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 7/31/2026
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.35% | 1.45% | 2.91% | 3.64% | 6.34% | 8.65% | 7.09% | 6.04% | 4.21% | 05/21/2013 |
| HYHG Market Price | 0.50% | 1.64% | 2.95% | 4.07% | 6.82% | 8.79% | 7.15% | 6.10% | 4.26% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.18% | 1.41% | 3.03% | 3.95% | 6.68% | 8.99% | 7.50% | 6.52% | 4.89% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| HYHG NAV | 0.18% | 2.99% | 3.28% | 3.28% | 6.79% | 9.15% | 6.88% | 6.24% | 4.21% | 05/21/2013 |
| HYHG Market Price | 0.45% | 3.54% | 3.55% | 3.55% | 7.16% | 9.10% | 6.93% | 6.24% | 4.24% | 05/21/2013 |
| FTSE High Yield (Treasury Rate-Hedged) Index | 0.19% | 3.29% | 3.76% | 3.76% | 7.42% | 9.54% | 7.34% | 6.74% | 4.91% | -- |
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 $200,069,133
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 7/31/2026- Number of Companies 245
- Weighted Average Yield to
Maturity7.54% - Net Effective Duration -0.08927
Price
as of 8/13/2026- NAV
- NAV Change
- Market Price $64.72
- Market Price Change $-0.11
- Trading Volume (M) 17,878
- 30-Day Median Bid Ask Spread 0.53%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Monthly
- 12-Month Yield 6.74%
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 $200,069,133
- Expense Ratio 0.50%
- NAV Calculation Time
Characteristics
as of 7/31/2026- Number of Companies 245
- Weighted Average Yield to
Maturity7.54% - Net Effective Duration -0.08927
Price
as of 8/13/2026- NAV
- NAV Change
- Market Price $64.72
- Market Price Change $-0.11
- Trading Volume (M) 17,878
- 30-Day Median Bid Ask Spread 0.53%
- View Premium / Discount
Distributions
as of 7/31/2026- Distribution Frequency Monthly
- 12-Month Yield 6.74%
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 8/13/2026
| Weight | Ticker | Description | Coupon Rate | Maturity Date | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|---|---|
| 1.47% | -- | QUIKRETE HOLDINGS INC | 6.38% | 03/01/2032 | -- | $2,939,396.68 | 2,885,000 | BPH26F0 |
| 1.46% | -- | 1261229 BC LTD | 10.00% | 04/15/2032 | -- | $2,923,947.56 | 2,840,000 | BS9G792 |
| 1.25% | -- | MERIDIAN ARC HOLDCO LLC | 6.25% | 04/30/2031 | -- | $2,492,414.88 | 2,576,000 | BX54MW3 |
| 1.22% | -- | CLOUD SOFTWARE GRP LLC | 6.50% | 03/31/2029 | -- | $2,437,222.87 | 2,464,000 | BN2QTP4 |
| 1.17% | -- | ASURION LLC/ASURION CO | 8.00% | 12/31/2032 | -- | $2,336,076.82 | 2,308,000 | BNBV5N0 |
| 0.97% | LVLT | LEVEL 3 FINANCING INC | 6.88% | 06/30/2033 | -- | $1,948,208.37 | 1,906,000 | BV4K8M0 |
| 0.96% | -- | UNIVISION COMMUNICATIONS | 8.88% | 04/15/2033 | -- | $1,927,678.94 | 1,950,000 | BTWQYH3 |
| 0.95% | -- | BLACK PEARL COMPUTE LLC | 6.13% | 02/15/2031 | -- | $1,909,042.03 | 1,891,000 | BMXG8Y8 |
| 0.93% | -- | GALAXY HELIOS DATA CENTERS II LLC CALLABLE NOTES FIXED 9.875% 01/AUG/2031 USD 1000 | -- | -- | -- | $1,862,958.23 | 1,850,000 | -- |
| 0.91% | -- | PR RNO PROPERTY OWNER 1 | 6.50% | 05/01/2031 | -- | $1,830,501.10 | 1,922,000 | BVV7TN2 |
| 0.90% | -- | ECHOSTAR CORP | 10.75% | 11/30/2029 | -- | $1,792,821.58 | 1,660,000 | BR54DP1 |
| 0.85% | -- | ALLIED UNIVERSAL HOLDCO | 7.88% | 02/15/2031 | -- | $1,708,645.30 | 1,638,000 | BMCGQM3 |
| 0.85% | -- | FLASH COMPUTE LLC | 7.25% | 12/31/2030 | -- | $1,701,141.12 | 1,680,000 | BTBKSX0 |
| 0.82% | -- | CORE SCIENTIFIC FINANCE | 7.75% | 05/15/2031 | -- | $1,645,331.38 | 1,668,000 | BTXZ1D4 |
