR4ZG56 |
| 0.21% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $352,319.28 | 347,000 | BMXHQ92 |
| 0.21% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $351,493.02 | 343,000 | BRK14M1 |
| 0.21% | -- | PERMIAN RESOURC OPTG LLC | 6.25% | 02/01/2033 | -- | $351,115.38 | 343,000 | BP091F3 |
| 0.21% | -- | WINDSTREAM SERVICES LLC | 7.50% | 10/15/2033 | -- | $348,907.79 | 341,000 | BVMSGF5 |
| 0.21% | -- | CSC HOLDINGS LLC | 4.50% | 11/15/2031 | -- | $348,895.85 | 581,000 | BMY0HH5 |
| 0.20% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $324,475.18 | 317,000 | BV8DHB7 |
| 0.20% | -- | BRIGHTLINE EAST LLC | 11.00% | 01/31/2030 | -- | $320,760.00 | 972,000 | BPGM651 |
| 0.19% | -- | CALIFORNIA BUYER LTD / ATLANTICA SUSTAINABLE INFRASTRUCTURE PLC CALLABLE NOTES FIXED 6.375% 15/FEB/2032 USD 1000 | -- | -- | -- | $315,031.19 | 315,000 | -- |
| 0.19% | -- | AMERICAN AIRLINES INC | 8.50% | 05/15/2029 | -- | $314,145.80 | 301,000 | BMJ0L90 |
| 0.19% | -- | 1011778 BC / NEW RED FIN | 6.13% | 06/15/2029 | -- | $304,474.01 | 297,000 | BRZWYJ6 |
| 0.18% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $302,238.18 | 300,000 | BTPH0K8 |
| 0.18% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $299,528.89 | 300,000 | BVSYM93 |
| 0.18% | -- | TEGNA INC | 4.63% | 03/15/2028 | -- | $292,623.62 | 296,000 | BNTBJ41 |
| 0.17% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $276,445.17 | 270,000 | BP4YGK4 |
| 0.17% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $276,319.49 | 269,000 | BVZMLG0 |
| 0.16% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $270,692.80 | 401,000 | BP9LWV3 |
| 0.16% | -- | CARNIVAL CORP | 6.13% | 02/15/2033 | -- | $264,596.56 | 258,000 | BV0YZ47 |
| 0.16% | -- | POST HOLDINGS INC | 6.38% | 03/01/2033 | -- | $261,961.52 | 261,000 | BP812N6 |
| 0.15% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $254,287.16 | 239,000 | BMCMQL0 |
| 0.14% | -- | DIRECTV FIN LLC/COINC | 5.88% | 08/15/2027 | -- | $235,611.24 | 235,000 | BN765Z1 |
| 0.14% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $232,110.55 | 221,000 | BR2NN28 |
| 0.13% | -- | BUILDERS FIRSTSOURCE INC | 4.25% | 02/01/2032 | -- | $220,219.49 | 233,000 | BMD9BZ9 |
| 0.13% | -- | HILTON DOMESTIC OPERATIN | 3.63% | 02/15/2032 | -- | $211,774.66 | 230,000 | BKPJT48 |
| 0.13% | -- | KINETIK HOLDINGS LP CALLABLE NOTES FIXED 6.625% 15/DEC/2028 USD 1000 | -- | -- | -- | $207,207.56 | 202,000 | -- |
| 0.12% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $192,581.70 | 183,000 | BPK4TG5 |
| 0.10% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $161,700.69 | 177,000 | BM9SD09 |
| 0.09% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $141,310.44 | 135,000 | BNKBFF3 |
| 0.05% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $85,464.88 | 84,000 | BVYL9V9 |
| 0.05% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $81,574.35 | 78,000 | BV5GRS6 |
| 0.05% | -- | COMMERCIAL METALS CO CALLABLE NOTES FIXED 6% 15/DEC/2035 USD 1000 | -- | -- | -- | $80,185.87 | 79,000 | -- |
| 0.04% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $69,522.91 | 66,000 | BSNZ6B0 |
| 0.04% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $64,687.94 | 64,000 | BPLPFQ9 |
| 0.03% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $51,377.75 | 50,000 | BV6KVQ3 |
| 0.03% | -- | NFE FINANCING LLC | 12.00% | 11/15/2029 | -- | $50,700.00 | 169,000 | BQWNRK7 |
| 0.01% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $13,464.66 | 13,000 | BPH25H5 |
| -- | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $998.87 | 1,000 | BQ3QRD8 |
| -- | -- | WINDSTREAM ESCROW LLC / WINDSTREAM ESCROW FINANCE CORP BOND FIXED 7.75% 15/AUG/2028 USD | -- | -- | -- | $00.00 | 556 | -- |
| -13.30% | -- | US 10YR NOTE (CBT) BOND 20/MAR/2026 TYH6 COMDTY | -- | -- | -21,858,281 | -- | -195 | -- |
| -35.36% | -- | US 2YR NOTE (CBT) BOND 31/MAR/2026 TUH6 COMDTY | -- | -- | -58,121,367 | -- | -279 | -- |
| -45.13% | -- | US 5YR NOTE (CBT) BOND 31/MAR/2026 FVH6 COMDTY | -- | -- | -74,181,118 | -- | -681 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $9,024,100.06 | 9,024,100 | -- |
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