| 0.81% | -- | VERSANT MEDIA GROUP INC | 7.25% | 01/30/2031 | -- | $1,618,161.48 | 1,559,000 | BVBCQP8 |
| 0.80% | -- | SV RNO PROPERTY OWNER 1 | 5.88% | 03/01/2031 | -- | $1,608,914.29 | 1,709,000 | BVPVMW0 |
| 0.77% | -- | TRANSDIGM INC | 6.38% | 03/01/2029 | -- | $1,536,680.72 | 1,514,000 | BNM6H94 |
| 0.76% | -- | UNITED RENTALS NORTH AM | 6.13% | 03/15/2034 | -- | $1,524,027.14 | 1,491,000 | BS9C5X0 |
| 0.76% | -- | COREWEAVE INC | 9.25% | 06/01/2030 | -- | $1,512,998.97 | 1,562,000 | BVF9138 |
| 0.75% | -- | VENTURE GLOBAL LNG INC | 8.38% | 06/01/2031 | -- | $1,508,559.72 | 1,451,000 | BRK4301 |
| 0.73% | -- | CVS HEALTH CORP | 7.00% | 03/10/2055 | -- | $1,458,273.93 | 1,413,000 | BQ2KRF3 |
| 0.72% | -- | DAVITA INC | 6.75% | 07/15/2033 | -- | $1,435,595.02 | 1,398,000 | BS6S7M4 |
| 0.71% | -- | NCR ATLEOS LLC | 9.50% | 04/01/2029 | -- | $1,429,610.64 | 1,351,000 | BRCDDH3 |
| 0.71% | -- | DIRECTV FIN LLC/COINC | 10.00% | 02/15/2031 | -- | $1,428,601.05 | 1,350,000 | BRXZ215 |
| 0.71% | -- | MAUSER PACKAGING SOLUT | 7.88% | 04/15/2030 | -- | $1,422,944.38 | 1,389,000 | BSTKQX1 |
| 0.69% | -- | HUB INTERNATIONAL LTD | 7.38% | 01/31/2032 | -- | $1,378,141.34 | 1,338,000 | BQ67HZ0 |
| 0.69% | -- | UKG INC | 6.88% | 02/01/2031 | -- | $1,378,045.26 | 1,403,000 | BS2FZM5 |
| 0.69% | -- | PETSMART LLC/PETSMART FI | 7.50% | 09/15/2032 | -- | $1,371,579.25 | 1,354,000 | BNRNCC8 |
| 0.68% | -- | NEPTUNE BIDCO US INC | 9.29% | 04/15/2029 | -- | $1,359,576.98 | 1,323,000 | BQKN5B6 |
| 0.66% | -- | OAK-EAGLE ACQUIRECO INC | 8.75% | 07/01/2034 | -- | $1,330,071.25 | 1,250,000 | BTNKNF5 |
| 0.66% | -- | TRANSDIGM INC | 6.38% | 05/31/2033 | -- | $1,314,677.88 | 1,305,000 | BV99DS3 |
| 0.65% | -- | MICHAELS COS INC/THE | 8.50% | 03/15/2033 | -- | $1,306,732.04 | 1,311,000 | BW5TCD2 |
| 0.64% | -- | CRC INSURANCE GROUP LLC | 7.13% | 06/01/2031 | -- | $1,284,848.06 | 1,283,000 | BS2FMQ8 |
| 0.64% | -- | ROCKET COS INC | 6.38% | 08/01/2033 | -- | $1,276,516.82 | 1,254,000 | BVDKGM7 |
| 0.64% | -- | VZ SECURED FINANCING BV | 5.00% | 01/15/2032 | -- | $1,275,938.76 | 1,497,000 | BM94BT2 |
| 0.64% | -- | HERC HOLDINGS INC | 7.00% | 06/15/2030 | -- | $1,274,400.49 | 1,229,000 | BV5GRS6 |
| 0.63% | -- | CCO HLDGS LLC/CAP CORP | 4.25% | 01/15/2034 | -- | $1,252,744.84 | 1,505,000 | BMVZMH8 |
| 0.62% | -- | APLD COMPUTECO 2 LLC | 6.75% | 03/15/2031 | -- | $1,241,989.74 | 1,263,000 | BSHX319 |
| 0.61% | -- | WINDSTREAM SERVICES/ESCR | 8.25% | 10/01/2031 | -- | $1,230,609.65 | 1,174,000 | BRSF6F2 |
| 0.61% | -- | OAK-EAGLE ACQUIRECO INC | 7.25% | 07/01/2033 | -- | $1,211,041.42 | 1,159,000 | BTNKKK9 |
| 0.60% | -- | CONNECT FINCO SARL/CONNE | 9.00% | 09/15/2029 | -- | $1,202,765.47 | 1,148,000 | BRQPKY1 |
| 0.60% | -- | VENTURE GLOBAL LNG INC | 9.50% | 02/01/2029 | -- | $1,193,258.38 | 1,108,000 | BQ80PR5 |
| 0.59% | -- | GRAY MEDIA INC | 5.38% | 11/15/2031 | -- | $1,173,900.00 | 1,505,000 | BM93J39 |
| 0.58% | -- | NCL CORPORATION LTD | 6.75% | 02/01/2032 | -- | $1,170,340.36 | 1,179,000 | BSHT8Y5 |
| 0.58% | -- | CLOUD SOFTWARE GRP LLC | 9.00% | 09/30/2029 | -- | $1,164,374.06 | 1,170,000 | BRJQLF9 |
| 0.57% | -- | ATHENAHEALTH GROUP INC | 6.50% | 02/15/2030 | -- | $1,140,775.38 | 1,161,000 | BN7SNC0 |
| 0.57% | -- | SIRIUS XM RADIO LLC | 3.88% | 09/01/2031 | -- | $1,132,896.09 | 1,242,000 | BM9SD09 |
| 0.56% | -- | COMMERCIAL METALS CO | 6.00% | 12/15/2035 | -- | $1,117,596.35 | 1,123,000 | BS88ZW8 |
| 0.56% | -- | JETBLUE AIRWAYS/LOYALTY | 9.88% | 09/20/2031 | -- | $1,114,728.10 | 1,239,000 | BRXCZB7 |
| 0.56% | -- | APLD COMPUTECO LLC | 9.25% | 12/15/2030 | -- | $1,111,182.15 | 1,047,000 | BVMR221 |
| 0.55% | -- | ONEMAIN FINANCE CORP | 6.75% | 09/15/2033 | -- | $1,104,065.82 | 1,114,000 | BQ689G8 |
| 0.55% | -- | MILLROSE PROPERTIES INC | 6.38% | 08/01/2030 | -- | $1,092,215.28 | 1,073,000 | BV6KVR4 |
| 0.54% | -- | ALBERTSONS COS/SAFEWAY | 5.75% | 03/31/2034 | -- | $1,072,728.46 | 1,144,000 | BVBCQJ2 |
| 0.54% | -- | SABRE FINANCIAL BORROWER | 11.13% | 06/15/2029 | -- | $1,071,448.40 | 1,010,000 | BTFHQJ9 |
| 0.53% | -- | MEDLINE BORROWER LP | 5.25% | 10/01/2029 | -- | $1,070,537.78 | 1,077,000 | BMWDGR9 |
| 0.53% | -- | FIRST QUANTUM MINERALS L | 6.38% | 02/15/2036 | -- | $1,063,241.84 | 1,085,000 | BT3F8Q6 |
| 0.53% | -- | JANE STREET GRP/JSG FIN | 6.75% | 05/01/2033 | -- | $1,062,764.00 | 1,000,000 | BT7HWD3 |
| 0.53% | -- | AMC GLOBAL MEDIA INC | 10.50% | 07/15/2032 | -- | $1,062,204.68 | 1,010,000 | BPSN522 |
| 0.53% | -- | STAPLES INC | 10.75% | 09/01/2029 | -- | $1,054,197.38 | 1,098,000 | BS89C64 |
| 0.53% | -- | CLEVELAND-CLIFFS INC | 7.00% | 03/15/2032 | -- | $1,051,360.10 | 1,038,000 | BM8K6S5 |
| 0.53% | -- | CAESARS ENTERTAIN INC | 6.50% | 02/15/2032 | -- | $1,050,914.18 | 1,083,000 | BNTZ4D7 |
| 0.52% | -- | POST HOLDINGS INC | 6.50% | 03/15/2036 | -- | $1,046,293.89 | 1,079,000 | BTFHSL5 |
| 0.52% | -- | TALEN ENERGY SUPPLY LLC | 6.13% | 05/01/2031 | -- | $1,039,090.57 | 1,039,000 | BRXPB07 |
| 0.50% | -- | CELANESE US HOLDINGS LLC | 7.70% | 11/15/2033 | -- | $1,000,974.00 | 939,000 | BRBDWD3 |
| 0.50% | -- | HILTON DOMESTIC OPERATIN | 5.50% | 03/31/2034 | -- | $998,522.59 | 1,012,000 | BTGTPC0 |
| 0.48% | -- | CLEAR CHANNEL OUTDOOR HO | 7.13% | 02/15/2031 | -- | $963,469.56 | 931,000 | BSML716 |
| 0.48% | -- | VOLTAGRID LLC | 7.38% | 11/01/2030 | -- | $963,378.23 | 943,000 | BVK6BT0 |
| 0.48% | -- | NRG ENERGY INC | 6.00% | 01/15/2036 | -- | $957,261.34 | 975,000 | BVBFJY7 |
| 0.48% | IQV | IQVIA INC | 6.25% | 06/01/2032 | -- | $956,901.88 | 937,000 | BQMJ1N6 |
| 0.48% | -- | QXO BUILDING PRODUCTS | 6.75% | 04/30/2032 | -- | $955,483.00 | 929,000 | BT7HYL5 |
| 0.48% | -- | ARDONAGH FINCO LTD | 7.75% | 02/15/2031 | -- | $954,565.56 | 936,000 | BMVXP51 |
| 0.47% | -- | CLYDESDALE ACQUISITION | 6.75% | 04/15/2032 | -- | $947,355.95 | 968,000 | BM9YJB0 |
| 0.47% | -- | NEXSTAR MEDIA INC | 7.25% | 04/15/2034 | -- | $942,448.98 | 930,000 | BTG0PS9 |
| 0.46% | -- | MCAFEE CORP | 7.38% | 02/15/2030 | -- | $929,890.87 | 1,054,000 | BNNPV76 |
| 0.46% | -- | BLOCK INC | 6.50% | 05/15/2032 | -- | $917,722.56 | 901,000 | BNZG7Q8 |
| 0.46% | -- | TALEN ENERGY SUPPLY LLC | 6.38% | 05/01/2033 | -- | $916,266.73 | 922,000 | BRXP9Z8 |
| 0.46% | -- | CHS/COMMUNITY HEALTH SYS | 10.88% | 01/15/2032 | -- | $910,547.93 | 857,000 | BP2F579 |
| 0.43% | -- | TENNECO INC | 8.00% | 11/17/2028 | -- | $851,952.53 | 848,000 | BQ1PCD2 |
| 0.42% | -- | GFL ENVIRONMENTAL HOL | 5.50% | 02/01/2034 | -- | $837,131.36 | 895,000 | BSSBTZ8 |
| 0.41% | -- | ARDONAGH GROUP FINANCE | 8.88% | 02/15/2032 | -- | $818,607.26 | 813,000 | BMVXP62 |
| 0.41% | -- | ALTICE FRANCE SA | 6.50% | 04/15/2032 | -- | $815,726.27 | 837,353 | BT68Y19 |
| 0.41% | -- | SHIFT4 PAYMENTS LLC/FIN | 6.75% | 08/15/2032 | -- | $814,466.62 | 822,000 | BMZBL86 |
| 0.41% | -- | ALLIANT HOLD / CO-ISSUER | 7.00% | 01/15/2031 | -- | $811,520.33 | 799,000 | BNDQTF3 |
| 0.40% | -- | CARRIX INC CALLABLE NOTES FIXED 6.125% 01/AUG/2033 USD 1000 | -- | -- | -- | $797,479.66 | 793,000 | -- |
| 0.40% | -- | SM ENERGY CO | 6.63% | 04/15/2034 | -- | $796,786.96 | 791,000 | BVCHTT7 |
| 0.40% | -- | UNITED AIRLINES HOLDINGS | 5.38% | 03/01/2031 | -- | $796,073.21 | 801,000 | BW46M90 |
| 0.40% | -- | TENET HEALTHCARE CORP | 6.13% | 10/01/2028 | -- | $794,980.91 | 793,000 | BPVDS42 |
| 0.40% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2035 | -- | $793,211.76 | 800,000 | BWMT9W3 |
| 0.39% | -- | CSC HOLDINGS LLC | 11.75% | 01/31/2029 | -- | $786,591.45 | 1,386,000 | BRBCV11 |
| 0.39% | -- | FAIR ISAAC CORP | 6.00% | 05/15/2033 | -- | $780,004.00 | 800,000 | BVK50T0 |
| 0.39% | -- | ADT SEC CORP | 5.88% | 10/15/2033 | -- | $774,520.66 | 790,000 | BV4FWX4 |
| 0.38% | -- | QXO BUILDING PRODUCTS | 6.88% | 07/15/2034 | -- | $766,058.93 | 752,000 | BXM7DH7 |
| 0.38% | -- | CHS/COMMUNITY HEALTH SYS | 9.75% | 01/15/2034 | -- | $763,367.52 | 747,000 | BPK4TG5 |
| 0.37% | -- | ION PLATFORM FINANCE US | 7.88% | 09/30/2032 | -- | $749,554.41 | 955,000 | BV2JDH9 |
| 0.37% | -- | SUNOCO LP | 6.25% | 07/01/2033 | -- | $748,844.95 | 742,000 | BTTRMX1 |
| 0.37% | -- | TENET HEALTHCARE CORP | 6.13% | 06/15/2030 | -- | $743,777.45 | 737,000 | BPW9BQ2 |
| 0.37% | -- | SINCLAIR TELEVISION GROU | 8.13% | 02/15/2033 | -- | $743,231.76 | 713,000 | BP946X2 |
| 0.36% | -- | HOWDEN UK REFINANCE / US | 7.25% | 02/15/2031 | -- | $716,896.08 | 727,000 | BMCGQ56 |
| 0.36% | -- | VALARIS LTD | 8.38% | 04/30/2030 | -- | $713,874.75 | 687,000 | BPK4CP5 |
| 0.36% | -- | SWORD PURCHASER LLC | 8.25% | 04/15/2033 | -- | $712,596.25 | 687,000 | BWFJMB0 |
| 0.35% | -- | KINETIK HOLDINGS LP | 5.88% | 06/15/2030 | -- | $708,746.34 | 706,000 | BQB7JV5 |
| 0.35% | -- | ARC FALCON I INC/ARCL/HO | 9.75% | 03/01/2033 | -- | $706,982.03 | 727,000 | BW47TN6 |
| 0.35% | -- | CHURCHILL DOWNS INC | 5.75% | 04/01/2030 | -- | $706,803.39 | 705,000 | BPP2DX9 |
| 0.35% | -- | VOYAGER PARENT LLC | 9.25% | 07/01/2032 | -- | $701,299.02 | 652,000 | BVK4MV3 |
| 0.35% | -- | NRG ENERGY INC | 5.75% | 01/15/2034 | -- | $694,428.06 | 709,000 | BVBFJZ8 |
| 0.35% | -- | COOPER-STANDARD AUTOMOTI | 9.25% | 03/01/2031 | -- | $691,703.48 | 676,000 | BR1FF63 |
| 0.34% | -- | ROGERS COMMUNICATIONS IN | 7.00% | 04/15/2055 | -- | $689,740.20 | 685,000 | BSNQ215 |
| 0.34% | -- | CAESARS ENTERTAIN INC | 7.00% | 02/15/2030 | -- | $688,151.87 | 683,000 | BPX27Q2 |
| 0.34% | -- | PERFORMANCE FOOD GROUP I | 6.13% | 09/15/2032 | -- | $686,236.58 | 682,000 | BP4YGK4 |
| 0.34% | -- | BUILDERS FIRSTSOURCE INC | 6.38% | 03/01/2034 | -- | $681,811.90 | 682,000 | BMF9C65 |
| 0.34% | -- | FERTITTA ENTERTAINMENT | 4.63% | 01/15/2029 | -- | $680,830.48 | 695,000 | BMH29D8 |
| 0.34% | -- | ICAHN ENTERPRISES/FIN | 10.00% | 11/15/2029 | -- | $677,137.94 | 695,000 | BTPH0K8 |
| 0.34% | -- | OLYMPUS WTR US HLDG CORP | 7.25% | 02/15/2033 | -- | $676,123.88 | 675,000 | BVMS268 |
| 0.34% | -- | PRIME HEALTHCARE SERVICE | 9.38% | 09/01/2029 | -- | $675,011.05 | 649,000 | BTCK903 |
| 0.34% | -- | ARDAGH GROUP SA | 9.50% | 12/01/2030 | -- | $674,384.23 | 642,000 | BTWWV25 |
| 0.34% | -- | AECOM | 6.00% | 08/01/2033 | -- | $672,959.75 | 679,000 | BV2CGD5 |
| 0.34% | -- | ALBION FINANCING 1SARL / | 7.00% | 05/21/2030 | -- | $670,675.85 | 650,000 | BMGDND0 |
| 0.33% | -- | CRESCENT ENERGY FINANCE | 7.88% | 04/15/2032 | -- | $669,516.25 | 650,000 | BSKP420 |
| 0.33% | -- | NATIONAL MENTOR HOLDINGS | 10.50% | 12/15/2030 | -- | $667,525.01 | 630,000 | BV3PLR2 |
| 0.33% | -- | RR DONNELLEY & SONS CO | 9.50% | 08/01/2029 | -- | $659,615.50 | 634,000 | BMC94W8 |
| 0.33% | -- | ALTICE FINANCING SA | 5.75% | 08/15/2029 | -- | $657,732.20 | 1,032,000 | BMWT6D3 |
| 0.33% | -- | BAUSCH + LOMB CORP | 8.38% | 10/01/2028 | -- | $653,950.00 | 638,000 | BR55K64 |
| 0.32% | -- | ASURION LLC/ASURION CO | 8.38% | 02/01/2034 | -- | $647,116.29 | 703,000 | BTZRRR4 |
| 0.32% | -- | NGL ENRGY OP/FIN CORP | 8.38% | 02/15/2032 | -- | $644,605.19 | 616,000 | BPG27W5 |
| 0.32% | -- | HUB INTERNATIONAL LTD | 7.25% | 06/15/2030 | -- | $636,016.30 | 616,000 | BQKRVC1 |
| 0.32% | -- | ENDO FINANCE HOLDINGS LP | 8.50% | 04/15/2031 | -- | $633,004.20 | 600,000 | BPBRSM2 |
| 0.31% | -- | QNITY ELECTRONICS INC | 5.75% | 08/15/2032 | -- | $629,498.41 | 628,000 | BVMDN60 |
| 0.31% | -- | WULF COMPUTE LLC | 7.75% | 10/15/2030 | -- | $626,638.20 | 600,000 | BW5ZMJ6 |
| 0.31% | -- | AMERICAN AXLE & MFG INC | 7.75% | 10/15/2033 | -- | $618,709.60 | 611,000 | BLDCF37 |
| 0.31% | -- | PG&E CORP | 7.38% | 03/15/2055 | -- | $618,038.30 | 607,000 | BQXJKM7 |
| 0.31% | -- | ZF NA CAPITAL | 7.50% | 03/24/2031 | -- | $612,389.32 | 602,000 | BQTWXH6 |
| 0.31% | -- | NEWELL BRANDS INC | 8.50% | 06/01/2028 | -- | $610,553.97 | 585,000 | BVK4BV6 |
| 0.30% | -- | COREWEAVE INC | 9.75% | 10/01/2031 | -- | $608,450.01 | 649,000 | BWM2ZQ8 |
| 0.30% | -- | WR GRACE HOLDING LLC | 5.63% | 08/15/2029 | -- | $600,125.55 | 642,000 | BLDBLN6 |
| 0.30% | -- | EQUIPMENTSHARE.COM INC CALLABLE NOTES FIXED 7.125% 01/JUL/2034 USD 1000 | -- | -- | -- | $592,546.56 | 600,000 | -- |
| 0.30% | -- | CALIFORNIA BUYER/ATLANTI | 6.38% | 02/15/2032 | -- | $592,138.56 | 600,000 | BSZ7DB3 |
| 0.30% | -- | CENTENE CORP | 2.63% | 08/01/2031 | -- | $592,116.93 | 678,000 | BL6LYW3 |
| 0.29% | -- | CORELOGIC INC CALLABLE NOTES FIXED 9% 01/AUG/2031 USD 1000 | -- | -- | -- | $585,575.82 | 600,000 | -- |
| 0.29% | -- | CACI INTERNATIONAL INC | 6.38% | 06/15/2033 | -- | $575,793.76 | 565,000 | BVF9246 |
| 0.28% | -- | GAIA PURCHASER INC CALLABLE NOTES FIXED 7.625% 15/JUL/2033 USD 1000 | -- | -- | -- | $567,325.66 | 554,000 | -- |
| 0.28% | -- | KENNEDY-WILSON INC CALLABLE NOTES FIXED 7.25% 01/JUN/2033 USD 1000 | -- | -- | -- | $561,687.27 | 549,000 | -- |
| 0.28% | -- | WAND NEWCO 3 INC | 7.63% | 01/30/2032 | -- | $560,475.91 | 543,000 | BRBCTZ1 |
| 0.28% | -- | MPT OPER PARTNERSP/FINL | 8.50% | 02/15/2032 | -- | $556,142.18 | 548,000 | BTCCGD1 |
| 0.28% | -- | WYNN RESORTS FINANCE LLC | 7.13% | 02/15/2031 | -- | $554,615.45 | 526,000 | BMZMHS1 |
| 0.28% | -- | UNITI SERVICES LLC | 7.50% | 10/15/2033 | -- | $554,539.70 | 536,000 | BVMSGF5 |
| 0.28% | -- | SMYRNA READY MIX CONCRET | 8.88% | 11/15/2031 | -- | $552,737.86 | 528,000 | BLDCTF7 |
| 0.28% | -- | VERITIV OPERATING CO | 10.50% | 11/30/2030 | -- | $550,950.28 | 526,000 | BMJ0LG7 |
| 0.27% | -- | VIKING CRUISES LTD | 5.88% | 10/15/2033 | -- | $542,582.66 | 544,000 | BR886L7 |
| 0.27% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 02/15/2030 | -- | $541,059.75 | 525,000 | BTJS1V5 |
| 0.27% | -- | MAUSER PACKAGING SOLUT | 9.25% | 04/15/2030 | -- | $535,150.65 | 541,000 | BSJQ190 |
| 0.27% | -- | EDGED COMPUTE LLC | 7.50% | 04/30/2031 | -- | $534,995.97 | 561,000 | BT7J9Z0 |
| 0.27% | -- | GOODYEAR TIRE & RUBBER | 8.88% | 07/15/2032 | -- | $533,275.82 | 522,000 | BV4HGL6 |
| 0.27% | -- | SOLARIS ENERGY INFRASTRU | 6.38% | 05/15/2031 | -- | $533,087.94 | 532,000 | BSNN9Q0 |
| 0.27% | -- | TKC HOLDINGS INC | 8.50% | 08/15/2030 | -- | $531,787.60 | 513,000 | BT3FDQ1 |
| 0.26% | -- | NISSAN MOTOR ACCEPTANCE | 6.13% | 09/30/2030 | -- | $528,934.07 | 536,000 | BVBG0S1 |
| 0.26% | -- | SURGERY CENTER HOLDINGS | 7.25% | 04/15/2032 | -- | $528,167.85 | 525,000 | BRS7WN8 |
| 0.26% | -- | SNAP INC | 6.88% | 03/01/2033 | -- | $525,958.86 | 530,000 | BTXQV60 |
| 0.26% | -- | ROCKET COS INC | 6.13% | 08/01/2030 | -- | $517,790.43 | 509,000 | BVDKGL6 |
| 0.26% | -- | JANE STREET GRP/JSG FIN | 6.13% | 11/01/2032 | -- | $517,124.03 | 495,000 | BN6MM59 |
| 0.26% | -- | NEPTUNE BIDCO US INC | 9.50% | 02/15/2033 | -- | $513,791.50 | 500,000 | BL9XM77 |
| 0.25% | -- | LIFEPOINT HEALTH INC | 7.00% | 05/01/2034 | -- | $509,056.83 | 535,000 | BVPPDZ2 |
| 0.25% | -- | CLARIOS GLOBAL LP/US FIN | 6.75% | 09/15/2032 | -- | $501,840.00 | 492,000 | BVZMLG0 |
| 0.25% | -- | PG&E CORP | 6.85% | 09/15/2056 | -- | $500,085.78 | 504,000 | BTJYMV0 |
| 0.25% | -- | BRAND INDUSTRIAL SERVICE | 10.38% | 08/01/2030 | -- | $497,205.79 | 563,000 | BS3BCF4 |
| 0.25% | -- | SIX FLAGS/CAN WON/MILLEN | 8.63% | 01/15/2032 | -- | $497,085.45 | 491,000 | BN49RB3 |
| 0.25% | -- | YUM! BRANDS INC | 5.38% | 04/01/2032 | -- | $495,838.75 | 500,000 | BLBM1S6 |
| 0.24% | -- | RAVEN ACQUISITION HOLDIN | 6.88% | 11/15/2031 | -- | $490,188.46 | 496,000 | BT9NKJ1 |
| 0.24% | -- | RYAN SPECIALTY | 5.88% | 08/01/2032 | -- | $489,806.46 | 495,000 | BPLPFQ9 |
| 0.24% | -- | WHIRLPOOL CORP | 7.88% | 07/01/2034 | -- | $487,325.62 | 493,000 | BX59HP6 |
| 0.24% | -- | STANDARD BUILDING SOLUTI | 6.25% | 08/01/2033 | -- | $485,271.15 | 486,000 | BQT2NG5 |
| 0.24% | -- | KODIAK GAS SERVICES LLC | 5.88% | 04/01/2031 | -- | $484,386.18 | 485,000 | BTMSZJ8 |
| 0.24% | -- | FERTITTA ENTERTAINMENT | 6.75% | 01/15/2030 | -- | $483,792.21 | 492,000 | BPLFC68 |
| 0.24% | -- | PHOTO HOLDINGS LLC | 12.00% | 07/01/2031 | -- | $477,943.61 | 458,000 | BX59CN9 |
| 0.24% | -- | HILCORP ENERGY I/HILCORP | 7.25% | 02/15/2035 | -- | $470,853.68 | 467,000 | BT7JWZ1 |
| 0.24% | -- | OPAL BIDCO | 6.50% | 03/31/2032 | -- | $470,403.70 | 466,000 | BTTRLD4 |
| 0.23% | -- | ROGERS COMMUNICATIONS IN | 7.13% | 04/15/2055 | -- | $469,147.43 | 466,000 | BSNZ6B0 |
| 0.23% | -- | SERVICE PROPERTIES TRUST | 8.63% | 11/15/2031 | -- | $468,772.31 | 446,000 | BMGC188 |
| 0.23% | -- | OSAIC HOLDINGS INC | 6.75% | 08/01/2032 | -- | $468,714.36 | 467,000 | BQT2NL0 |
| 0.23% | -- | CITGO PETROLEUM CORP | 8.38% | 01/15/2029 | -- | $461,560.05 | 450,000 | BR53N25 |
| 0.23% | -- | CRESCENT ENERGY FINANCE | 7.63% | 04/01/2032 | -- | $461,015.24 | 449,000 | BQ9D885 |
| 0.23% | -- | UNITED RENTALS NORTH AM | 5.38% | 11/15/2033 | -- | $460,230.35 | 470,000 | BR113M3 |
| 0.23% | -- | BLOCK INC | 5.63% | 08/15/2030 | -- | $459,823.91 | 459,000 | BVYL9V9 |
| 0.23% | -- | KINETIK HOLDINGS LP | 6.63% | 12/15/2028 | -- | $459,400.60 | 452,000 | BSD6D23 |
| 0.23% | -- | ACRISURE LLC / FIN INC | 7.50% | 11/06/2030 | -- | $456,812.02 | 489,000 | BT3CPW2 |
| 0.23% | -- | ESAB CORP | 5.63% | 04/01/2031 | -- | $453,344.39 | 456,000 | BV4J2P8 |
| 0.23% | -- | EQUIPMENTSHARE.COM INC | 9.00% | 05/15/2028 | -- | $450,302.45 | 441,000 | BPLL6H5 |
| 0.22% | -- | AETHON UN/AETHIN UN FIN | 7.50% | 10/01/2029 | -- | $449,772.69 | 433,000 | BP092P0 |
| 0.22% | -- | FIRST QUANTUM MINERALS L | 8.63% | 06/01/2031 | -- | $449,096.40 | 431,000 | BP488V1 |
| 0.22% | -- | US ACUTE CARE SOLUTIONS | 9.75% | 05/15/2029 | -- | $447,818.05 | 484,000 | BQ68CL4 |
| 0.22% | -- | AMENTUM HOLDINGS INC | 7.25% | 08/01/2032 | -- | $447,636.27 | 433,000 | BR2NN28 |
| 0.22% | -- | ALPHA GENERATION LLC | 6.75% | 10/15/2032 | -- | $440,999.96 | 435,000 | BP092B6 |
| 0.22% | -- | DARLING INGREDIENTS INC | 6.00% | 06/15/2030 | -- | $439,104.76 | 436,000 | BN95KZ1 |
| 0.22% | -- | HARVEST MIDSTREAM I LP | 6.75% | 05/15/2034 | -- | $438,079.96 | 433,000 | BV3N5X0 |
| 0.22% | -- | KEHE DIST/FIN / NEXTWAVE | 9.00% | 02/15/2029 | -- | $437,963.94 | 419,000 | BNRPLW7 |
| 0.22% | -- | MIDAS OPCO HOLDINGS LLC | 5.63% | 08/15/2029 | -- | $432,130.62 | 442,000 | BMY8TS4 |
| 0.21% | -- | VISTAJET MALTA/VM HOLDS | 6.38% | 02/01/2030 | -- | $429,958.99 | 452,000 | BP4Z8H8 |
| 0.21% | -- | FREEDOM MORTGAGE HOLD | 9.25% | 02/01/2029 | -- | $426,156.57 | 412,000 | BNRPV83 |
| 0.21% | -- | KENNEDY-WILSON INC | 7.00% | 06/01/2031 | -- | $425,780.04 | 415,000 | BWW4KL4 |
| 0.21% | -- | SABLE INTL FINANCE LTD | 7.13% | 10/15/2032 | -- | $421,455.41 | 427,000 | BL54J73 |
| 0.21% | -- | BELRON UK FINANCE PLC | 5.75% | 10/15/2029 | -- | $417,386.67 | 415,000 | BSVLRC8 |
| 0.21% | -- | USA COM PART/USA COM FIN | 7.13% | 03/15/2029 | -- | $417,143.66 | 407,000 | BM8SW92 |
| 0.21% | -- | LIGHT & WONDER INTL INC | 6.25% | 10/01/2033 | -- | $416,298.74 | 418,000 | BMW2F91 |
| 0.21% | -- | HERTZ CORP/THE | 12.63% | 07/15/2029 | -- | $416,169.04 | 576,000 | BS84LN9 |
| 0.21% | -- | BALL CORP | 6.00% | 06/15/2029 | -- | $413,502.70 | 408,000 | BQB88K0 |
| 0.20% | -- | JEFFERIES FIN LLC / JFIN | 5.00% | 08/15/2028 | -- | $408,046.87 | 422,000 | BP83D39 |
| 0.20% | -- | WHIRLPOOL CORP | 7.50% | 07/01/2031 | -- | $406,552.07 | 404,000 | BX52G92 |
| 0.20% | -- | GLOBAL MEDICAL RESPONSE | 7.38% | 10/01/2032 | -- | $404,230.96 | 393,000 | BMW2FL3 |
| 0.20% | -- | GARDA WORLD SECURITY | 8.38% | 11/15/2032 | -- | $402,967.27 | 393,000 | BRK14M1 |
| 0.20% | -- | SOLSTICE ADVANCED MATERI | 5.63% | 09/30/2033 | -- | $401,312.85 | 409,000 | BQT3JM6 |
| 0.20% | -- | COINBASE GLOBAL INC | 3.38% | 10/01/2028 | -- | $397,081.49 | 417,000 | BN6KWY2 |
| 0.20% | -- | FAIR ISAAC CORP | 6.25% | 09/15/2034 | -- | $396,357.48 | 407,000 | BTMT0G3 |
| 0.19% | -- | RHP HOTEL PPTY/RHP FINAN | 6.50% | 04/01/2032 | -- | $389,403.16 | 382,000 | BRBDSH9 |
| 0.19% | -- | HOWDEN UK REFINANCE / US | 8.13% | 02/15/2032 | -- | $385,142.28 | 417,000 | BMCM256 |
| 0.19% | -- | UWM HOLDINGS LLC | 6.25% | 03/15/2031 | -- | $382,887.04 | 422,000 | BVSYM93 |
| 0.19% | -- | DIRECTV FINANCING LLC | 8.88% | 02/01/2030 | -- | $380,354.02 | 371,000 | BRJJYP9 |
| 0.19% | -- | FOCUS FINANCIAL PARTNERS | 6.75% | 09/15/2031 | -- | $379,161.74 | 382,000 | BRBVMG0 |
| 0.19% | -- | OLYMPUS WTR US HLDG CORP | 6.75% | 08/01/2032 | -- | $379,036.21 | 382,000 | BVRTP89 |
| 0.18% | -- | STAR PARENT INC | 9.00% | 10/01/2030 | -- | $367,828.90 | 349,000 | BMCMQL0 |
| 0.18% | -- | CCO HLDGS LLC/CAP CORP | 7.00% | 02/01/2033 | -- | $358,119.83 | 368,000 | BVPC4H2 |
| 0.17% | -- | ALLIANT HOLD / CO-ISSUER | 6.75% | 04/15/2028 | -- | $349,329.06 | 347,000 | BMXHQ92 |
| 0.16% | -- | PERFORMANCE FOOD GROUP I | 5.63% | 03/01/2034 | -- | $328,009.08 | 337,000 | BW1N539 |
| 0.16% | -- | SM ENERGY CO | 8.75% | 07/01/2031 | -- | $326,254.34 | 312,000 | BRT75V6 |
| 0.15% | -- | VZ SECURED FINANCING BV | 7.50% | 01/15/2033 | -- | $299,389.09 | 325,000 | BSNMMD5 |
| 0.14% | -- | CLYDESDALE ACQUISITION | 8.75% | 04/15/2030 | -- | $284,512.06 | 288,000 | BQ3QRD8 |
| 0.14% | -- | RAKUTEN GROUP INC | 9.75% | 04/15/2029 | -- | $272,212.21 | 250,000 | BQBBBT9 |
| 0.13% | -- | NISSAN MOTOR CO | 8.13% | 07/17/2035 | -- | $267,219.35 | 250,000 | BVN2G67 |
| 0.13% | -- | IRON MOUNTAIN INC | 6.25% | 01/15/2033 | -- | $257,866.71 | 255,000 | BQ2KRD1 |
| 0.13% | -- | EMRLD BOR / EMRLD CO-ISS | 6.63% | 12/15/2030 | -- | $255,583.50 | 250,000 | BPLP3M1 |
| 0.13% | -- | AXON ENTERPRISE INC | 6.13% | 03/15/2030 | -- | $254,813.03 | 250,000 | BR4XVS8 |
| 0.13% | -- | HERTZ CORP/THE | 5.00% | 12/01/2029 | -- | $253,675.00 | 730,000 | BP9LWV3 |
| 0.13% | -- | ASTON MARTIN CAPITAL HOL | 10.00% | 03/31/2029 | -- | $251,057.50 | 431,000 | BRPT5J4 |
| 0.12% | -- | ALBERTSONS COS/SAFEWAY | 5.63% | 03/31/2032 | -- | $249,844.76 | 260,000 | BRBNWB1 |
| 0.12% | -- | STANDARD BUILDING SOLUTI | 6.50% | 08/15/2032 | -- | $240,583.73 | 238,000 | BR2NXL7 |
| 0.11% | -- | WEATHERFORD INTERNATIONA | 6.75% | 10/15/2033 | -- | $222,051.33 | 217,000 | BV8DHB7 |
| 0.10% | -- | LEVEL 3 FINANCING INC | 7.00% | 03/31/2034 | -- | $209,593.07 | 204,000 | BV6KVQ3 |
| 0.10% | -- | NCL CORPORATION LTD | 5.88% | 01/15/2031 | -- | $193,895.28 | 200,000 | BVLD769 |
| 0.09% | -- | CLEVELAND-CLIFFS INC CALLABLE NOTES FIXED 7.625% 15/JAN/2034 USD 1000 | -- | -- | -- | $181,425.00 | 177,000 | -- |
| 0.09% | -- | UNITED AIRLINES HOLDINGS | 4.88% | 03/01/2029 | -- | $180,924.41 | 183,000 | BWBZMK1 |
| 0.09% | -- | SIRIUS XM RADIO LLC | 5.88% | 04/15/2032 | -- | $179,462.64 | 181,000 | BWTX0F8 |
| 0.08% | -- | QUIKRETE HOLDINGS INC | 6.75% | 03/01/2033 | -- | $168,601.13 | 165,000 | BPH25H5 |
| 0.07% | -- | GFL ENVIRONMENTAL INC | 6.75% | 01/15/2031 | -- | $137,288.66 | 135,000 | BNKBFF3 |
| 0.05% | -- | SUNOCO LP | 5.63% | 03/15/2031 | -- | $108,609.54 | 109,000 | BTWSX61 |
| 0.05% | -- | HERC HOLDINGS INC | 7.25% | 06/15/2033 | -- | $100,180.42 | 96,000 | BV5GRT7 |
| 0.04% | -- | GRAY MEDIA INC | 10.50% | 07/15/2029 | -- | $73,809.61 | 70,000 | BS88506 |
| 0.03% | -- | UNIVISION COMMUNICATIONS | 9.38% | 08/01/2032 | -- | $67,518.86 | 66,000 | BV1C948 |
| 0.03% | -- | CSC HOLDINGS LLC | 11.25% | 05/15/2028 | -- | $56,555.36 | 100,000 | -- |
| -13.77% | -- | US 10YR NOTE (CBT) BOND 21/SEP/2026 TYU6 COMDTY | -- | -- | -27,557,234 | -- | -253 | -- |
| -28.34% | -- | US 2YR NOTE (CBT) BOND 30/SEP/2026 TUU6 COMDTY | -- | -- | -56,710,156 | -- | -275 | -- |
| -51.48% | -- | US 5YR NOTE (CBT) BOND 30/SEP/2026 FVU6 COMDTY | -- | -- | -103,007,297 | -- | -966 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | -- | -- | $9,532,349.87 | 9,532,350 | -- |
Index
as of 6/30/2026
- Total Number of Issues259
- Long Portfolio Duration3.34
- Net Effective Duration0.00
- Long Portfolio Yield7.53
- Net Index Yield7.17
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
How to Invest for Rising Rates
Explore strategies for rising interest rates, including interest rate hedged bonds and equities focused on rate-sensitive sectors.
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